Skip to content
Back to announcement

AnnualReport2023-JIHD-att2.pdf

Other Text extracted JIHD

Source file signed link, expires in 15 minutes

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

Extracted text 389

Page 1
                                             Prolog         Ikhtisar Kinerja     Laporan Manajemen   Profil Perusahaan   Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan
                                            Prologue   Performamnce Highlights   Management Report    Company Profile     Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                 A
                                                                                                                                                                                                                                 2023 Integrated Annual Report
Page 2
PT Jakarta International Hotels & Development Tbk




Penjelasan Cover
Cover Story




                                              Cover Laporan Tahunan PT Jakarta International Hotels & Development Tbk Tahun Buku
                                              2023 menggambarkan keyword “Excellence” pada tema “Integrating Excellence for
                                              Sustainability” divisualisasikan secara simbolik melalui jajaran gedung-gedung megah di
                                              kawasan bisnis yang menjulang dengan kokoh, dibuat dengan gaya ilustratif berkonsep
                                              metaverse (dunia digital). Visual pada cover memperkuat sosok JIHD yang terbuka dengan
                                              dunia masa depan (future) dan teknologi digital dalam menjalankan usahanya sehingga
                                              mampu menjaga kinerjanya menuju 50 tahun. Warna korporasi JIHD (merah) mendominasi
                                              dipadu dengan nuansa warna dunia metaverse.

                                              PT Jakarta International Hotels & Development Tbk's Annual Report Cover of 2023
                                              Fiscal Year uses the keyword of "Excellence" with the theme of "Integrating Excellence
                                              for Sustainability" which is symbolically visualized through a line of luxury buildings in a
                                              business district that towers firmly, built in illustrative style with a concept of metaverse
                                              (digital world). The visual in the cover reinforce JIHD's image which is open to the world of
                                              future and digital technology in carrying out its businesses that enable us to maintain our
                                              performance towards 50 years. JIHD's corporate color is dominated by red combined with
                                              the color nuances of metaverse world.




Sanggahan dan Batasan Tanggung Jawab
Disclaimer and Limitation of Liability

Laporan Tahunan Terintegrasi ini memuat pernyataan dan informasi      This Integrated Report contains statements and information
mengenai tujuan, kebijakan, rencana dan penerapan strategi, serta     regarding objectives, policies, plans and strategy implementation,
realisasi kinerja operasional: ekonomi, sosial dan lingkungan,        as well as realization of operational performance: economic,
yang disusun melalui pertimbangan diskusi internal, berdasarkan       social and environmental, which were prepared through internal
data dan informasi historis faktual, dengan teknik pengukuran         discussions, based on factual historical data and information, with
sesuai standar yang berlaku, dan dapat dipertanggungjawabkan          measurement techniques according to the applicable standards,
kebenarannya.                                                         and can be accounted for truth.

Dinyatakan pula harapan-harapan untuk tahun-tahun selanjutnya         This report also states the expectations for the following years
dalam pernyataan-pernyataan komprehensif ke depan dan                 in forward looking and prospective comprehensive statements,
prospektif, yang merupakan perkiraan berdasarkan berbagai             which are the estimation based on various assumptions regarding
asumsi mengenai kondisi terkini dan mendatang di lingkungan           current and future conditions in the business environment, having
bisnis, memiliki prospek risiko, ketidakpastian, serta dapat          prospects of risk, uncertainty, and could result in those being
mengakibatkan yang dilaporkan secara material berbeda dengan          reported materially different with current developments.
yang diperkirakan dan perkembangan aktual.

PT Jakarta International Hotels & Development Tbk tidak               PT Jakarta International Hotels & Development Tbk does not
menjamin bahwa dari dokumen-dokumen yang telah dipastikan             guarantee that the validity of the documents has been ascertained,
keabsahannya, dan pernyataan atau informasi prospektif tersebut       and that prospective statements or information that become the
yang menjadi dasar utama dalam pengambilan keputusan akan             main basis for making decisions or will bring certain results as
membawa hasil-hasil tertentu sesuai harapan.                          expected.




B      Laporan Tahunan Terintegrasi 2023
Page 3
                                                                                  Integrating Excellence for Sustainability




Metode Penyampaian Laporan Tahunan Terintegrasi




                                                                                                                                      Prologue
                                                                                                                                       Prolog
Methods for Submission of Integrated Reports
Laporan Tahunan dan Laporan Keberlanjutan PT Jakarta           The Annual Report and the Sustainability Report of PT Jakarta




                                                                                                                                      Performamnce Highlights
International Hotels & Development Tbk (selanjutnya disebut    International Hotels & Development Tbk (hereinafter referred




                                                                                                                                           Ikhtisar Kinerja
sebagai JIHD atau Perseroan) tahun buku 2023, yang disajikan   to as JIHD or the Company) for the 2023 financial year, which
dalam sebuah Laporan yang terintegrasi (Integrity Report),     is presented as an Integrated Report (Integrity Report), is a
merupakan kesinambungan dari laporan-laporan sebelumnya.       continuation of the previous reports. The last publication was on
Terakhir diterbitkan pada 28 April 2023. Laporan Tahunan       April 28, 2023. The 2023 Integrated Annual Report consists of 7
Terintegrasi 2023 terdiri dari 7 (tujuh) bab, meliputi:        (seven) chapters, including:


                    Ikhtisar Kinerja                                                     Performance Highlight




                                                                                                                                      Laporan Manajemen
                                                                                                                                      Management Report
    Informasi keuangan yang disajikan dalam bentuk                       Financial information presented in comparative form
    perbandingan selama 3 (tiga) tahun (2021-2023).                                  for 3 (three) years (2021-2023).


                  Laporan Manajemen                                                      Management Report
      Informasi mengenai pengawasan, penerapan                           Information regarding oversight, implementation of
    kebijakan strategis, pencapaian tahun buku, serta                    strategic policies, achievement of the financial year,
     implementasi Tata Kelola Perusahaan dari sudut                      and implementation of Corporate Governance from
                  pandang manajemen.                                                   management perspective.




                                                                                                                                      Profil Perusahaan
                                                                                                                                       Company Profile
                     Profil Perusahaan                                                     Company Profile
    Informasi umum tentang Perseroan, jejak langkah,                           General information about the Company,
         visi dan misi, serta informasi lainnya yang                        milestones, vision and mission, as well as other
              berhubungan dengan Perseroan.                                      information related to the Company.




                                                                                                                                      Analisis dan Pembahasan Manajemen
                                                                                                                                       Management Discussion and Analysis
                                                                                 Management Discussion and Analysis
         Analisis dan Pembahasan Manajemen
                                                                               Presentations related to the analysis of the
   Penyajian analisis atas kinerja Perseroan sepanjang
                                                                           Company's performance throughout 2023, which
   2023, meliputi tinjauan makro ekonomi dan sektoral,
                                                                             includes macroeconomic and sectoral reviews,
   pencapaian per segmen usaha, analisis atas kinerja
                                                                            achievements per business segment, analysis of
     keuangan, serta informasi mengenai transaksi
                                                                          financial performance, and information on material
                         material.
                                                                                              transactions.


                      Human Capital                                                         Human Capital
      Penyajian analisis atas sumber daya manusia                           Presentations on the Company’s Human Capital
      (SDM) Perseroan, yang meliputi nilai budaya,                        (HC) analysis, which include cultural values, human
    modal insani, sistem manajemen, pengelolaan dan                         capital, management system, management and
           pengembangan di 2023 dan 2024.                                            development in 2023 and 2024.




                                                                                                                                      Human Capital
                                                                                                                                      Human Capital
                Tata Kelola Perusahaan                                                 Corporate Governance
    Informasi penerapan Tata Kelola Perusahaan yang                          information regarding the implementation of
    diimplementasikan Perseroan secara lengkap dan                        Corporate Governance that is implemented by the
    menyeluruh sesuai dengan ketentuan dan kriteria                      Company in a complete and comprehensive manner
                     yang berlaku.                                        in accordance with the applicable provisions and
                                                                                                                                      Tata Kelola Perusahaan


                                                                                               criteria.
                                                                                                                                       Corporate Governance




                Laporan Keberlanjutan                                                     Sustainability Report
  Penyajian laporan kinerja yang berhubungan dengan                         presentation of performance reports related to
     kebijakan, program dan kegiatan operasional                            policies, programs and sustainable operational
   keberlanjutan yang mencakup bidang lingkungan,                            activities covering the fields of environment,
  ketenagakerjaan, kesehatan dan keselamatan kerja,                        employment, occupational health and safety, and
     serta pengembangan sosial kemasyarakatan.                                             social development.
                                                                                                                                      Laporan Keberlanjutan
                                                                                                                                       Sustainability Report




                   Laporan Keuangan                                                    Financial Statements
      Laporan keuangan konsolidasian untuk tahun                          Consolidated financial statements for the financial
    buku yang berakhir 31 Desember 2023 dan 2022,                        years ending December 31, 2023 and 2022, which
     yang telah diaudit oleh auditor independen dan                       have been audited by independent auditors and
     ditandatangani oleh Direksi sebagaimana diatur                     signed by the Board of Directors as stipulated in Law
   dalam Undang-Undang No. 40 Tahun 2007 tentang                              concerning Limited Liability Companies.
                   Perseroan Terbatas.


                                                                                         2023 Integrated Annual Report            1
Page 4
PT Jakarta International Hotels & Development Tbk




Laporan Tahunan Terintegrasi Perseroan disusun untuk memenuhi                        The Company’s Integrated Report is prepared to comply with
ketentuan regulator berhubungan dengan pelaporan secara                              regulatory requirements relating to the comprehensive reporting
komprehensif hasil kinerja keseluruhan Perseroan: operasional,                       of the Company’s overall performance results: operational,
keuangan, sosial, dan lingkungan, dengan menggunakan                                 financial, social and environmental, using a sustainability principle
pendekatan prinsip keberlanjutan sesuai dengan kaidah yang                           approach in accordance with the rules that apply from January 1 to
berlaku dari 1 Januari hingga 31 Desember 2023.                                      December 31, 2023.

Penulisan Laporan Tahunan Terintegrasi ini didasarkan pada                           The preparation of this Integrated Report is based on the Company’s
komitmen Perseroan untuk selalu menyelaraskan langkah antara                         commitment to always align its initiatives with positive business
pertumbuhan usaha yang positif dengan kontribusi tanggung                            growth and contribution to the responsibility for the environment
jawab terhadap lingkungan dan masyarakat sekitar. Penerbitan                         and surrounding communities. The publication of this Integrated
Laporan Tahunan Terintegrasi dilakukan sebagai bentuk komitmen                       Report is carried out by the Company as a form of commitment to
keterbukaan informasi berkelanjutan, membangun kepercayaan                           sustainable information disclosure, building trust and responsibility
dan tanggung jawab kepada pemangku kepentingan melalui                               to stakeholders through the provision of appropriate, balanced and
penyediaan informasi yang tepat, seimbang, dan relevan.                              relevant information.

Referensi penyusunan Laporan Tahunan menggunakan standar                             The preparation of the Annual Report refers to the OJK Regulation
Peraturan OJK No. 29/POJK.04/2016 tentang Isi dan Bentuk                             No. 29/POJK.04/2016 concerning the Content and Form of
Laporan Tahunan Emiten atau Perusahaan Publik, sedangkan                             the Annual Reports of Issuers or Public Companies, while the
Laporan Keberlanjutan merujuk Peraturan OJK No. 51/POJK.03/2017                      Sustainability Report is prepared based on OJK Regulation
tentang Penerapan Keuangan Berkelanjutan Bagi Lembaga Jasa                           No. 51/POJK.03/2017 concerning the Implementation of Sustainable
Keuangan, Emiten, dan Perusahaan Publik. Format bentuk dan isinya                    Finance for Financial Services Institutions, Issuers and Public
menyesuaikan dengan ketentuan-ketentuan Surat Edaran OJK                             Companies. The format and contents refer to the provisions of OJK
No. 16/SEOJK.04/2021 tentang Bentuk dan Isi Laporan Tahunan                          Circular Letter No. 16/SEOJK.04/2021 concerning the Form and
Emiten atau Perusahaan Publik.                                                       Content of Annual Reports of Issuers or Public Companies.

Laporan Tahunan Terintegrasi Perseroan menggunakan nominasi                          The Company’s Integrated Report uses Rupiah nomination
Rupiah (kecuali diindikasikan lain). Dalam melaporkan data                           (unless indicated otherwise). Financial data are reported based
keuangan, digunakan teknik berdasarkan Pernyataan Standar                            on the Statement of Financial Accounting Standards (PSAK)
Akuntansi Keuangan (PSAK) Indonesia, sedang untuk data                               Indonesia, while the sustainability data uses the international
keberlanjutan digunakan teknik pengukuran data yang berlaku                          measurement technique. Presented in two languages (Indonesia
secara internasional. Disajikan dwi bahasa (Indonesia dan Inggris)                   and English) in print and electronic editions, using an effective
dalam edisi cetak dan elektronik, dengan menggunakan jenis dan                       text type and size. The Company’s 2023 Integrated Report can be
ukuran teks yang efektif. Laporan Tahunan Terintegrasi Perseroan                     viewed and downloaded from the Company’s official website at
2023 ini dapat dilihat dan diunduh dari situs resmi Perseroan di                     www.jihd.co.id.
www.jihd.co.id.



Definisi dan Singkatan
Definition and Abbreviation
       Singkatan
                                                   Keterangan                                                             Description
      Abbreviation

AAEI                   Asosiasi Analis Efek Indonesia                                        Indonesian Association of Securities Analysts

ADB                    Asian Development Bank

AEI                    Asosiasi Emiten Indonesia                                             Indonesian Public Listed Companies Association

Afiliasi               Status yang disebabkan karena:                                        Affiliation status as a result of:
Affiliation            a. hubungan keluarga karena perkawinan dan keturunan sampai           a. Family relation due to marital status and until second degree,
                            derajat kedua, baik secara horizontal maupun vertikal;                 either horizontally or vertically;
                       b. hubungan antara pihak terkait dengan pegawai, direktur atau        b. Relation with third parties with employees, Director or
                            komisaris dari pihak tersebut;                                         Commissioner from those parties;
                       c. hubungan antara 2 (dua) perusahaan dimana terdapat satu atau       c. Relation between 2 (two) companies with one or same members of
                            lebih anggota direksi atau dewan komisaris yang sama;                  the Board of Directors or the Board of Commissioners;
                       d. hubungan antara perusahaan dan pihak, baik langsung                d. Relation between one company and related parties, directly or
                            maupun tidak langsung, mengendalikan atau dikendalikan oleh            indirectly, controlling or being controlled by the said company;
                            perusahaan tersebut;
                       e. hubungan antara 2 (dua) perusahaan yang dikendalikan, baik         e.   Relation between 2 (two) companies being controlled both directly
                            langsung maupun tidak langsung, oleh pihak yang sama; atau            and indirectly by same party; and
                       f.   hubungan antara perusahaan dan pemegang saham utama              f.   Relation between a company and major shareholders
                            (sebagaimana diatur dalam Pasal 1 angka 1 Peraturan OJK               (as stipulated in Article 1 number 1 of the OJK Regulation
                            No. 42/POJK.04/2020).                                                 No. 42/POJK.04/2020.

AGN/AGP                Artha Graha Network/Artha Graha Peduli.

Anggaran Dasar         Anggaran Dasar Perseroan berdasarkan Akta No. 25 Tahun 2023           The Company’s Articles of Association pursuant to Deed No. 25 of
Articles of            tanggal 20 Juli 2023.                                                 2023 dated July 20, 2023.
Association

Benturan               Perbedaan antara kepentingan ekonomis Perseroan dengan                Difference in economic interests of the Company with economic
Kepentingan            kepentingan    ekonomis seorang    Direksi, Komisaris, atau           interests of a member of Board of Directors, Board of Commissioners,
Conflict of Interest   Pemegang Saham Utama Perusahaan yang dapat merugikan                  or Ultimate Shareholders of the Company, which may harm the
                       Perusahaan (sebagaimana didefinisikan dalam Peraturan OJK             Company (as defined in Financial Service Authority Regulation
                       No. 42/POJK.04/2020).                                                 No. 42/POJK.04/2020).

BAE                    Biro Administrasi Efek Perseroan, yaitu PT Raya Saham Registra.       The Company’s Share Registrar, namely PT Raya Saham Registra.

BEI                    Bursa Efek Indonesia.                                                 Indonesia Stock Exchange



2         Laporan Tahunan Terintegrasi 2023
Page 5
                                                                                                                Integrating Excellence for Sustainability




        Singkatan
                                                      Keterangan                                                                Description
       Abbreviation




                                                                                                                                                                               Prologue
                                                                                                                                                                                Prolog
BNSP                    Badan Nasional Sertifikasi Profesi                                       National Professional Certification Agency

BPS                     Badan Pusat Statistik.                                                   Central Statistics Agency.

BRIN                    Badan Riset dan Inovasi Nasional                                         National Research and Innovation Agency




                                                                                                                                                                               Performamnce Highlights
COSO                    Committee of Sponsoring Organizations of Treadway Commission




                                                                                                                                                                                    Ikhtisar Kinerja
CSSR                    Corporate Social Safety Responsibility.

DA                      PT Danayasa Arthatama.

Dividen Saham           Bagian laba yang dibagikan kepada pemegang saham dalam bentuk            Part of the profits distributed to shareholders in form of shares.
Share Dividend          saham.

Donasi                  Sumbangan atau partisipasi Perseroan, baik atas inisiatif sendiri        Donation or participation of the Company, whether on its own initiative
Donation                ataupun permintaan pihak lain, dapat berupa dana, barang/natura atau     or at the request of other parties, can be in the form of funds, goods/




                                                                                                                                                                               Laporan Manajemen
                                                                                                                                                                               Management Report
                        program sosial, dan diberikan khususnya kepada komunitas di sekitar      kind or social programs, and are given especially to communities
                        lokasi kantor Perseroan, organisasi, lembaga atau pihak lainnya.         around the location of the Company's offices, organizations, institutions
                                                                                                 or other parties.

Emiten                  Pihak yang melakukan Penawaran Umum.                                     Party that holds Public Offering

Entitas Anak            Perusahaan yang laporan keuangannya dikonsolidasikan dengan              Companies whose financial statements are consolidated with the
Subsidiaries            laporan keuangan Emiten.                                                 Issuer’s financial statements.

ESG                     Environmental Social and Governance.




                                                                                                                                                                               Profil Perusahaan
                                                                                                                                                                                Company Profile
ESOP                    Employee Stock Ownership Program

Fakta Material          Informasi atau fakta penting dan relevan mengenai peristiwa, kejadian,   Important and relevant Information or facts regarding events, incidents,
Material Information    atau fakta yang dapat mempengaruhi harga Efek pada Bursa Efek            or facts that can influence the price of Securities in Stock Exchange
                        dan atau keputusan pemodal, calon pemodal, atau Pihak lain yang          and/or the decisions of investors, prospective investors, or other
                        berkepentingan atas informasi atau fakta tersebut.                       parties who have an interests on the information or facts.

Fraud                   Perbuatan melanggar hukum, peraturan (internal/eksternal) dan            Acts that violate laws, regulations (internal/external) and other
                        perundang-undangan lainnya yang sengaja dilakukan dengan                 legislation that are intentional to cheat/deceive to obtain money or
                        niat untuk berbuat curang/menipu untuk memperoleh uang atau              profits or other benefits for personal gain or for other parties' interests




                                                                                                                                                                               Analisis dan Pembahasan Manajemen
                        keuntungan/manfaat lain demi kepentingan pribadi atau pihak lain         where the perpetrator is not entitled to these profits/benefits that




                                                                                                                                                                                Management Discussion and Analysis
                        dimana pelaku tidak berhak atas keuntungan/manfaat tersebut              can result in losses to the Company, both financial and non-financial
                        sehingga dapat mengakibatkan kerugian Perseroan baik finansial           (including those that have the potential to cause losses).
                        maupun non finansial (termasuk yang berpotensi menimbulkan
                        kerugian).

GRI                     Global Reporting Initiative

GSBB                    Global Sustainability Standards Board

ICSA                    Indonesia Corporate Secretary Association

IIA                     The Institute of InternaI Auditor

IMF                     International Monetary Fund

IOJI                    Indonesia Ocean Justice Initiative

IPPF                    International Professional Practice Framework




                                                                                                                                                                               Human Capital
                                                                                                                                                                               Human Capital
Kapitalisasi Pasar      Jumlah total nilai suatu perusahaan yang dihitung berdasarkan jumlah     Total value of a company which is calculated based on the company’s
Market capitalization   saham perusahaan yang tersedia di pasar. Nilai kapitalisasi pasar        outstanding shares in the market. Market capitalization is calculated by
                        dihitung dengan cara mengalikan total saham perusahaan dengan            multiplying the company’s total shares by the price per share
                        harga per lembar saham.

KAP                     Kantor Akuntan Publik Perseroan, yaitu Mirawati Sensi Idris.             The Company’s Public Accounting Firm, namely Mirawati Sensi Idris.

Kelompok Usaha          Emiten dan semua perusahaan yang laporan                 keuangannya     The issuer and all companies which financial statements are
Emiten                  dikonsolidasikan dengan laporan keuangan Emiten.                         consolidated with the financial statements of the Issuer.
Issuers Business
                                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                                Corporate Governance



Group

Keuangan                Dukungan menyeluruh dari sektor jasa keuangan untuk menciptakan          Comprehensive support from the financial services sector to create
Berkelanjutan           pertumbuhan ekonomi berkelanjutan dengan menyelaraskan                   sustainable economic growth by aligning economic, social and
Sustainable Finance     kepentingan ekonomi, sosial, dan lingkungan hidup.                       environmental interests.

KNKG                    Komite Nasional Kebijakan Governansi                                     National Commitee on Governance

Komisaris               Anggota Dewan Komisaris yang berasal dari luar Emiten atau               Members of the Board of Commissioners who come from outside the
Independen              Perusahaan Publik dan memenuhi persyaratan sebagai Komisaris             Issuer or Public Company and meet the requirements as Independent
Independent             Independen (sebagaimana dimaksud dalam Peraturan OJK No. 33/             Commissioners (as stipulated in OJK Regulation No. 33/POJK.04/2014).
Commissioner            POJK.04/2014).
                                                                                                                                                                               Laporan Keberlanjutan




Komite Audit            Suatu komite yang dibentuk oleh dan bertanggung jawab kepada             A committee established by and responsible to the Board of
                                                                                                                                                                                Sustainability Report




Audit Committee         dewan komisaris dalam membantu melaksanakan tugas dan fungsi             Commissioners in assisting the implementation of their duties and
                        dewan komisaris.                                                         functions.

Komite Nominasi         Komite yang dibentuk oleh dan bertanggung jawab kepada Dewan             A committee established by and responsible to the Board of
dan Remunerasi          Komisaris dalam membantu melaksanakan fungsi dan tugas Dewan             Commissioners in assisting the implementation of their duties and
Nomination and          Komisaris terkait Nominasi dan Remunerasi terhadap anggota Direksi       functions related to Nomination and Remuneration for members of the
Remuneration            dan anggota Dewan Komisaris.                                             Board of Directors and Board of Commissioners.
Committee

KSEI                    PT Kustodian Sentral Efek Indonesia




                                                                                                                         2023 Integrated Annual Report                    3
Page 6
PT Jakarta International Hotels & Development Tbk




       Singkatan
                                                  Keterangan                                                                 Description
      Abbreviation
MSOP                 Management Stock Option Plan

Nominasi             Pengusulan seseorang untuk diangkat dalam jabatan sebagai anggota         Nomination of an individual to be appointed as a member of the Board
Nomination           Direksi atau anggota Dewan Komisaris.                                     of Directors or Board of Commissioners.

OECD                 Organization for Economic Cooperation and Development

Otoritas Jasa        Lembaga yang independen dan bebas dari campur tangan pihak                An independent institution that is free from other party’s intervention,
Keuangan atau OJK    lain, yang mempunyai fungsi, tugas, dan wewenang pengaturan,              whose function, duties and authorities to manage, oversee, verify, and
Financial Services   pengawasan, pemeriksaan, dan penyidikan sebagaimana dimaksud              investigate as referred to Law No. 21 of the year of 2011 about Financial
Authority or FSA     dalam Undang-Undang No. 21 Tahun 2011 tentang Otoritas Jasa               Services Authority.
                     Keuangan.

P3KPI                Perkumpulan Pratiksi dan Profesi Konsultan Pajak Indonesia                Indonesian Tax Consultants and Practitioners Association

PATA                 Pacific Asia Travel Association

PAUD                 Pendidikan Anak Usia Dini.                                                Early Childhood Education

Pemecahan Saham      Perbuatan hukum yang dilakukan oleh Perusahaan Terbuka untuk              Legal action carried out by a Public Company to split its shares from 1
Stock Split          memecah sahamnya dari 1 (satu) saham menjadi 2 (dua) saham                (one) share into 2 (two) shares or more or split its shares with a certain
                     atau lebih atau memecah sahamnya dengan rasio tertentu yang               ratio which results in an increase in the number of Public Company
                     mengakibatkan bertambahnya jumlah saham Perusahaan Terbuka.               shares.

Pemegang Saham       Pemegang saham yang tidak mempunyai kepentingan ekonomis                  Shareholders who do not have personal economic interests in
Independen           pribadi sehubungan dengan suatu transaksi tertentu dan:                   connection with a particular transaction and:
Independent          a. bukan merupakan anggota direksi, anggota dewan komisaris,              a. not a member of the Board of Directors, Board of Commissioners,
Sharholders               pemegang saham utama, dan pengendali; atau                               major or controlling shareholders; or
                     b. bukan merupakan afiliasi dari anggota direksi, anggota dewan           b. is not an affiliate of members of the board of directors, members of
                          komisaris, pemegang saham utama, dan pengendali.                         the board of commissioners, major and controlling shareholders.

Pemegang Saham       Pihak yang, baik secara langsung maupun tidak langsung, memiliki          A party who, either directly or indirectly, owns at least 20% (twenty
Utama                paling sedikit 20% (dua puluh persen) hak suara dari seluruh saham        percent) of the voting rights of all shares with voting rights issued by
Major Shareholders   yang mempunyai hak suara yang dikeluarkan oleh suatu perusahaan           a company or of all shares with voting rights issued by a company or
                     atau dari seluruh saham yang mempunyai hak suara yang dikeluarkan         in smaller amount as determined by the Financial Services Authority.
                     oleh suatu perusahaan atau jumlah yang lebih kecil dari itu
                     sebagaimana ditetapkan oleh Otoritas Jasa Keuangan.

Pemilik Manfaat      Orang perseorangan yang dapat menunjuk atau memberhentikan                Individuals who can appoint or dismiss members of the Board of
Ultimate             direksi, dewan komisaris, pengurus, pembina, atau pengawas pada           Directors, Board of Commissioners, management, supervisors
Shareholders         Korporasi, memiliki kemampuan untuk mengendalikan Korporasi,              or supervisors in the Corporation, have the ability to control the
                     berhak atas dan/atau menerima manfaat dari Korporasi baik langsung        Corporation, have the right to and/or receive benefits from the
                     maupun tidak langsung, merupakan pemilik sebenarnya dari dana atau        Corporation either directly or indirectly, are the actual owners of the
                     saham Korporasi (sebagaimana diatur dalam Pasal 1 angka 2 Peraturan       funds or shares of the Corporation (as regulated in Article 1 point 2 of
                     Presiden No. 13 Tahun 2018).                                              Presidential Regulation No. 13 of 2018).

Pencucian Uang       Perbuatan kriminal yang dilakukan untuk menutupi asal usul dana hasil     Criminal acts committed to cover the origin of criminal funds transferred
Anti-Money           kejahatan yang ditransfer untuk transaksi dengan Perseroan sehingga       for transactions with the Company so that the funds appear legitimate.
Laundering           dana tersebut terlihat sah.

Pengendali           Pihak yang baik langsung maupun tidak langsung:                           Parties who, either directly or indirectly:
Perusahaan Terbuka   a. memiliki saham Perusahaan Terbuka lebih dari 50% (lima puluh           a. owns shares in a Public Company of more than 50% (fifty percent)
Public Company           persen) dari seluruh saham dengan hak suara yang telah disetor             of all shares with voting rights that have been fully paid up; or
Controller               penuh; atau                                                           b. has the ability to determine, either directly or indirectly,
                     b. mempunyai kemampuan untuk menentukan, baik langsung                         in any way the management and/or policies of the Public
                         maupun tidak langsung, dengan cara apapun pengelolaan dan/                 Company (as regulated in Article 1 point 4 of OJK Regulation
                         atau kebijakan Perusahaan Terbuka (sebagaimana diatur dalam                No. 9/POJK.04/2018).
                         Pasal 1 angka 4 Peraturan OJK No. 9/POJK.04/2018).

Penggabungan         Perbuatan hukum yang dilakukan oleh Perusahaan Terbuka untuk              Legal action carried out by a Public Company to combine its shares
Saham                menggabungkan sahamnya dari 2 (dua) atau lebih saham menjadi 1            from 2 (two) or more shares into 1 (one) share or combine its shares
Reverse Stock        (satu) saham atau menggabungkan sahamnya dengan rasio tertentu            with a certain ratio which results in a reduction in the number of shares
                     yang mengakibatkan berkurangnya jumlah saham Perusahaan                   of the Public Company.
                     Terbuka.

Penghapusan          Penghapusan Efek dari daftar Efek yang tercatat di Bursa sehingga         Delisting of Securities from the Stock Exchange so that the Securities
Pencatatan           Efek tersebut tidak dapat diperdagangkan di Bursa.                        can no longer be traded on the Exchange.
Delisting

Perseroan            PT Jakarta International Hotels & Development Tbk, berkedudukan           PT Jakarta International Hotels & Development Tbk, domiciled in South
The Company          di Jakarta Selatan dan beralamat di Gedung Artha Graha Lantai 15,         Jakarta which office is located at the Artha Graha Building, 15th Floor,
                     Jl. Jendral Sudirman Kav. 52-53, Jakarta 12190.                           Jl. Jendral Sudirman Kav. 52-53, Jakarta 12190.

Perusahaan           Suatu perusahaan yang dikendalikan baik secara langsung maupun            A company controlled either directly or indirectly by a Public Company.
Terkendali           tidak langsung oleh Perusahaan Terbuka.
Controlled Company

Program              Program penawaran kepada karyawan, anggota direksi, dan/atau              A program for employees, members of the board of directors, and/or
Kepemilikan Saham    anggota dewan komisaris Perusahaan Terbuka dan/atau Perusahaan            members of the board of commissioners of Public Companies and/
Stock Ownership      Terkendali yang memenuhi syarat untuk memiliki saham Perusahaan           or Controlled Companies who meet the requirements to own Public
Program              Terbuka (sebagaimana diatur dalam Pasal 1 angka 8 Peraturan OJK           Company shares (as regulated in Article 1 point 8 of OJK Regulation
                     No. 14/POJK.04/2019).                                                     No. 14/POJK.04/2019).

PPJ                  PT Pacific Place Jakarta

Public Expose        Suatu pemaparan umum kepada publik untuk menjelaskan mengenai             A general presentation to the public to explain the performance or
                     kinerja atau informasi lain dari Perusahaan Tercatat dengan tujuan agar   other information of the Public Company with the aim of ensuring that
                     informasi tersebut tersebar secara merata.                                the information is distributed evenly.




4         Laporan Tahunan Terintegrasi 2023
Page 7
                                                                                                             Integrating Excellence for Sustainability




       Singkatan
                                                     Keterangan                                                             Description
      Abbreviation




                                                                                                                                                                           Prologue
                                                                                                                                                                            Prolog
Ruang Terbuka Hijau    Bagian dari ruang terbuka di suatu wilayah perkotaan berupa            Part of open space in an urban area in the form of a stretched area/lane
atau RTH               area memanjang/jalur dan/atau mengelompok dalam satu satuan            and/or grouped in a certain unit area containing flowers, plants and
Green Open Space       luas tertentu berisi tumbuhan, tanaman, dan vegetasi hijau baik        green vegetation that grow naturally or planted to support ecological,
or RTH                 yang tumbuh secara alamiah maupun yang sengaja ditanam guna            socio-cultural, architectural, comfort, and beauty for the urban area.




                                                                                                                                                                           Performamnce Highlights
                       mendukung manfaat ekologis, sosial budaya, arsitektural, kenyamanan,
                       dan keindahan bagi wilayah perkotaan tersebut.




                                                                                                                                                                                Ikhtisar Kinerja
Remunerasi             Imbalan yang ditetapkan dan diberikan kepada anggota Direksi           Remunerations are determined and given to members of the Board
Remunerations          dan anggota Dewan Komisaris karena kedudukan dan peran yang            of Directors and members of the Board of Commissioners for their
                       diberikan sesuai dengan tugas, tanggung jawab, dan wewenang            positions and roles in accordance with the duties, responsibilities and
                       anggota Direksi dan anggota Dewan Komisaris.                           authority of members of the Board of Directors and members of the
                                                                                              Board of Commissioners.

RUPSLB                 Rapat Umum Pemegang Saham Luar Biasa, yang telah diselenggarakan       Extraordinary General Meeting of Shareholders which was held on
EGMS                   pada 27 Juni 2023.                                                     June 27, 2023.

RUPST                  Rapat Umum Pemegang Saham Tahunan, yang telah diselenggarakan          Annual General Meeting of Shareholders which was held on June 27,




                                                                                                                                                                           Laporan Manajemen
                                                                                                                                                                           Management Report
AGMS                   pada 27 Juni 2023.                                                     2023.

Saham Bonus            Saham yang dibagikan secara cuma-cuma kepada pemegang saham            Free shares given to shareholders based on the number of shares they
Bonus Shares           berdasarkan jumlah saham yang dimiliki.                                own.

SCBD                   Sudirman Central Business District

Sekretaris             Orang perseorangan atau penanggung jawab dari unit kerja yang          An individual or person in charge of work unit that carries out corporate
Perusahaan             menjalankan fungsi sekretaris perusahaan.                              secretary functions.
Corporate Secretary




                                                                                                                                                                           Profil Perusahaan
                                                                                                                                                                            Company Profile
SII                    Social Investment Indonesia

SMK3                   Sistem Manajemen Keselamatan dan Kesehatan Kerja.                      Occupational Health and Safety Management System.
OSHMS

SPP                    Sistem Pelaporan Pelanggaran.                                          Whistleblowing System.
WBS

Suspensi Efek          Penghentian sementara perdagangan Efek Perusahaan Tercatat di          Temporary suspension of Securities of a Public Company from being
Securities             Bursa.                                                                 traded in the Exchange.




                                                                                                                                                                           Analisis dan Pembahasan Manajemen
Suspension




                                                                                                                                                                            Management Discussion and Analysis
Tanggung Jawab         Komitmen untuk berperan serta dalam pembangunan ekonomi                Commitment to participate in sustainable economic development in
Sosial Lingkungan      berkelanjutan guna meningkatkan kualitas kehidupan dan lingkungan      order to improve the quality of life and the environment, both for the
Environmental Social   yang bermanfaat, baik bagi Perseroan sendiri, komunitas setempat,      Company itself, the local community and society in general.
Responsibility         maupun masyarakat pada umumnya.

TKP/GCG                Tata Kelola Perusahaan yang Baik.                                      Good Corporate Governance

Transaksi Afiliasi     Setiap aktivitas dan/atau transaksi yang dilakukan oleh perusahaan     Every activity and/or transaction carried out by a public company
Affiliated             terbuka atau perusahaan terkendali dengan Afiliasi dari perusahaan     or controlled company with an Affiliate of a public company or an
Transactions           terbuka atau Afiliasi dari anggota direksi, anggota dewan komisaris,   Affiliate of a member of the board of directors, member of the board
                       pemegang saham utama, atau Pengendali, termasuk setiap aktivitas       of commissioners, major shareholder or Controller, including every
                       dan/atau transaksi yang dilakukan oleh perusahaan terbuka atau         activity and/or transaction carried out by a public company or company
                       perusahaan terkendali untuk kepentingan Afiliasi dari perusahaan       controlled for the benefit of affiliates of a public company or affiliates
                       terbuka atau Afiliasi dari anggota direksi, anggota dewan komisaris,   of members of the board of directors, members of the board of
                       pemegang saham utama, atau Pengendali.                                 commissioners, major shareholders or controllers.

Transaksi Benturan     Transaksi yang dilakukan oleh perusahaan terbuka atau perusahaan       Transactions carried out by a public company or controlled company
Kepentingan            terkendali dengan setiap pihak, baik dengan Afiliasi maupun pihak      with any party, whether affiliates or parties other than affiliates that




                                                                                                                                                                           Human Capital
                                                                                                                                                                           Human Capital
Conflict of Interest   selain Afiliasi yang mengandung Benturan Kepentingan.                  contain a conflict of interest.
Transactions

Transaksi Material     Setiap transaksi yang dilakukan oleh perusahaan terbuka atau           Transactions carried out by a public company or controlled company
Material               perusahaan terkendali yang memenuhi batasan nilai (sebagaimana         with any party, whether affiliates or parties other than affiliates
Transactions           diatur dalam Peraturan OJK No. 17/POJK.04/2020).                       that contain a conflict of interest (as regulated in OJK regulation
                                                                                              No. 17/POJK.04/2020).

Usaha Mikro Kecil      Usaha atau bisnis yang dilakukan oleh individu, kelompok, badan        A business carried out by individual, group, small business entity or
                                                                                                                                                                           Tata Kelola Perusahaan

Menengah atau          usaha kecil, maupun rumah tangga. Keberadaan UMKM di Indonesia         household. The existence of MSMEs in Indonesia is highly considered
                                                                                                                                                                            Corporate Governance




UMKM                   sangat diperhitungkan, karena berkontribusi besar pertumbuhan          for their significant contributions to economic development.
Micro, Small, and      ekonomi.
Medium Enterprises

Unit Audit Internal    Unit kerja dalam Emiten atau Perusahaan Publik yang menjalankan        A work unit within an Issuer or Public Company that carries out the
Internal Audit Unit    fungsi Audit Internal.                                                 Internal Audit function.

                       Audit Internal adalah suatu kegiatan pemberian keyakinan dan           Internal Audit is an activity that provides confidence and consultation
                       konsultasi yang bersifat independen dan objektif, dengan tujuan        that is independent and objective, with the aim of increasing value
                       untuk meningkatkan nilai dan memperbaiki operasional perusahaan,       and improving company operations through a systematic approach,
                       melalui pendekatan yang sistematis, dengan cara mengevaluasi dan       by evaluating and improving the effectiveness of risk management,
                       meningkatkan efektivitas manajemen risiko, pengendalian, dan proses    control and corporate governance processes.
                                                                                                                                                                           Laporan Keberlanjutan




                       tata kelola perusahaan.
                                                                                                                                                                            Sustainability Report




UUPT                   Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas.          Law Number 40 Year 2007 concerning Limited Liability Company.




                                                                                                                     2023 Integrated Annual Report                    5
Page 8
PT Jakarta International Hotels & Development Tbk




Penjelasan Tema
Theme Explanation

Laporan Tahunan dan Laporan Keberlanjutan Perseroan tahun                      The Company’s 2023 Annual Report and Sustainability Report
buku 2023 disajikan dalam satu Laporan Tahunan yang Terintegrasi               are presented in one Integrated Annual Report with a theme of:
dengan tema: Integrating Excellence for Sustainability.                        Integrating Excellence for Sustainability.



        2023
                                Integrating Excellence for Sustainability

                                PT Jakarta International Hotels & Development Tbk senantiasa berupaya proaktif dan adaptif terhadap dina-
                                mika bisnis yang didukung dengan human capital yang kompeten, kompetitif, dinamis, berpengalaman, dan
                                berdedikasi tinggi. Perseroan akan terus mengimplementasikan inisiatif-inisiatif strategis, konstruktif dan ino-
                                vatif dalam memanfaatkan berbagai momentum untuk mengakselerasi keberlanjutan yang berkontribusi dan
                                bermanfaat bagi seluruh pemangku kepentingan.

                                PT Jakarta International Hotels & Development Tbk continuously strives to be proactive and adaptive towards
                                business dynamics with the support of competent, competitive, dynamic, experienced, and highly dedicated
                                human capital. The Company will continue to implement strategic, constructive and innovative initiatives in
                                utilizing various momentum to accelerate sustainability that contributable and beneficial for all stakeholders.




Kesinambungan Tema
Theme Continuity
Penyusunan Laporan Tahunan dan Laporan Keberlanjutan                           The preparation of this Annual Report and Sustainability Report is
senantiasa diselaraskan dengan strategi dan tujuan Perseroan.                  always aligned with the Company's strategies and objectives. The
Penyajian Laporan Tahunan dan Laporan Keberlanjutan secara                     Company consistently publish Annual Report and Sustainability
konsisten sebagai perwujudan komitmen mempertahankan kinerja                   Report as a form of its commitment to maintaining performance
yang berorientasi pada keberlanjutan dan keberlangsungan usaha                 oriented towards sustainability and excellent business continuity
yang unggul di masa depan.                                                     in the future.


                                                                                                                                  2022
Strengthening Performance through Collaboration

PT Jakarta International Hotels & Development Tbk terus melakukan penguatan landasan usaha dengan mening-
katkan kehandalan organisasi, memperkuat dengan strategi-strategi adaptif, inovatif dan konstruktif, menginten-
sifkan langkah-langkah efisiensi operasional dan optimalisasi sumber daya. Transformasi usaha yang lebih baik,
ramah terhadap lingkungan dan adaptif dalam berinteraksi sosial, terus diupayakan dengan memperkuat sinergi
untuk berkolaborasi dengan para pemangku kepentingan. Bersama dengan momentum pemulihan ekonomi yang
mulai bergerak positif, langkah-langkah kolaborasi tersebut telah berhasil mengangkat kinerja PT Jakarta Interna-
tional Hotels & Development Tbk menjadi lebih baik pada 2022.

PT Jakarta International Hotels & Development Tbk continues to strengthen its business foundation by improving
organizational reliability, strengthening with adaptive, innovative and constructive strategies, intensifying opera-
tional efficiency measures and optimizing resources. Better business transformation, environmentally friendly and
adaptive in social interaction, continues to be pursued by strengthening synergies to collaborate with stakeholders.
Together with the momentum of economic recovery that has begun to move positively, these collaborative steps
have succeeded in lifting PT Jakarta International Hotels & Development Tbk’s performance to be better in 2022.




6       Laporan Tahunan Terintegrasi 2023
Page 9
                                                                                                    Integrating Excellence for Sustainability




     2021               Persistent Towards A Stronger Future




                                                                                                                                                           Prologue
                                                                                                                                                            Prolog
                        Ketahanan fundamental dengan didukung human capital yang berkapabilitas, serta tetap adanya kepercayaan dari tamu dan
                        pengunjung yang loyal membuat PT Jakarta International Hotels & Development Tbk tetap mampu bertahan di tengah krisis
                        Pandemi Covid-19 sejak 2020. PT Jakarta International Hotels & Development Tbk terus memperbarui keandalan organisasi,
                        memperkuat dengan strategi-strategi adaptif, inovatif dan konstruktif, bersinergi internal dan eksternal dengan seluruh




                                                                                                                                                           Performamnce Highlights
                        pemangku kepentingan, mempersiapkan diri untuk lebih kuat menghadapi tantangan, dan lebih siap untuk mengembangkan
                        peluang di tahun-tahun mendatang.




                                                                                                                                                                Ikhtisar Kinerja
                        Fundamental resilience supported by capable human capital, as well as continued trust from loyal guests and visitors has
                        made PT Jakarta International Hotels & Development Tbk able to survive amid the Covid-19 Pandemic crisis since 2020.
                        PT Jakarta International Hotels & Development Tbk continues to renew organizational reliability, strengthen with adaptive,
                        innovative and constructive strategies, synergize internally and externally with all stakeholders, prepare itself to be stronger
                        to face challenges, and better prepared to develop opportunities in the years ahead.




                                                                                                                                                           Laporan Manajemen
                                                                                                                                                           Management Report
     2021               Strong Commitment to Sustainability
                        Dalam perjalanan hingga keberadaannya sekarang, PT Jakarta International Hotels & Development Tbk telah terbukti bisa
                        bertahan, dan mampu melewati berbagai krisis ekonomi yang pernah terjadi di Indonesia. Melalui strategi-strategi bisnis
                        yang kuat, manajemen yang handal, serta sumber daya yang profesional, Perseroan bertekad untuk tetap mengukuhkan
                        sebagai salah satu perusahaan terkemuka di Indonesia, di sektor usaha perhotelan, real estat dan jasa telekomunikasi.
                        Dalam masa pandemi Covid-19 pada dua tahun terakhir ini, PT Jakarta International Hotels & Development Tbk bersama
                        Entitas Anak berusaha keras untuk tetap hadir dengan produk terbaik dan jasa pelayanan prima kepada konsumen,
                        pelanggan dan tamu. Kegiatan-kegiatan yang berkaitan dengan kemanusiaan tetap dilaksanakan dengan penerapan




                                                                                                                                                           Profil Perusahaan
                                                                                                                                                            Company Profile
                        protokol kesehatan. Tekad tersebut merupakan suatu komitmen yang senantiasa terwujud dan terealisasi dalam
                        perjalanan keberadaan Perseroan.

                        In the journey to its current existence, PT Jakarta International Hotels & Development Tbk has proven its ability to
                        survive, and overcome various economic crises that have occurred in Indonesia. Through strong business strategies,
                        reliable management, and professional resources, the Company is determined to remain as one of Indonesia's leading
                        companies in the hospitality, real estate and telecommunications services sectors.During the Covid-19 pandemic in the
                        last two years, PT Jakarta International Hotels & Development Tbk and its Subsidiaries are trying its best to be present
                        with the best products and excellent service to consumers, customers and guests. Activities related to humanity are still




                                                                                                                                                           Analisis dan Pembahasan Manajemen
                                                                                                                                                            Management Discussion and Analysis
                        carried out with the application of health protocols. This determination is a commitment that is always materialized and
                        realized in the course of the Company's existence.



Maturity in Overcoming Challenges                                                                                                2020
PT Jakarta International Hotels & Development Tbk sebagai pelaku usaha di bidang industri perhotelan, real estat dan
properti, berupaya gigih menunjukkan kemampuannya dengan menerapkan berbagai strategi guna mengatasi tantan-
gan dampak pandemi Covid-19.

PT Jakarta International Hotels & Development Tbk as a business actor in the hotel, real estate and property industry,
JIHD is working hard to demonstrate our capabilities by implementing various strategies to overcome the challenges
caused by the impact of the Covid-19 pandemic.




                                                                                                                                                           Human Capital
                                                                                                                                                           Human Capital
Awareness of Health and Environment for Business Continuity
                                                                                                                                   2020
Pandemi Covid-19 telah memberikan tantangan luar biasa bagi PT Jakarta International Hotels & Development Tbk yang
bergerak di sektor usaha perhotelan, real estat dan jasa telekomunikasi. Berbagai kebijakan pembatasan yang bertujuan
menekan penyebaran Covid-19 justru berdampak signifikan pada penurunan aktivitas ekonomi di masyarakat. Dalam
                                                                                                                                                           Tata Kelola Perusahaan


situasi kondisi seperti ini, PT Jakarta International Hotels & Development Tbk tetap gigih bertahan guna mengatasi
                                                                                                                                                            Corporate Governance




tantangan akibat pandemi. Strategi bisnis PT Jakarta International Hotels & Development Tbk yang sadar dengan
pentingnya menjaga kesehatan, peduli pada lingkungan, serta tetap menjunjung etika bisnis dan integritas akan tetap
memberikan ketahanan pertumbuhan yang berkelanjutan dan bermanfaat bagi seluruh pemangku kepentingan.

The Covid-19 pandemic has posed tremendous challenges for PT Jakarta International Hotels & Development Tbk (the
Company), which engages in the hospitality, real estate and telecommunication services sectors. Various restriction
policies aimed at suppressing the spread of Covid-19 have had a significant impact on the decline in economic activity
in the community. In this situation, the Company has persevered to overcome the challenges caused by the pandemic.
The Company's business strategy that is aware of the importance of maintaining health, caring for the environment,
and upholding business ethics and integrity will continue to provide sustainable growth resilience and benefit all
stakeholders.
                                                                                                                                                           Laporan Keberlanjutan
                                                                                                                                                            Sustainability Report




                                                                                                            2023 Integrated Annual Report             7
Page 10
PT Jakarta International Hotels & Development Tbk




Daftar Isi
Contents

Prolog                                        Profil Perusahaan                          Analisis dan Pembahasan
Prologue                                      Company Profile                            Manajemen
                                              Data Perusahaan                       38
                                                                                         Management Discussion
Penjelasan Cover
Cover Story
                                              Corporate Data                             and Analysis
                                              Skala Usaha                           39
Sanggahan dan Batasan Tanggung                                                           Tinjauan Perekonomian                  78
                                              Business Scale
Jawab                                                                                    Economic Review
Disclaimer and Limitation of Liability        Riwayat Singkat Perseroan             39
                                              Brief History of the Company               Tinjauan Industri dan Operasional      79
Metode Penyampaian Laporan                1                                              Industrial and Operational Review
Tahunan Terintegrasi                          Keterangan Perubahan Nama             41
                                              Description of Name Change                 Kinerja Keuangan Perusahaan            86
Methods for Submission of
                                                                                         Financial Performance of the
Integrated Reports                            Sekilas Perseroan                     42   Company
Definisi dan Singkatan                    2   Company at a Glance
                                                                                         Kemampuan Membayar Pinjaman            93
Definition and Abbreviation                   Kegiatan dan Bidang Usaha             43   dan Kolektibilitas Piutang
Penjelasan Tema                          6    Activities and Lines of Business           Debt Paying Ability and Receivables
Theme Explanation                             Wilayah Operasional                   45   Collectibility
Kesinambungan Tema                       6    Operational Areas                          Tingkat Kolektibilitas Piutang         94
Theme Continuity                              Operasional Bidang Usaha              46   Receivables Collectibility
Daftar Isi                                8   Operational Line of Business               Struktur Permodalan                    94
Contents                                      Pedoman Pengembangan Lot SCBD         48   Capital Structure
                                              SCBD Lot Development Guidelines            Ikatan Material Untuk Investasi        95
Ikhtisar Kinerja                              Jejak Langkah                         50   Barang Modal
Performance Highlights                        Milestones                                 Material Commitment for Capital
                                                                                         Goods Investment
                                              Visi dan Misi                         52
Ikhtisar Kinerja Keuangan 2023           12   Vision and Mission                         Investasi Barang Modal 2023            95
Summary of 2023 Financial                                                                Capital Goods Investment in 2023
                                              Budaya Perusahaan                     53
Performance                                                                              Rencana Investasi Barang Modal         95
                                              Company Culture
Ikhtisar Data Keuangan Penting           13                                              2024
                                              Keanggotaan pada Asosiasi             54
Key Financial Data Overview                                                              Capital Goods Investment Plan for
                                              Membership in Associations
Ikhtisar Saham                           15                                              2024
                                              Perubahan Organisasi yang Bersifat    54
Share Highlights                                                                         Prospek Usaha                          96
                                              Signifikan
Peristiwa Penting                        17                                              Business Prospect
                                              Significant Organizational Changes
Event Highlights                                                                         Kebijakan Dividen                      100
                                              Struktur Organisasi                   55
Penghargaan dan Sertifikasi              17                                              Dividend Policy
                                              Organizational Structure
Awards and Certifications                                                                Realisasi Penggunaan Dana Hasil        100
                                              Profil Dewan Komisaris                56
                                                                                         Penawaran Umum
                                              Profile of the Board of
                                                                                         Use of Proceeds from Public Offering
                                              Commissioners
Laporan Manajemen                             Profil Direksi                        61
                                                                                         Informasi Material                     100
                                                                                         Material Information
Management Report                             Profile of the Board of Directors
                                                                                         Informasi Transaksi                    101
                                              Struktur Grup                         67
                                                                                         Transaction Information
Laporan Dewan Komisaris                  22   Group Structure
Report from the Board of                                                                 Perubahan Peraturan Perundang-         101
                                              Daftar Entitas Anak dan Asosiasi      68
Commissioners                                                                            Undangan
                                              Subsidiaries and Associate Entities
                                                                                         Changes on the Legislation
Laporan Direksi                          26   Kepemilikan Saham Perseroan           69
Report from the Board of Directors                                                       Perubahan Kebijakan Akuntansi          101
                                              Share Ownership of the Company
                                                                                         Changes in Accounting Policies
                                              Kronologis Penerbitan dan             71
                                              Pencatatan Saham
                                              Chronology of Issuance and Listing
                                              of Shares
                                              Lembaga dan Profesi Penunjang         72
                                              Pasar Modal
                                              Capital Market Supporting
                                              Institutions and Professionals
                                              Demografi Karyawan                    73
                                              Employee Demograpy
                                              Informasi Pada Situs Web              74
                                              Perusahaan
                                              Company Website Information


8       Laporan Tahunan Terintegrasi 2023
Page 11
                                                                                       Integrating Excellence for Sustainability




                                                                                                                                   Prologue
                                                                                                                                    Prolog
                                                                                                                                   Performamnce Highlights
                                           Komite Nominasi dan Remunerasi        182
Human Capital                                                                             Laporan Keberlanjutan




                                                                                                                                        Ikhtisar Kinerja
                                           Nomination and Remuneration
Human Capital                              Committee                                      Sustainability Report
Human Capital                              Sekretaris Perusahaan                 183
                                     104   Corporate Secretary                           Tentang Laporan Keberlanjutan       222
Human Capital
                                                                                         About Sustainability Report
Pengembangan Kapabilitas             107   Unit Audit Internal                   190
Capability Development                     Internal Audit Unit                           Ikhtisar Kinerja Berkelanjutan      225
                                                                                         Sustainability Performance
                                           Akuntan Publik dan Audit Eksternal    195




                                                                                                                                   Laporan Manajemen
                                                                                                                                   Management Report
Manajemen Kinerja Individu           112                                                 Overview
Individual Perfomance Management           Public Accountant and External
                                           Audit                                         Strategi Keberlanjutan              227
Kompensasi Karyawan                  113                                                 Sustainability Strategy
Employee Compensation                      Sistem Pengendalian Internal          197
                                           Internal Control System                       Tata Kelola Keberlanjutan           228
Manajemen Bakat dan Suksesi          117                                                 Sustainability Governance
Succession and Talent Management           Sistem Manajemen Risiko               200
                                           Risk Management System                        Kinerja Keberlanjutan               233
Rencana Pengembangan Human           120                                                 Sustainability Performance
Capital 2024                               Permasalahan Hukum                    204




                                                                                                                                   Profil Perusahaan
                                                                                                                                    Company Profile
Human Capital Development Plan             Legal Cases                                   Lembar Umpan Balik                  267
for 2024                                                                                 Feedback Sheet
                                           Kode Etik                             205
                                           Code of Conduct                               Tanggapan Terhadap Umpan Balik      268
                                                                                         Laporan Tahun Sebelumnya
                                           Program Kepemilikan Saham             207
                                                                                         Response To The Previous Year’s
Tata Kelola Perusahaan                     Stock Ownership Program
                                                                                         Report Feedback
Corporate Governance                       Kebijakan Anti Korupsi                208
                                                                                         Indeks POJK No. 51/POJK.03/2017     268
                                           Anti Corruption Policy




                                                                                                                                   Analisis dan Pembahasan Manajemen
                                                                                         POJK Index No. 51/POJK.03/2017




                                                                                                                                    Management Discussion and Analysis
Tata Kelola Perusahaan               130   Sistem Pelaporan Pelanggaran          210     [OJK G.5]
Corporate Governance
                                           Whistleblowing System
Ruang Lingkup GCG Perseroan          131                                                 Indeks Konten GRI Standar 2021      271
                                           Transparansi Tata Kelola Tidak Baik   212     GRI Standard Content Index 2021
Scope of the Company’s GCG
                                           Transparency of Bad Governance
Pedoman dan Kebijakan                131   Practises
Guidelines and Policies
                                           Akses Informasi dan Data              214
Prinsip                              132   Perusahaan                                     Laporan Keuangan
Principles                                 Access to Company Information and              Financial Statements
Struktur                             133   Data
Structure                                  Penerapan Atas Pedoman Tata           216
Peta Jalan                           134   Kelola Perusahaan Terbuka
Roadmap                                    Implementation on Corporate
                                           Governance Guidelines for Public
Rapat Umum Pemegang Saham            134   Companies




                                                                                                                                   Human Capital
                                                                                                                                   Human Capital
General Meeting of Shareholders
Direksi                              147
Board of Directors
Dewan Komisaris                      157
Board of Commissioners
Informasi Hubungan Dewan             164
                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                    Corporate Governance



Komisaris dan Direksi
Information of the Relationship of
the Board of Commissioners
and Directors
Penilaian Kinerja Terhadap Dewan     170
Komisaris dan Direksi
Performance Assessment of the
Board of Commissioners and Board
of Directors
Remunerasi Dewan Komisaris dan       172
                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                    Sustainability Report




Direksi
Remuneration for The Board of
Commissioners and The Board of
Directors
Komite Audit                         175
Audit Committee




                                                                                             2023 Integrated Annual Report    9
Page 12
PT Jakarta International Hotels & Development Tbk




10    Laporan Tahunan Terintegrasi 2023
Page 13
             Integrating Excellence for Sustainability




Ikhtisar Kinerja




                                                              Prologue
                                                               Prolog
             Performance




                                                              Performamnce Highlights
               Highlights




                                                                   Ikhtisar Kinerja
                   Ikhtisar Kinerja Keuangan 2023        12
                   Summary of 2023 Financial
                   Performance




                                                              Laporan Manajemen
                                                              Management Report
                   Ikhtisar Data Keuangan Penting        13
                   Key Financial Data Overview
                   Ikhtisar Saham                        15
                   Share Highlights
                   Peristiwa Penting                     17
                   Event Highlights
                   Penghargaan dan Sertifikasi           17




                                                              Profil Perusahaan
                                                               Company Profile
                   Awards and Certifications




                                                              Analisis dan Pembahasan Manajemen
                                                               Management Discussion and Analysis
                                                              Human Capital
                                                              Human Capital
                                                              Tata Kelola Perusahaan
                                                               Corporate Governance
                                                              Laporan Keberlanjutan
                                                               Sustainability Report




                   2023 Integrated Annual Report    11
District 8
Page 14
PT Jakarta International Hotels & Development Tbk




Ikhtisar Kinerja Keuangan 2023
Summary of 2023 Financial Performance



            Meneruskan Kinerja Positif
            PT Jakarta International Hotels & Development Tbk kembali mencatatkan kinerja keuangan
            yang positif hingga akhir 2023. Peningkatan laba tercapai seiring dengan pertumbuhan
            bisnis yang baik, yang berpengaruh signifikan pada kinerja keuangan 4 (empat) segmen
            usaha: hotel, real estat, jasa telekomunikasi dan jasa manajemen perhotelan.

            Continuing Positive Performance
            PT Jakarta International Hotels & Development Tbk recorded a positive financial performance again by the
            end of 2023. The increase in profits is line with the excellent business growth, that significantly influenced the
            financial performance in 4 (four) business segments: hotel, real estate, telecommunication services and hotel
            management services.




                        Jumlah Aset                                                                    Pendapatan
                        Total Assets                                                                   Revenue

                        triliun | triillion                                                            triliun | triillion



                        Rp       6,53                                                                  Rp       1,47
     Jumlah Aset mencapai Rp6,53 triliun, turun 0,7% dari Rp6,58 triliun, yang       Pendapatan mencapai Rp1,47 triliun, naik 15,7% dari Rp1,27 triliun, yang
     terdiri dari aset lancar sebesar Rp569,57 miliar dan aset tidak lancar Rp5,96   berasal konsolidasian dari 4 (empat) segmen usaha: hotel sebesar
     triliun.                                                                        Rp565,93 miliar, real estat Rp630,61 miliar, jasa telekomunikasi Rp263,34
                                                                                     miliar dan jasa manajemen perhotelan Rp6,03 miliar.
     Total Assets reached Rp6.53 trillion, decreased by 0.7% from Rp6.58 trillion,
     comprising of current assets of Rp569.57 billion and non-current assets of      The revenues reached Rp1.47 trillion, increased by 15.7% from Rp1.27
     Rp5.96 trillion                                                                 trillion, deriving from the consolidation of 4 (four) business segments: hotel
                                                                                     Rp565.93 billion, real-estate Rp630.61 billion, telecommunication services
                                                                                     Rp263.34 billion and hotel management services Rp6.03 billion.




                        Jumlah Ekuitas                                                                   Laba Bersih
                        Total Equity                                                                     Net Income

                        miliar | billion                                                                 miliar | billion


                        Rp       4.726,36                                                                Rp      214,12
     Jumlah Ekuitas mencapai Rp4.726,36 miliar, naik 0,01% dari Rp4.725,86           Laba bersih mencapai Rp214,12 miliar, naik 61,5% dari Rp132,58 miliar, yang
     miliar, yang didukung dengan pertumbuhan dari saldo laba dan kepentingan        didukung oleh pertumbuhan pendapatan konsolidasian dan terkendalinya
     nonpengendali.                                                                  beban usaha.

     Total Equity reached Rp4,726.36 billion, increased by 0.01% from Rp4,725.86     Total Equity reached Rp214.12 trillion, increased by 61.5% from Rp132.58
     billion, which was driven by the increase in retained earnings and non-         trillion, which was driven by the increase in retained earnings and non-
     controlling interests.                                                          controlling interests.




12        Laporan Tahunan Terintegrasi 2023
Page 15
                                                                                    Integrating Excellence for Sustainability




Ikhtisar Data Keuangan Penting




                                                                                                                                            Prologue
                                                                                                                                             Prolog
Key Financial Data Overview




                                                                                                                                            Performamnce Highlights
                                                                                                                                                 Ikhtisar Kinerja
(dalam jutaan Rupiah, kecuali dinyatakan lain)                                              (in million Rupiah, unless otherwise stated)
Uraian                                              2023          2022         2021                                        Description

Laporan Laba Rugi Komprehensif                                                            Consolidated Comprehensive
Konsolidasian                                                                                    Profit Loss Statement
Pendapatan Usaha                                  1.465.918   1.266.978    902.939                                           Revenues




                                                                                                                                            Laporan Manajemen
                                                                                                                                            Management Report
Laba Kotor                                        1.149.150    972.827      646.556                                        Gross Profit
Laba (Rugi) Tahun Berjalan yang Dapat                                                        Profit (Loss) for The Year Attributable to:
Diatribusikan kepada:
  Pemilik Entitas Induk                            52.589         3.871    (104.239)               Owners of the Parent Company

  Kepentingan Non Pengendali                       161.535      128.704      (9.380)                      Non-controlling interests
Jumlah Laba (Rugi) Tahun Berjalan                   214.124     132.575     (113.619)                   Total Profit (Loss) for The Year
Penghasilan (Rugi) Komprehensif yang Dapat                                                             Comprehensive Income (Loss)




                                                                                                                                            Profil Perusahaan
                                                                                                                                             Company Profile
Diatribusikan kepada:                                                                                               Attributable to:
  Pemilik Entitas Induk                             50.542       13.619     (96.871)               Owners of the Parent Company
  Kepentingan Non Pengendali                        161.794     132.635      (8.306)                      Non-controlling interests
Jumlah Penghasilan (Rugi) Komprehensif             212.336      146.254     (105.177)             Total Comprehensive Income (Loss)


Data Saham                                                                                                            Stock Data




                                                                                                                                            Analisis dan Pembahasan Manajemen
                                                                                                                                             Management Discussion and Analysis
Jumlah Saham yang Beredar                            2.329       2.329        2.329                   Number of Outstanding Shares
(juta lembar)                                                                                                       (million shares)
Laba (Rugi) per Saham (Rupiah penuh)                 22,58         1,66       (44,76)       Earnings (Loss) Per Share (In Full Rupiah)


Laporan Posisi Keuangan                                                                            Consolidated Financial
Konsolidasian                                                                                         Position Statement
Jumlah Aset                                      6.529.925    6.578.828    6.609.371                                       Total Assets
Jumlah Liabilitas                                1.803.561    1.852.972     1.836.110                                   Total Liabilities

Jumlah Ekuitas                                   4.726.364    4.725.856    4.773.261                                       Total Equity


Laporan Arus Kas                                                                                 Consolidated Statement
Konsolidasian                                                                                             of Cash Flows




                                                                                                                                            Human Capital
                                                                                                                                            Human Capital
Arus Kas dari Aktivitas Operasi                   442.346       359.313     142.909             Cash Flows from Operating Activities
Arus Kas dari Aktivitas Investasi                  (75.133)    (131.065)    (36.743)             Cash Flows from Investing Activities
Arus Kas dari Aktivitas Pendanaan                 (277.323)   (209.560)      (10.561)            Cash Flows from Investing Activities


Rasio Keuangan (%)                                                                                        Financial Ratio (%)
                                                                                                                                            Tata Kelola Perusahaan
                                                                                                                                             Corporate Governance



Rasio Laba Tahun Berjalan terhadap:                                                                                     Profit Ratio to:
  Jumlah Aset                                           3,3         2,0          -1,7                                   Total Assets
  Jumlah Ekuitas                                       4,5          2,8         -2,4                                    Total Equity
  Pendapatan Usaha                                     14,6        10,5         -12,6                                      Revenue
Rasio Lancar                                          68,7         64,2         63,4                                     Current Ratio
Rasio Liabilitas terhadap:                                                                                            Liability Ratio to:
  Jumlah Aset                                         27,6         28,2         27,8                                    Total Assets
  Jumlah Ekuitas                                      38,2         39,2         38,5                                    Total Equity
                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                             Sustainability Report




                                                                                          2023 Integrated Annual Report                13
Page 16
PT Jakarta International Hotels & Development Tbk




Laba Rugi Konsolidasian | Consolidated Profit or Loss                              Keuangan Konsolidasian | Consolidated Finance

Pendapatan Usaha                                                                                                  Jumlah Aset
Revenues                                                                                                          Total Assets
                   2023                       1.465.918                            6.529.925            2023

                   2022                          1.266.978                             6.578.828        2022

                    2021                          902.939                              6.609.371         2021

Laba (Rugi) Usaha                                                                                          Jumlah Liabilitas
Profit (Loss) from Operations                                                                                Total Liabilities
                   2023                            49.661                            1.803.561          2023

                   2022                                 (7.827)                        1.852.973        2022

                    2021                         (240.092)                               1.836.110       2021

Laba (Rugi) Tahun Berjalan                                                                                   Jumlah Ekuitas
Profit (Loss) for the Year                                                                                      Total Equity
                   2023                           214.125                           4.726.364           2023

                   2022                            132.575                             4.725.855        2022

                    2021                           (113.618)                            4.773.261        2021


Rasio Keuangan | Financial Ratios


Rasio Lancar                                   Rasio Liabilitas Terhadap Aset             Rasio Liabilitas Terhadap Ekuitas
Current Ratio                                  Debt to Assets Ratio                       Debt to Equity Ratio
     68,7%
                 64,2%                                            28,2%                                   39,2%
                                63,4%             27,6%                   27,8%                                         38,5%
                                                                                            38,2%




     2023        2022           2021              2023            2022    2021              2023         2022           2021

Rasio Lancar                                   Imbal Hasil Pendapatan                    Imbal Hasil Ekuitas
Current Ratio                                  Profit Margin                             Return on Equity
      3,3%                                        14,6%                                     4,5%


                  2,0%                                            10,5%                                   2,8%




     2023        2022           2021              2023            2022    2021              2023         2022         2021



                                 -1,7%                                                                                -2,4%
                                                                          -12,6%



14      Laporan Tahunan Terintegrasi 2023
Page 17
                                                                                                                                                                   Integrating Excellence for Sustainability




Ikhtisar Saham




                                                                                                                                                                                                                                                        Prologue
                                                                                                                                                                                                                                                         Prolog
Share Highlights




                                                                                                                                                                                                                                                        Performamnce Highlights
Informasi Harga Saham                                                                                                           Share Price Information




                                                                                                                                                                                                                                                             Ikhtisar Kinerja
Jumlah saham Perseroan tercatat 2.329.040.482 lembar saham                                                                      Number of shares of the Company was recorded at 2,329,040,482
Per 31 Desember 2023 pada Bursa Efek Indonesia (BEI). Volume                                                                    shares as of December 31, 2023 on the Indonesia Stock Exchange
saham yang diperdagangkan di pasar reguler tercatat 18.101.900                                                                  (IDX). The volume of shares traded in the regular market was
lembar saham selama 2023, dengan harga berkisar antara Rp302,-                                                                  18,101,900 shares in 2023, with prices ranging from Rp302,- to
hingga Rp498,- per saham dan ditutup pada harga Rp388,-.                                                                        Rp498,- per share and closed at Rp388,-.

Harga dan Volume Transaksi Saham Per Bulan (2022-2023)                                                                          Monthly Share Price and Transaction Volume (2022-2023)




                                                                                                                                                                                                                                                        Laporan Manajemen
                                                                                                                                                                                                                                                        Management Report
                                                                           Harga Per Saham (Rupiah penuh)                                                                                                        Kapitalisasi Pasar
                                                                            Price of Share (in full Rupiah)                                                      Volume Transaksi                                  (juta Rupiah)
                  Bulan                                                                                                                                         Transaction Volume                              Market Capitalization
                                                        Terendah                               Tertinggi                       Penutupan
                  Month                                                                                                                                                                                           (million Rupiah)
                                                         Lowest                                Highest                          Closing
                                                   2023               2022              2023              2022             2023             2022                2023                   2022                     2023                  2022
 Desember/December                                  372                   348            400               364              388              352               1.449.100                710.400                 903.668               819.822




                                                                                                                                                                                                                                                        Profil Perusahaan
 November/November                                  368                   330            430               366              398              356              1.245.000              1.841.000                  926.958                829.138




                                                                                                                                                                                                                                                         Company Profile
 Oktober/October                                    368                   340                416           368              396              340               1.197.200               625.300                  922.300                791.873
 September/September                                370                   342            480               394              402              348                746.600              4.105.700                  936.274               810.506
 Agustus/August                                     360                   300            484                414             368              348              2.150.800            13.857.800                    899.010              810.506
 Juli/July                                          396                   284            498               308              482              308             1.682.000              3.748.900                   1.122.598              717.344
 Juni/June                                          338                   280            420               344              400              304              2.419.500             21.195,300                   931.616              708.028




                                                                                                                                                                                                                                                        Analisis dan Pembahasan Manajemen
 Mei/May                                             318                  266            370               354              346              276               1.318.400          10.566.900                    805.848               642.815




                                                                                                                                                                                                                                                         Management Discussion and Analysis
 April/April                                        302                   304            336               388              330               310             1.248.600                752.600                  768.583              722.002
 Maret/March                                         310                  314            350               374              324              320                972.200              2.039.100                  754.609               745.292
 Februari/February                                  330                   368            364               406              346               374             1.921.900                344.700                  805.848                871.061
 Januari/January                                    324                   346            356               456              330              386              1.750.600             3.366.300                   768.583              899.009




Pergerakan Harga dan Volume Transaksi Saham 2022-2023                                                                           Price Movement and Volume of Stock Transactions 2022-2023

Harga penutupan saham (Rp)                                                                                                                                                                                        Volume perdagangan (lembar saham)
Closing price (Rp)                                                                                                                                                                                                             Trading volume (share)
                                                     2022                                                                                                                   2023
500                                                                                                                                                                                                                                 25.000.000
                                                                                                                                                                                482




                                                                                                                                                                                                                                                        Human Capital
                                                                                                                                                                                                                                                        Human Capital
                                                                                                                                                                                             402                398
400                                                                                                                                                                                                                                 20.000.000
                       374                                                                                                                                           400                              396
           386                                                                                        356                                                                                                               388
                                                                           348 348                                              346                                                 368
                                320                                                                                                               330
                                                                                                              352                                        346
                                         310           304                                    340
                                                                                                                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                                                                                                                         Corporate Governance



                                                                                                                        330             324
300                                                                                                                                                                                                                                  15.000.000
                                                                308
                                             276


200                                                                                                                                                                                                                                  10.000.000
                                                                                                                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                                                                                                                         Sustainability Report




100                                                                                                                                                                                                                                   5.000.000




   0                                                                                                                                                                                                                                              0
            Jan/Jan   Feb/Feb Mar/Mar Apr/Apr Mei/May Jun/Jun   Jul/Jul    Agu/Aug Sep/Sep    Okt/Oct Nov/Nov Des/Dec   Jan/Jan Feb/Feb Mar/Mar   Apr/Apr Mei/May Jun/Jun   Jul/Jul Agu/Aug Sep/Sep   Okt/Oct   Nov/Nov Des/Dec

                                 Harga penutupan saham 2022                   Volume perdagangan 2022                                        Harga penutupan saham 2023                 Volume perdagangan 2023
                                 Closing price in 2022                        Trading volume in 2022                                         Closing price in 2023                      Trading volume in 2023




                                                                                                                                                                               2023 Integrated Annual Report                                     15
Page 18
PT Jakarta International Hotels & Development Tbk




Harga dan Volume Transaksi Saham Per-Kuartal                              Quarterly Share Price and Share Transaction
Selama 2019-2023                                                          Volume in 2019-2023

                                                   Harga Per Saham (Rupiah penuh)                                        Kapitalisasi Pasar
                                                    Price of Share (in full Rupiah)                                        (juta Rupiah)
                Periode                                                                              Volume Transaksi
                                                                                                                               Market
                Period                  Terendah              Tertinggi               Penutupan     Transaction Volume
                                                                                                                           Capitalization
                                         Lowest               Highest                  Closing                            (million Rupiah)
                                                                  2023
Kuartal IV/Quarter IV                       368                    430                    388            3.891.300             903.668
Kuartal III/Quarter III                     360                    498                    402            4.579.400             936.274
Kuartal II/Quarter II                       302                    420                    400            4.986.500              931.616
Kuartal I/Quarter I                         310                    364                    324            4.644.700             754.609
                                                                  2022
Kuartal IV/Quarter IV                       330                    368                    352             3.176.700             819.822
Kuartal III/Quarter III                     284                    414                    348            21.712.400            810.506
Kuartal II/Quarter II                       266                    388                    304           32.514.800             708.028
Kuartal I/Quarter I                         314                    456                    320             5.750.100            745.293
                                                                   2021
Kuartal IV/Quarter IV                       410                    520                    436            5.386.900            1.015.462
Kuartal III/Quarter III                     410                    500                    420              969.000              978.197
Kuartal II/Quarter II                       426                    458                    450              208.100            1.048.068
Kuartal I/Quarter I                         408                    500                    434              737.300            1.010.803
                                                                  2020
Kuartal IV/Quarter IV                       394                    675                    510           18.796.300             1.187.810
Kuartal III/Quarter III                     412                    695                    530            1.582.300            1.234.391
Kuartal II/Quarter II                       428                    700                    438               775.100            1.020.119
Kuartal I/Quarter I                         414                    498                    446              731.800            1.038.752
                                                                   2019
Kuartal IV/Quarter IV                       478                    670                    559            1.520.900            1.280.972
Kuartal III/Quarter III                     468                    655                    520            2.946.000              1.211.101
Kuartal II/Quarter II                       438                    500                    468              412.700            1.089.990
Kuartal I/Quarter I                         452                    620                    482              441.400            1.122.597
                                                                   2018
Kuartal IV/Quarter IV                       450                    500                    484              380.500             1.127.255
Kuartal III/Quarter III                     438                    500                    464               37.500            1.080.674
Kuartal II/Quarter II                       462                    500                    500              498.300            1.164.520
Kuartal I/Quarter I                         456                    500                    484              951.300             1.127.255


Suspensi atau Delisting                                                   Suspension or Delisting

Perdagangan saham Perseroan tidak mendapatkan penghentian                 The Company’s shares trading did not experienced any suspension
sementara perdagangan (suspensi) dan/atau proses pembatalan               and/or delisting which was imposed by the regulator of capital
pencatatan saham (delisting) terhadap saham Perseroan, yang               market authority throughout 2023.
dikenakan oleh pihak regulator otoritas pasar modal di sepanjang
2023.

Aksi Korporasi                                                            Corporate Action

Perseroan tidak melakukan aksi korporasi, seperti: pemecahan/             In 2023, the Company did not conduct any corporate actions, such
penggabungan saham (stock split/reverse stock), pemberian                 as: stock split/reverse stock, distributing bonus shares, changing
saham bonus, perubahan nilai nominal saham, penerbitan efek               in the nominal value of shares, issuing convertible securities, as
konversi, serta penambahan dan pengurangan modal di sepanjang             well as increasing or reducing capital. The Company also did not
2023. Perseroan juga tidak membagikan dividen: tunai dan saham,           distribute dividends: cash and shares, based on the resolutions of
berdasarkan hasil keputusan RUPST tahun buku 2022.                        the AGMS for the fiscal year 2022.




16      Laporan Tahunan Terintegrasi 2023
Page 19
                                                                                            Integrating Excellence for Sustainability




Peristiwa Penting




                                                                                                                                             Prologue
                                                                                                                                              Prolog
Event Highlights




                                                                                                                                             Performamnce Highlights
                                              Rapat Umum Pemegang Saham Tahunan               Annual General Meeting of Shareholders




                                                                                                                                                  Ikhtisar Kinerja
                                              (RUPST) Tahun Buku 2022                         (AGMS) of 2022 Fiscal Year
                                              RUPST Perseroan Tahun Buku 2022                 The Company's AGMS for the 2022
                                              dilaksanakan pada 27 Juni 2023 di Hotel         Fiscal Year was held on June 27, 2023 at
             27 Juni June
                                              Borobudur Jakarta, dihadiri oleh Dewan          Borobudur Hotel, Jakarta, attended by the
                                              Komisaris, Direksi dan Pemegang Saham.          Board of Commissioners, Board of Directors
                                                                                              and Shareholders.

                                              Rapat Umum Pemegang Saham Luar                  Extraordinary     General  Meeting    of




                                                                                                                                             Laporan Manajemen
                                              Biasa (RUPSLB) Tahun 2023                       Shareholders (EGMS) of 2023




                                                                                                                                             Management Report
                                              RUPST Perseroan Tahun Buku 2023                 The Company's AGMS for the 2023
                                              dilaksanakan pada 27 Juni 2023 di Hotel         Fiscal Year was held on June 27, 2023 at
                                              Borobudur Jakarta, dengan mata acara            Borobudur Hotel, Jakarta, which agenda
                                              Persetujuan Perubahan Anggaran Dasar.           was Approval of Amendments to the
                                                                                              Articles of Association.


                                                                                                            27 Juni June




                                                                                                                                             Profil Perusahaan
Paparan Publik 2023                          Public Expose 2023




                                                                                                                                              Company Profile
Pelaksanaan Paparan Publik 2023 dipimpin     The 2023 Public Expose was led by the
oleh Direksi, dan dihadiri oleh Pemegang     Board of Directors, and attended by
Saham dan masyarakat, memaparkan             Shareholders and the public, explaining
strategi dan target sepanjang 2023 dan       the strategy and targets in 2023 and the
kinerja Perseroan hingga kuartal I-2024.     Company's performance until the first
                                             quarter of 2024.




                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                              Management Discussion and Analysis
          17 Agustus August                  Peringatan HUT Kemerdekaan RI ke-77 di           Commemoration of the 77th Independence
                                             Hotel Borobudur Jakarta dan SCBD                 Day of the Republic of Indonesia at
                                             Perseroan dan Entitas Anak melaksanakan          Borobudur Hotel Jakarta and SCBD
                                             peringatan HUT Kemerdekaan RI di                 The      Company       and      Subsidiaries
                                             Lapangan Hotel Borobudur Jakarta dan Lot         commemorated the Independence Day
                                             16 SCBD.                                         of the Republic of Indonesia at Borobudur
                                                                                              Hotel Field, Jakarta and Lot 16 SCBD.



Pembukaan SCBD Park di SCBD Lot 6, 7         Opening of SCBD Park at SCBD Lot 6, 7                    3 November November
dan 8                                        and 8
Kawasan SCBD kembali menyediakan             The SCBD area presents lifestyle facilities:
fasilitas lifestyle: makanan, minuman dan    food, drinks and activities at SCBD Lot 6, 7




                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
aktivitas di SCBD Lot 6, 7 dan 8.            and 8.




                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance




Penghargaan dan Sertifikasi
Awards and Certifications
Perseroan untuk memenuhi kualifikasi dan standar produk dan          To fulfill the best product and service qualifications and standards,
layanan terbaik, mengikuti dan mendukung beberapa prinsip            the Company follows and supports several principles and initiatives
dan inisiatif yang dikembangkan oleh organisasi/lembaga lain,        issued by other organizations/institutions, including the national
                                                                                                                                             Laporan Keberlanjutan




baik berupa sertifikasi atau standar-standar untuk bidang-bidang     and international certifications or standards for certain sectors.
                                                                                                                                              Sustainability Report




tertentu, yang diakui secara nasional maupun internasional.          The implementation of these certifications and standards by the
Implementasi atas berbagai sertifikasi dan standar tersebut oleh     Company has received various recognition and appreciation
Perseroan telah mendapatkan berbagai pengakuan dan apresiasi         from external parties in the form of awards. The following are
dari pihak luar berupa penghargaan. Berikut adalah sertifikasi/      certifications/standards that are still valid and received by the
standar yang masih berlaku dan penghargaan yang diterima             Company in 2023.
Perseroan pada 2023.




                                                                                                  2023 Integrated Annual Report        17
Page 20
PT Jakarta International Hotels & Development Tbk




Penghargaan
Awards




     Tanggal        Perseroan/Entitas Anak                                         Perihal                                             Penyelenggara
      Date          The Company/Subsidiary                                         Subject                                               Organizer
21 Februari 2023 PT Pacific Place Jakarta           Apresiasi Pengelolaan Sampah Mandiri                                    Pemerintah Provinsi DKI Jakarta &
February 21, 2023                                   Appreciation of Independent Waste Management                            Dinas Lingkungan Hidup
                                                                                                                            DKI Jakarta Provincial Government &
                                                                                                                            Environmental Department
20 Juni 2023       PT Danayasa Arthatama            Pemanfaatan Air Perpipaan (Pelanggan Terbaik I untuk Wilayah Barat)     Perusahaan Air Minum Jakarta Raya
June 20, 2023                                       Utilization of Pipeline Water (The Best Customer in the Western Area)   (PAM Jaya)
                   PT Pacific Place Jakarta         Manajemen Keselamatan Kebakaran Gedung (Juara I – Mal)
                                                    Building Fire Safety Management (1st Place – Mall)
                   PT Danayasa Arthatama            Manajemen Keselamatan Kebakaran Gedung (Juara II – Kawasan)
                                                    Building Fire Safety Management (2nd Place – District)
Desember 2023                                                                                                               Gubernur DKI Jakarta
December 2023      PT First Jakarta International   Manajemen Keselamatan Kebakaran Gedung (Juara II – Perkantoran)         Governor of DKI Jakarta
                                                    Building Fire Safety Management (2nd Place – Office Tower)


                   Hotel Borobudur Jakarta          Manajemen Keselamatan Kebakaran Gedung (Juara II – Hotel)
                                                    Building Fire Safety Management (2nd Place – Hotel )
7 Desember 2023 PT Jakarta International            Public Company Entrepreneurial Marketing Award 2023                     Markplus Inc.
December 7, 2023 Hotels & Development Tbk           (Kategori turis dan Rekreasi)
                                                    Public Company Entrepreneurial Marketing Award 2023
                                                    (Tourism and Recreation Category)




18      Laporan Tahunan Terintegrasi 2023
Page 21
                                                                                                  Integrating Excellence for Sustainability




Sertifikasi




                                                                                                                                                          Prologue
                                                                                                                                                           Prolog
Certification




                                                                                                                                                          Performamnce Highlights
                                                                                                                                                               Ikhtisar Kinerja
                                                                                                                                                          Laporan Manajemen
                                                                                                                                                          Management Report
                                                                                                                                                          Profil Perusahaan
                                                                                                                                                           Company Profile
                                                                                                                                                          Analisis dan Pembahasan Manajemen
                                                                                                                                                           Management Discussion and Analysis
     Tanggal           Perseroan/Entitas Anak                    Perihal                         Institusi                     Masa Berlaku




                                                                                                                                                          Human Capital
                                                                                                                                                          Human Capital
      Date             The Company/Subsidiary                    Subject                        Institution                    Validity Period

23 Februari 2023 PT Pacific Place Jakarta          Sertifikat Hijau – Pengelolaan    Dinas Lingkungan Hidup Provinsi
February 23, 2023                                  Sampah Mandiri                    DKI Jakarta
                                                   Green Certificate – Independent   Environmental Department of
                                                   Waste Management                  DKI Jakarta Province

9 Juni 2023       PT Danayasa Arthatama            SMK3                              Kemenaker RI                      9 Juni 2023 – 9 Juni 2026
June 9, 2023                                       OHSMS                             Ministry of Manpower of the       June 9, 2023 – June 9, 2026
                                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                                           Corporate Governance



                                                                                     Republic of Indonesia

3 Juli 2023       Hotel Borobudur Jakarta          ISO 22000 : 2018 – Food Safety    TUV Rheinland                     3 Jul 2023 – 7 Nov 2025
July 3, 2023                                       Management                                                          July 3, 2023 – July 3, 2025

Desember 2023     PT First Jakarta International   Green Building Gedung BEI         LEED
December 2023                                      Green Building in IDX Building
                                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                                           Sustainability Report




                                                                                                          2023 Integrated Annual Report              19
Page 22
PT Jakarta International Hotels & Development Tbk




20    Laporan Tahunan Terintegrasi 2023
Page 23
                                                 Prolog          Ikhtisar Kinerja     Laporan Manajemen                                                 Profil Perusahaan   Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan
                                                Prologue    Performamnce Highlights   Management Report                                                  Company Profile     Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
                                                                                        22



                                                                                                                   26
                                              Laporan
                                            Manajemen
                                                           Management
                                                                Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                                                                    21
                                                                                                                   Report from the Board of Directors




                                                                                                                                                                                                                                                                                    2023 Integrated Annual Report
                                                                                        Laporan Dewan Komisaris
                                                                                        Report from the Board of

                                                                                                                   Laporan Direksi
                                                                                        Commissioners




                                                                                                                                                                                                                                                                                                      Sudirman Central Business District
Page 24
PT Jakarta International Hotels & Development Tbk




Laporan Dewan Komisaris
Report from the Board of Commissioners



         Kinerja Perseroan kembali meningkat dengan capaian pendapatan
         Rp1,47 triliun dan laba bersih Rp214,12 miliar. Capaian kinerja yang lebih
         baik menjadi landasan pertumbuhan yang lebih tinggi ke tahun-tahun
         berikutnya.
         The Company's performance improved again with revenue of Rp1.47 trillion and
         net profit of Rp214.12 billion. Better performance is the foundation for higher growth
         in the following years.



Pemegang Saham dan Para Pemangku Kepentingan                         Our valued Shareholders and Stakeholders
yang Terhormat
Mengawali sambutan ini, kami selaku Dewan Komisaris ingin            To begin our remarks, we as the Board of Commissioners would
memanjatkan puji dan syukur kepada Tuhan Yang Maha Esa yang          like to express our praise and gratitude to the Almighty God for
telah memberikan rahmat dan karunia-Nya sehingga PT Jakarta          His mercy and grace, allowing PT Jakarta International Hotels &
International Hotels & Development Tbk (Perseroan) berhasil          Development Tbk (the Company) to achieve a positive and better
meraih kinerja yang positif dan lebih baik dibandingkan tahun        performance compared to the previous year.
sebelumnya.

Mengawali laporan ini, kami ingin mengucapkan terima kasih           Allow us to begin this report to thank Mr. Teuku Ashikin Husein for
kepada Bapak Teuku Ashikin Husein atas kontribusinya selama          his contribution to the Company's Board of Commissioners from
bergabung dengan jajaran Dewan Komisaris Perseroan dari 2012         2012 to May 25, 2023.
hingga 25 Mei 2023.

Laporan ini merupakan bagian dari pertanggungjawaban Dewan           This report is part of the Board of Commissioners’ accountability
Komisaris untuk melaporkan kepada Pemegang Saham dan seluruh         to report to Shareholders and all stakeholders regarding the
pemangku kepentingan mengenai pelaksanaan tugas Dewan                implementation of the Board of Commissioners’ duties in supervising
Komisaris dalam melakukan pengawasan atas kepengurusan Direksi       the management of the Board of Directors and providing advice to
dan pemberian nasihat kepada Direksi sepanjang 2023. Fokus arahan    the Board of Directors throughout 2023. The focus of the Board of
pengawasan dan pemberian nasihat Dewan Komisaris diberikan buat      Commissioners’ supervisory and advisory direction is to assist the
membantu kepengurusan Direksi untuk bersama dan bersinergi           management of the Board of Directors to jointly and synergistically
merealisasikan target-target yang telah ditetapkan di awal tahun.    realise the targets set at the beginning of the year.

Dalam laporan ini akan disampaikan penilaian Dewan Komisaris         This report will present the Board of Commissioners’ assessment of
atas kinerja Direksi, pandangan-pandangan Dewan Komisaris            the Board of Directors’ performance, the Board of Commissioners’
dalam hal: prospek usaha yang disusun oleh Direksi, implementasi     views on the business prospects prepared by the Board of Directors,
strategi perusahaan dan penerapan tata kelola perusahaan, serta      the implementation of corporate strategy and the application
laporan perihal perubahan komposisi Dewan Komisaris dan              of corporate governance, as well as a report on changes in the
frekuensi pemberian nasihat kepada Direksi.                          composition of the Board of Commissioners and the frequency of
                                                                     providing advice to the Board of Directors.

Evaluasi Kinerja Direksi                                             Evaluation of the Board of Directors’ Performance
Dewan Komisaris terus melakukan pemantauan kinerja Perseroan         The Board of Commissioners continues to intensively monitor
secara intensif melalui pendalaman, pengkajian dan pembahasan        the Company’s performance through deepening, reviewing and
atas laporan kinerja bulanan dan triwulanan. Selain itu ditekankan   discussing monthly and quarterly performance reports. In addition,
agar Direksi terus melakukan efisiensi usaha dengan cara             it emphasised that the Board of Directors should continue to
menekan biaya beban usaha dan mengurangi beban bunga, serta          improve business efficiency by reducing operating expenses
meningkatkan efektivitas pengelolaan operasional.                    and interest expense, as well as improving the effectiveness of
                                                                     operational management.

Kinerja Perseroan kembali meningkat. Di 2023, telah dicapai          The Company's performance improved again. In 2023, revenues of
pendapatan hingga Rp1,47 triliun, lebih besar Rp198,94 miliar dari   Rp1.47 trillion were achieved, Rp198.94 billion more than the Rp1.27
yang dicapai Rp1,27 triliun di 2022. Laba bersih kembali diperoleh   trillion achieved in 2022. Net profit again amounted to Rp214.12
sebesar Rp214,12 miliar, lebih besar dari Rp132,58 miliar yang       billion, greater than the Rp132.58 billion earned in 2022.
diperoleh di 2022.



22      Laporan Tahunan Terintegrasi 2023
Page 25
                                                                                          Integrating Excellence for Sustainability




Atas apa yang dicapai Perseroan di 2023, Dewan Komisaris menilai      For what the Company achieved in 2023, the Board of




                                                                                                                                              Prologue
Direksi telah bekerja keras memberikan upaya yang terbaiknya.         Commissioners considers that the Board of Directors has worked




                                                                                                                                               Prolog
Dewan Komisaris juga memberikan apresiasi kepada Direksi atas         hard to give its best efforts. The Board of Commissioners also
berbagai inisiatif strategis yang berhasil diimplementasikan secara   appreciates the Board of Directors for the various strategic
baik sehingga mampu meneruskan performance Perseroan                  initiatives that were successfully implemented, leading the
menjadi lebih baik.                                                   Company to achieve a better performance.




                                                                                                                                              Performamnce Highlights
                                                                                                                                                   Ikhtisar Kinerja
Pengawasan Dalam Perumusan dan Implementasi                           Supervision of             Strategy        Formulation         and
Strategi                                                              Implementation
Dewan Komisaris secara aktif memantau dan mengawasi atas              The Board of Commissioners actively monitors and supervises
perumusan dan implementasi strategi perusahaan yang dirancang         the formulation and implementation of corporate strategies
dan dijalankan Direksi tetap berada di koridor operasional yang       designed and executed by the Board of Directors to remain in
tepat agar dapat berhasil dengan optimal. Strategi perusahaan         the right operational corridor for optimal success. The corporate
merupakan bagian dari rencana kerja dan anggaran (RKA), di            strategy is part of the work plan and budget (RKA), the formulation
mana penyusunannya telah melalui proses arahan, saran dan             of which has gone through a process of direction, advice and




                                                                                                                                              Laporan Manajemen
                                                                                                                                              Management Report
rekomendasi, proaktif timbal balik Direksi - Dewan Komisaris.         recommendations, proactively reciprocated by the Board of
                                                                      Directors - Board of Commissioners.

Pelaksanaan pengawasan terhadap implementasi strategi                 The supervision of the implementation of the Company’s strategy
Perseroan mengacu pada yang tertuang dalam RKA 2023, yang             refers to that contained in the 2023 RKA, which also includes:
mencakup pula pada hal-hal: kepatuhan manajemen terhadap              management compliance with applicable regulations, supervision
peraturan yang berlaku, pengawasan pelaksanaan GCG                    of GCG implementation (risk management, internal control systems,
(manajemen risiko, sistem pengendalian internal, audit internal dan   internal and external audits), and monitoring of investment and




                                                                                                                                              Profil Perusahaan
eksternal), dan pemantauan investasi dan pengembangan bisnis.         business development.




                                                                                                                                               Company Profile
Kepada Direksi dari awal diharapkan untuk cermat, tetap               The Board of Directors is expected to be prudent from the start,
mengedepankan prinsip kehati-hatian operasional, menjunjung           continue to prioritise the principle of operational prudence, uphold
tinggi integritas untuk mengeliminasi kecurangan, mempraktikkan       integrity to eliminate fraud, practice intelligence in facing digital
kecerdasan dalam menghadapi tantangan digital, disiplin dalam         challenges, be disciplined in managing costs, maintain adequate
pengelolaan biaya, menjaga kecukupan modal dan likuiditas,            capital and liquidity, be able to increase revenue through quality
dapat meningkatkan pendapatan melalui pengembangan dan                development and management, continue to innovate in all business




                                                                                                                                              Analisis dan Pembahasan Manajemen
pengelolaan yang berkualitas, terus berinovasi pada seluruh           segments, and contribute more to the environment and social.




                                                                                                                                               Management Discussion and Analysis
segmen usaha, serta lebih berkontribusi terhadap lingkungan dan
sosial.

Arahan dan rekomendasi, serta nasihat dan saran dari Dewan            Directives and recommendations, as well as advice and suggestions
Komisaris kepada Direksi telah diberikan secara formal melalui        from the Board of Commissioners to the Board of Directors have
forum rapat bersama. Dewan Komisaris telah mengundang Direksi         been provided formally through joint meetings. The BOC invited
pada rapat-rapat yang diadakan pada 3 Mei, 30 November, dan           the BOD to meetings held on May 3,, November 30, and December
27 Desember 2023, sedang Direksi mengundang Dewan Komisaris           27, 2023, while the BOD invited the BOC to meetings held on
dalam rapat-rapat yang diadakan pada 22 Februari, 31 Juli, dan        February 22, July 31, and September 26, 2023.
26 September 2023.

Melalui penelaahan terhadap peningkatan kinerja yang dicapai          Through the review of the Company’s performance improvement
Perseroan di 2023, Dewan Komisaris menilai bahwa Direksi telah        in 2023, the Board of Commissioners considers that the Board
merumuskan dan menjalankan berbagai strategi dan kebijakan            of Directors has formulated and implemented various strategic




                                                                                                                                              Human Capital
strategis pengelolaan dengan tepat, sehingga dapat mencapai           management strategies and policies appropriately, so as to achieve




                                                                                                                                              Human Capital
kinerja yang lebih baik dari tahun sebelumnya.                        better performance than the previous year.

Di tahun kerja 2024, Dewan Komisaris mengharapkan Direksi dapat       In 2024, the Board of Commissioners expects the Board of
tetap fokus dalam pengembangan proyek-proyek yang sudah               Directors to remain focused on the development of existing
ada, terus berupaya untuk menyediakan dan mempersiapkan               projects, continue to provide and prepare reliable and professional
sumber daya manusia yang andal dan profesional, dan senantiasa        human resources, and always provide excellent service in all
memberikan pelayanan yang prima di seluruh segmen usaha               business segments of the Company.
                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                               Corporate Governance




Perseroan.

Penilaian Kinerja Komite Audit Perseroan                              Performance Assessment of the Company’s Audit
                                                                      Committee
Komite Audit Perseroan telah membantu tugas pengawasan                The Company’s Audit Committee has assisted the supervisory
Dewan Komisaris dalam hal integritas penyusunan laporan               duties of the Board of Commissioners in terms of the integrity of
keuangan, implementasi manajemen risiko, pelaksanaan audit            the preparation of financial statements, implementation of risk
keuangan dan memberikan rekomendasi pengangkatan dan                  management, implementation of financial audits and providing
pemberhentian akuntan publik (AP) dan kantor akuntan publik           recommendations for the appointment and dismissal of public
(KAP) di Perseroan. Seluruh hasil telaahan dan rekomendasi yang       accountants (AP) and public accounting firms (KAP) in the Company.
                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                               Sustainability Report




diberikan pertimbangan bagi Dewan Komisaris dalam mengawasi           All reviews and recommendations are considered by the Board of
dan memberikan nasihat kepada Direksi.                                Commissioners in supervising and advising the Board of Directors.

Dewan Komisaris secara periodik melakukan penilaian terhadap          The Board of Commissioners periodically assesses the
kinerja Komite Audit. Indikator-indikator penilaiannya mencakup:      performance of the Audit Committee. The assessment indicators
keaktifan Komite Audit dalam menjalankan tugasnya, kehadiran          include: the activity of the Audit Committee in carrying out its
dalam rapat, proses dokumentasi, dan rekomendasi yang                 duties, attendance at meetings, documentation process, and
diberikan. Dengan mengacu dari hasil indikator-indikator tersebut,    recommendations given. With reference to the results of these
Dewan Komisaris menilai kinerja Komite Audit cukup baik di            indicators, the Board of Commissioners assessed the performance
sepanjang 2023.                                                       of the Audit Committee as good throughout 2023.

                                                                                                 2023 Integrated Annual Report         23
Page 26
PT Jakarta International Hotels & Development Tbk




Prospek Usaha Perseroan                                                   Business Prospects of the Company
Dewan Komisaris melihat bahwa prospek usaha yang disusun                  The Board of Commissioners considers that the business outlook
oleh Direksi yang disampaikan bersama Rencana Kerja Anggaran              prepared by the Board of Directors, which was submitted with
2024 sudah baik. Prospek usaha tersebut, telah disusun dengan             the 2024 Budget Work Plan, is good. The business outlook has
memperhatikan asumsi-asumsi dalam makro ekonomi global                    been prepared by taking into account assumptions in the global
dan nasional, dan juga melihat pencapaian kondisi keuangan                and national macroeconomy, and also looking at the Company’s
dan bisnis Perseroan di 2023. Capaian kinerja yang lebih baik             financial and business achievements in 2023. The better
menjadi landasan pertumbuhan yang lebih tinggi ke tahun-tahun             performance will serve as the foundation for higher growth in the
berikutnya.                                                               following years.

Dewan Komisaris meyakini bahwa Direksi akan mampu                         The Board of Commissioners is confident that the Board of
menjalankan seluruh strategi dengan baik dan memanfaatkan                 Directors will be able to execute all strategies well and capitalise
peluang yang ada. Upaya-upaya yang telah dilakukan terutama               on opportunities. The efforts that have been made, especially after
setelah meredanya pandemi Covid-19 telah masa pandemi                     the end of the Covid-19 pandemic, have had a positive effect on the
berpengaruh positif bagi Perseroan dengan kembali diperolehnya            Company with a return to net profit after previously experiencing
laba bersih setelah sebelumnya mengalami kerugian di 2020-                losses in 2020-2021.
2021.

Namun, Dewan Komisaris senantiasa mengingatkan Direksi untuk              However, the Board of Commissioners always reminds the Board
tetap mewaspadai dan melakukan upaya-upaya mitigasi risiko atas           of Directors to remain vigilant and make risk mitigation efforts for
berbagai perubahan kondisi eksternal. Hal-hal tersebut hendaknya          various changes in external conditions. These matters should have
telah diperhatikan ketika Direksi menyusun rencana kerja 2024.            been considered when the Board of Directors developed the 2024
Dalam rencana kerja dan anggaran (RKA) yang disusun pada akhir            work plan.In the work plan and budget (RKA) prepared at the end of
2023, Direksi menargetkan pendapatan konsolidasian Perseroan              2023, the Board of Directors targets the Company's consolidated
dapat meningkat 16,1% dari realisasi capaian 2023.                        revenue to increase by 16.1% from the actual achievement in 2023.

Terhadap prospek usaha Perseroan 2024, Direksi kembali harus              Regarding the Company’s business prospects for 2024, the Board
bisa memanfaatkan berbagai peluang pengembangan bisnis, dan               of Directors must again be able to capitalise on various business
mesti tetap bekerja keras untuk mencapainya. Dewan Komisaris              development opportunities, and must continue to work hard to
juga mengingatkan Direksi untuk mewaspadai berbagai gejolak               achieve them. The Board of Commissioners also reminds the Board
sosial, politik, dan ekonomi yang berpotensi terjadi. Perseroan           of Directors to be aware of various social, political and economic
harus bisa merespons cepat berbagai perkembangan yang terjadi             upheavals that could potentially occur. The Company must be able
di pasar, industri, dan masyarakat agar dapat terus bersaing dan          to respond quickly to various developments in the market, industry
makin berkembang.                                                         and society in order to continue to compete and grow.

Dewan Komisaris juga telah sepakat dengan Direksi dalam hal               The Board of Commissioners has also agreed with the Board of
strategi-strategi bisnis yang dipilih dan langkah-langkah yang            Directors on the business strategies chosen and the steps to be
akan dijalani dalam pengurusan dan pengelolaan Perseroan di               taken in the management of the Company throughout 2024. The
sepanjang 2024. Direksi diharapkan dapat terus melakukan upaya            Board of Directors is expected to continue making best business
praktik bisnis terbaik untuk pencapaian target tersebut.                  practice efforts to achieve these targets.

Penerapan Tata Kelola Perusahaan dan Inisiatif                            Implementation of Corporate Governance and
Keberlanjutan                                                             Sustainability Initiatives
Dengan tetap berlandaskan rambu-rambu peraturan yang                      The implementation of Good Corporate Governance (GCG) is
berlaku, norma-norma kepatutan dan praktik-praktik bisnis terbaik.        based on applicable regulations, norms of propriety and best
Kekonsistenan penerapan praktik Tata Kelola Perseroan yang Baik           business practices. The consistent implementation of Good
atau Good Corporate Governance (GCG) secara tepat, efektif,               Corporate Governance (GCG) practices in an appropriate, effective
dan menyeluruh dalam setiap proses bisnis di lingkup Perseroan,           and comprehensive manner in every business process within the
diharapkan semakin sempurna tahun ke tahun.                               Company is expected to be more perfect from year to year.

Dewan Komisaris menyambut baik upaya peningkatan kualitas                 The Board of Commissioners welcomes the efforts to improve
GCG yang telah dilakukan dengan menambahkan budaya                        the quality of GCG that have been made by adding the THRIVE
perusahaan THRIVE (Transform, Helpful, Respect, Innovative,               (Transform, Helpful, Respect, Innovative, Value, and Excellence)
Value, dan Excellence) sebagai bagian dari nilai-nilai perusahaan         corporate culture as part of the corporate values in addition to the
di samping visi dan misi Perseroan.                                       Company’s vision and mission.

Dewan Komisaris percaya bahwa Direksi akan terus berupaya                 The Board of Commissioners believes that the Board of Directors
untuk selalu meningkatkan kualitas penerapan prinsip-prinsip              will continue to strive to continuously improve the quality of the
GCG secara berkelanjutan. Komitmen pada penerapan GCG                     implementation of GCG principles. Commitment to the correct
dengan benar dan konsisten, harus diyakini sebagai fundamental            and consistent implementation of GCG must be believed to be
kesuksesan pengelolaan bisnis dan operasional perusahaan.                 fundamental to the successful management of the Company’s
                                                                          business and operations.

Dewan Komisaris mengapresiasi Direksi yang kembali menyusun               The Board of Commissioners appreciates the Board of Directors for
Laporan Keberlanjutan, yang merupakan pelaporan dari kontribusi           once again preparing the Sustainability Report, which is a reporting
yang menunjukkan konsistensi dalam mengedepankan prinsip-                 of contributions that demonstrate consistency in promoting
prinsip yang berkaitan dengan Lingkungan, Sosial dan Tata Kelola          principles relating to Environment, Social and Governance (ESG),
(ESG), dengan menyeimbangkan aspek triple bottom line yang                by balancing the triple bottom line aspects consisting of Ppeople,
terdiri dari People, Planet dan Prosperity (3P), dalam setiap aktivitas   Pplanet and Pprofit (3P), in every operational activity to support the
operasional mendukung pencapaian tujuan pembangunan yang                  achievement of sustainable development goals.
berkelanjutan.




24      Laporan Tahunan Terintegrasi 2023
Page 27
                                                                                           Integrating Excellence for Sustainability




Dewan Komisaris menilai bahwa Direksi telah berupaya                   The Board of Commissioners considers that the Board of Directors




                                                                                                                                              Prologue
memastikan kegiatan operasional Perseroan yang telah disertai          has endeavoured to ensure that the Company’s operational




                                                                                                                                               Prolog
dengan mitigasi risiko, tidak membawa dampak negatif bagi              activities, which have been accompanied by risk mitigation, do
pemangku kepentingan. Berbagai inisiatif keberlanjutan telah           not bring negative impacts to stakeholders. Various sustainability
dilakukan, dan yang terbaru di 2023 adalah kegiatan SCBD               initiatives have been undertaken, and the latest in 2023 is the
Weekland (diadakan setiap Sabtu pagi hingga Minggu malam) dan          SCBD Weekland activity (held every Saturday morning to Sunday




                                                                                                                                              Performamnce Highlights
penyediaan stasiun pengisian kendaraan listrik umum (electric          evening) and the provision of public electric vehicle charging




                                                                                                                                                   Ikhtisar Kinerja
vehicle charging) di kawasan SCBD. Kedua kegiatan tersebut             stations in the SCBD area. Both activities are a translation of the
merupakan penerjemahan prinsip-prinsip yang berkaitan dengan           principles relating to Environmental, Social and Governance (ESG).
Lingkungan, Sosial dan Tata Kelola (ESG).

Dewan Komisaris meyakini upaya-upaya tersebut akan bernilai            The Board of Commissioners believes that these efforts will add
tambah untuk terus memperoleh kepercayaan dan dukungan para            value to continue to gain the trust and support of stakeholders.
pemangku kepentingan.




                                                                                                                                              Laporan Manajemen
                                                                                                                                              Management Report
Komposisi Dewan Komisaris                                              Composition of the Board of Commissioners
Pada Rapat Umum Pemegang Saham Tahunan (RUPST) Tahun Buku              At the Annual General Meeting of Shareholders (AGMS) for
2022 tanggal 27 Juni 2023 diputuskan menerima pengunduran              Financial Year 2022 on June 27, 2023, it was resolved to accept
diri dari Teuku Ashikin Husein sebagai Komisaris yang sebelumnya       the resignation of Teuku Ashikin Husein as Commissioner who had
telah mengundurkan diri sejak 25 Mei 2023. Tidak ada penggantian       previously resigned on May 25, 2023. There was no replacement
dan penambahan anggota Dewan Komisaris baru pada RUPST                 and addition of new members of the Board of Commissioners at
27 Juni 2023.                                                          the AGMS on June 27, 2023.




                                                                                                                                              Profil Perusahaan
Dengan demikian, susunan Dewan Komisaris per 31 Desember               Thus, the composition of the Board of Commissioners as of




                                                                                                                                               Company Profile
2023 adalah sebagai berikut:                                           December 31, 2023 is as follows:


 Dewan Komisaris                                                 Nama/Name                                        Board of Commissioners
Presiden Komisaris                         Sugianto Kusuma                                                          President Commissioner
Wakil Presiden Komisaris                   Tomy Winata                                                         Vice President Commissioner
                                           Hartono Tjahjadi Adiwana




                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                               Management Discussion and Analysis
Komisaris Independen                       Ku Siew Kuan                                                          Independent Commissioner
                                           Lidwina Ong

Penutup                                                                Closing
Perseroan telah membuktikan bahwa dengan mengintegrasikan              The Company has proven that by integrating various existing
berbagai keunggulan yang ada, mampu meraih kinerja yang lebih          advantages, it is able to achieve better performance towards
baik menuju pertumbuhan bisnis yang berkelanjutan. Pencapaian          sustainable business growth. This achievement is certainly
ini tentunya tidak lepas dari dukungan seluruh personel                inseparable from the support of all Company personnel. Therefore,
Perseroan. Karena itu, perkenankan atas nama Dewan Komisaris           on behalf of the Board of Commissioners, I would like to thank
menyampaikan mengucapkan terima kasih kepada Direksi dan               the Board of Directors and employees for their commitment,
karyawan atas komitmen, dedikasi dan upaya kerja keras untuk           dedication and hard work efforts to provide the best performance
memberikan kinerja terbaik dalam operasional di sepanjang 2023.        in operations throughout 2023.

Dewan Komisaris mengucapkan terima kasih kepada pemegang               The Board of Commissioners would like to thank the shareholders




                                                                                                                                              Human Capital
saham yang senantiasa mendukung keberlangsungan bisnis                 who continue to support the Company's business continuity.




                                                                                                                                              Human Capital
Perseroan. Dewan Komisaris mengucapkan pula terima kasih               The Board of Commissioners would also like to thank other
kepada para pemangku kepentingan lainnya: tamu, pengunjung,            stakeholders: guests, visitors, tenants, and partners for their
tenant, dan mitra kerja atas kepercayaan, loyalitas, dan dukungan      trust, loyalty, and continuous support so that the Company can
tanpa henti sehingga Perseroan dapat terus bertahan dan                continue to survive and grow towards its 50 (fifty) years. The Board
bertumbuh menuju ke-50 (lima puluh) tahun. Dewan Komisaris             of Commissioners hopes that this harmonious relationship and
berharap agar relasi dan kerja sama yang harmonis ini dapat terus      cooperation can continue to be fostered well.
dibina dengan baik.
                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                               Corporate Governance




Dengan segala keberhasilan yang telah dibukukan di akhir 2023,         With all the success that has been recorded at the end of 2023,
Dewan Komisaris tetap berharap agar kinerja Perseroan dapat            the Board of Commissioners still hopes that the Company's
terus tumbuh berkelanjutan semakin membaik dari tahun ke               performance can continue to grow sustainably and improve
tahun, sehingga senantiasa bisa memberikan yang terbaik kepada         from year to year, so that it can always provide the best to all
seluruh pemangku kepentingan.                                          stakeholders.

                                                        Jakarta, 26 April 2024
                                                    Atas nama Dewan Komisaris,
                                               On behalf of the Board of Commissioners,
                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                               Sustainability Report




                                                             Sugianto Kusuma
                                                            Presiden Komisaris
                                                          President Commissioner


                                                                                                  2023 Integrated Annual Report        25
Page 28
PT Jakarta International Hotels & Development Tbk




Laporan Direksi
Report from the Board of Directors



              Perseroan kembali membukukan kenaikan pendapatan hingga Rp1,47
              triliun di akhir 2023, yang berasal kenaikan kontribusi pendapatan
              dari semua segmen usaha. Terdapat kenaikan hingga 15,7% dari yang
              dibukukan di tahun sebelumnya.
              The Company again booked an increase in revenue to Rp1.47 trillion by the end
              of 2023, which came from an increase in revenue contributions from all business
              segments. There was an increase of 15.7% from the previous year.




Para Pemangku Kepentingan dan Pemegang                                Our esteemed Stakeholders and Shareholders
Saham yang Terhormat                                                  We, the Board of Directors, would like to express our praise and
Bersama ini, kami selaku Direksi mengucapkan puji dan syukur          gratitude to God Almighty for His grace and guidance, allowing PT
ke hadirat Tuhan Yang Maha Esa atas karunia dan tuntunan-Nya          Jakarta International Hotels & Development Tbk (the Company)
sehingga PT Jakarta International Hotels & Development Tbk            to remain on a positive growth trajectory towards an improved
(Perseroan) tetap dan terus berada pada pertumbuhan positif           performance.
untuk menuju kinerja yang kembali meningkat.

Mengawali laporan ini, saya ingin mengucapkan terima kasih            To begin this report, I would like to express my deepest gratitude to
yang sebesar-besarnya kepada para pemegang saham yang                 the shareholders who have given me the trust to lead the Company
telah memberikan kepercayaan untuk memimpin Perseroan                 effective from June 27, 2023. Together with my fellow Board of
efektif sejak 27 Juni 2023. Bersama para kolega Direksi lainnya,      Directors, we look forward to establishing solid synergy to bring
kami berharap dapat menjalin sinergi yang solid untuk membawa         the Company to achieve better performance growth. We would
Perseroan meraih pertumbuhan kinerja yang lebih baik. Kami juga       also like to thank Mr Arpin Wiradisastra for his contribution during
ingin mengucapkan terima kasih kepada Bapak Arpin Wiradisastra        his joining in the Board of Directors.
atas kontribusinya selama bergabung dengan jajaran Direksi
Perseroan.

Sebagai bentuk pertanggungjawaban kepada Para Pemegang                As a form of accountability to the Shareholders and all other
Saham dan seluruh Pemangku Kepentingan lainnya, Direksi               Stakeholders, the Board of Directors will report the results of
akan melaporkan hasil jalannya kepengurusan dan pengelolaan           the management of the Company in the Annual Report and
Perseroan dalam Laporan Tahunan dan Laporan Keberlanjutan             Sustainability Report for the financial year 2023. Presented in
tahun buku 2023. Disajikan dalam satu laporan yang terintegrasi       one integrated report under the theme: Integrating Excellence
dengan tema: Integrating Excellence for Sustainability, yang          for Sustainability, which means proactive and adaptive efforts to
bermakna upaya proaktif dan adaptif mengintegrasikan berbagai         integrate various advantages of the Company and its subsidiaries
keunggulan Perseroan bersama Entitas Anak untuk tumbuh                for better sustainable growth.
berkelanjutan yang lebih baik.

Keberlanjutan dan keberadaan Perseroan hingga sekarang                The Company’s sustainability and presence until now is not
bukanlah sesuatu hal yang mudah dicapai. Dedikasi kerja keras         something that is easily achieved. The hard work dedication and
dan keprofesionalan seluruh personel Perseroan dari level tertinggi   professionalism of all Company personnel from the highest to
hingga terendah telah berkolaborasi dan beradaptasi untuk terus       the lowest level have collaborated and adapted to continue to be
kompetitif lebih baik dari tahun ke tahun.                            competitive year after year.

Secara konsisten berupaya untuk mewujudkan penciptaan nilai           Consistently striving to realize value creation for all stakeholders
bagi seluruh pemangku kepentingan melalui berbagai inisiatif yang     through various initiatives related to the implementation of
berhubungan dengan penerapan prinsip dan nilai keberlanjutan          sustainability principles and values to align with the Company’s
agar selaras dengan tujuan jangka panjang Perseroan dan               long-term goals and Sustainability Development Goals (SDGs).
Sustainability Development Goals (SDGs).

Perekonomian Indonesia 2023                                           Indonesia’s Economy in 2023
Dalam perjalanan ekonomi Indonesia sepanjang 2023 terimpak            Indonesia’s economic journey in 2023 was heavily impacted by the
cukup besar dengan efek ketidakpastian global. Pertumbuhan            effects of global uncertainty. GDP growth was only able to stay at
PDB hanya mampu berada di level 5%.                                   the 5% level.


26      Laporan Tahunan Terintegrasi 2023
Page 29
                                                                                             Integrating Excellence for Sustainability




Di kuartal I-2023, ekonomi Indonesia tumbuh mencapai 5,03%              In the first quarter of 2023, Indonesia’s economy grew by 5.03%




                                                                                                                                                 Prologue
secara tahunan, lebih tinggi dibandingkan pertumbuhan ekonomi           on an annualised basis, higher than the economic growth in the




                                                                                                                                                  Prolog
kuartal IV-2022 sebesar 5,01%. Kontribusi terbesar berasal dari         fourth quarter of 2022 of 5.01%. The biggest contribution came
konsumsi rumah tangga yang tumbuh 4,54%.                                from household consumption which grew by 4.54%.

Dengan tetap mengandalkan konsumsi, ekonomi Indonesia pada              By continuing to rely on consumption, Indonesia’s economy




                                                                                                                                                 Performamnce Highlights
kuartal II-2023 melaju dengan tumbuh 5,17%, sesuai dengan               in the second quarter of 2023 grew by 5.17%, in line with Bank




                                                                                                                                                      Ikhtisar Kinerja
perkiraan Bank Indonesia di kisaran 5,0%-5,1%. Di kuartal II-2023,      Indonesia’s forecast of 5.0%-5.1%. In the second quarter of 2023,
gerak ekonomi Indonesia mulai terhambat, mulai dari ekspor yang         Indonesia’s economic movement began to be hampered, ranging
berada di zona merah hingga sektor investasi yang dibayangi wait        from exports that were in the red zone to the investment sector that
and see investor.                                                       was overshadowed by wait-and-see investors.

Pada kuartal III-2023, ekonomi Indonesia hanya tumbuh 4,94%,            In the third quarter of 2023, Indonesia’s economy only grew 4.94%,
seiring perekonomian global yang melambat, terjadi perubahan            as the global economy slowed down, climate change occurred, and
iklim, dan harga komoditas ekspor unggulan yang turun.                  the price of leading export commodities fell. National economic




                                                                                                                                                 Laporan Manajemen
                                                                                                                                                 Management Report
Pertumbuhan ekonomi nasional kuartal III-2023 didukung oleh             growth in the third quarter of 2023 was underpinned by strong
kuatnya konsumsi rumah tangga yang bertumbuh 5,06% dan                  household consumption which grew 5.06% and investment which
investasi yang naik 5,7%.                                               rose 5.7%.

Pada kuartal IV-2023, dengan tingginya belanja pemerintah,              In the fourth quarter of 2023, with high government spending, the
ekonomi nasional kembali tumbuh mencapai 5,04%, berakselerasi           national economy grew again to 5.04%, accelerating compared to
dibandingkan kuartal III yang hanya 4,94%. Sehingga secara              the third quarter which was only 4.94%. So that overall for 2023,
keseluruhan untuk 2023, pertumbuhan ekonomi nasional                    national economic growth reached 5.05%.




                                                                                                                                                 Profil Perusahaan
mencapai 5,05%.




                                                                                                                                                  Company Profile
Pertumbuhan juga terjadi pada 17 (tujuh belas) lapangan usaha           Growth also occurred in 17 (seventeen) business fields as constituents
sebagai penyusun PDB Indonesia 2023 dari sisi produksi. Tiga            of Indonesia’s GDP in 2023 from the production side. Three business
lapangan usaha yang menjadi segmen usaha Perseroan juga                 sectors that are the Company’s business segments also recorded
mencatatkan pertumbuhan. Dua lapangan usaha, yakni: Penyediaan          growth. Two business sectors, namely: Accommodation Service and
Akomodasi dan Makan Minum, dan Informasi dan Komunikasi mampu           Food and Beverages, and Information and Communication were
tumbuh di atas PDB Indonesia 2023, dengan masing-masing 10,01%          able to grow above Indonesia’s GDP 2023, with 10.01% and 7.59%,




                                                                                                                                                 Analisis dan Pembahasan Manajemen
dan 7,59%. Sedang lapangan usaha Real Estat di mana segmen              respectively. While the Real Estate business sector in which the




                                                                                                                                                  Management Discussion and Analysis
usaha real estat Perseroan: kawasan, mal, dan gedung perkantoran        Company’s real estate business segments: estates, malls, and office
termasuk di dalamnya hanya mampu tumbuh 1,43%.                          buildings are included in was only able to grow by 1.43%.

Lapangan usaha Penyediaan Akomodasi dan Makan Minum, dan                Accommodation Service and Food and Beverages, and Information
Informasi dan Komunikasi termasuk dalam 6 (enam) lapangan               and Communication were among the six business sectors with
usaha dengan pertumbuhan di atas PDB 2023, tapi lebih rendah            growth above GDP in 2023, but lower than in 2022, which reached
dibanding di 2022, yang masing-masing mencapai 11,94%                   11.94% and 7.73% respectively. There was a factor in the decline in
dan 7,73%. Ada faktor menurunnya daya beli masyarakat yang              people’s purchasing power which had an impact on the decline in
berdampak pada menurunnya pertumbuhan di 2023.                          growth in 2023.

Pertumbuhan lapangan usaha Real Estat yang terus menurun                The growth of the Real Estate business sector has continued to
dalam kurun 5 (lima) tahun terakhir. Harga produk-produk real estat     decline in the last 5 (five) years. The rising prices of real estate
yang bergerak naik membuat sulit untuk memperolehnya dengan             products made it difficult to acquire them with a fixed income
pendapatan yang tetap selama masa pandemi Covid-19 dan belum            during the Covid-19 pandemic and have not been tailored during




                                                                                                                                                 Human Capital
disesuaikan di masa pemulihan ekonomi.                                  the economic recovery.




                                                                                                                                                 Human Capital
Target dan Hasil yang Dicapai                                           Achievement of Targets and Results
Kinerja keuangan dan kinerja segmen usaha berhasil dicapai lebih        The financial performance and business segment performance
baik hingga akhir 2023, dan semuanya mencapai di atas target            were better than expected by the end of 2023, and all achieved
yang direncanakan.                                                      above the planned targets.

Perseroan kembali membukukan kenaikan pendapatan di akhir               The Company posted another increase in revenue at the end of
                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                  Corporate Governance




2023, mencapai hingga Rp1,47 triliun (2022: Rp1,27 triliun), yang       2023, reaching up to Rp1.47 trillion (2022: Rp1.27 trillion), stemming
berasal kenaikan kontribusi pendapatan dari semua segmen                from an increase in revenue contribution from all business
usaha. Terdapat kenaikan hingga 15,7% dari yang dibukukan di            segments. This represented an increase of 15.7% from the previous
tahun sebelumnya. Realisasi pendapatan tersebut mencapai                year. The revenue reached 90.9% of the target of Rp1.61 trillion,
90,9% dari target Rp1,61 triliun, yang ditetapkan dalam rencana         which was set in the 2023 work plan and budget (RKA).
kerja dan anggaran (RKA) 2023.

Pendapatan segmen usaha hotel berasal dari konsolidasian                Hotel business segment revenue came from the consolidated
pendapatan Hotel Borobudur Jakarta, Hotel Ritz Carlton Pacific Place,   revenue of Hotel Borobudur Jakarta, Ritz Carlton Pacific Place Hotel,
Alila SCBD dan Apartemen Pacific Place Residence, terakumulasi          Alila SCBD and Pacific Place Residence Apartment, accumulated to
                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                  Sustainability Report




hingga Rp565,93 miliar atau 86,7% dari target Rp652,45 miliar.          Rp565.93 billion or 86.7% of the target of Rp652.45 billion. There
Terdapat kenaikan sebesar Rp96,42 miliar atau 20,5% dibanding           was an increase of Rp96.42 billion or 20.5% compared to the
dengan tahun sebelummya yang tercatat Rp469,52 miliar.                  previous year which was recorded at Rp469.52 billion.

Pendapatan segmen usaha real estat berasal dari aktivitas Mal           The real estate business segment revenue came from the activities
Pacific Place Jakarta dan 3 (tiga) gedung perkantoran: Gedung BEI,      of Pacific Place Mall Jakarta and 3 (three) office buildings: IDX
One Pacific Place dan Revenue Tower mencapai Rp630,61 miliar            Building, One Pacific Place and Revenue Tower reached Rp630.61
atau 94,6% dari target Rp666,53 miliar. Terdapat kenaikan sebesar       billion or 94.6% of the target of Rp666.53 billion. There was an
Rp73,06 miliar atau 13,1% dari Rp557,56 miliar dibukukan di akhir       increase of Rp73.06 billion or 13.1% from Rp557.56 billion booked
2022.                                                                   at the end of 2022.

                                                                                                    2023 Integrated Annual Report         27
Page 30
PT Jakarta International Hotels & Development Tbk




Segmen usaha jasa telekomunikasi memberikan kontribusi                 The telecommunication services business segment contributed
pendapatan Rp263,34 miliar, dengan kenaikan Rp25,88 miliar             Rp263.34 billion in revenue, with an increase of Rp25.88 billion or
atau 10,9% dari Rp237,45 miliar yang dicapai di 2022. Pendapatan       10.9% from Rp237.45 billion achieved in 2022. The telecommunication
segmen usaha jasa telekomunikasi tersebut sama dengan 91,2%            services business segment revenue was equal to 91.2% of the
dari target Rp288,76 miliar yang ditetapkan di awal tahun.             Rp288.76 billion target set at the beginning of the year.

Pendapatan jasa manajemen perhotelan (Discovery Hotel & Resort)        Hospitality management services revenue (Discovery Hotel &
terhadap tiga hotel: Discovery Kartika Plaza Hotel, Discovery Hotel    Resort) for three hotels: Discovery Kartika Plaza Hotel, Discovery
Ancol dan Palace Hotel Cipanas dibukukan sebesar Rp6,03 miliar         Hotel Ancol and Palace Hotel Cipanas was booked at Rp6.03
di 2023 (131,9% dari target Rp4,57 miliar). Dibanding dengan 2022      billion in 2023 (131.9% of the target of Rp4.57 billion). Compared to
terdapat kenaikan Rp3,59 miliar atau 146,7%.                           2022, there was an increase of Rp3.59 billion or 146.7%.

Sejalan dengan kenaikan pendapatan, profitabilitas Perseroan           In line with the increase in revenue, the Company’s profitability also
juga meningkat sebagaimana tercermin pada laba bersih                  increased as reflected in the net profit of Rp214.12 billion. This was
sebesar Rp214,12 miliar. Lebih besar dari yang diperoleh di tahun      greater than the previous year’s net profit of Rp132.58 billion.
sebelumnya yang tercatat Rp132,58 miliar.

Kebijakan Strategis Perseroan                                          Strategic Policy of the Company
Direksi merumuskan strategi perusahaan dengan menimbang                The Board of Directors formulates the company’s strategy by
berbagai masukan dan analisis dari banyak pihak terkait.               considering various inputs and analyzes from many related parties.
Diupayakan sinergi kerja yang lebih cerdas di antara jajaran           A smarter synergy is sought among management, employees and
manajemen, karyawan dan pemangku kepentingan lainnya                   other stakeholders to support each other in a professional manner.
untuk saling mendukung secara profesional. Strategi perusahaan         The corporate strategy is part of the work plan and budget (RKA),
merupakan bagian dari rencana kerja dan anggaran (RKA), yang           the preparation of which has been consulted with the Board of
dalam penyusunannya telah dikonsultasikan kepada Dewan                 Commissioners. The RKA serves as a reference in carrying out
Komisaris. RKA tersebut menjadi acuan dalam menjalankan                duties and responsibilities in the management and administration
tugas dan tanggung jawab dalam pengurusan dan pengelolaan              of the Company during the year.
Perseroan selama tahun berjalan.

Berbagai kebijakan diambil sebagai langkah strategis guna              Various policies are taken as strategic measures to achieve
mencapai tujuan perusahaan yang berkelanjutan. Seluruh langkah         sustainable corporate goals. All established strategic measures are
strategis yang telah ditetapkan diharapkan dapat berjalan, dan         expected to run, and can play a role in improving the Company’s
dapat berperan dalam meningkat kinerja bisnis Perseroan.               business performance.

Pada dasarnya, Perseroan tetap melanjutkan strategi-strategi           Basically, the Company would continue the strategies that have
yang terbukti efektif dan berhasil di 2022. Namun demikian, buat       proven effective and successful in 2022. However, for operational
kelangsungan operasional dan keberlanjutan usaha, strategi-            continuity and business sustainability, the best strategies must still
strategi terbaik tetap harus dielaborasi guna memperoleh               be elaborated to obtain more appropriate strategic policies.
kebijakan-kebijakan strategis yang lebih tepat.

Beberapa    langkah     strategis   tetap    dilanjutkan  guna         Several strategic measures were continued to maintain business
mempertahankan keberlanjutan usaha antara lain: tetap fokus            sustainability, among others: remain focused on developing and
mengembangkan dan mempertahankan segmen-segmen usaha                   maintaining business segments directly or through subsidiaries;
secara langsung maupun melalui Entitas Anak; berusaha untuk            strive to improve efficiency and capability in terms of the Company’s
meningkatkan efisiensi dan kapabilitas dalam hal operasional           operations; and improve or maintain existing markets and be more
Perseroan; dan meningkatkan ataupun mempertahankan pasar               proactive in seeking new project opportunities.
yang ada dan lebih proaktif dalam mencari peluang proyek baru.

Pada usaha perhotelan tetap melanjutkan pemasaran digital dan          In the hospitality business, we continued to optimize digital and
sosial media untuk lebih optimal disertai dengan penawaran tarif       social media marketing along with offering flexible hotel rates,
hotel yang fleksibel, menawarkan menu makanan yang lebih               offering more varied food menus from its restaurants, and more
bervariasi dari restoran-restorannya, dan lebih aktif berinteraksi     actively engaging with loyal customers to return to the facilities in
kepada pelanggan yang loyal untuk kembali dapat beraktivitas           the hotels.
pada fasilitas-fasilitas yang ada di hotel-hotel.

Pada sektor real estat, di operasional mal dan gedung perkantoran      In the real estate sector, malls and office buildings continued
tetap ditawarkan harga sewa yang kompetitif dan adaptif untuk          to offer competitive and adaptive rental prices to attract new
menarik calon tenant baru dan mempertahankan tenant yang ada           prospective tenants and retain existing tenants so as not to leave
agar tidak keluar dan tutup. Dan kepada pengunjung agar tetap          and close. And for visitors to remain and continue to be interested
dan terus tertarik untuk berkunjung, tetap dilakukan promosi           in visiting, promotions were still carried out to give prizes through
pemberian hadiah melalui undian kupon atas transaksi dalam             coupon draws for transactions of a certain amount.
jumlah tertentu.

Pada pengembangan dan pengelolaan kawasan adalah tetap fokus           In the area development and management, we focused on our own
pada pengembangan lahan yang telah dimiliki, terutama yang ada         land development, especially those in the SCBD area. One of the
di kawasan SCBD. Salah satu inisiatif strategis adalah pemanfaatan     strategic initiatives was the utilization of 5.8 ha of land in lots 6, 7
lahan seluas 5,8 ha di lot 6, 7 dan 8 untuk dijadikan area lifestyle   and 8 to become the SCBD Park lifestyle area, which is divided into
SCBD Park, yang terbagi dalam 6 (enam) area, yaitu urban zoo dan       6 (six) areas - the urban zoo and the hobbies in Lot 6, the square in
the hobbies di Lot 6, the square di Lot 7, dan the market dan the      Lot 7, and the market and the village in lot 8, where there is a mini
village di lot 8, di mana di dalamnya terdapat mini zoo yang dapat     zoo that families can visit with their children, restaurants, cafes and
dikunjungi keluarga bersama anak-anaknya, restoran, kafe dan           premium sports centers.
pusat olahraga premium.



28      Laporan Tahunan Terintegrasi 2023
Page 31
                                                                                             Integrating Excellence for Sustainability




SCBD Park akan menjadi destinasi baru bagi warga Jakarta,               SCBD Park will be a new destination for Jakartans, especially from




                                                                                                                                                  Prologue
terutama dari keluarga para karyawan yang berkantor di kawasan          the families of employees who work at offices in the SCBD area.




                                                                                                                                                   Prolog
SCBD. SCBD Park telah dibuka sejak 3 November 2023.                     SCBD Park has been open since November 3, 2023.

Kendala yang Dihadapi                                                   Facing Challenges
Hingga akhir 2023, prediksi pertumbuhan ekonomi global tidak            Until the end of 2023, the prediction of global economic growth




                                                                                                                                                  Performamnce Highlights
mengalami perubahan yang signifikan. Kontraksi pertumbuhannya           has not changed significantly. The contraction in growth was owing




                                                                                                                                                       Ikhtisar Kinerja
tidak terlepas dari dinamika perekonomian yang sudah terjadi            to the economic dynamics that have occurred since 2022 and are
sejak 2022 dan masih berlanjut, bahkan ditambah dengan yang             still continuing, even adding new ones. The conflict in the Middle
baru. Konflik di Timur Tengah yang terjadi setelah invasi Rusia ke      East following Russia’s invasion of Ukraine has contributed to the
Ukraina turut menyebabkan terjadinya kenaikan risiko geopolitik.        rise in geopolitical risks. The escalating conflict has resulted in a
Meningkatnya konflik berdampak pada lonjakan harga energi,              spike in energy prices, with wider implications for global activity
dengan implikasi yang lebih luas terhadap aktivitas global dan          and inflation. Other risks include financial stress associated with
inflasi. Risiko lainnya termasuk tekanan finansial terkait dengan       rising real interest rates, inflation, weaker-than-expected Chinese
kenaikan suku bunga riil, inflasi, pertumbuhan Tiongkok yang lebih      growth, further trade fragmentation and climate change-related




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
lemah dari perkiraan, fragmentasi perdagangan yang lebih lanjut         disasters.
dan bencana terkait perubahan iklim.

Sementara di sisi pertumbuhan ekonomi nasional di sepanjang             Meanwhile, national economic growth throughout 2023 was not
2023 tidak akseleratif, apabila dibanding dengan tahun                  accelerated, when compared to the previous year. Indonesia’s
sebelumnya. Ekonomi Indonesia sepanjang 2023 terimpak cukup             economy throughout 2023 was heavily impacted by the effects of
besar dengan efek ketidakpastian global. Pertumbuhan PDB hanya          global uncertainty. GDP growth was only able to be at the 5% level.
mampu berada di level 5%.




                                                                                                                                                  Profil Perusahaan
                                                                                                                                                   Company Profile
Ketegangan geopolitik, inflasi global, serta perlambatan ekonomi        Geopolitical tensions, global inflation, as well as the economic
negara maju dan strategis di Amerika Serikat dan Tiongkok telah         slowdown of developed and strategic economies in the United
mempengaruhi geliat perekonomian di Indonesia. Penyebab-                States and China have affected the economic stretch in Indonesia.
penyebab lainnya bisa dirinci dari pasar ekspor sebagai salah           Other causes can be detailed from the export market as one of
satu komponen utama pendorong PDB berada di zona merah.                 the main components driving GDP is in the red zone. Government
Belanja atau konsumsi pemerintah tercatat kurang signifikan             spending or consumption recorded a significant lack of additional
sebagai energi tambahan untuk membawa ekonomi lebih tinggi.             energy to carry the economy higher. Also the agricultural industry




                                                                                                                                                  Analisis dan Pembahasan Manajemen
Juga industri pertanian yang tertekan oleh El Nino menyebabkan          which was depressed by El Nino led to a limited contribution to




                                                                                                                                                   Management Discussion and Analysis
kontribusi yang terbatas pada PDB.                                      GDP.

Terkait dengan strategi dan kebijakan strategis yang akan               Regarding the strategic strategies and policies to be implemented
dilaksanakan oleh Perseroan, Direksi akan senantiasa                    by the Company, the Board of Directors would constantly monitor
memantaunya melalui rapat antara Direksi dengan direktorat-             them through meetings between the Board of Directors and the
direktorat dan entitas anak yang berada di bawahnya agar target-        directorates and subsidiaries under, allowing the established
target yang telah ditetapkan dapat tercapai di akhir tahun, sekaligus   targets to be achieved at the end of the year, while minimizing the
meminalisir dampak apabila terhambat dalam pelaksanaannya.              impact if it is hampered during implementation.

Prospek Keberlanjutan Usaha                                             Business Sustainability Prospects
Dalam memasuki tahun yang baru, Perseroan telah                         Entering the new year, the Company has taken into account the
memperhitungkan kemungkinan berbagai kondisi ketidakpastian             possibility of various microeconomic and operational uncertainties.
secara ekonomi mikro dan secara operasional.




                                                                                                                                                  Human Capital
Ekonomi Indonesia akan menghadapi sederet tantangan besar.              The Indonesian economy will face a series of major challenges. The




                                                                                                                                                  Human Capital
Kombinasi ketidakpastian pasar global hingga situasi panas politik      combination of global market uncertainty and domestic political
dalam negeri berpotensi mengancam pertumbuhan ekonomi                   heat could potentially threaten economic growth throughout 2024.
di sepanjang 2024. Namun, di tengah gejolak global yang                 However, amidst the global turmoil that is expected to continue, the
diperkirakan masih akan berlanjut, perekonomian Indonesia 2024          Indonesian economy in 2024 is considered to have the prospect of
dinilai memiliki prospek ketahanan dan kebangkitan.                     resilience and revival.

Di segmen usaha Perseroan, terutama di perhotelan, mal, gedung          In the Company’s business segments, especially in hotels, malls,
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




perkantoran dan apartemen dalam skala usaha Jakarta, masih              office buildings and apartments in Jakarta, there will still be
akan menghadapi kelebihan suplai, yang bertambah dengan                 oversupply, which will increase with projects completed and
proyek-proyek yang selesai dan yang akan beroperasi di 2024             coming on stream in 2024 and beyond.
dan seterusnya.

Geliat bisnis hotel di Jakarta sudah membaik pada 2023 di               The hotel business in Jakarta has improved in 2023 across various
berbagai kategori bintang. Pembangunan hotel terus berlanjut,           star categories. As hotel construction continues, there will be 6 (six)
akan ada 6 (enam) hotel baru dengan tambahan 1.354 kamar hotel          new hotels with an additional 1,354 hotel rooms comprising 27%
yang terdiri 27% bintang tiga, 48% bintang empat, 12% bintang lima      three-star, 48% four-star, 12% five-star and 14% luxury by 2024.
dan 14% luxury di 2024.
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




Penyerapan pasar apartemen di Jakarta mulai bergerak di                 The absorption of the apartment market in Jakarta began to
2023, terutama untuk segmen menengah ke atas, dan semakin               move in 2023, especially for the middle to upper segments, and
dilirik oleh generasi Z. Pembangunan apartemen terus bergulir,          increasingly looked at by generation Z. Apartment development
sebanyak 11 proyek apartemen baru: 9 (sembilan) proyek di luar          continues to roll out, with 11 new apartment projects: 9 (nine)
CBD dan 2 (dua) proyek di CBD, akan dapat dihuni sepanjang              projects outside CBD and 2 (two) projects in CBD, will be occupied
2024 dengan mengusung 5.582 unit apartemen. Kesebelas                   throughout 2024 with 5,582 apartment units. The eleven projects
proyek itu merupakan rangkaian 24 apartemen baru sepanjang              constitute a series of 24 new apartments over the span of 2024-
rentang 2024-2026 dengan 9.743 unit.                                    2026 with 9,743 units.


                                                                                                    2023 Integrated Annual Report          29
Page 32
PT Jakarta International Hotels & Development Tbk




Pasar perkantoran diprediksi masih akan tertekan dan diprediksi          The office market is predicted to remain depressed and is expected
baru mulai pulih pada 2026. Hingga akhir 2023, tingkat                   to recover by 2026. By the end of 2023, the vacancy rate of office
kekosongan ruang perkantoran di pusat kawasan bisnis (CBD)               space in Jakarta’s central business district (CBD) will reach 1.8
Jakarta mencapai 1,8 juta m2 atau 20% dari total pasokan 7,28            million sqm or 20% of the total supply of 7.28 million sqm. Office
juta m2. Permintaan akan kantor diperkirakan tetap relatif rendah        demand is expected to remain relatively low at least until the end
setidaknya hingga akhir 2023. Sebanyak 9 (sembilan) gedung baru          of 2023. A total of 9 (nine) new buildings will enter Jakarta during
akan masuk ke Jakarta sepanjang rentang 2023-2025, sehingga              2023-2025, thereby expecting the supply to increase by around
pasokan diperkirakan meningkat berkisar 2,0% hingga 2,5% setiap          2.0% to 2.5% annually during the period 2023-2025.
tahun selama periode 2023-2025.

Kinerja pusat perbelanjaan di wilayah Jabodetabek secara umum            The performance of shopping centers in the Greater Jakarta area
dinilai semakin pulih. Namun ketimpangan kinerja mal mencolok,           is generally considered to be recovering. However, the imbalance
sebagian semakin ditinggalkan, sementara sebagian lainnya                in mall performance is striking, some are increasingly abandoned,
normal kembali. Rerata tingkat okupansi berada di kisaran 74,2%          while others are normalizing. The average occupancy rate will
di akhir 2023. Akan tetapi penyerapan akan terus berlanjut seiring       be around 74.2% by the end of 2023. However, absorption will
dengan berjalannya tahap pemulihan pasar ritel. Di 2024, ada             continue as the recovery stage of the retail market progresses. In
3 (tiga) proyek mal dengan kapasitas 176.118 m2 siap beroperasi.         2024, there are 3 (three) mall projects with a capacity of 176,118
                                                                         sqm ready to operate.

Secara operasional Perseroan untuk tahun kerja 2024 akan                 Operationally, 2024 will remain a challenging year due to the
tetap merupakan tahun yang tidak mudah sehubungan dengan                 political year which may bring uncertainty to the economy and
tahun politik yang dapat menghadirkan ketidakpastian di                  business. We will continue to focus on developing our existing
perekonomian dan bisnis. Kami tetap akan memfokuskan diri pada           projects, while monitoring various business opportunities.
pengembangan proyek-proyek yang ada, dengan tetap memantau
berbagai peluang bisnis.

Di samping mengelola usaha-usaha yang ada selama ini, Perseroan          In addition to managing its existing businesses, the Company will
akan meneruskan pengembangan proyek perumahan Blochaus                   continue the development of the Blochaus residential project in
di Pondok Cabe yang telah melakukan peletakan batu pertama               Pondok Cabe which had its groundbreaking on February 23, 2023
pada 23 Februari 2023 dan menyelesaikan pengembangan SCBD                and complete the development of SCBD Park in Lot 6, 7 and 8
Park di Lot 6, 7 dan 8 SCBD yang telah dibuka untuk umum sejak           SCBD which has been open to the public since November 3, 2023.
3 November 2023.

Penerapan Tata Kelola Perusahaan                                         Implementation of Corporate Governance
Praktik-praktik Tata Kelola Perusahaan yang Baik (Good Corporate         Good Corporate Governance (GCG) practices continue to
Governance - GCG) terus dijelajahi untuk menjadi panduan terbaik         be explored to become the best guide for the preparation,
buat penyusunan, penerapan dan pelaksanaannya di lingkup                 implementation and execution within the Company. Internalization
Perseroan. Program Internalisasi dan sosialisasi dilakukan secara        and socialization programs are routinely conducted to continue to
rutin untuk dapat terus meningkatkan kesadaran pentingnya GCG            raise awareness of the importance of GCG in the entire scope and
dalam seluruh lingkup dan segala aktivitas Perseroan.                    all activities of the Company.

Komitmen penerapan GCG telah dilaksanakan berdasarkan prinsip            The commitment to implement GCG has been implemented based
korporasi yang profesional, rasional dan terukur pada hasil dan          on professional, rational and measurable corporate principles on
pertanggungjawabannya. Dimulai dari pemenuhan peraturan                  results and accountability. Starting from the fulfillment of applicable
dan perundang-undangan yang berlaku, menyusun perangkat                  laws and regulations, preparing policy tools, the establishment
kebijakan, pembentukan organ-organ GCG (dengan kejelasan                 of GCG organs (with clarity of functions, rights, obligations,
fungsi, hak, kewajiban, wewenang, dan pertanggungjawaban                 authority, and accountability to serve professionally), managing
untuk bertugas secara profesional), pengelolaan hubungan kerja           working relationships between GCG organs as contained in work
antara organ GCG yang tertuang dalam prosedur kerja, hingga              procedures, to internalization and evaluation of accuracy in its
internalisasi dan evaluasi ketepatan dalam penerapannya.                 application.

Pengelolaan perusahaan dengan penerapan GCG dengan benar                 Company management with proper GCG implementation is
diyakini dapat meningkatkan nilai perusahaan di mata pemangku            believed to increase company value in the eyes of stakeholders.
kepentingan. Perusahaan yang terbukti menerapkan GCG                     Companies that are proven to implement GCG correctly are more
dengan benar lebih dipercaya oleh investor dalam menanamkan              trusted by investors in making their investments. This is an absolute
investasinya. Ini merupakan kemutlakan yang harus diupayakan             that must be pursued to be sustainable.
untuk dapat terus berkelanjutan.

Perbaikan kualitas penerapan GCG di Perseroan kembali                    Again, the quality of GCG implementation in the Company has
dilakukan. Di akhir 2023, telah ditetapkan penyempurnaan Kode            improved. By the end of 2023, the Company’s Code of Conduct
Etik Perseroan, dan melengkapi visi dan misi perusahaan dengan           has been updated, and the vision and mission of the Company
nilai budaya perusahaan yang terakumulasi dalam “THRIVE,”                has been complemented with the values of the Company’s
yang berisi nilai-nilai yang terdiri dari Transform, Helpful, Respect,   corporate culture, which is accumulated in “THRIVE,” containing
Innovative, Value, dan Excellence. Keberadaan Budaya Perusahaan          the values of Transform, Helpful, Respect, Innovative, Value, and
ini diharapkan dapat menciptakan hubungan yang harmonis dan              Excellence. The existence of this Corporate Culture is expected to
kerja sama yang baik antar personel, sehingga pada akhirnya              create harmonious relationships and good cooperation between
dapat meningkatkan produktivitas dan motivasi kerja di Perseroan.        personnel, which in turn can increase productivity and work
                                                                         motivation in the Company.

Selain itu tengah diselesaikan penyusunan kebijakan antikorupsi,         In addition, the preparation of an anti-corruption policy is being
yang merupakan elaborasi lebih lanjut dari nilai-nilai anti korupsi      finalized, which is a further elaboration of the anti-corruption
yang sebagian telah tercantum dalam Kode Etik Perseroan.                 values, some of which have been included in the Company’s Code
                                                                         of Conduct.


30      Laporan Tahunan Terintegrasi 2023
Page 33
                                                                                              Integrating Excellence for Sustainability




Di sepanjang 2023, setiap organ tata Kelola Perseroan telah              Throughout 2023, each organ of the Company’s governance has




                                                                                                                                                  Prologue
menjalankan tugas dan fungsinya sesuai dengan prinsip-prinsip            carried out its duties and functions in accordance with the principles




                                                                                                                                                   Prolog
GCG, patuh pada ketentuan yang berlaku dan keberlanjutan, baik           of GCG, compliance with applicable regulations and sustainability,
dalam kegiatan operasional, proses bisnis internal, maupun yang          both in operating activities, internal business processes, and those
terkait dengan pihak ketiga.                                             related to third parties.




                                                                                                                                                  Performamnce Highlights
                                                                                                                                                       Ikhtisar Kinerja
Pencapaian Target Berkelanjutan                                          Sustainable Target Achievement
Pertumbuhan usaha yang berkelanjutan dimaknai sebagai                    Sustainable business growth is defined as the realization of value-
perwujudan pertumbuhan usaha yang bernilai tambah bagi seluruh           added business growth for all stakeholders, without compromising
pemangku kepentingan, tanpa mengorbankan aspek sosial dan                social and environmental aspects, for the present and the future.
lingkungan, untuk masa sekarang hingga yang akan datang. Ada             There are tangible benefits from the existence of the Company
kemanfaatan yang nyata dari keberadaan Perseroan bersama                 and its Subsidiaries for stakeholders. In this case, it can be in the
Entitas Anak bagi pemangku kepentingan. Dalam hal ini, bisa              form of: continuous improvement of the economic welfare of the
berupa: peningkatan kesejahteraan ekonomi masyarakat secara              community, sustainability of community social life, and maintaining




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
berkesinambungan, keberlanjutan kehidupan sosial masyarakat,             environmental quality.
serta menjaga kualitas lingkungan hidup.

Perseroan berkomitmen melaksanakan pemenuhan kinerja                     The Company is committed to implementing the fulfilment of
keberlanjutan dalam setiap aspek kegiatan operasional sebagai            sustainability performance in every aspect of operational activities
upaya mewujudkan tujuan pembangunan berkelanjutan                        as an effort to realize Sustainable Development Goals, where the
(Sustainable Development Goals), di mana nilai tambah                    added value of benefits can be felt by all stakeholders. In realizing
kemanfaatannya dapat dirasakan oleh seluruh pemangku                     this goal, the Company seeks to optimize added value for internal




                                                                                                                                                  Profil Perusahaan
kepentingan. Dalam mewujudkan tujuan tersebut, Perseroan                 and external stakeholders, in every business activity carried out




                                                                                                                                                   Company Profile
berupaya mengoptimalkan nilai tambah bagi internal maupun                along its business chain.
eksternal, dalam setiap kegiatan usaha yang dijalankan di
sepanjang mata rantai bisnisnya.

Sebagai upaya untuk mewujudkan tujuan pembangunan                        As an effort to realize the goal of sustainable development, the
berkelanjutan, Perseroan berupaya untuk memastikan kegiatan              Company strives to ensure that its operating activities do not
operasional perusahaan tidak menyebabkan dampak negatif                  cause negative impacts on stakeholders. The Company identifies,




                                                                                                                                                  Analisis dan Pembahasan Manajemen
bagi pemangku kepentingan. Perseroan melakukan identifikasi,             measures, monitors, and controls each risk and its indications




                                                                                                                                                   Management Discussion and Analysis
mengukur, memantau, dan mengendalikan setiap risiko beserta              related to relevant sustainability aspects, and prepares various
indikasinya terkait aspek keberlanjutan yang relevan, serta              mitigation efforts to anticipate the risks that arise.
menyiapkan berbagai upaya mitigasi guna mengantisipasi risiko
yang timbul.

Sebagai bagian dari komitmen terhadap lingkungan dan ancaman             As part of the commitment to the environment and the threat
perubahan iklim adalah penggunaan material yang sesuai standar           of climate change is the use of materials that comply with
ramah lingkungan pada pembangunan gedung-gedung baru                     environmentally friendly standards in the construction of new
terutama yang berada di kawasan SCBD yang dikelola oleh Entitas          buildings, especially those in the SCBD area managed by
Anak PT Danayasa Arthatama.                                              subsidiary PT Danayasa Arthatama.

Dan masih berhubungan dengan lingkungan, dalam mewujudkan                And still related to the environment, in realizing clean energy,
energi bersih, di kawasan SCBD telah disediakan stasiun pengisian        public electric vehicle charging stations have been provided in
kendaraan listrik umum (electric vehicle charging). Dari sisi internal   the SCBD area. From the internal side of the Company and its




                                                                                                                                                  Human Capital
Perseroan dan Entitas Anak, sebagai bentuk partisipasi mengurangi        subsidiaries, as a form of participation in reducing pollution and




                                                                                                                                                  Human Capital
polusi dan mendukung tercapainya net zero emission, di jajaran           supporting the achievement of net zero emission, the Board of
Direksi dan Dewan Komisaris telah dihimbau untuk menggunakan             Directors and Board of Commissioners have been encouraged to
mobil listrik sebagai kendaraan operasional.                             use electric cars as operational vehicles.

Sebagai bagian mewujudkan tujuan pembangunan berkelanjutan               As part of realizing sustainable development goals in terms of
dalam hal Sumber Daya Manusia (SDM), Perseroan menjalankan               Human Resources (HR), the Company implements HR management
prinsip dan praktik pengelolaan SDM yang adil dan etis,                  principles and practices that are fair and ethical, responsible for
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




bertanggung jawab terhadap kelestarian lingkungan hidup,                 environmental sustainability, spread benefits to the community,
menebarkan manfaat bagi masyarakat, menjaga loyalitas dan                maintain loyalty, and provide excellent service to customers, and
memberikan layanan prima kepada pelanggan, serta memelihara              maintain shareholder trust.
kepercayaan pemegang saham.

Dalam pengembangan kualitas SDM, Perseroan memfasilitasi                 In developing the quality of human resources, the Company
pelatihan terpusat, dan menganjurkan kepada Entitas Anak                 facilitates centralized training, and encourages its subsidiaries
melengkapi dengan pelatihan mandiri. Selain ini terdapat                 to complement this with independent training. In addition to this,
program kaderisasi karyawan yang memberikan pendampingan                 there is an employee regeneration program that provides learning
pembelajaran dalam segala hal yang berkaitan dengan operasional          assistance in all matters relating to operational management,
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




pengelolaan, sehingga nantinya siap melanjutkan kepengurusan             allowing them to be ready to continue management in the future.
dan pengelolaan di masa depan.

Perseroan juga melaksanakan kegiatan tanggung jawab sosial               The Company also carries out social and environmental
dan lingkungan dalam program yang disebut dengan Corporate               responsibility activities in a program called Corporate Social Safety
Social Safety Responsibility (CSSR) sebagai upaya mencapai               Responsibility (CSSR) as an effort to achieve sustainability targets
target keberlanjutan di bidang sosial. Pelaksanaan CSSR dilakukan        in the social sector. The implementation of CSSR is carried out
secara berkesinambungan kepada masyarakat terutama yang                  on an ongoing basis to the community, especially those in the
berada di lingkungan sekitar wilayah operasional Perseroan.              neighborhood of the Company’s operational areas.


                                                                                                     2023 Integrated Annual Report          31
Page 34
PT Jakarta International Hotels & Development Tbk




Komposisi Direksi                                                           Composition of the Board of Directors
Susunan anggota Direksi Perseroan per 31 Desember 2023                      The composition of the Company’s Board of Directors as of
berjumlah 6 (enam) orang, yang terdiri dari 1 (satu) orang Presiden         December 31, 2023 was 6 (six) members, consisting of 1 (one)
Direktur dan 5 (lima) orang Direktur.                                       President Director and 5 (five) Directors.

Santoso Gunara diangkat sebagai Presiden Direktur menggantikan              Santoso Gunara was appointed as President Director replacing
Arpin Wiradisastra berdasarkan RUPST Tahun Buku 2022 tanggal                Arpin Wiradisastra based on the AGMS for Financial Year 2022
27 Juni 2023. Sedangkan susunan anggota Direksi lainnya                     dated June 27, 2023. While the composition of the other members
ditetapkan dalam RUPSLB tanggal 23 Februari 2021, dan kembali               of the Board of Directors was determined in the EGMS on February
ditegaskan dalam RUPST Tahun Buku 2021 tanggal 25 Juli 2022.                23, 2021 and reaffirmed in the AGMS for the Financial Year 2021
                                                                            on July 25, 2022.

Dengan demikian, susunan Direksi per 31 Desember 2023 adalah                Thus, the composition of the Board of Directors as of December 31,
sebagai berikut:                                                            2023 was as follows:


 Direksi                                                         Nama | Name                                                  Board of Directors
Presiden Direktur                    Santoso Gunara                                                                            President Director
Direktur                             Lanny Pujilestari Liga                                                                              Director
                                     Agung Rin Prabowo
                                     Hendi Lukman
                                     Tony Soesanto
                                     Hendra Kurniawan


Penutup                                                                     Closing
Menutup laporan ini, jajaran Direksi ingin menyampaikan                     To conclude this report, the Board of Directors would like to express
terima kasih kepada seluruh pihak yang telah mendukung dan                  its gratitude to all parties who have supported and contributed their
memberikan kontribusi yang terbaik. Kepada para pemegang                    best. To the shareholders and stakeholders, the Board of Directors
saham dan pemangku kepentingan, Direksi mengucapkan terima                  would like to thank you for the support and trust that has been
kasih atas dukungan dan kepercayaan yang telah diberikan                    given so that the management of the Company’s business can run
sehingga pengelolaan bisnis Perseroan dapat berjalan baik.                  well. Thank you to regulators, customers, suppliers, and business
Terima kasih kepada regulator, pelanggan, pemasok, dan mitra                partners, for the cooperation that has been fostered.
usaha, atas kerjasama yang telah terbina.

Direksi mengucapkan terima kasih kepada Dewan Komisaris                     The Board of Directors would like to thank the Board of
atas pengawasan, dan pemberian arahan, nasihat, saran dan                   Commissioners for their supervision, and for providing direction,
rekomendasi, sehingga pengurusan dan pengelolaan Perseroan                  advice, suggestions, and recommendations, allowing the
bisa berjalan efektif dan tepat sasaran. Direksi juga mengucapkan           management of the Company to run effectively and on target. The
terima kasih dan memberikan apresiasi kepada seluruh personel               Board of Directors also expresses its gratitude and appreciation to
Perseroan, atas loyalitas dan dedikasinya yang tinggi, serta atas           all personnel of the Company, for their loyalty and dedication, as
kerja keras dan kerja cerdas yang telah ditunjukkan untuk maju              well as for the hard work and smart work that have been shown
bersama sesuai harapan pemegang saham.                                      to move forward together under the expectations of shareholders.

Direksi berkomitmen untuk tetap mempertahankan posisi                       The Board of Directors is committed to maintaining the Company’s
Perseroan sebagai pengembang dan pengelola properti                         position as a leading property developer and managament in
terkemuka di Indonesia. Dengan dukungan, kerjasama, dan                     Indonesia. With the support, cooperation, and trust received,
kepercayaan yang diterima, Perseroan optimis akan mampu                     the Company is optimistic that it will be able to present better
mempersembahkan pencapaian yang lebih baik, sesuai dengan                   achievements, in accordance with the expectations of shareholders
harapan para pemegang saham dan pemangku kepentingan                        and other stakeholders.
lainnya.



                                                              Jakarta, 26 April 2024
                                                              Jakarta, April 26, 2024

                                                             Atas nama Direksi,
                                                      On behalf of the Board of Directors,




                                                                 Santoso Gunara
                                                                Presiden Direktur
                                                                President Director




32         Laporan Tahunan Terintegrasi 2023
Page 35
                                             Prolog         Ikhtisar Kinerja     Laporan Manajemen   Profil Perusahaan   Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan




                                                                                                                                                                                                                                 33
                                            Prologue   Performamnce Highlights   Management Report    Company Profile     Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                        2023 Integrated
                                                                                                                                                                                                                                 2023 Integrated        Annual Report
                                                                                                                                                                                                                                                 Annual Report    33
Page 36
PT Jakarta International Hotels & Development Tbk




                                      Halaman ini sengaja dikosongkan
                                      This page is intentionally left blank




34    Laporan Tahunan Terintegrasi 2023
Page 37
                                             Prolog         Ikhtisar Kinerja     Laporan Manajemen   Profil Perusahaan                          Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan
                                            Prologue   Performamnce Highlights   Management Report    Company Profile                            Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                                        35
                                                                                                                                                                                                                                                        2023 Integrated Annual Report
                                                                                                                     This page is intentionally left blank
                                                                                                                     Halaman ini sengaja dikosongkan
Page 38
PT Jakarta International Hotels & Development Tbk




36    Laporan Tahunan Terintegrasi 2023
Page 39
                                        Integrating Excellence for Sustainability



        Profil Perusahaan
                                   Company Profile




                                                                                       Prologue
                                                                                        Prolog
                                                                                       Performamnce Highlights
                                                                                            Ikhtisar Kinerja
Data Perusahaan                    36      Perubahan Organisasi yang Bersifat     52
Corporate Data                             Signifikan
Skala Usaha                        37      Significant Organizational Changes
Business Scale                             Struktur Organisasi                    53




                                                                                       Laporan Manajemen
                                                                                       Management Report
Riwayat Singkat Perseroan          37      Organizational Structure
Brief History of the Company               Profil Dewan Komisaris                 54
Keterangan Perubahan Nama          38      Profile of the Board of
Description of Name Change                 Commissioners

Sekilas Perseroan                  40      Profil Direksi                         59
Company at a Glance                        Profile of the Board of Directors

Kegiatan dan Bidang Usaha          41      Struktur Grup                          65
                                           Group Structure




                                                                                       Profil Perusahaan
Activities and Lines of Business




                                                                                        Company Profile
Wilayah Operasional                43      Daftar Entitas Anak dan Asosiasi       66
Operational Areas                          Subsidiaries and Associate Entities

Operasional Bidang Usaha           44      Kepemilikan Saham Perseroan            67
Operational Line of Business               Share Ownership of the Company

Pedoman Pengembangan Lot SCBD      46      Kronologis Penerbitan dan              69
SCBD Lot Development Guidelines            Pencatatan Saham
                                           Chronology of Issuance and Listing




                                                                                       Analisis dan Pembahasan Manajemen
                                                                                        Management Discussion and Analysis
Jejak Langkah                      48      of Shares
Milestones
                                           Lembaga dan Profesi Penunjang          70
Visi dan Misi                      50      Pasar Modal
Vision and Mission                         Capital Market Supporting
Budaya Perusahaan                  51      Institutions and Professionals
Company Culture                            Demografi Karyawan                     71
Keanggotaan pada Asosiasi          52      Employee Demograpy
Membership in Associations                 Informasi Pada Situs Web               72
                                           Perusahaan
                                           Company Website Information




                                                                                       Human Capital
                                                                                       Human Capital
                                                                                       Tata Kelola Perusahaan
                                                                                        Corporate Governance
                                                                                       Laporan Keberlanjutan
                                                                                        Sustainability Report




                                              2023 Integrated Annual Report      37
Hotel Borobudur Jakarta
Page 40
PT Jakarta International Hotels & Development Tbk




Data Perusahaan [OJK C.2]
Corporate Data



Nama Perusahaan [GRI 2-1]           Tanggal Pendirian                    Status Perusahaan                      Bentuk Badan Hukum [GRI 2-1]
Company Name                        Date of Establishment                Company Status                         Legal Entity

PT Jakarta International Hotels     7 November 1969                      Perusahaan Terbuka                     Perseroan Terbatas
& Development Tbk                                                        Public Company                         Limited Liability Company




Bidang Usaha [GRI 2-6]         Sektor                       Sub Sektor                 Modal Dasar                      Modal Ditempatkan
Line of Business               Sector                       Sub Sector                 Authorized Capital               dan Disetor
                                                                                                                        Issued and Fully Paid-up
Perhotelan, Pariwisata,        Perdagangan,                 Restoran, Hotel, dan       Rp1.500.000.000.000              Capital
Real Estat dan Konstruksi      Pelayanan,                   Pariwisata
Hotel, Tourism, Real           dan Investasi                Restaurant, Hotel, and                                      Rp1.164.520.241.000
Estate, and Construction       Trade, Services, and         Tourism
                               Investment




Kepemilikan Saham [GRI 2-1]                                                            Dasar Hukum Pendirian
Share Ownership                                                                        Legal Basis of Incorporation

                                                                                       • Akta Pendirian No. 5 tanggal 7 November
 33,70%                                                                  40,03%          1969 yang dibuat di hadapan Soetrono
 Publik/Public                                              PT Kresna Aji Sembada        Prawiroatmodjo, S.H., Notaris di Jakarta;
                                                                                       • Akta Perubahan Anggaran Dasar Terakhir
                                                                                         No. 25 tanggal 20 Juli 2023 yang dibuat di
                                                                                         hadapan Mochamad Nova Faisal, S.H., M.Kn.,
 6,05%                                                                                   Notaris di Jakarta.
 Sukardi Tandijono Tang                                                                • Deed of Establishment No. 5 dated 7 November
                                                                                         1969 signed before Soetrono Prawiroatmodjo,
                                                                                         S.H., Notary in Jakarta.
                                                                                       • Last Amendment to Articles of Association No. 25
 13,15%                                                                    7,07%         dated July 20, 2023, signed before Mochamad
 Tomy Winata                                   PT Catur Kusuma Abadi Sejahtera           Nova Faisal, S.H., M.Kn., Notary in Jakarta.




Pencatatan Saham              Bursa                         Kode Saham                 Kantor Pusat [GRI 2-1]
Share Listing                 Stock Exchange                Stock Code                 Head Office

29 Februari 1984              Bursa Efek Indonesia          JIHD                       Gedung Artha Graha Lt. 15/15th Floor
29 February 1984              Indonesia Stock                                          Jl. Jend. Sudirman Kav. 52-53
                              Exchange                                                 Sudirman Central Business District, Jakarta 12190
                                                                                            +62 (21) 515 2555
                                                                                            +62 (21) 515 2526
                                                                                            corporatesecretary@jihd.co.id
                                                                                            www.jihd.co.id




38     Laporan Tahunan Terintegrasi 2023
Page 41
                                                                                                 Integrating Excellence for Sustainability




Skala Usaha [OJK C.3] [GRI 2-6]




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
Business Scale




                                                                                                                                                  Performamnce Highlights
           Keterangan              Satuan         2023             2022             2021            Unit                Description




                                                                                                                                                       Ikhtisar Kinerja
 Jumlah Aset                      Rp Juta       6.529.925          6.578.828      6.609.371      Million Rp                      Total Assets

 Jumlah Liabilitas                Rp Juta        1.803.561         1.852.973       1.836.110     Million Rp                   Total Liabilities

 Ekuitas                          Rp Juta       4.726.364          4.725.855       4.773.261     Million Rp                      Total Equity

 Pendapatan                       Rp Juta        1.465.918         1.266.978       902.939       Million Rp                        Revenues




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
 Jumlah Karyawan                   Orang             2.615              2.571          2.324      People                    Total Employees

 Pemegang Saham                    Pihak             1.035              1.065              866    Parties                      Shareholders




Riwayat Singkat Perseroan




                                                                                                                                                  Profil Perusahaan
Brief History of the Company




                                                                                                                                                   Company Profile
Kronologis Perubahan Anggaran Dasar                                        Chronology of Changes to Articles of Association
Legal bisnis PT Jakarta International Hotels & Development Tbk             Legal business of PT Jakarta International Hotels & Development
(selanjutnya disebut Perseroan) bermula sebagai perusahaan                 Tbk (hereinafter referred to as the Company) began as a Foreign




                                                                                                                                                  Analisis dan Pembahasan Manajemen
Penanaman Modal Asing (PMA). Didirikan dengan Akta Pendirian               Investment (PMA) company through Deed of Establishment




                                                                                                                                                   Management Discussion and Analysis
No. 5 tanggal 7 November 1969 dari Soetrono Prawiroatmodjo,                No. 5 dated November 7, 1969 from Soetrono Prawiroatmodjo,
S.H., Notaris di Jakarta. Akta Pendirian tersebut telah disahkan           S.H., a Notary in Jakarta. The Deed of Establishment was approved
oleh Menteri Kehakiman Republik Indonesia (sekarang Menteri                by Minister of Justice of the Republic of Indonesia (now Minister of
Hukum dan Hak Asasi Manusia) dengan surat keputusan                        Justice and Human Rights) by decree No. J.A. 5/23/2 dated March
No. J.A. 5/23/2 tanggal 3 Maret 1970 dan diumumkan dalam Berita            3, 1970 and announced in the State Gazette of the Republic of
Negara Republik Indonesia No. 54 tanggal 7 Juli 1970, Tambahan             Indonesia No. 54 dated July 7, 1970, Supplement to State Gazette
Berita Negara No. 214/1970.                                                No. 214/1970.

Perseroan telah melakukan perubahan Anggaran Dasar                         The Company has amended its Articles of Association to adapt
menyesuaikan dengan dinamika ketentuan dari peraturan                      with the dynamics of the prevailing laws and regulations.
perundang-undangan yang berlaku.




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




                           Peresmian Hotel Borobudur Jakarta oleh Presiden Soeharto
                           Inauguration of Borobudur Hotel Jakarta by President Soeharto




                                                                                                       2023 Integrated Annual Report         39
Page 42
PT Jakarta International Hotels & Development Tbk




Akta No. 42 Tanggal 27 Januari 1970                                    Deed No. 42 dated January 27, 1970
Notaris Soetrono Prawiroatmodjo, S.H., untuk perubahan          1970   Notary Soetrono Prawiroatmodjo, S.H., for the amendment of the
anggaran dasar.                                                        articles of association.


Akta No. 41 tanggal 8 Juni 1973                                        Deed No. 41 dated June 8, 1973
Notaris Abdul Latief, untuk perubahan nama dari semula PT              Notary Abdul Latief, for the change of name from PT Djakarta
Djakarta International Hotel menjadi PT Jakarta International          International Hotel to PT Jakarta International Hotel, and the
Hotel, dan peningkatan modal dasar menjadi Rp2 miliar.          1973   increase of authorized capital to Rp2 billion.
Akta No. 40 tanggal 6 September 1973                                   Deed No. 40 dated September 6, 1973
Notaris Abdul Latief, untuk perubahan anggaran dasar.                  Notary Abdul Latief, for the amendment of the articles of
                                                                       association.


Akta No. 129 tanggal 23 Desember 1983                                  Deed No. 129 dated December 23, 1983
Notaris Abdul Latief, dalam rangka Penawaran Umum Saham         1983   Notary Abdul Latief, for the Initial Public Offering of Shares to
kepada masyarakat.                                                     the public.


Akta No. 79 tanggal 27 Juli 1989                                       Deed No. 79 dated July 27, 1989
Notaris Abdul Latief, untuk perubahan dan penyusunan            1989   Notary Abdul Latief, for the change and the rearrangement of
kembali pasal-pasal dalam anggaran dasar.                              articles in the articles of association


Akta No. 45 tanggal 16 Mei 1991                                        Deed No. 45 dated May 16, 1991
Notaris Abdul Latief, untuk perubahan nama dari PT Jakarta             Notary Abdul Latief, for the change of name from PT Jakarta
International Hotel menjadi PT Jakarta International Hotels &   1991   International Hotel to PT Jakarta International Hotels &
Development, dan peningkatan modal dasar menjadi Rp150                 Development, and the increase of authorized capital to Rp150
miliar.                                                                billion.


Akta No. 25 tanggal 4 November 1993                                    Deed No. 25 dated November 4, 1993
Notaris Abdul Latief, perihal kenaikan        modal     dasar   1993   Notary Abdul Latief, regarding the increase in the authorized
Perusahaan Induk.                                                      capital of the Holding Company.


Akta No. 36 tanggal 13 Oktober 1994                                    Deed No. 36 dated October 13, 1994
Notaris Lindasari Bachroem, S.H., untuk perubahan ruang         1994   Notary Lindasari Bachroem, S.H., for changes in the scope of
lingkup kegiatan usaha dan kepengurusan Induk Perusahaan.              business activities and management of the Holding Company.


Akta No. 45 tanggal 19 Agustus 1996                                    Deed No. 45 dated August 19, 1996
Notaris Imas Fatimah, S.H., dalam rangka memenuhi                      Notary Imas Fatimah, S.H., to comply with the provisions of
ketentuan Undang-Undang No. 8 Tahun 1995 tentang Pasar          1996   Law No. 8 of 1995 concerning Capital Markets.
Modal.


Akta No. 64 tanggal 30 Juli 1997                                       Deed No. 64 dated July 30, 1997
Ida Fidiyantri, S.H., Notaris pengganti Imas Fatimah, S.H.,     1997   Ida Fidiyantri, S.H., substitute Notary of Imas Fatimah, S.H., to
dalam rangka memenuhi ketentuan Peraturan Pasar Modal.                 comply with the provisions of the Capital Market Regulations.


Akta No. 29 tanggal 24 Juni 1999                                       Deed No. 29 dated June 24, 1999
Notaris Fathiah Helmi, S.H., untuk perubahan nama Hotel                Notary Fathiah Helmi, S.H., for the change of name of Hotel
Borobudur Inter-Continental menjadi Hotel Borobudur             1999   Borobudur Inter-Continental to Hotel Borobudur Jakarta and
Jakarta dan dikelola oleh Entitas Anak, PT Dharma Harapan              managed by its subsidiary, PT Dharma Harapan Raya.
Raya.


Akta No. 68 tanggal 24 Juni 2002                                       Deed No. 68 dated June 24, 2002
Notaris Fathiah Helmi, S.H., untuk perubahan nilai nominal      2002   Notary Fathiah Helmi, S.H., to change the nominal value of
saham Perseroan (Stock Split) dari Rp1.000,- menjadi Rp500,-           the Company’s (Stock Split) shares from Rp1,000 to Rp500.


Akta No. 108 tanggal 27 Juni 2008                                      Deed No. 108 dated June 27, 2008
Notaris Fathiah Helmi, S.H., sehubungan dengan penyesuaian             Notary Fathiah Helmi, S.H., in connection with the amendment
Anggaran Dasar Perseroan terhadap Undang-Undang No. 40          2008   of the Company’s Articles of Association to comply with the
Tahun 2007 tentang Perseroan Terbatas.                                 Law No. 40 of 2007 concerning Limited Liability Companies.


Akta No. 71 tanggal 27 Juli 2015                                       Deed No. 71 dated July 27, 2015
Notaris Mochamad Nova Faisal, S.H., M.Kn., untuk                       Notary Mochamad Nova Faisal, S.H., M.Kn., to change the
mengubah maksud dan tujuan serta kegiatan usaha, dan            2015   purpose and objectives and business activities, as well
juga penyesuaian untuk memenuhi ketentuan POJK No. 32/                 as adjustments to fulfill the provisions of POJK No. 32/
POJK.04/2014 dan POJK No. 33/POJK.04/2014.                             POJK.04/2014 and POJK No. 33/POJK.04/2014.

40     Laporan Tahunan Terintegrasi 2023
Page 43
                                                                                       Integrating Excellence for Sustainability




                                                                                                                                         Prologue
                                                                                                                                          Prolog
Akta No. 57 tanggal 28 Juni 2019                                       Deed No. 57 dated June 28, 2019
Notaris Mochamad Nova Faisal, S.H., M.Kn., untuk                       Notary Mochamad Nova Faisal, S.H., M.Kn., for the amendment
penyesuaian Pasal 3 Anggaran Dasar Perseroan perihal          2019     of Article 3 of the Company’s Articles of Association regarding
maksud dan tujuan.                                                     the purpose and objectives.




                                                                                                                                         Performamnce Highlights
                                                                                                                                              Ikhtisar Kinerja
Akta No. 14 tanggal 28 Januari 2021                                    Deed No. 14 dated January 28, 2021
Notaris Mochamad Nova Faisal, S.H., M.Kn., untuk                       Notary Mochamad Nova Faisal, S.H., M.Kn., for the amendment
pengubahan beberapa Pasal Anggaran Dasar Perseroan            2021     of several Articles of Association of the Company in order
dalam rangka penyesuaian dan pemenuhan POJK No. 15/                    to adjust and fulfill POJK No. 15/POJK.04/2020 and POJK
POJK.04/2020 dan POJK No. 16/POJK.04/2020.                             No. 16/POJK.04/2020.


Akta No. 05 tanggal 23 Agustus 2022                                    Deed No. 05 dated August 23, 2022




                                                                                                                                         Laporan Manajemen
                                                                                                                                         Management Report
Notaris Mochamad Nova Faisal, S.H., M.Kn., untuk mengubah              Notary Mochamad Nova Faisal, S.H., M.Kn., to amend Article 3
Pasal 3 Anggaran Dasar Perseroan dalam rangka penyesuaian     2022     of the Company’s Articles of Association in order to adjust and
dan pemenuhan tentang Klasifikasi Baku Lapangan Usaha                  fulfill the Indonesian Standard Business Field Classification
Indonesia 2020 (KLBI 2020).                                            2020 (KLBI 2020).


Akta No. 25 tanggal 20 Juli 2023                                       Deed No. 25 dated July 20, 2023
Notaris Mochamad Nova Faisal, S.H., M.Kn., untuk mengubah              Notary Mochamad Nova Faisal, S.H., M.Kn., to amend the




                                                                                                                                         Profil Perusahaan
Pasal 3 dalam rangka penyesuaian dengan Peraturan                      Article 3 in order to comply with the Central Bureau of




                                                                                                                                          Company Profile
Badan Pusat Statistik No. 2 Tahun 2020 tentang Klasifikasi             Statistics Regulation No. 2 Year 2020 concerning the Standard
Baku Lapangan Usaha Indonesia (KBLI), Pasal 25 ayat 11                 Classification of Indonesian Business Field (KBLI), Article 25
dalam rangka penyesuaian dengan Peraturan Otoritas Jasa       2023     paragraph 11 in order to comply with the Financial Services
Keuangan No. 14/POJK.04/2022 tentang Penyampaian                       Authority Regulation No. 14/POJK.04/2022 concerning the
Laporan Keuangan Berkala Emiten atau Perusahaan Publik,                Submission of Periodic Financial Statements of Issuers or
dan penyesuaian dengan Peraturan Otoritas Jasa Keuangan                Public Companies, and the adjustments to Financial Services
No. 31/POJK.04/2015 tentang Keterbukaan Atas Informasi                 Authority No. 31/POJK.04/2015 concerning the Disclosure of
atau Fakta Material oleh Emiten atau Perusahaan Publik.




                                                                                                                                         Analisis dan Pembahasan Manajemen
                                                                       Material Information or Facts by Issuers or Public Companies.




                                                                                                                                          Management Discussion and Analysis
Keterangan Perubahan Nama
Information on Change of Name




                                                                                                                                         Human Capital
                                                                                                                                         Human Capital
                        PT Djakarta            PT Jakarta             PT Jakarta             PT Jakarta
                       International          International          International          International
                           Hotel                  Hotel                Hotels &               Hotels &
                                                                     Development            Development
                                                                                                 Tbk
                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                          Corporate Governance




                          1969                   1973                  1991                     1996



Berawal dari PT Djakarta International Hotel, nama Perseroan     Started from PT Djakarta International Hotel, the Company’s name
berubah menjadi PT Jakarta International Hotels & Development    changed into PT Jakarta International Hotels & Development in
di 1991 mengadopsi perluasan segmen usaha setelah                1991 adopting the expansion of its business segments after the
masuknya Grup Artha Graha di Perseroan. Selanjutnya menjadi      joining of Artha Graha Group in the Company. Subsequently,
                                                                                                                                         Laporan Keberlanjutan
                                                                                                                                          Sustainability Report




PT Jakarta International Hotels & Development Tbk sebagaimana    the Company’s name changed into PT Jakarta International
termaktub dalam Akta Perubahan No. 45 tanggal 19 Agustus         Hotels & Development Tbk as stipulated in the Deed of
1996 yang dibuat di hadapan Imas Fatimah, S.H., Notaris di       Amendment No. 45 dated August 19, 1996 made before Imas
Jakarta. Perubahan ini efektif berlaku per 21 November 1996      Fatimah S.H., Notary in Jakarta. The change was effective as of
sesuai dengan Surat Keputusan dari Menteri Kehakiman             November 21, 1996 in accordance with the Minister of Justice Decree
No. C2-10.468.HT.01.04.TH.96 tanggal 21 November 1996.           No. C2-10.468.HT.01.04.TH.96 dated November 21, 1996.
Pencantuman Tbk (singkatan dari kata terbuka) merupakan          The inclusion of Tbk (abbreviation of the word “terbuka”) is a
pemenuhan persyaratan sebagai perusahaan terbuka.                fulfillment of the requirements as a public company.



                                                                                              2023 Integrated Annual Report         41
Page 44
PT Jakarta International Hotels & Development Tbk




Sekilas Perseroan
Company at a Glance



Keberadaan awal Perseroan adalah untuk meneruskan                     The Company’s initial existence was to continue the construction
pembangunan Hotel Borobudur Inter-Continental (sekarang               of Hotel Borobudur Inter-Continental (currently known as Hotel
dikenal sebagai Hotel Borobudur Jakarta - HBJ) yang berlokasi         Borobudur Jakarta - HBJ) located on South Lapangan Banteng
di Jalan Lapangan Banteng Selatan, Jakarta Pusat, sekaligus           Street, Central of Jakarta, as well as taking over its ownership from
mengambil alih kepemilikannya dari pemilik sebelumnya                 the previous owner of PT Perhotelan Banteng Baru.
PT Perhotelan Banteng Baru.

Pembangunan Hotel Borobudur Inter-Continental selesai pada            The construction of Hotel Borobudur Inter-Continental was
awal 1974, dan dibuka secara resmi oleh Presiden Soeharto pada        completed in early 1974 and was officially launched by President
23 Maret 1974. Hotel Borobudur Inter-Continental mendapat             Soeharto on March 23, 1974. Hotel Borobudur Inter-Continental
kehormatan sebagai tempat dilangsungkannya konferensi PATA            was honored as the venue for the PATA conference in April 1-4, 1974
pada 1-4 April 1974, yang dihadiri oleh 1.500 peserta perwakilan      which was attended by 1,500 representatives from 39 countries.
dari 39 negara.

Lokasi Hotel Borobudur Jakarta berada di kawasan kebun tropis         Hotel Borobudur Jakarta is located in a 23 Ha tropical garden area
seluas 23 ha, Hotel Borobudur Jakarta berdiri di atas tanah seluas    and stands on 89,510 sqm of land on South Lapangan Banteng
89.510 m2 di Jalan Lapangan Banteng Selatan, Jakarta Pusat. Hotel     Street, Central of Jakarta. Hotel Borobudur Jakarta has 19 floors
Borobudur Jakarta berlantai 19 dengan jumlah kamar 695 kamar          with a total of 695 rooms consisting of 228 superior, 179 premiere
yang terdiri dari: 228 superior, 179 premiere deluxe, dan 288 jenis   deluxe and 288 other room types. With its integrated location,
lainnya. Dengan lokasi yang terintegrasi, Hotel Borobudur Jakarta     Hotel Borobudur Jakarta also has 140 units of “Garden Wing”
juga memiliki apartemen servis “Garden Wing” dengan sebanyak          apartment service with an area of 15,479 sqm since 1986. Hotel
140 unit dengan total luas bangunan 15.479 m2 sejak 1986. Hotel       Borobudur Jakarta is also equipped with outdoor sports facilities.
Borobudur Jakarta dilengkapi pula fasilitas olah raga di alam
terbuka.

Hotel Borobudur Inter-Continental ditetapkan sebagai Hotel            Hotel Borobudur Inter-Continental was designated as a Five
Bintang Lima oleh Direktorat Jendral Pariwisata di 1981.              Star Hotel in 1981 by the Directorate General of Tourism.
Selanjutnya memperoleh Golden Palm Award (penghargaan                 Subsequently, the DKI Jakarta Regional Office of Tourism, Post and
tertinggi dalam bidang kepariwisataan di Indonesia) dari Kantor       Telecommunications gave the Golden Palm Award (the highest
Wilayah Pariwisata, Pos dan Telekomunikasi DKI Jakarta di 1986.       award in the field of tourism in Indonesia) in 1986. The Hotel then
Selanjutnya memperoleh status hotel Bintang Lima dengan Berlian       obtained the status of Five Star Hotel with Diamonds (the highest
(peringkat tertinggi di bidang perhotelan) dari Kantor Wilayah        rating in the field of hospitality) from the DKI Jakarta Regional
Pariwisata, Pos, dan Telekomunikasi DKI Jakarta di 1987.              Office of Tourism, Post and Telecommunications in 1987.

Perseroan menjadi perusahaan terbuka dengan mencatatkan               The Company became a public company by listing its shares in the
saham di Bursa Efek Indonesia per 29 Februari 1984. Dalam             Indonesia Stock Exchange on February 29, 1984. The Company’s
penawaran umum perdana Perseroan sebanyak 6.618.600 lembar            initial public offering listed 6,618,600 shares (42.02% of the issued
saham (42,02% dari modal ditempatkan dan disetor penuh) dengan        and fully paid capital) with nominal value of Rp1,000,- per share at
nilai nominal Rp1.000,- per saham, ditawarkan kepada masyarakat       public offering price of Rp1,500 per share.
dengan harga penawaran Rp1.500,- per saham.



42      Laporan Tahunan Terintegrasi 2023
Page 45
                                                                                                          Integrating Excellence for Sustainability




Perseroan      menjadi     pemegang       saham       pengendali                   The Company became the controlling shareholder of




                                                                                                                                                                   Prologue
                                                                                                                                                                    Prolog
PT Danayasa Arthatama (DA) menyusul “Perjanjian Pertukaran                         PT Danayasa Arthatama (DA) following the signing of “Share
Saham” dengan PT Danayasa Arthatama (Artha Graha Network)                          Exchange Agreement” with PT Danayasa Arthatama (Artha Graha
pada 1990. PT DA adalah perusahaan pengembang dan pengelola                        Network) in 1990. PT DA is a development and management
Kawasan Niaga Terpadu Sudirman (Sudirman Central Business                          company of the ± 50 hectare Sudirman Central Business District




                                                                                                                                                                   Performamnce Highlights
District - SCBD) seluas ± 50 hektar, di segitiga emas Jakarta,                     (SCBD), located in the heart of Jakarta, between Jenderal Sudirman
antara Jalan Jenderal Sudirman, Jalan Jenderal Gatot Subroto dan                   Street, Jenderal Gatot Subroto Street and Semanggi Bridge.




                                                                                                                                                                        Ikhtisar Kinerja
Jembatan Semanggi.

Portofolio usaha Perseroan bertambah dengan real estat (mal)                       The Company’s business portfolio expanded to include real
bersamaan mulai beroperasinya Pacific Place Jakarta (integrasi                     estate (malls) with the operations of Pacific Place Jakarta (an
mal bertingkat enam Pacific Place, perkantoran eksklusif One                       integration of the six-storey Pacific Place mall, the exclusive One
Pacific Place, hotel bintang lima The Ritz-Carlton Pacific Place                   Pacific Place office complex, the five-star The Ritz-Carlton Pacific
dan apartemen mewah Pacific Place Residence Apartment) di                          Place hotel and the luxury Pacific Place Residence Apartment) at
SCBD pada 2007. Sebelumnya bidang jasa telekomunikasi yang                         SCBD in 2007. Prior to be developed by PT Artha Telekomindo,




                                                                                                                                                                   Laporan Manajemen
                                                                                                                                                                   Management Report
dikembangkan oleh PT Artha Telekomindo telah dikonsolidasikan                      telecommunication services have already been consolidated with
bersamaan diakuisisinya PT Danayasa Arthatama oleh Perseroan.                      the acquisition of PT Danayasa Arthatama by the Company.

Perseroan bersama Entitas Anak dengan didukung oleh tim                            The Company along with its Subsidiaries and supported by a reliable
manajemen yang andal dan human capital yang mumpuni, loyal                         management team as well as capable, loyal and dedicated human
dan berdedikasi, melalui strategi-strategi yang solid dan andal,                   capital, through solid and definitive strategies, are willingness to
berkehendak terus tumbuh dan berkembang secara berkelanjutan,                      grow and develop sustainably, whilst paying attention to good
dengan tetap memperhatikan tata kelola perusahaan yang baik,                       corporate governance, increasing added value for stakeholders




                                                                                                                                                                   Profil Perusahaan
meningkatkan nilai tambah untuk pemegang saham dan menjaga                         and maintaining harmonious relationship with all stakeholders, in




                                                                                                                                                                    Company Profile
hubungan yang harmonis dengan seluruh pemangku kepentingan,                        order to consolidate its position as one of the trusted developers
untuk memantapkan posisinya sebagai salah satu pengembang                          and managers in Indonesia.
dan pengelola properti terkemuka dan terpercaya di Indonesia.



Kegiatan dan Bidang Usaha
Activities and Lines of Business [OJK C.4] [GRI 2-6]




                                                                                                                                                                   Analisis dan Pembahasan Manajemen
                                                                                                                                                                    Management Discussion and Analysis
Bidang usaha Perseroan sesuai Anggaran Dasar terbaru                               The Company’s line of businesses according to the latest Articles
sebagaimana tercantum pada Pasal 3 Akta No. 25 tanggal                             of Association as stipulated in Article 3 Paragraph No. 25 dated
20 Juli 2023 adalah menjalankan usaha di bidang jasa akomodasi                     July 20, 2023 is to engage in hotel accommodation services and
hotel dan pusat niaga beserta fasilitas-fasilitasnya, real estat dan               commercial centers and their facilities, real estate and construction.
konstruksi. Bidang usaha tersebut dapat dilaksanakan melalui                       The line of businesses are carried out through the Company’s Main
Kegiatan Usaha Utama dan Kegiatan Penunjang Perseroan.                             and Supporting Business Activities.


                                                Kegiatan Usaha Utama                                                                Keterangan
 No.
                                                Main Business Activities                                                             Remarks
  1    Hotel Bintang Lima (55110), mencakup:                                                                          Perseroan bersama Entitas Anak telah




                                                                                                                                                                   Human Capital
       usaha penyediaan jasa pelayanan penginapan yang memenuhi ketentuan sebagai hotel bintang, serta jasa mengoperasikan hotel-hotel bintang




                                                                                                                                                                   Human Capital
       lainnya bagi umum dengan menggunakan sebagian atau seluruh bangunan.                                           lima: Hotel Borobudur Jakarta dan The
       Five Star Hotels (55110), including:                                                                           Ritz-Carlton Pacific Place, yang berlokasi
       Lodging services that meet the requirements as a star hotel, as well as other services for the public by using di Lapangan Banteng Selatan dan
       part or all of the building.                                                                                   kawasan SCBD.
                                                                                                                       The Company and its subsidiaries
                                                                                                                       have operated five-star hotels: Hotel
                                                                                                                       Borobudur Jakarta and The Ritz-Carlton
                                                                                                                       Pacific Place, located in Lapangan
                                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                                    Corporate Governance



                                                                                                                       Banteng Selatan and SCBD area.
  2    Restoran (56101), mencakup:                                                                                     Perseroan     telah   mengoperasikan
       jenis usaha jasa menyajikan makanan dan minuman untuk dikonsumsi di tempat usahanya, bertempat di               restoran-restoran ternama di hotel-
       sebagian atau seluruh bangunan permanen, dilengkapi dengan jasa pelayanan meliputi memasak dan                  hotel, mal dan gedung perkantoran dari
       menyajikan sesuai pesanan.                                                                                      Perseroan dan Entitas Anak.
       Restaurant (56101), including:                                                                                The Company has operated renowned
       A type of business that sells foods and beverages to be consumed at the place of business, located in part or restaurants in hotels, malls and office
       all of a permanent building, equipped with services including cooking and serving to order.                   buildings of the Company and its
                                                                                                                     subsidiaries.
  3    Bar (56301), mencakup:                                                                                        Perseroan     dan      Entitas Anak
       usaha yang kegiatannya menghidangkan minuman beralkohol dan nonalkohol, serta makanan kecil untuk mengoperasikan di hotel-hotelnya.
                                                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                                                    Sustainability Report




       umum di tempat usahanya, dan telah mendapatkan izin dari instansi yang membinanya.                            The Company and its subsidiaries
       Bar (56301), including:                                                                                       operate them in their hotels.
       A business that serves alcoholic and non-alcoholic beverages, as well as snacks to the public at its place of
       business, and has obtained a license from the agency that supervises it.




                                                                                                                  2023 Integrated Annual Report              43
Page 46
PT Jakarta International Hotels & Development Tbk




                                                 Kegiatan Usaha Utama                                                                     Keterangan
No.
                                                 Main Business Activities                                                                  Remarks
 4    Apartemen Hotel (55194), mencakup:                                                                                     Perseroan       dan    Entitas     Anak
      usaha penyediaan jasa pelayanan penginapan bagi umum, yang mengelola dan mengfungsikan apartemen                       mengoperasikannya      terintegrasi di
      sebagai hotel untuk hunian sementara, dengan perhitungan pembayaran sesuai ketentuan. Misalnya                         hotel-hotelnya.
      apartemen hotel/kondominium hotel (apartel/kondotel).                                                     The Company and its subsidiaries
      Apartment Hotel (55194), including:                                                                       operate and integrate them in their
      The business of providing lodging services for the public, which manages and functions apartments as hotels.
      hotels for temporary residence, with payment calculations in accordance with the provisions. For example:
      apartement hotel/condominium hotel (apartel/condotel).
 5    Aktivitas Konsultansi Pariwisata (70201), mencakup:                                                                    Entitas Anak mengoperasikan aktivitas-
      kegiatan penyedia jasa konsultansi pariwisata profesional, antara lain penyampaian pandangan, saran,                   aktivitas jasa konsultasi pariwisata.
      dan/atau kajian terkait studi kelayakan, perencanaan, pengorganisasian, pengarahan, pengoordinasian,                   A subsidiary operates tourism consulting
      pengawasan, pelaporan, penganggaran, dan atau fungsi manajemen lainnya di bidang kepariwisataan.                       services.
      Tourism Consultancy Activities (70201), including:
      Professional tourism consultant provider, including the provision of views, advice, and/or reviews related
      to feasibility studies, planning, organizing, directing, coordinating, supervising, reporting, budgeting, and/or
      other management functions in the field of tourism.


                                                   Kegiatan Penunjang                                                                     Keterangan
No.
                                                   Supporting Activities                                                                   Remarks
  1   Konstruksi Gedung Hunian (41011), mencakup:                                                                            Perseroan dan Entitas Anak telah
      usaha pembangunan, pemeliharaan dan/atau pembangunan kembali bangunan yang dipakai untuk hunian,                       mengoperasikan apartemen: Garden
      seperti rumah tinggal, rumah tinggal sementara, rumah susun, apartemen dan kondominium. Termasuk                       Wing dan Pacific Place Residence
      pembangunan gedung untuk hunian yang dikerjakan oleh perusahaan real estat dengan tujuan untuk dijual,                 Apartment.
      dan kegiatan perubahan dan renovasi gedung hunian.                                                            The Company and its subsidiaries have
      Residential Building Construction (41011) including:                                                          operated apartments: Garden Wing and
      Construction, maintenance and/or redevelopment of buildings used for residential purposes, such as houses, Pacific Place Residence Apartment.
      temporary housing, flats, apartments and condominiums. Including the construction of residential buildings
      undertaken by real estate companies for the purpose of sale, and the alteration and renovation of residential
      buildings.
 2    Konstruksi Gedung Perkantoran (41012), mencakup:                                                                       Perseroan melalui Entitas Anak telah
      usaha pembangunan, pemeliharaan dan/atau pembangunan kembali bangunan yang dipakai untuk gedung                        membangun dan mengelola gedung-
      perkantoran, seperti kantor dan rumah kantor (rukan). Termasuk pembangunan gedung untuk perkantoran                    gedung perkantoran: Bursa Efek
      yang dikerjakan oleh perusahaan real estat dengan tujuan untuk dijual dan kegiatan perubahan dan renovasi              Indonesia, One Pacific Place dan
      gedung perkantoran.                                                                                                    Revenue Tower di kawasan SCBD.
      Office Building Construction (41012) including:                                                                        The Company through its subsidiaries
      Construction, maintenance and/or redevelopment of buildings used for office buildings, such as offices and             has built and managed office buildings:
      office houses. Including the construction of buildings for offices by real estate companies for the purpose of         Indonesia Stock Exchange, One Pacific
      sale and the alteration and renovation of office buildings.                                                            Place and Revenue Tower in SCBD area.
 3    Konstruksi Gedung Perbelanjaan (41014), mencakup:                                                                      Perseroan melalui Entitas Anak telah
      usaha pembangunan, pemeliharaan dan/atau pembangunan kembali bangunan yang dipakai perbelanjaan,                       membangun dan mengelola gedung-
      seperti gedung perdagangan/pasar/mal, toserba, toko, rumah toko (ruko) dan warung. Termasuk                            gedung perbelanjaan: Mal Pacific Place
      pembangunan ruko yang dikerjakan oleh perusahaan real estat dengan tujuan untuk dijual, dan kegiatan                   dan Elysee di kawasan SCBD.
      perubahan dan renovasi gedung perbelanjaan.                                                                The Company through its subsidiaries
      Shopping Building Construction (41014), including:                                                         has built and managed shopping malls:
      Construction, maintenance and/or redevelopment of buildings used for shopping, such as trading buildings/ Pacific Place Mall and Elysee in SCBD
      markets/malls, department stores, shops, shop houses and stalls. Including the construction of shop houses area.
      undertaken by real estate companies for the purpose of sale, and the alteration and renovation of shopping
      buildings.
 4    Konstruksi Gedung Penginapan (41017), mencakup:
      usaha pembangunan, pemeliharaan dan/atau pembangunan kembali bangunan yang dipakai untuk
      penginapan, seperti gedung perhotelan, hostel dan losmen. Termasuk kegiatan perubahan dan renovasi
      gedung penginapan.
      Lodging Building Construction (41017) including:
      Construction, maintenance and/or redevelopment of buildings used for lodging, such as hotel buildings,
      hostels and inns. Including the alteration and renovation of lodgings.
 5    Real Estat yang Dimiliki Sendiri atau Disewa (68111), mencakup:
      usaha pembelian, penjualan, persewaan dan pengoperasian real estat, baik yang dimiliki sendiri maupun
      disewa, seperti bangunan apartemen, bangunan hunian dan bangunan non hunian (seperti fasilitas
      penyimpanan/gudang, mal, pusat perbelanjaan dan lainnya), serta penyediaan rumah dan flat atau apartemen
      dengan atau tanpa perabotan untuk digunakan secara permanen, baik dalam bulanan atau tahunan.
      Termasuk kegiatan penjualan tanah, pengembangan gedung untuk dioperasikan sendiri (untuk penyewaan
      ruang-ruang di gedung tersebut), pembagian real estat menjadi tanah kapling tanpa pengembangan lahan,
      dan pengoperasian kawasan hunian untuk rumah yang bisa dipindah-pindah.
      Real Estate Owned or Leased (68111) including:
      Buying, selling, renting and operating real estates, whether owned or rented, such as apartment buildings,
      residential buildings and non-residential buildings (such as storage facilities warehouse, malls, shopping
      centers and others), as well as the provision of houses and flats or apartments with or without furniture for
      permanent use, whether on a monthly or annual basis. Includes the sale of land, the development of buildings
      for self-operation (for the rental of spaces in such buildings), the division of real estate into land plots without
      land development, and the operation of residential areas for movable houses.




44     Laporan Tahunan Terintegrasi 2023
Page 47
                                                                                                            Integrating Excellence for Sustainability




                                                  Kegiatan Penunjang                                                              Keterangan




                                                                                                                                                             Prologue
 No.




                                                                                                                                                              Prolog
                                                  Supporting Activities                                                            Remarks
  6    Real Estat atas Dasar Balas Jasa (Fee) atau Kontrak (68200), mencakup:
       kegiatan penyediaan real estat atas dasar balas jasa atau kontrak, termasuk jasa yang berkaitan dengan
       real estat seperti kegiatan agen dan makelar real estat, perantara pembelian, penjualan dan penyewaan




                                                                                                                                                             Performamnce Highlights
       real estat atas dasar balas jasa atau kontrak, pengelolaan real estat atas dasar balas jasa atau kontrak, jasa
       penaksiran real estat dan agen pemegang wasiat real estat.




                                                                                                                                                                  Ikhtisar Kinerja
       Real Estate on a Fee or Contract Basis (68200) including:
       The provision of fee or contract based real estate services, including real estate-related services such as real
       estate agents and brokers, brokering the purchase, sale and lease of real estate on a fee or contract basis,
       managing real estate on a fee or contract basis, real estate appraisal services and real estate probate agents.
  7    Perdagangan Eceran Roti, Kue Kering, serta Kue Basah dan Sejenisnya (47242), mencakup:                          Perseroan melalui Hotel Borobudur
       usaha perdagangan eceran khusus berbagai jenis roti, kue kering dan kue basah di dalam bangunan, seperti Jakarta telah mengoperasikan Gourmet
       roti manis, roti tawar, bolu, cake/tart, biskuit, wafer, kue semprong dan cookies.                              sebagai toko roti dan kue.
       Retail Trading of Bread, Pastries, and Cakes (47242), includes:                                                 The Company through Hotel Borobudur
       Retail trading business specializing in various types of bread, pastries and wet cakes in the building, such as Jakarta has operated Gourmet as a




                                                                                                                                                             Laporan Manajemen
                                                                                                                                                             Management Report
       sweet bread, white bread, sponge cake, cake/tart, biscuits, wafers, semprong cakes and cookies.                 bread and cake shop.

  8    Aktivitas Penatu (96200), mencakup:
       usaha jasa pelayanan pencucian dan dry cleaning, penatu, pencelupan dan isi barang-barang tekstil jadi
       (termasuk berbahan kulit bulu binatang) dan tekstil lainnya untuk keperluan rumah tangga maupun industri
       perorangan, dilakukan dengan peralatan mekanik, baik yang dioperasikan dengan tangan atau dengan
       koin, seperti taplak meja, seprai, karpet, termasuk juga pakaian dan barang tekstil jadi. Termasuk kegiatan
       pencucian (shampooing) karpet, dan rug serta curtain gorden; jasa pengumpulan penatu dan pengirimannya;
       jasa penyediaan linen, seragam kerja dan barang lain yang terkait oleh penatu, reparasi dan alterasi atau
       pengubahan kecil dari pakaian atau tekstil lain yang terkait dengan pencucian.




                                                                                                                                                             Profil Perusahaan
                                                                                                                                                              Company Profile
       Laundry Activities (96200), include:
       Provision of washing and dry cleaning services, laundry, dyeing and filling of finished textile goods (including
       animal fur leather) and other textiles for individual household and industrial use, carried out with mechanical
       equipment, whether operated by hand or with coins, such as tablecloths, bedspreads, carpets, including clothing
       and finished textile goods. Including washing (shampooing) carpets, rugs and curtains; laundry collection and
       delivery services; services for providing linen, work uniforms and other items related to laundry, repairs and
       minor alterations or alterations of clothing or other textiles related to laundering.
  9    Jasa Penyelenggaraan Event Khusus (Special Event) (82302), mencakup:
       Kegiatan penyelenggara event khusus yang melakukan pengaturan dan penyelenggaraan event khusus,




                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                              Management Discussion and Analysis
       baik atas dasar permintaan client mewujudkan tujuan yang diharapkan melalui acara yang diadakan, maupun
       event khusus yang dirancang sendiri, dimulai dari proses pembuatan konsep, perencanaan, persiapan,
       eksekusi hingga rangkaian acara selesai. Kegiatan penyelenggaraan event khusus yang dicakup kelompok
       ini adalah festival, karnaval, event olahraga, event musik, event budaya, event personal dan acara sejenis.
       Special Event Organizing Services (82302), including:
       Provision of special event organizers who set up and organize special events, either based on client requests,
       realizing the expected goals through the event held, or special events that are designed by themselves,
       starting from the process of concept creation, planning, preparation, execution until the series of events is
       completed. The special event organized by this group are festivals, carnivals, sporting events, music events,
       cultural events, personal events and similar events.
 10    Nightclubs or Discotheques that Primarily Provide Drinks (56302), including:
       usaha penyediaan jasa pelayanan minum sebagai kegiatan utama dimana menyediakan juga tempat dan
       fasilitas untuk menari dengan diiringi musik hidup, atraksi pertunjukan lampu sebagai layanan tambahan
       serta pramuria.
       Klub Malam atau Diskotek yang Utamanya Menyediakan Minuman (56302), mencakup:
       Provision of drinking services as the main event in which also provides a place and facilities to dance




                                                                                                                                                             Human Capital
       accompanied by live music, light show attractions as additional services and attendants.




Wilayah Operasional                                                                                                                                          Human Capital

Operational Areas [OJK C.4] [GRI 2-6]
                                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                                              Corporate Governance




Sebagai jaringan usaha, melalui 4 Entitas Anak dengan kepemilikan                   As a business network through its four directly owned subsidiaries,
langsung, satu penyertaan saham, dan 22 Entitas Anak dengan                         one equity participation and 22 indirectly owned subsidiaries, the
kepemilikan tidak langsung beroperasi dalam sebaran wilayah                         Company operates throughout Jabodetabek, as well as outside
operasional mencakup Jabodetabek, serta daerah di luar area                         the area.
tersebut.

PT Danayasa Arthatama beroperasional mengembangkan                                  PT Danayasa Arthatama develops and manages SCBD area in
dan mengelola kawasan SCBD di Jakarta Selatan. PT Dharma                            South Jakarta. PT Dharma Harapan Raya manages hotel operations
Harapan Raya membantu mengelola aktivitas operasional hotel                         in Jakarta (Hotel Borobudur Jakarta and Discovery Ancol Hotel),
                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                              Sustainability Report




di Jakarta (Hotel Borobudur Jakarta dan Discovery Hotel Ancol),                     Cipanas (Palace Hotel Cipanas) and Kuta, Bali (Discovery Kartika
Cipanas (Palace Hotel Cipanas) dan Kuta, Bali (Discovery Kartika                    Plaza Hotel). PT Artha Telekomindo based in SCBD has developed
Plaza Hotel). PT Artha Telekomindo yang berbasis di SCBD telah                      services in almost all parts of Indonesia.
mengembangkan layanan di hampir seluruh wilayah Indonesia.




                                                                                                                    2023 Integrated Annual Report      45
Page 48
PT Jakarta International Hotels & Development Tbk




Operasional Bidang Usaha
Operational Line of Business [OJK C.4] [GRI 2-6]

Perseroan menjalankan kegiatan operasional yang telah sesuai                  The Company carries out its operational activities in accordance
dengan Anggaran Dasar terakhirnya. Informasi tentang kegiatan                 with its latest Articles of Association. Information of business
usaha juga tercantum dalam Laporan Keuangan Perseroan untuk                   activities were also stated in the Company’s Financial Report for
tahun buku yang berakhir 31 Desember 2023.                                    the year ended on December 31, 2023.


  PERHOTELAN
  HOTELS


   38,6%
                                        Kontribusi terhadap keseluruhan
                                        pendapatan 2023.
                                        Contribution to the overall revenues in
                                        2023


                                                                                                                                  Hotel Borobudur Jakarta




                                                    Hotel Borobudur Jakarta                                                       The Ritz-Carlton Jakarta




                                                      The Langham Jakarta                                                              Alila SCBD Jakarta




Segmen usaha awal Perseroan adalah hotel, yang dimulai dengan                 The Company's initial business segment was in hotel industry,
pengoperasian Hotel Borobudur Inter-Continental (sekarang Hotel               which began with the operation of Hotel Borobudur Inter-
Borobudur Jakarta), sebuah hotel bintang lima yang berlokasi di               Continental (now Hotel Borobudur Jakarta), a five-star hotel
pusat kota Jakarta, yang diresmikan oleh Presiden Soeharto pada               located in downtown Jakarta, which was inaugurated by President
23 Maret 1974.                                                                Soeharto on March 23, 1974.

Selanjutnya mulai 2007 mengoperasikan The Ritz-Carlton Pacific                Then in 2007, the Company operates The Ritz-Carlton Pacific Place
Place melalui PT Pacific Place Jakarta (entitas anak PT Danayasa              through PT Pacific Place Jakarta (a subsidiary of PT Danayasa
Arthatama). The Ritz-Carlton Pacific Place merupakan hotel bintang            Arthatama). The Ritz-Carlton Pacific Place is a five-star hotel
lima yang terintegrasi mal bertingkat enam, gedung perkantoran                integrated with a six-storey mall, office buildings and exclusive
dan apartemen eksklusif yang berlokasi di SCBD Lot 3 dan 5.                   apartments located at SCBD, Lot 3 and 5.

Setelah ini, mulai 6 Februari 2019, beroperasi Alila SCBD di SCBD             Afterwards, since February 6, 2019, the Alila SCBD has operated
Lot 11, sebuah hotel bintang lima berlantai 27 yang memiliki 227              at SCBD Lot 11, a 27-storey five-star hotel that has 227 rooms with
kamar dengan empat tipe kamar: studio king/twin, deluxe king,                 four room types: studio king/ twin, deluxe king, suite and Alila suite.
suite dan Alila suite.



46      Laporan Tahunan Terintegrasi 2023
Page 49
                                                                                           Integrating Excellence for Sustainability




Terbaru beroperasi sejak 9 September 2021 adalah The Langham,         The latest to operate since September 9, 2021 is The Langham, a




                                                                                                                                               Prologue
                                                                                                                                                Prolog
sebuah gedung terpadu apartemen dan hotel yang berlantai 65,          65-storey integrated apartment and hotel building at SCBD Lot 13,
di SCBD Lot 13, terintegrasi dengan tiga gedung perkantoran           integrated with three new office buildings, namely Revenue Tower,
baru, yaitu Revenue Tower, Treasury Tower dan Prosperity Tower.       Treasury Tower and Prosperity Tower. The Langham is also a five-
The Langham juga sebuah hotel bintang lima dengan fasilitas           star hotel with 223 rooms and suites, 2,100 sqm of function space,




                                                                                                                                               Performamnce Highlights
223 kamar dan suites, ruang serbaguna seluas 2.100 m2, yang           consisting of: 688 sqm ballroom and open-air space, 11 meeting
terdiri dari: ballroom seluas 688 m2 dan ruang terbuka, 11 ruangan    rooms of various sizes for a variety of events, and is also equipped




                                                                                                                                                    Ikhtisar Kinerja
pertemuan dengan berbagai ukuran untuk beragam acara, dan             with other facilities of international standard.
juga dilengkapi dengan fasilitas-fasilitas lainnya yang bertaraf
internasional.


  REAL ESTAT
  REAL ESTATE




                                                                                                                                               Laporan Manajemen
                                                                                                                                               Management Report
   43,0%




                                                                                                                                               Profil Perusahaan
                                                                                                                                                Company Profile
     Kontribusi terhadap keseluruhan
     pendapatan 2023.
     Contribution to the total revenues in 2023.




                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                Management Discussion and Analysis
Operasional segmen usaha Real Estat dilaksanakan oleh                 The Real Estate business segment is operated through
PT Danayasa Arthatama (DA), entitas anak yang dikonsolidasikan        PT Danayasa Arthatama (DA), a subsidiary which was consolidated
sejak 1992. PT DA telah dikenal sebagai pengembang dan                in 1992. PT DA is known as a company that develops and manages
pengelola Kawasan Niaga Terpadu Sudirman (Sudirman Central            Sudirman Integrated Commercial Area (Sudirman Central Business
Business District - SCBD) di segitiga emas Jakarta, antara Jalan      District - SCBD), located in the golden triangle of Jakarta, between
Jendral Sudirman, Jalan Jendral Gatot Subroto dan Jembatan            Jendral Sudirman Street, Jendral Gatot Subroto Street and
Semanggi.                                                             Semanggi Bridge.

Kawasan seluas ± 50 hektar yang semulanya kumuh, mulai                The development of the ± 50 hectares area which was originally
dikembangkan sejak 1992 hingga bertransformasi menjadi sebuah         a slum began in 1992 and transformed into a premium business
pusat bisnis terpadu dan premium dengan gedung perkantoran,           center with office buildings, exclusive residences, modern
hunian eksklusif, pusat perbelanjaan modern, dan hotel bintang        shopping centers, and five-star hotels, which are supported and




                                                                                                                                               Human Capital
                                                                                                                                               Human Capital
lima, yang didukung dan dilengkapi dengan keberadaan sarana           equipped with the existence of excellent and integrated facilities
dan prasarana yang prima dan terintegrasi.                            and infrastructures.

Segmen usaha real estat Perseroan mencakup pula pengelolaan           The real estate business segment of the Company also includes
gedung perkantoran. Perseroan memiliki andil dalam PT First           the management of office buildings. The Company has a share
Jakarta International (sebelumnya bernama PT Danareksa Jakarta        in PT First Jakarta International (formerly PT Danareksa Jakarta
International) sebagai pemilik Gedung Bursa Efek Indonesia (BEI)      International) as the owner of the Indonesia Stock Exchange (IDX)
yang berada di SCBD Lot 2. Gedung BEI memiliki dua menara             Building located at SCBD Lot 2. The IDX Building has two twin
                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                Corporate Governance




kembar dengan masing-masing 32 lantai telah beroperasi                towers with 32 floors each and has been operating commercially
komersial sejak 1995.                                                 since 1995.

Gedung perkantoran One Pacific Place yang terintegrasi bersama        The One Pacific Place office building which is integrated with The
hotel The Ritz-Carlton Pacific Place, Mal Pacific Place dan Pacific   Ritz-Carlton Pacific Place hotel, Pacific Place Mall and Pacific Place
Place Residence Apartment mulai beroperasi di 2007. Terbaru           Residence Apartment started operating in 2007. The latest is the
adalah beroperasinya Revenue Tower dengan 29 lantai di SCBD           operation of the 29-storey Revenue Tower at SCBD Lot 13, which
Lot 13, yang dikelola oleh PT Adinusa Puripratama sejak 2018.         has managed by PT Adinusa Puripratama since 2018.

Beroperasinya keseluruhan proyek Pacific Place Jakarta telah          The operation of the entire Pacific Place Jakarta project has
                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                Sustainability Report




memperkuat operasional segmen usaha Perseroan. Mal Pacific            strengthened the Company’s business segments. Pacific Place
Place masuk dalam segmen real estat, sedang Pacific Place             Mall is included in the real estate segment, while Pacific Place
Residence Apartment berkonsolidasi dengan The The Ritz-Carlton        Residence Apartment is consolidated with The Ritz-Carlton Pacific
Pacific Place di segmen hotel.                                        Place in the hotel segment.




                                                                                                  2023 Integrated Annual Report         47
Page 50
PT Jakarta International Hotels & Development Tbk




Pedoman Pengembangan Lot SCBD                                  SCBD Lot Development Guidelines
Di bawah ini adalah peta pengembangan lot-lot di SCBD sesuai   Below is a map of the lot development in SCBD according to the
dengan peruntukan yang dikembangkan dan dikelola oleh          designation, developed and managed by PT Danayasa Arthatama
PT Danayasa Arthatama (entitas anak Perseroan).                (a subsidiary of the Company).




48     Laporan Tahunan Terintegrasi 2023
Page 51
                                                                                                Integrating Excellence for Sustainability




  JASA TELEKOMUNIKASI




                                                                                                                                                       Prologue
                                                                                                                                                        Prolog
  TELECOMMUNICATION
  SERVICES




                                                                                                                                                       Performamnce Highlights
   18,0%




                                                                                                                                                            Ikhtisar Kinerja
     Kontribusi terhadap keseluruhan
     pendapatan 2023.
     Contribution to the overall revenues in




                                                                                                                                                       Laporan Manajemen
                                                                                                                                                       Management Report
     2023.




Segmen usaha jasa telekomunikasi dikembangkan oleh PT Artha         The telecommunication services business segment is developed by




                                                                                                                                                       Profil Perusahaan
Telekomindo (AT). Entitas Anak dari PT Danayasa Arthatama yang      PT Artha Telekomindo (AT). A subsidiary of PT Danayasa Arthatama




                                                                                                                                                        Company Profile
telah berdiri sejak 1993, sebagai perusahaan penyedia layanan       which was established in 1993, as a leading company that
dan solusi Teknologi Informasi dan Komunikasi terkemuka (TIK)       provides services and solutions in Information and Communication
yang mengedepankan inovasi, keandalan dan keahlian. PT AT           Technology (ICT) that prioritizes innovation, reliability and expertise.
telah membantu PT Danayasa Arthatama dalam hal penyediaan           PT AT has assisted PT Danayasa Arthatama in the provision of
sarana dan prasarana telekomunikasi (jasa internet dan jasa         telecommunication facilities and infrastructures (internet and
jaringan tertutup) di kawasan SCBD.                                 closed network services) in SCBD area.




                                                                                                                                                       Analisis dan Pembahasan Manajemen
Sekarang, PT AT telah mengembangkan aktivitas layanan dan           Currently, PT AT has developed secure telecommunication services




                                                                                                                                                        Management Discussion and Analysis
solusi telekomunikasi yang aman sesuai kebutuhan yang berbeda       and solutions activities according to different needs in Jakarta and
di Jakarta dan di luar Jakarta, seperti Cilegon, Surabaya, Medan,   outside Jakarta, such as Cilegon, Surabaya, Medan, Makassar, Bali,
Makassar, Bali, Bandung, dan daerah lainnya.                        Bandung, and other areas.



  JASA MANAJEMEN
  PERHOTELAN
  HOTEL MANAGEMENT
  SERVICES



   0,4%
                                                                                                                                                       Human Capital
                                                                                                                                                       Human Capital
                                                                      Hotel Borobudur Jakarta                                 Discovery Hotel Ancol




     Kontribusi terhadap keseluruhan
     pendapatan 2023.
                                                                                                                                                       Tata Kelola Perusahaan
                                                                                                                                                        Corporate Governance



     Contribution to the overall revenues in
     2023.



                                                                        Palace Hotel Cipanas                           Discovery Kartika Plaza Hotel




Segmen jasa manajemen perhotelan menyediakan jasa                   The hotel management service segment provides hospitality
pengelolaan perhotelan. Melalui entitas anak PT Jakarta             management services. Through a subsidiary, PT Jakarta
                                                                                                                                                       Laporan Keberlanjutan
                                                                                                                                                        Sustainability Report




International Hotels Management (JIHM) yang telah berdiri sejak     International Hotels Management (JIHM), which was established
1992, mengelola dan mengembangkannya hingga dinonaktifkan           in 1992, it managed and developed until it was decommissioned
pada 2 Juli 1999. Selanjutnya fungsinya dialihkan kepada Entitas    on July 2, 1999. Subsequently, its function was transferred to its
Anak PT Dharma Harapan Raya (DHR).                                  subsidiary of PT Dharma Harapan Raya (DHR).

Hingga saat ini, PT DHR bertanggung jawab dalam pengelolaan         Until now, PT DHR is responsible for managing the operational
aktivitas operasional Hotel Borobudur Jakarta, Discovery Kartika    activities of Hotel Borobudur Jakarta, Discovery Kartika Plaza
Plaza Hotel, Palace Hotel Cipanas, dan Discovery Hotel Ancol.       Hotel, Palace Hotel Cipanas and Discovery Hotel Ancol.



                                                                                                      2023 Integrated Annual Report               49
Page 52
PT Jakarta International Hotels & Development Tbk




Jejak Langkah
Milestone



                                                                                                1991
                                                                                                Perubahan nama Perseroan menjadi
                                                                                                PT Jakarta International Hotels &
                                                                                                Development.
                                                                                                The Company changed its name to
     1969                                         1984                                          PT Jakarta International Hotels &
                                                                                                Development.
     PT Djakarta International Hotel berdiri      Penawaran perdana saham kepada
     sebagai     perusahaan       yang akan       masyarakat sebanyak 6.618.600 saham
     menyelesaikan pembangunan Hotel              dengan nilai nominal Rp1.000,- dan harga
     Borobudur       Inter-Continental yang
                                                  penawaran Rp1.500,- per saham.
     berlokasi di Jalan Lapangan Banteng
     Selatan, Jakarta Pusat.                      Initial public offering of 6,618,600 shares
                                                  with nominal value of Rp1,000 and offering
     PT Djakarta International Hotel was
     established as a Company that will           price of Rp1,500 per share.
     complete the construction of the Hotel
     Borobudur Inter-Continental, located in
     South Lapangan Banteng Street, Central
     Jakarta.
                                                                                                1992
                                                                                                • Perseroan menjadi pemegang saham
                                                                                                  pengendali PT Danayasa Arthatama,
                                                                                                  perusahaan       pengembang           dan
                                                                                                  pengelola Kawasan Niaga Terpadu
                                                                                                  Sudirman (SCBD).
                                                                                                • Peletakan batu pertama pembangunan
                                                                                                  SCBD.
                                                  1986                                          • The Company became the controlling
     1974                                         Peresmian Apartemen Garden Wing
                                                                                                  shareholder of PT Danayasa Arthatama,
                                                                                                  a developer and management of the
                                                  dengan 140 suite, fasilitas baru Hotel          Sudirman Central Business District (SCBD).
     Peresmian Hotel Borobudur Inter-
                                                  Borobudur Inter-Continental.                  • The groundbreaking of the SCBD
     Continental oleh Presiden Soeharto pada
                                                                                                  development.
     23 Maret 1974, sekaligus sebagai tempat      Inauguration of the Garden Wing
     diselenggarakannya konferensi PATA.          Apartment with 140 suites, the new
     The inauguration of the the Hotel
     Borobudur Inter-Continental by President
                                                  facilities of the Hotel Borobudur Inter-
                                                  Continental.                                  1993
     Soeharto on March 23, 1974, as well as the                                                 PT Artha Telekomindo berdiri sebagai
     venue for the PATA conference.
                                                  1987                                          penyedia       layanan
                                                                                                telekomunikasi di SCBD.
                                                                                                                         konektivitas


     1981                                         Penghargaan     Hotel    Bintang   Lima
                                                  Berlian dari Kantor Wilayah Departemen
                                                                                                PT Artha Telekomindo was established
                                                                                                as a provider of telecommunication
     Penetapan Hotel Borobudur Inter-             Pariwisata, Pos dan Telekomunikasi DKI        connectivity services at SCBD.
     Continental sebagai hotel bintang lima       Jakarta.
     oleh Direktorat Jendral Pariwisata.
     Designation of the Hotel Borobudur Inter-
                                                  Five Star Diamond Hotel Award from
                                                  the DKI Jakarta Regional Office of            1994
     Continental as a five-star hotel by the      the Department of Tourism, Post and
     Directorate General of Tourism.              Telecommunications.                           Akademi Pariwisata Jakarta International
                                                                                                Hotels (sekarang Politeknik Jakarta
                                                                                                Internasional) mulai beroperasi.

                                                  1990                                          Jakarta International Hotels Tourism
                                                                                                Academy (currently Jakarta International
                                                  Perseroan menandatangani “Perjanjian          Polytechnic) commenced its operations.
                                                  Pertukaran Saham” dengan PT Danayasa
                                                  Arthatama (Artha Graha Network).
                                                  The Company signed a “Share Exchange
                                                                                                1995
                                                  Agreement” with PT Danayasa Arthatama         Peresmian gedung Bursa Efek Jakarta
                                                  (Artha Graha Network).                        (sekarang Bursa Efek Indonesia) di SCBD Lot
                                                                                                2 oleh Presiden Soeharto.
                                                                                                The inauguration of the Jakarta Stock
                                                                                                Exchange (now Indonesia Stock Exchange)
                                                                                                building in SCBD Lot 2 by President Soeharto.

50       Laporan Tahunan Terintegrasi 2023
Page 53
                                                                                          Integrating Excellence for Sustainability




                                                                                                                                          Prologue
                                                                                                                                           Prolog
                                                                                                                                          Performamnce Highlights
                                                                                                                                               Ikhtisar Kinerja
1997
• Perseroan melakukan penawaran
  umum Obligasi I JIHD Tahun 1997
  dengan tingkat bunga tetap sebesar
  Rp600 miliar.




                                                                                                                                          Laporan Manajemen
• Presiden       Soeharto     meresmikan




                                                                                                                                          Management Report
  kembali Hotel Borobudur Inter-
  Continental pada 11 November 1997
  setelah renovasi hotel total sejak 1995.
• The Company conducted a public              2007                                              2018
  offering of the 1997 JIHD Bonds I with a
  fixed interest rate of Rp600 billion.       Pacific Place yang terdiri mal bertingkat         Revenue Tower selesai dibangun di SCBD
• President Soeharto inaugurated the          enam,      gedung    perkantoran     dan          Lot 13.
  the Hotel Borobudur Inter-Continental       hotel, serta apartemen eksklusif mulai            The completion of Revenue Tower in
  on November 11, 1997 after a total hotel    beroperasi di SCBD Lot 3-5.




                                                                                                                                          Profil Perusahaan
                                                                                                SCBD Lot 13.




                                                                                                                                           Company Profile
  renovation since 1995.                      Pacific Place, a six-storey mall, office
                                              building and hotel, as well as exclusive

1998                                          apartments, commenced operations at
                                              SCBD Lot 3-5.
Mendirikan Entitas Anak PT Dharma
Harapan Raya yang bergerak di bidang
jasa manajemen perhotelan dengan
                                              2010




                                                                                                                                          Analisis dan Pembahasan Manajemen
brand “Discovery Hotels & Resorts.”




                                                                                                                                           Management Discussion and Analysis
                                              Sertifikasi Eco Hotel      untuk   Hotel
Established a subsidiary, PT Dharma           Borobudur Jakarta.
Harapan Raya, engaging in hotel
management services with the brand            Eco Hotel Certification      for   Hotel
“Discovery Hotels & Resorts”.                 Borobudur Jakarta.

                                                                                                2019
1999                                          2011
                                                                                                • Hotel Borobudur Jakarta meraih
Hotel    Borobudur     Inter-Continental      Hotel Borobudur Jakarta menerima                    penghargaan Green Hotel Award
berubah menjadi Hotel Borobudur Jakarta       sertifikat Sistem Manajemen Keamanan                2019 sebagai Hotel Berwawasan
per 1 Januari 1999 yang dikelola oleh         Pangan dan sertifikat proper “Blue” untuk           Lingkungan.
PT Dharma Harapan Raya.                       Pengelolaan Lingkungan Hidup.                     • Pembukaan Elysee sebagai tempat
Hotel    Borobudur       Inter-Continental    Hotel Borobudur Jakarta received a Food             lifestyle baru di SCBD.
berubah menjadi Hotel Borobudur               Safety Management System certificate              • Hotel Borobudur Jakarta won the
Jakarta per Januari 1, 1999 operated by       and a proper “Blue” certificate for                 2019 Green Hotel Award as an




                                                                                                                                          Human Capital
PT Dharma Harapan Raya.                                                                           Environmentally Friendly Hotel.




                                                                                                                                          Human Capital
                                              Environmental Management.
                                                                                                • Opening of Elysee as a new lifestyle
                                                                                                  place at SCBD.
2002                                          2013
Entitas Anak PT Danayasa Arthatama            Penghargaan The First Prize of the Best
melakukan Penawaran Umum Perdana              Green Hotel dan World Luxury Hotel
sebanyak 100 juta lembar saham.               Awards 2013 untuk Hotel Borobudur
                                                                                                                                          Tata Kelola Perusahaan

A subsidiary, PT Danayasa Arthatama
                                                                                                                                           Corporate Governance



                                              Jakarta.
conducted an Initial Public Offering of 100
million shares.                               The First Prize of the Best Green Hotel
                                              and World Luxury Hotel Awards 2013 for
                                              Hotel Borobudur Jakarta.
2004
• Hotel Borobudur Jakarta menjadi             2014
  tempat penyelenggaraan pusat tabulasi
  untuk Pemilihan Umum 2004.
                                                                                                2021
                                              Fasilitas baru Borobudur Conference
• Penghargaan Indonesia Property Award        Centre dibuka di lantai 3A Hotel                  The Langham mulai      beroperasi   per
  kepada SCBD sebagai superblock yang
                                                                                                                                          Laporan Keberlanjutan




                                              Borobudur Jakarta.                                9 September 2021.
                                                                                                                                           Sustainability Report




  konsisten mengusung konsep kawasan
                                              The new Borobudur Conference Center               The Langham Jakarta commenced
  niaga terpadu.
                                              facility opened on the 3A floor of Hotel          operations as of September 9, 2021.
• Hotel Borobudur Jakarta became the
  venue for the tabulation center for the     Borobudur Jakarta.
  2004 General Election.
• The Indonesia Property Award for
  SCBD as a superblock that consistently
  carries the concept of an integrated
  commercial district.



                                                                                                2023 Integrated Annual Report       51
Page 54
PT Jakarta
    PT Jakarta
           International
                International
                         Hotels
                              Hotels
                                & Development
                                     & Development
                                               Tbk Tbk




Visi dan Misi
Vision and Mission [OJK C.1]




VISI
VISION
            Menjadi Pengembang dan Pengelola Properti Terkemuka
              dan Terpercaya Secara Nasional dan Internasional.
             Be the Leader and Trusted Property Developer and Management Both Nationally and
                                               Internationally.




Pengertian Visi                                                                Definition of Vision
•   Memiliki pertumbuhan yang berkesinambungan dan memberikan nilai            •   Have sustainable growth and provide long term investment value;
    investasi dalam jangka panjang;
•   Mempunyai manajemen yang berkualitas;                                      •   Have quality management;
•   Selalu melakukan inovasi terhadap produk dan layanan yang berkelanjutan;   •   Always bring continuous innovation of products and services;
•   Memiliki tanggung jawab sosial kepada masyarakat dan lingkungan; dan       •   Have social responsibility towards community and environment; and
•   Memiliki pengelolaan sumber daya yang profesional.                         •   Have a professional resource management.




MISI
MISSION
• Mementingkan penambahan nilai dari setiap pengembangan                   • To prioritize adding value from each property
  dan pengelolaan properti untuk meningkatkan kualitas.                      development and management to improve quality.
• Meningkatkan kualitas Sumber Daya Manusia yang                           • To improve the quality of Human Resources, as the
  merupakan Modal Utama Perusahaan dengan memberikan                         Company’s Main Capital by providing a comfortable and
  lingkungan kerja yang nyaman dan kompetitif.                               competitive work environment.
• Memberikan pelayanan yang prima dan berkesinambungan                     • To provide excellent and continuous services to all
  kepada seluruh pemangku kepentingan.                                       stakeholders.
• Memaksimalkan hasil yang diperoleh investor pemegang                     • To maximize the results obtained by shareholders and
  saham dan pemangku kepentingan lainnya.                                    other stakeholders.
• Memperhatikan dan menerapkan inovasi serta kreativitas                   • To observe and implement environmentally friendly
  yang ramah lingkungan.                                                     innovation and creativity.




52 52Laporan
         Laporan
             Tahunan
                 Tahunan
                     Terintegrasi
                          Terintegrasi
                                  20232023
Page 55
                                                                                             Integrating Excellence for Sustainability




Budaya Perusahaan




                                                                                                                                             Prologue
                                                                                                                                              Prolog
Company Culture




                                                                                                                                             Performamnce Highlights
Nilai Budaya Perusahaan adalah suatu nilai keberlanjutan               The Corporate Cultural Value is a sustainability value that becomes




                                                                                                                                                  Ikhtisar Kinerja
yang menjadi keyakinan dalam perilaku dan sikap kerja setiap           a belief of the Company's personnel behaviour and attitude. The
personel di Perseroan. Perseroan telah merumuskan Nilai Budaya         Company has formulated a new Corporate Cultural Value which
Perusahaan baru yang ditetapkan Direksi pada 1 Desember                was stipulated by the Board of Directors on December 1, 2023,
2023, yaitu Transform, Helpful, Respect, Innovative, Value dan         which is Transform, Helpful, Respect, Innovative, Value and
Excellence, yang disingkat “THRIVE.”                                   Excellence, or "THRIVE."




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
                     T
                                     Transform
                                     Berorientasi terhadap perubahan untuk tujuan jangka panjang.
                                     Oriented toward transformation to achieve long-term goals.




                                                                                                                                             Profil Perusahaan
                                                                                                                                              Company Profile
                    H
                                     Helpful
                                     Tolong-Menolong untuk meningkatkan produktivitas dalam bekerja.
                                     Help each other to achieve common goals.




                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                              Management Discussion and Analysis
                     R
                                     Respect
                                     Menghormati dan menghargai sesama untuk menciptakan kenyamanan bekerja.
                                     Upholding mutual respect and consideration to each other in order to create convenience
                                     work environment.




                      I
                                     Innovative



                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
                                     Memberikan layanan dan produk yang kreatif serta berdaya saing.
                                     Creating competitive services and products.


                                                                                                                                             Tata Kelola Perusahaan




                     V
                                                                                                                                              Corporate Governance




                                     Value
                                     Penambahan nilai pada produk dan layanan untuk memberikan hasil yang maksimal bagi
                                     pemangku kepentingan.
                                     Adding value on products and services to optimize the returns for stakeholders.




                     E               Excellence
                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                              Sustainability Report




                                     Berkomitmen dalam memberikan layanan dan produk yang unggul.
                                     Dedicated on providing excellent services and products.




                                                                                                       2023 Integrated Annual Report   53
Page 56
PT Jakarta International Hotels & Development Tbk




Keanggotaan pada Asosiasi
Membership in Associations [OJK C.5] [GRI 2-28]
Perseroan dan Entitas Anak tergabung dalam beberapa asosiasi                      The Company and its Subsidiaries are registered as members in
profesional untuk memperluas jaringan bisnis, media komunikasi                    several professional associations in order to expand their business
dan informasi, serta menjalin kemitraan yang lebih luas dengan                    network, communication and information media, and establish
berbagai pihak dalam mewujudkan inisiatif keberlanjutan.                          broader partnerships with various parties in realizing sustainability
                                                                                  initiatives.



             PERSEROAN                                                            ENTITAS ANAK/CUCU
                   COMPANY                                                    SUBSIDIARY/INDIRECT SUBSIDIARY

                                                                                     PT Artha Telekomindo




              Perhimpunan Hotel
        dan Restoran Indonesia (PHRI)
                                                  Asosiasi Penyelenggara Jaringan        Asosiasi Penyelenggara Jasa               Asosiasi Pengusaha
            Indonesian Hotels and
                                                     Telekomunikasi (APJATEL)              Internet Indonesia (APJII)              Indonesia (APINDO)
        Restaurants Association (PHRI)
                                               Indonesian Telecommunication Network       Indonesian Internet Service             Indonesian Employers'
                                                   Providers Association (APJATEL)        Providers Association (APJII)            Association (APINDO)


                                                                                    PT Pacific Place Jakarta


         Asosiasi Emiten Indonesia (AEI)
            Indonesian Public Listed
          Companies Association (AEI)

                                                  Asosiasi Pengusaha Retail                Asosiasi Pengelola Pusat       Asosiasi Pengusaha Indonesia
                                                    Indonesia (APRINDO)                   Belanja Indonesia (APPBI)                 (APINDO)
                                               Indonesian Retailers Association          Indonesian Shopping Center          Indonesian Employers'
                                                         (APRINDO)                       Managers Association (APPBI)         Association (APINDO)


             Asosiasi Sekretaris
         Perusahaan Indonesia (ICSA)
                                                                   Asosiasi Perusahaan Sahabat Anak
        Indonesian Corporate Secretary
                                                                   Indonesia (APSAI)
              Association (ICSA)
                                                                   Indonesian Children’s Friend
                                                                   Companies Association (APSAI)




Perubahan Organisasi yang Bersifat Signifikan
Significant Organizational Changes [OJK C.6]
Melalui Rapat Umum Pemegang Saham Tahunan (RUPST) Tahun                           Through the Annual General Meeting of Shareholders (AGMS)
Buku 2022 tanggal 27 Juni 2023, Perseroan telah melakukan                         of 2022 Fiscal Year held on June 27, 2023, the Company has
perubahan susunan Dewan Komisaris dan Direksi. Susunan                            changed the composition of its Board of Commissioners and
Dewan Komisaris berkurang dengan adanya pengunduran diri dari                     Board of Directors. The Board of Commissioners composition
Teuku Ashikin Husein. Pada susunan Direksi berubah dengan                         has changed with the resignation of Teuku Ashikin Husein. On
digantinya Arpin Wiradisastra oleh Santoso Gunara sebagai                         the other hand, the Board of Directors composition has changed
Presiden Direktur. Susunan terbaru Dewan Komisaris dan Direksi                    with the appointment of new President Director, Santoso Gunara
per 27 Juni 2023 adalah sebagai berikut:                                          to replace Arpin Wiradisastra. The latest composition of the Board
                                                                                  of Commissioners and Board of Directors as of June 27, 2023 is
                                                                                  as follows:

               Dewan Komisaris | Board of Commissioners                                                 Direksi | Board of Directors
              Presiden Komisaris | President Commissioner                                         Presiden Direktur | President Director
                           Sugianto Kusuma                                                                  Santoso Gunara
        Wakil Presiden Komisaris | Vice President Commissioner                                               Direktur | Director
                             Tomy Winata                                                                    Lanny Pujilestari Liga
                       Hartono Tjahjadi Adiwana                                                             Agung Rin Prabowo
                                                                                                               Hendi Lukman
           Komisaris Independen | Independent Commissioner                                                     Tony Soesanto
                             Ku Siew Kuan                                                                    Hendra Kurniawan
                             Lidwina Ong




54     Laporan Tahunan Terintegrasi 2023
Page 57
                                                                                         Integrating Excellence for Sustainability




Struktur Organisasi




                                                                                                                                       Prologue
                                                                                                                                        Prolog
Organizational Structure




                                                                                                                                       Performamnce Highlights
                                                                                                                                            Ikhtisar Kinerja
                                      Dewan Komisaris
                                    Board of Commissioners

                                       Presiden Komisaris
                                     President Commissioner
                                       SUGIANTO KUSUMA

                                     Wakil Presiden Komisaris




                                                                                                                                       Laporan Manajemen
                                                                                                                                       Management Report
                                   Vice President Commissioner
                                         TOMY WINATA
                                   HARTONO TJAHJADI ADIWANA

                                       Komisaris Independen                                         Komite Audit
                                    Independent Commissioner
                                                                                                   Audit Committee
                                         KU SIEW KUAN
                                         LIDWINA ONG                                                    Ketua




                                                                                                                                       Profil Perusahaan
                                                                                                     Chairperson




                                                                                                                                        Company Profile
                                                                                                    KU SIEW KUAN

                                                                                                       Anggota
                                                                                                       Member
                                            Direksi
                                                                                                     DEDY DJAFARLI
                                       Board of Directors                                          INDRA PRANAJAYA

                                        Presiden Direktur




                                                                                                                                       Analisis dan Pembahasan Manajemen
                                        President Director




                                                                                                                                        Management Discussion and Analysis
                                       SANTOSO GUNARA

                                            Direktur
                                            Director
                                     LANNY PUJILESTARI LIGA
                                      AGUNG RIN PRABOWO
                                         HENDI LUKMAN
                                        TONY SOESANTO
                                      HENDRA KURNIAWAN




                                                                 Sekretaris Perusahaan                 Unit Audit Internal




                                                                                                                                       Human Capital
                                                                                                                                       Human Capital
                                                                  Corporate Secretary                  Internal Audit Unit

                                                                   TONY SOESANTO                     Kepala Unit Audit Internal
                                                                                                      Head of Internal Audit
                                                                                                      BUDIANTO TIRTADJAJA
                                                                                                                                       Tata Kelola Perusahaan
                                                                                                                                        Corporate Governance




 Direktorat Human
                          Direktorat Human                Direktorat                  Direktorat                    Direktorat
    Data Record
                         Capital Management            Pengembangan                  Manajemen                      Keuangan
   dan Sekretaris
                            & Kepatuhan              Bisnis & Pemasaran                Properti                    dan Akunting
    Perusahaan
                           Human Capital            Marketing & Business               Property                    Finance and
Human Data Record
                           Management &                 Development                  Management                     Accounting
    & Corporate
                        Compliance Directorate           Directorate                  Directorate                   Directorate
Secretary Directorate
                                                                                                                                       Laporan Keberlanjutan
                                                                                                                                        Sustainability Report




                                                                                               2023 Integrated Annual Report      55
Page 58
PT Jakarta International Hotels & Development Tbk




Profil Dewan Komisaris
Profile of the Board of Commissioners



                                                   Sugianto Kusuma
                                                   Presiden Komisaris
                                                   President Commissioner

                                                   Kewarganegaraan                  Indonesia
                                                   Citizenship

                                                   Domisili                         Jakarta Utara
                                                   Domicile                         North Jakarta

                                                   Tempat dan Tanggal Lahir         Palembang, 10 Januari 1951
                                                   Place and Date of Birth          Palembang, January 10, 1951

                                                   Usia per 31 Desember 2023        72 tahun
                                                   Age as of December 31, 2023      72 years old




Latar Belakang Pendidikan                                               Educational Background

Pendiri dan Pemilik Artha Graha Network (AGN)                           Founder and Owner of Artha Graha Network (AGN)
Riwayat Jabatan                                                         Position History

Pengalaman Kerja                                                        Work Experience

1. PT Danayasa Arthatama:                                               1.    PT Danayasa Arthatama:
   • Komisaris (1991-1996)                                                    • Commissioner (1991-1996)
   • Komisaris Utama (2020-sekarang)                                          • President Commissioner (2020-present)
2. Komisaris PT First Jakarta International (1992-2013)                 2.    Commssioner of PT First Jakarta International (1992-2013)
3. Wakil Komisaris Utama PT Bank Artha Graha (1990-1999)                3.    Vice President Commissioner of PT Bank Artha Graha (1990-
                                                                              1999)
4. Komisaris PT Artha Telekomindo (1993-2003)                           4.    Commissioner of PT Artha Telekomindo (1993-2003)
5. Komisaris Utama PT Graha Sampoerna (1996-2002)                       5.    President Commissioner of PT Graha Sampoerna (1996-
                                                                              2002)
6. Komisaris Utama PT Bank Inter-Pacific Tbk (2004-2005)                6.    President Commissioner of PT Bank Inter-Pacific Tbk (2004-
                                                                              2005)
Karier di Perseroan                                                     Career at the Company

1.   Direktur (1991-1993)                                               1.    Director (1991-1993)
2.   Wakil Presiden Direktur (1993-1998)                                2.    Vice President Director (1993-1998)
3.   Wakil Presiden Komisaris (1998-2007)                               3.    Vice President Commissioner (1998-2007)
4.   Presiden Komisaris (2007-2009)                                     4.    President Commissioner (2007-2009)
5.   Wakil Presiden Komisaris (2009-2020)                               5.    Vice President Commissioner (2009-2020)
6.   Presiden Komisaris (2020-sekarang)                                 6.    President Commissioner (2020-present)
Dasar Pengangkatan                                                      Basis of Appointment

RUPSLB 23 Februari 2021                                                 EGMS on February 23, 2021
Jabatan Rangkap                                                         Concurrent Positions

1.   Komisaris Utama PT Kharisma Arya Paksi (1990-sekarang)             1. President Commissioner of PT Kharisma Arya Paksi
                                                                           (1990-present)
2. Wakil Komisaris Utama PT Bank Artha Graha Internasional              2. Vice President Commissioner of PT Bank Artha Graha
   Tbk (2005-sekarang)                                                     Internasional Tbk (2005-present)
3. Komisaris Utama PT Danayasa Arthatama (2020-sekarang)                3. President Commissioner of PT Danayasa Arthatama
                                                                           (2020-present)
4. Direktur Utama        PT   Pantai   Indah   Kapuk   Dua    Tbk       4. President Director of PT Pantai Indah Kapuk Dua Tbk
   (2023-sekarang)                                                         (2023-present)
Hubungan Afiliasi                                                       Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan anggota Dewan                   Unaffiliated with other members of the Board of Commissioners
Komisaris lainnya dan Direksi.                                          and the Board of Directors.
Jumlah Saham Perseroan                                                  Number of the Company’s Shares

-                                                                       -


56      Laporan Tahunan Terintegrasi 2023
Page 59
                                                                                              Integrating Excellence for Sustainability




                                                                                                                                             Prologue
                                                                                                                                              Prolog
                                                                                                                                             Performamnce Highlights
                                                                                                                                                  Ikhtisar Kinerja
                                                    Tomy Winata
                                                    Wakil Presiden Komisaris
                                                    Vice President Commissioner




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
                                                    Kewarganegaraan                      Indonesia
                                                    Citizenship

                                                    Domisili                             Jakarta Utara
                                                    Domicile                             North Jakarta

                                                    Tempat dan Tanggal Lahir             Jakarta, 23 Juli 1958
                                                    Place and Date of Birth              Jakarta, July 23, 1958

                                                    Usia per 31 Desember 2023            65 tahun




                                                                                                                                             Profil Perusahaan
                                                                                                                                              Company Profile
                                                    Age as of December 31, 2023          65 years old



Latar Belakang Pendidikan                                             Educational Background

Pendiri dan Pemilik Artha Graha Network (AGN) dan Artha Graha         Founder and Owner of PT Artha Graha Network and Artha Graha
Peduli (AGP)                                                          Peduli (AGP)




                                                                                                                                             Analisis dan Pembahasan Manajemen
Riwayat Jabatan                                                       Position History




                                                                                                                                              Management Discussion and Analysis
Pengalaman Kerja                                                      Work Experience

1.   Wakil Komisaris Utama PT Bank Artha Graha (1990-2005)            1. Vice President Commissioner of PT Bank Artha Graha (1990-
                                                                         2005)
2. PT Danayasa Arthatama:                                             2. PT Danayasa Arthatama:
   • Komisaris (1989)                                                    • Commissioner (1989)
   • Wakil Komisaris Utama (1989-1998)                                   • Vice President Commissioner (1990-1997)
   • Komisaris Utama (2013-2020)                                         • President Commissioner (2013-2020)
   • Komisaris (2023-sekarang)                                           • Commissioner (2023-present)
3. Komisaris Utama PT Artha Telekomindo (1993-1995)                   3. President Commissioner of PT Artha Telekomindo (1993-1995)
Karier di Perseroan                                                   Career at the Company

1.   Direktur (1990-1995)                                             1.   Director (1990-1995)
2.   Wakil Presiden Komisaris (1996-1998)                             2.   Vice President Commissioner (1996-1998)




                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
3.   Komisaris (1998-2007)                                            3.   Commissioner (1998-2007)
4.   Wakil Presiden Komisaris (2007-sekarang)                         4.   Vice President Commissioner (2007-present)
Dasar Pengangkatan                                                    Basis of Appointment

RUPSLB 23 Februari 2021                                               EGMS on February 23, 2021
Jabatan Rangkap                                                       Concurrent Positions
                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance



1. Direktur Utama PT Kharisma Arya Paksi. (1990-sekarang)             1. President Director of PT Kharisma Arya Paksi (1990-sekarang)
2. Wakil Komisaris Utama PT Bank Artha Graha Internasional            2. Vice President Commissioner of PT Bank Artha Graha
   Tbk (2005-sekarang)                                                   Internasional Tbk (2005-present)
3. Wakil Direktur Utama PT Buanagraha Arthaprima                      3. President Director of PT Buanagraha Arthaprima
   (2015-sekarang)                                                       (2015-present)
Hubungan Afiliasi                                                     Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan anggota Dewan                 Unaffiliated with other members of the Board of Commissioners
Komisaris lainnya dan Direksi.                                        and the Board of Directors.
                                                                                                                                             Laporan Keberlanjutan




Jumlah Saham Perseroan                                                Number of the Company’s Shares
                                                                                                                                              Sustainability Report




306.243.700 saham                                                     306,243,700 shares




                                                                                                        2023 Integrated Annual Report   57
Page 60
PT Jakarta International Hotels & Development Tbk




                                                    Hartono Tjahjadi Adiwana
                                                    Wakil Presiden Komisaris
                                                    Vice President Commissioner

                                                    Kewarganegaraan                      Indonesia
                                                    Citizenship

                                                    Domisili                             Jakarta Barat
                                                    Domicile                             West Jakarta

                                                    Tempat dan Tanggal Lahir             Jakarta, 27 Desember 1969
                                                    Place and Date of Birth              Jakarta, December 27, 1969

                                                    Usia per 31 Desember 2023            54 tahun
                                                    Age as of December 31, 2023          54 years old




Latar Belakang Pendidikan                                             Educational Background

BA, American College Singapore (1992)                                 BA, American College Singapore (1992)
Riwayat Jabatan                                                       Position History

Pengalaman Kerja                                                      Work Experience

1. PT Danayasa Arthatama:                                             1. PT Danayasa Arthatama:
   • Wakil Direktur Utama (1999-2008)                                    • Vice President Director (1999-2008)
   • Direktur (2008-2012)                                                • Director (2008-2012)
   • Komisaris (2012-2023)                                               • Commissioner (2012-2023)
2. Komisaris Utama PT Artha Telekomindo (2000-2006)                   2. President Commissioner of PT Artha Telekomindo (2000-
                                                                         2006)
3. Komisaris PT Electronic City Indonesia (2002-2006)                 3. President Commissioner of PT Electronic City Indonesia
                                                                         (2002-2006)
Karier di Perseroan                                                   Career at the Company

1.   Direktur (1998-2013)                                             1.   Director (1998-2013)
2.   Wakil Presiden Direktur (2013-2017)                              2.   Vice President Director (2013-2017)
3.   Presiden Direktur (2017-2020)                                    3.   President Director (2017-2020)
4.   Wakil Presiden Komisaris (2020-sekarang)                         4.   Vice President Commissioner (2020-present)
Dasar Pengangkatan                                                    Basis of Appointment

RUPSLB 23 Februari 2021                                               EGMS on February 23, 2021
Jabatan Rangkap                                                       Concurrent Positions

1. Komisaris PT Dharma Harapan Raya (1998-sekarang)                   1. Commissioner of PT Dharma Harapan Raya (1998-present)
2. Komisaris Utama PT Electronic City Indonesia Tbk                   2. President Commissioner of PT Electronic City Indonesia Tbk
   (2006-sekarang)                                                       (2006-present)
3. Komisaris PT Pacific Place Jakarta (2007-sekarang)                 3. Commissioner of PT Pacific Place Jakarta (2007-present)
4. Komisaris PT Graha Sampoerna (2008-sekarang)                       4. Commissioner of PT Graha Sampoerna (2008-present)
5. Komisaris PT Artharaya Unggul Abadi (2008-sekarang)                5. Commissioner of PT Artharaya Unggul Abadi (2008-present)
Hubungan Afiliasi                                                     Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan anggota Dewan                 Unaffiliated with other members of the Board of Commissioners,
Komisaris lainnya, Direksi dan pemegang saham utama.                  the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                Number of the Company’s Shares

-                                                                     -




58      Laporan Tahunan Terintegrasi 2023
Page 61
                                                                                              Integrating Excellence for Sustainability




                                                                                                                                             Prologue
                                                                                                                                              Prolog
                                                                                                                                             Performamnce Highlights
                                                                                                                                                  Ikhtisar Kinerja
                                                    Ku Siew Kuan
                                                    Komisaris Independen
                                                    Independent Commissioner




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
                                                    Kewarganegaraan                      Singapura
                                                    Citizenship                          Singapore

                                                    Domisili                             Jakarta Pusat
                                                    Domicile                             Central Jakarta

                                                    Tempat dan Tanggal Lahir             Singapura, 3 Juni 1971
                                                    Place and Date of Birth              Singapore, June 3, 1971

                                                    Usia per 31 Desember 2023            52 tahun




                                                                                                                                             Profil Perusahaan
                                                    Age as of December 31, 2023          52 years old




                                                                                                                                              Company Profile
Latar Belakang Pendidikan                                             Educational Background

1. BE., University of London                                          1. BE., University of London
2. MBA., University of Hull                                           2. MBA., University of Hull




                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                              Management Discussion and Analysis
Riwayat Jabatan                                                       Position History

Pengalaman Kerja                                                      Work Experience

1. Direktur Penggerang Pte. Ltd. (1995-2008)                          1. Director of Penggerang Pte. Ltd. (1995-2008)
2. Penasehat PT Dharma Harapan Raya (2008-2017)                       2. Advisor of PT Dharma Harapan Raya (2008-2017)
Karier di Perseroan                                                   Career at the Company

1. Komisaris Independen (2017-sekarang)                               1. Independent Commissioner (2017-present)
2. Komite Audit:                                                      2. Audit Committee:
   • Anggota (2018-2021)                                                 • Member (2018-2021)
   • Ketua (2021-sekarang)                                               • Chairman (2021-present)
Dasar Pengangkatan                                                    Basis of Appointment

RUPSLB 23 Februari 2021                                               EGMS on February 23, 2021




                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
Jabatan Rangkap                                                       Concurrent Positions

1. Komisaris PT Danayasa Arthatama (2020-sekarang)                    1. Commissioner of PT Danayasa Arthatama (2020-present)
2. Komisaris PT Electronic City Indonesia Tbk (2020-sekarang)         2. Commissioner of PT Electronic City Indonesia Tbk
                                                                         (2020-present)
Hubungan Afiliasi                                                     Affiliated Relations
                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance



Tidak memiliki hubungan Afiliasi dengan anggota Dewan                 Unaffiliated with other members of the Board of Commissioners,
Komisaris lainnya, Direksi dan pemegang saham utama.                  the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                Number of the Company’s Shares

-                                                                     -
                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                              Sustainability Report




                                                                                                        2023 Integrated Annual Report   59
Page 62
PT Jakarta International Hotels & Development Tbk




                                             Lidwina Ong
                                             Komisaris Independen
                                             Independent Commissioner

                                             Kewarganegaraan                      Indonesia
                                             Citizenship

                                             Domisili                             Jakarta Utara
                                             Domicile                             North Jakarta

                                             Tempat dan Tanggal Lahir             Sorong, 30 Juli 1960
                                             Place and Date of Birth              Sorong, July 30, 1960

                                             Usia per 31 Desember 2023            63 tahun
                                             Age as of December 31, 2023          63 years old




Riwayat Jabatan                                                Position History

Karier di Perseroan                                            Career at the Company

Komisaris Independen (2020-sekarang)                           Independent Commissioner (2020-present)
Dasar Pengangkatan                                             Basis of Appointment

RUPSLB 23 Februari 2021                                        EGMS on February 23, 2021
Jabatan Rangkap                                                Concurrent Positions

-
Hubungan Afiliasi                                              Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan anggota Dewan          Unaffiliated with other members of the Board of Commissioners,
Komisaris lainnya, Direksi dan pemegang saham utama.           the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                         Number of the Company’s Shares

-                                                              -




60      Laporan Tahunan Terintegrasi 2023
Page 63
                                                                                                   Integrating Excellence for Sustainability




Profil Direksi




                                                                                                                                                    Prologue
                                                                                                                                                     Prolog
Profile of the Board of Directors




                                                                                                                                                    Performamnce Highlights
                                                                                                                                                         Ikhtisar Kinerja
                                                      Santoso Gunara
                                                      Presiden Direktur
                                                      President Director




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
                                                      Kewarganegaraan                         Indonesia
                                                      Citizenship

                                                      Domisili                                Jakarta Barat
                                                      Domicile                                West Jakarta

                                                      Tempat dan Tanggal Lahir                Jakarta, 19 September 1958
                                                      Place and Date of Birth                 Jakarta, September 19, 1958

                                                      Usia per 31 Desember 2023               65 tahun




                                                                                                                                                    Profil Perusahaan
                                                      Age as of December 31, 2023             65 years old




                                                                                                                                                     Company Profile
Latar Belakang Pendidikan                                                  Educational Background

1. BSc. California State University                                        1. BSc, from California State University
2. MBA, Golden Gate University (1985)                                      2. MBA, from Golden Gate University (1985)




                                                                                                                                                    Analisis dan Pembahasan Manajemen
                                                                                                                                                     Management Discussion and Analysis
Riwayat Jabatan                                                            Position History

Pengalaman Kerja                                                           Work Experience

1. Direktur Utama PT Danareksa Jakarta International (1992)                1.   President Director of PT Danareksa Jakarta International
                                                                                (1992)
2. Direktur Utama PT Arthagraha Sentral (1995)                             2.   President Director of PT Arthagraha Sentral (1995)
3. Direktur Utama PT Arthayasa Grahatama (1995)                            3.   President Director of PT Arthayasa Grahatama (1995)
4. Komisaris Utama PT Dharma Harapan Raya (1998)                           4.   President Commissioner of PT Dharma Harapan Raya (1998)
5. PT Danayasa Arthatama:                                                  5.   PT Danayasa Arthatama:
   • Komisaris (1998-2002)                                                      • Commissioner (1998-2002)
   • Wakil Komisaris Utama (2002-2008)                                          • Vice President Commissioner (2002-2008)
   • Komisaris Utama (2010-2013)                                                • President Commissioner (2010-2013)
   • Direktur Utama (2013-2023)                                                 • President Director (2013-2023)

Karier di Perseroan                                                        Career at the Company




                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
1. Wakil Presiden Direktur (1998-2012)                                     1. Vice President Director (1998-2012)
2. Komisaris (2020-2021)                                                   2. Commissioner (2020-2021)
Dasar Pengangkatan                                                         Basis of Appointment

RUPST 27 Juni 2023                                                         AGMS on June 27, 2023
Jabatan Rangkap                                                            Concurrent Positions
                                                                                                                                                    Tata Kelola Perusahaan
                                                                                                                                                     Corporate Governance




1. Direktur Utama PT First Jakarta International (1992-sekarang)           1. President Director of PT First Jakarta International (1992-present)
2. Direktur Utama PT Pacific Place Jakarta (2008-sekarang)                 2. President Director of PT Pacific Place Jakarta (2008-present)
3. Direktur Utama PT Graha Sampoerna (2008-sekarang)                       3. President Director of PT Graha Sampoerna (2008-present)
4. Direktur Utama PT Grahamas Adisentosa (2013-sekarang)                   4. President Director of PT Grahamas Adisentosa (2013-present)
5. Komisaris Utama PT Artharaya Bintang Semesta                            5. President Commissioner of PT Artharaya Bintang Semesta
   (2016-sekarang)                                                            (2016-present)
6. Komisaris PT Kreasi Cipta Karsa (2018-sekarang)                         6. Commissioner PT Kreasi Cipta Karsa (2018-present)
Hubungan Afiliasi                                                          Affiliated Relations
                                                                                                                                                    Laporan Keberlanjutan




Tidak memiliki hubungan Afiliasi dengan anggota Dewan                      Unaffiliated with other member of the Board Commissioners, the
                                                                                                                                                     Sustainability Report




Komisaris lainnya, Direksi dan pemegang saham utama.                       Board of Directors, and majority shareholders.
Jumlah Saham Perseroan                                                     Number of the Company’s Shares

742.500 saham                                                              742,500 shares




                                                                                                             2023 Integrated Annual Report    61
Page 64
PT Jakarta International Hotels & Development Tbk




                                                       Lanny Pujilestari Liga
                                                       Direktur Manajemen Properti
                                                       Director of Property Management

                                                       Kewarganegaraan                      Indonesia
                                                       Citizenship

                                                       Domisili                             Jakarta Pusat
                                                       Domicile                             Central Jakarta

                                                       Tempat dan Tanggal Lahir             Jakarta, 24 Juni 1964
                                                       Place and Date of Birth              Jakarta, June 24, 1964

                                                       Usia per 31 Desember 2023            59 tahun
                                                       Age as of December 31, 2023          59 years old




Latar Belakang Pendidikan                                                Educational Background

SI Akuntansi, Universitas Trisakti (1990)                                Bachelor of Accounting, Trisakti University (1990)
Riwayat Jabatan                                                          Position History

Pengalaman Kerja                                                         Work Experience

1. SC Manager KAP Prasetio Utomo & Co. – Andersen                        1. SC Manager of KAP Prasetio Utomo & Co. –Andersen
   Indonesia (1989-1999)                                                    Indonesia (1989-1999)
2. Financial Controller Hotel Borobudur Jakarta (1999-2013)              2. Financial Controller of Hotel Borobudur Jakarta (1999-2013)
Karier di Perseroan                                                      Career at the Company

1.   Senior Finance & Accounting Manager (2013-2014)                     1.   Senior Finance & Accounting Manager (2013-2014)
2.   Sekretaris Perusahaan (2014-2017)                                   2.   Corporate Secretary (2014-2017)
3.   Direktur (2017-2018)                                                3.   Director (2017-2018)
4.   Wakil Presiden Direktur (2018-2020)                                 4.   Vice President Director (2018-2020)
5.   Direktur (2020-sekarang)                                            5.   Director (2020-present)
Dasar Pengangkatan                                                       Basis of Appointment

RUPSLB 23 Februari 2021                                                  EGMS on February 23, 2021
Jabatan Rangkap                                                          Concurrent Positions

Direktur PT Panduneka Sejahtera (2019-sekarang)                          Director of PT Panduneka Sejahtera (2019-present)
Hubungan Afiliasi                                                        Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan Dewan Komisaris,                 Unaffiliated with other members of the Board of Commissioners,
Anggota Direksi lainnya dan pemegang saham utama.                        the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                   Number of the Company’s Shares

30.000 saham                                                             30,000 Shares




62      Laporan Tahunan Terintegrasi 2023
Page 65
                                                                                                    Integrating Excellence for Sustainability




                                                                                                                                                   Prologue
                                                                                                                                                    Prolog
                                                                                                                                                   Performamnce Highlights
                                                                                                                                                        Ikhtisar Kinerja
                                                          Agung Rin Prabowo
                                                          Direktur Human Capital & Kepatuhan
                                                          Director of Human Capital & Compliance




                                                                                                                                                   Laporan Manajemen
                                                                                                                                                   Management Report
                                                          Kewarganegaraan                      Indonesia
                                                          Citizenship

                                                          Domisili                             Tangerang Selatan
                                                          Domicile                             South Tangerang

                                                          Tempat dan Tanggal Lahir             Jakarta, 9 Mei 1960
                                                          Place and Date of Birth              Jakarta, May 9, 1960

                                                          Usia per 31 Desember 2023            63 tahun




                                                                                                                                                   Profil Perusahaan
                                                          Age as of December 31, 2023          63 years old




                                                                                                                                                    Company Profile
Latar Belakang Pendidikan                                                   Educational Background

1.   S1 Teknik Sipil, Institut Teknologi Bandung (1984)                     1. Bachelor of Civil Engineering, Bandung Institute of Technology
                                                                               (1984)
2. S2 Sistem dan Teknik Jalan Raya Institut Teknologi Bandung               2. MSc, Highway Engineering & System Bandung Institute of




                                                                                                                                                   Analisis dan Pembahasan Manajemen
                                                                                                                                                    Management Discussion and Analysis
   berkolaborasi dengan inggris menyesuaikan                                   Technology in Collaboration with University College London
                                                                               (1989)
Riwayat Jabatan                                                             Position History

Pengalaman Kerja                                                            Work Experience

1. Teknik Sipil PT APARC (1984-1985)                                        1. Civil Engineer PT APARC (1984-1985)
2. Manajer Proyek PT Bandung Raya Utama (1985-1986)                         2. Project Manager of PT Bandung Raya Utama (1985-1986)
3. Pengembangan Bisnis PT Citra Patenindo Nusa Pratama                      3. Business Development Officer PT Citra Patenindo Nusa
   (1989-1991)                                                                 Pratama (1989-1991)
4. PT Danayasa Arthatama:                                                   4. PT Danayasa Arthatama:
   • Manajer Proyek (1995-1997)                                                • Manajer Proyek (1995-1997)
   • Kepala Departemen Infrastruktur (1997-1999)                               • Kepala Departemen Infrastruktur (1997-1999)
   • Kepala Departemen Pengelola Kawasan (1999-2007)                           • Kepala Departemen Pengelola Kawasan (1999-2007)
   • Direktur (2008-2020)                                                      • Direktur (2008-2020)




                                                                                                                                                   Human Capital
                                                                                                                                                   Human Capital
Karier di Perseroan                                                         Career at the Company

Direktur (2020-sekarang)                                                    Director (2020-present)
Dasar Pengangkatan                                                          Basis of Appointment

RUPSLB 23 Februari 2021                                                     EGMS on February 23, 2021
                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                    Corporate Governance



Jabatan Rangkap                                                             Concurrent Positions

1.   Direktur PT Esagraha Puripratama (2008-sekarang)                       1.   Director of PT Esagraha Puripratama (2008-present)
2.   Direktur PT Adinusa Puripratama (2009-sekarang)                        2.   Director of PT Adinusa Puripratama (2009-present)
3.   Direktur PT Pandugraha Sejahtera (2009-sekarang)                       3.   Director of PT Pandugraha Sejahtera (2009-present)
4.   Komisaris PT Adimas Utama (2009-sekarang)                              4.   Commissioner of PT Adimas Utama (2009-present)
5.   Komisaris PT Citra Adisarana (2009-sekarang)                           5.   Commissioner of PT Citra Adisarana (2009-present)
6.   Komisaris PT Trinusa Wiragraha (2009-sekarang)                         6.   Commissioner of PT Trinusa Wiragraha (2009-present)
7.   Direktur PT Grahamas Adisentosa (2010-sekarang)                        7.   Director of PT Grahamas Adisentosa (2010-present
8.   Komisaris PT Panduneka Abadi (2018-sekarang)                           8.   Commissioner of of PT Panduneka Abadi (2018-present)
                                                                                                                                                   Laporan Keberlanjutan




Hubungan Afiliasi                                                           Affiliated Relations
                                                                                                                                                    Sustainability Report




Tidak memiliki hubungan Afiliasi dengan Dewan Komisaris,                    Unaffiliated with other members of the Board of Commissioners,
anggota Direksi lainnya dan pemegang saham utama.                           the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                      Number of the Company’s Shares

-                                                                           -




                                                                                                              2023 Integrated Annual Report   63
Page 66
PT Jakarta International Hotels & Development Tbk




                                                        Hendi Lukman
                                                        Direktur Pengembangan Bisnis & Pemasaran
                                                        Director of Business Development & Marketing

                                                        Kewarganegaraan                      Indonesia
                                                        Citizenship

                                                        Domisili                             Jakarta Barat
                                                        Domicile                             West Jakarta

                                                        Tempat dan Tanggal Lahir             Jakarta, 30 November 1982
                                                        Place and Date of Birth              Jakarta, November 30, 1982

                                                        Usia per 31 Desember 2023            41 tahun
                                                        Age as of December 31, 2023          41 years old




Latar Belakang Pendidikan                                                 Educational Background

1.   S1 Teknik Industri, Universitas Pelita Harapan (2004)                1. Bachelor’s degree in Industrial Engineering, University of
                                                                             Pelita Harapan (2004)
2. S2 Manajemen, Universitas Bina Nusantara (2006)                        2. Master’s degree in Management, University of Bina
                                                                             Nusantara (2006)
Riwayat Jabatan                                                           Position History

Pengalaman Kerja                                                          Work Experience

1. Direktur Utama PT Harta Larasindo (2006-2017)                          1. President Director of PT Harta Larasindo (2006-2017)
2. Direktur Utama PT Konsep Cipta Cemerlang (2009-2017)                   2. President Director of PT Konsep Cipta Cemerlang (2009-2017)
3. Direktur Utama PT Tirta Wahana Bali International (2012-               3. President Director of PT Tirta Wahana Bali International (2012-
   2013)                                                                     2013)
Karier di Perseroan                                                       Career at the Company

1. Direktur (2012-sekarang)                                               1. Director (2012-present)
2. Sekretaris Perusahaan (2018-2020)                                      2. Corporate Secretary (2018-2020)
Dasar Pengangkatan                                                        Basis of Appointment

RUPSLB 23 Februari 2021                                                   EGMS on February 23, 2021
Jabatan Rangkap                                                           Concurrent Positions

1. Komisaris PT Harta Larasindo (2017-sekarang)                           1. Commissioner of PT Harta Larasindo (2017-present)
2. Komisaris PT Towerindo Utama Karya (2019-sekarang)                     2. Commissioner of PT Towerindo Utama Karya (2019-present)
Hubungan Afiliasi                                                         Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan Dewan Komisaris,                  Unaffiliated with other members of the Board of Commissioners,
Anggota Direksi lainnya dan pemegang saham utama.                         the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                    Number of the Company’s Shares

-                                                                         -




64      Laporan Tahunan Terintegrasi 2023
Page 67
                                                                                              Integrating Excellence for Sustainability




                                                                                                                                              Prologue
                                                                                                                                               Prolog
                                                                                                                                              Performamnce Highlights
                                                                                                                                                   Ikhtisar Kinerja
                                                     Tony Soesanto
                                                     Director of Human Data Records and Company Secretary
                                                     Director of Human Data Record and Corporate Secretary




                                                                                                                                              Laporan Manajemen
                                                                                                                                              Management Report
                                                     Kewarganegaraan                      Indonesia
                                                     Citizenship

                                                     Domisili                             Jakarta Selatan
                                                     Domicile                             South Jakarta

                                                     Tempat dan Tanggal Lahir             Surabaya, 13 Maret 1978
                                                     Place and Date of Birth              Surabaya, March 13, 1978

                                                     Usia per 31 Desember 2023            45 tahun




                                                                                                                                              Profil Perusahaan
                                                     Age as of December 31, 2023          45 years old




                                                                                                                                               Company Profile
Latar Belakang Pendidikan                                              Educational Background

1. BBA Administrasi Bisnis, University of Technology, Sydney,          •   Bachelor of Business Administration, University of Technology
   Australia (2000)                                                        Sydney, Australia (2000)
2. M.Si (Han) Strategi Pertahanan, Universitas Pertahanan              •   M.Si (Han) Defense Strategy, Indonesian Defense University




                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                               Management Discussion and Analysis
   Indonesia (2013)                                                        (2013)
Riwayat Jabatan                                                        Position History

Pengalaman Kerja                                                       Work Experience

PT Danayasa Arthathama Tbk:                                            PT Danayasa Arthatama Tbk:
• Sekretaris Perusahaan (2012-2014)                                    • Corporate Secretary (2012-2014)
• Direktur (2014-2017)                                                 • Director (2014-2018)

Karier di Perseroan                                                    Career at the Company

Direktur (2019-sekarang)                                               Director (2019-present)
Dasar Pengangkatan                                                     Basis of Appointment

RUPSLB 23 Februari 2021                                                EGMS on February 23, 2021




                                                                                                                                              Human Capital
                                                                                                                                              Human Capital
Jabatan Rangkap                                                        Concurrent Positions

1. Direktur PT Citra Wiradaya (2013-sekarang)                          1. Director of PT Citra Wiradaya (2013-present)
2. Direktur PT Grahamas Adisentosa (2013-sekarang)                     2. Director of PT Grahamas Adisentosa (2013-present)
Hubungan Afiliasi                                                      Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan Dewan Komisaris,               Unaffiliated with other members of the Board of Commissioners,
                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                               Corporate Governance



Anggota Direksi lainnya dan pemegang saham utama.                      the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                 Number of the Company’s Shares

917.200 saham                                                          917,200 Shares
                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                               Sustainability Report




                                                                                                         2023 Integrated Annual Report   65
Page 68
PT Jakarta International Hotels & Development Tbk




                                                   Hendra Kurniawan
                                                   Direktur Keuangan & Akunting
                                                   Director of Financial & Accounting

                                                   Kewarganegaraan                       Indonesia
                                                   Citizenship

                                                   Domisili                              Jakarta Utara
                                                   Domicile                              North Jakarta

                                                   Tempat dan Tanggal Lahir              Teluk Betung, 17 Juni 1974
                                                   Place and Date of Birth               Teluk Betung, June 17, 1974

                                                   Usia per 31 Desember 2023             49 tahun
                                                   Age as of December 31, 2023           49 years old




Latar Belakang Pendidikan                                             Educational Background

S1 Akuntansi, Universitas Tarumanagara (1997)                         Bachelor’s degree in Accounting, Tarumanagara University (1997)
Riwayat Jabatan                                                       Position History

Pengalaman Kerja                                                      Work Experience

1. Supervisor KAP Prasetio & Co. – Andersen Indonesia (1997-          1. Supervisor at KAP Prasetio & Co. – Andersen Indonesia (1997-
   2001)                                                                 2001)
2. Financial Controller PT Techking Enterprises (2001-2014)           2. Financial Controller of PT Techking Enterprises (2001-2014)
3. Kepala Departemen Akunting PT Danayasa Arthatama Tbk               3. Head of Accounting Department of PT Danayasa Arthatama
   (2015-2020)                                                           Tbk (2015-2020)
Karier di Perseroan                                                   Career at the Company

1. Manajer Akuntansi (2014-2015)                                      1. Accounting Manager (2014-2015)
2. Direktur (2020-sekarang)                                           2. Director (2020-present)
Dasar Pengangkatan                                                    Basis of Appointment

RUPSLB 23 Februari 2021                                               EGMS on February 23, 2021
Jabatan Rangkap                                                       Concurrent Positions

-                                                                     -
Hubungan Afiliasi                                                     Affiliated Relations

Tidak memiliki hubungan Afiliasi dengan Dewan Komisaris,              Unaffiliated with other members of the Board of Commissioners,
Anggota Direksi lainnya dan pemegang saham utama.                     the Board of Directors, and majority shareholder.
Jumlah Saham Perseroan                                                Number of the Company’s Shares

-                                                                     -




66      Laporan Tahunan Terintegrasi 2023
Page 69
                                                                                             Integrating Excellence for Sustainability




Struktur Grup




                                                                                                                                                Prologue
                                                                                                                                                 Prolog
Group Structure




                                                                                                                                                Performamnce Highlights
                                                                                                                                                     Ikhtisar Kinerja
                                                                                                                                                Laporan Manajemen
                                                                                                                                                Management Report
    PT First Jakarta                PT Dharma                      PT Danayasa               PT Panduneka           PTJakarta International
     International              Harapan Raya (1998)               Arthatama (1987)          Sejahtera (1995)         Hotel Management
         9,31%                       60,00%                            82,41%                   99,99%                     90,00%




                                                                                                                                                Profil Perusahaan
                                                                                                                                                 Company Profile
       PT Artha
                                   Telekomunikasi                                              Properti
  Telekomindo (1993)
                                 Telecommunication                                             Property
        99,99%




                                                                                                                                                Analisis dan Pembahasan Manajemen
                                                                                                                                                 Management Discussion and Analysis
                                                                                                                       PT Majumakmur
                                    PT Artharaya             PT Pacific Place Jakarta   PT Adinusa Puripratama
                                                                                                                        Arthasentosa
                               Bintang Semesta (2016)            Lot 3 & 5 (1995)            Lot 13 (1995)
                                                                                                                        Lot 23A (1995)
                                       63,64%                        55,00%                    99,99%
                                                                                                                            51,00%



                              PT Grahamas Adisentosa          PT Graha Sampoerna         PT Nusagraha Adicitra      PT Andana Utamagraha
                                    Lot 6 (1995)                  Lot 9 (1995)               Lot 14 (1995)              Lot 23B (1995)
                                      99,99%                        99,67%                     99,99%                       51,00%



                                PT Artharaya Unggul
                                                                                        PT Pandugraha Sejahtera   PT Primagraha Majumakmur
                                       Abadi
                                                                                              Lot 16 (1995)              Lot 20 (1993)
                                    Lot 7 (1995)
                                                                                                99,99%                     99,99%
                                      99,99%




                                                                                                                                                Human Capital
                                                                                                                                                Human Capital
                               PT Intigraha Arthayasa                                      PT Citra Wiradaya             PT Esagraha
                                     Lot 8 (1995)                                            Lot 18 (1995)            Puripratama (1995)
                                       99,99%                                                   99,99%                      99,92%              Tata Kelola Perusahaan
                                                                                                                                                 Corporate Governance




                                                                                          PT Panduneka Abadi             PT Adimas
                              PT Citra Adisarana (1995)
                                                                                              Lot 19 (1995)             Utama (1995)
                                       99,99%
                                                                                                99,99%                    99,20%




                                  PT Pusat Graha                                        PT Grahaputra Sentosa        Ace Equity Holdings
                                  Makmur (1994)                                              Lot 21 (1995)                Ltd (2012)
                                      99,60%                                                   99,99%                       100%
                                                                                                                                                Laporan Keberlanjutan
                                                                                                                                                 Sustainability Report




                                                                                              PT Trinusa
                                                                                           Wiragraha (1995)
                                                                                               99,20%
 Sudah beroperasi/Has been operating
 Belum beroperasi komersial/Has not been operating commercially
 Dihentikan sementara/Temporary closed




                                                                                                     2023 Integrated Annual Report         67
Page 70
PT Jakarta International Hotels & Development Tbk




Daftar Entitas Anak dan Asosiasi
Subsidiaries and Associate Entities

Daftar Entitas Anak Perseroan
Subsidiaries and Associate Entities
       Nama dan Alamat Entitas Anak                        Bidang Usaha                                            Jumlah Aset (dalam ribuan Rp)
 No.
       Name and Address of Subsidiaries                    Line of Business                                          Total Assets (in thousand Rp)
Gedung Artha Graha Lt. 12 – SCBD Lot 25
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
  1    PT Danayasa Arthatama                               Real Estat | Real Estate                                               5.939.795.425
Gedung Artha Graha Lt. 12 – SCBD Lot 25
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190

 2     PT Dharma Harapan Raya                              Jasa Manajemen Perhotelan                                                  20.195.418
                                                           Hotel Management Services
 3     PT Panduneka Sejahtera                              Pembangunan dan pengelolaan gedung                                        132.740.766
                                                           Office building development and management
 4     PT Jakarta International Hotels Management          Jasa Manajemen Perhotelan                                                             -
                                                           Hotel Management Services
Gedung Bursa Efek Indonesia Tower II Lt. 28 – SCBD Lot 2
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
 5     PT First Jakarta International                      Pembangunan dan pengelolaan gedung                                                    -
                                                           Office building development and management


Daftar Entitas Anak PT Danayasa Arthatama
List of Subsidiaries of PT Danayasa Arthatama
       Nama dan Alamat Entitas Anak                        Bidang Usaha                                            Jumlah Aset (dalam ribuan Rp)
 No.
       Name and Address of Subsidiaries                    Line of Business                                          Total Assets (in thousand Rp)
18 Parc Place Tower A Lt. 3 – SCBD Lot 18
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
  1    PT Artha Telekomindo (AT)                           Telekomunikasi | Telecommunication                                       392.665.133
Gedung Artha Graha Lt. 12 – SCBD Lot 25
Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
 2     PT Primagraha Majumakmur (PGMM)                     Pengembangan real estat dan agen pemasaran apartemen                           37.598
                                                           Development of real estate and marketing agent for
                                                           apartment building
 3     PT Pusatgraha Makmur (PGM)                          Perdagangan | Trading                                                          49.500
 4     PT Adimas Utama (AMU)                               Perdagangan | Trading                                                          18.200
 5     PT Adinusa Puripratama (AP)                         Pembangunan dan pengelolaan gedung                                       889.337.058
                                                           Building construction and management
 6     PT Andana Utamagraha (AU)                           Pengembangan apartemen                                                     18.051.837
                                                           Development of apartment
  7    PT Citra Adisarana (CA)                             Pembangunan dan pengelolaan hotel dan gedung                                          -
                                                           perkantoran
                                                           Hotel construction and management and office building
                                                           management
 8     PT Citra Wiradaya (CW)                              Pembangunan dan pengelolaan gedung                                        98.323.954
                                                           Building construction and management
 9     PT Esagraha Puripratama (EP)                        Perdagangan | Trading                                                        249.000
 10    PT Nusagraha Adicitra (NA)                          Pembangunan dan pengelolaan gedung                                       100.335.923
                                                           Building construction and management
 11    PT Pandugraha Sejahtera (PGS)                       Pembangunan dan pengelolaan gedung                                        112.081.943
                                                           Building construction and management
 12    PT Panduneka Abadi (PA)                             Pembangunan dan pengelolaan gedung                                        69.085.472
                                                           Building construction and management
 13    PT Trinusa Wiragraha (TW)                           Perdagangan | Trading                                                       3.079.421
 14    PT Artharaya Bintang Semesta (ABS)                  Penyertaan saham | Holding company                                     1.204.059.670
Gedung Artha Graha Lt. 6 – SCBD Lot 25
Jl. Jend. Sudirman Kav, 52-53, Jakarta 12190
 15    PT Grahaputra Sentosa (GPS)                         Pembangunan dan pengelolaan gedung                                         141.175.597
                                                           Building construction and management
Gedung Bursa Efek Indonesia Tower II Lt. 28 – SCBD Lot 2
Jl. Jend. Sudirman Kav, 52-53, Jakarta 12190
 16    PT Artharaya Unggul Abadi (AUA)                     Pembangunan dan pengelolaan gedung                                        152.633.401
                                                           Building construction and management


68      Laporan Tahunan Terintegrasi 2023
Page 71
                                                                                                                           Integrating Excellence for Sustainability




         Nama dan Alamat Entitas Anak                                   Bidang Usaha                                                            Jumlah Aset (dalam ribuan Rp)
 No.
         Name and Address of Subsidiaries                               Line of Business                                                          Total Assets (in thousand Rp)




                                                                                                                                                                                  Prologue
                                                                                                                                                                                   Prolog
  17     PT Grahamas Adisentosa (GA)                                    Pembangunan dan pengelolaan gedung                                                       655.221.395
                                                                        Building construction and management
  18     PT Intigraha Arthayasa (IA)                                    Perhotelan dan pariwisata                                                                321.499.306
                                                                        Hotel and tourism




                                                                                                                                                                                  Performamnce Highlights
 Jl. Pangeran Jayakarta 115 Blok A/22-23, Jakarta 10730




                                                                                                                                                                                       Ikhtisar Kinerja
  19     PT Majumakmur Arthasentosa (MAS)                               Pengembang hotel dan apartemen                                                             107.498.731
                                                                        Development of hotel and apartments
 Road Town, Tortola, British Virgin Island
 20      Ace Equity Holdings Ltd. (ACE)                                 Penyertaan saham | Holding company                                                                    -

         Nama dan Alamat Entitas Asosiasi                               Bidang Usaha                                                            Jumlah Aset (dalam ribuan Rp)
 No.
         Name and Address of Associate Entity                           Line of Business                                                          Total Assets (in thousand Rp)




                                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                                  Management Report
 Gedung One Pacific Place – SCBD Lot 3
 Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
  1      PT Pacific Place Jakarta (PPJ)                                 Pengembangan dan pengelolaan hotel, pusat perbelanjaan,                                   1.157.773.176
                                                                        apartemen dan gedung perkantoran
                                                                        Development and management hotel, shopping center,
                                                                        apartment and office building
  2      PT Graha Sampoerna (GS)                                        Pembangunan dan pengelolaan gedung                                                          4.216.549
                                                                        Building construction and management




                                                                                                                                                                                  Profil Perusahaan
                                                                                                                                                                                   Company Profile
Kepemilikan Saham Perseroan
Share Ownership of the Company




                                                                                                                                                                                  Analisis dan Pembahasan Manajemen
Seluruh data yang berhubungan kepemilikan saham Perseroan                                   All data related to share ownership of the Company are compiled




                                                                                                                                                                                   Management Discussion and Analysis
dikompilasi dari laporan yang dipersiapkan oleh Biro Administrasi                           from the report made by Share Registrar, PT Raya Saham Registra.
Efek PT Raya Saham Registra.

Susunan Kepemilikan Saham                                                                   Individual and Institutional Share of Ownership
Susunan kepemilikan saham Perseroan per 1 Januari dan                                       The Company’s share ownership composition as of January 1 and
31 Desember 2023 adalah sebagai berikut:                                                    December 31, 2023 is as follows:
                                              31 Desember | December 31                           1 Januari | January 1
 Nama Pemegang Saham                         Saham                         Rp. Juta           Saham                          Rp. Juta                 Name of Stockholders
                                                                %                                                  %
                                             Share                        Million Rp.         Share                         Million Rp.
Pemegang Saham Indonesia                                                                                                                            Indonesian Stockholders
PT Kresna Aji Sembada                        932.401.192       40,03         466.201          932.401.192      40,03           466.201                PT Kresna Aji Sembada
Tomy Winata                                  306.243.700        13,15         153.122        306.243.700           13,15        153.122                          Tomy Winata




                                                                                                                                                                                  Human Capital
                                                                                                                                                                                  Human Capital
PT Catur Kusuma Abadi Sejahtera              164.604.361        7,07          82.302          164.604.361          7,07         82.302     PT Catur Kusuma Abadi Sejahtera
Sukardi Tandijono Tang                       140.880.000        6,05          70.440         140.880.000           6,05         70.440                Sukardi Tandijono Tang
Pemegang saham lain ( < 5%)                  393.887.974       16,91       196.943,9         393.038.474       16,87            196.519           Others stockholders (< 5%)
Jumlah                                     1.938.017.227       83,21      969.008,6          1.937.167,727         83,17       968.584                                    Total
Pemegang Saham Asing (< 5%)                  391.023.255       16,79        195.511,6        391.872.755       16,83           195.936          Foreign Stockholders (< 5%)
Jumlah                                    2.329.040.482                    1.164.520       2.329.040.482                      1.164.520                                  Total
                                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                                   Corporate Governance




Kepemilikan Saham Individu dan Institusi                                                    Individual and Institutional Share of Ownership
Kepemilikan saham individu dan institusi per 1 Januari dan                                  Individual and institutional share ownership as of January 1 and
31 Desember 2023 adalah sebagai berikut:                                                    December 31, 2023 is as follows:
                                           31 Desember | December 31                                  1 Januari | January 1
 Status Pemilik                        Saham                             Rp. Juta              Saham                              Rp. Juta              Shareholders Status
                                                           %                                                            %
                                       Share                            Million Rp.            Share                             Million Rp.
                                                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                                                   Sustainability Report




Pemodal Nasional                                                                                                                                    Indonesian Stockholders

Perorangan                             700.299.293         30,07          350.149,6              699.457.893           30,03       349.728,9                        Individuals

Koperasi                                        600        0,00                  0,3                         600       0,00               0,3                    Cooperatives

Yayasan                                   5.259.450         0,22             2.629,7               5.259.450            0,22          2.629,7                     Foundations

Asuransi                                       5.000       0,00                  2,5                    5.000          0,00               2,5                      Insurances




                                                                                                                                 2023 Integrated Annual Report              69
Page 72
PT Jakarta International Hotels & Development Tbk




                                            31 Desember | December 31                                 1 Januari | January 1
 Status Pemilik                         Saham                           Rp. Juta               Saham                           Rp. Juta                    Shareholders Status
                                                             %                                                       %
                                        Share                          Million Rp.             Share                          Million Rp.

Perseroan Terbatas                     1.229.196.984        52,78         614.598,5             1.229.188.884       52,78          614.594,4       Limited Liability Companies

Reksadana                                  3.254.900          0,14           1.627,4                3.254.900         0,14            1.627,4                     Mutual Funds

Lain-Lain                                       1.000        0,00                0,5                     1.000       0,00                0,5                              Others

Jumlah Pemodal Nasional                 1.938.017.227        83,21       969.008,6               1.937.167.727      83,17          968.583,9            Total Domestic Investors

 Pemodal Asing                                                                                                                                                Foreign Investors

Perorangan                               32.586.200           1,40          16.293,1              32.766.500          1,41          16.383,3                         Individuals

Badan Usaha Asing                       358.437.055          15,39        179.218,5              359.106.255        15,42           179.553,1                Foreign Institutions

Jumlah Pemodal Asing                     391.023.255         16,79         195.511,6              391.872.755       16,83          195,936,4             Total Foreign Investors

 Jumlah                              2.329.040.482                      1.164.520,2           2.329.040.482                  1.164.520,2                                   Total


Kepemilikan Saham oleh Dewan Komisaris dan                                                  Share Ownership by Board of Commissioners and
Direksi                                                                                     Board of Directors
Kepemilikan saham manajemen Perseroan per 1 Januari 2023                                    The Company’s share ownership by the management as of January
tercatat 307.190.900 lembar saham atau 13,19% dari keseluruhan                              1, 2023 was recorded at 307,190,900 shares or 13.19% of the total
lembar saham yang disetor Perseroan. Jumlah dan komposisi                                   paid-up shares of the Company. The number and composition
kepemilikannya berubah setelah Santoso Gunara menggantikan                                  of ownership changed after Santoso Gunara replaced Arpin
Arpin Wiradisastra sebagai Presiden Direktur Perseroan.                                     Wiradisastra as the Company’s President Director.

Berikut adalah nama-nama anggota Dewan Komisaris dan Direksi                                The following are the names of members of the Board of
yang memiliki saham Perseroan:                                                              Commissioners and Board of Directors who own shares of the
                                                                                            Company.


                                                                                                                 31 Desember | December 31                1 Januari | January 1
                                                                            Posisi
                 Nama | Name                                                                                        Saham                                   Saham
                                                                           Position                                                        %                                %
                                                                                                                    Share                                   Share

 Dewan Komisaris | Board of Commissioners

     1 Sugianto Kusuma                           Presiden Komisars | President Commissioner                                    x                   x                  x           x

   2 Tomy Winata                                 Wakil Presiden Komisaris | Vice President                        306.243.700                   13,15     306.243.700       13,15

    3 Hartono Tjahjadi Adiwana                   Commissioner                                                                  x                   x                  x           x

    4 Teuku Ashikin Husein *                     Komisaris | Commissioner                                                      x                   x                  x           x

   5 Ku Siew Kuan                                                                                                              x                   x                  x           x
                                                 Komisaris Independen | Independent Commissioner
   6 Lidwina Ong                                                                                                               x                   x                  x           x

 Direksi | Board of Directors

     1 Arpin Wiradisastra                                                                                                                                             x           x
                                                 Presiden Direktur | President Director
       Santoso Gunara *                                                                                               742.500                   0,03          742.500       0,03

   2 Lanny Pujilestari Liga                                                                                              30.000                 0,00           30.000       0,00

    3 Agung Rin Prabowo                                                                                                        x                   x                  x           x

    4 Hendi Lukman                               Direktur | Director                                                           x                   x                  x           x

   5 Tony Soesanto                                                                                                       917.200                0,04           917.200      0,04

   6 Hendra Kurniawan                                                                                                          x                   x                  x           x
Catatan: Teuku Ashikin Husein mengundurkan diri sebagai komisaris dan Santoso Gunara diangkat menjadi presiden direktur pada RUPST Tahun Buku 2022 tanggal 27 Juni 2023.
Note: Teuku Ashikin Husein resigned from his position as commissioner and Santoso Gunara was appointed as president director in the AGMS of 2022 Fiscal Year on June 27, 2023.




70          Laporan Tahunan Terintegrasi 2023
Page 73
                                                                                               Integrating Excellence for Sustainability




Daftar dan Status 20 Pemegang Saham Terbesar                                List and Status of 20 Largest Shareholders




                                                                                                                                                   Prologue
                                                                                                                                                    Prolog
Susunan 20 (dua puluh) pemegang saham terbesar Perseroan                    Lists of 20 (twenty) largest shareholders of the Company did not
tidak berubah di posisi awal dan akhir 2023.                                change from the initial and closing position of 2023.




                                                                                                                                                   Performamnce Highlights
                                                       Status




                                                                                                                                                        Ikhtisar Kinerja
                                    Perorangan                  Badan Hukum                   31 Desember                   1 Januari
         Pemegang Saham
 No                                  Individual                 Legal Institution             December 31                   January 1
           Shareholders
                                Lokal         Asing          Lokal           Asing          Saham                       Saham
                                                                                                            %                           %
                               Domestik      Foreign        Domestik        Foreign         Share                       Share
    1 PT Kresna Aji Sembada                                                                  932.401.192    40,03        932.401.192    40,03
   2 Tomy Winata                                                                            306.243.700      13,15      306.243.700      13,15




                                                                                                                                                   Laporan Manajemen
                                                                                                                                                   Management Report
   3 PT Catur Kusuma Abadi                                                                   164.604.361     7,07        164.604.361     7,07
     Sejahtera
   4 Sukardi Tandijono Tang                                                                 140.880.000      6,05       140.880.000      6,05
   5 Wall Street Development                                                                 77.805.250      3,34         77.805.250     3,34
     Ltd.
   6 Wall Street Star                                                                         75.810.244     3,25         75.810.244     3,25
     Enterprises Ltd.
   7 Credit Suisse                                                                           67,889.000      2,91        67,889.000      2,91




                                                                                                                                                   Profil Perusahaan
     Switzerland Ltd.




                                                                                                                                                    Company Profile
   8 Hendry Hartato                                                                          48.888.500      2,10        48.888.500      2,10
   9 Renee Tang                                                                               47.786.500     2,05         47.786.500     2,05
   10 UBS AG Hong Kong                                                                        45.100.000     1,94         45.100.000     1,94
      Non-Treaty Omnibus
      Account
   11 PT Sentrajaya Panca                                                                     39.316.288     1,69         39.316.288     1,69




                                                                                                                                                   Analisis dan Pembahasan Manajemen
      Selaras




                                                                                                                                                    Management Discussion and Analysis
   12 PT Agung Sedayu                                                                         27.192.000        1,17      27.192.000        1,17
   13 Chancery Property                                                                      26.227.003         1,13     26.227.003         1,13
      Holding Ltd.
   14 Po Yu Chu                                                                              24.576.000      1,06        24.576.000      1,06
   15 PT Global Persada Inti                                                                  20.152.000     0,87         20.152.000     0,87
   16 PT Union Sampoerna                                                                     19.600.000      0,84         19.600.000     0,84
   17 Xavier                                                                                 18.800.000      0,81        18.800.000      0,81
   18 Tandijono Koko                                                                         18.800.000      0,81        18.800.000      0,81
   19 Tandijono Jiko                                                                         18.800.000      0,81        18.800.000      0,81
  20 Wetherby Ltd.                                                                            17.627.000     0,75         17.627.000     0,75
Jumlah | Total                                                                            2.138.499.038     91,81      2.138.499.038    91,81




                                                                                                                                                   Human Capital
                                                                                                                                                   Human Capital
Informasi Pemegang Saham Pengendali                                         Information on Controlling Shareholders
PT Kresna Aji Sembada sejak 2017 telah menjadi pemegang                     In 2017, PT Kresna Aji Sembada became the controlling shareholder
saham pengendali Perseroan sebesar 39,99% atau 931.553.192                  of the Company with 39.99% or 931,553,192 shares from the total
saham dari keseluruhan jumlah saham yang disetor yang tercatat              paid-up shares of 2,329,040,482 shares. PT Kresna Aji Sembada is
sebanyak 2.329.040.482 saham. PT Kresna Aji Sembada dimiliki                jointly owned by the Sugianto Kusuma family and the Tomy Winata
bersama keluarga Sugianto Kusuma dan keluarga Tomy Winata.                  family. PT Kresna Aji Sembada’s ownership in the Company as of
                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                    Corporate Governance




Per 31 Desember 2023, kepemilikan saham PT Kresna Aji                       December 31, 2023 is 40.03% or 932,401,192 shares of the total
Sembada di Perseroan sebesar 40,03% atau 932.401.192 saham                  paid-up shares.
dari keseluruhan saham yang disetor.

Kronologis Penerbitan dan Pencatatan Saham                                  Chronology of Issuance and Listing of Shares
Keseluruhan saham Perseroan yang ditempatkan dan disetor                    All of the Company’s issued and fully paid shares of 2,329,040,482
penuh sebanyak 2.329.040.482 saham telah dicatatkan pada Bursa              shares are listed on the Indonesia Stock Exchange. Historical
Efek Indonesia. Informasi historis mengenai saham Perseroan yang            information regarding the Company’s listed shares is as follows:
dicatatkan adalah sebagai berikut:
                                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                                    Sustainability Report




                                                                                                      2023 Integrated Annual Report          71
Page 74
PT Jakarta International Hotels & Development Tbk




      Aksi Korporasi                  Penawaran Umum               Penawaran Umum                Pencatatan                Pencatatan Saham         Pencatatan Saham Pendiri
                                        Saham Perdana                Saham Kedua               Saham Pendiri                yang berasal dari       Listing of Founders’ Shares
     Corporate Action
                                     Initial Public Offering     Second Public Offering     Listing of Founders’           Penukaran Saham
                                                                                                   Shares                   Listing of Private
                                                                                                                          Placement of Shares
Sebelum
Penawaran Perdana
Before Public Offering                   1984                       1988                          1989                          1991                      1992
15.750.000


Jumlah Saham
                                            6.618.800                  6.633.700                  11.315.700                     432.000                    56.869.280
Total Shares


                                   Penambahan Modal Tanpa           Pemecahan Nilai          Penawaran Umum           Pencatatan Saham Bonus          Pencatatan Saham yang
                                       Hak Memesan Efek             Nominal Saham                Terbatas I            Listing of Bonus Shares         berasal dari Penukaran
                                        Terlebih Dahulu               Stock Split              Rights Issue I                                                   Saham
                                    Additional Capital Stock                                                                                        Listing of Shares Converted
                                   without Pre-emptive Rights                                                                                               from Warrants
Jumlah | Total

2.329.040.482
                                            2011                     2004                         1996                      1994                           1992

                                         399.001.282                 965.019.600                  579.011.760                   257.338.560                 46.800.000


Kronologis Penerbitan dan Pencatatan Efek Lainnya                                            Chronology of Issuance and Listing of Other
                                                                                             Securities
Selain saham, Perseroan melakukan penawaran umum Obligasi                                    In addition, the Company also issued JIHD I Bond year 1997 with
JIHD I tahun 1997 dengan tingkat bunga tetap sebesar Rp600                                   fixed interest rate of Rp600 billion in mid-1997.
miliar pada pertengahan 1997.

Hingga 31 Desember 2023, Perseroan tidak menerbitkan efek                                    As of December 31, 2023, the Company has not issued any other
lain dalam bentuk apapun selain yang telah dipaparkan pada                                   securities other than those described in the Chronology of Issuance
Kronologis Penerbitan dan Pencatatan Saham dan Efek Lainnya di                               and Listing of Shares and Other Securities above. Therefore, there is
atas. Oleh karena itu, tidak terdapat informasi mengenai kronologis                          no information regarding the chronology of securities listing, corporate
pencatatan efek, aksi korporasi, perubahan jumlah efek, nama                                 actions, changes in the number of securities, the name of the exchange
bursa dimana efek lainnya dicatatkan, serta peringkat efek.                                  where the other securities are listed, and the rating of the securities.

                                                               Tanggal             Jangka Waktu                    Jumlah
        Keterangan                 Emisi                        Date                Time Period                     Total               Tingkat Bunga                 Peringkat
        Description               Emission                Jatuh Tempo                  (tahun)                   (Rp Miliar)             Interest Rate                 Rating
                                                          Maturity Date                 (years)                  (Billion Rp)
      Obligasi/Bond                JIHD I               16 Juli/July 2002          5 (lima)/5 (five)                600                       16%                        BBB-


Lembaga dan Profesi Penunjang Pasar Modal                                                    Capital Market Supporting Institutions and Professionals
                                                    Lembaga dan Profesi Penunjang dan Jasa yang Diberikan
                                                   Supporting Institutions and Professions and Services Rendered

             Bursa                           Kustodian                      Kantor Akuntan Publik               Biro Administrasi Efek (BAE)                      Notaris
        Stock Exchange                        Custody                                (KAP)                            Share Registrar                             Notary
                                                                            Public Accounting Firm

 PT Bursa Efek Indonesia         PT Kustodian Sentral Efek               Mirawati Sensi Idris                   PT Raya Saham Registra               Mochamad Nova Faisal,
 Gedung Bursa Efek               Indonesia                               Intiland Tower Lt. 7/7th fl.           Plaza Sentral Lt. 2/2nd fl.          S.H., M.Kn.
 Indonesia, Tower 1              Gedung BEI, Tower 1, Lt. 5/5th fl.      Jl. Jend. Sudirman Kav. 32             Jl. Jend. Sudirman Kav. 47-48        World Capital Tower Lt. 17/17th fl.
 Jl. Jend. Sudirman Kav. 52-53   Jl. Jend. Sudirman Kav. 52-53           Jakarta 10220, Indonesia               Jakarta 12930, Indonesia             Jl. Dr. Ide Anak Agung Gde
 Jakarta 12190, Indonesia        Jakarta 12190, Indonesia                Tel : +62 (21) 570 8111                Tel : +62 (21) 2525 666              Agung Lot D
 Tel : +62 (21) 515 0515         Tel : +62 (21) 515 2855                 Fax : +62 (21) 572 2737                Fax : +62 (21) 2525 028              Jakarta 12950, Indonesia
 Fax : +62 (21) 515 4153         Fax : +62 (21) 529 91199                                                                                            Tel : +62 (21) 5091 7988
                                                                                                                                                     Fax : -

Perdagangan dan pencatatan       Administrasi rekening efek            Laporan Audit atas Laporan          Pencatatan Daftar Pemegang               Notaris dalam pelaksanaan
saham tahun 2023.                tahun 2023.                           Keuangan Konsolidasian              Saham dan Jasa Administrasi              RUPST Tahun Buku 2022 dan
Share listing and trading in     Securities account                    Perseroan untuk periode yang        di Pasar Modal untuk periode             RUPSLB Tahun 2022, serta
2023.                            administration 2023.                  berakhir pada 31 Desember           2023.                                    perubahan Anggaran Dasar
                                                                       2023. Selain jasa tersebut di atas, List of Shareholders and                 Perusahaan.
Biaya | Fee : Rp250.000.000      Biaya | Fee : Rp10.000.000            KAP dan Akuntan Publik yang         Administration Services in the           Notary in the organization of
                                                                       ditunjuk tidak memberikan jasa Capital Market for the period                 the 2022 AGMS and 2022
                                                                       non-audit kepada Perseroan.         2023.                                    EGMS, as well as amendment
                                                                       Audit Report of the Company’s                                                to the Company’s Articles of
                                                                       Consolidated Financial              Biaya | Fee : Rp88.200.000               Association.
                                                                       Statements for the period
                                                                       ended on December 31, 2023.                                                  Biaya | Fee : Rp105.000.000
                                                                       Other than the abover service,
                                                                       the appointed KAP and Public
                                                                       Accountant do not provide
                                                                       other non-audit services to the
                                                                       Company.

                                                                       Biaya | Fee : Rp260.000.000


72        Laporan Tahunan Terintegrasi 2023
Page 75
                                                                                                   Integrating Excellence for Sustainability




Demografi Karyawan




                                                                                                                                                      Prologue
                                                                                                                                                       Prolog
Employee Demography




                                                                                                                                                      Performamnce Highlights
Perseroan bersama Entitas Anak memiliki 2.615 karyawan per                  The Company and its Subsidiaries have 2,615 employees as of




                                                                                                                                                           Ikhtisar Kinerja
akhir Desember 2023. Terdapat kenaikan 44 karyawan atau 1,7%                December 2023. An increase of 44 employees or 1.7% from the
dari keseluruhan 2.571 karyawan di 2022. (GRI 2-7)                          total 2,571 employees in 2022. (GRI 2-7)




                                       Jumlah Karyawan
                                       Total Employees




                                                                                                                                                      Laporan Manajemen
                                                                                                                                                      Management Report
                                       2.615
                                        2023

                                                                                                                     Jenis Kelamin
                                                                                                                     Gender

                                        2022        : 2.571
                                        2021        : 2.324


                                                                               671                                   1.944
                                                                                2023                                 2023




                                                                                                                                                      Profil Perusahaan
                                                                                                                                                       Company Profile
                                                                                2022       : 661                     2022      : 1.960
                                                                                2021       : 590                     2021      : 1.734

Usia | Age




                                                                                                                                                      Analisis dan Pembahasan Manajemen
                                                                                                                                                       Management Discussion and Analysis
Usia                                                     2023               2022                     2021

< 35 tahun | < 35 years old                              1.287              1.273                    1.096

36-45 tahun | 36-45 years old                             752                775                      757

46-55 tahun | 46-55 years old                             481                440                      421

> 55 tahun | > 55 years old                                   95              83                       50




                 Tingkat Pendidikan                                            Level Jabatan
                 Educational Level
                                                                               Position Level




                                                                                                                                                      Human Capital
                                                                                Staff | Staff



                                                                                                                                                      Human Capital
  Magister (S2) | Post Graduate                   Diploma 2
                                                                                2023
       2023
       2022
                                60
                                 57
                                           2023
                                           2022
                                                                     43
                                                                      34
                                                                               1.768
                                                                                2022       : 1.796
       2021                      52        2021                       29        2021       : 1.619
                                                                                                                                                      Tata Kelola Perusahaan
                                                                                                                                                       Corporate Governance




  Sarjana (S1) | Under Graduate                   Diploma 1
                                                                                Supervisor | Supervisor                        Manajer | Manager

                                                                                2023                                           2023
                              666                                   249

                                                                               516                                            331
       2023                                2023
       2022                      611       2022                     265
       2021                     552        2021                     244         2022       : 467                               2022      : 308
                                                                                2021       : 414                               2021      : 291
                                                                                                                                                      Laporan Keberlanjutan




                                       SMA dan lainnya | Senior High
                                                                                                                                                       Sustainability Report




              Diploma 3
                                             School & others

       2023                     328        2023                    1.269
       2022                     333        2022                     1.271
       2021                     309        2021                     1.138




                                                                                                             2023 Integrated Annual Report       73
Page 76
PT Jakarta International Hotels & Development Tbk




Informasi Pada Situs Web Perusahaan
Company Website Information




Perseroan memiliki situs web resmi www.jihd.co.id yang disajikan           The Company has an official website at www.jihd.co.id which
dalam 2 (dua) bahasa yaitu Indonesia dan Inggris, yang disusun             is available in 2 (two) languages, Bahasa Indonesia and
berlandaskan ketentuan Peraturan OJK No. 8/POJK.04/2015                    English, the website was made based on the OJK Regulation
tentang Situs Web Emiten Atau Perusahaan Publik.                           No. 8/POJK.04/2015 concerning the Website of Issuers or Public
                                                                           Companies.

Perseroan berkomitmen mengoptimalkan penggunaan            situs           The Company is committed to continue optimizing the use of
web untuk menjadi media komunikasi yang efektif dan efisien                website as the most effective and efficient medium to convey a
menyampaikan beragam informasi dan berita Perseroan,                       variety of information and news, promote the products and/or
mempromosikan produk dan/atau layanan yang disediakan                      services provided by the Company, as well as to communicate
Perseroan, serta mengomunikasikan hal-hal yang berkaitan dengan            matters relating to policies/news/other important information to
kebijakan Perseroan kepada seluruh pemangku kepentingan.                   stakeholders.

Di bawah ini adalah struktur situs web Perseroan, yang terdiri dari:       The Company’s website contains the following:


     1   Perusahaan Kami                             Menjelaskan tentang Profil Perusahaan, Nilai Perusahaan, Jejak Langkah, Lini Bisnis, Manajemen,
         Our Company                                 Struktur, Lembaga dan Profesi Penunjang Pasar Modal, dan Penghargaan;
                                                     Describes the Company Profile, Company Values, Milestones, Line of Business, Management,
                                                     Structure, Capital Market Supporting Institutions and Professions, and Awards;

     2   Hubungan Investor                           Berisikan informasi Laporan Tahunan, Informasi Keuangan, Informasi Pemegang Saham, Rapat
         Investor Relation                           Umum Pemegang Saham;
                                                     Contains information on Annual and Sustainability Reports, Financial Reports, Share Information,
                                                     General Meeting of Shareholders;

     3   Tata Kelola Perusahaan                      Menjelaskan tentang Prinsip dan Struktur, Pedoman Tata Kelola, Kebijakan;
         Corporate Governance                        Describes the Principles and Structures, Governance Guidelines, Policies;

     4   CSSR                                        Menggambarkan aktivitas-aktivitas tanggung jawab sosial yang dilakukan oleh Perseroan;
                                                     Describes the social responsibility activities carried out by the Company;

     5   Berita                                      Mengompilasi berita-berita yang berhubungan dengan Perseroan dan Entitas Anak;
         News                                        Compiles news related to the Company and its Subsidiaries;

     6   Karier                                      Memuat peluang-peluang yang terbuka untuk berkarir di Perseroan; dan
         Career                                      Contains opportunities for a career in the Company;

     7   Kontak                                      Berisikan alamat kontak Perseroan yang dapat dihubungi.
         Contact                                     Contains the Company’s contact address that can be contacted.




74       Laporan Tahunan Terintegrasi 2023
Page 77
                                             Prolog         Ikhtisar Kinerja     Laporan Manajemen   Profil Perusahaan   Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan
                                            Prologue   Performamnce Highlights   Management Report    Company Profile     Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                 75
                                                                                                                                                                                                                                 2023 Integrated Annual Report
Page 78
PT Jakarta International Hotels & Development Tbk




76    Laporan Tahunan Terintegrasi 2023
Page 79
                                            Integrating Excellence for Sustainability


                                       Analisis dan
                                      Pembahasan




                                                                                            Prologue
                                                                                             Prolog
                                       Manajemen




                                                                                            Performamnce Highlights
                                                                                                 Ikhtisar Kinerja
              Management Discussion
                       and Analysis




                                                                                            Laporan Manajemen
                                                                                            Management Report
Tinjauan Perekonomian                 75       Rencana Investasi Barang Modal          93
Economic Review                                2024
                                               Capital Goods Investment Plan for
Tinjauan Industri dan Operasional     77
                                               2024
Industrial and Operational Review
                                               Prospek Usaha                           94
Kinerja Keuangan Perusahaan           84
                                               Business Prospect
Financial Performance of the




                                                                                            Profil Perusahaan
                                                                                             Company Profile
Company                                        Kebijakan Dividen                       98
                                               Dividend Policy
Kemampuan Membayar Pinjaman            91
dan Kolektibilitas Piutang                     Realisasi Penggunaan Dana Hasil         98
Debt Paying Ability and Receivables            Penawaran Umum
Collectibility                                 Use of Proceeds from Public Offering
Tingkat Kolektibilitas Piutang        92       Informasi Material                      98
Receivables Collectibility                     Material Information




                                                                                            Analisis dan Pembahasan Manajemen
                                                                                             Management Discussion and Analysis
Struktur Permodalan                   92       Informasi Transaksi                     99
Capital Structure                              Transaction Information
Ikatan Material Untuk Investasi       93       Perubahan Peraturan Perundang-          99
Barang Modal                                   Undangan
Material Commitment for Capital                Changes on the Legislation
Goods Investment                               Perubahan Kebijakan Akuntansi           99
Investasi Barang Modal 2023           93       Changes in Accounting Policies
Capital Goods Investment in 2023




                                                                                            Human Capital
                                                                                            Human Capital
                                                                                            Tata Kelola Perusahaan
                                                                                             Corporate Governance
                                                                                            Laporan Keberlanjutan
                                                                                             Sustainability Report




                                                  2023 Integrated Annual Report       77
Sudirman Central Business District
Page 80
PT Jakarta International Hotels & Development Tbk




Tinjauan Perekonomian
Economic Review

Analisis Perekonomian Global                                              Global Economic Analysis
Di awal 2023, IMF (World Economic Outlook - April 2023)                   In early 2023, the IMF (World Economic Outlook - April 2023)
memprediksi perekonomian global pada 2023 hanya akan tumbuh               predicted that the global economy in 2023 would only grow by
2,8%, turun 0,6% dari pertumbuhan ekonomi dunia 2022 yang                 2.8%, down 0.6% from the 2022 world economic growth of 3.4%.
mencapai 3,4%. Bank Dunia (Global Economic Prospects June 2023            The World Bank (Global Economic Prospects June 2023 - June
– 6 Juni 2023) memperkirakan ekonomi dunia 2023 hanya tumbuh              6, 2023) estimated that the 2023 world economy will only grow
2,1%, lebih rendah dibandingkan dengan tahun sebelumnya yang              by 2.1%, lower than the previous year’s 3.1%. Meanwhile, the
mencapai 3,1%. Sedang OECD (Economic Outlook Volume 2023,                 OECD (Economic Outlook Volume 2023, Issue I) stated that the
Issue I) menyebutkan perekonomian global 2023 yang diprediksi             2023 global economy is predicted to grow by 2.7% amid facing
tumbuh 2,7% di tengah menghadapi tantangan untuk mencapai                 challenges to achieve strong sustainable growth.
pertumbuhan yang kuat berkelanjutan.

Hingga akhir tahun, prediksi pertumbuhan ekonomi global tidak             Until the end of the year, the prediction of global economic growth
mengalami perubahan yang signifikan. Perbaikan, peningkatan,              has not changed significantly. The improvement, enhancement,
dan pertumbuhan kondisi ekonomi dunia sepanjang 2023 secara               and growth of world economic conditions throughout 2023
luas digambarkan dengan tingkat inflasi yang sudah turun dari             were broadly described by the inflation rate that has fallen from
level tertinggi di masa pandemi, dan suku bunga yang akan                 the highest level during the pandemic, and interest rates that
mengarah kepada pelonggaran sehingga sebagian negara utama                would lead to easing, leading most major countries to show solid
menunjukkan pertumbuhan ekonomi cukup solid.                              economic growth.

Laju inflasi di Amerika Serikat turun dari 6,4% di Januari ke 3,2% di     The inflation rate in the United States fell from 6.4% in January to
Oktober. Di Tiongkok dari 2,1% di Januari terus turun hingga minus        3.2% in October. In China it fell from 2.1% in January to minus 0.2%
0,2% di Oktober. Di Euro juga merosot tajam dari 8,6% di Januari          in October. In the Euro, it also fell sharply from 8.6% in January to
ke 2,4% di Oktober.                                                       2.4% in October.

Ekonomi Amerika Serikat mencatatkan laju ekspansi tahunan 1,7%            The US economy recorded an annualized expansion rate of 1.7%
pada kuartal I, 2,4% pada kuartal berikutnya dan 3,0% pada kuartal        in the first quarter, 2.4% in the following quarter and 3.0% in the
III. Tiongkok pada tiga kuartal 2023 masing-masing mencapai 4,5%,         third quarter. China in the three quarters of 2023 reached 4.5%,
6,3% dan 4,9%. India dengan 6,7%, 7,8% dan 7,6%. Sedang Zona              6.3% and 4.9% respectively. India with 6.7%, 7.8% and 7.6%. While
Euro mencatatkan 1,2%, 0,5% dan 0,1% (ekonomi Jerman kontraksi            the Eurozone recorded 1.2%, 0.5% and 0.1% (the German economy
0,1% pada kuartal I, 0,1% di kuartal II dan minus 0,4% di kuartal III).   contracted 0.1% in the first quarter, 0.1% in the second quarter and
                                                                          minus 0.4% in the third quarter).

Namun, kontraksi pertumbuhan tidak terlepas dari dinamika                 However, the contraction in growth was owing to the economic
perekonomian yang sudah terjadi sejak 2022 dan masih berlanjut,           dynamics that have occurred since 2022 and still continues, even
bahkan ditambah dengan yang baru. Konflik di Timur Tengah                 adding new ones. The conflict in the Middle East that followed
yang terjadi setelah invasi Rusia ke Ukraina turut menyebabkan            Russia’s invasion of Ukraine contributed to the rise in geopolitical
terjadinya kenaikan risiko geopolitik. Meningkatnya konflik               risks. The escalation of the conflict resulted in a spike in energy
berdampak lonjakan harga energi, dengan implikasi yang lebih              prices, with broader implications for global activity and inflation.
luas terhadap aktivitas global dan inflasi. Risiko lainnya termasuk       Other risks include financial stress associated with rising real
tekanan finansial terkait dengan kenaikan suku bunga riil,                interest rates, inflation, weaker-than-expected Chinese growth,
inflasi, pertumbuhan Tiongkok yang lebih lemah dari perkiraan,            further trade fragmentation and climate change-related disasters.
fragmentasi perdagangan yang lebih lanjut dan bencana terkait
perubahan iklim.

Dengan demikian, walau lebih baik dari prediksi awal tahun,               As such, while better than expected at the beginning of the year,
masih akan terdapat perlambatan pertumbuhan ekonomi global                there would still be a slowdown in global economic growth in
di 2023. Bank Dunia (Global Economic Prospect - Januari                   2023. The World Bank (Global Economic Prospect - January 2024)
2024) memperkirakan pertumbuhan ekonomi global akan                       expected global economic growth to slow to 2.6%, compared with
melambat menjadi 2,6%, dibanding dengan 3% di 2022. OECD                  3% in 2022. The OECD forecasted a global economic expansion
memperkirakan ekspansi ekonomi global sebesar 2,9%, sedang                of 2.9%, while the IMF in its latest forecast (Global Economic
IMF dalam prediksi terbarunya (Prospek Ekonomi Global – Oktober           Prospects - October 2023) predicted growth of 3%, representing a
2023) memprediksi pertumbuhan sebesar 3%, yang menunjukkan                decline from 3.5% in 2022.
adanya penurunan dari sebelumnya 3,5% di 2022.

Analisis Perekonomian Nasional                                            National Economic Analysis
Sejumlah lembaga keuangan internasional pada awal 2023                    A number of international financial institutions in early 2023
memprediksi pertumbuhan ekonomi Indonesia akan di bawah dan               predicted that Indonesia’s economic growth would be below and
hingga 5%, lebih rendah dibandingkan dengan target pemerintah             up to 5%, lower than the government’s target of 5.3%. The OECD
di angka 5,3%. OECD (Economic Outlook Interim Report March                (Economic Outlook Interim Report March 2023) estimated that it
2023) mengestimasi hanya naik 4,7%. ADB (Asian Development                would only increase by 4.7%. ADB (Asian Development Outlook
Outlook Supplement edisi Desember 2022) memperkirakan                     Supplement December 2022 edition) expected it to slow to 4.8%.
akan melambat menjadi 4,8%. Bank Dunia (East Asia and Pacific             The World Bank (East Asia and Pacific Economic Update April
Economic Update April 2023) memperkirakan hanya mampu                     2023) estimated that it would only be able to grow at 4.9%. Only
tumbuh di angka 4,9%. Hanya IMF sedikit optimis dengan perkiraan          the IMF was slightly optimistic with an estimated growth of 5%.
pertumbuhan sebesar 5%.



78      Laporan Tahunan Terintegrasi 2023
Page 81
                                                                                             Integrating Excellence for Sustainability




Beberapa penyebab pertumbuhan ekonomi nasional tak                      There were several reasons why national economic growth




                                                                                                                                                 Prologue
                                                                                                                                                  Prolog
akseleratif. Pasar ekspor sebagai salah satu komponen utama             was not accelerating. The export market as one of the main
pendorong Produk Domestik Bruto (PDB) berada di zona merah.             components driving Gross Domestic Product (GDP) was in the red
Belanja atau konsumsi pemerintah tercatat kurang signifikan             zone. Government spending or consumption recorded a significant
sebagai energi tambahan untuk membawa ekonomi lebih tinggi.             lack of additional energy to bring the economy higher. Also the




                                                                                                                                                 Performamnce Highlights
Juga industri pertanian yang tertekan oleh El Nino menyebabkan          agricultural industry which was depressed by El Nino led to limited
kontribusi yang terbatas pada PDB.                                      contribution to GDP.




                                                                                                                                                      Ikhtisar Kinerja
Selain itu, ketegangan geopolitik, inflasi global, serta perlambatan    In addition, geopolitical tensions, global inflation, and the economic
ekonomi negara maju dan strategis: Amerika Serikat dan Tiongkok         slowdown of developed and strategic countries: The United
juga bakal mempengaruhi geliat perekonomian di Indonesia.               States and China would also affect the economy in Indonesia.
Perlambatan ekonomi dunia dan mitra dagang utama seperti                The slowdown in the world economy and major trading partners
Tiongkok dan Amerika Serikat, turut memoderasi laju PDB                 such as China and the United States, also moderated the pace of
Indonesia.                                                              Indonesia’s GDP.




                                                                                                                                                 Laporan Manajemen
                                                                                                                                                 Management Report
Dalam perjalanan ekonomi Indonesia sepanjang 2023 terimpak              In the course of the Indonesian economy throughout 2023, the
cukup besar dengan efek ketidakpastian global. Pertumbuhan              effects of global uncertainty were quite large. GDP growth was
PDB hanya mampu berada di level 5%. Namun demikian, selama 7            only able to be at the 5% level. However, for 7 (seven) quarters
(tujuh) kuartal sejak kuartal IV-2021 hingga kuartal II-2023, ekonomi   from the fourth quarter of 2021 to the second quarter of 2023, the
Indonesia mampu bertahan di level pertumbuhan lebih dari 5%.            Indonesian economy was able to maintain a growth rate of more
                                                                        than 5%.

Di kuartal I-2023, ekonomi Indonesia tumbuh mencapai 5,03%              In the first quarter of 2023, the Indonesian economy grew by




                                                                                                                                                 Profil Perusahaan
secara tahunan, lebih tinggi dibandingkan pertumbuhan ekonomi           5.03% on an annualized basis, higher than the economic growth in




                                                                                                                                                  Company Profile
kuartal IV-2022 sebesar 5,01%. Kontribusi terbesar berasal dari         the fourth quarter of 2022 of 5.01%. The largest contribution came
konsumsi rumah tangga yang tumbuh 4,54%.                                from household consumption which grew by 4.54%.

Dengan tetap mengandalkan konsumsi, ekonomi Indonesia pada              By continuing to rely on consumption, the Indonesian economy in
kuartal II-2023 melaju dengan tumbuh 5,17%, sesuai dengan               the second quarter of 2023 accelerated by growing 5.17%, in line
perkiraan Bank Indonesia di kisaran 5,0%-5,1%. Di kuartal II-2023,      with Bank Indonesia’s forecast in the range of 5.0%-5.1%. In the
gerak ekonomi Indonesia mulai terhambat, mulai dari ekspor yang         second quarter of 2023, Indonesia’s economic movement began




                                                                                                                                                 Analisis dan Pembahasan Manajemen
berada di zona merah hingga sektor investasi yang dibayangi wait        to be hampered, ranging from exports that were in the red zone




                                                                                                                                                  Management Discussion and Analysis
and see investor.                                                       to the investment sector that was overshadowed by wait-and-see
                                                                        investors.

Pada kuartal III-2023, ekonomi Indonesia hanya tumbuh 4,94%,            In the third quarter of 2023, the Indonesian economy only grew
seiring perekonomian global yang melambat, terjadi perubahan            4.94%, as the global economy slowed down, climate change
iklim, dan harga komoditas ekspor unggulan yang turun.                  occurred, and the price of leading export commodities fell. National
Pertumbuhan ekonomi nasional kuartal III-2023 didukung oleh             economic growth in the third quarter of 2023 was underpinned by
kuatnya konsumsi rumah tangga yang bertumbuh 5,06% dan                  strong household consumption which grew 5.06% and investment
investasi yang naik 5,7%.                                               which rose 5.7%.

Pada kuartal IV-2023, dengan tingginya belanja pemerintah,              In the fourth quarter of 2023, with high government spending,
ekonomi nasional kembali tumbuh mencapai 5,04%, berakselerasi           the national economy grew again to reach 5.04%, accelerating
dibandingkan kuartal III yang hanya 4,94%. Sehingga secara              compared to the third quarter which was only 4.94%. So that overall
keseluruhan untuk 2023, pertumbuhan ekonomi nasional                    for 2023, national economic growth reached 5.05%.




                                                                                                                                                 Human Capital
                                                                                                                                                 Human Capital
mencapai 5,05%.



Tinjauan Industri dan Operasional
Industrial and Operational Review
                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                  Corporate Governance




Pertumbuhan terjadi pada seluruh lapangan usaha di 2023. Tujuh          Growth occurred in all business sectors in 2023. Seventeen
belas lapangan usaha sebagai penyusun PDB Indonesia dari                businesses that made up Indonesia’s GDP in terms of production
sisi produksi mengalami pertumbuhan, dari yang tertinggi pada           experienced growth, from the highest in Transportation and Storage
lapangan usaha Transportasi dan Pergudangan yang mencapai               at 13.96% (2022: 19.87%) to the lowest in Agriculture, Forestry and
13,96% (2022: 19,87%) hingga yang terendah di lapangan usaha            Fisheries at only 1.30% (2022: 2.25%). Six of these businesses were
Pertanian, Kehutanan dan Perikanan yang hanya 1,30% (2022:              able to grow above Indonesia’s 2023 GDP growth, while the rest
2,25%). Enam lapangan usaha di antaranya mampu tumbuh di atas           grew below Indonesia’s 2023 growth rate.
pertumbuhan PDB Indonesia 2023, sedang sisanya tumbuh di
bawah angka pertumbuhan Indonesia 2023.
                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                  Sustainability Report




Tiga lapangan usaha yang menjadi segmen usaha Perseroan tetap           Three of the Company’s business segments continued to record
mencatatkan pertumbuhan di 2023. Dua lapangan usaha, yakni:             growth in 2023. Two businesses, namely: Accommodation and
Penyediaan Akomodasi dan Makan Minum, dan Informasi dan                 Food Service Activities, and Information and Communication
Komunikasi mampu tumbuh di atas PDB Indonesia 2023, dengan              managed to grow above Indonesia’s GDP 2023, with 10.01% and
masing-masing 10,01% dan 7,59%. Sedang lapangan usaha Real              7.59%, respectively. While the Real Estate business sector in which
Estat di mana segmen usaha real estat Perseroan: kawasan, mal           the Company’s real estate business segments: estates, malls and
dan gedung perkantoran termasuk di dalamnya hanya mampu                 office buildings are included in it was only able to grow by 1.43%.
tumbuh 1,43%.


                                                                                                    2023 Integrated Annual Report         79
Page 82
PT Jakarta International Hotels & Development Tbk




                  Pertumbuhan PDB Menurut Lapangan Usaha (2019-2023) | GDP Growth by Business Field (2019-2023)
                                                                         Pertumbuhan | Growth (%)
                     Lapangan Usaha                                                                                                Business Fields
                                                              2023       2022          2021      2020       2019
Pertanian, Kehutanan dan Perikanan                                1,30    2,25            1,87       1,77     3,61          Agriculture, Forestry and Fisheries
Pertambangan dan Penggalian                                       6,12     4,38          4,00      -1,95      1,22                       Mining and Quarrying
Industri Pengolahan                                              4,64      4,89          3.39      -2,93      3,80                        Processing Industry
Pengadaan Listrik dan Gas                                         4,91     6,61          5,55      -2,34      4,04             Electricity and Gas Procurement
Pengadaan Air, Pengolahan Sampah, Limbah                         4,90      3,23          4,97      4,94       6,83       Water Procurement, Garbage, Waste
                                                                                                                                              Management
Konstruksi                                                        4,91     2,01           2,81     -3,26      5,76                                Construction
Perdagangan Besar dan Eceran                                     4,85     5,53           4,63      -3,78      4,60                 Wholesale and Retail Trade
Transportasi dan Pergudangan                                    13,96     19,87          3,24    -15,05       6,39            Transportation and Warehousing
Penyediaan Akomodasi dan Makan Minum                             10,01    11,94          3,88     -10,26      5,79           Provision of Accommodation and
                                                                                                                                               Drinking Food
Informasi dan Komunikasi                                         7,59      7,73          6,82      10,61      9,42             Information and Communication
Jasa Keuangan dan Asuransi                                        4,77     1,93           1,56     3,25       6,61            Financial Services and Insurance
Real Estat                                                        1,43     1,72          2,78      2,32       5,76                                   Real Estate
Jasa Perusahaan                                                  8,24      8,77           0,73     -5,44     10,25                         Company Services
Administrasi Pemerintahan                                         1,50     2,51          -0,33     -0,03      4,65                 Government Administration
Jasa Pendidikan                                                   1,78     0,57           0,11      2,61      6,30                         Education Services
Jasa Kesehatan dan Kegiatan Sosial                               4,66      2,75          10,45     11,56      8,69                  Health and Social Services
Jasa Lainnya                                                    10,52      9,47           2,12     -4,10     10,57                               Other Services
Produk Domestik Bruto                                            5,05      5,31          3,70     -2,07      5,02                    Gross Domestic Product
Sumber/Source: BPS


Lapangan usaha Penyediaan Akomodasi dan Makan Minum, dan                           Accommodation and Food Service Activities, and Information and
Informasi dan Komunikasi termasuk dalam 6 (enam) lapangan                          Communication were among the 6 (six) business sectors with
usaha dengan pertumbuhan di atas PDB 2023. Namun, angka                            growth above 2023 GDP. However, the growth rate was lower than
pertumbuhannya lebih rendah dibanding dengan di 2022, yang                         that in 2022, which reached 11.94% and 7.73% respectively. There
masing-masing mencapai 11,94% dan 7,73%. Ada faktor menurunnya                     was a factor in the decline in people’s purchasing power, which
daya beli masyarakat yang berdampak pada menurunnya                                had an impact on the decline in growth in 2023.
pertumbuhan di 2023.

Demikian halnya yang terjadi di lapangan usaha Real Estat yang                     This was also the case in the Real Estate business sector, which
terus menurun pertumbuhan dalam kurun 5 (lima) tahun terakhir.                     has continued to decline in growth over the past 5 (five) years. The
Harga produk-produk real estat yang bergerak naik membuat sulit                    rising prices of real estate products made it difficult to obtain them
untuk memperolehnya dengan pendapatan yang tetap selama                            with a fixed income during the Covid-19 pandemic and have not
masa pandemi Covid-19 dan belum disesuaikan di masa pemulihan                      been tailored during the economic recovery period.
ekonomi.

                                                   Pertumbuhan Tiga Lapangan Usaha (2019-2023)
                                                    Growth of Three Business Fields (2019-2023)


     12,50                                                                                                  11,94
                                                    10,61
     10,00             9,42
                                                                                                                                             10,01
                                                                                                            7,73
                                                                                  6,82
      7,50                                                                                                                                    7,59
                        5,79
                               5,76                                                                         5,31
      5,00                                                                     3,88                                                           5,05
                      5,02                            2,32                 3,70
      2,50                                                                                                  1,72
                                                                                  2,78                                                        1,43
         0

     -2,50
                                                     -2,07
     -5,00

      -7,50

     -10,00
                                                    -10,26
     -12,50             2019                         2020                       2021                        2022                          2023




                        Penyediaan Akomodasi dan Makan Minum               Informasi dan Komunikasi                  Real Estat           PDB
                        Provision of Accommodation and Drinking Food       Information and Communication             Real Estate          GDP




80       Laporan Tahunan Terintegrasi 2023
Page 83
                                                                                                            Integrating Excellence for Sustainability




Usaha Hotel                                                                          Hotels




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
Situasi pasar hotel di Jakarta pada 2023 masih tahap pemulihan,                      The hotel market situation in Jakarta in 2023 was still in the
ditandai tidak terdapatnya penambahan kamar baru, dikarenakan                        recovery stage, characterized by no new room additions, due to
tidak ada hotel baru yang beroperasi. Total kumulatif pasokan                        no new hotels operating. The cumulative total supply of three-star
kamar bintang tiga hingga level luxury sampai akhir 2023 adalah                      to luxury-level rooms until the end of 2023 was 58,105 units, with a




                                                                                                                                                                     Performamnce Highlights
58.105 unit, dengan tingkat keterisian kamar mencapai 61,5%.                         room occupancy rate of 61.5%.




                                                                                                                                                                          Ikhtisar Kinerja
Sepanjang Januari-April 2023, rata-rata keterisian kamar atau                        During January-April 2023, the average room occupancy or hotel
okupansi hotel di Jakarta belum kembali pulih seperti masa                           occupancy in Jakarta has not yet recovered to the pre-Covid-19
sebelum pandemi Covid-19. Baru mengalami peningkatan                                 pandemic period. It only experienced a significant increase
signifikan (terutama terhadap hotel bintang lima) selama kuartal                     (especially for five-star hotels) during the third quarter of 2023, in
III-2023, sejalan dengan penyelenggaraan event internasional                         line with the holding of international events such as the ASEAN
seperti KTT ASEAN di Jakarta. Menuju kuartal IV-2023, aktivitas                      Summit in Jakarta. Towards the fourth quarter of 2023, government
meetings, incentives, conferences and exhibitions tourism (MICE)                     and corporate meetings, incentives, conferences, and exhibitions
Pemerintah dan korporasi akan meningkat di Oktober dan                               tourism (MICE) activities would increase in October and November,




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
November, kemudian diprediksi turun pada Desember bersamaan                          then were predicted to decrease in December along with the
dengan libur Natal dan Tahun Baru 2023.                                              Christmas and New Year holidays in 2023.

Bisnis hotel di Jakarta dinilai akan kian bergairah di akhir 2023                    The hotel business in Jakarta was considered to be increasingly
hingga 2024. Diperkirakan akan ada tambahan 1.354 kamar hotel,                       vibrant at the end of 2023 to 2024. It was estimated that there would
dengan komposisi mencakup 27% bintang tiga, 48% bintang                              be an additional 1,354 hotel rooms, with a composition including 27%
empat, 12% bintang lima dan 14% luxury di 2024.                                      three-star, 48% four-star, 12% five-star and 14% luxury in 2024.




                                                                                                                                                                     Profil Perusahaan
Di 2024 dijadwalkan akan kedatangan sekira 6 (enam) hotel baru,                      In 2024, there are scheduled to be approximately 6 (six) new




                                                                                                                                                                      Company Profile
terdiri 2 (dua) hotel bintang tiga, sebuah hotel bintang empat dan                   hotels, consisting of 2 (two) three-star hotels, a four-star hotel, and
3 (tiga) bintang lima, yang semuanya berlokasi di Jakarta Pusat:                     3 (three) five-star hotels, all located in Central Jakarta: Menteng,
Menteng, Tanah Abang, Pecenongan dan MH. Thamrin.                                    Tanah Abang, Pecenongan, and MH. Thamrin.


                                  Hotel Borobudur Jakarta, The Ritz-Carlton Pacific Place & Alila SCBD Jakarta




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
   Hotel-hotel di lingkaran usaha Grup JIHD, yaitu Hotel Borobudur Jakarta           Hotels in JIHD Group's business circle, namely Hotel Borobudur Jakarta




                                                                                                                                                                      Management Discussion and Analysis
   (HBJ), The Ritz-Carlton Pacific Place (RCPP), Alila SCBD Jakarta dan The          (HBJ), The Ritz-Carlton Pacific Place (RCPP), Alila SCBD Jakarta and The
   Langham.                                                                          Langham.

   HBJ, RCPP dan Alila SCBD Jakarta menjadi kontributor untuk pendapatan             HBJ, RCPP and Alila SCBD Jakarta are contributors to the Company's
   konsolidasian Perseroan. Pengelolaan HBJ dilakukan langsung oleh                  consolidated revenue. HBJ is managed directly by the Company,
   Perseroan, dan RCPP dikelola oleh PT Pacific Place Jakarta, Entitas               and RCPP is managed by PT Pacific Place Jakarta, a subsidiary of PT
   Anak dari PT Danayasa Arthatama (Entitas Anak Perseroan).                         Danayasa Arthatama (a subsidiary of the Company).

   Pencapaian tingkat keterisian kamar 3 (tiga) hotel Perseroan relatif              The room occupancy rate of the Company's 3 (three) hotels was
   baik di 2023. HBJ mencapai 50,6% (2022: 51,2%), RCPP 82,0% (2022:                 relatively good in 2023. HBJ reached 50.6% (2022: 51.2%), RCPP 82.0%
   80,0%) dan Alila SCBD 47,4% (2022: 47,9%).                                        (2022: 80.0%) and Alila SCBD 47.4% (2022: 47.9%).


                                                                                           Tingkat Keterisian | Occupancy Rate (%)
        No                         Hotel
                                                                              2023                          2022                           2021
    1        Hotel Borobudur Jakarta                                          50,6                           51,2                          59,5




                                                                                                                                                                     Human Capital
                                                                                                                                                                     Human Capital
    2        The Ritz-Carlton Pacific Place                                   82,0                           80,0                          63,0
    3        Alila SCBD Jakarta                                               47,4                           47,9                          33,1


                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance
                                                                                                                                                                     Laporan Keberlanjutan




                                                      Fasilitas kamar di HBJ, RCPP, Alila SCBD Jakarta
                                                                                                                                                                      Sustainability Report




                                                      Room facilities at HBJ, RCPP, Alila SCBD Jakarta




                                                                                                                    2023 Integrated Annual Report               81
Page 84
PT Jakarta International Hotels & Development Tbk




Apartemen                                                               Apartments
Pada semester I-2023 (Januari – Juni), serapan apartemen yang           In the first semester of 2023 (January - June), the absorption of
terjual di Jakarta tercatat 670 unit. Selanjutnya hanya 145 unit di     apartments sold in Jakarta was recorded at 670 units. This was
kuartal III-2023. Penurunan ini disebabkan kurangnya pilihan yang       followed by only 145 units in the third quarter of 2023. This decline
tersedia pada proyek yang sudah ada, ditambah absennya proyek-          was due to the lack of options available in existing projects, plus
proyek baru. Pengembang lebih fokus menyelesaikan proyek-               the absence of new projects. Developers are more focused on
proyek yang masih berjalan. Sementara hingga kuartal IV-2023,           completing ongoing projects. Meanwhile, until the fourth quarter of
pasokan kumulatif apartemen di Jakarta telah berada di 259.172          2023, the cumulative supply of apartments in Jakarta has stood at
unit.                                                                   259,172 units.

Pembeli apartemen telah mengalami pergeseran, yakni didominasi          Apartment buyers have experienced a shift, which is dominated
penghuni (end user) ketimbang investor. Konsumen penghuni lebih         by residents (end users) rather than investors. Resident consumers
menyukai produk apartemen yang telah jadi. Di sepanjang 2023,           prefer ready-made apartment products. Throughout 2023, there
akan ada 6.172 unit diserahterimakan, di antaranya sebanyak 3.374       would be 6,172 units handed over, of which 3,374 units (54.7% of the
unit (54,7% dari proyeksi pasokan untuk 2023) telah dilakukan di        projected supply for 2023) have been done in the first quarter of
kuartal I-2023. Harga jualnya rata-rata mencapai Rp56,5 juta/m2 di      2023. The average selling price reached Rp56.5 million/sqm in the
CBD, dan Rp47,1 juta/m2 di prime area di luar CBD.                      CBD, and Rp47.1 million/sqm in prime areas outside the CBD.

Kinerja pasar apartemen sewa (serviced apartment) yang banyak           The performance of the serviced apartment market, which was
disewa ekspatriat dan tamu liburan jangka pendek cenderung              mostly rented by expatriates and short-term vacation guests,
membaik di kuartal III-2023, dengan tingkat hunian tumbuh 3,5%          tended to improve in the third quarter of 2023, with the occupancy
dibandingkan kuartal sebelumnya. Tingkat huniannya relatif stabil,      rate growing by 3.5% compared to the previous quarter. The
dengan mencapai 60,4% di akhir kuartal IV-2023.                         occupancy rate remained relatively stable, reaching 60.4% at the
                                                                        end of Q4-2023.

Apartemen servis diproyeksikan akan mengalami kenaikan tarif            Serviced apartments are projected to see rental rate increases,
sewa, terutama pada proyek baru dan apartemen yang dikelola             especially in new projects and apartments managed by well-known
operator hotel ternama, yang biasanya menawarkan promosi dan            hotel operators, which usually offer promotions and discounts.
diskon.

Pasokan kumulatif apartemen sewa tercatat 6.894 unit di kuartal         The cumulative supply of rental apartments stood at 6,894 units in
IV-2023, tetap sama seperti kuartal sebelumnya dikarenakan tidak        Q4-2023, remaining the same as the previous quarter due to no
adanya pembukaan yang baru.                                             new openings.

Real Estat                                                              Real Estate
Mal                                                                     Mall
Di sepanjang 2023, bisnis properti pusat perbelanjaan ritel modern      Throughout 2023, the modern retail shopping center (mall) property
(mal) memperlihatkan tren positif. Ditopang oleh pertumbuhan            business showed a positive trend. Supported by economic growth,
ekonomi, properti komersial ini didukung oleh membaiknya tingkat        this commercial property was supported by improving visitor traffic
lalu lintas pengunjung. Tingkat kunjungan memang belum kembali          levels. The visitation rate has not yet returned to what it was before
seperti sebelum masa pandemi Covid-19, tapi telah lebih baik            the Covid-19 pandemic, but it has been better than 2020 and 2021,
dibanding 2020 dan 2021 yang hanya sekitar 50% dan 60%.                 which were only around 50% and 60%.

Tingkat okupansi kembali mengalami peningkatan, kendati belum           Occupancy rates have increased again, although not back to pre-
bisa kembali sebelum pandemi yang pernah mencapai hingga                pandemic levels of up to 90%, but higher than 2020-2021. Net
90%, tapi sudah lebih tinggi dari 2020-2021. Penyerapan bersih          absorption continued, as seen in the mall occupancy rate which
akan terus berlanjut, terlihat pada tingkat hunian mal yang berubah     changed from an average of 72.5% in Q2-2023 to 72.8% in Q3-
dari rata-rata 72,5% di kuartal II-2023 menjadi 72,8% di kuartal III-   2023, and to 74.2% at the end of the year.
2023, dan menjadi 74,2% di akhir tahun.

Tren positif kinerja bisnis ini dibarengi pula dengan kenaikan rerata   This positive trend in business performance was accompanied
tarif sewa yang mencapai Rp563.428/m2 dan biaya pemeliharaan            by an increase in average rental rates to Rp563,428/sqm and
sebesar Rp Rp153.519/m2 sejak kuartal III-2023, dari sebelumnya         maintenance fees to Rp153,519/sqm from the third quarter of 2023,
masing-masing Rp451.800/m2 dan Rp133.500/m2 yang berlaku                from Rp451,800/sqm and Rp133,500/sqm respectively from the
sejak semester II-2022.                                                 second semester of 2022.

Di 2023 hanya terdapat sebuah penambahan mal baru di Jakarta,           In 2023 there was only one new mall addition in Jakarta, namely
yaitu Pusat Grosir Senen Jaya (10.249m2), sehingga secara               Senen Jaya Wholesale Center (10,249sqm), bringing the overall
keseluruhan ketersediaan ruang belanja modern di Jakarta                availability of modern shopping space in Jakarta to 4,914,911sqm.
mencapai 4.914.911m2.




82      Laporan Tahunan Terintegrasi 2023
Page 85
                                                                                                      Integrating Excellence for Sustainability




                                                       Mal Pacific Place | Pacific Place Mall




                                                                                                                                                              Prologue
                                                                                                                                                               Prolog
   Mal Pacific Place adalah satu dari 3 (tiga) mal yang beroperasi di         Pacific Place Mall is one of 3 (three) malls operating in the SCBD area.
   kawasan SCBD. Dua lainnya adalah Mal Elysee dan Astha District             The other two are Elysee Mall and Astha District 8 Mall (open since
   8 Mall (buka sejak 2020) yang kedua-duanya beroperasi sebagai              2020) which both operate as lifestyle venues. While Pacific Place Mall
   tempat lifestyle. Sedang Mal Pacific Place yang berada di SCBD Lot 3-5     located at SCBD Lot 3-5 operates as a child-friendly family mall and a




                                                                                                                                                              Performamnce Highlights
   beroperasi sebagai mal keluarga yang ramah anak dan tempat favorit         favorite place for office employees in the SCBD area to have lunch.
   para karyawan kantor di kawasan SCBD untuk bersantap siang.




                                                                                                                                                                   Ikhtisar Kinerja
   Dari ketiga mal yang ada di SCBD, baru Mal Pacific Place yang menjadi      Of the three malls in SCBD, only Mal Pacific Place is a contributor to
   kontributor pada pendapatan konsolidasian Perseroan melalui Entitas        the Company's consolidated revenue through its Subsidiary Entity: PT
   Cucu: PT Pacific Place Jakarta. Kinerjanya kembali meningkat setelah       Pacific Place Jakarta. Its performance has rebounded after experiencing
   mengalami penurunan selama pandemi Covid-19. Pengunjung yang               a decline during the Covid-19 pandemic. The number of visitors
   datang kembali meningkat hingga seperti sebelum masa pandemi               has increased again to what it was before the Covid-19 pandemic.
   Covid-19. Sepanjang 2023, tercatat jumlah pengunjung sebanyak              Throughout 2023, a total of 12,489,595 visitors and 1,265,765 vehicles
   12.489.595 orang dan sebanyak 1.265.765 kendaraan yang masuk.              were recorded.




                                                                                                                                                              Laporan Manajemen
                                                                                                                                                              Management Report
        Pengunjung dan Kendaraan
           Visitors and Vehicles
                                             Rerata (%)          2023          (+/- %)         2022           (+/- %)         2021         (+/- %)
    Pengunjung (orang)                                30,4      12.489.595          15,9       12.498.744          52,9       8.172.739          22,4
    Visitors (people)
    Kendaraan (unit)                                   19,6       1.265.765              1,3   1.248.939           45,3       859.526            12,2
    Vehicles (units)



Gedung Perkantoran                                                            Office Building




                                                                                                                                                              Profil Perusahaan
                                                                                                                                                               Company Profile
Di Jakarta hingga akhir 2023, terdapat total pasok kumulatif ruang            In Jakarta until the end of 2023, there was a total cumulative supply
perkantoran seluas 11,13 juta m2, tersebar di CBD 7,38 juta m2 dan di         of office space of 11.13 million sqm, spread across 7.38 million sqm
luar CBD 3,75 juta m2, dengan tingkat kekosongan ruang perkantoran            in the CBD and 3.75 million sqm outside the CBD, with a vacancy
sebesar 2,9 juta m2 atau 26,84% dari total pasokan yang ada.                  rate of 2.9 million sqm or 26.84% of the total supply.

Relatif kecilnya permintaan ruang kantor yang hanya 38.500 m2,                The relatively small demand for office space of only 38,500
mengalami penurunan sebesar 22% dibanding dengan tahun                        sqm, a decrease of 22% compared to the previous year which




                                                                                                                                                              Analisis dan Pembahasan Manajemen
sebelumnya yang mencapai 49.000 m2, telah menjadi penyebab                    reached 49,000 sqm, has been the cause of such a large vacancy




                                                                                                                                                               Management Discussion and Analysis
terjadi tingkat kekosongan sebesar itu. Belum lagi dengan adanya              rate. Coupled with the increasing supply of new buildings, the
pertambahan pasokan gedung baru menyebabkan tingkat hunian                    occupancy rate of the office sector, especially in the CBD, has
sektor perkantoran, terutama di CBD relatif stagnan, menjadi 73,5%            remained relatively stagnant, at 73.5% from 73.4% in the third
dari sebelumnya 73,4% di kuartal III-2023.                                    quarter of 2023.

Permintaan akan kantor diperkirakan tetap relatif rendah setidaknya           Office demand was expected to remain relatively low at least until
hingga akhir 2023, walau pencarian ruang kantor masih terus aktif,            the end of 2023, although the search for office space continued
terutama di gedung-gedung yang lebih baru dan memiliki kualitas               to be active, especially in newer and better quality buildings in the
yang lebih baik di kawasan CBD. Tren memilih ruang kantor yang                CBD. The trend of opting for previously used office space (complete
sebelumnya sudah/bekas digunakan (lengkap dengan perlengkapan                 with equipment left behind by the old tenant), was increasingly
yang ditinggalkan oleh penyewa lama), semakin populer dipilih                 popular with tenants as a way to achieve cost efficiency.
penyewa sebagai cara untuk mencapai efisiensi biaya.

Situasi harga sewa masih tertekan, meskipun beberapa gedung                   The rental price situation was still depressed, although some




                                                                                                                                                              Human Capital
                                                                                                                                                              Human Capital
yang memiliki kualitas lebih baik, tersertifikasi sebagai bangunan            buildings that have better quality, were certified as green buildings,
hijau, dan memiliki tingkat hunian di atas rata-rata pasar mulai              and had occupancy rates above the market average have started
mempertahankan harga sewa. Harga sewa relatif stagnan (base                   to maintain rental prices. Rental prices were relatively stagnant
rental rate) di CBD, yakni untuk segmen premium Rp403.414/m2/                 (base rental rate) in the CBD, namely for the premium segmen of
bulan, Grade A Rp317.315/m2/bulan, Grade B Rp260.743/m2/bulan,                Rp403,414/sqm/month, Grade A of Rp317,315/sqm/month, Grade B
dan Grade C Rp228.726/m2/bulan. Sedang di luar CBD sebesar                    of Rp260,743/sqm/month, and Grade C of Rp228,726/sqm/month.
Rp240.100/m2/bulan.                                                           While outside the CBD it is of Rp240,100/sqm/month.
                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                               Corporate Governance




Sementara untuk rata-rata asking price ruang perkantoran di                   Meanwhile, the average asking price for office space in Jakarta
Jakarta ada di posisi Rp56,3 juta/m2 di CBD, sedangkan di luar CBD            was Rp56.3 million/sqm in CBD, while outside CBD it was Rp45.9
Rp45,9 juta/m2.                                                               million/sqm.

Sepanjang 2023, ada 2 (dua) gedung baru yang selesai dibangun dan             Throughout 2023, there were 2 (two) new buildings completed
beroperasi penuh dengan luas total hampir 132.000 m2 di CBD Jakarta.          and fully operational with a total area of almost 132,000 sqm in
Sementara untuk proyek kantor di luar CBD perlahan berpindah dari             the Jakarta CBD. Meanwhile, office projects outside the CBD were
Selatan ke Jakarta Utara dan Jakarta Pusat yang menjadi wilayah               slowly moving from the South to North Jakarta and Central Jakarta
potensial untuk pengembangan gedung kantor di masa depan.                     which are potential areas for future office building development.
                                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                                               Sustainability Report




                                                                                                             2023 Integrated Annual Report               83
Page 86
PT Jakarta International Hotels & Development Tbk




                                         Tiga Gedung Perkantoran di SCBD | Three Office Buildings in SCBD
     Tiga gedung perkantoran yang berhubungan dengan Perseroan, yakni              The three office buildings associated with the Company are the Indonesia
     Gedung Bursa Efek Indonesia, One Pacific Place dan Revenue Tower.             Stock Exchange Building, One Pacific Place and Revenue Tower. All three
     Ketiganya menjadi bagian dari 13 gedung perkantoran di kawasan SCBD           are part of 13 office buildings in the strategic SCBD area. The Indonesia
     yang strategis. Gedung Bursa Efek Indonesia dimiliki oleh Entitas Anak        Stock Exchange Building is owned by its subsidiary PT First Jakarta
     PT First Jakarta International. One Pacific Place dimiliki PT Pacific Place   International. One Pacific Place is owned by PT Pacific Place Jakarta
     Jakarta dan Revenue Tower oleh PT Adinusa Puripratama. Keduanya               and Revenue Tower by PT Adinusa Puripratama. Both are subsidiaries of
     merupakan Entitas Anak PT Danayasa Arthatama.                                 PT Danayasa Arthatama.

     Kawasan SCBD dapat dijangkau melalui 3 (tiga) pintu masuk: Sudirman,          The SCBD area can be reached through 3 (three) entrances: Sudirman,
     Gatot Subroto dan Senopati, dekat dengan sarana transportasi yang             Gatot Subroto and Senopati, close to transportation facilities that absolutely
     mutlak harus tersedia, dan dari sisi prestisius dikenal sebagai barometer     must be available, and in terms of prestige is known as Indonesia's financial
     keuangan Indonesia dengan berkantornya Bursa Efek Indonesia di SCBD.          barometer with the office of the Indonesia Stock Exchange in SCBD.

     Kinerja ketiga gedung perkantoran tersebut relatif stabil di 3 (tiga) tahun   The performance of the three office buildings has been relatively stable in
     terakhir. Tingkat keterisian One Pacific Place yang terintegrasi dengan       the last 3 (three) years. The occupancy rate of One Pacific Place, which is
     hotel The Ritz-Carlton Pacific Place meningkat hingga 85,8% (2022: 83,9%).    integrated with The Ritz-Carlton Pacific Place hotel, increased to 85.8%
     Tingkat keterisian Revenue Tower bahkan hampir penuh mencapai 98,5%           (2022: 83.9%). The occupancy rate of Revenue Tower is almost full at 98.5%
     (2022: 94,5%), sedang Gedung Bursa Efek Indonesia pada kisaran 70%.           (2022: 94.5%), while the Indonesia Stock Exchange Building is at around 70%.


                     Entitas Anak                            Gedung Perkantoran                        Tingkat Keterisian | Occupancy Rate (%)
                      Subsidiary                               Office Building                    2023                    2022                    2021
        1 PT First Jakarta International            Gedung Bursa Efek Indonesia                    69,6                    68,0                    67,9
       2 PT Pacific Place Jakarta                   One Pacific Place                              85,8                    83,9                    65,0
       3 PT Adinusa Puripratama                     Revenue Tower                                  98,5                    94,5                    88,2




                          Gedung Bursa Efek Indonesia                                                          Revenue Tower




Jasa Telekomunikasi                                                                Telecommunication Services
Potensi industri telekomunikasi Indonesia masih sangat besar                       The potential of Indonesia's telecommunications industry as a whole
secara keseluruhan. Industri telekomunikasi memegang peran                         is still enormous. The telecommunications industry plays a crucial
krusial dalam memajukan digitalisasi di Indonesia dalam berbagai                   role in advancing digitalization in Indonesia in various sectors.
sektor. Luas wilayah Indonesia yang mencapai 1,9 juta km2, dengan                  Indonesia's total area of 1.9 million km2, with a population of 278.69
jumlah penduduk mencapai 278,69 juta orang, merupakan pasar                        million people, is a very potential market for telecommunications
untuk produk dan jasa telekomunikasi yang sangat potensial.                        products and services.

Kelemahan dalam hal sarana dan prasarana infrastruktur                             Weaknesses in terms of telecommunications infrastructure facilities
telekomunikasi yang selama ini menjadi hambatan, terus                             and infrastructure, which have been an obstacle, continue to be
diupayakan ketersediaan oleh Pemerintah, sehingga dari tahun ke                    pursued by the Government, so that from year to year they can be
tahun dapat teratasi dan semakin membaik.                                          resolved and are getting better.

Layanan jaringan telekomunikasi/internet seluler yang berbasis                     Cellular telecommunications/internet network services based on
menara sinyal generasi keempat (base transceiver station – BTS)                    fourth-generation signal towers (base transceiver station – BTS)
telah dibangun dan menjangkau sekitar 95% desa dan kelurahan di                    have been built and reached around 95% of villages and sub-
tanah air hingga di 2023. Telah terdapat 513.721 BTS yang tersebar                 districts in the country by 2023. There are 513,721 BTS spread from
dari kelurahan di wilayah perkotaan hingga desa terpencil di area                  urban villages to remote villages in underdeveloped, outermost,
tertinggal, terluar, dan terdepan.                                                 and frontier areas.

Pengaruhnya terlihat pada penetrasi pengguna internet terus                        The impact can be seen in the penetration of internet users
bertambah hingga mencapai 221,56 juta jiwa atau 79,5% dari total                   continuing to grow to reach 221.56 million people or 79.5% of the
278,69 juta penduduk Indonesia pada akhir 2023 (2022: 215,63                       total 278.69 million Indonesian population by the end of 2023
juta atau 78,19% berbasis total 275,77 juta populasi). Sebagian besar              (2022: 215.63 million or 78.19% based on a total population of
penetrasi internet tersebut dilakukan dengan menggunakan ponsel                    275.77 million). Most of the internet penetration is done using smart
pintar. Di akhir 2023, jumlah ponsel pintar yang aktif dan terhubung               phones. By the end of 2023, the number of active smartphones
dengan akses internet telah mencapai 190,03 juta, terbesar keempat                 connected to internet access has reached 190.03 million, the fourth
setelah Tiongkok yang tembus 1 miliar (menjadi yang terbesar di                    largest after China's 1 billion (the largest in the world), India's 700
dunia), selanjutnya India 700 jutaan, serta Amerika Serikat 316 jutaan.            million, and the United States' 316 million.



84        Laporan Tahunan Terintegrasi 2023
Page 87
                                                                                                   Integrating Excellence for Sustainability




Penetrasi pengguna internet dan smartphone yang terus                      The increasing penetration of internet and smartphone users




                                                                                                                                                              Prologue
                                                                                                                                                               Prolog
meningkat telah berdampak positif ke berbagai sektor. Kondisi              has had a positive impact on various sectors. This condition
ini berkontribusi positif terhadap kemudahan layanan yang                  contributes positively to the ease of digitized services, productivity,
didigitalisasi, produktivitas, dan meningkatkan kontribusi ekonomi         and increases the contribution of the digital economy. Over the
digital. Selama beberapa tahun terakhir, ekonomi digital Indonesia         past few years, Indonesia's digital economy has grown steadily




                                                                                                                                                              Performamnce Highlights
tumbuh stabil dan diperkirakan telah mencapai gross merchandise            and is estimated to have reached a gross merchandise value
value (GMV) US$82 miliar pada 2023 (2022: US$77 miliar) atau               (GMV) of US$82 billion by 2023 (2022: US$77 billion) or 37.6% of




                                                                                                                                                                   Ikhtisar Kinerja
37,6% dari keseluruhan nilai ekonomi digital Asia Tenggara yang            Southeast Asia's overall digital economy value of US$218 billion.
mencapai US$218 miliar. Di atas Thailand, Vietnam, Filipina,               This was ahead of Thailand, Vietnam, the Philippines, Malaysia
Malaysia dan Singapura yang masing-masing mencapai US$36                   and Singapore which reached US$36 billion, US$30 billion, US$24
miliar, US$30 miliar, US$24 miliar, US$23 miliar dan US$22 miliar.         billion, US$23 billion and US$22 billion respectively.


                                                              PT Artha Telekomindo
   Produk dan layanan jasa telekomunikasi yang diberikan PT Artha          The telecommunication products and services provided by PT Artha




                                                                                                                                                              Laporan Manajemen
                                                                                                                                                              Management Report
   Telekomindo (AT) meliputi telephony, internet, lease circuit, managed   Telekomindo (AT) include telephony, internet, leased circuits, managed
   services, dan TV Cable (produk dari pihak ketiga). Kinerja bisnisnya    services, and TV Cable (third party products). The performance of
   relatif stabil sehingga dapat memberikan kontribusi yang berarti.       the business is relatively stable so that it can make a meaningful
                                                                           contribution.

   Sebagai bagian dari Artha Graha Network (AGN), PT AT membantu           As part of Artha Graha Network (AGN), PT AT assists the availability
   ketersediaan dan kelancaran telekomunikasi pada proyek-proyek           and smoothness of telecommunications in AGN projects outside the
   AGN di luar kawasan SCBD, seperti di Emeralda Cibubur Golf Estate       SCBD area, such as in Emeralda Cibubur Golf Estate (internet network
   (pekerjaan pemasangan jaringan internet sejak 2022).                    installation work since 2022).




                                                                                                                                                              Profil Perusahaan
   Di kawasan SCBD yang menjadi tanggung jawab utamanya, terus             In the SCBD area, which is its main responsibility, it continues to improve




                                                                                                                                                               Company Profile
   dilakukan penyempurnaan pelayanannya, termasuk dalam kelancaran         its services, including in the smooth running of telecommunications at
   telekomunikasi pada acara-acara di kawasan SCBD, seperti pada Earth     events in the SCBD area, such as at Earth Hour (providing 100 Mbps
   Hour (penyediaan bandwidth 100 Mbps & free hotspot), dan event          bandwidth & free hotspots), and the Buka Bersama SCBD event (pulling
   Buka Bersama SCBD (penarikan jaringan baru dan pemasangan access        new networks and installing access points).
   point).




Pengembang dan Pengelola Kawasan                                           Estate Developer and Management




                                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                                               Management Discussion and Analysis
Entitas Anak PT Danayasa Arthatama (DA) mengembangkan                      Subsidiary PT Danayasa Arthatama (DA) develops and manages
dan mengelola Kawasan Niaga Terpadu Sudirman (SCBD) yang                   the Sudirman Central Business District (SCBD) located in the
berlokasi di daerah segitiga emas Jakarta, di antara Jalan Jenderal        golden triangle of Jakarta, between Jenderal Sudirman Street,
Sudirman, Jalan Jenderal Gatot Subroto dan Jembatan Semanggi.              Jenderal Gatot Subroto Street and Semanggi Bridge. Within
Di dalam kawasan seluas ± 50 ha telah berdiri 13 gedung                    the ± 50 ha area, there are 13 office buildings, 5 (five) exclusive
perkantoran, 5 (lima) hunian eksklusif, 3 (tiga) pusat perbelanjaan        residences, 3 (three) modern shopping centers, 3 (three) hotels
modern, 3 (tiga) hotel (2 bintang lima dan 1 bintang empat),               (2 five-star and 1 four-star), which are supported and equipped with
yang didukung dan dilengkapi dengan keberadaan sarana dan                  integrated facilities and infrastructure.
prasarana yang terintegrasi.

PT DA bertanggung jawab untuk memberikan pelayanan terbaik                 PT DA is responsible for providing the best and excellent service to
dan prima buat mengakomodasikan kepentingan semua pihak                    accommodate the interests of all parties who are active in SCBD.
yang beraktivitas di SCBD. Sekitar 100.000 orang beraktivitas di           Approximately 100,000 people are active in it every day. Vehicles
dalamnya setiap harinya. Kendaraan yang masuk melalui lima pintu           entering through the five SCBD gates (two from Sudirman Street




                                                                                                                                                              Human Capital
                                                                                                                                                              Human Capital
SCBD (dua dari Jalan Sudirman dan masing-masing satu dari Jalan            and one each from Gatot Subroto Street, Widya Chandra, and
Gatot Subroto, Widya Chandra dan Senopati) lebih dari 90.000               Senopati) are more than 90,000 units. And to smoothen the traffic
unit. Dan untuk melancarkan arus lalu lintas di kawasan telah              flow in the area, the road has been widened towards Senopati,
dilakukan pelebaran jalan arah Senopati, pembukaan westway                 opening of the westway tunnel to accommodate vehicle traffic
tunnel mengakomodasi lalu lintas kendaraan dari arah Gatot                 from Gatot Subroto to Jendral Sudirman Street on the side of The
Subroto ke arah Jalan Jendral Sudirman sisi gedung The Energy.             Energy building.

Sarana dan prasarana yang ada terus dilengkapi, ditambah dan               Existing facilities and infrastructure continue to be equipped,
                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                               Corporate Governance




diganti. Revitalisasi ruang hijau di kawasan dengan konsep tropis          added and replaced. Revitalization of green spaces in the area
modern terus dilakukan. Pohon-pohon besar telah dilengkapi                 with a modern tropical concept continues. Large trees have been
dengan penguat dan lampu. Seluruh lampu penerangan jalan (266              equipped with reinforcements and lights. All street lights (266
unit), lampu sorot (71 unit) dan lampu pedestrian (107 unit) telah         units), floodlights (71 units) and pedestrian lights (107 units) have
diganti dengan yang hemat energi. Sebanyak 198 unit CCTV telah             been replaced with energy-efficient ones. A total of 198 CCTV units
dipasang untuk memonitor kawasan.                                          have been installed to monitor the area.

Telah pula tersedia 4 (empat) mobil untuk pemadaman kebakaran,             There are also 4 (four) cars available for fire fighting, consisting of:
terdiri dari: sebuah mobil tangga dengan ketinggian tangga                 a ladder car with a ladder height of up to 70 meters, two fire trucks
hingga 70 meter, dua mobil pemadam dengan kapasitas tangki air             with water tank capacities of 4,000 liters and 10,000 liters, and a
                                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                                               Sustainability Report




4.000 liter dan 10.000 liter, dan sebuah jeep rescue yang dapat            rescue jeep that can be used to evacuate victims for incidents in
digunakan untuk evakuasi korban untuk kejadian di basement                 the basement of office buildings.
gedung perkantoran.




                                                                                                           2023 Integrated Annual Report                 85
Page 88
PT Jakarta International Hotels & Development Tbk




Kinerja Keuangan Perusahaan
Financial Performance of the Company

Penyusunan ulasan mengenai kinerja keuangan berdasarkan                     The preparation of a review of financial performance is based on
data-data keuangan yang disajikan sesuai dengan kaidah yang                 financial data presented in accordance with the rules set out in
tertuang dalam Standar Akuntansi Keuangan (SAK) Indonesia.                  Indonesian Financial Accounting Standards (SAK). The following
Pembahasan dan analisis berikut mengacu pada Laporan Keuangan               discussion and analysis refers to the Consolidated Financial
Konsolidasian Perseroan dan Entitas Anak untuk tahun-tahun yang             Statements of the Company and Subsidiaries for the years ended
berakhir pada 31 Desember 2023 dan 2022 yang telah diaudit                  December 31, 2023 and 2022 which have been audited by the
oleh Kantor Akuntan Publik (KAP) Mirawati Sensi Idris dengan                Public Accounting Firm (KAP) Mirawati Sensi Idris with Leo Susanto
penanggung jawab Leo Susanto dalam laporannya tertanggal                    as the person in charge of the report dated March 28, 2024 with a
28 Maret 2024 dengan opini wajar dalam semua hal yang material.             fair opinion in all material respects.

Pemahaman atas uraian tinjauan keuangan yang tersaji tetap                  An understanding of the description of the financial review
memperhatikan penjelasan pada catatan Laporan Keuangan                      presented continues to pay attention to the explanation in the
Konsolidasian sebagai bagian yang tidak terpisahkan dari Laporan            notes to the Consolidated Financial Statements as an integral
Tahunan ini. Analisis terkait kinerja keuangan Perseroan juga               part of this Annual Report. The analysis related to the Company's
mengacu pada kinerja keuangan di tahun sebelumnya sebagai                   financial performance also refers to the financial performance in the
data pembanding sehingga analisis yang disampaikan lebih                    previous year as comparative data so that the analysis presented is
komprehensif.                                                               more comprehensive.

Laporan Posisi Keuangan Konsolidasian                                       Consolidated Statements of Financial Position
Perseroan    senantiasa      berupaya    mengelola     keuangan             The Company always strives to manage its finances by prioritizing
dengan mengedepankan prinsip kehati-hatian dalam rangka                     prudent principles in order to maintain a strong financial position so
mempertahankan posisi keuangan yang kuat sehingga pada                      that in the end it can create internal stability to face dynamic global
akhirnya dapat menciptakan stabilitas internal untuk menghadapi             and domestic macroeconomic conditions, and provide flexibility in
kondisi makroekonomi global dan domestik yang dinamis, serta                supporting business expansion.
memberikan fleksibilitas dalam mendukung ekspansi bisnis.

Jumlah Aset                                                                 Total Assets


            Jumlah Aset                                                 Aset Lancar & Aset Tidak Lancar
            Total Assets                                              Current Assets & Non-current Assets
           Rp triliun/trillion                                                      Rp Juta/million

                        6.529.925,2            15,4%                                                                                 -3,1%

  2023                     -0,7%         569.570,4                                     5.960.354,8



                                               0,7%                                                                                  -0,6%
                        6.719.372,8


  2022                     -0,5%        493.454,8                                      6.085.372,9




Perseroan mencatatkan penurunan jumlah aset menjadi Rp6,53                  The company recorded a decrease in total assets to Rp6.53 trillion
triliun pada akhir 2023. Turun Rp48,9 miliar atau 0,7% dari 2022            at the end of 2023. This was a decrease of Rp48.9 billion or 0.7%
yang tercatat Rp6,58 triliun. Penurunan tersebut disebabkan                 from Rp6.58 trillion in 2022. The decline was due to the amount of
jumlah aset tidak lancar yang berkurang Rp125,02 miliar atau 2,1%.          non-current assets which decreased by Rp125.02 billion or 2.1%.

Aset Lancar                                                                 Current Assets
                                        2023                2022                  Perubahan | Change
             Keterangan                                                                                                    Description
                                               dalam jutaan | in million Rupiah                       %
Kas dan setara kas                       412.934,7          324.480,6             88.454,1                27,3          Cash and cash equivalents
Piutang usaha                                                                                                            Trade accounts receivable
  Pihak berelasi                            7.177,5           6.563,9                613,6                 9,3                    Related parties
  Pihak ketiga                            38.913,6           38.383,2                530,4                 1,4                      Third parties

Piutang lain-lain                          12.215,2            12.174,9               40,3                 0,3           Others account receivable
Persediaan                                37.369,9           38.997,5              -1.627,6               -4,2                           Inventories
Pajak dibayar dimuka                       30.142,1           43.906,1            -13.764,0               -31,3                      Prepaid taxes
Biaya dibayar dimuka                      12.929,6            12.508,4               421,2                 3,4                   Prepaid expenses
Aset lancar lain-lain                      17.887,8           16.440,2              1.447,2                8,8               Other currents assets
Jumlah Aset Lancar                      569.570,4          493.454,9              76.115,9                15,4                Total Current Assets




86       Laporan Tahunan Terintegrasi 2023
Page 89
                                                                                                         Integrating Excellence for Sustainability




Aset lancar meningkat dari Rp493,45 miliar menjadi Rp569,57                      Current assets increased from Rp493.45 billion to Rp569.57 billion




                                                                                                                                                                         Prologue
                                                                                                                                                                          Prolog
miliar pada akhir 2023. Terdapat kenaikan senilai Rp76,12 miliar                 by the end of 2023. There was an increase of Rp76.12 billion or
atau 15,4%. Peningkatan aset lancar 2023 terutama berasal dari:                  15.4%. The increase in current assets in 2023 mainly came from:
kas dan setara kas sebesar Rp88,45 miliar, aset lancar lain-lain                 cash and cash equivalents of Rp88.45 billion, other current assets
Rp1,45 miliar, piutang usaha Rp1,11 miliar dan biaya dibayar dimuka              of Rp1.45 billion, trade receivables of Rp1.11 billion and prepaid




                                                                                                                                                                         Performamnce Highlights
Rp421,2 juta. Selain itu, terdapat penurunan pada: pajak dibayar                 expenses of Rp421.2 million. In addition, there was a decrease in:
dimuka sebesar Rp13,76 miliar dan persediaan Rp1,63 miliar.                      prepaid taxes of Rp13.76 billion and inventories of Rp1.63 billion.




                                                                                                                                                                              Ikhtisar Kinerja
Aset Tidak Lancar                                                                Noncurrent Assets
                                             2023                  2022                Perubahan | Change
              Keterangan                                                                                                                   Description
                                                    dalam jutaan | in million Rupiah                      %
Piutang lain-lain                              13.578,7              12.537,5             1.041,2                 8,3                      Other accounts receivable
Persediaan                                   2.153.158,1          2.125.789,9           27.368,2                  1,3                                      Inventories




                                                                                                                                                                         Laporan Manajemen
                                                                                                                                                                         Management Report
Biaya dibayar dimuka                           9.307,0                 9.918,1              -611,1              -6,2                               Prepaid expenses
Investasi saham                               357.820,1            356.375,1             1.445,0                  0,4               Investments in shares of stocks
Aset pengampunan pajak                         3.062,8               3.062,8                    0                   0                            Tax amnesty assets
Aset pajak tangguhan - bersih                 124.181,3            147.456,9           -23.275,5                -15,8                       Deferred tax assets - net
Properti investasi                          1.469.349,1            1.531.519,7          -62.170,6                 -4,1                         Investment properties
Aset tetap                                   914.892,7             935.777,2           -20.884,4                -2,2                        Property and equipment




                                                                                                                                                                         Profil Perusahaan
Goodwill                                      19.255,5              19.255,5                    0                   0                                        Goodwill




                                                                                                                                                                          Company Profile
Aset tidak lancar lain-lain                  895.749,4             943.680,4           -47.930,9                  -5,1                       Other noncurrent assets
Jumlah Aset Tidak Lancar                   5.960.354,8           6.085.372,9           -125.018,1                 -2,1                      Total Noncurrent Assets


Aset tidak lancar tercatat Rp5,96 triliun pada akhir 2023, turun                 Non-current assets were recorded at Rp5.96 trillion at the end of
Rp125,02 miliar atau 2,1% dari sebelumnya Rp6,09 triliun di akhir                2023, down Rp125.02 billion or 2.1% from Rp6.09 trillion at the end
2022. Penurunan tersebut terutama berasal dari penurunan:                        of 2022. The decrease mainly came from decrease in: investment




                                                                                                                                                                         Analisis dan Pembahasan Manajemen
properti investasi Rp62,17 miliar, aset tidak lancar lain-lain Rp47,93           properties of Rp62.17 billion, other non-current assets of Rp47.93




                                                                                                                                                                          Management Discussion and Analysis
miliar, aset pajak tangguhan – bersih Rp23,28 miliar dan aset                    billion, deferred tax assets - net of Rp23.28 billion and property
tetap Rp20,88 miliar. Di sisi lain terdapat kenaikan-kenaikan pada:              and equipment of Rp20.88 billion. On the other hand, there were
persediaan Rp27,37 miliar, investasi saham Rp1,45 miliar dan                     increases in: inventories Rp27.37 billion, investment in shares of
piutang lain-lain Rp1,04 miliar.                                                 stock Rp1.45 billion and other receivables Rp1.04 billion.

Jumlah Liabilitas                                                                Total Liabilities


                     Jumlah Liabilitas                                Liabilitas Jangka Pendek & Liabilitas Jangka Panjang
                      Total Liabilities                                    Current Liabilities & Non-Current Liabilities
                      Rp juta/Rp million                                                      Rp Juta/million

                                                          7,8%                                                                                             -10,1%
                         1.803.560,9




                                                                                                                                                                         Human Capital
                                                                                                                                                                         Human Capital
   2023                       -2,7%            828.753,7                                                                        974.807,2



                         1.852.972,3                  -0,4%                                                                                                 1,9%


                              0,9%            769.119,4                                                                      1.083.852,9
   2022
                                                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                                                          Corporate Governance




Jumlah liabilitas 2023 mencapai Rp1,8 triliun, turun Rp49,41 miliar              Total liabilities in 2023 reached Rp1.8 trillion, down Rp49.41 billion
atau 2,7% dari 2022 yang tercatat Rp1,85 triliun. Penurunan                      or 2.7% from 2022 which was recorded at Rp1.85 trillion. The
tersebut berasal dari liabilitas jangka panjang yang turun Rp109                 decrease came from non-current liabilities which decreased by
miliar, sedang pada liabilitas jangka pendek terdapat kenaikan                   Rp109 billion, while current liabilities increased by Rp59.63 billion.
Rp59,63 miliar.

Liabilitas Jangka Pendek                                                         Current Liabilities
                                             2023                  2022                 Perubahan | Change
              Keterangan                                                                                                                    Description
                                                                                                                                                                         Laporan Keberlanjutan




                                                    dalam jutaan | in million Rupiah                          %
                                                                                                                                                                          Sustainability Report




Utang bank jangka pendek                      95.000,0                       -         95.000,0                                                Short-term bank loans
Utang obligasi                                 6.000,0               6.000,0                     -                       -                           Bonds payable
Utang usaha                                                                                                                                  Trade accounts payable
 Pihak berelasi                                  338,9                1.401,8            -1.063,9                  -75,9                            Related parties
 Pihak ketiga                                 70.896,3               63.796,1              7.100,2                   11,1                             Third parties

Utang pajak                                   30.824,9               27.186,2            3.638,6                     13,4                                Taxes payable




                                                                                                                    2023 Integrated Annual Report                   87
Page 90
PT Jakarta International Hotels & Development Tbk




Beban akrual                               88.004,0            124.761,0             -36.757,0             -29,5                        Accrued expenses
Pendapatan diterima dimuka                 114.394,8           117.375,9              -2.979,2              -2,5                      Unearned revenues
Cadangan untuk penggantian                 16.405,5             14.806,0               1.599,5              10,8 Reserve for replacement of operating
peralatan usaha                                                                                                                                  equipment
Bagian liabilitas jangka panjang yang                                                                               Current portion of long-term liabilities
akan jatuh tempo dalam waktu satu
tahun
  Utang bank jangka panjang                                                                                                         Long-term bank loans
  Liabilitas sewa
                                            16.763,8            10.925,4              5.838,4               53,4                          Lease liabilities
                                              1.831,4            1.689,3                144,0                8,4
Liabilitas jangka pendek lain-lain       388.295,0              401.179,7            -12.884,7              -3,2                   Other current liabilities
Jumlah Liabilitas Jangka Pendek           828.753,7           769.119,4              59.634,3                7,8                  Total Current Liabilities

Jumlah Liabilitas Jangka Pendek tercatat Rp828,75 miliar, naik                Total Current Liabilities stood at Rp828.75 billion, an increase of
Rp59,63 miliar atau 7,8% dari 2022 yang mencapai Rp769,12 miliar.             Rp59.63 billion or 7.8% from 2022 which reached Rp769.12 billion.
Kenaikan ini terutama berasal dari adanya utang bank jangka                   This increase mainly came from a new short-term bank loans of
pendek baru sebesar Rp95 miliar, dan kenaikan pada: utang usaha               Rp95 billion, and an increase in: Rp7.1 billion in third-party trade
pihak ketiga Rp7,1 miliar, utang bank jangka panjang Rp5,84 miliar            payables, Rp5.84 billion in long-term bank loans and Rp3.64
dan utang pajak Rp3,64 miliar. Di sisi lain terdapat penurunan                billion in tax payables. On the other hand, there was a significant
signifikan pada: beban akrual Rp36,76 miliar dan liabilitas jangka            decrease in: accrued expenses of Rp36.76 billion and other current
pendek lain-lain Rp12,88 miliar.                                              liabilities of Rp12.88 billion.

Liabilitas Jangka Panjang                                                     Non-current Liabilities
                                          2023                2022                    Perubahan | Change
             Keterangan                                                                                                          Description
                                                 dalam jutaan | in million Rupiah                     %
Utang pihak berelasi                         3.148,8             4.939,0               -1.790,2            -36,2                    Due to related parties
Liabilitas pajak tangguhan - bersih          1.012,5             6.659,2              -5.646,7             -84,8               Deferred tax liabilities - net
Taksiran liabilitas untuk                  142.821,0           142.821,0                      -                 -     Estimated liability for infrastructure
pembangunan prasarana, fasilitas                                                                                          development, public and social
umum dan sosial                                                                                                                                     facilities
Liabilitas imbalan kerja jangka             76.616,1            72.147,9              4.468,2                6,2 Long-term employee benefits liability
panjang
Pendapatan diterima dimuka -                11.286,5             8.230,8               3.055,7               37,1    Unearned revenues – net of current
setelah dikurangi bagian yang                                                                                                                   portion
direalisasi dalam satu tahun
Pendapatan ditangguhkan                      7.618,4              7.618,4                     -                 -                       Deferred revenues
Liabilitas jangka-panjang setelah                                                                                    Long-term liabilities – net of current
dikurangi bagian yang jatuh tempo                                                                                                                   portion
dalam satu tahun

  Utang bank jangka panjang                                                                                                       Long-term bank loans
  Liabilitas sewa                          146.772,4          252.372,2             -105.599,8              -41,8                       Lease liabilities
                                             3.248.6              647,7                2.600,9             401,6
Liabilitas jangka panjang lain-lain      582.282,9            588.416,7                -6.133,7              -1,0             Others noncurrent liabilities
Jumlah Liabilitas Jangka Panjang         974.807,2         1.083.852,9              -109.045,7              -10,1             Total Noncurrent Liabilities


Jumlah Liabilitas Jangka Panjang menurun Rp109,04 miliar atau                 Total non-current liabilities decreased by Rp109.04 billion or 10.1%
10,1% menjadi Rp974,81 miliar dari Rp1,08 triliun. Penurunan                  to Rp974.81 billion from Rp1.08 trillion. The decrease was due to a
tersebut dikarenakan berkurangnya signifikan utang bank jangka                significant reduction in long-term bank loans from Rp252.37 billion
jangka panjang dari Rp252,37 miliar menjadi Rp146,77 miliar.                  to Rp146.77 billion.

Jumlah Ekuitas                                                                Total Equity
                                          2023                2022                    Perubahan | Change
             Keterangan                                                                                                          Description
                                                 dalam jutaan | in million Rupiah                     %

Ekuitas yang Dapat Diatribusikan                                                                                    Equity Attributable to Owners of the
kepada Pemilik Entitas Induk                                                                                                            Parent Company

Modal ditempatkan dan disetor            1.164.520,2         1.164.520,2                      -                 -                  Issued and fully paid –
penuh – 2.329.040.482 saham                                                                                                        2,329,040,482 shares

Tambahan modal disetor - bersih           655.921,4           655.921,4                       -                 -            Additional paid-in capital-net

Selisih nilai transaksi dengan            388.264,4           388.264,4                       -                 -         Difference in value arising from
kepentingan nonpengendali                                                                                                 transaction with non-controlling
                                                                                                                                                  interests

Selisih kurs penjabaran laporan                   0,0                 0,0                     -                 -       Exchange difference arising from
keuangan                                                                                                                  financial statements translation

Saldo laba                              1.363.6621,9          1.313.119,9            50.542,0                3,8                        Retained earnings

Kepentingan Nonpengendali                1.153.996,4        1.204.029,5              -50.033,1              -4,2                 Non-controlling Interests

Jumlah Ekuitas                          4.726.364,3        4.725.855,4                  508,9                0,0                               Total Equity


88      Laporan Tahunan Terintegrasi 2023
Page 91
                                                                                                   Integrating Excellence for Sustainability




Ekuitas Perseroan meningkat Rp508,97 juta atau 0,01% dari                    The Company's equity increased by Rp508.97 million or 0.01%




                                                                                                                                                          Prologue
                                                                                                                                                           Prolog
Rp4,725 triliun menjadi Rp4,726 triliun pada akhir 2023. Kontribusi          from Rp4.725 trillion to Rp4.726 trillion at the end of 2023. The
kenaikannya berasal dari saldo laba yang meningkat dari Rp1,31               contribution of the increase came from retained earnings which
triliun menjadi Rp1,36 triliun, sedang di sisi lain terdapat penurunan       increased from Rp1.31 trillion to Rp1.36 trillion, while on the other
kepentingan nonpengendali dari sebelumnya Rp1,2 triliun menjadi              hand there was a decrease in non-controlling interest from Rp1.2




                                                                                                                                                          Performamnce Highlights
Rp1,15 triliun.                                                              trillion to Rp1.15 trillion.




                                                                                                                                                               Ikhtisar Kinerja
Laporan Laba Rugi Komprehensif Konsolidasian                                 Consolidated Statements of Profit or Loss and
                                                                             Other Comprehensive Income
Pendapatan Usaha                                                             Revenues

                 Pendapatan Usaha                       Usaha Hotel, Real Estat, Jasa Telekomunikasi & Jasa Manajemen Perhotelan




                                                                                                                                                          Laporan Manajemen
                                                                                                                                                          Management Report
                      Revenues                        Hotel Business, Real Estate, Telecommunication Services & Hotel Management Services
                  Rp juta/Rp million                                                      Rp juta/million


                      1.465.917,9                  20,5%                              13,1%                                     10,9%       146,7%

   2023                 15,7%
                                                           565.934,1                              630.614,9                263.336,7         6.032,2



                      1.266.978,0                  58,2%                             43,5%                                   10,1%           35,5




                                                                                                                                                          Profil Perusahaan
                                                                                                                                                           Company Profile
                        40,3%                              469.518,8                          557.559,7                   237.454,3          2.445,2
   2022




Pendapatan usaha konsolidasian Perseroan berasal dari 4 (empat)              The Company's consolidated revenues come from 4 (four) business
segmen usaha: usaha hotel, real estat, jasa telekomunikasi dan               segments: hotel business, real estate, telecommunications services
jasa manajemen perhotelan. Per 31 Desember 2023 tercatat                     and hotel management services. As of December 31, 2023, they




                                                                                                                                                          Analisis dan Pembahasan Manajemen
Rp1,47 triliun, meningkat hingga Rp198,94 miliar atau 15,7% dari             stood at Rp1.47 trillion, an increase of Rp198.94 billion or 15.7% from




                                                                                                                                                           Management Discussion and Analysis
tahun sebelumnya Rp1,27 triliun.                                             the previous year's Rp1.27 trillion.

Peningkatan pendapatan usaha Perseroan tidak terlepas dari                   The increase in the Company's revenues was thanks to the return
kembali normalnya kegiatan masyarakat baik di level perkantoran,             of normal community activities at the office, hotel and mall, and
hotel dan mal, dan tidak ada lagi pembatasan yang dilakukan                  there were no more restriction imposed by the Government as
Pemerintah seperti di masa pandemi Covid-19. Hal ini berpengaruh             during the Covid-19 pandemic. This had a positive effect on the
positif pada kinerja segmen-segmen usaha Perseroan.                          performance of the Company's business segments.

Terdapat kenaikan pendapatan pada semua segmen usaha                         There was an increase in revenue in all of the Company’s business
Perseroan di 2023, dengan perincian: usaha hotel 20,5% (2022:                segments in 2023, with details: hotel business 20.5% (2022:
58,2%), real estat 13,1% (2022: 43,5%), jasa telekomunikasi 10,9%            58.2%), real estate 13.1% (2022: 43.5%), telecommunications
(2022: 10,1%) dan jasa manajemen perhotelan 146,7% (2022:                    services 10.9% (2022: 10.1%) and hotel management services
35,5%).                                                                      146.7% (2022: 35.5%).




                                                                                                                                                          Human Capital
                                                                                                                                                          Human Capital
Pendapatan segmen usaha hotel berasal dari konsolidasian                     Revenue from the hotel business segment comes from the
pendapatan Hotel Borobudur Jakarta, Hotel Ritz Carlton Pacific               consolidated revenue of Borobudur Hotel Jakarta, Ritz Carlton
Place dan Apartemen Pacific Place Residence. Terakumulasi                    Pacific Place Hotel and Pacific Place Residence Apartment.
mencapai Rp565,93 miliar di 2023. Terdapat peningkatan sebesar               Accumulated to reach Rp565.93 billion in 2023. There was an
Rp96,42 miliar atau 20,5% dari pendapatan di 2022 yang tercatat              increase of Rp96.42 billion or 20.5% from revenue in 2022 which
Rp469,52 miliar.                                                             was recorded at Rp469.52 billion.

Pendapatan segmen usaha real estat berasal dari aktivitas Mal                Revenues from the real estate business segment comes from the
                                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                                           Corporate Governance




Pacific Place Jakarta dan dua gedung perkantoran: One Pacific                activities of Pacific Place Jakarta Mall and two office buildings: One
Place dan Revenue Tower. Diperoleh pendapatan sebesar                        Pacific Place and Revenue Tower. Revenues of Rp630.61 billion
Rp630,61 miliar di 2023, naik Rp73,06 miliar atau 13,1% dari dari            was obtained in 2023, an increase of Rp73.06 billion or 13.1% from
capaian Rp557,56 miliar di 2022.                                             the achievement of Rp557.56 billion in 2022.

Segmen usaha jasa telekomunikasi memberikan kontribusi                       The telecommunications services business segment provides the
terbesar ketiga dari keseluruhan pendapatan Perseroan. Capaian               third largest contribution to the Company's overall revenue. Revenue
pendapatan di 2023 sebesar Rp263,34 miliar, meningkat Rp25,88                achievement in 2023 was Rp263.34 billion, an increase of Rp25.88
miliar atau 10,9% dari 2022 yang tercatat sebesar Rp237,45 miliar.           billion or 10.9% from 2022 which was recorded at Rp237.45 billion.
                                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                                           Sustainability Report




Pendapatan jasa manajemen perhotelan (Discovery Hotel & Resort)              Revenues from hotel management services (Discovery Hotel &
terhadap hotel yang dikelolanya dibukukan sebesar Rp6,03 miliar              Resort) stood at Rp6.03 billion in 2023, 146.7% greater than in
di 2023, lebih besar 146,7% dari 2022 yang tercatat Rp2,45 miliar.           2022 which was recorded at Rp2.45 billion.

Beban Pokok Penjualan                                                        Cost of Revenues
Beban pokok penjualan kembali mengalami peningkatan                          Cost of revenues increased compared to the previous year, mainly
dibandingkan tahun sebelumnya, terutama dipengaruhi oleh                     due to the increase in operating activities with the increasing
peningkatan aktivitas operasi dengan semakin bertambahnya                    volume of guest and visitors at hotels, malls and office buildings, as
volume kedatangan tamu dan pengunjung di hotel, mal dan                      well as the normalization of work programs that were suspended
gedung perkantoran, serta normalisasi program-program kerja                  during the Covid-19 pandemic.
yang ditiadakan pada saat terjadinya pandemi Covid-19.
                                                                                                              2023 Integrated Annual Report          89
Page 92
PT Jakarta International Hotels & Development Tbk




Beban pokok penjualan Perseroan dihitung dari beban pokok                      The Company's cost of revenues is calculated from the cost of
penjualan segmen usaha hotel dan real estat. Di akhir 2023,                    revenues of hotel and real estate business segments. At the end
terakumulasi sebesar Rp316,77 miliar, meningkat Rp22,62 miliar                 of 2023, it accumulated to Rp316.77 billion, an increase of Rp22.62
atau 7,7% dari sebelumnya tercatat Rp294,15 miliar.                            billion or 7.7% from the previous record of Rp294.15 billion.

Terdapat kenaikan beban pokok penjualan segmen usaha hotel                     There was an increase in the cost of revenues of the hotel business
hingga Rp19,4 miliar atau 9,3% dari Rp209,5 miliar menjadi                     segment by Rp19.4 billion or 9.3% from Rp209.5 billion to Rp228.91
Rp228,91 miliar. Sementara beban pokok penjualan segmen usaha                  billion. Meanwhile, cost of revenues of the real estate business
real estat meningkat sebesar Rp3,22 miliar atau 3,8% dari Rp84,64              segment increased by Rp3.22 billion or 3.8% from Rp84.64 billion
miliar menjadi Rp87,86 miliar.                                                 to Rp87.86 billion.

Laba Kotor                                                                     Gross Profit
                                           2023                2022                   Perubahan | Change
              Keterangan                                                                                                              Description
                                                  dalam jutaan | in million Rupiah                        %
 Pendapatan Usaha                         1.465.917,9        1.266.978,0             198.939,9                   15,7                                  Revenue
 Beban Pokok Penjualan                     316.768,3           294.150,6               22.617,7                      7,7                     Cost of Revenues
 Laba Kotor                               1.149.149,6          972.827,4             176.322,2                   18,1                               Gross Profit


Laba Kotor Perseroan di 2023 meningkat sejalan dengan                          The Company's gross profit in 2023 increased in line with the
pertumbuhan pendapatan usaha yang meningkat hingga 15,7%                       growth in revenues which increased by 15.7% and cost of revenues
dan beban pokok penjualan 7,7%. Laba kotor yang diperoleh                      by 7.7%. The gross profit reached Rp1.15 trillion, Rp176.32 billion or
mencapai Rp1,15 triliun, lebih besar Rp176,32 miliar atau 18,1% dari           18.1% higher than the Rp972.83 billion booked in 2022.
yang dibukukan Rp972,83 miliar di 2022.

Beban Usaha                                                                    Operating Expenses
Beban usaha Perseroan terdiri dari: penjualan, umum dan                        The Company's operating expenses consist of: selling, general and
administrasi, dan pajak final. Di 2023, terakumulasi sebesar Rp1,09            administrative, and final tax. In 2023, they stood at Rp1.09 trillion,
triliun, naik Rp118,83 miliar atau 12,1%, dari sebelumnya Rp980,65             up Rp118.83 billion or 12.1%, from Rp980.65 billion previously. They
miliar. Terdiri dari: penjualan Rp27,6 miliar (naik 43,6% dari Rp19,22         consisted of: sales of Rp27.6 billion (up 43.6% from Rp19.22 billion),
miliar), umum dan administrasi Rp994,35 miliar (naik 11,5% dari                general and administrative of Rp994.35 billion (up 11.5% from
Rp892,06 miliar) dan pajak final Rp77,53 miliar (naik 11,8% dari               Rp892.06 billion) and final tax of Rp77.53 billion (up 11.8% from
Rp69,38 miliar).                                                               Rp69.38 billion).

Laba (Rugi) Usaha                                                              Income (Loss) from Operations
                                           2023                2022                  Perubahan | Change
              Keterangan                                                                                                            Description
                                                  dalam jutaan | in million Rupiah                   %
 Laba Kotor                                 1.149.149,6         972.827,5             176.322,2               18,1                                  Gross Profit
 Beban Usaha                               1.099.488,7          980.654,3             118.834.4               12,1                        Operating Expenses
 Laba (Rugi) Usaha                           49.661,0            (7.826,8)             57.487,7           734,5                Income (Loss) from Operations


Perseroan secara konsolidasi berhasil membukukan laba usaha                    On a consolidated basis, the company managed to book an
sebesar Rp49,66 miliar di akhir 2023, setelah sebelumnya masih                 income from operations of Rp49.66 billion at the end of 2023, after
tercatat rugi usaha Rp7,83 miliar di 2022. Laba usaha kembali                  previously recording an loss from operations Rp7.83 billion in 2022.
diperoleh di 2023, dikarenakan laba kotor yang diperoleh lebih                 Income from operations was again obtained in 2023, because the
besar dari beban usaha.                                                        gross profit earned was greater than operating expenses.

Penghasilan (Beban) Lain-Lain                                                  Other Income (Expenses)
                                           2023                2022                   Perubahan | Change
              Keterangan                                                                                                              Description
                                                  dalam jutaan | in million Rupiah                        %
Pendapatan sewa dan pengelolaan             206.523,3            183.077,8             23.445,5                  12,8         Revenues from rental and estate
kawasan                                                                                                                                         management
Pendapatan bunga                              10.447,7             6.519,5              3.928,2                 60,3                           Interest income
Bagian laba entitas asosiasi dan               1.446,4                670,7               775,7                 115,7 Share in net income of associates and
ventura bersama                                                                                                                               joint ventures
Kerugian selisih kurs mata uang asing          (404,3)              (278,3)              (126,0)                45,3            Loss on foreign exchange - net
- bersih
Kerugian penurunan nilai - bersih            (11.526,6)           (2.419,8)            (9.106,8)               376,3             Provision for impairment - net
Beban bunga dan beban keuangan               (19.957,4)         (33.953,9)             13.996,5                 -41,2      Interest expense and other financial
lainnya                                                                                                                                               charges
Lain-lain – bersih                             7.743,5             4.265,7              3.477,8                  81,5                               Others - net
Penghasilan Lain-Lain - Bersih              194.272,6            157.881,7            36.390,8                  23,0                       Other Income - Net

Penghasilan lain-lain – bersih di 2023 mencapai Rp194,27 miliar                Other income - net in 2023 reached Rp194.27 billion (up 23% from
(naik 23% dari Rp157,88 miliar). Kontribusi terbesarnya masih                  Rp157.88 billion). The largest contribution still came from rental and
berasal pendapatan sewa dan pengelolaan kawasan yang                           estate management which reached Rp206.52 billion (up 12.8%
mencapai Rp206,52 miliar (naik 12,8% dari Rp183,08 miliar).                    from Rp183.08 billion).



90       Laporan Tahunan Terintegrasi 2023
Page 93
                                                                                                              Integrating Excellence for Sustainability




Terdapat pula pendapatan bunga yang meningkat menjadi                                There was also interest income which increased to Rp10.45 billion




                                                                                                                                                                         Prologue
                                                                                                                                                                          Prolog
Rp10,45 miliar (2022: Rp6,52 miliar), bagian laba entitas asosiasi                   (2022: Rp6.52 billion), share in net income of associates and joint
dan ventura bersama Rp1,45 miliar (2022: Rp670,7 juta), dan lain-                    ventures of Rp1.45 billion (2022: Rp670.7 million), and others-net
lain bersih yang naik menjadi Rp7,74 miliar (2022: Rp4,27 miliar).                   which rose to Rp7.74 billion (2022: Rp4.27 billion).




                                                                                                                                                                         Performamnce Highlights
Selain itu ada kerugian: selisih kurs mata uang asing – bersih                       In addition, there were loss on foreign exchange - net of Rp404.3
Rp404,3 juta (2022: Rp278,3 juta), penurunan nilai – bersih Rp11,53                  million (2022: Rp278.3 million), provision for impairment - net of




                                                                                                                                                                              Ikhtisar Kinerja
miliar (2022: Rp2,42 miliar), dan beban bunga dan beban keuangan                     Rp11.53 billion (2022: Rp2.42 billion), and interest expense and
lainnya sebesar Rp19,96 miliar (2022: Rp33,95 miliar).                               other financial charges of Rp19.96 billion (2022: Rp33.95 billion).

Laba Sebelum Pajak                                                                   Profit Before Tax
                                            2023                    2022              Perubahan | Change
            Keterangan                                                                                                                Description
                                                   dalam jutaan | in million Rupiah                       %
Laba (Rugi) Usaha                             49.660,9                (7.826,8)          57.487,7           -734,5                  Income (Loss) from Operations




                                                                                                                                                                         Laporan Manajemen
                                                                                                                                                                         Management Report
Penghasilan Lain-Lain                         194.272,6              157.881,7          36.390,9              23,0                                     Other Income
Laba Sebelum Pajak                           243.933,5              150.054,9           93.878,6              62,6                               Profit Before Tax


Perseroan memperoleh laba sebelum pajak sebesar Rp243,93                             The Company earned profit before tax of Rp243.93 billion in 2023,
miliar di 2023, meningkat Rp93,88 miliar atau 62,6% dari Rp150,05                    an increase of Rp93.88 billion or 62.6% from Rp150.05 billion
miliar yang dicapai tahun sebelumnya. Hal ini dikarenakan adanya                     achieved in the previous year. This was due to an increase in net
kenaikan penghasilan lain-lain bersih yang dibukukan oleh                            other income booked by the Company in 2023.




                                                                                                                                                                         Profil Perusahaan
Perseroan di 2023.




                                                                                                                                                                          Company Profile
Laba Tahun Berjalan                                                                  Profit for The Year
                                            2023                    2022                 Perubahan | Change
            Keterangan                                                                                                                   Description
                                                   dalam jutaan | in million Rupiah                           %
Laba Sebelum Pajak                            243.933,5              150.054,9            93.878,6                    62,6                        Profit Before Tax
Beban Pajak - Bersih                           29.809,0                17.479,5           12.329,5                    70,5                       Tax Expense - Net




                                                                                                                                                                         Analisis dan Pembahasan Manajemen
                                                                                                                                                                          Management Discussion and Analysis
Laba Tahun Berjalan                           214.124,5              132.575,4            81.549,1                    61,5                       Profit for the Year


Perseroan memperoleh laba tahun berjalan sebesar Rp214,12                            The company earned a profit for the year of Rp214.12 billion in
miliar di 2023. Lebih besar Rp81,55 miliar atau 61,5% dari tahun                     2023. This was Rp81.55 billion or 61.5% higher than the previous
sebelumnya yang tercatat Rp132,57 miliar.                                            year's profit of Rp132.57 billion.

                                             2023                    2022                  Perubahan | Change
            Keterangan                                                                                                                    Description
                                                     dalam jutaan | in million Rupiah                             %
Laba Tahun Berjalan yang Dapat Diatribusikan Kepada:                                                                            Profit for the Year Attributable to:
Pemilik Entitas Induk                           52.589,4                   3.871,1           48.718,3                 1.258,5      Owners of the Parent Company
Kepentingan nonpengendali                       161.535,1              128.704,3           32.830,8                     25,5              Non-controlling interests
Jumlah                                         214.124,5              132.575,4             81.549,1                    61,5                                     Total




                                                                                                                                                                         Human Capital
                                                                                                                                                                         Human Capital
                                                                       Imbal Hasil | Yield
     Perseroan menggunakan 3 (tiga) rasio rentabilitas untuk mengukur                The Company uses 3 (three) profitability ratios to measure its ability to
     kemampuannya dalam menghasilkan keuntungan dalam satu periode,                  generate profits in one period, namely profit margin, return on assets
     yaitu profit margin, imbal hasil aset (Return on Investment) dan imbal          (Return on Investment) and return on equity. In 2023, the three ratios
     hasil ekuitas (Return on Equity). Di 2023, untuk ketiga rasio dicapai           were achieved at 14.6%, 3.3% and 4.5% respectively, better than those
     masing-masing sebesar 14,6%, 3,3% dan 4,5%, lebih baik dari yang                achieved in 2021 and 2022.
     dicapai di 2021 dan 2022
                                                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                                                          Corporate Governance




                    Tahun                                 Profit                           Imbal Hasil Aset                      Imbal Hasil Ekuitas
                     Year                                 Margin                         Return on Investment                     Return on Equity
                     2023                                 14,6%                                   3,3%                                   4,5%
                     2022                                 10,5%                                   2,0%                                   2,8%
                        2021                              (12,6)%                                (1,7)%                                 (2,4)%
                                                                                                                                                                         Laporan Keberlanjutan
                                                                                                                                                                          Sustainability Report




                                                                                                                        2023 Integrated Annual Report               91
Page 94
PT Jakarta International Hotels & Development Tbk




Penghasilan (Rugi) Komprehensif Lain                                                Other Comprehensive Income (Loss)
                                             2023                   2022                  Perubahan | Change
            Keterangan                                                                                                                 Description
                                                      dalam jutaan | in million Rupiah                       %
Pos yang tidak akan direklasifikasi ke laba rugi                                            Items that will not be reclassified subsequently to profit and loss
Pengukuran kembali liabilitas                      (1.907,3)           16.892,1            -18.799,5              -111,3     Remeasurement of defined benefit
imbalan pasti                                                                                                                                         liability
Pajak sehubungan dengan pos yang                      120,5             (3.211,7)           3.332,2              -103,8     Tax relating to items that will not be
tidak akan direklasifikasi                                                                                                                           reclassified
Bagian rugi komprehensif lain dari                      (1,4)               (1,2)               -0,2               18,4 Equity accounted investee – share of
entitas asosiasi yang dicatat dengan                                                                                               other comprehensive loss
metode ekuitas
Jumlah Penghasilan (Rugi)                          (1.788.3)          13.679,2            -15.467,5               -113,1   Total Other Comprehensive Income
Komprehensif Lain – Setelah Pajak                                                                                                          (Loss) - Net of Tax

Terdapat rugi komprehensif lain setelah pajak sebesar Rp1,79 miliar                 There was an other comprehensive loss after tax of Rp1.79 billion
di 2023 (2022: penghasilan sebesar Rp13,68 miliar). Penurunan                       in 2023 (2022: income of Rp13.68 billion). The decrease of
sebesar Rp15,47 miliar atau 113,1% di 2023, terutama berasal                        Rp15.47 billion or 113.1% in 2023, mainly came from the decrease
dari penurunan pengukuran kembali liabilitas imbalan pasti dari                     in remeasurement of defined benefit liability from Rp16.89 billion
sebelumnya Rp16,89 miliar menjadi Rp-1,91miliar.                                    to Rp-1.91 billion.

Jumlah Penghasilan Komprehensif                                                     Total Comprehensive Income
                                             2023                   2022                  Perubahan | Change
            Keterangan                                                                                                                 Description
                                                      dalam jutaan | in million Rupiah                       %
Laba Tahun Berjalan                            214.124,5              132.575,4             81.549,1               61,5                        Profit for the Year
Penghasilan (Rugi) Komprehensif                    (1.788.3)           13.679,2            -15.467,5              -113,1   Other Comprehensive Income (Loss)
Lain – Setelah Pajak                                                                                                                             – Net of Tax
Jumlah Penghasilan Komprehensif               212.336,2              146.254,6            66.081,6                45,2           Total Comprehensive Income

Perseroan memperoleh jumlah penghasilan komprehensif yang                           The Company earned total comprehensive income which
meningkat seiring dengan kenaikan laba tahun berjalan, sebesar                      increased in line with the increase in profit for the year, amounting
Rp212,34 miliar di 2023 (2022: Rp146,25 miliar), yang diatribusikan                 to Rp212.34 billion in 2023 (2022: Rp146.25 billion), attributable to
kepada Pemilik Entitas Induk sebesar Rp50,54 miliar.                                Owners of the Parent Company of Rp50.54 billion.


                                             2023                   2022                  Perubahan | Change
            Keterangan                                                                                                                 Description
                                                      dalam jutaan | in million Rupiah                       %

Jumlah Penghasilan (Rugi) Komprehensif yang Dapat Diatribusikan                                          Total Comprehensive Income (Loss) Attributable to:
Kepada:

Pemilik Entitas Induk                          50.542,0                13.619,3            36.922,7               271,1         Owners of the Parent Company

Kepentingan nonpengendali                      161.794,2             132.635,3             29.158,9               22,0                 Non-controlling interests

Jumlah                                        212.336,2              146.254,6            66.081,6                45,2                                      Total

Laporan Arus Kas Konsolidasian                                                      Consolidated Statements of Cash Flows

                                                                Arus Kas Bersih | Net Cash Flow
                                                                  dalam jutaan | in million Rupiah

              Aktivitas Operasi                                       Aktivitas Investasi                                    Aktivitas Pendanaan
             Operation Activities                                    Investing Activities                                    Financing Activities



         2023               442.345,8                                   (75.133,5)       2023                              (277.323,2)          2023




         2022           359.312,8                                  (131.065,5)           2022                                   (209.559,9) 2022




92       Laporan Tahunan Terintegrasi 2023
Page 95
                                                                                                    Integrating Excellence for Sustainability




                                             2023             2022                  Perubahan | Change
              Keterangan                                                                                                         Description




                                                                                                                                                               Prologue
                                                 dalam jutaan | in million Rupiah




                                                                                                                                                                Prolog
                                                                                                   %
Kenaikan bersih kas dan setara kas             89.889,1         18.687,4             71.201,7            381,0 Net Increase in cash and cash equivalents
Kas dan setara kas awal tahun                324.480,6        299.602,3             24.878,3               8,3             Cash and cash equivalents at the
                                                                                                                                     beginning of the year




                                                                                                                                                               Performamnce Highlights
Pengaruh perubahan kurs mata uang              (1.435,0)          6.191,0            -7.626,0            -123,2      Effect of foreign exchange rate changes




                                                                                                                                                                    Ikhtisar Kinerja
asing
Kas dan setara kas akhir tahun               412.934,7       324.480,6              88.454,1              27,3      Cash and cash equivalents at the end of
                                                                                                                                                   the year


Saldo akhir kas dan setara kas Perseroan pada akhir 2023 tercatat            The Company's final balance of cash and cash equivalents at the
Rp412,93 miliar, lebih besar Rp88,45 miliar dari yang dibukukan              end of 2023 was recorded at Rp412.93 billion, Rp88.45 billion
pada akhir 2022 sebesar Rp324,48 miliar. Peningkatan ini berasal             higher than that recorded at the end of 2022 of Rp324.48 billion.
dari kenaikan kas bersih yang diperoleh: aktivitas operasi sebesar           This increase came from an increase in net cash provided by




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
23,1%, dan aktivitas pendanaan 32,3%. Sedang di sisi lain terdapat           operating activities by 23.1%, and financing activities by 32.3%. On
penurunan kas bersih aktivitas investasi sebesar 42,6%.                      the other hand, there was a decrease in net cash from investing
                                                                             activities of 42.6%.

Arus Kas Operasi                                                             Cash Flows From Operating Activities
Dari aktivitas operasi hingga akhir 2023 diperoleh kas bersih                Net cash from operating activities until the end of 2023 amounted
sebesar Rp442,34 miliar, naik Rp83,03 miliar atau 23,1%. Kenaikan            to Rp442.34 billion, an increase of Rp83.03 billion or 23.1%. This
ini terutama berasal dari meningkatnya penerimaan kas dari                   increase mainly came from an increase in cash receipts from




                                                                                                                                                               Profil Perusahaan
pelanggan menjadi Rp1,66 triliun dari sebelumnya Rp1,45 triliun.             customers to Rp1.66 trillion from previously Rp1.45 trillion. On the




                                                                                                                                                                Company Profile
Di sisi lain, terdapat kenaikan pembayaran: kas untuk/kepada                 other hand, there was an increase in cash paid for/to suppliers,
pemasok, karyawan dan lainnya dari Rp1,02 triliun menjadi Rp1,13             employees and others from Rp1.02 trillion to Rp1.13 trillion, income
triliun, pajak penghasilan dari Rp11,44 miliar menjadi Rp11,86 miliar,       taxes paid from Rp11.44 billion to Rp11.86 billion, and final income
dan pajak final dari Rp69,99 miliar menjadi Rp77,6 miliar.                   tax paid from Rp69.99 billion to Rp77.6 billion.

Arus Kas Investasi                                                           Cash Flows From Investing Activities
Kas neto yang digunakan untuk aktivitas investasi hanya Rp75,13              Net cash used in investing activities was only Rp75.13 billion until




                                                                                                                                                               Analisis dan Pembahasan Manajemen
miliar hingga akhir 2023 (2022: Rp131,07 miliar), terdapat                   the end of 2023 (2022: Rp131.07 billion), a 42.6% decrease. The




                                                                                                                                                                Management Discussion and Analysis
penurunan 42,6%. Penurunan tersebut dikarenakan berkurangnya                 decrease was due to the decrease in the acquisition of investment
perolehan properti investasi dari Rp32,25 miliar menjadi Rp8,39              properties from Rp32.25 billion to Rp8.39 billion and no payment
miliar dan tidak adanya penambahan uang muka (2022: Rp6,9                    of advance (2022: Rp6.9 billion). Meanwhile, the acquisition of
miliar. Sementara untuk perolehan aset tetap mengalami kenaikan              property and equipment increased from Rp71 billion to Rp85.58
dari Rp71 miliar menjadi Rp85,58 miliar.                                     billion.

Arus Kas Pendanaan                                                           Cash Flows From Financing Activities
Kas neto digunakan untuk aktivitas pendanaan di 2023 naik                    Net cash used in financing activities in 2023 rose to Rp277.32
menjadi Rp277,32 miliar (2022: Rp209,56 miliar). Peningkatan                 billion (2022: Rp209.56 billion). The increase mainly came from
tersebut terutama berasal dari adanya pembayaran dividen                     dividends to non-controlling interests of Rp207.48 billion (2022:
kepada kepentingan nonpengendali sebesar Rp207,48 miliar                     188.08 billion). In addition, there was an increase in payments of
(2022: 188,08 miliar). Selain ini, ada kenaikan pembayaran utang             long-term bank loans from Rp9.1 billion to Rp100.64 billion and
bank jangka panjang dari Rp9,1 miliar menjadi Rp100,64 miliar dan            other financial charges from Rp11.05 billion to Rp59.95 billion, and
beban keuangan lainnya dari Rp11,05 miliar menjadi Rp59,95 miliar,           a decrease in payments of lease liabilities from Rp2.23 billion to




                                                                                                                                                               Human Capital
                                                                                                                                                               Human Capital
dan penurunan pembayaran: liabilitas sewa dari Rp2,23 miliar                 Rp2.47 billion.
menjadi Rp2,47 miliar.

Kemampuan Membayar Pinjaman dan Kolektibilitas                               Debt Paying Ability and Receivables Collectibility
Piutang
Kemampuan Membayar Pinjaman                                                  Debt-Paying Ability
Perseroan menggunakan 4 (empat) rasio keuangan untuk                         The Company uses 4 (four) financial ratios to illustrate the level of
                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance




menggambarkan tingkat likuiditas dan solvabilitas berkaitan untuk            liquidity and solvency related to meeting current and non-current
memenuhi kewajiban jangka pendek dan jangka panjang. Dua                     liabilities. Two liquidity ratios, namely current ratio and cash ratio,
rasio likuiditas, yaitu rasio lancar dan rasio kas digunakan untuk           are used to measure the ability to pay off current liabilities. Two
mengukur kemampuan melunasi kewajiban jangka pendek. Dua                     solvency ratios, namely asset solvency and equity solvency, are
rasio solvabilitas, yaitu solvabilitas aset dan solvabilitas ekuitas,        used to measure the ability to meet all liabiilities.
digunakan untuk mengukur kemampuan memenuhi seluruh
kewajibannya.
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




                                                                                                                  2023 Integrated Annual Report          93
Page 96
PT Jakarta International Hotels & Development Tbk




             Rasio Lancar                        Rasio Kas                              Solvabilitas Aset                   Solvabilitas Ekuitas
             Current Ratio                       Cash Ratio                              Asset Solvency                      Equity Solvency

     68,7%                              49,8%                                                 28,2%                                39,2%
                                                                                                                       38,2%                   38,5%
                 64,2%                                                         27,6%            1,4%     27,8%                       1,8%
      7,0%                   63,4%       18,0%      42,2%                                                                                       2,1%
                                                                38,8%                                       1,5%         -2,6%
                  1,3%          17,2%                8,8%                       -2,1%
                                                                  41,6%




     2023        2022        2022       2023        2022        2022           2023           2022       2022          2023         2022       2022



Rasio lancar dan rasio kas meningkat dengan masing-masing                     The current ratio and cash ratio improved to reach 68.7% and
mencapai 68,7% dan 49,8% di 2023. Dengan demikian kemampuan                   49.8% respectively in 2023. Thus the ability to meet its current
memenuhi kewajiban jangka pendeknya tercatat lebih baik dari                  liabilities was better than the previous year, which stood at 64.2%
tahun sebelumnya yang tercatat masing-masing mencapai 64,2%                   and 42.2%, respectively.
dan 42,2%.

Dua rasio solvabilitas kembali membaik di 2023. Solvabilitas aset             The two solvency ratios improved again in 2023. Asset solvency
menjadi 27,6% (2022: 28,2%), demikian halnya dengan solvabilitas              became 27.6% (2022: 28.2%), as did equity solvency to 38.2%
ekuitas menjadi 38,2% (2022: 39,2%). Penurunan jumlah kewajiban               (2022: 39.2%). The decrease in liabilities had the effect of
berpengaruh pada naiknya kedua rasio solvabilitas.                            increasing both solvency ratios.

Tingkat Kolektibilitas Piutang                                                Receivables Collectibility
Perseroan meninjau kolektibilitas piutang usaha secara berkala.               The Company reviews the collectibility of trade receivables on a
Piutang yang diketahui tidak tertagih, dihapuskan secara langsung             regular basis. Receivables known to be uncollectible are written
dengan mengurangi nilai tercatatnya. Akun penyisihan digunakan                off immediately by reducing the carrying amount. An allowance
ketika terdapat bukti yang objektif bahwa Perseroan tidak dapat               account is used when there is objective evidence that the Company
menagih seluruh nilai terutang sesuai dengan persyaratan awal                 will not be able to collect all amounts due in accordance with the
piutang.                                                                      original terms of the receivables.

Tingkat perputaran piutang Perseroan di 2023 adalah 11,3 hari (2022:          The Company's receivables turnover rate in 2023 was 11.3 days
13 hari). Perseroan dan Entitas Anak juga telah mencadangkan                  (2022: 13 days). The Company and Subsidiaries have also reserved
kerugian nilai piutang sebesar Rp32,07 miliar (2022: Rp23,2 miliar)           for impairment of receivables amounting to Rp32.07 billion
untuk menutup kemungkinan kerugian atas tidak tertagihnya                     (2022: Rp23.2 billion) to cover possible losses on uncollectible
piutang tersebut. Terdapat penurunan atas cadangan kerugian nilai             receivables. There was a decrease in the allowance for impairment
piutang sebesar Rp8,87 miliar di 2023 (2022: Rp1,51 miliar).                  of receivables of Rp8.87 billion in 2023 (2022: Rp1.5 billion).

Struktur Permodalan                                                           Capital Structure
Perseroan dalam mengelola struktur modal, akan dilakukan                      In managing the capital structure, the Company will make
penyesuaian terhadap dinamika perekonomian dan bisnis. Secara                 adjustments to the dynamics of the economy and business.
berkala juga melakukan pemantauan guna memastikan struktur                    Regular monitoring is also carried out to ensure that the capital
modal dan imbal hasil bagi pemegang saham pada tingkat yang                   structure and returns for shareholders are at an optimal level.
optimal. Upaya berkelanjutan dilakukan untuk menjaga struktur                 Continuous efforts are made to maintain the capital structure by
modal dengan mempertimbangkan kebutuhan modal di masa                         considering future capital requirements so as not to negatively
depan agar tidak berdampak negatif terhadap peringkat kredit dan              impact the credit rating and still be able to provide flexibility for
tetap dapat memberikan keleluasaan buat pengembangan bisnis.                  business development.

Perseroan menggunakan gearing ratio (rasio utang terhadap                     The Company uses gearing ratio (debt to equity ratio) to analyze
modal) untuk menganalisa dan memantau struktur permodalannya                  and monitor its capital structure which is calculated by dividing net
yang dihitung dengan cara membagi utang bersih (terdiri dari                  debt (consisting of bank loans and bonds payable) by total equity.
utang bank dan utang obligasi) terhadap jumlah ekuitas.

Jumlah kas dan setara kas Perseroan dan Entitas Anak mampu                    The total cash and cash equivalents of the Company and its
menutup pembayaran seluruh pinjaman pada akhir 2022 dan                       Subsidiaries were able to cover the repayment of all loans by
2023. Sumber pendanaan Perseroan dalam menjalankan                            the end of 2022 and 2023. The Company's sources of funding
kegiatannya berasal dari utang jangka pendek, utang jangka                    in carrying out its activities came from short-term debt, long-term
panjang dan modal.                                                            debt and capital.

                                          2023                2022                  Perubahan | Change
             Keterangan                                                                                                          Description
                                                 dalam jutaan | in million Rupiah                      %
Jumlah pinjaman dan utang                  264.536,2           269.297,5                 -4.761,3            -1,8 Total loans and payables
Dikurangi: kas dan setara kas               412.934,7          324.480,6                88.454,1            27,3 Less: cash and cash equivalents
Utang bersih                              (148.398,5)            (55.183,1)          (93.215,4)          (168,9) Net debt
Jumlah Ekuitas                           4.726.364,3          4.725.855,4                 508,9              0,0 Total Equity



94      Laporan Tahunan Terintegrasi 2023
Page 97
                                                                                           Integrating Excellence for Sustainability




Ikatan Material Untuk Investasi Barang Modal                           Material Commitment for Capital Goods Investment




                                                                                                                                                    Prologue
                                                                                                                                                     Prolog
Perseroan tidak menyajikan informasi mengenai nama pihak yang          The Company does not present information on the name of the party
melakukan ikatan, tujuan ikatan, sumber dana yang diharapkan           entering into the commitments, the purpose of the commitments,
untuk memenuhi ikatan, mata uang yang menjadi denominasi               the expected source of funds to fulfill the commitments, the




                                                                                                                                                    Performamnce Highlights
dan langkah-langkah yang direncanakan untuk melindungi risiko          currency of denomination and the measures planned to hedge
dari posisi mata uang asing. Tidak terdapat ikatan material untuk      the risk of foreign currency positions. There were no material




                                                                                                                                                         Ikhtisar Kinerja
investasi barang modal di sepanjang 2023.                              commitments for capital goods investment throughout 2023.

Investasi Barang Modal 2023                                            Capital Goods Investment in 2023
Perseroan telah merealisasikan sebesar Rp89,37 miliar atau 50,6%       The Company has realized Rp89.37 billion or 50.6% of the planned
dari rencana belanja barang modal sebesar Rp176,76 miliar di           capital goods investment of Rp176.76 billion in 2023. A total
2023. Sebanyak Rp47,60 miliar atau 53,3% telah digunakan untuk         of Rp47.60 billion or 53.3% has been used to improve facilities
peningkatan fasilitas di hotel dan mal. Selanjutnya sebesar Rp8,98     in hotels and malls. Furthermore, Rp8.98 billion or 10.0% for




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
miliar atau 10,0% untuk jasa telekomunikasi, dan selebihnya            telecommunication services, and the remaining Rp32.79 billion
Rp32,79 miliar atau 36,7% untuk pengembangan peralatan                 or 36.7% for the development of operational equipment in the
operasional di Perseroan dan gedung perkantoran.                       Company and office buildings.

Rencana Investasi Barang Modal 2024                                    Capital Goods Investment Plan for 2024
Perseroan bersama Entitas Anak merencanakan dana sekira                The Company and its subsidiaries plan to invest approximately
Rp183,69 miliar untuk investasi barang modal di 2024. Dana             Rp183.69 billion in capital goods in 2024. The funds are planned




                                                                                                                                                    Profil Perusahaan
tersebut rencananya akan digunakan untuk peningkatan kualitas:         to be used for quality improvement: facilities in SCBD and Control




                                                                                                                                                     Company Profile
pada fasilitas di SCBD dan Control Building sebesar Rp27,87 miliar,    Building amounting to Rp27.87 billion, operational equipment and
peralatan operasional dan fasilitas di hotel dan mal Rp97,38 miliar,   facilities in hotels and malls Rp97.38 billion, and office buildings
dan gedung perkantoran Rp7,74 miliar, serta perangkat dan jasa         Rp7.74 billion, as well as telecommunication equipment and
telekomunikasi Rp50,70 miliar.                                         services Rp50.70 billion.




                                                                                                                                                    Analisis dan Pembahasan Manajemen
                                                                                                                                                     Management Discussion and Analysis
                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
                                                                                                                                                    Tata Kelola Perusahaan
                                                                                                                                                     Corporate Governance
                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                     Sustainability Report




                                                                                                                          Hotel Borobudur Jakarta




                                                                                                  2023 Integrated Annual Report              95
Page 98
PT Jakarta International Hotels & Development Tbk




Prospek Usaha
Business Prospect

                                     Prospek Perekonomian Global dan Indonesia 2024
                                       Global and Indonesian Economic Outlook 2024

     Perekonomian dunia sejak 2023 telah kehilangan momentum                   The world economy has lost growth momentum since 2023. The
     pertumbuhan. Konflik di Timur Tengah yang terjadi setelah invasi          conflict in the Middle East that followed Russia’s invasion of Ukraine
     Rusia ke Ukraina turut menyebabkan terjadinya kenaikan risiko             contributed to a rise in geopolitical risks. The escalation of conflict
     geopolitik. Meningkatnya konflik berdampak lonjakan harga energi,         has resulted in a spike in energy prices, with wider implications
     dengan implikasi yang lebih luas terhadap aktivitas global dan inflasi.   for global activity and inflation. Other risks include financial stress
     Risiko lainnya termasuk tekanan finansial terkait dengan kenaikan         associated with rising real interest rates, inflation, weaker-than-
     suku bunga riil, inflasi, pertumbuhan Tiongkok yang lebih lemah dari      expected Chinese growth, further trade fragmentation and climate
     perkiraan, fragmentasi perdagangan yang lebih lanjut dan bencana          change-related disasters.
     terkait perubahan iklim.

     Tantangan-tantangan berat tersebut diperkirakan akan masih                These formidable challenges are expected to continue in 2024,
     berlanjut di 2024, sehingga perekonomian global masih berada di           leaving the global economy in a phase of stagnation that is predicted
     fase stagnasi yang diprediksi tumbuh melambat.                            to grow at a slower pace.

     IMF (World Economic Outlook – 10 Oktober 2023) sempat                     The IMF(World Economic Outlook - October 10, 2023) had expected
     memperkirakan pertumbuhan ekonomi global melambat jadi 2,9%               global economic growth to slow to 2.9% in 2024, before raising
     pada 2024, sebelum menaikkan proyeksi pertumbuhan global                  its global growth projection to 3.1% (February 2024), referring to
     menjadi 3,1% (Februari 2024), yang mengacu pada kekuatan                  the unexpected strength of the US economy, and fiscal support
     tak terduga dari ekonomi Amerika Serikat, dan langkah-langkah             measures in China.
     dukungan fiskal di Tiongkok.

     Selanjutnya OECD di November 2023 memperkirakan ekspansi                  Furthermore, the OECD in November 2023 expected global
     ekonomi global melambat menjadi 2,7% pada 2024 dari perkiraan             economic expansion to slow to 2.7% in 2024 from the previous
     sebelumnya 2,9%. Perang Rusia di Ukraina yang belum berakhir dan          estimate of 2.9%. Russia’s unending war in Ukraine and the Israeli-
     perang Israel – Hamas menurut akan menjadi penghambat besar               Hamas war are said to be major impediments to the global economy
     laju ekonomi global di tahun depan.                                       next year.

     Kemudian di Januari 2024, Bank Dunia (Global Economic Prospect -          Then in January 2024, the World Bank(Global Economic Prospect
     Januari 2024) memperkirakan pertumbuhan ekonomi global kembali            - January 2024) estimates that global economic growth will slow
     melambat menjadi 2,4%. Kontraksi pertumbuhan tidak terlepas dari          down again to 2.4%. The growth contraction is inseparable from the
     dinamika perekonomian yang sudah terjadi sejak 2023.                      economic dynamics that have occurred since 2023.

     Ekonomi Indonesia akan menghadapi sederet tantangan besar.                The Indonesian economy will face a series of major challenges. The
     Kombinasi ketidakpastian pasar global hingga situasi panas politik        combination of global market uncertainty and domestic political heat
     dalam negeri berpotensi mengancam pertumbuhan ekonomi di                  has the potential to threaten economic growth throughout 2024.
     sepanjang 2024. Namun, di tengah gejolak global yang diperkirakan         However, amidst the global turmoil that is expected to continue, the
     masih akan berlanjut, perekonomian Indonesia 2024 dinilai memiliki        Indonesian economy in 2024 is considered to have prospects for
     prospek ketahanan dan kebangkitan.                                        resilience and revival.

     Sejumlah indikator ekonomi makro pun menguatkan fondasi                   A number of macroeconomic indicators also strengthen the
     ekonomi nasional untuk tetap melaju di jalur ekspansi. Ekonomi            foundation of the national economy to continue on the path of
     Indonesia pada 2023 tumbuh 5,05%, dengan inflasi yang terkendali          expansion. Indonesia’s economy in 2023 will grow by 5.05%, with
     di angka 2,57%. Tingkat kemiskinan turun di angka 9,36%, tingkat          inflation under control at 2.57%. The poverty rate fell to 9.36%, the
     pengangguran turun di angka 0,388% dan rasio gini juga turun di           unemployment rate fell to 0.388% and the Gini ratio also fell to
     angka 0,388%.                                                             0.388%.

     Pertumbuhan ekonomi Indonesia untuk 2024 diperkirakan akan                Indonesia’s economic growth for 2024 is expected to be around
     berada pada kisaran 5%. OECD (Economic Outlook 2023 – 29                  5%. The OECD(Economic Outlook 2023 - November 29, 2023)
     November 2023) memprediksi ekonomi Indonesia bisa mencapai                predicts that Indonesia’s economy could reach 5.2% while remaining
     5,2% dengan tetap dibayangi dan berisiko oleh ketidakpastian              overshadowed and at risk by uncertainty due to global geopolitical
     akibat gejolak geopolitik global. Bank Dunia di Desember 2023             turmoil. The World Bank in December 2023, seeing that global
     dengan melihat kondisi kisruh perekonomian global masih                   economic chaos will still overshadow the Indonesian economy,
     akan membayangi perekonomian Indonesia, memproyeksikan                    projects Indonesia’s economic growth to grow at an annual average
     pertumbuhan ekonomi Indonesia tumbuh rata-rata tahunan sebesar            of 4.9% from 2024 to 2026. The IMF(World Economic Outlook
     4,9% selama 2024 sampai 2026. IMF (World Economic Outlook edisi           January 2024 edition) estimates that the Indonesian economy will
     Januari 2024) mengestimasikan ekonomi Indonesia sama-sama                 grow by 5.0% in 2023 and 2024.
     tumbuh 5,0% pada 2023 dan 2024.

     Sementara Pemerintah dan Bank Indonesia optimis dengan                    Meanwhile, the government and Bank Indonesia are optimistic that
     perekonomian Indonesia tumbuh sebesar 5,2% dan kisaran 4,7%-              the Indonesian economy will grow by 5.2% and a range of 4.7%-5.5%.
     5,5%. Ekonomi Indonesia bisa tumbuh dengan ditopang masifnya              Indonesia’s economy can grow supported by massive investment in
     investasi proyek Ibu Kota Negara (IKN) Nusantara dan industrialisasi      the Nusantara National Capital City project and the industrialization
     kendaraan listrik, serta rantai pasoknya. Selain itu, suku bunga acuan    of electric vehicles, as well as their supply chains. In addition, the
     diprediksi mulai turun semester II tahun depan, sehingga ekonomi          benchmark interest rate is predicted to start falling in the second
     bisa terakselerasi. Faktor lainnya adalah bergairahnya konsumsi           semester of next year, so that the economy can be accelerated.
     rumah tangga dan kucuran belanja Pemerintah di tahun politik 2024.        Another factor is the excitement of household consumption and
                                                                               government spending in the 2024 political year.




96    Laporan Tahunan Terintegrasi 2023
Page 99
                                                                                             Integrating Excellence for Sustainability




Di bawah ini adalah gambaran prospek usaha dari segmen-segmen           Below is an overview of the business prospects of the Company's




                                                                                                                                                 Prologue
                                                                                                                                                  Prolog
usaha Perseroan dalam skala usaha Jakarta di 2024.                      business segments in Jakarta in 2024.

Geliat bisnis hotel di Jakarta sudah membaik pada 2023 di berbagai      The hotel business in Jakarta has improved in 2023 across various
kategori bintang. Hal ini tidak bisa dipisahkan dari pertumbuhan        star categories. This was thanks to the growth of the tourism




                                                                                                                                                 Performamnce Highlights
industri pariwisata, terutama dalam laju kunjungan wisatawan baik       industry, especially in the rate of tourist visits both foreign and
mancanegara maupun domestik.                                            domestic.




                                                                                                                                                      Ikhtisar Kinerja
Jakarta telah mempersiapkan diri untuk menyambut kunjungan              Jakarta has prepared itself to welcome tourist visits both foreign
wisatawan baik mancanegara maupun domestik. Akan ada 6                  and domestic. There will be 6 (six) new hotels (2 three-star, a four-
(enam) hotel baru (2 bintang tiga, sebuah bintang empat dan 3           star and 3 five-star), and an estimated additional 1,354 hotel rooms
bintang lima), dan diperkirakan akan ada tambahan 1.354 kamar           consisting of 27% three-star, 48% four-star, 12% five-star and 14%
hotel yang terdiri 27% bintang tiga, 48% bintang empat, 12%             luxury.
bintang lima dan 14% luxury.




                                                                                                                                                 Laporan Manajemen
                                                                                                                                                 Management Report
Penyerapan pasar apartemen di Jakarta mulai bergerak di                 The absorption of the apartment market in Jakarta began to move
2023, terutama untuk segmen menengah ke atas, dan semakin               in 2023, especially for the middle to upper segments, and was
dilirik oleh generasi Z (generasi yang lahir pada pertengahan           increasingly ogled by generation Z (the generation born in mid-
1990 hingga pertengahan 2000) yang tercatat tumbuh 11,68% di            1990 to mid-2000) which recorded 11.68% growth throughout
sepanjang 2022.                                                         2022.

Pembangunan apartemen terus bergulir, sebanyak 11 proyek                Apartment development continues to roll out, with 11 new
apartemen baru: 9 (sembilan) proyek di luar CBD dan 2 (dua) proyek      apartment projects: 9 (nine) projects outside CBD and 2 (two)




                                                                                                                                                 Profil Perusahaan
di CBD, akan dapat dihuni sepanjang 2024 dengan mengusung               projects in CBD, will be occupied throughout 2024 by carrying




                                                                                                                                                  Company Profile
5.582 unit apartemen. Kesebelas proyek itu merupakan rangkaian 24       5,582 apartment units. The eleven tu projects constitute a series of
apartemen baru sepanjang rentang 2024-2026 dengan 9.743 unit.           24 new apartments over the span of 2024-2026 with 9,743 units.

Pasar perkantoran diprediksi masih akan tertekan dan diprediksi         The office market is predicted to remain depressed and is
baru mulai pulih pada 2026. Hingga akhir 2023, tingkat kekosongan       predicted to recover in 2026. Until the end of 2023, the vacancy
ruang perkantoran di pusat kawasan bisnis (CBD) Jakarta mencapai        rate of office space in Jakarta's central business district (CBD) will
1,8 juta m2 atau 24,4% dari total pasokan 7,38 juta m2. Ditambah        reach 1.8 million sqm or 24.4% of the total supply of 7.38 million




                                                                                                                                                 Analisis dan Pembahasan Manajemen
dengan yang berada di luar CBD akan mencapai sebesar 2,9 juta m2        sqm. Those outside the CBD will reach 2.9 million sqm or 26.84%




                                                                                                                                                  Management Discussion and Analysis
atau 26,84% dari total pasokan yang ada. Permintaan akan kantor         of the total supply. Office demand is expected to remain relatively
diperkirakan tetap relatif rendah setidaknya hingga akhir 2023.         low at least until the end of 2023.

Kendati berada dalam kondisi tertekan, tetap akan ada gedung            Despite the depressed environment, there will still be new office
perkantoran baru yang ditawarkan. Sebanyak 9 (sembilan) gedung          buildings on offer. A total of 9 (nine) new buildings will come to
baru akan masuk ke Jakarta sepanjang rentang 2023-2025 sehingga         Jakarta during 2023-2025 so that supply is expected to increase
pasokan diperkirakan meningkat berkisar 2,0% hingga 2,5% setiap         by around 2.0% to 2.5% annually during the 2023-2025 period.
tahun selama periode 2023-2025. Tiga gedung baru yang akan              The three new buildings that will enter in 2024 are Sun & Moon in
masuk di 2024 adalah Sun & Moon di Jakarta Selatan, Menara Jakarta      South Jakarta, Menara Jakarta Office Tower in Central Jakarta and
Office Tower di Jakarta Pusat dan ADR Office di Jakarta Utara.          ADR Office in North Jakarta.

Kinerja pusat perbelanjaan di wilayah Jabodetabek secara umum           The performance of shopping centers in the Greater Jakarta area
dinilai semakin pulih. Namun ketimpangan kinerja mal mencolok,          is generally considered to be recovering. However, the inequality
sebagian semakin ditinggalkan, sementara sebagian lainnya               of mall performance is striking, some are increasingly abandoned,




                                                                                                                                                 Human Capital
                                                                                                                                                 Human Capital
normal kembali. Rerata tingkat okupansi berada di kisaran 74,2%         while others are normalizing. The average occupancy rate will be
di akhir 2023. Akan tetapi penyerapan akan terus berlanjut seiring      around 74.2% by the end of 2023. However, absorption will continue
dengan berjalannya tahap pemulihan pasar ritel. Di 2024, ada 3          as the recovery stage of the retail market progresses. In 2024, there
(tiga) proyek mal dengan kapasitas 176.118 m2 siap beroperasi,          are 3 (three) mall projects with a capacity of 176,118 sqm ready to
yaitu Retail Podium Thamrin Nine seluas 41.758 m2 di kawasan            operate, namely the 41,758 sqm Retail Podium Thamrin Nine in the
M.H. Thamrin, Jakarta Pusat, Lippo Mall East Side (Holland Village)     M.H. Thamrin area, Central Jakarta, the 44,000 sqm Lippo Mall East
44.000 m2 di Cempaka Putih, Jakarta Pusat, dan Menara Jakarta           Side (Holland Village) in Cempaka Putih, Central Jakarta and Menara
Shopping Mall 90.360 m2 di Kemayoran, Jakarta Pusat.                    Jakarta Shopping Mall 90,360 sqm in Kemayoran, Central Jakarta.
                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                  Corporate Governance




Perbandingan Target, Realisasi dan Proyeksi                             Target, Realization and Projection Comparison
Pencapaian Target 2023                                                  Target Achievement in 2023
Kinerja segmen usaha dan kinerja keuangan berhasil dicapai lebih        The performance of business segments and financial performance
baik hingga akhir 2023, dan semuanya mencapai di atas target            were successfully achieved better until the end of 2023, and all of
yang direncanakan.                                                      them reached above the planned target.

Kinerja 4 (empat) segmen usaha memperlihatkan adanya                    The performance of 4 (four) business segments showed an
                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                  Sustainability Report




peningkatan di atas target yang direncanakan, yaitu usaha hotel         increase above the planned target, namely the hotel business
sebesar Rp565,93 miliar (86,7% dari target Rp652,45 miliar), real       of Rp565.93 billion (86.7% of the target of Rp652.45 billion), real
estat Rp630,61 miliar (94,6% dari target Rp666,53 miliar), jasa         estate of Rp630.61 billion (94.6% of the target of Rp666.53 billion),
telekomunikasi Rp263,34 miliar (91,2% dari target Rp288,76 miliar),     telecommunication services of Rp263.34 billion (91.2% of the target
dan jasa manajemen perhotelan Rp6,03 miliar (131,9% dari target         of Rp288.76 billion), and hotel management services of Rp6.03
Rp4,57 miliar).                                                         billion (131.9% of the target of Rp4.57 billion).

Dengan meningkatnya keseluruhan segmen usaha Perseroan                  The overall increase in the Company's business segments affected
berpengaruh pada pendapatan Perseroan yang terakumulasi                 the Company's revenue which accumulated to Rp1.47 trillion or
hingga Rp1,47 triliun atau 90,9% dari yang ditargetkan Rp1,61 triliun   90.9% of the targeted Rp1.61 trillion in early 2023. Net profit again

                                                                                                    2023 Integrated Annual Report         97
Page 100
PT Jakarta International Hotels & Development Tbk




di awal 2023. Laba bersih kembali meningkat menjadi Rp214,1 miliar              increased to Rp214.1 billion from Rp132.58 billion in 2023. The net
dari sebelumnya Rp132,58 miliar di 2023. Perolehan laba bersih                  profit reached 95.3% of the targeted Rp224.68 billion.
tersebut mencapai 95,3% dari yang ditargetkan Rp224,68 miliar.

                                        Proyeksi dan Realisasi 2023 | 2023 Projection and Realization
                       Keterangan                              Target (Rp Juta)                Realisasi (Rp Juta)              Pertumbuhan (%)
                       Description                            Target (IDR Million)           Realization (IDR Million)             Growth (%)
Kinerja Segmen Usaha | Business Segment Performance
  1   Usaha Hotel                                                            652.450,9                          565.934,1                          86,7
      Hotel Business
 2    Real Estat                                                             666.533,9                         630.614,9                           94,6
      Real Estate
 3    Jasa Telekomunikasi                                                    288.756,6                         263.336,7                            91,2
      Telecommunication Services
 4    Jasa Manajemen Perhotelan                                                  4.571,6                         6.032,2                           131,9
      Hotel Management Services
Kinerja Keuangan | Financial Performance
  1   Jumlah Pendapatan                                                      1.612.313,0                      1.465.917,9                          90,9
      Total Revenue
 2    Laba Bersih                                                            224.684,0                          214.124,5                          95,3
      Net Profit


Proyeksi Usaha 2024                                                             Business Outlook for 2024
Di 2024, untuk pendapatan usaha konsolidasian ditargetkan dapat                 In 2024, consolidated revenues is targeted to increase to Rp1.7
naik hingga Rp1,7 triliun, meningkat 16,1% dari capaian 2023 yang               trillion, an increase of 16.1% from the 2023 achievement of Rp1.47
terealisasi Rp1,47 triliun. Porsi terbesar sebesar Rp1,38 triliun (81,4%)       trillion. The largest portion of Rp1.38 trillion (81.4%) still comes from
masih berasal dari 2 (dua) segmen usaha: hotel sebesar Rp703,3                  2 (two) business segments: hotels at Rp703.3 billion (greater 24.3%
miliar (lebih besar 24,3% dari realisasi Rp565,93 miliar) dan real estat        from the realization of Rp565.93 billion) and real estate at Rp681.99
sebesar Rp681,99 miliar (lebih besar 8,1% dari realisasi Rp630,61               billion (greater 8.1% from the realization of Rp630.61 billion). Two
miliar). Dua segmen usaha lainnya, yaitu jasa telekomunikasi                    other business segments, namely telecommunication services, are
ditargetkan Rp308,47 miliar (lebih besar 17,1% dari realisasi Rp263,34          targeted at Rp308.47 billion (greater 17.1% from the realization of
miliar) dan jasa manajemen perhotelan ditargetkan Rp7,62 miliar                 Rp263.34 billion) and hotel management services are targeted at
(lebih besar 26,3% dari realisasi Rp6,03 miliar).                               Rp7.62 billion (greater 26.3% from the realization of Rp6.03 billion).

Sedang untuk laba bersih diharapkan bisa mencapai Rp217,63                      Meanwhile, net profit is expected to reach Rp217.63 billion, greater
miliar, lebih besar 1,6% dari realisasi perolehan laba bersih 2023              1.6% from the realization of 2023 net profit which reached Rp214.12
yang mencapai Rp214,12 miliar.                                                  billion.

Keoptimisan dan kesadaran untuk tetap hati-hati menjadi                         Optimism and awareness to remain cautious are considerations
pertimbangan-pertimbangan dalam Perseroan menyusun target-                      in the Company's targets, especially in terms of revenues and net
target perusahaan, terutama dalam hal pendapatan usaha dan                      profit achievements.
capaian laba bersih.

Informasi dan Fakta Material yang Terjadi Setelah                               Material Information and Facts After The Reporting
Tanggal Pelaporan                                                               Date
Tidak ada kejadian penting setelah tanggal laporan akuntan                      There are no significant events after the reporting date including
termasuk dampaknya terhadap kinerja dan risiko usaha di masa                    its impact on future business performance and risks. Therefore, the
mendatang. Dengan demikian Perseroan tidak menyajikan                           Company does not present information about significant events
informasi tentang kejadian penting setelah tanggal laporan                      after the reporting date including its impact on future business
akuntan termasuk dampaknya terhadap kinerja dan risiko usaha                    performance and risks.
di masa mendatang.

Aspek Pemasaran                                                                 Marketing Aspect
Pangsa Pasar                                                                    Market Share
Kinerja dari 2 (dua) kontribusi terbesar konsolidasian pendapatan               The performance of the 2 (two) largest contributions to the
Perseroan kembali mencatatkan peningkatan yang signifikan. Dari                 Company's consolidated revenues recorded a significant increase.
usaha hotel meningkat menjadi Rp565,93 miliar (2022: Rp469,52                   From the hotel business increased to Rp565.93 billion (2022:
miliar) dan real estat meningkat hingga Rp630,61 miliar (2022:                  Rp469.52 billion) and real estate increased to Rp630.61 billion
Rp557,6 miliar).                                                                (2022: Rp557.6 billion).

Dalam hal Peningkatan pendapatan di segmen usaha hotel bisa                     The increase in revenues in the hotel business segment can be
dilihat dari catatan tingkat keterisian yang relatif baik sejalan               seen from the relatively good record of occupancy rates in line with
dengan pemulihan ekonomi nasional. Hotel Borobudur Jakarta                      the national economic recovery. Hotel Borobudur Jakarta recorded
tercatat 50,6% (2022: 51,2%), The Ritz-Carlton Pacific Place 82%                50.6% (2022: 51.2%), The Ritz-Carlton Pacific Place 82% (2022:
(2022: 80,0%) dan Alila SCBD 47,4% (2022: 47,9%).                               80.0%) and Alila SCBD 47.4% (2022: 47.9%).

Persaingan hotel-hotel bintang lima sangat ketat di Jakarta dan tren            Competition for five-star hotels is fierce in Jakarta and the growth
pertumbuhan proyek baru di Jakarta, dengan ditopang permodalan                  trend of new projects in Jakarta, supported by strong capitalization
kuat dan alasan prestise, cenderung lebih ke hotel mewah atau di                and prestige reasons, tends to be more towards luxury hotels or
atas bintang empat. Tiga hotel dari Perseroan mampu menunjukkan                 above four stars. Three of the Company's hotels have been able


98       Laporan Tahunan Terintegrasi 2023
Page 101
                                                                                             Integrating Excellence for Sustainability




kinerja yang baik berkat adanya berbagai keunggulan yang dimiliki       to perform well due to their various advantages that have earned




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
sehingga para tamu menaruh kepercayaan yang cukup besar.                the trust of guests.

Hotel Borobudur Jakarta memiliki keunggulan tersendiri dengan           Hotel Borobudur Jakarta has its own advantages with its strategic
lokasi yang strategis di pusat kota dan mudah dijangkau. Selain itu,    location in the city center and easy to reach. In addition, the




                                                                                                                                                  Performamnce Highlights
kemampuan Perseroan dalam membangun customer experience                 Company's ability to build customer experience makes guests
membuat tamu kembali datang menginap, atau sekedar menikmati            come back to stay, or just enjoy the classic taste of Sop Buntut




                                                                                                                                                       Ikhtisar Kinerja
hidangan andalan Sop Buntut yang bercita rasa klasik di Restoran        at Bogor Cafe Restaurant, which is still a favorite menu for guests
Bogor Cafe, hingga saat ini masih menjadi menu favorit para tamu        and visitors of Hotel Borobudur Jakarta. The high popularity of the
dan pengunjung Hotel Borobudur Jakarta. Popularitasnya yang             restaurant has led the management to eventually open branches
sangat tinggi menjadi pertimbangan manajemen untuk pada                 of the restaurant in Pacific Place Mall and Pondok Indah Mall.
akhirnya membuka cabang restoran tersebut di Mal Pacific Place
dan Pondok Indah Mal.

The Ritz-Carlton Pacific Place juga memiliki lokasi yang strategis      The Ritz-Carlton Pacific Place is also strategically located and




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
dan dikenal sebagai tempat penyelenggaraan meeting, incentive,          known as a meeting, incentive, conference and exhibition (MICE)
conference dan exhibition (MICE) dengan tamu nasional dan               venue with national and international guests. Alila SCBD is a four-
internasional. Alila SCBD adalah hotel bintang empat yang               star hotel located next to the Indonesia Stock Exchange Building
berlokasi di sebelah Gedung Bursa Efek Indonesia menjadi tempat         and is an alternative place for guests to stay in the SCBD area in
alternatif menginap tamu-tamu di kawasan SCBD selain The Ritz-          addition to The Ritz-Carlton Pacific Place and The Langham.
Carlton Pacific Place dan The Langham.

Untuk peningkatan segmen usaha Real Estat terutama diperoleh            The increase in the Real Estate business segment was mainly




                                                                                                                                                  Profil Perusahaan
dari konsolidasian pendapatan Mal Pacific Place dan 3 (tiga)            derived from the consolidated revenues of Pacific Place Mall and




                                                                                                                                                   Company Profile
gedung perkantoran: Gedung Bursa Efek Indonesia, One Pacific            3 (three) office buildings: Indonesia Stock Exchange Building, One
Place dan Revenue Tower.                                                Pacific Place and Revenue Tower.

Pendapatan Mal Pacific Place kembali meningkat sejalan                  Pacific Place Mall's revenues increased again in line with the
meningkatnya jumlah pengunjung yang datang dan mobil yang               increasing number of visitors and parked cars. The number of
parkir. Untuk jumlah pengunjung mencapai 14.489.595 orang               visitors reached 14,489,595 people (2022: 12,498,744 people),
(2022: 12.498.744 orang), sedang kendaraan yang masuk parkir            while vehicles parked reached 1,265,765 units (2022: 1,248,939




                                                                                                                                                  Analisis dan Pembahasan Manajemen
mencapai 1.265.765 unit (2022: 1.248.939 unit). Sementara               units). Meanwhile, office building occupancy increased again




                                                                                                                                                   Management Discussion and Analysis
untuk gedung perkantoran kembali meningkat sejalan dengan               in line with the increase in occupancy of its office spaces. The
meningkatnya keterisian ruang-ruang kantornya. Gedung Bursa             Indonesia Stock Exchange building recorded an occupancy rate of
Efek Indonesia mencatatkan tingkat keterisian sebesar 69,6%             69.6% (2022: 68,0%), One Pacific Place 85.8% (2022: 83.9%) and
(2022: 68,0%), One Pacific Place 85,8% (2022: 83,9%) dan Revenue        Revenue Tower 98.5% (2022: 94.5%).
Tower 98,5% (2022: 94,5%).

Untuk usaha real estat, selain mal dan gedung perkantoran,              The real estate business, in addition to malls and office buildings,
ditopang pula keberhasilan Perseroan melalui Entitas Anak PT            is also supported by the Company's success through its subsidiary
Danayasa Arthatama dalam kawasan SCBD seluas ± 50 ha di                 PT Danayasa Arthatama in the SCBD area of ± 50 ha in the
kawasan Segitiga Emas Jakarta (Jendral Sudirman, Gatot Subroto          Golden Triangle area of Jakarta (Jendral Sudirman, Gatot Subroto
dan Senopati). Kawasan SCBD hingga sekarang tetap menjadi               and Senopati). The SCBD area remains the place of choice for
tempat pilihan untuk beraktivitas, berusaha dan berinvestasi,           activities, business and investment, despite the presence of other
walaupun ada pusat-pusat bisnis lainnya di Jakarta. Kawasan             business centers in Jakarta. The SCBD area has been considered
SCBD telah dianggap sebagai barometer perekonomian Indonesia            a barometer of the Indonesian economy with the presence of the




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
dengan adanya kantor Bursa Efek Indonesia sejak tahun 1995.             Indonesia Stock Exchange office since 1995.

Dinamika pengembangan dan pengelolaan akan terus                        The dynamics of development and management will continue to
dilaksanakan, baik di lokasi usaha yang sekarang maupun dalam           be implemented, both in the current business location and in order
rangka memperluas portofolio usaha di tempat yang baru.                 to expand the business portfolio in new places.

Strategi dan Kegiatan Pemasaran                                         Marketing Strategy and Activities
Daerah pemasaran produk dan jasa Perseroan bersama Entitas              The marketing areas of the Company's products and services with
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




Anak tidak hanya di Jakarta. Untuk unit usaha perhotelan, selain di     its Subsidiaries are not only in Jakarta. For the hotel business unit,
Jakarta, juga terdapat di Cipanas, Jawa Barat dan Kuta, Bali. Entitas   apart from Jakarta, there are also hotels in Cipanas, West Java
Cucu PT Artha Telekomindo yang bergerak di jasa telekomunikasi          and Kuta, Bali. PT Artha Telekomindo, a subsidiary engaged in
memiliki berbagai Points of Presence (PoP), bekerja sama dengan         telecommunication services, has various Points of Presence (PoP), in
mitra lokal di berbagai kota besar di Indonesia.                        collaboration with local partners in various major cities in Indonesia.

Setelah masa pandemi Covid-19, strategi dan kegiatan pemasaran          After the Covid-19 pandemic, marketing strategies and activities
menyesuaikan dan beradaptasi dengan situasi dan kondisi                 adjusted and adapted to the situation and economic conditions
perekonomian menuju normal, dengan tidak lagi terkendali                towards normalcy, with various policies restricting public mobility
berbagai kebijakan pembatasan mobilitas masyarakat dan                  and operations no longer under control.
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




operasional.

Strategi dan kegiatan pemasaran lebih aktif, dengan salah               Marketing strategies and activities are more active, with one
satunya mengadakan event-event yang dapat menghadirkan                  of them holding events that can bring many visitors to malls
banyak pengunjung di mal dan hotel. Kegiatan ini praktis tidak          and hotels. This activity practically cannot be carried out during
bisa dilaksanakan selama pandemi Covid-19. Selain itu, tetap            the Covid-19 pandemic. In addition, we continue our marketing
melanjutkan kegiatan pemasaran melalui Business to Business             activities through Business to Business (B-to-B) coupled with more
(B-to-B) yang disertai dengan digital marketing (website, apps dan      innovative digital marketing (website, apps and social media).
media sosial) yang lebih inovatif.


                                                                                                    2023 Integrated Annual Report          99
Page 102
PT Jakarta International Hotels & Development Tbk




Kebijakan Dividen
Dividend Policy

Sebagai perusahaan terbuka dan berdasarkan Undang-Undang          As a public company and based on Law No. 40 of 2007 concerning
No. 40 Tahun 2007 tentang Perseroan Terbatas, dalam hal           Limited Liability Companies, dividend distribution requires prior
pembagian dividen diperlukan persetujuan Rapat Umum               approval from the General Meeting of Shareholders (GMS).
Pemegang Saham (RUPS) terlebih dahulu.

Menjelang RUPS, terdapat keputusan Direksi perihal ada atau       Ahead of the GMS, there is a decision by the Board of Directors
tidak adanya pembagian dan besarnya dividen, dengan tetap         regarding whether or not to distribute and the amount of dividends,
mempertimbangkan kondisi keuangan dan kinerja Perseroan pada      while still considering the financial condition and performance of
tahun berjalan.                                                   the Company in the current year.

Keputusan pembagian dividen dikaitkan dengan pertimbangan-        Dividend distribution decisions are linked to financial considerations,
pertimbangan keuangan, seperti: laba bersih pada tahun fiskal,    such as: net profit for the year, reserve fund allocation obligations
kewajiban alokasi dana cadangan sesuai dengan peraturan yang      in accordance with applicable regulations, and the need for funds
berlaku, dan kebutuhan dana untuk rencana ekspansi bisnis lebih   for further business expansion plans.
lanjut.

Pada 2023, Perseroan tidak melakukan pembagian dividen            In 2023, the Company did not pay dividends on the financial
atas kinerja keuangan tahun buku 2022, memperhatikan hasil        performance of the financial year 2022, taking into account
Keputusan RUPS Tahunan tanggal 27 Juni 2023, para Pemegang        the results of the Annual GMS Resolution dated June 27, 2023,
Saham menyetujui seluruh laba tahun berjalan yang diatribusikan   the Shareholders approved that the entire profit for the year
kepada Pemilik Perseroan untuk tahun buku 2022 sebesar Rp3,87     attributable to the Owners of the Company for the financial year
miliar dipergunakan untuk dana pengembangan bisnis Perseroan,     2022 amounting to Rp3.87 billion be used for the Company's
sehingga tidak ada pembagian dividen untuk tahun buku 2022.       business development fund, so that there was no dividend
                                                                  distribution for the financial year 2022.

Keputusan tidak dilakukannya pembagian dividen tersebut           The decision not to distribute dividends was taken with the
diambil dengan pertimbangan bahwa saat ini Perseroan masih        consideration that at this time the Company still needs to
perlu memperkuat likuiditas dan kebutuhan dana yang cukup         strengthen liquidity and needs substantial funds to continue
besar untuk meneruskan pengembangan bisnis setelah pandemi        business development after the Covid-19 pandemic.
Covid-19.

Sementara dalam hal dividen atas kinerja keuangan tahun buku      Meanwhile, the dividend for the financial year 2023 will be decided
2023 akan diputuskan pada RUPST tahun buku 2023 yang akan         at the AGMS for the financial year 2023 which will be held in 2024.
diselenggarakan di 2024.




Realisasi Penggunaan Dana Hasil Penawaran Umum
Use of Proceeds from Public Offering

Perseroan sudah tidak memiliki kewajiban untuk melaporkan         The Company has no obligation to report the use of proceeds
penggunaan dana hasil penawaran umum. Penggunaan dana             from the public offering. The use of proceeds from the public
hasil penawaran umum telah sesuai dengan tujuan sebagaimana       offering has been in accordance with the objectives as stated in
tercantum dalam prospektus.                                       the prospectus.



Informasi Material
Material Information

Sepanjang 2023, tidak terdapat informasi material mengenai        Throughout 2023, there was no material information regarding
aktivitas yang terkait dengan investasi, ekspansi, divestasi,     activities related to investment, expansion, divestment, merger/
penggabungan/peleburan usaha, akuisisi dan restrukturisasi        consolidation, acquisition and debt/capital restructuring.
utang/modal.




100    Laporan Tahunan Terintegrasi 2023
Page 103
                                                                                                      Integrating Excellence for Sustainability




Informasi Transaksi




                                                                                                                                                             Prologue
                                                                                                                                                              Prolog
Transaction Information




                                                                                                                                                             Performamnce Highlights
Perseroan tidak melakukan transaksi dengan pihak afiliasi, transaksi            The Company did not conduct transactions with affiliated parties,




                                                                                                                                                                  Ikhtisar Kinerja
yang bersifat material dan mengandung benturan kepentingan                      transactions that are material and contain conflicts of interest
sepanjang 2023. Namun demikian, terdapat transaksi keuangan                     throughout 2023. However, there were financial transactions with
dengan pihak-pihak berelasi. Informasi lebih lanjut mengenai                    related parties. Further information regarding transactions with
transaksi dengan pihak berelasi diungkapkan pada Catatan 39 dari                related parties is disclosed in Note 39 of the audited Consolidated
Laporan Keuangan Konsolidasian yang diaudit untuk tahun yang                    Financial Statements for the year ended December 31, 2023.
berakhir pada 31 Desember 2023.



Perubahan Peraturan Perundang-Undangan




                                                                                                                                                             Laporan Manajemen
                                                                                                                                                             Management Report
Changes on The Legislation

Pemberlakuan berbagai kebijakan dan peraturan Pemerintah dalam                  The implementation of various Government policies and
upaya untuk penanganan Covid-19 di Indonesia telah berpengaruh                  regulations in an effort to handle Covid-19 in Indonesia has




                                                                                                                                                             Profil Perusahaan
signifikan terhadap operasional dan kinerja Perseroan selama dua                significantly affected the Company's operations and performance




                                                                                                                                                              Company Profile
tahun pandemi.                                                                  during the two years of the pandemic.

Di 2023, tidak terdapat perubahan peraturan perundang-undangan                  In 2023, there were no changes in laws and regulations that have
yang mempunyai dampak signifikan terhadap Perseroan.                            a significant impact on the Company.




Perubahan Kebijakan Akuntansi




                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                              Management Discussion and Analysis
Changes in Accounting Policies
Berlaku efektif 1 Januari 2023 | Effective January 1, 2023
    No    ISAK/PSAK                          Status dan Perihal                                                Status and Subject
    1    PSAK No. 1    amandemen         "Penyajian Laporan Keuangan" tentang             amendment      "Presentation of Financial Statements" regarding
                                         Pengungkapan Kebijakan Akuntansi yang                           Disclosure of Accounting Policies that Change
                                         Mengubah Istilah “Signifikan” menjadi                           the Term “Significant” to “Material” and Provide
                                         “Material” dan Memberi Penjelasan mengenai                      Explanations of Material Accounting Policies.
                                         Kebijakan Akuntansi Material.
    2    PSAK No. 16   amandemen         Aset Tetap: Hasil sebelum Penggunaan yang        amendment      Property, Plant and Equipment, Proceeds before
                                         Diintensikan.                                                   Intended Use.
    3    PSAK No. 25   amandemen         Kebijakan Akuntansi, Perubahan Estimasi          amendment      Accounting Policies, Changes in Accounting




                                                                                                                                                             Human Capital
                                         Akuntansi dan Kesalahan: Definisi Estimasi                      Estimates and Errors: Definition of Accounting




                                                                                                                                                             Human Capital
                                         Akuntansi.                                                      Estimates.
    4    PSAK No. 46   amandemen         Pajak Penghasilan: Pajak Tangguhan terkait       amendment      Income Taxes: Deferred Tax related to Assets
                                         Aset dan Liabilitas yang Timbul dari Transaksi                  and Liabilities Arising from Single Transaction.
                                         Tunggal.


Penerapan amandemen PSAK yang mulai berlaku efektif                             The adoption of the amendments to PSAK that became effective
1 Januari 2023 tidak menyebabkan perubahan signifikan atas                      January 1, 2023 did not result in significant changes to the
                                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                                              Corporate Governance




kebijakan akuntansi Perseroan dan tidak berdampak material                      Company's accounting policies and had no material impact on the
terhadap jumlah-jumlah yang dilaporkan dalam laporan keuangan                   amounts reported in the consolidated financial statements.
konsolidasian.

Amandemen atas PSAK yang telah diterbitkan namun belum                          Amendments to financial accounting standards issued but not yet
berlaku efektif:                                                                effective:

 No      ISAK/PSAK     Status dan Perihal                                           Status and Subject
Berlaku efektif 1 Januari 2024 | Effective January 1, 2024
                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                              Sustainability Report




1        PSAK No. 1    amandemen       "Penyajian Laporan Keuangan" terkait amendment                    "Presentation of Financial Statements" regarding
                                       Liabilitas Jangka Panjang dengan Kovenan.                         Long-term Liabilities with the Covenant.
2        PSAK No. 73   amandemen       "Sewa" terkait Liabilitas Sewa pada amendment                     "Leases" regarding Lease Liabilities in Sale-and-
                                       Transaksi Jual dan Sewa Balik.                                    lease Back Transaction.
Berlaku efektif 1 Januari 2025 | Effective January 1, 2025
1        PSAK No. 74   amandemen       Kontrak Asuransi” terkait Penerapan Awal amendment                Amendment to PSAK No. 74, “Insurance Contract”
                                       PSAK No. 74 dan PSAK No. 71 – Informasi                           regarding Initial Application of PSAK No. 74 and
                                       Komparatif                                                        PSAK No. 71 – Comparative Information




                                                                                                             2023 Integrated Annual Report            101
Page 104
PT Jakarta International Hotels & Development Tbk




102   Laporan Tahunan Terintegrasi 2023
Page 105
                          Integrating Excellence for Sustainability



              Human Capital
                          Human Capital




                                                                       Prologue
                                                                        Prolog
                                                                       Performamnce Highlights
                                                                            Ikhtisar Kinerja
                             Human Capital                      104




                                                                       Laporan Manajemen
                             Human Capital




                                                                       Management Report
                             Pengembangan Kapabilitas            107
                             Capability Development
                             Manajemen Kinerja Individu          112
                             Individual Perfomance Management
                             Kompensasi Karyawan                 113
                             Employee Compensation




                                                                       Profil Perusahaan
                             Manajemen Bakat dan Suksesi         117




                                                                        Company Profile
                             Succession and Talent Management
                             Rencana Pengembangan Human         120
                             Capital 2024
                             Human Capital Development Plan
                             for 2024




                                                                       Analisis dan Pembahasan Manajemen
                                                                        Management Discussion and Analysis
                                                                       Human Capital
                                                                       Human Capital
                                                                       Tata Kelola Perusahaan
                                                                        Corporate Governance
                                                                       Laporan Keberlanjutan
                                                                        Sustainability Report




                                2023 Integrated Annual Report   103
Hotel Borobudur Jakarta
Page 106
PT Jakarta International Hotels & Development Tbk




Human Capital
Human Capital
Keberhasilan Perseroan hingga sekarang ini dicapai dari akumulasi   To date, the Company's success has been achieved from the
dedikasi dan kerja keras seluruh sumber daya manusia (SDM)          accumulation of dedication and hard work of all human resources
Perseroan dan Entitas Anak yang per-31 Desember 2023 telah          (HR) of the Company and its Subsidiaries, which as of December
mencapai 2.615 orang. Mereka adalah individu-individu penggerak     31, 2023 has reached 2,615 people. They are individuals who
perusahaan yang tangguh, profesional, berkualitas, kompeten dan     drive the company with character of strong, professional, qualified,
loyal. Kinerja mereka dengan budaya kerja yang kuat berperan        competent and loyal. Their performance with a strong work
nyata pada keberhasilan kemajuan, keberlangsungan dan               culture plays a real role in the success of the Company's progress,
keberlanjutan perusahaan.                                           continuity and sustainability.

Sumber Daya Manusia (SDM) merupakan mitra strategis terpenting      Human Resources (HR) is the most important strategic partner
yang berperan untuk meningkatkan kinerja, keberlanjutan, serta      whose role is to improve performance, sustainability, and the main
motor penggerak utama mencapai tujuan dalam mewujudkan visi         driving force to achieve goals in realizing the Company's vision
dan misi Perseroan. Sebagai mitra strategis, berarti kesuksesan     and mission. As a strategic partner, employee success also means
karyawan juga berarti kesuksesan bagi perusahaan, dan               success for the company, and the welfare of the company also
kesejahteraan perusahaan juga berarti kesejahteraan bagi para       means welfare for employees. Thus, the company's relationship
karyawan. Dengan demikian, keselarasan hubungan perusahaan          with employees must always be harmonious and conducive.
dengan karyawan harus senantiasa harmonis dan kondusif.

Keberadaan SDM yang berkualitas akan menjadi bagian intangible      The existence of quality human resources will become part
assets, dengan demikian harus dikelola dan dikembangkan dengan      of intangible assets, thus it must be managed and developed
tepat dan berkesinambungan, sehingga mampu beradaptasi              appropriately and continuously, allowing it to adapt to various
dengan berbagai kondisi dan dinamika bisnis, serta bersinergi di    business conditions and dynamics, and synergize in the midst of
tengah ketidakpastian-ketidakpastian yang ada.                      existing uncertainties.

Strategi Pengelolaan dan Pengembangan                               Management and Development Strategy
Strategi pengelolaan dan pengembangan human capital                 The Company's human capital management and development
Perseroan diselaraskan dengan peraturan perundang-undangan          strategy are aligned with labor laws and regulations as a standard
ketenagakerjaan sebagai standar pedoman terciptanya SDM             guideline for the creation of quality and competent human
yang berkualitas dan kompeten, dalam suatu rangkaian proses         resources, in a series of processes to prepare, provide, train,
mempersiapkan,      menyediakan,    melatih,   mengembangkan        develop capabilities, and utilize, coupled with periodic evaluation
kapabilitas, dan mendayagunakan, disertai evaluasi dan perbaikan    and improvement of a holistic and structured human capital
sistem human capital management yang holistis dan terstruktur       management system. HR management and development is carried
secara berkala. Pengelolaan dan pengembangan SDM dilakukan          out with intent by the HDR & GA Department and the Human
dengan intent oleh Departemen HDR & GA dan Departemen Human         Capital Management Department.
Capital Manajemen.

Perseroan senantiasa menjunjung tinggi kesetaraan yang dalam        The Company always upholds equality in terms of recruitment,
hal penerimaan, penilaian kinerja, remunerasi, pelaksanaan tugas    performance assessment, remuneration, performance of duties,
dan pengembangan karier yang dilakukan secara profesional tanpa     and career development carried out professionally regardless of
membedakan suku, agama, ras, golongan, gender, dan kondisi fisik.   ethnicity, religion, race, class, gender, and physical condition. Every
Setiap personel Perseroan memiliki kesempatan yang sama dan         personnel of the Company has the same and equal opportunity in
setara dalam pelaksanaan operasional perusahaan. [OJK F.18]         the implementation of the Company's operations.[OJK F.18]

Perseroan memastikan bahwa tidak ada praktik diskriminasi dalam     The Company ensures that there are no discriminatory practices
segala kegiatan usaha dan di seluruh lingkungan kerja Perseroan     in all business activities and all workplace of the Company and its
dan Entitas Anak yang dibuktikan dengan tidak adanya pengaduan      Subsidiaries as evidenced by the absence of complaints related to
terkait tindakan diskriminasi di sepanjang 2023.                    discriminatory actions throughout 2023.

Pemenuhan Human Capital                                             Human Capital Fulfillment
Pemenuhan human capital dimulai dari perencanaan dan                Human capital fulfillment starts from planning and is directed
diarahkan untuk memenuhi kebutuhan bisnis dan organisasi. Dalam     to meet business and organizational needs. In its fulfillment,
pemenuhannya diupayakan dan diutamakan kandidat-kandidat            candidates who have superior abilities/capabilities, high integrity,
yang memiliki kemampuan/kapabilitas unggul, berintegritas tinggi,   and are able to adapt to business dynamics are sought and
serta mampu beradaptasi dengan dinamika bisnis.                     prioritized.

Rekrutmen                                                           Recruitment
Perseroan dan Entitas Anak mengimplementasikan sistem               The Company and Subsidiaries implement a comprehensive
rekrutmen desentralisasi secara komprehensif. Sistem rekrutmen      decentralized recruitment system. The HR recruitment system is
SDM dilakukan sesuai dengan ketentuan mengenai latar belakang       carried out in accordance with the provisions regarding educational
pendidikan, pengetahuan, dan keahlian yang sesuai dengan            background, knowledge, and expertise in accordance with
lowongan kerja yang tersedia. Dengan cara tersebut, Perseroan       available job vacancies. In this way, the Company can maximize the
dapat memaksimalkan proses rekrutmen hingga mendapatkan             recruitment process to obtain appropriate and competent experts
tenaga ahli yang sesuai dan kompeten di bidangnya.                  in their fields.

Proses rekrutmen karyawan dimulai dari proses identifikasi          The employee recruitment process begins with the identification of
kebutuhan dan kualifikasinya, dilanjutkan penyusunan rencana        needs and qualifications, followed by the preparation of a plan to
pemenuhan kebutuhan. Rekrutmen karyawan berkualitas                 fulfill the needs. Recruitment of qualified employees is necessary
diperlukan untuk mendukung kelancaran proses bisnis, sekaligus      to support the seamless business processes, while preparing for
mempersiapkan untuk kader dan regenerasi.                           cadres and regeneration.

104    Laporan Tahunan Terintegrasi 2023
Page 107
                                                                                                  Integrating Excellence for Sustainability




                                                                                                                                                     Prologue
                                                                                                                                                      Prolog
                                                 Alur Rekrutmen Karyawan Baru
                                                New Employee Recruitment Flow




                                                                                                                                                     Performamnce Highlights
             1                                         2                                                3




                                                                                                                                                          Ikhtisar Kinerja
           Pengajuan permohonan karyawan                        Analisa permohonan di                          Persetujuan Direksi
            kepada Departemen HDR & GA                          Departemen HDR & GA                         Board of Directors approval
               Submission of employee                           Application analysis at
              applications to HDR & GA                          HDR & GA Department




                                                                                                                                                     Laporan Manajemen
                                                                                                                                                     Management Report
                     Department




            6                                          5                                                4




                                                                                                                                                     Profil Perusahaan
                                                                                                                                                      Company Profile
               Tahap psikotes, screening                Tahap wawancara dan verifikasi                  Pencarian dan seleksi kandidat
                test dan tes kesehatan                   oleh Departemen HDR & GA                        oleh Departemen HDR & GA
             Psychological tests, screening           Interview and verification stage by             Search and selection of candidates
                 test and medical test                      HDR & GA Department                           by HDR & GA Department




                                                                                                                                                     Analisis dan Pembahasan Manajemen
                                                                                                                                                      Management Discussion and Analysis
            7                                          8                                                9




                   Wawancara final                               Karyawan kontrak                      Penilaian dan persetujuan Direksi
                   Final interview                               Contract employee                             Board of Directors
                                                                                                          assessment and approval




                                                                                                                                                     Human Capital
                                                                                                                                                     Human Capital
                                                           10




                                                                    Karyawan tetap
                                                                  Permanent employee
                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                      Corporate Governance




Proses rekrutmen dilakukan secara terbuka, sesuai dengan                      The recruitment process is carried out openly, in accordance with
kebutuhan dan kualifikasi persyaratan yang diperlukan, dan adil               the needs and qualifications required, and fairly by providing
dengan memberikan kesempatan yang sama (equal opportunity)                    equal opportunities to each candidate. As a form of commitment
kepada setiap calon. Sebagai bentuk komitmen pemberdayaan                     to empowering the local community, local workers from the
                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                      Sustainability Report




masyarakat setempat, juga diupayakan merekrut tenaga kerja                    operational areas of the Company's business units are also
lokal yang berasal dari wilayah-wilayah operasional unit-unit usaha           recruited. The placement of local workers is tailored to the skills,
Perseroan. Penempatan tenaga kerja lokal disesuaikan dengan                   available positions, and employee needs.
keterampilan, posisi yang tersedia, dan kebutuhan karyawan.

Perseroan menekankan kompetensi dan karakter dari calon                       The Company emphasizes the competence and character of
karyawan sebagai elemen yang penting dalam proses rekrutmen                   prospective employees as important elements in a selective
yang selektif dan kompetitif. Kompentensi berhubungan dengan                  and competitive recruitment process. Competency relates to
kriteria teknis kebutuhan karyawan di unit kerja Perseroan dan                the technical criteria of employee needs in the Company and its


                                                                                                         2023 Integrated Annual Report       105
Page 108
PT Jakarta International Hotels & Development Tbk




Entitas Anak. Sedang, karakter berhubungan dengan perilaku yang            subsidiaries' work units. Meanwhile, character relates to behavior
sejalan dengan nilai-nilai budaya perusahaan yang berlaku, dan             that is in line with the prevailing corporate culture values, as well as
juga nilai-nilai dari Artha Graha Network dan Artha Graha Peduli.          the values of Artha Graha Network and Artha Graha Peduli.

Rekrutmen dilakukan melalui serangkaian proses yang terdiri dari           Recruitment is conducted through a series of processes consisting
tes intelegensi, behavioral interview, project/portfolio presentation,     of intelligence test, behavioral interview, project/portfolio
leadership assessment, dan reference checking untuk melihat                presentation, leadership assessment, and reference checking to
pengalaman rekam jejak di perusahaan sebelumnya.                           see track record experience in previous companies.

Dalam proses rekrutmen, Perseroan mengedepankan prinsip                    In the recruitment process, the Company prioritizes the principles
kesetaraan gender, perlakuan yang adil dan setara, serta bebas             of gender equality, fair and equal treatment, and freedom from
dari praktik korupsi, kolusi, dan nepotisme bagi calon karyawan.           corruption, collusion, and nepotism for prospective employees.
Penolakan atau penerimaan dilakukan berdasarkan hasil evaluasi             Rejection or acceptance is made based on the evaluation results
atas kompetensi keilmuan, kemampuan teknikal, kepribadian,                 of scientific competence, technical ability, personality, and medical
riwayat kesehatan dari kandidat karyawan.                                  history of employee candidates.

Kandidat yang berhasil melewati semua tahapan seleksi akan                 Candidates who successfully pass all stages of selection will
diterima sebagai karyawan dengan status kontrak minimal 1 (satu)           be accepted as employees with a minimum contract status of 1
tahun, di mana 6 (enam) bulan pertama merupakan masa on the                (one) year, where the first 6 (six) months are a period of on the
Job Training. Setelah masa kontrak berakhir, akan dilakukan                Job Training. After the contract period ends, an assessment
penilaian untuk menentukan kelanjutan dan status karyawan                  will be conducted to determine the continuation and status of
tersebut, apakah diakhiri, atau diperpanjang atau diangkat                 the employee, whether terminated, extended or appointed as a
menjadi karyawan tetap. Khusus untuk jabatan manajerial ke atas,           permanent employee. Especially for managerial positions and
akan dilakukan tes berupa presentasi program-program kerja di              above, a test will be conducted in the form of a presentation of
hadapan Direksi.                                                           work programs in front of the Board of Directors.

Orientasi                                                                  Onboarding
Perseroan memberikan suatu program pengenalan atau orientasi               The Company provides an introduction or orientation program
yang diberikan kepada karyawan baru yang bertujuan agar                    given to new employees with the aim that the employee can
karyawan tersebut dapat memahami ketentuan dan kebijakan                   understand the applicable provisions and policies; accept and
yang berlaku; menerima dan menjalankan norma-norma (budaya                 implement norms (work culture and core values); understand his/
kerja dan tata nilai utama); memahami tugas tanggung jawabnya              her responsibilities and expected performance results; and foster
dan hasil kinerja yang diharapkan; serta terbina hubungan antar            good and positive relationships between employees.
karyawan dengan baik dan positif.


                 HR Induction                                     HSE Induction                                     User Induction



Pengenalan secara umum, hak dan kewajiban         Pengenalan terkait Kebijakan Keselamatan dan      Pengenalan/pendekatan karyawan baru dengan
karyawan, serta regulasi-regulasi yang berlaku    Kesehatan Kerja yang ada di Perseroan.            user/calon atasan, termasuk penjelasan jobdesk
di Perseroan.                                     Introduction to the Occupational Safety and       dan tanggung jawab pekerja saat menjabat
General introduction, employee rights and         Health Policy in the Company                      posisi tersebut.
obligations, and regulations applicable in the                                                      Introduction/approach of new employees to
Company                                                                                             users/supervisors, including an explanation of
                                                                                                    the jobdesk and responsibilities of the employee
                                                                                                    when holding the position

Turn Over Karyawan                                                         Employees Turnover
Dari proses rekrutmen yang dilakukan oleh Perseroan dan                    From the recruitment process carried out by the Company and its
Entitas Anak telah diterima sebanyak 520 karyawan baru sebagai             Subsidiaries, 520 new employees were hired as a follow-up to fulfill
tindak lanjut pemenuhan sumber daya di beberapa posisi, dan                resources in several positions, and replaced those who terminated
menggantikan yang mengakhiri hubungan kerja (mengundurkan                  employment (resigned and retired) which reached 459 employees
diri dan masuk masa pensiun) yang mencapai 459 karyawan di                 throughout 2023. This resulted in an addition (difference between
sepanjang 2023. Terdapat tambahan (selisih masuk dengan keluar)            entry and exit) of 61 employees to the total number of employees
61 karyawan terhadap keseluruhan jumlah karyawan Perseroan                 of the Company and its Subsidiaries, which increased from 2,571
dan Entitas Anak yang meningkat dari 2.571 orang menjadi 2.615             people to 2,615 people at the end of 2023.
orang di akhir 2023.

Perseroan berupaya menghindari pemberhentian karyawan atau                 The Company strives to avoid dismissal of employees or
pemutusan hubungan kerja, dikarenakan karyawan sebagai                     termination of employment, because employees as human capital
human capital merupakan mitra strategis yang berperan bersama-             are strategic partners who play a role together in the sustainability
sama dalam keberlangsungan dan keberlanjutan Perseroan                     of the Company to date. During the Covid-19 pandemic (2020-
hingga saat ini. Selama pandemi Covid-19 (2020-2021), pada posisi          2021), in the position of negative financial performance, there
kinerja keuangan negatif, tidak ada pemberhentian karyawan atau            were no employee dismissals or termination of employment in
pemutusan hubungan kerja di Perseroan dan Entitas Anak. Seluruh            the Company and its Subsidiaries. All parties in the Company and
pihak di Perseroan dan Entitas Anak sepakat tetap berjuang                 Subsidiaries agreed to keep fighting together.
bersama.

Pengaduan Masalah Ketenagakerjaan                                          Workplace Grievances
Sarana pengaduan masalah ketenagakerjaan dibentuk sebagai                  The labor complaint facility was established as an effort to protect
salah satu upaya dalam melindungi hak-hak karyawan. Setiap                 employee rights. Every employee can report labor-related actions
karyawan dapat melaporkan tindakan terkait ketenagakerjaan                 that are not in accordance with the law and norms, either verbally
yang tidak sesuai dengan hukum dan norma, baik secara lisan                or in writing. Employees can submit their concerns in stages


106      Laporan Tahunan Terintegrasi 2023
Page 109
                                                                                             Integrating Excellence for Sustainability




maupun tulisan. Para karyawan dapat mengajukan permasalahan           through their superiors, or through the KABAR e-form developed




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
secara berjenjang melalui atasannya, atau melalui e-form KABAR        by the HDR & GA Department.
yang dikembangkan oleh Departemen HDR & GA.

Penyelesaian permasalahan tersebut akan diupayakan diselesaikan       The settlement of these issues will be sought to be resolved




                                                                                                                                                  Performamnce Highlights
secara musyawarah kekeluargaan, dan sesuai dengan ketentuan           through family deliberation, and in accordance with the provisions
perundang-undangan ketenagakerjaan yang berlaku. Dengan adanya        of the applicable labor laws. With the existence of harmonious




                                                                                                                                                       Ikhtisar Kinerja
hubungan industrial yang harmonis selama ini, tentunya sangat tidak   industrial relations so far, it is certainly not expected that there will
diharapkan sampai ada masalah ketenagakerjaan antara karyawan         be labor problems between employees and the Company. During
dan Perseroan. Selama 2023, seluruh pengaduan keluh kesah telah       2023, all grievances have been handled in accordance with the
selesai ditangani sesuai ketentuan dan prosedur yang berlaku.         applicable provisions and procedures.




Pengembangan Kapabilitas




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
Capability Development
Sistem pengembangan kapabilitas SDM Perseroan berlandaskan            The Company's HR capability development system is based on:
pada: education based development, relationship based                 education based development, relationship based development,
development, dan experience based development yang                    and experience based development designed in various annual




                                                                                                                                                  Profil Perusahaan
dirancang dalam berbagai program tahunan secara berkala seiring       programs periodically in line with business growth, in order to




                                                                                                                                                   Company Profile
pertumbuhan usaha, guna mengaktualkan menjadi human capital           actualize professional, productive, creative, and competitive
yang profesional, produktif, kreatif, dan kompetitif.                 human capital.




                                                                                                                                                  Analisis dan Pembahasan Manajemen
                                                                                                                                                   Management Discussion and Analysis
              Budget & Plan                      Analysis                       Design                          Development

          Penyusunan Rencana &               Analisis kebutuhan       Design program berdasarkan          Program pelatihan menjadi
                 Anggaran                         pelatihan           analisis kebutuhan pelatihan            metodoogi & materi
         Plan & budget preparation         Training need analysis      Design program based on               Training program into
                                                                        training needs analysis            methodology & materials




                                               Implementation                   Evaluation




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
                                            Implementasi program            Pengukuran dan
                                                   pelatihan                    evaluasi
                                             Implementation of the          Measurement and
                                               training program                evaluation


Persaingan bisnis yang semakin ketat menuntut Perseroan untuk         The increasingly fierce business competition requires the
senantiasa meningkatkan kualitas para karyawan yang dimilikinya.      Company to continuously improve the quality of its employees.
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




Dengan demikian, para karyawan akan memiliki kemampuan yang           Thus, the employees will have increasingly qualified capabilities
semakin mumpuni sehingga mampu mendukung kelangsungan                 so as to support the Company's business continuity and can
bisnis Perseroan, dan dapat berkontribusi positif di masa             contribute positively in the future which is full of challenges as well
mendatang yang penuh tantangan sekaligus peluang.                     as opportunities.

Dalam rangka membangun human capital yang profesional                 To build professional and productive human capital that can perform
dan produktif serta mampu berkinerja maksimal dan kompetitif,         optimally and competitively, the Company seeks to design various
Perseroan berupaya merancang berbagai kebijakan dan                   policies and programs with reference to the framework of business
program dengan mengacu pada kerangka kebutuhan bisnis                 needs and aligned with the human capital strategy. The policy
dan diselaraskan dengan strategi human capital. Rancangan             design is based on the principles of efficiency, and effectiveness for
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




kebijakan tersebut berlandaskan pada prinsip-prinsip efisiensi, dan   the availability and effectiveness for the availability and readiness
efektivitas untuk ketersediaan dan kesiapan human capital yang        of superior human capital so that each employee can contribute in
unggul agar setiap karyawan dapat berkontribusi selaras dengan        line with the Company's vision and mission.
visi dan misi Perseroan.

Para karyawan (kader dan non kader) dari seluruh tingkatan            Employees (cadres and non-cadres) from all levels of the
organisasi memperoleh kesempatan yang sama untuk mengikuti            organization have equal opportunities to participate in capability
pengembangan kapabilitas (knowledge, skill, dan attitude) baik        development (knowledge, skills, and attitude) both online and face-
yang dilaksanakan secara jarak jauh (online) maupun tatap muka        to-face (offline).
(offline).

                                                                                                     2023 Integrated Annual Report        107
Page 110
PT Jakarta International Hotels & Development Tbk



Pelatihan dan Pengembangan                                                          Training and Development
Program pelatihan dan pengembangan yang diberikan terbagi atas                      The training and development programs provided are divided
umum, perilaku, teknis, sertifikasi, kepemimpinan, dan lain-lain,                   into general, behavioral, technical, certification, leadership, and
yang disesuaikan dengan bidang usaha Perseroan bersama Entitas                      others, which are tailored to the business fields of the Company
Anak di sektor usaha hotel, real estat, jasa telekomunikasi dan jasa                and its Subsidiaries in the hotel business sector, real estate,
manajemen perhotelan. Durasi pengembangan kapabilitas berupa                        telecommunication services, and hospitality management services.
pelatihan, seminar, workshop dan sosialisasi ditargetkan paling                     The duration of capability development in the form of training,
sedikit 8 (delapan) jam untuk karyawan kader dan 4 (empat) jam                      seminars, workshops, and socialization is targeted at least 8
untuk karyawan non kader setiap bulannya.                                           (eight) hours for cadre employees and 4 (four) hours for non-cadre
                                                                                    employees every month.
Jenis dan Tujuan Pelatihan, Seminar, Workshop dan Sosialisasi
Types and Objectives of Training, Seminars, Workshops and Socialization
 Jenis | Type                           Tujuan | Objective
Umum | General                          Memperkenalkan dan menanamkan nilai-nilai organisasi dan hal-hal baru umum agar memahami tugas dan tanggung
                                        jawabnya sehingga dapat bekerja mandiri dan tim secara efektif, serta memberikan nilai tambah bagi Perseroan.
                                        Introduce and instill organizational values and general novelties in order to understand their duties and responsibilities
                                        so that they can work independently and in teams effectively, and provide added value to the Company.
Teknikal | Technical                    Meningkatkan tingkat keahlian (materi) karyawan mengenai suatu fungsi/pekerjaan yang dapat mendukung terciptanya
                                        kinerja yang lebih efektif, efisien dan produktif.
                                        Increase the level of expertise (material) of employees regarding a function/job that can support the creation of more
                                        effective, efficient and productive performance.
Sertifikasi | Certification             Memberikan satu tolok ukur pengakuan atas pengetahuan, kemampuan, ketrampilan serta sikap kerja yang sesuai
                                        dengan standar kompetensi yang berlaku.
                                        Provide a benchmark for recognition of knowledge, abilities, skills and work attitudes in accordance with applicable
                                        competency standards.
Lainnya | Other                         Meningkatkan keahlian dan kompentensi lainnya untuk pembentukan karakter ataupun pengembangan karier
                                        karyawan dimasa yang akan datang.
                                        Improve skills and other competencies for character building or future employee career development.

Perseroan sebagai induk perusahaan Grup JIHD melalui                                The Company as the parent company of JIHD Group through
Departemen Human Capital dan Departemen Kepatuhan                                   its Human Capital Department and Compliance Department is
bertanggung jawab pada pengadaan pelatihan, seminar, workshop                       responsible for the provision of mandatory training, seminars,
dan sosialisasi lebih bersifat mandatori, dalam hal pengembangan                    workshops, and socialization, in terms of human capital
human capital, keamanan, arahan teknis keselamatan dan                              development, security, and technical direction of occupational
kesehatan kerja. Selain ini, seluruh karyawan Grup JIHD dapat                       safety and health. In addition, all employees of JIHD Group can
mengikuti seminar, workshop dan sosialisasi dari Artha Graha                        attend seminars, workshops, and socialization from Artha Graha
Network/Artha Graha Peduli perihal kesehatan dan perihal teknis                     Network/Artha Graha Peduli regarding health and technical matters
suatu produk baru yang dapat bermanfaat bagi pengembangan                           of a new product that can be useful for the business development
usaha Perseroan dan Entitas Anak.                                                   of the Company and its Subsidiaries.

Perseroan memfasilitasi 18 pelatihan, seminar, workshop dan                         The Company facilitated 18 centralized trainings, seminars, workshops
sosialisasi terpusat dengan durasi 618,5 jam di sepanjang 2023.                     and socializations with a duration of 618.5 hours throughout 2023.
Sedang pelatihan yang dikhususkan untuk karyawan Perseroan ada                      While there were 14 trainings specifically for the Company's employees
19 pelatihan dengan durasi 139 jam (lihat pada lampiran pelatihan).                 with a duration of 139 hours (see training attachment).


Pelatihan, Seminar, Workshop dan Sosialisasi Terpusat Grup JIHD 2023
JIHD 2023 Group Centralized Training, Seminars, Workshops and Socialization
                                                                                                                          Karyawan
 Bulan          Tanggal       Pelatihan, Seminar, Workshop dan Sosialisasi          Jam
 Month           Date         Training, Seminar, Workshop and Socialization          Jumlah
                                                                                   Hours    Laki-Laki                     Perempuan       Kader       Non Kader
                                                                                    		Total   Male                          Female        Cadre       Non-cadre
Program Utama | Main Program
   Jan     17-19, 24-26       Success Mindset & Personel Excellence                      48         534            391            143          133           401
  Feb      14-16, 21-23       Effective Business Communication Skill                     48         399            280            119           151          248
  Mar      7-9, 14-16         Presentation Mastery & Public Speaking                     48          351           226            125          140            211
  Apr      4-6, 11-13         Strategic Leadership                                       48         300             191           109          158           142
  Mei      9-11, 23-25        Convince and Persuade Others                               48         306            197            109          144           162
  May
  Jun      13-15, 20-22       Leading Across Generation                                  48          311           206            105          155           156
   Jul     4-6, 11-13         Skills for New Manager                                     48          318           207             111         157            161
  Agu      8-10, 22-23        Problem Solving & Decision Making                          48         324            220            104          147            177
  Aug
  Sep      5-7, 19-21         Design Thinking                                            48          316           201            115          147           169
  Okt      18-19, 25-26       Sustaining The Business in The Everchanging                32          291           195            96           152            139
  Oct                         World
  Nov      15-16, 22-23       Integrity and Productivity                                 32         280            183             97          165            115
  Des      6-7, 13-14         Managing Customer Relation                                 32         304            192            112          162            142
  Dec
Jumlah | Total = 12                                                                    528



108      Laporan Tahunan Terintegrasi 2023
Page 111
                                                                                                          Integrating Excellence for Sustainability




Pelatihan, Seminar, Workshop dan Sosialisasi Terpusat Grup JIHD 2023




                                                                                                                                                                     Prologue
JIHD 2023 Group Centralized Training, Seminars, Workshops and Socialization




                                                                                                                                                                      Prolog
                                                                                                                          Karyawan
 Bulan          Tanggal        Pelatihan, Seminar, Workshop dan Sosialisasi      Jam
 Month           Date          Training, Seminar, Workshop and Socialization    Hours       Jumlah        Laki-Laki       Perempuan        Kader       Non Kader
                                                                                             Total          Male            Female         Cadre       Non-cadre




                                                                                                                                                                     Performamnce Highlights
Program Tambahan | Additional Programs




                                                                                                                                                                          Ikhtisar Kinerja
Feb       7-9                 Sales & Marketing                                       12            537          416              121           43            494
Mar       2-3, 6              Product Knowledge Hotel Discovery                       12           694          368              326            141           553
          13-16               Basic Hospitality                                       32            40            21              29               1           39
Jul       10-11               Building’s Occupational Safety and Health               16
                              Training (K3) in SCBD Area
Agu       29                  Menanam & Mencintai Pohon Untuk Kelestarian            2,5            170         120               50            32            138
Aug                           Lingkungan




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
                              Planting & Loving Trees for Environmental
                              Sustainability
          30-31               Presentation Skill with Power Point                     16            20                3            17              9            11
Jumlah | Total = 5                                                                 90,5

Jumlah |Total Program Utama dan Tambahan                                          618,5
Main and Additional Programs = 18
Catatan: Dikoordinir oleh Departemen Human Capital
Note: Coordinated by the Human Capital Department




                                                                                                                                                                     Profil Perusahaan
                                                                                 Meanwhile, there were 35 trainings, seminars, workshops, and




                                                                                                                                                                      Company Profile
Sementara, yang difasilitasi oleh AGN/AGP ada 35 pelatihan,                      socializations facilitated by AGN/AGP with a duration of 61.5 hours,
seminar, workshop dan sosialisasi dengan durasi 61,5 jam,                        including 12 health seminars with a duration of 22.5 hours (see the
termasuk 12 seminar kesehatan dengan durasi 22,5 jam (lihat                      list of Artha Graha Peduli health seminars in the Health Benefits to
daftar seminar kesehatan Artha Graha Peduli dalam box Manfaat                    Every Employee box).
Kesehatan Kepada Setiap Karyawan).


Pelatihan, Seminar, Workshop dan Sosialisasi dari AGN/AGP 2023




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
                                                                                                                                                                      Management Discussion and Analysis
Training, Seminar, Workshop and Socialization of AGN/AGP 2023
 Bulan   Tanggal          Pelatihan, Seminar, Workshop dan Sosialisasi               Kerjasama                 Jam         Laki-Laki       Perempuan       Jumlah
 Month    Date            Training, Seminar, Workshop and Socialization             Cooperation               Hours          Male            Female         Total
  Jan              11 Pembuatan Struktur dengan Fiber Reinforce Polymer PT Fyle Fibrwrap Indonesia                1,5              15                  3        18
                  25 Teknologi Terbaik Atasi Kebocoran Gedung              PT Teknologi Nano Indonesia            1,5              14                  0        14
  Feb              8 Teknologi Terbaru Lift Otis                           PT Citas Otis Elevator                 1,5              19                  2       21
                  22 Mulia Keramik: Glass & Glassblock                     PT Muliaglass                          1,5              19                  5       24
  Mar              8 Water Treatment Technologies                          PT Kurita Indonesia                    1,5              17                  4       21
                  29 Teknologi Terbaru Elevator dari Kone                  PT Kone Indo Elevator                  1,5              12                  2        14
  Apr             12 Window Aluminium Madela                               PT YKK AP Indonesia                    1,5              12                  5        17
  Mei             24 Coating Solution for Industrial                       PT Total Solusi Warna                  1,5              11                  1       12
  May




                                                                                                                                                                     Human Capital
                                                                                                                                                                     Human Capital
  Jun              7 Shutter untuk Komersial, Industri, Logistik dan PT Sanwamas Metal Industry                  2,0               12                  1        13
                     Bangunan Lain
                  21 New Energy Solar Panel & Battery                      PT Citra Tambang Lestari               1,0                  7               3       10
  Jul              5 Marmer dan Granit NuStone                             PT Nu Stone Republik Berjaya          2,0              20                   1       21
                  26 Waterproofing, Carpark Flooring & Polyurea            PT Pentens Indonesia                  2,0              27                   2       29
  Agu              9 Isolasi dan Efisiensi Energi dengan Thermobreak                                              1,5             20                   1       21
  Aug
                  23 Amerdeep Fabric Introduction                                                                 1,5             27                   2       29
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance




                  26 Lawan Polusi dengan Solusi                                                                  2,0               16                  2       18
  Sep              6 Beton Instan, Ready Mix & Precast yang Berkualitas    PT Kokoh Inti Arebama                  1,5              31                  1       32
                  20 Toward Transformation: Revolutionizing Artha Graha                                           1,5             70                   7       77
                     Group with IoT Solutions.
  Okt              4 Introduction Lysaght Product                          PT NS Bluescope Lysaght                    2            71                  3       74
  Oct                                                                      Indonesia
                  18 Produk Material untuk Konstruksi yang Berkualitas     Safety Group                               2           23                   0       23
  Nov              3 Penangangan Masalah Pemipaan dan Lubricant PT Multi Prima Indosejahtera                          2           40                   4       44
                     Peralatan pada Gedung dan Industri.
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




                  15 Terminate Protego – Lembaran Anti Rayap Multifungsi                                              2           22                   1       23
  Des              1 Ultrachem – Construction Chemical                     PT Miranila Abadi                          2            16                  1        17
  Dec
                  13 Concrete Panel for Affordable Housing                 Joegreen Concrete Panel                    2            18                  1       19
Jumlah | Total = 23                                                                                               39




                                                                                                                 2023 Integrated Annual Report                109
Page 112
PT Jakarta International Hotels & Development Tbk




Entitas Anak dan Cucu, selain mengikuti pelatihan, seminar,                   The direct and indirect Subsidiaries, in addition to attending
workshop dan sosialisasi yang diselanggarakan oleh Perseroan,                 training, seminars, workshops and socialization organized by
juga secara mandiri mengadakan kegiatan-kegiatan tersebut yang                the Company, also independently held these activities tailored
disesuaikan dengan kebutuhan perusahaan. Secara keseluruhan                   to the needs of the company. In total, there were 215 training
terdapat 215 kegiatan pelatihan, seminar, workshop dan sosialisasi            activities, seminars, workshops and socializations with a duration
dengan durasi 1.983 jam yang difasilitasi dan diselenggarakan oleh            of 1,983 hours facilitated and organized by the Company and its
Perseroan dan Entitas Anak di sepanjang 2023. Dan khusus secara               Subsidiaries throughout 2023. And specifically on average, the
rata-rata untuk karyawan Perseroan (termasuk HBJ) mendapatkan                 Company's employees (including HBJ) received 7.68 hours of
pelatihan 7,68 jam di sepanjang 2023.                                         training throughout 2023.

Daftar pelatihan seminar, workshop dan sosialisasi dari Entitas               List of training seminars, workshops and socialization from
Anak dan Cucu: PT First Jakarta International, PT Danayasa                    direct and indirect Subsidiaries: PT First Jakarta International,
Arthatama, PT Artha Telekomindo, PT Pacific Place Jakarta dan PT              PT Danayasa Arthatama, PT Artha Telekomindo, PT Pacific Place
Adinusa Puripratama dapat dilihat pada lampiran di akhir bab.                 Jakarta and PT Adinusa Puripratama can be seen in the appendix
                                                                              at the end of the chapter.
Jumlah Pelatihan, Seminar, Workshop dan Sosialisasi Grup JIHD 2023
Number of Training, Seminars, Workshops and Socialization of JIHD Group 2023
                                                2023                                     2022                                    2021
       Penyelenggara
         Organizer               Jumlah            Jam         Biaya       Jumlah          Jam         Biaya       Jumlah         Jam         Biaya
                                  Total           Hours        Cost         Total         Hours        Cost         Total        Hours        Cost
A. Terpusat/Centralized
Perseroan                                  17      602,5       1.850,5              24      693,0        817,2              47          184    202,0
The Company
AGN/AGP                                   35           61,5            -            36          79,0           -            11          22            -
B. Mandiri/Independent
Perseroan                                  19           139            -            6           31,0           -             -            -           -
The Company
PT First Jakarta International             13            40       117,5              -             -           -             -            -           -
PT Danayasa Arthatama                      21      330,5         183,9              48      400,5        478,4              36          103      71,4
PT Artha Telekomindo                      79            423      419,8              18       160,0       216,4              21          140     122,8
PT Pacific Place Jakarta                   18           219      160,3              47      435,5         70,3              34          182      60,6
PT Adinusa Puripratama                     13          167,5     53,3               5           10,0      36,0               7          28       12,6
Jumlah | Total                            215      1.983       2.785,3           184       1.809,0     1.618,3          156         659        469,4


Biaya pelatihan, seminar, workshop dan sosialisasi terpusat yang              Centralized training, seminars, workshops and socialization costs
telah dikeluarkan oleh Perseroan bersama Entitas Anak mencapai                that have been incurred by the Company and its Subsidiaries
Rp2,79 miliar di 2023. Terdapat peningkatan dana sebesar Rp1,17               reached Rp2,79 billion in 2023. There was an increase in funds of
miliar di 2023, dari sebelumnya Rp1,62 miliar di 2022.                        Rp1.17 billion in 2023, from previously Rp1.62 billion in 2022.

Dari masing-masing Entitas Anak tercatat: PT Danayasa Arthatama               From each Subsidiary, it was recorded: PT Danayasa Arthatama
Rp183,9 juta (2022: Rp478,4 juta), PT Artha Telekomindo Rp419,8               Rp183.9 million (2022: Rp478.4 million), PT Artha Telekomindo
juta (2022: Rp216,4 juta), PT Pacific Place Jakarta Rp160,3 juta              Rp419.8 million (2022: Rp68.7 million), PT Pacific Place Jakarta
(2022: Rp70,3 juta) dan PT Adinusa Puripratama Rp53,3 juta (2022:             Rp160.3 million (2022: Rp405.9 million) and PT Adinusa Puripratama
Rp67,7 juta).                                                                 Rp53.3 million (2022: Rp67.7 million).

Peningkatan Jenjang Pendidikan                                                Educational Advancement
Kesempatan peningkatan jenjang pendidikan lebih tinggi juga                   Higher education opportunities are also provided to employees.
diberikan kepada karyawan. Perseroan berkolaborasi dengan                     The Company collaborates with the Jakarta International Hotels
Politeknik Jakarta International Hotels School (JIHS) yang berdiri            School (JIHS) Polytechnic, which was established in 1994, to meet
sejak 1994 dalam hal memenuhi kebutuhan tenaga kerja trampil                  the needs of the skilled workforce of Hotel Borobudur Jakarta.
Hotel Borobudur Jakarta.

Di Juni 2022 dimulai Program Fast Track Karyawan, sebagai                     In June 2022, the Employee Fast Track Program began, as a
sebuah kerjasama antara Perseroan dengan JIHS dalam                           collaboration between the Company and JIHS in increasing the
peningkatan jenjang pendidikan karyawan ke S1/D4, melalui                     education level of employees to Bachelor’s degree / Diploma 4,
jalur pendidikan fomal kelas percepatan yang dapat diselesaikan               through an accelerated class fomal education path that can be
minimal 4 (empat) semester di Politeknik JIHS dengan tiga program             completed in a minimum of 4 (four) semesters at JIHS Polytechnic
studi D4-S1 Terapan, yaitu Hotel Management, Analisis Keuangan                with three applied Diploma 4 – Bachelor’s degree study programs,
dan Keamanan Sistem Infomasi.                                                 namely Hotel Management, Financial Analysis and Information
                                                                              Systems Security.

Metode pembelajarannya adalah 4 (empat) semester di kampus, 2                 The learning method is 4 (four) semesters on campus, 2 (two)
(dua) semester di teaching industry, 1 (satu) semester pengabdian             semesters in the teaching industry, 1 (one) semester of community
masyarakat, 1 (satu) semester riset (4-2-1-1). Perkuliahannya                 service, 1 (one) semester of research (4-2-1-1). The courses are
dirancang untuk tidak mengganggu waktu kerja karyawan,                        designed not to interfere with employees' working time, held after
dilaksanakan sehabis waktu kerja kantor dan secara hybrid.                    office hours and on a hybrid basis.




110     Laporan Tahunan Terintegrasi 2023
Page 113
                                                                                         Integrating Excellence for Sustainability




Persyaratan untuk mengikuti program tersebut adalah berusia di       The requirements to join the program are under 40 years old




                                                                                                                                           Prologue
                                                                                                                                            Prolog
bawah 40 tahun dengan masa kerja lebih dari 5 tahun, berkinerja      with more than 5 years of service, good performance (minimum
baik (minimum dua tahun berturut-turut), mendapat rekomendasi        two consecutive years), recommendation from superiors and
dari atasan dan berkomitmen untuk terus bekerja di Grup Artha        commitment to continue working at Artha Graha Group (Company
Graha (Perseroan dan Entitas Anak).                                  and Subsidiaries).




                                                                                                                                           Performamnce Highlights
Perkuliahannya dirancang untuk tidak mengganggu waktu kerja          The courses are designed not to interfere with employees' working




                                                                                                                                                Ikhtisar Kinerja
karyawan, dilaksanakan sehabis waktu kerja kantor dan secara         time, held after office hours and on a hybrid basis, from 17:00 to
hybrid, yaitu dari jam 17.00 hingga jam 20.40 WIB setiap hari        20:40 WIB every Tuesday, Wednesday and Thursday. The duration
Selasa, Rabu dan Kamis. Durasi perkuliahan selama 1 tahun 7 bulan    of the course is 1 year and 7 months (depending on the previous
(tergantung dari latar belakang pendidikan sebelumnya).              educational background).

Program Fast Track diikuti oleh 15 karyawan, dengan perincian        The Fast Track Program was attended by 15 employees, with
6 (enam)karyawan berasal dari Palace Hotel Cipanas, 4 (empat)        details of 6 (six) employees from Palace Hotel Cipanas, 4 (four)
karyawan dari Hotel Borobudur Jakarta, dan masing-masing             employees from Hotel Borobudur Jakarta, and one each from the




                                                                                                                                           Laporan Manajemen
                                                                                                                                           Management Report
seorang dari Perseroan, PT Danayasa Arthatama, PT Artha              Company, PT Danayasa Arthatama, PT Artha Telekomindo and
Telekomindo dan PT First Jakarta International.                      PT First Jakarta International.

Sertifikasi Kompetensi Karyawan                                      Employee Competency Certification
Sertifikasi kompetensi karyawan merupakan bagian pelatihan           Employee competency certification is part of employee training to
karyawan untuk memberikan satu tolok ukur pengakuan atas             provide a benchmark for recognition of knowledge, abilities, skills
pengetahuan, kemampuan, ketrampilan serta sikap kerja yang           and work attitudes in accordance with applicable competency
sesuai dengan standar kompetensi yang berlaku dan peraturan          standards and applicable laws and regulations.




                                                                                                                                           Profil Perusahaan
perundang-undangan yang berlaku.




                                                                                                                                            Company Profile
Sebagai perusahaan yang bergerak di perhotelan, real estate          As a company engaged in hospitality, real estate and
dan jasa telekomunikasi merupakan suatu kemutlakan memiliki          telecommunication services, it is a necessity to have and prepare
dan mempersiapkan karyawan dengan keahlian spesifik untuk            employees with specific expertise to support the company's
mendukung operasional perusahaan sesuai standar kompetensi           operations according to national or international work competency
kerja nasional atau internasional.                                   standards.




                                                                                                                                           Analisis dan Pembahasan Manajemen
Perseroan dan Entitas Anak berharap dapat merealisasi sertifikasi    The Company and its subsidiaries expect to realize employee




                                                                                                                                            Management Discussion and Analysis
karyawan sebesar 100% dari ketentuan perundang-undangan.             certification by 100% of the statutory provisions. From January to
Dari Januari hingga Desember telah difasilitasi sebanyak 311         December, 311 employees, or 11.9% of the total 2,615 employees of
karyawan, atau 11,9% dari keseluruhan 2.615 karyawan Perseroan       the Company and Subsidiaries, have been facilitated. Most of them
dan Entitas Anak. Terbanyak berasal dari unit usaha perhotelan:      came from the hotel business unit: Hotel Borobudur Jakarta (243
Hotel Borobudur Jakarta (243 karyawan) dan Palace Hotel Cipanas      employees) and Palace Hotel Cipanas (22 employees). Others were
(22 karyawan). Sedang sebagian yang lain berasal dari Perseroan      from the Company with 5 employees, PT First Jakarta International
dengan 5 karyawan, PT First Jakarta International – 7 karyawan, PT   - 7 employees, PT Danayasa Arthatama - 7 employees, PT Artha
Danayasa Arthatama – 7 karyawan, PT Artha Telekomindo dan PT         Telekomindo and PT Pacific Place Jakarta with 10 employees each,
Pacific Place Jakarta dengan masing-masing 10 karyawan, serta PT     and PT Adinusa Puripratama - 7 employees.
Adinusa Puripratama – 7 karyawan.




                                                                                                                                           Human Capital
                                                                                                                                           Human Capital
                                                                                                                                           Tata Kelola Perusahaan
                                                                                                                                            Corporate Governance
                                                                                                                                           Laporan Keberlanjutan
                                                                                                                                            Sustainability Report




                                                                                                2023 Integrated Annual Report        111
Page 114
PT Jakarta International Hotels & Development Tbk




Manajemen Kinerja Individu
Individual Perfomance Management

Sistem manajemen kinerja SDM disusun sesuai dengan tujuan            The HR performance management system is structured in
perusahaan, yang menyelaraskan antara target perusahaan              accordance with the company's objectives, which align the
hingga target individu, yang dinilai secara periodik. Penilaian      company's targets to individual targets, which are assessed
kinerja menitikberatkan kepada hasil kerja (output), namun           periodically. Performance assessment focuses on work results
kompetensi individu (input) dan juga penguasaan peran jabatan        (output), but individual competence (input) as well as mastery of
serta perbaikan proses kerja turut menjadi bagian dari penilaian     job roles and improvement of work processes are also part of the
yang diukur menggunakan metode balance scorecard.                    measured assessment, which can be measured using the balance
                                                                     scorecard method.

Hasil merupakan pencapaian atas target, sedangkan proses             Results are the achievement of targets, while the process points
menunjuk pada bagaimana cara mencapai target tersebut.               to how to achieve these targets. Based on this idea, performance
Berangkat dari pemikiran tersebut, penilaian kinerja terhadap        assessment of individual employees is always carried out by
individual karyawan senantiasa dilakukan dengan melihat pada         looking at the elements of results and processes. However,
unsur hasil dan proses. Namun, Performance dari setiap individu      the performance of each individual employee is not solely
karyawan tidak semata difokuskan pada hasil, tetapi bagaimana        focused on results, but how the application of work culture and
penerapan budaya kerja dan kompetensi peran yang terdiri dari        role competencies consisting of leadership, developing others,
leadership, developing other, planning & organizing dan decision     planning & organizing and decision making.
making.

Perseroan menekankan konsep Plan-Do-Check-Action (PDCA) di           The Company emphasizes the concept of Plan-Do-Check-Action
dalam pekerjaan agar kinerja setiap karyawan dapat terealisasi       (PDCA) in work so that the performance of each employee
dengan baik. Setiap enam bulan sekali, Perseroan melakukan           can be well realized. Every six months, the Company conducts
penilaian kinerja terhadap masing-masing karyawan secara             a performance assessment of each employee specifically,
spesifik, transparan, terukur dan objektif dengan sistem bottom-up   transparently, measurably and objectively with a bottom-up
melalui mekanisme penilaian mandiri atas kinerja (Key Performance    system through a performance self-assessment mechanism (Key
Indicators - KPI).                                                   Performance Indicators - KPI).

Dasar penilaian kinerja individu adalah goal setting yang dibuat     The basis of individual performance assessment is the goal setting
oleh karyawan pada awal tahun (dapat dilakukan penyesuaian           made by the employee at the beginning of the year (adjustments
pada pertengahan tahun). Bagi pimpinan yang memiliki staf,           can be made in the middle of the year). For leaders who have staff,
proses penilaian juga melihat kemampuannya dalam mengelola           the assessment process also looks at their ability to manage the
tim (people management).                                             team (people management).

Penilaian kerja dilakukan berjenjang dengan minimum 2 (dua)          Performance assessments are carried out in stages with a minimum
level atasan karyawan. Pihak atasan harus aktif memberikan           of 2 (two) levels of employee superiors. The supervisor must
pengarahan, bimbingan dan evaluasi sebagai masukan bagi              actively provide direction, guidance and evaluation as input for the
pencapaian kinerja karyawan. Penilaian untuk staf dan supervisor     achievement of employee performance. Assessments for staff and
meminta persetujuan kepada manager, sedangkan untuk penilaian        supervisors need approval from the manager, while for manager
manager meminta persetujuan direktur departemen terkait.             assessments need approval from the relevant department director.

Departemen Human Capital selanjutnya akan mengelola hasil            The Human Capital Department will then manage the results of
penilaian tersebut, yang akan digunakan sebagai tolok ukur           the assessment, which will be used as a benchmark for adjusting
penyesuaian perolehan remunerasi, pemberian penghargaan dan          remuneration, awards and promotions for employees for the
promosi jabatan bagi karyawan untuk tahun berikutnya. Sementara      following year. Meanwhile, for new employees, the appraisal
itu, bagi karyawan baru, hasil penilaian akan menentukan status      results will determine their continued employment status.
kelanjutannya untuk bekerja.

Penilaian ini mendorong bentuk pengelolaan karyawan secara adil,     This assessment encourages a fair form of employee management,
serta diharapkan dapat mendorong semangat karyawan agar lebih        and is expected to encourage employees to be more productive at
produktif dalam bekerja serta berkontribusi bagi pertumbuhan         work and contribute to the growth of the Company.
Perseroan.




112     Laporan Tahunan Terintegrasi 2023
Page 115
                                                                                         Integrating Excellence for Sustainability




Kompensasi Karyawan




                                                                                                                                            Prologue
                                                                                                                                             Prolog
Employee Compensation




                                                                                                                                            Performamnce Highlights
Hubungan Industrial                                                  Industrial Relations




                                                                                                                                                 Ikhtisar Kinerja
Perseroan dan karyawan sepakat untuk bersinergi untuk                The Company and employees agree to team up for business
keberlanjutan usaha dan menciptakan relasi kerja yang harmonis       sustainability and create harmonious working relationships
melalui penerapan hubungan industrial yang adil dan dinamis          through the implementation of fair and dynamic industrial relations
sesuai dengan ketentuan-ketentuan peraturan perundang-               in accordance with the provisions of labor laws and regulations.
undangan ketenagakerjaan.

Hubungan industrial yang harmonis dapat tercapai apabila dibangun    Harmonious industrial relations can be achieved if it is built on
atas dasar pemahaman bersama (Perseroan dan karyawan) untuk          the basis of mutual understanding (the Company and employees)




                                                                                                                                            Laporan Manajemen
                                                                                                                                            Management Report
melaksanakan hak, kewajiban dan tanggung jawabnya dalam              to carry out their rights, obligations and responsibilities in an
suasana dan tekad saling menghormati, mempercayai, dan               atmosphere and determination of mutual respect, trust, and
bekerja sama saling menguntungkan, dengan tujuan menjamin            mutually beneficial cooperation, with the aim of ensuring business
keberlangsungan usaha dan perbaikan kesejahteraan.                   sustainability and improving welfare.

Perseroan memastikan bahwa di sepanjang 2023, tidak terdapat         The Company ensured that throughout 2023, no labor disputes
perselisihan dan/atau pemogokan kerja yang terjadi di lingkungan     and/or strikes occurred within the Company and its subsidiaries.
Perseroan dan Entitas Anak. Hal ini bisa tercapai berkat adanya      This can be achieved thanks to the existence of harmonious




                                                                                                                                            Profil Perusahaan
hubungan industrial yang harmonis sehingga mampu menciptakan         industrial relations that can create a favorable working atmosphere.




                                                                                                                                             Company Profile
suasana kerja yang kondusif.

Remunerasi                                                           Remuneration
Kebijakan remunerasi Perseroan berpedoman dan merujuk pada:          The Company’s remuneration policy is guided by and refers to:
ketentuan-ketentuan peraturan ketenagakerjaan yang berlaku,          provisions of applicable labor regulations, company capabilities,
kemampuan perusahaan, perbandingan dengan industri sejenis,          comparison with similar industries, and adjustment of living needs
penyesuaian kebutuhan hidup (agar ada kelebihan yang dapat           (so that there is excess that can be saved) which are always




                                                                                                                                            Analisis dan Pembahasan Manajemen
disimpan) yang selalu ditelaah setiap tahun. Disusun berdasarkan     reviewed annually. Compiled based on the 3P concept (Pay for




                                                                                                                                             Management Discussion and Analysis
konsep 3P (Pay for Person, Pay for Performance, Pay for Position),   Person, Pay for Performance, Pay for Position), and determined
dan ditentukan berdasarkan kontribusi, kompetensi, kapabilitas,      based on the contribution, competence, capability, and experience
dan pengalaman setiap karyawan, dengan tidak membedakan              of each employee, with no distinction (equal compensation)
(kompensasi yang sama) antara karyawan laki-laki maupun              between male and female employees.
perempuan.

Perseroan senantiasa berupaya memberikan besaran remunerasi          The Company always strives to provide a proportional and fair
yang proporsional dan adil, yang diharapkan dapat menarik            amount of remuneration, which is expected to attract, motivate,
(attrack), memotivasi (motivate), mempertahankan (retain) dan        retain, and increase employee engagement. In return, employees
meningkatkan keterikatan karyawan. Imbal baliknya diharapkan         are expected to always support the Company’s vision, mission, and
karyawan senantiasa mendukung visi, misi, dan strategi Perseroan     strategy so that they can provide optimal performance.
sehingga bisa memberikan kinerja yang optimal.

Perseroan memberikan remunerasi yang bersifat tetap dan rutin        The Company provides fixed and routine remuneration in the form




                                                                                                                                            Human Capital
                                                                                                                                            Human Capital
dalam bentuk gaji bulanan yang akan dievaluasi setiap tahunnya,      of monthly salary which will be evaluated annually, and allowances:
dan tunjangan: jabatan, kehadiran, telekomunikasi, hari raya dan     position, attendance, telecommunications, festive holidays, and
kesehatan. Selain gaji bulanan dan tunjangan-tunjangan tersebut,     health. In addition to the monthly salary and allowances, welfare
juga diberikan fasilitas kesejahteraan dan manfaat lainnya yang      facilities and other benefits that support work productivity are
menunjang produktivitas kerja, berupa tunjangan untuk: gigi,         also provided, in the form of allowances for: dental, eyeglasses,
kacamata, menikah, melahirkan dan kedukaan; asuransi kesehatan       marriage, maternity and grief; health insurance (inpatient and
(rawat inap dan rawat jalan); iuran jaminan sosial ketenagakerjaan   outpatient); labor and health social security contributions; and
dan kesehatan; dan iuran dana pensiun.                               pension fund contributions.
                                                                                                                                            Tata Kelola Perusahaan
                                                                                                                                             Corporate Governance
                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                             Sustainability Report




                                                                                                2023 Integrated Annual Report        113
Page 116
PT Jakarta International Hotels & Development Tbk




      Manfaat Kesehatan Kepada Setiap Karyawan
      Health Benefits to Every Employee [GRI 403-6]
      Para karyawan Perseroan dan Entitas Anak masih menerima manfaat-manfaat kesehatan yang sama seperti di 2022, yaitu medical check-up,
      seminar kesehatan, kegiatan olahraga dan sayuran hidroponik
      The employees of the Company and its subsidiaries still receive the same health benefits as in 2022, namely medical check-ups, health seminars,
      sports activities, and hydroponic vegetables.
       Medical check-up
                                                                                        Medical check-up
       Kegiatan medical check-up dilakukan bekerja sama dengan                          The medical check-up activity was conducted in collaboration with
       dokter-dokter Artha Graha Peduli di Klinik Utama AGP Lot 4 SCBD.                 Artha Graha Peduli doctors at the AGP Main Clinic Lot 4 SCBD. The
       Pemeriksaan medical check-up yang diberikan meliputi pemeriksaan                 medical check-up examination provided includes complete blood,
       darah lengkap, urine, gula darah puasa, fungsi hati (SGOT, SGPT),                urine, fasting blood sugar, liver function (SGOT, SGPT), cholesterol
       panel kolesterol (kolesterol total, HDL, LDL dan Trigliserida), fungsi           panel (total cholesterol, HDL, LDL and Triglycerides), kidney function
       ginjal (ureum, creatinine), asam urat, pap smear, HbsAg (infeksi                 (ureum, creatinine), uric acid, pap smear, HbsAg (hepatitis B infection),
       hepatitis B), X-Ray Paru, EKG (untuk usia > 45 tahun), audiometri                Lung X-Ray, ECG (for age > 45 years), audiometry (for technicians)
       (untuk teknisi) dan pemeriksaan fisik. Melalui kegiatan medical check-           and physical examination. Through medical check-up activities that
       up yang diusahakan rutin setiap tahun, Perseroan ingin memastikan                are routinely conducted every year, the Company wants to ensure
       kesehatan karyawan dalam kondisi prima sehingga dapat bekerja                    that employees' health is in prime condition so that they can work
       maksimal dan optimal.                                                            maximally and optimally.
       Kegiatan medical check-up 2023 telah dilakukan di Perseroan dan                  The 2023 medical check-up activities have been conducted at the
       Entitas Anak: Hotel Borobudur Jakarta, PT First Jakarta International,           Company and its subsidiaries: Hotel Borobudur Jakarta, PT First
       PT Danayasa Arthatama, PT Pacific Place Jakarta, PT Adinusa                      Jakarta International, PT Danayasa Arthatama, PT Pacific Place
       Puripratama. Sebanyak 1.269 karyawan (965 laki-laki dan 304                      Jakarta, PT Adinusa Puripratama. A total of 1,269 employees (965
       perempuan) telah mengikuti kegiatan tersebut. Pembiayaan kegiatan                male and 304 female) have participated in the activity. The financing
       tersebut difasilitasi oleh masng-masing perusahaan yang seluruhnya               of the activities was facilitated by each company, totaling Rp613.93
       Rp613,93 juta (2022: Rp655 juta).                                                million (2022: Rp655 million).


          Pelaksanaan Medical Check-Up di Perseroan & Entitas Anak 2023
          Implementation of Medical Check-Up in the Company & Subsidiaries 2023
                                                                              Biaya                                     Karyawan
                      Perseroan & Entitas Anak       Bulan    Tanggal       (Rp Juta)                                   Employees
          No
                       Company & Subsidiaries        Month     Date          Cost (Rp        Jumlah        Laki-Laki    Perempuan         Kader        Non Kader
                                                                             Million)         Total          Male         Female          Cadre        Non- Cadre
          1       Hotel Borobudur Jakarta           Feb          27-28            69,17             368           294               74           9           359
                                                    Agu             8-9         164,43              436           327              109           11          425
          2       PT First Jakarta International    Sep             2/9           5,50                6             3                3           0              6
          3       Perseroan | The Company                        16/23           56,46               61            41               20       20                41
          4       PT Danayasa Arthatama                       16/23/27           177,52              117           84               33           17           100
          5       PT Adinusa Puripratama                         16/23            31,78              21            17                4           3             18
          6       PT Pacific Place Jakarta          Nov             7-9         109,07              260           199               61           18          242
          Jumlah | Total                                                        613,93           1.269            965              304       78              1.191

      Di 2023, bersamaan dengan kegiatan medical check-up, telah                        In 2023, along with medical check-up activities, an employee
      pula dilakukan pemeriksaan test urine karyawan. Secara                            urine test was also conducted. Periodically, employees of the
      berkala terhadap para karyawan di Perseroan dan Entitas                           Company and its Subsidiaries are tested for urine to ensure
      Anak dilakukan pemeriksaan test urine karyawan, untuk                             that no employees are found to be involved in the use and
      memastikan agar tidak ada karyawan yang kedapatan                                 illicit trafficking of narcotics, psychotropic substances, and
      terlibat dalam penggunaan dan peredaran gelap narkotika,                          additives (NAPZA) in the workplace.
      psikotropika dan zat aditif (NAPZA) di tempat kerja.

      Pelaksanaan Test Urine Berhubungan Pencegahan NAPZA di Perseroan & Entitas Anak 2023
      Urine Test Implementation Related to Drug Prevention in the Company & Subsidiaries 2023
                                                                            Biaya                                       Karyawan
                    Perseroan & Entitas Anak        Bulan    Tanggal      (Rp Juta)
       No                                                                                Jumlah      Laki-Laki     Perempuan             Kader         Non Kader
                     Company & Subsidiaries         Month     Date         Cost (Rp
                                                                           Million)       Total        Male          Female              Cadre         Non- Cadre

      1          Hotel Borobudur Jakarta           Feb         27-28            11,40          95            73              22                   0            95
                                                   Mei            30            1,56            6             5                1                  0             6
                                                   Agu           8-9          37,92           316          246               70                   11          305
      2          PT Danayasa Arthatama             Apr            27          40,30           150           119               31
                                                   Mei             15                           3             2                1
                                                   Sep         16/23          30,94           119            86              33                  16           103
      3          PT First Jakarta International    Sep           2/9            2,70            6             3                3                  0             6
      4          Perseroan | The Company                        12/13                          61            41              20                  20            41
      5          PT Adinusa Puripratama                                                        21            17                4                  3            18
      Jumlah | Total                                                        124,82           777           592              185                  50           574




114           Laporan Tahunan Terintegrasi 2023
Page 117
                                                                                                  Integrating Excellence for Sustainability




                                                                                                                                                           Prologue
Seminar Kesehatan                                                          Health Seminar




                                                                                                                                                            Prolog
Seminar kesehatan merupakan program rutin di bidang kesehatan              Health seminar is a routine program in the health sector from Artha
dari Artha Graha Peduli yang dilaksanakan bekerja sama dengan              Graha Peduli which is carried out in collaboration with partner doctors
mitra-mitra dokter dari rumah sakit-rumah sakit di Jakarta. Telah          from hospitals in Jakarta. It has been implemented since 2019, and
dilaksanakan sejak 2019, dan terus berlangsung setiap bulan                continues to take place every month until now. The health seminars




                                                                                                                                                           Performamnce Highlights
hingga sekarang. Seminar-seminar kesehatan tersebut bertujuan              aim to provide knowledge to employees about health so that they
untuk memberikan pengetahuan kepada karyawan seputar                       can prepare steps for treatment if exposed.




                                                                                                                                                                Ikhtisar Kinerja
kesehatan sehingga dapat mempersiapkan langkah-langkah untuk
pengobatannya apabila terpapar.

Kegiatan ini sekarang telah dilakukan secara hybrid, sebagian              This activity has now been carried out in a hybrid manner, some of
telah dapat hadir di ruang rapat Perseroan, selain dapat diikuti           which can be attended in the Company's meeting room, in addition to
secara virtual oleh karyawan di tempat kerjanya masing-masing. Di          being followed virtually by employees at their respective workplaces.
sepanjang 2023 telah diadakan 12 seminar dengan berbagai topik             Throughout 2023, 12 seminars on various health topics were held.
kesehatan.




                                                                                                                                                           Laporan Manajemen
                                                                                                                                                           Management Report
Seminar Kesehatan Artha Graha Peduli 2023
Artha Graha Peduli Health Seminar 2023
 Bulan    Tanggal      Pelatihan, Seminar, Workshop dan Sosialisasi          Kerjasama           Jam      Laki-Laki     Perempuan       Jumlah
 Month     Date        Training, Seminar, Workshop and Socialization        Cooperation         Hours       Male          Female         Total
  Apr        10       Sosialisasi Program Corporate Medical Assistance                             2,0          320                91         411
                      & Penyuluhan Pencegahan dan Penanggulangan
                      HIV/AIDS
             14       Tetap Sehat & Gaul Tanpa Narkoba                                             2,0           176              59         235




                                                                                                                                                           Profil Perusahaan
                                                                                                                                                            Company Profile
  Mei        17       Manajemen Stress pada Karyawan                     RS Grha Kedoya             1,5           31              24           55
  May
                      Mempunyai Gigi yang Tidak Sehat Apakah Dent Smile Clinic                     2,0
                      Berpengaruh Terhadap Tubuh Juga?
  Jun         8       Syndrome Metabolic.                                                          2,0            47              23           70
  Jul        18       Dental Health Hygiene.                             Dent Smile Clinic         2,0            61              30           91
             27       Dispepsia Pada Pekerja                                                        1,5




                                                                                                                                                           Analisis dan Pembahasan Manajemen
  Agu        14       Pentingnya Nutrisi dan Stimulasi pada 1000 Hari                              2,0            29               16          45




                                                                                                                                                            Management Discussion and Analysis
  Aug                 Pertama Kehidupan
  Sep        29       Kenali Tanda Awal dan Pencegahan Penyakit                                    2,0            56              32           88
                      Jantung di Tempat Kerja Anda
  Okt        24       Kenali Tanda Awal Saraf Kejepit                                              2,0            44               33          77
  Oct
  Nov         8       Mengapa Harus Waspada Terhadap Monkeypox.          RS Satyanegara            2,0            61              50           111
  Des        19       Ketahui Lebih Dalam Mengenai Batu Ginjal                                      1,5           55               33          88
  Dec
Jumlah | Total = 12                                                                               22,5




                                                                                                                                                           Human Capital
                                                                                                                                                           Human Capital
                                                                                                                                                           Tata Kelola Perusahaan
                                                                                                                                                            Corporate Governance
                                                                                                                                                           Laporan Keberlanjutan
                                                                                                                                                            Sustainability Report




                                                                                                          2023 Integrated Annual Report              115
Page 118
PT Jakarta International Hotels & Development Tbk




      Kegiatan Olahraga                                                              Sports Activities
      Kegiatan olahraga karyawan merupakan tindak lanjut untuk perbaikan             Employee sports activities are a follow-up to the improvement and
      dan peningkatan kesehatan karyawan setelah medical check-up.                   enhancement of employee health after medical check-ups. This activity
      Kegiatan ini dikoordinasi oleh Departemen HDR Perseroan dengan                 is coordinated by the Company's HDR Department and also involves
      melibatkan juga karyawan Entitas Anak. Mulai diadakan sejak 25                 employees of the Subsidiaries. It has been held since May 25, 2022,
      Mei 2022, dan terus berlanjut hingga sekarang, dengan frekuensi                and continues until now, with the frequency of procurement once to
      pengadaan sekali hingga dua kali setiap minggu, sekali hingga dua              twice every week, once to twice a month.
      kali dalam sebulan.

      Biaya untuk kegiatan tersebut seluruhnya ditanggung oleh perusahaan            The costs for these activities were entirely borne by the companies
      (Perseroan dan Entitas Anak). Di 2023, untuk seluruh kegiatan                  (the Company and its subsidiaries). In 2023, Rp211 million was used for
      terebut telah digunakan dana sebesar Rp211 juta, dengan perincian              these activities, with details at the Company Rp4.2 million, PT Danayasa
      di Perseroan Rp4,2 juta, PT Danayasa Arthatama Rp80,1 juta, PT First           Arthatama Rp80.1 million, PT First Jakarta International Rp44 million, PT
      Jakarta International Rp44 juta, PT Artha Telekomindo Rp52,8 juta, dan         Artha Telekomindo Rp52.8 million, and PT Pacific Place Jakarta Rp29.9
      di PT Pacific Place Jakarta Rp29,9 juta. Sebagian besar dana tersebut          million. Most of the funds were allocated for leasing sports facilities.
      dialokasikan untuk penyewaan sarana fasilitas olahraga.


                                                                                   Cabang Olahraga | Sports Branch
          Perseroan & Entitas Anak               Bulutangkis         Futsal           Tenis Meja                     Senam          Jogging       Zumba
          Company & Subsidiaries                                                                      Muaythai
                                                 Badminton                           Table Tennis                   Gymnastics      Jogging       Zumba
      1      Perseroan                        Senin              Selasa                             Kamis          Jumat
             The Company                      Monday             Tuesday                            Thursday       Friday
      2      Hotel Borobudur Jakarta          Selasa & Jumat                      Rabu
                                              Tuesday & Friday                    Rabu
      3      PT Danayasa Arthatama            Senin              Selasa                             Selasa
                                              Monday             Tuesday                            Tuesday
      4      PT First Jakarta International   Rabu                                                                 Jumat
                                              Wednesday                                                            Friday
      5      PT Artha Telekomimdo             Senin              Selasa/Rabu                        Kamis          Jumat
                                              Monday             Tuesday/                           Thursday       Friday
                                                                 Wednesday
      6      PT Pacific Place Jakarta                            Senin/Selasa     Selasa & Kamis                                  Jumat       Jumat
                                                                 Monday/          Tuesday &                                       Friday      Friday
                                                                 Tuesday          Thursday

      Sayur Hidroponik                                                               Hydroponic Vegetable
      Ada dampak yang tidak sehat dari makanan dengan bahan mentah                   There are unhealthy effects of food with raw materials that have been
      yang telah terpapar bahan kimia dan arsenik. Sejak 31 Mei 2022 melalui         exposed to chemicals and arsenic. Since May 31, 2022, through the
      himbauan himbauan “from farm to plate, make food safe, food security,          appeal "from farm to plate, make food safe, food security, food safety."
      food safety.” Melengkapi kepedulian terhadap kesehatan, Perseroan              Complementing the health concern, the Company and its Subsidiaries
      dan Entitas Anak memfasilitasi tersedianya sayuran hidroponik yang             facilitate the availability of hydroponic vegetables grown without
      ditanam tanpa pestisida, untuk jenis-jenis seperti: Pakcoy Hijau, Kailan,      pesticides, for types such as: Green Pakcoy, Kailan, Caisim, Green
      Caisim, Bayam Hijau, Bayam Merah, Romain, Selada dan Kangkung,                 Spinach, Red Spinach, Romain, Lettuce and Kale, which come from
      yang berasal dari kebun (Green House) yang ada di Jonggol dan                  the Green House in Jonggol and Sentul. Distributed every Tuesday
      Sentul. Didistribusikan setiap Selasa dan Jumat dengan pengganti               and Friday with a replacement planting fee of Rp10,000 per bunch of
      biaya tanam Rp10.000 per-ikat sayuran, dan juga diberikan gratis pada          vegetables, and also given free to lower-level employees in turn with
      karyawan level bawah secara bergantian dengan dana ditanggung                  funds borne by the company.
      perusahaan.



Reward & Punishment                                                                  Reward & Punishment
Pemberlakuan Reward dan Punishment bertujuan untuk                                   The implementation of Reward and Punishment aims to improve
meningkatkan kinerja setiap karyawan. Reward diberikan untuk                         the performance of each employee. Rewards are given to motivate
memotivasi karyawan dalam mencapai target kinerja yang                               employees to achieve performance targets that contribute
berkontribusi optimal dalam pencapaian sasaran Perseroan.                            optimally to the achievement of the Company's goals. Meanwhile,
Sementara untuk Punishment diterapkan untuk mencegah segala                          punishment is applied to prevent all forms of violations so that
bentuk pelanggaran sehingga hal-hal yang menghambat atau                             things that hinder or disrupt seamless work activities can be
mengganggu kelancaran aktivitas kerja dapat dihindari.                               avoided.

Dalam hal reward khusus, diberikan secara kompetitif normatif                        In the case of special rewards, given competitively normative
setara besaran yang disesuaikan dengan ketentuan peraturan                           equivalent amounts adjusted to the provisions of applicable
yang berlaku dan kemampuan perusahaan. Reward umum yang                              regulations and the ability of the company. General rewards
diberikan mencakup penyesuaian peningkatan kesejahteraan,                            include welfare improvement adjustments, and bonus mechanism
dan skema mekanisme bonus, tunjangan serta kesejahteraan                             schemes, allowances and other forms of welfare that have been
dalam bentuk lainnya telah diberikan secara maksimal oleh                            provided to the maximum by the Company. Awards are given to the
Perseroan. Pemberian penghargaan diberikan kepada karyawan                           best and disciplined employees (staff, supervisors and managers)
(staf, supervisor dan manager) terbaik dan disiplin setiap bulan dan                 every month and quarter.
triwulan.

Di sisi lain, punishment diterapkan untuk mencegah segala                            On the other hand, punishment is applied to prevent all forms of
bentuk pelanggaran sehingga hal-hal yang menghambat atau                             violations so that things that hinder or disrupt the seamless work
mengganggu kelancaran aktivitas kerja dapat dihindari, dan                           activities can be avoided, and as an effort to realize to be more
sebagai upaya menyadarkan untuk lebih hati-hati untuk tidak                          careful not to repeat the same mistakes in the future.
mengulangi kesalahan yang sama di masa yang akan datang.




116         Laporan Tahunan Terintegrasi 2023
Page 119
                                                                                                Integrating Excellence for Sustainability




Dalam bekerja, Perseroan telah membekali dengan Kode Etik                In working, the Company has provided the Company's Code of
Perseroan sebagai panduan dalam bekerja dan berinteraksi di              Conduct as a guide in working and interacting in the Company.




                                                                                                                                                        Prologue
                                                                                                                                                         Prolog
Perseroan. Sanksi pelanggar Kode Etik Perseroan disesuaikan              Sanctions for violators of the Company's Code of Conduct are
dengan tingkat pelanggaran diberikan berupa teguran dan surat            adjusted to the level of violation, given in the form of reprimands
peringatan (untuk menjadi lebih baik), dan sanksi administrasi           and warning letters (to get better), and administrative sanctions
pemberhentian, bahkan dituntut secara hukum apabila diketahui            for dismissal, even prosecuted legally if known to have committed




                                                                                                                                                        Performamnce Highlights
melakukan tindakan yang merugikan keuangan perusahaan,                   actions that harm the company's finances, such as corruption.
seperti korupsi.




                                                                                                                                                             Ikhtisar Kinerja
Manajemen Bakat dan Suksesi
Succession and Talent Management




                                                                                                                                                        Laporan Manajemen
                                                                                                                                                        Management Report
Proses manajemen talenta dan suksesi merupakan proses yang               The talent management and succession process is an important
penting dalam menyiapkan dan mengembangkan talenta terbaik               process in preparing and developing the best talents, so that
sehingga siap untuk menjadi suksesor untuk menggantikan dan/             they are ready to become successors to replace and/or occupy
atau menempati posisi-posisi strategis dan kritikal di Perseroan.        strategic and critical positions in the Company. With and through
Dengan adanya dan melalui proses manajemen talenta dan suksesi           a good talent and succession management process, it is expected
yang baik, diharapkan Perseroan dapat menjaring dan memiliki             that the Company can capture and have the best talents who are
talenta-talenta terbaik yang siap mengisi jalur kepemimpinan             ready to fill the leadership path on an ongoing basis.




                                                                                                                                                        Profil Perusahaan
secara berkesinambungan.




                                                                                                                                                         Company Profile
Kerangka kerja yang digunakan sebagai dasar pengembangan                 The framework used as the basis for talent development through
talenta melalui pengayaan pengalaman yang mencakup pelatihan,            enrichment experiences that include training, project/event
penugasan project/event, tour of duty di lingkungan Grup JIHD            assignments, tour of duty within the JIHD Group and Artha Graha
dan Artha Graha Group (AGG).                                             Group (AGG).




                                                                                                                                                        Analisis dan Pembahasan Manajemen
                                                                                                                                                         Management Discussion and Analysis
                                              Pemetaan dan penentuan berdasarkan konsistensi kinerja dan potensi dari setiap karyawan,
                                              melalui proses:
                                              • penilaian kinerja & potensi;
                                              • klasifikasi karyawan kader;
                                              • pengelompokkan dalam grup talenta (talent pool).
          Klasifikasi & Nominasi              Mapping and determination based on the consistency of performance and potential of each
      Classification and Nomination           employee, through the process:
                                              • performance & potential assessment;
                                              • classification of employee cadres;
                                              • grouping into two talent groups (talent pool).




                                                                                                                                                        Human Capital
                                                                                                                                                        Human Capital
                                              Pengukuran kapabilitas (dan gap-nya) talenta dalam hal: kepemimpinan, teknis dan perilaku
                                              sebagai masukan dalam pengembangan.
                                              Measurement of capabilities (and their gaps) of talents in terms of leadership, technical, and
               Pengukuran                     behavioral as input for development.
               Measurement
                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                         Corporate Governance




                                              Penyusunan rencana pengembangan (dengan memperhatikan gap kapabilitas) dalam bentuk:
                                              pengayaan pengalaman (berupa penugasan, promosi, pertukaran dan penambahan), pelatihan,
                                              dan pendampingan.
                                              Preparation of development plans (taking into account capability gaps) in the form of: enrichment
              Pengembangan                    experience (in the form of assignments, promotions, exchanges and additions), training, and
               Development                    mentoring.
                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                         Sustainability Report




                                              Evaluasi berkala berdasarkan kinerja, kompetensi dan potensinya, dengan output dapat
                                              berupa: penyesuaian, pengembangan dan dilanjutkan, dikeluarkan dari pool suksesor, atau siap
                                              dipromosikan.
                                              Periodic evaluation based on performance, competence and potential, with outputs being:
                  Evaluasi                    adjustment, development and continuation, exclusion from the successor pool, or ready for
                 Evaluation                   promotion.




                                                                                                       2023 Integrated Annual Report              117
Page 120
PT Jakarta International Hotels & Development Tbk




Kaderisasi                                                                Regeneration
Kebutuhan akan talenta-talenta terbaik untuk berkarya memajukan           The need for the best talents to work to advance the Company
Perseroan merupakan sesuatu yang tidak dapat terhindarkan.                is inevitable. Their presence is necessary for the Company to
Keberadaan mereka sangatlah diperlukan agar Perseroan dapat               continue to grow and develop sustainably. This can be fulfilled if
terus tumbuh dan berkembang secara berkelanjutan. Hal tersebut            the Company can carry out a good regeneration process. Cadre is
dapat terpenuhi apabila Perseroan mampu melaksanakan proses               related to the uninterrupted availability and readiness of the best
kaderisasi dengan baik. Kaderisasi berkaitan dengan ketersediaan          talents to continue the baton of struggle, play a role, work and lead
yang tidak terputus dan kesiapan dari talenta-talenta terbaik untuk       in the future.
melanjutkan tongkat estafet perjuangan, berperan, berkarya dan
memimpin di masa yang akan datang.

Pelaksanaan proses kaderisasi dimulai dari pencarian, penentuan           The implementation of the regeneration process starts from the
hingga pengembangan dan pengelolaan. Bersamaan dengan                     search, and determination to development and management.
pembaruan struktur organisasi Perseroan 2021 telah dilakukan              Along with the renewal of the Company's organizational structure
pembaruan mekanisme penentuan persyaratan, pengembangan                   in 2021, the mechanism for determining requirements, managing,
hingga pengelolaan kader.                                                 and development to cadres management.

Melalui program kaderisasi ini, setiap kader akan memperoleh              Through this regeneration program, each cadre will receive learning
pendampingan pembelajaran dalam segala hal yang berkaitan                 assistance in all matters relating to operational management, so
dengan operasional pengelolaan, sehingga nantinya dapat menjadi           that later they can become cadres who are ready to continue
kader yang siap melanjutkan kepengurusan dan pengelolaan di               management and management in the future.
masa depan.




      Persyaratan Umum Jabatan
      General Position Requirements                                                                                    DIRECTOR


                                                                                                                     PERSYARATAN

                                                                                 MANAGER                    •   Kader Seeded
                                                                                                            •   Diutamakan Nilai Kinerja > 80
                                                                                                            •   High level Networking
                                                                               PERSYARATAN                  •   Pendidikan Min. S1
                                                                                                            •   Masa kerja internal Min. 5
                                                                      •   Diutamakan Kader                      tahun
                                                                      •   Diutamakan Nilai Kinerja > 80     •   Sudah menjalani ToD AG
                                                                      •   Pendidikan Min. S1                    Group
                                                                      •   Masa kerja internal Min. 5        •   Pernah memimpin beberapa
                                           SUPERVISOR                     tahun                                 Proyek/Event Besar &
                                                                      •   Keterisian HDR >90%                   Kompleks
                                                                      •   Pernah memimpin Proyek/           •   Minimal menguasai 1 bahasa
                                           PERSYARATAN                                                          asing
                                                                          Event skala sedang
                                                                      •   Minimal menguasai 1 bahasa        •   Lulus screening test wawasan
                                  •   Diutamakan Kader                                                          kebangsaan level 3
                                                                          asing
                                  •   Diutamakan Nilai Kinerja > 80                                         •   Memahami Filosofi AGP, AGN
                                                                      •   Lulus screening test wawasan
                                  •   Pendidikan Min. S1                                                        & AGG
                                                                          kebangsaan level 2
                                  •   Masa kerja internal Min. 3                                            •   Program Kepemimpinan –
                                                                      •   Memahami Filosofi AGP, AGN
                                      tahun                                                                     Top Executive(Leadership,
                                                                          & AGG
                                  •   Sudah menjalani ToD Internal                                              Communication, Management)
                                                                      •   Program Pengembangan
                                  •   Keterisian HDR >90%                                                   •   Sertifikasi Keahlian sesuai
                                                                          Lanjutan(Leadership,
              STAFF               •   Lulus screening test wawasan                                              dengan bidangnya yang
                                                                          Communication, Management)
                                      kebangsaan level 1                                                        disyaratkan oleh Peraturan/
                                                                      •   Sertifikasi Keahlian sesuai
                                  •   Memahami Filosofi AGP, AGN                                                Undang-undang
                                                                          dengan bidangnya yang
          PERSYARATAN                 & AGG
                                                                          disyaratkan oleh Peraturan/
                                  •   Program Pengembangan
                                                                          Undang-undang
      • Pendidikan Min. S1            Dasar(Leadership,
      • Pengalaman kerja Min.         Communication, Management)
        2 tahun                   •   Sertifikasi Keahlian sesuai
      • Lulus screening test          dengan bidangnya yang
        wawasan kebangsaan            disyaratkan oleh Peraturan/
        level 1                       Undang-undang
      • Memahami Filosofi AGP,
        AGN & AGG
      • Program Pengembangan
        Dasar(Leadership,
        Communication,
        Management)




118       Laporan Tahunan Terintegrasi 2023
Page 121
                                                                                                           Integrating Excellence for Sustainability




                                       Demografi Kader Grup JIHD per 31 Desember 2022-2023




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
                                    JIHD Group Cadre Demographics as of December 31, 2022-2023
Jumlah kader di di Perseroan dan Entitas Anak tercatat 191 orang (2022:          The number of cadres in the Company and its subsidiaries is 191 people
195 orang), yang merupakan 7,3% dari keseluruhan kayawan Perseroan               (2022: 195 people), which constitutes 7.3% of the total 2,615 employees
dan Entitas Anak sebanyak 2.615 orang. Terdiri dari: 127 kader laki-             of the Company and its subsidiaries. Consists of: 127 male cadres and




                                                                                                                                                                     Performamnce Highlights
laki dan 64 kader perempuan. Sebagian besar kader, yaitu 121 kader               64 female cadres. Most of the cadres, namely 121 cadres are under 45




                                                                                                                                                                          Ikhtisar Kinerja
(63,4%) berusia di bawah 45 tahun (2022: 118 kader – 60,5%).                     years old (2022: 118 people - 60.5%).

Sebanyak 90 kader atau 47,1% berpendidikan Diploma 4, S1 dan Magister.           A total of 90 cadres or 47.1% have Diploma 4, S1 and Magister education.
Sisanya berpendidikan Diploma 1-3 sebanyak 60 kader (31,4%) dan SMA              The rest are educated with Diploma 1-3 as many as 60 cadres (31.4%)
sebanyak 41 kader (21,5%). Sebagian besar, yakni 156 kader (81,7%) telah         and SMA as many as 41 cadres (21.5%). Most of the 156 cadres (81.7%)
menduduki jabatan supervisor (75 kader – 39,3%) dan manajer (81 kader            have held the positions of supervisor (75 cadres - 39.3%) and manager
– 42,4%). Sedang yang masih sebagai staf sebanyak 31 kader (16,2%) dan           (81 cadres -42.4%), staff of 31 cadres (61.2%) and deputy director of 4
yang sudah mencapai posisi deputi direktur ada 4 kader (2,1%).                   cadres (2.1%).

Proses regenerasi telah mulai berjalan, sebanyak 3 (tiga) kader telah            The regeneration process has begun to run, as many as 3 (three)




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
dipercaya menjadi deputi direktur, yaitu seorang di Perseroan dan dua            cadres have been trusted to become deputy directors, namely one in
kader di Entitas Anak PT Danayasa Arthatama.                                     the Company and two cadres in the subsidiary PT Danayasa Arthatama.

                                                    2023                                                 2022
        Keterangan            Jumlah                              Entitas        Jumlah                                 Entitas          Description
                                            %         JIHD                                     %            JIHD
                               Total                               Entity         Total                                  Entity

 Jumlah Kader                        191      7,3          20           171            195       7,6               22        173        Number of cadres




                                                                                                                                                                     Profil Perusahaan
                                                                                                                                                                      Company Profile
 Jenis Kelamin                                                                                                                                   Gender

 Laki-Laki                           127    66,5             11         116            125      64,1               13         112                      Male

 Perempuan                           64     33,5             9          55              70     35,9                 9             61              Female

 Usia                                                                                                                                                  Age

 < 35 tahun                           70    36,6             6          64              77     39,5                10         67           < 35 years old




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
 36-45 tahun                         80     41,9             8          72              81     41,5                 8         73          36-45 years old




                                                                                                                                                                      Management Discussion and Analysis
 46-55 tahun                         40     20,9             6          34              36     18,5                 4         32          46-55 years old

 > 55 tahun                            1     0,5             0               1            1     0,5                0               1       > 55 years old

 Tingkat Pendidikan                                                                                                                    Educational Level

 Magister (S2)                        19     9,9             5              14          19       9,7                5             14       Post Graduate

 Sarjana (S1)                         70    36,6             11         59              74     37,9                13             61     Under Graduate

 Diploma 4                             1     0,5             0               1            4     2,0                0              4            Diploma 4

 Diploma 3                           32     16,8             2          30             20       10,3                1             19           Diploma 3

 Diploma 2                             4      2,1            0              4             4        2,1             0              4            Diploma 2

 Diploma 1                           24     12,6              1         23              28      14,4                1         27               Diploma 1




                                                                                                                                                                     Human Capital
                                                                                                                                                                     Human Capital
 SMA                                  41    21,5              1         40              46     23,6                 2         44       Senior High School

 Level Jabatan                                                                                                                             Position Level

 Staf                                 31    16,2             2          29              47      24,1                3         44                       Staff

 Supervisor                           75    39,3             7          68              66     33,8                 8         58              Supervisor

 Manajer                              81    42,4             10             71          79     40,5                10         69                Manager
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance




 Deputi Direktur                       4      2,1             1             3             3        1,5              1             2       Deputy Director
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




                                                                                                                   2023 Integrated Annual Report               119
Page 122
PT Jakarta International Hotels & Development Tbk




Rencana Pengembangan Human Capital 2024
Human Capital Development Plan for 2024

Di 2024, Perseroan bersama Entitas Anak akan tetap                                   In 2024, the Company and its subsidiaries will continue to improve
mengupayakan untuk terus meningkatkan pengembangan dan                               the development and management of human resources in a more
pengelolaan SDM yang lebih terencana, terstruktur dan akuntabel                      planned, structured and accountable manner to prepare and make
untuk mempersiapkan dan menjadikan human capital lebih:                              human capital more competent, professional and value-added for
kompeten, professional dan bernilai tambah bagi Perseroan.                           the Company. Employees are encouraged to work harmoniously as
Karyawan didorong untuk bekerja secara harmonis semaksimal                           much as possible according to their competencies and talents in
mungkin sesuai kompetensi dan talentanya di lingkungan kerja                         a conducive, accommodating, and competitive work environment.
yang kondusif, akomodatif dan kompetitif.
                                                                                     Improving employee capabilities through training in the form of
Peningkatan kapabilitas karyawan melalui pelatihan dalam bentuk                      seminars and workshops will be further sharpened and structured
seminar dan workshop akan lebih dipertajam dan disusun sesuai                        according to employee needs that are aligned to achieve better
kebutuhan karyawan yang diselaraskan untuk pencapaian kinerja                        Company performance.
Perseroan menjadi lebih baik.

Di 2024, terdapat penyempurnaan untuk program pelatihan                              In 2024, the JIHD Group's centralized cadre training program was
terpusat kader Grup JIHD agar lebih tepat sasaran dan terarah                        refined to be more targeted and purposeful by being made into 2
dengan dibuat menjadi 2 (dua) program berdasarkan level jabatan,                     (two) programs based on position level, namely: Future Manager
yaitu: Future Manager Development Program (FMDP) untuk level                         Development Program (FMDP) for staff and supervisor level and
staf dan supervisor dan Future Executive Development Program                         Future Executive Development Program (FEDP) for Manager and
(FEDP) untuk level Manajer dan deputi Direktur.                                      deputy Director level.

Sedang untuk non kader didorong agar Entitas Anak lebih aktif                        While for non-cadres, it is encouraged that the Subsidiaries are
menyusunnya berdasarkan training need analysis untuk dapat                           more active in arranging them based on training need analysis to
meningkatkan pengetahuan dan ketrampilannya sehingga dapat                           be able to improve their knowledge and skills so as to increase
meningkatkan produktivitas dan kinerjanya.                                           their productivity and performance.

Rencana Pelatihan Terpusat Karyawan Kader Grup JIHD 2024
JIHD Group Cadre Employee Centralized Training Plan 2024
  Kuartal/Bulan                                                             Tema                                                      Kerja Sama
  Quarter/Month                                                            Theme                                                      Cooperation
                                                                                                                               Kuartal I/First Quarter
      Januari         Moving from Worker to Manager and Building Trust & Respect.
      January
      Februari        Mengelola prioritas & Proses Bisnis.
                                                                                                                                      IPB Training
      February        Managing priorities & Business Processes.
      Maret           The Effect of Organizational Culture in Creating Organizational Development.
      March
                                                                                                                           Kuartal II/Second Quarter
      April           Berpikir Analitis, Sistematis dan Logis
      April
      Mei             Excellent Execution Strategy
                                                                                                                                        MSCO
      May
      Juni            Teknik Pendelegasian dan Supervisi
      June            Delegation and Supervision Techniques
                                                                                                                             Kuartal III/Third quarter
      Juli            Excellent Self Efficacy Training: Proaktif, Inisiatif dan Berorientasi terhadap Pencapaian Target
      July
      Agustus         Stress Management and Resiliency Training
                                                                                                                                        MSCO
      August
      September       Excellent Service: Melayani dengan Penuh Pesona
      September
                                                                                                                           Kuartal IV/Fourth Quarter
   Oktober           Improve Your Public Speaking: Express Your Perspective & Opinion
   October
   November          Handling Complain
                                                                                                                                        Mindset
   November
   Desember          Komunikasi tertulis
   December          Written communication
Catatan | Note: Dikoordinir oleh Departemen Human Capital Perseroan




120          Laporan Tahunan Terintegrasi 2023
Page 123
                                                                                                            Integrating Excellence for Sustainability




Program peningkatan kapabilitas karyawan untuk memperoleh                           'The employee capability improvement program to obtain




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
sertifikasi di 2024 akan diteruskan dan juga akan difasilitasi oleh                 certification in 2024 will be continued and will also be facilitated by
Perseroan bersama Entitas Anak. Ditargetkan realisasi sertifikasi                   the Company and its subsidiaries. It is targeted that the realization
karyawan Perseroan sebesar 100% dari ketentuan perundang-                           of the Company's employee certification is 100% of the statutory
undangan.                                                                           provisions.




                                                                                                                                                                     Performamnce Highlights
Key Performance Indicator (KPI) sebagai media penilaian kinerja                     Key Performance Indicator (KPI) as a medium for objective,




                                                                                                                                                                          Ikhtisar Kinerja
karyawan yang objektif, akuntabel dan komprehensif yang                             accountable and comprehensive employee performance
terhubung dengan sasaran dan target masing-masing entitas                           assessment that is linked to the goals and targets of each business
usaha sesuai dengan karakter industrinya masing-masing, akan                        entity in accordance with their respective industrial characteristics,
tetap digunakan dalam sistem penilaian kinerja berbasis balance                     will continue to be used in the balance scorecard (BSC) based
scorecard (BSC) secara utuh.                                                        performance assessment system as a whole.

Standarisasi pemindahan karyawan Grup JIHD (promosi, rotasi,                        Standardization of JIHD Group's employee transfers (promotion,
mutasi dan demosi) akan ditetapkan dan diberlakukan di Perseroan                    rotation, transfer and demotion) will be established and applied in




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
dan Entitas Anak.                                                                   the Company and its subsidiaries.

Lampiran-Lampiran
Attachments

Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - Perseroan 2023
Independent Training, Seminars, Workshops and Socialization - Company 2023




                                                                                                                                                                     Profil Perusahaan
                                                                                                                                                                      Company Profile
                                                                                                                              Karyawan
 Bulan        Tanggal          Pelatihan, Seminar, Workshop dan Sosialisasi            Jam                                    Employee
 Month         Date            Training, Seminar, Workshop and Socialization          Hours     Total       Laki-Laki       Perempuan    Kader       Non Kader
                                                                                                Total         Male            Femele     Cadre       Non Cadre
A. Non Sertifikasi| Non-Certification = 14                                                27
Jan       30-31         Perencanaan dan Pengelolaan Keuangan Pribadi                       4        61             38              23       22               39
                        Personal Finance Planning and Management




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
                                                                                                                                                                      Management Discussion and Analysis
Mar       3             Sosialisasi Penerapan & Penilaian Eco Warrior di Internal           1       25             15              10        10              15
                        JIHD
                        Socialization of Eco Warrior Implementation & Assessment
                        in JIHD Internal
Apr       17-18         Sharing Class Basic Hospitality                                    2        33                                       2               31
May       8             Sosialisasi Refreshment Prosedur Generik JIHD                      2        33             20               13       2               31
                        Socialization of JIHD Generic Procedure Refreshment
          10            Sosialisasi Implementasi Penggunaan Human Resources                 1
                        Information System (HRIS)
                        Socialization of Human Resources Information System
                        (HRIS) Implementation
Jul       28            Membangun Kebiasaan Berpikir Positif Menggunakan                   2        28             15               13       6               22
                        Metode WOOP
                        Building Positive Thinking Habits Using the WOOP Method
Agu       11            Dasar-Dasar P3K                                                    2        17              11              6        5               12




                                                                                                                                                                     Human Capital
Aug                     First Aid Basics




                                                                                                                                                                     Human Capital
Sep       22            Sosialisasi Penerapan P3K Dalam Lingkungan Kerja                   2        22             13               9        8               14
                        Socialization of First Aid Application in the Workplace
Okt       4             Sosialisasi Menghadapi Keadaan Darurat                             2
Oct                     Socialization of Facing Emergencies
          31            On Becoming Super Team (1)                                         2        25             14               11           7           18
Nov       22            Fire Safety: Learn How To Act Incase of An Emergency               2        24             14              10            7           17
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance



          30            Teamwork Communication                                             2        21             12               9        8               13
Des       22            How to Win Friends and Influence Others                           1,5       14             10                        4               10
          29            Develop Your Positive Image Through Social Media                  1.5       13              7               6        4                   9
B. Sertifikasi | Certification = 5                                                        27
Agu       1-3           Petugas P3K                                                       24            1               1           0            1               0
Aug                     First Aid Officer
          28-30         Petugas Peran Kebakaran (Kelas D)                                 24            1               1           0        0                   1
                        Fire Role Officer (Class D)
Okt       26-27, 30     Staf (administrasi) Sumber Daya Manusia                           24            1               1           0            1               0
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




Oct                     Staff (administration) Human Resources
          31 (Nov 9)    Manajer Sumber Daya Manusia                                       16            1           0                1           1               0
                        Human Resources Manager
Nov       6-8           Petugas Peran Kebakaran (Kelas D)                                 24            1               1           0        0                   1
                        Fire Role Officer (Class D)
Jumlah | Total = 19                                                                      139
Catatan |Note: Dikoordinir oleh Departemen Human Capital dan Departemen Kepatuhan | Coordinated by the Human Capital Department and Compliance
Department



                                                                                                                    2023 Integrated Annual Report            121
Page 124
PT Jakarta International Hotels & Development Tbk




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Danayasa Arthatama 2023
Independent Training, Seminar, Workshop and Socialization - PT Danayasa Arthatama 2023
                                                                                                                           Karyawan
 Bulan        Tanggal          Pelatihan, Seminar, Workshop dan Sosialisasi           Jam                                  Employee
 Month         Date            Training, Seminar, Workshop and Socialization         Hours   Total       Laki-Laki       Perempuan    Kader       Non Kader
                                                                                             Total         Male            Femele     Cadre       Non Cadre
A. Non Sertifikasi| Non-Certification = 18                                           210,5
Jan       31            Microsoft Excel Basic                                            8       19             10               9            1           18
Feb       4             Pekerja Sehat, Selamat, Produktif dan Berbudaya K3 untuk         2           1               1           0        0                   1
                        Mendukung Keberlangsungan Usaha
                        Healthy, safe, productive and K3-cultured workers to
                        support business continuity
Apr       6             Bimbingan Teknis Ahli K3 Berbasis Kompetensi, Tantangan          2           1               1           0        0                   1
                        Ahli K3 dalam Penerapan Program Kerja K3 di Perusahaan
                        Technical Guidance for Competency-Based OHS Experts,
                        Challenges for OHS Experts in Implementing OHS Work
                        Programs in Companies
Mei       23-26         Human Resources Management                                      32           1           0                1       0                   1
May                     Presentation Skills with Powerpoint
          29-30                                                                         16      20               8              12        0               20
Jul       13            Architect Meet & Talk: Smart Living Design di Mata             5,5           2           2               0        0                   2
                        pengembang dan Arsitek.
          14            Pajak atas Natura                                                2           1           0                1           1               0
Agu       21-22         Corporate Secretary Berbasis Good Corporate                     16           2           0               2            1               1
Aug                     Governance
          24            Pengenaan Pajak Penghasilan (PPh) dan Bea Perolehan              2           5           2               3        2                   3
                        Hak Atas Tanah dan Bangunan (BPHTB) dalam Perjanjian
                        Pengikatan Jual Beli (PPJB) Tanah dan Bangunan
                        Imposition of Income Tax (PPh) and Fees on Acquisition of
                        Land and Building Rights (BPHTB) in Land and Building Sale
                        and Purchase Agreement (PPJB)
          30-31         Presentation Skills with Powerpoint                             16           7           5               2        0                   7
Sep       12            Sistem Manajemen Keselamatan Ketenagalistrikan                   2           5           4                1       0                   5
                        Electricity Safety Management System
Okt       14            Artificial Intelligence Driven Road Assets Management            2           1               1           0        0                   1
Oct                     CTBUH 2023 International Confrence
          16-19                                                                         24           4           3                1       3                   1
          24            Legal Due Diligence                                              8           2               1            1       0                   2
          27            Membangun Learning Culture yang Baik dalam Organisasi            4           1           0                1       0                   1
                        Building a Good Learning Culture in Organizations
Nov       1-3           Work Load Analysis                                               9           1               1           0            1               0
          4, 11, 18, 28 Pelatihan Dasar P3K (1)                                         32       79             58              21        4               75
                        Basic First Aid Training (1)
          28-30         Competency Based Interview                                      12           1           0                1       0                   1
Des       2, 9          Pelatihan Dasar P3K (2)                                         16       37             31               6        5               32
                        Basic First Aid Training (2)
B. Sertifikasi | Certification = 5                                                     120
Nov       1-3           Pelatihan dan Sertifikasi Petugas P3K                           24           1               1           0        0                   1
                        First Aid Officer Training and Certification
          28-30         Pelatihan dan Sertifikasi Ahli K3 Umum                          96           2           2               0        0                   2
                        General OHS Expert Training and Certification
Jumlah | Total = 21                                                                  330,5




122      Laporan Tahunan Terintegrasi 2023
Page 125
                                                                                                             Integrating Excellence for Sustainability




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT First Jakarta International 2023




                                                                                                                                                                              Prologue
Independent Training, Seminar, Workshop and Socialization - PT First Jakarta International 2023




                                                                                                                                                                               Prolog
                                                                                                                                     Karyawan
                                                                                                                                     Employee
 Bulan           Tanggal              Pelatihan, Seminar, Workshop dan Sosialisasi          Jam
                                                                                                                       La-




                                                                                                                                                                              Performamnce Highlights
 Month            Date                Training, Seminar, Workshop and Socialization        Hours         Total                    Perempuan       Kader       Non Kader
                                                                                                                     ki-Laki
                                                                                                         Total                      Femele        Cadre       Non Cadre




                                                                                                                                                                                   Ikhtisar Kinerja
                                                                                                                      Male

Jan       4                    Peraturan Undang-Undang Ketenagakerjaan                           3           8            4               4          4                4
                               Labor Law Regulation

Feb       24, 28               Sistem Genset Gedung BEI                                          3         30           30               0           5               25
                               IDX Building Generator System

Apr       13, 16               Sistem Plumbing Gedung BEI                                        3         35           35               0           5               30
                               IDX Building Plumbing System




                                                                                                                                                                              Laporan Manajemen
                                                                                                                                                                              Management Report
          28                   Pelatihan Peningkatan Kinerja                                     3          14           14              0           0               14
                               Performance Improvement Training

Mei       4, 5                 Sistem VAC Gedung BEI                                             3         40           40               0           5               35
                               IDX Building VAC System

          16, 19               Sistem Electrical Gedung                                          3         26           26               0           5               21
                               Building Electrical System

Jun       22, 26               Sistem Elevator dan Escalator                                     3         59           59               0           5               54




                                                                                                                                                                              Profil Perusahaan
                               Elevator and Escalator System




                                                                                                                                                                               Company Profile
Jul       2, 17                Sistem Keamanan dan Kebakaran Gedung                              3         48           48               0           5               43
                               Building Security and Fire Systems

Okt       14, 18               Sistem STP &Teknis Sanitasi                                       3         44           44               0           5               39
                               STP & Technical Sanitation System

          18                   Tata Cara Pembuatan Laporan Harian                                3           9            8               1          0                9
                               Daily Report Procedure




                                                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                                                               Management Discussion and Analysis
          27, 29               Tata Cara Pengoperasian Chiler                                    3          15           15              0           5               10
                               Chiler Operation Procedure

Des       6, 13, 20, 27        Evaluasi Temuan dan Tindakan                                      4         66           60               6           3               63
                               Evaluation of Findings and Actions

          23                   Pelatihan Prosedur Perawatan Taman                                3          15           12               3          0               15
                               Park Maintenance Procedure Training

Jumlah |Total = 13                                                                         40


Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Artha Telekomindo 2023
Independent Training, Seminar, Workshop and Socialization - PT Artha Telekomindo 2023
                                                                                                                                     Karyawan
                                                                                                                                     Employee
 Bulan        Tanggal              Pelatihan, Seminar, Workshop dan Sosialisasi             Jam




                                                                                                                                                                              Human Capital
                                                                                                                       La-




                                                                                                                                                                              Human Capital
 Month         Date                Training, Seminar, Workshop and Socialization           Hours         Total                    Perempuan       Kader       Non Kader
                                                                                                                     ki-Laki
                                                                                                         Total                      Femele        Cadre       Non Cadre
                                                                                                                      Male
A. Non Sertifikasi| Non-Certification = 76                                                      369
Jan       10               Enhance Business Through Document Management System                    2          19            6              13              1           18
          11               Membedah Peraturan Pemerintah No. 55 Tahun 2022                      4,5              4            1           3           0               4
                           In depth discussion of Government Regulation no. 55 of 2022
                                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                                               Corporate Governance



          16               IT Security terkait Product PayShield 10K                              4          6             5                  1           1           5
                           IT Security related to Product PayShield 10K
                           (2) 6 Nov – HSM PayShield 10K                                          6          8             4              4               1               7
          18               Tatacara Pengisian Pelaporan Kepesertaan pada Edabu versi 7.1             1       3                1           2           3               0
                           BPJS Kesehatan
          19               How HR Increases Productivity in a More Efficient Way                  4          2                1               1       0               2
          21               Having Confident and Positive Habits                                   4          3                1           2               1           2
          23               Investing in Your Employee's Ability                                 2,5          2                1               1           1               1
          26-27            Modul Dasar-Dasar Cisco                                                4         28           28               0           0              28
                                                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                                                               Sustainability Report




          31               Strategi Data Center                                                   4          4             2              2           0               4
                           (2) 22 Mei - Peran Dukungan Bagian Jaringan dan Sipil bagi             4         23           20               3               1          22
                           Operasional Data Center
                           (3) 25 Mei - Peran Dukungan Mekanikal dan Elektrikal bagi              3         24            13              11          0              24
                           Operasional Data Center
                           (4) 27 Jun – Data Center Operation Overview                            3          5             3              2           0               5
                           (5) 14 Jul – Pengenalan Dasar Data Center                              2          2                1            1              1               1
                           (6) 7-8 Agu - Certified Data Center Professional                      12         56           38              18           0              56



                                                                                                                        2023 Integrated Annual Report               123
Page 126
PT Jakarta International Hotels & Development Tbk




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Artha Telekomindo 2023
Independent Training, Seminar, Workshop and Socialization - PT Artha Telekomindo 2023
                                                                                                                        Karyawan
                                                                                                                        Employee
 Bulan        Tanggal            Pelatihan, Seminar, Workshop dan Sosialisasi           Jam
 Month         Date              Training, Seminar, Workshop and Socialization         Hours                 La-
                                                                                               Total                 Perempuan     Kader       Non Kader
                                                                                                           ki-Laki
                                                                                               Total                   Femele      Cadre       Non Cadre
                                                                                                            Male
Feb       11            Pelatihan K3: Incident Investigation.                              2           1         1           0         0                   1
          13            Pengenalan Produk HSI                                              2       17           11           6         3               14
          14-17         Human Resources Management                                        12           1         1           0             1           0
          15            Pengenalan dan Pengisian Aplikasi CRMS                             3       3             1           2         0               3
          23-28         Workplace Attitude, Violance & Harassment.                        30      191          151          40        28              163
Mar       9             Pembinaan Penyusunan Struktur dan Skala Upah                       7           1        0             1            1           0
          10            Digital Marketing Awareness                                        4       6             4           2             1           5
                        Product Update HSM Protect Server External                         2       4             3            1        0               4
          14            Pembahasan CRM, Quotation, Work Order, Billing, Invoice dan        7       31          23            8         6              25
                        Collection
          15            Pembahasan survey, pengelolaan Work Order, Helpdesk dan            7       21           18           3         2               19
                        Ticketing
          16            Pembahasan Jurnal-Jurnal dan Laporan                               7       10            6           4         2               8
                        POC Data Center Interconnection dengan Huawei                      4       12           12           0         5               7
          17            Microsoft Excel Beginner to Advanced                               4       16           11           5             1           15
                        Pengenalan Produk Netmonk dari Telkom                              2       10           10           0         4               6
          30            Pembahasan Flou Cloud (Telkom).                                    1       10           10           0         4               6
Apr       17-18         Implementasi Undang-Undang Cipta Kerja Klaster                    12       3             1           2             1           2
                        Ketenagakerjaan
Mei       10            Membedah Klaster Pajak di Undang-Undang Cipta Kerja                3      25           20            5             1          24
          12            Membangun Komunikasi Lintas Generasi                               2       8             2           6         0               8
          22            Memperkuat Ketahanan Nasional Di Industri Jasa Keuangan            3       18           12           6         0               18
                        Brand Activation: Strategi Merk Makin Dekat dan Lekat Dengan       1     104           84           20             1          103
                        Pelanggan
          26            IT Security Technology Update                                      3       19           17           2         16              3
Jun       7             Perencanaan Keuangan                                               3      79           72            7         2              77
          15            Pengenalan Teknologi Smart Cooling                                 2       9             5           4         4               5
          21-23         Workload Analysis                                                  9       31          26            5         3              28
                        (2) 8 Agu - Workload Analysis untuk Tim Network                    3       51          48            3             1          50
          22            Leading Across Generations                                         8       2            2            0         0               2
Jul       5             Mencermati Penegakan Hukum dari Kasus Pidana Pajak saat            3           1        0            1         0                   1
                        Gelar Perkara Khusus di Polda Metro Jaya
          7             How to Influence Culture Change in Organization                    3      35           28            7         2              33
          11            Countering Organized Crime with Osint                              1       2             1           1         0               2
          12            Kupas Tuntas Peraturan Menteri Keuangan No. 66/2023                3       15           6            9         0               15
                        tentang Perlakuan PPH atas Imbalan Natura/Kenikmatan
                        (2) 3 Agu - Sharing: Peraturan Menteri Keuangan No. 66/2023        2       18           16           2             1           17
          13            AWS Builders Online                                                3      36           33            3         16             20
          21            Pemahaman Operasional dalam Data Center                            2       2            2            0         0               2
          24            Parenting: Pola Asuh Membentuk Karakter Positif Pada Anak          1           1         1           0         0                   1
          25            Optimalisasi Digital Marketing Untuk Meningkatkan Bisnis           2           1         1           0         0                   1
          27            Keahlian Menjadi Generasi yang Siap Menghadapi Industri 5.0        2       4             4           0         0               4
          29            V.2 Series IOT for Societal Good                                   4      26            13          13         0              26
Agu       12            Otak dan Perkembangan Sikap Belajar Anak: Konsentrasi,             2       5            2            3         0               5
                        Atensi dan Motivasi
          15            Aspek Pajak Atas Usaha Penyelenggaraan Telekomunikasi dan          4       6            6            0         0               6
                        Royalti
          21            Menjadi Orang Tua Hebat di Era Milenial                            1      101          85           16         2              99
          25            Competency Model in Supporting Performance Culture                 2      26            13          13             1          25
                        Talent Identification & Development                                3      22            14           8         3               19
          26            Lawan Polusi dengan Solusi                                         2       5             4           1         0               5
                        Effective Brand Communication                                      2       12           12           0             1           11
          31            A Way to Deal with Difficult Situations at Work                    2      48           39            9         2              46




124      Laporan Tahunan Terintegrasi 2023
Page 127
                                                                                                 Integrating Excellence for Sustainability




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Artha Telekomindo 2023
Independent Training, Seminar, Workshop and Socialization - PT Artha Telekomindo 2023




                                                                                                                                                             Prologue
                                                                                                                                                              Prolog
                                                                                                                      Karyawan
                                                                                                                      Employee
 Bulan         Tanggal               Pelatihan, Seminar, Workshop dan Sosialisasi     Jam
 Month          Date                 Training, Seminar, Workshop and Socialization   Hours                 La-
                                                                                             Total                 Perempuan     Kader       Non Kader




                                                                                                                                                             Performamnce Highlights
                                                                                                         ki-Laki
                                                                                             Total                   Femele      Cadre       Non Cadre
                                                                                                          Male




                                                                                                                                                                  Ikhtisar Kinerja
Sep        9             Fire Suppression System                                         8       13           11           2         2               11
          12-15          Designing and Assessing Competency                             12           1         1           0             1           0
          14             Identity & Access Management Thales                             3       21           17           4         15              6
          15             Fundamentals of Ethical Hacking and Penetration Testing         1           1         1           0             1           0
          19             Integrate to Innovate: Embracing The Power of Platform          3     189          158            31        4              185
                         Integration
          20/27          Kenalan Saham                                                   4       19           15           4             1           18




                                                                                                                                                             Laporan Manajemen
                                                                                                                                                             Management Report
          27             Pembahasan Workload Analysis                                    2       10            6           4         0               10
          29             Elevate our Knowledge                                           2       10            6           4         0               10
Okt       5              Peran AI dalam Perkembangan Teknologi                           2       10            6           4         0               10
          17             Digital Marketing Activation Framework: Membangun Action        2           1         1           0         0                   1
                         Plan untuk Keberhasilan Bisnis
          18             Building your MSSP Offering with Kaspersky's Cutting Edge       1       19           16           3         7               12
                         Solutions




                                                                                                                                                             Profil Perusahaan
                                                                                                                                                              Company Profile
          19             Memahami dan Mengimplementasikan Arsitektur Zero Trust          2     225          187           38         13             212
                         Menurut Pedoman NIST
          31             Manfaat Literasi untuk Tumbuh Kembang Anak                      3       16            6          10         0               16
Nov       1              Evaluasi Pengisian Analisa Beban Kerja (WLA)                    1       2             2           0         2               0
          3              CipherTrust Data Protection (1)                                 2       2             2           0         2               0
                         (2) 29 Des                                                      2      66           54           12         11             55
          7-8            Awareness ISO Integrasi: 9001, 14001, 45001 dan 2700           14      53           43           10         15             38




                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                              Management Discussion and Analysis
          10             How to Influence People                                         3       12            6           6         0               12
          16             Depresi Pasca Melahirkan, Kenali dan Tan gani Segera            2       3             2            1        0               3
          17             Product Knowledge MS - Cloud Computing (1)                      2       2             2           0         2               0
                         (2) 12 Des                                                      2       2             1            1        2               0
          28             The Intersection of ESG and GCG                                 3      42           29           13         2              40
          29             Product Knowledge MS - SDWAN (1)                                3       6             4           2         0               6
                         (2) 20 Des                                                      3       21           19           2         16              5
          30             Service Excellence for Customer Care and Sales (1)              8      23            21           2         0              23
                         (2) 4 Des                                                       8      64           43           21         0              64
                         (3) 7 Des                                                       8           1         1           0             1           0
Des       4              Certified IT Infrastructure Library Foundation 4               21           1         1           0         0                   1
Dec
          6              Manajemen PPh Badan 2023                                        3           1         1           0             1           0




                                                                                                                                                             Human Capital
                                                                                                                                                             Human Capital
          13             Perlindungan Data Pribadi                                       8     132          104           28         7             125
          13-15          Certified Threat Intelligence Analyst (CTIA)                   21       15           9            6         3               12
          14             Managing Customer Relation.                                     8       2             1            1        0               2
          16             Strategi Cerdas Kelola Talenta dan Keuangan                     4       5             3           2         0               5
                         Training UPS                                                    7           1         1           0         0                   1
                                                                                                                                                             Tata Kelola Perusahaan


          28             Training of Trainer                                             8      42           38            4             1           41
                                                                                                                                                              Corporate Governance




B. Sertifikasi | Certification = 3                                                      54
Agu       7-8            Data Center Professional                                       12      56           38           18         0              56
Aug
Des       4-6            IT Infrastructure Library Foundation 4                         21           1         1           0         0                   1
Dec
          13-15          Threat Intelligence Analyst (CTIA)                             21       15           9            6         3               12
Jumlah |Total = 82                                                                     433
                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                              Sustainability Report




                                                                                                            2023 Integrated Annual Report          125
Page 128
PT Jakarta International Hotels & Development Tbk




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Pacific Place Jakarta 2023
Independent Training, Seminar, Workshop and Socialization - PT Pacific Place Jakarta 2023
                                                                                                                         Karyawan
                                                                                                                         Employee
 Bulan           Tanggal             Pelatihan, Seminar, Workshop dan Sosialisasi     Jam
 Month            Date               Training, Seminar, Workshop and Socialization   Hours                Laki-La-
                                                                                              Total                    Perempuan      Kader      Non Kader
                                                                                                             ki
                                                                                              Total                      Femele       Cadre      Non Cadre
                                                                                                           Male
A. Non Sertifikasi| Non-Certification = 13                                              75
Mar       21                    Handling Customer Complain                              3        7            5               2         0               7
Apr       18-19                 World Class Service (1)                                 8       10            6               4         0              10
                                (2) 11-12 Jul                                           8       10             4              6         0              10
                                (3) 24-25 Okt                                           8       19            11              8         0              19
Mei       4                     K3LH (1)                                                2        8            5               3         0               8
May
                                (2) 18 Jul                                              3        9             3              6         0               9
                                (3) 10 Okt                                              3       20            11              9         0             20
          29-31                 Industrial Relations – Conflic Resolution (1)           8         1            1              0         0               1
                                (2) 2-3 Agu                                             8         1            1              0         0               1
Jul       20                    Assertive Communication (1)                             2       12             7              5         0              12
                                (2) 12 Okt                                              2       16            11              5         0              16
Agu       15                    Creative Thinking (1)                                   2       16            10              6         0              16
Aug
                                (2) 23 Nov                                              2       13            9               4         0              13
          16, 23, 30            Sexual Harasment Knowledge                              2       60           45              15          7             53
          29                    Adaptive (1)                                            2       13            9               4         0              13
                                (2) 9 Nov                                               2       12            9               3         0              12
Sep       5                     Power of Word                                           2       15            9               6         0              15
          12                    Time Management                                         2       15             7              8         0              15
          27                    People Generation Change                                2       20            16              4         0             20
Okt       31                    Emotional Intelligence                                  2       15            11              4         0              15
Oct
Des       20, 21, 27, 28        Decision Making: Mindtraps                              2       57           32              25         0              57
Dec
B. Sertifikasi | Certification = 5                                                     144
Feb       20-24                 Professional Trainer                                    40            1            0              1          1              0
Mar       7-10                  Manajer Sumber Daya Manusia                             32            1            0              1          1              0
                                Human Resources Manager
Mei       23-25                 Petugas P3K                                             24            3            3              0          0              3
May                             First Aid Officer
Jul       17-20                 Operator K3 Motor Diesel Kelas 1                        32            1            1              0          0               1
                                Diesel Motor K3 Operator Class 1
          30-31                 Pengelolaan Limbah Bahan Berbahaya dan Beracun           16           1            1              0          0               1
                                Hazardous and Toxic Waste Management
Jumlah |Total = 18                                                                     219




126      Laporan Tahunan Terintegrasi 2023
Page 129
                                                                                                  Integrating Excellence for Sustainability




Pelatihan, Seminar, Workshop dan Sosialisasi Secara Mandiri - PT Adinusa Puripratama 2023




                                                                                                                                                                 Prologue
Independent Training, Seminar, Workshop and Socialization - PT Adinusa Puripratama 2023




                                                                                                                                                                  Prolog
                                                                                                                         Karyawan
                                                                                                                         Employee
Bulan           Tanggal              Pelatihan, Seminar, Workshop dan Sosialisasi     Jam
                                                                                                          Laki-La-




                                                                                                                                                                 Performamnce Highlights
Month            Date                Training, Seminar, Workshop and Socialization   Hours    Total                    Perempuan      Kader      Non Kader
                                                                                                             ki
                                                                                              Total                      Femele       Cadre      Non Cadre




                                                                                                                                                                      Ikhtisar Kinerja
                                                                                                           Male
A. Non Sertifikasi| Non-Certification = 10                                             67,5
Jan       27                    Product Knowledge Sharing of Revenue Tower              2       24            18              6          4             20
                                Sharing Microsoft Office Excel Basic                    2       17            14              3         2              15
Mar       23-28                 General K3 Expert Training Refreshment                 40         1           0               1         0               1
Mei       30                    Increased Competence of K3 Experts                      7         1           0               1         0               1
                                Elevator Evacuation




                                                                                                                                                                 Laporan Manajemen
Jul       15                                                                            4        9             7              2          1              8




                                                                                                                                                                 Management Report
          29                    General Alarm Test                                      4       15            11              4         2              13
Sep       29                    Excellence Service to Increase Revenue                  3         1           0               1         0               1
Okt       7                     VMDP Revenue Tower System                              1,5       6            6               0          1              5
          10                    Trouble Chiller Emergency Management                    2        5            5               0          1              4
Nov       22                    Coaching a Unique Approach to Developing Unique         2         1           0               1         0               1
                                Talent in Organizations
B. Sertifikasi | Certification = 3                                                     100




                                                                                                                                                                 Profil Perusahaan
                                                                                                                                                                  Company Profile
Jun       12-14                 P3K Officer                                              24           1            1              0          1              0
Agu       1-3                   P3K Officer                                              24           1            0              1          0               1
Okt       16-23                 K3 Electrical Technician                                 52           1            1              0          0               1
Jumlah |Total = 13                                                                    167,5




                                                                                                                                                                 Analisis dan Pembahasan Manajemen
                                                                                                                                                                  Management Discussion and Analysis
                                                                                                                                                                 Human Capital
                                                                                                                                                                 Human Capital
                                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                                  Corporate Governance
                                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                                  Sustainability Report




                                                                                                             2023 Integrated Annual Report             127
Page 130
PT Jakarta International Hotels & Development Tbk




128   Laporan Tahunan Terintegrasi 2023
Page 131
                                               Integrating Excellence for Sustainability



                                     Tata Kelola
                                    Perusahaan




                                                                                               Prologue
                                                                                                Prolog
                      Corporate Governance




                                                                                               Performamnce Highlights
                                                                                                    Ikhtisar Kinerja
Tata Kelola Perusahaan                   130      Kode Etik                             205
Corporate Governance                              Code of Conduct




                                                                                               Laporan Manajemen
                                                                                               Management Report
Ruang Lingkup GCG Perseroan              131      Program Kepemilikan Saham              207
Scope of the Company’s GCG                        Stock Ownership Program
Pedoman dan Kebijakan                    131      Kebijakan Anti Korupsi                208
Guidelines and Policies                           Anti Corruption Policy
Prinsip                                  132      Sistem Pelaporan Pelanggaran           210
Principles                                        Whistleblowing System
Struktur                                 132      Transparansi Tata Kelola Tidak Baik    212




                                                                                               Profil Perusahaan
Structure                                         Transparency of Bad Governance




                                                                                                Company Profile
                                                  Practises
Peta Jalan                               134
Roadmap                                           Akses Informasi dan Data               214
                                                  Perusahaan
Rapat Umum Pemegang Saham                134
                                                  Access to Company Information and
General Meeting of Shareholders
                                                  Data
Direksi                                  147
                                                  Penerapan Atas Pedoman Tata            216
Board of Directors
                                                  Kelola Perusahaan Terbuka




                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                Management Discussion and Analysis
Dewan Komisaris                          157      Implementation on Corporate
Board of Commissioners                            Governance Guidelines for Public
Informasi Hubungan Dewan                 164      Companies
Komisaris dan Direksi
Information of the Relationship of the
Board of Commissioners
and Directors
Penilaian Kinerja Terhadap Dewan         170
Komisaris dan Direksi
Performance Assessment of the
Board of Commissioners and Board
of Directors
Remunerasi Dewan Komisaris dan           172
Direksi




                                                                                               Human Capital
                                                                                               Human Capital
Remuneration for The Board of
Commissioners and The Board of
Directors
Komite Audit                             175
Audit Committee
Komite Nominasi dan Remunerasi           181
                                                                                               Tata Kelola Perusahaan

Nomination and Remuneration
                                                                                                Corporate Governance




Committee
Sekretaris Perusahaan                    183
Corporate Secretary
Unit Audit Internal                      190
Internal Audit Unit
Akuntan Publik dan Audit Eksternal       195
Public Accountant and External Audit
Sistem Pengendalian Internal             197
                                                                                               Laporan Keberlanjutan




Internal Control System
                                                                                                Sustainability Report




Sistem Manajemen Risiko                  200
Risk Management System
Permasalahan Hukum                       204
Legal Cases




                                                     2023 Integrated Annual Report      129
The Langham Jakarta
Page 132
PT Jakarta International Hotels & Development Tbk




Tata Kelola Perusahaan
Corporate Governance

Salah satu kunci keberhasilan pengelolaan bisnis Perseroan adalah               One of the key success to manage the Company’s business is
melalui penerapan Tata Kelola Perusahaan yang baik atau Good                    through the implementation of Good Corporate Governance (GCG).
Corporate Governance (GCG). Penerapan GCG saat ini tidak                        The current GCG implementation is not merely to comply with the
hanya sebagai pemenuhan kewajiban saja, namun telah menjadi                     obligation, but has become a requirement in carrying out business
kebutuhan dalam menjalankan kegiatan bisnis berlandaskan visi                   activities based on the vision and mission, ethically in accordance
dan misi, beretika sesuai dengan nilai budaya Perseroan agar                    with the Company’s cultural values in order to grow sustainably.
mampu tumbuh secara berkelanjutan.

Dalam komitmen penerapan GCG sangat ditekankan                                  The commitment to implement GCG is highly emphasized on
mengedepankan pada kepatuhan terhadap seluruh peraturan                         the compliance to all applicable laws and regulations, as well
perundang-undangan yang berlaku, serta terus meningkatkan                       as increasing the quality of disclosure and reports related
kualitas keterbukaan dan laporan berkaitan aktivitas operasional                to operational activities being submitted to regulators and
yang disampaikan kepada regulator dan pemangku kepentingan.                     stakeholders.

Upaya penerapan GCG dijalankan di seluruh kegiatan operasional                  The GCG implementation is carried out in all operational activities
dan mencakup seluruh level manajemen Perseroan dan Entitas                      and covers all levels of management of the Company and
Anak. Penerapan GCG senantiasa diiringi dengan upaya perbaikan                  its Subsidiaries. The implementation of GCG is always being
secara berkesinambungan sehingga praktiknya dapat tetap                         accompanied by the efforts to continuously improve so that the
selaras dengan peraturan perundang-undangan yang berlaku,                       practice will remain in line with the applicable laws and regulations,
serta praktik-praktik terbaik GCG yang berlaku nasional maupun                  as well as the best GCG practices that are applicable nationally or
internasional.                                                                  internationally.

Tujuan penerapan dan pengembangan GCG di seluruh jenjang                        The purpose of GCG implementation and development in all
kegiatan Perseroan adalah untuk:                                                stages of the Company’s activities are to:




                                                                      03
                                                                      Meningkatkan
                                                                    transparansi dan
                                                                   mengembangkan

                                         02                       proses pengambilan
                                                                keputusan berdasarkan
                                                                  nilai-nilai etika yang
                                                                   kuat, dan ketaatan
                                       Mengurus dan
                                                                  terhadap peraturan


                                                                                                   04
                                   mengelola Perseroan
                                                                 perundang-undangan
                                     secara profesional
                                                                      yang berlaku;
                                  dan independen untuk
                                    lebih meningkatkan
                                                                Increasing transparency
                                         bobot nilai
                                                                    and developing           Mencapai pertumbuhan
                                   pertanggungjawaban
                                                                    decision-making              dan imbal hasil
                                     kepada Pemangku
                                                                  processes based on             yang maksimal
                                       Kepentingan;


               01
                                                                     strong ethical            untuk meningkatkan
                                                                values, and compliance        pendapatan dan nilai
                                  Managing the Company
                                                                  with applicable laws       tambah Perseroan; dan
                                   in a professional and
                                                                    and regulations;
                                   independent manner
            Memaksimalkan         to further increase the                                       Achieving maximum
            nilai-nilai budaya    value of accountability                                      growth and returns to


                                                                                                                             05
          melalui peningkatan       to the Stakeholders;                                     increase the Company's
         implementasi prinsip-                                                                  revenue and added
         prinsip GCG di seluruh                                                                        value;
          kegiatan Perseroan;
                   dan;                                                                                                      Mengelola
                                                                                                                       pengembangan sumber
              Maximizing the                                                                                           daya Perseroan secara
           Company's cultural                                                                                              lebih amanat.
          values by improving
          the implementation                                                                                               Managing the
          of GCG principles in                                                                                           development of the
          all of the Company's                                                                                          Company's resources
                 activities;                                                                                             more accountably.




                                                                TUJUAN PENERAPAN
                                                            PURPOSE OF IMPLEMENTATION




130    Laporan Tahunan Terintegrasi 2023
Page 133
                                                                                     Integrating Excellence for Sustainability




Ruang Lingkup GCG Perseroan




                                                                                                                                         Prologue
                                                                                                                                          Prolog
Scope of the Company’s GCG




                                                                                                                                         Performamnce Highlights
                                                                                                                                              Ikhtisar Kinerja
                                              Ruang Lingkup GCG Perseroan
                                               Scope of the Company's GCG

                                                           Perseroan
                                                          The Company




                                                                                                                                         Laporan Manajemen
                                                                                                                                         Management Report
                                                                                           Regulator
                                                                                           Regulators
                                   Entitas Induk dan
            Pemegang Saham         Kelompok Usaha
              Shareholders         Parent Entity and                         Regulator                      Pelanggan




                                                                                                                                         Profil Perusahaan
                                                                                                                                          Company Profile
                                    Business Group                           Regulators                     Customers




                                                                             Organisasi
                                                                            Organization                    Mitra Kerja/
           Direksi & Dewan                                                                              Rekanan/Pemasok/
              Komisaris                                                                                       Vendor
                                      Karyawan
           Board of Director




                                                                                                                                         Analisis dan Pembahasan Manajemen
                                      Employees                                                          Business Partners/




                                                                                                                                          Management Discussion and Analysis
              & Board of                                                                                 Suppliers/Vendors
            Commissioners                                                Publik/Masyarakat
                                                                         Public/Community




Pedoman dan Kebijakan
Guidelines and Policies


                                                                                                                                         Human Capital
                                                                                                                                         Human Capital
Pedoman GCG Perseroan disusun dengan mengadopsi standar          The Company’s GCG Guidelines are compiled by adopting the best
terbaik yang berlaku di Indonesia seperti Roadmap Tata Kelola    standards that are applicable in Indonesia, such as the Indonesian
Perusahaan Indonesia yang diterbitkan Otoritas Jasa Keuangan     Corporate Governance Roadmap issued by the Financial Services
(OJK) pada Januari 2014, Pedoman Umum Governansi Korporat        Authority (OJK) on January 2014, the Indonesian Corporate
Indonesia 2021 yang diterbitkan Komite Nasional Kebijakan        Governance General Guidelines 2021 issued by the National
Governansi (KNKG) pada Desember 2021, serta ASEAN Corporate      Governance Guidelines Committee (KNKG) on December 2021,
                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                          Corporate Governance




Governance Scorecard (ACGS) revisi Oktober 2023 yang             as well as the ASEAN Corporate Governance Scorecard (ACGS)
diterbitkan oleh ASEAN Capital Market Forum.                     revised on October 2023 issued by ASEAN Capital Market Forum.

Sementara untuk penerapannya, juga mengacu pada beberapa         The implementation also refers to some formal regulations as seen
aturan formal yang dapat dilihat pada setiap pembahasan organ    in every corporate governance organ section of this Integrated
tata kelola perusahaan di Laporan Tahunan Terintegrasi ini.      Annual Report.

Kebijakan-kebijakan Tata Kelola Perusahaan (TKP) menjadi         The Corporate Governance Policies (TKP) is the Company’s main
induk kebijakan Perseroan yang berisi himpunan pedoman-          policy which contain a set of basic guidelines for a holistic and
pedoman pokok pengelolaan perusahaan yang bersifat holistik      integrated company management in accordance with the GCG
                                                                                                                                         Laporan Keberlanjutan
                                                                                                                                          Sustainability Report




dan terintegrasi sesuai prinsip-prinsip GCG yang mengacu pada    principles that refers to the prevailing laws and regulations as well
ketentuan peraturan perundang-undangan yang berlaku dan          as the best practices. TKP is always being used by the Company
praktik-praktik terbaik. TKP senantiasa dijadikan standar dan    as a standard and guideline in making regulations, decisions or
pedoman dasar oleh Perseroan dalam menetapkan peraturan,         policies.
keputusan ataupun kebijakan.




                                                                                             2023 Integrated Annual Report        131
Page 134
PT Jakarta International Hotels & Development Tbk




Prinsip
Principles
Kerangka kerja GCG Perseroan mengacu pada Prinsip Governansi                                   The Company’s GCG frameworks refer to Indonesia’s Corporate
Korporat Indonesia yang berisi hak-hak pemegang saham,                                         Governance Principles which contain the rights of shareholders
pemangku kepentingan dan pemenuhannya, aturan pokok                                            and stakeholders as well as its fulfillment, basic requirements of
tentang pengelolaan, dan pengawasan atas pengelolaan                                           the management, and supervision of corporate management in
korporasi di Indonesia, termasuk aspek etika, manajemen risiko,                                Indonesia, including the ethical aspects, risk management, and
dan pengungkapan. Prinsip-prinsip tersebut dijiwai oleh 4 (empat)                              disclosure. These principles are cultivated in 4 (four) corporate
pilar governansi korporat yaitu: perilaku beretika, akuntabilitas,                             governance pillars, namely: ethical behaviour, accountability,
transparansi, dan keberlanjutan.                                                               transparency, and sustainability.




      Perilaku Beretika                                 Akuntabilitas                                   Transparansi                                    Keberlanjutan
         Ethical Behaviour                                Accountability                                  Transparency                                     Sustainability




                Deskripsi                                     Deskripsi                                      Deskripsi                                      Deskripsi
               Description                                   Description                                    Description                                    Description

•   Dalam melaksanakan kegiatannya,           •   Dapat      mempertanggungjawabkan        •     Menjaga        objektivitas      dalam    •   Mematuhi peraturan perundang-
    senantiasa            mengedepankan           kinerjanya secara transparan dan               menjalankan          bisnis,    melalui       undangan      serta      berkomitmen
    kejujuran, memperlakukan semua                wajar, dengan mengelolanya secara              penyediaan informasi yang material            melaksanakan      tanggung      jawab
    pihak dengan hormat (respect),                benar, terukur dan sesuai dengan               dan relevan, dengan cara yang                 terhadap       masyarakat          dan
    memenuhi komitmen, membangun                  kepentingan perusahaan dengan                  mudah diakses dan dipahami oleh               lingkungan agar berkontribusi pada
    serta menjaga nilai-nilai moral dan           tetap memperhitungkan kepentingan              pemangku kepentingan.                         pembangunan berkelanjutan.
    kepercayaan secara konsisten.                 pemegang saham dan pemangku              •     Mengambil           inisiatif    untuk    •   Bekerjasama       dengan       semua
•   Memperhatikan              kepentingan        kepentingan.                                   mengungkapkan           tidak   semata        pemangku kepentingan terkait untuk
    pemegang saham dan pemangku               •   Akuntabilitas merupakan prasyarat              yang disyaratkan oleh peraturan               meningkatkan kehidupan mereka
    kepentingan lainnya berdasarkan               yang diperlukan untuk mencapai                 perundang-undangan, tetapi juga               dengan cara yang selaras dengan
    asas kewajaran dan kesetaraan                 kinerja yang berkelanjutan.                    hal yang penting untuk pengambilan            kepentingan bisnis dan agenda
    (fairness)   dan     dikelola    secara   •   The performance can be held                    keputusan oleh pemegang saham,                pembangunan berkelanjutan.
    independen       sehingga       masing-       accountable in terms of transparency           kreditur dan pemangku kepentingan         •   Comply with the regulations as well as
    masing organ perusahaan tidak                 and      fairness,   by      managing          lainnya.                                      committed to carry out responsibilities
    saling mendominasi dan tidak dapat            performance             appropriately,   •     Maintain objectivity in business by           toward community and environment
    diintervensi oleh pihak lain.                 measurably and based on the                    providing material and relevant               in order to contribute to sustainable
•   In carrying out its activities, always        company’s interests whilst considering         information that are easily accessible        development
    upholding      honesty,      respecting       the interests of shareholders and              and understandable by stakeholders.       •   Collaborate with all stakeholders to
    all parties, fulfilling commitment,           stakeholders.                            •     Take initiative to not only disclose          improve their livelihood in line with
    establishing as well as consistently      •   Accountability is the prerequisite             what are required by the laws and             the business needs and sustainable
    maintaining moral values and trusts.          needed to achieve sustainable                  regulations, but also important matters       development agenda.
•   Pays attention to the interests of            performance.                                   for decision making by shareholders,
    shareholders and other stakeholders                                                          creditors and other stakeholders.
    based on the principle of fairness and
    equality and managed independently
    so that each company organ does not
    dominate each other and cannot be
    intervened by other parties.

              Implementasi                                  Implementasi                                   Implementasi                                   Implementasi
             Implementation                                Implementation                                 Implementation                                 Implementation

Mengedepankan sikap saling menghormati        Menetapkan kriteria penilaian kinerja        Mengungkapkan,         menyajikan,     dan      Memperhatikan tingkat kesehatan dan
hak, kewajiban, tugas, wewenang, dan          setiap organ, karyawan di semua              menyampaikan data dan keterbukaan               keselamatan kerja karyawan, mencermati
tanggung jawab masing-masing organ            direktorat dan departemen dalam tugas        informasi yang bersifat umum, material,         dampak operasional secara sosial,
perusahaan, tidak melakukan intervensi,       dan tanggung jawab dengan indikator,         akurat, melalui situs web resmi Perseroan,      ekonomi dan lingkungan, serta memastikan
serta menghindari terjadinya benturan         parameter dan tolok ukur yang jelas dan      dan mempublikasikan tepat waktu pada            ketaatan pembayaran dan pelaporan pajak
kepentingan dalam proses pengambilan          disepakati.                                  situs web Bursa Efek Indonesia (BEI), media     secara tepat waktu.
keputusan.                                    Establish      performance   assessment      massa dan penyelenggaraan paparan               Pay attention to the occupational health
Prioritize mutual respect of rights,          criteria for each organ, employees           publik.                                         and safety level of employees, investigate
obligations, duties, authorities, and         in all directorates in their duties and      Disclose, present and submit data, and          the operational impacts in social, economic
responsibilities of each company organ,       responsibilities with clear and agreed       information disclosure that is general,         and environmental aspects, as well as
does not intervene, as well as avoid          indicators, benchmarks.                      material, accurate, through the Company’s       ensuring timely tax payment and reporting.
the occurrence of conflict of interest in                                                  official website and publishes on time on
decision making process.                                                                   the Indonesia Stock Exchange (IDX), mass
                                                                                           media and organizing public exposures.




132       Laporan Tahunan Terintegrasi 2023
Page 135
                                                                                           Integrating Excellence for Sustainability




Struktur




                                                                                                                                            Prologue
                                                                                                                                             Prolog
Structure




                                                                                                                                            Performamnce Highlights
Struktur tata kelola perusahaan Perseroan terdiri dari 3 (tiga)        The Company’s corporate governance structure itself consists of 3




                                                                                                                                                 Ikhtisar Kinerja
organ utama, yaitu Rapat Umum Pemegang Saham (RUPS), Dewan             (three) main organs, including the General Meeting of Shareholders
Komisaris, dan Direksi dengan tugas dan tanggung jawab masing-         (GMS), Board of Commissioners, and Board of Directors with their
masing. Direksi didukung oleh organ-organ seperti Unit Audit           respective duties and responsibilities. The Board of Directors is
Internal dan Sekretaris Perusahaan, sedangkan Dewan Komisaris          supported by organs such as the Internal Audit Unit and Corporate
didukung oleh Komite Audit. Pelaksanaan tata kelola perusahaan         Secretary, while the Board of Commissioners is supported by the
dari organ-organ tata kelola tersebut dipandu dengan kebijakan         Audit Committee. The implementation of corporate governance by
Tata Kelola Perusahaan dan piagam-piagam yang menjadi                  these organs is guided by the Corporate Governance policy and
pedoman kerja masing-masing organ. [GRI 2-9]                           charter of each organ organ. [GRI 2-9]




                                                                                                                                            Laporan Manajemen
                                                                                                                                            Management Report
RUPS berfungsi mengakomodir kepentingan pemegang saham,                GMS functions to accommodate the interests of shareholders,
sedangkan Direksi bertugas untuk melakukan pengelolaan                 while the Board of Directors is responsible to manage the
perusahaan, dan Dewan Komisaris bertanggung jawab untuk                Company, and the Board of Commissioners is responsible to carry
melakukan fungsi pengawasan. Dalam two-boards system, Direksi          out supervisory function. In the two-boards system, the Board
dan Dewan Komisaris bertanggung jawab menjaga kesinambungan            of Directors and the Board of Commissioners are responsible to
usaha dalam jangka panjang. Oleh karena itu, keduanya harus            maintain business continuity in the long run. Therefore, both of
memiliki kesamaan persepsi terhadap visi, misi, dan nilai budaya       them must have mutual perception toward the Company’s vision,




                                                                                                                                            Profil Perusahaan
perusahaan.                                                            mission, and cultural values.




                                                                                                                                             Company Profile
                                         Struktur Tata Kelola Perusahaan yang Baik
                                            Good Corporate Governance Structure




                                                                                                                                            Analisis dan Pembahasan Manajemen
                                                     Rapat Umum Pemegang Saham




                                                                                                                                             Management Discussion and Analysis
                                                     General Meeting of Shareholders




                  Dewan Komisaris                                                             Direksi
                Board of Commissioner                                                    Board of Directors




                   Komite Audit                                         Audit Internal                        Sekretaris Perusahaan




                                                                                                                                            Human Capital
                                                                                                                                            Human Capital
                  Audit Committee                                       Internal Audit                         Corporate Secretary




                                            Akuntan Publik
                                           Public Accountant                                                                                Tata Kelola Perusahaan
                                                                                                                                             Corporate Governance
                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                             Sustainability Report




                                                                                                  2023 Integrated Annual Report       133
Page 136
PT Jakarta International Hotels & Development Tbk




Peta Jalan
Roadmap
Penerapan GCG di Perseroan terus disempurnakan dalam                    The GCG implementation within the Company is always being
setiap aktivitas operasional    dan ditingkatkan kualitasnya.           updated and improved with each operational activity. In relation
Sehubungan dengan ini, secara berkala dilakukan perbaikan dan           to this, GCG policies are regularly being updated and improved.
penyempurnaan berbagai kebijakan terkait GCG. Perkembangan              The development of GCG implementation in the Company can be
penerapan GCG di Perseroan terlihat di bawah ini:                       seen bellow:



      1984                1985                    2001                          2004                             2008


 Penawaran Umum       Sekretaris             Komite Audit : T.B.            Piagam Komite Audit :           •   Piagam Direksi dan
 Perdana saham        Perusahaan :           Silalahi, Gandhi, Tatang       20 Oktober 2004                     Dewan Komisaris
 Perseroan di Bursa   Thomas F. Welford      Sayuti, Witadinata             Audit Committee                 •   Piagam Sekretaris
 Efek Jakarta         Corporate              Sumantri dan Budianto          Charter : October 20,               Perusahaan : 30 Juni
 Initial Public       Secretary :            Tirtadjaja                     2004                                2008
 Offering of the      Thomas F. Welford      Audit Committee : T.B.                                         •   Board of Directors and
 Company’s shares                            Silalahi, Gandhi, Tatang                                           Board of Comissioners
 in the Jakarta                              Sayuti, Witadinata                                                 Charter
 Stock Exchange                              Sumantri and Budianto                                          •   Corporate Secretary
                                             Tirtadjaja                                                         Charter : June 30,
                                                                                                                2008



      2023                                                          2022                                                 2009


 Kode Etik                        •   Piagam Dewan Komisaris                           •   Komisaris Independen : J.B. Sumarlin dan
 Perseroan : 27                   •   Piagam Direksi                                       Parlaungan Lumbantoruan Sihombing.
 Desember 2023                    •   Piagam Komite Audit                              •   Unit Audit Internal : Budianto Tirtadjaja
 Code of Conduct                  •   Piagam Unit Audit Internal                       •   Piagam Unit Audit Internal : 8 Juli 2009
 of the Company                   •   Piagam Sekretaris Perusahaan                     •   Independen Commissioner: J.B. Sumarlin
 : December 27,                   •   Board of Commissioners Charter                       and Parlaungan Lumbantoruan Sihombing.
 2023                             •   Board of Directors Charter                       •   Internal Audit Unit: Budianto Tirtadjaja
                                  •   Audit Committee Charter                          •   Internal Audit Unit Charter : July 8, 2009
                                  •   Internal Audit Unit Charter
                                  •   Corporate Secretary Charter




Rapat Umum Pemegang Saham
General Meeting of Shareholders

Rapat Umum Pemegang Saham (RUPS) merupakan forum                        The General Meeting of Shareholders (GMS) is a forum of
komunikasi antara manajemen Perseroan (Dewan Komisaris                  communication between the Company’s management (Board of
dan Direksi) dengan para pemegang saham. Dalam aktivitas                Commissioners and Board of Directors) with shareholders. In the
RUPS, pemegang saham yang hadir (fisik dan online) berhak               GMS, sharehoders who attended the meeting (physically and
memperoleh informasi, diberikan kesempatan tanya jawab:                 online) are entitled to obtain information, given opportunity to
meminta penjelasan, mengemukakan pendapat, dan memberikan               raise question: request explanations, express opinions, and make
keputusan berhubungan dengan mata acara rapat, dan sepanjang            decisions regarding the meeting agenda as long as it does not
tidak bertentangan dengan kepentingan Perseroan.                        conflict with the Company’s interests.

Sebagai organ utama tertinggi dalam struktur Tata Kelola                As the highest main organ in the Corporate Governance structure,
Perusahaan, RUPS memiliki kewenangan yang tidak diberikan               the GMS has exclusive authorities that are not granted to the Board
kepada Direksi atau Dewan Komisaris, dengan dan dalam batas             of Directors and Board of Commissioners, with and within the limits
yang ditentukan di peraturan perundang-undangan, sebagaimana            determined in statutory regulations, as stated in the Company's
tertuang dalam Anggaran Dasar Perseroan.                                Articles of Association.




134    Laporan Tahunan Terintegrasi 2023
Page 137
                                                                                                           Integrating Excellence for Sustainability




                                                         Kewenangan RUPS                                                                  Anggaran Dasa




                                                                                                                                                                   Prologue
                                                          GMS Authorities                                                              Articles of Association




                                                                                                                                                                    Prolog
  1      Mengangkat, memberhentikan dan/atau mengganti anggota Direksi dan anggota Dewan Komisaris;                                  Pasal 19 ayat (7), Pasal 22
         Appoint, dismiss and/or replace members of the Board of Directors and members of the Board of Commissioners;                ayat (11)
                                                                                                                                     Article 19 paragraph (7),
                                                                                                                                     Article 22 paragraph (11)




                                                                                                                                                                   Performamnce Highlights
 2       Menetapkan jumlah gaji dan/atau tunjangan anggota Direksi, dan honorarium dan/atau tunjangan anggota Dewan                  Pasal 19 ayat (10), Pasal




                                                                                                                                                                        Ikhtisar Kinerja
         Komisaris;                                                                                                                  22 ayat (14)
         Determine the amount of salary or honorarium and benefits of members of the Board of Directors and members of the           Article 19 paragraph (10),
         Board of Commissioners;                                                                                                     Article 22 paragraph (14)

  3      Memberikan persetujuan Laporan Tahunan termasuk pengesahan Laporan Keuangan serta laporan tugas pengawasan                  Pasal 25 ayat (3, 9 dan 10)
         Dewan Komisaris;                                                                                                            Article 25 paragraphs (3,
         Approve the Annual Report including the ratification of the Financial Statements and supervisory duties of the Board of     9, and 10)
         Commissioners;




                                                                                                                                                                   Laporan Manajemen
  4      Memberikan persetujuan penetapan penggunaan laba bersih Perseroan;                                                          Pasal 25 ayat (10), Pasal




                                                                                                                                                                   Management Report
         Approve the determination of the use of the Company’s net profit;                                                           26 ayat (1)
                                                                                                                                     Article 26 paragraph (10),
                                                                                                                                     Article 26 paragraph (1)

 5       Menetapkan penunjukan Kantor Akuntan Publik (KAP) dan/atau Akuntan Publik (AP) independen untuk melakukan audit             Merujuk Pasal 3 ayat (1)
         keuangan Perseroan;                                                                                                         POJK No. 9/2023
         Determine the appointment of an Independent Public Accountant Firm to conduct the Company’s financial audit;                Refer to Article 13
                                                                                                                                     paragraph (1) POJK No.
                                                                                                                                     13/2017




                                                                                                                                                                   Profil Perusahaan
                                                                                                                                                                    Company Profile
  6      Menyetujui perubahan Anggaran Dasar Perseroan; dan                                                                          Pasal 28 ayat (1)
         Approve amendments to the Company’s Articles of Association;                                                                Article 28 paragraph (1)

  7      Menyetujui penambahan modal Perseroan.                                                                                      Pasal 4 ayat (8)
         Approve the capital increase of the Company.                                                                                Article 4 paragraph (81)


Hak Pemegang Saham                                                                   Shareholder Rights
Pemegang saham Perseroan per 31 Desember 2023 tercatat 1.035                         The Company’s shareholders as of December 31, 2023 was 1,035




                                                                                                                                                                   Analisis dan Pembahasan Manajemen
pemegang saham, yang terdiri dari 895 individu dan 126 institusi,                    shareholders, consisting of 895 individuals and 126 insitutions, 944




                                                                                                                                                                    Management Discussion and Analysis
944 lokal dan 91 asing (2022 : 1.058 pemegang saham, terdiri dari                    domestics and 91 foreign (2022 : 1,058 shareholders, consisting of
934 individu dan 124 institusi, 968 lokal dan 90 asing) sebagai                      934 individuals and 124 institutions, 968 domestics and 90 foreign)
pemilik dari keseluruhan 2.329.040.482 saham yang tercatat di                        with the total of 2,329,040,482 shares listed in the Indonesia Stock
Bursa Efek Indonesia.                                                                Exchange.

Dalam RUPS, Pemegang Saham baik perorangan maupun                                    In the GMS, both individual and institutional Shareholders are
badan hukum berhak memperoleh perlakuan yang sama, dan                               entitled to receive equal treatments, and are allowed to use their
dapat menggunakan haknya dengan tetap memperhatikan                                  rights in complying with the OJK Regulations No. 15/POJk.04/2020
pada ketentuan-ketentuan Peraturan OJK No. 15/POJK.04/2020                           concerning the Plans and Organization of General Meeting
tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang                              of Shareholders in Public Companies, as long as fulfilling the
Saham Perusahaan Terbuka, memenuhi persyaratan dan tidak                             requirements and does not contradict with the Company’s Articles
bertentangan dengan Anggaran Dasar Perseroan, sebagaimana                            of Association, as stipulated in the Article 11 paragraph (15), Article
yang dimaksud dalam Pasal 11 ayat (15), Pasal 14 ayat (5), dan Pasal                 14 paragraph (5), and Article 17 paragraph (5,6, and 8).
17 ayat (5, 6 dan 8).




                                                                                                                                                                   Human Capital
                                                                                                                                                                   Human Capital
                                                        Hak Pemegang Saham                                                                Anggaran Dasar
                                                         Shareholder Rights                                                            Articles of Association

      1 Memiliki kesempatan untuk mengusulkan mata acara rapat selambat-lambatnya 7 (tujuh) hari sebelum tanggal                    Pasal 11 ayat (15)
        Pemanggilan RUPS;                                                                                                           Article 11 paragraph (15)
        Have the opportunity to propose the agenda of the meeting at the latest 7 (seven) days before the date of the Invitation to
        the GMS;
                                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                                    Corporate Governance




      2 Memperoleh informasi mata acara rapat dan bahan terkait mata acara rapat sepanjang tidak bertentangan dengan                 Pasal 14 ayat (5)
         kepentingan Perseroan;                                                                                                      Article 14 paragraph (5)
         Obtaining information on the meeting agenda and materials related to the meeting agenda as long as it does not conflict
         with the interests of the Company;

      3 Menghadiri, berkesempatan untuk mengajukan pertanyaan pada setiap pembahasan mata acara, dan memberikan 1 (satu) Pasal 17 ayat (5, 8)
         suara pada saat pemungutan suara dalam RUPS; dan                                                                            Article 17 paragraphs
         Attend, have the opportunity to ask questions on each discussion of the agenda, and cast 1 (one) vote at the time of voting (5, 8)
         in the GMS;

      4 Memberikan kuasa kepada pihak lain apabila Pemegang Saham berhalangan hadir dalam RUPS.                                      Pasal 17 ayat (6)
         Authorize other parties if the Shareholders are unable to attend the GMS;                                                   Article 17 paragraph (6)
                                                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                                                    Sustainability Report




                                                                                                                   2023 Integrated Annual Report             135
Page 138
PT Jakarta International Hotels & Development Tbk




Penyelenggaraan                                                                  Administration
Legalitas dan Agenda                                                             Legality and Agenda

                                        Legalitas Penyelenggaraan RUPS | Legality of The Implementation of GMS

Undang-Undang             Undang-Undang No. 40 Tahun 2007 tentang Perseroan Terbatas: Pasal 75 hingga 92
Law                       Law No. 40 Year 2007 on Limited Liability Companies: Articles 75 to 92

Peraturan Otoritas Jasa   •   POJK No. 15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka;
Keuangan                      dan
Financial Services        •   POJK No. 16/POJK.04/2020 tentang Pelaksanaan Rapat Umum Pemegang Saham Perusahaan Terbuka Secara Elektronik.
Authority Regulation      •   POJK No. 15/POJK.04/2020 regarding the Plan and Implementation of the General Meeting of Shareholders of Public
                              Companies;
                          •   POJK No. 16/POJK.04/2020 regarding the Implementation of the General Meeting of Shareholders of Public Companies
                              Electronically;

Anggaran Dasar            Akta No. 25 tanggal 20 Juli 2023: Pasal 11 hingga 18
Articles of Association   Deed No. 05 dated August 23, 2022: Articles 11 to 18


Perseroan berkewajiban menyelenggarakan Rapat Umum                               The Company is obligated to hold General Meeting of Shareholders
Pemegang Saham (RUPS) setiap tahunnya. Dalam Anggaran Dasar,                     (GMS) every year. In the Articles of Association, there are 2
disebutkan adanya 2 (dua) jenis Rapat Umum Pemegang Saham                        (two) types of GMS, including the Annual GMS (AGMS) and the
(RUPS), yaitu Rapat Umum Pemegang Saham Tahunan (RUPST)                          Extraordinary General Meeting of Shareholders (EGMS). The AGMS
dan Rapat Umum Pemegang Saham Luar Biasa (RUPSLB). RUPST                         is held once a year and must be held no later than 6 (six) months
diselenggarakan 1 (satu) kali setiap tahun dan wajib dilaksanakan                after the end of the fiscal year, or according to the time limit in
paling lambat 6 (enam) bulan setelah berakhirnya tahun buku,                     certain conditions set by OJK. Meanwhile, the EGMS can be held at
atau sesuai batas waktu dalam kondisi tertentu yang ditetapkan                   any time based on the Company’s needs.
oleh OJK. RUPSLB dapat diselenggarakan sewaktu-waktu sesuai
kebutuhan Perseroan.

Dengan alasan tertentu, dan memenuhi persyaratan ketentuan                       Under certain conditions and after fulfilling the provisions of Article
Pasal 11 ayat (3) Anggaran Dasar, Pemegang Saham secara                          11 paragraph (30) of the Articles of Association, Shareholders can
sendiri atau bersama-sama dapat meminta diselenggarakannya                       individually or collectively request the EGMS in writing to the Board
RUPS secara tertulis kepada Direksi, apabila Pemegang Saham                      of Directors, if the Shareholders have represented at least 1/10
tersebut telah mewakili paling sedikit 1/10 (satu per sepuluh) dari              (one-tenth) of the total shares of the Company.
keseluruhan saham Perseroan.

Agenda utama RUPST terdiri dari pengajuan Laporan Keuangan                       The main agenda of the AGMS consists of the submission of
dan Laporan Tahunan dari Direksi untuk disahkan dan disetujui                    Financial Statements and Annual Reports from the Board of
oleh Pemegang Saham, melakukan penunjukan Kantor Akuntan                         Directors to be ratified and approved by the Shareholders,
Publik untuk tahun buku berikutnya, memutuskan penggunaan                        appointing a Public Accounting Firm for the following year,
laba, mengangkat atau memberhentikan anggota Direksi atau                        deciding on the use of profit, appointing or dismissing members of
anggota Dewan Komisaris, dan memutuskan hal-hal lain yang                        the Board of Directors or members of the Board of Commissioners,
diperlukan.                                                                      and deciding on other necessary matters.

RUPSLB diselenggarakan untuk mendapatkan persetujuan                             The EGMS is held to obtain shareholders’ approval regarding the
Pemegang Saham dalam hal mengangkat atau memberhentikan                          appointment or dismissal of members of the Board of Directors
anggota Direksi atau anggota Dewan Komisaris, perubahan                          or members of the Board of Commissioners, amendments to the
Anggaran Dasar, aksi korporasi dan transaksi yang mempunyai                      Articles of Association, corporate actions and transactions that
benturan kepentingan.                                                            have a conflict of interest.

Ketentuan Kuorum                                                                 Quorum Provisions
Seluruh ketentuan mengenai kuorum kehadiran dan kuorum                           All provisions regarding the attendance quorum and resolution
keputusan untuk mata acara yang harus diputuskan dalam RUPS                      quorum for the agenda that must be decided at the GMS have been
telah diatur dalam Anggaran Dasar, merujuk pada ketentuan-                       regulated in the Company’s Articles of Association, which adopts
ketentuan dalam UUPT dan POJK No. 15/2020. Pengambilan                           as stated in the Company Law and POJK No. 15/2020. The GMS
keputusan RUPS diupayakan dicapai melalui proses musyawarah                      resolutions is taken based on deliberation to reach a consensus,
untuk mufakat, sebelum ditempuh dengan pemungutan suara.                         before being taken by voting.

                          Kehadiran (dari jumlah seluruh saham dengan        Keputusan (dari seluruh saham dengan jumlah
    Objektif RUPS                       hak suara yang sah)                             hak suara yang hadir)                     Anggaran Dasar
    GMS Objectives                           Attendance                          Resolution (out of the total number of        Articles of Association
                            (out of total shares with valid voting rights)         shares with voting rights present)

 RUPST
 EGMS

RUPS ke-1 | 1st GMS                            >1/2                                              >1/2

RUPS ke-2 | 2nd GMS                            >1/3                                              >1/2                             Pasal 17 ayat (1)
                                                                                                                              Article 17 paragraph (1)
                                                 ditetapkan oleh OJK atas permohonan Perseroan ) 1
RUPS ke-3 | 3rd GMS
                                                 determined by OJK at the request of the Company1)




136      Laporan Tahunan Terintegrasi 2023
Page 139
                                                                                                                             Integrating Excellence for Sustainability




                              Kehadiran (dari jumlah seluruh saham dengan                Keputusan (dari seluruh saham dengan jumlah




                                                                                                                                                                                        Prologue
     Objektif RUPS                          hak suara yang sah)                                     hak suara yang hadir)                                  Anggaran Dasar




                                                                                                                                                                                         Prolog
     GMS Objectives                              Attendance                                  Resolution (out of the total number of                     Articles of Association
                                (out of total shares with valid voting rights)                 shares with voting rights present)

 RUPS untuk Perubahan Anggaran Dasar
 GMS for Amendment of Articles of Association




                                                                                                                                                                                        Performamnce Highlights
RUPS ke-1 | 1st GMS                                    >2/3                                                        >2/3




                                                                                                                                                                                             Ikhtisar Kinerja
RUPS ke-2 | 2 GMS
               nd
                                                       >3/5                                                        >1/2                                    Pasal 17 ayat (2)
                                                                                                                                                       Article 17 paragraph (2)
                                                         ditetapkan oleh OJK atas permohonan Perseroan )            1
RUPS ke-3 | 3rd GMS
                                                         determined by OJK at the request of the Company1)

 RUPS untuk Pengalihan kekayaan, Penggabungan, Peleburan, Pengambilalihan, Pemisahan, Permohonan pailit, Perpanjangan dan Pembubaran
 GMS for Transfer of assets, Merger, Consolidation, Acquisition, Demerger, Bankruptcy petition, Extension and Dissolution.

RUPS ke-1 | 1st GMS                                    >3/4                                                        >3/4




                                                                                                                                                                                        Laporan Manajemen
                                                                                                                                                                                        Management Report
RUPS ke-2 | 2nd GMS                                    >2/3                                                        >3/4                                    Pasal 17 ayat (3)
                                                                                                                                                       Article 17 paragraph (3)
                                                         ditetapkan oleh OJK atas permohonan Perseroan1)
RUPS ke-3 | 3rd GMS
                                                         determined by OJK at the request of the Company1)

 RUPS untuk Transaksi yang mempunyai benturan kepentingan
 GMS for Transactions that contain conflict of interests

RUPS ke-1 | 1st GMS                                    >1/22)                                                     >1/22)3)




                                                                                                                                                                                        Profil Perusahaan
                                                                                                                                                                                         Company Profile
RUPS ke-2 | 2 GMS
               nd
                                                        >1/2                                                       >1/2                                    Pasal 17 ayat (4)
                                                                                                                                                       Article 17 paragraph (4)
                                                         ditetapkan oleh OJK atas permohonan Perseroan             2)3)
RUPS ke-3 | 3rd GMS
                                                         determined by OJK at the request of the Company2)3)
Keterangan/note:
1. Penetapan OJK mengenai kuorum kehadiran dan kuorum keputusan RUPS ketiga, serta pemanggilan dan waktu penyelenggaraan RUPS ketiga bersifat final dan mempunyai
   kekuatan hukum yang tetap.
2. Kuorum untuk pemegang saham independen.
3. Dari jumlah seluruh saham dengan hak suara yang sah yang dimiliki oleh seluruh pemegang saham independen.




                                                                                                                                                                                        Analisis dan Pembahasan Manajemen
1. OJK’s resolution regarding the attendance quorum and decision quorum of the third GMS, as well as the invitation and date of the third GMS is final and has permanent legal force.




                                                                                                                                                                                         Management Discussion and Analysis
2. Quorum for independent shareholders.
3. From the total number of shares with valid voting rights owned by all independent shareholders.



Dalam hal kuorum kehadiran dan kuorum keputusan tidak tercapai                                In the event that the attendance quorum and resolution quorum
dalam RUPS pertama, Perseroan dapat menyelenggarakan RUPS                                     are not achieved in the first GMS, the Company may hold the
kedua dalam jangka waktu paling cepat 10 hari dan paling lambat                               second GMS within a period of 10 days and no later than 21 days
21 hari setelah RUPS pertama dilangsungkan.                                                   after the first GMS is held.

Bilamana kuorum kehadiran dan kuorum keputusan kembali tidak                                  If the attendance quorum and resolution quorum are not achieved
tercapai dalam RUPS kedua, dapat diselenggarakan RUPS ketiga                                  in the second GMS, the third GMS may be held with the quorum
dengan ketentuan kuorum ditetapkan oleh OJK. Kecuali untuk                                    determined by OJK. Except for the agenda of transactions that
mata acara transaksi yang mempunyai benturan kepentingan,                                     have a conflict of interest, the attendance quorum of Independent
kuorum kehadiran Pemegang Saham Independen ditetapkan oleh                                    Shareholders is determined by OJK, while the decision quorum
OJK, sedang kuorum keputusan tetap lebih dari 50% saham yang                                  remains more than 50% of the shares owned by Independent




                                                                                                                                                                                        Human Capital
                                                                                                                                                                                        Human Capital
dimiliki oleh Pemegang Saham Independen yang hadir.                                           Shareholders who are present.


Ketentuan Tahapan Penyelenggaraan                                                             Provisions for Implementation Stages
POJK No. 15/2020 mengatur rinci ketentuan tahapan                                             POJK No. 15/2020 contains the detailed provisions of the
penyelenggaraan RUPS perusahaan terbuka, dan semua ketentuan                                  organization of GMS by public companies, and all the provisions
tersebut telah dielaborasi dalam Anggaran Dasar.                                              have been elaborated in the Articles of Association.
                                                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                                                         Corporate Governance




     Pemberitahuan mata        Pengumuman RUPS         Recording date daftar      Pemanggilan RUPS                RUPS               Pengumuman Hasil            Risalah RUPS
     acara RUPS kepada         GMS Announcement          pemegang saham           GMS Announcement                GMS                      RUPS                  GMS Minutes
          Regulator                                      yang berhak hadir                                                            Announcement of
                                                                                                                                                                                        Laporan Keberlanjutan




       of GMS agenda                                         dalam RUPS                                                               GMS Resolutions
                                                                                                                                                                                         Sustainability Report




        to Regulator                                   Recording date of the
                                                        list of shareholders
                                                          entitled to attend
                                                               the GMS




                                                                                                                                   2023 Integrated Annual Report                 137
Page 140
PT Jakarta International Hotels & Development Tbk




    Anggaran Dasar                             Kegiatan                                                 Tindakan                                   Waktu (H)
 Articles of Association                       Provision                                                 Action                                    Time (D)

Pasal 14 ayat (2) huruf (i)   Pemberitahuan mata acara RUPS kepada         Disampaikan paling lambat 5 (lima) hari kerja sebelum                     H-44
Article 14 paragraph          Regulator.                                   pengumuman RUPS.                                                          D-44
(2) letter (i)                Notification of GMS agenda to Regulator.     Delivered at the latest 5 (five) working days before the
                                                                           announcement of the GMS;

Pasal 14 ayat (3) angka       Pengumuman RUPS.                             Dibuat dalam bahasa Indonesia dan bahasa Inggris, dan                     H-37
(1 dan 4)                     GMS Announcement.                            dilakukan paling lambat 14 (empat belas) hari sebelum                     D-37
Article 14 paragraph                                                       pemanggilan RUPS (tidak hitung tanggal pengumuman dan
(3) number (1 and 4)                                                       tanggal pemanggilan), melalui paling sedikit situs web dari:
                                                                           penyedia e-RUPS, bursa efek dan Perusahaan Terbuka;
                                                                           Made in Bahasa Indonesia and in English, and announced no
                                                                           later than 14 (fourteen) days prior to the invitation of the GMS (not
                                                                           counting the announcement date and the date of the invitation),
                                                                           through at least the website of: e-GMS provider, stock exchange
                                                                           and public company;

                                                                           Bukti pengumuman disampaikan kepada OJK paling lambat 2                   H-35
                                                                           (dua) hari kerja setelah pengumuman RUPS.                                 D-35
                                                                           Proof of the announcement is submitted to OJK no later than 2
                                                                           (two) working days after the announcement.

Pasal 14 ayat (4) angka       Recording date daftar pemegang saham         Tercatat dalam daftar pemegang saham Perusahaan Terbuka 1                 H-23
(5)                           yang berhak hadir dalam RUPS                 (satu) hari kerja sebelum pemanggilan RUPS.                               D-23
Article 14 paragraph          Recording date of the list of shareholders   Recorded in the list of shareholders of the Public Company 1
(4) number (5)                who are entitled to attend the GMS.          (one) business day before the invitation to the GMS.

Pasal 14 ayat (4)             Pemanggilan RUPS.                            Dibuat dalam bahasa Indonesia dan bahasa Inggris, dan                     H-22
angka (1-5)                   GMS Invitation.                              dilakukan paling lambat 21 (dua puluh satu) hari sebelum RUPS             D-22
Article 14 paragraph                                                       (tidak hitung tanggal pemanggilan dan tanggal RUPS), melalui
(4) number (1-5)                                                           paling sedikit situs web dari: penyedia e-RUPS, bursa efek dan
                                                                           Perusahaan Terbuka.
                                                                           Made in Bahasa Indonesia and in English, and announced no
                                                                           later than 21 (twenty one) days prior to the GMS (not counting the
                                                                           announcement date and the date of the invitation), through at
                                                                           least the website of: e-GMS provider, stock exchange and public
                                                                           company;

                                                                           Bukti pemanggilan disampaikan kepada OJK paling lambat 2                  H-20
                                                                           (dua) hari kerja setelah pemanggilan RUPS.                                D-20
                                                                           Proof of the invitation is submitted to OJK no later than 2 (two)
                                                                           working days after the announcement.

Pasal 12 ayat (1-2)           RUPS                                         •   RUPST wajib diselenggarakan dalam jangka waktu paling                  H
Article 12 paragraph          GMS                                              lambat 6 (enam) bulan setelah tahun buku berakhir;                     D
(1-2)                                                                      •   RUPS Lainnya dapat diselenggarakan pada setiap waktu
                                                                               berdasarkan kebutuhan.
                                                                           •   The EGMS must be held no later than 6 (six) months after the
                                                                               fiscal year ends;
                                                                           •   Other GMS can be held at any time based on the need.

Pasal 18 ayat (5)             Ringkasan Risalah RUPS                       Dibuat dalam bahasa Indonesia dan bahasa Inggris, dan                     H+2
angka (1-2, 8-9)              GMS Minutes Summary.                         diumumkan kepada masyarakat paling lambat 2 (dua) hari kerja              D+2
Article 18 paragraph (5)                                                   setelah RUPS diselenggarakan, melalui paling sedikit situs web
number (1-2, 8-9)                                                          dari: penyedia e-RUPS, bursa efek dan Perusahaan Terbuka.
                                                                           Made in Bahasa Indonesia and in English, and announced to the
                                                                           public no later than 2 (two) working days after the GMS is held,
                                                                           through at least the website of: e-GMS provider, stock exchange
                                                                           and public company;

                                                                           Bukti Ringkasan Risalah disampaikan kepada OJK paling lambat              H+4
                                                                           2 (dua) hari kerja setelah diumumkan.                                     D+4
                                                                           Proof of the Minutes Summary is submitted to OJK no later than
                                                                           2 (two) working days after the announcement.

Pasal 18 ayat (2-4)           Risalah RUPS                                 Disampaikan kepada OJK paling lambat 30 (tiga puluh) hari                 H+30
Article 18 paragraph          GMS Minutes.                                 setelah RUPS diselenggarakan.                                             D+30
(2-4)                                                                      Submitted to OJK no later than 30 (thirty) days after the GMS
                                                                           is held.




138      Laporan Tahunan Terintegrasi 2023
Page 141
                                                                                               Integrating Excellence for Sustainability




Kegiatan penyampaian Pengumuman RUPS, Pemanggilan RUPS                   In addition to release in the website of the Company’s website, the




                                                                                                                                                    Prologue
                                                                                                                                                     Prolog
dan Ringkasan Risalah RUPS, selain melalui situs: perusahaan             Indonesia Stock Exchange and OJK, the GMS Announcement, GMS
terbuka, Bursa Efek Indonesia (BEI) dan Otoritas Jasa Keuangan           Invitation and GMS Minutes Summary are also released through
(OJK), dapat pula dilakukan melalui iklan, minimal di sebuah surat       the advertisements in at least one national daily newspaper in
kabar harian nasional berbahasa Indonesia berperedaran nasional.         Indonesian language.




                                                                                                                                                    Performamnce Highlights
RUPS Tahun 2023                                                          GMS in 2023




                                                                                                                                                         Ikhtisar Kinerja
Perseroan menyelenggarakan 2 (dua) RUPS pada 27 Juni 2023,               The Company held 2 (two) GMS on June 27, 2023, including
yaitu RUPST Tahun Buku 2022, yang kemudian dilanjutkan dengan            the AGMS of 2022 Fiscal Year which then followed by the 2023
RUPSLB Tahun 2023. Pelaksanaan kedua RUPS tersebut dihadiri              EGMS. The organization of both GMS were attended physically
secara fisik oleh pemegang saham atau kuasanya, dan secara               by shareholders or their proxies, and online by giving authority
online (daring) dengan memberikan kuasa secara elektronik                electronically via Electronic General Meeting System (eASY.KSEI)
melalui fasilitas Electronic General Meeting System (eASY.KSEI)          provided by PT Kustodian Sentral Efek Indonesia (KSEI).
yang disediakan oleh PT Kustodian Sentral Efek Indonesia (KSEI).




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
Tahapan                                                                  Stages
Tahapan penyelenggaraan RUPST Tahun Buku 2022 dan RUPSLB                 The stages of organization of the AGMS 2022 Fiscal Year and the
Tahun 2023 telah dilaksanakan pada tanggal-tanggal sebagai               2023 EGMS have been carried out on the following dates:
berikut:


 No
                  Kegiatan                Tanggal Kegiatan                                      Keterangan
                   Stage                       Date                                              Description




                                                                                                                                                    Profil Perusahaan
  1    Pemberitahuan RUPS              10 Mei 2023            Disampaikan kepada OJK dan BEI dengan surat No. 0067/SPR-DIR/JIHD/V/2023.




                                                                                                                                                     Company Profile
       GMS Notification                May 10, 2023           Submitted to OJK and BEI with letter No. 0067/SPR-DIR/JIHD/V/2023.

  2    Pengumuman RUPS                 19 Mei 2022            Melalui situs web: KSEI, IDXnet/SPE OJK dan JIHD (bukti dengan surat No. 0124/SPR-
       GMS Announcement                May 19, 2023           DIR/JIHD/V/2023).
                                                              Through website: KSEI, IDXnet/SPE OJK and JIHD (proven by letter No. 0124/SPR-DIR/
                                                              JIHD/V/2023).

  3    Recording Date                  31 Mei 2023            Data dari KSEI dan BAE PT Raya Saham Registra.
                                       May 31, 2023           Data from KSEI and Share Registrar PT Raya Saham Registra.




                                                                                                                                                    Analisis dan Pembahasan Manajemen
                                                                                                                                                     Management Discussion and Analysis
  4    Pemanggilan RUPS                5 Juni 2023            Melalui situs web: KSEI, IDXnet/SPE OJK dan JIHD (bukti dengan surat 0164/HIR-DIR/
       GMS Invitation                  June 5, 2023           JIHD/VI/2023).
                                                              Through website: KSEI, IDXnet/SPE OJK and JIHD (proven by letter 0164/HIR-DIR/JIHD/
                                                              VI/2023).

  5    Pelaksanaan RUPS                27 Juni 2023           Tempat/Venue:
       GMS Implementation              June 27, 2023          Hotel Borobudur Jakarta – Ruang Flores
                                                              Jl. Lapangan Banteng Selatan No. 1
                                                              Jakarta 10710
                                                              Jam: 10.30 WIB - selesai/finish

  6    Pengumuman Hasil RUPS           27 Juni 2023           Melalui situs web: KSEI, IDXnet/SPE OJK dan JIHD (bukti melalui surat No. 0157/HIR-
       (Ringkasan Risalah RUPS)        June 27, 2023          DIR/JIHD/VI/2023).
       Announcement of GMS                                    Through website: KSEI, IDXnet/SPE OJK and JIHD (proven by letter No. 0157/HIR-DIR/
       Resolutions (GMS Minutes                               JIHD/VI/2023).
       Summary)

  7    Penyampaian Risalah RUPS        25 Juli 2023           Disampaikan kepada OJK dengan surat No. 0143/HIR-DIR/JIHD/VII/2023.




                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
       Submission of GMS Minutes       July 25, 2023          Submitted to OJK with letter No. 0143/HIR-DIR/JIHD/VII/2023.


Proses Penyelenggaraan                                                   Implementation Process
RUPST Tahun Buku 2022 dihadiri pemegang saham dengan saham               The 2022 Fiscal Year AGMS was attended by shareholders
tercatat 2.011.243.758 (fisik: 2.011.110.752 dan e-Proxy: 133.006),      representing 2,011,243,758 shares (physical: 2,011,110,752
sedang RUPSLB Tahun 2023 dihadiri sebanyak 2.011.146.058                 and e-Proxy: 133,006), while the 2023 EGMS was attended
saham (fisik: 2.011.110.752 saham dan e-Proxy: 35.306 saham).            by shareholders representing 2,011,146,058 shares (physical:
                                                                                                                                                    Tata Kelola Perusahaan
                                                                                                                                                     Corporate Governance




Terhadap keseluruhan 2.329.040.482 saham, telah diperoleh                2,011,110,752 and e-Proxy: 35,306). Of the total 2,329,040,482
kuorum kehadiran sekaligus untuk kuorum keputusan untuk                  shares, both attendance quorum and resolution quorum have
RUPST Tahun Buku 2022 dan RUPSLB Tahun 2023 yang masing-                 been reached for the 2022 Fiscal year AGMS and the 2023
masing mencapai 86,355% dan 86,351%. Dengan demikian telah               EGMS with each reaching 86.355% and 86.351%. Thus, have met
memenuhi dan sah mengambil keputusan untuk seluruh mata                  the requirements and validity to make resolutions for all the GMS
acara RUPS.                                                              agendas.

Dalam RUPST terdapat 1 (satu) Pemegang Saham yang memberikan             In the AGMS, there was 1 (one) Shareholder who expressed opinion
pendapat pada mata acara kesatu, dan 1 (satu) Pemegang Saham             on the first agenda, and 1 (one) Shareholder who raised question
yang mengajukan pertanyaan pada mata acara kedua. Sedangkan              on the second agenda. On the other hand, there was no one who
                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                     Sustainability Report




dalam RUPSLB tidak ada Pemegang Saham yang mengajukan                    raised question and/or express opinion in the EGMS.
pertanyaan dan/atau memberikan pendapat.

Dalam keputusan RUPST terdapat empat mata acara, yaitu mata              AGMS resolutions were made on four agendas, in which the first
acara pertama hingga keempat disetujui dengan musyawarah                 to fourth agenda were made based on deliberation for consensus,
mufakat, dan sebuah mata acara, yaitu mata acara kelima yang             and the fifth meeting agenda was made by voting. On the other
disetujui dengan pemungutan suara. Untuk keputusan mata acara            hand, the only EGMS agenda was made with voting.
tunggal RUPSLB disetujui dengan pemungutan suara.



                                                                                                       2023 Integrated Annual Report         139
Page 142
PT Jakarta International Hotels & Development Tbk




                  Keterangan                                 RUPST Tahun Buku 2022                                    RUPSLB Tahun 2023
 No
                  Description                                 2022 Fiscal year AGMS                                      2023 EGMS

  1   Tanggal                                27 Juni 2023
      Date                                   June 27, 2023

  2   Waktu                                  10.55 - 11.33 WIB                                         11.47 - 11.52 WIB
      Time

  3   Tempat                                 Hotel Borobudur Jakarta - Ruang Flores B
      Venue                                  Jl. Lapangan Banteng Selatan No. 1
                                             Jakarta 10710

  4   Kuorum Kehadiran                       Total: 2.011.243.758 (fisik: 2.011.110.752 dan e-Proxy:   Total: 2.011.146.058 (fisik: 2.011.110.752 dan
      Attendance Quorum                      133.006) mewakili 86,355% dari 2.329.040.482.             e-Proxy: 35.306) atau mewakili 86,351% dari
                                             Total: 2,011,243,758 (physical: 2,011,110,752             2.329.040.482.
                                             and e-Proxy: 133,006) representing 86.355% of             Total: 2,011,146,058 (physical: 2,011,110,752
                                             2,329,040,482.                                            and e-Proxy: 35,306) representing 86.351% of
                                                                                                       2,329,040,482.

  5   Pimpinan Rapat                         Hartono Tjahjadi Adiwana selaku Wakil Presiden Komisaris.
      Chariman of the Meeting                Hartono Tjahjadi Adiwana as Vice President Commissioner.

  6   Kehadiran Dewan Komisaris              Sugianto Kusuma selaku Presiden Komisaris dan Tomy Winata selaku Wakil Presiden Komisaris berhalangan
      Attendance of the Board of             hadir.
      Commissioners                          Sugianto Kusuma as President Commissioner and Tomy Winata as Vice President Commissioner were
                                             unable to attend the meeting.

  7   Kehadiran Direksi                      Seluruh anggota Direksi hadir.
      Attendance of the Board of Directors   All members of the Board of Directors attended the meeting.

  8   Kehadiran Lembaga Penunjang Pasar      •   Notaris: Mochamad Nova Faisal, S.H., M.Kn.;
      Modal                                  •   Biro Administrasi Efek: PT Raya Saham Registra;
      Attendance of Capital Market           •   Kantor Akuntan Publik: Mirawati Sensi Idris.
      Supporting Institutions                •   Notary: Mochamad Nova Faisal, S.H., M.Kn.;
                                             •   Share Registrar: PT Raya Saham Registra;
                                             •   Public Accounting Firm: Mirawati Sensi Idris.




140   Laporan Tahunan Terintegrasi 2023
Page 143
                                                                                                         Integrating Excellence for Sustainability




Keputusan dan Tindak Lanjut                                                    Resolutions and Follow-up




                                                                                                                                                                Prologue
                                                                                                                                                                 Prolog
RUPST Tahun Buku 2022                                                          Fiscal Year of 2022 AGMS
Keputusan-keputusan RUPST Tahun Buku 2022 telah dituangkan                     Resolutions of the Fiscal Year of 2022 AGMS have been compiled
dalam ringkasan risalah keputusan RUPST Tahun Buku 2022, yang                  in a minutes summary of the Fiscal Year of 2022 AGMS, which have




                                                                                                                                                                Performamnce Highlights
telah diumumkan dan dipublikasikan pada situs web: Perseroan,                  been announced and published at the website of the Company,
Bursa Efek Indonesia (BEI), dan Kustodian Sentral Efek Indonesia               Indonesia Stock Exchange (IDX), and Indonesia Central Securities




                                                                                                                                                                     Ikhtisar Kinerja
(KSEI) pada 27 Juni 2023. Selanjutnya, risalah keputusan RUPST                 Depository (KSEI) on June 27, 2023. Then, the minutes of its
dituangkan dalam akta No. 39 tanggal 27 Juni 2023 yang dibuat                  resolutions are set forth in deed No. 39 dated July 27, 2023 made
oleh Notaris Mochamad Nova Faisal, S.H. M.Kn., serta telah                     before notary Mochamad Nova Faisal, S.H. M.Kn., and has been
dilaporkan kepada OJK dengan surat No. 0143/HIR-DIR/JIHD/                      submitted to OJK with letter No. 0143/HIR-DIR/JIHD/VII/2023 on
VII/2023 pada tanggal 25 Juli 2023.                                            July 25, 2023.


            Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022.




                                                                                                                                                                Laporan Manajemen
                                                                                                                                                                Management Report
                                                   Mata Acara Rapat Pertama | First Meeting Agenda

 Agenda                                                                       Agenda
 Persetujuan Laporan Tahunan, termasuk Pengesahan Laporan Keuangan            Approval of the Annual Report, including Ratification of the Financial
 Perseroan, serta Laporan Tugas Pengawasan Dewan Komisaris untuk tahun        Statements, as well as the Board of Commissioners Supervisory Report for
 buku 2022.                                                                   the 2022 fiscal year

 Jumlah pemegang saham yang mengajukan pertanyaan dan/atau                    Number of shareholders who asked questions and/or expressed opinions.
 memberikan pendapat.                                                         There was 1 (one) shareholder expressing opinions.
 Terdapat 1 (satu) pemegang saham yang memberikan pendapat.




                                                                                                                                                                Profil Perusahaan
                                                                                                                                                                 Company Profile
 Hasil Pemungutan Suara                                                       Voting Results

          Setuju               Tidak Setuju               Abstain                      Agree                   Disagree                  Abstain

           2.011.243.758                       0                        0               2,011,243,758                         0                           0
                100,00%                    0,00%                    0,00%                      100.00%                    0.00%                    0.00%

 Keputusan                                                                    Resolutions




                                                                                                                                                                Analisis dan Pembahasan Manajemen
                                                                                                                                                                 Management Discussion and Analysis
 1. Menerima dengan baik dan menyetujui Laporan Tahunan Perseroan             1. Accept and approve the Company’s Annual Report on the Company’s
    tentang kegiatan Perseroan untuk tahun buku 2022, termasuk Laporan           activities in 2022 fiscal year, including the Board of Commissioners’
    Pengawasan Dewan Komisaris untuk tahun buku 2022; dan                        Supervisory Report of 2022 fiscal year; and
 2. Menerima dan mengesahkan Laporan Keuangan Konsolidasian                   2. Accept and ratify the Company’s Consolidated Financial Statements for
    Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember            the fiscal year ended December 31, 2022, audited by Mirawati Sensi Idris
    2022 yang telah diaudit oleh Kantor Akuntan Publik Mirawati Sensi Idris      Public Accounting Firm with report No. 00388/2.1090/AU.1/03/1284-2/1/
    dengan laporannya No. 00388/2.1090/AU.1/03/1284-2/1/III/2023 tanggal         III/2023 dated March 29, 2023 with unqualified opinion.
    29 Maret 2023 dengan opini “wajar.”

 Tindak Lanjut                                                                Follow up
 Telah selesai direalisasikan pada 2023.                                      Have been realized in 2023.

                                                   Mata Acara Rapat Kedua | Second Meeting Agenda

 Agenda                                                                       Agenda
 Penetapan penggunaan Laba Bersih Perseroan untuk tahun buku 2022.            Determination of the use of the Company’s Net Profit in 2022 fiscal year.

 Jumlah pemegang saham yang mengajukan pertanyaan dan/atau                    Number of shareholders who raised questions and/or expressed opinions.
 memberikan pendapat.




                                                                                                                                                                Human Capital
                                                                                                                                                                Human Capital
 Terdapat seorang pemegang saham yang bertanya.                               There was 1 (one) shareholder raised questions.

 Hasil Pemungutan Suara                                                       Voting Results

          Setuju               Tidak Setuju               Abstain                      Agree                   Disagree                  Abstain

           2.011.243.758                       0                        0               2,011,243,758                         0                           0

                   100,00%                 0,00%                    0,00%                      100.00%                    0.00%                    0.00%
                                                                                                                                                                Tata Kelola Perusahaan
                                                                                                                                                                 Corporate Governance




 Keputusan                                                                    Resolutions
 Menyetujui seluruh laba tahun berjalan yang diatribusikan kepada Pemilik     Approved all profits for the year attributable to Owner of the Company for
 Perseroan untuk tahun buku 2022 sebesar Rp3,87 miliar dipergunakan           the 2022 fiscal year of Rp3.87 billion to be used for business development
 untuk dana pengembangan bisnis Perseroan, sehingga tidak ada                 funds of the Company, so that there is no dividend distribution in 2022
 pembagian dividen untuk tahun buku 2022.                                     fiscal year.

 Tindak Lanjut                                                                Follow up
 Telah selesai direalisasikan pada 2023.                                      Have been realized in 2023.
                                                                                                                                                                Laporan Keberlanjutan
                                                                                                                                                                 Sustainability Report




                                                                                                               2023 Integrated Annual Report              141
Page 144
PT Jakarta International Hotels & Development Tbk




             Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022.
                                                       Mata Acara Rapat Ketiga | Third Meeting Agenda

 Agenda                                                                        Agenda
 Penunjukan Akuntan Publik untuk melaksanakan audit Laporan Keuangan           Appointment of Public Accountant to audit the Financial Statements for the
 tahun buku 2023.                                                              2023 fiscal year.

 Jumlah pemegang saham yang mengajukan pertanyaan dan/atau                     Number of shareholders who raised questions and/or expressed opinions.
 memberikan pendapat.
 Tidak ada pemegang saham yang bertanya dan/atau memberikan pendapat.          No shareholder raised questions and/or expressed opinions

 Hasil Pemungutan Suara                                                        Voting Results

  Setuju                    Tidak Setuju               Abstain                          Agree                    Disagree                 Abstain

            2.011.243.758                         0                        0              2,011,243,758                          0                      0

                100,00%                      0,00%                     0,00%                    100.00%                       0.00%                 0.00%

 Keputusan                                                                     Resolutions
 1. Menunjuk kembali KAP Mirawati Sensi Idris untuk mengaudit Laporan          1. Reappointed Financial Accounting Firm Mirawati Sensi Idris to audit the
    Keuangan Konsolidasian Perseroan untuk tahun buku 2023;                       Company’s Consolidated Financial Statements of 2023 fiscal year;
 2. Menetapkan dan memberikan wewenang sepenuhnya kepada                       2. Determined and granted full authority to the Company’s Board of
    Direksi Perseroan untuk menetapkan honorarium, serta persyaratan-             Directors to determine honorarium, as well as other requirements in
    persyaratan lain sehubungan dengan penunjukan dan pengangkatan                relation to the selection and appointment of the Financial Accounting
    KAP tersebut; dan                                                             Firm; and
 3. Memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan,            3. Delegated power and authority to the Company’s Board of
    untuk menetapkan KAP pengganti yang telah terdaftar pada Otoritas             Commissioners to appoint subsitute Financial Accounting Firm that
    Jasa Keuangan, dalam hal KAP Mirawati Sensi Idris, karena sebab               has been registered in Financial Services Authority, in the event that
    apapun tidak dapat melaksanakan atau menyelesaikan audit atas                 Financial Accounting Firm Mirawati Sensi Idris for whatever reason is
    Laporan Keuangan Perseroan tahun buku 2023.                                   unable to carry out or complete the audit on the Company’s Financial
                                                                                  Statements of 2023 fiscal year.

 Tindak Lanjut                                                                 Follow up
 Akan diselesaikan pada kuartal I-2024.                                        Will be realized in the 1st quarter of 2024.

                                                      Mata Acara Rapat Keempat | Fourth Meeting Agenda

 Agenda                                                                        Agenda
 Penetapan remunerasi (gaji/honorarium dan tunjangan) Dewan Komisaris          Determination of remuneration (salary/honorarium and benefits) of the
 dan Direksi.                                                                  Board of Commissioners and Board of Directors.

 Jumlah pemegang saham yang mengajukan pertanyaan dan/atau                     Number of shareholders who raised questions and/or expressed opinions.
 memberikan pendapat.
 Tidak ada pemegang saham yang bertanya dan/atau memberikan pendapat.          No shareholder raised questions and/or expressed opinions.

 Hasil Pemungutan Suara                                                        Voting Results

           Setuju                  Tidak Setuju              Abstain                    Agree                    Disagree                 Abstain

            2.011.243.758                         0                        0              2,011,243,758                          0                      0

                100,00%                      0,00%                     0,00%                    100.00%                       0.00%                 0.00%

 Keputusan                                                                     Resolutions
 1. Menetapkan bahwa tidak ada kenaikan atas jumlah honorarium dan             1. Determined that there will be no increase in the amount of honorarium
    tunjangan bersih Dewan Komisaris Perseroan dan mulai berlaku sejak            and net benefits of the Board of Commissioners of the Company
    ditutupnya Rapat ini, yakni tanggal 27 Juni 2023 hingga penutupan             effectively from the closing of this Meeting, on July 27, 2023 until the
    Rapat Umum Pemegang Saham Tahunan yang diselenggarakan pada                   closing of the Annual General Meeting of Shareholders held in 2024 and
    tahun 2024, dan memberikan kewenangan kepada Dewan Komisaris                  authorize the Board of Commissioners to determine the distribution; and
    untuk menentukan pembagiannya; dan
 2. Memberikan kuasa dan wewenang kepada Dewan Komisaris Perseroan             2. Delegated power and authority to the Board of Commissioners of the
    untuk menetapkan jumlah gaji dan tunjangan anggota Direksi Perseroan,         Company to determine the amount of salary and benefits of the members
    dengan memperhatikan pendapat dari Rapat Fungsi Nominasi dan                  of the Board of Directors of the Company, taking into account the opinion
    Remunerasi Perseroan.                                                         of the Nomination and Remuneration Function Meeting of the Company.

 Tindak Lanjut                                                                 Follow up
 Direalisasikan sejak Juli 2023.                                               Have been realized since July 2023.

                                                       Mata Acara Rapat Kelima | Fifth Meeting Agenda

 Agenda                                                                        Agenda
 Perubahan susunan Pengurus.                                                   Changes to the Management Composition

 Jumlah pemegang saham yang mengajukan pertanyaan dan/atau                     Number of shareholders who raised questions and/or expressed opinions.
 memberikan pendapat.
 Tidak ada pemegang saham yang bertanya dan/atau memberikan pendapat.          No shareholder raised questions and/or expressed opinions.

 Hasil Pemungutan Suara                                                        Voting Results

           Setuju                  Tidak Setuju              Abstain                    Agree                    Disagree                 Abstain

            2.011.243.758                         0                        0              2,011,243,758                          0                      0
               100,00%                       0,00%                     0,00%                    100.00%                       0.00%                 0.00%




142     Laporan Tahunan Terintegrasi 2023
Page 145
                                                                                                        Integrating Excellence for Sustainability




            Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2022.




                                                                                                                                                                 Prologue
                                                                                                                                                                  Prolog
Keputusan                                                                      Resolutions
1. Menyetujui dan menerima dengan baik pengunduran diri Bapak Teuku            1. Approved and accepted the resignation of Mr. Teuku Ashikin Husein as
   Ashikin Husein sebagai komisaris efektif sejak ditutupnya rapat ini, dan       a commissioner effectively since the closing of this meeting, and express
   menyampaikan terima kasih yang sebesar-besarnya atas kontribusi beliau         our gratitude for his contributions while serving as a member of the Board
   selama menjabat sebagai anggota Dewan Komisaris;                               of Commissioners;




                                                                                                                                                                 Performamnce Highlights
2. Menyetujui memberhentikan dengan hormat Bapak Arpin Wiradisastra            2. Approved to respectfully dismiss Mr. Arpin Wiradisastra as the Company’s
   sebagai Presiden Direktur Perseroan, efektif sejak ditutupnya rapat ini        President Director, effectively since the closing of this meeting with our




                                                                                                                                                                      Ikhtisar Kinerja
   dengan ucapan terima kasih atas kontribusi Bapak selama menjabat               utmost gratitude for his contributions while serving as a member of the
   sebagai anggota Direksi Perseroan;                                             Board of Directors;
3. Menyetujui mengangkat Bapak Santoso Gunara sebagai Presiden                 3. Approved to appoint Mr. Santoso Gunara as a President Director
   Direktur efektif sejak ditutupnya rapat ini, dan berakhir saat ditutupnya      effectively since the closing of this meeting until the closing of the 5th
   RUPS Tahunan ke-5 (kelima) setelah tanggal pengangkatannya, dengan             (fifth) Annual GMS after his appointment, without prejudice to the rights of
   tidak mengurangi hak RUPS untuk menghentikannya sewaktu-waktu;                 GMS to dismiss him at any time;
4. Dengan demikian susunan Dewan Komisaris dan Direksi Perseroan               4. Therefore, the composition of the Company’s Board of Commissioners
   adalah sebagai berikut:                                                        and Board of Directors is as follows:
   Dewan Komisaris:                                                               Board of Commissioners:




                                                                                                                                                                 Laporan Manajemen
                                                                                                                                                                 Management Report
   Presiden Komisaris		            : Sugianto Kusuma                              President Commissioner 		                     : Sugianto Kusuma
   Wakil Presiden Komisaris        : Tomy Winata                                  Vice- President Commissioner 		               : Tomy Winata
   Wakil Presiden Komisaris        : Hartono Tjahjadi Adiwana                     Vice- President Commissioner 		               : Hartono Tjahjadi Adiwana
   Komisaris Independen            : Ku Siew Kuan                                 Independent Commissioner         		           : Ku Siew Kuan
   Komisaris Independen            : Lidwina Ong                                  Independent Commissioner         		           : Lidwina Ong

   Direksi :                                                              Board of Directors:
   Presiden Direktur		          : Santoso Gunara                          President Director			                        : Santoso Gunara
   Direktur			                  : Lanny Pujilestari Liga                  Director			: Lanny Pujilestari Liga
   Direktur			                  : Agung Rin Prabowo                       Director			: Agung Rin Prabowo




                                                                                                                                                                 Profil Perusahaan
   Direktur			                  : Hendi Lukman                            Director			: Hendi Lukman




                                                                                                                                                                  Company Profile
   Direktur			                  : Tony Soesanto                           Director			: Tony Soesanto
   Direktur			                  : Hendra Kurniawan                        Director			: Hendra Kurniawan
5. Memberikan kuasa kepada Direksi Perseroan, baik bersama-sama maupun 5. Delegated authority to the Company’s Board of Directors, either
   sendiri-sendiri dengan hak substitusi untuk menyatakan keputusan       collectively or individually with substitution rights to announce the
   Rapat berkenaan dengan perubahan susunan Dewan Komisaris dan           Meeting resolutions related to the change in the composition of the
   Direksi Perseroan dalam akta Notaris dan selanjutnya menyampaikan      Company’s Board of Commissioners and Board of Directors in a Notarial
   pemberitahuan perubahan susunan Direksi Perseroan tersebut kepada      Deed and then notify the changes to the Ministry of Justice and Human
   Menteri Hukum dan Hak Asasi Manusia Republik Indonesia, dan            Rights of the Republic of Indonesia, and to carry out any necessary actions
   melakukan segala tindakan yang diperlukan sesuai dengan peraturan      in accordance with the prevailing laws and regulations.




                                                                                                                                                                 Analisis dan Pembahasan Manajemen
                                                                                                                                                                  Management Discussion and Analysis
   perundang-undangan yang berlaku.

Tindak Lanjut                                                                  Follow Up
Perubahan susunan pengurus telah dinyatakan dalam akta Pernyataan              Changes in the management composition have been stated in the Deed of
Keputusan Rapat No. 45 tanggal 27 Juni 2023, yang dibuat oleh Notaris          Meeting Resolution No. 45 dated June 27, 2023, made by Notary Mochamad
Mochamad Nova Faisal, S.H., M.Kn., yang pemberitahuannya telah                 Nova Faisal, S.H., M.Kn., which notification has been received by the Minister
diterima oleh Menteri Hukum dan Hak Asasi Manusia sesuai Penerimaan            of Justice and Human Rights in accordance with the Acceptance of Notification
Pemberitahuan Data Perseroan PT Jakarta International Hotels &                 of Company Data of PT Jakarta International Hotels & Development No. AHU-
Development Tbk No. AHU-AH.01.09-0143324, dan telah didaftarkan dalam          AH.01.09-0143324, and has been registered in the Company Register in
Daftar Perseroan sesuai dengan UUPT No. AHU-0139591.AH.01.11 TAHUN             accordance with the Company Law No. AHU-0139591.AH.01.11 TAHUN 2023
2023 tanggal 24 Juli 2023.                                                     dated July 24, 2023.


RUPST Tahun Buku 2021                                                            Fiscal Year of 2021 AGMS
Keputusan-keputusan RUPST Tahun Buku 2021 telah dituangkan                       The resolutions of the AGMS for the 2021 Fiscal Year have been
dalam sebuah ringkasan risalah, yang telah diumumkan dan                         set forth in the minutes summary of the 2021 Fiscal Year AGMS
dipublikasikan pada website-website: Perseroan, Bursa Efek                       resolutions, which have been announced and published on the




                                                                                                                                                                 Human Capital
                                                                                                                                                                 Human Capital
Indonesia (BEI), dan Kustodian Sentral Efek Indonesia (KSEI) pada                website of the Company, Indonesia Stock Exchange (IDX), and
25 Juli 2022. Selanjutnya dituangkan dalam akta No. 09 tanggal                   Indonesia Central Securities Depository (KSEI) on July 25, 2022.
25 Juli 2022 dari Notaris Mochamad Nova Faisal, S.H. M.Kn., serta                Then the minutes are set forth in deed No. 09 dated July 25,2022
telah dilaporkan kepada OJK pada 24 Agustus 2022. Penjelasan                     from notary Mochamad Nova Faisal, S.H. M.Kn., and has been
atas setiap mata acara RUPST tersebut tercantum di bawah ini, dan                reported to OJK on August 24, 2022. Explanation on each AGMS
seluruhnya telah direalisasikan.                                                 agenda is presented bellow, and all of them have been realized.                 Tata Kelola Perusahaan
                                                                                                                                                                  Corporate Governance



            Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021.
                                                   Mata Acara Rapat Pertama | First Meeting Agenda

Agenda                                                                Agenda
Persetujuan Laporan Tahunan, termasuk Pengesahan Laporan Keuangan, Approval of the Annual Report, including Ratification of the Financial
serta Laporan Tugas Pengawasan Dewan Komisaris untuk tahun buku 2021. Statements, as well as the Board of Commissioners Supervisory Report for
                                                                      the 2021 fiscal year.

Keputusan                                                                Resolutions
1. Menerima dengan baik dan menyetujui Laporan Tahunan Perseroan 1. Accepted and approved the Company’s Annual Report on the Company’s
   tentang kegiatan Perseroan untuk tahun buku 2021, termasuk Laporan       activities for the 2021 fiscal year, including the Board of Commissioners’
   Pengawasan Dewan Komisaris untuk tahun buku 2021; dan                    Supervisory Report for the 2021 fiscal year; and
                                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                                  Sustainability Report




2. Menerima dan mengesahkan Laporan Keuangan Konsolidasian Perseroan 2. Received and ratified the Company’s Consolidated Financial Statements
   untuk tahun buku yang berakhir pada tanggal 31 Desember 2021 yang        for the financial year ended December 31, 2021, audited by Mirawati Sensi
   telah diaudit oleh Kantor Akuntan Publik Mirawati Sensi Idris dengan     Idris Public Accounting Firm with report No. 00587/2.1090/AU.1/03/1284-
   laporannya No. 00587/2.1090/AU.1/03/1284-1/1/IV/2022 tanggal 25 April    1/1/IV/2022 dated April 25, 2022 with an Unmodified opinion.
   2022 dengan opini Tanpa Modifikasian.




                                                                                                                2023 Integrated Annual Report             143
Page 146
PT Jakarta International Hotels & Development Tbk




             Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021.
 Tindak Lanjut                                                              Follow Up
 Telah selesai direalisasikan pada 2022.                                    Have been realized in 2022

                                                 Mata Acara Rapat Kedua | Second Meeting Agenda

 Agenda                                                                     Agenda
 Penetapan penggunaan Laba Bersih Perseroan untuk tahun buku 2021.          Determination of the use of the Company’s Net Profits of the 2021 financial
                                                                            year.

 Keputusan                                                                  Resolutions
 Menyetujui bahwa tidak ada pembagian dividen untuk tahun buku 2021         Approved that there will be no dividend distribution for the 2021 fiscal
 dikarenakan posisi laporan keuangan Perseroan pada tahun 2021 masih        year since the position of the Company’s financial statements in 2021 still
 mengalami kerugian.                                                        experiencing losses.

 Tindak Lanjut                                                              Follow Up
 Telah selesai direalisasikan pada 2022.                                    Have been realized in 2022

                                                  Mata Acara Rapat Ketiga | Third Meeting Agenda

 Agenda                                                                     Agenda
 Penunjukan Akuntan Publik untuk melaksanakan audit Laporan Keuangan        Appointment of Public Accountant to audit the Financial Statements for the
 tahun buku 2022;                                                           2022 fiscal year;

 Keputusan                                                                  Resolutions
 1. Menunjuk kembali Kantor Akuntan Publik Mirawati Sensi Idris untuk       1. Reappointed Mirawati Sensi Idris Public Accounting Firm to audit the
    mengaudit Laporan Keuangan Konsolidasian Perseroan untuk tahun             Company’s Consolidated Financial Statements for the fiscal year ending
    buku yang berakhir pada tanggal 31 Desember 2022 dan/atau Kantor           on December 31, 2022 and/or a replacement Public Accounting Firm, if
    Akuntan Publik Pengganti, jika Kantor Akuntan Publik yang ditunjuk         the appointed Public Accounting Firm is unable to perform or continue
    tersebut tidak dapat melaksanakan atau melanjutkan tugasnya karena         its duties due to any reason including failure to reach an agreement on
    sebab apapun termasuk tidak tercapainya kesepakatan mengenai jasa          audit services and/or capital market regulations.
    audit dan/atau peraturan perundang-undangan di pasar modal.
 2. Menetapkan honorarium serta persyaratan-persyaratan lain sehubungan     2. Determined the honorarium and other requirements in connection with
    dengan penunjukan dan pengangkatan Kantor Akuntan Publik tersebut.         the appointment and appointment of the Public Accounting Firm.

 Tindak Lanjut                                                              Follow Up
 Telah diselesaikan pada kuartal I-2023.                                    Will be completed in the first quarter of 2023.

                                                Mata Acara Rapat Keempat | Fourth Meeting Agenda

 Agenda                                                                     Agenda
 Penetapan remunerasi (gaji/honorarium dan tunjangan) Dewan Komisaris       Determination of remuneration (salary/honorarium and benefits) of the
 dan Direksi.                                                               Board of Commissioners and Board of Directors.

 Keputusan                                                                  Resolutions
 1. Menetapkan bahwa tidak ada kenaikan atas jumlah honorarium dan          1. Determined that there will be no increase in the amount of honorarium
    tunjangan bersih Dewan Komisaris Perseroan dan mulai berlaku sejak         and net benefits of the Board of Commissioners of the Company with
    ditutupnya Rapat ini, yakni tanggal 25 Juli 2022 hingga penutupan          effect from the closing of this Meeting, namely July 25, 2022 until the
    Rapat Umum Pemegang Saham Tahunan yang diselenggarakan pada                closing of the Annual General Meeting of Shareholders held in 2023 and
    tahun 2023 dan memberikan kewenangan kepada Dewan Komisaris                authorize the Board of Commissioners to determine the distribution; and
    untuk menentukan pembagiannya; dan
 2. Memberikan kuasa dan wewenang kepada Dewan Komisaris Perseroan          2. Granted power and authority to the Board of Commissioners of the
    untuk menetapkan jumlah gaji dan tunjangan anggota Direksi Perseroan,      Company to determine the amount of salary and benefits of the
    dengan memperhatikan pendapat dari Rapat Fungsi Nominasi dan               members of the Board of Directors of the Company, taking into account
    Remunerasi Perseroan.                                                      the opinion of the Nomination and Remuneration Committee Meeting
                                                                               of the Company.

 Tindak Lanjut                                                              Follow up
 Direalisasikan sejak Agustus 2022.                                         Have been realized since August 2022.

                                                  Mata Acara Rapat Kelima | Fifth Meeting Agenda

 Agenda                                                                     Agenda
 Perubahan susunan Pengurus                                                 Changes in the Management composition




144     Laporan Tahunan Terintegrasi 2023
Page 147
                                                                                                      Integrating Excellence for Sustainability




             Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021 | Keputusan dan Tindak Lanjut RUPST Tahun Buku 2021.




                                                                                                                                                               Prologue
                                                                                                                                                                Prolog
Keputusan                                                          Resolutions
1. Menyetujui tidak ada perubahan Dewan Komisaris dan Direksi 1. Approved that there is no changes to the Company’s Board of
   Perseroan.                                                         Commissioners and Board of Directors.
2. Menegaskan susunan Dewan Komisaris dan Direksi Perseroan adalah 2. Reconfirmed the composition of the Company’s Board of Commissioners
   sebagai berikut:                                                   and Board of Directors as follows:




                                                                                                                                                               Performamnce Highlights
   Dewan Komisaris:                                                   Board of Commissioners




                                                                                                                                                                    Ikhtisar Kinerja
   Presiden Komisaris		     : Sugianto Kusuma                         President Commissioner 		              : Sugianto Kusuma
   Wakil Presiden Komisaris : Tomy Winata                             Vice President Commissioner 		         : Tomy Winata
   Wakil Presiden Komisaris : Hartono Tjahjadi Adiwana                Vice President Commissioner		          : Hartono Tjahjadi Adiwana
   Komisaris		              : Teuku Ashikin Husein                    Commissioner 			                       : Teuku Ashikin Husein
   Komisaris Independen     : Ku Siew Kuan                            Independent Commissioner 		            : Ku Siew Kuan
   Komisaris Independen     : Lidwina Ong                             Independent Commissioner 		            : Lidwina Ong

     Direksi :                                                                  Board of Directors
     Presiden Direktur		         : Arpin Wiradisastra                           President Director 			 : Arpin Wiradisastra
     Direktur		                  : Lanny Pujilestari Liga                       Director 			 : Lanny Pujilestari Liga




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
     Direktur		                  : Agung Rin Prabowo                            Director 			 : Agung Rin Prabowo
     Direktur		                  : Hendi Lukman                                 Director 			 : Hendi Lukman
     Direktur		                  : Tony Soesanto                                Director 			 : Tony Soesanto
     Direktur		                  : Hendra Kurniawan                             Director 			 : Hendra Kurniawan

3.   Memberi kuasa kepada Direksi Perseroan baik bersama-sama maupun 3.         Delegated authority to the Board of Directors of the Company either
     sendiri-sendiri dengan hak substitusi untuk menyatakan keputusan Rapat     collectively or individually with the right of substitution to state the
     ini dalam akta Notaris dan selanjutnya memberitahukan perubahan data       resolutions of this Meeting in a Notarial deed and subsequently notify
     Perseroan kepada Menteri Hukum dan Hak Asasi Manusia Republik              the changes in the Company’s data to the Minister of Justice and Human
     Indonesia, dan melakukan segala tindakan yang diperlukan sesuai            Rights of the Republic of Indonesia, and take all necessary actions in




                                                                                                                                                               Profil Perusahaan
                                                                                                                                                                Company Profile
     dengan peraturan perundangan yang berlaku.                                 accordance with prevailing laws and regulations.

Tindak Lanjut                                                               Follow up
Penegasan susunan pengurus telah dinyatakan dalam Akta Pernyataan           Changes in the management composition have been stated in the Deed of
Keputusan Rapat No. 03 tanggal 18 Agustus 2022, yang dibuat oleh            Meeting Resolution No. 03 dated August 18, 2022, made by Notary Mochamad
Notaris Mochamad Nova Faisal, S.H., M.Kn., yang pemberitahuannya telah      Nova Faisal, S.H., M.Kn., which notification has been received by the Minister
diterima oleh Menteri Hukum dan Hak Asasi Manusia sesuai Penerimaan         of Justice and Human Rights in accordance with the Acceptance of Notification
Pemberitahuan Perubahan Data Perseroan PT Jakarta International Hotels &    of Company Data of PT Jakarta International Hotels & Development Tbk No.
Development Tbk No. AHU-AH-01.09-0046744 dan telah didaftarkan dalam        AHU-AH-01.09-0046744 and has been registered in the Company Register in
Daftar Perseroan sesuai dengan UUPT No. AHU-0165166.AH.01.11.Tahun          accordance with the Company Law No. AHU-0165166.AH.01.11 dated August




                                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                                Management Discussion and Analysis
2022 tanggal 23 Agustus 2022.                                               23, 2022.


RUPSLB Tahun 2023                                                             2023 EGMS
RUPSLB Tahun 2023 diadakan untuk meminta persetujuan                          The 2023 EGMS was held to request approval from shareholders for
dari pemegang saham untuk mata acara tunggal perubahan                        the amendment of the Company’s Articles of Association to adapt
anggaran dasar Perseroan terkait dengan penyesuaian Klasifikasi               with the Indonesian Standard of Industrial Classification (KBLI),
Baku Lapangan Usaha Indonesia (KBLI), Peraturan Otoritas Jasa                 the Financial Services Authority Regulation No. 14/POJK.04/2022
Keuangan No. 14/POJK.04/2022 tentang Penyampaian Laporan                      concerning the Submission of Periodic Financial Statements by
Keuangan Berkala Emiten atau Perusahaan Publik dan Penyesuaian                Issuers and Public Companies and the Adaptation to the POJK No.
dengan POJK No. 31/POJK.04/2015 tentang Keterbukaan Atas                      31/POJK.04/2015 conerning Disclosure of Material Information or
Informasi atau Fakta Material oleh Emiten atau Perusahaan Publik.             Facts by Issuers or Public Companies.

Keputusan-keputusan RUPSLB Tahun 2023 telah dituangkan                        The 2023 EGMS resolutions have been set forth in the minutes
dalam ringkasan risalah keputusan RUPSLB Tahun 2023, yang                     summary of the 2023 EGMS resolutions, which have been




                                                                                                                                                               Human Capital
                                                                                                                                                               Human Capital
telah diumumkan dan dipublikasikan pada website-website:                      announced and published on the website of the Company,
Perseroan, Bursa Efek Indonesia (BEI), dan Kustodian Sentral                  Indonesia Stock Exchange (IDX), and Indonesia Central Securities
Efek Indonesia (KSEI) pada 27 Juni 2023. Selanjutnya, dituangkan              Depository (KSEI) on July 27, 2023. Then, the minutes are set forth
dalam akta No. 40 tanggal 20 Juni 2023, yang dibuat oleh Notaris              in deed No. 40 dated June 20, 2023 from notary Mochamad Nova
Mochamad Nova Faisal, S.H., M.Kn., serta telah dilaporkan kepada              Faisal, S.H. M.Kn., and have been reported to OJK with letter No.
OJK dengan surat No. 0143/HIR-DIR/JIHD/VII tanggal 25 Juli 2023.              0143/HIR-DIR/JIHD/VII dated July 25, 2023.                                       Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance



                     Keputusan dan Tindak Lanjut RUPSLB Tahun 2023 | Resolution and Follow Up of the 2023 EGMS
                                                     Mata Acara Rapat Tunggal | Meeting Agenda

Agenda                                                                      Agenda
Perubahan Anggaran Dasar terkait dengan penyesuaian Klasifikasi Baku        Amendment of Articles of Association to adapt with the Indonesian Standard
Lapangan Usaha Indonesia (KBLI), Peraturan Otoritas Jasa Keuangan No. 14/   of Industrial Classification (KBLI), the Financial Services Authority Regulation
POJK.04/2022 tentang Penyampaian Laporan Keuangan Berkala Emiten atau       No. 14/POJK.04/2022 concerning the Submission of Periodic Financial
Perusahaan Publik dan Penyesuaian dengan POJK No. 31/POJK.04/2015           Statements by Issuers and Public Companies and the Adaptation to the POJK
tentang Keterbukaan Atas Informasi atau Fakta Material oleh Emiten atau     No. 31/POJK.04/2015 conerning Disclosure of Material Information or Facts by
Perusahaan Publik.                                                          Issuers or Public Companies.

Jumlah pemegang saham yang mengajukan pertanyaan dan/atau Number of shareholders who raised questions and/or expressed opinions.
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




memberikan pendapat.
Tidak ada pemegang saham yang bertanya dan/atau memberikan pendapat. No shareholder raised questions and/or expressed opinions.




                                                                                                              2023 Integrated Annual Report             145
Page 148
PT Jakarta International Hotels & Development Tbk


                     Keputusan dan Tindak Lanjut RUPSLB Tahun 2023 | Resolution and Follow Up of the 2023 EGMS
Hasil Pemungutan Suara                                                       Voting Results

         Setuju                Tidak Setuju               Abstain                       Agree                   Disagree                  Abstain

           2.011.139.252                   6.806                        0                2,011,139,252                     6,806                         0

         99,99966159%              0,00033841%                      0,00%              99.99966159%               0.00033841%                       0,00%

Keputusan                                                                  Resolutions
1. Menyetujui mengubah Pasal dan Ayat dalam Anggaran Dasar Perseroan 1. Approved the amendment of Articles and Paragraphs of the Company’s
   terkait dengan:                                                            Articles of Association in relation to:
   a. Perubahan ketentuan Pasal 3 Anggaran Dasar Perseroan dalam rangka       a. Amendment to Article 3 of the Company’s Articles of Association in
       penyesuaian dengan Peraturan Badan Pusat Statistik No. 2 Tahun             order to adapt with the Central Statistics Bureau Regulation No. 2
       2020 tentang Klasifikasi Baku Lapangan Usaha Indonesia (KBLI);             Year 2020 concerning Indonesian Standard of Industiral Classification
   b. Perubahan ketentuan Pasal 25 ayat 11 Anggaran Dasar Perseroan               (KBLI);
       dalam rangka penyesuaian dengan Peraturan Otoritas Jasa Keuangan       b. Amendment to Article 25 paragraph 11 of the Company’s Articles of
       No. 14/POJK.04/2022 tentang Penyampaian Laporan Keuangan                   Association in order to adapt with the Financial Services Authority
       Berkala Emiten atau Perusahaan Publik;                                     Regulation No. 14/POJK.04/2022 concerning the Submission of
   c. Penyesuaian dengan Peraturan Otoritas Jasa Keuangan No. 31/                 Periodic Financial Statements by Issuers and Public Companies;
       POJK.04/2015 tentang Keterbukaan Atas Informasi Atau Fakta Material    c. Adaptation to the POJK No. 31/POJK.04/2015 conerning Disclosure of
       oleh Emiten atau Perusahaan Publik, sekaligus menyatakan kembali           Material Information or Facts by Issuers or Public Companies, as well as
       seluruh Anggaran Dasar Perseroan untuk mempermudah membaca                 restating all of the Company’s Articles of Association to make it easier
       Anggaran Dasar Perseroan.                                                  to read.
2. Memberi kuasa kepada Direksi Perseroan untuk mengubah Anggaran
   Dasar Perseroan sehubungan dengan Keputusan yang pertama tersebut 2. Delegated authority to the Company’s Board of Directors to amend the
   di atas, termasuk menyusun kembali seluruh Anggaran Dasar Perseroan,       Company’s Articles of Association in relation to the first Resolution above,
   memohon persetujuan dan/atau memberitahukan perubahan Anggaran             including to rearrange all of the Company’s Articles of Association, to
   Dasar Perseroan kepada Menteri Hukum dan Hak Asasi Manusia Republik        request approval and/or notify the changes of the Company’s Articles of
   Indonesia serta melakukan segala sesuatu yang baik dan berguna sesuai      Association to the Minister of Justice and Human Rights of the Republic
   dengan peraturan perundangan-undangan yang berlaku bagi Perseroan.         of Indonesia as well as to carry out everything that is good and beneficial
                                                                              in accordance with the laws and regulations applicable to the Company.

Tindak Lanjut                                                                Follow Up
Perubahan anggaran dasar telah dinyatakan dalam akta Pernyataan              The amendments of the articles of association has been set forth in a Deed
Keputusan Rapat dan Perubahan Anggaran Dasar No. 25 tanggal 20 Juli          of Meeting Resolution and the Amendment to Articles of Association No.
2023, yang dibuat oleh Notaris Mochamad Nova Faisal, S.H., M.Kn., yang       25 dated July 20, 2023, made by Notary Notaris Mochamad Nova Faisal,
pemberitahuannya telah diterima oleh Menteri Hukum dan Hak Asasi Manusia     S.H., M.Kn., and the notification has been received by the Minister of
sesuai Penerimaan Pemberitahuan Data Perseroan PT Jakarta International      Justice and Human Rights in accordance with the Receipt of Company Data
Hotels & Development Tbk No. AHU-AH.01.03-0095611 tanggal 24 Juli 2023,      Information of PT Jakarta International Hotels & Development Tbk No. AHU-
dan telah disetujui dengan Keputusan Menteri Hukum dan Hak Asasi Manusia     AH.01.03-0095611 dated July 24, 2023, which has been approved by the
Republik Indonesia No. AHU-0042363.AH.01.02.TAHUN 2023 tanggal 24 Juli       Minister of Justice and Human Rights of the Republic of Indonesia Decree No.
2023.                                                                        AHU-0042363.AH.01.02.TAHUN 2023 dated July 24, 2023.


RUPSLB Tahun 2022                                                               2022 EGMS
RUPSLB Tahun 2022 telah menyetujui mata acara perubahan                         The 2022 EGMS has approved the agenda of amendment to the
anggaran dasar Perseroan, dan selanjutnya ditindaklanjuti menjadi               Company’s Articles of Association, and subsequently followed
akta Pernyataan Keputusan Rapat dan Perubahan Anggaran                          up into deed of Meeting Resolution and Amendment to Articles
Dasar No. 05 tanggal 23 Agustus 2022 yang dibuat oleh Notaris                   of Association No. 05 dated August 23, 2022 made by Notary
Mochamad Nova Faisal, S.H., M.Kn.                                               Mochamad Nova Faisal, S.H., M.Kn.


                     Keputusan dan Tindak Lanjut RUPSLB Tahun 2022 | Resolution and Follow Up of the 2022 EGMS
                                                      Mata Acara Rapat Tunggal | Meeting Agenda

Agenda                                                                       Agenda
Perubahan Anggaran Dasar untuk disesuaikan memenuhi Klasifikasi Baku         Amendment to the Articles of Association to be adjusted to meet the
Lapangan Usaha Indonesia 2020 (“KBLI 2020”) dan memenuhi persyaratan         Indonesian Standard Industrial Classification 2020 (“KBLI 2020”) and fulfill the
Perizinan Daring Terpadu dengan Pendekatan Perizinan Berbasis Risiko         requirements of the Integrated Online Licensing with Risk-Based Licensing
(“OSS RBA”).                                                                 Approach (“OSS RBA”).

Keputusan                                                                 Resolutions
1. Menyetujui perubahan maksud dan tujuan, serta kegiatan usaha Perseroan 1. Approved the amendment of the purposes and objectives, as well as
   dalam rangka penyesuaian dan pemenuhan ketentuan tentang Klasifikasi      the business activities of the Company in order to adjust and fulfill the
   Baku Lapangan Usaha Indonesia 2020 (“KBLI 2020”), karenanya               provisions of the Indonesian Standard Industrial Classification 2020
   mengubah Pasal 3 Anggaran Dasar Perseroan.                                (“KBLI 2020”), therefore amending Article 3 of the Company’s Articles of
2. Memberi kuasa kepada Direksi Perseroan untuk mengubah Anggaran            Association.
   Dasar Perseroan sehubungan dengan Keputusan yang pertama tersebut 2. Delegated authority to the Company’s Board of Directors to amend the
   di atas, termasuk menyusun kembali seluruh Anggaran Dasar Perseroan,      Company’s Articles of Association in relation to the first Resolution above,
   memohon persetujuan dan/atau memberitahukan perubahan Anggaran            including to rearrange all of the Company’s Articles of Association, to
   Dasar Perseroan kepada Menteri Hukum dan Hak Asasi Manusia Republik       request approval and/or notify the changes of the Company’s Articles of
   Indonesia serta melakukan segala sesuatu yang baik dan berguna sesuai     Association to the Minister of Justice and Human Rights of the Republic
   dengan peraturan perundangan-undangan yang berlaku bagi Perseroan.        of Indonesia as well as to carry out everything that is good and beneficial
                                                                             in accordance with the laws and regulations applicable to the Company.

Tindak Lanjut                                                                Follow up
Perubahan anggaran dasar telah dinyatakan dalam Akta Pernyataan              The amendment to the articles of association has been stated in the Deed of
Keputusan Rapat dan Perubahan Anggaran Dasar No. 05 tanggal 23 Agustus       Meeting Resolution No. 05 dated August 23, 2022 made by Notary Mochamad
2022 yang dibuat oleh Notaris Mochamad Nova Faisal, S.H., M.Kn., yang        Nova Faisal, S.H., M.Kn., which notification has been received by the Minister
pemberitahuannya telah diterima oleh Menteri Hukum dan Hak Asasi Manusia     of Justice and Human Rights in accordance with the Receipt of Company
sesuai Penerimaan Pemberitahuan Data Perseroan PT Jakarta International      Data Information of PT Jakarta International Hotels & Development Tbk No.
Hotels & Development Tbk No. AHU-AH.01.03-0282704 tanggal 24 Agustus         AHU-AH.01.03-0282704 dated August 24, 2022, and has been approved by
2022, dan telah disetujui dengan Keputusan Menteri Hukum dan Hak Asasi       the Decree of the Minister of Justice and Human Rights of the Republic of
Manusia Republik Indonesia No. AHU-0060254.AH.01.02.TAHUN2022                Indonesia No. AHU-0060254.AH.01.02.TAHUN2022 dated August 24, 2022.
tanggal 24 Agustus 2022.




146     Laporan Tahunan Terintegrasi 2023
Page 149
                                                                                                   Integrating Excellence for Sustainability




Direksi




                                                                                                                                                    Prologue
                                                                                                                                                     Prolog
Board of Directors [GRI 2-11, 2-12]




                                                                                                                                                    Performamnce Highlights
Direksi Perseroan sesuai dengan Anggaran Dasar bertanggung                   According the Articles of Association, the Company’s Board




                                                                                                                                                         Ikhtisar Kinerja
jawab penuh atas pengelolaan, serta berwenang mewakili baik di               of Directors is fully responsible to the management, as well as
dalam maupun di luar pengadilan untuk kepentingan perusahaan.                authorized to represent the Company both inside and outside of
Direksi diharuskan menjunjung tinggi sikap profesional, objektif,            the court for the Company’s interests. The Board of Directors is
berpikiran strategis, mengedepankan kepentingan perusahaan                   required to uphold professional behaviour, objectiveness, strategic
agar dapat memberi dan meningkatkan nilai tambah untuk                       thinking, and has to prioritize the Company’s interests in order to
keberlanjutan usaha.                                                         be able to provide and increase added value for the sustainability
                                                                             of the Company’s businesses.




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
Piagam Direksi                                                               Board of Directors Charter
Piagam Direksi Perseroan terbaru telah ditetapkan pada 23                    The latest Board of Directors’ Charter of the Company was
Desember 2022. Piagam Direksi merupakan pedoman dan tata                     established on December 23, 2022. The Charter is contains work
laksana kerja Direksi, yang disusun secara best practises merujuk            guidelines and procedures for the Board of Directors, which was
pada ketentuan peraturan perundang-undangan yang berlaku.                    prepared based on best practices referring to the prevailing laws
                                                                             and regulations.




                                                                                                                                                    Profil Perusahaan
                                                                                                                                                     Company Profile
                                          1. Pendahuluan                                       1. Introduction
                                             a. Landasan Hukum                                    a. Legal Basis
                                             b. Definisi                                          b. Definition
                                             c. Piagam Direksi                                    c. Board of Directors’ Charter
                                             d. Maksud dan Tujuan                                 d. Purpose and Objective
                                          2. Keanggotaan                                       2. Membership
                                             a. Komposisi dan Struktur                            a. Composition and Structure
                                             b. Persyaratan Keanggotaan                           b. Membership Requirements
                                             c. Pengangkatan, Pemberhentian dan Penggantian       c. Appointment, Dismissal and Replacement




                                                                                                                                                    Analisis dan Pembahasan Manajemen
                                                                                                                                                     Management Discussion and Analysis
                                             d. Pengunduran Diri dan Pemberhentian Sementara      d. Resignation and Temporary Dismissal
                                             e. Rangkap Jabatan                                   e. Concurrent Positionsn
                                          3. Tugas, Tanggung Jawab dan Wewenang                3. Duties, Responsibilities and Authorities
                                             a. Tugas                                             a. Duties
           Piagam Direksi                    b. Tanggung Jawab                                    b. Responsibilities
                                             c. Wewenang                                          c. Authorities
              Board of                    4. Kebijakan Rapat                                   4. Meeting Policy
              Directors                      a. Jadwal                                            a. Schedule
              Charter                        b. Ketentuan Penyelenggaraan                         b. Meeting Requirements
                                             c. Pengambilan Keputusan                             c. Decision Making
                                          5. Tata Kelola                                       5. Governance
                                             a. Transparansi                                      a. Transparency
                                             b. Pedoman dan Kode Etik                             b. Guidelines and Code of Conduct
                                             c. Waktu Kerja, Cuti dan Berhalangan Sementara       c. Working Time, Leave and Temporary
                                             d. Remunerasi                                        d. Remuneration
                                             e. Program Orientasi dan Pelatihan                   e. Orientation and Training Programs
                                             f. Pelaporan dan Pengungkapan                        f. Reporting and Disclosure
                                          6. Evaluasi Kinerja                                  6. Performance Evaluation
                                          7. Penutup                                           7. Closing

                                          Diperbarui pada 23 Desember 2022




                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
                                          Updated on December 23, 2022




Keanggotaan                                                                  Membership
Kriteria Pemilihan dan Pengangkatan Direksi                                  Criteria for Selection and Appointment of Directors
                                                                                                                                                    Tata Kelola Perusahaan
                                                                                                                                                     Corporate Governance




Kriteria persyaratan untuk pemilihan dan pengangkatan Direksi                The criteria in the selection and appointment of the Company’s
Perseroan tercantum dalam Pasal 19 ayat 3 Anggaran Dasar.                    Board of Directors are stipulated in Article 19 paragraph 3 of the
Pemenuhan persyaratan tersebut wajib dinyatakan dalam surat                  Articles of Association. The fulfillment of these criteria must be
pernyataan, yang disampaikan kepada Perseroan untuk diteliti dan             stated in a statement letter, which is submitted to the Company to
selanjutnya didokumentasikan.                                                be identified and then documented.
                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                     Sustainability Report




                                                                                                           2023 Integrated Annual Report      147
Page 150
PT Jakarta International Hotels & Development Tbk




                                        1. Memiliki    keahlian,  integritas,  kepemimpinan,         1. Possess expertise, integrity, leadership, experience,
                                           pengalaman, jujur, dan perilaku yang baik,                   honesty, and good behavior, as well as high dedication
                                           serta dedikasi tinggi untuk memajukan dan                    to advance and develop the Company.
                                           mengembangkan Perseroan.
                                        2. Cakap melakukan perbuatan hukum.                          2. Capable in performing legal actions.
                                        3. Dalam 5 (lima) tahun sebelum pengangkatan dan             3. Within 5 (five) years prior to appointment and during the
                                           selama menjabat:                                             term of office:
                                           • tidak pernah dinyatakan pailit;                            • as never been declared bankrupt;
                                           • tidak pernah menjadi anggota Direksi dan/atau              • never been a member of the Board of Directors
                                              anggota Dewan Komisaris yang dinyatakan                       and/or a member of the Board of Commissioners
                                              bersalah, dan menyebabkan suatu perusahaan                    who was found guilty, and caused a company to be
                                              dinyatakan pailit;                                            declared bankrupt;
                                           • tidak pernah dihukum karena tindakan pidana                • never been convicted of a criminal offense that is
                                              yang merugikan keuangan negara, dan/atau yang                 detrimental to state finances, and/or related to the
                                              berkaitan dengan sektor keuangan; dan                         financial sector; and
      Persyaratan                          • tidak pernah menjadi anggota Direksi dan/atau              • never been a member of the Board of Directors
    Anggota Direksi                           anggota Dewan Komisaris yang selama menjabat:                 and/or a member of the Board of Commissioners
                                                                                                            who during his/her term of office:
     Requirements                                                                                          a. has not held an Annual GMS;
                                              a. pernah tidak mengadakan RUPS Tahunan;
      for Board of                            b. pertanggungjawabannya sebagai anggota                     b. his/her accountability as a member of the Board
        Directors                                Direksi dan/atau anggota Dewan Komisaris                      of Directors and/or a member of the Board of
                                                 pernah tidak diterima oleh RUPS, atau pernah                  Commissioners has not been accepted by the
                                                 tidak    memberikan      pertanggungjawaban                   GMS, or has not provided accountability as
                                                 sebagai anggota Direksi dan/atau anggota                      a member of the Board of Directors and/or a
                                                 Dewan Komisaris kepada RUPS; dan                              member of the Board of Commissioners to the
                                                                                                               GMS; and
                                              c. pernah menyebabkan perusahaan yang                        c. has caused a company that has a license,
                                                 memiliki izin, persetujuan, atau pendaftaran dari             approval, or registration from the Financial
                                                 Otoritas Jasa Keuangan (OJK) tidak memenuhi                   Services Authority (OJK) to not fulfill the obligation
                                                 kewajiban untuk memberikan laporan tahunan                    to provide annual reports and/or financial reports.
                                                 dan/atau laporan keuangan
                                        4. Mempunyai komitmen untuk mematuhi peraturan               4. Committed to comply with laws and regulations.
                                           perundang-undangan.
                                        5. Memiliki pengetahuan dan/atau keahlian di bidang          5. Possess knowledge and/or expertise in the field
                                           yang dibutuhkan Perseroan.                                   required by the Company.




Masa Jabatan Direksi                                                                     Term of Office of the Board of Directors
Ketentuan masa jabatan Direksi Perseroan sebagaimana                                     The terms of office for the Company’s Board of Directors are
tercantum dalam Pasal 19 ayat (7, 9, 16-17) Anggaran Dasar telah                         stipulated in Article 19 paragraph (7, 9, 16-17) of the Articles of
sesuai dengan peraturan perundang-undangan yang berlaku.                                 Association and are in compliance with the prevailing laws and
                                                                                         regulations.


                                                                                                                                                             Anggaran Dasar
                        Masa Jabatan Anggota Direksi | Term of Office for the Board of Directors                                                                Articles of
                                                                                                                                                               Association
1      Diangkat untuk masa jabatan 1 (satu) periode yaitu paling lama 5 (lima) tahun atau sampai dengan penutupan RUPS Tahunan                                 Pasal 19 ayat (7)
       pada akhir 1 (satu) periode masa jabatan dimaksud.                                                                                                    Article 19 paragraph
       Appointed for a term of office of 1 (one) period, which is a maximum of 5 (five) years or until the closing of the Annual GMS at                                (7)
       the end of 1 (one) period of the term of office.

2      Dapat diangkat kembali dalam hal masa jabatannya telah berakhir dengan memperhatikan ketentuan Undang-Undang                                            Pasal 19 ayat (9)
       tentang Perseroan Terbatas dan peraturan perundang-undangan di bidang Pasar Modal.                                                                    Article 19 paragraph
       May be reappointed in the event that his/her term of office has expired with due observance of the provisions of the                                            (9)
       Company’s Articles of Association and prevailing laws and regulations.

3      Jabatan anggota Direksi berakhir apabila:                                                                                                              Pasal 19 ayat (16)
       • dinyatakan pailit atau ditaruh di bawah pengampunan berdasarkan suatu keputusan pengadilan;                                                         Article 19 paragraph
       • mengundurkan diri;                                                                                                                                           (16)
       • tidak lagi memenuhi persyaratan perundang-undangan yang berlaku;
       • meninggal dunia;
       • diberhentikan berdasarkan keputusan RUPS; dan
       • masa jabatannya berakhir.
       The term of office of a member of the Board of Directors ends if:
       • declared bankrupt or placed under pardon based on a court decision;
       • resigned;
       • no longer fulfill the requirements of the prevailing laws and regulations.
       • passed away;
       • dismissed based on a resolution of the GMS;
       • His/her term of office ends.

4      Dapat diberhentikan untuk sementara oleh Dewan Komisaris dengan menyebutkan alasannya. Pemberhentian sementara                                         Pasal 19 ayat (17)
       tersebut wajib diberitahukan secara tertulis kepada anggota yang bersangkutan, dan ditindaklanjuti sesuai ketentuan yang                              Article 19 paragraph
       berlaku.                                                                                                                                                        (17)
       May be temporarily dismissed by the Board of Commissioners by stating the reasons. Such temporary dismissal must be
       notified in writing to the member concerned, and followed up in accordance with applicable regulations.

Kebijakan Pengunduran Diri Direksi                                                       Board of Directors Resignation Policy
Anggota Direksi Perseroan berhak dan dapat mengundurkan diri                             Members of the Company’s Board of Directors are entitled and may
dari jabatannya. Mekanisme pengunduran diri Direksi telah diatur                         resign from his/her positions. The Board of Directors’ resignation
dalam Pasal 19 ayat (14-15) Anggaran Dasar.                                              mechanisms have been stipulated in Article 19 paragraph (14-15) of
                                                                                         the Articles of Association.




148     Laporan Tahunan Terintegrasi 2023
Page 151
                                                                                                       Integrating Excellence for Sustainability




                                                                                                                                       Anggaran Dasar
                                         Mekanisme Pengunduran Diri Direksi




                                                                                                                                                               Prologue
                                                                                                                                       Articles of Asso-




                                                                                                                                                                Prolog
                                     The Board of Directors resignation mechanisms
                                                                                                                                            ciation
  1   Memberitahukan secara tertulis mengenai maksud pengunduran diri tersebut kepada Perseroan dengan tembusan kepada                  Pasal 19 ayat (14a)
      Dewan Komisaris selambat-lambatnya 30 (tiga puluh) hari sebelumnya.                                                              Article 19 paragraph




                                                                                                                                                               Performamnce Highlights
      Notify the Company in writing of the intention to resign with a copy to the Board of Commissioners no later than 30 (thirty)              (14a)
      days prior to the date.




                                                                                                                                                                    Ikhtisar Kinerja
  2   Perseroan wajib menyelenggarakan RUPS untuk memutuskan permohonan pengunduran diri tersebut paling lambat 90                      Pasal 19 ayat (14c)
      (sembilan puluh) hari kalender setelah diterimanya surat pengunduran diri.                                                       Article 19 paragraph
      The Company must hold a GMS to decide on the resignation request no later than 90 (ninety) calendar days after receiving                  (14c)
      of the resignation letter.

  3   Kepada anggota Direksi yang mengundurkan diri tersebut tetap dapat dimintakan pertanggungjawabannya sejak                         Pasal 19 ayat (15)
      pengangkatan yang bersangkutan sampai dengan pengunduran dirinya dalam RUPS.                                                     Article 19 paragraph
      Members of the Board of Directors who resigned can still be held accountable since their appointment until their resignation              (15)
      in the GMS.




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
Tugas, Tanggung Jawab dan Wewenang Direksi                                      Duties, Responsibilities and Authorities of The
                                                                                Board of Directors
Ketentuan-ketentuan berhubungan dengan tugas, tanggung                          Provisions related to the duties, responsibilities, and authorities of
jawab, dan wewenang Direksi telah tercantum Anggaran Dasar,                     the Board of Directors are stipulated in the Articles of Association,
dengan merujuk dari Undang-Undang No. 40 Tahun 2007 tentang                     these provisions refer to Law No. 40 Year 2007 concerning Limited
Perseroan Terbatas dan Peraturan OJK No. 33/POJK.04/2014                        Liability Company and OJK Regulation No. 33/POJK.04/2014
tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan                      concerning Board of Directors and Board of Commissioners in




                                                                                                                                                               Profil Perusahaan
Publik.                                                                         Issuers or Public Companies.




                                                                                                                                                                Company Profile
Direksi bertugas secara kolegial dalam mengelola, dan atas                      The Board of Directors is collegially responsible to manage the
pelaksanaan tugasnya bertanggung jawab kepada RUPS.                             Company and is responsible to the GMS in carrying out its duties.
Pertanggungjawaban Direksi kepada RUPS merupakan                                The responsibility of the Board of Directors to the GMS is a form of
perwujudan akuntabilitas pengelolaan perusahaan sesuai dengan                   accountability to the management of the Company in accordance
prinsip-prinsip GCG.                                                            with the GCG principles.




                                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                                Management Discussion and Analysis
                                                      Tugas                                                                     Anggaran Dasar
                                                      Duties                                                                 Articles of Association
  1   Menjalankan dan bertanggung jawab penuh dalam mencapai maksud dan tujuan Perseroan, dengan tugas Pasal 20 ayat (1)
      pokok:                                                                                                           Article 20 paragraph (1)
      a. memimpin dan mengurus Perseroan sesuai dengan maksud dan tujuan Perseroan;
      b. memelihara dan mengurus harta kekayaan Perseroan.
      To carry out and be fully responsible in achieving the purposes and objectives of the Company with the following
      main duties:
      a. to lead and manage the Company in accordance with the Company’s purposes and objectives;
      b. to manage the Company’s assets.

  2   Menyusun rencana kerja tahunan sebelum dimulainya tahun buku yang akan datang dan menyampaikannya Pasal 25 ayat (1, 2, 4)
      kepada Dewan Komisaris.                                                                                 Article 25 paragraph (1, 2, 4)
      To compile an annual work plan before the start of the coming fiscal year and submit it to the Board of
      Commissioners.

  3   Menyelenggarakan RUPS tahunan dan RUPS lainnya sebagaimana diatur dalam peraturan perundang- Pasal 12 ayat (1), Pasal 13 ayat (1)




                                                                                                                                                               Human Capital
                                                                                                                                                               Human Capital
      undangan dan Anggaran Dasar.                                                                           Article 12 paragraph (1), Article 13
      To organize the annual GMS and other GMS as stipulated in the laws and regulations and the Articles of paragraph (1)
      Association.

  4   Dapat membentuk komite untuk mendukung efektivitas pelaksanaan tugas dan tanggung jawab.                         Merujuk Pasal 12 ayat (4) POJK No.
      May establish committees to support the effectiveness of the implementation of duties and responsibilities.      33/2014
                                                                                                                       Referring to Article 12 paragraph (4)
                                                                                                                       of POJK No. 33/2014
                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




                                                                                                               2023 Integrated Annual Report            149
Page 152
PT Jakarta International Hotels & Development Tbk




                                                   Tanggung Jawab                                                                       Anggaran Dasar
                                                    Responsibilities                                                                 Articles of Association

  1   Memberikan pertanggungjawaban dan segala keterangan tentang keadaan Perseroan dan pelaksanaan Pasal 12 ayat (3)
      tugasnya kepada pemegang saham melalui RUPS.                                                                   Article 12 paragraph (3)
      To provide accountability and all information regarding the state of the Company and the implementation of its
      duties to the shareholders through the GMS.

  2   Bertanggung jawab penuh secara pribadi apabila yang bersangkutan bersalah atau lalai dalam menjalankan Pasal 20 ayat (3)
      tugasnya untuk kepentingan dan usaha Perseroan.                                                            Article 20 paragraph (3)
      To be fully individually be accountable for the Company’s losses caused for his/her error or negligence in
      carrying out duties for the Company’s interests and businesses.

  3   Tidak dapat dipertanggungjawabkan atas kerugian Perseroan apabila dapat membuktikan:                                    Merujuk pada Pasal 97 ayat (5) UU
      a. kerugian tersebut bukan karena kesalahan atau kelalaiannya;                                                          No. 40/2007 dan Pasal 13 ayat (2)
      b. telah melakukan pengurusan dengan itikad baik, penuh tanggung jawab, dan kehati-hatian untuk                         POJK No. 33/2014
         kepentingan dan sesuai dengan maksud dan tujuan Perseroan;                                                           Referring to Article 97 paragraph (5)
      c. tidak mempunyai benturan kepentingan, baik langsung maupun tidak langsung atas tindakan pengurusan                   of Law No. 40/2007 and Article 13
         yang mengakibatkan kerugian; dan                                                                                     paragraph (2) of POJK No. 33/2014
      d. telah mengambil tindakan untuk mencegah timbul atau berlanjutnya kerugian tersebut.
      Cannot be held accountable for the company’s losses if they can prove:
      a. the loss is not due to his/her error or negligence;
      b. has carried out management in good faith, full responsibility, and prudence for the interests and in
         accordance with the purposes and objectives of the Company;
      c. has no conflict of interest, either directly or indirectly, over the management actions that resulted in the loss;
      d. has taken measures to prevent the incidence or continuation of such losses.



                                                     Wewenang                                                                         Anggaran Dasar
                                                     Authorities                                                                   Articles of Association
  1   Berwenang menjalankan pengurusan sesuai dengan kebijakan yang dipandang tepat, sesuai dengan maksud                     Merujuk pada Pasal 14 POJK No.
      dan tujuan yang ditetapkan dalam anggaran dasar.                                                                        33/2014.
      Authorized to carry out management based on the appropriate policies, in accordance with the purposes and               Referring to Article 14 of POJK No.
      objectives set out in the articles of association.                                                                      33/2014.

  2   Mengatur masalah pendelegasian wewenang/pemberian kuasa Direksi, yaitu Presiden Direktur atau seorang Pasal 20 ayat (7)
      Direktur yang ditunjuk Presiden Direktur, bersama-sama dengan 2 (dua) orang Direktur untuk mewakili Article 20 paragraph (7)
      Perseroan:
      a. terkait segala hal dan di dalam segala kejadian, yang mengikat Perseroan dengan pihak lain dan sebaliknya;
      b. menjalankan segala tindakan, baik dalam hal pengurusan maupun kepemilikan, kecuali untuk hal-hal berikut:
          • meminjam atau meminjamkan uang kas atas nama Perseroan;
          • mengikat Perseroan sebagai Penanggung/Penjamin;
          • membeli, menjual atau cara lain mendapatkan atau melepaskan hak atas barang tidak bergerak,
             termasuk bangunan-bangunan dan hak-hak atas tanah, serta perusahaan-perusahaan;
          • menggadaikan atau membebankan barang-barang kekayaan Perseroan;
          • melepaskan hak-hak tidak berwujud, seperti hak paten dan/atau merek;
          • menjual, mengindahkan, menggadaikan ataupun dengan cara lain menjaminkan saham-saham Perseroan
             dalam perusahaan lain, dan membeli saham-saham dalam perusahaan-perusahaan lain, serta turut serta
             dalam perusahaan-perusahaan atau badan hukum lain.
      To regulate the delegation of authority/authorization of the Board of Directors, including the President Director
      or a Director appointed by the President Director, together with 2 (two) Directors to represent the Company:
      a. in relation to all matters and in all events, which bind the Company with other parties and vice versa;
      b. to carry out all actions, both in terms of management and ownership, except for the following matters:
          • borrowing or lending cash on behalf of the Company;
          • bind the Company as Insurer/Guarantor;
          • buy, sell or otherwise acquire or dispose of rights to immovable property, including buildings and land
             rights, and companies;
          • pledge or charge the Company’s assets;
          • relinquish intangible rights, such as patents and/or brands;
          • sell, transfer, mortgage or otherwise pledge the Company’s shares in other companies, and purchase
             shares in other companies, and participate in other companies or legal entities.

  3   Tidak berwenang mewakili Perseroan apabila:                                                                      Pasal 20 ayat (10)
      a. Terdapat perkara di pengadilan antara Perseroan dengan anggota Direksi yang bersangkutan; dan                 Article 20 paragraph (10)
      b. Anggota Direksi yang bersangkutan memiliki kepentingan yang berbenturan dengan kepentingan
         Perseroan.
      Not authorized to represent the Company if:
      a. There is a case in court between the Company and the member of the Board of Directors concerned; and
      b. The member of the Board of Directors concerned has interests that conflict with the interests of the Company.

  4   Direksi atau anggota Direksi untuk perbuatan tertentu berhak pula mengangkat seorang atau lebih sebagai Pasal 20 ayat (8)
      wakil atau kuasanya, dengan memberikan kepadanya kekuasaan yang diatur dalam surat kuasa.                        Article 20 paragraph (8)
      The Board of Directors or a member of the Board of Directors for certain actions is also entitled to appoint one
      or more individuals as his/her representative or proxy, by giving him/her the powers stipulated in the power of
      attorney.




150    Laporan Tahunan Terintegrasi 2023
Page 153
                                                                                                              Integrating Excellence for Sustainability




Susunan dan Komposisi Direksi                                                         Composition of the Board of Directors




                                                                                                                                                                         Prologue
                                                                                                                                                                          Prolog
                                                                                                                                                                         Performamnce Highlights
                                                                                                                       Komposisi Direksi merupakan perpaduan
                                                                                                                         profesional-profesional yang memiliki
                                                             Dipimpin oleh Presiden Direktur yang berasal




                                                                                                                                                                              Ikhtisar Kinerja
                                                                                                                         pengetahuan dan pengalaman yang
    Terdiri dari sedikit-dikitnya 3 (tiga) orang, yang     dari pihak yang independen terhadap pemegang
                                                                                                                   dibutuhkan Perseroan sehingga memungkinkan
  terdiri dari seorang Presiden Direktur dan 2 (dua)        saham pengendali, Direksi lainnya dan anggota
                                                                                                                   dilakukannya proses pengambilan putusan yang
                     orang Direktur.                                      Dewan Komisaris.
                                                                                                                              efektif, efisien dan segera.
  Consists of at least 3 (three) individuals, consisting   Led by the President Director who is independent        The composition of the Board of Directors is a mix
    of a President Director and 2 (two) Directors.            both from the controlling shareholder, other           of professionals who have the knowledge and
                                                                Directors and members of the Board of               experience required by the Company to enable
                                                                            Commissioners.                         an effective, efficient and prompt decision-making
                                                                                                                                          process.




                                                                                                                                                                         Laporan Manajemen
                                                                                                                                                                         Management Report
Susunan anggota Direksi Perseroan per 31 Desember 2023                                The composition of the Company's Board of Directors as of
berjumlah 6 (enam) orang, yang terdiri dari 1 (satu) orang Presiden                   December 31, 2023 consists of 6 (six) members with 1 (one)
Direktur: Santoso Gunara, dan 5 (lima) orang Direktur: Lanny                          President Director: Santoso Gunara, and 5 (five) Directors: Lanny
Pujilestari Liga, Agung Rin Prabowo, Hendi Lukman, Tony Soesanto                      Pujilestari Liga, Agung Rin Prabowo, Hendi Lukman, Tony Soesanto
dan Hendra Kurniawan.                                                                 and Hendra Kurniawan.

Santoso Gunara diangkat sebagai Presiden Direktur menggantikan                        Santoso Gunara was appointed as President Director to replace




                                                                                                                                                                         Profil Perusahaan
Arpin Wiradisastra berdasarkan RUPST Tahun Buku 2022 tanggal                          Arpin Wiradisastra based on the 2022 Fiscal Year AGMS on June




                                                                                                                                                                          Company Profile
27 Juni 2023. Sedang susunan anggota Direksi lainnya ditetapkan                       27, 2023. Meanwhile, the composition of the other members was
dalam RUPSLB tanggal 23 Februari 2021, dan kembali ditegaskan                         determined at the EGMS on February 23, 2021, and reconfirmed at
dalam RUPST Tahun Buku 2021 tanggal 25 Juli 2022.                                     the 2021 Fiscal Year AGMS on July 25, 2022.

Komposisi anggota Direksi disusun dengan memperhatikan visi,                          The membership composition of the Board of Directors is prepared
misi, dan rencana strategis untuk memungkinkan pengambilan                            based on the vision, mission and strategic plans to enable effective,
keputusan yang efektif, akurat, tepat dan cepat. Pemilihan anggota                    accurate, precise and fast decision making. The selection of




                                                                                                                                                                         Analisis dan Pembahasan Manajemen
Direksi memperhatikan ada tidaknya hubungan keluarga sampai                           members of the Board of Directors takes into account their family




                                                                                                                                                                          Management Discussion and Analysis
dengan derajat kedua dengan sesama anggota Direksi dan/atau                           relationship up to the second degree with fellow members of the
Dewan Komisaris maupun Pemegang Saham Pengendali, agar                                Board of Directors and/or Board of Commissioners or Controlling
dapat bertindak secara independen. Mayoritas anggota Direksi                          Shareholders, so that they can act independently. The majority
telah memiliki pengalaman lebih dari 5 (lima) tahun di bidang                         members of the Board of Directors have more than 5 (five) years of
manajemen dan properti: real estat dan perhotelan.                                    experience in the fields of management and property: real estate
                                                                                      and hospitality.

Pernyataan Independensi Direksi                                                       Statement of Independence of The Board of
                                                                                      Directors
Seluruh anggota Direksi mengutamakan sikap independensi                               All members of the board of directors prioritize an attitude of
dalam menjalankan tugas dan tanggung jawabnya, tanpa adanya                           Independence in carrying out their duties and resposibilities,
intervensi, benturan kepentingan pribadi ataupun benturan                             without intervention, personal conflicts of interest or other conflicts
kepentingan lainnya.                                                                  of interest.




                                                                                                                                                                         Human Capital
                                                                                                                                                                         Human Capital
                                                                    Pernyataan Independensi
                                                                    Independency Statement
 1    Bukan bagian dari manajemen;
      Not a part of the management;
 2    Bebas dari hubungan usaha dan hubungan lainnya yang dapat mempengaruhi keputusan;
      Free from business relationship and other relationship that can influence decisions;
 3    Bukan pemegang saham mayoritas atau pejabat pada institusi pemegang saham mayoritas, atau terasosiasi langsung dengan pemegang saham
                                                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                                                          Corporate Governance




      mayoritas;
      Not a major shareholder or official in the major shareholder institution, or directly associated with the major shareholder;
 4    Bukan karyawan atau pernah dipekerjakan sebagai eksekutif pada Perseroan/afiliasi, setidaknya 3 (tiga) tahun sebelum menjadi Komisaris;
      executive in the Company/affiliates, at least 3 (three) years prior to becoming a Director;
 5    Bukan penasihat atau konsultan utama yang material bagi Perseroan/afiliasi, atau karyawan yang terasosiasi langsung dengan penyediaan jasa,
      setidaknya 3 (tiga) tahun sebelum menjadi Komisaris;
      Tidak terikat dalam perjanjian dengan Perseroan/afiliasi selain sebagai Komisaris;
 6    Tidak terikat dalam perjanjian dengan Perseroan/afiliasi selain sebagai Komisaris; dan
      Not being bounded by an agreement with the Company/affiliates other than as a Director; and
 7    Tidak memiliki hubungan keluarga sedarah dan semenda, serta memegang posisi direktur di tempat lain yang dapat mempengaruhi independensi.
                                                                                                                                                                         Laporan Keberlanjutan
                                                                                                                                                                          Sustainability Report




      Has no blood or marriage relationship, and holds a position of Director in other places that can affect his/her independency.




                                                                                                                    2023 Integrated Annual Report                  151
Page 154
PT Jakarta International Hotels & Development Tbk




Rangkap Jabatan Direksi                                                            Concurrent Position of the Board of Directors
Ketentuan perihal rangkap jabatan direksi sebagai perusahaan                       Provisions regarding concurrent positions of the Board of
terbuka merujuk pada Pasal 6 ayat (1) Peraturan OJK No. 33/                        Directors as a public company refer to Article 6 paragraph (1) of
POJK.04/2014, yang diadopsi oleh Perseroan di Pasal 19 ayat (8)                    OJK Regulation No. 33/POJK.04/2014, which was adopted by the
Anggaran Dasar.                                                                    Company in Article 19 paragraph (8) of the Articles of Association


                                                              Rangkap Jabatan Anggota Direksi

  a    Anggota Direksi paling banyak pada 1 (satu) perusahaan publik lain;
       Member of the Board of Directors at most in 1 (one) other public company;

  b    Anggota Dewan Komisaris paling banyak pada 3 (tiga) perusahaan publik lain; dan/atau
       Member of the Board of Commissioners at most in 3 (three) other public companies; and/or

  c    Anggota komite paling banyak pada 5 (lima) komite di perusahaan publik lain, di mana yang bersangkutan juga menjadi anggota Direksi atau
       anggota Dewan Komisaris.
       Committee member in a maximum of 5 (five) committees in other public companies, where the person concerned is also a member
       of the Board of Directors or a member of the Board of Commissioners.


Anggota Direksi Perseroan diperkenankan merangkap jabatan                          Members of the Company's Board of Directors are allowed to hold
selama tidak bertentangan dengan peraturan perundang-                              concurrent positions as long as they do not conflict with other laws
undangan lainnya. Berikut adalah daftar rangkap jabatan dari                       and regulations. The following is a list of concurrent positions of
anggota Direksi Perseroan per 31 Desember 2023.                                    members of the Company's Board of Directors as of December 31,
                                                                                   2023.
         Nama                   Komisaris Utama                      Komisaris                     Direktur Utama                    Direktur
         Name                President Commissioner                 Commissioner                  President Director                 Director

                                                                                            •   PT First Jakarta
                                                                                                International
Santoso Gunara           PT Artharaya Bintang Semesta     PT Kreasi Cipta Karsa             •   PT Pacific Place Jakarta
                                                                                            •   PT Graha Sampoerna
                                                                                            •   PT Grahamas Adisentosa

Lanny Pujilestari Liga                                                                                                     PT Panduneka Sejahtera

                                                          •     PT Adimas Utama                                            •   PT Esagraha Puripratama
                                                          •     PT Citra Adisarana                                             PT Adinusa Puripratama
Agung Rin Prabowo
                                                          •     PT Trinusa Wiragraha                                       •   PT Pandugraha Sejahtera
                                                          •     PT Panduneka Abadi                                             PT Grahamas Adisentosa

                                                          •     PT Harta Larasindo
Hendi Lukman                                              •     PT Towerindo Utama                                         PT Permata Kharisma Indah
                                                                Karya

                                                                                                                           PT Citra Wiradaya
Tony Soesanto                                                                                                              PT Grahamas Adisentosa

Hendra Kurniawan


Pembidangan Tugas Direksi                                                          Division of Board of Directors’ Duties
Pembidangan tugas dan tanggung jawab dari masing-masing                            The division of duties and responsibilities for each member of the
anggota Direksi mengacu pada struktur organisasi per 25 Juli                       Board of Directors refer to the organizational structure as of July
2022.                                                                              25, 2022.




152     Laporan Tahunan Terintegrasi 2023
Page 155
                                                                                                          Integrating Excellence for Sustainability




       Nama                                                                             Jabatan




                                                                                                                                                                    Prologue
       Name                                                                               Title




                                                                                                                                                                     Prolog
                         Presiden Direktur | President Director

                         Merencanakan, mengoordinasikan, mengarahkan, mengendalikan, mengawasi dan mengevaluasi tugas korporasi dan Entitas
                         Anak, agar seluruh kegiatan berjalan sesuai dengan visi, misi, sasaran usaha, strategi, kebijakan dan program kerja yang ditetapkan.




                                                                                                                                                                    Performamnce Highlights
                         To plan, coordinate, direct, control, supervise and evaluate corporate duties and Subsidiaries, so that all activities run in accordance
                         with the designated vision, mission, business objectives, strategies, policies and work programs.




                                                                                                                                                                         Ikhtisar Kinerja
                         Menyelaraskan seluruh inisiatif internal dan rekomendasi eksternal, untuk memastikan terjadinya peningkatan kemampuan
                         bersaing Perseroan.
                         To align all internal initiatives and external recommendations, in order to ensure an increase in the Company’s competitiveness.

                         Mengoordinasikan, mengendalikan, dan mengevaluasi internalisasi prinsip-prinsip GCG dan Kode Etik secara konsisten di
  Santoso Gunara         Perseroan.
                         To coordinate, control, and evaluate the internalization of GCG principles and the Code of Conduct consistently within the Company.

                         Mengoordinasikan pelaksanaan tugas operasional di pelaksanaan audit internal, kesekretariatan korporasi, manajemen serta




                                                                                                                                                                    Laporan Manajemen
                                                                                                                                                                    Management Report
                         memastikan kepatuhan Perseroan terhadap hukum dan regulasi.
                         To coordinate the implementation of operational tasks in the implementation of internal audits, corporate secretariate, management
                         as well as ensuring the Company’s compliance towards the applicable laws and regulations.

                         Memastikan informasi yang berhubungan dengan Perseroan selalu tersedia apabila diperlukan oleh Dewan Komisaris.
                         To ratify the Board of Directors’ Decree regarding the Company’s Management Policy.

                         Menyelenggarakan dan memimpin Rapat Direksi secara berkala, atau rapat-rapat lain bilamana dipandang perlu.
                         To organize and lead the Board of Directors’ Meetings on a regular basis, or other meetings if deemed necessary.




                                                                                                                                                                    Profil Perusahaan
                         Mengesahkan Keputusan Direksi tentang Kebijakan Manajemen Perseroan.




                                                                                                                                                                     Company Profile
                         To ratify the Board of Directors’ Decree regarding the Company’s Management Policy.

                         Bertindak untuk dan atas nama Direksi, serta mewakili Perseroan di dalam maupun di luar pengadilan, atau menunjuk anggota
                         Direksi lain untuk bertindak atas nama Direksi.
                         To act for and on behalf of the Board of Directors, and represent the Company both inside and outside of the court, or appoint other
                         members of the Board of Directors to act on behalf of the Board of Directors.

                         Direktur Pengembangan Bisnis & Pemasaran | Director of Business Development & Marketing

                         Merencanakan, mengoordinasikan, mengarahkan, memonitor, mengawasi dan mengevaluasi penyusunan dan pelaksanaan




                                                                                                                                                                    Analisis dan Pembahasan Manajemen
                                                                                                                                                                     Management Discussion and Analysis
                         rencana kerja dan anggaran pengembangan bisnis dan pemasaran.
                         To plan, coordinate, direct, monitor, supervise and evaluate the preparation and implementation of business development and
                         marketing work plans and budgets.

                         Merencanakan, mengoordinasikan, mengendalikan dan mengevaluasi pelaksanaan tugas operasional di bidang pengembangan
                         bisnis dan pemasaran, juga termasuk penelitian dan pengembangan, studi kelayakan, dan pengembangan proyek-proyek
                         pertumbuhan.
                         To plan, coordinate, control and evaluate the implementation of operational tasks in the field of business development and
   Hendi Lukman
                         marketing, also including research and development, feasibility studies, and development of growth projects.

                         Mengembangkan hubungan baik dengan mitra strategis, mencari dan menangkap peluang bisnis baru guna peningkatan kinerja
                         Perseroan.
                         To develop good relationship with strategic partners, seek and capture new business opportunities in order to improve the
                         Company’s performance.

                         Menyampaikan laporan berkala atas pelaksanaan tugasnya, dan memberikan masukan konstruktif kepada manajemen dalam
                         bidang pengembangan bisnis dan pemasaran.
                         To submit periodic reports on the implementation of the duties, and provide constructive input to management in the business




                                                                                                                                                                    Human Capital
                                                                                                                                                                    Human Capital
                         development and marketing sector.

                         Direktur Manajemen Properti | Director of Property Management

                         Merencanakan, mengoordinasikan, mengarahkan, memonitor, mengawasi dan mengevaluasi:
                         • penyusunan dan pelaksanaan rencana kerja dan anggaran manajemen properti;
                         • pelaksanaan tugas operasional bidang manajemen properti.
                         To plan, coordinate, direct, monitor, supervise and evaluate:
                         • Preparation and implementation of property management work plans and budgets; and
                                                                                                                                                                    Tata Kelola Perusahaan


                         • Implementation of operational tasks in the property management sector.
                                                                                                                                                                     Corporate Governance



Lanny Pujilestari Liga
                         Menganalisis dan memonitor kinerja usaha perhotelan.
                         To analyze and monitor hotel business performance.

                         Menyampaikan laporan berkala atas pelaksanaan tugasnya, dan memberikan masukan konstruktif kepada manajemen dalam
                         bidang manajemen properti.
                         To submit periodic reports on the implementation of the duties, and provide constructive input to management in the property
                         management sector.
                                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                                     Sustainability Report




                                                                                                                  2023 Integrated Annual Report             153
Page 156
PT Jakarta International Hotels & Development Tbk




         Nama                                                                      Jabatan
         Name                                                                        Title

                       Direktur Human Capital & Kepatuhan | Director of Human Capital & Compliance

                       Di Direktorat Human Capital & Kepatuhan:
                       • Menetapkan kebijakan dan arah dalam rangka penyusunan rencana kerja dan anggarannya;
                       • Melaksanakan pembinaan, pengembangan dan peningkatan kualitas dan kompetensi.
                       In the Human Capital & Compliance Directorate:
                       • Establish policies and directions for the preparation of work plans and budgets; and
                       • Implement rehabilitation, development and improvement of quality and competence.

                       Menyampaikan laporan berkala atas pelaksanaan tugasnya, dan memberikan masukan konstruktif kepada manajemen dalam
                       bidang human capital dan kepatuhan.
                       To submit periodic reports on the implementation of their duties, and provide constructive input to management in the human
                       capital and compliance sectors.

                       Menjalin dan memelihara network internal dan eksternal untuk kemanfaatan pelaksanaan tugas dan Perseroan.
                       Menjalin dan memelihara network internal dan eksternal untuk kemanfaatan pelaksanaan tugas dan Perseroan.

                       Menetapkan kebijakan dan mengendalikan proses:
  Agung Rin Prabowo    • Perencanaan hingga penerapan sistem dan program pengembangan kompetensi dan kualitas human capital;
                       • Sistem hingga penerapan penilaian kinerja human capital.
                       To establish policies and control processes:
                       • Planning - implementation process of systems and programs to develop human capital competency and quality;
                       • System - implementation process of human capital performance appraisal.

                       Menetapkan kebijakan dan mengendalikan proses kajian dan penyusunan hingga penerapan standar-standar umum tentang
                       pengadaaan barang dan jasa, keselamatan dan kesehatan kerja, lingkungan, perawatan dan pemeliharaan properti/gedung, dan
                       lain-lain yang relevan.
                       To establish policies and control the review and preparation process as well as the implementation of general standards on the
                       Procurement of Goods and Services, Occupational Safety and Health, Environment, Property/Building Care and Maintenance, and
                       other relevant matters.

                       Mengendalikan proses monitoring pemenuhan terhadap peraturan perundang-undangan dan standar operasi prosedur (SOP)
                       tentang pengadaan barang dan jasa, kesehatan dan keselamatan kerja, lingkungan, dan perawatan dan pemeliharaan properti/
                       gedung.
                       To control the monitoring process of compliance with laws and regulations and standard operating procedures (SOP) regarding the
                       procurement of goods and services, occupational health and safety, the environment, and property/building care and maintenance.

                       Direktur Human Data Record & Sekretaris Perusahaan | Director of Human Data Record & Corporate Secretary

                       Di Direktorat Human Data Record, Umum, Hukum dan Sekretaris Perusahaan:
                       • menetapkan kebijakan dan arah dalam rangka penyusunan rencana kerja dan anggarannya;
                       • melaksanakan pembinaan, pengembangan dan peningkatan kualitas dan kompetensi.
                       In the Directorate of Human Data Record & General Affair, Legal and Corporate Secretary:
                       • to establish policies and directions for the preparation of work plans and budgets; and
                       • to implement rehabilitation, development and improvement of quality and competency.

                       Menyampaikan laporan berkala atas pelaksanaan tugasnya, dan memberikan masukan konstruktif kepada manajemen dalam
                       bidang Human Data Record, Umum, Hukum dan Sekretaris Perusahaan.
                       To submit periodic reports on the implementation of the duties, and provide constructive input to management in the Human Data
                       Record & General Affair, Legal and Corporate Secretary Sectors.

                       Membangun network internal dan eksternal, serta menjadi jembatan komunikasi dengan seluruh pemangku kepentingan.
                       To establish internal and external networks, as well as being a liaison with all stakeholders.

                       Merencanakan, mengoordinasikan, mengarahkan, mengendalikan, mengawasi dan mengevaluasi pelaksanaan:
      Tony Soesanto    • strategi dan proses pengelolaan Sumber Daya Manusia (SDM), mulai dari proses perencanaan, penyediaan, pengelolaan,
                           pengembangan, pemeliharaan dan pemanfaatan, dengan didukung pengetahuan, teknologi informasi, dan praktik-praktik
                           terbaik;
                       • tugas operasional perusahaan, pelaporan & perizinan, dan kegiatan tanggung jawab sosial perusahaan;
                       • pemenuhan aspek hukum, pengkajian dan analisa kebijakan hukum, serta tata kelola pemeliharaan semua perizinan yang
                           berhubungan dengan operasional Perseroan;
                       • prinsip-prinsip GCG, dan tata kelola dalam hal: pemenuhan pelaporan, pelaksanaan rapat-rapat manajemen (Direksi, Dewan
                           Komisaris, Rapat Umum Pemegang Saham dan Paparan Publik), dan penyusunan laporan (Rencana Kerja Anggaran, Laporan
                           Tahunan dan Laporan Keberlanjutan) sebagai perusahaan terbuka.
                       To plan, coordinate, direct, control, supervise and evaluate the implementation of:
                       • Human Capital management strategies and processes, starting from the planning, provision, management, development,
                           maintenance and utilization processes, supported by knowledge, information technology, and best practices;
                       • The Company’s operational duties, reporting & licensing, and corporate social responsibility activities;
                       • The fulfillment of legal aspects, review and analysis of legal policies, as well as governance of the maintenance of all permits
                           related to the Company’s operations; and
                       • GCG principles, and governance in terms of: fulfillment of reporting, implementation of management meetings (Board of
                           Directors, Board of Commissioners, General Meeting of Shareholders and Public Expose), and preparation of reports (Budget
                           Work Plan, Annual Report and Sustainability Report) as a public company.




154      Laporan Tahunan Terintegrasi 2023
Page 157
                                                                                                      Integrating Excellence for Sustainability




        Nama                                                                         Jabatan




                                                                                                                                                             Prologue
        Name                                                                           Title




                                                                                                                                                              Prolog
                         Direktur Keuangan & Akunting | Director of Finance & Accounting

                         Merencanakan, mengoordinasikan, mengarahkan, mengendalikan, mengawasi dan mengevaluasi:
                         • pelaksanaan tugas operasional bidang kebendaharaan, asuransi, akuntansi, pajak, anggaran dan pendanaan;




                                                                                                                                                             Performamnce Highlights
                         • fungsi akuntansi dan menganalisa laporan keuangan Entitas Anak.
                         To plan, coordinate, direct, control, supervise and evaluate:




                                                                                                                                                                  Ikhtisar Kinerja
                         • the implementation of operational duties in the treasury, insurance, accounting, tax, budgeting and funding sectors; and
                         • the accounting function, as well as analyzing the financial statements of subsidiaries.

                         Merencanakan, mencari dan memastikan penyediaan dana untuk pengembangan sesuai dengan rencana strategis Perseroan.
   Hendra Kurniawan      To plan, seek and ensure the provision of development funds in accordance with the Company’s strategic plan.

                         Mengelola portofolio investasi keuangan dan keputusan finansial untuk mencapai nilai tambah maksimal dan tercapainya tujuan-
                         tujuan Perseroan sesuai ketetapan manajemen.
                         To manage the financial investment portfolio and financial decisions to achieve maximum added value and achieve the Company’s




                                                                                                                                                             Laporan Manajemen
                         objectives in accordance with management decisions.




                                                                                                                                                             Management Report
                         Menyampaikan laporan berkala atas pelaksanaan tugasnya, dan memberikan masukan konstruktif kepada manajemen dalam
                         bidang keuangan dan akunting.
                         To submit periodic reports on the implementation of their duties, and provide constructive input to management in the finance and
                         accounting sectors.


Laporan Pelaksanaan Tugas Direksi Tahun 2023                                   Duty Implementation Report of the Board of
                                                                               Directors in 2023




                                                                                                                                                             Profil Perusahaan
Tugas-tugas yang telah dilaksanakan dan diselesaikan oleh Direksi              Duties carried out and completed by the Company’s Board of




                                                                                                                                                              Company Profile
Perseroan selama 2023.                                                         Directors in 2023.


  1    Menyusun Rencana Kerja dan Anggaran Perusahaan (RKAP) 2024;              Prepared the Company’s 2024 Work Plan and Budget (RKAP);

  2    Menyelenggarakan RUPST Tahun Buku 2022 dan RUPSLB Tahun 2023;            Organized the 2022 Fiscal Year AGMS and the 2023 EGMS;

  3    Membuat Daftar Pemegang Saham, Daftar Khusus, Risalah RUPS dan           Compiled a Register of Shareholders, Special Register, Minutes of GMS
       Risalah Rapat Direksi;                                                   and Minutes of Meeting of the Board of Directors;




                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                              Management Discussion and Analysis
  4    Melakukan identifikasi risiko Perseroan dan menyusun strategi upaya      Identified the Company’s risks and formulating a strategy for risk control
       pengendalian risiko;                                                     efforts;

  5    Menyusun strategi penyelesaian proyek-proyek pengembangan;               Developed a strategy for the completion of development projects;

  6    Menyusun laporan tahunan 2023, laporan keuangan 2023 dan laporan         Compiled the 2023 Annual Report, 2023 Financial Statements and other
       lainnya bagi Pemegang Saham, Regulator dan pemangku kepentingan          reports for Shareholders, Regulators and other Stakeholders;
       lainnya;

  7    Melakukan reviu terhadap struktur organisasi Perseroan;                  Reviewed the Company’s organizational structure;

  8    Menelaah rencana program promosi, rotasi dan remunerasi karyawan;        Reviewed employee promotion, rotation and remuneration program
                                                                                plans;

  9    Melakukan Inventarisasi aset Perseroan;                                  Conducted an Inventory of the Company’s assets;

  10   Melakukan pemilihan Kantor Akuntan Publik yang akan diusulkan pada       Conducted the selection of a Public Accounting Firm that will be
       RUPS;                                                                    proposed at the GMS;




                                                                                                                                                             Human Capital
                                                                                                                                                             Human Capital
  11   Melakukan pengawasan atas kinerja Entitas Anak; dan                      Supervised the performance of Subsidiaries; and

  12   Mengadakan pertemuan-pertemuan dengan para investor dan                  Held meetings with investors and other stakeholders.
       pemangku kepentingan lainnya.

Selain itu, Direksi mengeluarkan pula berbagai keputusan baik                  Furthermore, the Board of Directors also issued various policies in
di bidang operasional, keuangan, maupun beberapa penunjang                     the operational, financial and business support sectors in the form
usaha melalui perangkat kebijakan berupa Keputusan Direksi,                    of Board of Directors' Decrees, Board of Directors' Regulations,
                                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                                              Corporate Governance




Peraturan Direksi, Surat Edaran, dan Instruksi Direksi.                        Circular Letters and Board of Directors' Instructions.

Penilaian atas Kinerja Komite di Bawah Direksi                                 Performance Assessment of Committees under the
                                                                               Board of Directors
Hingga 31 Desember 2023, Perseroan belum memiliki Komite yang                  As of December 31, 2023, the Company has yet to establish
berada di bawah Direksi. Pelaksanaan tugas dan tanggung jawab                  Committee under the Board of Directors. The implementation of
Direksi didukung oleh satuan kerja yang dipimpin oleh Manajer                  the Board of Directors’ duties and responsibilities is supported by
dan Supervisor.                                                                work units led by Managers and Supervisors.

Pengembangan Direksi                                                           Board of Directors’ Development Program
                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                              Sustainability Report




Perseroan memberikan kesempatan kepada Direksi untuk                           The Company provides opportunities for the Board of Directors to
mengikuti program pengembangan yang bertujuan untuk                            attend development programs to improve their capabilities in order
meningkatkan kapabilitasnya guna mengantisipasi tantangan                      to anticipate future challenges for the continuity and sustainability
masa depan untuk keberlangsungan dan keberlanjutan usaha                       of the Company’s businesses. Through the attended trainings
Perseroan. Melalui pelatihan pengembangan yang diikuti, Direksi                and development, the Board of Directors can obtain the latest
dapat memperoleh informasi terkini, yang berkaitan dengan                      information relating to economic development, business dynamics
perkembangan perekonomian, dinamika bisnis dan usaha                           of the Company.
Perseroan.



                                                                                                              2023 Integrated Annual Report            155
Page 158
PT Jakarta International Hotels & Development Tbk




Dengan difasilitasi oleh Sekretaris Perusahaan, Direksi telah                   Facilitated by the Corporate Secretary, members of the Board
mengikuti program pengembangan dalam bentuk workshop,                           of Directors have attended development programs in the form
seminar dan konferensi yang bermanfaat meningkatkan efektivitas                 of workshops, seminars and conferences that are beneficial to
tugas dan tanggung jawab Direksi.                                               improve the effectiveness of their duties and responsibilities.


           Direksi           Tanggal                      Topik Workshop, Seminar & Konferensi                             Penyelenggara     Jam
      Board of Directors      Date                       Topics of Workshop, Seminar & Conference                            Organizer       Time
                            1 Feb      Prevailing Over the Turbulence                                               Mandiri Investment        3,0
                            6 Mar      Resesi Global: Ancaman Riil atau Sekadar Gertakan                            Kompas.id                 4,0
      Arpin Wiradisastra
                                       Global Recession: A Real Threat or Just a Bluff
                            6 Apr      Anti Money Laundering in Digital Era: Lesson from Selected Countries         OJK                       3,0
                            14 Agu     Menuju Indonesia Emas 2045                                                   OJK                       3,0
       Santoso Gunara       5 Okt      Sosialisasi Perdagangan Karbon Melalui Bursa Karbon Indonesia                BEI                       2,0
                            2 Nov      Technological Advancements and its Societal Impact                           SII                       2,0
                            26 Jan     Indonesia Economic Outlook 2023: Opportunities and Challenges                ICSA                      2,0
                            23 Feb     The Role of Governance Risk and Compliance in Supporting Financial Sector    OJK                       3,0
   Lanny Pujilestari Liga
                                       Performance
                            16 Mei     Fundamental of Wealth Management                                             OJK                       3,0
                            7 Mar      Digitalisasi, AI dan Masa Depan Manusia                                      Kompas.id                 4,0
                                       Digitalization, AI and the Future of Humanity
   Agung Rin Prabowo                   Strategic Communications during Crisis
                            17 Mei                                                                                  ICSA                      2,0
                            31 Agu     Enhancing Financial Performance Through Data Analytics                       OJK                       3,0
                            30 Mar     Pemanfaatan Analisis Big Data dalam Meningkatkan Kinerja Industri Jasa       OJK                       3,0
                                       Keuangan
                                       Utilization of Big Data Analysis in Improving Financial Services Industry
                                       Performance
                            22 Mei     Memperkuat Ketahanan Nasional di Industri Jasa Keuangan                      OJK                       3,0
                                       Strengthening National Resilience in the Financial Services Industry
       Hendi Lukman
                            5 Jul      Pembangunan Keamanan Laut untuk Mendukung Pencapaian Target RPJPN            IOJI                      3,0
                                       2025-2045
                                       Maritime Security Development to Support Achievement of National Long-
                                       Term Development Plan Targets 2025-2045
                            3 Agu      Waspada Modus Penipuan Gaya Baru                                             OJK                       3,0
                                       Beware of New Style Fraud Modes
                            16 Feb     Memperkuat Literasi dan Inklusi Keuangan Syariah                             OJK                       3,0
                                       Strengthening Sharia Financial Literacy and Inclusion
                            10 Apr     Update Peraturan Pajak Terkait PP No. 44 Tahun 2022 dan PP No. 49 Tahun      AEI                       2,0
                                       2022
                                       Update on Tax Regulations Related to Government Regulation No. 44 of 2022
                                       and Government Regulation no. 49 of 2022
    Hendra Kurniawan        15 Agu     Kupas Tuntas PMK No. 66 Tahun 2023 dan PMK No. 72 Tahun 2023 Beserta         P3KPI                     3,0
                                       Komplikasinya
                                       Completely review Minister of Finance Regulation PMK No. 66 of 2023 and
                                       Minister of Finance Regulation no. 72 of 2023 and its complications
                            6 Des      Integrasi NIK: Penyesuaian Sistem Terdampak NPWP                             AEI                       2,5
                                       National Identity Number Integration: Adjustment of the Taxpayer
                                       Identification Number Impacted System
Jumlah | Total                                                                                                                               56.5
Catatan | Note:
Per RUPST 27 Juni 2023: Santoso Gunara menggantikan Arpin Wiradisastra sebagai Presiden Direktur.
Pelatihan Tony Soesanto dapat dilihat di Sekretaris Perusahaan
Per AGMS June 27, 2023: Santoso Gunara replaces Arpin Wiradisastra as President Director.
Tony Soesanto's training can be found at Corporate Secretary.


Program Orientasi Direksi                                                       Board of Directors’ Orientation Program
Piagam Direksi mengatur program orientasi kepada anggota                        The Board of Directors’ Charter regulates the orientation program
Direksi yang baru diangkat. Tujuannya memberikan gambaran atas                  for new appointed members of the Board of Directors. The
aktivitas bisnis, rencana perusahaan ke depan, pedoman kerja dan                program aims to provide illustration on business activities, future
hal lainnya yang menjadi tanggung jawab Direksi. Pelaksanaannya                 business plans, work guidelines and other matters that are under
paling lama 1 (satu) bulan setelah pengangkatan anggota Direksi                 the responsibility of the Board of Directors. The program is held at
baru. Sekretaris Perusahaan bertanggung jawab atas pelaksanaan                  the latest 1 (one) month after the appointment of the new Director.
program tersebut.                                                               Corporate Secretary is responsible to organize the program.

Dalam hal pengangkatan Santoso Gunara sebagai Presiden                          In the appointment of Santoso Gunara as President Director on
Direktur sejak 27 Juni 2023, Perseroan tidak melaksanakan                       June 27, 2023, the Company did not held orientation program since
program orientasi dikarenakan yang bersangkutan telah pernah                    he has already had a career in the Company since 1998, including
berkarier di Perseroan sejak 1998, yaitu sebagai Wakil Presiden                 as Vice-President Director (1998-2012) and Commissioner (2020-
Direktur (1998-2012) dan Komisaris (2020-2021).                                 2021).




156       Laporan Tahunan Terintegrasi 2023
Page 159
                                                                                                   Integrating Excellence for Sustainability




Dewan Komisaris




                                                                                                                                                     Prologue
                                                                                                                                                      Prolog
Board of Commissioners




                                                                                                                                                     Performamnce Highlights
Dewan Komisaris Perseroan melakukan pengawasan dan                           The Company’s Board of Commissioners supervises and




                                                                                                                                                          Ikhtisar Kinerja
memberikan arahan, nasihat dan rekomendasi terhadap                          provides objective and independent directions, advices and
pengelolaan Direksi di Perseroan secara objektif dan independen              recommendations to the management carried out by the Board
sesuai Anggaran Dasar dan peraturan perundang-undangan                       of Directors in the Company in accordance with the Articles
yang berlaku. Dewan Komisaris melakukan pula pemantauan                      of Association and the prevailing laws and regulations. The
terhadap efektivitas implementasi GCG yang dilakukan oleh dan                Board of Commissioners also monitors the effectiveness of GCG
di Perseroan. Hasil pengawasan Dewan Komisaris selanjutnya                   implementation in the Company. The results of the supervision are
disampaikan dalam RUPS sebagai bagian dari penilaian kinerja                 then conveyed at the GMS as part of the performance assessment
Direksi.                                                                     of the Board of Directors.




                                                                                                                                                     Laporan Manajemen
                                                                                                                                                     Management Report
Piagam Dewan Komisaris                                                       Board of Commissioners’ Charter
Piagam Dewan Komisaris telah ada di Perseroan sejak 2008.                    The Board of Commissioners Charter was established in the
Ditinjau dan diperbarui pada 23 Desember 2022, untuk                         Company in 2008. Reviewed and updated on December 23, 2022
menyelaraskan dengan ketentuan-ketentuan baru peraturan                      in order to adjust it to the latest laws and regulations. The Board
perundang-undangan. Piagam Dewan Komisaris merupakan                         of Commissioners’ Charter is a work guideline for the Company’s
pedoman kerja Dewan Komisaris Perseroan dalam melaksanakan                   Board of Commissioners in carrying out its supervisory duties, and
tugas pengawasannya, dan menjadi rujukan dalam pengambilan                   is a reference in their decision making.




                                                                                                                                                     Profil Perusahaan
keputusan.




                                                                                                                                                      Company Profile
                                          1. Pendahuluan                                       1. Introduction
                                             a. Landasan Hukum                                    a. Legal Basis
                                             b. Definisi                                          b. Definition
                                             c. Piagam Dewan Komisaris                            c. Board of Directors’ Charter
                                             d. Maksud dan Tujuan                                 d. Purpose and Objective




                                                                                                                                                     Analisis dan Pembahasan Manajemen
                                                                                                                                                      Management Discussion and Analysis
                                          2. Keanggotaan                                       2. Membership
                                             a. Komposisi dan Struktur                            a. Composition and Structure
                                             b. Persyaratan Keanggotaan                           b. Membership Requirements
                                             c. Pengangkatan, Pemberhentian dan Penggantian       c. Appointment, Dismissal and Replacement
                                             d. Pengunduran Diri dan Pemberhentian Sementara      d. Resignation and Temporary Dismissal
                                             e. Rangkap Jabatan                                   e. Concurrent Positionsn
                                          3. Tugas, Tanggung Jawab dan Wewenang                3. Duties, Responsibilities and Authorities
                                             a. Tugas                                             a. Duties
                                             b. Tanggung Jawab                                    b. Responsibilities
                                             c. Wewenang                                          c. Authorities
                                             d. Pembagian Tugas dan Wewenang                      d. Division of Duties and Responsibilities
                                             e. Pendelegasian Wewenang                            e. Delegation of Authorities
           Piagam Dewan                   4. Kebijakan Rapat                                   4. Meeting Policyt
              Komisaris                      a. Jadwal                                            a. Schedule
              Board of                       b. Ketentuan Penyelenggaraan                         b. Meeting Requirements
                                             c. Pengambilan Keputusan                             c. Decision Making
           Commisioners
                                          5. Tata Kelola                                       5. Governance
               Charter                       a. Transparansi                                      a. Transparency
                                             b. Pedoman dan Kode Etik                             b. Guidelines and Code of Conduct
                                             c. Waktu Kerja, Cuti dan Berhalangan Sementara       c. Working Time, Leave and Temporary
                                             d. Remunerasi                                        d. Remuneration




                                                                                                                                                     Human Capital
                                                                                                                                                     Human Capital
                                             e. Program Orientasi dan Pelatihan                   e. Orientation and Training Programs
                                             f. Pelaporan dan Pengungkapan                        f. Reporting and Disclosure
                                          6. Evaluasi Kinerja                                  6. Performance Evaluation
                                          7. Penutup                                           7. Closing


                                          Diperbarui pada 23 Desember 2022
                                          Updated on December 23, 2022                                                                               Tata Kelola Perusahaan
                                                                                                                                                      Corporate Governance




Keanggotaan                                                                  Membership
Kriteria Pemilihan dan Pengangkatan Dewan Komisaris                          Criteria for Selection and Appointment of the Board of
                                                                             Commissioners
Ketentuan kualifikasi dan persyaratan minimal yang harus dipenuhi            The qualifications and minimum requirements that must be fulfilled
untuk menjadi anggota Dewan Komisaris Perseroan telah diatur                 to become a member of the Company’s Board of Commissioners
dalam Pasal 22 ayat (3) Anggaran Dasar, yang sesuai dengan Pasal             have been regulated in Article 22 paragraph (3) of the Articles of
110 ayat (1) Undang-Undang No. 40 tahun 2007 dan Pasal 21 ayat               Association, which are in accordance with Article 110 paragraph
                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                      Sustainability Report




(1-2) Peraturan OJK No. 33/POJK.04/2014. Persyaratan-persyaratan             (1) of Law No. 40 year 2007 and Article 21 paragraph (1-2) of
tersebut wajib dipenuhi untuk dapat terpilih sebagai anggota                 OJK Regulation No. 33/POJK.04/2014. These requirements
Dewan Komisaris dan dipatuhi selama menjabat.                                must be fulfilled to be appointed as a member of the Board of
                                                                             Commissioners and must be upheld while serving.




                                                                                                           2023 Integrated Annual Report       157
Page 160
PT Jakarta International Hotels & Development Tbk




                                              1. Memiliki akhlak, moral, dan integritas yang baik.      1. Possess good morals, character and integrity.
                                              2. Cakap melakukan perbuatan hukum.                       2. Capable in performing legal actions.
                                              3. Dalam 5 (lima) tahun sebelum pengangkatan dan          3. Within 5 (five) years prior to appointment and during
                                                 selama menjabat:                                          the term of office:
                                                 a. pernah tidak mengadakan RUPS Tahunan;                  a. has not held an Annual GMS;
                                                 b. pertanggungjawabannya sebagai anggota                  b. his/her accountability as a member of the Board
                                                    Direksi dan/atau anggota Dewan Komisaris                  of Directors and/or a member of the Board of
          Persyaratan                               pernah tidak diterima oleh RUPS, atau pernah              Commissioners has not been accepted by the
        Anggota Dewan                               tidak memberikan pertanggungjawaban sebagai               GMS, or has not provided accountability as
           Komisaris                                anggota Direksi dan/atau anggota Dewan                    a member of the Board of Directors and/or a
         Requirements                               Komisaris kepada RUPS; dan                                member of the Board of Commissioners to the
          for Board of                                                                                        GMS; and
        Commissioners                            c. pernah menyebabkan perusahaan yang memiliki            c. has caused a company that has a license,
                                                    izin, persetujuan, atau pendaftaran dari Otoritas         approval, or registration from the Financial
                                                    Jasa Keuangan (OJK) tidak memenuhi kewajiban              Services Authority (OJK) to not fulfill the obligation
                                                    untuk memberikan laporan tahunan dan/atau                 to provide annual reports and/or financial reports.
                                                    laporan keuangan
                                              4. Memiliki komitmen untuk mematuhi peraturan             4. Committed to comply with laws and regulations; and
                                                 perundang-undangan; dan
                                              5. Memiliki pengetahuan dan/atau keahlian di bidang       5. Possess knowledge and/or expertise in the field
                                                 yang dibutuhkan Perseroan.                                required by the Company.




Selanjutnya untuk pengangkatan anggota Dewan Komisaris                                 As for the appointment of Independent Commissioners, additional
Independen, diharuskan pula memenuhi persyaratan tambahan,                             requirements must also be fulfilled as regulated in Article 22
sebagaimana diatur dalam Pasal 22 ayat (4) Anggaran Dasar.                             paragraph (4) of the Articles of Association.


                                                      Persyaratan Tambahan Komisaris Independen
                                                   Additional Requirements of Independent Commissioner

  1   Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab untuk merencanakan, memimpin, mengendalikan, atau
      mengawasi kegiatan Perseroan yang bersangkutan dalam waktu 6 (enam) bulan terakhir, kecuali untuk pengangkatan kembali sebagai Komisaris
      Independen Perseroan pada periode berikutnya.
      Not a person who works or has the authority and responsibility to plan, lead, control, or supervise the activities of the Company concerned within the
      last 6 (six) months, except for reappointment as Independent Commissioner of the Company in the following period.

  2   Tidak mempunyai saham baik langsung maupun tidak langsung pada Perseroan.
      Does not own shares, either directly or indirectly, in the Company.

  3   Tidak mempunyai hubungan afiliasi dengan Perseroan, anggota Dewan Komisaris, anggota Direksi, atau pemegang saham utama Perseroan.
      Has no affiliation with the Company, members of the Board of Commissioners, members of the Board of Directors, or major shareholders of the
      Company.

  4   Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung yang berhubungan dengan kegiatan Perseroan.
      Has no direct or indirect business relationship related to the Company’s activities.


Masa Jabatan Dewan Komisaris                                                           Term of Office of the Board of Commissioners
Ketentuan masa jabatan anggota Dewan Komisaris Perseroan                               The terms of office for the Company’s Board of Commissioners are
telah diatur dalam Pasal 22 ayat (7, 10 dan 20), yang merujuk pada                     stipulated in Article 22 paragraph (7, 10, and 20), which refers to
Pasal 111 ayat (3) Undang-Undang No. 40 Tahun 2007, Pasal 23 dan                       Article 111 paragraph (3) of Law No. 40 Year 2007, Article 23 and
Pasal 25 ayat (1) Peraturan OJK No. 33/POJK.04/2014.                                   Article 25 paragraph (1) of OJK Regulation No. 33/POJK.04/2014.


                                            Masa Jabatan Anggota Dewan Komisaris                                                                       Anggaran Dasar
                                            Term of Office for Board of Commissioners                                                               Articles of Association

  1    Diangkat untuk masa jabatan 1 (satu) periode yaitu paling lama 5 (lima) tahun atau sampai dengan penutupan RUPS tahunan              Pasal 22 ayat (7)
       pada akhir 1 (satu) periode masa jabatan dimaksud.                                                                               Article 22 paragraph (7)
       Appointed for a term of office of 1 (one) period, which is a maximum of 5 (five) years or until the closing of the Annual GMS at
       the end of 1 (one) period of the term of office.

  2    Dapat diangkat kembali dalam hal masa jabatannya telah berakhir dengan memperhatikan ketentuan Anggaran Dasar dan        Pasal 22 ayat (7)
       peraturan perundang-undangan yang berlaku.                                                                           Article 22 paragraph (7)
       May be reappointed in the event that his/her term of office has expired with due observance of the provisions of the
       Company’s Articles of Association and prevailing laws and regulations.

  3    Masa jabatan Komisaris Independen paling banyak 2 (dua) periode berturut-turut.                                                                Pasal 22 ayat (10)
       The term of office of an Independent Commissioner shall be no more than 2 (two) consecutive periods.                                          Article 22 paragraph
                                                                                                                                                              (10)




158     Laporan Tahunan Terintegrasi 2023
Page 161
                                                                                                          Integrating Excellence for Sustainability




                                            Masa Jabatan Anggota Dewan Komisaris                                                           Anggaran Dasar




                                                                                                                                                                  Prologue
                                            Term of Office for Board of Commissioners                                                   Articles of Association




                                                                                                                                                                   Prolog
  4    Jabatan anggota Dewan Komisaris berakhir apabila:
       1. mengundurkan diri;
       2. meninggal dunia;
       3. masa jabatannya berakhir;




                                                                                                                                                                  Performamnce Highlights
       4. diberhentikan berdasarkan keputusan RUPS; dan




                                                                                                                                                                       Ikhtisar Kinerja
       5. tidak lagi memenuhi persyaratan sebagai anggota Dewan Komisaris berdasarkan peraturan perundang-undangan
                                                                                                                                         Pasal 22 ayat (20)
           yang berlaku.
                                                                                                                                        Article 22 paragraph
       The term of office of a member of the Board of Commissioners ends if:
                                                                                                                                                 (20)
       1. Resigned;
       2. passed away;
       3. his/her term of office ends;
       4. dismissed by resolution of the GMS; and
       5. no longer fulfills the requirements as a member of the Board of Commissioners based on the prevailing laws and
           regulations.




                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                  Management Report
Kebijakan Pengunduran Diri Dewan Komisaris                                        Board of Commissioners’ Resignation Policy
Anggota Dewan Komisaris Perseroan berhak dan dapat                                Members of the Company’s Board of Commissioners are
mengundurkan diri dari jabatannya. Mekanisme pengunduran diri                     entitled and may resign from his/her positions. The Board of
Dewan Komisaris telah diatur dalam Pasal 22 ayat (15-17) Anggaran                 Commissioners’ resignation mechanisms have been stipulated in
Dasar.                                                                            Article 19 paragraph (14-15) of the Articles of Association.


                                  Mekanisme Pengunduran Diri Dewan Komisaris                                                        Anggaran Dasar




                                                                                                                                                                  Profil Perusahaan
                                                                                                                                                                   Company Profile
                                    Board of Commissioners’ Resignation Policy                                                   Articles of Associaiton

  1   Memberitahukan secara tertulis mengenai maksud pengunduran diri tersebut kepada Perseroan selambat-                          Pasal 22 ayat (15)
      lambatnya 30 (tiga puluh) hari sebelumnya.                                                                               Article 22 paragraph (15)
      Notify the Company in writing of the intention to resign with a copy to the Company no later than 30 (thirty) days
      prior.

  2   Perseroan wajib menyelenggarakan RUPS untuk memutuskan permohonan pengunduran diri tersebut paling                           Pasal 22 ayat (16)
      lambat 90 (sembilan puluh) hari kalender setelah diterimanya surat pengunduran diri.                                     Article 22 paragraph (16)
      The Company must hold a GMS to decide on the resignation request no later than 90 (ninety) calendar days after




                                                                                                                                                                  Analisis dan Pembahasan Manajemen
                                                                                                                                                                   Management Discussion and Analysis
      receiving of the resignation letter.

  3   Anggota Dewan Komisaris yang mengundurkan diri itu hanya dibebaskan dari tanggung jawabnya, jika RUPS                        Pasal 22 ayat (17)
      membebaskannya dari tanggung jawabnya selama masa jabatannya.                                                            Article 22 paragraph (17)
      Members of the Board of Commissioners who resigned can only be freed of his/her responsibility only when the
      GMS frees him/her from his responsibilities during his term of office.


Tugas, Tanggung Jawab dan Wewenang Dewan                                          Duties, Responsibilities and Authorities of the
Komisaris                                                                         Board Commissioners
Ketentuan-ketentuan yang berhubungan dengan tugas, tanggung                       Provisions related to the duties, responsibilities, and authorities
jawab, dan wewenang Direksi telah tercantum Anggaran Dasar,                       of the Board of Commissioners are stipulated in the Articles of
dengan merujuk pada Undang-Undang No. 40 Tahun 2007                               Association, these provisions refer to Law No. 40 Year 2007
tentang Perseroan Terbatas, dan Peraturan-Peraturan OJK: No.                      concerning Limited Liability Company and OJK Regulation No.
33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten                        33/POJK.04/2014 concerning Board of Directors and Board
atau Perusahaan Publik; No. 34/POJK.04/2014 tentang Komite                        of Commissioners in Issuers or Public Companies; No.34/




                                                                                                                                                                  Human Capital
                                                                                                                                                                  Human Capital
Nominasi dan Remunerasi Emiten atau Perusahaan Publik; No. 55/                    POJK.04/2014 concerning Nomination and Remuneration
POJK.04/2015 tentang Pembentukan dan Pedoman Pelaksanaan                          Committee in Issuers or Public Companies; No. 55/POJK.04/2015
Kerja Komite Audit; No. 56/POJK.04/2015 tentang Pembentukan                       concerning the Establishment and Work Guidelines of Audit
dan Pedoman Penyusunan Piagam Unit Audit Internal; dan No.                        Committee; No. 56/POJK.04/2015 conerning the Establishment
9/POJK.04/2023 tentang Penggunaan Jasa Akuntan Publik dan                         and Preparation Guidelines of Internal Audit Unit Charter; and
Kantor Akuntan Publik dalam Kegiatan Jasa Keuangan.                               No. 9/POJK.04/2023 conerning the Use of Public Accountant and
                                                                                  Public Accounting Firm Services in Financial Services Activities.
                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                   Corporate Governance




                                                        Tugas                                                                     Anggaran Dasar
                                                        Duties                                                                 Articles of Association
  A    Melakukan pengawasan, dan bertanggung jawab atas pengawasan terhadap kebijakan dan jalannya                                  Pasal 23 ayat (1)
       pengurusan Perseroan, serta memberi nasihat kepada Direksi.                                                              Article 23 paragraph (1)
       To supervise, and be responsible to the supervision of policies and management of the Company, as well as to
       provide advice to the Board of Directors.

  B    Mengevaluasi, menyetujui dan mengesahkan Rencana Jangka Panjang Perusahaan (RJPP), Rencana Kerja dan                Pasal 23 ayat (4), Pasal 25 ayat (2)
       Anggaran Perusahaan (RKAP), dan Laporan Tahunan yang disampaikan oleh Direksi.                                      Article 23 paragraph (4), Article 25
                                                                                                                                                                  Laporan Keberlanjutan




       To evaluate, approve and ratify the Company’s Long Term Plan, the Company’s Work Plan and Budget, and the                      paragraph (2)
                                                                                                                                                                   Sustainability Report




       Company’s annual report submitted by the Board of Directors.

  C    Membentuk Komite Audit, dan dapat membentuk komite lainnya untuk mendukung efektivitas pelaksanaan                           Pasal 23 ayat (16)
       tugas dan tanggung jawab, sesuai dengan peraturan perundang-undangan yang berlaku.                                       Article 23 paragraph (16)
       To establish an Audit Committee, and may establish other committees to support the effectiveness of their
       duties and responsibilities, in accordance with applicable laws and regulations.

  D    Mengusulkan penunjukan Akuntan Publik (AP) dan/atau Kantor Akuntan Publik (KAP) yang akan diputuskan                Merujuk Pasal 3 ayat (1) POJK No.
       oleh RUPS berdasarkan rekomendasi Komite Audit.                                                                                   9/2023
       To propose the appointment of Public Accountant (AP) and/or Public Accounting Firm which will be decided by         Referring to Article 3 paragraph (1)
       the GMS based on the recommendation of the Audit Committee.                                                                of POJK No. 9/2023


                                                                                                                  2023 Integrated Annual Report             159
Page 162
PT Jakarta International Hotels & Development Tbk




                                                      Tugas                                                                      Anggaran Dasar
                                                      Duties                                                                  Articles of Association
  E   Melaksanakan fungsi Nominasi dan Remunerasi selama belum terbentuknya Komite Nominasi dan                          Merujuk Pasal 2 POJK No. 34/2014
      Remunerasi.                                                                                                        Referring to Article 2 of POJK No.
      To carry out the Nomination and Remuneration function of the Company while the Nomination and                                   34/2023
      Remuneration Committee has not been established.


                                                 Tanggung Jawab                                                                   Anggaran Dasar
                                                  Responsibilities                                                             Articles of Association

  1   Membuat laporan pertanggungjawaban jalannya kegiatan pengawasan atas kinerja Perseroan yang dimuat                  Merujuk Pasal 116 huruf c UU No.
      dalam Laporan Tahunan, dan dipertanggungjawabkan dalam RUPS tahunan.                                                            40/2007
      Prepare an accountability report on the course of supervisory activities on the Company’s performance               Referring to Article 116 letter c of
      published in the Annual Report, and to be accounted for in the annual GMS.                                                  Law No. 40/2007

  2   Bertanggung jawab secara tanggung renteng atas kerugian Perseroan yang disebabkan oleh kesalahan atau                       Pasal 23 ayat (18)
      kelalaian anggota Dewan Komisaris dalam menjalankan tugasnya.                                                           Article 23 paragraph (18)
      Collectively responsible for the Company’s losses caused by an error or negligence of members of the Board of
      Commissioners in carrying out their duties.

  3   Tidak dapat dipertanggungjawabkan atas kerugian Perseroan apabila dapat membuktikan:                                Merujuk Pasal 115 ayat (3) UU No.
      1. kerugian tersebut bukan karena kesalahan atau kelalaiannya;                                                                 40/2007
      2. telah melakukan pengawasan dengan itikad baik, penuh tanggung jawab, dan kehati-hatian untuk Referring to Article 115 paragraph (3)
          kepentingan dan sesuai dengan maksud dan tujuan Perseroan;                                                            of Law No. 40/2007
      3. tidak mempunyai benturan kepentingan baik langsung maupun tidak langsung atas tindakan pengurusan
          yang mengakibatkan kerugian; dan
      4. telah memberi nasihat untuk mencegah timbul atau berlanjutnya kerugian tersebut.
      Cannot be held accountable for the Company’s losses if they can prove:
      1. the loss is not due to his/her fault or negligence;
      2. has carried out supervision in good faith, full responsibility, and prudence for the interests and in accordance
          with the purposes and objectives of the Company;
      3. has no conflict of interest, either directly or indirectly, over the management actions that resulted in the
          loss; and
      4. has provided advice to prevent the cause or continuation of such losses.

Dalam hal pendelegasian wewenang oleh seorang anggota Dewan                      Delegation of authority by a member of the Board of Commissioners
Komisaris kepada anggota Dewan Komisaris lainnya hanya dapat                     to another member of the Board of Commissioners can only be
dilakukan melalui surat kuasa khusus untuk keperluan dimaksud.                   done through a special power of attorney for such purpose. This
Pendelegasian wewenang tersebut tidak melepaskan tanggung                        delegation of authority does not relieve the Board of Commissioners
jawab Dewan Komisaris secara kolektif.                                           of their collective responsibilities.


                                                    Wewenang                                                                      Anggaran Dasar
                                                    Authorities                                                                Articles of Association

  A   Tidak dapat bertindak sendiri-sendiri, melainkan berdasarkan keputusan Dewan Komisaris atau berdasarkan                      Pasal 22 ayat (2)
      penunjukan dari Dewan Komisaris.                                                                                         Article 22 paragraph (2)
      Cannot act individually, but based on the decision of the Board of Commissioners or based on the appointment
      of the Board of Commissioners.

  B   Memberhentikan sementara anggota Direksi dengan menyebutkan alasannya.                                                       Pasal 23 ayat (7)
      Temporarily suspend members of the Board of Directors by stating the reasons.                                            Article 23 paragraph (7)

  C   Memberikan persetujuan dan bantuan kepada Direksi dalam melakukan perbuatan hukum tertentu sebagaimana              Merujuk Pasal 117 ayat (1) UU No.
      diatur dalam anggaran dasar Perseroan.                                                                                           40/2007
      Provide approval and assistance to the Board of Directors in carrying out certain legal actions as stipulated in    Referring to Article 3 of POJK No.
      the Company’s articles of association.                                                                                           55/2015

  D   Mengangkat dan memberhentikan anggota Komite Audit.                                                                Merujuk Pasal 3 POJK No. 55/2015
      Appoint and dismiss members of the Audit Committee.

  E   Memberikan persetujuan atas pengangkatan dan pemberhentian Kepala Unit Audit Internal berdasarkan                  Merujuk Pasal 5 ayat (1) POJK No.
      mekanisme internal Perseroan.                                                                                                   56/2015
      Approve the appointment and dismissal of the Head of Internal Audit Unit based on the Company’s internal           Referring to Article 5 paragraph (1)
      mechanism.                                                                                                                of POJK No. 56/2015

  F   Dalam kondisi tertentu, Dewan Komisaris:                                                                                  Pasal 23 ayat (3, 14-15)
      1. wajib menyelenggarakan RUPS Tahunan dan RUPS lainnya sesuai dengan kewenangannya sebagaimana                       Article 23 paragraph (3, 14-15)
           diatur dalam peraturan perundang-undangan dan Anggaran Dasar; dan
      2. dapat melakukan tindakan pengurusan Perseroan untuk jangka waktu tertentu berdasarkan Anggaran
           Dasar atau keputusan RUPS.
      In certain conditions, the Board of Commissioners:
      1. shall organize the Annual GMS and other GMS in accordance with its authority as stipulated in the laws and
           regulations and the articles of association; and
      2. may perform management actions of the Company for a certain period of time based on the articles of
           association or GMS resolutions.




160    Laporan Tahunan Terintegrasi 2023
Page 163
                                                                                                               Integrating Excellence for Sustainability




Susunan dan Komposisi Dewan Komisaris                                                   Composition of the Board of Commissioners




                                                                                                                                                                            Prologue
                                                                                                                                                                             Prolog
                                                                                                                                                                            Performamnce Highlights
                                                                                                                                                                                 Ikhtisar Kinerja
                                                                                                                          Komposisi Dewan Komisaris merupakan
       Terdiri dari sedikit-dikitnya 3 (tiga) orang, yang                                                                 perpaduan profesional-profesional yang
      terdiri dari seorang Presiden Komisaris, sedikit-                                                                memiliki pengetahuan dan pengalaman yang
                                                                Wajib memiliki Komisaris Independen yang             dibutuhkan Perseroan sehingga memungkinkan
      dikitnya seorang Wakil Presiden Komisaris dan          jumlahnya paling kurang 30% dari jumlah seluruh
              sedikit-dikitnya seorang Komisaris.                                                                    dilakukannya proses pengambilan putusan yang
                                                                       anggota Dewan Komisaris.                                 efektif, efisien dan segera.
      Consists of at least 3 (three) members with one          Independent Commissioners must be at least
       President Commissioner, one Vice-President                                                                     The composition of the Board of Commissioners
                                                                30% from the total members of the Board of           is a mix of professionals who possess knowledge
      Commissioner or more, and one Commissioner                             Commissioners.
                           or more.                                                                                    and experience required by the Company that
                                                                                                                      enable an effective, efficient, and quick decision




                                                                                                                                                                            Laporan Manajemen
                                                                                                                                                                            Management Report
                                                                                                                                       making process.



Pada RUPST Tahun Buku 2022 tanggal 27 Juni 2023 diputuskan                              At the 2022 Fiscal Year AGMS on June 27, 2023, it was decided to
menerima pengunduran diri dari Teuku Ashikin Husein sebagai                             accept the resignation of Teuku Ashikin Husein as a Commissioner,
Komisaris yang sebelumnya telah mengundurkan diri sejak 25 Mei                          who had previously resigned on May 25, 2023. There was
2023. Tidak ada penggantian dan penambahan anggota Dewan                                no replacement or addition of new members of the Board of
Komisaris baru pada RUPST 27 Juni 2023, sehingga susunan                                Commissioners at the AGMS on June 27, 2023; thus, the Company’s
anggota Dewan Komisaris Perseroan per 31 Desember 2023                                  Board of Commissioners as of December 31, 2023 consists of 5




                                                                                                                                                                            Profil Perusahaan
berjumlah 5 (lima) orang, yang terdiri dari 1 (satu) orang Presiden                     (five) members, consisting of 1 (one) President Commissioner:




                                                                                                                                                                             Company Profile
Komisaris: Sugianto Kusuma, 2 (dua) orang Wakil Presiden                                Sugianto Kusuma, 2 (two) Deputy President Commissioners: Tomy
Komisaris: Tomy Winata dan Hartono Tjahjadi Adiwana, dan 2 (dua)                        Winata and Hartono Tjahjadi Adiwana, and 2 (two) Independent
Komisaris Independen: Ku Siew Kuan dan Lidwina Ong.                                     Commissioners: Ku Siew Kuan and Lidwina Ong.

Sementara keberadaan 2 (dua) orang komisaris independen                                 The presence of 2 (two) independent commissioners with the
sehubungan dengan berkurangnya jumlah anggota Dewan                                     resignation of a member of the Board of Commissioners in the
Komisaris di Perseroan, masih memenuhi ketentuan Pasal 20 ayat                          Company, still meets the provisions of Article 20 paragraph (3) of




                                                                                                                                                                            Analisis dan Pembahasan Manajemen
(3) Peraturan OJK No. 33/POJK.04/2014, dimana setiap emiten                             OJK Regulation No. 33/POJK.04/2014, where every issuer or public




                                                                                                                                                                             Management Discussion and Analysis
atau perusahaan publik harus memiliki Komisaris Independen                              company must have Independent Commissioners at least 30% of
sekurang-kurangnya 30% dari jumlah seluruh anggota Dewan                                the total members of the Board of Commissioners.
Komisaris.

Pernyataan Independensi Dewan Komisaris                                                 Statement of Independence of The Board of
                                                                                        Commissioners
Seluruh anggota Dewan Komisaris mengutamakan sikap                                      All members of the board of commissioners prioritize an attitude
independensi dalam menjalankan tugas dan tanggung jawabnya,                             of Independence in carrying out their duties and resposibilities,
tanpa adanya intervensi, benturan kepentingan pribadi ataupun                           without intervention, personal conflicts of interest or other conflicts
benturan kepentingan lainnya.                                                           of interest.


                                                                     Pernyataan Independensi
                                                                     Independency Statement




                                                                                                                                                                            Human Capital
  1      Bukan bagian dari manajemen;




                                                                                                                                                                            Human Capital
         Not a part of the management;
 2       Bebas dari hubungan usaha dan hubungan lainnya yang dapat mempengaruhi keputusan;
         Free from business relationship and other relationship that can influence decisions;
 3       Bukan pemegang saham mayoritas atau pejabat pada institusi pemegang saham mayoritas, atau terasosiasi langsung dengan pemegang saham
         mayoritas;
         Not a major shareholder or official in the major shareholder institution, or directly associated with the major shareholder;
 4       Bukan karyawan atau pernah dipekerjakan sebagai eksekutif pada Perseroan/afiliasi, setidaknya 3 (tiga) tahun sebelum menjadi Komisaris;
                                                                                                                                                                            Tata Kelola Perusahaan
                                                                                                                                                                             Corporate Governance



         Not an employee or have been employed as an executive in the Company/affiliates, at least 3 (three) years prior to becoming a Commissioner;
 5       Bukan penasihat atau konsultan utama yang material bagi Perseroan/afiliasi, atau karyawan yang terasosiasi langsung dengan penyediaan jasa,
         setidaknya 3 (tiga) tahun sebelum menjadi Komisaris;
         Not the main advisor or consultant who is material to the Company/affiliates, or employees who are directly associated with the provision of services, at
         least 3 (three) years prior to becoming a Commissioner;
 6       Tidak terikat dalam perjanjian dengan Perseroan/afiliasi selain sebagai Komisaris; dan
         Not being bounded by an agreement with the Company/affiliates other than as a Commissioner; and
 7       Tidak memiliki hubungan keluarga sedarah dan semenda, serta memegang posisi direktur di tempat lain yang dapat mempengaruhi independensi.
         Has no blood or marriage relationship, and holds a position of Director in other places that can affect his/her independency.
                                                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                                                             Sustainability Report




                                                                                                                     2023 Integrated Annual Report                    161
Page 164
PT Jakarta International Hotels & Development Tbk




Rangkap Jabatan Dewan Komisaris                                                    Concurrent Position of the Board of Directors
Pengaturan rangkap jabatan dewan komisaris di perusahaan                           Provisions regarding concurrent positions of the Board of
terbuka merujuk pada Pasal 24 ayat (1-3) Peraturan OJK No. 33/                     Commmissioners as a public company refer to Article 24 paragraph
POJK.04/2014, yang diadopsi oleh Perseroan di Pasal 22 ayat (8-9)                  (1-3) of OJK Regulation No. 33/POJK.04/2014, which was adopted
Anggaran Dasar.                                                                    by the Company in Article 22 paragraph (8-9) of the Articles of
                                                                                   Association.


                                                       Rangkap Jabatan Anggota Dewan Komisaris
                                                     Concurrent Position of the Board of Commissioners

    a   Anggota Direksi paling banyak pada 2 (dua) perusahaan publik lain;
        Member of the Board of Directors at most in 2 (two) other public companies;

    b   Anggota Dewan Komisaris paling banyak pada 2 (dua) perusahaan publik lain;
        Member of the Board of Commissioners at most in 2 (two) other public companies; and/or

    c   Anggota Dewan Komisaris paling banyak pada 4 (empat) perusahaan publik lain, di mana yang bersangkutan tidak menjadi anggota Direksi pada
        perusahaan publik lain; dan
        Committee member in a maximum of 4 (four) committees in other public companies, where the person concerned is not a member
        of the Board of Directors in other public companies; and

    d   Anggota komite paling banyak pada 5 (lima) komite di perusahaan publik lain, di mana yang bersangkutan juga menjadi anggota Direksi atau anggota
        Dewan Komisaris.
        Committee member in a maximum of 5 (five) committees in other public companies, where the person concerned is also a member
        of the Board of Directors or a member of the Board of Commissioners.


Dalam hal rangkap jabatan oleh anggota Dewan Komisaris                             In terms of concurrent position, members of the Company’s Board
Perseroan per 31 Desember 2023 telah memenuhi ketentuan                            of Commissioners have fulfilled the requirements in the prevailing
peraturan perundang-undangan yang berlaku.                                         laws and regulations as of December 31, 2023.


                                                         Wakil Komisaris        Komisaris/Komisaris
                               Komisaris Utama
          Nama                                                Utama                 Independen                Direktur Utama        Wakil Direktur Utama
                              President Commis-
          Name                                         Vice-President Com-     Commissioner/Indepen-         President Director     Vice-President Director
                                    sioner
                                                            missioner            dent Commissioner

Sugianto Kusuma            PT Kharisma Arya Paksi    PT Bank Artha Graha                                   PT Pantai Indah Kapuk
                                                     Internasional Tbk                                     Dua Tbk

Tomy Winata                                          PT Bank Artha Graha                                   PT Kharisma Arya Paksi   PT Buanagraha
                                                     Internasional Tbk                                                              Arthaprima

Hartono Tjahjadi           PT Electronic City                                  •      PT Dharma Harapan
Adiwana                    Indonesia Tbk                                              Raya
                                                                               •      PT Pacific Place
                                                                                      Jakarta
                                                                               •      PT Artharaya
                                                                                      Unggul Abadi
                                                                               •      PT Graha
                                                                                      Sampoerna

Ku Siew Kuan                                                                   •      PT Danayasa
                                                                                      Arthatama
                                                                               •      PT Electronic City
                                                                                      Indonesia Tbk

Lidwina Ong


Laporan Pengawasan Dewan Komisaris Tahun                                           Board of Commissioners’ Supervisory Report in
2023                                                                               2023
Tugas dan tanggung jawab yang telah diselesaikan oleh Dewan                        The Board of Commissioners has carried out the following duties
Komisaris sepanjang 2023:                                                          and responsibilities throughout 2023:


1        Melakukan penilaian kinerja Dewan Komisaris tahun 2023 dengan Conducted a performance assessment of the Board of Commissioners in
         metode penilaian sendiri;                                     2023 with a self-assessment method;

2        Memastikan seluruh jenjang organisasi Perseroan menerapkan prinsip- Ensured that all levels of the Company’s organization implement GCG
         prinsip GCG dan memastikan pelaksanaan manajemen risiko dilakukan principles and ensured that risk management is carried out appropriately
         dengan tepat dan menyeluruh;                                        and thoroughly;

3        Melakukan penelaahan dan memberikan persetujuan atas Rencana Kerja Reviewed and approved the Company’s Work Plan and Budget of 2024
         dan Anggaran Perusahaan (RKAP) tahun 2024 yang disampaikan Direksi; submitted by the Board of Directors;

4        Memberikan nasihat kepada Direksi berhubungan dengan hal-hal yang Provided advice to the Board of Directors in relation to matters that may
         dapat memengaruhi perkembangan dan kinerja Perseroan melalui rapat affect the development and performance of the Company through the
         Dewan Komisaris yang mengundang Direksi;                           Board of Commissioners meeting inviting the Board of Directors;

5        Membahas Laporan Keuangan Konsolidasian Perseroan tahun 2022 Discussed the Company’s 2022 Financial Statements with the Audit
         bersama Komite Audit dan Auditor Eksternal independen; dan   Committee and independent External Auditor; and




162       Laporan Tahunan Terintegrasi 2023
Page 165
                                                                                                     Integrating Excellence for Sustainability




6      Mengikuti perkembangan aktivitas Perseroan melalui informasi dari Monitored the Company’s activities through internal and external




                                                                                                                                                    Prologue
       internal dan eksternal.                                           information.




                                                                                                                                                     Prolog
Penilaian atas Kinerja Komite Audit
Dewan Komisaris secara berkala melakukan penilaian terhadap                  Performance Assessment of the Audit Committee




                                                                                                                                                    Performamnce Highlights
kinerja Komite Audit. Hasil penilaian kinerja Komite Audit dapat             The Board of Commissioners periodically assesses the performance
dilihat pada pembahasan Komisaris pada bagian Penilaian Atas                 of Audit Committee. The performance assessment results of the




                                                                                                                                                         Ikhtisar Kinerja
Kinerja Komite Audit di Laporan Tahunan ini.                                 Audit Committee can be seen in the Board of Commissioners’
                                                                             discussion under the Audit Committee Performance Assessment
                                                                             section on this Annual Report.
Penilaian secara individual meliputi kehadiran dalam rapat,
kemampuan bekerja sama dan berkomunikasi secara aktif sesama                 Individual assessment includes attendance at meetings, ability
anggota, integritas, kemampuan memahami visi, misi dan rencana               to collaborate and communicate actively with fellow members,
strategis Perseroan. Penilaian kolektif mempertimbangkan kualitas            integrity, ability to understand the Company’s vision, mission and
atas saran/rekomendasi merespon topik-topik spesifik sesuai                  strategic plans. The collective assessment considers the quality




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
bidang tugasnya untuk didiskusikan dan disampaikan sebagai                   of suggestions/recommendations on specific topics according
bahan pengawasan dan pemberian nasihat bagi Direksi dalam                    to their field of work to be discussed and submitted as material
rapat-rapat Dewan Komisaris maupun Rapat Koordinasi dengan                   for supervision and provision of advice to the Board of Directors
Direksi.                                                                     in meetings of the Board of Commissioners and Coordination
                                                                             Meetings with the Board of Directors.
Berdasarkan hasil penilaian yang telah dilakukan, Dewan Komisaris
dengan hasil penilaiannya, menilai seluruh anggota Komite Audit              Based on the assessment results, the Board of Commissioners
telah menjalankan tugas dan tanggung jawabnya dengan baik,                   considers that all members of the Audit Committee have carried




                                                                                                                                                    Profil Perusahaan
dan telah memberikan masukan dan rekomendasi yang sangat                     out their duties and responsibilities well, and have provided very




                                                                                                                                                     Company Profile
berguna terkait bidangnya masing-masing.                                     useful input and recommendations regarding their respective
                                                                             fields.
Pengembangan Dewan Komisaris
Perseroan juga mendorong anggota Dewan Komisaris untuk                       Board of Commissioners’ Development
senantiasa meningkatkan kompetensinya dalam rangka menunjang                 The Company also encourages members of the Board of
pelaksanaan fungsi dan tugas pengawasan. Dengan difasilitasi                 Commissioners to continually improve their competence in order
oleh Sekretaris Perusahaan, Dewan Komisaris telah mengikuti                  to support the implementation of their supervisory functions




                                                                                                                                                    Analisis dan Pembahasan Manajemen
program pengembangan dalam bentuk workshop, seminar dan                      and duties. Facilitated by the Corporate Secretary, the Board of




                                                                                                                                                     Management Discussion and Analysis
konferensi untuk menyelaraskan pengetahuan dan kompetensi                    Commissioners has participated in development programs in the
dengan perkembangan bisnis, yang bermanfaat meningkatkan                     form of workshops, seminars and conferences to align knowledge
efektivitas tugas dan tanggung jawab.                                        and competence with business development, which is beneficial in
                                                                             increasing the effectiveness of duties and responsibilities.
      Dewan Komisaris          Tanggal                       Topik Workshop, Seminar & Konferensi                         Penyelenggara      Jam
    Board of Commissioners      Date                         Workshop, Seminar & Conference Topics                          Organizer        Time

Hartono Tjahjadi Adiwana     14 Jan       Tren Perbankan di Tahun 2023                                                   OJK                 3,0
                                          Banking Trend in 2023

                             24 Agu       Leadership in Changing Atmosphere                                              OJK                 3,0
                             13 Sep       Sustainability in Action: Opportunities for a Better Tomorrow in Indonesia     CIMB Niaga          3,0

Ku Siew Kuan                 13 Apr       Mengatasi Tantangan dan Menghadapi Perubahan dalam Sektor Jasa                 OJK                 3,0
                                          Keuangan




                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
                                          Overcoming Challenges and Facing Change in the Financial Services Sector

                             14 Sep       Pemanfaatan Internet of Things (Iot) di Industri Jasa Keuangan                 OJK                 3,0
                                          Capitalizing on Internet of Things (IoT) in Financial Services Industry

                             14 Des       Economic Outlook 2024: Penguatan Ekonomi Indonesia                             ICSA                2,0
                                          Economic Outlook 2024: Strengthening the Indonesian Economy

Lidwina Ong                  13 Jul       Manajemen Stress di Era Digital                                                OJK                 3,0
                                                                                                                                                    Tata Kelola Perusahaan

                                          Stress Management in Digital Era
                                                                                                                                                     Corporate Governance




                             12 Okt       The Corporate Governance Officer’s Role in Driving Resilience                  ICSA                2,0
                             2 Nov        Assuring Family Owned Business Sustainability by Building Trust Through        KNKG                3,0
                                          Governance

Jumlah | Total                                                                                                                               25,0


Program Orientasi Dewan Komisaris Baru                                       Orientation Program for New Member of the Board
                                                                             of Commissioners
Sekretaris Perusahaan bertanggung jawab atas pelaksanaan                     The Corporate Secretary is responsible for organizing the
                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                     Sustainability Report




program orientasi kepada anggota komisaris baru. Tujuannya untuk             orientation program for new commissioners. The aim is to provide
memberikan gambaran atas aktivitas bisnis, rencana perusahaan                business overview, future company plans, work guidelines and
ke depan, pedoman kerja dan hal lainnya yang menjadi tanggung                other matters that are under the responsibility of the Board of
jawab Dewan Komisaris.




                                                                                                             2023 Integrated Annual Report    163
Page 166
PT Jakarta International Hotels & Development Tbk




Program tersebut dilaksanakan paling lama 1 (satu) bulan setelah                Commissioners.
pengangkatannya, dengan mempresentasikan materi-materi yang
relevan bagi tugas, tanggung jawab dan wewenang-nya. Meliputi                   The program is held no later than 1 (one) month after the
Tata Kelola Perusahaan, Kinerja Perseroan, Manajemen Risiko, dan                appointment, by presenting material relevant to BOC duties,
topik-topik yang relevan dengan bidang tugasnya.                                responsibilities and authorities. The program covers Corporate
                                                                                Governance, Company Performance, Risk Management, and
Perseroan tidak memberikan program orientasi dikarenakan tidak                  topics relevant to their field of work.
ada anggota komisaris baru yang diangkat pada saat RUPST 27
Juni 2023.                                                                      The Company did not provide orientation program since no new
                                                                                commissioners were appointed at the AGMS on June 27 2023.




Informasi Hubungan Dewan Komisaris dan Direksi
Information of The Relationship of The Board of Commissioners
and Directors

Hubungan Kerja Dewan Komisaris dan Direksi                                      Working Relations between the Board                                    of
                                                                                Commissioners and the Board of Directors
Dewan Komisaris dan Direksi bekerja dalam hubungan yang                         The Board of Commissioners and the Board of Directors work
bersifat formal, dengan mekanisme sesuai ketentuan peraturan                    in a formal relationship based on the mechanisms stipulated in
perundang-undangan, dan disertai sikap saling menghormati                       the statutory regulations, and accompanied by an attitude of
dan menghargai dalam pelaksanaan tugas dan tanggung jawab                       mutual respect and appreciation in carrying out their duties and
mereka terhadap kelangsungan operasional dan keberlanjutan                      responsibilities for the operational continuity and sustainability of
bisnis Perseroan.                                                               the Company’s business.

Hubungan kerja yang harmonis antara Dewan Komisaris dengan                      A harmonious working relationship between the Board of
Direksi menjadi hal sangat penting agar masing-masing organ                     Commissioners and the Board of Directors is essential so that each
dapat bekerja sesuai tugas dan fungsinya dengan efektif dan                     organ can work according to its duties and functions effectively
efisien.                                                                        and efficiently.

Hubungan kerja Dewan Komisaris dan Direksi merujuk pada                         The working relations between the Board of Commissioners and
peraturan perundang-undangan sebagaimana tercantum dalam                        Directors refers to the statutory regulations as stated in the Articles
Anggaran Dasar dapat mencakup, tetapi tidak terbatas pada hal-                  of Association which may include, but are not limited to the matters
hal di bawah ini.                                                               below:


                              Hubungan Kerja Dewan Komisaris – Direksi                                                      Anggaran Dasar
                   Work Relations of the Board of Commissioners – Board of Directors                                     Articles of Association
  1   Dewan Komisaris menyetujui dan mengesahkan Rencana Jangka Panjang Perusahaan (RJPP) dan Rencana               Pasal 23 ayat (4), Pasal 25 ayat (2)
      Kerja dan Anggaran Perusahaan (RKAP) yang disiapkan Direksi.                                                  Article 23 paragraph (4), Article 25
      The Board of Commissioners approved and ratified the Company’s Long-Term Plan (RJPP) and Work Plan and                   paragraph (2)
      Budget (RKAP) prepared by the Board of Directors.

  2   Dewan Komisaris menyetujui usulan Direksi perihal pengangkatan dan pemberhentian Kepala Unit Audit            Merujuk Pasal 5 ayat (1) POJK No.
      Internal.                                                                                                                  56/2015.
      The Board of Commissioners approves the proposal of the Board of Directors regarding the appointment and      Referring to Article 5 paragraph (1)
      dismissal of the Head of the Internal Audit Unit.                                                                     POJK No. 56/2015.

  3   Direksi wajib mengadakan rapat bersama Dewan Komisaris, sebaliknya Dewan Komisaris juga wajib                 Pasal 21 ayat (1b), Pasal 24 ayat (2)
      mengadakan rapat bersama Direksi secara berkala paling kurang satu kali dalam 4 (empat) bulan.                Article 21 paragraph (1b), Article 24
      The Board of Directors must hold a joint meeting with the Board of Commissioners, and the Board of                        paragraph (2)
      Commissioners must also hold a joint meeting with the Board of Directors periodically at least once every 4
      (four) months.




164    Laporan Tahunan Terintegrasi 2023
Page 167
                                                                                                       Integrating Excellence for Sustainability




                              Hubungan Kerja Dewan Komisaris – Direksi                                                         Anggaran Dasar




                                                                                                                                                              Prologue
                   Work Relations of the Board of Commissioners – Board of Directors                                        Articles of Association




                                                                                                                                                               Prolog
  4   Direksi memerlukan persetujuan tertulis Dewan Komisaris dalam menjalankan tindakan:                                        Pasal 20 ayat (4)
      • meminjam atau meminjamkan uang kas atas nama Perseroan;                                                              Article 20 paragraph (4)
      • mengikat Perseroan sebagai Penanggung/Penjamin;




                                                                                                                                                              Performamnce Highlights
      • membeli, menjual atau cara lain mendapatkan atau melepaskan hak atas barang tidak bergerak, termasuk
           bangunan-bangunan dan hak-hak atas tanah, serta perusahaan-perusahaan;




                                                                                                                                                                   Ikhtisar Kinerja
      • menggadaikan atau membebankan barang-barang kekayaan Perseroan;
      • melepaskan hak-hak tidak berwujud, seperti hak paten dan/atau merek; dan
      • menjual, mengindahkan, menggadaikan ataupun dengan cara lain menjaminkan saham-saham Perseroan
           dalam perusahaan lain, dan membeli saham-saham dalam perusahaan-perusahaan lain, serta turut serta
           dalam perusahaan-perusahaan atau badan hukum lain.
      The Board of Directors requires written approval from the Board of Commissioners in carrying out the
      following actions:
      • borrowing or lending cash on behalf of the Company;
      • binding the Company as an Insurer/Guarantor;
      • buying, selling or otherwise acquiring or disposing of rights to immovable property, including buildings




                                                                                                                                                              Laporan Manajemen
                                                                                                                                                              Management Report
           and land rights, and companies;
      • pledge or charge the Company’s assets;
      • relinquish intangible rights, such as patents and/or brands; and
      • sell, transfer, mortgage or otherwise pledge the Company’s shares in other companies, and purchase
           shares in other companies, as well as participate in other companies or legal entities.

  5   Direksi harus memberikan semua keterangan yang berkenaan dengan Perseroan sebagaimana diperlukan                         Pasal 23 ayat (6)
      oleh Dewan Komisaris untuk pelaksanaan tugas pengawasan.                                                               Article 23 paragraph (6)
      The Board of Directors shall provide all information relating to the Company as required by the Board of
      Commissioners for the performance of its supervisory duties.




                                                                                                                                                              Profil Perusahaan
                                                                                                                                                               Company Profile
Rapat Direksi, Rapat Dewan Komisaris dan Rapat                                 Board of Directors’ Meeting, Board of Commissioners’
Bersama                                                                        Meeting and Joint Meeting
Direksi dan Dewan Komisaris wajib mengadakan rapat-rapat                       The Board of Directors and the Board of Commissioners are
baik secara internal di kalangan masing-masing: Direksi ataupun                required to hold internal meetings with their respective members:
Dewan Komisaris, serta rapat bersama Direksi dengan Dewan                      the Board of Directors or the Board of Commissioners, as well as
Komisaris. Ketentuan mengenai penyelenggaraan rapat-rapat                      joint meetings between the Board of Directors and the Board of




                                                                                                                                                              Analisis dan Pembahasan Manajemen
tersebut tercantum dalam Anggaran Dasar di Pasal 21 dan Pasal                  Commissioners. Provisions regarding the organization of these




                                                                                                                                                               Management Discussion and Analysis
24, yang merujuk kepada Pasal 16-19 dan Pasal 31-34 Peraturan                  meetings are contained in the Articles of Association in Article 21
OJK No. 33/POJK.04/2024.                                                       and Article 24, which refer to Articles 16-19 and Articles 31-34 of
                                                                               OJK Regulation No. 33/POJK.04/2024.


           Keterangan                              Rapat Direksi                                            Rapat Dewan Komisaris
           Description                       Board of Directors’ Meeting                                Board of Commissioners’ Meeting
Jadwal                           Direksi wajib mengadakan rapat paling kurang:              Dewan Komisaris wajib mengadakan rapat paling kurang:
Schedule                         a. 1 (satu) kali dalam setiap bulan; dan                   a. 1 (satu) kali dalam 2 (dua) bulan, dan
                                 b. 1 (satu) kali dalam 4 (empat) bulan bersama Dewan       b. 1 (satu) kali dalam 4 (empat) bulan bersama Direksi.
                                     Komisaris.                                             The Board of Commissioners must hold a meeting at least:
                                 The Board of Directors must hold a meeting at least:       a. 1 (one) time in 2 (two) months, and
                                 a. 1 (one) time in a month; and                            b. 1 (one) time in 4 (four) months with the Board of Directors
                                 b. 1 (one) time in 4 (four) months together with the
                                     Board of Commissioners




                                                                                                                                                              Human Capital
                                                                                                                                                              Human Capital
                                 Direksi dan Dewan Komisaris harus menjadwalkan rapat untuk tahun berikutnya sebelum berakhirnya tahun buku.
                                 The Board of Directors and Board of Commissioners must schedule meetings for the following year before the end of
                                 the fiscal year.

Pemanggilan                      Dilakukan oleh Sekretaris Perusahaan atas nama Direksi atau Dewan Komisaris selambat-lambatnya:
Invitation                       a. 5 (lima) hari sebelum rapat, pada rapat yang telah dijadwalkan, atau
                                 b. 3 (tiga) hari sebelum rapat, apabila ada hal-hal yang hendak dibicarakan dan perlu segera diselesaikan.
                                 Dengan tidak memperhitungkan tanggal pemanggilan dan rapat.
                                 Carried out by the Corporate Secretary on behalf of the Board of Directors or Board of Commissioners no later than:
                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                               Corporate Governance




                                 a. 5 (five) days prior to the meeting, at the scheduled date, or
                                 b. 3 (three) days prior to the meeting, if there are matters to be discussed and need to be resolved immediately.
                                 Not taking into account the date of the summons and meeting.

Penyampaian Materi               Kepada peserta selambat-lambatnya:
Material Submission              a. 5 (lima) hari sebelum rapat diselenggarakan pada rapat yang telah dijadwalkan; dan
                                 b. sebelum rapat diselenggarakan pada rapat di luar jadwal yang telah disusun.
                                 Delivered to participants no later than:
                                 a. 5 (five) days prior to the meeting for a scheduled date; and
                                 b. before the meeting is held for unscheduled meeting.

Kehadiran                        a.   Rapat dapat dilangsungkan apabila dihadiri oleh mayoritas anggota Direksi atau anggota Dewan Komisaris.
                                                                                                                                                              Laporan Keberlanjutan




Attendance                       b.   Kehadiran anggota Direksi atau anggota Dewan Komisaris dalam rapat diungkapkan dalam laporan tahunan
                                                                                                                                                               Sustainability Report




                                      Perseroan.
                                 a.   The meeting can be held if attended by the majority members of the Board of Directors or Board of Commissioners.
                                 b.   Attendance of the Board of Directors or Board of Commissioners members in the meeting is disclosed in the
                                      Company’s annual report.

Pengambilan Keputusan            •    Dilakukan berdasarkan musyawarah mufakat; atau
Decision Making                  •    Berdasarkan suara terbanyak, yaitu lebih dari ½ (satu per dua) bagian dari jumlah suara yang dikeluarkan secara
                                      sah dalam Rapat.
                                 •    Based on deliberation to reach a consensus; or
                                 •    Based on a majority vote, which is more than ½ (one half) of the total number of votes legally cast in the Meeting.



                                                                                                               2023 Integrated Annual Report            165
Page 168
PT Jakarta International Hotels & Development Tbk




             Keterangan                                Rapat Direksi                                         Rapat Dewan Komisaris
             Description                         Board of Directors’ Meeting                             Board of Commissioners’ Meeting
 Pimpinan Rapat                    •    Presiden Direktur; atau                            •    Presiden Komisaris; atau
 Meeting Chairman                  •    salah seorang anggota Direksi, apabila Presiden    •    salah seorang anggota Dewan Komisaris apabila Presiden
                                        Direktur berhalangan atau tidak hadir.                  Komisaris berhalangan atau tidak hadir.
                                   •    President Director; or                             •    President Commissioner; or
                                   •    One of the members of the Board of Directors,      •    One of the members of the Board of Commissioners if the
                                        if the President Director is unable to attend or        President Commissioner is unable to attend or absent.
                                        absent.

 Risalah Rapat                     •    Dibuat oleh Sekretaris Perusahaan, ditandatangani oleh dan disampaikan kepada seluruh anggota Direksi atau
 Minutes of Meeting                     anggota Dewan Komisaris yang hadir;
                                   •    wajib didokumentasikan oleh Perseroan.
                                   •    Made by the Corporate Secretary, signed by and submitted to all attended members of the Board of Directors or
                                        members of the Board of Commissioners;
                                   •    Must be documented by the Company.


Keputusan yang dihasilkan secara sah dalam Rapat Direksi atau                   All valid resolutions in the Board of Directors’ Meeting or the Board
Rapat Dewan Komisaris Rapat Bersama bersifat mengikat bagi                      of Commissioners’ Meeting are binding for all members of the
seluruh anggota: Direksi dan Dewan Komisaris.                                   Board of Directors and Board of Commissioners.

Direksi dan Dewan Komisaris juga dapat mengambil keputusan                      The Board of Directors and the Board of Commissioners may also
yang sah tanpa mengadakan Rapat Direksi atau Rapat Dewan                        adopt valid resolutions without holding a meeting of the Board of
Komisaris dengan ketentuan semua anggota Direksi dan anggota                    Directors or a meeting of the Board of Commissioners provided
Dewan Komisaris telah diberikan secara tertulis mengenai usul                   that all members of the Board of Directors and members of the
yang bersangkutan, dan semua anggota Direksi dan anggota                        Board of Commissioners have been given written notice of the
Dewan Komisaris memberikan persetujuan mengenai usul yang                       relevant proposal, and all members of the Board of Directors and
diajukan secara tertulis, serta menandatangani persetujuan atau                 members of the Board of Commissioners give their consent to the
keputusan tersebut.                                                             proposal submitted in writing, and sign the consent or resolution.

Rapat Direksi 2023                                                              Board of Directors’ Meeting in 2023
Rapat Direksi telah diselenggarakan sebanyak 12 (dua belas) kali,               The Board of Directors has held 12 (twelve) internal meetings every
yang dilaksanakan pada minggu kedua atau ketiga setiap bulan                    second week of each month throughout 2022. Below are the
di sepanjang 2023. Di bawah ini adalah tanggal, kehadiran dan                   dates, attendance and agenda of the Board of Directors’ Meetings
agenda Rapat Direksi dari Januari hingga Desember 2023.                         from January to December 2023.


                       Presiden Direktur                                                         Direktur
 Tanggal               President Director                                                        Director
  Date              Arpin              Santoso            Lanny             Agung Rin                                                    Hendra
                                                                                               Hendi Lukman      Tony Soesanto
                 Wiradisastra          Gunara*       Pujilestari Liga        Prabowo                                                    Kurniawan
19 Jan

16 Feb

16 Mar

13 Apr

17 Mei

07 Jun

20 Jul

16 Agu

21 Sep

19 Okt

23 Nov

13 Des

Total                  6                 6                  12                   12                 11                   9                   12
        %             100,0             100,0             100,0                100,0                91,6               75,0                 100,0

Note: Per RUPST 27 Juni 2023: Santoso Gunara menggantikan Arpin Wiradisastra sebagai Presiden Direktur.
Note: As of the AGMS on June 27, 2023: Santoso Gunara replaced Arpin Wiradisastra as President Director.




166         Laporan Tahunan Terintegrasi 2023
Page 169
                                                                                                     Integrating Excellence for Sustainability




                                        Agenda Rapat                                         Rapat Direksi | Board of Directors Meeting
    No




                                                                                                                                                      Prologue
                                       Meeting Agenda




                                                                                                                                                       Prolog
                                                                                 1   2   3       4     5     6      7     8     9     10   11   12
1    Kinerja Hotel, Gedung Perkantoran dan Mal:
     Hotels, Office Buildings and Malls Performance:
         a   Hotel: HBJ, DKPH, DHA, PHC, RCPP, The Langham




                                                                                                                                                      Performamnce Highlights
             Kinerja Hotel, Gedung Perkantoran dan Mal:




                                                                                                                                                           Ikhtisar Kinerja
         b   Gedung Perkantoran: Gedung BEI, Revenue Tower & One Pacific
             Place
             Office Buildings: IDX Building, Revenue Tower & One Pacific Place
         c   Mal: Elysee dan Pacific Place
             Malls: Elysee and Pacific Place
2    Proyek-Proyek JIHD:
     JIHD Projects
         a   Pengembangan SCBD Park (Lot 6, 7 dan 8 SCBD)




                                                                                                                                                      Laporan Manajemen
             SCBD Park Development (Lot 6, 7 and 8 SCBD)




                                                                                                                                                      Management Report
         b   Proyek Blochaus (Pondok Cabe)
             Blochaus Project (Pondok Cabe)
         c   Proyek Batam Rempang Eco City
             Batam Rempang Eco City Project
         d   Proyek Borobudur City
             Batam Rempang Eco City Project
         e   The Pakubuwono Menteng
             The Pakubuwono Menteng




                                                                                                                                                      Profil Perusahaan
                                                                                                                                                       Company Profile
3    Manajemen Properti
     Property Management
         a   Renovasi MEP dan kamar Hotel Borobudur Jakarta (HBJ)
             Renovation of MEP and rooms of Hotel Borobudur Jakarta (HBJ)
4    Human Capital
     Human Capital
         a   Program pengembangan/pelatihan kader dan non kader.




                                                                                                                                                      Analisis dan Pembahasan Manajemen
             Cadre and non-cadre development/training program




                                                                                                                                                       Management Discussion and Analysis
         b   Program Fast Track SI Terapan (D4)
             Applied SI (D4) Fast Track Program
         c   Program peningkatan Performance Management System.
             Performance Management System improvement program.
         d   Program Sertifikasi Grup JIHD
             Performance Management System improvement program.
         e   Program Pokja Jakarta E-Prix 2023
             Pokja Jakarta E-Prix 2023 Program
5    Kepatuhan:
     Compliance:
         a   Indeks pemenuhan penerapan pedoman pengadaan barang/jasa,
             K3 & Lingkungan ke Entitas Anak.
             Fulfillment index for the implementation guidelines for
             procurement of goods/services, OHS & Environment to




                                                                                                                                                      Human Capital
                                                                                                                                                      Human Capital
             Subsidiaries.
         b   Audit Operasional Entitas Anak PT First Jakarta International.
             Operational Audit of Subsidiary, PT First Jakarta International.
         c   Monitoring standard kepatuhan di Grup JIHD
             Monitoring of compliance standard in JIHD Group
         d   Implementasi 5R di Grup JIHD
             Implementation of 5R in JIHD Group
                                                                                                                                                      Tata Kelola Perusahaan
                                                                                                                                                       Corporate Governance



         e   Pedoman Pemeliharaan dan Perawatan Bangunan Gedung
             Building Care and Maintenance Guidelines
6    Human Data Record:
     Human Data Record:
         a   Sosialisasi dan implementasi Eco-Warrior JIHD
             Socialization and implementation of Eco-Warrior JIHD
         b   Pengembangan Aplikasi HDR
             Development of HDR Application
         c   Laporan harian karyawan
             Employee daily report
                                                                                                                                                      Laporan Keberlanjutan
                                                                                                                                                       Sustainability Report




         d   Laporan demografi karyawan dan kader
             Employee and cadre demography report
         e   Program nomor telepon khusus manajemen
             Employee and cadre demography report
         f   Kegiatan untuk karyawan (buka puasa, HUT RI, MCU, dll)
             Activities for employee (break fasting, RI Anniversary, MCU, etc)




                                                                                                           2023 Integrated Annual Report        167
Page 170
PT Jakarta International Hotels & Development Tbk




                                             Agenda Rapat                                               Rapat Direksi | Board of Directors Meeting
      No
                                            Meeting Agenda                            1      2      3       4     5     6      7     8      9      10    11   12
 7     Laporan Keuangan
       Financial Statements
           a     Entitas Anak: PT Danayasa Arthatama
                 Subsidiary: PT Danayasa Arthatama

           b     Perseroan
                 The Company

           c     Keuangan JIHD Induk (termasuk arus kas)
                 Financial Position of JIHD’s Parent (including cash flow)

 8     PT Dharma Harapan Raya (DHR):
           a     Aktivitas DHR per-bulan
                 Monthy activities of DHR

           b     Laporan rugi laba
                 Profit and loss statements

 9     Politeknik Jakarta Internasional (JIHS)
           a     Aktivitas JIHS & Pelatihan oleh Discovery Learning Center
                 JIHS Activities & Trainings by Discovery Learning Center

           b     Laporan rugi laba
                 Profit and loss statements

 10    Investor Relation
           a       Persiapan RUPST, RUPSLB dan Public Expose
                   Preparation of AGMS, EGSM and Public Expose

           b       Laporan Tahunan Integrasi
                   Integrated Annual Report

           c       E-Sign

 11    Sasaran dan Target Perusahaan
       Sasaran dan Target Perusahaan

 12    Corporate Security

 13    Corporate Strategy


Rapat Dewan Komisaris 2023                                                            Board of Commissioners’ Meeting in 2023
Rapat Dewan Komisaris Perseroan telah diadakan 7 (tujuh)                              The Company’s Board of Commissioners has held 7 (seven) internal
kali, dengan tanggal pelaksanaan dan pembahasan agenda                                meetings, with the meeting dates and agenda as presented in the
sebagaimana tersaji pada tabel di bawah ini:                                          table below.


                                     Agenda Rapat                                         Rapat Dewan Komisaris | Board of Commissioners Meeting
 No
                                    Meeting Agenda                           25 Jan        29 Mar        31 Mei       21 Jun       31 Agu       26 Okt    13 Des

  1        Kinerja hotel, gedung perkantoran dan mal 2022/2023
           Performance of hotels, office buildings and malls in
           2022/2023

  2        Kinerja Human Capital 2022/2023
           Human Capital Performance in 2022/2023

  3        Laporan keuangan Perseroan dan Entitas Anak 2022/2023
           Financial statements of the Company and its Subsidiaries in
           2022/2023

  4        Rencana pengembangan SCBD Park dan Blochaus
           Development plan of SCBD Park and Blochaus

  5        Renovasi Hotel Borobudur Jakarta
           Development plan of SCBD Park and Blochaus

  6        Corporate Strategy Perseroan dan Entitas Anak
           Corporat Strategy of the Company and its Subsidiaries

  7        Persiapan RUPST dan RUPSLB
           Preparation of AGMS and EGMS

  8        Keterlibatan SCBD dalam rangka KTT ASEAN 2023
           Involvement of SCBD in the KTT ASEAN 2023




168            Laporan Tahunan Terintegrasi 2023
Page 171
                                                                                                        Integrating Excellence for Sustainability




Rapat Bersama 2023                                                             Joint Meeting in 2023




                                                                                                                                                             Prologue
                                                                                                                                                              Prolog
Rapat bersama Direksi dan Dewan Komisaris Perseroan telah                      The Company’s Board of Directors and Board of Commissioners
diadakan sebanyak 6 (enam) kali, dengan rincian Rapat Koordinasi               of the Company have held 6 (six) joint-meetings, in which 3 (three)
Direksi mengundang Dewan Komisaris sebanyak 3 (tiga) kali dan                  times of the Board of Directors’ Coordination Meeting inviting the
Rapat Koordinasi Dewan Komisaris mengundang Direksi juga                       Board of Commissioners and also 3 (three) times of the Board




                                                                                                                                                             Performamnce Highlights
sebanyak 3 (tiga) kali.                                                        of Commissioners’ Coordination Meeting inviting the Board of
                                                                               Directors.




                                                                                                                                                                  Ikhtisar Kinerja
                                                                                  Direksi – Dewan Komisaris                 Dewan Komisaris - Direksi
                                   Agenda Rapat                                 Board of Directors- Board of Com-        Board of Directors- Board of Com-
 No                                                                                         missioners                               missioners
                                  Meeting Agenda
                                                                                   22 Feb      31 Jul      26 Sep         3 Mei      30 Nov        27 Des

  1    Human Capital




                                                                                                                                                             Laporan Manajemen
                                                                                                                                                             Management Report
  2    RUPST Tahun Buku 2022 dan RUPSLB Tahun 2023
       2020 Fiscal Year AGMS and 2023 EGMS

  3    Penyusunan Laporan Tahunan Terintegrasi 2023
       Preparation of the Integrated Annual Report 2023

  4    Keuangan JIHD dan Entitas Anak
       Financial position of JIHD and Subsidiaries

  5    Rencana pengembangan SCBD Park dan Blochaus
       Development plan of SCBD Park and Blochaus




                                                                                                                                                             Profil Perusahaan
                                                                                                                                                              Company Profile
  6    Laporan aktivitas Entitas AnakLaporan aktivitas Entitas Anak
       Activity report of Subsidiaries

  7    Penanganan Polusi Udara di SCBD
       Mitigation of Air Pollution in SCBD

  8    Renovasi Hotel Borobudur Jakarta
       Renovation of Hotel Borobudur Jakarta




                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                              Management Discussion and Analysis
  9    Pengembangan Pemasaran Hotel Borobudur Jakarta
       Marketing Development of Hotel Borobudur Jakarta


Keputusan dan Tindak Lanjut Rapat                                              Meeting Decision and Follow-up
Risalah rapat dari seluruh hasil dan keputusan Rapat Direksi, Rapat            The minutes of meeting of all resolutions and decisions in the
Dewan Komisaris, dan Rapat Bersama Direksi - Dewan Komisaris                   Board of Directors’ Meeting, Board of Commissioners’ Meeting
sepanjang 2023 telah didokumentasikan. Hal-hal yang perlu                      and Board of Directors’ - Board of Commissioners’ Coordination
ditindaklanjuti, dilaporkan lagi untuk kembali dibahas dalam rapat-            Meeting throughout 2023 have been documented. Matters that
rapat selanjutnya.                                                             need to be followed up are reported back in the next meeting.

Rencana Rapat Direksi, Rapat Dewan Komisaris dan                               Meeting Plan of the Board of Directors, Board of
Rapat Bersama 2024                                                             Commissioners and Joint Meeting in 2024
Perseroan telah menjadwalkan: rapat Direksi, rapat Dewan                       The Company has scheduled: the Board of Directors’ meetings,
Komisaris, dan rapat bersama Direksi – Dewan Komisaris untuk                   Board of Commissioners’ meetings, and joint-meetings of the




                                                                                                                                                             Human Capital
                                                                                                                                                             Human Capital
2024.                                                                          Board of Directors – Board of Directors in 2024.


                      Rapat                                                          Bulan dan Tangga l Month and Date
                     Meeting                          1         2      3       4        5        6         7        8        9       10       11      12

Direksi                                               18       22      21      13       23      20        18        22       19      24       21      19
Board of Directors
                                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                                              Corporate Governance




Dewan Komisaris                                                29              18       24      27                  29               31               27
Board of Commissioners

Direksi – Dewan Komisaris                            25                                 30                                  26
Board of Directors - Board of Commissioners

Dewan Komisaris - Direksi                                              28                                 25                                  28
Board of Commissioners – Board of Directors



                                                           Agenda Pembahasan | Meeting Agenda
                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                              Sustainability Report




                 Rapat Direksi                                       Dewan Komisaris                                      Rapat Bersama
           Board of Directors’ Meeting                       Board of Commissioners’ Meeting                               Joint-Meeting

  Laporan bulanan operasional dari Direktorat dan Rencana kerja dan laporan operasional Perseroan            Progres kinerja, isu-isu strategis atau aksi
 Entitas Anak, strategi Perseroan serta hal-hal lain      dan Entitas Anak untuk tahun kerja 2024.         korporasi yang perlu diketahui/disetujui oleh
    yang dianggap perlu sesuai tugas dan fungsi       Work plans and operational reports of the                     Dewan Komisaris di 2024.
          Direksi untuk tahun kerja 2024.             Company and Subsidiaries in 2024 fiscal year.          Performance progress, strategic issues or
 Monthly operational reports from Directorates and                                                       corporate actions that should be known/approved
 Subsidiaries, Corporate strategies as well as other                                                         by the Board of Commissioners in 2024.
 matters deemed necessary based on the Board of
 Directors’ duties and functions in 2024 fiscal year.


                                                                                                               2023 Integrated Annual Report           169
Page 172
PT Jakarta International Hotels & Development Tbk




Penilaian Kinerja Terhadap Dewan Komisaris                                       Performance Assessment of the Board                                         of
dan Direksi                                                                      Commissioners and Board of Directors
Kriteria Penilaian                                                               Assessment Criteria
Penilaian terhadap kinerja Dewan Komisaris dan Direksi dilakukan                 The performance assessment of the Board of Commissioners and
untuk mengukur capaian pelaksanaan tugas dan kewajibannya,                       Board of Directors is carried out to measure their performance
secara kolegial dan secara individu. Setiap tahun, anggota Dewan                 in carrying out their duties and responsibilities, collegiately and
Komisaris dan Direksi melakukan penilaian sendiri dengan metode                  individually. Every year, members of the Board of Commissioners
self-assessment. Dengan metode ini, setiap anggota Direksi dan                   and Board of Directors carry out their own assessments using the
Dewan Komisaris diharapkan dapat meningkatkan kinerjanya                         self-assessment method. With this method, each member of the
masing-masing secara berkesinambungan.                                           Board of Directors and Board of Commissioners is expected to be
                                                                                 able to improve their respective performance on an ongoing basis.

Dalam hal ini, Direksi berkewajiban untuk menetapkan Indikator                   In this case, the Board of Directors is obliged to establish
Penetapan Kinerja (Key Performance Indicator) atas persetujuan                   Key Performance Indicators with the approval of the Board of
Dewan Komisaris. Selanjutnya, Dewan Komisaris akan melakukan                     Commissioners. Then, the Board of Commissioners will evaluate
evaluasi atas pencapaian hasil kinerja Direksi pada akhir tahun                  the Board of Directors’ performance assessment results at the
untuk kemudian disampaikan kepada Pemegang Saham dalam                           end of the year and then present them to Shareholders at the
RUPST Perseroan.                                                                 Company’s AGMS.

Sementara itu, penilaian kinerja anggota Dewan Komisaris                         Meanwhile, the performance assessment of members of the Board
dilakukan atas pelaksanaan fungsi pengawasan dan pemberian                       of Commissioners is carried out based on the implementation of
nasihat kepada Direksi terkait pengelolaan Perseroan selama                      their supervisory function and provision of advice to the Board of
tahun buku. Hasil penilaian kinerja anggota Dewan Komisaris                      Directors on the management of the Company during the fiscal
selanjutnya disampaikan kepada Pemegang Saham dalam RUPST                        year. The performance assessment results of members of the
Perseroan.                                                                       Board of Commissioners are then presented to the Shareholders
                                                                                 at the Company’s AGMS.

Pemegang Saham melakukan evaluasi terhadap kinerja Dewan                         Shareholders evaluate the Board of Commissioners’ and Board of
Komisaris dan Direksi berdasarkan pelaksanaan keputusan                          Directors’ performance based on the implementation of the AGMS
RUPST dan kinerja Perseroan terhadap target tahunan yang telah                   resolutions and the Company’s performance against the annual
ditetapkan.                                                                      targets that have been set.

Hasil evaluasi kinerja Dewan Komisaris dan Direksi menjadi                       The performance assessment results of the Board of Commissioners
salah satu dasar pertimbangan bagi Pemegang Saham untuk                          and Board of Directors become one of the key considerations for
memberhentikan dan/atau mengangkat kembali, serta penetapan                      Shareholders to dismiss and/or reappoint, as well as determine the
remunerasi untuk masing-masing individu.                                         remuneration for each individual.


 Kriteria Penilaian Dewan Komisaris dan Direksi | Board of Commissioners and Board of Directors Assessment Criteria

 Kriteria               Dewan Komisaris                                                        Direksi
 Criteria               Board of Commissioners                                                 Board of Directors

Penilaian Kolegial   1      Struktur Dewan Komisaris/Direksi yang meliputi kecukupan dan keberagaman kompetensi dan pengalaman dalam menunjang
Collegial Assessment        fungsi Dewan Komisaris/Direksi, serta efektivitas penyelenggaraan dan kehadiran dalam Rapat Dewan Komisaris/Direksi;
                            The structure of the Board of Commissioners/Board of Directors, including the adequacy as well as diversity of competencies
                            and experience in supporting the functions of the Board of Commissioners/Board of Directors, as well as the effectiveness in
                            organizing and attending Board of Commissioners/Board of Directors Meetings;

                        2   Pemikiran strategis yang meliputi pemahaman terhadap visi, misi, strategi dan rencana bisnis Perseroan;
                            Strategic thinking, including understanding the vision, mission, business plans and strategies of the Company;

                        3   Pemantauan dan pengawasan penerapan Tata Kelola                    Implementasi Tata Kelola Perusahaan yang berkelanjutan di
                            Perusahaan, termasuk pelaksanaan pemantauan kinerja                setiap lini dan jajaran manajemen;
                            Direksi, permasalahan Manajemen Risiko, dan mengatasi              Implementation of sustainable Good Corporate Governance in
                            potensi/keberadaan benturan kepentingan;                           every line and level of management;
                            Monitoring and supervision on the implementation of Good
                            Corporate Governance, including monitoring the
                            performance of the Board of Directors, Risk Management
                            issues, and addressing potential/existing conflicts of interest;

                        4   Efektivitas Dewan Komisaris dalam membahas isu/                    Kinerja secara keuangan, operasional dan aspek-aspek lainnya
                            permasalahan Perseroan, maupun dalam memberikan                    yang berperan penting bagi kelangsungan dan keberlanjutan
                            rekomendasi kepada Direksi;                                        Perseroan;
                            Effectiveness of the Board of Commissioners in discussing          Performance in financial, operational and other aspects that
                            issues/problems of the Company, as well as in providing            are crucial to the continuity and sustainability of the Company;
                            recommendations to the Board of Directors;

                        5                                                                      Pencapaian manajemen dalam meningkatkan nilai bagi
                                                                                               Pemegang Saham.
                                                                                               Management performance in increasing values for
                                                                                               Shareholders.

Penilaian Individual    1   Pemikiran strategis;
Individual                  Strategic thinking;
Assessment
                        2   Pengetahuan tentang industri dan bisnis Perseroan; dan
                            Knowledge of the Company’s industry and business; and

                        3   Kontribusi individu dalam melakukan fungsinya sebagai anggota Dewan Komisaris/Direksi.
                            Individual contributions in performing their functions as members of the Board of Commissioners/Board of Directors.


170         Laporan Tahunan Terintegrasi 2023
Page 173
                                                                                        Integrating Excellence for Sustainability




Hasil Penilaian Kinerja                                              Performance Assessment Results




                                                                                                                                          Prologue
                                                                                                                                           Prolog
Penilaian kinerja anggota Dewan Komisaris dan Anggota Direksi        The performance assessment of members of the Board of
mengacu pada sasaran dan target Perseroan yang ditetapkan            Commissioners and members of the Board of Directors refers
setiap awal tahun buku dan keputusan-keputusan RUPS tahun            to the Company’s objectives and targets set at the beginning of
berjalan, yang diimplementasikan dalam tugas pengawasan              each fiscal year and the resolutions of the current year’s GMS,




                                                                                                                                          Performamnce Highlights
Dewan Komisaris dan pengurusan Direksi.                              which are implemented in the supervisory duties of the Board of
                                                                     Commissioners and management duties of the Board of Directors.




                                                                                                                                               Ikhtisar Kinerja
Berdasarkan penilaian kinerja yang telah dilakukan untuk tahun       Based on the performance assessment in 2023 fiscal year,
buku 2023, Dewan Komisaris telah melakukan fungsi pengawasan         the Board of Commissioners has carried out its supervisory
dan pemberian nasihat/rekomendasi telah mendukung kepengurusan       functions and provided advice/recommendations to support the
Direksi terhadap Perseroan berhasil lebih baik setelah terpuruk      management of the Company by the Board of Directors, resulting
selama dua tahun pandemi Covid-19.                                   in an improvement after being in decline during the two years of
                                                                     the Covid-19 pandemic.




                                                                                                                                          Laporan Manajemen
                                                                                                                                          Management Report
Sementara itu, Direksi dengan memperhatikan arahan dari Dewan        Meanwhile, by complying with the Board of Commissioners
Komisaris juga telah melakukan pengelolaan Perseroan sehingga        instructions, the Board of Directors has also led the Company
berhasil membukukan pertumbuhan yang lebih baik dan signifikan       to successfully recording better and more significant growth in
dalam hal kinerja keuangan, adanya peningkatan kualitas              terms of financial performance, improving the quality of Corporate
penerapan Tata Kelola Perusahaan di setiap lini jajaran manajemen,   Governance implementation in every line of management, as well
serta implementasi hasil keputusan RUPST dan RUPSLB yang             as implementing the resolutions of the AGMS and EGMS in 2023.
dilaksanakan di 2023.




                                                                                                                                          Profil Perusahaan
                                                                                                                                           Company Profile
                                                                                                                                          Analisis dan Pembahasan Manajemen
                                                                                                                                           Management Discussion and Analysis
                                                                                                                                          Human Capital
                                                                                                                                          Human Capital
                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                           Corporate Governance
                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                           Sustainability Report




                                                                                               2023 Integrated Annual Report       171
Page 174
PT Jakarta International Hotels & Development Tbk




Remunerasi Dewan Komisaris dan Direksi
Remuneration for The Board of Commissioners and The Board of
Directors

Kebijakan Remunerasi                                                             Remuneration Policy
Ketentuan perihal remunerasi Dewan Komisaris dan Direksi                         Provisions regarding remuneration for the Company's Board of
Perseroan mengacu pada Pasal 96 dan Pasal 113 Undang-Undang                      Commissioners and Board of Directors refer to Article 96 and
No. 40 Tahun 2007 tentang Perseroan Terbatas.                                    Article 113 of Law No. 40 of 2007 concerning Limited Liability
                                                                                 Companies.


                                              Ketentuan Remunerasi                                               Undang-Undang No. 40 Tahun 2007
    No
                                              Remuneration Provisions                                                  Law No. 40 Year 2007

1        Besarnya remunerasi anggota Direksi (gaji dan/atau tunjangan) dan anggota Dewan Komisaris       Pasal 96 ayat (1) dan Pasal 113
         (honorarium dan/atau tunjangan) ditetapkan berdasarkan keputusan RUPS.                          Article 96 paragraph (1) and Article 113
         The amount of remuneration for members of the Board of Directors (salary and/or allowances) and
         members of the Board of Commissioners (honorarium and/or allowances) is determined by the GMS
         resolutions.

2        Kewenangan RUPS untuk menetapkan remunerasi anggota Direksi dan anggota Dewan Komisaris            Pasal 96 ayat (2)
         dapat dilimpahkan kepada Dewan Komisaris.                                                          Article 96 paragraph (2)
         The authority of the GMS to determine the remuneration of members of the Board of Directors and
         members of the Board of Commissioners may be delegated to the Board of Commissioners.

3        Besarnya remunerasi untuk anggota Direksi dan anggota Dewan Komisaris ditetapkan berdasarkan       Pasal 96 ayat (3)
         keputusan Rapat Dewan Komisaris.                                                                   Article 96 paragraph (3)
         The amount of remuneration for members of the Board of Directors and members of the Board of
         Commissioners is determined based on the decision of the Board of Commissioners Meeting.


Besaran remunerasi yang akan diberikan kepada anggota Direksi                    The amount of remuneration to be given to members of the Board
dan anggota Dewan Komisaris dengan memperhatikan dan                             of Directors and members of the Board of Commissioners is based
mempertimbangkan faktor-faktor yang meliputi:                                    on the following factors:
1. Remunerasi yang berlaku pada industri sesuai dengan kegiatan                  1. The applicable remuneration in the industry related to the
   usaha Perseroan atau yang sejenis dan sama skalanya dalam                         Company’s business activities or in the similar and equal
   industrinya;                                                                      industry;
2. Tugas, tanggung jawab, dan wewenang anggota Direksi dan                       2. Duties, responsibilities, and authorities of members of the
   anggota Dewan Komisaris dikaitkan dengan pencapaian tujuan                        Board of Directors and members of the Board of Commissioners
   dan kinerja Perseroan;                                                            in relation to the achievement of the Company’s goals and
                                                                                     performance;
3. Target kinerja masing-masing anggota Direksi dan anggota                      3. Performance targets of each member of the Board of Directors
   Dewan Komisaris; dan                                                              and members of the Board of Commissioners; and
4. Keseimbangan tunjangan antara yang bersifat tetap dan                         4. Balance of benefits between fixed and variable.
   variabel.

Dewan Komisaris Perseroan masih berperan dalam penyusunan                        The Company’s Board of Commissioners is still responsible to
remunerasi (struktur, kebijakan dan bertugas) terhadap anggota                   the preparation of remuneration (structure, policy and duties) for
Direksi dan anggota Dewan Komisaris. Komite Nominasi dan                         members of the Board of Directors and members of the Board of
Remunerasi yang bertugas membantu melakukan penilaian                            Commissioners. The Nomination and Remuneration Committee
kinerja dan memberikan rekomendasi perihal struktur, kebijakan                   which is responsible to assist performance assessment and
dan besaran remunerasi anggota Direksi dan anggota Dewan                         providing recommendations regarding the structure, policies and
Komisaris, belum terbentuk di Perseroan hingga akhir 2023.                       amount of remuneration for members of the Board of Directors and
                                                                                 members of the Board of Commissioners has not been established
                                                                                 in the Company as of the end of 2023.

Struktur dan Besaran Remunerasi                                                  Structure and the Amount of Remuneration
Struktur remunerasi Direksi dan Dewan Komisaris Perseroan                        The remuneration structure of the Company’s Board of Directors
mengacu pada ketentuan yang tercantum dalam Anggaran Dasar.                      and Board of Commissioners refers to the provisions contained in
Berdasarkan Pasal 19 ayat (10) disebutkan anggota Direksi dapat                  the Articles of Association. Based on Article 19 paragraph (10), the
diberi gaji dan/atau tunjangan yang jumlahnya ditentukan oleh                    amount of saary and/or allowances for members of the Board of
RUPS, dan kepada anggota Dewan Komisaris menurut Pasal                           Directors is determined by the GMS; and according to Article 22
22 ayat (14) dapat diberi honorarium dan/atau tunjangan yang                     paragraph (14) the amount of honorarium and/or allowances for the
jumlahnya ditentukan oleh RUPS.                                                  Board of Commissioners is determined by the GMS.

Perihal besaran remunerasi yang akan diberikan kepada Dewan                      Based on the Company’s AGMS resolutions on June 27, 2023, it
Komisaris dan Direksi, berdasarkan keputusan RUPST Perseroan                     was set that there will be no increase in amount of remuneration
27 Juni 2023, telah ditetapkan tidak ada kenaikan atas jumlah                    and allowances given to the Company’s Board of Commissioners.
honorarium dan tunjangan bersih Dewan Komisaris Perseroan.                       The decision is effective as of the closing of the AGMS, until
Mulai berlaku sejak ditutupnya RUPST, yakni 27 Juni 2023                         the closing of the next AGMS which will be held in 2024, and
hingga penutupan RUPST yang diselenggarakan pada 2024,                           grant authority to the Board of Commissioners to determine the
dan memberikan kewenangan kepada Dewan Komisaris untuk                           distribution and to grant power and authority to the Company’s



172        Laporan Tahunan Terintegrasi 2023
Page 175
                                                                                                     Integrating Excellence for Sustainability




menentukan pembagiannya. Juga ditetapkan memberikan kuasa                     Board of Commissioners to determine the amount of salaries and




                                                                                                                                                        Prologue
                                                                                                                                                         Prolog
dan wewenang kepada Dewan Komisaris Perseroan untuk                           allowances for members of the Company’s Board of Directors,
menetapkan jumlah gaji dan tunjangan anggota Direksi Perseroan,               taking into account the opinions of the Company’s Nomination and
dengan memperhatikan pendapat dari Rapat Fungsi Nominasi dan                  Remuneration Function Meeting.
Remunerasi Perseroan.




                                                                                                                                                        Performamnce Highlights
Untuk 12 bulan yang berakhir 31 Desember 2023, Perseroan telah                For the 12 months ending on December 31, 2023, the Company




                                                                                                                                                             Ikhtisar Kinerja
memberikan remunerasi kepada Dewan Komisaris dan Direksi                      has provided remuneration to the Board of Commissioners and
yang keseluruhannya berjumlah Rp10,96 miliar.                                 Board of Directors totaling Rp10.96 billion.

Hubungan Afiliasi Dewan Komisaris, Direksi dan/                               Affiliate Relations of the Board of Commissioners,
atau Pemegang Saham Pengendali                                                Board of Directors and/or Controlling Shareholders

                                                        Hubungan Afiliasi | Affiliate Relations




                                                                                                                                                        Laporan Manajemen
                                                                                                                                                        Management Report
Keluarga        hubungan karena perkawinan dan keturunan sampai derajat kedua, baik secara horizontal maupun vertikal;
Family          relationship by marriage and descent to the second degree, both horizontally and vertically;

Kepengurusan    hubungan antara pihak dengan pegawai, direktur, atau komisaris dari pihak tersebut;
Management      relationship between a party and an employee, director, or commissioner of that party;

Usaha           •   hubungan antara 2 (dua) perusahaan di mana terdapat 1 (satu) atau lebih anggota direksi atau dewan komisaris yang sama;
Business        •   hubungan antara perusahaan dan pihak, baik langsung maupun tidak langsung, mengendalikan atau dikendalikan oleh perusahaan
                    tersebut;
                •   hubungan antara 2 (dua) perusahaan yang dikendalikan, baik langsung maupun tidak langsung, oleh pihak yang sama; atau




                                                                                                                                                        Profil Perusahaan
                                                                                                                                                         Company Profile
                •   hubungan antara perusahaan dan pemegang saham utama.
                •   relationship between 2 (two) companies in which there are 1 (one) or more members of the same board of directors or board of
                    commissioners;
                •   relationship between a company and a party, either directly or indirectly, controlling or controlled by the company;
                •   relationship between 2 (two) companies that are controlled, either directly or indirectly, by the same party; or
                •   relationship between the company and the major shareholder.


Berdasarkan definisi hubungan afiliasi yang mengacu pada                      Based on the definition of affiliate relationship which refers to OJK




                                                                                                                                                        Analisis dan Pembahasan Manajemen
Peraturan OJK No. 42/POJK.04/2020 tentang Transaksi Afiliasi dan              Regulation No. 42/POJK.04/2020 concerning Affiliate Transactions




                                                                                                                                                         Management Discussion and Analysis
Transaksi Benturan Kepentingan, Perseroan menelaah keberadaan                 and Conflict of Interest Transactions, the Company examines the
hubungan afiliasi antara anggota Dewan Komisaris, antara anggota              existence of affiliate relationships between members of the Board
Direksi dan antara Anggota Dewan Komisaris dengan anggota                     of Commissioners, between members of the Board of Directors and
Direksi.                                                                      between members of the Board of Commissioners and members
                                                                              of the Board of Directors.

Perseroan memastikan bahwa Dewan Komisaris Perseroan tidak                    The Company ensures that its Board of Commissioners has no
memiliki hubungan afiliasi baik secara keluarga atau pengurus                 affiliated relationships, either in terms of family or management, with
antara satu sama lain, serta antara Dewan Komisaris dan Direksi.              each other, as well as between the Board of Commissioners and
Namun demikian, dua anggota Dewan Komisaris Perseroan, yaitu                  the Board of Directors. However, two members of the Company's
Sugianto Kusuma dan Tomy Winata, yang masing-masing menjabat                  Board of Commissioners, namely Sugianto Kusuma and Tomy
sebagai Presiden Komisaris dan Wakil Presiden Komisaris, memiliki             Winata, who respectively serve as President Commissioner and
hubungan afiliasi secara usaha dan keluarga dengan PT Kresna Aji              Vice-President Commissioner, have business and family affiliations
Sembada selaku Pemegang Saham Utama dan/atau Pengendali                       with PT Kresna Aji Sembada as the Major and/or Controlling




                                                                                                                                                        Human Capital
                                                                                                                                                        Human Capital
Perseroan.                                                                    Shareholder of the Company.

Sementara itu, Direksi Perseroan tidak memiliki hubungan                      Furthermore, members of the Company's Board of Directors
keluarga, hubungan kepengurusan, kepemilikan saham dan/atau                   have no family relationship, management relationship, share
dengan, Dewan Komisaris dan/atau Pemegang Saham Utama.                        ownership and/or with the Board of Commissioners and/or Major
Dengan demikian Direksi senantiasa dapat bertindak independen,                Shareholders. In this way, the Board of Directors can always
tidak memiliki benturan kepentingan yang dapat mengganggu                     act independently, and have no conflicts of interest that could
kemampuannya untuk melaksanakan tugas secara profesional,                     interfere with their ability to carry out their duties professionally,
                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                         Corporate Governance




mandiri, objektif dan kritis, baik dalam hubungan satu sama lain              independently, objectively and critically, both in relation to each
maupun hubungan terhadap Dewan Komisaris.                                     other and in relation to the Board of Commissioners.
                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                         Sustainability Report




                                                                                                           2023 Integrated Annual Report        173
Page 176
PT Jakarta International Hotels & Development Tbk




                           Hubungan Usaha, Keluarga dan Kepengurusan | Business, Family and Management Affiliation

                                                                                  Hubungan Keluarga | Family              Hubungan Pengurus
                                 Hubungan Usaha | Business Affiliation
                                                                                         Affiliation                      Management Affiliation

                                                               Pemegang
                           Dewan Komis-                                          Dewan Komis-
                                                   Direksi       Saham                                  Direksi             Pemegang Saham
                                aris                                                  aris
      Nama | Name                                 Board of     Pengendali                              Board of                Pengendali
                           Board of Com-                                         Board of Com-
                                                  Directors    Controlling                             Directors          Controlling Shareholder
                            missioners                                            missioners
                                                               Shareholder

                           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

Dewan Komisaris |
Board of Commissioners

Sugianto Kusuma             -                 -                            -      -                -                            -                   -

Tomy Winata                 -                 -                            -      -                -                            -                   -

Hartono Tjahjadi Adiwana    -                 -                 -                 -                -                 -                   -

Ku Siew Kuan                -                 -                 -                 -                -                 -                   -

Lidwina Ong                 -                 -                 -                 -                -                 -                   -

Direksi
Board of Directors

Santoso Gunara              -                 -                 -                 -                -                 -                   -

Lanny Pujilestari Liga      -                 -                 -                 -                -                 -                   -

Agung Rin Prabowo           -                 -                 -                 -                -                 -                   -

Hendi Lukman                -                 -                 -                 -                -                 -                   -

Tony Soesanto               -                 -                 -                 -                -                 -                   -

Hendra Kurniawan            -                 -                 -                 -                -                 -                   -




174     Laporan Tahunan Terintegrasi 2023
Page 177
                                                                                                    Integrating Excellence for Sustainability




Komite Audit




                                                                                                                                                    Prologue
                                                                                                                                                     Prolog
Audit Committee




                                                                                                                                                    Performamnce Highlights
Komite Audit di Perseroan telah ada sejak 2001. Komite Audit telah             The Company’s Audit Committee was established in 2001. The




                                                                                                                                                         Ikhtisar Kinerja
membantu dan memfasilitasi Dewan Komisaris Perseroan dalam                     Committee has assisted and facilitated the Company’s Board of
menjalankan fungsi pengawasan atas hal-hal yang terkait dengan                 Commissioners in carrying out its supervisory functions related
efektivitas sistem pengendalian internal, sistem manajemen risiko,             to the effectiveness of internal control system, risk management
dan pelaporan keuangan.                                                        system, and financial reporting.

Piagam Komite Audit                                                            Audit Committee’s Charter
Piagam Komite Audit yang menjadi pedoman kerja Komite Audit                    The Audit Committee’s Charter is a work guideline for the
Perseroan telah ada sejak 2004, dan telah diperbarui pada 23                   Company’s Audit Committee which was compiled in 2004, and last




                                                                                                                                                    Laporan Manajemen
                                                                                                                                                    Management Report
Desember 2022, menyesuaikan dengan ketentuan peraturan                         updated on December 23, 2022 to adjust it with the latest laws
perundang-undangan terbaru.                                                    and regulations.




                                                 1. Pendahuluan                             1. Introduction
                                                    a. Landasan Hukum                          a. Legal Basis
                                                    b. Definisi                                b. Definition




                                                                                                                                                    Profil Perusahaan
                                                    c. Fungsi Komite Audit                     c. Audit Committee Function




                                                                                                                                                     Company Profile
                                                    d. Piagam Komite Audit                     d. Audit Committee Charter
                                                    e. Maksud dan Tujuan                       e. Purpose and Objective
                                                 2. Keanggotaan                             2. Membership
                                                    a. Komposisi dan Struktur                  a. Composition and Structure
                                                    b. Persyaratan Keanggotaan                 b. Membership Requirements
                                                    c. Masa Tugas                              c. Term of Office
                                                 3. Tugas, Tanggung Jawab dan Wewenang      3. Duties, Responsibilities and Authorities
                     Piagam                         a. Tugas                                   a. Duties
                  Komite Audit                      b. Tanggung Jawab                          b. Responsibilities
                 Audit Committee                    c. Wewenang                                c. Authorities




                                                                                                                                                    Analisis dan Pembahasan Manajemen
                     Charter                     4. Tata Kelola                             4. Governance




                                                                                                                                                     Management Discussion and Analysis
                                                    a. Tata Cara dan Prosedur Kerja            a. Work Guidelines and Procedures
                                                    b. Kebijakan Penyelenggaraan Rapat         b. Meeting Organization Policy
                                                    c. Pelaporan                               c. Reporting
                                                    d. Remunerasi                              d. Remuneration
                                                 5. Penutup                                 5. Closing

                                                 Diperbarui pada 23 Desember 2022
                                                 Updated on December 23, 2022




Dengan merujuk Peraturan OJK No. 55/POJK.04/2015 tentang                       By referring to the OJK Regulation No. 55/POJK.04/2015
Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit telah                   concerning the Establishment and Work Guidelines of Audit
diatur keberadaan Komite Audit Perseroan dalam hal keanggotaan                 Committee, regulations for the Company’s Audit Committee in
(persyaratan dan masa tugas), tugas, tanggung jawab dan                        terms of membership (requirements and terms of office), duties,
wewenang, serta tata kelolanya.                                                responsibilities and authorities, as well as the governance have




                                                                                                                                                    Human Capital
                                                                                                                                                    Human Capital
                                                                               been regulated.

Persyaratan Keanggotaan Komite Audit                                           Audit Committee Membership Requirements
Perseroan merujuk pada Pasal 7 Peraturan OJK No. 55/                           The Company refers to Article 7 of OJK Regulation No. 55/
POJK.04/2015 sebagai ketentuan persyaratan untuk diangkat                      POJK.04/2015 for the requirements in the appointment of Audit
menjadi anggota Komite Audit di Perseroan.                                     Committee of the Company.                                            Tata Kelola Perusahaan
                                                                                                                                                     Corporate Governance
                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                     Sustainability Report




                                                                                                              2023 Integrated Annual Report   175
Page 178
PT Jakarta International Hotels & Development Tbk




                                           1. Memiliki integritas yang tinggi, kemampuan,             1. Possess excellent integrity, capability, knowledge and
                                              pengetahuan dan pengalaman sesuai bidang                   experience in the field, as well as able to communicate
                                              pekerjaannya, serta mampu berkomunikasi dengan             properly.
                                              baik.
                                           2. Wajib memahami laporan keuangan, bisnis Perseroan       2. Must understand financial statements, the Company’s
                                              khususnya terkait layanan jasa atau kegiatan usaha,        businesses especially related to the services or
                                              proses audit, manajemen risiko dan peraturan               business activities, audit process, risk management
                                              perundang-undangan di bidang pasar modal dan               and the applicable laws and regulations in capital
                                              ketentuan lainnya.                                         market as well as other regulations.
                                           3. Wajib mematuhi kode etik Komite Audit yang              3. Must comply with the code of conduct of Audit
                                              ditetapkan Perseroan.                                      Committee set by the Company.
         Persyaratan                       4. Mempunyai komitmen untuk mematuhi peraturan             4. Willing to continuously improve his/her competence
        Keanggotaan                           perundang-undangan.                                        through eduction and training that support his/her
        Komite Audit                                                                                     functions.
       Audit Committee                     5. Bukan merupakan orang dalam Kantor Akuntan 5,           5. Not a person who has the authority and responsibility
         Membership                           Kantor Konsultan Hukum, Kantor Jasa Penilai Publik         to plan, lead, or control or supervise the Company's
                                              atau pihak lain yang memberi jasa asuransi, jasa non       activities within the last 6 (six) months before being
        Requirements                          asuransi, jasa penilai, dan/atau jasa konsultasi lain      appointed by the Board of Commissioners, except for
                                              kepada Perusahaan dalam waktu 6 (enam) bulan               Independent Commissioners who are members of the
                                              terakhir sebelum diangkat oleh Dewan Komisaris.            Audit Committee.
                                           6. Bukan merupakan orang yang mempunyai wewenang           6. Not a person who has the authority and responsibility
                                              dan tanggung jawab untuk merencanakan, memimpin,           to plan, lead, or control or supervise the Company's
                                              atau mengendalikan atau mengawasi kegiatan                 activities within the last 6 (six) months before being
                                              Perseroan dalam waktu 6 (enam) bulan terakhir              appointed by the Board of Commissioners, except for
                                              sebelum diangkat oleh Dewan Komisaris, kecuali bagi        Independent Commissioners who are members of the
                                              Komisaris lndependen yang menjadi anggota Komite           Audit Committee.
                                              Audit.
                                           7. Tidak mempunyai saham baik langsung maupun tidak        7. Does not own shares either directly or indirectly in the
                                              langsung pada Perseroan.                                   Company.
                                           8. Tidak mempunyai:                                        8. Does not have:
                                              a. Hubungan Afiliasi dengan Komisaris, Direksi, atau       a. Affiliate Relationship with Commissioners, Directors
                                                 Pemegang Saham Utama Perseroan; dan/atau                   or Major Shareholders of the Company; and/or
                                              b. Hubungan usaha baik langsung maupun tidak               b. Business relationships, either directly or indirectly,
                                                 langsung yang berkaitan dengan kegiatan usaha              related to the Company’s business activities.
                                                 Perseroan.




Masa Jabatan Anggota Komite Audit                                                   Term of Office of Audit Committee
Masa tugas anggota Komite Audit Perseroan merujuk pada                              The term of office of the Company’s Audit Committee members
Pasal 8 Peraturan OJK No. 55/POJK.04/2015, dan Pasal 25 ayat                        refers to Article 8 of OJK Regulation No. 55/POJK.04/2015, and
(3) Peraturan OJK No. 33/POJK.04/2014 dalam hal Komisaris                           Article 25 paragraph (3) of OJK Regulation No. 33/POJK.04/2014
Independen menjabat pada Komite Audit.                                              in the event that an Independent Commissioner serves as an Audit
                                                                                    Committee member.


                                       Masa Jabatan Anggota Komite Audit | Term of Office of Audit Committee

  1   Masa tugas anggota Komite Audit tidak boleh lebih lama dari masa jabatan Dewan Komisaris sebagaimana diatur dalam Anggaran Dasar dan dapat
      dipilih kembali hanya untuk 1 (satu) periode berikutnya. Masa jabatan Ketua Komite Audit yang berasal dari Komisaris Independen hanya diperbolehkan
      untuk 2 (dua) periode.
      The term of office of the Audit Committee members shall not exceed the term of office of the Board of Commissioners as stipulated in the Articles of
      Association and may be re-elected for only 1 (one) subsequent period. The term of office of the Chairman of the Audit Committee who comes from an
      Independent Commissioner is only allowed for 2 (two) periods.

  2   Keanggotaan Komite Audit berakhir, apabila: masa jabatannya telah berakhir, meninggal dunia, mengundurkan diri dari jabatannya; tidak lagi memenuhi
      persyaratan ketentuan yang berlaku, dan diberhentikan oleh Dewan Komisaris.
      Membership of the Audit Committee ends, if: his/her term of office has expired, passed away, resign from his/her position; no longer meets the
      requirements of the applicable provisions, and is dismissed by the Board of Commissioners.

  3   Dalam hal jabatan anggota Komite Audit dalam keadaan lowong, Dewan Komisaris dapat mempertimbangkan pengangkatan anggota baru dalam
      waktu 3 (tiga) bulan.
      In the event that the position of Audit Committee member is vacant, the Board of Commissioners may consider the appointment of a new member
      within 3 (three) months.

  4   Anggota Komite Audit dapat mengundurkan dengan menyampaikan pemberitahuan tertulis kepada Dewan Komisaris setidaknya 30 (tiga puluh) hari
      sebelum tanggal efektif pengunduran diri.
      Audit Committee members may resign by submitting written notice to the Board of Commissioners at least 30 (thirty) days prior to the effective date
      of resignation.

  5   Ketua Komite Audit berhak mengusulkan penggantian anggota Komite Audit yang bukan merupakan anggota Dewan Komisaris kepada Dewan
      Komisaris, jika anggota Komite tersebut berakhir masa tugasnya, mengundurkan diri, atau tidak kompeten dalam melaksanakan tugasnya.
      The Chairman of the Audit Committee has the right to propose the replacement of Audit Committee members who are not members of the Board of
      Commissioners to the Board of Commissioners, if the Committee member service ended, resigned, or is incompetent in carrying out his/her duties.




176    Laporan Tahunan Terintegrasi 2023
Page 179
                                                                                                       Integrating Excellence for Sustainability




Tugas, Tanggung Jawab dan Wewenang Komite                                       Duties, Responsibilities and Authorities of the Audit




                                                                                                                                                              Prologue
Audit                                                                           Committee




                                                                                                                                                               Prolog
Komite Audit bertugas dan bertanggung jawab memberikan                          The Audit Committee is incharge and responsible to provide
pendapat profesional dan independen kepada Dewan Komisaris                      professional and independent opinions to the Board of
atas laporan atau hal-hal yang disampaikan oleh Direksi, dan                    Commissioners on reports or matters submitted by the Board of




                                                                                                                                                              Performamnce Highlights
melaksanakan tugas-tugas lain yang berkaitan dengan tugas                       Directors, and to carry out other tasks related to the duties of the
Dewan Komisaris. Komite Audit Perseroan mengemban tugas dan                     Board of Commissioners. The Audit Committee of the Company




                                                                                                                                                                   Ikhtisar Kinerja
tanggung jawab merujuk pada Pasal 10 Peraturan OJK No. 55/                      carries out its duties and responsibilities based on Article 10 of OJK
POJK.04/2015.                                                                   Regulation No. 55/POJK.04/2015.


                                                Tugas dan Tanggung Jawab | Duties and Responsibilities

  1   Menelaah:
      • informasi keuangan (laporan keuangan, proyeksi, dan laporan lainnya terkait dengan informasi keuangan) yang akan diterbitkan Perseroan
          kepada publik dan/atau pihak otoritas;




                                                                                                                                                              Laporan Manajemen
                                                                                                                                                              Management Report
      • kepatuhan terhadap ketentuan peraturan perundang-undangan yang berhubungan dengan kegiatan Perseroan;
      • pelaksanaan pemeriksaan oleh auditor internal dan mengawasi pelaksanaan tindak lanjut oleh Direksi atas temuan auditor internal;
      • pelaksanaan manajemen risiko oleh Direksi, sepanjang belum dibentuknya komite yang berfungsi sebagai pemantau risiko di bawah Dewan
          Komisaris; dan
      • pengaduan mengenai proses akuntansi dan pelaporan keuangan Perseroan.
      Reviewing:
      • financial information (financial statements, projections, and other reports related to financial information) that will be published by the Company
          to the public and/or the authorities;
      • compliance with the provisions of laws and regulations relating to the Company’s activities;
      • implementation of audit by internal auditors and overseeing the implementation of follow-up by the Board of Directors on the findings of internal




                                                                                                                                                              Profil Perusahaan
          auditors;




                                                                                                                                                               Company Profile
      • implementation of risk management by the Board of Directors, to the extent that a risk monitoring committee has not been established under the
          Board of Commissioners; and
      • complaints regarding the Company’s accounting and financial reporting processes.

  2   Memberikan pendapat, rekomendasi, dan saran:
      • jika ada perbedaan pendapat antara manajemen dan akuntan publik atas jasa yang diberikannya;
      • mengenai penunjukan akuntan yang didasarkan pada independensi, ruang lingkup penugasan, dan imbalan jasa; dan
      • sehubungan dengan munculnya potensi benturan kepentingan Perseroan.
      Providing opinions, recommendations and advice:




                                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                                               Management Discussion and Analysis
      • if there is a difference of opinion between the management and the public accountant on the services provided;
      • regarding the appointment of accountants based on independence, scope of assignment, and service fees; and
      • in connection with the emergence of potential conflicts of interest of the Company.

  3   Menjaga kerahasiaan dokumen, data, dan informasi Perseroan serta tidak memanfaatkan hal-hal tersebut untuk keuntungan pribadi maupun
      kepentingan yang bertentangan dengan hukum dan merugikan Perseroan.
      Maintain the confidentiality of the Company’s documents, data, and information and not utilize such matters for personal gain or interests that are
      contrary to the law and detrimental to the Company.

Sementara itu, dengan merujuk pada Pasal 11 Peraturan OJK No.                   In addition, by referring to Article 11 of OJK Regulation No. 55/
55/POJK.04/2015, Komite Audit Perseroan memiliki kewenangan                     POJK.04/2015, the Company’s Audit Committee has the following
sebagai berikut:                                                                authorities:


                                                                Wewenang | Authorities

  1   Mengakses dokumen, data, dan informasi Perseroan tentang karyawan, dana, aset, dan sumber daya perusahaan yang diperlukan.




                                                                                                                                                              Human Capital
                                                                                                                                                              Human Capital
      To access the Company’s documents, data, and information about employees, funds, assets, and company resources as needed.

  2   Berkomunikasi langsung dengan Direksi dan karyawan, serta pihak yang menjalankan fungsi audit internal, manajemen risiko, dan akuntan publik,
      terkait tugas dan tanggung jawab Komite Audit.
      To communicate directly with the Board of Directors and employees, as well as those who carry out internal audit functions, risk management, and
      public accountants, related to the duties and responsibilities of the Audit Committee.

  3   Melibatkan pihak independen di luar anggota Komite Audit untuk membantu pelaksanaan tugasnya (jika diperlukan).
      To involve independent parties outside the Audit Committee members to assist in the implementation of their duties (if needed).
                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                               Corporate Governance



  4   Melakukan kewenangan lain yang diberikan oleh Dewan Komisaris.
      To perform other authorities granted by the Board of Commissioners.


Susunan Komite Audit                                                            Audit Committee Composition
Pasal 3 hingga Pasal 5 Peraturan OJK No. 55/POJK.04/2015                        Article 3-5 of OJK Regulation No. 55/POJK.04/2015 stipulates the
mengatur perihal komposisi dan struktur Komite Audit.                           composition and structure of Audit Committee.


                               Komposisi dan Struktur | Composition and Structure                                         POJK No. 55/POJK.04/2015

  1   Anggota Komite Audit diangkat dan diberhentikan oleh Dewan Komisaris.                                                         Pasal 3
                                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                                               Sustainability Report




      Audit Committee members are appointed and dismissed by the Board of Commissioners.                                            Article 3

  2   Komite Audit paling sedikit terdiri dari 3 (tiga) orang anggota yang berasal dari Komisaris Independen dan                    Pasal 4
      pihak dari luar Emiten atau Perusahaan Publik.                                                                                Article 4
      Audit Committee consists of at least 3 (three) members from Independent Commissioner and external parties
      of the Issuer or Public Company.

  3   Komite Audit diketuai oleh Komisaris Independen.                                                                              Pasal 5
      The Audit Committee is chaired by Independent Commissioner.                                                                   Article 5




                                                                                                              2023 Integrated Annual Report            177
Page 180
PT Jakarta International Hotels & Development Tbk




Susunan Komite Audit Perseroan belum berubah, dari yang                              The composition of the Company’s Audit Committee has not
diangkat dengan Surat Keputusan Dewan Komisaris tanggal 15                           changed from the appointment by the Board of Commissioners’
September 2021, yaitu Ku Siew Kuan sebagai ketua, Dedy Djafarli                      Decree on September 15, 2021, with Ku Siew Kuan as the chairman,
dan Indra Pranajaya masing-masing sebagai anggota.                                   as well as Dedy Djafarli and Indra Pranajaya as members.


         Nama                   Posisi                                   Latar Belakang Karier                                             Pendidikan
         Name                  Position                                   Career Background                                                 Education

                                                •   Diangkat sebagai Ketua Komite Audit sejak 15 September 2021.              Tercantum dalam Profil Dewan
                                                •   Menjabat sebagai Komisaris Independen.                                    Komisaris,
                                                •   Profil lengkap tercantum dalam Profil Dewan Komisaris.                    Disclosed in Profile of the Board of
                        Ketua                   •   Appointed as Chairman of Audit Committee since September 15,              Commissioners
                        Chairman                    2021.
                                                •   Serving as Independent Commissioner.
                                                •   Her full profile is disclosed in Profile of the Board of Commissioners.
   Ku Siew Kuan

                                                •   Warga Negara Indonesia, 45 tahun, berdomisili di Jakarta.                 SI Akuntansi, Universitas Bung Hatta
                                                •   Menjabat sebagai anggota Komite Audit sejak 15 September 2021.            (2001)
                                                •   Karier:                                                                   Bachelor’s degree in Accounting,
                        Anggota                     » Asisten Manager Keuangan & Akunting PT Brataco Chemika                  Bung Hatta University (2001)
                        Member                          (2003-2008)
                                                    » Manager Keuangan & Akunting PT Ayu Agung (2008-2011)
                                                    » General Manager Keuangan PT Electronic City Indonesia Tbk
                                                        (2011-2018)
      Dedy Djafarli
                                                    » Direktur PT Electronic City Indonesia Tbk (2018-sekarang)
                                                •   Indonesian citizen, 45 years old, domiciled in Jakarta.
                                                •   Serving as a member of Audit Committee since September 15,
                                                    2021.
                                                •   Career:
                                                     » Assistant Manager of Finance & Accounting PT Brataco
                                                         Chemika (2003-2008)
                                                     » Finance & Accounting Manager of PT Ayu Agung (2008-2011)
                                                     » General Manager of Finance PT Electronic City Indonesia Tbk
                                                         (2011-2018)
                                                     » Director of PT Electronic City Indonesia Tbk (2018-present)

                                                •   Warga Negara Indonesia, 36 tahun, berdomisili di Jakarta                  •   SI Ilmu Hukum, Universitas
                                                •   Menjabat sebagai anggota Komite Audit sejak 15 September 2021.                Internasional Batam (2009)
                                                •   Karier:                                                                   •   S2 Magister Kenotariatan,
                        Anggota                     » Production Controller PT Sat Nusapersada Tbk (2007-2010)                    Universitas Indonesia (2012)
                        Member                      » Corporate Legal PT Nusa Jaya Port (2011-2014)                           •   Bachelor’s degree in Legal
                                                    » Corporate Legal PT Pangaea Sinergi Solusi (2014-sekarang)                   Studies, International University
                                                    » Penasihat PT Artha Metal Sinergi (2014-sekarang)                            of Batam (2009)
                                                    » Penasihat PT Orion Beauty International (2018-sekarang)                 •   Master of Notarial Law Program,
  Indra Pranajaya
                                                •   Indonesian citizen, 36 years old, domiciled in Jakarta.                       University of Indonesia (2012)
                                                •   Serving as a member of Audit Committee since September 15,
                                                    2021.
                                                •   Career:
                                                     » Production Controller of PT Sat Nusapersada Tbk (2007-2010)
                                                     » Corporate Legal of PT Nusa Jaya Port (2011-2014)
                                                     » Corporate Legal of PT Pangaea Sinergi Solusi (2014-present)
                                                     » Advisor of PT Artha Metal Sinergi (2014-present)
                                                     » Advisor of PT Orion Beauty International (2018-present)


Independensi Komite Audit                                                            Independency of Audit Committee
Keanggotaan Komite Audit Perseroan telah memenuhi kriteria                           Members of the Company’s Audit Committee has fulfilled the
independensi yang disyaratkan oleh regulator sebagaimana                             independency criteria required by regulator as seen in the
terlihat di bawah ini:                                                               following table:


                      Pernyataan Independensi | Statement of Independence                                Ku Siew Kuan         Dedy Djafarli      Indra Pranajaya
  1       Bukan merupakan orang dalam Kantor Akuntan Publik, Kantor Konsultan Hukum, Kantor
          Jasa Penilai Publik atau pihak lain yang memberi jasa asuransi, jasa non-asuransi, jasa
          penilai dan/atau jasa konsultasi lain kepada Perseroan dalam waktu 6 (enam) bulan
          terakhir.
          Not an insider of a Public Accounting Firm, Legal Consultant Firm, Public Appraisal
          Service Office or other party providing insurance services, non-insurance services,
          appraisal services and/or other consulting services to the Company within the last 6 (six)
          months.

  2       Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab
          untuk merencanakan, memimpin, mengendalikan, atau mengawasi kegiatan Perseroan
          dalam waktu 6 (enam) bulan terakhir (kecuali Komisaris Independen).
          Not a person who works or has the authority and responsibility to plan, lead, control,
          or supervise the activities of the Company within the last 6 (six) months (except
          Independent Commissioners).

  3       Tidak mempunyai saham langsung maupun tidak langsung di Perseroan.
          Does not own shares either directly or indirectly in the Company.




178        Laporan Tahunan Terintegrasi 2023
Page 181
                                                                                                           Integrating Excellence for Sustainability




                     Pernyataan Independensi | Statement of Independence                              Ku Siew Kuan        Dedy Djafarli     Indra Pranajaya




                                                                                                                                                                  Prologue
                                                                                                                                                                   Prolog
    4   Keluarga tidak mempunyai saham langsung maupun tidak langsung di Perseroan.
        His/her family does not have direct or indirect shares in the Company.

    5   Tidak mempunyai hubungan afiliasi dengan anggota Dewan Komisaris, anggota Direksi




                                                                                                                                                                  Performamnce Highlights
        atau pemegang saham utama Perseroan.
        Has no affiliation with members of the Board of Commissioners, members of the Board




                                                                                                                                                                       Ikhtisar Kinerja
        of Directors or majority shareholder of the Company.

    6   Tidak mempunyai hubungan usaha baik langsung maupun tidak langsung dengan
        Perseroan.
        Does not have a direct or indirect business relationship with the Company.

    7   Tidak menjabat sebagai pengurus partai politik dan/atau calon/anggota legislatif, dan/
        atau merupakan calon/penjabat sebagai kepala/wakil pemerintah daerah.
        Does not serve as an administrator of a political party and/or candidate/member of
        the legislature, and/or is a candidate/servant as head/representative of the regional




                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                  Management Report
        government.

    8   Tidak memiliki jabatan lain yang dapat menimbulkan benturan kepentingan
        berhubungan dengan jabatan di Perseroan.
        Has no other positions that may cause a conflict of interest related to positions in the
        Company.


Pelaksanaan Tugas Komite Audit 2023                                                  Implementation of the Duties of the Audit
                                                                                     Committee in 2023




                                                                                                                                                                  Profil Perusahaan
Komite Audit Perseroan telah melaksanakan tugas-tugas yang                           The Company’s Audit Committee has carried out the following




                                                                                                                                                                   Company Profile
meliputi hal-hal di bawah ini:                                                       duties:


1       Pengendalian Kinerja:                                                         Performance Control:
        a. Melaksanakan rapat Komite Audit secara berkala;                            a. Held Audit Committee meetings on a regular basis;
        b. Mengevaluasi laporan kinerja perusahaan bidang keuangan secara             b. Evaluated the Company’s financial performance report periodically
           periodik (triwulan dan tahunan);                                               (quarterly and annually);
        c. Memberikan masukan kepada Dewan Komisaris atas kinerja                     c. Provided input to the Board of Commissioners on the Company’s




                                                                                                                                                                  Analisis dan Pembahasan Manajemen
           Perseroan bidang keuangan maupun operasional untuk disampaikan                 financial and operational performance to be submitted to the periodic




                                                                                                                                                                   Management Discussion and Analysis
           kepada Rapat Koordinasi Dewan Komisaris dan Direksi secara                     Coordination Meeting of the Board of Commissioners and the Board
           periodik.                                                                      of Directors.

2       Pelaksanaan efektivitas Audit Internal dan Eksternal:                     Implementation of Internal and External Audit effectiveness:
        a. Mengevaluasi kinerja Audit Internal secara periodik berkaitan dengan a. Evaluated the performance of Internal Audit periodically in relation to
            program kerja yang sudah ditetapkan;                                      the work program that has been set;
        b. Mengevaluasi kinerja KAP Mirawati Sensi Idris:                         b. Evaluated the performance of KAP Mirawati Sensi Idris:
            • pemantauan kesesuaian penyelesaian audit dengan rencana                 • monitored the suitability of audit completion with the work plan;
                kerja;                                                                • Reviewied the conformity of audit implementation with public
            • telaah kesesuaian pelaksanaan audit dengan standar profesi                  accountant professional standards;
                akuntan publik;                                                       • Reviewed the external audit results and the recommendations of
            • telaah hasil audit eksternal dan hasil rekomendasi audit eksternal.         external audit results.

3       Mengevaluasi penerapan Sistem Pengendalian Internal Perseroan.                Evaluated the implementation of the Company’s Internal Control System.

4       Mengevaluasi pelaksanaan Manajemen Risiko Perseroan.                          Evaluated the implementation of the Company’s Risk Management.

5       Pemantauan kepatuhan terhadap peraturan perundang-undangan dan Monitored the compliance with applicable laws and regulations and




                                                                                                                                                                  Human Capital
                                                                                                                                                                  Human Capital
        prosedur Internal yang berlaku.                                Internal procedures.


Rapat Komite Audit                                                                   Audit Committee Meeting
Pelaksanaan rapat-rapat dari Komite Audit Perseroan merujuk pada                     The Audit Committee meetings in the Company refer to the
ketentuan-ketentuan dari Pasal 13 hingga Pasal 16 dari Peraturan                     provisions of Article 13 – 16 of OJK Regulation No. 55/POJK.04/2015.
OJK No. 55/POJK.04/2015.
                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                   Corporate Governance




                                           Tata Laksana Rapat Komite Audit | Audit Committee Meeting Procedures

    1   Diadakan secara berkala paling sedikit 1 (satu) kali dalam 3 (tiga) bulan.
        Held periodically at least once in 3 (three) months.

    2   Pemberitahuan rapat harus disampaikan setidaknya 3 (tiga) hari sebelum diselenggarakan, yang dapat dilakukan secara langsung (surat) atau secara
        digital (surat elektronik).
        Notification of the meeting must be submitted at least 3 (three) days prior the date, either directly (mail) or digitally (electronic mail).

    3   Pelaksanaan rapat dapat melalui rapat formal atau dengan video/teleconference.
        The meeting can be held through formal meetings or by video/teleconference.
                                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                                   Sustainability Report




    4   Rapat dipimpin oleh Ketua Komite Audit dan/atau oleh anggota Komite Audit yang ditunjuk dalam rapat, apabila Ketua Komite Audit berhalangan hadir.
        The meeting is led by the Chairman of the Audit Committee and/or by a member of the Audit Committee appointed in the meeting, if the Chairman of
        the Audit Committee is absent.

    5   Rapat hanya dapat dilaksanakan apabila dihadiri oleh lebih dari ½ (satu per dua) jumlah anggota.
        Meetings can only be held if attended by more than ½ (one-half) of the members.

    6   Rapat dapat juga dihadiri oleh anggota Direksi, Sekretaris Perusahaan, dan auditor eksternal, sesuai pembahasan.
        Meetings may also be attended by members of the Board of Directors, Corporate Secretary, and external auditors, as discussed.




                                                                                                                   2023 Integrated Annual Report           179
Page 182
PT Jakarta International Hotels & Development Tbk




                                          Tata Laksana Rapat Komite Audit | Audit Committee Meeting Procedures

  7      Keputusan rapat diambil berdasarkan musyawarah untuk mufakat.
         Meeting resolutions are made based on deliberation for consensus.

  8      Setiap rapat harus dituangkan di dalam risalah rapat, termasuk apabila terdapat perbedaan pendapat (dissenting opinions), yang ditandatangani oleh
         seluruh anggota Komite Audit yang hadir, dan disampaikan kepada Dewan Komsiaris.
         Each meeting must be set out in the minutes of the meeting, including any dissenting opinions, signed by all members of the Audit Committee present,
         and submitted to the Board of Commissioners.


Komite Audit Perseroan telah melaksanakan 5 (lima) kali rapat                     The Company’s Audit Committee has held 5 (five) meetings in
di 2023, dengan pembahasan utama berkaitan dengan Laporan                         2023, the main agendas are related to the Financial Statements
Keuangan Audit tahun buku 2022, dan Laporan Keuangan Triwulan                     Audit of 2022 fiscal year, and the Quarterly Financial Statements
tahun buku 2023.                                                                  of 2023 fiscal year.


                                                Rapat Komite Audit 2023 | Audit Committee Meeting in 2023

      Tanggal         Ketua dan Anggota                                               Agenda Rapat | Meeting Agenda
       Date           Chairman and Member

                      KSK         DD      IP
29 Mar                                           Pembahasan Laporan Keuangan Konsolidasian Audit 2022.
                                                 Discussion of the 2022 Consolidated Financial Statements Audit.

28 Apr                                           Penelaahan Laporan Keuangan Konsolidasian Kuartal I-2023.
                                                 Review of the Consolidated Financial Statements for the First Quarter of 2023.

25 Jun                                           •   Laporan Kinerja Perseroan Tahun Buku 2022 di bidang Keuangan dan Operasional.
                                                 •   Rekomendasi Penunjukan Kantor Akuntan Publik.
                                                 •   Company Performance Report of 2022 Fiscal Year in Financial and Operational sectors.
                                                 •   Recommendation for the Appointment of Public Accounting Firm.

31 Jul                                           Penelaahan Laporan Keuangan Konsolidasian Kuartal II-2023.
                                                 Review of the Consolidated Financial Statements for the Second Quarter of 2023.

26 Okt/Oct                                       •   Penelaahan Laporan Keuangan Konsolidasian Kuartal III-2023.
                                                 •   Rencana kerja Komite Audit 2024.
                                                 •   Review of the Consolidated Financial Statements for the Third Quarter of 2023.
                                                 •   Audit Committee Work Plan of 2024.

KSK: Ku Siew Kuan, DD: Dedy Djafarli, IP: Indra Pranajaya

Dalam rapat 25 Juni 2023 menjelang RUPS, Komite Audit telah                       In the meeting held on June 25, 2023 prior to the GMS, the Audit
mengundang Direksi Perseroan untuk mendiskusikan perihal                          Committee invited the Company’s Board of Directors to discuss
laporan kinerja Perseroan tahun buku 2022 di bidang keuangan                      the performance report of the Company in the 2022 fiscal year
dan operasi, dan rekomendasi penunjukan Kantor Akuntan Publik.                    in financial and operational sectors, and recommendation for
Pelaksanaan rapat bersama tersebut dimungkinkan sebagaimana                       the appointment of Public Accounting Firm. This joint-meeting is
ketentuan Pasal 11 Peraturan OJK No. 55/POJK.04/2015 perihal                      made possible as stipulated in the Article 11 of OJK Regulation
kewenangan Komite Audit dapat berkomunikasi dengan Direksi                        No. 55/POJK.04/2015 concerning the Audit Committee’s authority
terkait dengan tugas dan tanggung jawabnya membantu Dewan                         to communicate with the Board of Directors in relation with its
Komisaris dalam melaksanakan tugas pengawasannya.                                 duties and responsibilities to assist the Board of Commissioners in
                                                                                  carrying out their supervisory duties.

Untuk 2024, Komite Audit Perseroan merencanakan akan                              For 2024, the Company’s Audit Committee has planned to hold
melaksanakan 4 (empat) kali rapat, yaitu di 28 Maret, 18 April, 25                4 (four) meetings on March 28, April 18, July 25, and October 31.
Juli dan 31 Oktober.

Pengembangan Komite Audit                                                         Audit Committee Development
Perseroan memberikan kesempatan kepada anggota Komite Audit                       The Company provides opportunity for members of the Audit
untuk meningkatkan kompetensinya dalam rangka menunjang                           Committee to improve their competency in order to support the
pelaksanaan tugas dan tanggung jawabnya. Berikut adalah                           implementation of their duties and responsibilities. The following
program-program pengembangan yang diikuti oleh anggota Komite                     are the development programs attended by members of the Audit
Audit Perseroan yang difasilitasi oleh Sekretaris Perusahaan.                     Committee of the Company facilitated by the Corporate Secretary.


   Komite Audit             Tanggal                          Topik Workshop, Seminar & Konferensi                                 Penyelenggara      Jam
  Audit Committee            Date                            Workshop, Seminar & Conference Topics                                  Organizer        Time

Dedy Djafarly            15 Feb        Penerapan PP No. 50 dan PP No. 55 Tahun 2022                                                    AEI            3,0
                                       Implementation of PP No. 50 and PP No. 55 Year 2022

                         1 Agu/Aug     Mencermati Penerapan PMK No. 66 Tahun 2023                                                      AEI            2,5
                                       Observing the Implementation of PMK No. 66 Year 2023

                         2 Agu/Aug     Strategi Ketahanan Perlindungan Data pada Perusahaan                                           ICSA            2,0
                                       Data Protection Resilience Strategy in Companies

Jumlah | Total                                                                                                                                        7,5

Note: Untuk pengembangan Komite Audit Ku Siew Kuan dapat dilihat pada program pengembangan Dewan Komisaris.
      The Audit Committee development of Ku Siew Kuan can be seen in the Board of Commissioners development programs.



180       Laporan Tahunan Terintegrasi 2023
Page 183
                                                                                           Integrating Excellence for Sustainability




Penilaian Kinerja oleh Dewan Komisaris                                 Performance Assessment                  by     the    Board       of




                                                                                                                                               Prologue
                                                                       Commissioners




                                                                                                                                                Prolog
Dewan Komisaris secara berkala melakukan penilaian terhadap            The Board of Commissioners periodically assesses the performance
kinerja Komite Audit. Hasil penilaian kinerja Komite Audit dapat       of Audit Committee. The performance assessment results of the
dilihat pada pembahasan Komisaris pada bagian Penilaian Atas           Audit Committee can be seen in the Board of Commissioners’




                                                                                                                                               Performamnce Highlights
Kinerja Komite Audit di Laporan Tahunan ini.                           discussion under the Audit Committee Performance Assessment
                                                                       section on this Annual Report.




                                                                                                                                                    Ikhtisar Kinerja
Komite Nominasi dan Remunerasi
Nomination and Remuneration Committee




                                                                                                                                               Laporan Manajemen
                                                                                                                                               Management Report
Komite Nominasi dan Remunerasi adalah komite yang berada               The Nomination and Remuneration Committee is the committee
di bawah kewenangan Dewan Komisaris, yang bertugas                     under the authority of the Board of Commissioners, which is
berhubungan dengan fungsi nominasi dan remunerasi, terutama            responsible to the nomination and remuneration functions,
terhadap dewan komisaris dan direksi. Peraturan OJK No. 34/            especially for the Board of Commissioners and Board of Directors.
POJK.04/2014 tentang Komite Nominasi dan Remunerasi Emiten             The OJK Regulation No. 34/POJK.04/2014 concerning the
atau Perusahaan Publik memberitahukan kepada perusahaan                Nomination and Remuneration Committee in Issuers or Public




                                                                                                                                               Profil Perusahaan
terbuka perihal ketentuan-ketentuan: keanggotaan, tugas dan            Companies regulates the membership, duties and authorities




                                                                                                                                                Company Profile
tanggung jawab dan penyelenggaraan rapat apabila terdapat              as well as the organization of meetings if the Nomination and
Komite Nominasi dan Remunerasi.                                        Remuneration Committee has been established.

Pelaksana Fungsi Nominasi dan Remunerasi                               Person in Charge of                  the     Nomination        and
                                                                       Remuneration Functions
Keberadaan Komite Nominasi dan Remunerasi belum terealisasi            The establishment of a Nomination and Remuneration Committee
mengingat keterbatasan sumber daya Perseroan. Hingga saat              has not been realized considering the Company’s limited resources.




                                                                                                                                               Analisis dan Pembahasan Manajemen
ini fungsi Nominasi dan Remunerasi Perseroan masih dijalankan          Until now, the Company’s Nomination and Remuneration functions




                                                                                                                                                Management Discussion and Analysis
langsung oleh Dewan Komisaris sesuai dengan ketentuan Pasal            are still carried out directly by the Board of Commissioners
2 ayat (2), Pasal 9 dan Pasal 10 ayat (1) dari Peraturan OJK No. 34/   in accordance with the provisions of Article 2 paragraph (2),
POJK.04/2014.                                                          Article 9 and Article 10 paragraph (1) of OJK Regulation No. 34/
                                                                       POJK.04/2014.

Rapat Fungsi Nominasi dan Remunerasi                                   Meeting of the Nomination and Remuneration
                                                                       Function
Dalam melaksanakan fungsinya di bidang nominasi dan                    In carrying out its nomination and remuneration functions based on
remunerasi, sesuai dengan ketentuan Pasal 15 dan Pasal 16 dari         the provisions of Article 15 and Article 16 of OJK Regulation No. 34/
Peraturan OJK No. 34/POJK.04/2014, Dewan Komisaris diwajibkan          POJK.04/2014, the Board of Commissioners is required to hold a
menyelenggarakan rapat dengan agenda tentang nominasi dan/             meeting with an agenda regarding nomination and/or remuneration
atau remunerasi paling kurang satu kali dalam empat bulan, yang        at least once every four months, which must be attended by a
harus dihadiri mayoritas dari jumlah anggota Dewan Komisaris, dan      majority of the members of the Board of Commissioners, and one
salah satu dari mayoritas anggota Dewan Komisaris merupakan            of the majority of members of the Board of Commissioners is an




                                                                                                                                               Human Capital
                                                                                                                                               Human Capital
Komisaris Independen.                                                  Independent Commissioner.

Dewan Komisaris Perseroan telah mengadakan 3 (tiga) kali rapat         The Company’s Board of Commissioners has held 3 (three)
dengan agenda nominasi dan/atau remunerasi di 2023.                    meetings with the agenda of nominations and/or remuneration in
                                                                       2023.
                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                Corporate Governance
                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                Sustainability Report




                                                                                                  2023 Integrated Annual Report         181
Page 184
PT Jakarta International Hotels & Development Tbk




      Tanggal                                                     Agenda Rapat | Meeting Agenda
       Date                          Nominasi | Nomination                                            Remunerasi | Remuneration

29 Mar           Evaluasi menyeluruh terhadap program pengembangan                Struktur dan besaran remunerasi Dewan Komisaris dan Direksi tidak
                 kapabilitas dan kinerja Dewan Komisaris dan Direksi di 2022.     berubah hingga diselenggarakannya RUPST Tahun buku 2023.
                 Comprehensive evaluation of the capability development           Structure and the amount of remuneration for the Board of
                 program of the Board of Commissioners and Board of Directors     Commissioners and Board of Directors will remain unchanged until
                 in 2022.                                                         the 2023 fiscal year AGMS.

21 Jun           Melakukan penilaian terhadap masing-masing anggota Dewan         Pengusulan tidak adanya kenaikan remunerasi bagi Dewan
                 Komisaris dan Direksi, serta mengusulkan perubahan susunan       Komisaris dan Direksi kepada RUPST Tahun Buku 2022. yang akan
                 Dewan Komisaris dan Direksi untuk diputuskan pada RUPST          diselenggarakan pada 27 Juni 2023, dikarenakan pendapatan yang
                 Tahun Buku 2022, yaitu:                                          mulai membaik di 2022 akan digunakan untuk investasi yang lebih
                 Dewan Komisaris:                                                 bernilai tambah.
                  Presiden Komisaris		            : Sugianto Kusuma               Proposing no increase in remuneration of the Board of Commissioners
                  Wakil Presiden Komisaris        : Tomy Winata                   and Board of Directors in the 2022 Fiscal Year’s AGMS which will be
                  Wakil Presiden Komisaris        : Hartono Tjahjadi Adiwana      held on June 27, 2023, since in 2022 the revenue increased so it will
                  Komisaris Independen            : Ku Siew Kuan                  be used for more value-added investments.
                  Komisaris Independen            : Lidwina Ong
                 Direksi:
                  Presiden Direktur		             : Santoso Gunara
                  Direktur			                     : Lanny Pujilestari Liga
                  Direktur			                     : Agung Rin Prabowo
                  Direktur			                     : Hendi Lukman
                  Direktur			                     : Tony Soesanto
                  Direktur			                     : Hendra Kurniawan

                 Conduct an assessment to each member of the Board of
                 Commissioners and Board of Directors, as well as propose
                 changes to the composition of the Board of Commissioners and
                 Board of Directors to be decided at the 2022 fiscal year AGMS,
                 as follows:
                 Board of Commissioners:
                  President Commissioner           : Sugianto Kusuma
                  Vice President Commissioner      : Tomy Winata
                  Vice President Commissioner      : Hartono Tjahjadi Adiwana
                  Independent Commissione          : Ku Siew Kuan
                  Independent Commissioner         : Lidwina Ong
                 Board of Directors
                  President Director 		            : Santoso Gunara
                  Director			                      : Lanny Pujilestari Liga
                  Director			                      : Agung Rin Prabowo
                  Director			                      : Hendi Lukman
                  Director			                      : Tony Soesanto
                  Director			                      : Hendra Kurniawan

26 Okt           Evaluasi mandiri kinerja dan pengembangan kapabilitas masing-    Evaluasi untuk penyesuaian besaran remunerasi Dewan Komisaris
                 masing anggota Dewan Komisaris dan Direksi.                      dan Direksi untuk diusulkan pada RUPS 2024.
                 Self-evaluation of the performance and capability development    Evaluation to adjust the amount of remuneration for the Board of
                 of each member of the Board of Commissioners and Board of        Commissioners and Board of Directors to be proposed in the 2024
                 Directors.                                                       GMS.

Untuk 2024, Dewan Komisaris dalam melaksanakan fungsi                       To carry out nomination and remuneration functions in 2024, the
nominasi dan remunerasi merencanakan akan melaksanakan 3                    Board of Commissioners plans to held 3 (three) meetings on April
(tiga) kali rapat, yaitu di 18 April, 29 Agustus dan 31 Oktober.            18, August 29 and October 31.

Perseroan akan terus mengupayakan terbentuknya komite                       The Company will continue striving to establish the committee
tersebut untuk dapat meningkatkan penerapan Tata Kelola                     in order to improve the implementation of Good Corporate
Perusahaan yang baik dalam hal fungsi nominasi dan remunerasi.              Governance in the aspect of nomination and remuneration
                                                                            functions.




182      Laporan Tahunan Terintegrasi 2023
Page 185
                                                                                                   Integrating Excellence for Sustainability




Sekretaris Perusahaan




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
Corporate Secretary




                                                                                                                                                  Performamnce Highlights
Peran Sekretaris Perusahaan sangat strategis: bertindak sebagai               The Corporate Secretary has a very strategic role: to act as




                                                                                                                                                       Ikhtisar Kinerja
mediator yang efektif dan intensif dalam memfasilitasi komunikasi             an effective and intensive mediator in facilitating internal
internal antar organ Perseroan; membangun dan menjembatani                    communications between Company organs; to establish and
hubungan eksternal dengan pemegang saham, regulator, dan                      bridge the external relations with shareholders, regulators, and
pemangku kepentingan lainnya; memelihara reputasi perusahaan;                 other stakeholders, to maintain the Company’s reputation; to keep
mengikuti perkembangan Pasar Modal beserta peraturan                          abreast to development in Capital Market and the prevailing laws
perundang-undangan yang berlaku; serta memastikan aspek                       and regulations; as well as to ensure transparency and compliance
keterbukaan dan kepatuhan sebagai bagian dari implementasi                    aspects as part of the implementation of Good Corporate
Tata Kelola Perusahaan yang baik.                                             Governance.




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
Profil Sekretaris Perusahaan                                                  Corporate Secretary Profile
Sekretaris Perusahaan Perseroan saat ini dijabat oleh Tony                    The current Corporate Secretary in the Company is Tony Soesanto.
Soesanto. Diangkat sejak 25 Agustus 2021 berdasarkan Surat                    He was appointed on August 25, 2021 based on the Board of
Keputusan Direksi No. 0368/Dir/JIHD/VIII/2021 untuk masa                      Directors’ Decree No. 0368/Dir/JIHD/VIII/2021 for 5 (five) years
jabatan 5 (lima) tahun. Pengangkatannya telah dilaporkan kepada               term of office. His appointment has been reported to OJK through
OJK melalui surat No. 0369/PN/CS/JIHD/VIII/2021 tanggal 25                    letter No. 0369/PN/CS/JIHD/VIII/2021 dated August 25, 2021, and
Agustus 2021, serta diumumkan dalam website Perseroan. Profil                 announced in the Company’s website. His full profile is presented




                                                                                                                                                  Profil Perusahaan
lengkapnya tercantum dalam sub bab Profil Direksi.                            in sub chapter of the Board of Directors’ Profile.




                                                                                                                                                   Company Profile
Piagam Sekretaris Perusahaan                                                  Corporate Secretary Charter
Sekretaris Perusahaan Perseroan bekerja sesuai Piagam                         The Company’s Corporate Secretary is guided by the Corporate
Sekretaris Perusahaan yang disusun mengacu pada Peraturan OJK                 Secretary Charter which was prepared by referring to OJK
No. 35/POJK.04/2014 tentang Sekretaris Perusahaan Emiten atau                 Regulation No. 35/POJK.04/2014 concerning Corporate Secretary
Perusahaan Publik, dan beberapa peraturan perundang-undangan                  in Issuers or Public Companies, and some other relevant laws and
yang terkait.                                                                 regulations.




                                                                                                                                                  Analisis dan Pembahasan Manajemen
                                                                                                                                                   Management Discussion and Analysis
Dalam piagam tersebut tercantum ketentuan-ketentuan perihal                   The charter regulates the existence, duties and responsibilities,
keberadaan, pengaturan tugas tanggung jawab dan mekanisme                     and reporting mechanism of the Corporate Secretary.
pelaporan Sekretaris Perusahaan.




                                                      1. Pendahuluan                         1. Introduction
                                                         a. Landasan Hukum                      a. Legal Basis
                                                         b. Definisi                            b. Definition
                                                         c. Maksud dan Tujuan                   c. Purpose and Objectives
                                                      2. Kedudukan, Fungsi dan Persyaratan   2. Purpose and Objectives
                                                         a. Kedudukan                           a. Position
                                                         b. Fungsi                              b. Fungsi
                          Piagam                         c. Persyaratan                         c. Requirements
                         Sekretaris                   3. Tugas dan Tanggung Jawab            3. Duties and Responsibilities
                        Perusahaan                    4. Tata Kelola                         4. Tata Kelola




                                                                                                                                                  Human Capital
                                                         a. Pelaporan dan Pengungkapan          a. Reporting and Disclosure




                                                                                                                                                  Human Capital
                         Corporate                       b. Kerahasiaan dan Larangan            b. Confidentiality and Limitation
                         Secretary                       c. Remunerasi                          c. Remuneration
                          Charter                     5. Penutup                             5. Closing


                                                      Diperbarui pada 23 Desember 2022
                                                      Updated on December 23, 2022
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




Struktur dan Kedudukan Sekretaris Perusahaan                                  Corporate Secretary Structure and Position
Struktur organisasi Sekretaris Perusahaan berada di bawah Direksi,            The organizational structure of Corporate Secretary is under the
dan bertanggung jawab kepada Presiden Direktur. Diangkat dan                  Board of Directors, and is responsible to the President Director.
diberhentikan berdasarkan Keputusan Direksi dengan persetujuan                Appointed and dismissed based on the Board of Directors’ Decree
Dewan Komisaris.                                                              with the approval of the Board of Commissioners.
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




                                                                                                            2023 Integrated Annual Report   183
Page 186
PT Jakarta International Hotels & Development Tbk




                                                                                                                                         Legalitas | Legality
                                     Struktur dan Kedudukan Sekretaris Perusahaan
                                                                                                                                    POJK No. 35/POJK.04/2015
                                        Corporate Secretary Structure and Position
                                                                                                                                  POJK No. 35/POJK.04/2015

1        Sekretaris Perusahaan adalah orang perseorangan atau penanggung jawab dari unit kerja yang menjalankan
         fungsi sekretaris perusahaan.                                                                                                         Pasal 1 ayat (1)
         Corporate Secretary is an individual or person in charge of a work unit that carries out the functions of a                       Article 1 paragraph (1)
         corporate secretary.

2        Sekretaris Perusahaan dalam fungsinya dapat dilakukan oleh:
         • seorang individu; atau
         • unit kerja, yang dipimpin oleh orang yang bertanggung jawab.                                                                       Pasal 2 ayat (2-3)
         Corporate Secretary function may be performed by:                                                                                Article 2 paragraph (2-3)
         • an individual; or
         • a working unit, led by a responsible person.

3        Struktur organisasi Sekretaris Perusahaan berada di bawah Direksi dan bertanggung jawab kepada Direktur
         Utama.                                                                                                                                Pasal 3 ayat (1)
         The organizational structure of the Corporate Secretary is under the Board of Directors and is responsible to                     Article 3 paragraph (1)
         the President Director.

4        Sekretaris Perusahaan dapat dirangkap oleh seorang anggota Direksi.                                                                   Pasal 3 ayat (2)
         Corporate Secretary may be concurrently served by a member of the Board of Directors.                                             Article 3 paragraph (2)

5        Sekretaris Perusahaan dilarang merangkap jabatan apapun di Perseroan atau perusahaan publik lain.                                     Pasal 3 ayat (3)
         Corporate Secretary is prohibited from holding any position in the Company or other public companies.                             Article 3 paragraph (3)

6        Dalam hal terjadi kekosongan Sekretaris Perusahaan:
         • Direksi harus menunjuk pengganti dalam waktu 60 (enam puluh) hari terhitung sejak terjadinya
              kekosongan tersebut;
         • Selama kekosongan Sekretaris Perusahaan dapat dirangkap oleh seorang anggota Direksi atau individu
              yang ditunjuk sementara untuk menjadi Sekretaris Perusahaan.                                                                    Pasal 4 ayat (1-2)
         In the event of a vacancy of the Corporate Secretary:                                                                            Article 4 paragraph (1-2)
         • The Board of Directors must appoint a replacement within 60 (sixty) days as of the occurrence of the
              vacancy.
         • During the vacancy, the Corporate Secretary may be held by a member of the Board of Directors or an
              individual temporarily appointed to be the Corporate Secretary.



Persyaratan Sekretaris Perusahaan                                                     Corporate Secretary Requirements
Persyaratan untuk ditunjuk dan diangkat sebagai Sekretaris                            The requirements to be nominated and appointed as a Corporate
Perusahaan, merujuk pada Pasal 9 ayat (1) Peraturan OJK No. 35/                       Secretary refer to Article 9 paragraph (1) of OJK Regulation No. 35/
OJK.04/2015, yaitu harus memenuhi sejumlah kualifikasi paling                         OJK.04/2015, which require the fulfillment of several qualifications,
kurang, tetapi tidak terbatas pada hal-hal berikut:                                   at least but not limited to the following:




                                                          1. Cakap melakukan perbuatan hukum.              1. Capable of carrying out legal actions.
                                                          2. Memiliki    latar   belakang     pendidikan   2. Has an educational background to
                                                             yang mampu mendukung kinerja/tugas               support his/her performance/duties and
                                                             dan tanggung jawabnya, dan memiliki              responsibilities, and has the necessary
                                                             pengalaman yang diperlukan berkaitan             experience related to the Company’s
                        Persyaratan                          dengan usaha Perseroan.                          business.
                         Sekretaris                       3. Memiliki pengetahuan dan pemahaman            3. The organizational structure of the
                        Perusahaan                           yang memadai di bidang hukum, keuangan,          Corporate Secretary is under the Board
                         Corporate                           tata kelola perusahaan, serta manajerial,        of Directors and is responsible to the
                         Secretary                           komunikasi, keterampilan interpersonal yang      President Director.
                       Requirements                          baik.
                                                          4. Dapat berkomunikasi dengan baik.              4. Able to communicate well.
                                                          5. Berdomisili di Indonesia.                     5. Domiciled in Indonesia.




Tugas dan Tanggung Jawab Sekretaris Perusahaan                                        Corporate Secretary Duties and Responsibilities
Tugas dan tanggung jawab utama Sekretaris Perusahaan meliputi                         The main duties and responsibilities of the Corporate Secretary
pelaporan dan pengungkapan, berhubungan dengan Dewan                                  include reporting and disclosure, liaising with the Board
Komisaris dan Direksi, berhubungan dengan Pemegang Saham,                             of Commissioners and the Board of Directors, liaising with
kepatuhan terhadap perundang-undangan di pasar modal, dan                             Shareholders, compliance with capital market laws, and providing
pemberian informasi. Tugas dan tanggung jawab tersebut sesuai                         information. These duties and responsibilities are in accordance
dengan ketentuan-ketentuan yang tercantum dalam beberapa                              with the provisions stated in several regulations, namely:
peraturan, yaitu:


    1   Peraturan OJK No. 35/POJK.04/2014 tentang Sekretaris Perusahaan Emiten atau Perusahaan Publik;
        OJK Regulation No. 35/POJK.04/2014 concerning Corporate Secretary in Issuers or Public Companies;

    2   Peraturan OJK No. 8/POJK.04/2015 tentang Situs Web Emiten atau Perusahaan Publik;
        OJK Regulation No. 8/POJK.04/2015 concerning the Website of Issuers or Public Companies;




184        Laporan Tahunan Terintegrasi 2023
Page 187
                                                                                                       Integrating Excellence for Sustainability




3   Peraturan OJK No. 31/POJK.04/2015 tentang Keterbukaan Informasi atau Fakta Material oleh Emiten atau Perusahaan Publik;




                                                                                                                                                            Prologue
                                                                                                                                                             Prolog
    OJK Regulation No. 31/POJK.04/2015 concerning Disclosure of Material Information or Facts by Issuers or Public Companies;

4   Peraturan OJK No. 29/POJK.04/2016 tentang Laporan Tahunan Emiten atau Perusahaan Publik;
    OJK Regulation No. 29/POJK.04/2016 concerning Annual Report of Issuers or Public Companies;

5   Peraturan OJK No. 11/POJK.04/2017 tentang Laporan Kepemilikan atau Setiap Perubahan Kepemilikan Saham Perusahaan Terbuka;




                                                                                                                                                            Performamnce Highlights
    OJK Regulation No. 11/POJK.04/2017 concerning Share Ownership Report or Any Changes in Share Ownership of Public Companies;




                                                                                                                                                                 Ikhtisar Kinerja
6   Undang-Undang No. 40 Tahun 2017 tentang Perseroan Terbatas;
    Law No. 40 Year 2017 concerning Limited Liability Company;

7   Peraturan OJK No. 15/POJK.04/2020 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka; dan
    OJK Regulation No. 15/POJK.04/2020 concerning Plans and Organization of General Meeting of Shareholders in Public Companies; and

8   Peraturan Bursa Efek Indonesia No. I-E Tahun 2022 tentang Kewajiban Penyampaian Informasi.
    Indonesia Stock Exchange Regulation No. I-E Year 2022 concerning Obligation to Submit Information.




                                                                                                                                                            Laporan Manajemen
                                                                                                                                                            Management Report
                               Tugas dan Tanggung Jawab Sekretaris Perusahaan                                                     Legalitas
                                 Corporate Secretary Duties and Responsibilities                                                   Legality

A    Pelaporan dan Pengungkapan:
     Reporting and Disclosure:

      1     Menyampaikan laporan pelaksanaan pekerjaan secara berkala minimal 1 (satu) kali dalam 1 (satu) tahun     Pasal 11 ayat (1) POJK No. 35/2014
            kepada Direksi dengan tembusan kepada Dewan Komisaris;                                                   Article 11 paragraph (1) of POJK No.
            Submit periodic work implementation report at least once a year to the Board of Directors with a copy                   35/2014




                                                                                                                                                            Profil Perusahaan
            tothe Board of Commissioners;




                                                                                                                                                             Company Profile
      2     Menjelaskan secara singkat tentang pelaksanaan fungsi Sekretaris Perusahaan dan menyampaikan             Pasal 11 ayat (2) POJK No. 35/2014
            informasi tentang pendidikan dan/atau pelatihan yang dilakukan oleh Sekretaris Perusahaan dalam          Article 11 paragraph (2) of POJK No.
            Laporan Tahunan Perseroan.                                                                                              35/2014
            Briefly explain the implementation of the Corporate Secretary’s function and convey information about
            education and/or training conducted by the Corporate Secretary in the Company’s Annual Report.

B    Berhubungan dengan Dewan Komisaris dan Direksi, dalam:
     Liaise with the Board of Commissioners and the Board of Directors, in:




                                                                                                                                                            Analisis dan Pembahasan Manajemen
                                                                                                                                                             Management Discussion and Analysis
      1      Memberikan masukan kepada Direksi terkait tugas, tanggung jawab, dan wewenang Direksi                    Pasal 5 huruf b POJK No. 35/2014
             berdasarkan Anggaran Dasar dan peraturan perundang-undangan yang berlaku/relevan dengan                    Article 5 letter b of POJK No.
             kegiatan usaha Perseroan;                                                                                              35/2014
             Providing input to the Board of Directors regarding the duties, responsibilities, and authorities of
             the Board of Directors based on the Articles of Association and the prevailing laws and regulations/
             relevant to the Company’s business activities;

      2      Melaksanakan tata kelola rapat inter departemen, Direksi dan Dewan Komisaris, termasuk rapat-rapat       Pasal 5 huruf c POJK No. 35/2014
             Direksi dan Dewan Komisaris dengan pihak luar;                                                             Article 5 letter c of POJK No.
             Organizing the organization of inter-departmental meetings, the Board of Directors’ and the Board                      35/2014
             of Commissioners’ meetings, including the meetings of the Board of Directors and the Board of
             Commissioners with external parties;

      3      Melaksanakan tata kelola data Daftar Pemegang Saham Perseroan, bekerjasama dengan Biro
             Administrasi Efek (BAE);
             Carrying out the data management of the Company’s Shareholders Register, in collaboration with the
             Securities Administration Bureau (BAE);




                                                                                                                                                            Human Capital
                                                                                                                                                            Human Capital
      4      Mengoordinasikan tata laksana penyusunan Rencana Jangka Panjang Perusahaan (RJPP) dan Rencana                Pasal 63 UU No. 40/2017
             Kerja Anggaran Perusahaan (RKAP);                                                                          Article 63 of Law No. 40/2017
             Coordinating the preparation of the Company’s Long Term Plan (RJPP) and the Company’s Budget
             Work Plan (RKAP).

C    Berhubungan dengan Pemegang Saham
     Liaise with Shareholders

      1      Bertanggung jawab atas tata kelola penyusunan Laporan Tahunan;                                              Bab II POJK No. 29/2016
                                                                                                                                                            Tata Kelola Perusahaan


             Responsible for the preparation of Annual Report;                                                         Chapter II of POJK No. 15/2020
                                                                                                                                                             Corporate Governance




      2      Bertanggung jawab atas tata kelola penyelenggaraan Rapat Umum Pemegang Saham (RUPS); dan                    Bab II POJK No. 15/2020
             Responsible for the organization of the General Meeting of Shareholders(GMS); and                         Chapter II of POJK No. 15/2020

      3      Bertanggung jawab atas penyusunan materi dan tata kelola penyelenggaraan Public Expose (PE).              Bagian III.3 PBEI No. I-E/2022
             Responsible for the preparation of materials and the organization of Public Expose (PE).                 Chapter III.3 of PBEI No. I-E/2022
                                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                                             Sustainability Report




                                                                                                               2023 Integrated Annual Report         185
Page 188
PT Jakarta International Hotels & Development Tbk




                                Tugas dan Tanggung Jawab Sekretaris Perusahaan                                                         Legalitas
                                  Corporate Secretary Duties and Responsibilities                                                       Legality

  D   Kepatuhan
      Compliance

      1       Mempersiapkan penyusunan, dan mengelola Keterbukaan Informasi dalam rangka peristiwa atau                 Pasal 3 ayat (2) POJK No. 31/2015.
              tindakan aksi korporasi Perseroan;                                                                        Article 3 paragraph (2) of POJK No.
              Preparing and managing Information Disclosure in the context of corporate actions of the Company;                       31/2015

      2       Mengelola Daftar Khusus yang berhubungan dengan Direksi, Dewan Komisaris dan keluarganya baik                   Pasal 4 POJK No. 11/2017.
              di Perseroan maupun afiliasinya, meliputi kepemilikan saham, hubungan bisnis, dan peranan lain                 Article 4 of POJK No. 11/2017.
              yang menimbulkan benturan kepentingan, serta melaporkannya kepada otoritas pasar modal sesuai
              peraturan perundang-undangan yang berlaku; dan
              Managing Special Register related to the Board of Directors, Board of Commissioners and their families
              both in the Company and its affiliates, including share ownership, business relationships, and other
              roles that cause conflicts of interest, and report them to the capital market authorities in accordance
              with the prevailing laws and regulations; and

      3       Memastikan seluruh kebijakan yang diputuskan dan prosedur yang dijalankan oleh Perseroan telah
              sesuai dengan peraturan perundang-undangan yang berlaku, dan telah tercantum dalam Laporan
              Tahunan.
              Ensuring that all policies taken and procedures carried out by the Company are in accordance with the
              applicable laws and regulations, and have been disclosed in the Annual Report.

  E   Pemberian Informasi
      Providing Information

      1       Membina hubungan baik dengan pemegang saham, regulator, dan pemangku kepentingan lainnya;                 Pasal 5 huruf d POJK No. 35/2014
              Fostering good relations with shareholders, regulators, and other stakeholders;                             Article 5 letter d of POJK No.
                                                                                                                                      35/2014

      2       Menentukan kriteria materi informasi yang dapat disampaikan kepada pemangku kepentingan;                        Pasal 6 POJK No. 31/2015
              Establishing the criteria for material information that can be provided to stakeholders;                       Article 6 of POJK No. 31/2015

      3       Mengelola informasi Perseroan melalui situs web, buletin, atau media informasi lainnya; dan                     Pasal 2 POJK No. 8/2015
              Managing the Company’s information through website, bulletins, or other information media; and                 Article 2 of POJK No. 8/2015

      4       Menjaga kerahasiaan dan bertindak dengan bijaksana dalam menyikapi informasi Perseroan.                   Pasal 6 ayat (1) POJK No. 35/2014
              Maintaining confidentiality and act wisely in dealing with Company information.                           Article 6 paragraph (1) of POJK No.
                                                                                                                                      35/2014


Laporan Kegiatan Sekretaris Perusahaan 2023                                        Corporate Secretary Activity Report in 2023
Sekretaris Perusahaan Perseroan telah melaksanakan dan                             The Company’s Corporate Secretary has carried out the following
menyelesaikan tugas dan tanggung jawabnya di sepanjang 2023.                       duties and responsibilities in 2023.


 No                                  Kegiatan                                                                     Activity

  1   Penyelenggaraan RUPS:                                                    Organization of GMS:
      • RUPS Tahunan : 27 Juni;                                                • Annual GMS : July 27;
      • RUPS Luar Biasa : 27 Juni.                                             • Extraordinary GMS : June 27.

  2   Penyelenggaraan dan pengadministrasian rapat-rapat:                      Organization and administration of meetings:
      • Rapat Interdep : 12 kali;                                              • Interdep Meeting : 12 times;
      • Rapat Direksi : 12 kali;                                               • Board of Directors Meeting: 12 times;
      • Rapat Dewan Komisaris : 7 kali;                                        • Board of Commissioners Meeting: 7 times;
      • Rapat Gabungan Direksi & Dewan Komisaris : 6 kali;                     • Joint Meeting of Board of Directors & Board of Commissioners : 6
                                                                                  times;
      •     Rapat Komite Audit : 4 kali;                                       • Audit Committee Meeting: 4 times;
      •     Rapat Komite Nominasi dan Remunerasi : 3 kali.                     • Nomination and Remuneration Committee Meeting: 3 times.

  3   Bertanggung jawab atas penyusunan Laporan Tahunan 2022 dan               Responsible for the preparation of the 2022 and 2023 Annual Reports.
      2023.

  4   Penyampaian laporan-laporan kepada otoritas Pasar Modal sesuai           Submision of reports to Capital Market authority in accordance with the
      Standar Kepatuhan, yang meliputi:                                        Compliance Standards, including:
      • Laporan registrasi saham : 12 kali;                                    • Share registration report: 12 times;
      • Laporan utang valas : 12 kali;                                         • Forex debt report: 12 times;
      • Laporan Keuangan Konsolidasian : 4 kali;                               • Consolidated Financial Statements: 4 times;
      • Laporan Tahunan : 1 kali.                                              • Annual Report: 1 time.

  5   Melakukan kegiatan Investor Relation, antara lain:                       Carrying out Investor Relations activities:
      • Keterbukaan Informasi (KI) yang material kepada otoritas pasar         • Material Information Disclosure to capital market authorities;
         modal;
      • Pengelolaan informasi di website Perusahaan.                           •     Management of information on the Company’s website.


Keterbukaan Informasi 2023                                                         Information Disclosure in 2023
Keterbukaan informasi sebagai laporan berkala dan laporan                          Information disclosure including regular and incidental reports
insidental dalam bahasa Indonesia dan Inggris telah disampaikan                    in Bahasa Indonesia and English have been submitted by the
oleh Sekretaris Perusahaan melalui media situs web: OJK, BEI, dan                  Company’s Corporate Secretary via website: OJK, BEI, and the
Perseroan, yang nantinya dapat pula diakses oleh seluruh pihak                     Company, which then can be accessed by all parties who are
yang berkeinginan mengetahui informasi Perseroan.                                  interested with the Company’s information.




186       Laporan Tahunan Terintegrasi 2023
Page 189
                                                                                                           Integrating Excellence for Sustainability




Laporan Berkala | Regular Reports




                                                                                                                                                               Prologue
                                                                                                                                                                Prolog
                                                      Periode                                                 Bulan
             Jenis Laporan               Tujuan       Laporan                                                 Month
            Types of Report             Purpose        Report
                                                       Period        01       02     03      04       05      06      07   08     09     10     11     12




                                                                                                                                                               Performamnce Highlights
Registrasi Pemegang Efek                            Bulanan           2        1         1   3        2       5       7     1        1    2      1      1




                                                                                                                                                                    Ikhtisar Kinerja
Securities Holder Registration                      Monthly

Utang Valuta Asing Perusahaan                       Bulanan           3        2         7   3        5       6       4     4      6      4      3      6
Company’s Foreign Exchange Debt                     Monthly

Data/Informasi Sumber Pendapatan                    Semester                                 10                                           4
Non Halal
Data/Information on Non-Halal Income   OJK & BEI
Source




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
Keuangan Konsolidasian Perusahaan                   Kuartal                          31               2               31                 31
& Entitas Anak                                      Quarterly
Consolidated Financials of the
Company & Subsidiaries

Tahunan                                             Tahunan                                  28
Annual                                              Annually

Laporan Insidental                                                             Incidental Reports
Perseroan telah melakukan keterbukaan informasi berupa laporan                 The Company has disclosed incidental reports to regulators (OJK




                                                                                                                                                               Profil Perusahaan
insidental kepada regulator (OJK dan/atau BEI) sebanyak 3 (tiga)               and/or BEI) 3 (three) times throughout 2023.




                                                                                                                                                                Company Profile
laporan di sepanjang 2023.


         Tanggal
                                                       Perihal                                                             Subject
          Date

21 Jun                   Pengunduran Diri Anggota Dewan Komisaris                                 Resignation of the Board of Commissioners’ Member

27 Jun                   Ringkasan Risalah Rapat Umum Pemegang Saham Tahunan dan Luar Summary of Minutes of the Annual and Extraordinary




                                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                                Management Discussion and Analysis
                         Biasa PT Jakarta International Hotels & Development Tbk.     General Meeting of Shareholders of PT Jakarta
                                                                                      International Hotels & Development Tbk

                         Laporan Hasil Public Expose PT Jakarta International Hotels &            Public Expose Report of PT Jakarta International Hotels &
                         Development Tbk 2023.                                                    Development Tbk 2023.


Evaluasi Kinerja Sekretaris Perusahaan                                         Performance Evaluation of the Corporate Secretary
Kinerja Sekretaris Perusahaan bersama unit kerjanya diukur dan                 Performance of the Corporate Secretary and his work units
dinilai dari pencapaian Key Performance Indicator (KPI) secara                 is measured and assessed based on the achievement of Key
tahunan. KPI Sekretaris Perusahaan meliputi pengelolaan atas                   Performance Indicators (KPI) on an annual basis. The Corporate
pemenuhan dan ketersediaan Informasi, perbaikan Tata Kelola                    Secretary’s KPI includes the management on the fulfillment and
Perusahaan, pemenuhan kepatuhan peraturan pasar modal                          availability of information, improvement of Corporate Governance,
(termasuk ketepatan waktu pelaporan), kualitas penyelenggaraan                 fulfillment of compliance with capital market regulations
rapat-rapat, efektivitas komunikasi kepada pemangku kepentingan,               (including timeliness of reporting), quality meetings organization,
dan pengelolaan citra Perseroan.                                               effectiveness of communication to stakeholders, and management




                                                                                                                                                               Human Capital
                                                                                                                                                               Human Capital
                                                                               of the Company’s image.

Berdasarkan laporan pelaksanaan tugas 2023, Sekretaris                         Based on 2023 duty implementation report, the Corporate
Perusahaan dinilai telah menjalankan tugas dan tanggung                        Secretary has carried out his duties and responsibilities, in
jawabnya, sesuai dengan ketentuan-ketentuan yang berlaku,                      accordance with the applicable regulations, ensuring that they are
dipastikan dilaksanakan, disampaikan dan dilaporkan sesuai                     carried out, submitted and reported according to the time period.
periode waktunya.
                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance




Pengembangan Sekretaris Perusahaan                                             Corporate Secretary Development
Sekretaris Perusahaan dituntut cakap, mengerti lebih banyak,                   The Corporate Secretary is required to be competent, understand
profesional lintas pengetahuan dan keahlian yang tidak semata                  more, be professional across knowledge and expertise that is
berhubungan dengan peraturan pasar modal, untuk mengantisipasi                 not only related to capital market regulations and to anticipate
perkembangan bisnis yang dinamis. Di bawah ini adalah sebagian                 the dynamic in business developments. Below are some of
program pengembangan telah diikuti oleh Sekretaris Perusahaan                  the development programs that have been attended in by the
Perseroan beserta jajarannya, yang sebagian besar melalui daring               Company’s Corporate Secretary and his staff, most of which are
(online). Program pengembangan lain, khususnya berkaitan                       online. Other development programs, particularly those related to
dengan keuangan keberlanjutan, ESG dan pelindungan konsumen,                   financial sustainability, ESG and consumer protection, can be seen
dapat dilihat di pembahasan Pengembangan Kompetensi Terkait                    in the Sustainability-Related Competency Development chapter in
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




Keberlanjutan di Bab Laporan Keberlanjutan.                                    the Sustainability Report.




                                                                                                                   2023 Integrated Annual Report         187
Page 190
PT Jakarta International Hotels & Development Tbk




                              Topik Workshop, Seminar & Konferensi                                   Penyelenggara          Tangga     Jam
                              Workship, Seminar & Conference Topics                                    Organizer             Date l    Time

 A    Peraturan Terkait Pasar Modal
      Capital Market Regulations

      1       Pendalaman Peraturan OJK No. 14/POJK.04/2022.                                              ICSA          12 Jan         2,5
              Understanding OJK Regulation No. 14/POJK.04/2022.

      2       Sosialisasi Surat Edaran OJK No. 33/SEOJK.04/2022.                                          OJK          31 Jan         2,0
              Socialization of OJK Circular Letter No. 33/POJK.04/2022.

      3       Dengar Pendapat Konsep Peraturan BEI No I-I.                                                BEI          27 Feb         1,5
              Hearing on the Concept of BEI Regulation No. I-I.

      4       Pelaksanaan RUPS Melalui aASY.KSEI.                                                        ICSA          14 Mar         2,5
              Organization of GMS through eASY.KSEI.

      5       Pendalaman Peraturan BEI No. I-E.                                                         ICSA-BEI       5 Apr          2,5
              Understanding BEI Regulation No. I-E.

      6       Pendalaman Peraturan OJK No. 14/POJK.04/2019.                                              ICSA          8 Jun          2,5
              Understanding BEI Regulation No. I-E.

      7       Diskusi Strategi & Penerapan UU P2SK Bagi Perusahaan Terbuka.                         AEI-Hukum Online   13 Jun         2,0
              Discussion on Strategies & Implementation of P2SK Law for Public Companies.

      8       Pendalaman Peraturan OJK: No. 42/POJK.04/2020 dan 17/POJK.04/2020.                         ICSA          13 Jul         2,5
              Understanding OJK Regulation: No. 42/POJK.04/2020 and 17/POJK.04/2020.

      9       Mengenal Lebih Jauh Pengaturan UU P2SK Dalam Rangka Penguatan Sektor Pasar                  OJK          20 Jul         3,0
              Modal.
              Get to Know More About the Regulations on the P2SK Law in the Context of
              Strengthening the Capital Market Sector.

      10      Pendalaman dan Updating Empat Peraturan OJK.                                                AEI          31 Jul         2,5
              Understanding and Updating Four OJK Regulations.

      11      Sosialisasi Perubahan Peraturan BEI No. I-V                                                 BEI          3 Agu/Aug      1,5
              Socialization on the Amendment of BEI Regulation No. I-V.

      12      Compliance Refreshment Emiten dan Perusahaan Publik                                         OJK          22 Agu/Aug     3,0
              Compliance Refreshment Emiten dan Perusahaan Publik

      13      Pendalaman Surat Edaran OJK No. 33/SEOJK.04/2022                                           ICSA          24 Agu/Aug     2,5
              Understanding OJK Circular Letter No. 33/SEOJK.04/2022

      14      Listed Companies Compliance Refreshmen                                                    ICSA-BEI       3 Okt/Oct      2,0

      15      Penjelasan Atas Peraturan BEI No. I-A Tahun 2021                                          AEI-BEI        6 Okt/Oct      2,0
              Explanation on BEI Regulation No. I-A Tahun 2021

      16      Sosialisasi Peraturan OJK No. 13/POJK.04/2023                                               OJK          23 Okt/Oct     3,0
              Explanation on BEI Regulation No. I-A Tahun 2021

      17      Sosialisasi Surat Edaran OJK No. 13/POJK.04/2023                                            OJK          24 Okt/Oct     2,5
              Socialization on OJK Circular Letter No. 13/POJK.04/2023

      18      Pendalaman Peraturan OJK No. 15/POJK.04/2020                                               ICSA          23 Nov         2,5
              Understanding OJK Regulation No. 15/POJK.04/2020

      19      Sosialisasi Peraturan OJK No. 9/POJK.04/2023                                                OJK          27 Nov         2,0
              Socialization on OJK Regulation No. 9/POJK.04/2023

      20      Sosialisasi Surat Edaran OJK No. 18/POJK.04/2023                                            OJK          7 Des/Dec      2,0
              Socialization on OJK Circular Letter No. 18/POJK.04/2023

 B    Laporan Tahunan
      Annual Report

      21      Sosialisasi Pedoman Umum Governansi Korporat Indonesia dan Penyelenggaraan                 KNKG          22 Feb         3,0
              ARA 2022
              Socialization on the General Guidelines of Indonesia’s Corporate Governance and the
              Organization of ARA 2022

      22      Pendalaman Surat Edaran OJK No. 16/POJK.04/2021                                            ICSA          28 Feb         2,5
              Understanding OJK Circular Letter No. 16/POJK.04/2021

      23      Mengenal ASEAN Corporate Governance Scorecard: Peran dan Lingkupnya dalam                  ICSA          28 Mar         2,0
              Tata Kelola Perusahaan
              Get to Know ASEAN Corporate Governance Scorecard: Roles and Scope in the
              Corporate Governance

      24      Sosialisasi Penyelenggaraan Annual Report Award 2022                                       KNKG          12 Apr         2,5
              Socialization on the Organization of Annual Report Award 2022

      25      ASEAN Corporate Governance Scorecard Revised October 2023                                  ICSA          9 Nov          2,5

      26      Sosialisasi Kriteria ACGS 2023 dan Persiapan Penilaian ACGS 2024                            OJK          20 Des/Dec     3,0
              Socialization on the Criteria of ACGS 2023 and Preparation for ACGS 2024
              Assessment




188       Laporan Tahunan Terintegrasi 2023
Page 191
                                                                                                      Integrating Excellence for Sustainability




                                Topik Workshop, Seminar & Konferensi                                    Penyelenggara        Tangga          Jam




                                                                                                                                                        Prologue
                                Workship, Seminar & Conference Topics                                     Organizer           Date l         Time




                                                                                                                                                         Prolog
 C    Pajak
      Tax

      27        Sosialisasi Dampak Perubahan Format NPWP 16 Digit dan NITKU 22 Digit                     Ditjen Pajak    20 Sep             3,0




                                                                                                                                                        Performamnce Highlights
                Socialization on the Impact of the New Format of 16 Digits NPWP and 22 Digits NITKU




                                                                                                                                                             Ikhtisar Kinerja
      28        Pemahaman Atas Penerapan PMK No. 72 Tahun 2023                                               AEI         26 Sep             2,5
                Understanding the Implementation of PMK No. 72 Year 2023

      29        Penjelasan & Pemahaman atas Penerapan PMK No. 79 Tahun 2023                                  AEI         17 Okt/Oct         2,5
                Explanation & Understanding the Implementation of PMK No. 79 Year 2023

      30        Penjelasan & Pemahaman atas Penerapan PMK No. 80 Tahun 2023                                  AEI         21 Nov             2,5
                Explanation & Understanding the Implementation of PMK No. 80 Year 2023

 E    Digital




                                                                                                                                                        Laporan Manajemen
                                                                                                                                                        Management Report
      31        Implementasi Artificial Intelligence di Industri Jasa Keuangan                              OJK          2 Feb              3,0
                Implementation of Artificial Intelligence in Financial Services Industry

      32        Prospek Insurtech di Indonesia                                                              OJK          2 Mar              3,0
                The Prospect of Insurtech in Indonesia

      33        Peluang Metaverse di Industri Jasa Keuangan                                                 OJK          11 Mei/May         3,0
                Metaverse Opportunity in Financial Services Industry

      34        Membangun Keyakinan Nasabah Aset Digital dari Risiko Siber                                  OJK          30 Mei/May         3,0




                                                                                                                                                        Profil Perusahaan
                                                                                                                                                         Company Profile
                Building Digital Asset Customer Confidence from Cyber Risks

  I   Kepemimpinan
      Leadership

      35        Strengthening the Board's Succession: A Framework for Board Performance &                   ICSA         27 Jun             2,0
                Evaluation.

      36        Mastering Yourself: Optimalkan Potensi dan Tingkatkan Kinerja di Era Digital                OJK          14 Des/Dec         3,0
                Mastering Yourself: Optimizing Potential and Improving Performance in Digital Era




                                                                                                                                                        Analisis dan Pembahasan Manajemen
                                                                                                                                                         Management Discussion and Analysis
 J    Manajemen Risiko
      Risk Management

      37        Effective Risk Management for Corporate Secretary                                           ICSA         31 Mei/May         2,0

 K    ESG

      38        Creating System with Future-Fit Business: Why, What and How                                  SII         10 Feb             2,0

      39        Latest Developments on Social Value and SROI: Implications for Indonesia                     SII         24 Feb             2,0

      40        Let's T(W)alk CSR, When Talking is an Action                                                 SII         17 Mar             2,0

      41        The Business of Regenerating the Earth                                                       SII         26 Mei/May         2,0

      42        PROPER Emas dan Hijau: Apakah Menjamin Manfaat untuk Seluruh Pemangku                        SII         22 Sep             2,0
                Kepentingan
                Gold and Green PROPER: Do They Ensure Benefits for All Stakeholders




                                                                                                                                                        Human Capital
                                                                                                                                                        Human Capital
      43        Peran Perusahaan dalam Pencegahan Pencemaran Udara                                           SII         27 Okt/Oct         2,0
                Role of the Company in Preventing Air Pollution

      44        Stand Out in Business through SDG Integration                                                SII         24 Nov             2,0

      45        2023 Review + 2024 Outlook Impact Matters                                                    SII         29 Des/Dec         2,0

Jumlah | Total                                                                                                                              98,0
                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                         Corporate Governance
                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                         Sustainability Report




                                                                                                            2023 Integrated Annual Report         189
Page 192
PT Jakarta International Hotels & Development Tbk




Unit Audit Internal
Internal Audit Unit

Unit Audit Internal                                                              Internal Audit Unit
Unit Audit Internal merupakan organ pendukung Direksi yang                       Internal Audit Unit is a supporting organ of the Board of Directors
dibentuk merujuk Peraturan OJK No. 56/POJK.04/2015 tentang                       which was established by referring to OJK Regulation No. 56/
Pembentukan dan Pedoman Penyusunan Piagam Unit Audit                             POJK.04/2015 concerning the Establishment and Preparation
Internal. Bertugas untuk melaksanakan pemantauan dan evaluasi                    Guidelines of Internal Audit Unit Charter. The IAU is responsible
atas pengendalian internal, dan sistem manajemen risiko,                         to monitor and evaluate internal control and risk management
memberikan pandangan, keyakinan dan konsultasi yang bersifat                     system, providing opinions, confidence, as well as independent
independen dan objektif guna meningkatkan nilai dan kinerja                      and objective consultation in order to improve the Company’s
operasional perusahaan.                                                          operational values and performance.

Struktur dan Kedudukan Unit Audit Internal                                       Internal Audit Structure and Position
Struktur organisasi Unit Audit Internal berada di bawah Direksi,                 The Internal Audit Unit’s organizational structure is under the
dan bertanggung jawab kepada Presiden Direktur. Kepala Unit                      Board of Directors and is responsible to the President Director. The
Audit Internal diangkat dan diberhentikan berdasarkan Keputusan                  Chairman of Internal Audit Unit is appointed and dismissed based
Direksi dengan persetujuan Dewan Komisaris. Ketentuan lebih                      on the Board of Directors’ Decree with approval from the Board of
lengkap perihal struktur dan kedudukan Unit Audit Internal dapat                 Commissioners. Detailed provisions concerning the structure and
dilihat di bawah ini:                                                            position of Internal Audit Unit can be seen bellow:


                                                                                                                                Legalitas | Legality
            Struktur dan Kedudukan Unit Audit Internal | Structure and Position of Internal Audit Unit
                                                                                                                            POJK No. 56/POJK.04/2015

1     Terdiri dari 1 (satu) orang auditor atau lebih (jumlah disesuaikan dengan besaran dan tingkat kompleksitas Pasal 4 ayat (1, 4)
      kegiatan usaha Emiten atau Perusahaan Publik).                                                                   Article 4 paragraph (1,4)
      Consists of 1 (one) or more auditors (the number is adjusted to the size and level of complexity of the business
      activities of the Issuer or Public Company).

2     Dipimpin oleh seorang Kepala Unit Audit Internal yang diangkat oleh Presiden Direktur dengan surat keputusan Pasal 4 ayat (2), Pasal 5 ayat (1)
      Direksi, setelah mendapat persetujuan Dewan Komisaris.                                                       Article 4 paragraph (2) Article 5
      Led by the Chairman of Internal Audit Unit who is appointed by the President Director based on the Board of paragraph (1)
      Directors’ Decree after obtaining approval from the Board of Commissioners.

3     Anggota Unit Audit Internal bertanggung jawab secara langsung kepada Kepala Unit Audit Internal, yang Pasal 5 ayat (2, 4)
      selanjutnya bertanggung jawab kepada Presiden Direktur.                                                            Article 5 paragraph (2,4)
      Members of the Internal Audit Unit are directly responsible to the Chairman of Internal Audit Unit, who in turn is
      responsible to the President Director.

4     Presiden Direktur dapat memberhentikan kepala Unit Audit Internal dalam hal tidak memenuhi persyaratan Pasal 5 ayat (3)
      sebagai auditor internal dalam Unit Audit Internal dan/atau gagal atau tidak cakap dalam menjalankan tugas, Article 5 paragraph (3)
      setelah mendapat persetujuan Dewan Komisaris.
      The President Director may dismiss the Chairman of Internal Audit Unit in the event that he/she does not meet
      the requirements as an internal auditor in the Internal Audit Unit and/or fails or is incapable of carrying out his/
      her duties, after obtaining approval from the Board of Commissioners


Sedang untuk menjadi auditor internal di Perseroan, harus                        While becoming an internal auditor of the Company, one has
memenuhi kualifikasi sebagaimana yang dipersyaratkan.                            to fulfill the required qualifications. The Company has set the
Perseroan telah menetapkan persyaratan-persyaratannya sesuai                     qualifications in accordance with the Article 6 of OJK Regulation
dengan Pasal 6 Peraturan OJK No. 56/POJK.04/2015.                                No. 56/POJK.04/2015.




190    Laporan Tahunan Terintegrasi 2023
Page 193
                                                                                                              Integrating Excellence for Sustainability




                                                                                                                                                                             Prologue
                                                                                                                                                                              Prolog
                                              1     Memiliki:                                             1    Possesses:
                                                    •  integritas dan perilaku yang profesional,               •   integrity    and    professional      behaviour,
                                                       independen, jujur, dan obyektif dalam                       independent, honest and objective in carrying




                                                                                                                                                                             Performamnce Highlights
                                                       pelaksanaan tugasnya;                                       out their duties;
                                                    •  pengetahuan dan pengalaman mengenai                     •   knowledge and experience regarding technical
                                                       teknis audit dan disiplin ilmu lain yang relevan            audits and other disciplines relevant to their




                                                                                                                                                                                  Ikhtisar Kinerja
                                                       dengan bidang tugasnya;                                     field of work;
                                                    •  pengetahuan tentang peraturan perundang-                •   knowledge of the laws and regulations in the
                                                       undangan di bidang pasar modal dan terkait                  capital market and other related fields;and
          Persyaratan                                  lainnya; dan
                                                    •  kecakapan       untuk       berinteraksi     dan        •    skills to interact and communicate both verbally
        Auditor Internal                               berkomunikasi baik lisan maupun tertulis                     and in writing effectively.
        Internal Auditor                               secara efektif.
         Requirements                         2     Mematuhi standar profesi dan kode etik yang                Must comply with professional standards and code
                                                                                                          2
                                                    dikeluarkan oleh asosiasi Audit Internal                   of conducts issued by the Internal Audit association.
                                              3     Menjaga kerahasiaan informasi dan/atau data           3    Maintain the confidentiality of Company’s information
                                                    Perseroan terkait dengan pelaksanaan tugas                 and/or data related to the implementation of IAU’s




                                                                                                                                                                             Laporan Manajemen
                                                                                                                                                                             Management Report
                                                    dan tanggung jawab UAI, kecuali diwajibkan                 duties and responsibilities, unless required by laws
                                                    berdasarkan peraturan perundang-undangan atau              and regulations or court orders/decisions.
                                                    penetapan/putusan pengadilan.
                                              4     Memahami prinsip-prinsip tata kelola perusahaan       4    Understand the principles of Good Corporate
                                                    yang baik dan manajemen risiko.                            Governance and risk management.
                                              5     Senantiasa meningkatkan pengetahuan, keahlian         5    Continually improve their knowledge, skills and
                                                    dan kemampuan profesionalismenya secara terus              professional abilities.
                                                    menerus.




                                                                                                                                                                             Profil Perusahaan
                                                                                                                                                                              Company Profile
Tugas, Tanggung Jawab dan Wewenang Unit Audit                                            Duties, Responsibilities and Authorities of the
Internal                                                                                 Internal Audit Unit
Di bawah ini adalah lingkup tugas dan tanggung jawab Unit Audit                          Below is the scope of duties and responsibilities of the Company’s
Internal Perseroan, yang merujuk pada Pasal 7 Peraturan OJK No.                          Internal Audit Unit that refer to the Article 7 of OJK Regulation No.
56/POJK.04/2015.                                                                         56/POJK.04/2015.




                                                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                                                              Management Discussion and Analysis
                                Tugas dan Tanggung Jawab Unit Audit Internal | Duties and Responsibilities of Internal Audit Unit
    1      Menyusun dan melaksanakan rencana audit internal tahunan.
           To compile and carry out the annual internal audit plans.
    2      Menguji dan mengevaluasi pelaksanaan pengendalian internal dan sistem manajemen risiko sesuai dengan kebijakan Perseroan.
           To examine and evaluate the implementation of internal control and risk management systems in accordance with the Company’s policies.
    3      Melakukan pemeriksaan dan penilaian atas efisiensi dan efektivitas di bidang keuangan, akuntansi, operasional, sumber daya manusia, pemasaran,
           teknologi informasi, dan kegiatan lainnya.
           To conduct inspections and assessments on the efficiency and effectiveness of finance, accounting, operations, human resources, marketing,
           information technology, and other activities.
    4      Memberikan saran perbaikan dan informasi yang objektif tentang kegiatan yang diperiksa pada semua tingkat manajemen.
           To provide suggestions for improvement and objective information about the audited subject to all levels of management.
    5      Membuat laporan hasil audit dan menyampaikan laporan tersebut kepada Presiden Direktur dan Dewan Komisaris.
           To prepare an audit report and submit the report to the President Director and the Board of Commissioners.




                                                                                                                                                                             Human Capital
                                                                                                                                                                             Human Capital
    6      Memantau, menganalisis dan melaporkan pelaksanaan tindak lanjut perbaikan yang telah disarankan.
           To monitor, analyze and report on the implementation of the follow-up improvements that have been suggested.
    7      Menyusun program untuk mengevaluasi mutu kegiatan audit internal yang dilakukannya.
           To develop a program to evaluate the quality of internal audit activities.
    8      Melakukan pemeriksaan khusus apabila diperlukan.
           To conduct special examinations when necessary.
    9      Bekerja sama dengan Komite Audit.
                                                                                                                                                                             Tata Kelola Perusahaan


           To work closely with the Audit Committee.
                                                                                                                                                                              Corporate Governance




Sedang lingkup kewenangan yang melekat pada Unit Audit                                   The scope of authorities of the Company’s Internal Audit Unit refers
Internal Perseroan, menyesuaikan dengan Pasal 8 Peraturan OJK                            to the Article 8 of OJK Regulation No. 56/POJK.04/2015.
No. 56/POJK.04/2015.


                                                  Wewenang Unit Audit Internal | Authorities of Internal Audit Unit
1          Mengakses seluruh informasi yang relevan tentang perusahaan terkait dengan tugas dan fungsinya.
           To access all relevant information about the company related to its duties and functions.
                                                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                                                              Sustainability Report




2          Melakukan komunikasi secara langsung dengan Direksi, Dewan Komisaris, dan/atau Komite Audit serta anggota dari Direksi, Dewan Komisaris, dan/
           atau Komite Audit;
           To communicate directly with the Board of Directors, Board of Commissioners, and/or the Audit Committee as well as members of the Board of
           Directors, Board of Comissioners, and/or Audit Committee;
3          Mengadakan rapat secara berkala dan insidental dengan Direksi, Dewan Komisaris, dan/atau Komite Audit;
           To hold regular and incidental meetings with the Board of Directors, Board of Commissioners, and/or Audit Committee;
4          Melakukan koordinasi kegiatannya dengan kegiatan auditor eksternal.
           To coordinate its activities with the external auditors.




                                                                                                                      2023 Integrated Annual Report                    191
Page 194
PT Jakarta International Hotels & Development Tbk




Unit Audit Internal Perseroan sesuai ketentuan peraturan yang                         The Company’s Internal Audit Unit, based on the prevailing laws
berlaku, dapat bekerjasama dengan pihak-pihak lain seperti                            and regulations, may have professional collaboration with other
Komite Audit, fungsi lain di Perseroan dan Auditor Eksternal secara                   parties including the Audit Committee, other functions in the
profesional.                                                                          Company and External Auditors.


   Mitra Kerja | Work                                                                                                                      Legalitas | Legality
                                                            Kerja Bersama | Collaboration
        Partners                                                                                                                       POJK No. 56/POJK.04/2015

Komite Audit            •   Membahas temuan audit internal yang mengandung kelemahan pengendalian internal               Pasal 7 huruf g, Pasal 8 huruf b
Audit Committee             melalui pertemuan regular dan insidental;                                                    dan c.
                        •   Meminta Komite Audit (persetujuan Presiden Direktur) memperluas pemeriksaan terkait          Article 7 letter g, Article 8 letter
                            dengan sifat, lingkup, besaran dan dampak dari kelemahan signifikan pengendalian internal, b and c.
                            serta pengaruhnya terhadap laporan keuangan.
                        •   Discuss internal audit findings that contain internal control weaknesses through regular and
                            incidental meetings;
                        •   Request the Audit Committee (with the approval of the President Director) to expand the
                            audit in relation to the nature, scope, magnitude and impact of significant internal control
                            weaknesses, as well as their impact on the financial statements.

Unit kerja lain di      Mengadakan pertemuan regular untuk memastikan cakupan pemeriksaan yang tepat/memadai                       Pasal 7 huruf c dan d.
Perseroan               dan mengurangi duplikasi pekerjaan.                                                                        Article 7 letter c and d.
                        Hold regular meetings to ensure appropriate/adequate audit coverage and reduce duplication
                        of work.

Auditor Eksternal       •   Melakukan koordinasi agar cakupan audit dapat lebih memadai, serta menghindari untuk        Pasal 8 huruf d.
External Auditor            terjadinya duplikasi pekerjaan;                                                             Article 8 letter d.
                        •   Auditor Eksternal memiliki akses atas laporan hasil audit dalam menelaah dan mengukur
                            efektivitas pengendalian internal;
                        •   Unit Audit Internal dapat pula menggunakan laporan dari Auditor Eksternal untuk melakukan
                            identifikasi kemungkinan adanya kelemahan pengendalian internal.
                        •   Coordinate audit coverages to be more adequate, and avoid duplication of work.
                        •   External Auditors have access to audit reports in reviewing and measuring the effectiveness
                            of internal controls.
                        •   The Internal Audit Unit can also use reports from External Auditors to identify possible
                            internal control weaknesses.


Piagam Unit Audit Internal                                                            Internal Audit Unit Charter
Perseroan telah memiliki Piagam Unit Audit Internal yang                              The Company has an Internal Audit Unit Charter which was
disusun merujuk Peraturan OJK No. 56/POJK.04/2015 tentang                             prepared by referring to OJK Regulation No. 56/POJK.04/2015
Pembentukan dan Pedoman Penyusunan Piagam Unit Audit                                  concerning the Establishment and Guidelines for Preparing
Internal, dan Peraturan OJK No. 55/POJK.04/2015 tentang                               the Internal Audit Unit Charter, and OJK Regulation No. 55/
Pembentukan Pedoman Kerja Komite Audit. Piagam tersebut                               POJK.04/2015 concerning the Establishment of Audit Committee
menjadi pedoman kerja Unit Audit Internal Perseroan.                                  Work Guidelines. This charter becomes the work guideline for the
                                                                                      Company's Internal Audit Unit




                                              1.   Pendahuluan                                       1.   Introduction
                                                   a. Landasan Hukum                                      a. Legal Basis
                                                   b. Definisi                                            b. Definition.
                                                   c. Fungsi Unit Audit Internal                          c. Internal Audit Unit Function
                                                   d. Piagam Unit Audit Internal                          d. Internal Audit Unit Charter.
                                                   e. Maksud dan Tujuan                                   e. Purpose and Objectives
                                              2.   Keanggotaan                                       2.   Membership
                                                   a. Struktur dan Kedudukan                              a. Structure and Position
      Piagam Audit                                 b. Persyaratan                                         b. Requirements
         Internal                                  c. Masa Tugas                                          c. Term of Service
      Internal Audit                          3.   Tugas, Tanggung Jawab dan Wewenang                3.   Duties, Responsibilities and Authorities
         Charter                                   a. Tugas dan Tanggung Jawab Unit Audit Internal        a. Duties and Responsibilities of Internal Audit Unit
                                                   b. Wewenang Unit Audit Internal                        b. Authority of Internal Audit Unit
                                              4.   Tata Kelola                                       4.   Governance
                                                   a. Akuntabilitas dan Independensi                      a. Accountability and Independence
                                                   b. Pedoman dan Pelaporan                               b. Guidelines and Reporting
                                                   c. Kode Etik Audit Internal                            c. Internal Audit Code of Ethics
                                                   d. Hubungan dengan Pihak Lain                          d. Relationship with Other Parties
                                              5.   Penutup                                           5.   Closing




Kode Etik Auditor Internal                                                            Internal Audit’s Code of Conduct
Unit Audit Internal Perseroan dalam menjalankan tugas, tanggung                       In carrying out its duties, responsibilities, and authorities, other than
jawab dan wewenangnya, selain berpedoman pada Piagam Unit                             referring to the Internal Audit Unit Charter, the Company’s Internal
Audit Internal, juga harus menerapkan dan menegakkan prinsip                          Audit Unit must also implements and enforces the principles and
dan perilaku sesuai Kode Etik Auditor Internal. Perseroan telah                       behaviour applicable in Internal Auditor Code of Conduct. The
menyusunnya merujuk pada praktik-praktik terbaik dari standar                         Company prepared the code of conduct by referring the best
International Professional Practice Framework (IPPF) dari The                         practices from the International Professional Practice Framework
Institute of InternaI Auditor (IIA).                                                  (IPPF) from the Institute of Internal Auditor (IIA).




192       Laporan Tahunan Terintegrasi 2023
Page 195
                                                                                                        Integrating Excellence for Sustainability




                                                                                                                                                                        Prologue
                                                                                                                                                                         Prolog
                                                       Integritas                                                                 Objektivitas
                                                         Integrity                                                                 Objectivity
Prinsip                                                                          Prinsip




                                                                                                                                                                        Performamnce Highlights
Membangun kepercayaan untuk memberikan dasar penilaian atau                      •    Menunjukkan objektivitas profesional tertinggi dalam memperoleh,
pertimbangan auditor internal.                                                        mengevaluasi, dan mengomunikasikan informasi tentang kegiatan




                                                                                                                                                                             Ikhtisar Kinerja
                                                                                      atau proses yang sedang diperiksa;
Perilaku                                                                         •    Membuat penilaian yang seimbang atas segala hal yang relevan dan
•    Melaksanakan pekerjaan dengan menjunjung tinggi kejujuran,                       tidak berpengaruh oleh berbagai kepentingan dalam memberikan
     kehati-hatian dan tanggung jawab;                                                pertimbangan.
•    Mematuhi hukum yang berlaku dan membuat pengungkapan
     sebagaimana diharuskan hukum dan etika profesi;                             Perilaku
•    Tidak boleh terlibat dalam aktivitas ilegal apapun, atau terlibat dalam     •    Tidak akan terlibat dalam kegiatan atau hubungan apapun yang
     tindakan yang memalukan;                                                         dapat atau patut diduga dapat menghalangi penilaian yang adil.
•    Menghormati dan berkontribusi pada tujuan yang sah dan etis                      Termasuk dalam hal ini adalah kegiatan atau hubungan apapun yang
     Perseroan.                                                                       mengakibatkan benturan kepentingan di dalam Perseroan;
Principle                                                                        •    Tidak boleh menerima apapun yang dapat atau patut diduga dapat
Build trust to provide a basis for internal auditor judgment or consideration.        mengurangi profesionalitas penilaian;




                                                                                                                                                                        Laporan Manajemen
                                                                                                                                                                        Management Report
Behaviour                                                                        •    Wajib mengungkapkan semua fakta material yang ada dan tidak
•    Carry out duties by upholding honesty, prudence and responsibility;              menyembunyikan hal yang dapat merugikan Perseroan atau
•    Comply with applicable laws and make disclosures as required by                  melanggar hukum.
     law and professional ethics;                                                Principle
•    Must not engage in any illegal activity, or engage in any disgraceful       •    Demonstrate the highest professional objectivity in obtaining,
     conduct;                                                                         evaluating and communicating information about the audited activity
•    Respect and contribute to the legitimate and ethical objectives of               or process;
     the Company.                                                                •    Make a balanced assessment of all matters that are relevant and not
                                                                                      influenced by various interests in giving consideration.

                                                                                 Behaviour
                                                                                 •   Will not engage in any activity or relationship which could or
                                                                                     reasonably be expected to impede fair judgment, including any




                                                                                                                                                                        Profil Perusahaan
                                                                                                                                                                         Company Profile
                                                                                     activity or relationship that results in a conflict of interest within the
                                                                                     Company;
                                                                                 •   Should not accept anything that can or should be suspected to
                                                                                     reduce the professionalism of the assessment;
                                                                                 •   Must disclose all existing material facts and not hide things that can
                                                                                     harm the Company or violate the law.




                                                                                                                                                                        Analisis dan Pembahasan Manajemen
                                                                                                                                                                         Management Discussion and Analysis
                                                Kerahasiaan                                                                       Kompetensi
                                               Confidentiality                                                                    Competency
Prinsip                                                                          Prinsip
Menghormati nilai dan kepemilikan informasi yang diterimanya, dan tidak          •    Menerapkan pengetahuan, kecakapan, dan pengalaman yang
mengungkapkan tanpa kewenangan yang sah, kecuali ada ketentuan                        diperlukan dalam pelaksanaan layanan audit internal.
perundang-undangan atau kewajiban profesional untuk melakukannya.
                                                                                 Perilaku
Perilaku                                                                         •    Hanya akan melaksanakan pekerjaan sesuai pengetahuan,
•    Berhati-hati dalam penggunaan dan perlindungan informasi yang                    kecakapan, dan pengalaman yang dimilikinya;
     diperoleh selama pelaksanaan tugas;                                         •    Melaksanakan audit internal sesuai dengan standar internasional
•    Tidak boleh menggunakan informasi untuk kepentingan pribadi                      praktik profesional Audit Internal;
     atau dengan cara apapun yang bertentangan dengan hukum atau                 •    Senantiasa meningkatkan keahlian, efektivitas dan kualitas hasil
     merugikan Perseroan.                                                             pekerjaan.

Principle                                                                        Prinsip
Respect the value and ownership of the information obtained, and do not          Apply the knowledge, skills, and experience required in the
disclose it without legal authority, unless there is a statutory requirement     implementation of internal audit services.
or a professional obligation to do so.
                                                                                 Perilaku




                                                                                                                                                                        Human Capital
                                                                                                                                                                        Human Capital
Behaviour                                                                        •    Only carry out duties according to his knowledge, skills and
•   Be careful in the use and protection of information obtained during               experience;
    the performance of tasks;                                                    •    Carry out internal audits in accordance with international standards
•   Should not use information for personal gain or in any way that is                of professional practice of Internal Auditing;
    against the law or is detrimental to the Company.                            •    Constantly improve skills, effectiveness and quality of work.


                                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                                         Corporate Governance
                                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                                         Sustainability Report




                                                                                                                  2023 Integrated Annual Report                   193
Page 196
PT Jakarta International Hotels & Development Tbk




Kepala Unit Audit Internal                                                        Chairman of Internal Audit Unit
Unit Audit Internal Perseroan dipimpin oleh Budianto Tirtadjaja, yang             The Company’s Internal Audit Unit is chaired by Budianto
diangkat dengan Surat Keputusan Direksi No. 035/DIR/JIHD/VII/2009                 Tirtadjaja who was appointed based on the Board of Directors
tanggal 8 Juli 2009.                                                              Decree No. 035/DIR/JIHD/VII/2009 dated July 8, 2009.

                                             Kepala Unit Audit Internal | Chairman of Internal Audit Unit Profile

Usia                                                                            Age

67 tahun, per 31 Desember 2023                                                  67 years old as of December 31, 2023

Tempat dan Tanggal Lahir                                                        Place and Date of Birth
Jakarta, 11 Januari 1956                                                        Jakarta, January 11, 1956

Kewarganegaraan                                                                 Citizenship
Indonesia                                                                       Indonesia

Pendidikan                                                                      Education
SM Akuntansi Akademi Pendidikan Kejuruan (1975)                                 Associate degree in Accounting, Academy of Vocational Education (1975)

Riwayat Pekerjaan                                                               Working Experience
• Akuntan (1975)                                                                • Accountant (1975)
• Audit Internal PT Satelit Palapa Indonesia (1993-1998)                        • Internal Audit of PT Satelit Palapa Indonesia (1993-1998)
• Wakil Kepala Audit Internal Perseroan (1998-2002)                             • Deputy Head of Internal Audit of the Company (1998-2002)
• Anggota Komite Audit Perseroan (2002-2008)                                    • Member of the Company’s Audit Committee (2002-2008)
• Anggota Komite Audit PT Danayasa Arthatama Tbk (2008-2017)                    • Member of the Audit Committee of PT Danayasa Arthatama Tbk (2008-
                                                                                   2017)

Hubungan Afiliasi                                                               Affiliate Relationship
Tidak memiliki hubungan afiliasi dengan anggota Dewan Komisaris, Direksi        as no affiliation with members of the Board of Commissioners, Board of
dan Pemegang Saham Utama.                                                       Directors and Majority
                                                                                Shareholder.


Pelaksanaan Kegiatan Unit Audit Internal 2023                                     Implementation of Internal Audit Unit Activities in
                                                                                  2023
Di bawah ini adalah kegiatan yang dijalankan oleh Unit Audit                      Below is the activities carried out by the Company’s Internal
Internal Perseroan sepanjang 2023. Unit Audit Internal Perseroan                  Audit Unit throughout 2023. The IAU has provided objective and
telah memberikan penilaian yang objektif dan independen berupa                    independent assessments in form of recommendations based
rekomendasi berdasarkan hasil-hasil kegiatan evaluasi dan audit                   on the evaluation and audit results of the Company’s business
atas aktivitas bisnis Perseroan.                                                  activities.


  1    Melaksanakan audit terjadwal sesuai dengan Program Kerja Audit Carrying out scheduled risk-based audits in accordance with the 2023
       Tahunan 2023 dengan berbasis risiko, dan telah menerbitkan Laporan Annual Audit Work Program, and has submitted an Audit Report.
       Hasil Audit.

  2    Monitoring dan penyelesaian tindak lanjut hasil audit.                    Monitoring and completing the follow-up of audit results.

  3    Terlaksananya kegiatan konsultasi atas pengendalian internal sesuai Conducting consulting activities on internal control in accordance with
       dengan permintaan dari auditee.                                     requests from auditees.

  4    Terlaksananya identifikasi, evaluasi, dan tindak lanjut atas setiap laporan Conducting identification, evaluation, and follow-up of each report in the
       dalam Sistem Pelaporan Pelanggaran.                                         Whistleblowing System.

  5    Melakukan pengujian dan evaluasi atas sistem pengendalian internal Conducting testing and evaluation of the Company’s internal control system
       Perseroan 2023.                                                    in 2023.

  6    Melakukan pendampingan kegiatan Audit Eksternal, yaitu Audit Laporan Assisting External Audit activities, including the 2022 Financial Statement
       Keuangan 2022 oleh KAP Mirawati Sensi Idris.                         Audit by KAP Mirawati Sensi Idris.

  7    Melakukan rapat koordinasi dengan Komite Audit 2 (dua) kali.              Organizing coordination meetings with the Audit Committee for 2 times.


Pengembangan Unit Audit Internal                                                  Internal Audit Unit Development
Peningkatan kapabilitas personel audit internal dilakukan melalui                 Capability development of internal audit personnel is carried out
program pengembangan kompetensi auditor secara sistematis                         through a systematic and tiered auditor competency development
dan berjenjang. Pengembangan kompetensi dapat dilakukan                           program. The Competency development can be done by attending
dengan mengikuti workshop, seminar atau konferensi yang                           workshops, seminars or conferences organized by external
diselenggarakan oleh lembaga eksternal, selain ini juga dilakukan                 institutions, the development can also be carried out internally.
pembelajaran secara internal. Untuk 2023, Unit Audit Internal                     In 2023, the Company’s Internal Audit Unit only attended internal
Perseroan hanya melakukan pengembangan secara internal.                           development.




194     Laporan Tahunan Terintegrasi 2023
Page 197
                                                                                                        Integrating Excellence for Sustainability




Akuntan Publik dan Audit Eksternal




                                                                                                                                                                 Prologue
                                                                                                                                                                  Prolog
Public Accountant and External Audit




                                                                                                                                                                 Performamnce Highlights
Fungsi pengawasan independen terhadap aspek keuangan                             The independent monitoring function of the Company’s financial




                                                                                                                                                                      Ikhtisar Kinerja
Perseroan dilakukan melalui pemeriksaan audit eksternal yang                     aspects is carried out through external audits carried out by the
dilakukan oleh Kantor Akuntan Publik (KAP). KAP merupakan pihak                  Public Accounting Firm (KAP). KAP is an external party that provides
eksternal yang memberikan opini terkait kesesuaian penyajian                     opinions regarding the compliance of the presentation of financial
laporan keuangan terhadap Standar Akuntansi Keuangan (SAK)                       statements to the Financial Accounting Standards (SAK) applicable
yang berlaku di Indonesia. Untuk menjamin independensi kualitas                  in Indonesia. To ensure the independency of the quality of audit
hasil pemeriksaan, KAP yang ditunjuk tidak boleh memiliki                        results, the appointed KAP must not have a conflict of interest with
benturan kepentingan dengan Perseroan.                                           the Company.




                                                                                                                                                                 Laporan Manajemen
                                                                                                                                                                 Management Report
Prosedur dan Standar Audit Eksternal                                             External Audit Procedures and Standards
Perseroan telah menyusun prosedur dan standar audit eksternal                    The Company has prepared external audit procedures and
sesuai dengan ketentuan-ketentuan yang berlaku.                                  standards in accordance with the applicable regulations.


                                    Prosedur dan Standar Audit Eksternal | External Audit Procedures and Standards

1     Audit atas laporan keuangan dilakukan sesuai dengan standar profesional akuntan publik yang mencakup seluruh prosedur audit yang dipandang
      perlu sesuai dengan keadaan.
      The audit of the financial statements is carried out in accordance with the professional standards of the public accountant which includes all audit




                                                                                                                                                                 Profil Perusahaan
                                                                                                                                                                  Company Profile
      procedures deemed necessary in accordance with the circumstances;

2     Audit meliputi pengujian dan evaluasi terhadap sistem pengendalian internal, serta pemeriksaan terhadap bukti-bukti yang mendukung jumlah-
      jumlah dan pengungkapan dalam laporan keuangan. Audit meliputi pula penilaian atas prinsip akuntansi yang digunakan dan estimasi signifikan
      yang dibuat oleh manajemen, juga penilaian atas penyajian laporan keuangan secara keseluruhan sesuai dengan Pernyataan Standar Akuntansi
      Keuangan (PSAK) yang dikeluarkan oleh Ikatan Akuntan Indonesia (IAI).
      The audit includes examination and evaluation of the internal control system, as well as examining the evidence supporting the amounts and
      disclosures in the financial statements. The audit includes an assessment of the accounting principles used and significant estimates made by
      management, as well as an assessment of the overall presentation of the financial statements in accordance with the Statement of Financial




                                                                                                                                                                 Analisis dan Pembahasan Manajemen
      Accounting Standards (PSAK) issued by IAI;




                                                                                                                                                                  Management Discussion and Analysis
3     Sebagai bagian dari proses audit, Kantor Akuntan Publik (KAP) juga berdiskusi dengan manajemen perihal pernyataan manajemen yang disajikan
      dalam laporan keuangan.
      As part of the audit process, the Public Accounting Firm (KAP) also discusses with management regarding management statements presented in the
      financial statements;

4     Audit mengandung risiko inheren. Apabila terdapat kekeliruan dan ketidakberesan yang material, KAP akan menyampaikannya kepada manajemen.
      Audits contain inherent risks. If there are material errors and irregularities, the KAP will convey them to management;

5     Manajemen menyetujui kertas kerja pemeriksaan KAP untuk dikaji ulang oleh unit kerja terkait.
      Management approves KAP’s audit work papers to be reviewed by the relevant work units.


Mekanisme Penunjukan Kantor Akuntan Publik                                       Appointment Mechanism of the Public Accountant
Mekanisme penunjukan akuntan publik Perseroan merujuk pada                       The appointment mechanism of the Company’s public accountant
Pasal 3 dan Pasal 4 Peraturan OJK No. 9/POJK.03/2023 tentang                     refers to Article 3 and Article 4 of OJK Regulation No. 9/
Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Publik                         POJK.03/2017 concerning the Use of Public Accountant and




                                                                                                                                                                 Human Capital
                                                                                                                                                                 Human Capital
Dalam Kegiatan Jasa Keuangan. Rekomendasi dari Komite Audit                      Public Accounting Firm Services in Financial Services Activities.
sangat diperlukan dalam usulan Dewan Komisaris untuk diputuskan                  Recommendations from the Audit Committee are very significant
penunjukannya di dalam Rapat Umum Pemegang Saham (RUPS).                         in the Board of Commissioners’ proposal to be decided on the
                                                                                 appointment at the General Meeting of Shareholders (GMS).


                             Tahapan Mekanisme Penunjukan Kantor Akuntan Publik                                                 Legalitas | Legality
                          Stages of the Appointment Mechanism of Public Accounting Firm                                      POJK No. 9/POJK.04/2023
                                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                                  Corporate Governance




1    Komite Audit melakukan evaluasi terhadap pelaksanaan jasa audit oleh AP dan/atau KAP.                                         Pasal 4 ayat (1-2)
     The Audit Committee conducts evaluation on the implementation of audit services by AP and/or KAP                          Article 4 paragraph (1-2)

2    Komite Audit memberikan rekomendasi kepada Dewan Komisaris mengenai penunjukan akuntan yang
     didasarkan pada independensi, ruang lingkup penugasan, dan imbalan jasa.                                                       Pasal 3 ayat (4)
     The Audit Committee provides recommendations to the Board of Commissioners concerning the appointment of                   Article 3 paragraph (4)
     accountant based on the independency, scope of assignment, and service fees.

3    Penunjukan AP dan/atau KAP wajib diputuskan oleh RUPS dengan mempertimbangkan usulan dewan komisaris.                          Pasal 3 ayat (1)
     The appointment of AP and/or KAP must be decided by GMS by considering the recommendations from the                        Article 3 paragraph (1)
     Board of Commissioners.
                                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                                  Sustainability Report




                                                                                                               2023 Integrated Annual Report               195
Page 198
PT Jakarta International Hotels & Development Tbk




Komunikasi Komite Audit dengan Kantor Akuntan                        Communication of Audit Committee with the Public
Publik                                                               Accounting Firm
Komite Audit melakukan pengawasan selama pelaksanaan                 The Audit Committee supervises the implementation of external
proses audit eksternal yang dilakukan oleh KAP. Secara berkala,      audit process carried out by KAP. Periodically, the Audit Committee
Komite Audit bertemu dengan KAP untuk mendiskusikan: rencana         meets with KAP to discuss: audit plans for all findings, developments
pemeriksaan seluruh temuan, perkembangan selama pemeriksaan          during the audit by the Public Accountant, assisting and ensuring
oleh Akuntan Publik, membantu dan memastikan tidak terdapat          that there are no obstacles (minimizing obstacles) in carrying out
hambatan (meminimalisir kendala-kendala) dalam pelaksanaan           the audit, evaluating the quality of the audit process, ensuring
audit, melakukan evaluasi atas kualitas proses audit, memastikan     that the audit has been carried out properly,. in accordance with
pelaksanaan audit telah sesuai standar ketentuan yang berlaku,       applicable regulatory standards, and completed according to the
dan selesai sesuai dengan target waktu yang telah ditetapkan.        predetermined time target.

Kantor Akuntan Publik dan Akuntan Publik 2023                        Public Accountant Firm and Public Accountant in
                                                                     2023
Keputusan RUPS Tahunan 27 Juni 2023 telah menyetujui                 The Annual GMS resolution on June 27, 2023 has approved the
penunjukan kembali Kantor Akuntan Publik Mirawati Sensi              re-appointment of the Mirawati Sensi Idris Public Accounting Firm
Idris (terdaftar di OJK dengan Surat Tanda Terdaftar No. S-705/      (registered with the OJK with Registration Certificate No. S-705/
PM.223/2017) untuk melakukan audit atas Laporan Keuangan             PM.223/2017) to audit the Company’s Consolidated Financial
Konsolidasian Perseroan tahun buku 2023. Penunjukan tersebut         Statements for the 2023 fiscal year. The appointment has
telah mempertimbangkan rekomendasi dari Komite Audit yang            considered recommendations from the Audit Committee which has
telah melakukan evaluasi terhadap kinerja KAP tersebut pada          evaluated the KAP’s performance in the previous period, including
periode sebelumnya, termasuk dalam hal penetapan biaya audit         in terms of determining audit fees on a reasonable basis.
atas dasar kewajaran.

Tim audit dari KAP Mirawati Sensi Idris bertugas secara independen   The audit team from KAP Mirawati Sensi Idris works independently
sesuai dengan Standar Pemeriksaan Akuntan Publik (SPAP)              in accordance with Public Accountant Examination Standards
dan peraturan Pasar Modal dalam mengaudit Perseroan. Tidak           (SPAP) and Capital Market regulations in auditing the Company.
terdapat hubungan personal, pemberian jasa profesional lain atau     There are no personal relationships, provision of other professional
hubungan bisnis dengan Perseroan, yang dapat memengaruhi             services or business relationships with the Company, which
independensi KAP Mirawati Sensi Idris sebagai auditor Perseroan.     could affect the independence of KAP Mirawati Sensi Idris as the
                                                                     Company’s auditor.

Perseroan telah menyampaikan laporan penunjukan Kantor               The Company has submitted a report on the appointment of the
Akuntan Publik tersebut kepada OJK melalui Surat No. 0127/HIR-       Public Accounting Firm to the OJK via Letter No. 0127/HIR-DIR/
DIR/JIHD/X/2023 tanggal 27 Oktober 2023. Dalam penunjukan            JIHD/X/2023 dated October 27, 2023. In the appointment of KAP
KAP Mirawati Sensi Idris disebutkan hanya akan memberikan jasa       Mirawati Sensi Idris, it was stated that the KAP would only provide
audit atas Laporan Keuangan untuk tahun buku yang berakhir pada      audit services for Financial Reports for the financial year ending
31 Desember 2023 dengan biaya sebesar Rp299,7 juta. Dan Leo          December 31, 2023 at a cost of Rp299.7 million. And Leo Susanto,
Susanto, CPA kembali menjadi signing partner untuk audit Laporan     CPA is again the signing partner for the audit of the Company’s
Keuangan Konsolidasian Perseroan untuk tahun buku 2023.              Consolidated Financial Statements for the 2023 fiscal year.

Berdasarkan hasil audit yang dilakukan terhadap Laporan              Based on the audit results of the Consolidated Financial
Keuangan Konsolidasian Perseroan dan Entitas Anak, KAP Mirawati      Statements of the Company and Subsidiaries, KAP Mirawati Sensi
Sensi Idris memberikan opini wajar dalam semua hal yang material     Idris provides a fair opinion in all material matters regarding the
untuk posisi keuangan konsolidasian tanggal 31 Desember 2023,        consolidated financial position as of December 31, 2023, as well as
serta kinerja keuangan dan arus kas konsolidasian untuk tahun        the consolidated financial performance and cash flow for the year
yang berakhir pada tanggal yang sama.                                ended on the same date.




196     Laporan Tahunan Terintegrasi 2023
Page 199
                                                                                                      Integrating Excellence for Sustainability




Sistem Pengendalian Internal




                                                                                                                                                            Prologue
                                                                                                                                                             Prolog
Internal Control System




                                                                                                                                                            Performamnce Highlights
Sistem Pengendalian Internal (SPI) merupakan bagian integral                  The Internal Control System (SPI) is an integral part in the




                                                                                                                                                                 Ikhtisar Kinerja
untuk penerapan Tata Kelola Perusahaan yang baik di Perseroan.                implementation of Good Corporate Governance in the Company.
Implementasi SPI secara efektif membantu Perseroan dalam                      Effective implementation of SPI helps the Company in financial
pengendalian keuangan dan operasional, menjamin tersedianya                   and operational control, guarantees the availability of accurate
informasi dan laporan yang akurat, meningkatkan kepatuhan                     information and reports, increases compliance with applicable
terhadap ketentuan dan peraturan perundang-undangan                           laws and regulations, and reduces: the risk of losses, deviations
yang berlaku, serta mengurangi: risiko terjadinya kerugian,                   and violations of the precautionary principle.
penyimpangan dan pelanggaran terhadap prinsip kehati-hatian.




                                                                                                                                                            Laporan Manajemen
                                                                                                                                                            Management Report
Penerapan SPI yang dilakukan di lingkungan Perseroan meliputi                 The implementation of SPI within the Company includes check and
check and re-check, dual control, dan pendelegasian wewenang                  re-check, dual control, and delegation of authority in accordance
sesuai dengan batasan wewenang yang telah ditetapkan.                         with established authority limits.

Pengelola Sistem Pengendalian Internal                                        Internal Control System Manager
Direksi sebagai pengurus dan pengelola Perseroan bertanggung                  The Board of Directors as the administrator and manager of the
jawab dalam implementasi SPI, dengan didukung Unit Audit                      Company are responsible to implement SPI with the support from
Internal dan berkoordinasi dengan Komite Audit.                               the Internal Audit Unit and coordination with the Audit Committee.




                                                                                                                                                            Profil Perusahaan
                                                                                                                                                             Company Profile
                                                                                  Tanggung Jawab
              Organ
                                                                                   Responsibilities

Direksi
Board of Directors

  1    Departemen Kepatuhan    Memastikan pemenuhan terhadap peraturan perundang-undangan dan standar operasi prosedur (SOP) tentang
       Compliance Department   pengadaan barang dan jasa, kesehatan, keselamatan kesehatan kerja dan lingkungan (K3L), dan perawatan dan




                                                                                                                                                            Analisis dan Pembahasan Manajemen
                               pemeliharaan properti/gedung.




                                                                                                                                                             Management Discussion and Analysis
                               Ensure compliance with laws and regulations and standard operating procedures (SOP) on procurement of goods and
                               services, Occupational Health, Safety and Evnvironment (OHSE), and property/building care and maintenance.

  2    Departemen Hukum        Memastikan bahwa kebijakan, keputusan, dan seluruh aktivitas bisnis dilakukan sesuai dengan ketentuan hukum dan
       Legal Department        peraturan perundang-undangan yang berlaku.
                               Ensure that policies, decisions, and all business activities are carried out in accordance with applicable laws and
                               regulations.

  3    Sekretaris Perusahaan   Memastikan kepatuhan penerapan Tata Kelola Perusahaan yang baik berhubungan sebagai perusahaan terbuka.
       Corporate Secretary     Ensure compliance with the implementation of Good Corporate Governance as a public company.

Unit Audit Internal            Melakukan pengendalian internal pada kegiatan operasional Perseroan sesuai Piagam Unit Audit Internal Perseroan.
Internal Audit Unit            Perform internal control on the Company’s operational activities in accordance with the Internal Audit Unit Charter.

Komite Audit                   Melakukan pengawasan secara makro dan mengkaji upaya-upaya pengendalian internal.
Audit Committee                Conduct general supervision and review internal control efforts.




                                                                                                                                                            Human Capital
                                                                                                                                                            Human Capital
Setiap personel di Perseroan dituntut untuk membangun                         Every personnel in the Company is required to build a control
lingkungan   pengendalian    guna    mendukung      efektivitas               environment in order to support the effectiveness of internal
penerapan pengendalian internal, melakukan penilaian risiko                   control implementation, conduct risk assessments in carrying
dalam menjalankan tugas dan fungsinya, dan mengidentifikasi,                  out their duties and functions, and identify, record, and
mencatat, dan mengomunikasikan informasi yang berkaitan                       communicate information related to the implementation of their
dengan pelaksanaan tugas dan fungsinya dalam waktu dan bentuk                 duties and functions in a timely and appropriate form to facilitate
yang tepat untuk memudahkan pelaksanaan, pengendalian dan                     implementation, control and accountability.
pertanggungjawabannya.
                                                                                                                                                            Tata Kelola Perusahaan
                                                                                                                                                             Corporate Governance




Komponen Sistem Pengendalian Internal                                         Internal Control System Components
Pembentukan dan pengembangan SPI Perseroan dilakukan                          The establishment and development of the Company’s SPI
dengan mengacu pada kerangka pengendalian dari Committee                      refers to the control framework of the Committee of Sponsoring
of Sponsoring Organizations of Treadway Commission (COSO).                    Organizations of the Treadway Commission (COSO). Consisting of
Terdiri dari 5 (lima) komponen, yaitu: Lingkungan Pengendalian                5 (five) components, including: Internal Control Environment, Risk
Internal, Penilaian Risiko, Kegiatan Pengendalian, Sistem Informasi           Assessment, Control Activities, Information and Communication
dan Komunikasi, serta Proses Pemantauan. Perseroan telah                      Systems, and Monitoring Process. The Company has implemented
memberlakukan sejumlah kebijakan dan mekanisme berkaitan                      a number of policies and mechanisms related to the five
kelima komponen pengendalian internal tersebut.                               components of internal control.
                                                                                                                                                            Laporan Keberlanjutan
                                                                                                                                                             Sustainability Report




                                                                                                            2023 Integrated Annual Report             197
Page 200
PT Jakarta International Hotels & Development Tbk




    Lima Komponen Pengendalian Internal | Five Components of Internal Control

1       Lingkungan Pengendalian Internal
        Internal Control Scope

       a     Pemberlakuan standar etika (Kode Etik Perseroan) yang direviu dan direvisi secara berkala;
             Implementation of the Company’s code of conducts which are reviewed and revised periodically;

       b     Pembagian tugas dan kewenangan manajemen, sebagaimana tercantum dalam Piagam Dewan Komisaris, Piagam Direksi, Piagam Komite
             Penunjang Dewan Komisaris dan Direksi;
             Segregation of duties and authorities, as stated in the Board of Commissioners Charter, Board of Directors Charter, Committee of
             Board of Commissioners and Directors Charter.

       c     Penyusunan struktur organisasi, mendeskripsikan pekerjaan dan matriks RACI (Responsibility, Accountable, Consulted dan Informed)
             berdasarkan proses bisnis dan unit kerja yang ada;
             Preparation of organizational structure, describing the work and RACI (Responsibility, Accountable, Consulted and Informed) matrix which is
             designed based on existing business processes and units;

       d     Menetapkan kebijakan-kebijakan terkait Sumber Daya Manusia berawal dari rekrutmen hingga pengembangan secara berkelanjutan.
             Issuance of policies related to Human Resources starting from recruitment to continuous development.

2       Penilaian Risiko
        Risk Assessment

       a     Pengimplementasian tujuan Perseroan dalam Rencana Jangka Panjang Perusahaan (RJPP), Rencana Kerja dan Anggaran Perusahaan (RKAP),
             dan target lainnya;
             Implementation of the Company’s objectives within the Company’s Long Term Plan (RJPP), Company Work Plan and Budget (RKAP), and other
             targets;

       b     Memberlakukan dan menerapkan kebijakan Sistem Manajemen Risiko untuk melakukan identifikasi, analisa dan merumuskan mitigasi yang
             paling efektif dan efisien.
             Enforcement and implementation of Risk Management Policy to identify, analyze, and formulate most effective and efficient risk mitigation;

3       Kegiatan Pengendalian
        Control Activities

       a     Merancang dan memberlakukan kebijakan Tata Kelola Perusahaan, Standar Operasi Prosedur (SOP), Instruksi Kerja, dan formulir dalam aktivitas
             Perseroan;
             Designing and enforcing Corporate Governance Policies, Standard Operating Procedures (SOP), Work Instructions, and forms in the Company’s
             activities;

       b     Menerapkan kontrol yang bersifat preventif, terdeteksi, baik secara manual dan otomasi melalui aplikasi.
             Implementation of preventive and detectable controls, both manual and automation through an application.

4       Sistem Informasi dan Komunikasi
        Information and Communication System

       a     Menetapkan mekanisme/alur pelaporan;
             Establishing reporting mechanism/flow;

       b     Menetapkan mekanisme komunikasi internal dan eksternal.
             Establishing internal and external communication mechanisms.

5       Proses Pemantauan
        Monitoring Process

       a     Evaluasi secara terus menerus dan terpisah, yang dilakukan Unit Audit Internal atau fungsi-fungsi lain yang sejenis;
             Continuous and separate evaluation conducted by the Internal Audit Unit or other similar functions;

       b     Adanya evaluasi yang dilakukan Auditor Eksternal.
             The existence of evaluation conducted by the External Auditor.


Penerapan Sistem Pengendalian Internal 2023                                         Implementation of Internal Control System in 2023
Perseroan menerapkan sistem pengendalian internal dalam                             The Company implements internal control system in its operational,
operasional, keuangan dan pengadaan barang dan jasa.                                financial and procurement of goods and services.




198        Laporan Tahunan Terintegrasi 2023
Page 201
                                                                                                    Integrating Excellence for Sustainability




                              Pelaksanaan Sistem Pengendalian Internal | Implementation of Internal Control System




                                                                                                                                                        Prologue
                                                                                                                                                         Prolog
                                     1   Semua proses bisnis memiliki standar operasi prosedur (dengan pengendalian internal), dijalankan dan ditaati
                                         oleh setiap departemen dalam Perseroan. Semua kegiatan operasional yang dilakukan perusahaan juga telah
                                         mengacu pada ketentuan peraturan perundang-undangan yang berlaku; dan
                                         All business processes have standard operating procedures (with internal controls), implemented and
                                         adhered to by each department within the Company. All mining operations carried out by the Company have




                                                                                                                                                        Performamnce Highlights
                                         also referred to the prevailing laws and regulations; and




                                                                                                                                                             Ikhtisar Kinerja
                                     2   Setiap ketentuan peraturan perundang-undangan yang berlaku berkaitan dengan bidang usaha Perseroan
            Operasional                  diinformasikan kepada departemen terkait untuk dilaksanakan dan dipatuhi. Kepatuhan atas pelaksanaannya
            Operational                  menjadi objek pemeriksaan yang dilakukan oleh Unit Audit Internal.
                                         Each prevailing law and regulation relating to the Company’s line of business are informed to the relevant
                                         departments to be implemented and complied with. Compliance with its implementation becomes the object
                                         of examination conducted by the Internal Audit Unit.

                                     1   Setiap pengeluaran dan penerimaan dana:
                                         • Hanya dilakukan oleh petugas yang berwenang;




                                                                                                                                                        Laporan Manajemen
                                         • Harus mendapatkan persetujuan (ditandatangani) oleh pejabat yang berwenang;




                                                                                                                                                        Management Report
                                         • Didukung dengan dokumen pendukung yang lengkap, dan telah diverifikasi dahulu kebenarannya oleh
                                             petugas yang berwenang;
                                         Every expenditure and receipt of funds:
                                         • is only carried out by authorized officers;
                                         • must be approved (signed) by an authorized official;
            Keuangan                     • must be supported by complete supporting documents and have been verified in advance by the
            Financial                        authorized officer;

                                     2   Setiap transaksi keuangan dilakukan melalui prosedur yang terkontrol.
                                         Every financial transaction is carried out through controlled procedures.




                                                                                                                                                        Profil Perusahaan
                                                                                                                                                         Company Profile
                                    Setiap pengadaan barang dan jasa (merujuk SOP pengadaan barang dan jasa):
                                    • Harus melalui suatu proses tender yang terbuka dan diikuti oleh semua pihak yang berminat; dan/atau
                                    • Mengundang beberapa vendor khusus untuk mengikuti, dalam hal/keadaan tertentu.
                                    Every procurement of goods and services (referring to the SOP for the procurement of goods and services):
                                    • must go through an open tender process and be followed by all interested parties; and/or
    Pengadaan Barang dan Jasa
                                    • must invite some special vendors to participate in certain circumstances.
Procurement of Goods and Services




                                                                                                                                                        Analisis dan Pembahasan Manajemen
Laporan hasil pengendalian internal oleh Unit Audit Internal                 The internal control report by the Internal Audit Unit is evaluated




                                                                                                                                                         Management Discussion and Analysis
dilakukan evaluasi terhadap kecukupan sistem pengendalian                    on the adequacy of the internal control system, and then submitted
internal, untuk selanjutnya disampaikan kepada Direksi untuk                 to the Board of Directors for discussion at the Board of Directors
dibahas dalam rapat Direksi. Apabila diperlukan, pembahasan dan              meeting. If necessary, discussion and review of the report can
penelaahan laporan tersebut dapat melibatkan unit-unit terkait.              involve related units.

Selain itu, Unit Audit Internal juga wajib menyampaikan laporan              In addition, the Internal Audit Unit is also required to submit reports
hasil pengendalian internal kepada Komite Audit. Dengan demikian,            on internal control results to the Audit Committee. In this way,
Komite Audit dapat memberikan masukan dan rekomendasi                        the Audit Committee can provide input and recommendations to
kepada Dewan Komisaris untuk dibahas bersama Direksi guna                    the Board of Commissioners to be discussed with the Board of
memastikan setiap langkah Perseroan telah sesuai dengan                      Directors to ensure that every step of the Company is in accordance
ketentuan peraturan yang berlaku, dan strategi perusahaan.                   with applicable regulations and company strategy.

Evaluasi Efektivitas Sistem Pengendalian Internal                            Evaluation of Internal Control System Effectiveness
2023                                                                         in 2023




                                                                                                                                                        Human Capital
                                                                                                                                                        Human Capital
Berdasarkan evaluasi penerapan SPI yang mencakup                             Based on the evaluation of the implementation of SPI which
kepatuhan dan efektivitas pelaksanaannya, Unit Audit Internal                includes compliance and effectiveness of implementation,
merekomendasikan langkah-langkah perbaikan apabila masih                     the Internal Audit Unit recommends corrective steps for any
terdapat kekurangan dalam SOP dan penerapannya. Seluruh hasil                deficiencies in the SOP and its implementation. All evaluation
evaluasi beserta rekomendasi disampaikan kepada Direksi dan                  results and recommendations are submitted to the Board of
Dewan Komisaris untuk ditindaklanjuti. Perseroan akan mengkaji,              Directors and Board of Commissioners to be followed-up. The
menyempurnakan dan memperbarui kebijakan dan prosedur,                       Company will review, refine and update policies and procedures,
serta merencanakan target usaha secara jelas dan terukur setiap              as well as plan clear and measurable business targets every year
                                                                                                                                                        Tata Kelola Perusahaan
                                                                                                                                                         Corporate Governance




tahunnya sebagai landasan operasionalnya.                                    as a basis for its operations.

Pernyataan Atas Kecukupan Sistem Pengendalian                                Statement on the Adequacy of Internal Control
Internal 2023                                                                System in 2023
Berdasarkan evaluasi yang dilakukan untuk tahun buku 2023,                   Based on the evaluation carried out in 2023 fiscal year, the Board
Dewan Komisaris dan Direksi berpendapat bahwa tingkat                        of Commissioners and Board of Directors considers that the
kecukupan dan efektivitas pengendalian internal sudah memadai.               adequacy and effectiveness of internal control is adequate. The
Unit-unit kerja di bawah Direksi telah menerapkan SPI dengan                 work units under the Board of Directors have implemented SPI
cukup efektif dan efisien.                                                   quite effectively and efficiently.
                                                                                                                                                        Laporan Keberlanjutan
                                                                                                                                                         Sustainability Report




                                                                                                            2023 Integrated Annual Report        199
Page 202
PT Jakarta International Hotels & Development Tbk




Sistem Manajemen Risiko
Risk Management System

Penerapan manajemen risiko menjadi kebutuhan mutlak, berperan                   The implementation of risk management is an absolute necessity,
penting dalam mengantisipasi kemungkinan mengalami tekanan                      as it has an important role in anticipating the possibility of
keuangan dan perlindungan terhadap kerugian yang serius.                        financial stress and protecting against serious losses. Successfull
Keberhasilan menerapkan manajemen risiko menjadi salah satu                     implementation of risk management is one of the key success to
kunci kesuksesan dan pencapaian visi dan misi perusahaan.                       achieve the company’s vision and mission.

Untuk itu, Perseroan berupaya memahami dan mengelola risiko                     For this reason, the Company seeks to understand and manage
yang ada dengan pendekatan yang sistematis, terstruktur, dan                    existing risks with a systematic, structured and integrated
terintegrasi untuk untuk mengantisipasi suatu ketidakpastian atau               approach to anticipate uncertainty or losses that may occur in the
kerugian yang mungkin terjadi dalam pengelolaan Perseroan.                      management of the Company. Each work unit in the Company must
Setiap unit kerja di Perseroan harus melakukan identifikasi,                    identify, measure, monitor and report risks that have the potential
pengukuran, pemantauan dan pelaporan atas risiko-risiko yang                    to cause the Company’s objectives to not be achieved.
berpotensi menyebabkan tidak tercapainya tujuan Perseroan.

Kebijakan Manajemen Risiko                                                      Risk Management Policy
Kebijakan manajemen risiko digunakan untuk memastikan dalam                     Risk management policies are used to ensure that the decision-
proses pengambilan keputusan selalu mempertimbangkan                            making process always considers uncertainty and its impact, as
ketidakpastian dan pengaruhnya, serta potensi risikonya. Bertujuan              well as potential risks. The policies aim to develop and improve
untuk mengembangkan dan meningkatkan budaya sadar risiko di                     a risk awareness culture at all levels of management. With a risk
semua level manajemen. Dengan budaya sadar risiko diharapkan                    awareness culture, it is expected that we can reduce the frequency
dapat menurunkan frekuensi kejadian tidak menguntungkan                         of unfavorable events that can occur, in order to minimize potential
yang dapat terjadi, guna meminimalkan potensi kerugian sebagai                  losses as a result of these events.
dampak yang ditimbulkan oleh kejadian-kejadian tersebut.

Kebijakan Manajemen Risiko telah masuk menjadi bagian dalam                     The Risk Management Policy has been included as part of the
Pedoman Tata Kelola Perseroan. Dengan adanya Kebijakan                          Company's Governance Guidelines. The existence of a Risk
Manajemen Risiko menunjukkan komitmen, kesungguhan dan                          Management Policy shows the commitment, seriousness and
kepedulian Direksi terhadap pentingnya manajemen risiko dalam                   concern of the Board of Directors regarding the importance of risk
keberlangsungan dan keberlanjutan Perseroan.                                    management in the continuity and sustainability of the Company.


                                                              Kebijakan Manajemen Risiko
                                                                Risk Management Policy

  1    Perseroan telah menerapkan prinsip-prinsip Governansi Korporat Indonesia, yaitu Perilaku Beretika, Akuntabilitas, Transparansi dan Keberlanjutan;
       The Company has implemented the principles of Good Corporate Governance, consisting of Transparency, Accountability, Responsibility,
       Independence and Fairness;

  2    Perseroan harus memahami risiko sebagai peristiwa yang mungkin dapat terjadi dalam proses bisnis yang berdampak pada pencapaian sasarannya;
       The Company must understand risk as an event that may occur in business processes that may impact the achievement of targets;

  3    Risiko harus dikelola secara maksimal dengan memanfaatkan sumber daya sehingga tetap berada dalam batas Toleransi Risiko;
       Risk must be managed optimally by utilizing resources to keep within the Risk Tolerance limit;

  4    Peran dalam pengelolaan risiko sesuai dengan tanggung jawabnya masing-masing;
       Risk management roles in accordance with their respective responsibilities;

  5    Penyempurnaan sistem pengelolaan risiko secara terus-menerus sesuai kondisi terkini.
       Continuous improvement of the risk management system according to the latest conditions.



Struktur Pengelolaan Risiko | Risk Management Structure
  Organ Tata Kelola Manajemen Risiko                                                Tugas dan Tanggung Jawab
  Risk Management Governance Organ                                                   Duties and Responsibilities

                                          •   Memonitor risiko-risiko dan memberi saran perumusan kebijakan di bidang manajemen risiko;
                                          •   Mengawasi penerapan manajemen risiko dan memberikan arahan kepada Direksi;
                                          •   Memastikan bahwa penyusunan RJPP dan RKAP telah memperhatikan aspek manajemen risiko;
 Pengawas         Dewan Komisaris         •   Melakukan kajian berkala atas efektivitas manajemen risiko dan melaporkannya kepada Pemegang Saham.
 Supervisor    Board of Commissioners     •   Monitor risks and provide advice on policy formulation in the field of risk management;
                                          •   Supervise the implementation of risk management and provide direction to the Board of Directors;
                                          •   Ensure that the preparation of the RJPP and RKAP has taken into account the risk management aspects;
                                          •   Conduct periodic reviews of the effectiveness of risk management and report it to the Shareholders.

                                          •   Menjalankan proses manajemen risiko di fungsi-fungsi terkait;
                                          •   Melaporkan kepada Dewan Komisaris tentang risiko-risiko yang dihadapi dan ditangani;
 Pelaksana             Direksi            •   Menyempurnakan sistem manajemen risiko.
  Executor        Board of Directors      •   Carry out risk management processes in related functions;
                                          •   Reporting to the Board of Commissioners on the risks faced and handled;
                                          •   Improving the risk management system.




200     Laporan Tahunan Terintegrasi 2023
Page 203
                                                                                                                Integrating Excellence for Sustainability




    Organ Tata Kelola Manajemen Risiko                                                    Tugas dan Tanggung Jawab




                                                                                                                                                                      Prologue
    Risk Management Governance Organ                                                       Duties and Responsibilities




                                                                                                                                                                       Prolog
                                                 •   Memastikan bahwa kebijakan dan sistem manajemen risiko telah diterapkan dan dievaluasi secara berkala;
                                                 •   Mengevaluasi dan memberikan masukan atas kecukupan dan efektivitas pengendalian internal dalam
                                                     rangka mitigasi risiko;
                                                 •   Mengevaluasi dan memberi masukan mengenai kesesuaian strategi dengan kebijakan manajemen risiko.




                                                                                                                                                                      Performamnce Highlights
                      Unit Audit Internal
                                                 •   Ensure that risk management policies and systems have been implemented and evaluated on a regular
                      Internal Audit Unit




                                                                                                                                                                           Ikhtisar Kinerja
                                                     basis;
                                                 •   Evaluate and provide input on the adequacy and effectiveness of internal control in the context of risk
                                                     mitigation;
                                                 •   Evaluate and provide input regarding the suitability of the strategy with risk management policies.

 Operasional                                     •   Melakukan perumusan sistem manajemen risiko;
 Operational                                     •   Merumuskan kebijakan pokok yang berhubungan dengan manajemen risiko;
                                                 •   Mengidentifikasi dan menangani risiko-risiko serta membuat pemetaan risiko;
                                                 •   Mengimplementasikan dan mengupayakan penerapan manajemen risiko yang efektif dalam batas-batas
                                                     tanggung jawab dan kewenangannya;




                                                                                                                                                                      Laporan Manajemen
                                                                                                                                                                      Management Report
                          Satuan Kerja           •   Memantau dan mengevaluasi perkembangan risiko untuk kemudian dilaporkan kepada Direksi.
                           Work Unit             •   Formulate a risk management system;
                                                 •   Formulate key policies related to risk management;
                                                 •   Identify and manage risks and create risk mapping;
                                                 •   Implement and seek to implement effective risk management within the limits of their responsibilities and
                                                     authorities;
                                                 •   Monitor and evaluate risk developments to be reported to the Board of Directors.


Kerangka kerja dan tata kelola manajemen risiko di Perseroan,                         The risk management framework and governance in the Company




                                                                                                                                                                      Profil Perusahaan
terdiri dari Dewan Komisaris yang menjalankan fungsi pengawasan                       consists of the Board of Commissioners which carries out the




                                                                                                                                                                       Company Profile
melalui Komite Audit, Direksi yang menjalankan fungsi kebijakan                       supervisory function through the Audit Committee, and the Board
risiko. Di tingkat operasional, Satuan Kerja Manajemen Risiko                         of Directors which carries out the risk policy function. At the
bersama Unit Audit Internal bertugas membantu manajemen                               operational level, the Risk Management Work Unit together with
Perseroan dalam mengelola risiko (identifikasi risiko, pengukuran,                    the Internal Audit Unit is tasked with assisting the Company's
mitigasi serta pengendalian) secara terstruktur dan konsisten agar                    management to manage risks (risk identification, measurement,
tujuan strategis Perseroan dapat tercapai.                                            mitigation and control) in a structured and consistent manner in
                                                                                      order to achieve the Company's strategic objectives.




                                                                                                                                                                      Analisis dan Pembahasan Manajemen
                                                                                                                                                                       Management Discussion and Analysis
Perseroan belum memiliki Satuan Kerja Manajemen Risiko yang                           The Company has yet to establish Risk Management Work Unit
secara spesifik bertanggung jawab dalam mengelola risiko.                             that is specifically responsible for managing risk. The Company
Perseroan secara ad hoc menugaskan beberapa personel untuk                            assigned several personnel on ad hoc to carry out the function
menjalankan fungsi sebagai Satuan Kerja Manajemen Risiko.                             of Risk Management Work Unit. The Company's commitment
Komitmen Perseroan terhadap pengelolaan risiko yang akuntabel,                        to accountable, effective and efficient risk management will
efektif dan efisien akan mendorong Perseroan untuk menyusun                           encourage the Company to establish a Risk Management Work Unit
Satuan Kerja Manajemen Risiko yang didukung dengan Sumber                             which is supported by competent and integrity Human Resources
Daya Manusia (SDM) yang kompeten dan berintegritas, guna                              (HR), in order to ensure accountability for risk management output.
menjamin akuntabilitas output manajemen risiko.

Proses Identifikasi Hingga Pelaporan                                                  Identification to Reporting Process
Proses manajemen risiko di lingkungan Perseroan dilaksanakan                          The risk management process within the Company is implemented
dalam suatu kerangka kerja yang komprehensif mencakup semua                           in a comprehensive framework covering all identified risks as risks
risiko yang teridentifikasi sebagai risiko yang dihadapi Perseroan                    faced by the Company and its Subsidiaries.




                                                                                                                                                                      Human Capital
                                                                                                                                                                      Human Capital
dan Entitas Anak.

          Identifikasi                   Pengukuran & Analisis            Pemilihan Metode                  Valuasi Implementasi               Pelaporan
         Identification                  Measurement & Analysis           Selection Method               Valuation of Implementation           Reporting


•    Identifikasi secara          •      Inventaris data             •   Sebagai peringatan dini     •     Penilaian tingkat           •   Pelaporan hasil evaluasi
     sistematis dan periodik             kerugian;                       suatu kondisi;                    penerapan manajemen             selama setahun;
     berdasarkan proses           •      Analisa kondisi dan         •   Terukur dan dapat                 risiko;                     •   Dilanjutkan dengan
                                                                                                                                                                      Tata Kelola Perusahaan
                                                                                                                                                                       Corporate Governance



     bisnis;                             upaya yang telah                ditelusuri dengan           •     Diperbarui senantiasa           sosialisasi budaya sadar
•    Analisa kajian untuk                dilakukan;                      mudah;                            sesuai karakteristik            risiko kepada seluruh
     kondisi/kasus tertentu.      •      Manajemen                   •   Mengarah pada                     indikator.                      jajaran manajemen.
•    Systematic and periodic             pengetahuan antar               penyebab risiko yang        •     Assessment of the level     •   Reporting the
     identification based on             fungsi dan level.               dapat dikontrol.                  of implementation of            evaluation results of
     business processes;          •      Inventory of loss data;     •   As an early warning               Risk Management;                the year;
•    Analysis of risk             •      Analysis of conditions          of a condition in the       •     Constantly updated          •   Followed by
     assessments for certain             and efforts that have           company;                          according to the                socialization of risk
     conditions/cases.                   been made;                  •   Measurable and can be             characteristics of the          awareness culture to all
                                  •      Knowledge                       traced easily;                    indicator.                      levels of management.
                                         management between          •   Leads to controllable
                                         functions and levels.           risk causes.
                                                                                                                                                                      Laporan Keberlanjutan
                                                                                                                                                                       Sustainability Report




                                                                                                                        2023 Integrated Annual Report         201
Page 204
PT Jakarta International Hotels & Development Tbk




Profil Risiko dan Mitigasi                                                      Risk Profile and Mitigation
Perseroan telah mengidentifikasi, mengukur, memantau, dan                       The Company has identified, measured, monitored and mitigated
mengendalikan setiap risiko beserta indikasinya terkait aspek                   every risk along with its indications related to relevant sustainability
keberlanjutan yang relevan mencakup ekonomi, sosial, dan                        aspects including economic, social and environmental. Apart from
lingkungan. Selain itu, Perseroan juga mencantumkan upaya                       that, the Company also lists mitigation efforts that can be carried
mitigasi yang dapat dilakukan, baik sebelum maupun setelah                      out, both before and after the occurrence of risk indications.
timbulnya indikasi risiko yang terjadi.


                                   Jenis Risiko                                                                   Mitigasi
                                  Types of Risks                                                                  Mitigation

  1   Risiko Operasional
      Operational Risk

      a       Proses Bisnis:                                                           Melakukan pemantauan dan memperkuat akuntabilitas pengambilan
              Ketidakmampuan memenuhi target, dan penurunan kegiatan                   keputusan bisnis di lingkungan Entitas Anak/Unit Usaha.
              usaha dan penghasilan Entitas Anak/Unit Usaha berpotensi akan            Monitoring and strengthening accountability for business decision
              menurunkan tingkat penghasilan Perseroan.                                making within the Subsidiaries/Business Units.
              Business process:
              The inability to meet targets, and the decline in business activities
              and income of Subsidiaries/Business Units will potentially reduce the
              Company’s income level.

      b       Sumber Daya Manusia:                                                     •   Melakukan benchmarking untuk pengelolaan dan pengembangan
              • Ketidaktepatan dalam pengelolaan dan pengembangan SDM                      SDM yang komprehensif;
                 berpotensi membebani dalam mencapai tujuan Perseroan;                 •   Menempatkan SDM sebagai human capital dengan penilaian
              • Ketidaksiapan kapabilitasw SDM bisa berpengaruh pada                       kinerja yang objektif, remunerasi yang kompetitif, disertai
                 ketidakoptimalan produktivitas dan ketidakprimaan hasilnya.               kenyamanan dan keamanan bekerja;
              Human Resources:                                                         •   Menyusun program pengembangan dan pelatihan untuk
              • Inaccuracies in HR management and development have the                     peningkatan kapabilitas SDM.
                 potential to be a burden in achieving the Company’s goals;            •   Perform benchmarking for comprehensive HR management and
              • The unpreparedness of HR capabilities may affect the sub-                  development;
                 optimal productivity and not excellent results.                       •   Placing HR as human capital with an objective performance
                                                                                           appraisal, competitive remuneration, along with work comfort
                                                                                           and security;
                                                                                       •   Set up development and training programs to improve HR
                                                                                           capabilities.

      c       Teknologi Informasi:                                                  Membuat kebijakan penetapan sistem dan teknologi yang berlaku.
              Kompleksitas sistem yang belum terintegrasi disertai ketidakseragaman Establish policies to determine the applicable system and technology.
              berpotensi distorsi terhadap sinkronisasi bisnis perusahaan
              Information Technology:
              The complexity of the system that has not been integrated with the
              potential for disorganization may distort the company’s business
              synchronization.

  2   Risiko Usaha
      Business Risk

          a   Perhotelan:                                                              Beroperasi dengan tetap memberikan pelayanan prima diikuti dengan
              Semakin banyaknya hotel berbintang di Jakarta akan mengakibatkan         perbaikan sarana dan fasilitas yang lebih baik.
              persaingan ketat terutama dalam hal keterisian kamar.                    Operate by continuously providing excellent service followed by
              Hospitality:                                                             improvements in means and facilities.
              The increasing number of star hotels in Jakarta will result in intense
              competition especially in terms of room occupancy.

          b   Real Estat dan Properti:                                                 Tetap merencanakan pengembangan baik di kawasan SCBD dan di
              Aktivitas pengembangan dan pengelolaan segmen usaha real estate          luar sebagai upaya untuk meningkatkan kinerja yang lebih baik.
              dan properti akan terganggu apabila ada faktor-faktor eksternal          Keep planning development both in SCBD area and outside as an
              seperti kebijakan pembatasan sosial ketika pandemi Covid-19.             effort to improve better performance.
              Real Estate and Property:
              The development and management activities of the real estate
              and property business segment will be disrupted if there are social
              restriction policies such as during the Covid-19 pandemic.

          c   Jasa Telekomunikasi:                                                     Melakukan diversifikasi masuk sebagai pengelola pusat data, dan
              Kinerja industri jasa telekomunikasi akan berpengaruh pada kepuasan      mendorong untuk pengembangan di luar kawasan SCBD.
              penggunaan jasanya.                                                      Diversify into data center management, and encourage development
              Telecommunication Services:                                              outside the SCBD area.
              The performance of the telecommunication services industry will
              improve in relation to the increase in the use of its services.




202    Laporan Tahunan Terintegrasi 2023
Page 205
                                                                                                    Integrating Excellence for Sustainability




                                 Jenis Risiko                                                                    Mitigasi




                                                                                                                                                             Prologue
                                Types of Risks                                                                   Mitigation




                                                                                                                                                              Prolog
3   Risiko Terhadap Eksternal
    External Risk




                                                                                                                                                             Performamnce Highlights
      a    Hukum dan Kepatuhan:                                                    Komitmen untuk beroperasi sesuai dengan ketentuan dan berupaya
           • Sengketa atau perkara berpotensi menimbulkan konsekuensi              memenuhi segala kewajiban tepat pada waktunya.




                                                                                                                                                                  Ikhtisar Kinerja
              hukum;                                                               Commitment to operate in accordance with regulations and strive to
           • Implikasi dari terbit atau berubahnya peraturan perundang-            fulfill all obligations on time.
              undangan dan kebijakan Pemerintah berpotensi berpengaruh
              pada operasional dan kinerja;
           • Tidak terpenuhinya kewajiban kepada regulator berpotensi pada
              keabsahan legalitas.
           Legal and Compliance:
           • Disputes or cases have the potential to cause legal
              consequences;




                                                                                                                                                             Laporan Manajemen
                                                                                                                                                             Management Report
           • The implications of issuing or changing regulations and policies
              have the potential to affect operations and performance;
           • Failure to fulfill obligations to regulators has the potential for
              legal validity.

      b    Reputasi:                                                               •   Melakukan penanganan dan komunikasi dengan informasi yang
           • Potensi timbulnya persepsi negatif dikarenakan ketidakmaksimalan          akurat, benar dan real time.
              penanganan terhadap kejadian yang tidak diharapkan;                  •   Berhubungan baik dan benar dengan berpartisipasi pada berbagai
           • Adanya publikasi negatif yang berpotensi menurunkan                       aktivitas yang berhubungan dengan pemangku kepentingan.
              kepercayaan dari pemangku kepentingan.                               •   Mitigating and communicating with accurate, correct and real




                                                                                                                                                             Profil Perusahaan
                                                                                                                                                              Company Profile
           Reputation:                                                                 time information.
           • The potential for negative perceptions to arise due to the            •   Good and proper relationship by participating in various activities
              nonoptimal handling of the unexpected events;                            related to stakeholders.
           • The existence of negative publications that have the potential to
              reduce the trust of stakeholders.

      c    Lingkungan                                                              •   Mengasuransikan semua proyek dan meminimalkan keadaan
           Berpotensi dapat merusak dan merugikan terhadap pihak luar                  force majeure yang mungkin terjadi;
           dikarenakan proses pengembangan usaha yang berada di luar               •   Menjaga keseimbangan antara pembangunan dan kelestarian




                                                                                                                                                             Analisis dan Pembahasan Manajemen
           kendali.                                                                    lingkungan.




                                                                                                                                                              Management Discussion and Analysis
           Environment:                                                            •   Insuring all projects and minimize force majeure situations that
           Potentially damaging and detrimental to outsiders due to the                may occur;
           business development process that is out of control.                    •   Maintaining a balance between development and environmental
                                                                                       sustainability.

4   Risiko Keuangan
    Financial Risk

      a    Mata Uang Asing:                                                        •   Mengusahakan sebagian besar transaksi menggunakan mata
           Fluktuasi kurs (apresiasi atau depresiasi) berpengaruh pada perolehan       uang Rupiah;
           laba bersih;                                                            •   Melakukan reviu berkala atas eksposur mata uang asing.
           Foreign currency:                                                       •   Conduct most transactions using Rupiah as currency;
           Exchange rate fluctuations (appreciation or depreciation) have an       •   Conduct periodic reviews of foreign currency exposures.
           effect on net income;

      b    Suku Bunga:                                                             •   Menelaah atas suku bunga yang ditawarkan;
           Fluktuasi tingkat suku bunga akan berpengaruh pada kegiatan             •   Melakukan metode pembayaran bertahap berjangka waktu lebih




                                                                                                                                                             Human Capital
                                                                                                                                                             Human Capital
           operasional dan kinerja keuangan sebagai dampak besarnya                    panjang atau pinjaman dengan bunga tetap.
           pembiayaan.                                                             •   Review the interest rates offered;
           Interest rate:                                                          •   Performing an installment payment method with a longer term or
           Fluctuations in interest rates will affect operational activities and       a loan with a fixed interest rate.
           financial performance as a result of the amount of financing.

      c    Kredit:                                                                 •   Melakukan hubungan usaha dengan pihak lain yang
           Potensi kegagalan debitur dalam melunasi kewajibannya, sesuai               berkredibilitas;
                                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                                              Corporate Governance



           dengan jumlah dan waktu yang telah ditetapkan.                          •   Menetapkan kebijakan verifikasi dan otorisasi kredit;
           Credit:                                                                 •   Memantau kolektibilitas piutang secara berkala untuk mengurangi
           Potential failure of the debtor in paying off his obligations, in           jumlah piutang tak tertagih.
           accordance with the amount and time that has been set.                  •   Conduct business relationships with other credible parties;
                                                                                   •   Establish credit verification and authorization policies;
                                                                                   •   Monitor the collectibility of receivables on a regular basis to
                                                                                       reduce the number of bad debts.

      d    Likuiditas:                                                   •             Memantau dan menjaga jumlah kas dan setara kas, serta
           Berkaitan dengan ketidakmampuan Perseroan dalam memenuhi                    mengevaluasi proyeksi arus kas yang memadai untuk membiayai
           kewajiban jangka pendeknya.                                                 operasional;
           Liquidity:                                                    •             Melakukan penelaahan pasar untuk mendapatkan sumber
                                                                                                                                                             Laporan Keberlanjutan




           In relation to the Company’s inability to meet its short-term               pendanaan yang optimal.
                                                                                                                                                              Sustainability Report




           obligations.                                                  •             Monitor and maintain cash and cash equivalents, as well as
                                                                                       evaluate adequate cash flow projections to finance operations;
                                                                                   •   Conduct market analysis to obtain optimal funding sources.




                                                                                                            2023 Integrated Annual Report           203
Page 206
PT Jakarta International Hotels & Development Tbk




Efektivitas Sistem Manajemen Risiko 2023                            Effectiveness of Risk Management System in 2023
Penerapan manajemen risiko yang komprehensif membantu               The implementation of comprehensive risk management helps the
Perseroan untuk mengoperasikan bisnis dalam koridor prinsip         Company to operate its business within the corridor of the prudent
kehati-hatian dan mencapai hasil seperti yang diharapkan, yang      principle and achieve the expected results, which also reflects
mana hal itu juga mencerminkan kemampuan Perseroan untuk            the Company’s ability to maintain its business resilience during
menjaga ketahanan bisnisnya selama masa-masa sulit, dan akan        difficult times, and will be able to improve performance in line with
dapat meningkatkan kinerja seiring dengan perbaikan arah            improving economy and business environment.
ekonomi dan lingkungan bisnis.

Evaluasi dan efektivitas sistem manajemen risiko dilakukan secara   Evaluation and effectiveness of the risk management system is
berkala melalui audit berbasis risiko yang dilakukan oleh audit     carried out periodically through risk-based audits by internal audit
internal dan assessment yang dilaksanakan oleh internal. Di 2023,   and internal assessments. In 2023, the Company did not carry out
Perseroan tidak melakukan evaluasi yang signifikan terhadap         a significant evaluation of its Risk Management policies, since the
kebijakan Manajemen Risiko, dikarenakan kriteria risiko tersebut    risk criteria are still relevant to the Company’s existence.
masih relevan dengan keberadaan Perseroan.

Pernyataan Atas Kecukupan Sistem Manajemen                          Statement on the Adequacy of Risk Management
Risiko                                                              System
Direksi maupun Dewan Komisaris/Komite Audit meyakini bahwa          The Board of Directors and the Board of Commissioners/Audit
sistem manajemen risiko Perseroan yang diterapkan saat ini sudah    Committee believe that the Company’s current risk management
cukup efektif dan memadai dalam mengurangi risiko-risiko: usaha,    system is quite effective and adequate in reducing risks, including:
operasional dan keuangan yang telah diidentifikasi sebelumnya.      business risks, operational risks and financial risks that have been
Begitu juga dengan potensi risiko-risiko baru yang mungkin akan     previously identified. Likewise, the potential new risks that may
timbul dan berdampak signifikan di masa mendatang.                  arise and have a significant impact in the future.


Namun, budaya sadar risiko masih harus terus dikembangkan dan       However, risk awareness culture must continue to be developed
ditingkatkan ke seluruh proses bisnis dengan menitikberatkan        and improved throughout business processes by emphasizing the
konsep risiko sebagai tanggung jawab setiap orang melalui           concept of risk as everyone’s responsibility through socialization,
sosialisasi, pengembangan kompetensi dan proses pembelajaran        competency development and continuous learning processes
secara berkelanjutan (melalui pelatihan manajemen risiko baik       (through general or specific risk management training).
secara umum ataupun khusus).




Permasalahan Hukum
Legal Cases

Perdata dan Pidana                                                  Civil and Criminal
Di sepanjang 2023, tidak terdapat permasalahan hukum baik           Throughout 2023, there were no detrimental civil or criminal legal
perdata maupun pidana yang merugikan yang dihadapi oleh             issues faced by the Company, all members of the Board of Directors
Perseroan, seluruh anggota Direksi dan Dewan Komisaris.             and the Board of Commissioners. Likewise, the Subsidiary and its
Demikian halnya dengan Entitas Anak bersama jajaran Direksi         Board of Directors and Board of Commissioners are not involved
dan Dewan Komisaris-nya tidak pula terlibat pada kasus hukum        in material legal cases in court. Members of the Board of Directors
di pengadilan yang bersifat material. Anggota Direksi dan/atau      and/or members of the Board of Commissioners are not authorized
anggota Dewan Komisaris tidak berwenang mewakili Perseroan          to represent the Company if they are involved in a case in court.
apabila terlibat perkara di pengadilan.

Sanksi Administratif                                                Administrative Sanctions
Perseroan, anggota Dewan Komisaris dan Direksi tidak menghadapi     The Company, members of the Board of Commissioners and Board
sanksi administratif dari otoritas pasar modal maupun otoritas      of Directors do not face administrative sanctions from the capital
lainnya yang berpotensi memiliki dampak material terhadap kinerja   market authority or other authorities which have the potential to
keuangan Perseroan di 2023.                                         have a material impact on the Company’s financial performance
                                                                    in 2023.




204    Laporan Tahunan Terintegrasi 2023
Page 207
                                                                                                        Integrating Excellence for Sustainability




Kode Etik




                                                                                                                                                                 Prologue
                                                                                                                                                                  Prolog
Code of Conduct [GRI 2-23]




                                                                                                                                                                 Performamnce Highlights
Kode Etik Perseroan (KEP) merupakan pola aturan, tata cara dan                     The Company’s Code of Conducts (COC) is a set of rules,




                                                                                                                                                                      Ikhtisar Kinerja
pedoman etis yang menjadi landasan dasar, sebagai standar                          procedures and ethical guidelines which form the foundation,
etika usaha dan etika kerja tanpa terkecuali bagi seluruh personel                 as the standard of business ethics and work ethics applicable
Perseroan: karyawan, Direksi dan Dewan Komisaris. KEP wajib                        without exception for all Company personnel: employees, Board
diterapkan secara konsisten, disertai dengan profesionalisme                       of Directors and Board of Commissioners. COC must be complied
berintegritas, dalam bersikap dan bertindak ketika melakukan                       consistently, accompanied by professionalism with integrity, in
suatu kegiatan atau pekerjaan di lingkungan internal dan/atau                      attitudes and actions when carrying out an activity or work in the
eksternal yang berhubungan dengan Perseroan.                                       internal and/or external environment related to the Company.




                                                                                                                                                                 Laporan Manajemen
                                                                                                                                                                 Management Report
KEP disusun dengan memperhatikan prinsip-prinsip tata kelola                       COC is prepared by referring to the principles of good corporate
perusahaan yang baik, berlandaskan pada nilai dan norma                            governance, based on the values and norms applicable in the
yang berlaku di Perseroan, dan senantiasa disesuaikan dengan                       Company, and is always adapted to developments in applicable
perkembangan peraturan perundang-undangan dan praktik-                             laws and regulations and best practices.
praktik terbaik yang berlaku.




                                                                                                                                                                 Profil Perusahaan
                                                                                                                                                                  Company Profile
                                       Direksi, Dewan                Outsourcing dan
            Semua individu             Komisaris, serta             seluruh Pihak yang
              Perseroan di            Karyawan Entitas                bertindak untuk                 Investor                          Mitra Kerja
              semua level                    Anak                     dan atas nama                  Perseroan                          Perseroan
            All individuals of        Board of Directors,                Perseroan                 Investor of the                  Business Partners
            the Company at                 Board of                     Outsourced                    Company                        of the Company
                all leveles           Commissioners, as              employees and all
                                      well as Employees              Parties who act for
                                        of Subsidiaries             and on behalf of the




                                                                                                                                                                 Analisis dan Pembahasan Manajemen
                                                                          Company




                                                                                                                                                                  Management Discussion and Analysis
Pokok-Pokok Kode Etik                                                              Code of Conduct Principles
Kode Etik mengandung kebijakan nilai-nilai etis yang dinyatakan                    The Code of Conduct contains ethical values which are stated
secara eksplisit sebagai etika usaha dan etika kerja personel                      explicitly as business ethics and work ethics of the Company’s
Perseroan. Etika usaha merupakan standar perilaku yang                             personnel. Business ethics are standards of behavior that are
diterapkan sebagai suatu entitas bisnis dalam berinteraksi dan                     applied as a business entity in interacting and dealing with
berhubungan dengan pemangku kepentingan baik internal                              stakeholders, both internal and external. Work Ethics is a standard
maupun eksternal. Etika Kerja merupakan standar perilaku yang                      of behavior used by Company personnel in carrying out tasks for
digunakan oleh personel Perseroan dalam melaksanakan tugas                         and on behalf of the company, as well as in interacting and relating
untuk dan atas nama perusahaan, maupun dalam berinteraksi                          with fellow colleagues and stakeholders.
dan berhubungan dengan sesama rekan kerja serta pemangku
kepentingan.




                                                                                                                                                                 Human Capital
                                                                                                                                                                 Human Capital
      Kode Etik Perseroan
      Company Code of Conduct




                                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                                  Corporate Governance




        Kebijakan Umum                                      Hubungan Internal                                 Hubungan Eksternal
        General Policies                                    Internal Relations                                External Relations

        •     Pendahuluan                                   •   Hubungan dengan Karyawan                      •      Hubungan dengan Konsumen
        •     Fungsi dan Tujuan Kebijakan                   •   Hubungan dengan Perseroan                     •      Hubungan dengan Pemasok, Rekanan dan
        •     Cakupan Ruang Lingkup                         •   Relationship with Employees                          Konsultan
        •     Introduction                                  •   Relationship with the Company                 •      Hubungan dengan Pesaing
        •     Policy Function and Purpose                                                                     •      Hubungan dengan Regulator
        •     Scope                                                                                           •      Hubungan dengan Pemangku Kepentingan
                                                                                                                     Lainnya
                                                                                                              •      Pelaporan Atas Pelanggaran Atau Potensi
                                                                                                                                                                 Laporan Keberlanjutan




                                                                                                                     Pelanggaran
                                                                                                                                                                  Sustainability Report




                                                                                                              •      Relationship with Customers
                                                                                                              •      Relationship with Suppliers, Partners and
                                                                                                                     Consultants
                                                                                                              •      Relationship with Competitors
                                                                                                              •      Relationship with Regulators
                                                                                                              •      Relationship with Other Stakeholders
                                                                                                              •      Reporting of Violations or Potential
                                                                                                                     Violations




                                                                                                                     2023 Integrated Annual Report       205
Page 208
PT Jakarta International Hotels & Development Tbk




Sosialisasi dan Internalisasi                                                  Socialization and Internalization
Perseroan telah memperkenalkan KEP kepada karyawan telah                       The Company has introduced COC to employees since they first
sejak awal bergabung. Hal ini bertujuan agar para karyawan dapat               joined. The goal is to ensure that employees can understand the
memahami KEP sebagai pedoman berperilaku selama bekerja di                     COC as a behavioural guideline while working at the Company.
Perseroan.

Sosialisasi dan Internalisasi KEP juga dilakukan melalui situs web             COC socialization and internalization is also carried out through the
di mana para karyawan senantiasa dapat membacanya. Melalui                     website allowing the employees to read it everytime. Therefore, it
ini, diharapkan kesadaran pemahaman terhadap substansinya                      is expected that awareness of understanding the substance will
semakin meningkatagar dapat menerapkannya dengan baik dan                      increase so that we can apply it properly and correctly.
benar.

Sebagai bagian dari upaya penegakan KEP, Perseroan senantiasa                  As part of COC enforcement efforts, the Company always monitors
memantau penerapan KEP, dan memberikan sanksi bagi yang                        the implementation of COC, and provides sanctions for those who
melanggarnya.                                                                  violate it.

Sanksi Atas Kode Etik                                                          Sanctions on Code of Conduct
Apabila terbukti melakukan pelanggaran, maka pelanggar dapat                   If proven to have committed a violation, the violator may be subject
dikenakan sanksi yang mengacu dengan ketentuan internal                        to sanctions referring to the internal provisions of the Company.
Perseroan. Pencegahan pelanggaran harus dilaksanakan oleh                      Prevention of violations must be carried out by direct supervisors
atasan langsung di lingkungan masing-masing. Sanksi disiplin                   in their respective environments. Disciplinary sanctions and/or
dan/atau tindakan lainnya terhadap karyawan ditetapkan oleh                    other actions against employees are determined by the Board
Direksi setelah mendapat laporan dari atasan langsung yang                     of Directors after receiving a report from the direct supervisor
bersangkutan.                                                                  concerned.


 Ringan          Teguran lisan dan/atau surat teguran, dengan masa pembinaan.
 Minor           Verbal warning and/or written reprimand, with a coaching period

 Sedang          Surat peringatan I dan II, disertai masa pembinaan.               Diteruskan kepada pihak yang berwajib apabila terindikasi adanya
 Moderate        First and second warning letters, with a coaching period          pelanggaran hukum.
                                                                                   Forwarded to the authorities if there is an indication of violation og law.
                 Surat peringatan III hingga dikenakan pemutusan hubungan
 Berat
                 kerja (PHK).
 Major
                 Third warning letter to termination of employment.

Sementara terhadap Direksi dan Dewan Komisaris yang melakukan                  Meanwhile, sanctions for Board of Directors and Board of
pelanggaran, sanksinya diputuskan oleh Pemegang Saham utama.                   Commissioners who commit violations are decided by the major
                                                                               Shareholders.

Sedang terhadap mitra kerja atau pemangku kepentingan lainnya                  Meanwhile, for business partners or other stakeholders who commit
yang melakukan pelanggaran, maka Perseroan akan mengenakan                     violations, the Company will impose sanctions in accordance with
sanksi sesuai ketentuan yang tertuang dalam kontrak, dan apabila               the provisions stated in the contract, and if there are indications
terindikasi tindak pidana dapat diteruskan kepada pihak yang                   that criminal acts can be forwarded to the authorities.
berwajib


                          Mitra Kerja Perseroan                                                              Tindak Lanjut
                     The Company’s Business Partners                                                            Follow Up

Sanksi normatif sesuai kontrak, peraturan perundang-undangan dan             Diteruskan kepada pihak yang berwajib apabila terindikasi adanya
keputusan Perseroan.                                                         pelanggaran hukum.
Normative sanctions in accordance with the contract, laws and regulations    Forwarded to the authorities if there is an indication of a violation of the law.
and decisions of the Company.


Di lingkungan Perseroan sepanjang 2023 tidak ditemukan                         Throughout 2023, no violations of the Code of Conduct were
tindakan-tindakan yang masuk dalam kategori pelanggaran Kode                   found in the Company.
Etik.




206       Laporan Tahunan Terintegrasi 2023
Page 209
                                                                                              Integrating Excellence for Sustainability




Program Kepemilikan Saham




                                                                                                                                                 Prologue
                                                                                                                                                  Prolog
Stock Ownership Program




                                                                                                                                                 Performamnce Highlights
                                                                                                                                                      Ikhtisar Kinerja
Program Kepemilikan Saham baik untuk Manajemen (MSOP)                     The Management Stock Ownership Program (MSOP) and
maupun untuk Karyawan (ESOP) belum diberlakukan di Perseroan.             Employees Stock Ownership Program (ESOP) has not yet been
Dengan demikian, tidak terdapat informasi tentang jumlah saham            implemented in the Company. Thus, there is no information about
ESOP/MSOP dan realisasinya, jangka waktu, persyaratan karyawan            the number of ESOP/MSOP shares and their realization, time
dan/atau manajemen yang berhak, dan harga exercise.                       period, requirements for eligible employees and/or management,
                                                                          and exercise price.

Pengungkapan Informasi Kepemilikan Saham                                  Disclosure of Share Ownership Information




                                                                                                                                                 Laporan Manajemen
                                                                                                                                                 Management Report
Kebijakan pengungkapan informasi mengenai kepemilikan saham               The information disclosure policy regarding share ownership of
anggota Dewan Komisaris dan Direksi Perseroan mengacu                     members of the Board of Commissioners and Board of Directors
pada Pasal 2 ayat (1 & 3) dan Pasal 3 ayat (1-3) Peraturan OJK            of the Company refers to Article 2 paragraphs (1 & 3) and Article
No. 11/POJK.04/2017 tentang Laporan Kepemilikan atau Setiap               3 paragraphs (1-3) of OJK Regulation No. 11/POJK.04/2017
Perubahan Kepemilikan Saham Perusahaan Terbuka, sebagaimana               concerning Ownership Reports or Any Changes in Ownership of
tercantum dalam Piagam Dewan Komisaris dan Piagam Direksi,                Public Company Shares, as stated in the Board of Commissioners’
yang menyebutkan bahwa anggota Dewan Komisaris dan Direksi                Charter and Board of Directors’ Charter, which states that members
wajib melaporkan kepemilikan sahamnya di Perseroan (termasuk              of the Board of Commissioners and Board of Directors are required




                                                                                                                                                 Profil Perusahaan
keluarganya) kepada Perseroan untuk selanjutnya dilaporkan                to report their share ownership within the Company (including




                                                                                                                                                  Company Profile
kepada Otoritas Jasa Keuangan.                                            their families) to the Company for further report to the Financial
                                                                          Services Authority.

Sekretaris Perusahaan merupakan unit kerja yang bertugas                  The Corporate Secretary as a work unit is responsible to ensure
untuk memastikan ketaatan perdagangan surat berharga/saham                compliance in the trading of the Company’s securities/shares.
Perseroan. Setiap adanya perubahan portofolio kepemilikan                 Any changes in the share ownership portfolio of the Board of
saham Dewan Komisaris dan Direksi, baik di dalam atau di luar             Commissioners and Board of Directors, whether inside or outside




                                                                                                                                                 Analisis dan Pembahasan Manajemen
Perseroan, maka Dewan Komisaris dan Direksi wajib melaporkan              of the Company, the Board of Commissioners and Board of




                                                                                                                                                  Management Discussion and Analysis
melalui penyerahan Daftar Khusus Kepemilikan Saham, untuk                 Directors are required to report it by submitting a Special List of
selanjutnya disampaikan kepada otoritas pasar modal selambat-             Share Ownership, to be submitted to the capital market authority
lambatnya 3 (tiga) hari sejak terjadinya transaksi.                       no later than 3 (three) days from the transaction.

Sepanjang 2023, tidak ada anggota Dewan Komisaris dan Direksi             Throughout 2023, there were no changes in share ownership in
yang melakukan aktivitas perubahan kepemilikan saham mereka               the Company by members of the Board of Commissioners and
di Perseroan.                                                             Board of Directors.

Berikut adalah anggota Dewan Komisaris dan Direksi yang memiliki          The following are members of the Board of Commissioners and
saham Perseroan per 31 Desember 2023, dan telah diinformasikan            Board Directors who own shares in the Company as of December
pada bagian Profil Perusahaan di Laporan Tahunan ini.                     31, 2023, and have been informed in the Company Profile section
                                                                          of this Annual Report.
    No    Nama | Name                       Jabatan | Position                                      Saham | Stock             %




                                                                                                                                                 Human Capital
                                                                                                                                                 Human Capital
1        Tomy Winata                       Wakil Presiden Komisaris | Vice-President Commissioner             306.243.700          13,15

2        Santoso Gunara                    Presiden Direktur | President Director                                   742.500        0,03
3        Lanny Pujilestari Liga            Direktur | Director                                                      30.000         0,00

4        Tony Soesanto                     Direktur | Director                                                      917.200        0,04          Tata Kelola Perusahaan
                                                                                                                                                  Corporate Governance
                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                  Sustainability Report




                                                                                                     2023 Integrated Annual Report         207
Page 210
PT Jakarta International Hotels & Development Tbk




Kebijakan Anti Korupsi
Anti Corruption Policy

Perseroan patuh terhadap ketentuan perundang-undangan yang                         The Company complies with applicable laws and regulations, and
berlaku, serta mendukung Pemerintah dalam hal pemberantasan                        supports the Government in eradicating corruption. As part of
korupsi. Sebagai bagian komitmen untuk menjalankan bisnis                          its commitment to running business transparently, honestly and
secara transparan, jujur, dan dengan integritas, Perseroan telah                   with integrity, the Company has included several anti-corruption
mencantumkan beberapa tindakan anti korupsi di dalam Kode Etik                     measures in the Company’s Code of Conduct, before being
Perusahaan, sebelum nantinya dielaborasi dalam Kebijakan Anti                      elaborated in the Anti-Corruption Policy which is currently being
Korupsi yang tengah disusun.                                                       drafted.

Tindakan Terhadap Korupsi                                                          Action Against Corruption
Di dalam Kode Etik Perseroan telah tercantum pelarangan                            In the Company’s Code of Conduct, the Company’s employees are
karyawan Perseroan untuk tindakan-tindakan yang berpotensi                         prohibited from committing any potential corruption acts, including
korupsi, seperti gratifikasi, donasi, penyuapan, pencucian uang                    gratification, donations, bribery, money laundering and fraud.
dan fraud.

Gratifikasi                                                                        Gratification
Gratifikasi diatur dalam hubungan Perseroan dengan Konsumen.                       Gratification is regulated in the Company's relationship with
Dalam KEP terkait dengan penerimaan hadiah/bingkisan dan                           customers. In the COC related to receiving presents/gifts and giving
pemberian hadiah/bingkisan dan/atau pemberian lainnya,                             presents/gifts and/or other gifts, it is clearly stated that employees
dinyatakan secara jelas bahwa karyawan dilarang untuk menerima                     are prohibited from accepting and giving promises and/or special
dan memberi janji dan/atau perlakuan khusus dari atau kepada                       treatment from or to any party, whether material or non-material,
pihak manapun baik secara materiil maupun non-materiil                             which has direct consequences or indirectly influence/create a
yang berakibat langsung atau tidak langsung mempengaruhi/                          conflict of interest in decision making which will be detrimental to
menimbulkan benturan kepentingan dalam pengambilan                                 the Company and employees now and in the future.
keputusan yang akan merugikan Perseroan dan karyawan pada
saat ini dan di kemudian hari.

Donasi                                                                             Donation
Donasi adalah sumbangan atau partisipasi Perseroan, baik atas                      Donations are gifts or participation by the Company, either on
inisiatif sendiri ataupun permintaan pihak lain dapat berupa dana,                 its own initiative or at the request of other parties, in the form of
barang/natura atau program sosial dan diberikan khususnya                          funds, goods/in kind or social programs and are given especially
kepada komunitas di sekitar lokasi kantor Perseroan, organisasi,                   to communities around the location of the Company’s offices,
lembaga atau pihak lainnya. Donasi dimasukkan dalam hubungan                       organizations, institutions or other parties. Donations are included
dengan Pemangku Kepentingan lainnya.                                               in relation with other Stakeholders.

Perseroan memfokuskan pemberian donasi kepada bidang atau                          The Company’s donations are focused on sectors or activities
kegiatan yang disesuaikan dengan Lima Pilar Kepedulian Artha                       that are aligned with Artha Graha Peduli’s Five Pillars of Care,
Graha Peduli, yaitu bidang sosial kemasyarakatan, penanggulangan                   namely the social sector, disaster management, environmental
bencana, pelestarian lingkungan, pemberdayaan masyarakat, dan                      preservation, community empowerment, and legal assistance for
bantuan hukum bagi masyarakat kurang mampu. Tidak ada donasi                       underprivileged communities. There are no donations for political
untuk kegiatan-kegiatan yang bersifat politik, karena Perseroan                    activities, because the Company tries not to get involved in
berusaha untuk tidak terlibat aktivitas politik praktis, baik di tingkat           practical political activities, both at the central and regional levels.
pusat dan daerah.

Bentuk donasi yang diberikan dapat berupa dana, barang/natura                      The donations are given in the form of funds, goods/in kind or
atau program sosial, yang ditujukan terutama bagi komunitas                        social programs, which are targeting primarily the communities
di sekitar lokasi usaha Perseroan dan Entitas Anak, organisasi,                    around the Company and its Subsidiaries’ business locations,
lembaga atau pihak lainnya yang berelasi.                                          organizations, institutions or other related parties.


Dalam hal permintaan atau pemberian donasi dikoordinasikan di                      That the requests or donation distribution are being coordinated
Departemen Investor Relation, dievaluasi dan diputuskan oleh                       by the Investor Relations Department, evaluated and decided by
Direktur terkait.                                                                  the relevant Director.
                                                                Tata Kelola Pemberian Donasi
                                                                   Procedures of Donation

   1   Seleksi dan evaluasi secara ketat dalam tujuan, reputasi pihak pengaju dan pengelola organisasi/lembaga;
       Strict selection and evaluation of the objectives, reputation of the applicant and the manager of the organization/institution.

  2    Harus tepat sasaran dan sesuai kebutuhan;
       Must be accurate and based on demand;

  3    Koordinasi/komunikasi antara unit kerja untuk menghindari tumpang tindih;
       Coordination/communication between work units to avoid overlapping;

  4    Kesesuaian dengan anggaran;
       Compliance with the budget;

  5    Permintaan dan realisasi kegiatan donasi harus diadministrasikan secara baik.
       Request and realization of donation activities must be properly administered.




208     Laporan Tahunan Terintegrasi 2023
Page 211
                                                                                                          Integrating Excellence for Sustainability




Penyuapan                                                                         Bribery




                                                                                                                                                                  Prologue
                                                                                                                                                                   Prolog
Penyuapan merupakan usaha yang dilakukan oleh pihak-pihak lain                    Bribery is an attempt carried out by other parties against employees
kepada karyawan dan/atau sebaliknya (termasuk petugas dan/atau                    and/or vice versa (including officers and/or Regulatory officials)
pejabat Regulator) dengan tujuan mempengaruhi pengambilan                         with the aim of influencing decision making, and is carried out
keputusan, dan dilakukan semata-mata demi kepentingan/                            solely for the personal interests/benefits of both parties.




                                                                                                                                                                  Performamnce Highlights
keuntungan pribadi kedua belah pihak.




                                                                                                                                                                       Ikhtisar Kinerja
Kebijakan Perseroan dalam hal penyuapan adalah tidak menyetujui                   The Company’s policy regarding bribery is not to approve or
ataupun mendukung segala bentuk praktik-praktik penyuapan                         support any form of bribery practices in order to ensure the
demi menjamin objektivitas pengambilan keputusan.                                 objectivity of decision making.


                                                                    Larangan Penyuapan
                                                                    Prohibition of Bribery

  1    Menawarkan atau menyediakan pembayaran atau manfaat dalam bentuk apapun yang tidak resmi atau tidak lazim di luar prosedur yang berlaku




                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                  Management Report
       kepada pihak lain yang berwenang dalam pengambilan keputusan berhubungan dengan Perseroan.
       Offering or providing payments or benefits in any form that is unofficial or unusual other than the applicable procedures to other parties authorized to
       make decisions related to the Company.

  2    Menawarkan imbalan di luar prosedur yang berlaku kepada konsumen atau calon konsumen agar bertransaksi dengan Perseroan.
       Offering rewards other than the applicable procedures to customers or prospective customers in order to transact with the Company.

  3    Menerima pembayaran atau manfaat dalam bentuk apapun yang tidak resmi atau tidak lazim di luar prosedur yang berlaku.
       Receiving payments or benefits in any form that is unofficial or unusual other than the applicable procedures.

Pencucian Uang                                                                    Money Laundering




                                                                                                                                                                  Profil Perusahaan
                                                                                                                                                                   Company Profile
Perseroan tidak mendukung praktik-praktik pencucian uang                          The Company does not support money laundering practices
karena merupakan perbuatan kriminal yang dilakukan untuk                          because it is a criminal act carried out to cover the origin of criminal
menutupi asal usul dana hasil kejahatan yang ditransfer untuk                     proceeds being transferred for transactions with the Company so
transaksi dengan Perseroan sehingga dana tersebut terlihat sah.                   that the funds appear to be legitimate.

Apabila terdapat transaksi yang disinyalir kegiatan pencucian                     If there are transactions that are suspected of money laundering
uang, karyawan berkewajiban mewaspadai risiko-risiko dan                          activities, employees are obliged to be aware of the risks and




                                                                                                                                                                  Analisis dan Pembahasan Manajemen
melaporkannya kepada atasannya. Karyawan wajib pula untuk                         report them to their superiors. Employees are also obliged not to




                                                                                                                                                                   Management Discussion and Analysis
tidak menginformasikan kepada pihak lain yang tidak mempunyai                     inform other parties who have no interest if there are suspicious
kepentingan bila terdapat transaksi yang mencurigakan.                            transactions.

Fraud                                                                             Fraud
Fraud adalah perbuatan melanggar hukum, peraturan (internal/                      Fraud is an act of violating the law, regulations (internal/external)
eksternal) dan perundang-undangan lainnya yang sengaja                            and other legislation that is deliberately carried out with the
dilakukan dengan niat untuk berbuat curang/menipu untuk                           intention to cheat/deceive to obtain money or other profits/benefits
memperoleh uang atau keuntungan/manfaat lain demi                                 for personal or other parties' interests where the perpetrator is not
kepentingan pribadi atau pihak lain dimana pelaku tidak berhak                    entitled to those profits/benefits. Fraud may result in losses to the
atas keuntungan/manfaat tersebut. Fraud dapat mengakibatkan                       Company, both financial and non-financial (including those that
kerugian Perseroan baik finansial maupun non finansial (termasuk                  have the potential to cause losses).
yang berpotensi menimbulkan kerugian).

Apabila terdapat potensi Fraud, karyawan wajib mewaspadai risiko                  If there is potential for fraud, employees are required to be aware




                                                                                                                                                                  Human Capital
                                                                                                                                                                  Human Capital
dan membantu upaya Perseroan untuk memberantas praktik-                           of the risks and assist the Company's efforts to eradicate these
praktik tersebut.                                                                 practices.

Sosialisasi/Pelatihan Anti Korupsi                                                Anti-Corruption Socialization/Training
Sebagian kebijakan anti korupsi kembali dimasukkan dalam                          Some of anti-corruption policies have been included in the
Kode Etik Perseroan terbaru yang ditetapkan pada 27 Desember                      Company's latest Code of Conduct which was established on
2023. Ini merupakan inisiatif dari Perseroan untuk memberikan                     December 27, 2023. This is an initiative from the Company to
pemahaman yang lebih baik kepada seluruh personel perusahaan,                     provide better understanding to all company personnel, so that
                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                   Corporate Governance




sehingga dapat lebih berhati-hati dalam tindakannya di kegiatan                   they can be more careful in their actions in the Company's business
usaha Perseroan. Perseroan juga mengoptimalisasi saluran Sistem                   activities. The Company also optimizes the Whistleblowing System
Pelaporan Pelanggaran sebagai sarana pelaporan, termasuk                          as a reporting channel, including reports related to corruption.
laporan yang berkaitan dengan korupsi.

Pembekalan pengetahuan mengenai korupsi beserta turunannya                        Provision of knowledge regarding corruption and its derivatives
telah diberikan sejak karyawan pertama kali bergabung. Selanjutnya                has been provided for newly employees. Furthermore, it is
secara berkala diingatkan kembali pada saat tertentu bersamaan                    periodically reminded along with the socialization of the latest
dengan sosialisasi kebijakan-kebijakan operasional terbaru.                       operational policies.
                                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                                   Sustainability Report




Adapun pelatihan terkait pengetahuan anti korupsi telah diikuti                   The training related to anti-corruption knowledge that has been
oleh direksi Perseroan di 2023 dapat dilihat di bawah ini:                        attended by the Company's Board of Directors in 2023 can be
                                                                                  seen below:


 Tanggal                                Topik Workshop, Seminar & Konferensi                                         Jam                Penyelenggara
  Date                                  Workshop, Seminar & Conference Topics                                        Time                   Organizer

  6 Apr     Anti Money Laundering in Digital Era: Lesson Learned from Selected Countries                              3,0                      OJK

  3 Agu     Waspadai Modus Penipuan Gaya Baru | Beware of a New Fraud Style of Fraud                                  3,0                     OJK

                                                                                                                  2023 Integrated Annual Report           209
Page 212
PT Jakarta International Hotels & Development Tbk




Sistem Pelaporan Pelanggaran
Whistleblowing System
Perseroan memiliki sebuah kerangka kerja berupa Sistem                          The Company has a framework in the form of a Whistleblowing
Pelaporan Pelanggaran (SPP) guna menerapkan standar etika,                      System (WBS) to implement ethical standards, morality and optimal
moralitas dan perilaku usaha yang optimal dalam semua aspek                     business behavior in all aspects of business. This is a manifestation
usaha. Hal ini merupakan perwujudan dari komitmen Perseroan                     of the Company’s commitment to implementing GCG practices.
untuk menerapkan praktik-praktik GCG.

Sebagai salah satu bentuk pengawasan, penggunaan SPP mampu                      As a form of supervision, the use of WBS is able to optimize the role
mengoptimalkan peran serta keaktifan personel Perseroan                         and activity of Company personnel and other parties in disclosing,
dan pihak lainnya dalam mengungkapkan, dan berlanjut pada                       and continuing to control, violations or potential violations that
pengendalian atas pelanggaran atau potensi pelanggaran yang                     could damage the reputation that occur within the Company.
dapat merusak reputasi yang terjadi di lingkungan Perseroan.

Pada periode tertentu, SPP akan dievaluasi, dimutakhirkan dan                   In certain periods, WBS will be evaluated, updated and refined
disempurnakan secara berkelanjutan agar sesuai dengan dinamika                  on an ongoing basis to suit business dynamics. Meanwhile, to
bisnis. Sementara itu, untuk meningkatkan pemahaman karyawan                    increase employees’ understanding of WBS, the Company carries
mengenai SPP, Perseroan melakukan sosialisasi peningkatan                       out socialization to increase understanding of SPP in parallel with
pemahaman SPP secara paralel dengan sosialisasi prinsip-prinsip                 the socialization of other GCG principles at the beginning of each
GCG lainnya di setiap awal tahun.                                               year.

Kebijakan SPP                                                                   WBS Policy
Kebijakan SPP mengatur peran serta dan tanggung jawab semua                     The WBS policy regulates the roles and responsibilities of all
pihak yang terkait, jenis pelanggaran atau potensi pelanggaran                  parties involved, types of violations or potential violations that can
yang bisa dilaporkan, ketentuan perlindungan pelapor, penerimaan                be reported, provisions for whistleblowers protection, receipt of
laporan dan tindak lanjut penanganannya.                                        reports and follow-up actions for handling them.


                                                    Prinsip-Prinsip Sistem Pelaporan Pelanggaran
                                                           Whistleblowing System Principles

Prinsip Dasar         •   Informasi perihal pelanggaran atau potensi potensi pelanggaran yang disampaikan bersifat rahasia;
Basic Principles      •   Setiap pelapor harus mendapat perlindungan;
                      •   Setiap informasi yang dilaporkan harus dilakukan proses uji kelayakan dan investigasi lebih lanjut.
                      •   All incoming violation reports or alleged violation reports are confidential;
                      •   Every whistleblower must receive protection; and
                      •   Any information reported must be subjected to due diligence and further investigations.

Prinsip Umum          •   SPP berlaku untuk seluruh personel Perseroan (Karyawan, Direksi, Dewan Komisaris), pihak independen, pihak ketiga dan
General Principles        pemangku kepentingan lainnya. Jika anggota Dewan Komisaris atau Direksi yang melakukan pelanggaran, laporan yang
                          disampaikan secara tertulis kepada Ketua Komite Audit;
                      •   Setiap pelapor bertanggung jawab dan beritikad baik dalam melaporkan pelanggaran atau potensi pelanggaran yang akan atau
                          telah merugikan Perseroan;
                      •   SPP akan menghilangkan penyalahgunaan jabatan untuk mencegah seseorang untuk membuat laporan.
                      •   WBS applies to all members of the Company (Employees, Board of Directors, Board of Commissioners), independent parties, third
                          parties and other stakeholders. If a member of the Board of Commissioners or Board of Directors commits a violation, a written
                          report is submitted to the Chairman of the Audit Committee;
                      •   Each whistleblower is responsible and has good faith in reporting violations or potential violations that will be or are detrimental
                          to the Company;
                      •   WBS will eliminate abuse of position to prevent someone from making a report.

Jenis Pelanggaran                                                               Types of Violations
Perseroan telah menetapkan berbagai jenis pelanggaran yang                      The Company has determined various types of violations that can
dapat dilaporkan berupa kemungkinan pelanggaran hukum dan                       be reported in the form of possible violations of the Company's
peraturan Perseroan, pemaksaan melakukan sesuatu yang tidak                     laws and regulations, compulsion to act inappropriately and break
patut dan di luar hukum, tindakan-tindakan yang dapat merugikan                 the law, actions that could harm financially, and/or bring negative
keuangan, dan/atau menimbulkan efek negatif terhadap citra dan                  effect on the company's image and reputation whenever publicly
reputasi perusahaan jika diketahui publik.                                      know.


                                 a    Korupsi: menerima suap, penyalahgunaan jabatan, kolaborasi dengan pihak luar untuk merugikan perusahaan,
                                      dan pemerasan;
                                      Corruption: receiving bribe, abuse of position, collaborate with external parties to harm the Company, and
                                      extortion;

                                 b    Penipuan;
                                      Fraud;
         Kecurangan
            Fraud                c    Pencurian: mencuri data/uang perusahaan dan pembobolan sistem;
                                      Theft: stealing the Company’s data/money and system breaches;

                                 d    Penggelapan: menjual aset perusahaan dan/atau uang kas untuk kepentingan dan keperluan pribadi;
                                      Embezzlement: selling the Company’s assets and/or cash for personal interests and purposes; and

                                 e    Pemalsuan: surat keterangan, data/dokumen perusahaan dan tandatangan.
                                      Counterfeiting: certificate, the Company’s data/documents and signature.



210     Laporan Tahunan Terintegrasi 2023
Page 213
                                                                                               Integrating Excellence for Sustainability




                                a   Membuka rahasia perusahaan untuk kepentingan pribadi;




                                                                                                                                                  Prologue
                                    Disclosing the Company’s secretsfor personal gain;




                                                                                                                                                   Prolog
                                b   Perilaku insider trading;
                                    Insider trading;
     Pelanggaran Norma
          dan Etika             c   Perbuatan asusila di dalam dan di luar perusahaan;




                                                                                                                                                  Performamnce Highlights
      Violation of Norms            Immoral acts inside and outside the Company;
          and Ethics




                                                                                                                                                       Ikhtisar Kinerja
                                d   Pelecehan;
                                    Harassment;

                                e   Penggunaan narkoba.
                                    Drug abuse.

Lingkup Pelaporan Hingga Penanganan                                        Scope of Reporting and Handling
Cara Penyampaian Laporan Pelanggaran                                       Whistleblowing Mechanism




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
Pelaporan pelanggaran diusahakan dapat dilakukan secara tertulis           Violation reports are expected in writing, containing a chronology
berisikan kronologis kejadian dan kelengkapan informasi data.              of events and complete information. Reports must be sent no later
Pengiriman laporan diusahakan dalam periode paling lama 2 (dua)            than 2 (two) months after the incident occurs, and specifically for
bulan setelah kejadian terjadi, dan khusus untuk kasus-kasus               fraud cases no later than 1 (one) month after the incident occurs.
fraud selambat-lambatnya 1 (satu) bulan setelah kejadian terjadi.          Violation reports can be done safely, freely and confidentially
Pelaporan pelanggaran dapat dilakukan secara aman, bebas dan               through the reporting channel facilities (telephone, letter, email)
rahasia melalui fasilitas saluran pelaporan (telepon, surat, email)        available at the Company.
yang tersedia di Perseroan.




                                                                                                                                                  Profil Perusahaan
                                                                                                                                                   Company Profile
Penanganan Pengaduan                                                       Report Handling
Setelah menerima laporan pelanggaran, selanjutnya akan                     After receiving the violation report, the adequacy and completeness
dilakukan pemilahan kecukupan dan kelengkapan data dan bukti               of the data and evidence in the documents submitted will then be
pada dokumen yang disampaikan, untuk diputuskan apakah kasus               sorted to decide whether the case can proceed to the investigation
tersebut dapat dilanjutkan ke tingkat penyelidikan.                        level.

Setiap laporan yang masuk akan dipelajari, diklasifikasikan dan            Every incoming report will be studied, classified and followed up




                                                                                                                                                  Analisis dan Pembahasan Manajemen
ditindaklanjuti melalui penyelidikan mendalam berdasarkan                  through an in-depth investigation based on the facts obtained.




                                                                                                                                                   Management Discussion and Analysis
fakta-fakta yang diperoleh. Keputusan terhadap terbukti/tidaknya           The decision regarding whether the report is proven or not will
pelaporan tersebut akan dibuat dan diambil berdasarkan                     be made and taken based on the consequences of the action, the
pertimbangan akibat tindakan, derajat kesengajaan dan motif                degree of intent and the motive for the action.
tindakan.
Laporan yang tidak terbukti akan dikembalikan kepada pelapor,              Reports that are not proven will be returned to the whistleblower,
dan akan dilaporkan kepada Direksi apabila hasil temuannya                 and will be reported to the Board of Directors if the findings are
terbukti. Laporan yang berkaitan dengan jajaran manajemen di               proven. Reports relating to management under the Board of
bawah Direksi disampaikan dalam bentuk surat dan ditujukan                 Directors are submitted in the form of a letter and addressed to the
kepada Presiden Direktur, sedangkan laporan-laporan yang                   President Director, while reports relating to the Board of Directors
berkaitan dengan Direksi akan ditujukan kepada Dewan Komisaris.            will be addressed to the Board of Commissioners.

Pengelola Pengaduan                                                        Complaint Management
SPP Perseroan saat ini dikelola oleh Departemen Human Data                 The Company’s Whistleblowing System is currently managed by
Record & General Affairs (HDR & GA). Laporan pelanggaran                   the Human Data Record & General Affairs (HDR & GA) Department.




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
disampaikan kepada Manager HDR & GA, yang selanjutkan akan                 Whistleblowing reports are submitted to the HDR & GA Manager,
mengevaluasi, menginvestigasi dan memberi saran tindak lanjut              who will then evaluate, investigate and provide follow-up
atas pelaporan pelanggaran sebelum diteruskan kepada Direktur              suggestions for the whistleblowing reports before being forwarded
yang membawahi Departemen.                                                 to the Director in charge of the Department.

Perlindungan dan Sanksi Pelapor                                            Whistleblower Protection and Sanctions
Perseroan menjamin kerahasiaan identitas pelapor, dan akan                 The Company guarantees the confidentiality of the whistleblower’s
memberikan perlindungan dari segala bentuk ancaman, intimidasi,            identity, and will provide protection from all forms of threats,
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




ataupun tindakan tidak menyenangkan dari pihak manapun                     intimidation or unpleasant actions from any party as long as
selama pelapor menjaga kerahasiaan pelanggaran yang diadukan.              the reporter maintains the confidentiality of the violation being
Perseroan akan juga memberikan perlindungan hukum kepada                   reported of. The Company will also provide legal protection
pelapor terkait kebocoran identitas, serta potensi ancaman                 to whistleblowers regarding identity leaks, as well as potential
atau tindakan yang dapat merugikan lainnya. Perlindungan juga              threats or other detrimental actions. Protection is also provided to
diberikan kepada para pihak yang melaksanakan investigasi                  parties carrying out investigations and other parties who provide
maupun pihak-pihak lainnya yang memberikan informasi terkait               information related to the report/investigation.
dengan pengaduan/penyingkapan tersebut.

Sebaliknya sanksi akan dikenakan terhadap pelapor yang                     On the other hand, sanctions will be imposed on whistleblowers
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




mengirimkan laporan pengaduan terindikasi unsur: tidak ada                 who submit complaint reports with indication of bad intentions,
niat baik, menyampaikan bukti palsu, ada unsur kedengkian,                 submit false evidence, contain elements of malice, or have no clear
atau tanpa dasar yang jelas. Perseroan tidak akan memberikan               basis. The Company will not guarantee confidentiality or protection
jaminan kerahasiaan maupun perlindungan kepada pelapor yang                to whistleblowers who abuse the WBS, including criminal or civil
menyalahgunakan SPP, termasuk tuntutan pidana maupun perdata               charges such as those related to unpleasant acts or defamation.
seperti yang terkait dengan perbuatan tidak menyenangkan                   The imposition of sanctions follows the applicable regulatory
ataupun pencemaran nama baik. Pengenaan sanksi telah                       provisions.
mengikuti ketentuan peraturan yang berlaku.



                                                                                                      2023 Integrated Annual Report        211
Page 214
PT Jakarta International Hotels & Development Tbk




Sanksi dan Rehabilitasi Terlapor                                      Sanctions and Rehabilitation of Violators
Perseroan tidak akan menoleransi setiap pelanggaran yang              The Company will not tolerate any violations related to integrity.
terkait dengan integritas. Terkait dengan hal ini, Perseroan tidak    In this regard, the Company will not hesitate to impose sanctions
akan segan memberikan sanksi kepada terlapor yang terbukti            on reported parties who are proven to have committed violations
melakukan pelanggaran mulai dari teguran lisan, surat peringatan      ranging from verbal warnings, warning letters (I, II, III), to termination
(I, II, III), hingga pemutusan hubungan kerja (PHK) yang mengacu      of employment (PHK) which refers to the applicable regulatory
pada ketentuan peraturan yang berlaku.                                provisions.

Sebaliknya terhadap terlapor yang tidak terbukti melakukan            On the other hand, reported parties who are not proven to have
pelanggaran, Perseroan akan memberikan rehabilitasi dengan            committed a violation will be rehabilitated by the Company by
mengembalikan nama baiknya.                                           restoring their good name.

Pelaporan Pelanggaran 2023                                            Whistleblowing Report in 2023
Di 2023, tidak terdapat laporan pelanggaran yang masuk atau           In 2023, there were no reports of violations received or being
sedang ditindaklanjuti, baik yang berkaitan dengan Perseroan,         followed up, whether related to the Company, Board of Directors,
Direksi, Dewan Komisaris, organ pendukung, ataupun karyawan.          Board of Commissioners, supporting organs, or employees.




Transparansi Tata Kelola Tidak Baik
Transparency of Bad Governance Practises

Perseroan terus berkomitmen untuk senantiasa menjalankan              The Company is always committed to carrying out healthy and
praktik bisnis yang sehat dan terbuka, sesuai dengan ketentuan        transparent business practices, in accordance with the provisions
peraturan perundang-undangan yang berlaku. Dalam operasional          of the prevailing laws and regulations. In the operations throughout
sepanjang 2023, tidak ditemukan adanya praktik bisnis yang tidak      2023, no bad business practices were found that could damage
baik, yang dapat merusak reputasi dan citra Perseroan.                the Company’s reputation and image.

Kasus Terkait dengan Karyawan                                         Cases Related to Employees
Perseroan telah melakukan pengelolaan Sumber Daya                     The Company managed its human capital (HC) in accordance with
Manusia (SDM) yang sesuai dengan peraturan dan perundang-             applicable laws and regulations, including complying with the
undangan yang berlaku, termasuk memenuhi standar praktik              Employment practices, as well as Occupational Safety and Health
Ketenagakerjaan, Keselamatan, dan Kesehatan Kerja (K3).               (OHS) standards.

Laporan Pencemaran Lingkungan                                         Environmental Pollution Report
Perseroan berkomitmen untuk ramah terhadap lingkungan lokasi          The Company is committed to being environmentally friendly in its
usaha dan sekitarnya di operasional usahanya. Kebijakan Green         business and operational locations as well as its surroundings. The
Development diterapkan dalam pengembangan dan pengelolaan             Green Development policy is implemented in the development
proyeknya. Hal tersebut dapat terlihat dari lingkungan lokasi usaha   and management of the project. This can be seen from the green
yang hijau dan teduh.                                                 and shady environment of the business location.

Di sepanjang 2023, Perseroan tidak menerima satu pun pelaporan        Throughout 2023, the Company did not receive a single report of
adanya pencemaran terhadap lingkungan, baik di sekitar kantor         environmental pollution, either around the head office or around
pusat maupun di sekitar lingkungan proyek yang ditimbulkan oleh       the project environment, caused by its business activities.
aktivitas usahanya.




212     Laporan Tahunan Terintegrasi 2023
Page 215
                                                                                         Integrating Excellence for Sustainability




                                                                                                                                           Prologue
                                                                                                                                            Prolog
                                                                                                                                           Performamnce Highlights
                                                                                                                                                Ikhtisar Kinerja
                                                                                                                                           Laporan Manajemen
                                                                                                                                           Management Report
                                                                                                                                           Profil Perusahaan
                                                                                                                                            Company Profile
Pemenuhan Kewajiban Perpajakan                                       Fulfillment of Tax Obligations
Perseroan berkomitmen untuk senantiasa patuh dan taat pada           The Company is committed to always complying and adhering to




                                                                                                                                           Analisis dan Pembahasan Manajemen
peraturan dan perundang-undangan perpajakan yang berlaku             applicable tax laws and regulations so that there are no tax issues




                                                                                                                                            Management Discussion and Analysis
sehingga tidak terdapat persoalan pajak selama ini. Hal yang         until now. All related to tax obligations to the government are
berhubungan dengan kewajiban perpajakan kepada pemerintah            endeavored to be fulfilled before the deadline.
diusahakan untuk dipenuhi sebelum ketentuan batas akhirnya.

Ketidaksesuaian Laporan Tahunan dan Laporan                          Discrepancies between Annual Report and Financial
Keuangan                                                             Statement
Seluruh penyajian informasi keuangan dalam Laporan Tahunan           All financial information presented in the 2023 Annual Report
2022 merujuk pada Laporan Keuangan untuk tahun-tahun yang            refers to the Financial Reports for the years ending on December
berakhir 31 Desember 2023 dan 31 Desember 2022 yang telah            31, 2023 and December 31, 2022 which have been audited by
diaudit oleh Kantor Akuntan Publik Mirawati Sensi Idris.             Mirawati Sensi Idris Public Accounting Firm.

Penyajian dan pengungkapan laporan keuangan konsolidasian            The presentation and disclosure of the consolidated financial
telah disusun dan disajikan sesuai Standar Akuntansi Keuangan di     statements are prepared and presented in accordance with
Indonesia, yaitu Pernyataan Standar Akuntansi Keuangan (PSAK),       Financial Accounting Standards in Indonesia, including the




                                                                                                                                           Human Capital
                                                                                                                                           Human Capital
yang diterbitkan oleh Ikatan Akuntan Indonesia (IAI) dan Peraturan   Statement of Financial Accounting Standards (PSAK), issued by
Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-            the Indonesian Accountants Association (IAI) and the Capital
LK) No. VIII.G.7 tentang Pedoman Penyajian Laporan Keuangan,         Market and Financial Institutions Supervisory Agency (Bapepam-
dengan Surat Keputusan Ketua Bapepam-LK No. KEP-347/BL/2012          LK) Regulation No. VIII.G.7 concerning Guidelines for Presenting
tentang Penyajian dan Pengungkapan Laporan Keuangan Emiten           Financial Statements, with the Chairman of Bapepam-LK Decree
atau Perusahaan Publik.                                              No. KEP-347/BL/2012 concerning Presentation and Disclosure of
                                                                     Financial Statements of Issuers or Public Companies.
                                                                                                                                           Tata Kelola Perusahaan
                                                                                                                                            Corporate Governance




Pengungkapan Segmen Operasi pada Laporan                             Disclosure of Operating Segments in the Financial
Keuangan                                                             Statements
Perseroan telah menyajikan segmen operasi menurut                    The Company has presented operating segments according to
pengelompokkan (segmen) jenis usaha sebagai bentuk pelaporan         business segments as a form of primary and secondary reporting
segmen primer dan segmen sekunder yang dikelompokkan                 segments which are grouped based on control units, as presented
berdasarkan unit pengendalian, seperti yang telah disampaikan        in the 2023 Audited Financial Statements note number 42.
dalam Laporan Keuangan Teraudit tahun 2023 catatan nomor 42.         These disclosures refer to the provisions contained in PSAK No.
Pengungkapan tersebut mengacu pada ketentuan yang tercantum          5 (2015 Amendment) concerning Operating Segments, and for
dalam PSAK No. 5 (Penyesuaian 2015) tentang Segmen Operasi,          management purposes.
dan untuk kepentingan manajemen.
                                                                                                                                           Laporan Keberlanjutan
                                                                                                                                            Sustainability Report




Kesesuaian Buku Laporan Tahunan dan Laporan                          Compatibility of Annual Report Books and Digital
Tahunan Digital                                                      Annual Report
Laporan Tahunan digital Perseroan baik yang disampaikan kepada       The Company’s digital Annual Report submitted to shareholders,
pemegang saham, pemangku kepentingan, maupun yang telah              stakeholders, and uploaded on the official website of the Company
diunggah pada situs web resmi Perseroan dan Otoritas Pasar           and Capital Market Authority is similar with the Annual Report book
Modal telah sesuai dengan buku Laporan Tahunan yang dicetak          printed and published by the Company.
dan diterbitkan oleh Perseroan.



                                                                                                2023 Integrated Annual Report      213
Page 216
PT Jakarta International Hotels & Development Tbk




Akses Informasi dan Data Perusahaan
Access to Company Information and Data

Perseroan menyediakan informasi-informasi yang secara berkala                The Company regularly provides updated information regarding
diperbarui perihal aktivitas operasional, proses usaha dan capaian-          its operational activities, business processes and performance
capaian kinerja melalui media: SPE OJK, IDX Net, website internal            achievements through the media: SPE OJK, IDX Net, internal
dan surat kabar, dan sarana: RUPS dan Paparan Publik. Perseroan              website and newspapers, and facilities: GMS and Public Expose.
dengan komitmen yang tinggi terhadap prinsip transparansi dan                The Company is highly committed to the principles of information
keterbukaan informasi senantiasa mengupayakan kemudahan                      disclosure and transparency and always facilitates stakeholders in
bagi para pemangku kepentingan untuk memperolehnya.                          obtaining the information.

Forum Komunikasi Internal                                                    Internal Communication Forum
Perseroan mengupayakan informasi-informasi berisikan kebijakan               The Company strives to provide information on policies and
dan pengumuman berkaitan aktivitas perusahaan dengan cepat                   announcements relating to company activities quickly and can be
tersedia, dan bisa diakses dengan mudah oleh seluruh karyawan.               easily accessible by all employees. The Company uses internal
Perseroan menggunakan memo internal yang disampaikan melalui                 memos which are delivered via email to all employees.
email kepada seluruh karyawan.

Rapat Inter departemen dengan para manajer unit kerja yang                   The inter-departmental meetings with work unit managers is led
dipimpin oleh Sekretaris Perusahaan, yang diadakan setiap bulan,             by the Corporate Secretary and are held every month is a forum of
merupakan sarana komunikasi dan diskusi untuk membahas,                      communication and discussion to discuss, evaluate and determine
mengevaluasi dan menetapkan rencana tindak lanjut terhadap                   follow-up plans for the achievement of work program objectives
pencapaian objektif program kerja di unit-unit terkait, sebelum              in related units, before being forwarded for discussion in Board of
nantinya diteruskan untuk dibahas dalam rapat Direksi yang juga              Directors regular meetings.
diadakan secara rutin.

Rapat inter departemen telah diadakan sebanyak 12 kali di 2023,              The inter-departmental meetings have been held 12 times in 2023,
dan juga akan diadakan sebanyak 12 kali di 2024 dengan jadwal                and will also be held 12 times in 2024 with the following schedule:
di bawah ini:


  Tahun
                 Jan        Feb        Mar       Apr        Mei        Jun           Jul        Agu        Sep        Okt        Nov        Des
   Year

2024        11         16         14         6         16         13            11         15         12         17         14         12

2023        12         9          16         6         11         15            13         10         7          12         16         14


Situs Web                                                                    Website
Situs Perseroan www.jihd.co.id yang disajikan dalam bahasa                   The Company’s website, www.jihd.co.id, which is presented in
Indonesia dan bahasa Inggris merupakan media komunikasi                      Indonesian and English is a communication forum provided for
yang disediakan untuk pemangku kepentingan secara mudah                      stakeholders to easily access information related to the Company in
untuk mengakses informasi terkait Perseroan dalam hal kebijakan              terms of policies and important information, including brief history,
dan informasi penting, seperti sejarah singkat, kegiatan usaha,              business activities, Annual Reports and Financial Statements,
Laporan Tahunan dan Laporan Keuangan, tanggung jawab sosial                  corporate social responsibility, press releases, etc.
perusahaan, siaran pers, dan lain-lain.

Siaran Pers                                                                  Press Release
Perseroan menerbitkan press release atau siaran pers disediakan              The Company publishes press releases through printed and
melalui media cetak dan media elektronik, serta situs web                    electronic media, as well as the Company’s website. The Company
Perseroan. Perseroan mengeluarkan press release pada RUPST                   issued a press release at the AGMS and EGMS on June 27, 2023.
dan RUPSLB pada 27 Juni 2023.

Rapat Umum Pemegang Saham                                                    General Meeting of Shareholders
Perseroan melalui Rapat Umum Pemegang Saham (RUPS)                           Through the General Meeting of Shareholders (GMS), the
menyampaikan informasi mengenai capaian kinerja operasional                  Company conveys information regarding operational performance
dan hal-hal yang membutuhkan persetujuan keputusan pemegang                  and matters that require approval from shareholder decisions. The
saham. RUPS yang berupa Rapat Umum Pemegang Saham                            GMS in the form of the Annual General Meeting of Shareholders
Tahunan (RUPST) dan Rapat Umum Pemegang Saham Luar Biasa                     (AGMS) and the Extraordinary General Meeting of Shareholders
(RUPSLB) merupakan media pengambilan keputusan tertinggi di                  (EGMS) is the highest decision-making forum in the Company. In
Perseroan. Di 2023 telah diselenggarakan satu kali RUPST dan                 2023, one AGMS and one EGMS were held sequentially on June
satu kali RUPSLB yang diselenggarakan secara berurutan pada                  27, 2023. Detailed information regarding the Company’s GMS can
27 Juni 2023. Informasi selengkapnya mengenai RUPS Perseroan                 be seen on this Annual Report.
dapat dilihat pada Laporan Tahunan ini.




214       Laporan Tahunan Terintegrasi 2023
Page 217
                                                                                        Integrating Excellence for Sustainability




Paparan Publik                                                      Public Expose




                                                                                                                                          Prologue
                                                                                                                                           Prolog
                                                                                                                                          Performamnce Highlights
                                                                                                                                               Ikhtisar Kinerja
                                                                                                                                          Laporan Manajemen
                                                                                                                                          Management Report
                                                                                                                                          Profil Perusahaan
                                                                                                                                           Company Profile
Paparan publik merupakan salah satu sarana akses dan                Public expose is a means access and information transformation
transformasi informasi melalui metode presentasi kepada             through presentation methods to the public, shareholders,
masyarakat, pemegang saham, pemangku kepentingan, dan               stakeholders and invited parties. In accordance with Indonesian
pihak-pihak yang diundang. Sesuai dengan Peraturan Bursa Efek       Stock Exchange Regulation No. I-E concerning the Obligation to
Indonesia No I-E tentang Kewajiban Penyampaian Informasi,           Submit Information, every listed company is required to hold public




                                                                                                                                          Analisis dan Pembahasan Manajemen
setiap perusahaan tercatat diwajibkan melaksanakan sekurang-        expose at least once a year physically and/or electronically.




                                                                                                                                           Management Discussion and Analysis
kurangnya 1 (satu) kali dalam setahun dengan tatap muka secara
langsung dan/atau elektronik.

Paparan Publik Perseroan 2023 diadakan pada 27 Juni 2023,           The Company’s 2023 Public Expose was held on June 27, 2023,
yang dilaksanakan pukul 12.05-12.55 WIB, setelah selesainya         which was held at 12.05-12.55 WIB, after the completion of the
penyelenggaraan RUPST dan RUPSLB di Hotel Borobudur Jakarta.        AGMS and EGMS at the Borobudur Hotel, Jakarta. With an agenda
Dengan agenda berupa presentasi capaian yang dicapai di 2022-       of presentation of achievements in 2022-2023, and work plans for
2023, dan rencana kerja untuk 2024.                                 2024.

Paparan publik tersebut dihadiri oleh Direksi Perseroan, yang       The public expose was attended by the Company’s Board
diwakili oleh Lanny Pujilestari Liga, Agung Rin Prabowo, Hendi      of Directors, represented by Lanny Pujilestari Liga, Agung
Lukman, Tony Soesanto, dan Hendra Kurniawan, serta dihadiri         Rin Prabowo, Hendi Lukman, Tony Soesanto, and Hendra
oleh investor retail dan undangan. Hasil dari pelaksanaan paparan   Kurniawan, as well as attended by retail investors and
publik telah dilaporkan kepada Bursa Efek Indonesia melalui surat   guests. The public expose results have been reported to the




                                                                                                                                          Human Capital
                                                                                                                                          Human Capital
No. 0158/HIR-DIR/JIHD/VI/2023 tanggal 27 Juni 2023, dan laporan     Indonesian Stock Exchange via letter No. 0158/HIR-DIR/JIHD/
tersebut dapat diakses pada website Bursa Efek Indonesia dan        VI/2023 dated June 27, 2023, and the report can be accessed
Perseroan.                                                          on the Indonesian Stock Exchange and Company websites.


                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                           Corporate Governance
                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                           Sustainability Report




                                                                                               2023 Integrated Annual Report      215
Page 218
PT Jakarta International Hotels & Development Tbk




Penerapan Atas Pedoman Tata Kelola Perusahaan
Terbuka
Implementation on Corporate Governance Guidelines for Public
Companies

Perseroan berupaya memenuhi rekomendasi-rekomendasi                                      The Company strives to comply with the recommendations of OJK
sesuai Peraturan OJK No. 21/POJK.04/2015 tentang Penerapan                               Regulation No. 21/POJK.04/2015 concerning the Implementation
Pedoman Tata Kelola Perusahaan Terbuka dan Surat Edaran No.                              of Public Company Governance Guidelines and Circular Letter
32/SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan                                  No. 32/SEOJK.04/2015 concerning Public Company Governance
Terbuka.                                                                                 Guidelines.

Dalam penerapan 5 (lima) aspek, 8 (delapan) prinsip, serta 25 (dua                       In the implementation of 5 (five) aspects, 8 (eight) principles, and
puluh lima) rekomendasi penerapan tata kelola perusahaan yang                            25 (twenty-five) recommendations for the implementation of good
baik di sepanjang tahun 2022, diungkapkan dengan pendekatan                              corporate governance throughout 2022, it is expressed with a
“comply or explain.”                                                                     “comply or explain” approach.

                                       Aspek/Prinsip/Rekomendasi                                                                         Keterangan
 No.                                                                                                      Status
                                    Aspects/Principles/Recommendations                                                                   Description

  1    Hubungan Perusahaan Terbuka dengan Pemegang Saham dalam Menjamin Hak-Hak Pemegang Saham
       Relationship between the Public Company and Shareholders in Guaranteeing Shareholders’ Rights
       1        Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
                Improving the Value of Convening General Meeting of Shareholders (GMS)

                  1    Perusahaan Terbuka memiliki cara atau prosedur teknis pengumpulan Terpenuhi                     •   Prosedur pengambilan keputusan atas mata
                       suara (voting), baik secara terbuka maupun tertutup yang mengedepankan Complied                     acara Rapat, tercantum dalam tata tertib RUPS
                       independensi, dan kepentingan Pemegang Saham.                                                       yang telah disampaikan kepada pemegang
                       Public Company has technical voting methods or procedures,                                          saham sebelum Rapat dimulai;
                       either open or close, prioritizing independence and interest of Shareholders.                   •   Perseroan     telah   menunjuk    pihak-pihak
                                                                                                                           independen yaitu Biro Administrasi Efek PT
                                                                                                                           Raya Saham Registra dan Notaris Mochamad
                                                                                                                           Nova Faisal, S.H., M.Kn. dalam melakukan
                                                                                                                           proses      penghitungan   suara     dan/atau
                                                                                                                           melakukan validasi dalam rapat.
                                                                                                                       •   The procedures for decision making on the
                                                                                                                           Meeting agenda are stated in the GMS rules of
                                                                                                                           procedure which have been submitted to the
                                                                                                                           shareholders before the Meeting begins;
                                                                                                                       •   The Company has appointed independent
                                                                                                                           parties, namely the Securities Administration
                                                                                                                           Bureau PT Raya Saham Registra and Notary
                                                                                                                           Mochamad Nova Faisal, S.H., M.Kn. in
                                                                                                                           conducting the vote counting process and/or
                                                                                                                           validating the meeting.

                  2    Seluruh anggota Direksi dan anggota Dewan Komisaris Perusahaan Terbuka hadir Hampir Terpenuhi   Seluruh anggota Direksi dan 4 anggota Dewan
                       dalam RUPS Tahunan.                                                          Almost Complied    Komisaris hadir dalam RUPS Tahunan tanggal 27
                       All members of Board of Directors and members of Board of Commissioners of                      Juni 2023.
                       Public Company attend the Annual GMS.                                                           All members of the Board of Directors and 4
                                                                                                                       members of the Board of Commissioners attended
                                                                                                                       the EGMS on June 27, 2023.

                  3    Ringkasan risalah RUPS tersedia dalam Situs Web Perusahaan Terbuka paling     Terpenuhi         Tersedia dalam situs web Perseroan sejak 27 Juni
                       sedikit selama 1 (satu) tahun.                                                Complied          2023 (RUPST dan RUPSLB) untuk paling sedikit
                       Summary of the GMS minutes is available on the Public Company’s website for                     selama 1 (satu) tahun.
                       at least 1 year.                                                                                Available on the Company’s website since June 27,
                                                                                                                       2023 (AGMS and EGMS) for at least 1 (one) year.

           2    Meningkatkan Kualitas Komunikasi Perusahaan Terbuka dengan Pemegang Saham atau
                Investor.
                Improving the Communication Quality between the Public Company and Shareholders or
                Investors.

                  1    Perusahaan Terbuka memiliki suatu kebijakan komunikasi dengan Pemegang Terpenuhi                Kebijakan komunikasi tercantum dalam Pedoman
                       Saham atau investor.                                                        Complied            Tata Kelola Perseroan dengan media dan sarana,
                       Public Company has communication policy with the Shareholders or Investors.                     antara lain: RUPS, Paparan Publik, Situs Resmi
                                                                                                                       Perusahaan dan Roadshow.
                                                                                                                       Communication policy is stated in the Company’s
                                                                                                                       Good Corporate Governance Guidelines with media
                                                                                                                       and means, among others: GMS, Public Expose,
                                                                                                                       Company Official Website and Roadshow.

                  2    Perusahaan Terbuka mengungkapkan kebijakan komunikasi Perusahaan Terbuka Terpenuhi              •   Sebagian kebijakan terkait komunikasi dengan
                       dengan Pemegang Saham atau investor dalam Situs Web.                     Complied                   pemegang saham atau investor telah tersedia
                       Public Company discloses the communication policy of Public Company with                            dalam situs JIHD pada Menu Tata Kelola.
                       Shareholders or investors on the website.                                                       •   Dalam situs Perseroan juga tersedia alamat,
                                                                                                                           nomor telepon dan email yang dapat dihubungi.
                                                                                                                       •   Some policies related to communication with
                                                                                                                           shareholders or investors are available on
                                                                                                                           JIHD’s website in the Governance Menu.
                                                                                                                       •   The Company’s website also provides the
                                                                                                                           address, telephone number and email address
                                                                                                                           that can be contacted.




216        Laporan Tahunan Terintegrasi 2023
Page 219
                                                                                                                  Integrating Excellence for Sustainability




                                      Aspek/Prinsip/Rekomendasi                                                                            Keterangan
No.                                                                                                        Status
                                   Aspects/Principles/Recommendations                                                                      Description




                                                                                                                                                                                  Prologue
                                                                                                                                                                                   Prolog
2     Fungsi dan Peran Dewan Komisaris | Functions and Roles of the Board of Commissioners.

        3     Memperkuat Keanggotaan dan Komposisi Dewan Komisaris.
              Strengthening Board of Commissioners Membership and Composition.




                                                                                                                                                                                  Performamnce Highlights
                1     Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi Terpenuhi                      Jumlah anggota Dewan Komisaris termasuk
                      Perusahaan Terbuka.                                                           Complied           Komisaris Independen telah sesuai dengan




                                                                                                                                                                                       Ikhtisar Kinerja
                      The determination of number of Board of Commissioners considers the condition                    peraturan yang berlaku, dan tidak lebih banyak dari
                      of the Public Company.                                                                           jumlah Direksi.
                                                                                                                       The number of members of the Board of
                                                                                                                       Commissioners,          including      Independent
                                                                                                                       Commissioners, is in accordance with the prevailing
                                                                                                                       regulations, and is not more than the number of the
                                                                                                                       Board of Directors.

                2     Penentuan komposisi anggota Dewan Komisaris memperhatikan keberagaman Terpenuhi                  •   Komposisi anggota Dewan Komisaris telah
                      keahlian, pengetahuan, dan pengalaman yang dibutuhkan.                       Complied                memenuhi aspek keberagaman keahlian,
                      The determination of composition of the Board of Commissioners considers the                         pengetahuan,        dan     pengalaman        yang




                                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                                  Management Report
                      diversity of expertise, knowledge, and experience required.                                          dibutuhkan sesuai dengan bidang usaha
                                                                                                                           Perseroan.
                                                                                                                       •   Diungkapkan dalam profil singkat Dewan
                                                                                                                           Komisaris dalam Laporan Tahunan ini.
                                                                                                                       •   The composition of the Board of Commissioners
                                                                                                                           has fulfilled the aspects of diversity of expertise,
                                                                                                                           knowledge, and experience required in the
                                                                                                                           Company’s business sector.
                                                                                                                       •   Disclosed in the brief profile of the Board of
                                                                                                                           Commissioners in this Annual Report.

        4     Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris.




                                                                                                                                                                                  Profil Perusahaan
              Improving the Implementation Quality of Duties and Responsibilities of the Board of




                                                                                                                                                                                   Company Profile
              Commissioners.

                1     Dewan Komisaris mempunyai kebijakan penilaian sendiri (self-assessment) untuk   Terpenuhi        Kebijakan penilaian sendiri tercantum dalam Piagam
                      menilai kinerja Dewan Komisaris.                                                Complied         Dewan Komisaris.
                      The Board of Commissioners has self-assessment policy to assess the                              The self-assessment policy is stated in the Board of
                      performance of the Board of Commissioners.                                                       Commissioners Charter.

                2     Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Dewan Terpenuhi              Kebijakan penilaian sendiri Dewan Komisaris
                      Komisaris, diungkapkan melalui Laporan Tahunan Perusahaan Terbuka.        Complied               diungkapkan dalam Laporan Tahunan ini.
                      The self-assessment policy to assess the performance of the Board of                             The Board of Commissioners’ self-assessment policy
                      Commissioners is disclosed through the Public Company’s Annual Report.                           is disclosed in this Annual Report.




                                                                                                                                                                                  Analisis dan Pembahasan Manajemen
                                                                                                                                                                                   Management Discussion and Analysis
                3     Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota Dewan      Terpenuhi        Kebijakan Perseroan terkait pengunduran diri
                      Komisaris apabila terlibat dalam kejahatan keuangan.                            Complied         anggota Dewan Komisaris dengan berbagai alasan
                      The Board of Commissioners has policy related to resignation of members of                       telah termuat dalam Anggaran Dasar dan Piagam
                      Board of Commissioners if involved in financial                                                  Dewan Komisaris.
                      crime.                                                                                           The Company’s policy regarding the resignation of
                                                                                                                       members of the Board of Commissioners for various
                                                                                                                       reasons is contained in the Company’s Articles
                                                                                                                       of Association and the Board of Commissioners
                                                                                                                       Charter.

                4     Dewan Komisaris atau Komite yang menjalankan fungsi Nominasi dan Remunerasi Terpenuhi            Kebijakan proses nominasi anggota Direksi merujuk
                      menyusun kebijakan suksesi dalam proses Nominasi anggota Direksi.             Complied           Peraturan OJK No. 34/POJK.04/2014 tentang Komite
                      The Board of Commissioners or Committees performing the Nomination and                           Nominasi dan Remunerasi Emiten atau Perusahaan
                      Remuneration Functions prepares a succession policy in the nomination process                    Publik, dan tercantum dalam Piagam Dewan Direksi.
                      of members of Board of Directors.                                                                The nomination process policy for members of the
                                                                                                                       Board of Directors refers to OJK Regulation No. 33/
                                                                                                                       POJK.04/2014 on the Board of Directors and Board
                                                                                                                       of Commissioners of Issuers or Public Companies
                                                                                                                       and is stated in the Board of Directors Charter.




                                                                                                                                                                                  Human Capital
                                                                                                                                                                                  Human Capital
3     Fungsi dan Peran Direksi | Functions and Roles of the Board of Directors

        5     Memperkuat Keanggotaan dan Komposisi Direksi.
              Strengthening Membership and Composition of the Board of Directors.

                1     Penentuan jumlah anggota Direksi mempertimbangkan kondisi Perusahaan Terpenuhi                   Penentuan jumlah anggota Direksi berpedoman pada
                      Terbuka serta efektivitas dalam pengambilan keputusan.                           Complied        peraturan yang berlaku dan mempertimbangkan
                      The determination of number of Board of Directors considers the Public Company’s                 kondisi sebagai perusahaan terbuka.
                      condition and effectiveness in decision making.                                                  The determination of the number of members of
                                                                                                                       the Board of Directors is guided by the prevailing
                                                                                                                       regulations and considers the condition as a public
                                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                                   Corporate Governance



                                                                                                                       company.

                2     Penentuan komposisi anggota Direksi memperhatikan, keberagaman keahlian,        Terpenuhi        •   Komposisi anggota Direksi telah memenuhi
                      pengetahuan, dan pengalaman yang dibutuhkan.                                    Complied             aspek keberagaman keahlian, pengetahuan,
                      The determination of composition of Board of Directors considers the range of                        dan pengalaman yang dibutuhkan sesuai
                      expertise, knowledge, and experience required.                                                       bidang usaha Perseroan.
                                                                                                                       •   Diungkapkan dalam profil singkat Direksi dalam
                                                                                                                           Laporan Tahunan ini
                                                                                                                       •   The composition of the Board of Directors has
                                                                                                                           fulfilled the aspects of diversity of expertise,
                                                                                                                           knowledge, and experience required in
                                                                                                                           accordance with the Company’s business
                                                                                                                           sector.
                                                                                                                       •   Disclosed in the brief profile of the Board of
                                                                                                                                                                                  Laporan Keberlanjutan




                                                                                                                           Directors in this Annual Report.
                                                                                                                                                                                   Sustainability Report




                                                                                                                        2023 Integrated Annual Report                    217
Page 220
PT Jakarta International Hotels & Development Tbk




                                      Aspek/Prinsip/Rekomendasi                                                                         Keterangan
 No.                                                                                                     Status
                                   Aspects/Principles/Recommendations                                                                   Description

                 3    Anggota Direksi yang membawahi bidang akuntansi atau keuangan memiliki            Terpenuhi   •    Direktur yang membawahi bidang akuntansi
                      keahlian dan/atau pengetahuan di bidang akuntansi.                                Complied         atau keuangan memiliki keahlian dan/atau
                      Member of the Board of Directors in charge of accounting or                                        pengetahuan di bidang akuntansi yang
                      finance have the skills and/or knowledge in accounting.                                            dibuktikan dengan latar belakang pendidikan,
                                                                                                                         sertifikasi pelatihan dan/atau pengalaman kerja
                                                                                                                         terkait.
                                                                                                                    •    Diungkapkan dalam profil singkat Direksi dalam
                                                                                                                         Laporan Tahunan ini.
                                                                                                                    •    Director in charge of accounting or finance has
                                                                                                                         expertise and/or knowledge in accounting as
                                                                                                                         evidenced by educational background, training
                                                                                                                         certification and/or related work experience.
                                                                                                                    •    Disclosed in the brief profile of the Board of
                                                                                                                         Directors in this Annual Report.

         6    Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi.
              Improving the Implementation Quality of Duties and Responsibilities of the Board of
              Directors.

                 1    Direksi mempunyai kebijakan penilaian sendiri (self-assessment) untuk menilai     Terpenuhi   Direksi telah memiliki mempunyai kebijakan
                      kinerja Direksi.                                                                  Complied    penilaian sendiri yang tercantum Piagam Direksi.
                      The Board of Directors has self-assessment policy to assess the Board of                      The Board of Directors has a self-assessment policy
                      Directors’ performance.                                                                       as stated in the Board of Directors Charter.

                 2    Kebijakan penilaian sendiri (self-assessment) untuk menilai kinerja Direksi       Terpenuhi   Kebijakan penilaian sendiri Direksi diungkapkan
                      diungkapkan melalui laporan tahunan Perusahaan Terbuka.                           Complied    dalam Laporan Tahunan ini
                      The self-assessment policy to assess the Directors’ performance is disclosed                  The Board of Directors’ self-assessment policy is
                      through the Public Company’s Annual Report.                                                   disclosed in this Annual Report.

                 3    Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi apabila      Terpenuhi   Kebijakan Perseroan terkait pengunduran diri
                      terlibat dalam kejahatan keuangan.                                                Complied    anggota Direksi dengan berbagai alasan telah
                      The Board of Directors has policy related to resignation of members of Board of               termuat dalam Anggaran Dasar, Piagam Direksi, dan
                      Directors if involved in financial crime.                                                     Pedoman Tata Kelola Perseroan.
                                                                                                                    The Company’s policy regarding the resignation
                                                                                                                    of members of the Board of Directors for various
                                                                                                                    reasons has been contained in the Articles of
                                                                                                                    Association, the Board of Directors Charter, and the
                                                                                                                    Corporate Governance Guidelines.

  4    Partisipasi Pemangku Kepentingan | Stakeholders Participation

         7    Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
              Improving the Corporate Governance Aspect through Stakeholders
              Participation.

                 1    Perusahaan Terbuka memiliki kebijakan untuk mencegah terjadinya insider           Terpenuhi   Telah tercantum dalam Kode Etik Perseroan di Bab
                      trading.                                                                          Complied    Hubungan Karyawan pada bagian Investasi Pribadi.
                      The Public Company has a policy to prevent the occurrence of                                  Has been stated in the Company’s Code of Conduct
                      insider trading.                                                                              in the Employee Relations Chapter in the Personal
                                                                                                                    Investment section.

                 2    Perusahaan Terbuka memiliki kebijakan antikorupsi dan anti-fraud.                 Terpenuhi   Telah tercantum dalam Kode Etik Perseroan di Bab
                      Public Company has anti-corruption and anti-fraud policies.                       Complied    Hubungan dengan Regulator pada bagian Kebijakan
                                                                                                                    Anti Pencucian Uang dan Pencegahan Fraud.
                                                                                                                    Has been stated in the Company’s Code of Conduct
                                                                                                                    in the Chapter on Relations with Regulators in the
                                                                                                                    section on Anti-Money Laundering and Fraud
                                                                                                                    Prevention Policy.

                 3    Perusahaan Terbuka memiliki kebijakan tentang seleksi dan peningkatan             Terpenuhi   Telah tercantum dalam Buku Putih Pengadaan
                      kemampuan pemasok atau vendor.                                                    Complied    Barang dan Jasa Perseroan.
                      Public Company has a policy on selection and improvement of supplier or vendor                Has been stated in the Company’s White Paper on
                      capabilities.                                                                                 Goods and Services Procurement.

                 4    Perusahaan Terbuka memiliki kebijakan tentang pemenuhan hak-hak kreditur.         Terpenuhi   Kebijakan pemenuhan hak-hak kreditur belum
                      Public Company has a policy on the fulfillment of creditors’ rights.              Complied    dimiliki oleh Perseroan.
                                                                                                                    The Company is yet to have a policy on the fulfillment
                                                                                                                    of creditors’ rights.

                 5    Perusahaan Terbuka memiliki kebijakan sistem whistleblowing.                      Terpenuhi   Telah tercantum dalam Kode Etik Perseroan di
                      Public Company has policies of whistleblowing system.                             Complied    Bab Pelaporan Atas Pelanggaran atau Potensi
                                                                                                                    Pelanggaran.
                                                                                                                    Has been stated in the Company’s Code of Conduct
                                                                                                                    under the Reporting of Violations or Potential
                                                                                                                    Violations Chapter.

                 6    Perusahaan Terbuka memiliki kebijakan pemberian insentif jangka panjang           Terpenuhi   Pemberian insentif jangka panjang kepada Direksi
                      kepada Direksi dan karyawan.                                                      Complied    dan karyawan mengikuti ketentuan ketenagakerjaan
                      The Public Company has a long-term incentive policy for the Board of Directors                yang berlaku.
                      and employees.                                                                                The provision of long-term incentives for the Board
                                                                                                                    of Directors and employees follow the applicable
                                                                                                                    labor regulations.




218    Laporan Tahunan Terintegrasi 2023
Page 221
                                                                                                                   Integrating Excellence for Sustainability




                                     Aspek/Prinsip/Rekomendasi                                                                              Keterangan
No.                                                                                                         Status
                                  Aspects/Principles/Recommendations                                                                        Description




                                                                                                                                                                                Prologue
                                                                                                                                                                                 Prolog
5     Keterbukaan Informasi | Information Disclosure

        8    Meningkatkan Pelaksanaan Keterbukaan Informasi.
             Improving the Implementation of Information Disclosure.




                                                                                                                                                                                Performamnce Highlights
                1    Perusahaan Terbuka memanfaatkan penggunaan teknologi informasi secara lebih       Terpenuhi        Sarana dan media keterbukaan informasi tentang
                     luas selain Situs Web sebagai media keterbukaan informasi.                        Complied         Perseroan dapat diakses melalui situs web




                                                                                                                                                                                     Ikhtisar Kinerja
                     The Public Company utilized the use of information technology more broadly than                    Perseroan dan hasil pelaporan secara elektronik
                     the website as a media for information disclosure.                                                 (IDXNet dan OJK Reporting).
                                                                                                                        Information disclosure facilities and media about the
                                                                                                                        Company can be accessed through the Company’s
                                                                                                                        website and electronic reporting results (IDXNet and
                                                                                                                        OJK Reporting).

                2    Laporan Tahunan Perusahaan Terbuka mengungkapkan pemilik manfaat Terpenuhi                         Perseroan telah mengungkapkan pemilik manfaat
                     akhir dalam kepemilikan saham Perusahaan Terbuka paling sedikit 5%, selain Complied                akhir dalam kepemilikan saham Perusahaan paling
                     pengungkapan pemilik manfaat akhir dalam kepemilikan saham Perusahaan                              sedikit 5% (lima persen) dalam Laporan Tahunan.
                     Terbuka melalui Pemegang Saham Utama dan Pengendali.                                               The Company has disclosed the final beneficiary in




                                                                                                                                                                                Laporan Manajemen
                                                                                                                                                                                Management Report
                     The Public Company’s Annual Report discloses the final beneficiary of the                          the Company’s share ownership of at least 5% (five
                     Public Company’s share ownership of at least 5%, in addition to the disclosure                     percent) in the Annual Report
                     of final beneficiary in the share ownership of Public Company through Main and
                     Controlling Shareholders.




                                                                                                                                                                                Profil Perusahaan
                                                                                                                                                                                 Company Profile
                                                                                                                                                                                Analisis dan Pembahasan Manajemen
                                                                                                                                                                                 Management Discussion and Analysis
                                                                                                                                                                                Human Capital
                                                                                                                                                                                Human Capital
                                                                                                                                                                                Tata Kelola Perusahaan
                                                                                                                                                                                 Corporate Governance
                                                                                                                                                                                Laporan Keberlanjutan
                                                                                                                                                                                 Sustainability Report




                                                                                                                         2023 Integrated Annual Report                 219
Page 222
PT Jakarta International Hotels & Development Tbk




220   Laporan Tahunan Terintegrasi 2023
Page 223
                    Integrating Excellence for Sustainability



                    Laporan
               Keberlanjutan




                                                                Prologue
                                                                 Prolog
               Sustainability Report




                                                                Performamnce Highlights
                                                                     Ikhtisar Kinerja
                                                                Laporan Manajemen
                                                                Management Report
                       Tentang Laporan Keberlanjutan      222
                       About Sustainability Report
                       Ikhtisar Kinerja Berkelanjutan     225
                       Sustainability Performance
                       Overview
                       Strategi Keberlanjutan             227
                       Sustainability Strategy




                                                                Profil Perusahaan
                       Tata Kelola Keberlanjutan          228




                                                                 Company Profile
                       Sustainability Governance
                       Kinerja Keberlanjutan              233
                       Sustainability Performance
                       Lembar Umpan Balik                 269
                       Feedback Sheet
                       Tanggapan Terhadap Umpan Balik     270




                                                                Analisis dan Pembahasan Manajemen
                       Laporan Tahun Sebelumnya




                                                                 Management Discussion and Analysis
                       Response to the Previous Year’s
                       Report Feedback
                       Indeks POJK No. 51/POJK.03/2017    270
                       POJK Index No. 51/POJK.03/2017
                       [OJK G.5]
                       Indeks Konten GRI Standar 2021     273
                       GRI Standard Content Index 2021




                                                                Human Capital
                                                                Human Capital
                                                                Tata Kelola Perusahaan
                                                                 Corporate Governance
                                                                Laporan Keberlanjutan
                                                                 Sustainability Report




                          2023 Integrated Annual Report   221
Kawasan SCBD
Page 224
PT Jakarta International Hotels & Development Tbk




Tentang Laporan Keberlanjutan
About Sustainability Report


             PT Jakarta International Hotels & Development Tbk (untuk selanjutnya disebut Perseroan)
             berkomitmen untuk menjalankan bisnis dengan mengedepankan keselarasan antara
             pencapaian aspek ekonomi, sosial, dan lingkungan sejalan dengan prinsip keberlanjutan.
             Perseroan meyakini bahwa keberlanjutan adalah masa depan bersama dan menjadi
             tanggung jawab bersama untuk mewujudkannya.
             PT Jakarta International Hotels & Development Tbk (hereinafter referred to as the Company) is committed to
             conducting business by prioritizing harmony between the achievement of economic, social, and environmental
             aspects in line with the principle of sustainability. The Company believes that sustainability is a shared future
             and a shared responsibility to realize it.




Laporan Keberlanjutan Perseroan disusun secara terintegrasi         The Company’s Sustainability Report is compiled in an integrated
dalam satu buku bersama dengan Laporan Tahunan 2023,                manner in one book together with the 2023 Annual Report, which
yang dibuat secara berkala setiap tahun. [GRI 2-2] Laporan          is made regularly every year. [GRI 2-2] This Sustainability Report
Keberlanjutan ini memuat kinerja keberlanjutan Perseroan untuk      contains the Company’s sustainability performance for the period
periode 1 Januari-31 Desember 2023 di bidang lingkungan, sosial,    January 1-December 31, 2023 in the areas of environment, social,
dan tata kelola beserta dampaknya dalam menjalankan bisnis          and governance and its impact in running a sustainable business.
yang berkelanjutan. Laporan keberlanjutan ini merupakan yang        This is the Company’s fourth sustainability report. [GRI 2-3]
keempat dari Perseroan. [GRI 2-3]

Dengan format pelaporan terintegrasi, semua informasi yang          With the integrated reporting format, all information contained in
tercantum di dalam kedua laporan tersebut saling melengkapi         the two reports is complementary and related to each other, so
dan berkaitan satu sama lain, sehingga tidak diperlukan adanya      there is no need for repeated disclosure of data or information in
pengungkapan data atau informasi yang berulang baik pada            both the Annual Report and Sustainability Report sections.
bagian Laporan Tahunan maupun Laporan Keberlanjutan.

Data dan informasi yang terkait kinerja finansial dan tata kelola   Data and information related to financial performance and
merupakan hasil konsolidasi Perseroan untuk periode yang berakhir   governance are the consolidated results of the Company for
pada 31 Desember 2023. Seluruh informasi terkait kinerja ekonomi    the period ending December 31, 2023. All information related to
merujuk sebagaimana tercantum dalam laporan keuangan yang           economic performance refers as stated in the financial statements
telah diaudit oleh KAP Mirawati Sensi Idris. Sedangkan pelaporan    that have been audited by KAP Mirawati Sensi Idris. Meanwhile,
kinerja Lingkungan, Keselamatan dan Kesehatan kerja (LK3),          the Environmental, Safety and Health (EHS) performance reporting
berasal dari kegiatan-kegiatan yang dilakukan oleh Perseroan        is derived from activities carried out by the Company and its
bersama Entitas Anak.                                               subsidiaries.

Pedoman dan Assurance                                               Guidelines and Assurance
Penerbitan Laporan Keberlanjutan merupakan implementasi             The issuance of the Sustainability Report is an implementation of
dan tanggung jawab dan ketaatan Perseroan terhadap Pasal 74         the Company’s responsibility and compliance with Article 74 of
Undang-Undang No. 40 tahun 2007 tentang Perseroan Terbatas,         Law No. 40 of 2007 on Limited Liability Companies, which requires
yang mewajibkan Perseroan Terbatas menyampaikan pelaksanaan         Limited Liability Companies to submit the implementation of Social
kegiatan Tanggung Jawab Sosial dan Lingkungan (TJSL).               and Environmental Responsibility activities.

Dalam menyajikan pelaporannya, Perseroan menggunakan prinsip        In presenting its reporting, the Company uses the principle
materialitas dalam merespons isu-isu keberlanjutan yang dinilai     of materiality in responding to sustainability issues that are
penting bagi para pemangku kepentingan, juga penting bagi           considered important to stakeholders, as well as important for the
pengembangan kegiatan usaha.                                        development of business activities.




222    Laporan Tahunan Terintegrasi 2023
Page 225
                                                                                            Integrating Excellence for Sustainability




Penyusunan laporan ini berpedoman pada ketentuan Peraturan             The preparation of this report is guided by the provisions of




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
Otoritas Jasa Keuangan (POJK) No. 51/POJK.03/2017 tentang              the Financial Services Authority Regulation (POJK) No. 51/
Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan,           POJK.03/2017 on the Implementation of Sustainable Finance for
Emiten, dan Perusahaan Publik (POJK No. 51/2017), Surat Edaran         Financial Services Institutions, Issuers, and Public Companies
Otoritas Jasa Keuangan (SEOJK) No. 16/SEOJK.04/2021 tentang            (POJK No. 51/2017), Circular Letter of the Financial Services




                                                                                                                                                  Performamnce Highlights
Bentuk dan Isi Laporan Tahunan Emiten atau Perusahaan Publik           Authority (SEOJK) No. 16/SEOJK.04/2021 on the Form and Content
(SEOJK No. 16/2021), serta Standard GRI yang diterbitkan oleh          of the Annual Report of Issuers or Public Companies (SEOJK




                                                                                                                                                       Ikhtisar Kinerja
Global Sustainability Standards Board (GSBB), lembaga yang             No. 16/2021), as well as the GRI Standard issued by the Global
dibentuk oleh Global Reporting Initiative (GRI) untuk menangani        Sustainability Standards Board (GSBB), an institution established
pengembangan standar laporan keberlanjutan.                            by the Global Reporting Initiative (GRI) to handle the development
                                                                       of sustainability report standards.

Perseroan menyertakan penanda khusus berupa huruf dan angka            The Company includes special markers in the form of letters and
sesuai Lampiran II POJK No. 51/2017 dan SEOJK No. 16/2021, atau        numbers according to Appendix II POJK No. 51/2017 and SEOJK
pencantuman angka pengungkapan Standard GRI di belakang                No. 16/2021, or the inclusion of GRI Standard disclosure numbers




                                                                                                                                                  Laporan Manajemen
                                                                                                                                                  Management Report
kalimat atau alinea yang relevan. Data lengkap kecocokan isi           behind the relevant sentence or paragraph. Complete data on the
laporan dengan kedua rujukan disajikan di bagian belakang              suitability of the report content with both references is presented
laporan ini.                                                           at the back of this report.

Dalam laporan ini digunakan nominasi Rupiah, kecuali diindikasikan     In this report, the Rupiah nomination is used, unless otherwise
lain. Dalam melaporkan data keuangan, Perseroan menggunakan            indicated. In reporting financial data, the Company uses techniques
teknik berdasarkan Pernyataan Standar Akuntansi Keuangan               based on the Indonesian Statement of Financial Accounting
(PSAK) Indonesia. Sedangkan untuk data keberlanjutan, digunakan        Standards (PSAK). As for sustainability data, internationally accepted




                                                                                                                                                  Profil Perusahaan
teknik pengukuran data yang berlaku secara internasional. Dan          data measurement techniques are used. And to support the




                                                                                                                                                   Company Profile
untuk mendukung validitas isi laporan, apabila terdapat pernyataan     validity of the report content, if there is a restatement of information
ulang informasi yang diberikan dalam laporan sebelumnya, akan          provided in the previous report, it will be marked *restated. In this
diberi tanda *disajikan kembali. Pada laporan ini, penyajian kembali   report, restatements include information/narratives on energy,
antara lain berkaitan dengan informasi/narasi tentang energi,          energy consumption intensity and greenhouse gas emissions due
intensitas konsumsi energi dan emisi gas rumah kaca karena             to differences in coverage and/or changes in data. [GRI 2-4]
terdapat perbedaan cakupan dan/atau perubahan data. [GRI 2-4]




                                                                                                                                                  Analisis dan Pembahasan Manajemen
Laporan Keberlanjutan Perseroan 2023 belum dijamin oleh                The Company’s Sustainability Report 2023 has not been assured




                                                                                                                                                   Management Discussion and Analysis
lembaga pemastian (assurance) eksternal sehingga belum                 by an external assurance organization, so there is no written
terdapat verifikasi tertulis dari pihak independen. Namun,             verification from an independent party. However, the Company
Perseroan memastikan semua informasi yang diungkapkan dalam            ensures that all information disclosed in this report has undergone
laporan ini telah menjalankan tahapan verifikasi internal (diperiksa   internal verification (checked and validated) to ensure the quality,
dan divalidasi) untuk menjamin kualitas, kredibilitas, dan akurasi     credibility, and accuracy of the information contained in this report.
informasi yang tercantum dalam Laporan ini. [OJK G.1] [GRI 2-5]        [OJK G.1] [GRI 2-5]

Ruang Lingkup Laporan                                                  Scope of The Report
Laporan keberlanjutan ini memaparkan topik-topik, dengan               This sustainability report presents topics, with the latest data and
dilengkapi data dan informasi terkini yang relevan bagi para           information relevant to stakeholders. The sustainability topics
pemangku kepentingan. Topik keberlanjutan yang dibahas                 discussed in this report are those that are considered influential
dalam laporan ini adalah hal-hal yang dinilai berpengaruh dan          and have a significant impact on the Company’s performance, and
memiliki dampak siginifikan terhadap kinerja Perseroan, dan            are important concerns for Stakeholders in making decisions.
menjadi perhatian penting bagi Pemangku Kepentingan dalam




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
pengambilan keputusan.

Topik yang akan dipaparkan telah dirumuskan dan ditetapkan             The topics to be presented have been formulated and determined
secara matang dan berimbang sebelum penulisan Laporan.                 carefully and balanced prior to the writing of the Report. Each
Setiap aspek material dan batasan-batasannya mengungkapkan             material aspect and its boundaries reveal the sustainability policies,
kebijakan, pencapaian, dan tantangan keberlanjutan yang dihadapi       achievements and challenges faced by the Company throughout
Perseroan di sepanjang periode pelaporan.                              the reporting period.
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance




Pada Laporan Keberlanjutan 2023 tidak terdapat perubahan               In the 2023 Sustainability Report, there are no changes in material
terkait topik material dibanding tahun sebelumnya. Penetapan           topics compared to the previous year. The determination of
tidak adanya perubahan dilakukan setelah Perseroan melakukan           no change was made after the Company conducted a review
peninjauan terhadap topik material 2022 dengan melibatkan              of the 2022 material topics by involving internal and external
pemangku kepentingan internal dan eksternal. [GRI 3-1]                 stakeholders. [GRI 3-1]

Hasil peninjauan menyatakan bahwa topik material 2022 masih            The review results stated that the 2022 material topics are still
relevan dengan kondisi faktual yang dihadapi Perseroan pada            relevant to the factual conditions faced by the Company in 2023.
2023. Dengan demikian, tidak terdapat perubahan dalam daftar           Thus, there are no changes in the list of material topics in the
topik material di laporan 2023. Daftar topik material Laporan          2023 report. The list of material topics for the Company’s 2022
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




Keberlanjutan Perseroan Tahun 2022 selengkapnya adalah                 Sustainability Report is as follows: [GRI 3-2]
sebagai berikut: [GRI 3-2]




                                                                                                    2023 Integrated Annual Report        223
Page 226
PT Jakarta International Hotels & Development Tbk




Batasan dan Dampak Topik Material                                          Material Topic Limitations and Impacts

                                                                                                                          Batasan Topik
                                                                                                                          Topic Boundary
Topik Material                            Perihal
Material Topics                           About                                                                       Internal     Eksternal
                                                                                                                      Internal       External

Topik Ekonomi | Economic Topics
Kinerja Ekonomi                           Pencapaian dan kinerja Perseroan selama tahun pelaporan.
Economic Performance                      Achievements and performance of the Company during the reporting year.
Keberadaan Pasar                          Keberadaan pasar bagi Perseroan.
Market Presence                           Market presence for the Company.
Dampak Ekonomi Tidak Langsung             Manfaat atas keberadaan Perseroan bagi masyarakat.
Indirect Economic Impact                  Benefits of the Company's existence for the community.
Anti Korupsi                              Komitmen Perseroan untuk menyelenggarakan operasional perusahaan
Anti-Corruption                           secara bersih, jujur dan transparan.
                                          The Company's commitment to conduct its operations in a clean, honest
                                          and transparent manner.

Topik Lingkungan | Environmental Topics
Material                                  Upaya Perseroan untuk menghemat penggunaan material, khususnya
Materials                                 kertas.
                                          The Company's efforts to save the use of materials, especially paper.
Energi                                    Kepedulian Perseroan terhadap pengelolaan energi yang ketersediaannya
Energy                                    kian terbatas.
                                          The Company's concern for the management of energy whose availability
                                          is increasingly limited.
Air dan Limbah Air                        Kepedulian Perseroan terhadap pengelolaan sumber daya air yang
Water and Water Waste                     ketersediannya kian terbatas dan bagaimana pengelolaan limbah air.
                                          The Company's concern for the management of water resources whose
                                          availability is increasingly limited and how to manage water waste.
Emisi                                     Komitmen terhadap pengurangan emisi yang dihasilkan dari aktivitas bisnis
Emissions                                 Perseroan.
                                          Commitment to the reduction of emissions resulting from the Company's
                                          business activities.
Limbah                                    Komitmen dan kepedulian Perseroan dalam mengurangi dan mengelola
Waste                                     limbah.
                                          The Company's commitment and concern in reducing and managing waste.
Kepatuhan Lingkungan                      Komitmen terhadap berbagai peraturan lingkungan sehingga operasional
Environmental Compliance                  Perseroan tidak berdampak negatif bagi lingkungan.
                                          Commitment to various environmental regulations so that the Company's
                                          operations do not have a negative impact on the environment.
Topik Sosial | Social Topics
Ketenagakerjaan                           Komitmen Perseroan tentang pentingnya pengelolaan sumber daya
Employment                                manusia (karyawan).
                                          The Company's commitment to the importance of managing human
                                          resources (employees).
Keselamatan dan Kesehatan Kerja           Komitmen Perseroan dalam menyediakan tempat kerja yang aman dan
Occupational Safety and Health            nyaman.
                                          The Company's commitment to providing a safe and comfortable workplace.
Pelatihan dan Pendidikan                  Komitmen Perseroan dalam upaya meningkatkan kompetensi karyawan.
Training and Education                    The Company's commitment to improve employee competencies.
Keberagaman dan Kesempatan yang Setara    Kebijakan Perseroan untuk memastikan adanya keberagaman dan
Diversity and Equal Opportunity           pemberian kesempatan yang setara bagi seluruh karyawan.
                                          The Company's policy to ensure diversity and equal opportunity for all
                                          employees.
Masyarakat Lokal                          Komitmen Perseroan terhadap keterlibatan masyarakat di sekitarnya dalam
Local Communities                         berbagai program/kegiatan.
                                          The Company's commitment to the involvement of the surrounding
                                          community in various programs/activities.
Kesehatan dan Keselamatan Pelanggan       Bagaimana upaya Perseroan untuk menjaga kesehatan dan keselamatan
Customer Health and Safety                pelanggan.
                                          The Company's efforts to maintain customer health and safety.
Pemasaran dan Pelabelan                   Komitmen Perseroan dalam menaati kaidah pemasaran yang baik, serta
Marketing and Labeling                    penyediaan informasi produk bagi pelanggan/konsumen.
                                          The Company's commitment to complying with good marketing rules, as
                                          well as providing product information for customers/consumers.




224      Laporan Tahunan Terintegrasi 2023
Page 227
                                                                                               Integrating Excellence for Sustainability




Ikhtisar Kinerja Berkelanjutan




                                                                                                                                             Prologue
                                                                                                                                              Prolog
Sustainability Performance Overview




                                                                                                                                             Performamnce Highlights
Kinerja Ekonomi




                                                                                                                                                  Ikhtisar Kinerja
Economic Performance [OJK B.1]
Jumlah Properti yang Beroperasional
Number of Properties in Operation

                                               Pusat Perkantoran              Pusat Perbelanjaan                          Apartemen
              Hotel
                                                 Office Center                 Shopping Center                            Apartments




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
                                                                                                                                             Profil Perusahaan
                                                                                                                                              Company Profile
      2023                                     2023                           2023                                  2023

     7                                         4                              2                                    2
      2022       :7                            2022     :4                    2022        :2                        2022        :2
      2021       :7                            2021     :4                    2021        :2                        2021        :2




                                                                                                                                             Analisis dan Pembahasan Manajemen
                                                                                                                                              Management Discussion and Analysis
                                                                                                       Jumlah Tenaga Kerja Lokal
Laba Rugi Konsolidasian | Consolidated Profit or Loss                                                  Number of Local Workers


Pendapatan                                                                                              2023
Revenues
                                                                                                       2.615
                      2023                         1.465.918                                            2022      : 2.571
                                                                                                        2021      : 2.324
                      2022                            1.266.978
                      2021                             902.939
Laba (Rugi) Bersih                                                                                     Jumlah Pemasok Lokal
                                                                                                       Number of Local Suppliers
Net Profit (Loss)



                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
                      2023                            214.125                                           2023

                      2022                              132.575                                        874
                                                                                                        2022      : 903
                      2021                              (113.618)                                       2021      : 850
                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance




Kinerja Lingkungan
Environmental Performance [OJK B.2]


                                                       Penggunaan Energi | Energy Usage
                                                                                                                                             Laporan Keberlanjutan




                       Bahan Bakar Minyak (Solar)                                                       Gas
                                                                                                                                              Sustainability Report




                       Fuel                                                                             Gas
                       2023                                                                             2023

      Liter            47.875                                                   MMbtu                   63.764,3
                        2022        : 41.900                                                            2022      : 60.843,8
                        2021        : 31.125                                                            2021      : 53.172,7




                                                                                                     2023 Integrated Annual Report     225
Page 228
PT Jakarta International Hotels & Development Tbk




                  Penggunaan Energi | Energy Usage                                                    Pengurangan Limbah & Efluen
                                                                                                        Waste & Effluent Reduction


                      Listrik                                                                        Volume Sampah
                      Electricity                                                                    Volume Sampah
                      2023                                                                           2023

      kWh             109.864.633,2                                                      kg
                                                                                                     3.747.286
                      2022          : 105.291,503                                                    2022         : 105.291,503
                      2021          : 92.094.923,9                                                   2021         : 1.899.374


                      Air Bersih                                                                     Pengolahan Air Limbah
                      Clean Water                                                                    Pengolahan Air Limbah
                      2023                                                                           2023

       m3             1.486.737                                                          kg          456.347
                      2022          : 1.659.714                                                      2022         : 1.659.714
                      2021          : 1.430.866                                                      2021         : 1.430.866


                                                             Pelestarian Keanekaragaman Hayati
                                                                   Biodiversity Conservation


Jumlah Pohon di SCBD                                                                                 Jumlah Pohon di Hotel Borobudur
Number of Trees in SCBD                                                                              Jakarta
                                                                                                     Number of Trees in Borobudur Hotel
2023                                                                                                 2023


1.425                                                                                                613
2022        : 1.426                                                                                  2022         : 614
2021        : 1.432                                                                                  2021         : 614


Pembiakan Kupu-Kupu
di Butterfly Dome
Butterfly Breeding at the Butterfly Dome
2023

1.337
2022        : 2.386
2021        : 2.136



Kinerja Sosial
Social Performance [OJK B.3]

                                                                                                                           Pelatihan
                                                                                                                            Training


                                                                                                      Uraian              Satuan
Jumlah Karyawan (GRI 2-7)                         Jenis Kelamin                                     Description            Unit
                                                                                                                                       2023     2022    2021
Total Employees                                   Gender
                                                                                                 Jumlah Pelatihan     Pelatihan          215     184     156
2023                                              2023              2023                         Total Training       Training

2.615                                             671              1.944                         Jumlah Jam
                                                                                                 Total Hour
                                                                                                                      Jam
                                                                                                                      Hour
                                                                                                                                        1.983   1.809    659

                                                                                                 Dana Pelatihan       Rp Juta      2.785,3 1.618,3      469,4
2022        : 2.571                               2022     : 661    2022       : 1.960           Training Fund        Rp Million
2021        : 2.324                               2021     : 590    2021       : 1.734




226     Laporan Tahunan Terintegrasi 2023
Page 229
                                                                                                   Integrating Excellence for Sustainability




Strategi Keberlanjutan




                                                                                                                                                          Prologue
                                                                                                                                                           Prolog
Sustainability Strategy [OJK A.1]




                                                                                                                                                          Performamnce Highlights
                                                                                                                                                               Ikhtisar Kinerja
Perseroan menyadari bahwa kegiatan usaha yang dijalankannya                  The Company realizes that its business activities are not only
tidak hanya berfokus pada pencapaian aspek ekonomi, yaitu tidak              focused on achieving economic aspects, i.e. not only generating
semata menghasilkan pendapatan dan mengejar laba, namun juga                 revenue and pursuing profits, but also striving to contribute to
berupaya untuk berkontribusi terhadap keberlanjutan dalam aspek              sustainability in social and environmental aspects. In order for the
sosial dan lingkungan. Agar nilai manfaat Perseroan dapat dirasakan          Company’s benefits to be felt by all stakeholders, the Company is
oleh seluruh pemangku kepentingan, maka Perseroan berkomitmen                committed and strives to carry out various sustainability initiatives




                                                                                                                                                          Laporan Manajemen
                                                                                                                                                          Management Report
dan berupaya untuk menjalankan berbagai inisiatif keberlanjutan              that prioritize these three aspects so that in the end it indirectly
yang mengedepankan ketiga aspek tersebut sehingga pada akhirnya              supports the Sustainable Development Goals.
secara tidak langsung turut mendukung tujuan pembangunan
keberlanjutan (Sustainable Development Goals).

Untuk merealisasikan tujuan tersebut, Perseroan berupaya                     To realize this goal, the Company seeks to optimize added value
mengoptimalkan nilai tambah bagi semua kepentingan, baik                     for all interests, both internal and external, in every business activity
internal maupun eksternal, pada setiap kegiatan usaha yang                   carried out along its business chain. Based on the implementation




                                                                                                                                                          Profil Perusahaan
dijalankan di sepanjang mata rantai bisnisnya. Berlandaskan                  of Good Corporate Governance, the Company implements fair and




                                                                                                                                                           Company Profile
implementasi Tata Kelola Perusahaan yang Baik (Good Corporate                ethical human resource management principles and practices, is
Governance), Perseroan menjalankan prinsip dan praktik                       responsible for environmental sustainability, spreads benefits to
pengelolaan sumber daya manusia yang adil dan etis, bertanggung              the community, maintains loyalty and provides excellent service to
jawab terhadap kelestarian lingkungan hidup, menebarkan                      customers, and maintains shareholder trust.
manfaat bagi masyarakat, menjaga loyalitas dan memberikan
layanan prima kepada pelanggan, serta memelihara kepercayaan
pemegang saham.




                                                                                                                                                          Analisis dan Pembahasan Manajemen
                                                                                                                                                           Management Discussion and Analysis
                                                    Tiga Pilar Strategi Keberlanjutan
                                                   Three Pilars of Sustainability Strategy
                    PEOPLE                                              PLANET                                       PROSPERITY
      (Masyarakat & Sumber Daya Manusia)                             (Lingkungan)                             (Membangun Kesejahteraan)
          (People &Human Resources)                                  (Environment)                                (Building Prosperity)
Mengadvokasi produk layanan yang bertanggung     Penggunaan produk ramah lingkungan di              Kinerja Ekonomi yang Berkelanjutan
jawab                                            lingkup Perseroan                                  Sustainable Economic Performance
Advocate for responsible service products        Use of environmentally friendly products within
                                                 the Company
Manajemen sumber daya manusia (SDM) yang         Pengurangan penggunaan plastik dan kertas          Implementasi Green Finance
bertanggung jawab                                Reduction of plastic and paper usage               Implementation of Green Finance
Responsible human resources (HR) management
Keselamatan dan Kesehatan Kerja                  Efisiensi Energi                                   Memastikan produk dan/atau jasa yang
Occupational Health and Safety                   Energy Efficiency                                  berkualitas buat pelanggan
                                                                                                    Ensuring quality products and/or services for




                                                                                                                                                          Human Capital
                                                                                                                                                          Human Capital
                                                                                                    customers

Identifikasi dan Mitigasi dampak K3              Pengelolaan air dan limbah                         Kepuasan Pelanggan
Identification and mitigation of OHS impacts     Water and waste management                         Customer Satisfaction
Pelatihan bagi karyawan                          Impelementasi Inisiatif Hijau                      Bertumbuh bersama Masyarakat
Training for employees                           Implementation of Green Initiatives                Growing with Society
                                                                                                    Kolaborasi dan kontribusi sosial bagi Masyarakat
                                                                                                    Collaboration and social contribution to society
                                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                                           Corporate Governance




Dalam rangka penerapan praktik keberlanjutan yang lebih optimal,             In order to implement more optimal sustainability practices,
Perseroan merumuskan berbagai kebijakan strategi terkait                     the Company formulates various strategic policies related to
keberlanjutan sesuai kebutuhan dan efektivitasnya. Selain itu, akan          sustainability according to their needs and effectiveness. In
melakukan evaluasi secara berkala sebagai bagian dari upaya                  addition, it will conduct periodic evaluations as part of continuous
perbaikan secara berkelanjutan, serta menyelaraskannya dengan                improvement efforts, and align them with business, social,
dinamika bisnis, sosial, lingkungan dan peraturan perundang-                 environmental dynamics and applicable laws and regulations. And
undangan yang berlaku. Dan akan berupaya meningkatkan                        will strive to increase the awareness of all Company personnel to
kesadaran seluruh personel Perseroan untuk bersama-sama                      jointly support the realization of sustainable development.
mendukung terwujudnya pembangunan keberlanjutan.
                                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                                           Sustainability Report




Dengan adanya kerangka dan kebijakan keberlanjutan yang                      With the existence of a supporting sustainability framework and
mendukung, upaya seluruh personel Perseroan yang berkarya                    policies, the efforts of all Company personnel who work in an
secara terintegrasi, serta penyempurnaan terus menerus guna                  integrated manner, and continuous improvement to provide greater
memberikan manfaat yang lebih besar bagi lingkungan dan sosial,              environmental and social benefits, the Company is optimistic that
Perseroan optimis bahwa visi dan tujuan besar Perseroan menuju               the Company’s vision and big goals towards better sustainability
keberlanjutan yang lebih baik dapat tercapai.                                can be achieved.




                                                                                                          2023 Integrated Annual Report             227
Page 230
PT Jakarta International Hotels & Development Tbk




Perseroan memahami bahwa upaya menuju kinerja keberlanjutan                The Company understands that efforts towards better sustainability
yang lebih baik tersebut merupakan tanggung jawab kolektif.                performance are a collective responsibility. In this regard, the
Sehubungan dengan itu, Perseroan melakukan sosialisasi nilai-nilai         Company regularly disseminates sustainability values to all
keberlanjutan bagi seluruh personel Perseroan secara berkala,              Company personnel, through various formal and informal learning
melalui berbagai kegiatan pembelajaran formal maupun informal              activities including training, briefings, provision of self-learning
yang meliputi pelatihan, briefing, penyediaan modul-modul self-            modules on sustainability aspects, and other mechanisms. Not only
learning mengenai aspek keberlanjutan, dan mekanisme lainnya.              that, stakeholders are also invited to build similar commitments in
Tidak hanya itu, para pemangku kepentingan juga diajak untuk               terms of implementing sustainability practices.
membangun komitmen serupa dalam hal penerapan praktik-
praktik keberlanjutan.

Perseroan akan berperan aktif dalam mewujudkan bisnis yang                 The Company will play an active role in realizing a sustainable
berkelanjutan dengan mengintegrasikan aspek Ekonomi,                       business by integrating Economic, Environmental, and Social
Lingkungan, dan Sosial yang terus meningkat seiring dengan                 aspects that continue to increase along with the times. Referring to
perkembangan zaman. Merujuk pada 3 (tiga) pilar, yaitu Masyarakat          the 3 (three) pillars, namely Society and Human Resources (People),
dan Sumber Daya Manusia (People), Kesejahteraan (Prosperity),              Prosperity, and Environment (Planet), below are the sustainability
dan Lingkungan (Planet), di bawah ini adalah sasaran keberlanjutan         targets in the Company’s activities.
dalam aktivitas Perseroan.

                Sasaran Keberlanjutan                                                         Keterangan
                 Sustainabilty Targets                                                        Description

   1    Pemegang Saham                             Perseroan berupaya memberikan pengembalian (return) yang berkelanjutan kepada pemegang
        Shareholders                               saham yang telah mempercayai pengelolaan dananya.
                                                   The Company strives to provide sustainable returns to shareholders who have trusted the
                                                   management of their funds.

   2    Pelanggan                                  Perseroan berkomitmen untuk memberikan produk dan layanan terbaik sesuai kebutuhannya
        Customers                                  secara konsisten.
                                                   The Company is committed to providing the best products and services according to their needs
                                                   consistently.

   3    Karyawan                                   Merupakan human capital bagi Perseroan yang harus dikelola secara profesional agar dapat
        Employees                                  mencapai tujuan bersama.
                                                   Is a human capital for the Company that must be managed professionally to achieve common goals.

   4    Masyarakat Lokal/Komunitas                 Perseroan berkomitmen dengan keberadaan dan kehadirannya dalam keterlibatan dan dukungan
        Local Community/Community                  dapat membentuk masyarakat mapan dan mandiri.\
                                                   The Company is committed to its existence and presence in involvement and support to form a well-
                                                   established and independent society.

   5    Lingkungan                                 Kepedulian terhadap lingkungan dilakukan melalui berbagai antisipasi untuk meminimalkan dampak
        Environment                                terhadap lingkungan sekitar.
                                                   Concern for the environment is carried out through various anticipations to minimize the impact on
                                                   the surrounding environment.




Tata Kelola Keberlanjutan
Sustainability Governance

Tanggung Jawab Keberlanjutan [OJK E.1][GRI 2-13]                           Sustainability Responsibility [OJK E.1][GRI 2-13]
Hingga saat ini, Perseroan belum memiliki Komite yang                      To date, the Company does not have a Committee specifically
secara khusus ditugaskan untuk menangani program-program                   assigned to handle sustainability programs within the Company and
keberlanjutan di lingkungan Perseroan dan Entitas Anak. Direksi            its Subsidiaries. The Board of Directors is collectively responsible
secara kolektif bertanggung jawab atas penerapan strategi yang             for the implementation of an integral strategy to achieve business
integral untuk mencapai pertumbuhan bisnis yang didasarkan                 growth based on sustainability values.
pada nilai-nilai keberlanjutan.

Strategi keberlanjutan dirumuskan dan dikoordinasikan oleh                 The sustainability strategy is formulated and coordinated by the
Direksi, dimana masing-masing Direktur bertanggungjawab untuk              Board of Directors, with each Director responsible for ensuring
memastikan bahwa strategi tersebut dijalankan dalam ruang                  that the strategy is implemented within the scope of their
lingkup tanggung jawab mereka (informasi lebih lengkap terkait             responsibilities (further information on this can be found in the
hal ini dapat dilihat di bagian Tata Kelola Perusahaan dalam laporan       Corporate Governance section of this annual report).
tahunan ini).

Pengembangan Kompetensi Terkait Keberlanjutan                              Competency Development Related to Sustainability
[OJK E.2] [GRI 2-17]                                                       [OJK E.2] [GRI 2-17]
Perseroan secara aktif mendorong organ-organ tata kelola (Dewan            The Company actively encourages governance organs (Board
Komisaris, Direksi dan Sekretaris Perusahaan) untuk mengikuti              of Commissioners, Board of Directors, and Corporate Secretary)
program-program pengembangan kompetensi terkait dengan                     to participate in competency development programs related to
pelaporan keberlanjutan dalam rangka mendukung tercapainya                 sustainability reporting to support the achievement of sustainable
pembangunan berkelanjutan melalui pelaksanaan program-                     development through the implementation of sustainability
program keberlanjutan yang telah dicanangkan.                              programs that have been launched.



228      Laporan Tahunan Terintegrasi 2023
Page 231
                                                                                                    Integrating Excellence for Sustainability




   Dewan Komisaris & Direksi
                                                Topik Workshop, Seminar & Konferensi                         Penyelenggara      Tanggal       Jam




                                                                                                                                                       Prologue
 Board of Commissioners & Board




                                                                                                                                                        Prolog
                                                Workshop, Seminar & Conference Topic                           Organizer         Date        Hours
           of Directors
Keuangan Keberlanjutan
Sustainability Finance




                                                                                                                                                       Performamnce Highlights
Lidwina Ong                       Social Entrepreneurial Ideas: Build Social Impact into Business      SII                    31 Mar            2,0
                                  Activities




                                                                                                                                                            Ikhtisar Kinerja
Ku Siew Kuan                      Kebangkitan BUMDes: Meningkatkan Kesejahteraan, Mendukung            SII                    16 Jun            2,0
                                  Keberlanjutan
                                  The Rise of village-owned enterprise: Improving Prosperity,
                                  Supporting Sustainability
Hendra Kurniawan                  Peluang Perdagangan Karbon Dalam Upaya Dekarbonisasi                 OJK                    27 Jul            3,0
                                  Carbon Trading Opportunities in Decarbonization Efforts
Lanny Pujilestari Liga            Hukum dan Perdagangan Karbon: Perspektif Regulasi Lingkungan         AEI-Hukum Online       12 Des/Dec        3,0




                                                                                                                                                       Laporan Manajemen
                                  dan Bisnis




                                                                                                                                                       Management Report
                                  Law and Carbon Trading: An Environmental and Business Regulatory
                                  Perspective
Pemasaran
Marketing
Hendi Lukman                      Perusahaan Inklusi: Mengakomodasi Keberagaman, Mendukung             SII                    11 Agu/Aug        2,0
                                  Keberlanjutan
                                  Corporate Inclusion: Accommodating Diversity, Supporting
                                  Sustainability




                                                                                                                                                       Profil Perusahaan
                                                                                                                                                        Company Profile
                                  Mengenal Lebih Jauh Pengaturan UU P2SK Dalam Rangka                  OJK                    23 Nov            3,0
                                  Penguatan Literasi, Inklusi dan Perlindungan Konsumen
                                  Get to Know More about the P2SK Law Regulations in the Context of
                                  Strengthening Literacy, Inclusion and Consumer Protection

Environmental, Social, and Governance
Tony Soesanto                     ESG Update Sustainability Introduction in ISSB                       ICSA                   16 Feb            2,0
                                  CSR dan SDG's Berdampingan Bangkit dari Keterpurukan,                SII                    12 Mei/May        2,0




                                                                                                                                                       Analisis dan Pembahasan Manajemen
                                                                                                                                                        Management Discussion and Analysis
                                  Menjemput Kesejahteraan
                                  CSR and SDG's Side by Side Rise from Adversity, Pick Up Prosperity
                                  Save the Planet: The Role of Financial Sector to Support Carbon      OJK                    25 Sep            8,0
                                  Reduction and Electric Vehicles Development
                                  Managing Environmental, Social and Governance Risks and              OJK                    19 Okt/Oct        3,0
                                  Opportunities
                                  Aligning ESG Initiatives with Valuation Strategies                   AEI-AAEI               8 Des/Dec         2,0
                                  2023 Review + 2024 Outlook Impact Matters                            SII                    29 Des/Dec        2,0


Jumlah | Total = 12                                                                                                                            34,0

Catatan | Note:
• Komisaris/Commissioner: Ku Siew Kuan
• Direksi/Directors: Lanny Pujilestari Liga, Hendi Lukman, Hendra Kurniawan




                                                                                                                                                       Human Capital
                                                                                                                                                       Human Capital
• Sekretaris Perusahaan/Corporate Secretary: Tony Soesanto



Penilaian Risiko terhadap Penerapan Keberlanjutan                              Risk Assessment on the Implementation Sustainable
[OJK E.3]                                                                      Finance [OJK E.3]
Perseroan telah memetakan berbagai risiko yang mungkin timbul                  The Company has mapped various risks that may arise in every
di setiap aspek operasinya, termasuk risiko yang terkait dengan                aspect of its operations, including risks related to economic,
                                                                                                                                                       Tata Kelola Perusahaan
                                                                                                                                                        Corporate Governance




keberlanjutan ekonomi, lingkungan, dan sosial, di mana hal ini                 environmental and social sustainability, which is part of sustainable
merupakan bagian dari manajemen risiko yang berkelanjutan.                     risk management. The Company is committed to managing risks
Perseroan berkomitmen untuk mengelola risiko secara konsisten                  consistently and continuously.
dan berkesinambungan.

Pemetaan dan identifikasi risiko serta pengujian risiko dilakukan              Risk mapping and identification as well as risk testing are conducted
dengan memperhatikan ruang lingkup kegiatan Perseroan,                         by taking into account the scope of the Company’s activities,
persyaratan peraturan pemerintah, standar industri, standar                    government regulatory requirements, industry standards, company
perusahaan, serta persyaratan kontrak. Selanjutnya dilakukan                   standards, and contract requirements. Furthermore, an evaluation
evaluasi terhadap risiko-risiko yang telah teridentifikasi, untuk              of the risks that have been identified is carried out to determine
                                                                                                                                                       Laporan Keberlanjutan
                                                                                                                                                        Sustainability Report




ditetapkan langkah-langkah mitigasi yang tepat dan efisien guna                appropriate and efficient mitigation measures to suppress and
menekan dan meminimalisasi dampak yang ditimbulkannya.                         minimize the impact.




                                                                                                             2023 Integrated Annual Report     229
Page 232
PT Jakarta International Hotels & Development Tbk




Perseroan sepanjang 2023, telah memonitor beberapa jenis                   Throughout 2023, the Company has monitored several types of
eksposur risiko yang tidak hanya berfokus pada dampaknya                   risk exposures that not only focus on their impact on economic
terhadap kinerja ekonomi, namun juga melakukan mitigasi risiko             performance, but also mitigate risks that are integrated with
yang terintegrasi dengan aspek Lingkungan, Sosial, dan Tata                Environmental, Social and Governance aspects. These risks
Kelola. Risiko-risiko tersebut meliputi: risiko kesehatan yang             include: health risks arising after the Covid-19 pandemic, changes
timbul pasca pandemi Covid-19, perubahan regulasi dan kebijakan            in Government regulations and policies, competition from players
Pemerintah, persaingan dari pelaku-pelaku industri jasa akomodasi          in the hotel and commercial center accommodation services
hotel dan pusat niaga beserta fasilitas-fasilitasnya, real estat dan       industry and its facilities, real estate and construction, to changes
konstruksi, hingga perubahan tren pasar dan dinamika perilaku              in market trends and customer behavior dynamics.
pelanggan.

Perseroan telah memantau dan mengambil langkah-langkah                     The Company has monitored and taken significant steps to
signifikan untuk memitigasi berbagai risiko tersebut guna                  mitigate these risks to maintain its business continuity. Continue to
menjaga kelangsungan usahanya. Terus berinovasi agar mampu                 innovate in order to adapt to changes that occur. An explanation
beradaptasi dengan perubahan yang terjadi. Penjelasan mengenai             of the Company’s risk management system is presented in the
sistem manajemen risiko Perseroan disajikan di bagian Tata Kelola          Corporate Governance section of this annual report.
Perusahaan dalam laporan tahunan ini.

Hubungan dengan Pemangku Kepentingan [OJK E.4]                             Relationship with Stakeholders [OJK E.4][GRI 2-29]
[GRI 2-29]
Pemangku kepentingan adalah entitas atau individu yang                     Stakeholders are entities or individuals affected by the Company’s
terpengaruh oleh kegiatan, produk, dan jasa Perseroan. Di sisi             activities, products and services. On the other hand, their existence
lain, keberadaan mereka juga memengaruhi Perseroan dalam                   also affects the Company in realizing the success of strategy
mewujudkan keberhasilan penerapan strategi dan pencapaian                  implementation and goal achievement.
tujuan.

Pemangku kepentingan memiliki peranan yang penting dalam                   Stakeholders play an important role in the implementation of
penerapan keberlanjutan di lingkungan Perseroan. Karena                    sustainability within the Company. Therefore, in every decision-
itu, setiap pengambilan keputusan, Perseroan senantiasa                    making process, the Company always considers the interests and
memperhatikan kepentingan dan aspirasi para pemangku                       aspirations of stakeholders.
kepentingan.

Sebagai pihak yang terpengaruh oleh kegiatan, produk, dan                  As parties affected by the Company’s activities, products, and
jasa Perseroan, keberadaan para pemangku kepentingan dapat                 services, the existence of stakeholders can influence the Company
memengaruhi Perseroan dalam mewujudkan keberhasilan                        in realizing the success of strategy implementation and goal
penerapan strategi dan pencapaian tujuan.                                  achievement.

Perseroan senantiasa berupaya mengedepankan kepentingan dan                The Company always strives to prioritize the interests and
aspirasi para pemangku kepentingan dalam setiap pengambilan                aspirations of stakeholders in every decision-making considering
keputusan mengingat mereka berperan penting dalam penerapan                that they play an important role in the implementation of
keberlanjutan di lingkungan Perseroan.                                     sustainability in the Company’s environment.

Berkaitan dengan pemangku kepentingan, Perseroan telah                     In terms of stakeholders, the Company has identified individuals or
melakukan identifikasi individu atau kelompok yang merupakan               groups who are stakeholders based on their respective influence.
pemangku kepentingan berdasarkan pengaruh masing-masing.

   Pemangku Kepentingan                Topik Utama                 Harapan Pemangku Kepentingan                   Pendekatan Interaksi
       Stakeholders                     Main Topic                     Stakeholder Expectations                   Interaction Approach
Manajemen/Karyawan           •   Kesepakatan kerja antara      •   Kejelasan hak dan kewajiban.       •   Penyusunan dan penetapan Perjanjian
Management/Employees             manajemen dengan karyawan.    •   Pemberian paket remunerasi sesuai      Kerja Bersama (PKB).
                             •   Penyelesaian masalah              kinerja.                           •   Forum dialog manajemen dengan
                                 ketenagakerjaan.              •   Kesetaraan dalam jenjang karir dan     karyawan.
                             •   Kesempatan peningkatan            remunerasi.                        •   Pengembangan kompetensi karyawan,
                                 kompetensi dan karir.         •   Jaminan keamanan, kesehatan, dan       serta menyiapkan manajemen
                             •   Labor agreements between          keselamatan kerja.                     perusahaan yang profesional.
                                 management and employees.     •   Kenyamanan lingkungan kerja.       •   Pemberlakuan sistem manajemen SDM
                             •   Settlement of labor issues.   •   Clarity of rights and obligations.     terintegrasi dan sistem insentif berbasis
                             •   Competency and career         •   Provision of remuneration packages     kinerja.
                                 advancement opportunities.        according to performance.          •   Preparation and establishment of
                                                               •   Equality in career path and            Collective Labor Agreement (CLA).
                                                                   remuneration.                      •   Dialog forum between management with
                                                               •   Security, health, and safety           employees.
                                                                   assurance.                         •   Development of employee
                                                               •   Comfortable workplace                  competencies, as well as preparing
                                                                                                          professional company management.
                                                                                                      •   Implementation of integrated HR
                                                                                                          management system and performance-
                                                                                                          based incentive system.




230     Laporan Tahunan Terintegrasi 2023
Page 233
                                                                                                        Integrating Excellence for Sustainability




   Pemangku Kepentingan                   Topik Utama                    Harapan Pemangku Kepentingan                        Pendekatan Interaksi




                                                                                                                                                                    Prologue
       Stakeholders                        Main Topic                        Stakeholder Expectations                        Interaction Approach




                                                                                                                                                                     Prolog
Pemegang Saham                 •   Pertanggungjawaban kinerja        •   Menjaga dan meningkatkan nilai       •     RUPS (Tahunan & Luar Biasa)
Shareholders                       tahunan perusahaan.                   investasi melalui peningkatan        •     Paparan Publik
                               •   Pelaporan kinerja operasi,            kinerja perusahaan.                  •     Laporan Pencapaian Kinerja
                                   keuangan dan sosial               •   Terpenuhinya hak-hak pemegang        •     GMS (Annual & Extraordinary)




                                                                                                                                                                    Performamnce Highlights
                                   perusahaan.                           saham.                               •     Public Expose
                               •   Annual corporate performance      •   Keterbukaan informasi.               •     Performance Achievement Report




                                                                                                                                                                         Ikhtisar Kinerja
                                   accountability.                   •   Penghormatan hak-hak pemegang
                               •   Reporting on the company's            saham.
                                   operating, financial and social   •   Maintain and increase investment
                                   performance.                          value through improved company
                                                                         performance.
                                                                     •   Fulfillment of shareholder rights.
                                                                     •   Information disclosure.
                                                                     •   Respect for shareholders' rights.




                                                                                                                                                                    Laporan Manajemen
Pelanggan                      •   Manajemen keluhan                 •   Mutu produk dan jasa yang baik       •     Layanan call center dan operasional




                                                                                                                                                                    Management Report
Customers                          pelanggan.                            dan prima.                           •     Informasi media
                               •   Pusat pelayanan pelanggan.        •   Keamanan dan kenyamanan lokasi •           Pelaksanaan kegiatan Temu Pelanggan
                               •   Customer complaint                    usaha.                                     (feedback langsung)
                                   management.                       •   Pelayanan yang melebihi harapan. •         Call center and operational services
                               •   Customer service center.          •   Good and excellent quality of        •     Media information
                                                                         products and services.               •     Implementation of Customer Gathering
                                                                     •   Security and comfort of the business       activities (direct feedback)
                                                                         location.
                                                                     •   Service that exceeds expectations.




                                                                                                                                                                    Profil Perusahaan
                                                                                                                                                                     Company Profile
Rekanan/Mitra Kerja            •   Pelaksanaan kerja sama            •   Proses pengadaan yang adil,       •        Penyelenggaraan tender secara terbuka
Associates/Business Partners       yang berkesinambungan dan             transparan dan obyektif.                   dan transparan.
                                   menguntungkan kedua belah         •   Prosedur administrasi pengadaan   •        Pengawasan dan evaluasi pelaksanaan
                                   pihak.                                yang sesuai dengan peraturan yang          kontrak mitra kerja secara berkala
                               •   Perlakuan yang sama terhadap          berlaku.                          •        Implementation of open and transparent
                                   seluruh rekanan/mitra kerja.      •   Penyelesaian pembayaran tepat              tenders
                               •   Implementation of sustainable         waktu.                            •        Supervision and evaluation of the
                                   cooperation that benefits both    •   Fair, transparent and objective            implementation of business partner
                                   parties.                              procurement process.                       contracts on a regular basis




                                                                                                                                                                    Analisis dan Pembahasan Manajemen
                               •   Equal treatment forf all          •   Procurement administration




                                                                                                                                                                     Management Discussion and Analysis
                                   partners.                             procedures that comply with
                                                                         applicable regulations.
                                                                     •   Timely payment settlement.
Kreditur                       •   Penyediaan informasi dan          •   Kejelasan rencana pengembangan. •          Kunjungan langsung kreditur ke lokasi
Creditors                      •   pertanggungjawaban                •   Pembayaran kewajiban tepat waktu.          proyek
                                   pelaksanaan proyek                •   Transparansi kondisi operasional  •        Forum pertemuan dengan kreditur dan
                                   pembangunan/fasilitas yang            dan keuangan.                              calon Investor
                                   dikelola perusahaan               •   Clarity of development plan.      •        Direct visit of creditors to the project site
                               •   Provision of information and      •   Timely payment of obligations.    •        Forum meetings with creditors and
                               •   Accountability project            •   Transparency of operational and            potential investors
                                   implementation Development            financial conditions.
                                   projects/facilities managed by
                                   the company
Masyarakat                     •   Pemberdayaan ekonomi              •   Terjalinnya hubungan yang serasi    •      Penyelenggaraan konsultasi publik dan
Society                            masyarakat.                           dan harmonis.                              pemetaan sosial
                               •   Peningkatan kualitas hidup        •   Meminimalisir dampak                •      Sosialisasi dan koordinasi pelaksanaan




                                                                                                                                                                    Human Capital
                                                                                                                                                                    Human Capital
                                   masyarakat.                           pengembangan proyek terhadap               CSSR perusahaan
                               •   Community economic                    lingkungan.                         •      Organization of public consultation and
                                   empowerment.                      •   Partisipasi dalam kegiatan                 social mapping
                               •   Improvement of the quality of         pelestarian lingkungan.             •      Socialization and coordination of the
                                   life of the community.            •   Melaksanakan program bina                  company's CSSR implementation
                                                                         lingkungan.
                                                                     •   Kontribusi positif terhadap
                                                                         kehidupan ekonomi, sosial, dan
                                                                         lingkungan masyarakat sekitar.
                                                                                                                                                                    Tata Kelola Perusahaan
                                                                                                                                                                     Corporate Governance



                                                                     •   Establishment of harmonious
                                                                         relationship.
                                                                     •   Minimizing the impact of project
                                                                         development on the environment.
                                                                     •   Participation in environmental
                                                                         conservation activities.
                                                                     •   Implementation of environmental
                                                                         development programs.
                                                                     •   Positive contribution to the
                                                                         economic, social, and environmental
                                                                         life of the surrounding community.
                                                                                                                                                                    Laporan Keberlanjutan
                                                                                                                                                                     Sustainability Report




                                                                                                                  2023 Integrated Annual Report              231
Page 234
PT Jakarta International Hotels & Development Tbk




   Pemangku Kepentingan                Topik Utama                   Harapan Pemangku Kepentingan                    Pendekatan Interaksi
       Stakeholders                     Main Topic                       Stakeholder Expectations                    Interaction Approach
Regulator                  •   Pembayaran kewajiban           •      Hubungan yang harmonis dan           •   Pertemuan dengar pendapat dengan
Regulators                     perusahaan kepada negara.             konstruktif dengan regulator.            regulator.
                           •   Pembahasan terkait program •          Patuh terhadap hukum dan             •   Kunjungan kerja ke lokasi usaha.
                               dan rencana kegiatan                  peraturan yang berlaku.              •   Pemenuhan kewajiban sesuai peraturan
                               perusahaan.                    •      Kontribusi positif terhadap              perundang-undangan
                           •   Payment of company                    masyarakat sekitar.                  •   Hearing meetings with regulators
                               obligations to the state.      •      Harmonious and constructive          •   Site visit
                           •   Discussion related to the             relationship with regulators.        •   Comply with laws and regulations
                               company's program and activity •      Compliance with applicable laws
                               plan.                                 and regulations.
                                                              •      Positive contribution to the
                                                                     surrounding community.
Media Massa                Relasi konstruktif mutualistis kedua •    Akurasi dan transparansi objek       •   Press release mengenai informasi
Mass Media                 belah pihak.                              pemberitaan.                             perusahaan
                           Mutualistic constructive relationship •   Penyampaian informasi terkini dan    •   Media visit, media gathering & press
                           between both parties.                     berita tepat waktu.                      conference
                                                                 •   Transparansi kondisi kinerja         •   Press release of company information
                                                                     perusahaan.                          •   Media visit, media gathering & press
                                                                 •   Accuracy and transparency of news        conference
                                                                     objects.
                                                                 •   Delivery of up-to-date information
                                                                     and timely news.
                                                                 •   Transparency of company
                                                                     performance conditions.


Tantangan terhadap Penerapan Keberlanjutan [OJK E.5]                         Challenges to The Implementation of Sustainability [OJK E.5]

Dengan adanya penerapan strategi keberlanjutan, tidak dipungkiri             With the implementation of a sustainability strategy, the Company
Perseroan dapat melakukan efisiensi yang terukur sehingga                    is undoubtedly able to make measurable efficiencies so as to
dapat tercipta ketahanan bisnis yang kuat. Selain itu, Perseroan             create strong business resilience. In addition, the Company can
dapat memperoleh peluang bisnis baru yang menjanjikan dengan                 obtain promising new business opportunities by creating creative
menciptakan produk yang kreatif dan berkualitas melalui perbaikan            and quality products through continuous improvement and various
yang berkelanjutan dan berbagai inisiatif strategis.                         strategic initiatives.

Namun demikian, Perseroan masih mendapati adanya kendala                     However, the Company still encounters obstacles in the integration
dalam upaya integrasi keberlanjutan ke dalam operasional                     of sustainability into the Company’s operations - the lack of
Perseroan, yaitu kurangnya pemahaman personel Perseroan                      understanding of the Company’s personnel on sustainability
terhadap aspek keberlanjutan. Untuk mengatasi hal tersebut,                  aspects. To overcome this, the Company has facilitated learning
Perseroan    telah   memfasilitasi pembelajaran  mengenai                    about sustainability to employees, thus expecting all employees to
keberlanjutan kepada karyawan sehingga diharapkan seluruh                    have an adequate understanding of sustainability, and implement
karyawan dapat memiliki pemahaman yang memadai mengenai                      it into the Company’s operations.
keberlanjutan, dan dapat menerapkannya ke dalam operasional
Perseroan.




232     Laporan Tahunan Terintegrasi 2023
Page 235
                                                                                           Integrating Excellence for Sustainability




Kinerja Keberlanjutan




                                                                                                                                             Prologue
                                                                                                                                              Prolog
Sustainability Performance




                                                                                                                                             Performamnce Highlights
                                                                                                                                                  Ikhtisar Kinerja
Membangun Budaya Keberlanjutan [OJK F.1] [GRI 2-24]                    Building Sustainability Culture [OJK F.1] [GRI 2-24]
Keberlanjutan usaha dari suatu entitas akan senantiasa berusaha        Business sustainability of an entity will always strive to provide:
dapat memberikan: kontribusi yang berarti bagi negara, imbal hasil     meaningful contribution to the country, significant returns to
yang signifikan kepada investor/pemegang saham, nilai tambah           investors/shareholders, added value that satisfies customers,
yang memuaskan pelanggan, dan manfaat bagi masyarakat sekitar.         and benefits to the surrounding community. The achievement
Capaian keberlanjutan usaha perusahaan harus diwujudkan                of the company’s business sustainability must be realized with
dengan kinerja yang terus meningkat, berkembang dan unggul,            performance that continues to increase, develop and excel, and




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
serta terus menghasilkan produk dan pelayanan yang inovatif dan        continue to produce innovative and quality products and services.
berkualitas.

Kesinambungan usaha harus terus diupayakan untuk terus                 Business continuity must continue to strive for sustainable
maju secara berkelanjutan. Dalam hal ini menjadi mutlak harus          progress. In this case, it becomes absolutely necessary to apply:
diberlakukan: keefektifan dan keefisienan operasional di setiap lini   operational effectiveness and efficiency in every line of business,
bisnis, keprofessionalan dalam pengelolaan sumber daya manusia,        professionalism in human resource management, and reliability
dan kehandalan pengelolaan risiko, serta keunggulan produk, dan        in risk management, as well as product excellence, and quality




                                                                                                                                             Profil Perusahaan
keprimaaan pelayanan yang berkualitas bagi kepuasan konsumen.          service for consumer satisfaction.




                                                                                                                                              Company Profile
Penerapan budaya keberlanjutan tersebut merupakan sebuah               The implementation of the sustainability culture is an ongoing
proses yang berlangsung terus menerus, yang di dalamnya                process, which requires evaluation and improvement for the better.
membutuhkan evaluasi dan penyempurnaan ke arah yang lebih              The internalization of sustainability values has been conveyed to
baik. Internalisasi nilai-nilai keberlanjutan telah disampaikan        each of the Company’s personnel, allowing them to increasingly
kepada setiap personel Perseroan, agar semakin memahami                understand their existence in order to contribute their best.
dengan keberadaannya sehingga dapat berkontribusi yang




                                                                                                                                             Analisis dan Pembahasan Manajemen
terbaik.




                                                                                                                                              Management Discussion and Analysis
Perseroan      berkomitmen        menerapkan      strategi-strategi    The Company is committed to implementing these sustainability
keberlanjutan tersebut, dan telah mengimplementasikan secara           strategies, and has implemented them in real terms, including:
nyata, antara lain: pengurangan biaya secara bertahap guna             gradual cost reduction to achieve operational efficiency, enabling
mencapai efisiensi operasional sehingga bisa memperoleh                it to obtain greater profits, conducting waste management and
laba yang lebih besar, melakukan pengelolaan dan pengolahan            treatment, organizing training and development for all personnel,
limbah, menyelenggarakan pelatihan dan pengembangan bagi               and participating as a driving force in every community and
seluruh personel, serta berpartisipasi sebagai penggerak di setiap     environmental social activity.
kegiatan sosial masyarakat dan lingkungan.

Kinerja Ekonomi                                                        Economic Performance
Penggerak Perekonomian                                                 Economy Driver
Keberadaan dan kehadiran Perseroan diharapkan dapat                    The existence and presence of the Company is expected to drive




                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
menggerakkan perekonomian baik perekonomian lokal maupun               the economy, both local and national, by involving various parties,
nasional, dengan melibatkan berbagai pihak, terutama komunitas         especially local communities. The Company hopes to assist the
lokal. Perseroan berharap dapat membantu pemerintah                    government through its business operations in encouraging
melalui operasional bisnisnya dalam mendorong pemerataan               equitable distribution of the people’s economy.
perekonomian rakyat.

Perseroan merealisasikan komitmennya untuk meningkatkan nilai          The Company realizes its commitment to increase economic
perekonomian melalui pertumbuhan kinerja yang dikontribusikan          value through performance growth contributed in the form of
                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance




dalam bentuk kompensasi kepada karyawan, pemenuhan pajak,              compensation to employees, tax compliance, use of retained
penggunaan laba ditahan dan pemberian dividen kepada para              earnings and dividends to shareholders.
pemegang saham.

Perseroan juga melibatkan masyarakat lokal dalam aktivitas             The Company also involves local communities in its business
bisnisnya melalui pemberdayaan tenaga kerja lokal dan                  activities through the empowerment of local labor and local
pemasok lokal, serta pengembangan komunitas. Perseroan                 suppliers, as well as community development. The Company
dengan tetap memperhatikan syarat dan kriteria yang berlaku:           takes into account the applicable terms and criteria: providing
memberi kesempatan kerja kepada masyarakat lokal tempat                employment opportunities to local communities where the
Perseroan beroperasi dan memprioritaskan pemasok lokal. Untuk          Company operates and prioritizing local suppliers. For community
                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                              Sustainability Report




pengembangan komunitas, Perseroan mewujudkannya dalam                  development, the Company realizes it in various Corporate Social
berbagai program Corporate Social Safety Responsibility (CSSR)         Safety Responsibility (CSSR) programs for communities around
untuk masyarakat sekitar wilayah operasional.                          operational areas.




                                                                                                  2023 Integrated Annual Report      233
Page 236
PT Jakarta International Hotels & Development Tbk




Kinerja Konsolidasian Perseroan                                                        Consolidated Performance of The Company
Perseroan telah menentukan target-target kinerja yang ingin                            The Company has determined the performance targets to be
dicapai sebagaimana disampaikan dalam Rencana Kerja Anggaran                           achieved as stated in the 2023 Work Plan and Budget (RKA)
(RKA) Tahun 2023 yang disusun di awal tahun. Penyusunan target-                        prepared at the beginning of the year. The preparation of targets
target dilakukan dengan mempertimbangkan kondisi internal dan                          is carried out by considering internal and external conditions,
eksternal, peluang dan prospek di tahun mendatang, strategi                            opportunities and prospects in the coming year, mature and
usaha yang matang dan realistis, disertai pengelolaan risiko yang                      realistic business strategies, coulped with strong risk management,
kuat, sehingga diharapkan target kinerja dapat tercapai di akhir                       expecting the performance targets to achieve at the end of the
tahun.                                                                                 year.

Pencapaian kinerja Perseroan dengan 4 (empat) segmen usaha:                            The achievement of the Company’s performance in 4 (four)
hotel, real estat, jasa telekomunikasi dan jasa manajemen                              business segments: hotels, real estate, telecommunication
perhotelan, sangat tergantung dari mobilitas manusia yang                              services and hospitality management services, is highly dependent
berusaha dan bertransaksi pada unit-unit usaha Perseroan Di                            on the mobility of people who do business and transactions in
2023, kegiatan bisnis dan roda perekonomian mulai bergairah                            the Company’s business units In 2023, business activities and
sejalan dengan berakhirnya pandemi Covid-19. Hal ini tentunya                          the economy began to revive in line with the end of the Covid-19
berdampak positif terhadap sektor-sektor bisnis yang digeluti oleh                     pandemic. This certainly has a positive impact on the business
Perseroan.                                                                             sectors engaged by the Company.

Perseroan berupaya keras mewujudkan target-target secara                               The Company strives to realize its targets optimally. With strategic
optimal. Dengan kebijakan strategis tidak jauh berbeda yang                            policies that are not much different from those implemented in the
diterapkan di tahun sebelumnya, tetap fokus melakukan efisiensi                        previous year, the Company continues to focus on efficiency in
pada aspek operasional dan keuangan, serta mengoptimalkan                              operational and financial aspects, as well as optimizing marketing
strategi pemasaran di berbagai channel pemesanan, baik                                 strategies in various booking channels, both e-commerce,
e-commerce, situs hotel, digital marketing, dan media sosial untuk                     hotel sites, digital marketing, and social media to realize targets
merealisasikan target-target secara optimal. Penyesuaian terhadap                      optimally. Adjustments to targets are still being made to anticipate
target-target tetap dilakukan guna mengantisipasi potensi                              potential uncertainties that may arise at any time. [OJK F.2]
ketidakpastian yang dapat muncul sewaktu-waktu. [OJK F.2]


                                                   2023                                    2022                                        2021
 Keterangan                                                                                  Realisasi                                  Realisasi
                                                  Realisasi
 Description                        Target                       (2 : 1)      Target                        (2 : 1)     Target                          (2 : 1)
                                                 Realization                                Realization                                Realization
                                      (1)                         (%)           (1)                          (%)          (1)                            (%)
                                                     (2)                                        (2)                                        (2)

Kinerja Segmen Usaha
Business Segment
Performance
Usaha Hotel                        652.450,9      565.934,1           86,7    455.978,5        469.518,8      102,9     278.530,4        296.875,2        106,6
Hotel Business
Real Estat                         666.533,9      630.614,9           94,6    542.887,4        557.559,7      102,7      419.321,9        388.651,9        92,7
Real Estate
Jasa Telekomunikasi                288.756,6      263.336,7            91,2   260.795,0        237.454,3         91,1   251.240,0         215.607,9        85,8
Telecommunication
Services
Jasa Manajemen                         4.571,6      6.032,2           131,9      5.984,7          2.445,2      40,9        3.225,1            1.804,3      55,9
Perhotelan
Hospitality Management
Services
Kinerja Keuangan
Financial Performance
Jumlah Pendapatan                  1.612.313,0   1.612.313,0   1.465.917,9         90,9      1.266.978,0       100,1    952.326,4        902.939,3         94,8
Total Revenue
Laba (Rugi) Bersih                 224.684,0      224.684,0     214.124,5          95,3        132.575,4     262,4       (118.186,7)      (113.618,4)       96,1
Net Profit (Loss)

Catatan | Note: Target dan realisasi dalam Rp Juta
Note: Target and realization in Rp Million


Perolehan pendapatan Perseroan secara konsolidasian pada                               The Company's consolidated revenue in 2023 reached Rp1.47
2023 mencapai Rp1,47 triliun, naik 15,7% dari capaian 2022                             trillion, up 15.7% from the 2022 achievement of Rp1.27 billion. The
sebesar Rp1,27 triliun. Capaian pendapatan 2023 mencapai 90,9%                         2023 revenue reached 90.9% of the predetermined target. In
dari target yang telah ditetapkan. Sejalan dengan peningkatan                          line with the increase in revenue, the Company's net profit also
pendapatan, laba bersih Perseroan juga tercatat mengalami                              recorded a significant growth of 61.5% from Rp132.58 billion to
pertumbuhan signifikan sebesar 61,5% dari Rp132,58 miliar menjadi                      Rp214.12 billion, or 95.3% of the target.
Rp214,12 miliar, atau 95,3% dari yang ditargetkan.




234        Laporan Tahunan Terintegrasi 2023
Page 237
                                                                                                 Integrating Excellence for Sustainability




Penerapan Keuangan Keberlanjutan [OJK F.3]                                  Implementation of Sustainable Finance [OJK F.3]




                                                                                                                                                      Prologue
                                                                                                                                                       Prolog
Perseroan tidak melakukan investasi dan memiliki proyek yang                The Company did not make investments and have projects that are
sejalan dengan prinsip keuangan berkelanjutan di sepanjang                  in line with the principles of sustainable finance throughout 2023.
2023.

Nilai Ekonomi                                                               Economic Value




                                                                                                                                                      Performamnce Highlights
Posisi keuangan konsolidasian Perseroan dan entitas anaknya                 The consolidated financial position of the Company and its




                                                                                                                                                           Ikhtisar Kinerja
tanggal 31 Desember 2023 diaudit oleh auditor independen dari               subsidiaries as of December 31, 2023 was audited by independent
KAP Mirawati Sensi Idris dengan Leo Susanto sebagai signing                 auditors from KAP Mirawati Sensi Idris with Leo Susanto as signing
partner, dan mendapat opini “Wajar tanpa Pengecualian” dalam                partner and received an “Unqualified” opinion in all material
semua hal yang material.                                                    respects.

Berdasarkan laporan keuangan konsolidasian yang telah diaudit,              Based on the audited consolidated financial statements, the
akan dielaborasi nilai ekonomi Perseroan, yang terdiri dari:                Company’s economic value will be elaborated, which consists of
nilai ekonomi langsung yang dihasilkan, nilai ekonomi yang                  direct economic value generated, economic value distributed, and




                                                                                                                                                      Laporan Manajemen
                                                                                                                                                      Management Report
didistribusikan, dan nilai ekonomi yang ditahan.                            economic value retained.

   Nilai ekonomi langsung yang dihasilkan               Nilai ekonomi yang didistribusikan                     Nilai ekonomi yang ditahan
       Direct economic value generated                      Economic value distributed                          Economic value retained
   Sejumlah pendapatan yang diperoleh dari          Sejumlah pengeluaran yang didistribusikan          Selisih antara nilai ekonomi yang dihasilkan
        hasil kegiatan bisnis perusahaan.          sebagai bentuk kontribusi perusahaan dalam             dikurangi dengan nilai ekonomi yang
  The amount of income earned as a result of       meningkatkan laju pertumbuhan ekonomi dan             didistribusikan, yang digunakan untuk
       the company's business activities.          kesejahteraan para pemangku kepentingan.                pengembangan usaha perusahaan.




                                                                                                                                                      Profil Perusahaan
                                                                                                                                                       Company Profile
                                                     The amount of expenditure distributed as            The difference between the economic
                                                      a form of the company's contribution to             value generated minus the economic
                                                    increasing the rate of economic growth and           value distributed, which is used for the
                                                            the welfare of stakeholders.                development of the company's business.



Perseroan mencatat peningkatan total pendapatan 2023 sebesar                The Company recorded an increase in total revenue in 2023 by
16,5% dari Rp1,42 triliun menjadi Rp1,66 triliun, yang dikontribusikan      16.6% from Rp1,42 trillion to Rp1.66 trillion, contributed by operating




                                                                                                                                                      Analisis dan Pembahasan Manajemen
dari pendapatan usaha sebesar Rp1,47 triliun dan penghasilan lain-          revenue of Rp1.47 trillion and other income - net of Rp194.27 billion.




                                                                                                                                                       Management Discussion and Analysis
lain – bersih sebesar Rp194,27 miliar.

Pandemi Covid-19 yang mereda membawa dampak yang positif                    The subsiding Covid-19 pandemic has brought a positive impact on
terhadap bisnis Perseroan. Mobilitas masyarakat yang meningkat              the Company’s business. The increased mobility of the community
membawa pengaruh meningkatnya jumlah pengunjung dan tamu                    has resulted in an increase in the number of visitors and guests
pada segmen usaha hotel dan real estat Perseroan. Pendapatan                to the Company’s hotel and real estate business segments. Hotel
segmen usaha hotel meningkat 20,5% dari Rp469,52 miliar                     business segment revenue increased 20.5% from Rp469.52 billion
menjadi Rp565,93 miliar, yang diikuti oleh pendapatan segmen                to Rp565.93 billion, followed by real estate business segment
usaha real estat yang meningkat 13,1% dari Rp557,56 miliar menjadi          revenue which increased 13.1% from Rp557.56 billion to Rp630.61
Rp630,61 miliar. Sementara itu, pendapatan segmen usaha jasa                billion. Meanwhile, telecommunication services business segment
telekomunikasi naik 10,9% dari Rp237,45 miliar menjadi Rp263,34             revenue increased 10.9% from Rp237.45 billion to Rp263.34 billion,
miliar, dan jasa manajemen perhotelan meningkat 146,7% dari                 and hotel management services increased 146.7% from Rp2.45
Rp2,45 miliar menjadi Rp6,03 miliar.                                        billion to Rp6.03 billion.




                                                                                                                                                      Human Capital
                                                                                                                                                      Human Capital
Sejalan dengan peningkatan perolehan pendapatan, pos-pos                    In line with the increase in revenue, expenditure items, as part
pengeluaran sebagai bagian nilai ekonomi yang didistribusikan,              of the economic value distributed, also increased. Efficiencies in
juga mengalami kenaikan. Penghematan dengan melakukan                       various areas were maintained by reducing variable costs while
efisiensi di berbagai bidang tetap diberlakukan dengan                      maintaining the Company’s financial health.
mengurangi berbagai biaya tidak tetap (variable cost) sambil tetap
menjaga kesehatan keuangan Perseroan.

Keseluruhan nilai ekonomi yang didistribusikan Perseroan 2023               The total economic value distributed by the Company in 2023
                                                                                                                                                      Tata Kelola Perusahaan
                                                                                                                                                       Corporate Governance




mencapai Rp1,47 triliun, terdiri dari beban pokok penjualan                 reached Rp1.47 trillion, consisting of cost of sales of Rp316.77
Rp316,77 miliar, jumlah beban usaha Rp1,1 triliun, dan beban pajak          billion, total operating expenses of Rp1.1 billion, and tax expenses -
– bersih Rp29,81 miliar. Terdapat peningkatan Rp173,78 miliar atau          net of Rp.29.81 billion. There was an increase of Rp173.78 billion or
13,4% dari 2022 yang tercatat sebesar Rp1,29 triliun.                       13.4% from 2022 which was recorded at Rp1.29 trillion.

Manfaat dari nilai ekonomi yang didistribusikan bagi para                   The benefits of economic value distributed to stakeholders are
pemangku kepentingan diwujudkan dalam pemberian pendapatan                  realized in the provision of income to employees, dividends to
kepada karyawan, dividen bagi pemegang saham, manfaat                       shareholders, benefits to society through social and environmental
bagi masyarakat melalui kegiatan tanggung jawab sosial dan                  responsibility activities, and contributions to nation building
lingkungan, serta kontribusi terhadap pembangunan bangsa                    through taxes and levies paid to the Government. [GRI 201-1]
                                                                                                                                                      Laporan Keberlanjutan
                                                                                                                                                       Sustainability Report




melalui pajak dan retribusi yang dibayarkan kepada Pemerintah.
[GRI 201-1]

Nilai ekonomi yang ditahan Perseroan kembali positif mencapai               The Company’s retained economic value was again positive
Rp194,13 miliar, lebih besar 46,4% dari 2022 yang tercatat                  reaching Rp194.13 billion, greater 46.4% from 2022 which was
Rp132,58 miliar.                                                            recorded at Rp132.58 billion.




                                                                                                        2023 Integrated Annual Report          235
Page 238
PT Jakarta International Hotels & Development Tbk




Nilai-Nilai Ekonomi Perseroan (2021-2023)
The Company’s Economic Values (2021-2023)
                                                    2023                2022              2021
 Keterangan                                                                                                                           Description
                                                      dalam Juta Rupiah | in million Rupiah
Nilai Ekonomi yang Dihasilkan                                                                                           Economic Value Generated

Pendapatan Usaha                                    1.465.917,9         1.266.978,0        902.939,3                                     Revenue
Penghasilan lain-lain - Bersih                       194.272,6            157.881,7           137.245,1                         Other Income - Net
Jumlah Pendapatan                                   1.660.190,5         1.424.859,8       1.040.184,4                              Total Revenues
Nilai Ekonomi yang Didistribusikan                                                                                     Economic Value Distributed
Beban Pokok Penjualan                                316.768,3           294.150,6         256.383,0                             Cost of Revenues
Jumlah Beban Usaha                                  1.099.488,7          980.654,3         886.648,6                      Total Operating Expenses
Beban Pajak – Bersih                                  29.809,0             17.479,5            10.771,2                          Tax Expense - Net
Jumlah Pengeluaran                                 1.466.065,0          1.292.284,4       1.153.802,8                            Total Expenditure
Nilai Ekonomi yang Ditahan                            194.125,5          132.575,4         (113.618,4)                    Economic Value Retained


Hubungan Dengan Kemitraan [GRI 2-6]                                            Relationship with Partnerships [GRI 2-6]
Perseroan dengan keberadaan usahanya memberikan kesempatan                     The Company with its business existence provides opportunities
bagi semua pihak untuk bertumbuh bersama melalui penciptaan                    for all parties to grow together through the creation of economic
nilai ekonomi. Setiap vendor ataupun mitra kontraktor/pemasok                  value. Every vendor or contractor/supplier partner has an equal
memiliki kesempatan yang setara untuk bekerja sama sepanjang                   opportunity to work together as long as the criteria and technical
kriteria dan persyaratan teknis yang ditetapkan oleh Perseroan                 requirements set by the Company are met. Partners are also
terpenuhi. Para mitra kerja juga diharapkan dapat menerapkan                   expected to apply sustainability values, for example in terms of
nilai keberlanjutan misalkan dalam hal proses pengadaan yang                   procurement processes that do not contain elements of bribery,
tidak mengandung unsur suap, produk atau material bersumber                    products or materials sourced from environmentally friendly
dari ramah lingkungan, dan mitra kerja yang bersih dari isu-isu                sources, and partners who are clean from social and labor issues.
sosial dan ketenagakerjaan.

Pedoman standar pengadaan barang dan jasa Perseroan dan                        The standard guidelines for the procurement of goods and services
Entitas Anak tertuang dalam Buku Pedoman Standar Perjanjian/                   of the Company and its Subsidiaries are contained in this Goods/
Kontrak Pengadaan Barang/Jasa ini, terdiri dari 3 (tiga) buku untuk            Services Procurement Agreement/Contract Standard Guidebook,
proses: Pengadaan Barang, Jasa Kontruksi, dan Jasa Konsultansi                 consisting of 3 (three) books for the process: Procurement of
& Jasa Lainnya. Buku Pedoman Standar Pengadaan Barang/Jasa                     Goods, Construction Services, and Consultancy Services & Other
ditetapkan sebagai landasan tata laksana kegiatan operasional                  Services. The Goods/Services Procurement Standard Guidebook
Perseroan dan Entitas Anak dalam memilih penyedia barang/jasa                  is established as the basis for the operational procedures of the
yang handal, berpengalaman dan mempunyai kemampuan teknis                      Company and its Subsidiaries in selecting goods/services providers
dan keuangan yang cukup, dengan tetap mempertimbangkan                         who are reliable, experienced and have sufficient technical
prinsip-prinsip efisien, efektif, kompetitif, transparan, adil, wajar          and financial capabilities, while still considering the principles
dan dapat dipertanggungjawabkan, sehingga pada akhirnya dapat                  of efficient, effective, competitive, transparent, fair, reasonable
diperoleh produk yang dibutuhkan perusahaan dengan tepat                       and accountable, so that in the end the products needed by the
diukur dari aspek kualitas, jumlah, waktu dan biaya.                           company can be obtained appropriately measured in terms of
                                                                               quality, quantity, time and cost.

Pedoman ini memberikan panduan kepada tim yang melakukan                       This guideline provides guidance to the team that prepares the
penyusunan Perjanjian/Kontrak dengan pihak pengadaan Barang/                   Agreement/Contract with the procurer of Goods/Services as a
Jasa sebagai referensi terhadap pasal-pasal yang disarankan                    reference to the suggested articles that must be included in the
harus tercantum di dalam Perjanjian/Kontrak yang disusun, agar                 Agreement/Contract prepared, so that the Agreement/Contract
Perjanjian/Kontrak yang disusun sesuai dengan kebutuhan, jenis                 prepared is in accordance with the needs, type of work and
pekerjaan dan kondisi perusahaan. Dalam hal ini diatur sejumlah                conditions of the company. In this case, a number of obligations
kewajiban bagi vendor/mitra di antaranya mengisi komitmen K3L                  for vendors/partners are regulated, including filling out HSE
dan melaporkannya di kontrak kerja, serta diwajibkan menerapkan                commitments and reporting them in the work contract, and are
SMK3L.                                                                         required to implement OHS Management System (SMK3L).

Perseroan menjalin hubungan kemitraan yang harmonis dan                        The Company establishes harmonious and synergistic partnership
sinergis dengan para vendor ataupun mitra kontraktor/pemasok                   relationships with vendors or contractor/supplier partners
dalam mendukung kelangsungan rantai pasokan dan kelancaran                     in supporting the continuity of the supply chain and smooth
operasional. Perseroan memprioritaskan pengadaan barang                        operations. The Company prioritizes the procurement of goods
dan/atau jasa, lebih kepada penyedia lokal yang berdomisili di                 and/or services, preferably to local providers domiciled in
Indonesia, dan juga bermitra dengan pelaku usaha dari Usaha                    Indonesia, and also partners with business actors from Micro, Small
Mikro Kecil Menengah (UMKM), dalam upaya pemberdayaan                          and Medium Enterprises (MSMEs), in an effort to empower them
agar semakin maju dan berkembang, yang selanjutnya dapat                       to progress and develop, which in turn can strengthen national
memperkuat ketahanan ekonomi nasional.                                         economic resilience.




236      Laporan Tahunan Terintegrasi 2023
Page 239
                                                                                                      Integrating Excellence for Sustainability




Keseluruhan Vendor, kontraktor dan Pemasok Perseroan dan Entitas Anak (2021-2023)




                                                                                                                                                              Prologue
Overall Vendors, contractors and Suppliers of the Company and its Subsidiaries (2021-2023)




                                                                                                                                                               Prolog
                                                              2023                                2022                                   2021
 Perseroan dan Entitas Anak
                                                Total         Lokal      %           Total        Lokal         %           Total        Lokal        %




                                                                                                                                                              Performamnce Highlights
Perseroan                                               36        36      100,0          30               30    100,0               25          25    100,0




                                                                                                                                                                   Ikhtisar Kinerja
Hotel Borobudur Jakarta                             210           210     100.0         289          289        100,0           291         291       100,0
PT Danayasa Arthatama                                131          131     100,0          98               98    100,0               93          93    100,0
PT First Jakarta International                          171       170         99,4       192          188           97,9        186         184       98,9
PT Artha Telekomindo                                    75        72       96,0              67           64     95,5               85           81   95,3
PT Pacific Place Jakarta                            255          255      100,0         234          234        100,0           176          176      100,0
Jumlah | Total                                      747          743       99,5         812          805            99,1        763         757       99,2




                                                                                                                                                              Laporan Manajemen
                                                                                                                                                              Management Report
Perseroan juga membuka peluang untuk menjalin kerjasama                         The Company also provides opportunities to cooperate with
dengan pemasok internasional. Kerjasama ini yang dimungkinkan                   international suppliers. This cooperation is possible if the goods
apabila barang dan jasa yang diperlukan tidak dapat dipenuhi oleh               and services required cannot be fulfilled by national suppliers or
pemasok nasional atau karena ada alasan/pertimbangan khusus.                    for special reasons/considerations.

                                                Pedoman Standar Pengadaan Barang dan Jasa
                                          Goods and Services Procurement Standard Guidelines




                                                                                                                                                              Profil Perusahaan
                                                                                                                                                               Company Profile
                                                                                                                                                              Analisis dan Pembahasan Manajemen
                                                                                                                                                               Management Discussion and Analysis
    Buku Pedoman Standar Pengadaan Barang/Jasa diresmikan mulai berlaku di lingkungan Perseroan dan Entitas Anak pada 28 Mei 2021 (disosialisasi
   pada 9 Juni 2021), yang disempurnakan dengan 3 (tiga) buku Pedoman Perjanjian/Kontrak Pengadaan Barang/Jasa di: Jasa Konsultansi & Jasa Lainnya,
                                                       Jasa Konstreuksi, dan Pengadaan Barang.

       The Goods/Services Procurement Standard Guidebook was inaugurated to take effect within the Company and its Subsidiaries on May 28, 2021
    (socialized on June 9, 2021), which was enhanced with 3 (three) Goods/Services Procurement Agreement/Contract Guidebooks in: Consulting & Other
                                                 Services, Construction Services, and Goods Procurement.




                                                                                                                                                              Human Capital
                                                                                                                                                              Human Capital
Dukungan     Terhadap     Tujuan     Pembangunan                                Support for Sustainable Development Goals (SDGs)
Berkelanjutan (TPB) Terkait Kinerja Ekonomi                                     Related to Economic Performance

         Dukungan terhadap SDGs
                                                                 Keterangan                                                Description
            Support for SDGs

                                           Memperkuat ketahanan ekonomi nasional serta              Strengthening national economic resilience and
                                                                                                                                                              Tata Kelola Perusahaan
                                                                                                                                                               Corporate Governance



                                           mendukung ekonomi kerakyatan melalui jaringan            supporting the people’s economy through the
                                           rantai nilai Perseroan yang terdiri dari 874 pemasok     Company’s value chain network which consists of 874
                                           lokal.                                                   of the Company’s local suppliers.

                                           Mendukung kelangsungan rantai pasokan dan Support for supply chain continuity and seamless
                                           kelancaran operasional melalui penerapan proses operations by implementing an inclusive and
                                           pengadaan yang inklusif dan Transparan.         transparent procurement process.


                                           Berkontribusi pada pembangunan nasional berupa Contribute to national development through levy and
                                           kewajiban retribusi dan pajak.                 tax obligations.
                                                                                                                                                              Laporan Keberlanjutan
                                                                                                                                                               Sustainability Report




                                                                                                               2023 Integrated Annual Report           237
Page 240
PT Jakarta International Hotels & Development Tbk




Kinerja Lingkungan Hidup                                                      Environmental Performance




                                     Legalitas Peraturan Lingkungan Hidup | Legality of Environmental Regulations

 1   Undang-Undang No. 32 Tahun 2009                                       Perlindungan dan Pengelolaan Lingkungan Hidup
     Law No. 32 of 2009                                                    Environmental Protection and Management

 2   Peraturan Menteri Lingkungan Hidup No. 8 Tahun 2010                   Kriteria dan Sertifikasi Bangunan Ramah Lingkungan
     Minister of Environment Regulation No. 8 Year 2010                    Green Building Criteria and Certification

 3   Peraturan Pemerintah No. 27 Tahun 2012                                Izin Lingkungan
     Government Regulation No. 27 of 2012                                  Environmental Permits

 4   Peraturan Pemerintah No. 47 Tahun 2012                                Tanggung Jawab Sosial dan Lingkungan Perseroan Terbatas
     Government Regulation No. 47 of 2012                                  Social and Environmental Responsibility of Limited Liability Companies

 5   Peraturan Pemerintah No. 101 Tahun 2014                               Pengelolaan Limbah Bahan Berbahaya dan Beracun
     Government Regulation No. 101 of 2014                                 Hazardous and Toxic Waste Management

 6   Peraturan Menteri Lingkungan Hidup No. 38 Tahun 2019                  Jenis Rencana atau Usaha yang Wajib Memiliki Analisa Dampak Lingkungan
     Minister of Environment Regulation No. 38 of 2019                     (AMDAL)
                                                                           Types of Plans or Businesses Required to Have an Environmental Impact
                                                                           Assessment (AMDAL)

 7   Peraturan Pemerintah No. 22 Tahun 2021                                Penyelenggaraan Perlindungan dan Pengelolaan Lingkungan Hidup
     Government Regulation No. 22 of 2021                                  Implementation of Environmental Protection and Management


Aspek lingkungan menjadi isu yang sangat penting dalam rangka                 Environmental aspects become a very important issue to maintain a
menjaga keseimbangan antara capaian pembangunan, perolehan                    balance between development achievements, income generation,
pendapatan dan kelestarian alam. Karenanya, Perseroan                         and nature conservation. Therefore, the Company endeavors to
berupaya memasukkan prinsip-prinsip keberlanjutan dalam aspek                 incorporate the principles of environmental sustainability into the
lingkungan ke dalam berbagai pengembangan kebijakan, strategi,                development of its policies, strategies, and business processes.
dan proses bisnisnya.

Perseroan senantiasa mematuhi standar lingkungan yang                         The Company always complies with applicable environmental
berlaku, serta menerapkan praktik lingkungan terbaik. Berbagai                standards and implements best environmental practices.
program terkait lingkungan hidup difokuskan kepada praktik                    Various programs related to the environment are focused on
bisnis berwawasan lingkungan, peningkatan efisiensi kegiatan                  environmentally sound business practices, improving the efficiency
bisnis yang dijalankan, dan penekanan dampak negatif terhadap                 of business activities carried out, and suppressing negative
lingkungan yang ditimbulkan dari operasional bisnis Perseroan.                impacts on the environment arising from the Company’s business
                                                                              operations.




238     Laporan Tahunan Terintegrasi 2023
Page 241
                                                                                                            Integrating Excellence for Sustainability




Dalam operasional bisnisnya dihindari praktik usaha yang dapat                        In its business operations, business practices that can pollute




                                                                                                                                                                  Prologue
                                                                                                                                                                   Prolog
mencemari lingkungan, dan berpotensi mengganggu kehidupan                             the environment and potentially disrupt the lives of surrounding
masyarakat sekitarnya. Pengelolaan dampak lingkungan                                  communities are avoided. Environmental impact management
hidup dilakukan terpadu, mulai dari pencegahan, penanganan,                           is carried out in an integrated manner, starting from prevention,
pengendalian, pemenuhan, hingga pelestarian. Perseroan                                handling, control, and fulfilment, to preservation. The Company




                                                                                                                                                                  Performamnce Highlights
meyakini dari proses bisnis yang seimbang dengan prinsip                              believes that a balanced business process with sustainable
berkelanjutan akan membuat perusahaan dapat mencapai                                  principles will enable the Company to achieve growth in harmony




                                                                                                                                                                       Ikhtisar Kinerja
pertumbuhan selaras dengan kualitas lingkungan hidup yang lebih                       with better environmental quality in the future.
baik di masa mendatang.

Biaya Lingkungan Hidup [OJK F.4]                                                      Environmental Costs [OJK F.4]
Biaya untuk tanggung jawab sosial perusahaan terkait pengelolaan                      Costs for corporate social responsibility related to environmental
lingkungan hidup yang dikeluarkan oleh Perseroan dan Entitas                          management incurred by the Company and its Subsidiaries were
Anak tercatat sebesar Rp4,39 miliar selama 2023, meningkat 71,5%                      recorded at Rp4.39 billion during 2023, an increase of 71.5% from
dari sebelumnya Rp2,56 miliar di 2022. Biaya tersebut digunakan                       Rp2.56 billion in 2022. The costs were used for reforestation,




                                                                                                                                                                  Laporan Manajemen
                                                                                                                                                                  Management Report
untuk biaya penghijauan, pengolahan limbah: cair, domestik dan                        waste treatment: liquid, domestic, and hazardous, water and air
B3, sampling air dan udara, pembasmian hama, dan lain-lain.                           sampling, pest control, and others.


                          Biaya Lingkungan Hidup Entitas Anak 2023 | Environmental Costs of Subsidiaries 2023
                                                                                                            Entitas Anak
                 Penggunaan Biaya (dalam Rp Juta)                                                            Subsidiary
 No
                     Cost Usage (in IDR Million)
                                                                  Jumlah | Total             HBJ                DA               FJI              PPJ




                                                                                                                                                                  Profil Perusahaan
                                                                                                                                                                   Company Profile
  1    Penghijauan (perawatan taman)                                          1.161                                                    468,0            693,0
       Greening (garden maintenance)
  2    Pengolahan limbah:                                                  1.619,5                  131,1              11,3            222,0         1.255,4
       Waste treatment:
       a    Pengangkutan/pengolahan sampah                                   414,0                  96,0                               222,0             96,0
            Garbage collection/treatment
       b    Pengolahan air limbah                                          1.158,2                  18,2                                                1.140,0




                                                                                                                                                                  Analisis dan Pembahasan Manajemen
                                                                                                                                                                   Management Discussion and Analysis
            Waste water treatment
       c    Pengangkuran/pengolahan limbah B3                                 47,3                  16,9               11,3                               19,4
            Hazardous waste capture/treatment
  3    Sampling air, udara, & kebisingan                                    526,8                    71,7            234,6             216,0               4,5
       Water, air, & noise sampling
  4    Uji emisi: genset & boiler                                            186,1                                                                        186,1
       Emission testing: generators & boilers
  5    Pembasmian hama (pest control)                                       895,2                                    283,0             132,2            480,0
       Pest control
Jumlah | Total                                                            4.388,9                  202,8             528,9          1.038,2          2.619,0
Catatan | Note: HBJ : Hotel Borobudur Jakarta, DA : PT Danayasa Arthatama, FJI : PT First Jakarta International, PPJ : PT Pacific Place Jakarta




                                                                                                                                                                  Human Capital
                                                                                                                                                                  Human Capital
Material Ramah Lingkungan [OJK F.5]                                                   Environmentally Friendly Materials [OJK F.5]
Setiap segmen usaha Perseroan dan Entitas Anak (hotel, real estat,                    Each business segment of the Company and its Subsidiaries
jasa telekomunikasi, dan jasa manajemen perhotelan) memiliki                          (hotels, real estate, telecommunication services, and hospitality
kebutuhan bahan baku material untuk operasional yang berbeda-                         management services) has different raw material requirements for
beda, dimana pengadaannya dilakukan oleh masing-masing unit                           operations, which are procured by each business unit.
usaha.
                                                                                      Raw materials for operational purposes, such as fuel oil, paper
                                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                                   Corporate Governance




Bahan baku untuk keperluan operasional, seperti bahan bakar                           and office stationery are met from domestic procurement, while
minyak, kertas dan alat tulis kantor dipenuhi dari pengadaan dalam                    some hospitality needs for the hotel business come from overseas
negeri, sedangkan sebagian keperluan hospitality untuk bisnis                         suppliers or imports. In procuring raw materials, the Company
perhotelan berasal dari pemasok luar negeri atau impor. Dalam                         ensures that the specifications and quality of raw materials are
melakukan pengadaan bahan baku, Perseroan memastikan agar                             consistent, keeping the quality of products and services from the
spesifikasi dan mutu bahan baku terjaga konsistensinya, sehingga                      Company’s business units at the best standard. The procurement
kualitas produk dan jasa dari unit-unit usaha Perseroan tetap                         process is always carried out on time, and tailored to the needs to
berada pada standar yang terbaik. Proses pengadaan senantiasa                         minimize losses on the potential excess stock.
dilakukan tepat waktu, dan disesuaikan dengan kebutuhan guna
meminimalisasi kerugian atas potensi stok yang berlebih.
                                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                                   Sustainability Report




Di lingkungan operasional Perseroan dan Entitas Anak mulai                            In the operational environment of the Company and its Subsidiaries,
digalakan penggunaan beberapa material yang ramah lingkungan                          the use of environmentally friendly and recyclable materials has
dan dapat didaur ulang secara bertahap. Terutama dalam aktivitas                      been gradually promoted. Especially in administrative and logistical
pendukung bersifat administratif dan logistik, mengganti lampu                        support activities, replacing lighting in the Company’s business
penerangan di unit-unit usaha Perseroan dengan lampu LED yang                         units with environmentally friendly LED lights.
ramah lingkungan.




                                                                                                                     2023 Integrated Annual Report        239
Page 242
PT Jakarta International Hotels & Development Tbk




Penggunaan produk ramah lingkungan di Hotel Borobudur                                     The use of environmentally friendly products at Hotel Borobudur
Jakarta telah dilakukan sejak 2012, yaitu seperti pada amenities                          Jakarta has been carried out since 2012, such as in guest room
kamar tamu yang telah menggunakan bahan dasar kayu, plastik                               amenities that have used wood-based materials, biodegradable
diodegradable, paper straw dan goodie bag & paper bag di                                  plastics, paper straws, and goodie bags & paper bags in restaurants
restoran dan gerai hotel.                                                                 and hotel outlets.

Penggunaan sisa material yang masih dapat digunakan telah                                 The use of leftover materials that can still be used has been carried
dilakukan dalam operasional sehari-hari, seperti mengoptimalkan                           out in daily operations, such as optimizing the use of opaque paper
penggunaan kertas buram yang berasal dari hasil daur ulang                                from recycled paper. This initiative not only saves costs in the long
kertas. Inisiatif ini tidak hanya mampu menghemat biaya dalam                             run but also supports environmental issues.
jangka panjang, namun juga sekaligus mendukung isu lingkungan
hidup.


               Penggunaan Material Ramah Lingkungan 2023 | Use of Environmentally Friendly Materials 2023 [GRI 301-1]

         Material           Satuan                       2023                                                2022                                             2021
         Materials           Unit        HBJ        DA      FJI             PPJ           HBJ         DA         FJI             PPJ         HBJ         DA        FJI          PPJ
1     Bahan tak terbarukan | Non-renewable materials
      Chemical for             Kg           183                   112         264           257                        112           264           201                   112      264
      treatment
      Chemical for             Kg                          11.040                                                10.558                                            5.651
      cleaning
                              Pcs          389                                              337                                                    197
      Tissue                   Kg                          40.274          22.565                                26.817           15.565                          18.416        11.346
                              Box         1.486                                             1.101                                              909
2     Bahan terbarukan | Renewable material
      Lampu LED               Pcs           714                                             853                                                    821
      LED light
3     Lainnya | Others
      Pupuk Kompos             Kg        16.197                 960               95      14.075                    950                50    13.374                  960              47
      Compost fertiliser
      Kertas daur ulang        Kg                          40.633          295.114                               34.177          145.366                          29.967        8.294
      Recycled paper
      Plastik ekolabel         Kg       79.600                             722.939        54.147                               782.404      68.400                              14.103
      Ecolabelled plastic
Catatan | Note: HBJ : Hotel Borobudur Jakarta, DA : PT Danayasa Arthatama, FJI : PT First Jakarta International, PPJ : PT Pacific Place Jakarta


Penggunaan Energi [OJK F.6, F.7] [GRI 302-1]                                              Energy Usage [OJK F.6, F.7] [GRI 302-1]
Perseroan masih menggunakan energi listrik, energi bahan bakar                            The Company still uses electricity, diesel fuel, Liquefied Petroleum
minyak (BBM) jenis solar, Liquefied Petroleum Gas (LPG), dan                              Gas (LPG), and Liquefied Natural Gas (LNG) supplied by third
Liquefied Natural Gas (LNG) yang dipasok pihak ketiga, sebagai                            parties, as energy sources. However, the Company will endeavor
sumber energi. Namun, Perseroan akan berupaya secara bertahap                             to gradually transition from fossil-based energy to renewable
melakukan transisi energi dari energi berbasis fosil ke energi baru                       energy. This is the Company’s initiative to implement sustainability
terbarukan. Hal tersebut merupakan inisiatif Perseroan untuk                              in the long term.
menerapkan keberlanjutan dalam jangka panjang.

Untuk mengurangi tingkat konsumsi energi, Perseroan melakukan                             To reduce the level of energy consumption, the Company makes
upaya penghematan energi dalam aktivitas produksi maupun                                  efforts to save energy in production activities and supporting
aktivitas pendukung. Secara bertahap diganti peralatan-peralatan                          activities. Gradually, energy-intensive operational equipment is
operasional yang boros energi dengan yang hemat energi.                                   replaced with energy-efficient ones. The Company also monitors
Perseroan juga melakukan monitoring dan evaluasi pemakaian                                and evaluates the use of such equipment, and applies careful
peralatan tersebut, serta menerapkan kontrol yang cermat pada                             controls on its use.
penggunaannya.

Penggunaan Bahan Bakar Minyak                                                             Use of Fuel
Penggunaan bahan bakar minyak terutama solar, masih digunakan                             The fuel, especially diesel, is still used for heating generator sets in
untuk pemanasan generator set di gedung perkantoran dan mal                               office buildings and malls of the Subsidiaries.
dari Entitas Anak.

                                                           2023                                                     2022                                          2021
         Tempat Operasional
          Place of Business                   Liter                           Rp Juta               Liter                              Rp Juta           Liter               Rp Juta
                                                            +/- (%)                                                    +/- (%)
                                              Litres                        IDR Million             Litres                           IDR Million         Litres            IDR Million
Hotel Borobodur Jakarta                            8.925            -1,9           82,8                  9.100                -1,9           84,4              9.275             86,0
PT First Pacific Jakarta                          19.550          -18,9                                 24.100               84,7                             13.050
PT Pacific Place Jakarta                          19.400          123,0           204,5                  8.700                -1,2           91,7              8.800             92,8

Jumlah | Total                                    47.875          14,3            287,3               41.900                 34,6           176,1             31.125            178,8




240      Laporan Tahunan Terintegrasi 2023
Page 243
                                                                                                                 Integrating Excellence for Sustainability




Penggunaan Listrik                                                                      Electricity Usage




                                                                                                                                                                                Prologue
                                                                                                                                                                                 Prolog
Penggunaan listrik merupakan konsumsi energi terbesar pada                              The use of electricity is the largest energy consumption in the
kegiatan operasional unit-unit usaha Perseroan. Lokasi dari unit-                       operational activities of the Company’s business units. The
unit usaha Perseroan seperti Hotel Borobudur Jakarta di Jakarta                         locations of the Company’s business units such as Hotel Borobudur
Pusat dan Kawasan SCBD di Jakarta Selatan masuk dalam wilayah                           Jakarta in Central Jakarta and SCBD Area in South Jakarta are




                                                                                                                                                                                Performamnce Highlights
prioritas utama pasokan listrik PLN (wilayah zero down time                             included in the main priority area of PLN electricity supply (zero
electricity).                                                                           down time electricity area).




                                                                                                                                                                                     Ikhtisar Kinerja
Perseroan memiliki genset yang berfungsi sebagai back up dengan                         The Company has a generator set that functions as a back up with a
waktu nyala 10 detik, sebagai antisipasi terjadinya pemadaman.                          10-second turn-on time, in anticipation of a blackout. At Borobudur
Di Hotel Borobudur terdapat lima genset yang keseluruhannya                             Hotel there are five generators with a total capacity of 4,600 KVA,
berkapasitas 4.600 KVA, dan di kawasan SCBD terdapat genset                             and in the SCBD area there are 400 KVA x 2 generators for area
berkapasitas 400 KVA x 2 untuk fasilitas kawasan.                                       facilities.




                                                                                                                                                                                Laporan Manajemen
                                                                                                                                                                                Management Report
                                                Volume Penggunaan Listrik | Electricity Usage Volume

  Penggunaan listrik Perseroan dan Entitas Anak di tempat usaha: Hotel                  The Company’s and Subsidiaries’ electricity usage at the business
  Borobudur Jakarta, Kawasan SCBD dan Pacific Place Jakarta tercatat                    premises: Hotel Borobudur Jakarta, SCBD Area and Pacific Place
  sebesar 109.864.633,2 Kwh di sepanjang 2023. Mengalami kenaikan                       Jakarta was recorded at 109,864,633.2 Kwh throughout 2023. An
  hingga 4.573.130,2 Kwh atau 4,4% dari tahun sebelumnya yang tercatat                  increase of up to 4,573,130.2 Kwh or 4.4% from the previous year which
  105.291.503 Kwh.                                                                      was recorded at 105,291,503 Kwh.




                                                                                                                                                                                Profil Perusahaan
                                                                                                                                                                                 Company Profile
  Kenaikan listrik relatif besar di kawasan SCBD, dan Entitas Anak: PT                  The increase in electricity was relatively large in the SCBD area, and its
  First Jakarta International dan PT Pacific Place Jakarta disebabkan oleh              subsidiaries: PT First Jakarta International and PT Pacific Place Jakarta
  kegiatan operasi yang mulai kembali normal.                                           due to normal operations.


                                                  2023                                              2022                                           2021
      Tempat Operasional
       Place of Business                                                                                   +/-
                                        Kwh            +/- (%)    Rp Mil.                 Kwh                        Rp Mil.                Kwh             Rp Mil.
                                                                                                           (%)




                                                                                                                                                                                Analisis dan Pembahasan Manajemen
                                                                                                                                                                                 Management Discussion and Analysis
   Hotel Borobodur Jakarta             18.868.850          0,9         23,9                18.702.600         7,5          23,6               17.405.500           21,8

   Kawasan SCBD                          277.303,2         -2,9         1,3                     285.691       1,0           1,2               282.843,9            1,01
   SCBD area
   PT First Jakarta                    27.443.460           3,1        30,6                26.627.340         2,7          29,8             25.924.380             29,1
   International
   PT Pacific Place Jakarta           63.295.020            6,1        74,6                59.675.872        23,1          70,3             48.482.200             56,4

   Jumlah |Total                   109.864.633,2           4,4     130,4                 105.291.503         14,3      124,9            92.094.923,9              108,3




Penggunaan Gas                                                                          Gas Usage
Penggunaan gas di tempat usaha Perseroan dan Entitas Anak:                              Gas usage at the Company and its subsidiaries’ business premises:




                                                                                                                                                                                Human Capital
                                                                                                                                                                                Human Capital
Hotel Borobudur Jakarta dan Pacific Place Jakarta tercatat sebesar                      Hotel Borobudur Jakarta and Pacific Place Jakarta was recorded at
63.764,3 MMbtu di sepanjang 2023. Terdapat kenaikan hingga                              63,764.3 MMbtu throughout 2023. There was an increase of up to
2.920,5 MMbtu atau 4,8% dari 60.753,3 MMbtu yang tercatat di                            2,920.5 MMbtu or 4.8% from 60,753.3 MMbtu recorded in 2022.
2022.

                                                           2023                                               2022                                         2021
         Tempat Operasional
          Place of Business                                                    Rp                                                  Rp                                Rp
                                                                                                                                                                                Tata Kelola Perusahaan
                                                                                                                                                                                 Corporate Governance



                                              MMbtu          +/- (%)                            MMbtu            +/- (%)                           MMbtu
                                                                              Million                                             Million                          Million.
Hotel Borobodur Jakarta                       30.906,3            0,2              4,7            30.852,8            4,5              4,6           29.279,7             4,3

PT Pacific Place Jakarta                         32.858           9,6              5,0              29.991           25,5              4,5             23.893             4,0

Jumlah | Total                                63.764,3            4,8              9,7            60.843,8           14,4               9,1           53.172,7            8,3
                                                                                                                                                                                Laporan Keberlanjutan
                                                                                                                                                                                 Sustainability Report




                                                                                                                           2023 Integrated Annual Report                  241
Page 244
PT Jakarta International Hotels & Development Tbk




Penggunaan Air [OJK F.8] [GRI 303-5]                                                Water Usage [OJK F.8] [GRI 303-5]
Keberadaan air bersih dalam operasional Perseroan di hotel,                         The existence of clean water in the Company’s operations in
kawasan dan mal, merupakan suatu kemutlakan, dan harus                              hotels, areas, and malls, is a necessity and must be available under
tersedia sesuai dengan ketentuan persyaratan standar dan                            the provisions of standard and quality requirements. In connection
kualitas. Sehubungan dengan hal tersebut telah dilakukan                            with this, a water management mechanism has been carried out.
mekanisme tahapan pengelolaan air. Berawal dari perencanaan:                        Starting from planning: calculation of water needs, fulfillment
perhitungan kebutuhan air, pemenuhan kebutuhan sumber daya                          of water resources needs, water usage, then determining water
air, penggunaan air, selanjutnya penentuan kriteria dan standar air,                criteria and standards, up to monitoring, and reporting.
hingga sampai pada monitoring, dan pelaporan.

Inisiatif ini merupakan bagian dari komitmen Perseroan untuk                        This initiative is part of the Company’s commitment to preserve
melestarikan sumber daya air yang sangat penting bagi kehidupan                     water resources that are very important for human life. With the
manusia. Dengan semakin meningkatnya kebutuhan air, maka                            increasing water demand, wise management is needed. In using
dibutuhkan pengelolaan yang bijak. Dalam penggunaan air,                            water, the Company emphasizes the principle of sustainability,
Perseroan menekankan prinsip keberlanjutan, yaitu dengan                            by implementing savings and efficient use of water, as well as
menerapkan penghematan dan penggunaan air yang efisien, serta                       recycling water usage.
mendaur ulang pemakaian air.

Perseroan memperoleh pasokan air bersih yang berasal dari                           The Company obtains clean water supply from the Regional
Perusahaan Daerah Air Minum (PDAM), dengan pasokan tidak                            Drinking Water Company (PDAM), with the supply not always
selamanya tersedia dalam jumlah melimpah, bersih dan sehat,                         available in abundance, clean and healthy, following health
sesuai dengan persyaratan kesehatan. Keterbatasan sumber air                        requirements. The limitation of clean water sources that have not
bersih yang belum tercemar dapat berpengaruh pada ketersediaan                      been polluted may affect the availability of clean water supply.
pasokan air bersih.



                                                   Volume Penggunaan Air | Water Usage Volume

   Penggunaan air bersih PDAM di tempat usaha: Hotel Borobudur Jakarta,             PDAM's water usage in business premises: Hotel Borobudur Jakarta,
   Kawasan SCBD dan PT Pacific Place Jakarta tercatat 1.486.737 m3 di               SCBD Area, and PT Pacific Place Jakarta was recorded at 1,486,737 m3
   sepanjang 2023. Terdapat kenaikan penggunaan air bersih sebesar                  throughout 2023. There was an increase in water usage by 172,977 m3
   172.977 m3 atau 10,4% dari tahun sebelumnya yang tercatat 1.659.714 m3.          or 10.4% from the previous year which was recorded at 1,659,714 m3.

   Komitmen Perseroan dan Entitas Anak untuk menghemat penggunaan                   The commitment of the Company and its Subsidiaries to save clean
   air bersih direalisasikan dengan menghimbau penggunaan utilitas secara           water use is realized by calling for efficient use of utilities. The increase
   efisien. Kenaikan dan penurunan penggunaan air bersih tergantung                 and decrease in the use of clean water depends on the situation of
   situasi meningkatnya aktivitas tenant dan tamu yang beraktivitas pada            increasing tenant and guest activities at the business locations of the
   lokasi usaha-usaha dari Perseroan dan Entitas Anak.                              Company and Subsidiaries.

   Peningkatan volume penggunaan air PAM di kawasan SCBD dan PT                     The increase in the volume of PAM water usage in the SCBD area and
   Pacific Place Jakarta disebabkan karena aktivitas tenant dan tamu yang           PT Pacific Place Jakarta was due to tenant and guest activities that have
   sudah Kembali normal sejalan dengan meredanya pandemi Covid-19.                  returned to normal in line with the easing of the Covid-19 pandemic.
   Sementara penurunan penggunaan air PAM di Hotel Borobudur Jakarta                While the decrease in PAM water usage at Hotel Borobudur Jakarta was
   dikarenakan meningkatnya produksi water treatment plan di 2023.                  due to the increase in water treatment plan production in 2023.

           Tempat Operasional                            2023                                          2022                                  2021
            Place of Operation                m3           +/- (%)     Rp Mil.             m3            +/- (%)      Rp Mil.          m3            Rp Mil.
    Hotel Borobodur Jakarta                   212.448         -15,6          2,7            251.757           -14,1        3,2            293.111           3,4

    Kawasan SCBD                               812.421        -16,6          11,5           974.180           21,3        14,3           803.177           12,2
    SCBD Area

    PT First Jakarta International             93.056           -1,4         1,17            94.330          40,9          1,18          66.966           0,84

    PT Pacific Place Jakarta                  368.812           8,7           5,1           339.447         26,8            4,7          267.612            4,0

    Jumlah | Total                          1.486.737        -10,4        20,5            1.659.714           16,0        23,4        1.430.866           20,4




Sementara itu, untuk pengelolaan air limbah, Perseroan memiliki                     Meanwhile, for wastewater management, the Company has
fasilitas Sewage Treatment Plant (STP) di unit usaha dan Entitas                    Sewage Treatment Plant (STP) facilities in business units and
Anak, seperti Hotel Borobudur Jakarta dan PT Pacific Place                          subsidiaries, such as Hotel Borobudur Jakarta and PT Pacific Place
Jakarta, dengan kapasitas 400 m3 dan 2.000 m3 per hari. Air dari                    Jakarta, with a capacity of 400 m3 and 2,000 m3 per day. Water
water recycle digunakan untuk air bilas, penyiraman tanaman dan                     from water recycling is used for rinse water, plant watering and
cooling tower.                                                                      cooling tower.




242      Laporan Tahunan Terintegrasi 2023
Page 245
                                                                                                                      Integrating Excellence for Sustainability




                    Mekanisme Pengolahan Air Limbah di Entitas Anak | Wastewater Treatment Mechanism in Subsidiaries




                                                                                                                                                                                   Prologue
                                                                                                                                                                                    Prolog
              SCREEN CHAMBER                                                 BAK EQUALIZING                                                BAK AERATION




                                                                                                                                                                                   Performamnce Highlights
     Proses awal penyaringan antara                                  Proses penguraian awal oleh bakteri                          Proses penguraian oleh bakteri




                                                                                                                                                                                        Ikhtisar Kinerja
     kotoran tisu toilet dll                                         Initial decomposition process by                             Decomposition process by bacteria
     The initial process of filtering between                        bacteria
     toilet paper impurities etc




                  BAK INFLUENT                                        BAK CHAMBER SEDIMENTASI                                            BAK SEDIMENTASI 1 :
                                                                    SEDIMENTATION CHAMBER BASIN                                         SEDIMENTATION BASIN 1:




                                                                                                                                                                                   Laporan Manajemen
                                                                                                                                                                                   Management Report
     Proses pemberian chemical untuk
                                                                     Proses penghisapan lumpur endapan                            Proses penjemihan awal. Pemisahan
     pengikat lumpur yang masih terbawa
                                                                     yang berada dibawah bak sedimen                              antara lumpur mati dengan
     arus air
                                                                     yang akan dialirkan kembali ke bak                           menggunakan skimmer
     The process of applying chemicals to
                                                                     equalizing, bak airation & sludge                            Initial dewatering process. Separation
     bind mud that is still carried by water
                                                                     The process of suctioning sludge                             of dead sludge using a skimmer
     currents
                                                                     under the sediment basin which will
                                                                     be flowed back to the equalizing
                                                                     basin, airation & sludge basin.




                                                                                                                                                                                   Profil Perusahaan
                                                                                                                                                                                    Company Profile
               BAK CLEARWEEL                                        TABUNG FILTER SAND & CARBON
                                                                                                                                           BAK RESERVOAR 1
                                                                      SAND & CARBON FILTER TUB

    Proses penjernihan air ke 2 dengan                               Proses pemisahan lumpur halus dan                          Proses untuk pemurnian air dan
    pemberian kaporit untuk penjernihan air                          penghilangan bau air                                       pengendapan sisa -sisa pasir dari filter
    The 2nd water purification process                               Fine sludge separation process and                         Process for water purification and




                                                                                                                                                                                   Analisis dan Pembahasan Manajemen
                                                                                                                                                                                    Management Discussion and Analysis
    by administering chlorine for water                              deodorization of water                                     settling of sand residue from filters
    purification




                                                                             BAK RESERVOAR 2                                    hasil olahan digunakan untuk
                                                                                                                                penyiraman taman dan untuk supply
                                                                                                                                colling tower
                                                                     Hasil akhir pengolahan air                                 processed products are used for
                                                                     Water treatment end result                                 garden watering and to supply colling
                                                                                                                                towers




                                                                                                                                                                                   Human Capital
                                                                                                                                                                                   Human Capital
                                                         2023                                           2022                                           2021
     Tempat Operasional
      Place of Business               Air Limbah              Pengolahan               Air Limbah        Pengolahan                  Air Limbah         Pengolahan
                                                                               Rp                                          Rp                                               Rp
                                      Wastewater               Treatment               Wastewater         Treatment                  Wastewater          Treatment
Hotel Borobodur Jakarta                       171.864              153.163     0,8          108.274             89.413     0,9              141.004            134.153       1,3
PT First Jakarta International               100.920               79.644      0,2           117.732            77.756                       90.149              70.271
PT Pacific Place Jakarta                     425.255              223.540       3,1        372.600              131.340     1,8             211.680            103.680       1,4
                                                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                                                    Corporate Governance




Jumlah | Total                              698.039               456.347       4,1        598.606             298.509     2,7             442.833             308.104       2,7
Catatan | Note: dalam m3 dan Rp Miliar/in m3 and Rp Billion


Kawasan SCBD mengunakan pengolahan air sungai untuk                                          The SCBD area uses river water treatment for watering plants in
penyiraman tanaman di kawasan. SCBD memiliki sebuah instalasi                                the area. SCBD has a water treatment plan (WTP) installation with a
water treatment plan (WTP) yang berkapasitas 75 m3 per hari.                                 capacity of 75 m3 per day.

                                                                             2023                                   2022                                  2021
 Tempat Operasional
                                                                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                                                                    Sustainability Report




 Place of Business                                               Produksi           Pengambilan         Produksi       Pengambilan            Produksi         Pengambilan
                                                                Production            Retrieval        Production        Retrieval           Production          Retrieval
 Kawasan SCBD                                                         33.091              49.010            24.902                44.473              22.061              41.969
 SCBD Area
 Catatan | Note: dalam m3/in m3




                                                                                                                                2023 Integrated Annual Report              243
Page 246
PT Jakarta International Hotels & Development Tbk




Keanekaragaman Hayati [OJK F.9]                                    Biodiversity [OJK F.9]
Kegiatan operasional Perseroan berpotensi mengubah bentang         The Company’s operations have the potential to change the
alam, termasuk mengubah keberadaan flora dan fauna mengingat       landscape, including changing the presence of flora and fauna
wilayah operasional unit-unit usaha Perseroan berada di dalam      considering the operational areas of the Company’s business units
kota dan tempat-tempat wisata.                                     are located in cities and tourist attractions.

Ruang terbuka hijau yang ada di hotel dan kawasan dikelola,        Green open spaces in hotels and areas are managed, organised
ditata dan dikembangkan sebagai bagian upaya pemeliharaan          and developed as part of efforts to maintain biodiversity. The
keanekaragaman hayati. Keberadaan pohon-pohon berguna              presence of trees is useful for absorbing and improving air
untuk menyerap dan memperbaiki kualitas udara, mengurangi          quality, reducing the impact of pollution, while maintaining water
dampak polusi, sekaligus mempertahankan daya serap air, serta      absorption capacity, and maintaining soil fertility. The existence
menjaga kesuburan tanah. Keberadaan ruang terbuka hijau juga       of green open spaces also provides comfort for customers when
memberikan kenyamanan pelanggan saat beraktivitas di hotel         doing activities in hotels and areas.
dan kawasan.

Inisiatif ini sekaligus mempertegas komitmen Perseroan untuk       This initiative also reinforces the Company’s commitment to
menjaga agar kegiatan yang dijalankannya tidak mengganggu dan      maintain that its activities do not disturb and damage existing
merusak keanekaragaman hayati yang ada.                            biodiversity.

Usaha Konservasi [OJK F.10] [GRI 304-3]                            Conservation Efforts [OJK F.10] [GRI 304-3]
Keberadaan pohon-pohon di lokasi usaha Perseroan dan Entitas       The trees in the Company and its subsidiaries’ business locations
Anak ditata agar tumbuh berkembang dengan asri dan memberikan      are organised to grow beautifully and provide comfort. SCBD
kenyamanan. Pengelola SCBD mengembangkan lahan kosong              Manager developed the vacant Lot 17 land into a nursery of 59
Lot 17 menjadi nursery dari 59 jenis tanaman, menjadi salah satu   types of plants, becoming one of the sources of supplying the plant
sumber penyedia kebutuhan tanaman kawasan.                         needs of the area.

Perawatan secara rutin dengan melakukan pemupukan secara           Routine maintenance is carried out by conducting regular
berkala, pemangkasan bayang pada cabang dan dahan agar             fertilisation, trimming shadows on branches and boughs to balance
menyeimbangkan tajuk kanopi pohon dan mengurangi beban             the tree canopy and reduce leaf load, termite pest protection using
daun, proteksi hama rayap dengan menggunakan insektisida dan       insecticides and fungicides, as well as cleaning fungi and washing
fungisida, serta membersihkan jamur dan mencuci batang pohon       tree trunks to make them look clean.
agar terlihat bersih.

Secara berkala juga diadakan pengecekan untuk mengetahui           Periodic checks are also carried out to determine the condition of
kondisi dari pohon-pohon yang ada. Diusahakan jangan sampai        the existing trees. We try not to let any of them fall, either because
ada yang tumbang, baik karena akarnya yang telah tua, atau         of their old roots, or because of heavy rains and strong winds.
karena hujan deras dan angin kencang. Sebagian besar pohon         Most of the trees in the SCBD area have been strengthened with
yang ada di kawasan SCBD telah diperkuat dengan tiang-tiang        supporting poles, and beautified with the installation of lights.
penyangga, serta diperindah dengan pemasangan lampu.

Per 31 Desember 2023, di Hotel Borobudur Jakarta terdapat 613      As of 31 December 2023, there were 613 trees in Hotel Borobudur
pohon, yang terdiri dari 78 pohon besar, 145 pohon sedang dan      Jakarta, consisting of 78 large trees, 145 medium trees and 390
390 pohon kecil. Di kawasan SCBD ada 1.425 pohon, yang terdiri     small trees. In the SCBD area, there were 1,425 trees, consisting of
560 pohon besar dan 865 pohon kecil.                               560 large trees and 865 small trees.




244    Laporan Tahunan Terintegrasi 2023
Page 247
                                                                                                            Integrating Excellence for Sustainability




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
                                                                                                                                                                     Performamnce Highlights
                                                                                                                                                                          Ikhtisar Kinerja
                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
                                                                                                                          Kawasan SCBD
                                                Hotel Borobudur Jakarta
      Tahun                                                                                                                 SCBD Area
       Year                Jumlah               Besar           Sedang            Kecil                  Jumlah                  Besar           Kecil
                            Total               Large           Medium            Small                   Total                  Large           Small




                                                                                                                                                                     Profil Perusahaan
      2023                          613                   78              145                390                 1.425                   560             865




                                                                                                                                                                      Company Profile
      2022                          614                   79              139                396                 1.426                   554             872

          2021                      614                   67              130                417                 1.432                   558             874



Inisiatif lainnya untuk membuat keseimbangan ekosistem flora                      Another initiative to create a balanced ecosystem of flora and fauna
dan fauna adalah membuat sebuah kandang tempat penangkaran                        is to build a butterfly dome that has been located in the garden




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
kupu-kupu (butterfly dome) yang telah berada di area taman                        area of Hotel Borobudur Jakarta since 2015. The Butterfly Dome




                                                                                                                                                                      Management Discussion and Analysis
Hotel Borobudur Jakarta sejak 2015. Butterfly Dome menjadikan                     makes Hotel Borobudur Jakarta the only hotel that prioritizes a
Hotel Borobudur Jakarta merupakan satu-satunya hotel yang                         green environment based on education and biodiversity.
mengedepankan lingkungan hijau berbasis edukasi dan
keanekaragaman hayati.




                                                                                                                                                                     Human Capital
                                                                                                                                                                     Human Capital
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance




    Tahun        Jumlah     Des           Nov       Okt        Sep        Agu     Jul         Jun          Mei            Apr        Mar       Feb       Jan
     Year         Total     Dec           Nov       Oct        Sep        Aug     Jul         Jun          May            Apr        Mar       Feb       Jan
   2023            1.337       190          99            73     114        92          55         26         27                71       113    265        212
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




   2022            2.386       198          146         141      168        214     140            159       152            167          328    209       364
   2021            2.136      242           162         174      179        159     143            153       150           242           181    200        151




                                                                                                                         2023 Integrated Annual Report         245
Page 248
PT Jakarta International Hotels & Development Tbk




Sedang kawasan SCBD dengan keteduhan lingkungannya                   While the SCBD area with its shady environment has proven to be
terbukti mampu menarik perhatian berbagai jenis burung untuk         able to attract a variety of bird species to come to the area. The
mendatangi kawasan tersebut. Pemantauan terakhir ada 72 jenis        latest monitoring showed 72 bird species with an average daily
burung dengan rata-rata kedatangan harian sebanyak 1.608 ekor.       arrival of 1,608 birds.

Pengendalian Emisi [OJK F.12] [GRI 305-5]                            Emission Control [OJK F.12] [GRI 305-5]
Kegiatan operasional Perseroan menghasilkan emisi yang berasal       The Company’s operations produce emissions from stationary
dari pembakaran energi tak bergerak (stationary), pembakaran         energy combustion, energy combustion in vehicles (mobile),
energi pada kendaraan (mobile), pemakaian listrik, dan               electricity usage, and so on. Therefore, the Company conducts
sebagainya. Oleh karena itu, Perseroan melakukan pemantauan          comprehensive emission monitoring and management in an effort
dan pengelolaan emisi secara menyeluruh sebagai upaya untuk          to control emissions generated from operations.
mengendalikan emisi yang dihasilkan dari operasional.

Pengendalian emisi menjadi hal penting mendukung pengelolaan         Emission control is important to support the management of
dampak lingkungan atas kegiatan operasional utama Perseroan          environmental impacts of the Company’s main operations in
di perhotelan dan pengelolaan kawasan. Pengendalian emisi            hospitality and area management. Emission control is one of the
menjadi salah satu inisiatif penting, yang diupayakan Perseroan      important initiatives, that is pursued by the Company in maintaining
dalam mempertahankan keberadaan lingkungan yang bersih, asri,        the existence of a clean, beautiful, sustainable, and comfortable
lestari, dan nyaman untuk aktivitas pemangku kepentingan dan         environment for stakeholder activities and safety for the life of
keamanan bagi kehidupan makhluk hidup di sekitarnya.                 living things around it.

Perseroan melakukan upaya pengendalian emisi terkontrol              The Company strives to control controlled emissions within limits
dalam batas-batas yang tidak membahayakan lingkungan yang            that do not harm the environment, which includes electricity and
mencakup efisiensi energi listrik dan BBM, dan secara berkala        fuel energy efficiency, and periodically conducts exhaust emission
mengadakan pengujian emisi gas buang terhadap kendaraan-             testing of operational vehicles. Any vehicle that does not pass the
kendaraan operasional. Setiap kendaraan yang tidak lolos uji         emission test is no longer used as an operational vehicle.
emisi, maka tidak lagi difungsikan sebagai kendaraan operasional.

Limbah                                                               Waste
Volume Sampah [OJK F.13] [GRI 306-1]                                 Waste Volume [OJK F.13] [GRI 306-1]
Kegiatan operasional di unit-unit usaha Perseroan menghasilkan       Operating activities in the Company’s business units generate
limbah berupa: limbah perkantoran (kertas dan plastik), limbah       waste in the form of: office waste (paper and plastic), canteen
kantin (sisa makanan), limbah kawasan (daun-daun rontok              waste (food waste), area waste (fallen leaves and trimming waste),
dan bekas sisa pemangkasan), dan sampah-sampah yang                  and waste categorised as hazardous waste.
dikategorikan limbah B3.

Sebagian limbah sampah tersebut masih dapat dimanfaatkan             Some of these wastes can still be utilised as raw materials for
sebagai bahan baku untuk pupuk kompos. Sebagian lainnya yang         compost. Others with economic value are utilised through the
bernilai ekonomis didayagunakan melalui program bank sampah,         waste bank program, and the rest is disposed of to landfill.
dan sisanya dibuang ke pembuangan akhir.

Data volume sampah Perseroan berasal dari 4 (empat) unit usaha,      The Company’s waste volume data comes from 4 (four) business
yaitu Hotel Borobudur Jakarta, Kawasan SCBD yang dikelola oleh       units, namely Hotel Borobudur Jakarta, SCBD area managed by its
Entitas Anak PT Danayasa Arthatama, PT First Jakarta International   subsidiary PT Danayasa Arthatama, PT First Jakarta International
(Gedung BEI dengan 2 menara), dan PT Pacific Place Jakarta yang      (IDX Building with 2 towers), and PT Pacific Place Jakarta which
mengelola mal, perkantoran dan apartemen di Lot 3-5 SCBD.            manages malls, offices and apartments in Lot 3-5 SCBD.

Dari keempat unit usaha terakumulasi sampah sebanyak 3.747.286       From the four business units accumulated 3,747,286 kg of waste in
kg di 2023. Ada kenaikan 1.112.943 kg atau 42,2% dari 2022           2023. There was an increase of 1,112,943 kg or 42.2% from 2022
yang tercatat 2.635.243 kg. Dari ruang umum kawasan SCBD             which recorded 2,635,243 kg. From the public spaces of the SCBD
terkumpul sampah sebanyak 760.906 kg, naik 20,9% dari 628.872        area, 760,906 kg of waste was collected, up 20.9% from 628,872
kg yang dihasilkan di 2022. Dari PT First Jakarta International      kg generated in 2022. PT First Jakarta International generated
terdapat sampah sebanyak 192.934 kg, naik 19,1% dari 161.947         192,934 kg of waste, up 19.1% from 161,947 kg. PT Pacific Place
kg. PT Pacific Place Jakarta juga menghasilkan kenaikan sampah       Jakarta also generated an increase in waste of 926,046 kg or
sebanyak 926.046 kg atau 57,7% dari tahun sebelumnya yang            57.7% from the previous year’s 1,605,684 kg. Likewise, waste from
tercatat 1.605.684 kg. Demikian halnya dengan sampah dari            Hotel Borobudur Jakarta increased to 261,757 kg, from 238,740
Hotel Borobudur Jakarta yang meningkat hingga 261.757 kg, dari       kg in 2022.
238.740 kg di 2022.

Roda perekonomian yang semakin menggeliat di 2023 sejalan            The booming economy in 2023 in line with the increasing mobility
dengan mobilitas masyarakat yang meningkat berdampak                 of the community has a positive impact on the business activities of
positif terhadap aktivitas-aktivitas usaha Perseroan dan Entitas     the Company and its Subsidiaries in hotels, malls, office buildings,
Anak di hotel, mal, gedung perkantoran dan kawasan SCBD.             and the SCBD area. With the recovery of business activities in
Dengan semakin pulihnya kegiatan usaha di hotel, mal, gedung         hotels, malls, office buildings, and the SCBD area, an increase in the
perkantoran dan kawasan SCBD, maka adanya peningkatan                amount of waste compared to the pandemic period is inevitable.
jumlah sampah dibandingkan pada masa pandemi merupakan hal
yang tidak dapat dihindari.




246     Laporan Tahunan Terintegrasi 2023
Page 249
                                                                                                  Integrating Excellence for Sustainability




                                                Volume Sampah | Waste Volume (2021-2023)




                                                                                                                                                     Prologue
                                                                                                                                                      Prolog
                                                 2023                                    2022                                   2021
      Tempat Operasional
       Place of Business         Dihasilkan                  Dibuang       Dihasilkan                Dibuang       Dihasilkan          Dibuang
                                                  +/-(%)                                 +/-(%)
                                 Generated                   Discarded     Generated                 Discarded     Generated           Discarded




                                                                                                                                                     Performamnce Highlights
Hotel Borobodur Jakarta               261.757         9,6      235.068        238.740        19,8        212.129        199.303            174.488




                                                                                                                                                          Ikhtisar Kinerja
Ruang Umum Kawasan SCBD              760.906         20,9      760.469        628.872        53,1       622.584         410.657           406.550
SCBD Public Space
PT First Jakarta International       192.934          19,1       151.341       161.947       19,0        126.820         136.147           105.220
PT Pacific Place Jakarta            2.531.689        57,7       681.578      1.605.684      39,2        259.898        1.153.267           153.735
Jumlah | Total                     3.747.286        42,2      1.828.456     2.635.243       38,7       1.095.211      1.899.374           734.773




                                                                                                                                                     Laporan Manajemen
                                                                                                                                                     Management Report
Mekanisme Pengelolaan dan Pengolahan [OJK F.14]                            Management and Processing Mechanism [OJK F.14]
[GRI 306-2]                                                                [GRI 306-2]

Perseroan senantiasa berupaya melakukan efisiensi sumber                   The Company always strives for resource efficiency, uses
daya, menggunakan produk bahan baku yang ramah lingkungan,                 environmentally friendly raw material products, applies the
memberlakukan kebijakan 3R (reuse, reduce, recycle) sebagai                3R (reuse, reduce, recycle) policy as part of the upstream to
bagian dari proses hulu ke hilir, serta mengurangi pemakaian               downstream process, and reduces the use of materials that have
material yang berdampak buruk terhadap ekosistem lingkungan                a negative impact on the environmental ecosystem in order to




                                                                                                                                                     Profil Perusahaan
guna menjaga kualitas lingkungan dan meminimalisasi dampak                 maintain environmental quality and reduce the impact on the




                                                                                                                                                      Company Profile
terhadap lingkungan.                                                       environment.

Sebagai bentuk kepedulian dan tanggung jawab terhadap                      As a form of concern and responsibility to the environment
lingkungan (mengurangi potensi pencemaran tanah dan air),                  (reducing the potential for land and water pollution), and fulfillment
pemenuhan standar pelayanan minimal kepada pelanggan                       of minimum service standards to hotel, mall, and area customers,
hotel, mal dan kawasan, Perseroan melakukan pengelolaan dan                the Company conducts waste management and treatment (solid
pengolahan limbah (padat dan cair) dengan mekanisme yang                   and liquid) with a standard, precise and measurable mechanism.




                                                                                                                                                     Analisis dan Pembahasan Manajemen
standar, tepat dan terukur.




                                                                                                                                                      Management Discussion and Analysis
Proses pengelolaan dan pengolahan limbah dimulai dengan                    The waste management and treatment process begins with the
penyediaan tempat sampah dalam jumlah cukup, untuk                         provision of sufficient number of waste bins, to separate organic,
memisahkan antara sampah organik, nonorganik, dan B3 agar                  non-organic, and hazardous waste to facilitate waste processing,
mempermudah pengolahan sampah, termasuk dalam pemrosesan                   including recycling processing by third parties. Furthermore, the
daur ulang oleh pihak ketiga. Selanjutnya, residu dari keseluruhan         residue of all waste (organic and non-organic) is disposed of daily
sampah (organik dan nonorganik) dibuang setiap hari dengan                 using a waste carrier service to be processed outside the business
menggunakan jasa pengangkut sampah untuk diolah di luar lokasi             location or directly to the Bantar Gebang Integrated Waste
usaha atau langsung ke Tempat Pengelolaan Sampah Terpadu                   Management Site (TPST).
(TPST) Bantar Gebang.

Pupuk Kompos [GRI 306-2]                                                   Compost Fertilizer [GRI 306-2]
Sampah dari dedaunan, buah-buahan dan sayur-sayuran biasanya               Waste from leaves, fruits, and vegetables are usually processed
diolah menjadi pupuk kompos melalui proses composting.                     into compost fertilizer through the composting process. The




                                                                                                                                                     Human Capital
                                                                                                                                                     Human Capital
Produk dari sisa sayur-sayuran dan buah-buahan juga diolah                 product from leftover vegetables and fruits is also processed into a
menjadi produk berupa cairan Eco-enzyme yang dapat digunakan               product in the form of Eco-enzyme liquid that can be used to clean
membersihkan kerak-kerak yang ada di toilet.                               the crusts in the toilet.

Sementara dari pupuk kompos yang dihasilkan digunakan untuk                Meanwhile, the compost fertilizer produced is used for fertilizing
keperluan pemupukan yang tanaman-tanaman yang ada di taman-                plants in the parks. Usually, 10 kg of leaves, fruits, and vegetables
taman. Biasanya dari 10 kg sampah dedaunan, buah-buahan dan                can be processed into 5 kg of compost.
sayur mayur bisa diolah menjadi 5 kg pupuk kompos.
                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                      Corporate Governance




Tiga entitas anak Perseroan, yaitu Hotel Borobudur Jakarta, PT             Three subsidiaries of the Company, namely Hotel Borobudur
First Jakarta International dan PT Pacific Place Jakarta telah ada         Jakarta, PT First Jakarta International, and PT Pacific Place Jakarta
pengolahan pupuk kompos.                                                   have been processing compost fertilizer.

Di Hotel Borobudur Jakarta telah dilakukan pengolahan pupuk                At Hotel Borobudur Jakarta, compost has been processed since
kompos sejak 2013.Di Gedung Bursa Efek Indonesia telah                     2013. At the Indonesia Stock Exchange Building, compost has
dihasilkan pupuk kompos sejak 2019 dengan setiap tahunnya                  been produced since 2019 with around 900 kg annually. PT Pacific
sekitar 900 kg. PT Pacific Place Jakarta mulai mengolah sebagian           Place Jakarta began processing some of the waste into compost
limbah sampah menjadi pupuk kompos sejak 2020.                             fertilizer since 2020.
                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                      Sustainability Report




Keseluruhan pupuk kompos dari ketiga unit usaha Perseroan                  The total compost from the three business units reached 17,252 kg,
mencapai 17.252 kg, naik 14,4% dari 15.075 kg yang dihasilkan              up 14.4% from 15,075 kg produced in 2022. The largest production
di 2022. Produksi terbesar ada di Hotel Borobudur Jakarta yang             was at Hotel Borobudur Jakarta which reached 16,197 kg, up 15.2%
mencapai 16.197 kg, naik 15,2% darI 14.075 di 2022.                        from 14,075 in 2022.




                                                                                                        2023 Integrated Annual Report         247
Page 250
PT Jakarta International Hotels & Development Tbk




                                                Volume Pupuk Kompos | Volume of Composted Fertiliser (2021-2023)

                                   Entitas Anak                       Sejak                     2023                                  2022                             2021
         No
                                    Subsidiary                        Since                   Kg            (+/- %)                Kg               (+/- %)                   Kg
1             Hotel Borobudur Jakarta                                 2013                16.197                 15,1           14.075                 5,2                13.374
2             PT First Jakarta International                          2019                    960                1,05             950                 -1,04                   960
3             PT Pacific Place Jakarta                                2020                      95            90,0                    50               6,4                     47

Jumlah | Total                                                                           17.252                14,4             15.075                 4,8                14.381

Limbah B3                                                                                 Hazardous Waste
Sementara itu, dalam hal penanganan limbah yang termasuk                                  Meanwhile, in terms of handling waste that falls into the category of
dalam kategori limbah bahan beracun dan berbahaya (limbah                                 toxic and hazardous waste (B3 waste), the Company works closely
B3), Perseroan bekerja sama dengan pihak ketiga untuk                                     with third parties for its transportation twice a year. The Company
pengangkutannya sebanyak dua kali dalam setahun. Perseroan                                ensures that the handling of B3 waste has been carried out under
memastikan bahwa penanganan limbah B3 tersebut telah                                      Government Regulation No. 101 Year 2014 concerning Hazardous
dilakukan sesuai dengan Peraturan Pemerintah No. 101 Tahun                                and Toxic Waste Management.
2014 tentang Pengelolaan Limbah Bahan Berbahaya dan Beracun.

Sepanjang 2023, tidak terjadi tumpahan atau kebocoran limbah B3                           Throughout 2023, there were no spills or leaks of hazardous and
di wilayah-wilayah Perseroan dan Entitas Anak. [OJK F.15]                                 toxic waste in the areas of the Company and its Subsidiaries. [OJK
                                                                                          F.15]


                                               Produk Limbah B3 (2021-2023) | Hazardous Waste Products (2021-2023)
                                                                          2023                                   2022                                     2021
                       Produk                    Satuan
                      Products                    Unit     HBJ       DA          FJI    PPJ          HBJ    DA          FJI     PPJ        HBJ       DA          FJI       PPJ

    1         Lampu                                Kg       325                                       642   19,03                           1.112     35,1
              Lamp
                                                   Pcs                            642   2.158                           2.891   2.460                             691      1.830

    2         Battery                              Kg        162                                      148   5,98                             73       1,56
                                                   Pcs                                    153                                    232                                           36
    3         Toner                                Pcs                                                      21,62                                     23,1
    4         Catridge                             Kg            6                                           1,57                                      2,7
    5         Freon kosong                         Kg         71                                       51                                    80
              Empty Freon
    6         E-waste                              Kg                                                       5,29                                       5,5
    7         Kemasan kontaminasi                  Kg                                                       24,71                                     7,38
              Contaminated packaging
    8         Masker                               Kg                                                       3,04                                       9,2
              Masks
    9         Kimia                                Kg                                    303                                     336                                          176
              Chemical
    10        Sludge                               Kg                                                        245
    11        Filter Oli                           Kg        115                                      228
    12        Oli                                   Lt                        1.800     4.200                           1.600   4.200                            2.100    3.200
    Catatan | Note: HBJ : Hotel Borobudur Jakarta, DA : PT Danayasa Arthatama, FJI : PT First Jakarta International, PPJ : PT Pacific Place Jakarta




248             Laporan Tahunan Terintegrasi 2023
Page 251
                                                                                                         Integrating Excellence for Sustainability




                                                                                                                                                               Prologue
                                     Pembinaan Bank Sampah 2023 | Waste Bank Development 2023




                                                                                                                                                                Prolog
 Sebagian dari hasil pemilahan limbah sampah diserahkan kepada bank               Part of the waste sorting results are handed over to the waste bank
 sampah milik Dinas Lingkungan Hidup DKI Jakarta (dikelola bersama                owned by the DKI Jakarta Environmental Agency (managed by the
 masyarakat sekitar).                                                             surrounding community).




                                                                                                                                                               Performamnce Highlights
                                                                                                                                                                    Ikhtisar Kinerja
 Program bank sampah telah diinisiasi Perseroan dan Entitas Anak                  The waste bank program has been initiated by the Company and its
 sejak 2016 dengan menjangkau masyarakat sekitar. Program ini                     Subsidiaries in 2016 by reaching out to the surrounding community.
 adalah program kebersihan lingkungan dan pemberdayaan ekonomi                    This program is an environmental cleanliness and community economic
 masyarakat melalui pengolahan sampah, baik yang berasal dari                     empowerment program through waste processing, both from the
 perusahaan maupun dari rumah tangga.                                             company and from households.

 Melalui program ini, Perseroan dan Entitas Anak melakukan                        Through this program, the Company and its Subsidiaries assist in the form
 pendampingan berupa: pembinaan, pelatihan, perbaikan tempat dan                  of: coaching, training, repairing premises, and supporting exhibitions of
 mendukung pameran kreasi daur ulang bank sampah (terutama yang                   waste bank recycling creations (especially those from paper and plastic).
 berasal dari kertas dan plastik). Berikut adalah beberapa kegiatan yang          The following are some of the activities carried out by the Subsidiaries:




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
 dilakukan oleh Entitas Anak: PT Danayasa Arthatama dan PT Pacific                PT Danayasa Arthatama and PT Pacific Place Jakarta towards the waste
 Place Jakarta terhadap bank sampah-bank sampah yang selama ini                   banks that they have been assisting throughout 2023.
 menjadi binaannya di sepanjang 2023


   Bulan       Tanggal      Bank Sampah                        Alamat                                                  Kegiatan
 Month          Date         Waste Bank                        Address                                                 Activities
PT Danayasa Arthatama
Jan               30         Kirai Mandiri   Jl. Kirai RW 01, Kel. Cipete Utara            Sedekah sampah




                                                                                                                                                               Profil Perusahaan
                                                                                                                                                                Company Profile
                                                                                           Waste almsgiving

Feb               17                                                                       Pemberian bibit dan tanaman & pengolahan sampah organik
                                                                                           Providing seeds and plants & processing organic waste
Mei/May           17                                                                       Sosialisasi Eco Enzim
                               Raflesia      Jl. Kebalen II RW 05, Kel. Rawa Barat
                                                                                           Eco Enzyme socialisation
Jul                7                                                                       Monitoring Eco Enzyme
                                                                                           Eco Enzyme monitoring




                                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                                Management Discussion and Analysis
Agu/Aug           14         Kirai Mandiri   Jl. Kirai RW 01, Kel. Cipete Utara            Hibah sampah
                                                                                           Waste grant
Sep               8            Raflesia      Jl. Kebalen II RW 05, Kel. Rawa Barat         Pemanfaatan sampah organik menjadi Eco Enzyme
                                                                                           Utilisation of organic waste into Eco Enzyme
Okt/Oct           9          Kirai Mandiri   Jl. Kirai RW 01, Kel. Cipete Utara            Sumbangan Sembako
                                                                                           Donation of staple food
Nov               13

PT Pacific Place Jakarta
Jul               21      Bersuit            Jl. Mangga, Kel. Gandaria Selatan             Pengelolaan sampah organik dan non anorganik
                                                                                           Organic and non-organic waste management
Agu/Aug           29                                                                       Kunjungan untuk renovasi Bank Sampah Lavender
                                                                                           Visit for renovation of Lavender Waste Bank
Sep               26                                                                       Monitoring penimbangan sampah (total 812,3 kg)




                                                                                                                                                               Human Capital
                                                                                           Monitoring of waste weighing (total 812.3 kg)




                                                                                                                                                               Human Capital
                          Lavender           Jl. Daksa IV, Kel. Selong
Nov              6-15                                                                      Renovasi Bank Sampah Sampah Lavender
                                                                                           Renovation of Lavender Waste Bank
Des/Dec           12                                                                       Relaunching Bank Sampah Lavender
                                                                                           Lavender Waste Bank Relaunching
                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




                                                                                                                 2023 Integrated Annual Report           249
Page 252
PT Jakarta International Hotels & Development Tbk




Pengaduan Lingkungan Hidup [OJK F.16]                                        Environmental Complaints [OJK F.16]
Perseroan senantiasa berkomitmen untuk konsisten menerapkan                  The Company is always committed to consistently implementing
praktik lingkungan terbaik dengan standar yang berlaku dalam                 the best environmental practices with applicable standards in
setiap kegiatan usaha yang dijalankan. Komitmen tersebut                     every business activity carried out. This commitment is realized by
terealiasasi dengan tidak terdapatnya pengaduan mengenai hal-                the absence of complaints on matters relating to environmental
hal yang berkaitan dengan dampak lingkungan, maupun sanksi                   impacts, as well as sanctions or fines imposed on the Company
atau denda yang dijatuhkan kepada Perseroan atas praktik                     for practices that pollute the environment, and/or non-compliance
yang mencemari lingkungan, dan/atau ketidakpatuhan terhadap                  with environmental regulations throughout 2023.
peraturan mengenai lingkungan di sepanjang 2023.

Sertifikasi Bidang Lingkungan Hidup                                          Environmental Certification
Dari entitas usaha-entitas usaha Grup JIHD, baru Entitas Anak PT             Of the JIHD Group’s business entities, only its subsidiary
Danayasa Arthatama yang memiliki sertifikasi di bidang Sistem                PT Danayasa Arthatama has a certification in Environmental
Manajemen Lingkungan yang telah diperoleh sejak 2013 (ISO                    Management System which has been obtained since 2013 (ISO
14001:2004), dan terus diperbarui hingga sertifikasi ISO 14001:2015          14001:2004), and continued to be updated until ISO 14001:2015
di 2022. Sertifikasi di bidang Sistem Manajemen Lingkungan                   certification in 2022. Certification in the field of Environmental
diperlukan untuk sebagai rujukan dan pengakuan terhadap                      Management Systems is needed as a reference and recognition
kualitas pengelolaan dan pengembangan kawasan SCBD.                          of the quality of management and development of the SCBD area.

Sementara secara khusus, untuk hotel-hotel yang berada di bawah              Specifically, for hotels under JIHD Group, the Eco Hotel
Grup JIHD, diberlakukan Eco Hotel Management System yang                     Management System adapted from ISO 14001:2004 on
diadaptasi dari ISO 14001:2004 mengenai Sistem Manajemen                     Environmental Management System is applied. The implementation
Lingkungan. Penerapan Eco Hotel Management sebagai sebuah                    of Eco Hotel Management as a management system that is friendly
sistem manajemen yang ramah terhadap pelanggan, alam dan                     to customers, nature, and the environment, is expected to reduce,
lingkungan, diharapkan dapat mengurangi, bahkan apabila bisa                 if not eliminate the possibility of negative effects and impacts that
menihilkan kemungkinan efek dan dampak negatif yang dapat                    can occur in daily operations.
terjadi dalam kegiatan operasional sehari-hari.

Sementara untuk pedoman dan/atau prosedur standar (sistem                    As for guidelines and/or standard procedures (environmental
manajemen lingkungan) yang sesuai dengan ukuran/rentang                      management system) that are under the size/control range of the
kendali organisasi dan jenis usahanya masing-masing, Perseroan               organization and the type of business, the Company published
telah menerbitkan Buku Peraturan Perusahaan tentang Lingkungan               the Company’s Book of Regulations on the Environment on 28
Hidup pada 28 Mei 2021 (telah disosialisasi pada 16 Agustus 2021).           May 2021 (socialized on 16 August 2021). The issuance of the
Penerbitan Buku Peraturan Perusahaan tentang Lingkungan                      Company’s Environmental Rulebook is part of the Company’s
Hidup menjadi bagian dari upaya perlindungan dan pengelolaan                 efforts to protect and manage a sustainable environment.
lingkungan hidup yang berkelanjutan.

Dukungan Terhadap Tujuan Pembangunan Berkelanjutan (TPB) Terkait Kinerja Lingkungan
Support for Sustainable Development Goals (SDGs) Related to Environmental Performance
  Dukungan terhadap
       SDGs                                      Keterangan                                                      Description
   Support to SDGs

                       Penerapan penghematan dan penggunaan air yang efisien,          Implementation of efficient water use and recycle.
                       serta mendaur ulang pemakaian air.



                       Kebijakan efisiensi energi dapat mengurangi jumlah emisi.       Energy efficiency policies can reduce the amount of emissions




                       • Menjangkau masyarakat sekitar melalui program bank            • Reaching out to the surrounding community through the
                         sampah.                                                         waste bank program.
                       • Pengelolaan limbah yang baik menciptakan lingkungan           • Good waste management creates a clean and healthy
                         masyarakat sekitar menjadi bersih dan sehat.                    environment for the surrounding community.

                       • Pembuatan pupuk kompos dari sampah dedaunan, buah-            • Making compost fertilizer from leaves, fruits and vegetables
                         buahan dan sayur-sayuran dalam rangka mengurangi limbah.        waste in order to reduce waste.
                       • Mengoptimalkan penggunaan kertas buram yang berasal           • Optimizing the use of opaque paper from recycled paper.
                         dari hasil daur ulang kertas.

                       Kesadaran dan perilaku ramah lingkungan seluruh karyawan        Awareness and environmentally friendly behavior of all
                       ikut berperan dalam pengurangan sampah plastik                  employees contribute to the reduction of plastic waste



                       • Menjaga keseimbangan ekosistem flora dan fauna dengan         • Creating a balanced ecosystem of flora and fauna by building
                         membuat sebuah kandang tempat penangkaran kupu-kupu             a butterfly dome.
                         (butterfly dome).                                             • Management of green open spaces in hotels and areas as
                       • Pengelolaan ruang terbuka hijau yang ada di hotel dan           the efforts of maintaining biodiversity.
                         kawasan sebagai bagian upaya pemeliharaan
                       • keanekaragaman hayati.




250     Laporan Tahunan Terintegrasi 2023
Page 253
                                                                                                          Integrating Excellence for Sustainability




Kinerja Sosial                                                                    Social Performance




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
Keberhasilan dalam mengakomodasi kepentingan para pemangku                        Successfully accommodating the interests of stakeholders is
kepentingan berkaitan erat dengan keberlanjutan usaha. Secara                     closely linked to business sustainability. Directly or indirectly, the
langsung atau tidak langsung, kegiatan Perseroan mempengaruhi                     Company’s activities affect what happens to employees, workers
apa yang terjadi pada karyawan, pekerja dalam rantai nilai,                       in the value chain, customers, and communities, hence the need




                                                                                                                                                                     Performamnce Highlights
pelanggan dan masyarakat, karenanya diperlukan pengelolaan                        to proactively manage their impacts. In this regard, the quality of
dampaknya secara proaktif. Dalam hal ini, kualitas hubungan                       the Company’s relationship and engagement with stakeholders is




                                                                                                                                                                          Ikhtisar Kinerja
dan keterlibatan perusahaan dengan pemangku kepentingan                           critical.
sangatlah penting.

Dengan adanya hubungan yang serasi, kondusif, harmonis, tanpa                     The existence of harmonious, conducive, and harmonious
ada pihak yang dirugikan akan membuat kegiatan operasional                        relationships, without any party being disadvantaged, will make
Perseroan berjalan dengan stabil, sehingga potensi untuk                          the Company’s operations run stably, allowing the potential for
peningkatan kinerja yang bermanfaat selalu ada bagi seluruh                       performance improvement that is beneficial to all stakeholders to
pemangku kepentingan.                                                             always exists.




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
Ketenagakerjaan                                                                   Employment

                                    Legalitas Peraturan Ketenagakerjaan | Legality of Labour Regulations
A       Kesetaraan
        Equality
            Undang-Undang No. 21 Tahun 1999                       Pengesahan Konvensi ILO No. 111 Mengenai Diskriminasi dalam Pekerjaan dan Jabatan.




                                                                                                                                                                     Profil Perusahaan
                                                                                                                                                                      Company Profile
    1       Law No. 21 Year 1999                                  Ratification of ILO Convention No. 111 Concerning Discrimination in Employment and
                                                                  Occupation.
B       Tenaga Kerja Anak dan Tenaga Kerja Paksa
        Child Labour and Forced Labour
            Undang-Undang No. 19 Tahun 1999                       Pengesahan Konvensi ILO No. 105 Mengenai Penghapusan Kerja Paksa.
    1
            Law No. 19 of 1999                                    Ratification of ILO Convention No. 105 Concerning the Abolition of Forced Labour.
            Undang-Undang No. 20 Tahun 1999                       Pengesahan Konvensi ILO No. 138 Mengenai Usia Minimum untuk Diperbolehkan




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
            Law No. 20 of 1999                                    Bekerja.




                                                                                                                                                                      Management Discussion and Analysis
    2
                                                                  Ratification of ILO Convention No. 138 Concerning the Minimum Age for Admission to
                                                                  Employment.
            Undang-Undang No. 1 Tahun 2000                        Pengesahan Konvensi ILO No. 182 Mengenai Pelarangan dan Tindakan Segera
            Law No. 1 Year 2000                                   Penghapusan Bentuk-Bentuk Pekerjaan Terburuk Untuk Anak.
    3
                                                                  Ratification of ILO Convention No. 182 Concerning the Prohibition and Immediate Action
                                                                  for the Elimination of the Worst Forms of Child Labour.
            Undang-Undang No. 35 Tahun 2014 tentang               Perlindungan Anak.
            Perubahan Atas Undang-Undang No. 23 Tahun 2002        Child Protection.
    4
            Law No. 35 of 2014 on the Amendment to Law No. 23
            of 2002
C       Upah Minimum
        Minimum Wage
            Keputusan Menteri Tenaga Kerja dan Transmigrasi No.   Perubahan Pasal 1, Pasal 3, Pasal 4, Pasal 8, Pasal 11, Pasal 2000, Pasal 21 Peraturan
            226 Tahun 2000                                        Menteri Tenaga Kerja No. PER-01/MEN/1999 tentang Upah Minimum.
    1




                                                                                                                                                                     Human Capital
            Decree of the Minister of Labour and Transmigration   Amendment to Article 1, Article 3, Article 4, Article 8, Article 11, Article 2000, Article 21 of




                                                                                                                                                                     Human Capital
            No. 226 Year 2000                                     the Minister of Labour Regulation No. PER-01/MEN/1999 concerning Minimum Wage.
D       Keselamatan dan Kesehatan Kerja
        Occupational Health and Safety
            Undang-Undang No. 1 Tahun 1970                        Keselamatan Kerja.
    1
            Law No. 1 Year 1970                                   Occupational Safety.
            Undang-Undang No. 23 Tahun 1992                       Kesehatan.
    2
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance



            Law No. 23 Year 1992                                  Health.
            Undang-Undang No. 13 Tahun 2003                       Ketenagakerjaan.
    3
            Law No. 13 Year 2003                                  Labour.
            Undang-Undang No. 2 Tahun 2017                        Jasa Konstruksi.
    4
            Law No. 2 of 2017                                     Construction Services.
            Undang-Undang No. 11 Tahun 2020                       Cipta Kerja.
    5
            Law No. 11 of 2020                                    Job Creation.
            Peraturan Pemerintah No. 50 Tahun 2012                Penerapan Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3).
    6
            Government Regulation No. 50 of 2012                  Implementation of Occupational Health and Safety Management System (SMK3).
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




            Peraturan Pemerintah No. 22 Tahun 2021                Penyelenggaraan Perlindungan dan Pengelolaan Lingkungan Hidup.
    7
            Government Regulation No. 22 of 2021                  Implementation of Environmental Protection and Management.
            Keputusan Presiden No. 22 Tahun 1993                  Penyakit yang Timbul Akibat Hubungan Kerja.
    8
            Presidential Decree No. 22 of 1993                    Occupational Diseases.
            Peraturan Menteri Tenaga Kerja No. 4 Tahun 1987       Panitia Pembina Keselamatan dan Kesehatan Kerja (P2K3).
    9
            Minister of Labour Regulation No. 4 of 1987           Occupational Health and Safety Supervisory Committee (P2K3).
            Peraturan Menteri PUPR No. 10 Tahun 2021              Pedoman Sistem Manajemen Keselamatan Konstruksi.
    10
            Minister of PUPR Regulation No. 10 of 2021            Guidelines for Construction Safety Management System.



                                                                                                                  2023 Integrated Annual Report               251
Page 254
PT Jakarta International Hotels & Development Tbk




Sumber daya manusia (SDM) Perseroan dan Entitas Anak per-            Human resources of the Company and Subsidiaries as of 31
31 Desember 2023 tercatat 2.615 orang (2022 : 2.571 orang).          December 2023 were 2,615 people (2022: 2,571 people).
Sebagian karyawan telah bersama dengan Perseroan lebih dari          Some employees have been with the Company for more than
10 tahun. Mereka telah berkontribusi dan menjadi saksi yang loyal    10 years. They have contributed and been loyal witnesses of
dari proses transformasi keberlangsungan dan keberlanjutan           the transformation process of the Company’s sustainability and
Perseroan sehingga menjadi seperti sekarang.                         continuity to become what it is today.

SDM Perseroan telah menjadi bagian dari mitra strategis sekaligus    The Company’s human resources have become part of its
modal yang sangat penting dalam pencapaian sasaran dan               strategic partners as well as a very important capital in achieving
pertumbuhan bisnis Perseroan secara berkelanjutan dalam jangka       the Company’s business goals and sustainable growth in the long
panjang. Perseroan senantiasa berupaya untuk mengelola dan           term. The Company always endeavours to manage and develop
mengembangkan karyawan dengan baik meliputi berbagai hal             employees well, covering various matters in accordance with the
sesuai dengan hak-hak normatif yang melekat pada karyawan,           normative rights attached to employees, creating a healthy and
menciptakan lingkungan kerja yang sehat dan aman, memberikan         safe workplace, providing work protection so as to improve the
perlindungan kerja sehingga dapat meningkatkan produktivas dan       productivity and quality of employee performance.
kualitas kinerja karyawan.

Kesetaraan dan Keberagaman [OJK F.18]                                Equality and Diversity [OJK F.18]
Perseroan menerapkan prinsip non-diskriminasi dan kesetaraan         The Company applies the principles of non-discrimination and
secara adil dan transparan mulai dari perekrutan, pengembangan       equality in a fair and transparent manner starting from recruitment,
kompetensi, kesempatan promosi, hingga pemberian penghargaan         competency development, promotion opportunities, to the
dan remunerasi.                                                      provision of awards and remuneration.

Perseroan memandang perbedaan dan unsur keberagaman                  The Company views differences and elements of diversity in terms
dalam hal etnis, jenis kelamin, agama, pendidikan, pengalaman,       of ethnicity, gender, religion, education, experience, personality,
kepribadian, dan perbedaan latar belakang lainnya sebagai            and other background differences as the seeds of creative
benih dari inovasi yang kreatif. Perseroan berupaya agar setiap      innovation. The Company strives to make every employee feel
karyawan merasa diterima dan menjadi bagian dari sebuah              welcome and part of a family that collaborates to promote an
keluarga yang berkolaborasi mengedepankan atmosfir kerja sama        atmosphere of respectful cooperation to achieve common goals.
saling menghormati untuk mencapai tujuan bersama.

Perseroan memperlakukan semua karyawan secara setara dalam           The Company treats all employees equally in terms of employment
kesempatan bekerja, mendapatkan penilaian kinerja, termasuk          opportunities, performance assessment, including career
untuk mendapatkan kenaikan jenjang karier, pengembangan              advancement, competency development, remuneration and
kompetensi, remunerasi dan lain-lain. Berdasarkan komitmen itu,      others. Based on this commitment, the Company provides equal
Perseroan memberikan kesempatan yang sama untuk bekerja dan          opportunities to work and fill posts or positions that match the
mengisi pos-pos, posisi atau jabatan sesuai dengan kapasitas dan     capacity and competence of employees.
kompetensi karyawan.

Komitmen Perseroan pada kesetaraan dan keberagaman telah             The Company’s commitment to equality and diversity has created a
menghadirkan kekondusifan dalam hubungan kerja di antara para        conducive working relationship among employees. The Company
karyawan. Perseroan memastikan bahwa tidak terdapat insiden          confirmed that there were no incidents of discrimination during the
diskriminasi sepanjang tahun pelaporan.                              reporting year.

Tenaga Kerja Anak dan Tenaga Kerja Paksa [OJK F.19]                  Child Labor and Forced Labor [OJK F.19] [GRI 408-1, 409-
[GRI 408-1, 409-1]                                                   1]

Perseroan tidak pernah mempekerjakan karyawan di bawah               The Company never employs underage employees or practices
umur ataupun melakukan praktik kerja paksa. Hal ini tertuang dan     forced labor. This is stated and can be accounted for through
dapat dipertanggungjawabkan melalui Peraturan Perusahaan (PP)        the Company Regulation (PP) signed by each employee before
yang ditandatangani oleh setiap karyawan sebelum bekerja di          working in the Company.
Perseroan.

Perseroan memiliki kebijakan yang jelas tentang usia minimal         The Company has a clear policy on the minimum age of employees
karyawan maupun jam kerja karyawan. Sesuai dengan Peraturan          and employee working hours. In accordance with the Company’s
Perusahaan (merujuk pada peraturan ketenagakerjaan yang              Regulations (referring to the prevailing labour regulations), the
berlaku), usia minimal karyawan adalah 18 tahun.                     minimum age of employees is 18 years old.

Perseroan dan Entitas Anak memberlakukan aturan kerja                The Company and its Subsidiaries apply an employee work rule of
karyawan 8 (delapan) jam 1 (satu) hari dan 40 (empat puluh) jam      8 (eight) hours 1 (one) day and 40 (forty) hours 1 (one) week for 5
1 (satu) minggu untuk 5 (lima) hari kerja atau 6 (enam) hari kerja   (five) working days or 6 (six) working days in 1 (one) week, with the
dalam 1 (satu) minggu, disertai kesempatan untuk beristirahat pada   opportunity to rest at certain hours.
jam-jam tertentu.

Sementara itu, pada unit usaha perhotelan, diberlakukan sistem       Meanwhile, in the hospitality business unit, a shift work system is
kerja giliran (shift work), yang pengaturannya disesuaikan dengan    applied, the arrangement of which is tailored to the conditions of
kondisi lapangan pekerjaan. Dengan pengaturan tersebut, apabila      the work field. With this arrangement, if there is excess working
terdapat kelebihan waktu kerja akan diperhitungkan sebagai kerja     time, it will be calculated as overtime work whose compensation
lembur yang besaran kompensasinya sudah ditetapkan dan tidak         amount has been determined and does not harm employees.
merugikan karyawan.




252     Laporan Tahunan Terintegrasi 2023
Page 255
                                                                                                           Integrating Excellence for Sustainability




Imbal Jasa Karyawan                                                                Employee Benefits




                                                                                                                                                                     Prologue
                                                                                                                                                                      Prolog
Setiap karyawan yang berkarya di Perseroan dan Entitas Anak,                       Every employee who works in the Company and its Subsidiaries is
berhak memperoleh remunerasi yang layak. Diberikan secara                          entitled to receive appropriate remuneration. Given competitively
kompetitif normatif setara besaran yang disesuaikan dengan                         normative equivalent magnitude tailored to the provisions and
ketentuan dan peraturan perundang-undangan yang berlaku.                           applicable laws and regulations.




                                                                                                                                                                     Performamnce Highlights
Imbal jasa karyawan tingkat terendah diberikan dengan                              The lowest level of employee remuneration is given with due




                                                                                                                                                                          Ikhtisar Kinerja
memperhatikan pemenuhan kehidupan layak, dan menyesuaikan                          regard to the fulfillment of a decent life and tailored to: the price of
dengan: harga kebutuhan pokok, tingkat inflasi, standar kelayakan                  basic needs, inflation rate, standard of living, and other variables.
hidup, dan variabel lainnya.

Perseroan memastikan bahwa imbal jasa bagi karyawan tingkat                        The Company ensures that the remuneration for the lowest level
terendah berlaku setara baik itu karyawan laki-laki maupun                         employee is equal for both male and female employees and is
Perempuan dan telah sesuai dengan ketentuan upah minimum                           under the applicable regional minimum wage provisions. [OJK
regional yang berlaku. [OJK F.20]                                                  F.20]




                                                                                                                                                                     Laporan Manajemen
                                                                                                                                                                     Management Report
Selain remunerasi yang layak, Perseroan juga memberikan hak cuti                   In addition to adequate remuneration, the Company also provides
kepada setiap karyawan, seperti cuti tahunan (sekurang-kurangnya                   leave rights to each employee, such as annual leave (at least 12
12 hari kerja setelah karyawan yang bersangkutan bekerja selama                    working days after working for 12 months continuously), maternity
12 bulan secara terus-menerus), cuti melahirkan (diberikan kepada                  leave (given to female employees for 90 calendar days) [GRI 401-3],
karyawan perempuan selama 90 hari kalender) [GRI 401-3], dan cuti                  and bereavement leave (at least 2 working days for employees in
kedukaan (sekurang-kurangnya 2 hari kerja bagi karyawan yang                       grief) in accordance with applicable labour regulations.
mengalami kedukaan) sesuai dengan peraturan ketenagakerjaan




                                                                                                                                                                     Profil Perusahaan
yang berlaku.




                                                                                                                                                                      Company Profile
Perseroan juga memiliki kebijakan khusus bagi karyawan wanita                      The Company also has a special policy for female employees who
yang masih dalam masa periode menyusui dimana mereka                               are still breastfeeding where they are allowed to perform lactation
diperkenankan untuk melakukan laktasi pada jam kerja.                              during working hours.

Keselamatan dan Kesehatan Kerja [OJK F.21]                                         Occupational Health and Safety [OJK F.21]
Pelaksanaan Keselamatan dan Kesehatan Kerja (K3) bertujuan                         The implementation of Occupational Health and Safety (OHS) aims




                                                                                                                                                                     Analisis dan Pembahasan Manajemen
untuk membangun tempat kerja yang aman dan terlindung dari                         to build a workplace that is safe and protected from accidents that




                                                                                                                                                                      Management Discussion and Analysis
kecelakaan yang dapat membahayakan tenaga kerja, pelanggan,                        can endanger the workforce, customers, or visitors at the work/
atau pengunjung di lokasi kerja/usaha. Upaya ini diharapkan                        business location. This effort is expected to minimize the risk of
mampu meminimalisir risiko kecelakaan di tempat kerja/usaha.                       accidents in the workplace/business.

Lingkungan kerja yang sehat dan aman akan membuat karyawan                         A healthy and safe workplace will make employees comfortable
nyaman dan senang. perpaduan antara kondisi lingkungan kerja                       and happy. The combination of safe workplace conditions with a
yang aman dengan suasana kerja yang menyenangkan akan                              pleasant work atmosphere will make employees more optimal and
membuat karyawan lebih optimal dan produktif dalam bekerja.                        productive at work.



                                                    Pejuang Kebersihan Lingkungan | Eco Warriors


   Terkait dengan lingkungan kerja yang sehat dan aman, di lingkungan Artha Graha Peduli (AGP), Artha Graha Grup (AGG) dan Artha Graha Network (AGN)




                                                                                                                                                                     Human Capital
                                                                                                                                                                     Human Capital
   telah diinisiasi Gerakan Pejuang Kebersihan Lingkungan yang bertujuan agar setiap personel AGP, AGG dan AGN memiliki kesadaran,kepedulian
   dan menjaga perilaku dalam memelihara kebersihan dan kesehatan lingkungan.

   Sebagai pejuang kebersihan lingkungan, setiap personel bertanggung jawab dan wajib kebersihan lingkungan di seluruh wilayah AGP, AGG dan
   AGN, dimulai dengan rumah tinggal, ruang kerja/kantor, ruang publik di tempat bekerja (toilet, lorong kantor, lobby dan seluruh kawasan kantor/area
   kerja) termasuk kendaraan operasional yang digunakan, juga fasilitas-fasilitas lainnya (fasilitas umum).

   Concerning a healthy and safe working environment, Artha Graha Peduli (AGP), Artha Graha Group (AGG), and Artha Graha Network (AGN) have
   initiated the Environmental Cleanliness Fighter Movement which aims to make every AGP, AGG, and AGN personnel have awareness, concern and
                                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                                      Corporate Governance



   maintain the behaviour in maintaining environmental cleanliness and health.

   As an environmental cleanliness fighter, each personnel is responsible and obliged to clean the environment in all areas of AGP, AGG, and AGN,
   starting with their homes, workspaces/offices, public spaces at work (toilets, office hallways, lobbies, and all office/work areas) including operational
   vehicles used, as well as other facilities (public facilities).
                                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                                      Sustainability Report




                                                                                                                   2023 Integrated Annual Report               253
Page 256
PT Jakarta International Hotels & Development Tbk




                                                              Kerangka Kerja | Eco Warriors



                                                                                                            Hasil
                                                                                                            Result



                                                                                                        Kesehatan &
                                                                                                        Keselamatan
                                                                                                        Area Kerja
                                                                                                        Work Area
                                                                                                        Health & Safety

          Sasaran Perusahaan                 Alat                       Metodologi                                                  Departemen Terkait
          Company Objectives                Tools                       Metodology                      Aset Perusahaan             Related Departments
                                                                                                        Terpelihara
                                                                                                        dengan Baik
                                                                                                        Company
                                                                                                        Assets are Well
                                                                                                        Maintained

                                                                                                        Produktifitas
      •    Good Corporate
                                                                                                        Karyawan Tinggi
           Governance
      •    Operasional yang                                               5R/5S                         High Employee
                                                                                                        Productivity
           Efektif dan Efisien              Sistem                                                                                  •   Human Capital
      •    Keberlanjutan                 Manajemen                                                                                  •   General Affair
      •    Good Corporate                Terintegrasi                                                                               •   Compliance
           Governance                    Management                                                     Berkontribusi               •   Human Capital
      •    Effective                        System                                                      terhadap                    •   General Affair
           and Efficient                  Integrated                                                    Pelestarian                 •   Compliance
           Operations                                                                                   Lingkungan
      •    Effective and                                                       3R                       Contributing to
           Efficient                                                                                    Environmental
      •    Sustainability                                                                               Preservation


                                                                                                        Hemat
                                                                                                        SumberDaya
                                                                                                        Resource
                                                                                                        Efficient


                                                                   Memerlukan Partisipasi               Hemat Biaya
                                                                      Requires active                   Cost Effective
                                                                     participation of all
                                                                        employees




   Gerakan ini telah disosialisasi pada 27 Desember 2022, dan mulai                 This movement was socialized in 27 December 2022, and began to be
   dilaksanakan per 1 Januari 2023 dengan menggunakan metode:                       implemented as of 1 January 2023 using the method:
   • 5S/5R (Seiri/Ringkas, Seiton/Rapi, Seiso/Resik, Seiketsu/Rawat,                • 5S/5R (Seiri/Compact, Seiton/Tidy, Seiso/Resik, Seiketsu/
        Shitsuke/Rajin) yaitu suatu cara (metode) untuk mengatur/                       Rawat, Shitsuke/Rajin) is a way (method) to organize/manage the
        mengelola tempat kerja menjadi tempat kerja yang lebih baik                     workplace into a better workplace in a sustainable manner. It aims
        secara berkelanjutan. Bertujuan untuk meningkatkan efisiensi                    to improve efficiency and quality in the workplace, as a culture of
        dan kualitas di tempat kerja, sebagai budaya mengelola tempat                   managing the workplace properly.
        kerjanya secara benar.
   • 3R (Reduce, Reuse, Recycle) yaitu kesadaran untuk mengurangi                   •    3R (Reduce, Reuse, Recycle) is an awareness to drastically reduce
        penggunaan sumberdaya alam secara drastis sehingga dapat                        the use of natural resources so as to help preserve nature.
        membantu untuk kelestarian alam.

   Dalam pelaksanaannya agar program ini dapat berhasil telah dilengkapi            In order for this program to be successful, it has been equipped with
   dengan ketentuan-ketentuan dalam hal: pembuangan sampah,                         provisions in terms of garbage disposal, storage of food and drinks in
   penyimpanan makanan dan minuman di lemari pendingin, penggunaan                  the refrigerator, use of meeting rooms, use of toilets, and care in the
   ruang rapat, penggunaan toilet, dan kepedulian di area sekitar lokasi            area around the work site. In addition, employees check their work
   kerja. Selain itu dilakukan pengecekan area kerja karyawan dan fasilitas-        areas and facilities 1-2 times per month.
   fasilitas yang ada di tempat kerja sebanyak 1-2 kali setiap bulannya.

   Setelah setahun terlihat kesadaran karyawan atas atas 5S/5R & 3R                 After a year, employees’ awareness of 5S/5R & 3R was seen with the
   dengan perilaku memilah sampah dan meninggalkan area kerja dalam                 behavior of sorting waste and leaving the work area in a tidier state.
   keadaan lebih rapi.




Perseroan telah mengindentifikasi isu dan risiko keselamatan dan                    The Company has identified occupational safety and health issues
kesehatan kerja, yaitu potensi kecelakaan kerja di saat bekerja dan                 and risks, namely the potential for work-related injuries and when
di saat menggunakan peralatan kerja, akibat tidak menerapkan                        using work equipment, due to not applying the 5R principles or not
prinsip 5R atau ketidakpahaman dalam penggunaan peralatan                           understanding the use of work equipment; contracting diseases
kerja; tertular penyakit di saat adanya kegiatan bersama di dalam                   when there are joint activities in one closed room; and the need
satu ruangan tertutup; dan perlunya peningkatan pemahaman                           to increase employee understanding in dealing with emergency



254        Laporan Tahunan Terintegrasi 2023
Page 257
                                                                                           Integrating Excellence for Sustainability




karyawan dalam menghadapi kondisi tanggap darurat (baik               response conditions (both natural disasters and fires), and in the




                                                                                                                                                 Prologue
                                                                                                                                                  Prolog
bencana alam maupun kebakaran), dan dalam penerapan K3 di             application of OHS when carrying out projects implemented by the
saat menjalankan proyek yang dilaksanakan oleh Perseroan. [GRI        Company. [GRI 403-2]
403-2]




                                                                                                                                                 Performamnce Highlights
Dalam rangka menciptakan lingkungan kerja yang aman dan               In order to create a safe and comfortable workplace for
nyaman bagi karyawan, Perseroan mengutamakan pengelolaan              employees, the Company prioritises the management of OHS




                                                                                                                                                      Ikhtisar Kinerja
aspek K3 dengan mencanangkan target zero accident, zero               aspects by setting targets of zero accident, zero fatality and zero
fatality, dan zero penyakit akibat kerja. Jaminan K3 yang diberikan   occupational disease. OHS guarantees provided to employees are
kepada karyawan sesuai dengan Undang-Undang No. 1 Tahun               in accordance with Law No. 1 Year 1970 on Occupational Safety
1970 tentang Keselamatan dan Kesehatan Kerja dan Peraturan            and Health and Minister of Labour Regulation No. 5 Year 1996 on
Menteri Tenaga Kerja No. 5 Tahun 1996 tentang Sistem Manajemen        Occupational Safety and Health Management System.
Keselamatan dan Kesehatan Kerja.

Perseroan senantiasa mengupayakan agar tempat kerja di                The Company always strives to make the workplace in offices




                                                                                                                                                 Laporan Manajemen
                                                                                                                                                 Management Report
kantor dan lokasi usaha aman, nyaman, bersih dan layak serta          and business locations safe, comfortable, clean and decent and
bebas dari pencemaran lingkungan sehingga dapat menihilkan            free from environmental pollution, thus eliminating occupational
penyakit akibat kerja. Penyemprotan disinfektan sebagai langkah       diseases. Disinfectant spraying as a measure to prevent the spread
pencegahan penyebaran virus yang membahayakan kesehatan               of viruses that endanger the health of employees, is still carried
karyawan, tetap dilakukan secara berkala meskipun pandemi             out regularly even though the Covid-19 pandemic has subsided.
Covid-19 telah mereda. [GRI 403-6]                                    [GRI 403-6]

Dalam hal keselamatan kerja, Perseroan secara optimal                 In terms of occupational safety, the Company optimally pays




                                                                                                                                                 Profil Perusahaan
memperhatikan keselamatan lingkungan kerja dengan target zero         attention to the safety of the workplace with a target of zero




                                                                                                                                                  Company Profile
accident. Di gedung dan hotel dari Perseroan tersedia sarana dan      accidents. In the Company’s buildings and hotels, OHS facilities
prasarana K3, seperti Alat Pemadam Api Ringan, hidran dan safety      and infrastructure are available, such as light fire extinguishers, fire
harness dan safety shoes untuk karyawan lapanan, dan lain-lain.       hydrants, safety harnesses, and safety shoes for field employees,
Sistem operasional dan prosedur dari sarana dan prasarana K3          and others. The operational systems and procedures of these OHS
tersebut secara rutin dipantau dan dievaluasi, serta diaudit untuk    facilities and infrastructure are routinely monitored and evaluated,
memastikan ketersediaan, kelengkapan dan kondisi peralatan            as well as audited to ensure that the availability, completeness, and
yang berhubungan dengan keselamatan kerja masih sesuai                condition of equipment related to work safety are still under OHS




                                                                                                                                                 Analisis dan Pembahasan Manajemen
dengan standar K3.                                                    standards.




                                                                                                                                                  Management Discussion and Analysis
Audit sistem operasional dan prosedur rutin dilakukan oleh            Audits of operational systems and procedures are routinely
Perseroan dan Entitas Anak setiap tahun. Departemen Kepatuhan         conducted by Company and Subsidiaries every year. Compliance
Perseroan melakukan audit operasional terhadap Entitas Anak: PT       Department The Company conducts operational audits of its
Danayasa Arthatama, PT First Jakarta International dan PT Dharma      Subsidiaries: PT Danayasa Arthatama, PT First Jakarta International
Harapan Raya. Sedang Departemen PT Danayasa Arthatama                 and PT Dharma Harapan Raya. While the Department of PT
melakukan terhadap Entitas Anak: PT Artha Telekomindo, PT             Danayasa Arthatama Department conducts operational audit of
Pacific Place Jakarta dan PT Adinusa Puripratama.                     Subsidiaries: PT Artha Telekomindo, PT Pacific Place Jakarta and
                                                                      PT Adinusa Puripratama.
Di luar ini, terutama terhadap gedung-gedung (permanen dan
temporer) di kawasan SCBD, juga dilakukan monitoring evaluasi         Beyond this, especially for buildings (permanent and temporary) in
Keselamatan, Kesehatan Kerja dan Lingkungan (K3L) dan                 the SCBD area, monitoring is also carried out Safety, Occupational
Manajemen Keselamatan Kebakaran Gedung (MKKG) setiap tahun.           Health and Environment (K3L) and Building Fire Safety Management
Kegiatan ini menjadi tanggung jawab PT Danayasa Arthatama             (MKKG) every year. This activity is the responsibility of PT Danayasa




                                                                                                                                                 Human Capital
                                                                                                                                                 Human Capital
selaku pengelola dan pengembangan kawasan SCBD. Di 2023,              Arthatama as the manager and developer of the SCBD area. In
dilaksanakan dari dari 12 Oktober hingga 30 November (2022: 11        2023, held from October 12 to November 30 (2022: October 11 to
Oktober hingga 29 Desember).                                          December 29).

Pedoman Keselamatan dan Kesehatan Kerja                               Occupational Health and Safety Guidelines
Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3)               The Occupational Health and Safety Management System
yang terencana, terukur, terstruktur dan terintegrasi di lokasi       (SMK3), which is planned, measured, structured, and integrated
kegiatan/tempat kerja, merupakan bagian dari sistem manajemen         at the location of activities/workplace, is part of the company’s
                                                                                                                                                 Tata Kelola Perusahaan
                                                                                                                                                  Corporate Governance




perusahaan secara keseluruhan dalam rangka pengendalian risiko        overall management system to control risks associated with work
yang berkaitan dengan kegiatan kerja, guna terciptanya tempat         activities, to create a safe, efficient and productive workplace.
kerja yang aman, efisien, dan produktif.

Perseroan dalam tiga tahun terakhir ini telah mengeluarkan 2          In the last three years, the Company has issued 2 (two) SMK3
(dua) pedoman SMK3, yaitu Peraturan Perusahaan Keselamatan            guidelines, namely Occupational Health and Safety Company
dan Kesehatan Kerja, dan Pedoman Pemeliharaan dan Perawatan           Regulations, and Building Maintenance and Maintenance
Gedung yang berlaku untuk Perseroan dan seluruh Entitas Anak.         Guidelines applicable to the Company and all Subsidiaries. [GRI
[GRI 403-1]                                                           403-1]
                                                                                                                                                 Laporan Keberlanjutan
                                                                                                                                                  Sustainability Report




                                                                                                   2023 Integrated Annual Report        255
Page 258
PT Jakarta International Hotels & Development Tbk




   Peraturan Perusahaan Keselamatan dan Kesehatan Kerja ditetapkan
   sebagai upaya mencegah dan meminimalisasi kecelakaan kerja dan
   penyakit akibat kerja dalam upaya menciptakan kondisi kerja yang
   aman, nyaman, sehat, efisien, dan produktif.

   Pedoman Pemeliharaan dan Perawatan Gedung disusun untuk sebagai
   acuan umum yang diperlukan dalam mengatur dan mengendalikan
   pelaksanaan pemeliharaan dan perawatan semua bangunan/
   gedung yang dimiliki dan/atau dioperasikan oleh Perseroan dan
   Entitas Anak, agar pemanfaatan bangunan/gedung yang dimiliki dan/
   atau dioperasikan senantiasa memenuhi persyaratan keselamatan,
   kesehatan, kenyamanan dan kemudahan, dengan efisien, serasi dan
   selaras dengan lingkungan.

   Occupational Health and Safety Company Regulations are established
   as an effort to prevent and minimize occupational accidents and
   occupational diseases to create safe, comfortable, healthy, efficient, and
   productive working conditions.                                               Perseroan telah menetapkan Peraturan Perusahaan Keselamatan dan
                                                                                Kesehatan Kerja (K3) pada 28 Mei 2021 dan Pedoman Pemeliharaan
   Building Maintenance and Maintenance Guidelines are prepared as a            dan Perawatan Gedung pada 27 Mei 2022.
   general reference needed to regulate and control the implementation
   of maintenance and maintenance of all buildings/structures owned             The Company has established Occupational Health and Safety (OHS)
   and/or operated by the Company and its Subsidiaries, allowing the            Company Regulations on 28 May 2021 and Building Maintenance and
   use of buildings/structures owned and/or operated to always meet the         Maintenance Guidelines on 27 May 2022.
   requirements of safety, health, comfort, and convenience, efficiently,
   harmoniously and in harmony with the environment.




Pelatihan dan Simulasi Evakuasi Tanggap Darurat                                 OHS Emergency Response Evacuation Training and
K3 [GRI 403-5]                                                                  Simulation [GRI 403-5]
Pelatihan dan simulasi evakuasi tanggap darurat K3 (mencakup:                   Training and simulation of OHS emergency response evacuation
pengetahuan, ketrampilan dan sikap sesuai standar yang berlaku),                (including knowledge, skills, and attitudes according to applicable
seperti gempa bumi dan kebakaran secara berkala digelar dengan                  standards), such as earthquakes and fires are regularly held by
melibatkan karyawan, tenant dan bahkan terhadap tamu yang                       involving employees, tenants, and even guests who happen to
kebetulan berkunjung.                                                           visit.

Kegiatan ini dilakukan agar para pamangku kepentingan yang                      This activity is carried out so that stakeholders involved in the
terlibat di operasional usaha Perseroan dan Entitas Anak                        business operations of the Company and its Subsidiaries can
dapat cepat tanggap jika ada kejadian seperti gempa bumi,                       respond quickly if there are events such as earthquakes, fires, and
kebakaran dan kejadian-kejadian lain yang dapat mengancam                       other events that can threaten their safety.
keselamatannya.




256     Laporan Tahunan Terintegrasi 2023
Page 259
                                                                                                 Integrating Excellence for Sustainability




 Bulan        Tanggal                             Perseroan dan Entitas Anak               Lokasi                                  Peserta




                                                                                                                                                   Prologue
 Month        Date                                Company and Subsidiaries                 Location                                Participant




                                                                                                                                                    Prolog
Pemadaman Kebakaran | Fire Fighting
Jan          7, 14, 21                            PT First Jakarta International           Gedung BEI/IDX Building                87
Feb          11                                   PT First Jakarta International           Gedung BEI/IDX Building                23




                                                                                                                                                   Performamnce Highlights
Mar          4, 11                                PT First Jakarta International           Gedung BEI/IDX Building                28




                                                                                                                                                        Ikhtisar Kinerja
             18                                   PT Danayasa Arthatama                    SCBD Lot 16                            90
Jul          15                                   PT Pacific Place Jakarta                 SCBD Lot 16                            207
Nov          4                                    PT Adinusa Puripratama                   SCBD Lot 16                            86
Des/Dec      16                                   PT Pacific Place Jakarta                 SCBD Lot 16                            91
                                                  Hotel Borobudur Jakarta                  Hotel Borobudur Jakarta                202




                                                                                                                                                   Laporan Manajemen
                                                                                                                                                   Management Report
Evakuasi Darurat Kebakaran/Gempa Bumi | Fire/Earthquake Emergency Evacuation
Mar          6                                    PT Pacific Place Jakarta                 Mal Pacific Place                      1.491
Okt/Oct      13                                   PT Artha Telekomindo                     Control Building                       13
             17                                   PT First Jakarta International           Gedung BEI/IDX Building                4.698
             23                                   PT Pacific Place Jakarta                 One Pacific Place                      1.729
Des          22                                   PT Adinusa Puripratama                   Gedung Revenue                         1.505




                                                                                                                                                   Profil Perusahaan
                                                                                                                                                    Company Profile
Pelatihan MCFA Panel | MCFA Panel Training
Mei/May      13, 20                               PT First Jakarta International           Gedung BEI/IDX Building                19
Jun          10, 26                                                                                                               17
Jul          1, 7, 15, 22                                                                                                         35
Fire Safety Challenge
Okt/Oct      12, 14, 17, 19, 21, 24, 26, 28, 31   PT First Jakarta International           Gedung BEI/IDX Building                154




                                                                                                                                                   Analisis dan Pembahasan Manajemen
                                                                                                                                                    Management Discussion and Analysis
Nov          2, 4, 6, 7                                                                    Gedung BEI/IDX Building                70


Pengembangan Kapabilitas [OJK F.22]                                          Capability Development [OJK F.22]
Perseroan memfasilitasi pengembangan kapabilitas kepada                      The Company facilitates capability development for all personnel
seluruh personel melalui pelatihan dan pendidikan yang                       through training and education organized internally and externally.
diselenggarakan secara internal maupun secara eksternal.                     The Company has designed, established, and implemented soft
Perseroan telah merancang, menetapkan dan menjalankan                        skill and hard skill capability development programs by referring
program pengembangan kapabilitas soft skill dan hard skill                   to a framework that is prepared based on business needs and
dengan mengacu kepada kerangka yang disusun berdasarkan                      aligned with the human capital strategy.
kebutuhan bisnis dan diselaraskan dengan strategi human capital.

Secara keseluruhan sepanjang 2023, terdapat 215 pelatihan,                   Throughout 2023, there were 215 training, seminars, workshops,
seminar, workshop dan sosialisasi dengan durasi 1.983 jam (2022:             and socialization with a duration of 1,983 hours (2022: 184
184 pelatihan, seminar, workshop dan sosialisasi dengan durasi               training, seminars, workshops and socialization with a duration




                                                                                                                                                   Human Capital
                                                                                                                                                   Human Capital
1.809 jam) yang difasilitasi dan diselenggarakan oleh Perseroan              of 1,809 hours) facilitated and organized by the Company and its
dan Entitas Anak.                                                            Subsidiaries.

Biaya pelatihan, seminar, workshop dan sosialisasi terpusat yang             Centralized training, seminars, workshops and socialization costs
telah dikeluarkan oleh Perseroan bersama Entitas Anak mencapai               incurred by the Company and its Subsidiaries reached Rp2.79
Rp2,79 miliar di 2022 (2022: Rp1,62 miliar). Sementara untuk                 billion in 2022 (2022: Rp1.62 billion). Meanwhile, independent
pelatihan mandiri dari Entitas Anak mencapai Rp934,8 juta (2022:             training from subsidiaries reached Rp934.8 million (2022: Rp801.1
Rp801,1 juta).                                                               million).
                                                                                                                                                   Tata Kelola Perusahaan
                                                                                                                                                    Corporate Governance
                                                                                                                                                   Laporan Keberlanjutan
                                                                                                                                                    Sustainability Report




                                                                                                         2023 Integrated Annual Report      257
Page 260
PT Jakarta International Hotels & Development Tbk




                      Dukungan Terhadap Tujuan Pembangunan Berkelanjutan (TPB) Terkait Pengelolaan SDM
                      Support to Sustainable Development Goals (SDGs) Related to Human Resource Management
  Dukungan terhadap
       SDGs                                       Keterangan                                                           Description
   Support to SDGs

                       Penyerapan 2.615 tenaga kerja lokal.                               Absorption of 2,615 local workers.




                       • Lingkungan kerja yang aman dan sehat.                  •            Safe and healthy work environment.
                       • Penerapan kebijakan K3 seperti penyediaan sarana dan •              Implementation of OHS policy such as the provision of facilities
                         prasarana.                                                          and infrastructure.
                       • Penyemprotan disinfektan sebagai langkah pencegahan •               Disinfectant spraying as a measure to prevent the spread of
                         penyebaran virus yang membahayakan kesehatan karyawan.              viruses that endanger the health of employees
                       • Pemberian BPJS bagi seluruh karyawan.                  •            Providing social security (BPJS) for all employees.
                       • Gerakan Pejuang Kebersihan Lingkungan yang bertujuan •              Environmental Cleanliness Fighter Movement which aims to
                         agar setiap personel AGP, AGG dan AGN memiliki                      make every AGP, AGG, and AGN personnel have awareness,
                         kesadaran,kepedulian dan menjaga perilaku dalam                     concern and maintain the behaviour in maintaining
                         memelihara kebersihan dan kesehatan lingkungan.                     environmental cleanliness and health.

                       • Non-diskriminasi terhadap perempuan.                       •        Non-discrimination against women.
                       • Tidak ada kasus kekerasan pada perempuan.                  •        No cases of violence against women.
                       • Fasilitas laktasi pada jam kerja bagi karyawan wanita yang •        Lactation facilities during working hours for female employees
                         masih dalam masa periode menyusui.                                  who are still in breastfeeding.

                       • Rasio upah minimum karyawan golongan terendah terhadap •            The ratio of the minimum wage for the lowest category of
                         upah minimum yang ditetapkan Pemerintah seluruhnya di atas          employees against the minimum wage set by the Government
                         100%.                                                               is entirely above 100%.
                       • Tidak ada kerja paksa dan pekerja di bawah umur.           •        There is no forced labor and underage workers.

                       Inklusi sosial, ekonomi dan politik bagi semua usia, jenis kelamin, Social, economic and political inclusion for all age, gender, race,
                       disabilitas, ras, suku, asal, agama dan status lainnya.             disability, ethnicity, origin, religion and other status.




Masyarakat                                                                      Community
Perseroan senantiasa menyelaraskan kehadiran dan kegiatan                       The Company always harmonizes its presence and business
usahanya dengan kondisi sosial ekonomi yang terjadi di tengah                   activities with the socio-economic conditions that occur in the
masyarakat dan juga menunjukkan kepedulian terhadap apa                         community and also shows concern for what happens in the
terjadi di masyarakat sekitarnya. Keberadaan Perseroan sejak                    surrounding community. The Company’s existence since 1969 and
1969 dan keberhasilannya hingga saat ini tidak terlepas dari relasi             its success to date is owing to the mutualistic relationship with the
mutualistis dengan masyarakat sebagai bagian dari pemangku                      community as part of the stakeholders.
kepentingan.

Relasi dengan masyarakat sebagai pengguna produk dan jasa,                      Relations with the community as users of products and services
senantiasa harus dijaga loyalitasnya melalui produk terbaik dan                 must always be maintained through the best products and excellent
pelayanan prima, demi kontinuitas perolehan pendapatan. Sisi                    service, for the continuity of revenue generation. The other side of
lain masyarakat pada bisnis yang dikembangkan oleh Perseroan                    the community in the business developed by the Company and
dan Entitas Anak adalah sebagai pekerja, dan sebagai “penjaga”                  its Subsidiaries is as a worker, and as an indirect “guardian” of its
secara tidak langsung dari keberadaanya di sekitar lokasi usaha.                existence around the business location.

Relasi dengan masyarakat harus terjaga karena ketidakberhasilan                 Relations with the community must be maintained because the
relasi tersebut berpotensi menimbulkan risiko-risiko sosial yang                failure of such relations has the potential to cause social risks
bisa tidak menguntungkan. Upaya Perseroan untuk menjaga relasi                  that can be unfavorable. The Company’s efforts to maintain
yang harmonis dengan masyarakat diwujudkan melalui penerapan                    harmonious relations with the community are realized through
program kepedulian sosial, yang dapat mencegah terjadinya                       the implementation of social care programs, which can prevent
masalah sosial, sekaligus untuk memberdayakan masyarakat agar                   the occurrence of social problems, as well as to empower the
lebih mandiri dan sejahtera.                                                    community to be more independent and prosperous.

Manfaat Program Kemasyarakatan [OJK F.23]                                       Benefits of Community Programs [OJK F.23]
Perseroan dan Entitas anak konsisten menjalankan program                        The Company and its subsidiaries consistently carry out social and
tanggung jawab sosial lingkungan (TJSL) berdasarkan prinsip-                    environmental responsibility programs based on principles and
prinsip dan pendekatan pemberdayaan menuju kemandirian                          empowerment approaches towards community independence
masyarakat dan pembangunan yang berkelanjutan. Inisiatif ini                    and sustainable development. This initiative is a manifestation of
merupakan manifestasi komitmen Perseroan dan Entitas Anak                       the Company’s and Subsidiaries’ commitment to manage business
untuk mengelola bisnis dan operasional perusahaan secara                        and operations responsibly, providing positive benefits and not
bertanggung jawab, memberikan manfaat positif dan tidak                         harming all stakeholders.
merugikan seluruh pemangku kepentingan.

Dalam menetapkan sasaran dan strategi program kepedulian sosial                 In determining the targets and strategies of social care and
dan pengembangan masyarakat, Perseroan melibatkan berbagai                      community development programs, the Company involves various
komponen masyarakat, termasuk pemerintah dan pemimpin                           components of society, including the government and local
komunitas setempat. Dengan demikian, program-program yang                       community leaders. Thus, the programs implemented can be
dilaksanakan dapat tepat guna dan memberi manfaat yang                          appropriate and provide maximum benefits to improve the welfare
sebesar-besarnya untuk meningkatkan kesejahteraan masyarakat.                   of the community.



258     Laporan Tahunan Terintegrasi 2023
Page 261
                                                                                           Integrating Excellence for Sustainability




Penetapan sasaran dan strategi program dimulai dari pemetaan          The determination of program targets and strategies begins with a




                                                                                                                                                Prologue
                                                                                                                                                 Prolog
potensi dan kebutuhan masyarakat yang menjadi sasaran                 mapping of the potential and needs of the communities targeted
pelaksanaan program. Berdasarkan hasil pemetaan tersebut,             for program implementation. Based on the mapping results, the
Perseroan akan merumuskan program yang benar-benar                    Company will formulate programs that are truly needed by the
dibutuhkan masyarakat. Program yang telah disusun, ditetapkan,        community. Programs that have been formulated, determined,




                                                                                                                                                Performamnce Highlights
disosialisasikan dan dilaksanakan dengan melibatkan masyarakat        socialized and implemented by actively involving the community
secara aktif dan melakukan kemitraan dengan pemangku                  and partnering with other stakeholders.




                                                                                                                                                     Ikhtisar Kinerja
kepentingan lainnya.

Perseroan meyakini bahwa program-program TJSL yang                    The Company believes that the Social and Environmental programs
dijalankannya dapat membawa manfaat nyata bagi masyarakat             may bring real benefits to the community and the environment
dan lingkungan di sekitar keberadaan perusahaan. Masyarakat           around the company. The community is expected to support
diharapkan mendukung program-program tersebut dan dapat               these programs and accept the Company’s presence. Conducive
menerima keberadaan Perseroan. Kondisi yang kondusif akan             conditions will have a positive influence on the Company in running
membawa pengaruh positif bagi Perseroan dalam menjalankan             its business, allowing it to focus more on improving performance




                                                                                                                                                Laporan Manajemen
                                                                                                                                                Management Report
usahanya sehingga bisa lebih fokus untuk meningkatkan kinerja         and achieving sustainable business growth.
dan mencapai pertumbuhan bisnis yang berkelanjutan.

Pengaduan Masyarakat [OJK F.24] [GRI 418-1]                           Public Complaints [OJK F.24] [GRI 418-1]
Perseroan menyediakan media sarana layanan pengaduan                  The Company provides media for public complaint services
masyarakat yang dapat diakses dengan mudah, yaitu call center         that can be accessed easily, namely call centers and websites.
dan situs web. Situs web Perseroan dan Entitas Anak berfungsi         The Company and Subsidiaries’ websites serve as a two-way
sebagai media komunikasi dua arah. Menjadi media informasi dari       communication medium. Being a medium of information from




                                                                                                                                                Profil Perusahaan
perusahaan, juga menjadi sarana dan fasilitas dari konsumen untuk     the Company, it is also a means and facility for consumers to




                                                                                                                                                 Company Profile
mengajukan pertanyaan dan keluhan, serta memberikan masukan           ask questions and complaints, as well as provide input related to
terkait dengan segala hal berhubungan operasional Perseroan           operations of the Company and its Subsidiaries.
dan Entitas Anak.

Terhadap pengaduan yang masuk, Perseroan berkomitmen untuk            For incoming complaints, the Company is committed to providing
memberikan tindakan/respons secara cepat dan taktis.                  quick and tactical actions/responses.




                                                                                                                                                Analisis dan Pembahasan Manajemen
Di sepanjang 2023, Perseroan tidak mendapatkan pengaduan dari         Throughout 2023, the Company did not receive any complaints




                                                                                                                                                 Management Discussion and Analysis
masyarakat terkait dengan masalah sosial dan lingkungan.              from the public related to social and environmental issues.

Kegiatan Tanggung Jawab Sosial Lingkungan [OJK                        Social and Enviromental Responsibility Program
F.25]                                                                 [OJK F.25]

Perseroan bersama Entitas Anak/Cucu (Hotel Borobudur Jakarta,         The Company and its Subsidiaries (Hotel Borobudur Jakarta, PT
PT Danayasa Arthatama, PT Artha Telekomindo, dan PT Pacific           Danayasa Arthatama, PT Artha Telekomindo, and PT Pacific Place
Place Jakarta) melakukan berbagai kegiatan kepedulian sosial          Jakarta) conduct various social care and community development
dan pengembangan kemasyarakatan dalam bentuk bhakti sosial,           activities in the form of social services, health, education, and
kesehatan, pendidikan dan keagamaan, serta program-program            spiritual, as well as other programs, with funds sourced from the
lainnya, dengan dana yang bersumber dari penyisihan dan               allowance and use of corporate profits.
penggunaan laba perusahaan.

Bhakti Sosial                                                         Social Service




                                                                                                                                                Human Capital
                                                                                                                                                Human Capital
Bhakti sosial penjualan paket sembako dilaksanakan sebagai            The social service of selling basic food packages is carried out as
bagian dari aktivitas Corporate Social Safety Responsibility (CSSR)   part of the Corporate Social Safety Responsibility (CSSR) activities
dari Artha Graha Peduli (AGP). Kegiatan ini secara khusus ditujukan   of Artha Graha Peduli (AGP). This activity is specifically aimed at the
bagi masyarakat sekitar lokasi usaha untuk dapat membeli paket        community around the business location, enabling people to buy
sembako dengan harga yang terjangkau.                                 basic food packages at affordable prices.

Dilaksanakan rutin menjelang hari-hari raya keagamaan seperti         Carried out regularly before religious holidays such as Christmas,
pada hari Natal, Imlek dan Idul Fitri.                                Chinese New Year and Eid al-Fitr.
                                                                                                                                                Tata Kelola Perusahaan
                                                                                                                                                 Corporate Governance




Saat ini di sepanjang 2023, kegiatan bakti sosial tersebut, tidak     Now throughout 2023, the social service activity, not only conducts
hanya melakukan penjualan paket sembako murah, tapi dilengkapi        the sale of cheap food packages, but is also complemented by
pula dengan penyuluhan kesehatan sesuai dengan pilar sosial           health counseling in accordance with the social pillars of Artha
kemasyarakatan Artha Graha Peduli.                                    Graha Peduli.
                                                                                                                                                Laporan Keberlanjutan
                                                                                                                                                 Sustainability Report




                                                                                                  2023 Integrated Annual Report        259
Page 262
PT Jakarta International Hotels & Development Tbk




                                                Kegiatan Sosial Penyuluhan Kesehatan dan CSSR 2023
                                                Social Activities Health Counseling and CSSR 2023




   Bulan | Month      Tanggal | Date       Lokasi | Location
                                                                                         Kota/Kabupaten | City/   Sembako Basic         Nasi & Telur Merah
                                                                                         District                 Food                  Red Rice & Eggs
  Hotel Borobudur Jakarta                                                                                                    2.000

  Mar                 27                  Taman RW 07 Kel. Bungur                        Jakarta Pusat                        100
                      28                  Taman RW 07 Kel. Pasar Baru                    Central Jakarta                      100
                      28-29               Pos RW 08, Kel. Pasar Baru                                                          300
                      29                  RPTRA RW 07 Kel. Pasar Baru                                                         100
                      30                  Pos RW 03 Kel. Pasar Baru                                                           100
                                          Pos RW 06 Kel. Karanganyar                                                          100
  Apr                 1                   Pos RW 02 & SD Muhamadiyah Kel. Utan                                                200
                                          Panjang
                      3                   Pos RW 03 Kel. Pasar Baru                                                           100
                                          Pos RW 06 Kel. Karanganyar                                                          100
                      4-5                 Pos RW 05 Kel. Tanah Tinggi                                                         200
                                          Pos RW 14 Kel. Tanah Tinggi                                                         200
                      6/11                Pos RW 01 Kel. Senen                                                                200
                                          RPTRA RW 04 Kel. Senen                                                              200
                      12                  FKDM Kec. Sawah Besar                                                               100
                                          UMKM Kec. Sawah Besar                                                               100
                      20                  Pos RW 07 Kel. Bungur                                                               100
  B. Entitas Anak di SCBD | Subsidiary in SCBD
  Jan                 15                   Vihara Satrya Dharma, Jl Teluk Gong Raya      Jakarta Utara                            350
                                           No. 1                                         North Jakarta
                      18                   Vihara Tri Dharma Guna, Jl. Tanjung Pasir     Tangerang
  Mar                 25-26                Jl.Senopati Dalam RT 02/RW 01 Kel.            Jakarta Selatan                          300
                                           Senayan                                       South Jakarta
                      28-30                Jl.Pecandran RT 04/RW 02 Kel. Rawa Barat      Jakarta Selatan                      500
                                                                                         South Jakarta
  Apr                 1                   Jl.Mpu Sendok RT 08 RW 04 Kel. Selong          Jakarta Selatan                          300
                                                                                         South Jakarta
                      2-6, 8, 11          Jl.Poncol RT 12/RW.04 Kel. Kuningan Barat      Jakarta Selatan                          700
                                                                                         South Jakarta
                      16                  Jl.Lapangan Tembak RT 01/RW 10 Kel.            Jakarta Selatan                          300
                                          Cilandak                                       South Jakarta
                      19                  Jl. Pondok Jaya RT 11/RW.12 Kel. Pela          Jakarta Selatan                      200
                                          Mampang                                        South Jakarta
                      19                  Jl. Lapangan Tembak, Kel. Kelapa Dua
                                          Wetan
                      20                  Jl. Panca Warga I, Kel. Cipinang Besar Utara
  Jun                 24                  Vihara Tri Dharma Guna, Jl. Tanjung Pasir      Tangerang                                300
  Jul                 23                  Vihara Attha Naga Vimutti, Jl. Tanjung         Tangerang
                                          Burung
  Agu                 15                  Jl. Tulodong Bawah RT 01/RW 01, Kel.           Jakarta Selatan                                                     50
                                          Senayan                                        South Jakarta
                      21                  RT 05/RW 05, Kel. Rawa Barat                                                                                       100
                      22                  RT 01/RW 01, Kel. Senayan                                                                                          100
  Okt                 7                   Jl. Mpu Sendok RT 08/RW 04 Kel. Selong         Jakarta Selatan                          100
                      10                  Jl. Senopati Dalam RT 02/RW 01 Kel.            South Jakarta                            100
                                          Senayan
                     11                   Jl. Poncol RT 02 & 12/RW.04 Kel. Kuningan                                               100
                                          Barat
  Jumlah | Total                                                                                                             6.100




260     Laporan Tahunan Terintegrasi 2023
Page 263
                                                                                                 Integrating Excellence for Sustainability




Bina Anak                                                                 Child Development




                                                                                                                                                     Prologue
                                                                                                                                                      Prolog
Salah satu sasaran dalam program-program dari Artha Graha                 One of the goals of Artha Graha Peduli's programs is to care for
Peduli adalah kepedulian terhadap anak, terutama dalam hal                children, especially in terms of health and education. Below are the
kesehatan dan pendidikan. Di bawah ini adalah kegiatan-kegiatan           activities carried out by the Subsidiary Entities in their concern for
yang dilakukan oleh Entitas Anak dalam kepeduliannya terhadap             children throughout 2023.




                                                                                                                                                     Performamnce Highlights
anak-anak di sepanjang 2023.




                                                                                                                                                          Ikhtisar Kinerja
                                                       Kepedulian Bina Anak
                                                      Child Development Care
                                                Penerima
       Entitas Anak               Tanggal                                             Lokasi                Paket Kepedulian
 No                                             Recipient
       Subsidiary                 Date                                                Location              Care Package

1     Hotel Borobudur Jakarta    22 Jan         Panti Asuhan Griya Asih               Jakarta Pusat        Keuangan
                                                Griya Asih Orphanage                                       Finance




                                                                                                                                                     Laporan Manajemen
                                                                                                                                                     Management Report
                                                Panti Asuhan Al Jihad
                                                Al Jihad Orphanage
                                                Panti Asuhan Utan Panjang
                                                Utan Panjang Orphanage
                                 15 Des         Panti Asuhan Agape                    Jakarta Utara
                                 15 Dec         Agape Orphanage
2     PT Danayasa Arthatama      15 Feb         PAUD Mawar                            Jakarta Selatan      Masker dan sabun cuci tangan.




                                                                                                                                                     Profil Perusahaan
                                                                                                                                                      Company Profile
                                                                                                           Mask and hand soap.
                                 28 Nov                                                                    Santunan anak yatim & dhuafa.
                                                                                                           Orphan & dhuafa donation.
3     PT Pacific Place Jakarta   24-28 Apr      24 anak karyawan                      Jakarta Selatan      Pacific Place Daycare 2023
                                                24 employee children                                       Seminar parenting: “Menjadi Sahabat
                                                                                                           Anak Digital."
                                                                                                           Pacific Place Daycare 2023
                                                                                                           Parenting seminar: "Being a Digital




                                                                                                                                                     Analisis dan Pembahasan Manajemen
                                                                                                           Child's Best Friend."




                                                                                                                                                      Management Discussion and Analysis
                                 11 Mei         Yayasan Panti Yatim Indonesia         Jakarta Selatan      Keuangan
                                 11 May         (PYI)                                                      Finance
                                                Panti Yatim Indonesia (PYI)
                                                Foundation
                                 23 Jul         Asosiasi Perusahaan Sahabat           Semarang             Donasi untuk peringatan Hari Anak
                                                Anak Indonesia (APSAI)                                     Nasional 2023.
                                                Association of Indonesian                                  Donate for the commemoration of
                                                Children's Friends Company                                 National Children's Day 2023.
                                                (APSAI)
                                 11 Des         Anak yatim di Yayasan Panti Yatim     Jakarta Selatan      Donasi popcorn
                                 11 Dec         Indonesia (PYI)                                            Popcorn donation
                                                Orphans at Panti Yatim Indonesia
                                                (PYI) Foundation
                                 15 Des         Yayasan Pondok Domba                  Jakarta Barat        Donasi event Natal 2023




                                                                                                                                                     Human Capital
                                 15 Dec         Sheep Cottage Foundation                                   Christmas 2023 event donation




                                                                                                                                                     Human Capital
                                                                                                                                                     Tata Kelola Perusahaan
                                                                                                                                                      Corporate Governance
                                                                                                                                                     Laporan Keberlanjutan
                                                                                                                                                      Sustainability Report




                                                                                                        2023 Integrated Annual Report          261
Page 264
PT Jakarta International Hotels & Development Tbk




Penyembelihan Hewan Kurban                                                          Sacrificial Animal Slaughtering
Perseroan dan Entitas Anak melaksanakan kegiatan Idul Kurban                        The Company and its subsidiaries carry out routine Eid al-Adha
rutin setiap tahun. Kegiatan ini merupakan program pengembangan                     activities every year. This activity is a community development
masyarakat, wujud toleransi untuk bersama-sama menciptakan                          program, a form of tolerance to jointly create conducive social
kondisi iklim sosial yang kondusif dan tatanan sosial budaya yang                   climate conditions and a good socio-cultural order around the
baik di sekitar lokasi usaha. Secara bersama-sama dikumpulkan                       business location. Sacrificial animals are collected together to be
hewan kurban untuk disembelih dan selanjutnya didistribusikan                       slaughtered and then distributed to the community.
kepada masyarakat.

Di 2023, kegiatan Idul Kurban dilaksanakan sejak 28-29 Juni,                        In 2023, the Eid al-Adha activity was held from June 28-29, which
yang dilakukan oleh Perseroan melalui Hotel Borobodur Jakarta                       was carried out by the Company through Hotel Borobodur Jakarta
dan Entitas Anak di kawasan SCBD, dengan hewan kurban yang                          and its subsidiaries in the SCBD area, with sacrificial animals given
diberikan sebanyak 11 sapi dan 14 kambing.                                          as many as 11 cows and 14 goats.

               Perseroan dan Entitas Anak          Tanggal                                      Penerima                           Sapi      Kambing
    No
                Company and Subsidiaries            Date                                        Recipient                          Cows       goats
1        Kolaborasi Entitas Anak di SCBD         28 Jun         Kantor Kelurahan Senayan                                             1
         Collaboration of Subsidiaries at SCBD
                                                                Kantor Kelurahan Rawa Barat                                          1
                                                                Kantor Kecamatan Kebayoran Baru                                      1
                                                                Masjid Al Kautsar, Polda Metro Jaya                                  1
                                                                Masjid Darussalam, Kel. Senayan                                      1
                                                                Masjid Nurul Islam, Kel. Senayan                                     1
2        PT Pacific Place Jakarta                               Kantor Walikota Jakarta Selatan                                      1
                                                                Kantor Kelurahan Selong                                              1
3        PT First Jakarta International                         Lokasi binaan AGP: RW 01 & 09, Pademangan Timur                                 2
                                                                Lokasi binaan AGP: Talang Simpang Pekom Tirom                                   1
                                                                Kantor Polres Jakarta Barat                                          1
4        Hotel Borobudur Jakarta                 29 Jun         Kantor Walikota Jakarta Pusat                                        1
                                                                Kantor Kodim 0501 di Jakarta Pusat                                   1
                                                                Kantor Kelurahan Pasar Baru                                                     4
                                                                Pos RW 007 Bungur                                                               2
                                                                Pos RW 004 Senen                                                                2
                                                                Balai Warga RW 001 Gambir                                                       2
Jumlah | Total                                                                                                                       11         14




                                                          Kedatangan hewan kurban di Kawasan SCBD
                                                            Arrival of sacrificial animals in SCBD Area




Donasi                                                                              Donation
Sejak awal berdiri (dan terus berlanjut hingga saat ini), Pemilik                   Since its inception (and continues to this day), the JIHD Group
Grup JIHD memiliki prinsip kepedulian berlandaskan semangat                         Owner has a principle of caring based on the simple spirit of
sederhana “Membantu Masyarakat Tidak Mampu.” Ketika itu,                            “Helping the Poor.” At that time, the activities carried out were the
kegiatan yang dilakukan adalah pembagian beras setiap hari                          distribution of rice every Friday to communities in various places in
Jumat kepada masyarakat di berbagai tempat di Jakarta, Bogor,                       Jakarta, Bogor, Tangerang and Bekasi (Jabotabek).
Tangerang dan Bekasi (Jabotabek).




262       Laporan Tahunan Terintegrasi 2023
Page 265
                                                                                                          Integrating Excellence for Sustainability




Dengan mengusung semangat yang sama, para karyawan dari                           With the same spirit, the employees of the Company’s subsidiaries,




                                                                                                                                                               Prologue
                                                                                                                                                                Prolog
Entitas Anak Perseroan khususnya yang berlokasi di kawasan                        especially those located in the SCBD area, worked together to
SCBD bergotong-royong mengadakan kegiatan Jumat Berkah,                           organize the Blessed Friday activities, which is a social activity to
yaitu kegiatan sosial memberikan makanan siap saji kepada                         provide fast food to mosque congregations and janitors regularly
jemaah masjid dan petugas kebersihan secara berkala di hari                       on Fridays.




                                                                                                                                                               Performamnce Highlights
Jumat.




                                                                                                                                                                    Ikhtisar Kinerja
Di sepanjang 2023, sejak Januari hingga Desember telah                            Throughout 2023, from January to December, 33 Blessing Friday
dilaksanakan 33 kegiatan Jumat Berkah. Di seputar kawasan SCBD                    activities were held. Around the SCBD area, 19 times were held
sebanyak 19 kali yang diadakan di lima lokasi, yaitu di Musala Al                 in five locations, namely at Mushola Al A’laa (12 times), Darusalam
A’laa (12 kali), Masjid Darusalam (3 kali), Masjid Nurul Iman (1 kali),           Mosque (3 times), Nurul Iman Mosque (1 time), Nurul Islam Mosque
Masjid Nurul Islam (2 kali) dan masyarakat di sekitar Kawasan SCBD                (2 times), and communities around the SCBD area (1 time) with 1,100
(1 kali) dengan 1.100 paket. Hotel Borobudur Jakarta mengadakan                   packages. Hotel Borobudur Jakarta held 14 activities aimed at the
14 kegiatan yang ditujukan kepada warga binaan jamaah yang                        community members located in RW 005 and RW 014 of Tanah
berlokasi di RW 005 dan RW 014 Kelurahan Tanah Tinggi dengan                      Tinggi Village by providing 1,050 packages.




                                                                                                                                                               Laporan Manajemen
                                                                                                                                                               Management Report
menyediakan 1.050 paket.


Donasi Jumat Berkah 2023 | Friday Blessing 2023 Donation
                                                                        Bulan dan Tanggal | Month and Date
                                                                                                                                                  Jumlah
         Penerima | Recipient
                                        1         2        3        4         5         6        7        8        9     10       11      12       Total

    A   Lokasi seputar SCBD | Location around SCBD




                                                                                                                                                               Profil Perusahaan
                                                                                                                                                                Company Profile
1       Musala Al A'laa                     20        17       31       14        12        23       21    25       22     27      24       22       2.991
2       Masjid Darusalam                              3                                     23                             20                         300
3       Masyarakat sekitar                            17                                                                                               100

4       Masjid Nurul Iman                                                                                           29                                 100
5       Masjid Nurul Islam                                                                                                         24       29        200
    B




                                                                                                                                                               Analisis dan Pembahasan Manajemen
        Warga Binaan Jemaah | Members of the Congregation




                                                                                                                                                                Management Discussion and Analysis
1       RW 05, Tanah Tinggi             6/20       3/17        3                         26          21                                                525
2       RW 14, Tanah Tinggi             13/17    10/24         10                           9                 4                                        525
Jumlah | Total                                                                                                                                        4.741




                                                                                                                                                               Human Capital
                                                                                                                                                               Human Capital

Selain donasi dalam kegiatan Jumat Berkah, dilakukan pula                         In addition to the donations in the Friday Blessing activities, other
donasi-donasi lain, seperti kepada Badan Amil Zakat Nasional                      donations were also made, such as to the National Amil Zakat
                                                                                                                                                               Tata Kelola Perusahaan
                                                                                                                                                                Corporate Governance




(untuk Kelurahan Rawa Barat, Kecamatan Kebayoran Baru dan                         Agency (for Kelurahan Rawa Barat, Kecamatan Kebayoran Baru and
Kantor Walikota Jakarta Selatan) dan Palang Merah Indonesia                       the South Jakarta Mayor’s Office) and the Indonesian Red Cross
(untuk Kecamatan Kebayoran Baru dan Kantor Walikota Jakarta                       (for Kecamatan Kebayoran Baru and the South Jakarta Mayor’s
Selatan) yang dilakukan oleh Entitas Anak PT Danayasa Arthatama.                  Office) conducted by its subsidiary PT Danayasa Arthatama.

Dukungan     Terhadap     Tujuan   Pembangunan                                    Support for Sustainable Development Goals (SDGs)
Berkelanjutan (TPB) Terkait Program CSSR                                          Related to CSSR Program
Selain pemenuhan tanggung jawab, sekaligus upaya nyata                            In addition to the fulfillment of responsibility, as well as a real effort
pelibatan masyarakat, pelaksanaan program merupakan dukungan                      to involve the community, the implementation of the program is
Perseroan terhadap 17 Tujuan Pembangunan Berkelanjutan (TPB)                      the Company’s support for the 17 Sustainable Development Goals
                                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                                Sustainability Report




atau Sustainable Development Goals (SDGs) yang saat ini sedang                    (SDGs) that are currently being intensified by the government.
digencarkan pemerintah. Berdasarkan pemetaan yang dilakukan                       Based on the mapping conducted by the Company, the CSSR
Perusahaan. program CSSR yang diselenggarakan di sepanjang                        program held throughout 2023 has supported 2 of 17 SDGS.
2023 telah mendukung 2 dari 17 TPB.




                                                                                                                  2023 Integrated Annual Report       263
Page 266
PT Jakarta International Hotels & Development Tbk




  Dukungan terhadap SDGs
                                                    Keterangan                                               Description
     Support for SDGs
                              • Penjualan paket sembako dengan harga yang terjangkau • Selling basic necessities at affordable prices for the
                                bagi masyarakat sekitar lokasi usaha.                    community around the business location.
                              • Pembagian beras setiap hari Jumat kepada masyarakat di • Distribution of rice every Friday to communities in
                                berbagai tempat di Jakarta, Bogor, Tangerang dan Bekasi  various places in Jakarta, Bogor, Tangerang and Bekasi
                                (Jabotabek).                                             (Jabotabek).


                              • Donasi masker dan sabun cuci dan santunan anak yatim • Donation of masks and washing soap and compensation
                                & dhuafa                                               for orphans & poor people
                              • Pemberian makanan siap saji kepada Jemaah masjid dan • Providing ready-to-eat food to mosque congregations and
                                petugas kebersihan secara berkala di hari Jumat.       cleaning staff periodically on Fridays.
                              • Pendistribusian hewan kurban kepada masyarakat       • Distribution of sacrificial animals to the community



Komitmen Memberikan Yang Terbaik [OJK F.17]                               Commitment to Delivering the Best [OJK F.17]
Kedudukan pelanggan bagi Perseroan teramat penting sebagai                Customers are very important to the Company as business
mitra bisnis dalam relasi simbiosis mutualistis. Keberadaan dan           partners in a mutualistic symbiotic relationship. Their existence and
penerimaan mereka terhadap produk dan layanan perusahaan                  acceptance of the Company’s products and services determine the
sangat menentukan keberlangsungan dan keberlanjutan                       Company’s sustainability in the future.
perusahaan di masa depan.

Perseroan berkomitmen untuk senantiasa memberikan produk                  The Company is committed to always deliver the best products and
terbaik dan pelayanan prima kepada para pelanggannya. Komitmen            excellent service to its customers. The Company’s commitment to
Perseroan dalam memberikan mutu pelayanan terbaik dan setara              provide the best and equal quality of service to customers is carried
kepada pelanggan dilakukan dengan senantiasa meninjau kualitas            out by regularly reviewing the quality of its facilities, optimizing
fasilitas yang dimiliki secara berkala, optimalisasi pelayanan, serta     services, and developing product and service innovations. [OJK
pengembangan inovasi produk dan layanan. [OJK F.26]                       F.26]

Produk dan layanan yang dihasilkan dan diberikan telah memenuhi           Products and services generated and rendered have met safety
standarisasi keamanan, ramah lingkungan, dengan perizinan dan             standards, are environmentally friendly, with licensing and
sertifikasi sesuai dengan peraturan perundang-undangan yang               certification in accordance with applicable laws and regulations.
berlaku. Semua aspek tersebut menjadi perhatian dan penting               All of these aspects are of concern and importance so that all
agar seluruh bisnis usaha yang dijalankan tidak memberikan                businesses run do not have a negative impact and are able to bring
dampak negatif dan mampu membawa Perseroan beserta seluruh                the Company and all stakeholders to grow together.
pemangku kepentingan untuk tumbuh bersama.

Dengan adanya konsistensi dalam memberikan produk dan                     With consistency in providing quality products and services for
layanan yang berkualitas bagi para pelanggan, maka Perseroan              customers, the Company will be able to increase competitiveness
akan mampu meningkatkan daya saing dan menjadi lebih unggul               and become superior to its competitors.
dibanding para kompetitornya.

Pemasaran dan Keterbukaan Informasi                                       Marketing and Information Disclosure
Informasi produk dan pelayanan Perseroan dipromosikan                     Information on the Company’s products and services are
melalui berbagai metode yang mudah diakses dan dijangkau                  promoted through various methods that are easily accessible and
oleh pelanggan. Informasi yang berhubungan dengan kinerja                 reachable by customers. Information related to the Company’s
Perseroan teraktual disajikan melalui situs resmi www.jihd.co.id,         latest performance is presented through the official website
sedang informasi komprehensif mengenai produk dan jasa dapat              www.jihd.co.id, while comprehensive information on products and
dilihat melalui situs-situs dari Entitas Anak. Pelanggan dapat            services can be viewed through the websites of the Subsidiaries.
menanyakan dan mengetahui seluruh informasi tersebut melalui              Customers can inquire and find out all the information through
situs-situs tersebut.                                                     these websites.

Keamanan Produk dan Pelayanan [OJK F.27]                                  Product and Service Safety [OJK F.27]
Perseroan senantiasa melakukan evaluasi terhadap keamanan                 The Company constantly evaluates the safety of the products and
produk dan jasa yang ditawarkan melalui penerapan beberapa                services offered through the implementation of several standard
standard operating procedure (SOP) dan standar pelayanan                  operating procedures (SOP) and minimum service standards to
minimal (SPM) untuk memberikan keamanan dan kenyamanan                    provide safety and comfort for customers.
bagi pelanggan.

Seluruh produk dan jasa yang dihasilkan selalu memperhatikan              All products and services always consider safety factors for
faktor keamanan bagi pelanggan, mulai dari perencanaan,                   customers, starting from planning, implementation, until products
pelaksanaan, hingga produk dan jasa dapat diserahkan/diberikan            and services can be delivered / provided to customers. Safety
kepada pelanggan. Faktor-faktor keamanan diidentifikasi, dikelola,        factors are identified, managed, and applied at every stage of the
dan diterapkan di setiap tahapan pekerjaan tersebut sehingga              work to produce products and services that are safe for customers.
dihasilkan produk dan jasa yang aman bagi pelanggan.

Perseroan telah memiliki berbagai pengalaman dalam mengerjakan            The Company has various experiences in working on all its
seluruh produk dan jasanya dengan didukung oleh penerapan                 products and services supported by the implementation of the
sistem manajemen terbaik. Hingga akhir 2023, tidak terdapat               best management system. Until the end of 2023, there were no
insiden ketidakpatuhan sehubungan dengan dampak keamanan                  incidents of non-compliance in relation to the safety impact of the
produk dan layanan dari Perseroan kepada pelanggan.                       Company’s products and services to customers.




264     Laporan Tahunan Terintegrasi 2023
Page 267
                                                                                         Integrating Excellence for Sustainability




Sementara dalam hal keamanan kesehatan, sehubungan dengan           Meanwhile, in terms of health security, in connection with the




                                                                                                                                             Prologue
                                                                                                                                              Prolog
pandemi Covid-19 yang sewaktu-waktu dapat kembali, Perseroan        Covid-19 pandemic which could return at any time, the Company
tetap memberlakukan protokol kesehatan kepada tamu, pelanggan       continues to apply health protocols to guests, customers and
dan pemangku kepentingan yang hendak berkegiatan di unit-unit       stakeholders who want to carry out activities in the Company’s
usaha Perseroan, namun kebijakan tersebut tidak seketat masa        business units, but the policy is not as strict as during the pandemic




                                                                                                                                             Performamnce Highlights
pandemi dan cenderung lebih fleksibel.                              and tends to be more flexible.




                                                                                                                                                  Ikhtisar Kinerja
Keberadaan yang Bermanfaat [OJK F.28]                               Beneficial Existence [OJK F.28]
Keberadaan Perseroan bersama Entitas Anak telah berkontribusi       The existence of the Company and its Subsidiaries has
pada kegiatan ekonomi di sektor industri perhotelan, real estat     contributed to economic activities in the hospitality, real estate and
dan jasa telekomunikasi. Perseroan telah memberikan informasi       telecommunication services industry sectors. The Company has
yang jelas dan aktual perihal semua produk dan layanan yang         provided clear and actual information on all products and services
ditawarkan melalui strategi marketing komprehensif.                 offered through a comprehensive marketing strategy.

Melalui produk dan pelayanan, Perseroan telah memberi               Through its products and services, the Company has made it easy




                                                                                                                                             Laporan Manajemen
                                                                                                                                             Management Report
kemudahan bagi semua pihak untuk melakukan segala kegiatannya       for all parties to carry out all their activities through its products
melalui produk dan pelayanannya. Perseroan berupaya untuk           and services. The Company strives to continuously improve the
terus meningkatkan mutu dan kualitas dari produk dan layanannya.    quality of its products and services. One of the efforts to improve
Upaya peningkatan salah satunya adalah dengan melengkapi dan        is by completing and updating facilities and infrastructure in the
memperbarui sarana dan prasarana di unit-unit usaha Perseroan.      Company’s business units.

Namun demikian, Perseroan juga menyadari bahwa keberadaan           However, the Company also realizes that the existence of hotels
hotel dan mal yang dioperasikan oleh Perseroan dan Entitas          and malls operated by the Company and its Subsidiaries can




                                                                                                                                             Profil Perusahaan
Anak dapat menghasilkan dampak seperti limbah dan kebisingan        produce impacts such as waste and noise to a certain extent




                                                                                                                                              Company Profile
dalam taraf tertentu yang berpotensi mengganggu kenyamanan          which have the potential to disturb the comfort of the surrounding
masyarakat sekitar.                                                 community.

Perseroan senantiasa melakukan antisipasi dan tindakan yang         The Company always anticipates and takes adequate measures to
memadai untuk memastikan pelanggan tidak dirugikan, dengan          ensure that customers are not harmed, by constantly monitoring
senantiasa memantau dampak lingkungan dan sosial yang               the environmental and social impacts caused by the existence of
diakibatkan oleh keberadaan dari unit-unit usaha, dan memastikan    the business units, and ensuring that such impacts are still within




                                                                                                                                             Analisis dan Pembahasan Manajemen
bahwa dampak tersebut masih dalam batas yang ditolerir oleh         the limits tolerated by the prevailing laws and regulations.




                                                                                                                                              Management Discussion and Analysis
peraturan perundang-undangan yang berlaku.

Di sepanjang 2023, tidak ada insiden ketidakpatuhan mengenai        Throughout 2023, there were no incidents of non-compliance
informasi dari produk dan layanan yang ditawarkan oleh Perseroan.   regarding the information of products and services offered by the
                                                                    Company.

Produk dan Layanan yang Ditarik Kembali [OJK F.29]                  Recalled Products and Services [OJK F.29]
Di sepanjang 2023, tidak ada satupun produk ataupun layanan         Throughout 2023, none of the products or services of the
dari Perseroan dan Entitas Anak yang ditarik kembali/dibatalkan     Company and its Subsidiaries were recalled/canceled for any
dengan alasan apapun. Selain itu, tidak diterima pengaduan          reason. In addition, no complaints were received on the quality of
terhadap kualitas produk/layanan yang ditawarkan.                   the products/services offered.


Layanan Pengaduan                                                   Complaint Services




                                                                                                                                             Human Capital
                                                                                                                                             Human Capital
Perseroan bersikap terbuka terhadap masukan, keluhan, saran,        The Company is open to input, complaints, suggestions, and
dan kritik setiap pelanggan, dimana hal-hal tersebut akan menjadi   criticism from every customer, which will be used as evaluation
bahan evaluasi untuk perbaikan di masa mendatang. Pelayanan         material for future improvements. The best service to customers is
terbaik terhadap pelanggan diharapkan dapat terus berlangsung       expected to continue with unchanged quality and remain excellent.
dengan kualitas tidak berubah dan tetap prima.

Melalui media-media: layanan customer service (jihd@jihd.           Through the media: customer service (jihd@jihd.co.id), hotline
co.id), hotline service, dan email di situs Perseroan dan Entitas   service, and email on the Company’s and Subsidiaries’ websites,
                                                                                                                                             Tata Kelola Perusahaan
                                                                                                                                              Corporate Governance




Anak, para pengguna produk dan pelayanan Perseroan dapat            users of the Company’s products and services can express their
mengungkapkan pengalaman, memberikan masukan maupun                 experiences, provide input and complaints.
keluhan yang dialaminya.

Perseroan akan memberikan tanggapan secepatnya atas seluruh         The Company will respond as soon as possible to all such
aspirasi tersebut dan menindaklanjutinya dengan memberikan          aspirations and follow up by providing better service to each of its
layanan lebih baik atas setiap kebutuhan pelanggannya.              customers’ needs.

Pelibatan Pelanggan                                                 Customer Engagement
Perseroan selalu mengharapkan adanya keterlibatan yang aktif        The Company always expects active involvement from customers
                                                                                                                                             Laporan Keberlanjutan
                                                                                                                                              Sustainability Report




dari para pelanggan karena informasi dari mereka akan digunakan     as their information will be used as evaluation and input for the
sebagai bahan evaluasi dan masukan untuk perbaikan dan              improvement and enhancement of the Company’s products and
peningkatan produk dan layanan dari Perseroan.                      services.

Bagi Perseroan, kepuasan pelanggan atas kualitas produk dan         For the Company, customer satisfaction with the quality of products
pelayanan dari unit-unit usaha Perseroan merupakan hal yang         and services from the Company’s business units is paramount. The
utama. Perseroan akan melakukan pengembangan, pengelolaan           Company will conduct development, management, and services
dan pelayanan yang semakin baik, prima dan berkesinambungan,        that are getting better, excellent, and sustainable, and various



                                                                                                2023 Integrated Annual Report       265
Page 268
PT Jakarta International Hotels & Development Tbk




dan berbagai kemudahan untuk mengakses informasi terbaru                          facilities to access the latest information about the company, its
tentang perusahaan, produk dan jasanya. Dengan berbagai upaya                     products, and services. With various efforts made, it is hoped
yang dilakukan diharapkan dapat terbangun kondusifitas untuk                      that conduciveness can be built to obtain maximum customer
memperoleh kepuasan pelanggan yang maksimal.                                      satisfaction.



                                                        Survei Kepuasan Pelanggan 2023
                                                   Customer Satisfaction Survey in 2023 [OJK F.30]


   Survei Kepuasan Pelanggan dilakukan minimal setahun sekali oleh Entitas Anak Perseroan yang bisnisnya berhubungan langsung dengan masyarakat
   sebagai customer-nya. Dilakukan secara mandiri dan/atau menggunakan vendor. Hasil survei akan menjadi bahan evaluasi untuk meningkatkan
   kualitas produk dan layanan agar sesuai dengan harapan konsumen.
   Customer Satisfaction Surveys are conducted at least once a year by the Company’s Subsidiaries whose business is directly related to the public as its
   customers. Conducted independently and/or using vendors. The survey results will be used as evaluation material to improve the quality of products
   and services to meet consumer expectations.

   Hasil-hasil survei kepuasan pelanggan terhadap Perseroan (Hotel Borobudur Jakarta) dan entitas anak (PT Danayasa Arthatama, PT First Jakarta
   International, PT Artha Telekomindo, PT Pacific Place Jakarta dan PT Adinusa Puripratama) rata-rata menunjukkan tingkat kepuasan terhadap produk
   yang dihasilkan dan layanan yang diberikan.
   The results of customer satisfaction surveys of the Subsidiaries show an average level of satisfaction with the products produced and services provided.


Dukungan     Terhadap   Tujuan    Pembangunan                                     Support for Sustainable Development Goals (SDGs)
Berkelanjutan (TPB) Terkait Pelayanan Terhadap                                    Related to Customer Service
Pelanggan
      Dukungan terhadap SDGs
                                                               Keterangan                                                   Description
         Support for SDGs

                                        Memberlakukan protokol kesehatan kepada tamu, Implementation of health protocols for guests, customers,
                                        pelanggan dan pemangku kepentingan yang hendak and stakeholders who wish to carry out activities in the
                                        berkegiatan di unit-unit usaha Perseroan.      Company's business units.



                                        Memberikan mutu pelayanan terbaik dan setara kepada           Providing the best and equal quality service to customers
                                        pelanggan dengan senantiasa meninjau kualitas fasilitas       by continually reviewing the quality of facilities
                                        yang dimiliki secara berkala, optimalisasi pelayanan, serta   periodically, optimizing services, and developing product
                                        pengembangan inovasi produk dan layanan.                      and service innovations.




266     Laporan Tahunan Terintegrasi 2023
Page 269
                                                                                                            Integrating Excellence for Sustainability




Lembar Umpan Balik




                                                                                                                                                                         Prologue
                                                                                                                                                                          Prolog
Feedback Sheet [OJK G.2]
Terima kasih kepada Bapak/Ibu/Saudara yang telah berkenan membaca                  Thank you for reading the Sustainability Report of PT Jakarta International




                                                                                                                                                                         Performamnce Highlights
Laporan Keberlanjutan PT Jakarta International Hotels & Development                Hotels & Development Tbk Year 2023. To improve the content of the




                                                                                                                                                                              Ikhtisar Kinerja
Tbk Tahun 2023. Untuk meningkatkan isi Laporan Keberlanjutan pada                  Sustainability Report in the coming years, we hope that you will be willing to
tahun-tahun mendatang, kami berharap Bapak/Ibu/Saudara bersedia untuk              fill in this Feedback Sheet by marking one of the answers and filling in the
mengisi Lembar Umpan Balik ini dengan memberi tanda pada salah satu                available points, then sending it to us.
jawaban dan mengisi titik-titik yang tersedia, kemudian mengirimkannya
kepada kami.

Profil Anda (Mohon diisi bila berkenan) | Your Profile (Please fill in the blank)
Nama | Name			                                   :_____________________________________________________________
Institusi/Perusahaan | Institution/Company       :_____________________________________________________________




                                                                                                                                                                         Laporan Manajemen
Email : 				:_____________________________________________________________




                                                                                                                                                                         Management Report
Tel/HP | Phone/Mobile 			                        :_____________________________________________________________

Golongan pemangku kepentingan | Stakeholder group:

  Pemegang Saham | Investor                                            Pelanggan | Customers
  Pemerintah/OJK | The Government/OJK                                  Karyawan | Employee
  Organisasi masyarakat | Community organizations                      Mitra kerja| Partners
  Media massa | Mass media                                             Masyarakat | Community




                                                                                                                                                                         Profil Perusahaan
  Lain-lain | Others :




                                                                                                                                                                          Company Profile
 Bagaimana penilaian Anda mengenai penulisan           Setuju     Tidak Setuju                 Tidak Tahu
                                                                                                                                    How would you rate the report?
 laporan ini?                                          Agree      Disagree                     Don't Know
Laporan ini mudah dimengerti.                                                                                                       This report is easy to understand
Laporan ini bermanfaat.                                                                                                                          This report is useful
Laporan ini sudah menggambarkan kinerja Lembaga Jasa                                                               This report describes the performance of Financial
Keuangan dalam pembangunan berkelanjutan                                                                              Services Institution in sustainable development




                                                                                                                                                                         Analisis dan Pembahasan Manajemen
                                                                                                                                                                          Management Discussion and Analysis
 Bagaimana penilaian Anda mengenai tingkat             Setuju     Tidak Setuju            Tidak Tahu                How would you rate the material aspects of the
 materialitas topik-topik di bawah ini:                Agree      Disagree                Don't Know                                             following topics:
Kinerja ekonomi                                                                                                                               Economic performance
Kinerja operasional                                                                                                                         Operational performance
Kinerja lingkungan                                                                                                                       Environmental performance
Kepatuhan lingkungan                                                                                                                      Environmental compliance
Kenyamanan bekerja                                                                                                                                   Comfort at work
Non diskriminasi dan Hak Asasi Manusia                                                                                          Non-discrimination and human rights
Masyarakat lokal                                                                                                                                    Local community
Kesehatan dan keselamatan pelanggan                                                                                                      Customer health and safety
Pemasaran dan pelabelan                                                                                                                       Marketing and labeling
Ketaatan sosial ekonomi                                                                                                              Socioeconomic compliance


Informasi apa yang paling bermanfaat dari Laporan Keberlanjutan ini?             What information is most useful from this Sustainability Report?




                                                                                                                                                                         Human Capital
                                                                                                                                                                         Human Capital
Informasi apa yang dinilai kurang bermanfaat dari Laporan Keberlanjutan          What information do you consider less useful than this Sustainability
ini?                                                                             Report?
                                                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                                                          Corporate Governance



Informasi apa yang dinilai masih kurang dari Laporan Keberlanjutan ini           What information is missing from this Sustainability Report and needs to
dan perlu ditambahkan pada Laporan Keberlanjutan mendatang?                      be added in future Sustainability Reports?




PT Jakarta International Hotels & Development Tbk tidak mendapatkan                PT Jakarta International Hotels & Development Tbk did not receive any
tanggapan spesifik terkait Laporan Keberlanjutan 2023 untuk perbaikan              specific feedback on the 2023 Sustainability Report for improvement.
laporan. Namun demikian, Perseroan telah menyempurnakan laporan                    However, the Company has improved this report to comply with the
ini agar sesuai dengan panduan POJK No. 51/POJK.03/2017. Perseroan                 guidelines of POJK No. 51/POJK.03/2017. The Company hopes that this
                                                                                                                                                                         Laporan Keberlanjutan




berharap laporan ini dapat menjadi informasi yang berguna bagi para                report can be useful information for stakeholders.
                                                                                                                                                                          Sustainability Report




pemangku kepentingan.

Mohon lembar umpan balik ini dikirimkan ke:                                        Please send this feedback sheet to:


                                                  PT Jakarta International Hotels & Development Tbk
                                                        Gedung Artha Graha Lantai 15/15th Floor
                                                          Sudirman Central Business District
                                                             Jl. Jend. Sudirman Kav. 52-53,
                                                                Jakarta 12190 – Indonesia


                                                                                                                  2023 Integrated Annual Report                 267
Page 270
PT Jakarta International Hotels & Development Tbk




Tanggapan Terhadap Umpan Balik Laporan
Tahun Sebelumnya
Response To The Previous Year’s Report Feedback [OJK G.3]

Perseroan tidak mendapat tanggapan dari para pemangku                         The Company did not receive any responses from stakeholders
kepentingan setelah diterbitkannya Laporan Keberlanjutan tahun                after the publication of the 2022 Sustainability Report. Thus, this
2022. Dengan demikian, dalam laporan ini tidak terdapat informasi             report does not contain specific information on the follow-up
secara spesifik tentang tindak lanjut yang diambil Perseroan atas             taken by the Company on the responses from stakeholders in the
tanggapan dari pemangku kepentingan tahun sebelumnya. Namun                   previous year. However, the Company continued to improve the
demikian, Perseroan terus menyempurnakan kualitas laporan                     quality of the 2023 report so that it meets the guidelines of the GRI
tahun 2023 sehingga memenuhi panduan GRI Universal Standards                  Universal Standards 2021 and POJK No. 51/POJK.03/2017
Tahun 2021 dan POJK No. 51/ POJK.03/2017.



Indeks POJK No. 51/POJK.03/2017
POJK Index No. 51/POJK.03/2017 [OJK G.5]

    Nomor Indeks                                                                                                                   Halaman
                                           Nama Indeks                                         Index Description
    Index Number                                                                                                                    Page

                     Strategi Keberlanjutan                                   Sustainability Strategy
         A.1         Penjelasan Strategi Keberlanjutan                        Sustainability Strategy Statement                      227

                     Ikhtisar Kinerja Keberlanjutan                           Sustainability Performance Highlights
         B.1         Ikhtisar Kinerja Ekonomi                                 Economic Performance Overview                          225
        B.2          Ikhtisar Kinerja Lingkungan Hidup                        Environmental Performance Overview                     226
        B.3          Ikhtisar Kinerja Sosial                                  Social Performance Overview                            226

                     Profl Perusahaan                                         Company Profle
         C.1         Visi, Misi, dan Nilai Keberlanjutan                      Vision, Mission, and Sustainability Values              52
        C.2          Alamat Perusahaan                                        Company Address                                         38
        C.3          Skala Perusahaan                                         Scale of Organization                                   39
        C.3a         Total Aset atau Kapitalisasi Aset, dan Total Kewajiban   Total Assets or Asset Capitalisation and Total          39
                                                                              Liabilites
        C.3b         Jumlah Karyawan menurut Gender, Jabatan, Usia,           Number of Employees by Gender, Position, Age,           39
                     Pendidikan, dan Status                                   Education, and Status
        C.3c         Persentase Kepemilikan Saham                             Percentage of Share Ownership                           38
        C.3d         Wilayah Operasional                                      Operational Area                                        45
        C.4          Produk, Layanan, dan Kegiatan Usaha yang Dijalankan      Products, Services, and Business Activites            43-49
        C.5          Keanggotaan pada Asosiasi                                Membership in the Association                           54
        C.6          Perubahan Organisasi Bersifat Signifikan                 Significant Change in Organisation                      54

                     Penjelasan Direksi                                       Report of the Board of Directors
         D.1         Strategi Pencapaian Target                               Target Achievement Strategy                            27-31

                     Tata Kelola Keberlanjutan                                Sustainability Governance
         E.1         Penanggungjawab Penerapan Keuangan Berkelanjutan Person in Charge of Sustainable Finance                        228
                                                                      Implementation
        E.2          Pengembangan Kompetensi Terkait Keuangan                 Competency Development Related to Sustainable          229
                     Berkelanjutan                                            Finance
        E.3          Penilaian Risiko Atas Penerapan Keuangan                 Risk Assessment on the Sustainable Finance           229-230
                     Berkelanjutan                                            Implementation
        E.4          Hubungan dengan Pemangku Kepentingan                     Relations with Stakeholders                            230
        E.5          Permasalahan Terhadap Penerapan Keuangan                 Issues against the Sustainable Finance                 232
                     Berkelanjutan                                            Implementation




268    Laporan Tahunan Terintegrasi 2023
Page 271
                                                                                               Integrating Excellence for Sustainability




Nomor Indeks                                                                                                                  Halaman
                                   Nama Indeks                                           Index Description




                                                                                                                                               Prologue
Index Number                                                                                                                   Page




                                                                                                                                                Prolog
               Kinerja Keberlanjutan                                   Sustainability Performance
    F.1        Kegiatan Membangun Budaya Keberlanjutan                 Activites to Build a Culture of Sustainability           233




                                                                                                                                               Performamnce Highlights
               Kinerja Ekonomi                                         Economic Performance




                                                                                                                                                    Ikhtisar Kinerja
  F.2-F.3      Perbandingan Target dan Kinerja Produksi, Portofolio,   Comparison of Production Targets and                   234-236
               Target Pembiayaan, atau Investasi, Pendapatan dan       Performance, Portfolios, Financing Targets, or
               Laba Rugi                                               Investments, Income and Proft and Loss

               Kinerja Lingkungan Hidup                                Environmental Performance

               Aspek Umum                                              General Afairs Aspect
    F.4        Biaya Lingkungan Hidup                                  Environmental Costs                                      239




                                                                                                                                               Laporan Manajemen
               Aspek Material                                          Material Aspect




                                                                                                                                               Management Report
    F.5        Penggunaan Material yang Ramah Lingkungan               The Use of Enviromentally Friendly Materials             239

               Aspek Energi                                            Energy Aspect
    F.6        Jumlah dan Intensitas Energi Yang Digunakan             Amount and Intensity of Used Energy                      240
    F.7        Upaya dan Pencapaian Efsiensi Energi dan Penggunaan Efforts and Achievement of Energy Efficiency and             240
               Energi Terbarukan                                   Use of Renewable Energy

               Aspek Air                                               Water Aspect




                                                                                                                                               Profil Perusahaan
                                                                                                                                                Company Profile
    F.8        Penggunaan Air                                          Water Usage                                              242
               Aspek Keanekaragaman Hayati                             Biodiversity Conservation Aspect

    F.9        Dampak dari Wilayah Operasional yang Dekat              Impacts from Operational Areas Near or in                244
               atau Berada di Daerah Konservasi atau Memiliki          Conservation or Biodiversity Areas
               Keanekaragaman Hayati
    F.10       Usaha Konservasi Keanekaragaman Hayati                  Efforts of Biodiversity Conservaton                      244




                                                                                                                                               Analisis dan Pembahasan Manajemen
                                                                                                                                                Management Discussion and Analysis
               Aspek Emisi                                             Emission Aspect
    F.11       Jumlah dan Intensitas Emisi yang Dihasilkan             Amount and Intensity of Produced Emissions by            240
               Berdasarkan Jenisnya                                    Type
    F.12       Upaya dan Pencapaian Pengurangan Emisi yang             Resulting Emissions by Type of Emission                  246
               Dilakukan                                               Reduction Eforts and Achievements Conducted

               Aspek Limbah dan Efluen                                 Waste and Efluent Aspec
    F.13       Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan The Amount of Waste and Effluent Generated by               246
               Jenis                                                Type
    F.14       Mekanisme Pengelolaan Limbah dan Efluen                 Waste and Effluent Management Mechanisms                 247
    F.15       Tumpahan yang Terjadi                                   Spills that Occur                                        249

               Aspek Pengaduan terkait Lingkungan hidup                Complaint Aspect Related to the Environment




                                                                                                                                               Human Capital
    F.16       Jumlah dan Materi Pengaduan Lingkungan Hidup yang Number and Material of Environmental Complaints




                                                                                                                                               Human Capital
                                                                                                                                 251
               Diterima dan Diselesaikan                         Received and Resolved

               Kinerja Sosial                                          Social Performance
    F.17       Komitmen untuk Memberikan Layanan Atas Produk           Commitment to Provide Equal Services for                 266
               dan/atau Jasa yang Setara Kepada Konsumen               Products and/or Services to Customers

               Aspek Ketenagakerjaan                                   Employment Aspect
                                                                                                                                               Tata Kelola Perusahaan


    F.18       Kesetaraan Kesempatan Bekerja                           Equal Opportunity to Work
                                                                                                                                                Corporate Governance



                                                                                                                                 104
    F.19       Tenaga Kerja Anak dan Tenaga Kerja Paksa                Child Labour and Forced Labour                           254
   F.20        Upah Minimum Regional                                   Regional Minimum Wage                                    254
    F.21       Lingkungan Bekerja yang Layak dan Aman                  Decent and Safe Work Environment                         254
   F.22        Pelatihan dan Pengembangan Kemampuan Pegawai            Training and Capacity Building for Employees             259

               Aspek Masyarakat                                        Community Aspect
   F.23        Dampak Operasi terhadap Masyarakat Sekitar              Operational Impacts to the Surrounding                  260-261
                                                                       Communities
                                                                                                                                               Laporan Keberlanjutan
                                                                                                                                                Sustainability Report




   F.24        Pengaduan Masyarakat                                    Public Complaints                                         261
   F.25        Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)        Environmental Social Responsibility Actvites            261-266




                                                                                                        2023 Integrated Annual Report    269
Page 272
PT Jakarta International Hotels & Development Tbk




   Nomor Indeks                                                                                                               Halaman
                                       Nama Indeks                                      Index Description
   Index Number                                                                                                                Page

                  Tanggung Jawab Pengembangan Produk/Jasa               Responsibility for sustainable Product/service
                  Berkelanjutan                                         Development
      F.26        Inovasi dan Pengembangan Produk/Jasa Keuangan         Sustainable Financial Product/Service Innovation       266
                  berkelanjutan                                         and Development
       F.27       Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi Products/Services Safety that have been Evaluated         266
                  Pelanggan                                          for Customers
      F.28        Dampak Produk/Jasa                                    Impacts of Product/Service                             267
      F.29        Jumlah Produk yang Ditarik Kembali                    Number of Recalled Products                            267
      F.30        Survei Kepuasan Pelanggan Terhadap Produk dan/atau Customer Satisfaction Survey of Sustainable               268
                  Jasa Keuangan Berkelanjutan                        Financial Products and/or Services

                  Lain-lain                                             Others
       G.1        Verifikasi Tertulis dari Pihak Independen, Jika Ada   An Affidavit Verificaton by the Independent, If Any    223
       G.2        Lembar Umpan Balik                                    Feedback Sheet                                         269
       G.3        Tanggapan terhadap Umpan Balik Laporan Tahun          Responses to the Preceding Year’s Report               270
                  Sebelumnya                                            Feedback
       G.5        Daftar Pengungkapan sesuai POJK No. 51/               List of Disclosures in accordance with POJK           270-272
                  POJK.03/2017                                          Number 51/POJK.03/2017




270   Laporan Tahunan Terintegrasi 2023
Page 273
                                                                                                      Integrating Excellence for Sustainability




Indeks Konten GRI Standar 2021




                                                                                                                                                         Prologue
                                                                                                                                                          Prolog
GRI Standard Content Index 2021




                                                                                                                                                         Performamnce Highlights
PT Jakarta International Hotels & Development Tbk melaporkan                   PT Jakarta International Hotels & Development Tbk reports the




                                                                                                                                                              Ikhtisar Kinerja
informasi yang dikutip dalam indeks konten GRI ini untuk periode 1             information cited in this GRI content index for the period January 1,
Januari 2023-31 Desember 2023.                                                 2023-December 31, 2023.


    Nomor Indeks                                                                                                                       Halaman
                                            Nama Indeks                                         Index Description
    Index Number                                                                                                                        Page
                      Pengungkapan Umum 2021                                   General Disclosures 2021




                                                                                                                                                         Laporan Manajemen
         2-1




                                                                                                                                                         Management Report
                      Detail Organisasi                                        Organization Details                                       38
        2-2           Entitas yang tercakup dalam pelaporan keberlanjutan      Entities covered by the organization’s                     222
                      organisasi                                               sustainability reporting
        2-3           Periode pelaporan, frekuensi dan titik kontak            Reporting period, frequency and contact points             222
        2-4           Pernyataan ulang informasi                               Restatement of information                                 223
        2-5           Penjaminan eksternal                                     External guarantee                                         223
        2-6




                                                                                                                                                         Profil Perusahaan
                      Kegiatan, rantai nilai, dan hubungan bisnis lainnya      Activities, value chains and other business         38, 39, 43-49, 236




                                                                                                                                                          Company Profile
                                                                               relationships
         2-7          Karyawan                                                 Employee                                                 73,226
        2-8           Pekerja yang bukan karyawan                              Non-Direct Workers                                         108
        2-9           Struktur dan komposisi tata kelola                       Governance structure and composition                       133
        2-10          Nominasi dan seleksi untuk badan tata kelola tertinggi   Nomination and selection for the highest                   117
                                                                               governance body




                                                                                                                                                         Analisis dan Pembahasan Manajemen
                                                                                                                                                          Management Discussion and Analysis
        2-11          Ketua badan tata kelola tertinggi                        Chair of the highest governance body                       147
        2-12          Peran badan tata kelola tertinggi dalam mengawasi        Role of the highest governance body in                     147
                      pengelolaan dampak                                       overseeing impact management
        2-13          Pendelegasian tanggung jawab untuk mengelola             Delegation of responsibility for managing impacts          228
                      dampak
        2-14          Peran badan tata kelola tertinggi dalam pelaporan        The highest governance body’s role in                      228
                      keberlanjutan                                            sustainability reporting
        2-15          Konflik kepentingan                                      Conflict of interest
        2-16          Komunikasi keprihatinan kritis                           Communication of critical concerns
        2-17          Pengetahuan kolektif badan tata kelola tertinggi         The highest governance body’s role in                      229
                                                                               sustainability reporting




                                                                                                                                                         Human Capital
        2-18




                                                                                                                                                         Human Capital
                      Evaluasi kinerja badan tata kelola tertinggi             Performance evaluation of the highest
                                                                               governance body
        2-19          Kebijakan Remunerasi                                     Remuneration policy                                        172
        2-20          Proses penentuan remunerasi                              Remuneration determination process                         172
        2-21          Rasio kompensasi total tahunan                           Annual total compensation ratio                            172
        2-22          Pernyataan tentang strategi pembangunan                  Statement on sustainable development strategy              227
                                                                                                                                                         Tata Kelola Perusahaan
                                                                                                                                                          Corporate Governance



                      berkelanjutan
        2-23          Komitmen kebijakan                                       Policy commitment                                       205-206
        2-24          Komitmen dalam menanamkan kebijakan                      Commitment in embedding policies                           233
        2-25          Proses untuk memulihkan dampak negatif                   Process for remediating negative impacts
        2-26          Mekanisme untuk mencari nasihat dan menyampaikan         Mechanisms for seeking advice and raising
                      kekhawatiran                                             concerns
        2-27          Kepatuhan terhadap hukum dan peraturan                   Compliance with laws and regulations
                                                                                                                                                         Laporan Keberlanjutan




        2-28          Keanggotaan asosiasi                                     Association membership                                     54
                                                                                                                                                          Sustainability Report




        2-29          Pendekatan terhadap keterlibatan pemangku                Approach to Stakeholder engagement                         230
                      kepentingan
        2-30          Perjanjian perundingan kolektif                          Collective bargaining agreement




                                                                                                             2023 Integrated Annual Report         271
Page 274
PT Jakarta International Hotels & Development Tbk




   Nomor Indeks                                                                                                                   Halaman
                                           Nama Indeks                                          Index Description
   Index Number                                                                                                                    Page
                   Topik Material                                             Material Topic

       3-1         Proses untuk menentukan topik material                     Process for determining material topics              223


       3-2         Daftar topik material                                      List of material topics                              223
       3-3         Manajemen topik material                                   Material topic management
                   Pengungkapan Standar Khusus                                Special Standard Disclosures

                   Topik Ekonomi                                              Economic Topic

                   Kinerja Ekonomi                                            Economic Performance

      201-1        Nilai ekonomi langsung yang dihasilkan dan                 Direct economic value generated and distributed      235
                   didistribusikan
      201-2        Implikasi finansial serta risiko dan peluang lain akibat   Financial implications and other risks and
                   dari perubahan iklim                                       opportunities resulting from climate change
      201-3        Kewajiban program pensiun manfaat pasti dan                Obligations of defined benefit pension plans and
                   program pensiun lainnya                                    other pension plans
      201-4        Bantuan finansial yang diterima dari pemerintah            Financial assistance received from the
                                                                              government
                   Praktik Pengadaan                                          Procurement Practice

      204-1        Proporsi pengeluaran untuk pemasok lokal                   Proportion of expenses for local suppliers           225
                   Keberadaan Pasar                                           Market Presence

      202-1        Rasio standar upah karyawan entry-level berdasarkan        Ratios of standard entry level wage by gender        251
                   jenis kelamin terhadap upah minimum regional               compared to local minimum wage
                   Dampak Ekonomi Tidak Langsung                              Indirect Economic Impacts

      203-1        Investasi infrastruktur dan dukungan layanan               Infrastructure investments and services supported
      203-2        Dampak ekonomi tidak langsung yang signifikan              Signifikan indirect economic impacts
                   Anti Korupsi                                               Anti-corruption

      205-1        Penilaian terhadap operasi yang memiliki risiko korupsi Assessment of operations at risk of corruption
      205-2        Komunikasi dan pelatihan terkait kebijakan dan             Communication and training on anti-corruption
                   prosedur antikorupsi                                       policies and procedures
      205-3        Kejadian korupsi dan tindakan yang diambil                 Corruption incidents and actions taken
                   Perilaku Anti Persaingan                                   Anti-competitive behavior

      206-1        Langkah-langkah hukum untuk perilaku anti-                 Legal measures for anti-competitive behavior
                   persaingan, praktik anti-trust dan monopoli
                   Pajak                                                      Tax

      207-1        Pendekatan terhadap pajak                                  Approach to tax
      207-2        Tata kelola, pengendalian, dan manajemen risiko pajak Tax governance, control and risk management
      207-3        Keterlibatan pemangku kepentingan dan pengelolaan          Stakeholder engagement and management of
                   perhatian yang berkaitan dengan pajak                      tax-related concerns
      207-4        Laporan per negara                                         Country report
                   Topik Lingkungan                                           Environmental Topic

                   Material                                                   - Materials

      301-1        Material yang digunakan berdasarkan berat atau             The material used is based on weight or volume       240
                   volume
      301-2        Material input dari daur ulang yang digunakan              Recycled input materials used
      301-3        Produk reclaimed dan material kemasannya                   Reclaimed products and packaging materials




272   Laporan Tahunan Terintegrasi 2023
Page 275
                                                                                                  Integrating Excellence for Sustainability




                                                                                                                                                  Prologue
                                                                                                                                                   Prolog
Nomor Indeks                                                                                                                     Halaman
                                      Nama Indeks                                            Index Description
Index Number                                                                                                                      Page




                                                                                                                                                  Performamnce Highlights
               Energi                                                     Energy




                                                                                                                                                       Ikhtisar Kinerja
   302-1       Konsumsi energi dalam organisasi                           Energy consumption in the organization                   240


   302-2       Konsumsi energi di luar organisasi                         Energy consumption outside the organization
   302-3       Intensitas energi                                          Energy intensity
   302-4       Pengurangan konsumsi energi                                Reduction of energy consumption
   302-5       Pengurangan pada energi yang dibutuhkan pada               Reductions in energy requirements of products




                                                                                                                                                  Laporan Manajemen
               produk dan jasa                                            and services




                                                                                                                                                  Management Report
               Air dan Efluen                                             Water and Effuent

   303-1       Interaksi dengan air sebagai sumber daya bersama           Interaction with water as a shared resource
   303-2       Manajemen dampak yang berkaitan dengan                     Impact management related to water discharge
               pembuangan air
   303-3       Pengambilan air                                            Water intake
   303-4       Pembuangan air                                             Water discharge




                                                                                                                                                  Profil Perusahaan
                                                                                                                                                   Company Profile
   303-5       Konsumsi air                                               Water consumption                                        242
               Keanekaragaman Hayati                                      Biodiversity

   304-1       Lokasi operasional yang dimiliki, disewa, dikelola, atau   Operational sites owned, leased, managed, or
               berdekatan dengan kawasan lindung dan Kawasan              adjacent to protected areas and Areas of high
               dengan nilai keanekaragaman hayati tinggi di luar          biodiversity value outside protected areas
               kawasan lindung




                                                                                                                                                  Analisis dan Pembahasan Manajemen
   304-2




                                                                                                                                                   Management Discussion and Analysis
               Dampak signifikan dari kegiatan, produk, dan jasa          Significant impacts of activities, products and
               pada keanekaragaman hayati                                 services on biodiversity
   304-3       Habitat yang dilindungi atau direstorasi                   Protected or restored habitats                           244
   304-4       Spesies Daftar Merah IUCN dan spesies daftar               IUCN Red List species and national conservation
               konservasi nasional dengan habitat dalam wilayah           list species with habitats within areas affected by
               yang terkena efek operasi                                  operations
               Emisi                                                      Emissions

   305-1       Emisi GRK (Cakupan 1) langsung                             Direct GHG (Scope 1) emissions
   305-2       Emisi energi GRK (Cakupan 2) tidak langsung                Indirect GHG (Scope 2) energy emissions
   305-3       Emisi GRK (Cakupan 3) tidak langsung lainnya               Other indirect GHG (Scope 3) emissions
   305-4       Intensitas emisi GRK                                       GHG emission intensity
   305-5       Reduksi emisi                                              Emission reduction                                       246




                                                                                                                                                  Human Capital
                                                                                                                                                  Human Capital
   305-6       Intensitas emisi GRK                                       GHG emission intensity
   305-7       Pengungkapan Nitrogen oksida (NOX), sulfur oksida          Disclosure of Nitrogen oxides (NOX), sulfur oxides
               (SOX), dan emisi udara yang signifikan lainnya             (SOX), and other significant air emissions
               Limbah                                                     Waste

   306-1       Timbulan limbah dan dampak yang signifikan terkait         Waste generation and significant waste-related           246
                                                                                                                                                  Tata Kelola Perusahaan
                                                                                                                                                   Corporate Governance



               limbah                                                     impacts
   306-2       Pengelolaan dampak yang signifikan terkait limbah          Management of significant impacts related to            247,248
                                                                          waste
   306-3       Timbulan limbah                                            Waste generation
   306-4       Limbah yang dialihkankan dari pembuangan akhir             Waste diverted from final disposal
               Penilaian Lingkungan Pemasok                               Supplier Environmental Assessment

   308-1       Seleksi pemasok baru dengan menggunakan kriteria           Selection of new suppliers using environmental
               lingkungan                                                 criteria
                                                                                                                                                  Laporan Keberlanjutan
                                                                                                                                                   Sustainability Report




   308-2       Dampak lingkungan negatif dalam rantai pasokan dan         Negative environmental impacts in the supply
               tindakan yang telah diambil                                chain and actions taken




                                                                                                           2023 Integrated Annual Report    273
Page 276
PT Jakarta International Hotels & Development Tbk




   Nomor Indeks                                                                                                                 Halaman
                                        Nama Indeks                                           Index Description
   Index Number                                                                                                                  Page
                   Topik Sosial                                             Social Topic

                   Kepegawaian                                              Staffing

      401-1        Perekrutan karyawan baru dan pergantian karyawan         New employee hires and employee turnover
      401-2        Tunjangan yang diberikan kepada karyawan                 Benefits provided to full-time employees that are
                   purnawaktu yang tidak diberikan kepada karyawan          not provided to temporary or part-time employees
                   sementara atau paruh waktu
      401-3        Cuti melahirkan                                          Maternity leave                                      254
                   Kesehatan dan Keselamatan Kerja                          Occupational Health And Safety

      403-1        Sistem manajemen keselamatan dan kesehatan kerja         Occupational health and safety management             257
                                                                            system
      403-2        Identifikasi bahaya, penilaian risiko, dan investigasi   identification, risk assessment and incident        256-257
                   kecelakaan                                               investigation
      403-5        Pelatihan bagi pekerja mengenai keselamatan dan          Training for workers on occupational safety and      258
                   kesehatan kerja                                          health
      403-6        Peningkatan kualitas kesehatan pekerja                   Improvement of workers' health quality              114, 257

                   Pelatihan dan Pendidikan                                 Training and Education

      404-1        Rata-rata jam pelatihan per tahun per karyawan           Average training hours per year per employee
      404-2        Program untuk meningkatkan keterampilan karyawan         Programs to enhance employee skills and
                   dan program bantuan peralihan                            transitional assistance programs
      404-3        Persentase karyawan yang menerima tinjauan rutin         Percentage of employees receiving regular
                   terhadap kinerja dan pengembangan karier                 performance and career development reviews
                   Kebebasan Berserikat dan Perundingan Kolektif            Freedom of Association and Collective
                                                                            Bargaining
                   Pekerja Anak                                             Child Labor

      408-1        Operasi dan pemasok yang berisiko signifikan             Operations and suppliers at significant risk of      254
                   terhadap insiden pekerja anak                            incidents of child labor
                   Kerja Paksa atau Wajib Kerja                             Forced or Compulsory Labor

      409-1        Operasi dan pemasok yang berisiko signifikan             Operations and suppliers at significant risk of      254
                   terhadap insiden kerja paksa atau wajib kerja            incidents of forced or compulsory labor
                   Masyarakat Lokal                                         Local Communities

      413-1        Operasi dengan keterlibatan masyarakat lokal,            Operations with local community engagement,           233
                   penilaian dampak, dan program pengembangan               impact assessments, and development programs
      413-2        Operasi yang secara aktual dan yang berpotensi           Operations that actually and potentially have         233
                   memiliki dampak negatif signifikan terhadap              significant negative impacts on local communities
                   masyarakat lokal
                   Penilaian Sosial Pemasok                                 Supplier Social Assessment

      414-1        Seleksi pemasok baru dengan menggunakan kriteria         Selection of new suppliers using social criteria     236
                   sosial
      414-2        Dampak sosial negatif dalam rantai pasokan dan           Negative social impacts in the supply chain and      236
                   tindakan yang telah diambil                              actions taken




274   Laporan Tahunan Terintegrasi 2023
Page 277
                                                                                            Integrating Excellence for Sustainability




Nomor Indeks                                                                                                              Halaman
                                   Nama Indeks                                        Index Description




                                                                                                                                          Prologue
Index Number                                                                                                               Page




                                                                                                                                           Prolog
               Kesehatan dan Keselamatan Kerja Pelanggan              Customer Occupational Health and Safety

   416-1       Penilaian dampak kesehatan dan keselamatan dari        Health and safety impact assessments of different    253
               berbagai kategori produk dan jasa                      categories of products and services




                                                                                                                                          Performamnce Highlights
   416-2       Insiden ketidakpatuhan sehubungan dengan dampak        Incidents of non-compliance concerning health        253




                                                                                                                                               Ikhtisar Kinerja
               kesehatan dan keselamatan dari produk dan jasa         and safety impacts of products and services
               Pemasaran dan Pelabelan                                Marketing and Labeling

   417-1       Persyaratan untuk pelabelan dan informasi produk       Requirements for labeling and information of         253
               dan jasa                                               products and services
   417-2       Insiden ketidakpatuhan terkait informasi dan pelabelan Incidents of non-compliance related to product       253
               produk dan jasa                                        and service information and labeling




                                                                                                                                          Laporan Manajemen
                                                                                                                                          Management Report
               Privasi Pelanggan                                      Customer Privacy

   418-1       Pengaduan yang berdasar mengenai pelanggaran           Well-founded complaints regarding violations of      261
               terhadap privasi pelanggan dan hilangnya data          customer privacy and loss of customer data
               pelanggan




                                                                                                                                          Profil Perusahaan
                                                                                                                                           Company Profile
                                                                                                                                          Analisis dan Pembahasan Manajemen
                                                                                                                                           Management Discussion and Analysis
                                                                                                                                          Human Capital
                                                                                                                                          Human Capital
                                                                                                                                          Tata Kelola Perusahaan
                                                                                                                                           Corporate Governance
                                                                                                                                          Laporan Keberlanjutan
                                                                                                                                           Sustainability Report




                                                                                                   2023 Integrated Annual Report    275
Page 278
PT Jakarta International Hotels & Development Tbk




276   Laporan Tahunan Terintegrasi 2023
Page 279
                                             Prolog                Ikhtisar Kinerja     Laporan Manajemen   Profil Perusahaan   Analisis dan Pembahasan Manajemen     Human Capital   Tata Kelola Perusahaan   Laporan Keberlanjutan
                                            Prologue          Performamnce Highlights   Management Report    Company Profile     Management Discussion and Analysis   Human Capital    Corporate Governance     Sustainability Report
Integrating Excellence for Sustainability




                                                                                                                                                                                                                                                       277
                             Laporan
                            Keuangan
                                                       Financial Statements




                                                                                                                                                                                                                                                        2023 Integrated Annual Report
                                                                                                                                                                                                                                        Sudirman Central
                                                                                                                                                                                                                                        Business District
Page 280
PT Jakarta International Hotels &
Development Tbk dan Entitas Anak/
and Its Subsidiaries
Laporan Keuangan Konsolidasian/
Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir 31 Desember 2023 dan 2022/
For the Years Ended December 31, 2023 and 2022
Page 281
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk
DAN ENTITAS ANAK/AND ITS SUBSIDIARIES
DAFTAR ISI/TABLE OF CONTENTS



                                                                                             Halaman/
                                                                                               Page

Laporan Auditor Independen/Independent Auditors’ Report

Surat Pernyataan Direksi tentang Tanggung Jawab atas Laporan Keuangan Konsolidasian
PT Jakarta International Hotels & Development Tbk dan Entitas Anak untuk Tahun-tahun yang
Berakhir 31 Desember 2023 dan 2022/
The Directors’ Statement on the Responsibility for Consolidated Financial Statements of
PT Jakarta International Hotels & Development Tbk and Its Subsidiaries for the Years Ended
December 31, 2023 and 2022

LAPORAN KEUANGAN KONSOLIDASIAN – Untuk Tahun-tahun yang Berakhir 31 Desember
  2023 dan 2022/
CONSOLIDATED FINANCIAL STATEMENTS – For the Years Ended December 31, 2023 and
  2022

   Laporan Posisi Keuangan Konsolidasian/Consolidated Statements of Financial Position          1

   Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian/Consolidated
   Statements of Profit or Loss and Other Comprehensive Income                                  3

   Laporan Perubahan Ekuitas Konsolidasian/Consolidated Statements of Changes in Equity         4

   Laporan Arus Kas Konsolidasian/Consolidated Statements of Cash Flows                         5

   Catatan atas Laporan Keuangan Konsolidasian/Notes to Consolidated Financial Statements       6
Page 282

          
Page 283

          
Page 284

          
Page 285

          
Page 286

          
Page 287

          
Page 288

          
Page 289

          
Page 290
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk                                                        PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                              AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                                    Consolidated Statements of Financial Position
31 Desember 2023 dan 2022                                                                                                                 December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah, kecuali Dinyatakan Lain)                          (Figures are Presented in Thousands of Rupiah, unless Otherwise Stated)



                                                                                 Catatan/
                                                                     2023         Notes        2022

ASET                                                                                                            ASSETS

ASET LANCAR                                                                                                     CURRENT ASSETS
  Kas dan setara kas                                            412.934.749         5        324.480.649          Cash and cash equivalents
  Piutang usaha - setelah dikurangi cadangan                                                                      Trade accounts receivable - net of allowance
     kerugian penurunan nilai sebesar Rp 32.069.265                                                                  for impairment of Rp 32,069,265 and
     dan Rp 23.201.423 masing-masing pada                                                                            Rp 23,201,423 as of December 31, 2023
     tanggal 31 Desember 2023 dan 2022                                              6                                and 2022, respectively
        Pihak berelasi                                            7.177.454                    6.563.923                Related parties
        Pihak ketiga                                             38.913.643                   38.383.168                Third parties
  Piutang lain-lain                                                                 7                             Other accounts receivable
     Pihak berelasi                                                 213.777                      155.890             Related parties
     Pihak ketiga                                                12.001.391                   12.018.964             Third parties
  Persediaan                                                     37.369.922         8         38.997.460          Inventories
  Pajak dibayar di muka                                          30.142.083         9         43.906.083          Prepaid taxes
  Biaya dibayar di muka                                          12.929.564        10         12.508.399          Prepaid expenses
  Aset lancar lain-lain                                          17.887.849        15         16.440.260          Other current assets

Jumlah Aset Lancar                                              569.570.432                  493.454.796        Total Current Assets

ASET TIDAK LANCAR                                                                                               NONCURRENT ASSETS
  Piutang lain-lain - setelah dikurangi cadangan
     kerugian penurunan nilai sebesar Rp 13.051.271                                                                Other accounts receivable - net of allowance
     dan Rp 10.392.487 masing-masing pada                                                                             for impairment of Rp 13,051,271 and Rp 10,392,487
     tanggal 31 Desember 2023 dan 2022                                              7                                 as of December 31, 2023 and 2022, respectively
        Pihak berelasi                                               9.484.103                 9.484.103                 Related parties
        Pihak ketiga                                                 4.094.626                 3.053.410                 Third parties
  Persediaan - setelah dikurangi cadangan kerugian                                                                 Inventories - net of allowance for decline
     penurunan nilai sebesar Rp 6.007.600                     2.153.158.086         8       2.125.789.852             in value of Rp 6,007,600
  Biaya dibayar di muka                                           9.307.025        10           9.918.138          Prepaid expenses
  Investasi saham                                               357.820.054        11         356.375.062          Investments in shares of stock
  Aset pengampunan pajak                                          3.062.773        4            3.062.773          Tax amnesty assets
  Aset pajak tangguhan - bersih                                 124.181.349        37         147.456.868          Deferred tax assets - net
  Properti investasi - setelah dikurangi akumulasi                                                                 Investment properties - net of accumulated
     penyusutan sebesar Rp 1.353.664.722 dan                                                                          depreciation of Rp 1,353,664,722 and
     Rp 1.283.106.351 masing-masing pada                                                                              Rp 1,283,106,351 as of December 31, 2023
     tanggal 31 Desember 2023 dan 2022                        1.469.349.139        12       1.531.519.707              and 2022, respectively
  Aset tetap - setelah dikurangi
     akumulasi penyusutan sebesar                                                                                  Property and equipment - net of accumulated
     Rp 2.327.095.444 dan Rp 2.234.188.058                                                                            depreciation of Rp 2,327,095,444 and
     masing-masing pada tanggal                                                                                       Rp 2,234,188,058 as of December 31, 2023
     31 Desember 2023 dan 2022                                  914.892.714        13        935.777.153              and 2022, respectively
  Goodwill                                                       19.255.456        14         19.255.456           Goodwill
  Aset tidak lancar lain-lain                                   895.749.430        15        943.680.354           Other noncurrent assets

Jumlah Aset Tidak Lancar                                      5.960.354.755                 6.085.372.876       Total Noncurrent Assets

JUMLAH ASET                                                   6.529.925.187                 6.578.827.672       TOTAL ASSETS




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                      See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                    which are an integral part of the consolidated financial statements.



                                                                                  -1-
Page 291
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk                                                        PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                              AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                                    Consolidated Statements of Financial Position
31 Desember 2023 dan 2022                                                                                                                 December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah, kecuali Dinyatakan Lain)                          (Figures are Presented in Thousands of Rupiah, unless Otherwise Stated)



                                                                                 Catatan/
                                                                     2023         Notes        2022

LIABILITAS DAN EKUITAS                                                                                          LIABILITIES AND EQUITY

LIABILITAS                                                                                                      LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                        CURRENT LIABILITIES
   Utang bank jangka pendek                                      95.000.000        16                  -          Short-term bank loans
   Utang obligasi                                                 6.000.000        17          6.000.000          Bonds payable
   Utang usaha                                                                     18                             Trade accounts payable
      Pihak berelasi                                                337.949                    1.401.822             Related parties
      Pihak ketiga                                               70.896.295                   63.796.060             Third parties
   Utang pajak                                                   30.824.843        19         27.186.153          Taxes payable
   Beban akrual                                                  88.004.022        20        124.760.993          Accrued expenses
   Pendapatan diterima di muka                                  114.394.803        22        117.373.952          Unearned revenues
   Cadangan untuk penggantian peralatan usaha                    16.405.484                   14.806.016          Reserve for replacement of operating equipment
   Bagian liabilitas jangka panjang - yang akan
      jatuh tempo dalam waktu satu tahun                                                                           Current portion of long-term liabilities
          Utang bank jangka panjang                              16.763.842        27         10.925.360             Long-term bank loans
          Liabilitas sewa                                         1.831.437        21          1.689.351             Lease liabilities
   Liabilitas jangka pendek lain-lain                           388.295.007        26        401.179.684           Other current liabilities

Jumlah Liabilitas Jangka Pendek                                 828.753.682                  769.119.391        Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                                       NONCURRENT LIABILITIES
   Utang pihak berelasi                                              3.148.766     23          4.939.056          Due to related parties
   Liabilitas pajak tangguhan - bersih                               1.012.470     37          6.659.154          Deferred tax liabilities - net
   Taksiran liabilitas untuk pembangunan                                                                          Estimated liability for infrastructure
      prasarana, fasilitas umum dan sosial                      142.821.007        24        142.821.007            development, public and social facilities
   Liabilitas imbalan kerja jangka panjang                       76.616.072        36         72.147.912          Long-term employee benefits liability
   Pendapatan diterima di muka - setelah dikurangi
      bagian yang direalisasi dalam satu tahun                   11.286.496        22          8.230.790           Unearned revenues - net of current portion
   Pendapatan ditangguhkan                                        7.618.438        25          7.618.438           Deferred revenues
   Liabilitas jangka panjang - setelah dikurangi
      bagian yang jatuh tempo dalam satu tahun                                                                     Long-term liabilities - net of current portion
          Utang bank jangka panjang                             146.772.385        27        252.372.157             Long-term bank loans
          Liabilitas sewa                                         3.248.564        21            647.692             Lease liabilities
   Liabilitas jangka panjang lain-lain                          582.282.982        26        588.416.719           Other noncurrent liabilities

Jumlah Liabilitas Jangka Panjang                                974.807.180                 1.083.852.925       Total Noncurrent Liabilities

Jumlah Liabilitas                                             1.803.560.862                 1.852.972.316       Total Liabilities

EKUITAS                                                                                                         EQUITY

Ekuitas yang Dapat Diatribusikan kepada                                                                         Equity Attributable to Owners of
  Pemilik Entitas Induk                                                                                           the Parent Company
  Modal saham - nilai nominal Rp 500                                                                              Capital stock - Rp 500 (in full Rupiah) par value
     (dalam Rupiah penuh) per saham                                                                                  per share
     Modal dasar - 3.000.000.000 saham                                                                               Authorized - 3,000,000,000 shares
     Modal ditempatkan dan disetor penuh -
        2.329.040.482 saham                                   1.164.520.241        29       1.164.520.241             Issued and fully paid - 2,329,040,482 shares
  Tambahan modal disetor - bersih                               655.921.361        30         655.921.361          Additional paid-in capital - net
  Selisih nilai transaksi dengan kepentingan                                                                       Difference in value arising from transactions
     nonpengendali                                              388.264.369                  388.264.369              with non-controlling interests
                                                                                                                   Exchange difference arising from financial
  Selisih kurs penjabaran laporan keuangan                                4                             4             statements translation
  Saldo laba                                                  1.363.661.970                 1.313.119.930          Retained earnings

  Jumlah                                                      3.572.367.945                 3.521.825.905          Total

Kepentingan Nonpengendali                                     1.153.996.380        31       1.204.029.451       Non-controlling Interests

Jumlah Ekuitas                                                4.726.364.325                 4.725.855.356       Total Equity

JUMLAH LIABILITAS DAN EKUITAS                                 6.529.925.187                 6.578.827.672       TOTAL LIABILITIES AND EQUITY




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                      See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                    which are an integral part of the consolidated financial statements.


                                                                                  -2-
Page 292
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk                                                           PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                   AND ITS SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian                              Consolidated Statements of Profit or Loss and Other Comprehensive Income
Untuk Tahun-tahun yang Berakhir 31 Desember 2023 dan 2022                                                                For the Years Ended December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah, kecuali Dinyatakan Lain)                             (Figures are Presented in Thousands of Rupiah, unless Otherwise Stated)



                                                                                    Catatan/
                                                                       2023          Notes               2022

PENDAPATAN USAHA                                                1.465.917.923         32             1.266.978.042          REVENUES

BEBAN POKOK PENJUALAN                                                316.768.271      33              294.150.586           COST OF REVENUES

LABA KOTOR                                                      1.149.149.652                         972.827.456           GROSS PROFIT

BEBAN USAHA                                                                                                                 OPERATING EXPENSES
Penjualan                                                             27.603.557                       19.219.047           Selling
Umum dan administrasi                                                994.352.892      34              892.059.891           General and administrative
Pajak final                                                           77.532.252                       69.375.336           Final tax

Jumlah Beban Usaha                                              1.099.488.701                         980.654.274           Total Operating Expenses

LABA (RUGI) USAHA                                                     49.660.951                        (7.826.818)         INCOME (LOSS) FROM OPERATIONS

PENGHASILAN (BEBAN) LAIN-LAIN                                                                                               OTHER INCOME (EXPENSES)
Pendapatan sewa dan pengelolaan kawasan                              206.523.270      35              183.077.812           Revenues from rental and estate management
Pendapatan bunga                                                      10.447.734                        6.519.513           Interest income
Bagian laba entitas asosiasi dan                                                                                            Share in net income of associates and
   ventura bersama                                                     1.446.412      11                   670.713             joint ventures
Kerugian selisih kurs mata uang asing - bersih                          (404.294)                         (278.278)         Loss on foreign exchange - net
Kerugian penurunan nilai - bersih                                    (11.526.626)                       (2.419.793)         Provision for impairment - net
Beban bunga dan beban keuangan lainnya                               (19.957.395)                      (33.953.943)         Interest expense and other financial charges
Lain-lain - bersih                                                     7.743.468                         4.265.713          Others - net

Penghasilan Lain-lain - Bersih                                       194.272.569                      157.881.737           Other Income - Net

LABA SEBELUM PAJAK                                                   243.933.520                      150.054.919           PROFIT BEFORE TAX

BEBAN PAJAK                                                                               37                                TAX EXPENSE
Pajak kini                                                            12.059.689                        11.169.751          Current tax
Pajak tangguhan                                                       17.749.314                         6.309.784          Deferred tax

Beban Pajak - Bersih                                                  29.809.003                        17.479.535          Tax Expense - Net

LABA TAHUN BERJALAN                                                  214.124.517                      132.575.384           PROFIT FOR THE YEAR

PENGHASILAN (RUGI) KOMPREHENSIF LAIN                                                                                        OTHER COMPREHENSIVE INCOME (LOSS)
                                                                                                                            Item that will not be reclassified
Pos yang tidak akan direklasifikasi ke laba rugi:                                                                              subsequently to profit and loss:
  Pengukuran kembali liabilitas imbalan pasti                         (1.907.332)     36                16.892.141             Remeasurement of defined benefit liability
  Pajak sehubungan dengan pos yang tidak                                                                                       Tax relating to items that will not be
     akan direklasifikasi                                               120.479       37                (3.211.718)               reclassified
  Bagian rugi komprehensif lain dari entitas                                                                                   Equity accounted investee - share of
      asosiasi yang dicatat dengan metode ekuitas                         (1.420)     11                    (1.199)               other comprehensive loss

Jumlah Penghasilan (Rugi) Komprehensif Lain-                                                                                Total Other Comprehensive Income (Loss)-
  Setelah Pajak                                                       (1.788.273)                       13.679.224            Net of Tax

JUMLAH PENGHASILAN KOMPREHENSIF                                      212.336.244                      146.254.608           TOTAL COMPREHENSIVE INCOME

LABA TAHUN BERJALAN YANG DAPAT                                                                                              PROFIT FOR THE YEAR
  DIATRIBUSIKAN KEPADA:                                                                                                       ATTRIBUTABLE TO:
  Pemilik Entitas Induk                                               52.589.424                        3.871.071             Owners of the Parent Company
  Kepentingan nonpengendali                                          161.535.093                      128.704.313             Non-controlling interests

  Jumlah                                                             214.124.517                      132.575.384              Total

JUMLAH PENGHASILAN KOMPREHENSIF                                                                                             TOTAL COMPREHENSIVE INCOME
  YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                            ATTRIBUTABLE TO:
  Pemilik Entitas Induk                                               50.542.040                       13.619.259             Owners of the Parent Company
  Kepentingan nonpengendali                                          161.794.204      31              132.635.349             Non-controlling interests

  Jumlah                                                             212.336.244                      146.254.608              Total

LABA PER SAHAM                                                                                                              EARNINGS PER SHARE
  (dalam Rupiah penuh)                                                     22,58      38                        1,66          (in full Rupiah)




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                                See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                              which are an integral part of the consolidated financial statements.


                                                                                    -3-
Page 293
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                                                                       PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian                                                                                                                                                                                       Consolidated Statements of Changes in Equity
Untuk Tahun-tahun yang Berakhir 31 Desember 2023 dan 2022                                                                                                                                                                  For the Years Ended December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah, kecuali Dinyatakan Lain)                                                                                                                               (Figures are Presented in Thousands of Rupiah, unless Otherwise Stated)




                                                                                               Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/
                                                                                                    Equity Attributable to Owners of the Parent Company
                                                                                                                Selisih Nilai        Selisih Kurs
                                                                                                            Transaksi dengan         Penjabaran
                                                                                                               Kepentingan             Laporan
                                                                       Modal saham       Tambahan            Nonpengendali/           Keuangan/
                                                                     Ditempatkan dan   Modal Disetor -     Difference in Value        Exchange
                                                                      Disetor Penuh/      Bersih/              Arising from        Difference from                                        Kepentingan             Jumlah
                                                                        Issued and       Additional         Transactions with         Financial                                          Nonpengendali/           Ekuitas/
                                                         Catatan/        Fully Paid       Paid-in            Noncontrolling          Statements        Saldo Laba/        Jumlah/        Non-controlling           Total
                                                          Notes       Capital Stock     Capital - Net            Interests           Translation    Retained Earnings      Total            Interests             Equity



Saldo pada tanggal 1 Januari 2022                                      1.164.520.241      655.921.361             388.264.369                 4        1.299.500.671    3.508.206.646      1.265.054.102       4.773.260.748       Balance as of January 1, 2022

Penghasilan komprehensif                                                                                                                                                                                                           Comprehensive income
   Laba tahun berjalan                                                             -                -                        -                -            3.871.071       3.871.071        128.704.313          132.575.384         Profit for the year
   Penghasilan komprehensif lain                                                                                                                                                                                                     Other comprehensive income
      Pengukuran kembali liabilitas imbalan                                                                                                                                                                                             Remeasurement of defined benefit
          pasti - bersih                                   36,37                                                             -                -            9.749.387       9.749.387           3.931.036           13.680.423              liability - net
      Bagian rugi komprehensif lain dari                                           -                -
          entitas asosiasi yang dicatat dengan                                                                                                                                                                                          Equity accounted investee - share of
          metode ekuitas                                    11                     -                -                        -                -               (1.199)          (1.199)                 -                (1.199)           other comprehensive loss

Jumlah penghasilan komprehensif                                                    -                -                        -                -           13.619.259      13.619.259        132.635.349          146.254.608       Total comprehensive income

Dividen tunai entitas anak kepada                                                                                                                                                                                                  Cash dividends of subsidiaries paid
   kepentingan nonpengendali                                                       -                -                        -                -                    -                -       (193.660.000)        (193.660.000)       to non-controlling interest

Saldo pada tanggal 31 Desember 2022                                    1.164.520.241      655.921.361             388.264.369                 4        1.313.119.930    3.521.825.905      1.204.029.451       4.725.855.356       Balance as of December 31, 2022

Penghasilan komprehensif                                                                                                                                                                                                           Comprehensive income
   Laba tahun berjalan                                                             -                -                        -                -           52.589.424      52.589.424        161.535.093          214.124.517         Profit for the year
   Penghasilan (rugi) komprehensif lain                                                                                                                                                                                              Other comprehensive income (loss)
      Pengukuran kembali liabilitas imbalan                                                                                                                                                                                             Remeasurement of defined benefit
          pasti - bersih                                   36,37                   -                -                        -                -           (2.045.964)      (2.045.964)          259.111            (1.786.853)             liability - net
      Bagian rugi komprehensif lain dari
          entitas asosiasi yang dicatat dengan                                                                                                                                                                                          Equity accounted investee - share of
          metode ekuitas                                    11                     -                -                        -                -               (1.420)          (1.420)                 -                (1.420)           other comprehensive loss

Jumlah penghasilan komprehensif                                                    -                -                        -                -           50.542.040      50.542.040        161.794.204          212.336.244       Total comprehensive income

Dividen tunai entitas anak kepada                                                                                                                                                                                                  Cash dividends of subsidiaries paid
   kepentingan nonpengendali                                                       -                -                        -                -                    -                -       (211.827.275)        (211.827.275)       to non-controlling interest

Saldo pada tanggal 31 Desember 2023                                    1.164.520.241      655.921.361             388.264.369                 4        1.363.661.970    3.572.367.945      1.153.996.380       4.726.364.325       Balance as of December 31, 2023




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                                                                                                                            See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                                                                                                                          which are an integral part of the consolidated financial statements.




                                                                                                                                   -4-
Page 294
PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk                                            PT JAKARTA INTERNATIONAL HOTELS & DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                 AND ITS SUBSIDIARIES
Laporan Arus Kas Konsolidasian                                                                                   Consolidated Statements of Cash Flows
Untuk Tahun-tahun yang Berakhir 31 Desember 2023 dan 2022                                              For the Years Ended December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                       unless Otherwise Stated)



                                                             2023                    2022


ARUS KAS DARI AKTIVITAS OPERASI                                                                       CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari pelanggan                            1.663.088.554           1.451.089.592        Cash receipts from customers
Pembayaran kas untuk/kepada pemasok, karyawan
  dan lainnya                                           (1.131.959.661)          (1.022.901.108)      Cash paid for/to suppliers, employees and others
Penerimaan setoran jaminan                                     243.351               8.278.009        Security deposits received

Kas Bersih Diperoleh dari Operasi                          531.372.244             436.466.493        Net Cash Generated from Operations
Penerimaan restitusi pajak penghasilan                         433.822               4.279.937        Income tax restitution
Pembayaran pajak penghasilan                               (11.857.202)            (11.444.359)       Income taxes paid
Pembayaran pajak final                                     (77.603.090)            (69.989.283)       Final income tax paid

Kas Bersih Diperoleh dari Aktivitas Operasi                442.345.774             359.312.788        Net Cash Provided by Operating Activities


ARUS KAS DARI AKTIVITAS INVESTASI                                                                     CASH FLOWS FROM INVESTING ACTIVITIES
Penambahan uang muka                                                  -              (6.897.211)      Payment of advance
Penerimaan bunga                                            10.342.477               6.614.604        Interest received
Penurunan (kenaikan) aset lain-lain - bersih                 8.468.309             (27.825.256)       Decrease (increase) in other assets - net
Hasil penjualan aset tetap                                      22.500                 294.800        Proceeds from sale of property and equipment
Perolehan properti investasi                                 (8.387.803)           (32.246.047)       Acquisition of investment properties
Perolehan aset tetap                                       (85.578.970)            (71.006.357)       Acquisition of property and equipment

Kas Bersih Digunakan untuk Aktivitas Investasi             (75.133.487)           (131.065.467)       Net Cash Used in Investing Activities


ARUS KAS DARI AKTIVITAS PENDANAAN                                                                     CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan:                                                                                           Proceeds from:
  Utang bank jangka pendek                                  95.000.000                        -          Short-term bank loans
  Utang pihak berelasi                                                -                895.145           Due to related parties
Pembayaran:                                                                                           Payments of:
  Utang pihak berelasi                                       (1.790.290)                      -          Due to related parties
  Liabilitas sewa                                            (2.471.565)             (2.227.017)         Lease liabilities
  Bunga dan beban keuangan lainnya                         (59.946.313)            (11.048.059)          Interest and other financial charges
  Utang bank jangka panjang                               (100.635.000)              (9.100.000)         Long-term bank loans
  Dividen entitas anak kepada kepentingan                                                                Dividends by subsidiaries to
     nonpengendali                                        (207.480.000)           (188.080.000)             non-controlling interest

Kas Bersih Digunakan untuk Aktivitas Pendanaan            (277.323.168)           (209.559.931)       Net Cash Used in Financing Activities

                                                                                                      NET INCREASE IN CASH
KENAIKAN BERSIH KAS DAN SETARA KAS                          89.889.119              18.687.390           AND CASH EQUIVALENTS
                                                                                                      CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN                              324.480.649             299.602.293           AT THE BEGINNING OF THE YEAR
Pengaruh perubahan kurs mata uang asing                      (1.435.019)             6.190.966        Effect of foreign exchange rate changes

                                                                                                      CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AKHIR TAHUN                             412.934.749             324.480.649           AT THE END OF THE YEAR




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                             See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                           which are an integral part of the consolidated financial statements.

                                                                           -5-
Page 295
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


1.   Umum                                                      1.    General

     a.   Pendirian dan Informasi Umum                               a.   Establishment and General Information

          PT    Jakarta     International Hotels   &                      PT Jakarta International Hotels &
          Development Tbk (Perusahaan) didirikan                          Development Tbk (the Company) was
          pada tanggal 7 November 1969 dalam                              established on November 7, 1969
          rangka Undang-Undang Penanaman Modal                            within the framework of the Foreign Capital
          Asing No. 1/1967 berdasarkan Akta No. 5                         Investment Law No. 1 of 1967 based
          tanggal 7 November 1969 dari Soetrono                           on the Notarial Deed No. 5 dated
          Prawiroatmodjo, S.H., notaris di Jakarta,                       November        7,   1969      of   Soetrono
          yang kemudian diubah dengan Akta No. 42                         Prawiroatmodjo, S.H., public notary in
          tanggal 27 Januari 1970 dari notaris yang                       Jakarta, as amended by Notarial Deed
          sama. Akta tersebut telah diumumkan                             No. 42 dated January 27, 1970, of the
          dalam Berita Negara Republik Indonesia                          same notary. The Deed of Establishment
          No. 54 tanggal 7 Juli 1970, Tambahan                            was published in the State Gazette of the
          No. 214. Anggaran Dasar Perusahaan telah                        Republic of Indonesia No. 54 dated
          mengalami beberapa kali perubahan                               July 7, 1970, Supplement No. 214. The
          terakhir dengan Akta No. 25 tanggal                             Company’s Articles of Association have
          20 Juli 2023 dari M. Nova Faisal, S.H.,                         been amended several times, the latest
          M.Kn., notaris di Jakarta, penyesuaian                          amendment of which was covered by
          maksud, tujuan serta kegiatan usaha                             Notarial Deed No. 25 dated July 20, 2023 of
          Perusahaan sesuai dengan Klasifikasi Baku                       M. Nova Faisal, S.H., M.Kn., public notary
          Lapangan Usaha Indonesia (KBLI) 2020,                           in Jakarta in relation to adjustment of the
          serta perubahan beberapa ketentuan pasal                        purposes, objectives and business activities
          Anggaran Dasar Perusahaan dalam rangka                          of the Company in accordance with the
          penyesuaian dengan Peraturan Otoritas                           2020      Indonesia     Standard    Industrial
          Jasa Keuangan. Perubahan Anggaran                               Classification (KBLI), and changes to
          Dasar tersebut telah disetujui oleh Menteri                     several provisions of the Company’s
          Hukum dan Hak Asasi Manusia Republik                            Articles of Association in order to adapt to
          Indonesia    dengan       Surat  Keputusan                      the      Financial      Services    Authority
          No. AHU-0042363.AH.01.02.Tahun 2023                             Regulations. This amendment has been
          tanggal 24 Juli 2023.                                           approved by the Ministry of Law and
                                                                          Human Rights of the Republic of
                                                                          Indonesia      in   its    Decision    Letter
                                                                          No. AHU-0042363.AH.01.02.Tahun 2023
                                                                          dated July 24, 2023.

          Sesuai dengan pasal 3 Anggaran Dasar                            In accordance with article 3 of the
          Perusahaan,      maksud      dan     tujuan                     Company's Articles of Association, the
          Perusahaan adalah menjalankan usaha di                          purposes and objectives of the Company is
          bidang jasa akomodasi hotel dan pusat                           to conduct business in hotel services and
          niaga beserta fasilitas-fasilitasnya, real                      commercial centers and its facilities, real
          estat dan konstruksi, dimana ruang lingkup                      estate and construction, where the scope of
          kegiatan Perusahaan meliputi hotel bintang,                     its activities includes conduct business in
          restoran, bar, apartemen hotel dan aktivitas                    star hotels, restaurants, bars, hotel
          konsultansi pariwisata. Perusahaan adalah                       apartments,      and    tourism  consulting
          pemilik Hotel Borobudur Jakarta (Hotel)                         activities. The Company is the owner of
          yang dikelola oleh PT Dharma Harapan                            Hotel Borobudur Jakarta (the Hotel) which
          Raya.                                                           is being managed by PT Dharma Harapan
                                                                          Raya.

          Perusahaan memulai kegiatan operasi                             The      Company       started commercial
          komersilnya pada tahun 1974. Kantor pusat                       operations in 1974. The Company's head
          Perusahaan berkedudukan di Gedung Artha                         office is located at Artha Graha Building -
          Graha - Lantai 15, Kawasan Niaga Terpadu                        15th Floor, Sudirman Central Business
          Sudirman (KNTS), Jalan Jenderal Sudirman                        District (SCBD), Jalan Jenderal Sudirman
          Kav. 52 - 53, Jakarta.                                          Kav. 52 - 53, Jakarta.




                                                         -6-
Page 296
PT JAKARTA INTERNATIONAL HOTELS &                                                                              PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                            DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                     For the Years Ended
31 Desember 2023 dan 2022                                                                                                   December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                       unless Otherwise Stated)


         Dalam laporan keuangan konsolidasian,                                                                       In the consolidated financial statements, the
         Perusahaan dan entitas anak secara                                                                          Company and its subsidiaries are
         bersama-sama disebut sebagai “Grup”.                                                                        collectively referred to as “the Group”.

    b.   Penawaran Umum Efek Perusahaan                                                                    b.        Public Offering of the Company's Shares

         Pada tanggal 31 Desember 2023 dan 2022,                                                                     As of December 31, 2023 and 2022, all of
         seluruh     saham      Perusahaan      yang                                                                 the Company’s fully paid and issued shares
         ditempatkan dan disetor penuh berjumlah                                                                     totaling to 2,329,040,482 shares are listed
         2.329.040.482 saham telah dicatatkan pada                                                                   on the Indonesia Stock Exchange.
         Bursa Efek Indonesia. Informasi historis                                                                    The historical information regarding the
         mengenai      saham     Perusahaan     yang                                                                 shares listing follows:
         dicatatkan di bursa adalah sebagai berikut:

          Tahun/                                                                                  Jumlah Saham/
           Year                                     Keterangan                                   Number of Shares                                      Description

         1984               Penawaran Umum Saham Perdana                                                   6.618.600            Initial Public Offering
         1988               Penawaran Umum Saham Kedua                                                     6.633.700            Second Public Offering
         1989               Pencatatan Saham Pendiri                                                      11.315.700            Listing of Founders' Shares
         1991               Pencatatan Saham Private Placement                                               432.000            Listing of Private Placement of Shares
         1992               Pencatatan Saham Pendiri                                                      56.869.280            Listing of Founders' Shares
         1992               Pencatatan Saham yang berasal dari
                             Penukaran Waran                                                              46.800.000            Listing of Shares Converted from Warrants
         1994               Pencatatan Saham Bonus                                                       257.338.560            Listing of Bonus Shares
         1996               Penawaran Umum Terbatas I                                                    579.011.760            Rights Issue I
         2004               Pemecahan Nilai Nominal Saham                                                965.019.600            Stock Split
         2011               Penambahan Modal Tanpa Hak Memesan                                                                  Additional Capital Stock without
                             Efek Terlebih Dahulu                                                        399.001.282               Pre-emptive Rights

                            Jumlah                                                                      2.329.040.482           Total

    c.   Entitas Anak yang Dikonsolidasikan                                                                c.        Consolidated Subsidiaries

         Pada tanggal 31 Desember 2023 dan 2022,                                                                     As of December 31, 2023 and 2022, the
         Perusahaan memiliki penyertaan saham,                                                                       Company has ownership interest, directly or
         langsung atau tidak langsung, dalam entitas                                                                 indirectly, in the following subsidiaries:
         anak berikut:

                                                                                                    Tahun Berdiri/      Persentase Kepemilikan/                Jumlah Aset sebelum Eliminasi/
                        Entitas Anak/                   Domisili/          Bidang Usaha/               Year of          Percentage of Ownership                Total Assets before Elimination
                         Subsidiary                     Domicile         Scope of Activities        Establishment          2023 dan/and 2022                    2023                  2022

         Pemilikan Langsung/Direct Ownership
         PT Danayasa Arthatama (DA)                    Jakarta      Real estat/Real estate                1987                     82,41                  5.939.795.425           5.890.779.672
         PT Panduneka Sejahtera (PS)                   Jakarta      Pembangunan dan pengelolaan           1995                     99,99                    132.740.766             139.375.171
                                                                    gedung perkantoran/
                                                                    Office building development
                                                                    and management
         PT Dharma Harapan Raya (DHR)                  Jakarta      Jasa manajemen perhotelan/            1998                     60,00                       20.195.418            15.958.049
                                                                    Hotel management services
         PT Jakarta International Hotels               Jakarta      Jasa manajemen perhotelan/            1992                     90,00                                 -                       -
           Management (JIHM) *)                                     Hotel management services

         Pemilikan Tidak Langsung/Indirect
          Ownership
         Melalui DA /                                  Jakarta      Telekomunikasi, real            lihat penyertaan saham DA pada entitas anak/
         Through DA                                                 estat, properti, hotel          see DA's investments in shares of stocks of subsidiaries
                                                                    dan perdagangan/
                                                                    Telecommunications, real
                                                                    estate, property, hotel
                                                                    and trading

         *) dihentikan sementara kegiatannya sehubungan dengan berdirinya DHR/
            the commercial operations have temporarily ceased in relation to the establishment of DHR




                                                                                        -7-
Page 297
PT JAKARTA INTERNATIONAL HOTELS &                                                                                                  PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                                                DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                         For the Years Ended
31 Desember 2023 dan 2022                                                                                                                       December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                                                  (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                                           unless Otherwise Stated)


         Pada tanggal 31 Desember 2023 dan 2022,                                                                                            As of December 31, 2023 and 2022,
         DA memiliki penyertaan saham pada                                                                                                  DA has ownership interests in the following
         perusahaan-perusahaan berikut:                                                                                                     companies:
                                                                                                                                               Tahun
                                                                                                                                               Berdiri/     Persentase Kepemilikan/    Jumlah Aset sebelum Eliminasi/
                            Entitas Anak/                          Domisili/                             Bidang Usaha/                         Year of      Percentage of Ownership   Total Assets before Elimination
                            Subsidiary                             Domicile                            Scope of Activities                  Establishment     2023 dan/and 2022          2023                2022


         Pemilikan Langsung/Direct Ownership


         PT Artharaya Bintang Semesta (ABS)                  Jakarta                  Penyertaan saham/Holding Company                          2016                63,64             1.204.059.670       1.261.487.964
         PT Adinusa Puripratama (AP)                         Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00              889.337.058         899.575.546
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Grahamas Adisentosa (GA) *)                      Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00             655.221.395         648.612.223
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Artha Telekomindo (AT)                           Jakarta                  Telekomunikasi/Telecommunication                          1993                100,00             392.665.133         357.189.697
         PT Intigraha Arthayasa (IA) *)                      Jakarta                  Perhotelan, pariwisata dan kegiatan yang berkaitan/       1995                100,00             321.499.306         321.538.566
                                                                                      Hotel, tourism and related activities
         PT Artharaya Unggul Abadi (AUA) *)                  Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00             152.633.401         152.633.401
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Grahaputra Sentosa (GPS) *)                      Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00             141.175.597         149.303.243
                                                                                        kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                        related activities
         PT Pandugraha Sejahtera (PGS) *)                    Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00             112.081.943         112.081.943
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Majumakmur Arthasentosa (MAS) *)                 Jakarta                  Pengembangan hotel dan apartemen/                         1995                 51,00             107.498.731         108.001.629
                                                                                      Development of hotel and apartments
         PT Nusagraha Adicitra (NA) *)                       Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00             100.335.923         100.204.885
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Citra Wiradaya (CW)                              Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00              98.323.954           96.651.955
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Panduneka Abadi (PA) *)                          Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                100,00              69.085.472           69.085.472
                                                                                       kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                       related activities
         PT Andana Utamagraha (AU)                           Jakarta                  Pengembangan apartemen/                                   1995                 51,00              18.051.837           19.716.320
                                                                                      Development of apartments
         PT Trinusa Wiragraha (TW) *)                        Jakarta                  Perdagangan/Trading                                       1995                 99,20               3.079.421            3.079.421
         PT Esagraha Puripratama (EP) *)                     Jakarta                  Perdagangan/Trading                                       1995                 99,92                 249.000              249.000
         PT Pusatgraha Makmur (PGM) *)                       Jakarta                  Perdagangan/Trading                                       1994                 99,60                  49.500               49.500
         PT Primagraha Majumakmur (PGMM) *)                  Jakarta                  Pengembangan real estat dan agen pemasaran                1993                100,00                  37.598               37.598
                                                                                       apartemen/
                                                                                      Development of real estate and marketing agent for
                                                                                       apartment building
         PT Adimas Utama (AMU) *)                            Jakarta                  Perdagangan/Trading                                       1995                 99,20                  18.200               18.200
         PT Citra Adisarana (CA)                             Jakarta                  Pembangunan dan pengelolaan hotel serta                   1995                 99,99                        -                     -
                                                                                       gedung perkantoran/
                                                                                      Hotel construction and management, and
                                                                                       office building management
         Ace Equity Holdings Limited (ACE)                   British Virgin Islands   Penyertaan saham/                                         2012                100,00                        -                     -
                                                                                      Holding Company

         Pemilikan Langsung oleh Entitas Anak/
         Direct Ownership of Subsidiaries


         PT Pacific Place Jakarta (PPJ)                      Jakarta                  Pengembangan dan pengelolaan hotel, pusat                 1995                 55,00            1.157.773.176       1.227.305.665
             (oleh ABS/by ABS)                                                          perbelanjaan, apartemen dan gedung kantor/
                                                                                      Development and management of hotel, shopping
                                                                                       center, apartment and office building
         PT Graha Sampoerna (GS) (oleh PPJ/by PPJ )          Jakarta                  Pembangunan dan pengelolaan gedung serta                  1995                 99,67               4.216.549            4.711.777
                                                                                        kegiatan yang berkaitan/
                                                                                      Building construction and management, and
                                                                                        related activities


         *)   Entitas anak belum beroperasi komersial/Subsidiaries are not yet in commercial operation.




                                                                                                          -8-
Page 298
PT JAKARTA INTERNATIONAL HOTELS &                                                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                               For the Years Ended
31 Desember 2023 dan 2022                                                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                 unless Otherwise Stated)


         Informasi keuangan entitas anak yang                                                                 Financial information of subsidiaries
         dimiliki oleh kepentingan nonpengendali                                                              that have material non-controlling interests
         dalam jumlah material pada tanggal dan                                                               as of and for the years ended
         untuk     tahun-tahun   yang   berakhir                                                              December 31, 2023 and 2022 follows:
         31 Desember 2023 dan 2022 adalah
         sebagai berikut:

                                                                                            2023
                                                                  Kepentingan Nonpengendali yang material/
                                                                      Material Non-controlling Interest
                                                            Bagian Kepentingan                                                          Bagian Penghasilan
                          Nama Entitas Anak/                   Kepemilikan/                         Saldo Akumulasi/                  Komprehensif/Share in
                          Name of Subsidiary                Equity Interest Held                  Accumulated Balances                Comprehensive Income
                                                                      %


         DA                                                              17,59                                 677.361.345                                      10.157.362
         PPJ                                                             45,00                                 329.841.510                                    104.438.845
         ABS                                                             36,36                                 153.461.029                                      46.397.581


                                                                                           2022
                                                               Kepentingan Nonpengendali yang material/
                                                                         Material Non-controlling Interest
                                                           Bagian Kepentingan                                                           Bagian Penghasilan
                          Nama Entitas Anak/                  Kepemilikan/                         Saldo Akumulasi/                   Komprehensif/Share in
                        Name of Subsidiary                 Equity Interest Held                  Accumulated Balances                Comprehensive Income
                                                                     %


         DA                                                          17,59                                     667.203.983                                     13.972.307
         PPJ                                                         45,00                                     372.102.664                                     82.717.991
         ABS                                                         36,36                                     172.190.723                                     36.745.052

         Berikut    adalah     ringkasan    informasi                                                         The summarized financial information of
         keuangan dari entitas anak. Jumlah-jumlah                                                            these subsidiaries is provided below. This
         tersebut sebelum dieliminasi dengan                                                                  information is based on amounts before
         transaksi antar entitas dalam Grup.                                                                  inter-company eliminations.

         Ringkasan     laporan posisi  keuangan                                                               Summarized statements        of financial
         pada tanggal 31 Desember 2023 dan 2022                                                               position as of December 31, 2023 and 2022
         sebagai berikut:                                                                                     follows:

                                                           2023                                                        2022
                                            DA             ABS                     PPJ                 DA              ABS             PPJ


         Aset lancar                       514.949.019    119.979.982              92.466.919        448.433.922       105.668.849      90.259.980   Current assets
         Aset tidak lancar               5.424.846.406   1.084.079.688           1.065.306.257      5.442.345.750    1.155.819.115   1.137.045.685   Noncurrent assets

         Jumlah Aset                     5.939.795.425   1.204.059.670           1.157.773.176      5.890.779.672    1.261.487.964   1.227.305.665   Total Assets


         Liabilitas jangka pendek         639.001.089     348.190.309             320.782.030        546.286.010      306.763.507     291.313.557    Current liabilities
         Liabilitas jangka panjang        951.590.284     104.030.154             104.030.154        992.755.367      109.116.114     109.116.114    Noncurrent liabilities

         Jumlah Liabilitas               1.590.591.373    452.220.463             424.812.184       1.539.041.377     415.879.621     400.429.671    Total Liabilities

         Jumlah Ekuitas                  4.349.204.052    751.839.207             732.960.992       4.351.738.295     845.608.343     826.875.994    Total Equity




                                                                                   -9-
Page 299
PT JAKARTA INTERNATIONAL HOTELS &                                                                              PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                            DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                     For the Years Ended
31 Desember 2023 dan 2022                                                                                                   December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                       unless Otherwise Stated)


         Ringkasan    laporan   laba    rugi  dan                                                                        Summarized statements of profit or loss
         penghasilan komprehensif lain pada tahun                                                                        and other comprehensive income for 2023
         2023 dan 2022 sebagai berikut:                                                                                  and 2022 follows:
                                                                     2023                                                       2022
                                                   DA                ABS                 PPJ                DA                  ABS              PPJ


         Pendapatan                             1.230.567.999       799.693.386         799.693.386      1.066.399.784          698.136.398     698.136.398      Revenues

         Penghasilan sebelum pajak               242.298.939        254.994.652         255.048.787        212.324.933          192.144.979     192.195.854      Income before tax

         Penghasilan (rugi) komprehensif lain       1.075.465          (367.713)             (367.713)       7.473.700            4.856.385        4.856.385     Other comprehensive income (loss)

         Jumlah penghasilan komprehensif         209.293.032        232.030.863         232.084.998        198.377.860          183.761.827     183.812.702      Total comprehensive income


         Ringkasan informasi arus kas pada tahun                                                                         Summarized cash flow information for 2023
         2023 dan 2022 sebagai berikut:                                                                                  and 2022 follows:

                                                                    2023                                                     2022
                                                  DA                ABS                PPJ                 DA                ABS               PPJ


         Operasi                                 321.136.624     372.362.711           360.457.762        322.787.250        306.852.994       291.572.629     Operating
         Investasi                               (53.310.561)    (31.718.823)          (31.718.823)      (102.351.714)       (56.305.026)      (56.305.026)    Investing
         Pendanaan                              (187.046.840)   (325.856.282)         (326.055.527)      (206.028.228)      (297.923.140)     (298.032.350)    Financing
         Kenaikan (penurunan) bersih                                                                                                                           Net increase (decrease) in
            kas dan setara kas                   80.779.223         14.787.606           2.683.412        14.407.308         (47.375.172)      (62.764.747)       cash and cash equivalents


    d.   Dewan Komisaris, Direksi dan Karyawan                                                               d.          Board of Commissioners, Directors, and
                                                                                                                         Employees

         Susunan anggota Dewan Komisaris dan                                                                             As of December 31, 2023, the members of
         Direksi    Perusahaan       pada   tanggal                                                                      the Company’s Board of Commissioners
         31 Desember 2023 berdasarkan Akta No. 45                                                                        and Directors based on Notarial Deed
         tanggal      27     Juni      2023    dari                                                                      No. 45 dated June 27, 2023 from M. Nova
         M. Nova Faisal, S.H., M.Kn., notaris di                                                                         Faisal, S.H., M.Kn., public notary in Jakarta,
         Jakarta, adalah sebagai berikut:                                                                                follows:

         Dewan Komisaris                                                                                                                             Board of Commissioners
         Presiden Komisaris                                     :                Sugianto Kusuma                            :                        President Commissioner
         Wakil Presiden Komisaris                               :                  Tomy Winata                              :                  Vice President Commissioners
                                                                             Hartono Tjahjadi Adiwana
         Komisaris                                              :                Ku Siew Kuan *)                            :                                               Commissioners
                                                                                  Lidwina Ong *)

         Direksi                                                                                                                                                     Board of Directors
         Presiden Direktur                                      :                    Santoso Gunara                         :                                        President Director
         Direktur                                               :                  Lanny Pujilestari Liga                   :                                                 Directors
                                                                                    Agung Rin Prabowo
                                                                                      Hendi Lukman
                                                                                      Tony Soesanto
                                                                                    Hendra Kurniawan

         *) Merupakan Komisaris Independen                                                                                      *) Represent Independent Commissioners




                                                                                        - 10 -
Page 300
PT JAKARTA INTERNATIONAL HOTELS &                                          PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                        DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2023 dan 2022                                                               December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                          (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)


         Susunan anggota Dewan Komisaris dan                                   As of December 31, 2022, the members of
         Direksi    Perusahaan       pada  tanggal                             the Company’s Board of Commissioners
         31 Desember 2022 berdasarkan Akta                                     and Directors based on Notarial Deed
         No. 351 tanggal 23 Februari 2021 dari                                 No. 351 dated February 23, 2021 from
         Humberg Lie, S.H., S.E., M.Kn., notaris di                            Humberg Lie, S.H., S.E., M.Kn., public
         Jakarta, adalah sebagai berikut:                                      notary in Jakarta, follows:

         Dewan Komisaris                                                                              Board of Commissioners
         Presiden Komisaris                    :       Sugianto Kusuma            :                   President Commissioner
         Wakil Presiden Komisaris              :         Tomy Winata              :             Vice President Commissioners
                                                   Hartono Tjahjadi Adiwana
         Komisaris                             :    Teuku Ashikin Husein          :                          Commissioners
                                                       Ku Siew Kuan *)
                                                        Lidwina Ong *)

         Direksi                                                                                           Board of Directors
         Presiden Direktur                     :      Arpin Wiradisastra          :                        President Director
         Direktur                              :     Lanny Pujilestari Liga       :                                 Directors
                                                      Agung Rin Prabowo
                                                        Hendi Lukman
                                                        Tony Soesanto
                                                      Hendra Kurniawan

         *) Merupakan Komisaris Independen                                            *) Represent Independent Commissioners

         Pada tanggal 31 Desember 2023 dan 2022,                               As of December 31, 2023 and 2022, the
         susunan Komite Audit berdasarkan Surat                                members of Audit Committee based on the
         Keputusan Dewan Komisaris Perusahaan                                  Decision Letter of Board of Commissioners
         tanggal 15 September 2021 adalah sebagai                              of the Company dated September 15, 2021
         berikut:                                                              follows:

         Ketua                             :              Ku Siew Kuan            :                                 Chairman
         Anggota                           :              Dedy Djafarli           :                                 Members
                                                       Indra Pranajaya


         Manajemen kunci Grup            terdiri   dari                        Key management of the Group consists of
         Komisaris dan Direktur.                                               Commissioners and Directors.

         Pada tanggal 31 Desember 2023 dan 2022,                               As of December 31, 2023 and 2022, the
         jumlah    karyawan    Perusahaan     (tidak                           Company has 717 and 731 employees
         diaudit) masing-masing 717 dan 731                                    (unaudited), respectively. Meanwhile, as of
         karyawan.     Sedangkan     pada   tanggal                            December 31, 2023 and 2022, the total
         31 Desember 2023 dan 2022, jumlah                                     employees of the Group (unaudited)
         karyawan     Grup    secara    keseluruhan                            is approximately 1,925 and 1,916,
         (tidak diaudit) masing-masing 1.925 dan                               respectively.
         1.916 karyawan.

    e.   Penyelesaian        Laporan         Keuangan                     e.   Completion     of   the         Consolidated
         Konsolidasian                                                         Financial Statements

         Laporan        keuangan         konsolidasian                         The consolidated financial statements of
         PT    Jakarta     International Hotels      &                         PT Jakarta International Hotels       &
         Development Tbk dan entitas anak untuk                                Development Tbk and its subsidiaries for
         tahun yang berakhir 31 Desember 2023                                  the year ended December 31, 2023 were
         telah     diselesaikan      dan    diotorisasi                        completed and authorized for issuance
         untuk terbit oleh Direksi Perusahaan pada                             on March 28, 2024 by the Company’s
         tanggal 28 Maret 2024. Direksi Perusahaan                             Directors who are responsible for the
         bertanggung jawab atas penyusunan dan                                 preparation and presentation of the
         penyajian laporan keuangan konsolidasian                              consolidated financial statements.
         tersebut.



                                                           - 11 -
Page 301
PT JAKARTA INTERNATIONAL HOTELS &                                             PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                           DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                             (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


2.   Informasi Kebijakan Akuntansi Material                        2.    Material Accounting Policy Information

     a.   Dasar Penyusunan dan Pengukuran                                a.   Basis   of  Consolidated   Financial
          Laporan Keuangan Konsolidasian                                      Statements     Preparation      and
                                                                              Measurement

          Laporan keuangan konsolidasian disusun                              The consolidated financial statements have
          dan disajikan dengan menggunakan                                    been      prepared    and     presented    in
          Standar Akuntansi Keuangan di Indonesia,                            accordance with Indonesian Financial
          meliputi pernyataan dan interpretasi yang                           Accounting     Standards     “SAK”,    which
          diterbitkan oleh Dewan Standar Akuntansi                            comprise the statements and interpretations
          Keuangan Ikatan Akuntan Indonesia (IAI)                             issued by the Board of Financial Accounting
          dan Peraturan OJK No. VIII.G.7 tentang                              Standards of the Institute of Indonesia
          “Penyajian dan Pengungkapan Laporan                                 Chartered Accountants (IAI) and OJK
          Keuangan Emiten atau Perusahaan Publik”.                            Regulation      No.    VIII.G.7    regarding
                                                                              “Presentation and Disclosures of Public
                                                                              Companies Financial Statements”. Such
                                                                              consolidated financial statements are an
                                                                              English translation of the Group’s statutory
                                                                              report in Indonesia.

          Dasar pengukuran laporan keuangan                                   The measurement basis used is the
          konsolidasian ini adalah konsep biaya                               historical cost, except for certain accounts
          perolehan     (historical     cost),  kecuali                       which are measured on the bases
          beberapa       akun       tertentu   disusun                        described in the related accounting policies.
          berdasarkan pengukuran lain, sebagaimana                            The consolidated financial statements,
          diuraikan dalam kebijakan akuntansi                                 except for the consolidated statements of
          masing-masing akun tersebut. Laporan                                cash flows, are prepared under the accrual
          keuangan konsolidasian ini disusun dengan                           basis of accounting.
          metode akrual, kecuali laporan arus kas
          konsolidasian.

          Laporan arus kas konsolidasian disusun                              The consolidated statements of cash flows
          dengan menggunakan metode langsung                                  are prepared using the direct method with
          dengan mengelompokkan arus kas dalam                                classifications of cash flows into operating,
          aktivitas operasi, investasi dan pendanaan                          investing and financing activities.

          Kebijakan akuntansi yang diterapkan dalam                           The accounting policies adopted in the
          penyusunan          laporan       keuangan                          preparation of the consolidated financial
          konsolidasian untuk tahun yang berakhir                             statements     for   the    year   ended
          31 Desember 2023 adalah konsisten                                   December 31, 2023 are consistent with
          dengan      kebijakan     akuntansi   yang                          those adopted in the preparation of the
          diterapkan dalam penyusunan laporan                                 consolidated financial statements for the
          keuangan konsolidasian untuk tahun yang                             year ended December 31, 2022.
          berakhir 31 Desember 2022.

          Mata uang yang digunakan dalam                                      The currency used in the preparation and
          penyusunan     dan    penyajian  laporan                            presentation of the consolidated financial
          keuangan konsolidasian adalah mata uang                             statements is the Indonesian Rupiah (Rp)
          Rupiah (Rp) yang juga merupakan mata                                which is also the functional currency of the
          uang fungsional Perusahaan.                                         Company.




                                                          - 12 -
Page 302
PT JAKARTA INTERNATIONAL HOTELS &                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


    b.   Prinsip Konsolidasi                                     b.   Principles of Consolidation

         Laporan keuangan konsolidasian meliputi                      The consolidated financial statements
         laporan keuangan Perusahaan dan entitas-                     include the accounts of the Company and
         entitas yang dikendalikan oleh Perusahaan                    entities controlled by the Company and its
         dan entitas anak (Grup). Pengendalian                        subsidiaries (the Group). Control is
         diperoleh apabila Grup memiliki seluruh hal                  achieved when the Group has all the
         berikut ini:                                                 following:

         •    Kekuasaan atas investee;                                •    Power over investee;

         •    Eksposur atau hak atas imbal hasil                      •    Is exposed, or has rights, to variable
              variabel dari keterlibatannya dengan                         returns from its involvement with the
              investee; dan                                                investee; and

         •    Kemampuan untuk menggunakan                             •    The ability to use its power on the
              kekuasaannya atas investee untuk                             investee to affect the Group returns.
              mempengaruhi jumlah imbal hasil
              Grup.

         Pengkonsolidasian entitas anak dimulai                       Consolidation of a subsidiary begins when
         pada saat Grup memperoleh pengendalian                       the Group obtains control over the
         atas entitas anak dan berakhir pada saat                     subsidiary and ceases when the Group
         Grup kehilangan pengendalian atas entitas                    losses control of the subsidiary. Specifically,
         anak. Secara khusus, penghasilan dan                         income and expenses of a subsidiary
         beban entitas anak yang diakuisisi atau                      acquired or disposed of during the year are
         dilepaskan selama tahun berjalan termasuk                    included in the consolidated statement of
         dalam laporan laba rugi dan penghasilan                      profit or loss and other comprehensive
         komprehensif lain konsolidasian sejak                        income from the date the Group obtains
         tanggal Grup memperoleh pengendalian                         control until the date when the Group
         sampai dengan tanggal Grup kehilangan                        ceases to control the subsidiary.
         pengendalian atas entitas anak.

         Seluruh aset dan liabilitas, ekuitas,                        All intragroup assets and liabilities, equity,
         penghasilan, beban dan arus kas dalam                        income, expenses and cash flows relating
         intra kelompok usaha terkait dengan                          to transactions between members of the
         transaksi     antar    entitas     dalam                     Group      are  eliminated    in     full  on
         Grup dieliminasi secara penuh dalam                          consolidation. Accounting policies of
         laporan keuangan konsolidasian. Kebijakan                    subsidiaries have been changed where
         akuntansi entitas anak telah diubah jika                     necessary to ensure consistency with the
         diperlukan,   agar   konsisten    dengan                     policies adopted by the Group.
         kebijakan akuntansi yang diterapkan oleh
         Grup.

         Selisih penilaian kembali bangunan dalam                     The revaluation increment in value of
         akun “Aset tetap” milik PPJ, entitas anak,                   building under “Property and equipment”
         tidak diakui dalam laporan keuangan                          account of PPJ, a subsidiary, has been
         konsolidasian agar konsisten dengan                          reversed in the consolidated financial
         kebijakan akuntansi Grup yang mencatat                       statements to be consistent with the
         aset tetapnya dengan menggunakan model                       Group’s policy of carrying its property and
         biaya.                                                       equipment using the cost model.

         Laba rugi dan entitas induk setiap                           Profit or loss and each component of other
         komponen penghasilan komprehensif lain                       comprehensive income are attributed to the
         diatribusikan kepada pemilik entitas induk                   owners of the parent company and to the
         dan kepentingan nonpengendali (KNP)                          non-controlling interest (NCI) even if this
         meskipun hal tersebut mengakibatkan KNP                      results in the NCI having a deficit balance.
         memiliki saldo defisit.




                                                       - 13 -
Page 303
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


         KNP disajikan dalam laporan laba rugi dan                       NCI are presented in the consolidated
         penghasilan        komprehensif          lain                   statement of profit or loss and other
         konsolidasian dan dalam ekuitas pada                            comprehensive income and under the
         laporan posisi keuangan konsolidasian,                          equity section of the consolidated statement
         terpisah    dari   bagian     yang     dapat                    of financial position, respectively, separately
         diatribusikan kepada pemilik Entitas Induk.                     from the corresponding portion attributable
                                                                         to owners of the Parent Company.

         Transaksi dengan KNP yang tidak                                 Transactions with NCI that do not result in
         mengakibatkan hilangnya pengendalian                            loss of control are accounted for as equity
         dicatat sebagai transaksi ekuitas. Selisih                      transactions. The difference between the
         antara nilai wajar imbalan yang dialihkan                       fair value of any consideration paid and the
         dengan bagian relatif atas nilai tercatat aset                  relevant share acquired of the carrying
         bersih entitas anak yang diakuisisi dicatat di                  value of net assets of the subsidiary is
         ekuitas. Keuntungan atau kerugian dari                          recorded in equity. Gains or losses on
         pelepasan kepada KNP juga dicatat di                            disposals to NCI are also recorded in
         ekuitas.                                                        equity.

    c.   Penjabaran Mata Uang Asing                                 c.   Foreign Currency Translation

         Mata Uang Fungsional                                            Functional Currencies

         Akun-akun yang tercakup dalam laporan                           Accounts included in the financial
         keuangan setiap entitas dalam Grup diukur                       statements of each entity within the Group
         menggunakan mata uang dari lingkungan                           are measured using the currency of the
         ekonomi utama dimana entitas beroperasi                         primary economic environment in which the
         (mata uang fungsional).                                         entity operates (the functional currency).

         Transaksi dan Saldo                                             Transactions and Balances

         Transaksi dalam mata uang asing                                 Foreign     currency      transactions     are
         dijabarkan kedalam mata uang fungsional                         translated into the functional currency using
         menggunakan kurs pada tanggal transaksi.                        the exchange rates prevailing at the dates
         Keuntungan atau kerugian selisih kurs yang                      of the transactions. Foreign exchange gains
         timbul dari penyelesaian transaksi dan dari                     and losses resulting from the settlement of
         penjabaran pada kurs akhir tahun atas aset                      such transactions and from the translation
         dan liabilitas moneter dalam mata uang                          at year end exchange rates of monetary
         asing diakui dalam laba rugi.                                   assets and liabilities denominated in foreign
                                                                         currencies are recognized in profit or loss.

         Pada tanggal 31 Desember 2023 dan 2022,                         As of December 31, 2023 and 2022, the
         kurs   konversi    yakni   kurs   tengah                        conversion rates used by Group were the
         Bank Indonesia, yang digunakan oleh Grup                        middle rates of Bank Indonesia which are
         masing-masing sebesar Rp 15.416 (dalam                          Rp 15,416 (in full Rupiah) and Rp 15,731
         Rupiah penuh) dan Rp 15.731 (dalam                              (in full Rupiah) respectively, to US$ 1.
         Rupiah penuh) per US$ 1.

         Kelompok Usaha Grup                                             Group’s Companies

         Hasil usaha dan posisi keuangan dari                            The results and financial position of all the
         kelompok usaha Grup yang memiliki mata                          Group companies that have a functional
         uang fungsional yang berbeda dengan mata                        currency different from the reporting
         uang pelaporan, dijabarkan pada mata                            currency are translated into the reporting
         uang pelaporan sebagai berikut:                                 currency as follows:

         a.   Aset dan liabilitas dari setiap laporan                    a.   Assets and liabilities for each
              posisi keuangan yang disajikan,                                 statement      of   financial  position
              dijabarkan pada kurs penutup pada                               presented are translated at the closing
              tanggal laporan posisi keuangan;                                rate at the date of that statement of
                                                                              financial position;



                                                          - 14 -
Page 304
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


         b.     Penghasilan dan beban untuk setiap                        b.    Income and expenses for each
                laporan    laba   rugi    dijabarkan                            statement of income are translated at
                menggunakan kurs rata-rata; dan                                 average exchange rates; and

         c.     Seluruh selisih kurs yang timbul diakui                   c.    All resulting exchange differences are
                dalam     komponen ekuitas yang                                 recognized as a separate component
                terpisah.                                                       of equity.

    d.   Transaksi dengan Pihak Berelasi                             d.   Transactions with Related Parties

         Orang atau entitas dikategorikan sebagai                         A person or entity is considered a related
         pihak berelasi Grup apabila memenuhi                             party of the Group if it meets the definition
         definisi   pihak  berelasi   berdasarkan                         of a related party in PSAK No. 7 “Related
         PSAK No. 7 “Pengungkapan Pihak-pihak                             Party Disclosures”.
         Berelasi”.

         Semua transaksi signifikan dengan pihak                          All significant transactions with related
         berelasi telah diungkapkan dalam laporan                         parties are disclosed in the consolidated
         keuangan konsolidasian.                                          financial statements.

    e.   Klasifikasi Lancar dan Tidak Lancar                         e.   Current and Non-current Classification

         Grup menyajikan aset dan liabilitas dalam                        The Group presents assets and liabilities in
         laporan posisi keuangan konsolidasian                            the consolidated statement of financial
         berdasarkan klasifikasi lancar/tidak lancar.                     position based on current/non-current
         Suatu aset disajikan lancar bila:                                classification. An asset is current when it is:

         i)     akan direalisasi, dijual atau dikonsumsi                  i)    expected to be realized or intended to
                dalam siklus operasi normal,                                    be sold or consumed in the normal
                                                                                operating cycle,

         ii)    untuk diperdagangkan, atau                                ii)   held primarily for the purpose of
                                                                                trading, or

         iii)   akan direalisasi dalam 12 bulan setelah                   iii) expected to be realized within
                tanggal pelaporan, atau kas atau                               12 months after the reporting period, or
                setara kas, kecuali yang dibatasi                              cash or cash equivalents unless
                penggunaannya atau akan digunakan                              restricted from being exchanged or
                untuk melunasi suatu liabilitas dalam                          used to settle a liability for at least
                paling lambat 12 bulan setelah tanggal                         12 months after the reporting period.
                pelaporan.

         Seluruh aset lain diklasifikasikan sebagai                       All other assets are classified as non-
         tidak lancar.                                                    current.

         Suatu liabilitas disajikan jangka pendek bila:                   A liability is current when it is:

         i)     akan dilunasi dalam siklus operasi                        i)    expected to be settled in the normal
                normal,                                                         operating cycle,

         ii)    untuk diperdagangkan,                                     ii)   held primarily to the purpose of trading,

         iii) akan dilunasi dalam 12 bulan setelah                        iii) due to be settled within 12 months after
              tanggal pelaporan, atau                                          the reporting period, or

         iv) tidak ada hak tanpa syarat untuk                             iv) there is no unconditional right to defer
             menangguhkan pelunasannya dalam                                  the settlement of the liability for at least
             paling tidak 12 bulan setelah tanggal                            12 months after the reporting period.
             pelaporan.



                                                           - 15 -
Page 305
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


         Seluruh liabilitas lain       diklasifikasikan                  All other liabilitas are classified as non-
         sebagai jangka panjang.                                         current.

    f.   Kas dan Setara Kas                                         f.   Cash and Cash Equivalents

         Kas terdiri dari kas dan bank. Setara kas                       Cash consists of cash on hand and in
         adalah semua investasi yang bersifat                            banks. Cash equivalents are short-term,
         jangka pendek dan sangat likuid yang dapat                      highly liquid investments that are readily
         segera dikonversikan menjadi kas dengan                         convertible to known amounts of cash with
         jatuh tempo dalam waktu tiga (3) bulan atau                     original maturities of three (3) months or
         kurang sejak tanggal penempatannya, dan                         less from the date of placements, and which
         yang tidak dijaminkan serta tidak dibatasi                      are not used as collateral and are not
         pencairannya.                                                   restricted.

    g.   Instrumen Keuangan                                         g.   Financial Instruments

         Grup menerapkan PSAK No. 71, Instrumen                          The Group has applied PSAK No. 71,
         Keuangan, mengenai pengaturan instrumen                         Financial Instruments, which set the
         keuangan      terkait klasifikasi   dan                         requirement       in classification and
         pengukuran, dan penurunan nilai atas                            measurement, and impairment in value of
         instrumen keuangan.                                             financial assets.

         Pada tanggal 31 Desember 2023 dan 2022,                         As of December 31, 2023 and 2022, the
         Grup memiliki instrumen keuangan dalam                          Group has financial instruments under
         kategori aset keuangan pada biaya                               financial assets at amortized cost and
         perolehan      diamortisasi   dan   liabilitas                  financial liabilities at amortized cost
         keuangan yang diukur pada biaya                                 categories. Thus, accounting policies
         perolehan diamortiasi. Oleh karena itu,                         related to financial assets at fair value
         kebijakan     akuntansi     terkait  dengan                     through profit or loss, financial assets at fair
         instrumen keuangan dalam kategori aset                          value through other comprehensive income
         keuangan yang diukur pada nilai wajar                           and financial liabilities at fair value through
         melalui laba rugi, aset keuangan yang                           profit or loss were not disclosed.
         diukur pada nilai wajar melalui penghasilan
         komprehensif lain dan liabilitas keuangan
         yang diukur pada nilai wajar melalui laba
         rugi tidak diungkapkan.

         Aset Keuangan                                                   Financial Assets

         Grup mengklasifikasikan aset keuangan                           The Group classifies its financial assets in
         sesuai dengan PSAK No. 71, Instrumen                            accordance with PSAK No. 71, Financial
         Keuangan, sehingga setelah pengakuan                            Instruments, that classifies financial assets
         awal aset keuangan diukur pada biaya                            as subsequently measured at amortized
         perolehan diamortisasi, nilai wajar melalui                     cost,    fair     value      through     other
         penghasilan komprehensif lain atau nilai                        comprehensive income or fair value
         wajar   melalui    laba     rugi,   dengan                      through profit or loss, on the basis of both:
         menggunakan dua dasar, yaitu:

         (a)   Model bisnis Grup dalam mengelola                         (a)   The Group’s business model for
               aset keuangan; dan                                              managing the financial assets; and

         (b)   Karakteristik arus kas kontraktual dari                   (b)   The     contractual        cash     flow
               aset keuangan.                                                  characteristics of the financial assets.




                                                          - 16 -
Page 306
PT JAKARTA INTERNATIONAL HOTELS &                                          PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                        DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2023 dan 2022                                                               December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                          (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)


         Aset Keuangan pada Biaya Perolehan                                Financial Assets at Amortized Cost
         Diamortisasi

         Aset keuangan diukur pada biaya perolehan                         A financial asset shall be measured at
         diamortisasi jika kedua kondisi berikut                           amortized cost if both of the following
         terpenuhi:                                                        conditions are met:

         a.   Aset keuangan dikelola dalam model                           a.    The financial asset is held within a
              bisnis yang bertujuan untuk memiliki                               business model whose objective is to
              aset    keuangan    dalam    rangka                                hold financial assets in order to collect
              mendapatkan arus kas kontraktual;                                  contractual cash flows; and
              dan

         b.   Persyaratan kontraktual dari aset                            b.    The contractual terms of the financial
              keuangan menghasilkan arus kas                                     assets give rise on specified dates to
              pada tanggal tertentu yang semata                                  cash flows that are solely payments of
              dari pembayaran pokok dan bunga                                    principal and interest on the principal
              dari jumlah pokok terutang.                                        amount outstanding.

         Aset keuangan pada biaya perolehan                                Financial assets at amortized cost is
         diamortisasi diukur pada jumlah yang diakui                       measured at initial amount minus the
         saat pengakuan awal dikurangi pembayaran                          principal repayments, plus or minus the
         pokok, ditambah atau dikurangi dengan                             cumulative amortization using the effective
         amortisasi kumulatif menggunakan metode                           interest method of any difference between
         suku bunga efektif yang dihitung dari selisih                     that initial amount and the maturity amount,
         antara nilai awal dan nilai jatuh temponya,                       adjusted for allowance for impairment.
         dan dikurangi dengan cadangan kerugian
         penurunan nilai.

         Pada tanggal 31 Desember 2023 dan 2022,                           As of December 31, 2023 and 2022, the
         kategori ini meliputi kas dan setara kas,                         Group’s cash and cash equivalents, trade
         piutang usaha, piutang lain-lain dan aset                         accounts receivable, other accounts
         lain-lain   (setoran     jaminan, deposito                        receivable and other assets (security
         berjangka yang dibatasi pencairannya dan                          deposits, restricted time deposits and
         rekening giro yang dibatasi pencairannya)                         restricted cash in current accounts) are
         yang dimiliki oleh Grup.                                          classified in this category.

         Liabilitas   Keuangan       dan     Instrumen                     Financial   Liabilities       and      Equity
         Ekuitas                                                           Instruments

         Liabilitas keuangan dan instrumen ekuitas                         Financial liabilities and equity instruments of
         Grup diklasifikasikan berdasarkan substansi                       the Group are classified according to the
         perjanjian kontraktual serta definisi liabilitas                  substance of the contractual arrangements
         keuangan dan instrumen ekuitas. Kebijakan                         entered into and the definitions of
         akuntansi yang diterapkan atas instrumen                          a financial liability and equity instrument.
         keuangan tersebut diungkapkan berikut ini.                        The accounting policies adopted for specific
                                                                           financial instruments are set out below.

         Instrumen Ekuitas                                                 Equity Instruments

         Instrumen ekuitas adalah setiap kontrak                           An equity instrument is any contract that
         yang memberikan hak residual atas aset                            evidences a residual interest in the assets
         suatu entitas setelah dikurangi dengan                            of an entity after deducting all of its
         seluruh liabilitasnya. Instrumen ekuitas                          liabilities. Equity instruments are recorded
         dicatat sejumlah hasil yang diterima,                             at the proceeds received, net of direct issue
         setelah    dikurangkan    dengan  biaya                           costs.
         penerbitan langsung.




                                                            - 17 -
Page 307
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


         Liabilitas Keuangan                                            Financial Liabilities

         Liabilitas keuangan dalam lingkup PSAK                         Financial liabilities within the scope of
         No. 71 diklasifikasikan sebagai berikut:                       PSAK No. 71 are classified as follows:
         (i) liabilitas keuangan yang diukur dengan                     (i) financial liabilities at amortized cost,
         biaya diamortisasi, (ii) liabilitas keuangan                   (ii) financial liabilities at fair value through
         yang diukur dengan nilai wajar melalui laba                    profit and loss (FVTPL). The Group
         rugi. Grup menentukan klasifikasi liabilitas                   determines the classification of its financial
         keuangan pada saat pengakuan awal.                             liabilities at initial recognition.

         Seluruh liabilitas keuangan diakui pada                        All financial liabilities are recognized initially
         awalnya sebesar nilai wajar dan, dalam hal                     at fair value and, in the case of loans and
         pinjaman dan utang, termasuk biaya                             borrowings, inclusive of directly attributable
         transaksi yang dapat diatribusikan secara                      transaction      costs      and    subsequently
         langsung dan selanjutnya diukur pada                           measured at amortized cost using the
         biaya perolehan diamortisasi dengan                            effective interest rate method. The
         menggunakan metode suku bunga efektif.                         amortization of the effective interest rate is
         Amortisasi suku bunga efektif disajikan                        included in finance costs in profit or loss.
         sebagai bagian dari beban keuangan dalam
         laba rugi.

         Liabilitas Keuangan yang Diukur Pada                           Financial Liabilities at Amortized Cost
         Biaya Perolehan Diamortisasi

         Liabilitas keuangan pada biaya perolehan                       Financial liabilities at amortized cost is
         diamortisasi diukur pada jumlah yang diakui                    measured at initial amount minus the
         saat pengakuan awal dikurangi pembayaran                       principal repayments, plus or minus the
         pokok, ditambah atau dikurangi dengan                          cumulative amortization using the effective
         amortisasi kumulatif menggunakan metode                        interest method of any difference between
         suku bunga efektif yang dihitung dari selisih                  that initial amount and the maturity amount.
         antara nilai awal dan nilai jatuh temponya.

         Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, the
         kategori ini meliputi utang usaha, beban                       Group’s trade accounts payable, accrued
         akrual, utang obligasi, utang pihak berelasi,                  expenses, bonds payable, due to related
         utang bank jangka pendek, utang bank                           parties, short-term bank loans, long-term
         jangka panjang dan liabilitas lain-lain                        bank loans and certain other liabilities are
         tertentu yang dimiliki oleh Grup.                              included in this category.

         Saling Hapus Instrumen Keuangan                                Offsetting of Financial Instruments

         Aset keuangan dan liabilitas keuangan                          Financial assets and liabilities are offset
         saling hapus dan nilai bersihnya disajikan                     and the net amount reported in the
         dalam      laporan      posisi    keuangan                     consolidated statement of financial position
         konsolidasian jika, dan hanya jika, Grup                       if, and only if, there is a currently
         saat ini memiliki hak yang berkekuatan                         enforceable right to offset the recognized
         hukum untuk melakukan saling hapus atas                        amounts and there is intention to settle on a
         jumlah yang telah diakui tersebut dan                          net basis, or to realize the asset and settle
         berniat untuk menyelesaikan secara neto                        the liability simultaneously.
         atau untuk merealisasikan aset dan
         menyelesaikan       liabilitasnya    secara
         simultan.




                                                         - 18 -
Page 308
PT JAKARTA INTERNATIONAL HOTELS &                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


         Reklasifikasi Aset Keuangan                                  Reclassifications of Financial Assets

         Sesuai dengan ketentuan PSAK No. 71,                         In accordance with PSAK No. 71, Financial
         Instrumen Keuangan, Grup mereklasifikasi                     Instruments, the Group reclassifies its
         seluruh aset keuangan dalam kategori yang                    financial assets when, and only when, the
         terpengaruh, jika dan hanya jika, Grup                       Group changes its business model for
         mengubah model bisnis untuk pengelolaan                      managing financial assets. While, any
         aset keuangan tersebut. Sedangkan,                           financial liabilities shall not be reclassified.
         liabilitas keuangan tidak direklasifikasi.

         Penurunan Nilai Aset Keuangan                                Impairment of Financial Assets

         Grup mengakui kerugian kredit ekspetasian                     The Group recognizes lifetime expected
         (ECL) sepanjang umur untuk piutang                            credit losses (ECL) for trade accounts
         usaha. Kerugian kredit ekspetasian atas                       receivable. The expected credit losses on
         aset keuangan ini diestimasi menggunakan                      these financial assets are estimated using
         pendekatan tingkat kerugian berdasarkan                       loss rate approach based on the Group’s
         pengalaman kerugian kredit historis Grup,                     historical credit loss experience, adjusted
         disesuaikan dengan kondisi ekonomi umum                       for general economic conditions and an
         dan penilaian baik atas kondisi kini maupun                   assessment of both the current as well as
         perkiraan masa depan pada tanggal                             the forecast direction of conditions at the
         pelaporan, termasuk nilai waktu atas uang                     reporting date, including time value of
         jika tepat.                                                   money where appropriate.

         Untuk seluruh instrumen keuangan lainnya,                     For all other financial instruments, the
         Grup mengakui ECL sepanjang umur ketika                       Group recognizes lifetime ECL when there
         telah ada peningkatan risiko kredit yang                      has been a significant increase in credit
         signifikan sejak pengakuan awal. Jika                         risk since initial recognition. If, on the other
         sebaliknya, risiko kredit pada instrumen                      hand, the credit risk on the financial
         keuangan tidak meningkat secara signifikan                    instrument has not increased significantly
         sejak pengakuan awal, Grup mengukur                           since initial recognition, the Group
         penyisihan kerugian untuk instrumen                           measures the loss allowance for that
         keuangan tersebut sejumlah ECL 12 bulan.                      financial instrument at an amount equal to
         Penilaian apakah ECL sepanjang umur                           12-month ECL. The assessment of whether
         harus diakui didasarkan pada peningkatan                      lifetime ECL should be recognized is based
         signifikan dalam kemungkinan terjadinya                       on significant increases in the likelihood or
         atau pada risiko gagal bayar sejak                            risk of a default occurring since initial
         pengakuan awal dan bukan didasarkan                           recognition instead of on evidence of a
         bukti aset keuangan yang mengalami                            financial asset being credit impaired at the
         kerugian kredit pada tanggal pelaporan atau                   reporting date or an actual default
         kejadian gagal bayar sebenarnya. ECL                          occurring. Lifetime ECL represents the
         sepanjang umur merupakan kerugian kredit                      expected credit losses that will result from
         ekspetasian yang timbul dari seluruh                          all possible default events over the
         kemungkinan peristiwa gagal bayar selama                      expected life of a financial instrument. In
         perkiraan umur instrumen keuangan.                            contrast, 12-month ECL represents the
         Sebaliknya, ECL 12 bulan mewakili porsi                       portion of lifetime ECL that is expected to
         ECL sepanjang umur yang timbul dari                           result from default events on a financial
         peristiwa gagal bayar pada instrumen                          instrument that are possible within 12
         keuangan yang mungkin terjadi dalam 12                        months after the reporting date.
         bulan setelah tanggal pelaporan.




                                                       - 19 -
Page 309
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


         Penghentian Pengakuan Aset Keuangan                            Derecognition of Financial Assets and
         dan Liabilitas Keuangan                                        Financial Liabilities

         (1)   Aset Keuangan                                            (1)   Financial Assets

               Aset keuangan (atau bagian dari                                Financial asset (or, where applicable,
               aset  keuangan     atau kelompok                               a part of a financial asset or part of a
               aset keuangan serupa) dihentikan                               group of similar financial assets) is
               pengakuannya jika:                                             derecognized when:

               a.   Hak kontraktual atas arus kas                             a.   The rights to receive cash flows
                    yang berasal dari aset keuangan                                from the asset have expired;
                    tersebut berakhir;

               b.   Grup tetap memiliki hak untuk                             b.   The Group retains the right to
                    menerima arus kas dari aset                                    receive cash flows from the
                    keuangan    tersebut,    namun                                 asset, but has assumed an
                    juga    menanggung     liabilitas                              obligation to pay them in full
                    kontraktual untuk membayar                                     without material delay to a third
                    kepada pihak ketiga atas arus                                  party under a “pass-through”
                    kas yang diterima tersebut                                     arrangement; or
                    secara penuh tanpa adanya
                    penundaan     yang    signifikan
                    berdasarkan suatu kesepakatan;
                    atau

               c.   Grup telah mentransfer haknya                             c.   The Group has transferred its
                    untuk menerima arus kas dari                                   rights to receive cash flows from
                    aset keuangan dan (i) telah                                    the asset and either (i) has
                    mentransfer secara substansial                                 transferred substantially all the
                    seluruh risiko dan manfaat atas                                risks and rewards of the asset,
                    aset keuangan, atau (ii) secara                                or (ii) has neither transferred nor
                    substansial tidak mentransfer                                  retained substantially all the risks
                    atau tidak memiliki seluruh risiko                             and rewards of the asset, but
                    dan     manfaat      atas     aset                             has transferred control of the
                    keuangan,       namun        telah                             asset.
                    mentransfer pengendalian atas
                    aset keuangan tersebut.

         (2)   Liabilitas Keuangan                                      (2)   Financial Liabilities

               Liabilitas   keuangan        dihentikan                        A financial liability is derecognized
               pengakuannya jika liabilitas keuangan                          when the obligation under the contract
               tersebut berakhir, dibatalkan atau                             is discharged, cancelled or has
               telah kadaluarsa.                                              expired.

    h.   Pengukuran Nilai Wajar                                    h.   Fair Value Measurement

         Pengukuran nilai wajar didasarkan pada                         The fair value measurement is based on the
         asumsi bahwa transaksi untuk menjual aset                      presumption that the transaction to sell the
         atau mengalihkan liabilitas akan terjadi:                      asset or transfer the liability takes place
                                                                        either:

         •     Di pasar utama untuk        aset   atau                   •    In the principal market for the asset or
               liabilitas tersebut; atau                                      liability; or

         •     Jika tidak terdapat pasar utama, di                       •    In the absence of a principal market,
               pasar yang paling menguntungkan                                in the most advantageous market for
               untuk aset atau liabilitas tersebut.                           the asset or liability.




                                                         - 20 -
Page 310
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


         Grup harus memiliki akses ke pasar utama                      The Group must have access to the
         atau pasar yang paling menguntungkan                          principal or the most advantageous market
         pada tanggal pengukuran.                                      at the measurement date.

         Nilai wajar aset atau liabilitas diukur                       The fair value of an asset or a liability is
         menggunakan asumsi yang akan digunakan                        measured using the assumptions that
         pelaku pasar ketika menentukan harga aset                     market participants would use when pricing
         atau liabilitas tersebut, dengan asumsi                       the asset or liability, assuming that market
         bahwa pelaku pasar bertindak dalam                            participants act in their economic best
         kepentingan ekonomi terbaiknya.                               interest.

         Pengukuran nilai wajar aset non-keuangan                      A fair value measurement of a non-financial
         memperhitungkan     kemampuan      pelaku                     asset takes into account a market
         pasar    untuk   menghasilkan     manfaat                     participant’s ability to generate economic
         ekonomis dengan menggunakan aset                              benefits by using the asset in its highest
         dalam penggunaan tertinggi dan terbaiknya,                    and best use or by selling it to another
         atau dengan menjualnya kepada pelaku                          market participant that would use the asset
         pasar lain yang akan menggunakan aset                         in its highest and best use.
         tersebut dalam penggunaan tertinggi dan
         terbaiknya.

         Ketika Grup menggunakan teknik penilaian,                     When the Group uses valuation techniques,
         maka Grup memaksimalkan penggunaan                            it maximizes the use of relevant observable
         input yang dapat diobservasi yang relevan                     inputs and minimizing the use of
         dan meminimalkan penggunaan input yang                        unobservable inputs.
         tidak dapat diobservasi.

         Seluruh aset dan liabilitas yang mana nilai                   All assets and liabilities for which fair value
         wajar aset atau liabilitas tersebut diukur                    is measured or disclosed in the financial
         atau diungkapkan, dikategorikan dalam                         statements are categorized within the fair
         hirarki nilai wajar sebagai berikut:                          value hierarchy as follows:

         •   Level 1 - Harga kuotasian (tanpa                           •    Level 1 - Quoted (unadjusted) market
             penyesuaian) di pasar aktif untuk aset                          prices in active markets for identical
             atau liabilitas yang identik;                                   assets or liabilities;

         •   Level 2 - Teknik penilaian dimana level                    •    Level 2 - Valuation techniques for
             input terendah yang signifikan terhadap                         which the lowest level input that is
             pengukuran      nilai    wajar    dapat                         significant to   the    fair   value
             diobservasi, baik secara langsung                               measurement is directly or indirectly
             maupun tidak langsung;                                          observable;

         •   Level 3 - Teknik penilaian dimana level                    •    Level 3 - Valuation techniques for
             input terendah yang signifikan terhadap                         which the lowest level input that is
             pengukuran nilai wajar tidak dapat                              significant to   the    fair   value
             diobservasi.                                                    measurement is unobservable.

         Untuk aset dan liabilitas yang diukur pada                    For assets and liabilities that are recognized
         nilai wajar secara berulang dalam laporan                     in the consolidated financial statements on
         keuangan konsolidasian, maka Grup                             a recurring basis, the Group determines
         menentukan apakah telah terjadi transfer di                   whether there are transfers between levels
         antara level hirarki dengan menilai kembali                   in    the    hierarchy      by    re-assessing
         pengkategorian level nilai wajar pada setiap                  categorization at the end of each reporting
         akhir periode pelaporan.                                      period.

    i.   Biaya Dibayar di Muka                                    i.   Prepaid Expenses

         Biaya dibayar di muka diamortisasi selama                      Prepaid expenses are amortized over their
         manfaat masing-masing biaya dengan                             beneficial or contract periods using the
         menggunakan metode garis lurus.                                straight-line method.




                                                        - 21 -
Page 311
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


    j.   Persediaan                                                 j.   Inventories

         1.   Persediaan Real Estat                                      1.   Real Estate Inventories

              Persediaan real estat terdiri dari                              Real estate inventories consist of
              bangunan (secara strata title) yang                             buildings (with strata title) ready for
              siap dijual, bangunan (secara strata                            sale, buildings (with strata title) under
              title) yang sedang dikonstruksi dan                             construction,    and      land      under
              tanah yang sedang dikembangkan                                  development which are stated at the
              dinyatakan berdasarkan nilai terendah                           lower of cost and net realizable value.
              antara biaya perolehan dan nilai
              realisasi bersih (the lower of cost and
              net realizable value).

              Biaya perolehan tanah yang sedang                               The cost of land under development
              dikembangkan        meliputi     biaya                          consists of the acquisition cost of the
              perolehan     tanah     yang    belum                           land for development, direct and
              dikembangkan ditambah dengan biaya                              indirect   costs     related    to   the
              pengembangan langsung dan tidak                                 development of real estate, and
              langsung yang dapat diatribusikan                               borrowing     costs.      Land     under
              pada kegiatan pengembangan real                                 development      is     transferred    to
              estat serta biaya pinjaman. Tanah                               buildings under construction when
              yang sedang dikembangkan akan                                   construction has started, based on the
              dipindahkan ke bangunan yang                                    area of saleable lots.
              sedang     dikonstruksi   pada    saat
              konstruksi       dimulai       dengan
              menggunakan metode luas areal.

              Biaya pengembangan tanah, termasuk                              The cost of land development,
              tanah yang digunakan sebagai jalan                              including land used for roads and
              dan prasarana atau area yang tidak                              amenities and other non-saleable
              dijual lainnya, dialokasikan ke proyek                          areas, is allocated based on the
              berdasarkan luas area yang dapat                                saleable area of the project.
              dijual.

              Biaya perolehan bangunan yang                                   The      cost   of   buildings  under
              sedang dikonstruksi meliputi biaya-                             construction consists of construction
              biaya konstruksi serta dipindahkan ke                           costs which can be transferred to land
              tanah dan bangunan yang siap dijual                             and buildings ready for sale when the
              pada saat selesai dibangun. Biaya-                              development of land and construction
              biaya tersebut ditentukan dengan                                of buildings are completed. Cost is
              menggunakan metode identifikasi                                 determined      using    the   specific
              khusus.                                                         identification method.

              Akumulasi     biaya       ke      proyek                        The allocation of costs to the real
              pengembangan real estat tidak                                   estate project continues even if
              dihentikan     walaupun         realisasi                       realization of future revenues is less
              pendapatan pada masa mendatang                                  than the carrying value of the project.
              lebih rendah dari nilai tercatat proyek.                        However, periodic provisions are
              Namun, dilakukan cadangan secara                                made for these differences. The total
              periodik atas perbedaan tersebut.                               provision reduces the carrying value
              Jumlah cadangan tersebut akan                                   of the project to its net realizable value
              mengurangi nilai tercatat proyek dan                            and is charged as expense in the
              dibebankan ke laba rugi tahun                                   current profit or loss when recognized.
              berjalan.




                                                          - 22 -
Page 312
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


              Estimasi dan alokasi biaya harus dikaji                       Cost estimates and allocation are
              kembali pada setiap akhir periode                             reviewed at the end of every reporting
              pelaporan sampai proyek selesai                               period until the project is substantially
              secara substansial. Apabila telah                             completed. If there are any substantial
              terjadi perubahan mendasar pada                               changes from the current estimates,
              estimasi kini, biaya direvisi, dan                            the Group revises and reallocates
              direalokasi.                                                  cost.

              Beban yang tidak berhubungan                                  Costs which are not related to real
              dengan proyek real estat dibebankan                           estate project are charged to
              dalam laba rugi pada saat terjadinya.                         operations when incurred.

         2.   Persediaan Hotel                                         2.   Hotel Inventories

              Barang dan perlengkapan hotel                                 Hotel inventories and supplies consist
              terdiri dari makanan, minuman,                                of food, beverages, engineering
              perlengkapan teknik dan perlengkapan                          supplies     and    hotel    supplies.
              hotel. Persediaan tersebut dinyatakan                         Inventories are recognized at the
              sebesar nilai yang lebih rendah antara                        lower of cost, which is determined
              biaya perolehan, yang ditentukan                              using the average method, or net
              dengan menggunakan metode rata-                               realizable value.
              rata, atau nilai realisasi bersih.

    k.   Investasi pada Entitas Asosiasi dan                      k.   Investments in Associates and Joint
         Ventura Bersama                                               Ventures

         Hasil usaha dan aset dan liabilitas entitas                   The results and assets and liabilities of
         asosiasi atau ventura bersama dicatat                         associates or joint venture are incorporated
         dalam laporan keuangan konsolidasian                          in these consolidated financial statements
         menggunakan metode ekuitas.                                   using the equity method of accounting.

         Dalam metode ekuitas, pengakuan awal                          Under the equity method, an investment in
         investasi pada entitas asosiasi atau ventura                  an associate or joint venture is initially
         bersama diakui pada laporan posisi                            recognized in the consolidated statement of
         keuangan konsolidasian sebesar biaya                          financial position at cost and adjusted there
         perolehan dan selanjutnya disesuaikan                         after to recognize the Group’s share of the
         untuk mengakui bagian Grup atas laba rugi                     profit or loss and other comprehensive
         dan penghasilan komprehensif lain dari                        income of the associate or joint venture.
         entitas asosiasi atau ventura bersama. Jika                   When the Group’s share of losses of an
         bagian Grup atas rugi entitas asosiasi atau                   associate exceeds the Group’s interest in
         ventura bersama adalah sama dengan atau                       that associate or joint venture, the Group
         melebihi kepentingannya pada entitas                          discontinues recognizing its share of further
         asosiasi atau ventura bersama, maka Grup                      losses. Additional losses are recognized
         menghentikan pengakuannya atas rugi                           only to the extent that the Group has
         lebih lanjut. Kerugian lebih lanjut diakui                    incurred legal or constructive obligations or
         hanya jika Grup memiliki kewajiban                            made payments on behalf of the associate
         konstruktif atau hukum atau melakukan                         or joint venture.
         pembayaran atas nama entitas asosiasi
         atau ventura bersama.




                                                        - 23 -
Page 313
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


         Investasi pada entitas asosiasi atau ventura                  An investment in an associate or a joint
         bersama dicatat menggunakan metode                            venture is accounted for using the equity
         ekuitas sejak tanggal investasi tersebut                      method from the date on which the investee
         memenuhi definisi entitas asosiasi atau                       becomes an associate or a joint venture.
         ventura bersama. Pada saat perolehan                          On acquisition of the investment in an
         investasi, setiap selisih lebih antara biaya                  associate or a joint venture, any excess of
         perolehan investasi dengan bagian Grup                        the cost of the investment over the Group’s
         atas nilai wajar neto aset dan liabilitas                     share of the net fair value of the identifiable
         teridentifikasi dari investee diakui sebagai                  assets and liabilities of the investee is
         goodwill, yang termasuk dalam nilai tercatat                  recognized as goodwill, which is included
         investasi. Setiap selisih lebih bagian Grup                   within the carrying amount of the
         atas nilai wajar neto aset dan liabilitas                     investment. Any excess of the Group’s
         teridentifikasi terhadap biaya perolehan                      share of the net fair value of the identifiable
         investasi langsung diakui dalam laba rugi                     assets and liabilities over the cost of the
         pada periode perolehan investasi.                             investment is recognized immediately in
                                                                       profit or loss in the period in which the
                                                                       investment is acquired.

         Pada setiap tanggal pelaporan, Grup                           The Group determines at each reporting
         menentukan apakah terdapat penurunan                          date whether it is necessary to recognize
         nilai yang harus diakui atas investasi Grup                   any impairment loss with respect to the
         pada entitas asosiasi atau ventura                            Group’s investment in an associate or a
         bersama.                                                      joint venture.

         Ketika entitas dalam Grup melakukan                           When a Group entity transacts with an
         transaksi dengan entitas asosiasi atau                        associate or a joint venture of the Group,
         ventura bersama milik Grup, keuntungan                        profits and losses resulting from the
         atau kerugian yang dihasilkan dari transaksi                  transactions with the associate or joint
         tersebut diakui dalam laporan keuangan                        venture are recognized in the Group’s
         konsolidasian    Grup     hanya      sebatas                  consolidated financial statements only to
         kepentingan para pihak dalam asosiasi atau                    the extent of interests in the associate or
         ventura bersama yang tidak terkait dengan                     joint venture that are not related to the
         Grup.                                                         Group.

    l.   Properti Investasi                                       l.   Investment Properties

         Properti investasi, kecuali tanah, diukur                     Investment properties, except land, are
         sebesar biaya perolehan, termasuk biaya                       measured at cost, including transaction
         transaksi,   setelah    dikurangi   dengan                    costs, less accumulated depreciation and
         akumulasi penyusutan dan kerugian                             any impairment loss. Land is not
         penurunan nilai, jika ada. Tanah tidak                        depreciated and is stated at cost less any
         disusutkan dan dinyatakan berdasarkan                         impairment in value. The carrying amount
         biaya perolehan dikurangi akumulasi rugi                      includes the cost of replacing part of an
         penurunan nilai, jika ada. Jumlah tercatat                    existing investment property at the time that
         termasuk biaya penggantian untuk bagian                       cost is incurred if the recognition criteria are
         tertentu dari properti investasi yang telah                   met and excludes the costs of day-to-day
         ada pada saat beban terjadi, jika kriteria                    servicing of an investment property.
         pengakuan terpenuhi dan tidak termasuk
         biaya perawatan sehari-hari properti
         investasi.

         Properti investasi berupa tanah dalam                         Investment property in the form of land
         rangka bangun, kelola dan alih adalah                         under     build,   operate    and    transfer
         tanah milik Grup yang di atasnya akan                         agreement is land owned by the Group on
         dibangun hotel oleh pihak ketiga. Tanah                       which a hotel will be built by a third party.
         dan bangunan hotel akan dikembalikan                          Land and building of hotel will be
         kepada Grup pada saat berakhirnya                             transferred to the Group at the end of build,
         perjanjian bangun, kelola dan alih.                           operate and transfer agreement.




                                                        - 24 -
Page 314
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


         Properti investasi, kecuali tanah, disusutkan                   Investment properties, except land, are
         dengan menggunakan metode garis lurus                           depreciated using the straight-line method
         dengan estimasi masa manfaatnya yakni                           over the estimated useful life of four (4) to
         empat (4) sampai dengan tiga puluh (30)                         thirty (30) years.
         tahun.

         Properti investasi dihentikan pengakuannya                       Investment properties are derecognized
         (dikeluarkan dari laporan posisi keuangan                        when either they have been disposed of or
         konsolidasian) pada saat pelepasan atau                          when     the     investment    property   is
         ketika properti investasi tersebut tidak                         permanently withdrawn from use and no
         digunakan lagi secara permanen dan tidak                         future economic benefit is expected from its
         memiliki manfaat ekonomis di masa depan                          disposal. Any gains or losses on the
         yang dapat diharapkan pada saat                                  retirement or disposal of an investment
         pelepasannya. Keuntungan atau kerugian                           property are recognized in profit or loss in
         yang timbul dari penghentian atau                                the year of retirement or disposal.
         pelepasan properti investasi diakui dalam
         laba    rugi    dalam     tahun   terjadinya
         penghentian atau pelepasan tersebut.

         Transfer ke properti investasi dilakukan jika,                   Transfers are made to investment
         dan hanya jika, terdapat perubahan                               properties when, and only when, there is a
         penggunaan, yang ditunjukkan dengan                              change in use, evidenced by ending of
         berakhirnya pemakaian oleh pemilik atau                          owner-occupation or commencement of an
         dimulainya sewa operasi ke pihak lain.                           operating lease to another party. Transfers
         Transfer dari properti investasi dilakukan                       are made from investment properties when,
         jika, dan hanya jika, terdapat perubahan                         and only when, there is a change in use,
         penggunaan, yang ditunjukkan dengan                              evidenced by commencement of owner-
         dimulainya penggunaan oleh pemilik atau                          occupation     or    commencement        of
         dimulainya pengembangan untuk dijual.                            development with a view to sale.

         Nilai residu, jika ada, umur manfaat, serta                      The asset’s residual values, if any, useful
         metode penyusutan dan amortisasi ditelaah                        lives and depreciation and amortization
         setiap    akhir    tahun   dan   dilakukan                       method are reviewed and adjusted if
         penyesuaian apabila hasil telaah berbeda                         appropriate, at each financial year end.
         dengan estimasi sebelumnya.

         Properti Investasi dalam Pembangunan                            Construction in Progress

         Properti investasi dalam pembangunan                            Construction in     progress    represents
         merupakan properti investasi dalam tahap                        investment properties under construction
         konstruksi, yang dinyatakan pada biaya                          which is stated at cost and is not
         perolehan dan tidak disusutkan. Akumulasi                       depreciated. The accumulated cost will be
         biaya akan direklasifikasi ke akun properti                     reclassified to the respective investment
         investasi yang bersangkutan dan akan                            properties account and are depreciated
         disusutkan pada saat konstruksi selesai                         when the construction is substantially
         secara substansial dan aset tersebut telah                      complete and the asset is ready for its
         siap digunakan sesuai tujuannya.                                intended use.

    m.   Aset Tetap                                                 m.   Property and Equipment

         Pemilikan Langsung                                              Direct Acquisitions

         Aset tetap, kecuali tanah, dinyatakan                           Property and equipment, except land, are
         berdasarkan biaya perolehan, tetapi tidak                       carried at cost, excluding day-to-day
         termasuk biaya perawatan sehari-hari,                           servicing, less accumulated depreciation
         dikurangi akumulasi penyusutan dan                              and any impairment in value. Land is not
         akumulasi rugi penurunan nilai, jika ada.                       depreciated and is stated at cost less any
         Tanah tidak disusutkan dan dinyatakan                           impairment in value.
         berdasarkan biaya perolehan dikurangi
         akumulasi rugi penurunan nilai, jika ada.



                                                          - 25 -
Page 315
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


         Biaya perolehan awal aset tetap meliputi                         The initial cost of property and equipment
         harga perolehan, termasuk bea impor dan                          consists of its purchase price, including
         pajak pembelian yang tidak boleh                                 import duties and taxes and any directly
         dikreditkan dan biaya-biaya yang dapat                           attributable costs in bringing the property
         diatribusikan secara langsung untuk                              and equipment to its working condition and
         membawa aset ke lokasi dan kondisi yang                          location for its intended use.
         diinginkan    sesuai   dengan     tujuan
         penggunaan yang ditetapkan.

         Beban-beban yang timbul setelah aset tetap                       Expenditures incurred after the property
         digunakan, seperti beban perbaikan dan                           and equipment have been put into
         pemeliharaan, dibebankan ke laba rugi                            operations,    such    as    repairs   and
         pada saat terjadinya. Apabila beban-beban                        maintenance costs, are normally charged to
         tersebut menimbulkan peningkatan manfaat                         operations in the year such costs are
         ekonomis di masa mendatang dari                                  incurred. In situations where it can be
         penggunaan aset tetap tersebut yang dapat                        clearly demonstrated that the expenditures
         melebihi kinerja normalnya, maka beban-                          have resulted in an increase in the future
         beban tersebut dikapitalisasi sebagai                            economic benefits expected to be obtained
         tambahan biaya perolehan aset tetap.                             from the use of the property and equipment
                                                                          beyond its originally assessed standard of
                                                                          performance,     the    expenditures   are
                                                                          capitalized as additional costs of property
                                                                          and equipment.

         Penyusutan     dan     amortisasi dihitung                       Depreciation  and      amortization    are
         berdasarkan metode garis lurus (straight-                        computed on a straight-line basis over the
         line method) selama masa manfaat aset                            property and equipment’s useful lives as
         tetap sebagai berikut:                                           follows:

                                                          Tahun/
                                                          Years

         Bangunan                                         20 - 30          Buildings
         Peralatan dan perabotan                           2 - 10          Furniture, fixtures and equipment
         Peralatan mekanis dan listrik                     6 - 14          Mechanical and electrical equipment
         Kendaraan bermotor                                2-8             Motor vehicles
         Prasarana telekomunikasi                          2 - 10          Telecommunication infrastructure
         Partisi kantor                                    3-5             Leasehold improvements

         Nilai tercatat aset tetap ditelaah kembali                       The carrying values of property and
         dan dilakukan penurunan nilai apabila                            equipment are reviewed for impairment
         terdapat peristiwa atau perubahan kondisi                        when events or changes in circumstances
         tertentu yang mengindikasikan nilai tercatat                     indicate that the carrying values may not be
         tersebut tidak dapat dipulihkan sepenuhnya.                      recoverable.

         Dalam setiap inspeksi yang signifikan, biaya                     When each major inspection is performed,
         inspeksi diakui dalam jumlah tercatat aset                       its cost is recognized in the carrying amount
         tetap sebagai suatu penggantian apabila                          of the item of property and equipment as a
         memenuhi kriteria pengakuan. Biaya                               replacement if the recognition criteria are
         inspeksi signifikan yang dikapitalisasi                          satisfied. Such major inspection is
         tersebut diamortisasi selama periode                             capitalized and amortized over the next
         sampai dengan saat inspeksi signifikan                           major inspection activity.
         berikutnya.




                                                        - 26 -
Page 316
PT JAKARTA INTERNATIONAL HOTELS &                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


         Jumlah tercatat aset tetap dihentikan                        An item of property and equipment is
         pengakuannya pada saat dilepaskan atau                       derecognized upon disposal or when no
         tidak ada manfaat ekonomis masa depan                        future economic benefits are expected from
         yang diharapkan dari penggunaan atau                         its use or disposal. Any gains or loss
         pelepasannya. Keuntungan atau kerugian                       arising from de-recognition of property and
         yang timbul dari penghentian pengakuan                       equipment is included in profit or loss in the
         aset tetap diakui dalam laba rugi pada                       year the item is derecognized.
         tahun terjadinya penghentian pengakuan.

         Nilai residu, jika ada, umur manfaat, serta                  The asset’s residual values, if any, useful
         metode penyusutan dan amortisasi ditelaah                    lives and depreciation and amortization
         setiap    akhir    tahun   dan   dilakukan                   method are reviewed and adjusted if
         penyesuaian apabila hasil telaah berbeda                     appropriate, at each financial year end.
         dengan estimasi sebelumnya.

         Aset Tetap dalam Pembangunan                                 Construction in Progress

         Aset tetap dalam pembangunan merupakan                       Construction in progress represents
         aset tetap dalam tahap konstruksi, yang                      property and equipment under construction
         dinyatakan pada biaya perolehan dan tidak                    which is stated at cost and is not
         disusutkan.     Akumulasi   biaya    akan                    depreciated. The accumulated costs are
         direklasifikasi ke akun aset tetap yang                      reclassified to the respective property and
         bersangkutan dan akan disusutkan pada                        equipment account and are depreciated
         saat konstruksi selesai secara substansial                   when the construction is substantially
         dan aset tersebut telah siap digunakan                       complete and the asset is ready for its
         sesuai tujuannya.                                            intended use.

    n.   Goodwill                                                n.   Goodwill

         Goodwill diuji penurunan nilainya setiap                     Goodwill is tested annually for impairment
         tahun dan dicatat sebesar biaya perolehan                    and carried at cost less accumulated
         dikurangi dengan akumulasi penurunan                         impairment losses. Impairment losses on
         nilai. Penurunan nilai goodwill tidak dapat                  goodwill are not reversed. Gains and
         dipulihkan. Keuntungan atau kerugian yang                    losses on the disposal of an entity include
         diakui pada saat pelepasan entitas anak                      the carrying amount of goodwill relating to
         harus memperhitungkan nilai tercatat                         the entity sold.
         goodwill dari entitas anak yang dijual
         tersebut.

         Goodwill dialokasikan ke Unit Penghasil                      Goodwill is allocated to Cash Generating
         Kas (UPK) untuk tujuan uji penurunan nilai.                  Unit (CGU) for the purpose of impairment
         Alokasi dilakukan ke UPK atau kelompok                       testing. The allocation is made to those
         UPK yang diharapkan akan mendapat                            CGU or groups of CGU that are expected
         manfaat dari kombinasi bisnis yang                           to benefit from the business combination in
         menimbulkan goodwill tersebut.                               which the goodwill arose.

    o.   Transaksi Sewa                                          o.   Lease Transactions

         Grup menerapkan PSAK No. 73 yang                             The Group has applied PSAK No. 73,
         mensyaratkan pengakuan liabilitas sewa                       which set the requirement for the
         sehubungan     dengan       sewa     yang                    recognition of lease liabilities in relation to
         sebelumnya diklasifikasikan sebagai ‘sewa                    leases which had been previously
         operasi’.                                                    classified as ‘operating lease’.




                                                       - 27 -
Page 317
PT JAKARTA INTERNATIONAL HOTELS &                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


         Sebagai penyewa                                              As lessee

         Pada tanggal permulaan kontrak, Grup                         At the inception of a contract, the Group
         menilai apakah kontrak merupakan, atau                       assesses whether the contract is, or
         mengandung,       sewa.   Suatu    kontrak                   contains, a lease. A contract is or contains
         merupakan atau mengandung sewa jika                          a lease if the contract conveys the right to
         kontrak tersebut memberikan hak untuk                        control the use of an identified assets for a
         mengendalikan        penggunaan       aset                   period of      time    in    exchange     for
         identifikasian selama suatu jangka waktu                     consideration.
         untuk dipertukarkan dengan imbalan.

         Untuk menilai apakah kontrak memberikan                      To assess whether a contract conveys the
         hak untuk mengendalikan penggunaan aset                      right to control the use of an identified
         identifikasian, Grup harus menilai apakah:                   asset, the Group shall assesses whether:

         -    Grup memiliki hak untuk mendapatkan                     -    The Group has the right to obtain
              secara subtansial seluruh manfaat                            substantially all the economic benefits
              ekonomi dari penggunaan aset                                 from use of the asset throughout the
              identifikasian; dan                                          period of use; and

         -    Grup memiliki hak untuk mengarahkan                     -    The Group has the right to direct the
              penggunaan aset identifikasian. Grup                         use of the asset. The Group has this
              memiliki hak ini ketika Grup memiliki                        right when it has the decision-making
              hak untuk pengambilan keputusan                              rights that are the most relevant to
              yang relevan tentang bagaimana dan                           changing how and for what purpose
              untuk tujuan apa aset digunakan telah                        the asset is used are predetermined:
              ditentukan sebelumnya:

              1.   Grup  memiliki    hak      untuk                        1.     The Group has the right to
                   mengoperasikan aset;                                           operate the asset;

              2.   Grup telah mendesain aset                               2.     The Group has designed the
                   dengan     cara   menetapkan                                   asset     in     a    way  that
                   sebelumnya bagaimana dan                                       predetermined how and for what
                   untuk tujuan apa aset akan                                     purpose it will be used.
                   digunakan    selama  periode
                   penggunaan.

         Pada tanggal awal dimulainya kontrak atau                    At the inception or on reassessment of a
         pada tanggal penilaian kembali atas kontrak                  contract that contains a lease component,
         yang mengandung sebuah komponen                              the Group allocates the consideration in the
         sewa, Grup mengalokasikan imbalan dalam                      contract to each lease component on the
         kontrak ke masing-masing komponen sewa                       basis of their relative stand-alone prices
         berdasarkan harga tersendiri relatif dari                    and the aggregate stand-alone price of the
         komponen sewa dan harga tersendiri                           non-lease components.
         agregat dari komponen nonsewa.

         Pada tanggal permulaan sewa, Grup                            The Group recognizes a right-of-use asset
         mengakui aset hak-guna dan liabilitas sewa.                  and a lease liability at the lease
         Aset hak-guna diukur pada biaya perolehan,                   commencement date. The right-of-use
         dimana meliputi jumlah pengukuran awal                       assets are initially measured at cost, which
         liabilitas sewa yang disesuaikan dengan                      comprises the initial amount of the lease
         pembayaran sewa yang dilakukan pada                          liability adjusted for any lease payment
         atau sebelum tanggal permulaan.                              made at or before the commencement
                                                                      date.




                                                       - 28 -
Page 318
PT JAKARTA INTERNATIONAL HOTELS &                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2023 dan 2022                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


         Aset hak-guna kemudian disusutkan                           The right-of-use assets are subsequently
         menggunakan metode garis lurus dari                         depreciated using the straight-line method
         tanggal permulaan hingga tanggal yang                       from the commencement date to the earlier
         lebih awal antara akhir umur manfaat aset                   of the end of the useful life of the right-of-
         hak-guna atau akhir masa sewa.                              use assets or the end of the lease term.

         Liabilitas sewa diukur pada nilai kini                      The lease liability is initially measured at
         pembayaran sewa yang belum dibayar                          the present value of the lease payments
         pada tanggal permulaan, didiskontokan                       that are not paid at the commencement
         dengan menggunakan suku bunga implisit                      date, discounted using the interest rate
         dalam sewa atau jika suku bunga tersebut                    implicit in the lease or, if that rate cannot be
         tidak dapat ditentukan, maka menggunakan                    readily determined, using incremental
         suku bunga pinjaman inkremental. Pada                       borrowing rate. Generally, the Group uses
         umumnya, Grup menggunakan suku bunga                        its incremental borrowing rate as the
         pinjaman inkremental sebagai tingkat bunga                  discount rate.
         diskonto.

         Pembayaran sewa yang termasuk dalam                         Lease     payments   included       in  the
         pengukuran   liabilitas sewa meliputi                       measurement of the lease liability comprise
         pembayaran berikut ini:                                     the following:

         -    Pembayaran      tetap,     termasuk                    -    Fixed   payments,    including          in-
              pembayaran tetap secara substansi;                          substance fixed payments;

         -    Pembayaran sewa variabel yang                          -    Variable lease payments that depend
              bergantung pada indeks atau suku                            on an index or a rate, initially
              bunga yang pada awalnya diukur                              measured using the index or rate as at
              dengan menggunakan indeks atau                              the commencement date;
              suku bunga pada tanggal permulaan;

         -    Jumlah yang diperkirakan akan                          -    Amounts expected to be payable
              dibayarkan oleh penyewa dengan                              under a residual value guarantee;
              jaminan nilai residual;

         -    Harga eksekusi opsi beli jika Grup                     -    The exercise price under a purchase
              cukup pasti untuk mengeksekusi opsi                         option that the Group is reasonably
              tersebut; dan                                               certain to exercise; and

         -    Penalti karena penghentian awal sewa                   -    Penalties for early termination of a
              kecuali jika Grup cukup pasti untuk                         lease unless the Group is reasonably
              tidak menghentikan lebih awal.                              certain not to terminate early.

         Pembayaran sewa dialokasikan menjadi                        Each lease payment is allocated between
         bagian pokok dan biaya keuangan. Biaya                      the liability and finance cost. The finance
         keuangan dibebankan pada laba rugi                          cost is charged to profit or loss over the
         selama       periode   sewa     sehingga                    lease period so as to produce a constant
         menghasilkan tingkat suku bunga periodik                    periodic rate of interest on the remaining
         yang konstan atas saldo liabilitas untuk                    balance of the liability for each period.
         setiap periode.




                                                      - 29 -
Page 319
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


         Jika sewa mengalihkan kepemilikan aset                        If the lease transfers ownership of the
         pendasar kepada Grup pada akhir masa                          underlying asset to the Group by the end of
         sewa atau jika biaya perolehan aset hak-                      the lease term or if the cost of the right-of-
         guna      merefleksikan     Grup    akan                      use assets reflects that the Group will
         mengeksekusi opsi beli, maka Grup                             exercise a purchase option, the Group
         menyusutkan aset hak-guna dari tanggal                        depreciates the right-of-use assets from the
         permulaan hingga akhir umur manfaat aset                      commencement date to the end of the
         pendasar.    Jika    tidak,  maka   Grup                      useful life of the underlying asset.
         menyusutkan aset hak-guna dari tanggal                        Otherwise, the Group depreciates the right-
         permulaan hingga tanggal yang lebih awal                      of-use assets from the commencement
         antara akhir umur manfaat aset hak-guna                       date to the earlier of the end of the useful
         atau akhir masa sewa.                                         life of the right-of-use assets or the end of
                                                                       the lease term.

         Sewa jangka pendek                                             Short-term leases

         Grup memutuskan untuk tidak mengakui                           The Group has elected not to recognize
         aset hak-guna dan liabilitas sewa untuk                        right-of-use assets and lease liabilities for
         sewa jangka pendek yang memiliki masa                          short-term leases that have a lease term of
         sewa dua belas (12) bulan atau kurang.                         twelve (12) months or less. The Group
         Grup mengakui pembayaran sewa atas                             recognizes the lease payments associated
         sewa tersebut sebagai beban dengan dasar                       with these leases as an expense on a
         garis lurus selama masa sewa.                                  straight-line basis over the lease term.

         Sebagai pesewa                                                 As lessor

         Ketika Grup bertindak sebagai pesewa,                          When the Group acts as a lessor, it shall
         Grup    mengklasifikasi masing-masing                          classify each of its leases as either an
         sewanya baik sewa operasi atau sewa                            operating lease or a finance lease.
         pembiayaan.

         Untuk mengklasifikasi masing-masing sewa,                      To classify each lease, the Group makes
         Grup       membuat      penilaian  secara                      an overall assessment of whether the lease
         keseluruhan       atas    apakah     sewa                      transfers substantially all of the risks and
         mengalihkan secara substansial seluruh                         rewards incidental to ownership of the
         risiko dan manfaat yang terkait dengan                         underlying asset. If this is the case, then
         kepemilikan aset pendasar. Jika penilaian                      the lease is classified as a finance lease; if
         membuktikan hal tersebut, maka sewa                            not, then it is an operating lease. As part of
         diklasifikasikan sebagai sewa pembiayaan;                      this assessment, the Group considers
         jika tidak maka, merupakan sewa operasi.                       certain indicators such as whether the
         Sebagai bagian dari penilaian ini, Grup                        lease term is for the major part of the
         mempertimbangkan beberapa indikator                            economic life of the asset.
         seperti apakah masa sewa adalah sebagian
         besar dari umur ekonomik aset pendasar.

    p.   Distribusi Dividen                                       p.   Dividend Distribution

         Distribusi dividen kepada pemegang saham                      Dividend distribution to the Group’s
         Grup diakui sebagai liabilitas dalam laporan                  shareholders is recognized as a liability in
         keuangan konsolidasian dalam periode saat                     the consolidated financial statements in the
         dividen tersebut disetujui oleh pemegang                      period in which the dividends are approved
         saham Grup.                                                   by the Group’s shareholders.




                                                        - 30 -
Page 320
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


    q.   Penurunan Nilai Aset Non-Keuangan                         q.   Impairment of Non-Financial Assets

         Pada setiap akhir periode pelaporan                            The Group assesses at each annual
         tahunan, Grup menelaah apakah terdapat                         reporting period whether there is an
         indikasi suatu aset mengalami penurunan                        indication that an asset may be impaired.
         nilai. Jika terdapat indikasi tersebut atau                    If any such indication exists, or when
         pada saat uji tahunan penurunan nilai aset                     annual impairment testing for an asset is
         perlu dilakukan, maka Grup membuat                             required, the Group makes an estimate of
         estimasi jumlah terpulihkan aset tersebut.                     the asset’s recoverable amount.

         Jika nilai tercatat aset lebih besar daripada                  Where the carrying amount of an asset
         nilai terpulihkannya, maka aset tersebut                       exceeds its recoverable amount, the asset
         dinyatakan mengalami penurunan nilai dan                       is considered impaired and impairment
         rugi penurunan nilai diakui dalam laba rugi.                   losses are recognized in profit or loss.
         Dalam menghitung nilai pakai, estimasi arus                    In assessing the value in use, the
         kas masa depan bersih didiskontokan ke                         estimated net future cash flows are
         nilai kini dengan menggunakan tingkat                          discounted to their present value using a
         diskonto       sebelum        pajak      yang                  pre-tax discount rate that reflects current
         mencerminkan penilaian pasar kini dari nilai                   market assessments of the time value of
         waktu uang dan risiko spesifik atas aset.                      money and the risks specific to the asset.

         Penelaahan dilakukan pada akhir setiap                         An assessment is made at each annual
         periode     pelaporan     tahunan     untuk                    reporting period as to whether there is any
         mengetahui apakah terdapat indikasi bahwa                      indication that previously recognized
         rugi penurunan nilai aset yang telah diakui                    impairment losses recognized for an asset
         dalam periode sebelumnya mungkin tidak                         may no longer exist or may have
         ada lagi atau mungkin telah menurun. Jika                      decreased. If such indication exists, the
         indikasi dimaksud ditemukan, maka Grup                         recoverable      amount     is     estimated.
         mengestimasi jumlah terpulihkan aset                           A previously recognized impairment loss for
         tersebut. Kerugian penurunan nilai yang                        an asset is reversed in profit or loss to the
         diakui dalam periode sebelumnya akan                           extent that the carrying amount of the asset
         dipulihkan apabila nilai tercatat aset tidak                   does not exceed its recoverable amount nor
         melebihi jumlah terpulihkannya maupun                          exceed the carrying amount that would
         nilai tercatat, neto setelah penyusutan,                       have been determined, net of depreciation,
         seandainya tidak ada rugi penurunan nilai                      had no impairment loss been recognized for
         yang telah diakui untuk aset tersebut pada                     the asset in prior years. After such a
         tahun-tahun       sebelumnya.       Setelah                    reversal, the depreciation charge on the
         pemulihan tersebut, penyusutan aset                            said asset is adjusted in future periods to
         tersebut disesuaikan di periode mendatang                      allocate the asset’s revised carrying
         untuk mengalokasikan nilai tercatat aset                       amount, less any residual value, on a
         yang direvisi, dikurangi nilai sisanya,                        systematic basis over its remaining useful
         dengan dasar yang sistematis selama sisa                       life.
         umur manfaatnya.

    r.   Cadangan untuk Penggantian Peralatan                      r.   Reserve for Replacement of Operating
         Usaha                                                          Equipment

         Cadangan untuk penggantian peralatan                           A reserve for replacement of operating
         usaha (barang dan perlengkapan hotel)                          equipment (hotel inventories) is provided by
         dibebankan pada laba rugi berdasarkan                          charging to profit or loss an amount based
         taksiran nilai penggantian dari peralatan                      on the estimated replacement value of lost
         yang hilang atau rusak. Pembelian                              or damaged items. Actual purchases are
         dibebankan pada akun “Cadangan untuk                           charged to the “Reserve for replacement of
         penggantian peralatan usaha”.                                  operating equipment” account.




                                                         - 31 -
Page 321
PT JAKARTA INTERNATIONAL HOTELS &                                           PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                         DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2023 dan 2022                                                                December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                           (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)


    s.   Pengakuan Pendapatan dan Beban                                s.   Revenue and Expense Recognition

         (1)   Pengakuan Pendapatan                                         (1)   Revenues Recognition

               Grup menerapkan PSAK No. 72 yang                                   The Group has applied PSAK No. 72,
               mensyaratkan pengakuan pendapatan                                  which requires revenue recognition to
               harus memenuhi 5 langkah analisa                                   fulfill 5 steps of assessment:
               sebagai berikut:

               1.   Identifikasi    kontrak      dengan                           1.   Identify contract(s)     with   a
                    pelanggan.                                                         customer.

               2.   Identifikasi                kewajiban                         2.   Identify    the     performance
                    pelaksanaan        dalam      kontrak.                             obligations in the contract.
                    Kewajiban                pelaksanaan                               Performance obligations are
                    merupakan        janji-janji    dalam                              promises in a contract to transfer
                    kontrak      untuk     menyerahkan                                 to a customer goods that are
                    barang atau jasa yang memiliki                                     distinct.
                    karakteristik       berbeda         ke
                    pelanggan.

               3.   Penetapan     harga    transaksi.                             3.   Determine the transaction price.
                    Harga    transaksi   merupakan                                     Transaction price is the amount
                    jumlah imbalan yang berhak                                         of consideration to which an
                    diperoleh suatu entitas sebagai                                    entity expects to be entitled in
                    kompensasi atas diserahkannya                                      exchange      for    transferring
                    barang atau jasa yang dijanjikan                                   promised goods to a customer.
                    ke pelanggan.

               4.   Alokasi harga transaksi ke setiap                             4.   Allocate the transaction price to
                    kewajiban pelaksanaan (jika ada)                                   each performance obligation (if
                    dengan menggunakan dasar                                           any) on the basis of the relative
                    harga jual berdiri sendiri relatif                                 stand-alone selling prices of
                    dari setiap barang atau jasa                                       each distinct goods promised in
                    berbeda yang dijanjikan di                                         the contract.
                    kontrak.

               5.   Pengakuan pendapatan ketika                                   5.   Recognize      revenue      when
                    kewajiban pelaksanaan telah                                        performance      obligation    is
                    dipenuhi dengan menyerahkan                                        satisfied by transferring a
                    barang atau jasa yang dijanjikan                                   promised goods or service to a
                    ke pelanggan (ketika pelanggan                                     customer (which is when the
                    telah memiliki pengendalian atas                                   customer obtains control of that
                    barang atau jasa tersebut).                                        goods or services).

               Kewajiban     pelaksanaan           dapat                          A performance obligation may be
               dipenuhi dengan 2 cara, yakni:                                     satisfied at the following:

               a.   Suatu titik waktu (umumnya janji                              a.   A point in time (typically for
                    untuk menyerahkan barang ke                                        promises to transfer goods to a
                    pelanggan); atau                                                   customer); or




                                                             - 32 -
Page 322
PT JAKARTA INTERNATIONAL HOTELS &                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2023 dan 2022                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


             b.   Suatu periode waktu (umumnya                            b.   Over time (typically for promises
                  janji untuk menyerahkan jasa ke                              to transfer services to a
                  pelanggan). Untuk kewajiban                                  customer). For a performance
                  pelaksanaan     yang    dipenuhi                             obligation satisfied over time, the
                  dalam suatu periode waktu, Grup                              Group selects an appropriate
                  memilih ukuran penyelesaian                                  measure       of     progress    to
                  yang sesuai untuk penentuan                                  determine      the     amount    of
                  jumlah pendapatan yang harus                                 revenue      that     should     be
                  diakui karena telah terpenuhinya                             recognized as the performance
                  kewajiban pelaksanaan.                                       obligation is satisfied.

             Pembayaran harga transaksi berbeda                           Payment of transaction price differs
             untuk setiap kontrak. Aset kontrak                           for each contract. A contract asset is
             diakui ketika jumlah penerimaan dari                         recognized once the consideration
             pelanggan      kurang   dari    saldo                        paid by customer is less than the
             kewajiban pelaksanaan yang telah                             balance of perfomance obligation
             dipenuhi. Kewajiban kontrak diakui                           which has been satisfied. A contract
             ketika   jumlah    penerimaan    dari                        liability is recognized once the
             pelanggan lebih dari saldo kewajiban                         consideration paid by customer is
             pelaksanaan yang telah dipenuhi.                             more than the balance of perfomance
                                                                          obligation which has been satisfied.

             Pendapatan sewa dan jasa pelayanan                           Revenues from rental and service
                                                                          charges

             Pendapatan sewa ruangan pusat                                Rental revenues on leased shopping
             perbelanjaan dan kantor serta tanah                          center, office building and land are
             diakui berdasarkan metode garis lurus                        recognized on a straight-line basis
             sesuai dengan jangka waktu sewa dan                          over the lease terms, while service
             pendapatan jasa pelayanan diakui                             charge is recognized when services
             pada saat jasa diberikan.                                    are rendered.

             Pendapatan dari Hotel                                        Revenue from Hotel

             Pendapatan hotel diakui pada saat                            Hotel revenue is recognized when the
             barang atau jasa diberikan kepada                            goods are delivered or when services
             tamu.                                                        are rendered to the guests.

             Lainnya                                                      Others

             Pendapatan dari iuran keanggotaan                            Club    membership     revenue  is
             klub diakui sesuai dengan periode                            recognized based on the membership
             keanggotaan.                                                 period.

             Pendapatan dari jasa telekomunikasi                          Telecommunication service revenue is
             diakui pada saat jasa telah diserahkan                       recognized    when    services  are
             kepada pelanggan.                                            rendered to the customers.

             Pendapatan bunga dari instrumen                              Interest income for all financial
             keuangan diakui dalam laba rugi                              instruments is recognized in profit or
             secara akrual menggunakan metode                             loss on accrual basis using the
             suku bunga efektif.                                          effective interest rate method.




                                                      - 33 -
Page 323
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


         (2)   Pengakuan Beban                                           (2)   Expense Recognition

               Beban diakui pada saat terjadinya                               Expenses are recognized           when
               (accrual basis).                                                incurred (accrual basis).

               Beban bunga dari instrumen keuangan                             Interest expense for all financial
               diakui dalam laba rugi secara akrual                            instruments are recognized in profit or
               menggunakan metode suku bunga                                   loss on accrual basis using the
               efektif.                                                        effective interest rate method.

    t.   Imbalan Kerja                                              t.   Employee Benefits

         Liabilitas Imbalan Kerja Jangka Pendek                          Short-term Employee Benefits Liability

         Imbalan kerja jangka pendek diakui sebesar                      Short-term       employee     benefits   are
         jumlah yang tak-terdiskonto sebagai                             recognized at its undiscounted amount as a
         liabilitas pada laporan posisi keuangan                         liability after deducting any amount already
         konsolidasian setelah dikurangi dengan                          paid in the consolidated statement of
         jumlah yang telah dibayar dan sebagai                           financial position and as an expense in
         beban dalam laba rugi.                                          profit or loss.

         Liabilitas Imbalan Kerja Jangka Panjang                         Long-term Employee Benefits Liability

         Program pensiun manfaat pasti                                   Defined benefits plans

         Perusahaan memiliki program pensiun                             The Company has funded defined benefit
         manfaat pasti yang didasarkan pada masa                         plans which amounts are determined based
         kerja dan jumlah penghasilan karyawan                           on years of service and salaries of the
         saat pensiun yang dihitung menggunakan                          employees at the time of pension and
         metode Projected Unit Credit. Pengukuran                        calculated using the Projected Unit Credit.
         kembali liabilitas imbalan pasti langsung                       Remeasurement is reflected immediately in
         diakui dalam laporan posisi keuangan                            the consolidated statement of financial
         konsolidasian         dan         penghasilan                   position with a charge or credit recognized
         komprehensif lain pada periode terjadinya                       in other comprehensive income in the
         dan tidak akan direklasifikasi ke laba rugi,                    period in which they occur and not to be
         namun menjadi bagian dari saldo laba.                           reclassified to profit or loss but reflected
         Biaya liabilitas imbalan pasti lainnya terkait                  immediately in retained earnings. All other
         dengan program imbalan pasti diakui dalam                       costs related to the defined benefit plan are
         laba rugi.                                                      recognized in profit or loss.

         Liabilitas imbalan kerja jangka panjang                         Long-term employee benefits liability
         yang diakui dalam laporan posisi keuangan                       recognized in the consolidated statement of
         konsolidasian mencerminkan nilai kini                           financial position represents the present
         kewajiban      imbalan     pasti     setelah                    value of the defined benefit obligation
         dikurangkan dengan nilai wajar aset                             reduced by the fair value of plan assets.
         program. Aset (surplus) imbalan kerja                           Any asset (surplus) resulting from this
         jangka     panjang    yang    timbul    dari                    calculation is limited to the present value of
         perhitungan tersebut diakui sebesar nilai                       available refunds and reductions in future
         kini pengembalian kas serta pengurangan                         contributions to the plan.
         iuran masa depan dari program tersebut.




                                                          - 34 -
Page 324
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


         Program pensiun iuran pasti                                    Defined contribution plans

         The Ritz-Carlton Jakarta, Pacific Place, unit                  The Ritz-Carlton Jakarta, Pacific Place,
         usaha hotel dari PPJ memiliki imbalan                          hotel operation unit of PPJ has post-
         pasca-kerja iuran pasti melalui Dana                           employment benefits, defined contribution
         Pensiun Lembaga Keuangan (DPLK).                               plans through the Financial Institution of
         Jumlah iuran yang terutang diakui sebagai                      Pension Fund (DPLK). The Contribution
         liabilitas pada laporan posisi keuangan                        payable is accrued as a liability after
         konsolidasian setelah dikurangi dengan                         deducting any amount already paid in the
         jumlah yang telah dibayar dan sebagai                          consolidated statement of financial position
         beban dalam laba rugi.                                         and as expenses in profit or loss.

         Jika ada bagian iuran yang jatuh tempo                         If a part of the contributions falls due in a
         dalam waktu lebih dari dua belas (12) bulan                    period in excess of twelve (12) months from
         setelah tanggal laporan posisi keuangan                        the consolidated statement of financial
         konsolidasian,   maka     iuran      tersebut                  position date, the contributions are
         disajikan sebesar nilai kini liabilitas yang                   presented at its discounted amount.
         didiskontokan.

         Manfaat iuran pasti ditentukan berdasarkan                     Defined contribution plans benefits are
         akumulasi iuran dan hasil pengembangan                         determined     based     on     accumulated
         investasi.                                                     contributions and returns on investments.

         Pada tanggal 2 Februari 2021, Pemerintah                       On February 2, 2021, the Government
         mengundangkan       dan     memberlakukan                      promulgated    Government       Regulation
         Peraturan      Pemerintah     Nomor    35                      Number 35 Year 2021 (PP 35/2021) to
         Tahun     2021    (PP     35/2021)  untuk                      implement the provisions of Article 81 and
         melaksanakan ketentuan Pasal 81 dan                            Article 185 (b) of Law no. 11/2020
         Pasal 185 (b) UU No. 11/2020 mengenai                          concerning Job Creation (Cipta Kerja),
         Cipta    Kerja   yang    bertujuan  untuk                      which aims to create the widest possible
         menciptakan lapangan kerja yang seluas-                        employment opportunities.
         luasnya.

         Presiden     Republik   Indonesia      telah                   The President of the Republic of Indonesia
         menetapkan       Peraturan     Pemerintah                      has issued Government Regulation in
         Pengganti Undang-Undang No. 2 Tahun                            Lieu of Law No. 2 of 2022 concerning Job
         2022 tentang Cipta Kerja (Perppu Cipta                         Creation (Perppu Cipta Kerja 2/2022) on
         Kerja       2/2022)     pada        tanggal                    December 30, 2022 which is the
         30 Desember 2022 yang merupakan                                implementation of the Constitutional Court
         pelaksanaan           dan          putusan                     Decision Number 91/PUU-XVIII/2022. With
         MK No. 91/PUU-XVIII/2022. Dengan                               the enactment of this Perppu, Law
         berlakunya Perppu ini, UU No. 11/2020                          No. 11/2020 concerning Job Creation is
         tengang Cipta Kerja dicabut dan dinyatakan                     repealed and declared invalid. Perppu Cipta
         tidak berlaku. Perppu Cipta Kerja 2/2022                       Kerja 2/2022 has been enacted into Law on
         telah ditetapkan menjadi Undang-Undang                         March 31, 2023, based on Law No. 6 of
         pada tanggal 31 Maret 2023 berdasarkan                         2023.
         Undang-Undang No. 6 Tahun 2023.

    u.   Pajak Penghasilan                                         u.   Income Tax

         Pajak Kini                                                     Current Tax

         Pajak kini ditentukan berdasarkan laba                         Current tax expense is determined based
         kena pajak dalam tahun yang bersangkutan                       on the taxable income for the year
         yang dihitung berdasarkan tarif pajak yang                     computed using prevailing tax rates.
         berlaku.




                                                         - 35 -
Page 325
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


         Pajak Tangguhan                                                  Deferred Tax

         Pajak tangguhan diakui sebagai liabilitas                        Deferred tax is provided using the liability
         jika terdapat perbedaan temporer kena                            method on temporary differences between
         pajak yang timbul dari perbedaan antara                          the tax bases of assets and liabilities and
         dasar pengenaan pajak aset dan liabilitas                        their carrying amounts for financial
         dengan jumlah tercatatnya pada tanggal                           reporting purposes at the reporting date.
         pelaporan.

         Aset pajak tangguhan diakui untuk seluruh                        Deferred tax assets are recognized for all
         perbedaan      temporer       yang   dapat                       deductible temporary differences and the
         dikurangkan dan rugi fiskal yang dapat                           carry forward tax benefit of any unused tax
         dikompensasikan. Aset pajak tangguhan                            losses. Deferred tax assets are recognized
         diakui dan direviu pada setiap tanggal                           and reviewed at each reporting date and
         pelaporan     atau     diturunkan   jumlah                       reduced to the extent that it is probable that
         tercatatnya, sepanjang kemungkinan besar                         taxable profit will be available against which
         laba     kena    pajak     tersedia   untuk                      the deductible temporary differences and
         pemanfaatan perbedaan temporer yang                              the carry forward tax benefit of unused tax
         dapat dikurangkan dan rugi fiskal yang                           losses can be utilized.
         dapat dikompensasikan.

         Aset dan liabilitas pajak tangguhan diukur                       Deferred tax assets and liabilities are
         dengan menggunakan tarif pajak yang                              measured at the tax rates that are
         diharapkan berlaku ketika aset dipulihkan                        expected to apply in the year when the
         atau liabilitas diselesaikan, berdasarkan tarif                  asset is realized or the liability is settled,
         pajak (atau peraturan pajak) yang telah                          based on tax rates (or tax laws) that have
         berlaku atau secara substantif telah berlaku                     been enacted or substantively enacted at
         pada tanggal pelaporan.                                          the reporting date.

         Aset pajak tangguhan dan liabilitas pajak                        Deferred tax assets and deferred tax
         tangguhan saling hapus jika dan hanya jika,                      liabilities are offset if and only if, a legally
         terdapat hak yang dipaksakan secara                              enforceable right exists to set off current
         hukum untuk melakukan saling hapus aset                          tax assets against current tax liabilities and
         pajak kini terhadap liabilitas pajak kini dan                    the deferred taxes relate to the same
         pajak tangguhan tersebut terkait dengan                          taxable entity and the same taxation
         entitas kena pajak yang sama dan                                 authority.
         dikenakan oleh otoritas perpajakan yang
         sama.

    v.   Aset Pengampunan Pajak                                      v.   Tax Amnesty Assets

         Pada    saat   pengakuan     awal,   aset                        At initial recognition, tax amnesty assets
         pengampunan pajak diukur sebesar biaya                           are measured at cost based on Letter of
         perolehan sesuai dengan Surat Keterangan                         Tax Amnesty Annotation issued by the
         Pengampunan Pajak yang diterbitkan oleh                          Minister of Finance of the Republic of
         Menteri Keuangan Republik Indonesia.                             Indonesia.

         Aset pengampunan pajak dikreditkan pada                          Tax amnesty assets are recognized with a
         akun tambahan modal disetor.                                     corresponding credit to additional paid-in
                                                                          capital.

         Pengukuran setelah pengakuan awal aset                           Subsequent measurement of tax amnesty
         pengampunan pajak mengacu pada                                   assets is in accordance with subsequent
         masing-masing kebijakan akuntansi relevan                        measurement provision of each relevant
         yang diterapkan Grup untuk aset serupa.                          accounting policy applied by the Group for
                                                                          similar assets.




                                                           - 36 -
Page 326
PT JAKARTA INTERNATIONAL HOTELS &                                              PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                            DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2023 dan 2022                                                                   December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


          Aset pengampunan pajak direklasifikasi ke                            Tax amnesty assets are reclassified to
          dalam pos aset serupa, ketika Grup                                   similar assets accounts, when the Group
          mengukur kembali aset pengampunan                                    re-measured tax amnesty assets at fair
          pajak berdasarkan nilai wajar sesuai                                 value in accordance with Financial
          dengan Standar Akuntansi Keuangan (SAK)                              Accounting Standards at the date of Letter
          pada     tanggal    Surat      Keterangan                            of Tax Amnesty Annotation from the
          Pengampunan      Pajak    dari     Menteri                           Minister of Finance of the Republic of
          Keuangan Republik Indonesia.                                         Indonesia.

     w.   Laba (Rugi) per Saham                                           w.   Earnings (Loss) per Share

          Laba (rugi) per saham dihitung dengan                                Earnings (loss) per share are computed by
          membagi       laba  (rugi)   yang    dapat                           dividing earnings (loss) attributable to
          diatribusikan kepada pemilik entitas induk                           owners of the parent company by the
          dengan jumlah rata-rata tertimbang saham                             weighted average number of shares
          yang      beredar  pada      tahun    yang                           outstanding during the year.
          bersangkutan.

     x.   Segmen Operasi                                                  x.   Operating Segments

          Segmen operasi diidentifikasi berdasarkan                            Operating segments are identified on the
          laporan internal komponen-komponen Grup                              basis of internal reports about components
          yang secara berkala dilaporkan kepada                                of the Group that are regularly reviewed by
          pengambil keputusan operasional dalam                                the chief operating decision maker in order
          rangka alokasi sumber daya ke dalam                                  to allocate resources to the segments and
          segmen dan penilaian kinerja Grup.                                   to assess their performances.

     y.   Provisi                                                         y.   Provisions

          Provisi diakui jika Grup mempunyai                                   Provisions are recognized when the
          kewajiban kini (hukum maupun konstruktif)                            Group has present obligation (legal or
          sebagai akibat peristiwa masa lalu, yang                             constructive) as a result of a past event, it
          memungkinkan Grup harus menyelesaikan                                is probable that the Group will be required
          kewajiban tersebut dan estimasi yang andal                           to settle the obligation, and a reliable
          mengenai jumlah kewajiban tersebut dapat                             estimate can be made of the amount of the
          dibuat.                                                              obligation.

          Jumlah yang diakui sebagai provisi adalah                            The amount recognized as a provision is
          hasil   estimasi      terbaik   pengeluaran                          the best estimate of the consideration
          yang diperlukan untuk menyelesaikan                                  required to settle the obligation at the
          kewajiban kini pada tanggal pelaporan,                               reporting date, taking into account the risks
          dengan mempertimbangkan risiko dan                                   and     uncertainties     surrounding     the
          ketidakpastian terkait kewajiban tersebut.                           obligation.


3.   Penggunaan Estimasi, Pertimbangan, dan                         3.    Management Use of Estimates, Judgments,
     Asumsi Manajemen                                                     and Assumptions

     Dalam penerapan kebijakan akuntansi Grup,                             In the application of the Group’s accounting
     seperti yang diungkapkan dalam Catatan 2 pada                         policies, which are described in Note 2 to the
     laporan keuangan konsolidasian, manajemen                             consolidated financial statements, management
     harus membuat estimasi, pertimbangan, dan                             is required to make estimates, judgments, and
     asumsi atas nilai tercatat aset dan liabilitas yang                   assumptions about the carrying amounts of
     tidak tersedia oleh sumber-sumber lain. Estimasi                      assets and liabilities that are not readily
     dan asumsi tersebut, berdasarkan pengalaman                           apparent from other sources. The estimates and
     historis dan faktor lain yang dipertimbangkan                         assumptions are based on historical experience
     relevan.                                                              and other factors that are considered to be
                                                                           relevant.




                                                           - 37 -
Page 327
PT JAKARTA INTERNATIONAL HOTELS &                                   PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                 DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
31 Desember 2023 dan 2022                                                        December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                   (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


    Manajemen berkeyakinan bahwa pengungkapan                   Management believes that the following
    berikut telah mencakup ikhtisar estimasi,                   represent a summary of the significant
    pertimbangan dan asumsi signifikan yang dibuat              estimates, judgments, and assumptions made
    oleh manajemen, yang berpengaruh terhadap                   that affected certain reported amounts and
    jumlah-jumlah    yang     dilaporkan     serta              disclosures in the consolidated financial
    pengungkapan    dalam    laporan     keuangan               statements.
    konsolidasian.

    Pertimbangan                                               Judgments

    Pertimbangan-pertimbangan berikut dibuat oleh              The following judgments are made by
    manajemen dalam proses penerapan kebijakan                 management in the process of applying the
    akuntansi Grup yang memiliki dampak yang                   Group’s accounting policies that have the most
    paling signifikan terhadap jumlah-jumlah yang              significant effects on the amounts recognized in
    diakui dalam laporan keuangan konsolidasian:               the consolidated financial statements:

    a.   Klasifikasi Aset Keuangan dan Liabilitas              a.   Classification of Financial     Assets    and
         Keuangan                                                   Financial Liabilities

         Grup menentukan klasifikasi aset dan                       The Group determines the classifications of
         liabilitas tertentu sebagai aset keuangan                  certain assets and liabilities as financial
         dan liabilitas keuangan dengan menilai                     assets and financial liabilities by judging if
         apakah aset dan liabilitas tersebut                        they meet the criteria set forth in
         memenuhi kriteria yang ditetapkan dalam                    PSAK No. 71. Accordingly, the financial
         PSAK No. 71. Aset keuangan dan liabilitas                  assets and financial liabilities are
         keuangan dicatat sesuai dengan kebijakan                   accounted for in accordance with the
         akuntansi Grup sebagaimana diungkapkan                     Group’s accounting policies disclosed in
         dalam Catatan 2.                                           Note 2.

    b.   Cadangan Kerugian Penurunan Nilai                     b.   Allowance for Impairment

         Pada setiap tanggal laporan posisi                          At each consolidated statement of financial
         keuangan konsolidasian, Grup menilai                        position reporting date, the Group shall
         apakah risiko kredit atas instrumen                         assess whether the credit risk of a financial
         keuangan, selain piutang usaha meningkat                    instrument, other than trade accounts
         secara signifikan sejak pengakuan awal.                     receivable, has increased significantly
         Ketika melakukan penilaian tersebut, Grup                   since initial recognition. When making the
         mempertimbangkan perubahan risiko gagal                     assessment, the Group uses the change in
         bayar yang terjadi selama umur instrumen                    the risk of a default over the expected life
         keuangan. Dalam melakukan penilaian                         of the financial instrument. To make that
         tersebut, Grup membandingkan risiko gagal                   assessment, the Group compares the risk
         bayar yang terjadi pada tanggal pelaporan                   of a default occurring on the financial
         dengan risiko gagal bayar pada saat                         instrument as at the reporting date with the
         pengakuan awal, serta mempertimbangkan                      risk of a default occurring on the financial
         informasi, termasuk informasi masa lalu,                    instrument as at the date of initial
         kondisi saat ini, dan informasi bersifat                    recognition and consider reasonable and
         perkiraan masa depan (forward-looking),                     supportable information, including that
         yang wajar dan terdukung yang tersedia                      which is forward-looking, that is available
         tanpa biaya atau upaya berlebihan.                          without undue cost or effort.




                                                     - 38 -
Page 328
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


         Grup     mengukur     cadangan        kerugian                    The Group measures the loss allowance
         sepanjang umurnya, jika risiko kredit atas                        for a financial instrument at an amount
         instrumen     keuangan       tersebut     telah                   equal to the lifetime expected credit losses
         meningkat      secara     signifikan     sejak                    if the credit risk on that financial instrument
         pengakuan awal, jika tidak, maka Grup                             has increased significantly since initial
         mengukur      cadangan      kerugian     untuk                    recognition,      otherwise,     the      Group
         instrumen keuangan tersebut sejumlah                              measures the loss allowance for that
         kerugian kredit ekspetasian dua belas (12)                        financial instrument at an amount equal to
         bulan. Suatu evaluasi yang bertujuan untuk                        twelve (12) month expected credit losses.
         mengidentifikasi jumlah cadangan kerugian                         Evaluation of financial assets to determine
         ekspetasian yang harus dibentuk, dilakukan                        the allowance for expected loss to be
         secara berkala pada setiap periode                                provided is performed periodically in each
         pelaporan. Oleh karena itu, saat dan                              reporting period. Therefore, the timing and
         besaran     jumlah    cadangan        kerugian                    amount of allowance for expected credit
         ekspetasian yang tercatat pada setiap                             loss recorded at each period might differ
         periode dapat berbeda tergantung pada                             based on the judgments and estimates that
         pertimbangan atas informasi yang tersedia                         are available or valid at each period.
         atau berlaku pada saat itu.

         Suatu evaluasi yang bertujuan untuk                               Evaluation of financial assets to determine
         mengidentifikasi jumlah cadangan kerugian                         the allowance for expected loss to be
         ekspektasian     yang    harus       dibentuk,                    provided is performed periodically in each
         dilakukan secara berkala pada setiap                              reporting period. Therefore, the timing and
         periode pelaporan. Oleh karena itu, saat                          amount of allowance for expected credit
         dan besaran jumlah cadangan kerugian                              loss recorded at each period might differ
         kredit ekspektasian yang tercatat pada                            based on the judgments and estimates that
         setiap periode dapat berbeda tergantung                           are available or valid at each period.
         pada pertimbangan atas informasi yang
         tersedia atau berlaku pada saat itu.

         Nilai tercatat aset keuangan Grup yang                           The carrying value of the Group’s financial
         diukur pada biaya perolehan diamortisasi                         assets   at   amortized    cost    as    of
         pada tanggal 31 Desember 2023 dan 2022                           December 31, 2023 and 2022 follows:
         sebagai berikut:

                                                     2023              2022


         Kas dan setara kas                        412.934.749       324.480.649    Cash and cash equivalents
         Piutang usaha                              46.091.097        44.947.091    Trade accounts receivable
         Piutang lain-lain                          25.793.897        24.712.367    Other accounts receivable
         Aset lancar dan tidak lancar lain-lain                                     Other current and noncurrent assets
            Setoran jaminan                         11.644.812        11.152.796       Security deposits
            Deposito berjangka yang
               dibatasi pencairannya                 1.677.514         1.893.670       Restricted time deposits
            Rekening giro yang                                                         Restricted cash in current
               dibatasi pencairannya                   804.037          788.563             accounts

         Jumlah                                    498.946.106       407.975.136    Total




                                                           - 39 -
Page 329
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    c.   Transaksi Sewa                                           c.   Lease Transactions

         Grup sebagai penyewa                                          Group as lessee

         Grup telah menandatangani sejumlah                            The Group has entered into various lease
         perjanjian sewa ruangan dan tanah. Grup                       agreements for commercial spaces and
         menentukan      bahwa    sewa     tersebut                    commercial land. The Group has
         memenuhi      kriteria  pengakuan     dan                     determined that those leases meet the
         pengukuran aset hak-guna dan liabilitas                       criteria for recognition and measurement of
         sewa sesuai dengan PSAK No. 73, Sewa.                         right-of-use assets and lease liabilities in
         Grup juga menentukan sejumlah perjanjian                      accordance with PSAK No. 73, Leases.
         sewa termasuk sewa jangka pendek                              The Group has determined certain lease
         dan     menerapkan     ketentuan    dalam                     agreements as short-term leases and
         PSAK      No.    73,   Sewa,     mengenai                     applied PSAK No. 73, Leases, about
         pengecualian sewa jangka pendek.                              exemptions on short-term leases.

         Grup sebagai pesewa                                           Group as lessor

         Grup telah menandatangani sejumlah                            The Group has entered into various lease
         perjanjian sewa ruangan dan lahan. Grup                       agreements for commercial spaces and
         menentukan bahwa sewa tersebut adalah                         land. The Group has determined that those
         sewa operasi karena Grup menanggung                           are operating leases since the Group bears
         secara signifikan seluruh risiko dan manfaat                  substantially all the significant risks and
         dari kepemilikan aset-aset tersebut.                          rewards of ownership of the related assets.

    d.   Pajak Penghasilan                                        d.   Income Taxes

         Pertimbangan yang signifikan dibutuhkan                       Significant judgment is required in
         untuk     menentukan      jumlah      pajak                   determining the provision for income taxes.
         penghasilan. Terdapat sejumlah transaksi                      There are many transactions and
         dan    perhitungan   yang    menimbulkan                      calculations for which the ultimate tax
         ketidakpastian penentuan jumlah pajak                         determination is uncertain due to different
         penghasilan karena interpretasi atas                          interpretation of tax regulations. Where the
         peraturan      pajak   yang      berbeda.                     final tax outcome of these matters is
         Jika hasil pemeriksaan pajak berbeda                          different from the amounts that were initially
         dengan jumlah yang sebelumnya telah                           recorded, such differences will have an
         dibukukan, maka selisih tersebut akan                         impact on the current and deferred income
         berdampak terhadap aset dan liabilitas                        tax assets and liabilities in the period in
         pajak kini dan tangguhan dalam periode                        which such determination is made.
         dimana hasil pemeriksaan tersebut terjadi.

    e.   Pengendalian Bersama pada Pengendalian                   e.   Joint Control in a Jointly Controlled Entities
         Bersama Entitas

         Pengendalian bersama atas suatu aktivitas                     Joint control over an economic activity
         ekonomi terjadi jika keputusan keuangan                       exists only when the strategic financial and
         dan operasional strategis terkait dengan                      operating decisions relating to the activity
         aktivitas tersebut mensyaratkan konsensus                     require unanimous consent of the parties
         dari    seluruh     pihak   yang    berbagi                   sharing control. The Group’s management
         pengendalian.         Manajemen       Grup                    determined that it has joint control over
         menentukan bahwa terdapat pengendalian                        PT Lentera Duasatu Propertindo and
         bersama atas PT Lentera Duasatu                               PT Kreasi Cipta Karsa, since the decisions
         Propertindo dan PT Kreasi Cipta Karsa,                        on economic activities of these entities are
         karena keputusan terkait aktivitas ekonomi                    made jointly by the venturers.
         entitas-entitas tersebut dibuat oleh pihak-
         pihak yang berbagi pengendalian.




                                                        - 40 -
Page 330
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


    Estimasi dan Asumsi                                            Estimates and Assumptions

    Asumsi utama mengenai masa depan dan                           The key assumptions concerning the future and
    sumber utama lain dalam mengestimasi                           other key sources of estimation uncertainty at the
    ketidakpastian pada tanggal pelaporan yang                     reporting date that have a significant risk of
    mempunyai risiko signifikan yang dapat                         causing a material adjustment to the carrying
    menyebabkan penyesuaian material terhadap                      amounts of assets and liabilities within the next
    nilai tercatat aset dan liabilitas dalam periode               financial period are disclosed below. The Group
    berikutnya diungkapkan di bawah ini. Grup                      based its assumptions and estimates on
    mendasarkan asumsi dan estimasi pada                           parameters available when the consolidated
    parameter yang tersedia saat laporan keuangan                  financial statements were prepared. Existing
    konsolidasian disusun. Kondisi yang ada dan                    circumstances and assumptions about future
    asumsi mengenai perkembangan masa depan                        developments may change due to market
    dapat berubah karena perubahan situasi pasar                   changes on circumstances arising beyond the
    yang berada di luar kendali Grup. Perubahan                    control of the Group. Such changes are reflected
    tersebut tercermin dalam asumsi ketika keadaan                 in the assumptions when they occur.
    tersebut terjadi.

    a.   Nilai Wajar Liabilitas Keuangan                           a.   Fair Value of Financial Liabilities

         Standar Akuntansi Keuangan di Indonesia                        Indonesian Financial Accounting Standards
         mensyaratkan pengukuran aset keuangan                          require measurement of certain financial
         dan liabilitas keuangan tertentu pada nilai                    assets and liabilities at fair values, and the
         wajarnya, dan penyajian ini mengharuskan                       disclosure requires the use of estimates.
         penggunaan         estimasi.     Komponen                      Significant component of fair value
         pengukuran nilai wajar yang signifikan                         measurement is determined based on
         ditentukan berdasarkan bukti-bukti obyektif                    verifiable objective evidence (i.e. foreign
         yang dapat diverifikasi (seperti nilai tukar,                  exchange rate, interest rate), while timing
         suku bunga), sedangkan saat dan besaran                        and amount of changes in fair value might
         perubahan nilai wajar dapat menjadi                            differ due to different valuation method
         berbeda karena penggunaan metode                               used.
         penilaian yang berbeda.

         Nilai wajar liabilitas keuangan diungkapkan                    The fair value of financial liabilities are set
         pada Catatan 28.                                               out in Note 28.

    b.   Cadangan Kerugian         Penurunan     Nilai             b.   Allowance for       Decline    in     Value   of
         Persediaan                                                     Inventories

         Grup membentuk cadangan kerugian                               The Group provides allowance for decline
         penurunan nilai persediaan berdasarkan                         in value of inventories based on its
         estimasi bahwa tidak terdapat penggunaan                       estimation that there will be no future usage
         masa depan dari persediaan tersebut, atau                      of such inventories or such inventories will
         terdapat kemungkinan persediaan tersebut                       be slow moving in the future. While it is
         menjadi usang. Manajemen berkeyakinan                          believed that the assumptions used in the
         bahwa asumsi-asumsi yang digunakan                             estimation of the allowance for decline in
         dalam     estimasi  cadangan     kerugian                      the value of inventories reflected in the
         penurunan nilai persediaan dalam laporan                       consolidated financial statements are
         keuangan konsolidasian adalah tepat dan                        appropriate and reasonable, significant
         wajar,    namun    demikian,   perubahan                       changes in these assumptions may
         signifikan dalam asumsi-asumsi tersebut                        materially affect the assessment of the
         dapat berdampak signifikan terhadap nilai                      carrying value of the inventories and
         tercatat persediaan dan jumlah beban                           provision for decline in value of inventories,
         kerugian penurunan nilai persediaan, yang                      which ultimately impact the result of the
         akhirnya akan berdampak pada hasil                             Group’s operations.
         operasi Grup.




                                                         - 41 -
Page 331
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


         Nilai tercatat persediaan bersih pada                             The net carrying value of inventories as of
         tanggal 31 Desember 2023 dan 2022                                 December 31, 2023 and 2022 amounted to
         masing-masing sebesar Rp 2.190.528.008                            Rp 2,190,528,008 and Rp 2,164,787,312,
         dan Rp 2.164.787.312, sedangkan jumlah                            respectively, while the allowance for decline
         cadangan     kerugian  penurunan   nilai                          in value of inventories amounted to
         persediaan sebesar Rp 6.007.600 pada                              Rp 6,007,600 as of December 31, 2023
         tanggal 31 Desember 2023 dan 2022.                                and 2022.

    c.   Estimasi Masa Manfaat Properti Investasi                  c.      Estimated Useful Lives of Investment
         dan Aset Tetap                                                    Properties and Property and Equipment

         Masa manfaat dari masing-masing properti                          The useful life of each of the item of the
         investasi dan aset tetap Grup diestimasi                          Group’s investment properties and property
         berdasarkan jangka waktu aset tersebut                            and equipment are estimated based on the
         diharapkan tersedia untuk digunakan.                              period over which the asset is expected to
         Estimasi      tersebut     didasarkan   pada                      be available for use. Such estimation is
         penilaian kolektif berdasarkan bidang usaha                       based on a collective assessment of similar
         yang sama, evaluasi teknis internal dan                           business, internal technical evaluation and
         pengalaman dengan aset sejenis. Estimasi                          experience with similar assets. The
         masa manfaat setiap aset ditelaah secara                          estimated useful life of each asset is
         berkala dan diperbarui jika estimasi                              reviewed periodically and updated if
         berbeda dari perkiraan sebelumnya yang                            expectations differ from previous estimates
         disebabkan karena pemakaian, usang                                due to physical wear and tear, technical or
         secara teknis atau komersial serta                                commercial obsolescence, and legal or
         keterbatasan hak atau pembatasan lainnya                          other limits on the use of the asset. It is
         terhadap penggunaan aset. Dengan                                  possible, however, that future results
         demikian, hasil operasi di masa mendatang                         of operations could be materially affected
         mungkin       dapat     terpengaruh   secara                      by changes in the amounts and timing of
         signifikan oleh perubahan dalam jumlah dan                        recorded expenses brought about by
         waktu terjadinya biaya karena perubahan                           changes in the factors mentioned above.
         yang disebabkan oleh faktor-faktor yang                           A reduction in the estimated useful life of
         disebutkan di atas. Penurunan estimasi                            any item of investment properties and
         masa manfaat ekonomis setiap properti                             property and equipment would increase the
         investasi dan aset tetap akan menyebabkan                         recorded depreciation and decrease the
         kenaikan beban penyusutan dan penurunan                           carrying values of these assets.
         nilai tercatat aset tersebut.

         Nilai tercatat properti investasi dan aset                        The carrying values of investment
         tetap pada tanggal 31 Desember 2023 dan                           properties and property and equipment as
         2022 sebagai berikut:                                             of December 31, 2023 and 2022 follows:

                                               2023                 2022


         Properti investasi                 1.469.349.139        1.531.519.707      Investment properties
         Aset tetap                           914.892.714         935.777.153       Property and equipment

         Jumlah                             2.384.241.853        2.467.296.860      Total




                                                        - 42 -
Page 332
PT JAKARTA INTERNATIONAL HOTELS &                                        PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                      DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                        (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


    d.   Penurunan Nilai Goodwill                                    d.     Impairment of Goodwill

         Uji penurunan nilai goodwill wajib dilakukan                       Impairment testing of goodwill is required to
         sedikitnya     setahun      sekali     tanpa                       be performed at least annually irrespective
         memperhatikan apakah telah terjadi indikasi                        of whether or not there are indications of
         penurunan nilai. Penentuan nilai pakai aset                        impairment. Determining the value in use of
         tak berwujud membutuhkan estimasi arus                             assets requires the estimation of cash flows
         kas yang diharapkan akan dihasilkan dari                           expected to be generated from the
         pemakaian berkelanjutan dan pelepasan                              continued use and ultimate disposition of
         akhir atas aset tersebut (UPK) serta tingkat                       such assets (CGU) and a suitable discount
         diskonto yang tepat untuk menghitung nilai                         rate in order to calculate the present value.
         kini.

         Manajemen berkeyakinan bahwa asumsi-                               While it is believed that the assumptions
         asumsi yang digunakan dalam estimasi nilai                         used in the estimation of the value in use of
         pakai      dalam      laporan     keuangan                         assets reflected in the consolidated
         konsolidasian adalah tepat dan wajar,                              financial statements are appropriate and
         namun demikian, perubahan signifikan                               reasonable, significant changes in this
         dalam asumsi-asumsi tersebut dapat                                 assumptions may materially affect the
         berdampak signifikan pada jumlah nilai                             assessment of recoverable values and any
         terpulihkan dan jumlah kerugian penurunan                          resulting impairment loss could have a
         nilai yang terjadi mungkin berdampak                               material adverse impact on the results of
         material pada hasil operasi Grup.                                  the Group’s operations.

         Nilai tercatat goodwill adalah sebesar                             The carrying of value of goodwill as of
         Rp 19.255.456 pada tanggal 31 Desember                             December 31, 2023 and 2022 amounted to
         2023 dan 2022.                                                     Rp 19,255,456.

    e.   Penurunan Nilai Aset Non-Keuangan                           e.     Impairment of Non-Financial Assets

         Penelaahan atas penurunan nilai dilakukan                          Impairment review is performed when
         apabila terjadi indikasi penurunan nilai aset                      certain impairment indicators are present.
         tertentu. Penentuan nilai wajar aset                               Determining the fair value of assets requires
         membutuhkan estimasi arus kas yang                                 the estimation of cash flows expected to be
         diharapkan akan dihasilkan dari pemakaian                          generated from the continued use and
         berkelanjutan dan pelepasan akhir atas                             ultimate disposition of such assets.
         aset tersebut. Perubahan signifikan dalam                          Any significant changes in the assumptions
         asumsi-asumsi yang digunakan untuk                                 used in determining the fair value may
         menentukan nilai wajar dapat berdampak                             materially affect the assessment of
         signifikan pada nilai terpulihkan dan jumlah                       recoverable values and any resulting
         kerugian penurunan nilai yang terjadi                              impairment loss could have a material
         mungkin berdampak material pada hasil                              impact on results of the Group’s operations.
         operasi Grup.

         Nilai tercatat aset non-keuangan tersebut                          The carrying values of these assets as of
         pada tanggal 31 Desember 2023 dan 2022                             December 31, 2023 and 2022 follows:
         sebagai berikut:

                                                 2023                2022


         Properti investasi                  1.469.349.139        1.531.519.707      Investment properties
         Aset tetap                            914.892.714         935.777.153       Property and equipment
                                                                                     Investments in shares of stock -
         Investasi saham - Metode ekuitas      357.820.054         356.375.062          Equity method

         Jumlah                              2.742.061.907        2.823.671.922      Total




                                                         - 43 -
Page 333
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


    f.   Imbalan Kerja Jangka Panjang                                f.   Long-term Employee Benefits

         Penentuan liabilitas imbalan kerja jangka                        The determination of the long-term
         panjang dipengaruhi oleh asumsi tertentu                         employee benefits is dependent on the
         yang digunakan oleh aktuaris dalam                               selection of certain assumptions used by
         menghitung jumlah tersebut. Asumsi-                              actuary in calculating such amounts. Those
         asumsi       tersebut     dijelaskan     dalam                   assumptions are described in Note 36 and
         Catatan 36 dan mencakup, antara lain,                            include, among others, rate of salary
         tingkat kenaikan gaji dan tingkat diskonto                       increase and discount rate which is
         yang ditentukan dengan mengacu pada                              determined after giving consideration to
         imbal hasil pasar atas bunga obligasi                            interest rates of Goverment bonds that are
         korporasi Pemerintah dalam mata uang                             denominated in the currency in which the
         yang sama dengan mata uang pembayaran                            benefits are to be paid and have terms of
         imbalan dan memiliki jangka waktu yang                           maturity approximating the terms of the
         mendekati estimasi jangka waktu liabilitas                       related employee benefits liability. Actual
         imbalan kerja jangka panjang tersebut.                           results that differ from the Group’s
         Hasil aktual yang berbeda dengan asumsi                          assumptions         are       charged       to
         Grup      dibukukan      pada       penghasilan                  comprehensive income and therefore,
         komprehensif lain dan dengan demikian,                           generally      affect     the     recognized
         berdampak pada jumlah penghasilan                                comprehensive income and recorded
         komprehensif lain yang diakui dan liabilitas                     obligation in such future periods. While it is
         yang     tercatat     pada      periode-periode                  believed that the Group’s assumptions are
         mendatang.       Manajemen        berkeyakinan                   reasonable and appropriate, significant
         bahwa asumsi-asumsi yang digunakan                               differences in actual experience or
         adalah tepat dan wajar, namun demikian,                          significant changes in assumptions may
         perbedaan signifikan pada hasil aktual, atau                     materially affect the amount of long-term
         perubahan signifikan dalam asumsi-asumsi                         employee benefits liability.
         tersebut dapat berdampak signifikan pada
         jumlah liabilitas imbalan kerja jangka
         panjang.

         Pada tanggal 31 Desember 2023 dan 2022,                          As of December 31, 2023 and 2022,
         liabilitas imbalan kerja jangka panjang                          long-term employee benefits liability
         masing-masing sebesar Rp 76.616.072 dan                          amounted    to    Rp    76,616,072     and
         Rp 72.147.912 (Catatan 36).                                      Rp 72,147,912, respectively (Note 36).

    g.   Aset Pajak Tangguhan                                        g.   Deferred Tax Assets

         Aset pajak tangguhan diakui untuk semua                          Deferred tax assets are recognized for all
         perbedaan temporer antara nilai tercatat                         temporary     differences   between     the
         aset dan liabilitas pada laporan keuangan                        financial statements’ carrying amounts of
         dengan dasar pengenaan pajak jika                                existing assets and liabilities and their
         kemungkinan besar jumlah laba kena pajak                         respective taxes bases to the extent that it
         akan    memadai       untuk   pemanfaatan                        is probable that taxable profit will be
         perbedaan temporer yang diakui. Estimasi                         available against which the temporary
         manajemen yang signifikan diperlukan                             differences can be utilized. Significant
         untuk menentukan jumlah aset pajak                               management estimates are required to
         tangguhan    yang     diakui   berdasarkan                       determine the amount of deferred tax
         kemungkinan waktu terealisasinya dan                             assets that can be recognized, based upon
         jumlah laba kena pajak pada masa                                 the likely timing and the level of future
         mendatang serta strategi perencanaan                             taxable profits together with future tax
         pajak masa depan.                                                planning strategies.

         Pada tanggal 31 Desember 2023 dan 2022,                          As of December 31, 2023 and 2022, gross
         saldo aset pajak tangguhan bruto masing-                         deferred    tax    assets amounted   to
         masing sebesar Rp 180.955.481 dan                                Rp 180,955,481 and Rp 202,389,623,
         Rp 202.389.623 (Catatan 37).                                     respectively (Note 37).




                                                           - 44 -
Page 334
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


    h.   Cadangan untuk Penggantian Peralatan                      h.   Reserve for Replacement of Operating
         Usaha                                                          Equipment

         Grup     membentuk       cadangan    untuk                     The    Group    provides    reserve   for
         penggantian peralatan usaha berdasarkan                        replacement of operating equipment based
         estimasi nilai penggantian peralatan usaha                     on estimated replacement value of lost or
         yang hilang atau rusak.                                        damaged items.

         Manajemen berkeyakinan bahwa asumsi-                           While it is believed that the assumptions
         asumsi yang digunakan dalam estimasi                           used in the estimation of the reserve for the
         cadangan untuk penggantian peralatan                           replacement of operating equipment
         usaha      dalam       laporan     keuangan                    reflected in the consolidated financial
         konsolidasian adalah tepat dan wajar,                          statements are appropriate and reasonable,
         namun demikian, perubahan signifikan                           significant changes in these assumptions
         dalam asumsi-asumsi tersebut dapat                             may materially affect the assessment of the
         berdampak      signifikan    terhadap   nilai                  reserve for replacement of operating
         cadangan untuk penggantian peralatan                           equipment and provision for reserve for
         usaha dan jumlah cadangan penggantian                          replacement of operating equipment, which
         peralatan usaha, yang akhirnya akan                            ultimately impact the result of the Group’s
         berdampak pada hasil operasi Grup.                             operations.

         Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, the
         cadangan untuk penggantian peralatan                           reserve for replacement of operating
         usaha       masing-masing        sebesar                       equipment amounted to Rp 16,405,484 and
         Rp 16.405.484 dan Rp 14.806.016.                               Rp 14,806,016, respectively.

    i.   Taksiran Liabilitas untuk Pembangunan                     i.   Estimated  Liability   for  Infrastructure
         Prasarana, Fasilitas Umum dan Sosial                           Development, Public and Social Facilities

         Grup membentuk taksiran liabilitas untuk                       The Group provides estimated liability for
         pembangunan prasarana, fasilitas umum                          infrastructure development, public and
         dan sosial berdasarkan estimasi biaya yang                     social facilities based on its costs
         dibutuhkan untuk menyelesaikan liabilitas                      estimation that need for completion the
         tersebut di masa mendatang.                                    liability in the future.

         Manajemen berkeyakinan bahwa asumsi-                           While it is believed that the assumptions
         asumsi yang digunakan dalam taksiran                           used in the estimated liability for
         liabilitas untuk pembangunan prasarana,                        infrastructure development, public and
         fasilitas umum dan sosial dalam laporan                        social facilities reflected in the consolidated
         keuangan konsolidasian adalah tepat dan                        financial statements are appropriate and
         wajar,     namun     demikian,   perubahan                     reasonable, significant changes in these
         signifikan dalam asumsi tersebut dapat                         assumptions may materially affect the
         berdampak signifikan terhadap nilai taksiran                   assessment of estimated liability for
         liabilitas untuk pembangunan prasarana,                        infrastructure development, public and
         fasilitas umum dan sosial dan jumlah beban                     social facilities and provision for estimated
         taksiran liabilitas untuk pembangunan                          liability for infrastructure development,
         prasarana, fasilitas umum dan sosial, yang                     public and social facilities, which ultimately
         akhirnya akan berdampak pada hasil                             impact the result of the Group’s operations.
         operasi Grup.

         Pada tanggal 31 Desember 2023 dan 2022,                        As of December 31, 2023 and 2022, the
         taksiran liabilitas untuk pembangunan                          estimated   liability for   infrastructure
         prasarana, fasilitas umum dan sosial                           development, public and social facilities
         sebesar Rp 142.821.007 (Catatan 24).                           amounted to Rp 142,821,007 (Note 24).




                                                         - 45 -
Page 335
PT JAKARTA INTERNATIONAL HOTELS &                                                  PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2023 dan 2022                                                                       December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                  (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)


4.   Aset Pengampunan Pajak                                            4.       Tax Amnesty Assets

     Aset pengampunan             pajak pada tanggal                            Tax amnesty assets as of December 31, 2023
     31 Desember 2023             dan 2022 merupakan                            and 2022 represent investments in shares of
     investasi saham di           perusahaan-perusahaan                         stocks of the following companies:
     berikut ini:

                                                              2023
                                                             dan/and
                                                              2022

     PT First Jakarta International                          3.057.773                   PT First Jakarta International
     PT Manggala Prima Artha                                     5.000                   PT Manggala Prima Artha

     Jumlah                                                  3.062.773                   Total

     Manajemen berpendapat bahwa tidak terdapat                                 Management believes that there is no
     penurunan nilai atas investasi saham tersebut.                             impairment in the value of the aforementioned
                                                                                investment in share of stocks.

     Aset pengampunan pajak dikreditkan pada akun                               Tax amnesty assets were recognized with a
     tambahan modal disetor dalam ekuitas Grup.                                 corresponding credit to additional paid-in
                                                                                capital under the Group’s equity.


5.   Kas dan Setara Kas                                                5.       Cash and Cash Equivalents

                                                      2023                   2022

     Kas                                                                                     Cash on hand
       Rupiah                                         1.628.259              1.945.044         Rupiah
       Mata uang asing (Catatan 43)                     220.468                 68.899         Foreign currencies (Note 43)
       Jumlah - Kas                                   1.848.727              2.013.943           Total - Cash on hand

     Bank                                                                                    Cash in banks
       Pihak berelasi (Catatan 39)                                                             Related party (Note 39)
          PT Bank Artha Graha Internasional Tbk                                                   PT Bank Artha Graha Internasional Tbk
            Rupiah                                   76.689.478             45.324.079               Rupiah
            Dolar Amerika Serikat (Catatan 43)        1.262.707              1.201.835               United States Dollar (Note 43)
          Jumlah                                     77.952.185             46.525.914             Subtotal

       Pihak ketiga                                                                              Third parties
          Rupiah                                                                                    Rupiah
            PT Bank Central Asia Tbk                  9.671.596             13.961.095                 PT Bank Central Asia Tbk
            PT Bank Mandiri (Persero) Tbk             5.887.276              6.201.309                 PT Bank Mandiri (Persero) Tbk
            PT Bank Negara Indonesia (Persero) Tbk    1.019.804              2.781.967                 PT Bank Negara Indonesia (Persero) Tbk
            PT Bank Nationalnobu Tbk                    806.219                267.391                 PT Bank Nationalnobu Tbk
            PT Bank CIMB Niaga Tbk                      411.785                993.684                 PT Bank CIMB Niaga Tbk
            PT Bank Rakyat Indonesia (Persero) Tbk      272.425                 46.916                 PT Bank Rakyat Indonesia (Persero) Tbk
            PT Bank UOB Indonesia                        40.657                 19.499                 PT Bank UOB Indonesia
            PT Bank OCBC NISP Tbk                         9.720                      -                 PT Bank OCBC NISP Tbk
          Dolar Amerika Serikat (Catatan 43)                                                        United States Dollar (Note 43)
            PT Bank Central Asia Tbk                  2.367.572               957.668                  PT Bank Central Asia Tbk
            PT Bank CIMB Niaga Tbk                       53.569                55.685                  PT Bank CIMB Niaga Tbk
            PT Bank Mandiri (Persero) Tbk                18.756               304.851                  PT Bank Mandiri (Persero) Tbk
            PT Bank KB Bukopin Tbk                       15.102                     -                  PT Bank KB Bukopin Tbk
          Jumlah                                     20.574.481             25.590.065             Subtotal
       Jumlah - Bank                                 98.526.666             72.115.979           Total - Cash in banks




                                                             - 46 -
Page 336
PT JAKARTA INTERNATIONAL HOTELS &                                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2023 dan 2022                                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)


                                                         2023                  2022

     Deposito berjangka                                                                       Time deposits
       Pihak berelasi (Catatan 39)                                                               Related party (Note 39)
          PT Bank Artha Graha Internasional Tbk                                                    PT Bank Artha Graha Internasional Tbk
             Rupiah                                    179.295.765         130.798.004                Rupiah
             Dolar Amerika Serikat (Catatan 43)         48.607.056          41.324.696                United States Dollar (Note 43)
            Jumlah                                     227.902.821         172.122.700                Subtotal

          Pihak ketiga                                                                          Third parties
             Rupiah                                                                                Rupiah
               PT Bank Nationalnobu Tbk                 28.000.000          18.000.000                PT Bank Nationalnobu Tbk
               PT Bank Mayapada Internasional Tbk       13.029.101          22.757.165                PT Bank Mayapada Internasional Tbk
               PT Bank KB Bukopin Tbk                   10.000.000                   -                PT Bank KB Bukopin Tbk
               PT Bank Central Asia Tbk                  7.462.808          11.149.943                PT Bank Central Asia Tbk
             Dolar Amerika Serikat (Catatan 43)                                                    United States Dollar (Note 43)
               PT Bank Central Asia Tbk                 14.821.996          15.041.419                PT Bank Central Asia Tbk
               PT Bank KB Bukopin Tbk                   11.342.630                   -                PT Bank KB Bukopin Tbk
               PT Bank Mayapada Internasional Tbk                -          11.279.500                PT Bank Mayapada Internasional Tbk
            Jumlah                                      84.656.535          78.228.027                Subtotal
          Jumlah - Deposito berjangka                  312.559.356         250.350.727          Total - Time deposits

     Jumlah                                            412.934.749         324.480.649        Total

     Suku bunga deposito berjangka                                                            Interest rates per annum on
       per tahun:                                                                                time deposits:
       Rupiah                                         1,90%-7,00%         1,90% - 6,50%          Rupiah
       Dolar Amerika Serikat                          0,15%-4,50%         0,75% - 2,75%          United States Dollar



6.   Piutang Usaha                                                        6.      Trade Accounts Receivable

     a.      Berdasarkan Pelanggan                                                a.      By Debtor
                                                          2023                   2022

             Pihak berelasi (Catatan 39)                                                         Related parties (Note 39)
                Rupiah                                                                                Rupiah
                     Jasa Manajemen Perhotelan           3.432.531              2.873.227                Hotel Management Services
                     Hotel                               2.913.023              2.736.151                Hotel
                     Jasa Telekomunikasi                 1.220.495              1.343.082                Telecommunication Services

                Jumlah                                   7.566.049              6.952.460             Subtotal
                Cadangan kerugian penurunan nilai         (388.595)              (388.537)            Allowance for impairment

                Bersih                                   7.177.454              6.563.923             Net

              Pihak ketiga                                                                       Third parties
                 Rupiah                                                                             Rupiah
                   Hotel                                                                               Hotel
                       City Ledger                      33.830.919             24.325.158                 City Ledger
                       In House Guest                   10.774.744             12.080.335                 In House Guest
                       Kartu Kredit                      2.069.613              2.218.324                 Credit Cards
                       Sewa Ruangan                      1.542.513                258.104                 Store Rental
                   Real Estat                            9.296.833             10.916.176              Real Estate
                   Jasa Telekomunikasi                   6.378.938              7.051.413              Telecommunication Services
                   Jasa Manajemen Perhotelan             3.960.824              3.422.418              Hotel Management Services
                 Dolar Amerika Serikat (Catatan 43)                                                 United States Dollar (Note 43)
                   Jasa Telekomunikasi                   2.739.929                924.126              Telecommunication Services

                Jumlah                                   70.594.313             61.196.054            Subtotal
                Cadangan kerugian penurunan nilai       (31.680.670)           (22.812.886)           Allowance for impairment

                Bersih                                  38.913.643             38.383.168             Net

             Jumlah                                     46.091.097             44.947.091        Total




                                                                 - 47 -
Page 337
PT JAKARTA INTERNATIONAL HOTELS &                                              PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                            DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2023 dan 2022                                                                   December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


    b.    Berdasarkan Umur                                                b.      By Age

                                                         2023                  2022

           Pihak berelasi (Catatan 39)                                                      Related parties (Note 39)
              Belum jatuh tempo                          2.237.765             2.374.812      Not past due
              Jatuh tempo                                                                     Past due
                 1 bulan - 3 bulan                       4.891.763             1.014.197         1 month - 3 months
                 > 3 bulan - 6 bulan                       436.521             1.029.895         > 3 months - 6 months
                 > 6 bulan                                       -             2.533.556         > 6 months
             Jumlah                                      7.566.049             6.952.460       Subtotal
             Cadangan kerugian penurunan nilai               (388.595)          (388.537)      Allowance for impairment
             Bersih                                      7.177.454             6.563.923       Net

           Pihak ketiga                                                                     Third parties
              Belum jatuh tempo                         35.075.283          27.912.192         Not past due
              Jatuh tempo                                                                      Past due
                 1 bulan - 3 bulan                       3.632.437          10.910.973            1 month - 3 months
                 > 3 bulan - 6 bulan                     4.698.625           1.415.523            > 3 months - 6 months
                 > 6 bulan                              27.187.968          20.957.366            > 6 months
             Jumlah                                     70.594.313          61.196.054         Subtotal
             Cadangan kerugian penurunan nilai         (31.680.670)        (22.812.886)        Allowance for impairment
             Bersih                                     38.913.643          38.383.168         Net

           Jumlah                                       46.091.097          44.947.091      Total



    Piutang real estat terutama merupakan piutang                         Trade accounts receivable - real estate mainly
    sewa “Pacific Place Mall” dan “One Pacific                            represent receivables from rental of “Pacific
    Place”.                                                               Place Mall” and “One Pacific Place”.

    City ledger, in house guest dan sewa ruangan                          City ledger, in house guest and store rental
    merupakan tagihan kepada pelanggan dan                                represent receivables from the hotel’s guests and
    penyewa ruangan hotel.                                                store tenants.

    Pada tanggal 31 Desember 2022, piutang usaha                          As of December 31, 2022, trade accounts
    milik Hotel Borobudur Jakarta dijadikan jaminan                       receivable of Hotel Borobudur Jakarta are used
    atas utang bank jangka panjang (Catatan 27).                          as collateral for long-term bank loan (Note 27).

    Mutasi cadangan kerugian             penurunan   nilai                The changes in allowance for impairment follows:
    adalah sebagai berikut:

                                                        2023                   2022

     Saldo awal tahun                                 23.201.423           21.689.528       Balance at the beginning of the year
     Penambahan - bersih                               8.867.842            1.720.033       Provision - net
     Penghapusan                                               -             (208.138)      Write-off

     Saldo akhir tahun                                32.069.265           23.201.423       Balance at the end of the year




                                                              - 48 -
Page 338
PT JAKARTA INTERNATIONAL HOTELS &                                          PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                        DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2023 dan 2022                                                               December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                          (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)


     Grup      menerapkan       pendekatan      yang                    The Group applies the simplified approach to
     disederhanakan untuk menghitung cadangan                           provide for expected credit lossess prescribed
     kerugian ekspetasian yang disyaratkan oleh                         by PSAK No. 71, which requires the use of
     PSAK No. 71, yang memperbolehkan penerapan                         lifetime expected loss provision for all trade
     cadangan kerugian ekspetasian sepanjang                            accounts receivable with no significant financing
     umurnya untuk seluruh piutang usaha tanpa                          component. To measure the expected credit
     komponen       pendanaan     signifikan.  Untuk                    losses, trade accounts receivables have been
     mengukur cadangan kerugian ekspetasian                             grouped based on shared credit risk
     tersebut,    piutang   usaha      dikelompokkan                    characteristics and the days past due.
     berdasarkan karakteristik risiko kredit yang
     sejenis dan pola tunggakan atau gagal bayar.

     Manajemen berpendapat bahwa cadangan                              Management believe that the allowance for
     kerugian    penurunan     nilai  pada tanggal                     impairment as of December 31, 2023 and 2022
     31 Desember 2023 dan 2022 memadai untuk                           is adequate to cover possible losses from
     menutup kemungkinan kerugian atas tidak                           uncollectible accounts.
     tertagihnya piutang usaha tersebut.


7.   Piutang Lain-lain                                          7.     Other Accounts Receivable

                                               2023                  2022

     Aset Lancar                                                                  Current Assets
       Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
          Bunga                                 164.017               106.130          Interest
          Lain-lain                              49.760                49.760          Others

          Jumlah                                213.777               155.890             Subtotal

        Pihak ketiga                                                                 Third parties
           Piutang dari karyawan                 129.571            357.538             Receivables from employees
           Bunga                                 110.894             64.200             Interest
           Lain-lain                          11.760.926         11.597.226             Others
          Jumlah                              12.001.391         12.018.964               Subtotal

        Jumlah                                12.215.168         12.174.854          Total

     Aset Tidak Lancar                                                            Noncurrent Assets
       Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
          PT Lentera Duasatu Propertindo      17.710.000         17.710.000           PT Lentera Duasatu Propertindo
          PT Kharisma Arya Paksi               1.020.000          1.020.000           PT Kharisma Arya Paksi

          Jumlah                              18.730.000         18.730.000               Subtotal
          Cadangan kerugian penurunan nilai   (9.245.897)        (9.245.897)              Allowance for impairment

        Bersih                                 9.484.103             9.484.103       Net

        Pihak ketiga                           7.900.000          4.200.000          Third party
        Cadangan kerugian penurunan nilai     (3.805.374)        (1.146.590)         Allowance for impairment

        Bersih                                 4.094.626             3.053.410       Net

        Jumlah - Bersih                       13.578.729         12.537.513          Total - Net

     Jumlah                                   25.793.897         24.712.367       Total




                                                       - 49 -
Page 339
PT JAKARTA INTERNATIONAL HOTELS &                                                   PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                 DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2023 dan 2022                                                                        December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                   (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)


     Mutasi cadangan kerugian             penurunan     nilai                   The changes in allowance for impairment
     adalah sebagai berikut:                                                    follows:

                                                         2023                     2022

     Saldo awal tahun                                    10.392.487                  9.692.727    Balance at the beginning of the year
     Penambahan                                           2.658.784                    719.467    Provisions
     Pemulihan                                                    -                    (19.707)   Recovery

     Saldo akhir tahun                                   13.051.271              10.392.487       Balance at the end of the year


     Manajemen berpendapat bahwa cadangan                                       Management believe that the allowance for
     kerugian    penurunan     nilai pada tanggal                               impairment as of December 31, 2023 and 2022
     31 Desember 2023 dan 2022 memadai untuk                                    is adequate to cover possible losses from
     menutup kemungkinan kerugian atas tidak                                    uncollectible account.
     tertagihnya piutang tersebut.


8.   Persediaan                                                          8.     Inventories
                                                         2023                    2022

     Aset Lancar                                                                                  Current Assets
       Persediaan real estat (a)                        26.857.856              28.746.460          Real estate (a)
       Barang dan perlengkapan hotel (b)                 9.089.319               8.636.834          Hotel inventories and supplies (b)
       Lain-lain                                         1.422.747               1.614.166          Others

          Jumlah                                        37.369.922              38.997.460          Total

     Aset Tidak Lancar                                                                            Noncurrent Assets
       Persediaan real estat (a)                      2.153.158.086           2.125.789.852         Real estate (a)

     Jumlah                                           2.190.528.008           2.164.787.312       Total


     a.     Persediaan Real Estat                                               a.      Real Estate Inventories

                                                         2023                    2022

            Aset Lancar                                                                           Current Assets
              Bangunan yang siap dijual                  26.857.856              28.746.460         Buildings ready for sale

            Aset Tidak Lancar                                                                     Noncurrent Assets
              Tanah yang sedang dikembangkan          2.047.393.313           2.020.025.079         Land under development
              Bangunan yang sedang dikonstruksi         111.772.373             111.772.373         Buildings under construction
               Jumlah                                 2.159.165.686           2.131.797.452          Subtotal
               Cadangan kerugian penurunan nilai         (6.007.600)             (6.007.600)         Allowance for decline in value

               Bersih                                 2.153.158.086           2.125.789.852          Net



            Persediaan bangunan yang siap dijual                                        Buildings ready for sale consist of strata
            terdiri dari apartemen strata title “SCBD                                   title apartments in “SCBD Suites” and
            Suites” dan “Kusuma Candra” dan ruang                                       “Kusuma Candra” and commercial space at
            komersial di gedung perkantoran “Equity                                     office building “Equity Tower”.
            Tower”.




                                                                - 50 -
Page 340
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


         Persediaan      tanah      yang     sedang                     The parcels of land under development
         dikembangkan termasuk tanah di Lot 6, 7                        include land located at Lot 6, 7 and 8
         dan 8 KNTS yang masing-masing dimiliki                         SCBD,      owned   by     PT    Grahamas
         oleh      PT     Grahamas       Adisentosa,                    Adisentosa, PT Artharaya Unggul Abadi
         PT     Artharaya    Unggul    Abadi    dan                     and PT Intigraha Arthayasa, respectively,
         PT Intigraha Arthayasa, entitas anak, dan                      subsidiaries, and included accumulated
         termasuk akumulasi biaya proyek gedung                         construction costs of “Signature Tower”
         “Signature Tower” yang akan didirikan di                       which will be developed on the
         atas lahan-lahan tersebut.                                     aforementioned parcels of land.

         Bangunan yang sedang dikonstruksi                              Building under construction represents
         merupakan     akumulasi biaya proyek                           accumulated construction costs of strata
         apartemen strata title yang berlokasi                          title apartments located at Lot 23-A SCBD.
         di Lot 23-A KNTS.

         Hak legal atas tanah persediaan real estat                     The legal rights over the land in the form of
         berupa HGB atas nama Grup berlaku                              HGB under the name of Group are valid
         sampai 2035. Manajemen berpendapat                             until 2035. Management believes that there
         tidak terdapat masalah dalam perpanjangan                      will be no difficulty in the extension of the
         dan proses sertifikasi hak atas tanah karena                   terms of the landrights since all the land
         seluruh tanah diperoleh secara sah dan                         were acquired legally and supported by
         didukung dengan bukti pemilikan yang                           sufficient evidence of ownership.
         memadai.

         Persediaan       tanah     yang     sedang                     Land under development located at Lot 14
         dikembangkan yang berlokasi di Lot 14                          SCBD which owned by PT Nusagraha
         KNTS milik PT Nusagraha Adicitra, entitas                      Adicitra, a subsidiary, is pledged for
         anak, dijadikan jaminan atas pinjaman yang                     collateral on loans received by DA, a
         diperoleh       DA,       entitas      anak                    subsidiary (Notes 16 and 27) from PT Bank
         (Catatan 16 dan 27) dari PT Bank Artha                         Artha Graha Internasional Tbk, a related
         Graha Internasional Tbk, pihak berelasi.                       party.

         Manajemen berpendapat bahwa cadangan                           The management believes that the
         kerugian penurunan nilai yang dibentuk                         allowance for decline in value of inventories
         adalah cukup untuk menutup kemungkinan                         is adequate to cover possible losses from
         kerugian atas penurunan nilai persediaan.                      the decline in value of the real estate
                                                                        inventories.

    b.   Barang dan Perlengkapan Hotel                            b.    Hotel Inventories and Supplies

                                               2023              2022

         Makanan dan minuman                   6.860.725         6.434.625    Food and beverages
         Perlengkapan hotel                    1.328.134         1.116.854    Hotel operating supplies
         Perlengkapan teknik                     900.460         1.085.355    Engineering supplies

         Jumlah                                9.089.319         8.636.834    Total



         Tidak     terdapat    cadangan    kerugian                     No allowance for decline in value was
         penurunan nilai untuk barang dan                               provided for hotel inventories and supplies
         perlengkapan hotel, karena manajemen                           since the management believes that all
         berkeyakinan bahwa seluruh persediaan                          inventories and supplies are saleable or
         dapat dijual atau digunakan sesuai dengan                      usable within their intended period of
         periode peruntukannya.                                         usage.




                                                        - 51 -
Page 341
PT JAKARTA INTERNATIONAL HOTELS &                                             PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                           DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                             (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


9.    Pajak Dibayar di Muka                                       9.     Prepaid Taxes

                                              2023                     2022

      Pajak Pertambahan Nilai - bersih       24.181.908            36.817.647        Value Added Tax - net
      Pajak Penghasilan                                                              Income Taxes
        Pasal 4 (2) - Final                   5.960.175                6.372.839        Article 4 (2) - Final
        Pasal 28a (Catatan 37)                                                          Article 28a (Note 37)
           2021                                          -               715.597           2021

      Jumlah                                 30.142.083            43.906.083        Total


      Pada tanggal 23 Maret 2022, PPJ, entitas anak,                      On March 23, 2022, PPJ, a subsidiary, received
      menerima Surat Ketetapan Pajak Lebih Bayar                          an Overpayment Tax Assessment Letter
      (SKPLB) PPh Badan tahun pajak 2020 sebesar                          (SKPLB) for Corporate Income Tax for fiscal
      Rp 4.924.477. PPJ telah menerima pembayaran                         year 2020 amounting to Rp 4,924,477. PPJ has
      SKPLB tersebut pada tanggal 27 April 2022                           received the payment of SKPLB on April 27,
      sebesar Rp 4.279.937 setelah dikurangi Surat                        2022 amounting to Rp 4,279,937 net of
      Ketetapan Pajak Kurang Bayar (SKPKB).                               Underpayment Tax Assessment Letter (SKPKB).

      Pada tanggal 6 April 2023, PPJ menerima Surat                       On April 6, 2023, PPJ, received an Overpayment
      Ketetapan Pajak Lebih Bayar (SKPLB) PPh                             Tax Assessment Letter (SKPLB) for Corporate
      Badan tahun pajak 2021 sebesar Rp 715.231.                          Income Tax for fiscal year 2021 amounting to
      PPJ telah menerima pembayaran SKPLB                                 Rp 715,231. PPJ has received the payment of
      tersebut pada tanggal 16 Mei 2023 sebesar                           SKPLB on May 16, 2023 amounting to
      Rp 433.822 setelah dikurangi Surat Ketetapan                        Rp 433,822 net of Underpayment Tax
      Pajak Kurang Bayar (SKPKB).                                         Assessment Letter (SKPKB).


10.   Biaya Dibayar di Muka                                       10.    Prepaid Expenses

                                             2023                  2022

      Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
         Asuransi                            4.908.529             4.777.750         Insurance
         Sewa                                  206.542               251.167         Rental
         Lain-lain                             186.624                11.556         Others
        Jumlah                               5.301.695             5.040.473         Subtotal

      Pihak ketiga                                                                 Third parties
         Pemasaran                          12.556.454            13.695.544          Marketing
         Sewa                                1.491.023               853.621          Rental
         Asuransi                            1.246.716                61.037          Insurance
         Lain-lain                           1.640.701             2.775.862          Others
        Jumlah                              16.934.894            17.386.064         Subtotal

      Jumlah                                22.236.589            22.426.537       Total
      Dikurangi bagian jangka pendek        12.929.564            12.508.399       Less current portion

      Bagian jangka panjang                  9.307.025             9.918.138       Long-term portion




                                                         - 52 -
Page 342
PT JAKARTA INTERNATIONAL HOTELS &                                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2023 dan 2022                                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)


11.   Investasi Saham                                                    11.     Investments in Shares of Stock

                                                     2023                 2022

      Investasi saham - Metode ekuitas                                                    Investments in shares of stock - Equity method
         Investasi pada entitas asosiasi                                                     Investment in associates
            PT First Jakarta International         38.828.556            48.212.556             PT First Jakarta International
            PT Bina Mulia Unika                     5.912.903             5.767.994             PT Bina Mulia Unika
            PT Golden Pasifik Mas                     984.000               984.000             PT Golden Pasifik Mas
         Investasi pada ventura bersama                                                      Investment in joint ventures
            PT Kreasi Cipta Karsa                 278.022.502         260.597.467               PT Kreasi Cipta Karsa
            PT Lentera Duasatu Propertindo         34.072.093          40.813.045               PT Lentera Duasatu Propertindo

      Jumlah                                      357.820.054         356.375.062         Total



      Investasi pada Entitas Asosiasi                                            Investments in Associates

      Akun ini merupakan investasi Perusahaan pada                               These represents investment of the Company in
      saham PT First Jakarta International (FJI),                                shares of PT First Jakarta International (FJI),
      investasi CW, entitas anak, pada saham PT Bina                             investment of CW, a subsidiary, in shares of
      Mulia Unika (BMU) dan investasi DHR, entitas                               PT Bina Mulia Unika (BMU), and investment of
      anak, pada saham PT Golden Pasifik Mas                                     DHR, a subsidiary, in shares of PT Golden
      dengan rincian sebagai berikut:                                            Pasifik Mas, with details as follows:

                                                                Nilai Tercatat       Ekuitas pada               Rugi              Nilai Tercatat
                                                                  Investasi           Laba (rugi)         komprehensif lain         Investasi
                                              Persentase      1 Januari 2023/       Tahun Berjalan/        Tahun Berjalan/    31 Desember 2023/
                                             Kepemilikan/    Carrying value of         Share in         Other comprehensive    Carrying value of
                    Nama Entitas/            Percentage of     Investment at       Income (loss) for            Loss             Investment at
                  Name of Companies           Ownership      January 1, 2023           the Year               the Year        December 31, 2023
                                                  %

      PT First Jakarta International                  9,31         48.212.556             (9.382.580)              (1.420)           38.828.556
      PT Bina Mulia Unika                            20,00          5.767.994                144.909                    -             5.912.903
      PT Golden Pasifik Mas                          30,00            984.000                      -                    -               984.000

      Jumlah/Total                                                 54.964.550             (9.237.671)              (1.420)           45.725.459



                                                                Nilai Tercatat        Ekuitas pada              Rugi              Nilai Tercatat
                                                                  Investasi            Laba (rugi)        komprehensif lain         Investasi
                                              Persentase      1 Januari 2022/        Tahun Berjalan/       Tahun Berjalan/    31 Desember 2022/
                                             Kepemilikan/    Carrying value of          Share in        Other comprehensive    Carrying value of
                     Nama Entitas/           Percentage of     Investment at        Income (loss) for           Loss             Investment at
                   Name of Companies          Ownership      January 1, 2022            the Year              the Year        December 31, 2022
                                                  %

      PT First Jakarta International                  9,31          57.223.487            (9.009.732)               (1.199)          48.212.556
      PT Bina Mulia Unika                            20,00           5.626.979               141.015                     -            5.767.994
      PT Golden Pasifik Mas                          30,00             984.000                     -                     -              984.000

      Jumlah/Total                                                  63.834.466            (8.868.717)               (1.199)          54.964.550




                                                                - 53 -
Page 343
PT JAKARTA INTERNATIONAL HOTELS &                                                   PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                 DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2023 dan 2022                                                                        December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                   (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)


    Investasi pada Ventura Bersama                                               Investments in Joint Ventures

    Akun ini merupakan investasi AP dan GPS,                                     These represent investments of AP and GPS,
    entitas anak, masing-masing pada saham                                       subsidiaries, in shares of PT Kreasi Cipta Karsa
    PT Kreasi Cipta Karsa (KCK) dan PT Lentera                                   (KCK) and PT Lentera Duasatu Propertindo
    Duasatu Propertindo (LDP) dengan rincian                                     (LDP), respectively, with details as follows:
    sebagai berikut:

                                                                                 Nilai Tercatat       Ekuitas pada           Nilai Tercatat
                                                                                   Investasi           Laba (rugi)             Investasi
                                                         Persentase            1 Januari 2023/       Tahun Berjalan/     31 Desember 2023/
                                                        Kepemilikan/          Carrying value of         Share in          Carrying value of
                      Nama Entitas/                     Percentage of           Investment at       Income (loss) for       Investment at
                    Name of Companies                    Ownership            January 1, 2023           the Year         December 31, 2023
                                                             %

     PT Kreasi Cipta Karsa                                      40,00             260.597.467            17.425.035            278.022.502
     PT Lentera Duasatu Propertindo                             48,95              40.813.045            (6.740.952)            34.072.093

     Jumlah/Total                                                                 301.410.512            10.684.083            312.094.595


                                                             Nilai Tercatat                             Ekuitas pada         Nilai Tercatat
                                                               Investasi                                    Laba               Investasi
                                         Persentase        1 Januari 2022/         Penambahan          Tahun Berjalan/   31 Desember 2022/
                                        Kepemilikan/      Carrying value of          Investasi/           Share in        Carrying value of
               Nama Entitas/            Percentage of       Investment at            Additional           Profit for        Investment at
             Name of Companies           Ownership        January 1, 2022           Investment            the Year       December 31, 2022
                                             %

     PT Kreasi Cipta Karsa                      40,00         212.702.453              39.536.000            8.359.014         260.597.467
     PT Lentera Duasatu Propertindo             48,95          39.632.629                       -            1.180.416          40.813.045

     Jumlah/Total                                             252.335.082              39.536.000            9.539.430         301.410.512


    Berdasarkan Akta No. 32 tanggal 6 Desember                                   Based on the Notarial Deed No. 32 dated
    2022 dari Edison Jingga, S.H., M.H., notaris di                              December 6, 2022 of Edison Jingga, S.H., M.H.,
    Jakarta, para pemegang saham KCK menyetujui                                  public notary in Jakarta, the shareholders of
    peningkatan modal ditempatkan dan disetor KCK                                KCK agreed to increase the issued and paid-up
    dari Rp 570.000.000 menjadi Rp 668.840.000                                   capital of KCK from Rp 570,000,000 to
    yang diambil bagian secara proporsional oleh AP                              Rp     668,840,000     which   was   acquired
    dan PT Agung Sedayu.                                                         proportionally by AP and PT Agung Sedayu.

    Manajemen berpendapat bahwa tidak terdapat                                   Management believes that there is no
    penurunan nilai dari investasi saham di atas.                                impairment in the value of the aforementioned
                                                                                 investments in shares of stocks.




                                                               - 54 -
Page 344
PT JAKARTA INTERNATIONAL HOTELS &                                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
31 Desember 2023 dan 2022                                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)


12.   Properti Investasi                                                    12.    Investment Properties

      Akun ini merupakan tanah yang dimiliki                                       These represent land owned by the Company
      Perusahaan yang berlokasi di Pondok Cabe,                                    located in Pondok Cabe, Sawangan, West Java,
      Sawangan, Jawa Barat, tanah dalam rangka                                     land under Build, Operate and Transfer
      Bangun, Kelola dan Alih yang berlokasi di Lot 11                             Agreement located at Lot 11 SCBD, Annexe
      KNTS, Gedung Tambahan – Lot 25, yang                                         Building – Lot 25 located in SCBD and land and
      berlokasi di KNTS dan tanah dan bangunan yang                                buildings located in Lot 4 SCBD, which are
      berlokasi di Lot 4 KNTS yang dimiliki oleh DA,                               owned by DA, a subsidiariy, land and buildings of
      entitas anak, tanah dan bangunan “Pacific Place                              “Pacific Place Mall” and “One Pacific Place”,
      Mall” dan “One Pacific Place” yang dimiliki PPJ,                             owned by PPJ, a subsidiary, land and building of
      entitas anak, tanah dan bangunan Gedung A                                    Building A located at Lot 18 SCBD owned by
      yang berlokasi di Lot 18 KNTS yang dimiliki CW,                              CW, a subsidiary, and building of “Revenue
      entitas anak, serta bangunan “Revenue Tower”                                 Tower” owned by AP, a subsidiary. Pacific Place
      yang dimiliki oleh AP, entitas anak. Pacific Place                           Mall, One Pacific Place, Building A, Building Lot
      Mall, One Pacific Place, Gedung A, Gedung Lot                                4, and Revenue Tower are being leased out to
      4, dan Revenue Tower disewakan kepada pihak                                  third parties to generate rental income.
      ketiga untuk memperoleh pendapatan sewa.

                                                                   Perubahan selama tahun 2023/
                                                                       Changes during 2023
                                    Luas area/   1 Januari 2023/   Penambahan/     Pengurangan/   31 Desember 2023/
                                      Area       January 1, 2023    Additions        Deductions   December 31, 2023
                                     m2/sqm

      Biaya perolehan:                                                                                                At cost:
         Tanah                                                                                                           Land
           Sawangan                     27.655         7.093.148        756.569               -           7.849.717         Sawangan
           Tanah dalam rangka                                                                                               Land under Build,
               Bangun, Kelola                                                                                                  Operate and
               dan Alih - Lot 11         5.065        61.961.605              -               -          61.961.605            Transfer - Lot 11
         Pacific Place Mall             85.261     1.674.973.808      3.003.002               -       1.677.976.810      Pacific Place Mall
         One Pacific Place              10.729       112.147.094        128.232               -         112.275.326      One Pacific Place
         Gedung A - Lot 18               5.251       106.909.710              -               -         106.909.710      Building A - Lot 18
         Gedung - Lot 4                    866        56.366.180              -               -          56.366.180      Building - Lot 4
         Revenue Tower                  40.000       574.808.940      4.500.000               -         579.308.940      Revenue Tower
         Gedung Tambahan - Lot 25        1.986       220.365.573              -               -         220.365.573      Annexe Building - Lot 25
      Jumlah                           176.813     2.814.626.058      8.387.803               -       2.823.013.861   Total

      Akumulasi penyusutan:                                                                                           Accumulated depreciation:
        Pacific Place Mall                         1.073.123.847     34.258.860               -       1.107.382.707     Pacific Place Mall
        One Pacific Place                             64.940.592      2.248.555               -          67.189.147     One Pacific Place
        Gedung A - Lot 18                             55.160.030      3.284.133               -          58.444.163     Building A - Lot 18
        Gedung - Lot 4                                16.680.201      2.496.883               -          19.177.084     Building - Lot 4
        Revenue Tower                                 58.080.672     19.197.335               -          77.278.007     Revenue Tower
        Gedung Tambahan - Lot 25                      15.121.009      9.072.605               -          24.193.614     Annexe Building - Lot 25
      Jumlah                                       1.283.106.351     70.558.371               -       1.353.664.722   Total

      Nilai Tercatat                               1.531.519.707                                      1.469.349.139   Net Book Value




                                                                   - 55 -
Page 345
PT JAKARTA INTERNATIONAL HOTELS &                                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2023 dan 2022                                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                              unless Otherwise Stated)


                                                                 Perubahan selama tahun 2022/
                                                                     Changes during 2022
                                  Luas area/   1 Januari 2022/   Penambahan/     Pengurangan/   31 Desember 2022/
                                    Area       January 1, 2022    Additions        Deductions   December 31, 2022
                                   m2/sqm

    Biaya perolehan:                                                                                                At cost:
       Tanah                                                                                                           Land
         Sawangan                     27.655         6.219.896        873.252               -           7.093.148         Sawangan
         Tanah dalam rangka                                                                                               Land under Build,
             Bangun, Kelola                                                                                                  Operate and
             dan Alih - Lot 11         5.065        61.711.605        250.000               -          61.961.605            Transfer - Lot 11
       Pacific Place Mall             85.261     1.656.541.136     18.432.672               -       1.674.973.808      Pacific Place Mall
       One Pacific Place              10.729       112.144.694          2.400               -         112.147.094      One Pacific Place
       Gedung A - Lot 18               5.251       106.909.710              -               -         106.909.710      Building A - Lot 18
       Gedung - Lot 4                    866        55.460.723        905.457               -          56.366.180      Building - Lot 4
       Revenue Tower                  40.000       574.808.940              -               -         574.808.940      Revenue Tower
       Gedung Tambahan - Lot 25        1.986       208.583.307     11.782.266               -         220.365.573      Annexe Building - Lot 25
    Jumlah                           176.813     2.782.380.011     32.246.047               -       2.814.626.058   Total

    Akumulasi penyusutan:                                                                                           Accumulated depreciation:
      Pacific Place Mall                         1.040.229.887     32.893.960               -       1.073.123.847     Pacific Place Mall
      One Pacific Place                             62.706.638      2.233.954               -          64.940.592     One Pacific Place
      Gedung A - Lot 18                             53.099.519      2.060.511               -          55.160.030     Building A - Lot 18
      Gedung - Lot 4                                13.504.225      3.175.976               -          16.680.201     Building - Lot 4
      Revenue Tower                                 39.222.843     18.857.829               -          58.080.672     Revenue Tower
      Gedung Tambahan - Lot 25                       5.616.590      9.504.419               -          15.121.009     Annexe Building - Lot 25
    Jumlah                                       1.214.379.702     68.726.649               -       1.283.106.351   Total

    Nilai Tercatat                               1.568.000.309                                      1.531.519.707   Net Book Value



    Pendapatan sewa atas properti investasi yang                                 Rental income from investment properties
    diakui selama tahun 2023 dan 2022 masing-                                    recognized in 2023 and 2022 amounted to
    masing     sebesar   Rp    411.430.874    dan                                Rp    411,430,874    and     Rp    364,425,922,
    Rp 364.425.922, dilaporkan sebagai bagian dari                               respectively, which was reported as part of
    “Pendapatan     usaha”   dalam     laba   rugi                               “Revenues” in profit or loss (Note 32).
    (Catatan 32). Beban penyusutan properti                                      Depreciation of investment properties in 2023
    investasi selama tahun 2023 dan 2022 masing-                                 and 2022 amounted to Rp 70,558,371 and
    masing     sebesar    Rp    70.558.371    dan                                Rp 68,726,649, respectively, which was recorded
    Rp 68.726.649 disajikan sebagai bagian dari                                  as part of “Cost of revenues” in profit or loss
    “Beban pokok penjualan” dalam laba rugi                                      (Note 33).
    (Catatan 33).

    Pacific Place Mall dan One Pacific Place                                     Pacific Place Mall and One Pacific Place are
    diasuransikan secara gabungan dengan aset                                    insured under blanket policy with property and
    tetap (Catatan 13).                                                          equipment (Note 13).

    Pada tanggal 31 Desember 2023 dan 2022,                                      As of December 31, 2023 and 2022, Building A
    Gedung     A    telah  diasuransikan    kepada                               has been insured to PT Arthagraha General
    PT Arthagraha General Insurance (AGI), pihak                                 Insurance (AGI), a related party, on “Property all
    berelasi, berupa “Property all risks insurance”                              risks insurance” and “Earthquake insurance” for
    dan “Earthquake insurance” dengan jumlah                                     Rp 70,000,000.
    pertanggungan sebesar Rp 70.000.000.




                                                                 - 56 -
Page 346
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    Pada tanggal 31 Desember 2023 dan 2022,                       As of December 31, 2023 and 2022, Building
    Gedung - Lot 4 telah diasuransikan kepada                     - Lot 4 has been insured to AGI, a related party,
    AGI, pihak berelasi, berupa “Property all risks               on “Property all risks insurance” and “Earthquake
    insurance” dan “Earthquake insurance” dengan                  insurance” amounting to Rp 40,000,000 and
    jumlah pertanggungan sebesar Rp 40.000.000                    “Public liability insurance” amounting to
    serta “Public liability insurance” dengan jumlah              Rp 2,000,000.
    pertanggungan sebesar Rp 2.000.000.

    Pada tanggal 31 Desember 2023 dan 2022,                       As of December 31, 2023 and 2022, Annexe
    Gedung Tambahan – Lot 25 telah diasuransikan                  Building – Lot 25 has been insured to AGI,
    kepada AGI, pihak berelasi, berupa “Property all              a related party, on “Property all risks insurance”,
    risks insurance”, dan “Earthquake insurance”                  and “Earthquake insurance” amounting to
    dengan     jumlah   pertanggungan         sebesar             Rp 415,200,000 and on “Public liability
    Rp 415.200.000 serta “Public liability insurance”             insurance” as of December 31, 2023 and 2022
    pada tanggal 31 Desember 2023 dan 2022                        amounting to Rp 5,000,000.
    dengan     jumlah   pertanggungan         sebesar
    Rp 5.000.000.

    Pada tanggal 31 Desember 2023 dan 2022,                       As of December 31, 2023 and 2022, Revenue
    Revenue Tower telah diasuransikan kepada AGI,                 Tower has been insured to AGI, a related party,
    pihak berelasi, berupa “Property all risks                    on “Property all risks insurance” and “Earthquake
    insurance”, dan “Earthquake insurance” dengan                 insurance” amounting to Rp 583,500,000 and on
    jumlah pertanggungan sebesar Rp 583.500.000                   “Public liability insurance” amounting to
    serta “Public Liability insurance” dengan jumlah              US$ 1,000,000.
    pertanggungan sebesar US$ 1.000.000.

    Manajemen      berpendapat     bahwa   nilai                  Management believes that the insurance
    pertanggungan tersebut cukup untuk menutup                    coverage is adequate to cover posible losses on
    kemungkinan    kerugian   atas   aset yang                    the assets insured.
    dipertanggungkan.

    Nilai wajar dari properti investasi pada tanggal              The fair value of investment properties as of
    31     Desember       2023     adalah    sebesar              December      31,    2023     amounted     to
    Rp 6.103.529.400 yang ditentukan berdasarkan                  Rp 6,103,529,400 which were determined based
    laporan     penilai    independen      tertanggal             on report of independent appraiser dated
    28     Februari     2023,    6    Maret     2023,             February    28,   2023,   March   6,    2023,
    8 Maret 2023 dan 20 Maret 2024.                               March 8, 2023 and March 20, 2024.

    Nilai wajar dari properti investasi pada tanggal              The fair value of investment properties as of
    31     Desember      2022     adalah    sebesar               December      31,    2022     amounted     to
    Rp 6.100.350.400 yang ditentukan berdasarkan                  Rp 6,100,350,400 which were determined based
    laporan penilai independen tertanggal 21 Maret                on report of independent appraiser dated
    2018, 28 Februari 2023, 6 Maret 2023 dan                      March 21, 2018, February 28, 2023,
    8 Maret 2023.                                                 March 6, 2023 and March 8, 2023.

    Manajemen berpendapat bahwa tidak terdapat                    Management believes that there is no
    penurunan nilai atas properti investasi tersebut.             impairment in value of investment properties.




                                                        - 57 -
Page 347
PT JAKARTA INTERNATIONAL HOTELS &                                                               PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                             DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                      For the Years Ended
31 Desember 2023 dan 2022                                                                                    December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                               (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                        unless Otherwise Stated)


13.   Aset Tetap                                                                    13.     Property and Equipment

                                                             Perubahan Selama Tahun 2023/
                                                                   Changes during 2023
                                         1 January 2023/   Penambahan/         Pengurangan/        31 Desember 2023/
                                         January 1, 2023     Additions          Deductions         December 31, 2023

      Biaya Perolehan:                                                                                                 At cost:
      Pemilikan langsung                                                                                               Direct acquisitions
         Tanah                              435.254.604                -                      -         435.254.604       Land
         Bangunan                           888.488.176        2.041.805                (31.563)        890.498.418       Buildings
         Peralatan dan perabotan            964.971.834       41.087.276             (3.308.825)      1.002.750.285       Furniture, fixtures and equipment
         Peralatan mekanis dan listrik      563.061.318       11.060.040            (14.428.491)        559.692.867       Mechanical and electrical equipment
         Kendaraan bermotor                  22.560.638       23.047.151               (500.075)         45.107.714       Motor vehicles
         Prasarana telekomunikasi           250.791.431        4.203.043               (559.411)        254.435.063       Telecommunication infrastructure
         Partisi kantor                      35.760.556        4.053.296                      -          39.813.852       Leasehold improvements
      Aset hak-guna                                                                                                    Right-of-use assets
         Tanah                                 1.576.721               -              (507.030)           1.069.691       Land
         Bangunan                              7.499.933       6.651.909              (786.178)          13.365.664       Buildings
      Jumlah                               3.169.965.211      92.144.520            (20.121.573)      3.241.988.158    Total

      Akumulasi penyusutan:                                                                                            Accumulated depreciation:
      Pemilikan langsung                                                                                               Direct acquisitions
        Tanah                                 1.013.580                -                      -           1.013.580       Land
        Bangunan                            608.217.900       30.996.497                   (158)        639.214.239       Buildings
        Peralatan dan perabotan             881.256.569       43.979.297             (2.587.558)        922.648.308       Furniture, fixtures and equipment
        Peralatan mekanis dan listrik       540.481.857        7.306.585            (14.396.482)        533.391.960       Mechanical and electrical equipment
        Kendaraan bermotor                   14.035.904        6.852.455               (500.075)         20.388.284       Motor vehicles
        Prasarana telekomunikasi            148.083.044       19.303.367               (559.411)        166.827.000       Telecommunication infrastructure
        Partisi kantor                       34.563.936          964.557                      -          35.528.493       Leasehold improvements
      Aset hak-guna                                                                                                    Right-of-use assets
        Tanah                                    901.772         429.903              (507.030)             824.645       Land
        Bangunan                               5.633.496       2.411.617              (786.178)           7.258.935       Buildings
      Jumlah                               2.234.188.058     112.244.278            (19.336.892)      2.327.095.444    Total

      Nilai Tercatat                        935.777.153                                                 914.892.714    Net Book Value



                                                             Perubahan Selama Tahun 2022/
                                                                   Changes during 2022
                                         1 January 2022/   Penambahan/         Pengurangan/        31 Desember 2022/
                                         January 1, 2022     Additions          Deductions         December 31, 2022
      Biaya Perolehan:                                                                                                 At cost:
      Pemilikan langsung                                                                                               Direct acquisitions
         Tanah                              435.254.604                -                      -         435.254.604       Land
         Bangunan                           879.866.731        8.621.445                      -         888.488.176       Buildings
         Peralatan dan perabotan            946.995.228       45.531.377            (27.554.771)        964.971.834       Furniture, fixtures and equipment
         Peralatan mekanis dan listrik      560.376.667        7.316.430             (4.631.779)        563.061.318       Mechanical and electrical equipment
         Kendaraan bermotor                  17.356.199        8.140.000             (2.935.561)         22.560.638       Motor vehicles
         Prasarana telekomunikasi           249.065.481        2.313.409               (587.459)        250.791.431       Telecommunication infrastructure
         Partisi kantor                      35.588.665          171.891                      -          35.760.556       Leasehold improvements
      Aset dalam pembangunan                    118.227                -               (118.227)                  -    Construction in progress
      Aset hak-guna                                                                                                    Right-of-use assets
         Tanah                                 1.234.294         463.950              (121.523)           1.576.721       Land
         Bangunan                              7.684.626         236.677              (421.370)           7.499.933       Buildings
      Jumlah                               3.133.540.722      72.795.179            (36.370.690)      3.169.965.211    Total

      Akumulasi penyusutan:                                                                                            Accumulated depreciation:
      Pemilikan langsung                                                                                               Direct acquisitions
        Tanah                                 1.013.580                -                      -           1.013.580       Land
        Bangunan                            577.847.666       30.370.234                      -         608.217.900       Buildings
        Peralatan dan perabotan             859.253.864       49.557.476            (27.554.771)        881.256.569       Furniture, fixtures and equipment
        Peralatan mekanis dan listrik       537.181.854        7.931.782             (4.631.779)        540.481.857       Mechanical and electrical equipment
        Kendaraan bermotor                   14.765.029        2.176.938             (2.906.063)         14.035.904       Motor vehicles
        Prasarana telekomunikasi            126.206.367       22.462.945               (586.268)        148.083.044       Telecommunication infrastructure
        Partisi kantor                       32.845.879        1.718.057                      -          34.563.936       Leasehold improvements
      Aset hak-guna                                                                                                    Right-of-use assets
        Tanah                                    561.026         462.269              (121.523)             901.772       Land
        Bangunan                               3.537.751       2.517.115              (421.370)           5.633.496       Buildings
      Jumlah                               2.153.213.016     117.196.816            (36.221.774)      2.234.188.058    Total

      Nilai Tercatat                        980.327.706                                                 935.777.153    Net Book Value




                                                                           - 58 -
Page 348
PT JAKARTA INTERNATIONAL HOTELS &                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2023 dan 2022                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


    Beban penyusutan pada tahun 2023 dan 2022                   Depreciation expense in 2023 and 2022 as
    sebagai berikut:                                            follows:

                                               2023              2022

     Beban pokok penjualan                    11.104.478        11.017.623    Cost of revenue
     Beban umum dan administrasi             101.139.800       106.179.193    General and administrative expenses

     Jumlah                                  112.244.278       117.196.816    Total


    Tanah merupakan hak atas tanah Perusahaan                   Land represents the Company’s land on which
    yang di atasnya terletak Hotel Borobudur                    Hotel Borobudur Jakarta is located and on which
    Jakarta dengan Hak Guna Bangunan (HGB)                      the Company has landrights (Hak Guna
    No. 18/HGB/BPN.31/VI/2022 yang berlaku                      Bangunan) No. 18/HGB/BPN.31/VI/2022 which is
    sampai tanggal 31 Mei 2053 dan hak atas tanah               valid until May 31, 2053 and PPJ’s land with
    PPJ dengan Hak Guna Bangunan (HGB) No. 415                  landrights (Hak Guna Bangunan) No. 415 which
    yang berlaku sampai tanggal 5 Juni 2035.                    is valid until June 5, 2035.

    Pada tanggal 31 Desember 2023 dan 2022,                     As of December 31, 2023 and 2022, the
    Perusahaan mengasuransikan aset tetapnya,                   Company has insured its property and
    kecuali tanah, kepada PT Arthagraha General                 equipment, except land, with PT Arthagraha
    Insurance (AGI), pihak berelasi, dengan nilai               General Insurance (AGI), a related party,
    pertanggungan      masing-masing     sebesar                amounting       to     Rp     3,258,000     and
    Rp 3.258.000 dan Rp 1.741.268.000. Pada                     Rp    1,741,268,000,     respectively.  As    of
    tanggal 31 Desember 2023, Perusahaan juga                   December 31, 2023, the Company has also
    mengasuransikan aset tetapnya, kecuali tanah,               insured its property and equipment, except land,
    kepada perusahaan asuransi pihak ketiga                     with other third party insurance companies for
    dengan      nilai  pertanggungan     sebesar                Rp 1,260,000,000.
    Rp 1.260.000.000.

    Pada tanggal 31 Desember 2023, entitas anak                 As of December 31, 2023, the subsidiaries had
    mengasuransikan properti investasi (Catatan 12)             insured their investment properties (Note 12) and
    dan aset tetapnya, kecuali tanah, kepada                    property and equipment, except land, with other
    perusahaan asuransi pihak ketiga, dengan nilai              third   party     insurance    companies,      for
    pertanggungan sebesar Rp 541.000 serta                      Rp     541,000       and     with     AGI      for
    kepada AGI dengan nilai pertanggungan sebesar               US$ 573,049,920 and Rp 1,225,207,392.
    US$ 573.049.920 dan Rp 1.225.207.392.

    Pada tanggal 31 Desember 2022, entitas anak                 As of December 31, 2022, the subsidiaries had
    mengasuransikan properti investasi (Catatan 12)             insured their investment properties (Note 12) and
    dan aset tetapnya, kecuali tanah, kepada                    property and equipment, except land, with other
    perusahaan asuransi pihak ketiga, dengan nilai              third party insurance companies, for Rp 541,000
    pertanggungan sebesar Rp 541.000 serta                      and with AGI for US$ 573,049,920 and
    kepada AGI dengan nilai pertanggungan sebesar               Rp 1,232,386,827.
    US$ 573.049.920 dan Rp 1.232.386.827.

    Manajemen      berpendapat     bahwa   nilai                Management believes that the insurance
    pertanggungan tersebut cukup untuk menutup                  coverage is adequate to cover possible losses on
    kemungkinan    kerugian   atas   aset yang                  the assets insured.
    dipertanggungkan.




                                                      - 59 -
Page 349
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    Pengurangan aset tetap yang merupakan                         Deductions in property and equipment mainly
    penjualan aset tetap tertentu. Rincian penjualan              pertain to sale of certain property and equipment.
    aset tetap sebagai berikut:                                   Details of sales follows:

                                                2023              2022
     Penjualan aset tetap                                                     Sale of property and equipment
       Harga jual                                  22.500          294.800          Selling price
       Nilai tercatat                                   -          (30.689)         Net book value

       Keuntungan penjualan                        22.500          264.111          Gain on sale


    Pada tahun 2023 dan 2022, Grup melakukan                      In 2023 and 2022, the Group wrote off its
    penghapusan aset tetap dengan nilai tercatat                  property and equipment with net book value of
    masing-masing sebesar Rp 721.267 dan nihil.                   Rp 721,267 and nil, respectively. In 2023, an
    Pada tahun 2023, terdapat penerimaan klaim                    insurance claim amounting to Rp 638,622 was
    asuransi sebesar Rp 638.622 atas penggantian                  received for the replacement of damaged
    kerusakan aset tetap, sehingga jumlah kerugian                property and equipment, therefore, the net loss
    bersih dari penghapusan aset tetap yang diakui                from disposal of property and equipment
    dalam laporan laba rugi tahun 2023 adalah                     recognized in the 2023 profit or loss amounting
    sebesar Rp 82.645.                                            to Rp 82,645.

    Keuntungan       penjualan     dan     kerugian               Gain on sale and loss on disposal of property
    penghapusan aset tetap disajikan sebagai bagian               and equipment is presented under “Other income
    dari “Penghasilan (Beban) lain-lain - Lain-lain -             (Expenses) - Others - net” in profit or loss.
    bersih” dalam laba rugi.

    Pengurangan pada tahun 2023 termasuk                          Deductions in 2023 include deduction in
    pengurangan bangunan, peralatan mekanis dan                   buidings, mechanical and electrical totaling to
    listrik termasuk penyesuaian atas nilai kontrak               Rp 63,414, which represent contract value
    sebesar Rp 63.414.                                            adjustments.

    Pengurangan pada tahun 2022 termasuk                          Deductions in 2022 include deduction in
    pengurangan aset dalam pembangunan sebesar                    construction in  progress   amounting     to
    Rp 118.227 terutama merupakan penyesuaian                     Rp 118,227, which represents contract value
    atas nilai kontrak.                                           adjustment.

    Pada tahun 2023, nilai wajar tanah dan                        In 2023, the fair value of land and building
    bangunan sebesar Rp 6.099.978.676 yang                        amounted to Rp 6,099,978,676 which was
    ditentukan   berdasarkan   laporan   penilai                  determined based on independent appraiser,
    independen tertanggal 20 Februari 2024 dan                    dated February 20, 2024 and March 28, 2023.
    28 Maret 2023.

    Pada tahun 2022, nilai wajar tanah dan                        In 2022, the fair value of land and building
    bangunan sebesar Rp 6.034.050.500 yang                        amounted to Rp 6,034,050,500 which was
    ditentukan   berdasarkan laporan   penilai                    determined based on independent appraiser,
    independen tertanggal 28 Maret 2023 dan                       dated March 28, 2023 and March 10, 2017.
    10 Maret 2017.

    Manajemen berpendapat bahwa tidak terdapat                    Management believes that there is no
    penurunan nilai atas aset tetap.                              impairment in value of property and equipment.




                                                        - 60 -
Page 350
PT JAKARTA INTERNATIONAL HOTELS &                                         PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                       DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                         (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)


14.   Goodwill                                                14.    Goodwill

      Akun ini merupakan goodwill yang timbul dari                   Goodwill arose from acquisition of shares by the
      penyertaan saham oleh entitas anak, yakni                      subsidiaries, which represent acquisition of
      penyertaan saham DA dalam GPS pada tahun                       shares in GPS by DA in 2006, and acquisition of
      2006 dan transaksi penukaran saham PPJ pada                    shares in PPJ through shares swap transaction
      tahun 2005.                                                    in 2005.

      Manajemen berpendapat bahwa tidak terdapat                     Management believes that             there    is   no
      penurunan nilai atas goodwill.                                 impairment in value of goodwill.


15.   Aset Lain-lain                                          15.    Other Assets

                                              2023              2022
      Aset Lancar                                                               Current Assets
        Setoran jaminan                       4.695.094         4.748.684         Security deposits
                                                                                  Advances for purchases of property
           Uang muka pembelian aset tetap     1.554.749           105.438            and equipment
           Uang muka pemasok (a)              1.280.447           963.329         Advances to suppliers (a)
           Lainnya                           10.357.559        10.622.809         Others
           Jumlah                            17.887.849        16.440.260         Subtotal

      Aset Tidak Lancar                                                         Noncurrent Assets
        Uang muka pengembangan bisnis (b)   781.965.882       820.755.882         Advances for business development (b)
        Peralatan hotel                      12.674.440        10.596.538         Hotel operating equipment
        Setoran jaminan                       6.949.718         6.404.112         Security deposits
        Deposito berjangka yang dibatasi
           pencairannya (c)                   1.677.514         1.893.670         Restricted time deposits (c)
        Uang muka kepada PLN (d)              1.643.750         1.643.750         Advances to PLN (d)
        Rekening giro yang dibatasi
           pencairannya (e)                     804.037           788.563         Restricted cash in current accounts (e)
        Lainnya                              90.034.089       101.597.839         Others

           Jumlah                           895.749.430       943.680.354         Subtotal

      Jumlah                                913.637.279       960.120.614       Total



      a.     Uang Muka Pemasok                                       a.   Advances to Suppliers

             Uang muka kepada pemasok merupakan                           Advances to suppliers represent payments
             uang muka kepada pemasok hotel dan                           to hotel and other suppliers in relation to the
             lainnya sehubungan dengan pembelian                          Group’s purchases.
             yang dilakukan oleh Grup.

      b.     Uang Muka Pengembangan Bisnis                           b.   Advance for Business Development

             Uang     muka  pengembangan    bisnis                        Advances for business development
             merupakan uang muka yang dikeluarkan                         represent payments made by DA,
             DA, entitas anak, sehubungan dengan                          a subsidiary, in relation to business
             pengembangan bisnis di luar KNTS                             development outside SCBD (Note 41e).
             (Catatan 41e).




                                                     - 61 -
Page 351
PT JAKARTA INTERNATIONAL HOTELS &                                           PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                         DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2023 dan 2022                                                                December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                           (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)


    c.   Deposito Berjangka           yang       Dibatasi                c.     Restricted Time Deposits
         Pencairannya

                                                    2023              2022
         Pihak ketiga                                                                Third parties
            Rupiah                                                                      Rupiah
              PT Bank Mandiri (Persero) Tbk          638.968           638.968             PT Bank Mandiri (Persero) Tbk
              PT Bank UOB Indonesia                  265.725           262.837             PT Bank UOB Indonesia
            Dolar Amerika Serikat (Catatan 43)                                          United States Dollar (Note 43)
              PT Bank UOB Indonesia                  772.821           991.865             PT Bank UOB Indonesia

         Jumlah                                     1.677.514         1.893.670      Total

         Suku bunga deposito berjangka                                                  Interest rates per annum
           per tahun:                                                                      on time deposits:
           Rupiah                                1,45%-2,25%      1,45% - 2,25%            Rupiah
           Dolar Amerika Serikat                    0,15%             0,15%                United States Dollar

         Pada tanggal 31 Desember 2023 dan 2022,                                As of December 31, 2023 and 2022, AT,
         AT, entitas anak, memiliki deposito                                    a subsidiary, has placement in time
         berjangka di PT Bank Mandiri (Persero) Tbk                             deposits with PT Bank Mandiri (Persero)
         (Mandiri), pihak ketiga, yang dibatasi                                 Tbk (Mandiri), a third party, which is
         pencairannya      sehubungan       dengan                              restricted in relation to bank guarantee
         penerbitan bank garansi oleh Mandiri untuk                             issued by Mandiri in relation to cooperation
         perjanjian kerjasama antara AT dan pihak                               agreement between AT and third party.
         ketiga.

         Pada tanggal 31 Desember 2023 dan 2022,                                As of December 31, 2023 and 2022, PPJ,
         PPJ, entitas anak, memiliki deposito                                   a subsidiary, has placement in time
         berjangka di PT Bank UOB Indonesia, pihak                              deposits with PT Bank UOB Indonesia, a
         ketiga, yang dibatasi pencairannya sebagai                             third party, which are restricted and are
         jaminan atas perjanjian kerjasama antara                               used as collateral in relation to cooperation
         PPJ dan PT Perusahaan Gas Negara                                       agreement       between         PPJ      and
         (Persero) Tbk.                                                         PT Perusahaan Gas Negara (Persero) Tbk.

    d.   Uang Muka Kepada PLN                                            d.     Advances to PLN

         Uang muka kepada PT Perusahaan Listrik                                 Advances to PT Perusahaan Listrik Negara
         Negara (Persero) (PLN) merupakan uang                                  (Persero) (PLN) represent advances in
         muka pembelian daya listrik untuk KNTS.                                relation to electricity connection in SCBD.

    e.   Rekening     Giro          yang         Dibatasi                e.     Restricted Cash in Current Accounts
         Pencairannya

                                                           2023               2022
         Pihak ketiga                                                                        Third party
            PT Bank Mandiri (Persero) Tbk                                                       PT Bank Mandiri (Persero) Tbk
              Dolar Amerika Serikat (Catatan 43)            804.037           788.563              United States Dollar (Note 43)




                                                             - 62 -
Page 352
PT JAKARTA INTERNATIONAL HOTELS &                                              PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                            DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2023 dan 2022                                                                   December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                              (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


           Pada tanggal 31 Desember 2023 dan 2022,                             As of December 31, 2023 and 2022, Hotel
           Hotel Borobudur Jakarta (HBJ) memiliki                              Borobudur Jakarta (HBJ) has an existing
           rekening giro di Mandiri yang dibatasi                              current account with Mandiri which is
           pencairannya      sehubungan     dengan                             restricted in relation to bank guarantee
           penerbitan bank garansi oleh Mandiri atas                           issued by Mandiri in relation to cooperation
           perjanjian kerjasama antara HBJ dan                                 agreement       between        HBJ      and
           PT Perusahaan Gas Negara (Persero) Tbk.                             PT Perusahaan Gas Negara (Persero) Tbk.

      Manajemen berpendapat bahwa tidak terdapat                          Management believes that there are no potential
      kemungkinan kerugian atas aset-aset tersebut,                       losses on these assets, thus, no provision was
      sehingga     manajemen   tidak   membentuk                          made for impairment in value of such assets.
      cadangan kerugian penurunan nilai atas aset-
      aset tersebut.


16.   Utang Bank Jangka Pendek                                     16.    Short-term Bank Loans

      Akun ini merupakan pinjaman DA, entitas anak,                       This   account   represents    loan    facilities
      kepada PT Bank Artha Graha Internasional Tbk                        obtained by the DA, a subsidiary, from
      (BAG).                                                              PT Bank Artha Graha Internasional Tbk (BAG).

      Pada tanggal 14 Desember 2023, DA                                   On December 14, 2023, DA obtained a revolving
      memperoleh fasilitas pinjaman revolving loan dari                   loan facility from BAG for a maximum facility of
      BAG dengan jumlah maksimum pinjaman                                 Rp 135,000,000. This loan has term of one (1)
      sebesar Rp 135.000.000. Pinjaman ini berjangka                      year. The loan bears interest rate of 11.00% per
      waktu satu (1) tahun. Fasilitas pinjaman ini                        annum. As of December 31, 2023, DA has
      dikenakan suku bunga sebesar 11,00% per                             withdrawn from the facilities amounting to
      tahun. Pada tanggal 31 Desember 2023, DA                            Rp 95,000,000. This bank loan is secured by
      telah menarik fasilitas sebesar Rp 95.000.000.                      land of PT Nusagraha Adicitra, a subsidiary,
      Pinjaman ini dijamin dengan persediaan tanah                        (Note 8).
      milik PT Nusagraha Adicitra, entitas anak,
      (Catatan 8).


17.   Utang Obligasi                                               17.    Bonds Payable

      Obligasi, yang dikenal dengan “Obligasi I Jakarta                   The bonds, known as the “Jakarta International
      International Hotels & Development Tahun 1997                       Hotels & Development Series I Bonds of 1997
      dengan Tingkat Bunga Tetap”, diterbitkan dengan                     with Fixed Interest Rate”, with total nominal value
      jumlah nominal sebesar Rp 600.000.000,                              of Rp 600,000,000, bear interest at a fixed rate of
      dikenakan suku bunga tetap sebesar 16% per                          16% per annum, payable semi-annually, and
      tahun yang dibayar tiap tengah tahun, dan sudah                     which have matured in 2002.
      jatuh tempo pada tahun 2002.

      Saldo utang obligasi pada tanggal 31 Desember                       Outstanding bonds payables as of December 31,
      2023 dan 2022 sebesar Rp 6.000.000.                                 2023 and 2022 amounted to Rp 6,000,000.

      Sampai dengan tanggal penyelesaian laporan                          As of the date of completion of the consolidated
      keuangan konsolidasian, Perusahaan masih                            financial statements, the Company is still
      menunggu klaim dari para pemegang obligasi                          awaiting claims from the bond holders on such
      atas utang obligasi tersebut.                                       bonds payable.




                                                          - 63 -
Page 353
PT JAKARTA INTERNATIONAL HOTELS &                                               PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                             DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2023 dan 2022                                                                    December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                               (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)


18.   Utang Usaha                                                   18.    Trade Accounts Payable

      a.   Rincian utang usaha menurut jenis mata                          a.      A summary of trade accounts payable
           uang sebagai berikut:                                                   classified based on its original currency
                                                                                   follows:

                                                      2023                   2022

           Pihak berelasi (Catatan 39)                                                     Related parties (Note 39)
              Rupiah (masing-masing kurang                                                   Rupiah (less than
                dari Rp 1 miliar)                      337.949              1.401.822           Rp 1 billion each)

           Pihak ketiga                                                                    Third parties
              Rupiah                                                                          Rupiah
                Pemasok hotel                                                                    Hotel suppliers
                   PT Indoguna Utama                 4.021.576              1.756.285               PT Indoguna Utama
                   PT Sukanda Djaya                  1.528.102              1.870.757               PT Sukanda Djaya
                   PT Pesona Karya Bangsa            1.099.265                763.000               PT Pesona Karya Bangsa
                   PT Agro Boga Utama                  926.874              1.768.254               PT Agro Boga Utama
                   Pemasok hotel - lain-lain
                      (masing-masing kurang dari                                                     Hotel suppliers - others
                      Rp 1 Miliar)                  16.487.638             22.915.033                   (less than Rp 1 billion each)
                PT Bangun Anugerah Jaya              3.500.000              3.500.000              PT Bangun Anugerah Jaya
                PT Telekomunikasi Indonesia          2.630.911              2.343.891              PT Telekomunikasi Indonesia
                PT Graha Cipta Design                2.246.041                846.339              PT Graha Cipta Design
                PT Energi Rajawali                   1.440.000              1.440.000              PT Energi Rajawali
                PT Exclusive Network Indonesia       1.125.096                542.300              PT Exclusive Network Indonesia
                Thales DIS CPL Hong Kong Limited     1.010.000              3.976.524              Thales DIS CPL Hong Kong Limited
                Lain-lain (masing-masing kurang                                                    Others (less than
                   Rp 1 miliar)                     29.863.226             16.941.715                Rp 1 billion each)

             Jumlah                                 65.878.729             58.664.098         Subtotal

             Mata Uang Asing (Catatan 43)                                                     Foreign Currencies (Note 43)
               PT Sarana Cendekia Abadi              3.755.051              3.831.779           PT Sarana Cendekia Abadi
               PT Hamanroko                          1.099.570              1.122.038           PT Hamanroko
               Lain-lain (masing-masing kurang                                                  Others (less than
                  dari Rp 1 miliar)                    162.945                  178.145             Rp 1 billion each)

             Jumlah                                  5.017.566              5.131.962         Subtotal

             Jumlah                                 70.896.295             63.796.060         Subtotal

           Jumlah                                   71.234.244             65.197.882      Total


      b.   Jumlah utang usaha berdasarkan umur                             b.      The aging analysis of trade accounts
           dihitung sejak tanggal faktur adalah                                    payable from the date of invoice follows:
           sebagai berikut:

                                                    2023                   2022

           Sampai dengan 1 bulan                   35.170.339             36.181.408      Up to 1 month
           > 1 bulan - 3 bulan                     11.833.755              7.381.273      > 1 month - 3 months
           > 3 bulan - 6 bulan                      2.613.400              1.050.433      > 3 months - 6 months
           > 6 bulan                               21.616.750             20.584.768      > 6 months

           Jumlah                                  71.234.244             65.197.882      Total




                                                           - 64 -
Page 354
PT JAKARTA INTERNATIONAL HOTELS &                                                PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                              DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2023 dan 2022                                                                     December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)


19.   Utang Pajak                                                    19.     Taxes Payable

                                                     2023                   2022

      Pajak penghasilan badan (Catatan 37)            185.040                 17.567     Corporate income tax (Note 37)
      Pajak penghasilan:                                                                 Income taxes:
        Pasal 4(2) - Final                          1.118.450           1.601.952           Article 4(2) - Final
        Pasal 15                                        2.380              11.979           Article 15
        Pasal 21                                    4.508.172           4.529.890           Article 21
        Pasal 23                                      562.951             514.962           Article 23
        Pasal 25                                      440.646             405.632           Article 25
        Pasal 26                                      469.101             338.700           Article 26
      Pajak Pertambahan Nilai - bersih              7.608.624           7.046.534        Value Added Tax - net
      Pajak Hotel dan Restoran                     15.929.479          12.718.937        Hotel and Restaurant Tax

      Jumlah                                       30.824.843          27.186.153        Total


      Besarnya pajak yang terutang ditetapkan                                The filed tax returns are based on the Group’s
      berdasarkan perhitungan pajak yang dilakukan                           own       calculation    of    tax    liabilities
      sendiri oleh wajib pajak (self assessment).                            (self-assessment).


20.   Beban Akrual                                                   20.     Accrued Expenses

                                                     2023                   2022

        Pihak berelasi (Catatan 39)                                                      Related party (Note 39)
           Bunga dan beban keuangan lainnya          1.914.205         43.592.799          Interest and other financial changes

        Pihak ketiga                                                                     Third parties
           Pemeliharaan                            17.190.275          12.747.650           Maintenance
           Karyawan                                15.563.424          14.165.179           Employees relation
           Listrik, air dan telepon                12.760.096          12.036.745           Electricity, water and telephone
           Bunga dan beban keuangan lainnya         7.040.000           7.208.773           Interest and other financial charges
           Biaya manajemen                          2.536.292           2.526.731           Management fees
           Pemasaran                                1.966.451           2.215.496           Marketing
           Jasa profesional                         1.812.385           1.887.040           Professional fees
           Lain-lain                               27.220.894          28.380.580           Others

          Jumlah                                   86.089.817          81.168.194          Subtotal

        Jumlah                                     88.004.022         124.760.993        Total




21.   Liabilitas Sewa                                                21.     Lease Liabilities

      Mutasi dari liabilitas sewa adalah sebagai berikut:                    The movement of lease liabilities follows:

                                                     2023                  2022

      Saldo awal tahun                               2.337.043          3.863.433       Beginning balance
      Penambahan tahun berjalan                      5.214.523            700.627       Addition during the year
      Pembayaran                                    (2.471.565)        (2.227.017)      Payments

      Saldo akhir tahun                             5.080.001              2.337.043    Ending balance




                                                            - 65 -
Page 355
PT JAKARTA INTERNATIONAL HOTELS &                                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2023 dan 2022                                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)


      Nilai tunai pembayaran sewa minimum masa                                   Base on the respective lease agreements, future
      datang (future minimum lease payments) dalam                               minimum lease payments follows:
      perjanjian sewa adalah sebagai berikut:

                                                         2023                  2022

      Jatuh tempo:                                                                          Payments due in:
         Sampai dengan 1 tahun                          2.080.319              1.809.220      Until 1 year
         Lebih dari 1 - 2 tahun                         2.995.749                582.945      More than 1 - 2 years
         Di atas 2 tahun                                  479.125                 81.000      Over 2 years

      Jumlah pembayaran sewa minimum                    5.555.193              2.473.165    Total minimum lease payments
      Dikurangi bunga                                    (475.192)              (136.122)   Less interest

      Nilai tunai dari pembayaran sewa minimum          5.080.001              2.337.043    Present value of minimum lease payments
      Bagian yang akan jatuh tempo
         dalam satu tahun                               (1.831.437)        (1.689.351)      Less current portion

      Bagian jangka panjang                             3.248.564               647.692     Long-term portion

      Beban bunga liabilitas sewa yang dibebankan                                Interest expense on lease liabilities charged to
      pada laba rugi tahun 2023 dan 2022 masing-                                 operations in 2023 and 2022 amounted to
      masing sebesar Rp 316.436 dan Rp 246.751.                                  Rp 316,436 and Rp 246,751, respectively.


22.   Pendapatan Diterima di Muka                                        22.     Unearned Revenues

                                                        2023                   2022

      Pacific Place Mall                               26.243.195         15.996.323        Pacific Place Mall
      The Ritz-Carlton Pacific Place Residences        25.246.540         24.821.942        The Ritz-Carlton Pacific Place Residences
      Sewa dan pengelolaan kawasan                     20.392.104         26.497.837        Rental and estate management
      Revenue Tower                                     9.210.339         23.903.077        Revenue Tower
      Jasa telekomunikasi                               4.010.402          3.697.381        Telecommunication services
      One Pacific Place                                 3.328.134          3.224.051        One Pacific Place
      Lain-lain                                        37.250.585         27.464.131        Others

      Jumlah                                          125.681.299        125.604.742        Total
      Bagian yang direalisasi dalam satu tahun        114.394.803        117.373.952        Current portion

      Bagian yang direalisasi lebih dari satu tahun    11.286.496          8.230.790        Long-term portion



      Pendapatan diterima di muka “Pacific Place                                 Unearned revenues from “Pacific Place Mall”,
      Mall”,   “The    Ritz-Carlton  Pacific    Place                            “The Ritz-Carlton Pacific Place Residences” and
      Residences” dan “One Pacific Place” merupakan                              “One Pacific Place” represent advances received
      uang muka yang diterima oleh PPJ, entitas anak,                            by PPJ, a subsidiary, for lease of shop units,
      atas sewa ruang pusat perbelanjaan, apartemen                              serviced apartments and office spaces.
      servis dan ruang perkantoran.

      Pendapatan diterima dimuka ”Revenue Tower”                                 Unearned revenues from “Revenue Tower”
      merupakan uang muka yang diterima oleh AP,                                 represent advances received by AP, a
      entitas anak, atas sewa ruangan perkantoran.                               subsidiary, for lease of office spaces.

      Pendapatan diterima dimuka “Sewa dan                                       Unearned revenues from “Rental and estate
      pengelolaan kawasan” merupakan uang muka                                   management” represent advances received by
      yang diterima oleh DA dan entitas anak atas                                DA and its subsidiaries for rent and estate
      sewa lahan dan pengelolaan KNTS.                                           management of SCBD.




                                                                - 66 -
Page 356
PT JAKARTA INTERNATIONAL HOTELS &                                                  PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2023 dan 2022                                                                       December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                  (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)


      Pendapatan      diterima    di    muka    “Jasa                          Unearned revenues from “Telecommunication
      telekomunikasi” merupakan uang muka yang                                 services” represent advances received by
      diterima oleh AT, entitas anak, atas sewa ruang                          AT, a subsidiary, for rent of radio room, antenna
      radio, antena dan menara.                                                and tower.


23.   Utang Pihak Berelasi                                             23.     Due to Related Parties

                                                     2023                    2022

      PT Cemerlang Pola Cahaya                      3.148.571                3.148.571      PT Cemerlang Pola Cahaya
      PT Lentera Duasatu Propertindo                        -                1.790.290      PT Lentera Duasatu Propertindo
      Lain-lain                                           195                      195      Others

      Jumlah                                        3.148.766                4.939.056      Total



24.   Taksiran Liabilitas untuk Pembangunan                            24.     Estimated   Liability   for    Infrastructure
      Prasarana, Fasilitas Umum dan Sosial                                     Development, Public and Social Facilities

                                                              2023
                                                            dan/ and
                                                              2022

      Pembangunan prasarana                              24.862.500             Infrastructure development
      Fasilitas umum dan sosial                         117.958.507             Public and social facilities

      Jumlah                                            142.821.007             Total

      Taksiran liabilitas untuk biaya pembangunan                              The estimated liability for the infrastructure
      prasarana meliputi jalan dan terowongan,                                 development cost pertains to infrastructure
      jaringan telekomunikasi, lokasi pengolahan                               development         for    road    and   tunnels,
      limbah, gardu listrik, pengalihan sungai dan                             telecommunication, sewage treatment plant,
      penyediaan air di sekitar KNTS. DA, entitas anak,                        power station, river diversion and water supply
      tidak melakukan penilaian kembali atas taksiran                          around SCBD. In 2023 and 2022, the estimated
      liabilitas untuk pembangunan prasarana pada                              liability for infrastructure development was not
      tahun 2023 dan 2022 karena tidak ada                                     re-evaluated by DA, a subsidiary, since there
      penambahan prasarana yang signifikan.                                    was no significant infrastructure development
                                                                               during those years.

      Taksiran liabilitas untuk fasilitas umum dan sosial                      The estimated liability for public and social
      merupakan          tambahan         biaya    untuk                       facilities represent additional costs for settlement
      menyelesaikan        kewajiban       DA    sebagai                       of DA’s obligation as developer to construct
      pengembang yakni membangun beberapa                                      public and social facilities, in line with the
      fasilitas sosial dan fasilitas umum berdasarkan                          agreement between DA and Provincial
      perjanjian penyelesaian kewajiban DA dan                                 Government of Jakarta (PEMDA DKI) dated
      Pemerintah Provinsi Daerah Khusus Ibukota                                July 23, 2004 concerning the settlement of DA’s
      Jakarta (PEMDA DKI) tanggal 23 Juli 2004.                                obligations.


25.   Pendapatan Ditangguhkan                                          25.     Deferred Revenues

      Akun ini merupakan bagian laba penjualan tanah                           These represent portion of profit on sale of land
      DA, entitas anak, kepada PT First Jakarta                                of DA, a subsidiary, to PT First Jakarta
      International, pada tahun 1993, yang 9,31%                               International in 1993, which shares are 9.31%
      sahamnya dimiliki oleh Perusahaan.                                       owned by the Company.




                                                             - 67 -
Page 357
PT JAKARTA INTERNATIONAL HOTELS &                                                 PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                               DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2023 dan 2022                                                                      December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                 (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


26.   Liabilitas Lain-lain                                            26.    Other Liabilities

                                                      2023                  2022

      Liabilitas Jangka Pendek                                                           Current Liabilities
        Setoran jaminan                                                                     Security deposits
          Pacific Place Mall                         122.054.031        113.915.925           Pacific Place Mall
           Hotel Borobudur Jakarta                    15.591.261            16.894.957           Hotel Borobudur Jakarta
           The Ritz-Carlton Jakarta, Pacific Place    13.827.532            16.925.843           The Ritz-Carlton Jakarta, Pacific Place
           Instalasi jaringan telepon                 13.420.713            13.349.704           Telephone line installation
           One Pacific Place                           3.573.150             2.376.667           One Pacific Place
           Telepon                                     1.592.418             1.021.284           Telephone
           Sewa dan pengelolaan kawasan                1.573.264             1.573.401           Rental and estate management
           Lain-lain                                   2.577.162             2.342.592           Others
        Lain-lain                                                                           Others
           PT Sumbercipta Griyautama                  71.546.894            76.726.894           PT Sumbercipta Griyautama
           Utang dividen kepada kepentingan
               nonpengendali                           9.927.275             5.580.000           Dividend to non-controlling interest
           Lain-lain                                 132.611.307        150.472.417              Others

        Jumlah                                       388.295.007        401.179.684         Subtotal

      Liabilitas Jangka Panjang                                                          Noncurrent Liabilities
        Jaminan yang dapat dikembalikan                                                     Refundable deposit on
           Signature Tower                           366.629.000        366.629.000              Signature Tower
        Setoran jaminan                                                                     Security deposits
          Pacific Place Mall                          61.753.494            68.150.998        Pacific Place Mall
           Sewa dan pengelolaan kawasan               39.908.519            36.500.820           Rental and estate management
           Revenue Tower                              21.181.207            22.052.927           Revenue Tower
           One Pacific Place                          10.067.728            11.170.185           One Pacific Place
           Gedung A 18 PARC                            3.672.810             4.342.809           Building A 18 PARC
           Telepon                                      814.906              1.433.059           Telephone
        Lain-lain                                                                           Others
           PT Trireka Jasa Sentosa                    53.173.998            53.173.998           PT Trireka Jasa Sentosa
           PT Kusuma Cahaya Investasi                 15.867.974                     -           PT Kusuma Cahaya Investasi
           Bicapital Ventura International Ltd.        9.213.346             9.094.949           Bicapital Ventura International Ltd.
           PT Bintang Dharmawangsa Perkasa                     -             8.684.642           PT Bintang Dharmawangsa Perkasa
           PT Honey Lady Utama                                 -             7.183.332           PT Honey Lady Utama

        Jumlah                                       582.282.982        588.416.719         Subtotal

      Jumlah                                         970.577.989        989.596.403      Total


      Jaminan yang dapat dikembalikan Signature                              Refundable deposit on Signature Tower was
      Tower dimaksud sebagai pra-partisipasi dalam                           made as initial intention to participate in
      proyek Signature Tower.                                                Signature Tower project.




                                                             - 68 -
Page 358
PT JAKARTA INTERNATIONAL HOTELS &                                                   PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                 DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2023 dan 2022                                                                        December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                   (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)


27.   Utang Bank Jangka Panjang                                         27.    Long-Term Bank Loans

                                                        2023                  2022

      Pihak berelasi (Catatan 39)                                                        Related party (Note 39)
         PT Bank Artha Graha Internasional Tbk         48.659.000        138.524.000       PT Bank Artha Graha Internasional Tbk

      Pihak ketiga                                                                       Third party
         PT Bank Negara Indonesia (Persero) Tbk       115.809.864        126.579.864        PT Bank Negara Indonesia (Persero) Tbk

      Jumlah                                          164.468.864        265.103.864     Total
      Biaya transaksi yang belum diamortisasi           (932.637)         (1.806.347)    Unamortized transaction cost

      Jumlah - Bersih                                 163.536.227        263.297.517     Total - Net

      Dikurangi bagian yang akan jatuh tempo
         dalam satu tahun                                                                Less current portion
         Pihak berelasi (Catatan 39)                                                       Related party (Note 39)
              PT Bank Artha Graha Internasional Tbk      945.000               600.000        PT Bank Artha Graha Internasional Tbk
         Pihak ketiga                                                                      Third party
            PT Bank Negara Indonesia (Persero) Tbk     16.125.000         10.770.000          PT Bank Negara Indonesia (Persero) Tbk

        Jumlah                                         17.070.000         11.370.000        Total
        Biaya transaksi yang belum diamortisasi         (306.158)          (444.640)        Unamortized transaction cost

      Jumlah - Bersih                                  16.763.842         10.925.360     Total - Net

      Bagian yang akan jatuh tempo lebih
        dari satu tahun                               146.772.385        252.372.157     Long-term portion


      Seluruh utang bank jangka panjang adalah                                 All long-term bank loans are denominated in
      dalam mata uang Rupiah.                                                  Rupiah.

      PT Bank Artha Graha Internasional Tbk (BAG)                              PT Bank Artha Graha Internasional Tbk (BAG)

      Perusahaan                                                               The Company

      Berdasarkan Perubahan Perjanjian Kredit                                   Based on Amendment of Loan Agreement dated
      tanggal 23 Maret 2020, fasilitas-fasilitas                                March 23, 2020, the Company’s revolving loan
      revolving     loan    Perusahaan      sebesar                             facilities amounting to Rp 65,000,000 has been
      Rp 65.000.000 telah direstrukturisasi menjadi                             restructed into fixed loan with a term of seven (7)
      fixed loan dengan jangka waktu tujuh (7) tahun                            years and bears interest at 11% per annum with
      dan dikenakan suku bunga sebesar 11% per                                  postponement of principal and interest payments
      tahun dengan penundaan pembayaran cicilan                                 for twelve (12) months.
      pokok dan bunga selama dua belas (12) bulan.

      Perjanjian Kredit telah mengalami beberapa kali                           The Loan Agreement has been amended
      perubahan, terakhir pada tanggal 30 Maret                                 several times, the latest amendment is dated
      2023, Perusahaan memperoleh persetujuan                                   March 30, 2023, the Company obtained the
      restrukturisasi yang ke-4 terkait dengan pandemi                          fourth restructuring approval related to the
      Covid-19 atas fasilitas kredit yang diperoleh dari                        Covid-19 pandemic on credit facilities obtained
      BAG,       diantaranya     berupa      penundaan                          from BAG, among other the postponement of
      pembayaran        pokok      pinjaman     dimana                          loan principal payments where in the principal of
      pembayaran pokok pinjaman akan dibayarkan                                 the loan will be paid from April 2024 until
      mulai April 2024 sampai dengan jatuh tempo                                maturity date of the loan and the postponement
      pinjaman dan penundaan pembayaran bunga                                   of interest payment from April 2023 to March
      mulai      April    2023       sampai     dengan                          2024. In July 2023, the Company has settled its
      Maret 2024. Pada bulan Juli 2023, Perusahaan                              loan facility from BAG.
      telah melunasi pinjaman tersebut dari BAG.




                                                               - 69 -
Page 359
PT JAKARTA INTERNATIONAL HOTELS &                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


    Pada tanggal 31 Desember 2022, pinjaman ini                     As of December 31, 2022, these loans are
    dijamin dengan properti investasi milik                         secured by the Company’s investment properties
    Perusahaan berupa tanah yang terletak di                        which is land at Pondok Cabe, Sawangan
    Pondok Cabe, Sawangan (Catatan 12) dan                          (Note 12) and fiduciary on trade accounts
    jaminan fidusia atas piutang usaha milik Hotel                  receivable of Hotel Borobudur Jakarta (Note 6).
    Borobudur Jakarta (Catatan 6).

    DA                                                              DA

    Berdasarkan Perubahan Perjanjian Kredit                        Based on Amendment of Loan Agreement dated
    tanggal 28 Mei 2020, fasilitas-fasilitas revolving             May 28, 2020, revolving loan facilities DA,
    loan DA, entitas anak, sebesar Rp 73.974.000                   a subsidiary, amounting to Rp 73,974,000
    telah direstrukturisasi menjadi fixed loan dengan              has been restructured into fixed loan with a term
    jangka waktu tujuh (7) tahun dan dikenakan suku                of seven (7) years and bears interest at 11% per
    bunga sebesar 11% per tahun dengan                             annum with postponement of principal and
    penundaan pembayaran cicilan pokok dan bunga                   interest payments for twelve (12) months.
    selama dua belas (12) bulan.

    Pinjaman ini dijamin dengan persediaan tanah                   This bank loan is secured by land of
    milik PT Nusagraha Adicitra, entitas anak,                     PT Nusagraha Adicitra, a subsidiary, (Note 8).
    (Catatan 8).

    Perjanjian Kredit telah mengalami beberapa kali                The Loan Agreement has been amended several
    perubahan,        terakhir      pada      tanggal              times, the latest amendment is dated
    30 Maret 2023, DA memperoleh persetujuan                       March 30, 2023, DA obtained the fourth
    restrukturisasi yang ke-4 terkait dengan pandemi               restructuring approval related to the Covid-19
    Covid-19 atas fasilitas kredit yang diperoleh dari             pandemic on credit facilities obtained from BAG,
    BAG,       diantaranya     berupa      penundaan               among other the postponement of loan principal
    pembayaran        pokok      pinjaman     dimana               payments where in the principal of the loan will
    pembayaran pokok pinjaman akan dibayarkan                      be paid from April 2023 until maturity date of the
    mulai April 2023 sampai dengan jatuh tempo                     loan and the postponement of interest payment
    pinjaman dan penundaan pembayaran bunga                        from April 2023 to March 2024.
    mulai April 2023 sampai dengan Maret 2024.

    PT Bank Negara Indonesia (Persero) Tbk (BNI)                   PT Bank Negara Indonesia (Persero) Tbk (BNI)

    Pada tanggal 14 Maret 2019, DA memperoleh                      On March 14, 2019, DA obtained Investment
    fasilitas pinjaman Kredit Investasi dari BNI untuk             Credit loan facility from BNI, for financing the
    pembiayaan pembangunan Gedung Tambahan -                       development of Annexe Building - Lot 25 with
    Lot 25 dengan jumlah maksimum pinjaman                         maximum facility of Rp 134,520,000. The term of
    sebesar Rp 134.520.000. Jangka waktu                           loan facility is 108 months from each drawdown
    pinjaman 108 bulan terhitung sejak setiap                      date including 30 months grace period. As of
    tanggal penarikan termasuk 30 bulan masa                       December 31, 2023 and 2022 the loan bears
    tenggang (grace period). Pada tanggal                          interest rate of 8% per annum. DA has withdrawn
    31 Desember 2023 dan 2022 pinjaman ini                         from        the      facility  amounting      to
    dikenakan suku bunga sebesar 8% per tahun.                     Rp 134,504,864.
    DA telah mencairkan fasilitas ini sebesar
    Rp 134.504.864.

    Pinjaman ini dijamin dengan sebidang tanah di                  This bank loan is secured by land at SCBD
    KNTS, milik DA, dan klaim asuransi atas project                owned by DA and insurance claims for the
    cost pembangunan Gedung Tambahan.                              project cost for the development of Annexe
                                                                   Building.




                                                         - 70 -
Page 360
PT JAKARTA INTERNATIONAL HOTELS &                                                                               PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                             DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                      For the Years Ended
31 Desember 2023 dan 2022                                                                                                    December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                               (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                        unless Otherwise Stated)


      Jadwal pembayaran pinjaman                             bank        jangka                               The payment schedule for the long-term bank
      panjang adalah sebagai berikut:                                                                         loans follows:

                                                                             2023                          2022
      Jatuh tempo dalam:                                                                                                           Due within:
         Satu tahun                                                        17.070.000                    11.370.000                  One year
         Dua tahun                                                         36.100.000                    19.875.000                  Two years
         Tiga tahun                                                        48.800.000                    61.750.000                  Three years
         Empat tahun                                                       49.259.000                    85.050.000                  Four years
         Lima tahun                                                        13.239.864                    73.819.000                  Five years
         Enam tahun                                                                 -                    13.239.864                  Six years
          Jumlah                                                         164.468.864                   265.103.864                         Total
          Biaya transaksi yang belum diamortisasi                           (932.637)                   (1.806.347)                        Unamortized transaction cost

      Jumlah - Bersih                                                    163.536.227                   263.297.517                 Total - Net


      Beban bunga utang bank bank jangka panjang                                                              Interest expense on long-term bank loans in
      pada tahun 2023 dan 2022 masing-masing                                                                  2023 and 2022 amounted to Rp 18,098,947 and
      sebesar Rp 18.098.947 dan Rp 32.999.484, dan                                                            Rp 32,999,484, respectively, and recorded as
      dicatat sebagai bagian dari akun ”Beban bunga                                                           part of “Interest and other financial charges” in
      dan keuangan lainnya” pada laporan laba rugi                                                            the consolidated statements of profit or loss.
      konsolidasian.

      Beban bunga yang belum dibayar pada tanggal                                                             Unpaid interest as of December 31, 2023 and
      31 Desember 2023 dan 2022 masing-masing                                                                 2022 amounted to Rp 1,914,205 and
      sebesar Rp 1.914.205 dan Rp 43.761.572 dan                                                              Rp 43,761,572, respectively, and recorded as
      dicatat sebagai bagian dari akun “Beban akrual”                                                         part of “Accrued expenses” in the consolidated
      pada laporan posisi keuangan konsolidasian                                                              statements of financial position (Note 20).
      (Catatan 20).


28.   Pengukuran Nilai Wajar                                                                        28.       Fair Value Measurement

      Tabel berikut menyajikan pengukuran nilai wajar                                                         The following table provides the fair value
      aset dan liabilitas tertentu Grup:                                                                      measurement of the Group’s certain assets and
                                                                                                              liabilities:

                                                                                             2023
                                                                                    Pengukuran nilai wajar menggunakan:/
                                                                                        Fair value measurement using:
                                                                                                                        Input signifikan
                                                                                                                          yang tidak
                                                                                                 Input signifikan             dapat
                                                                         Harga kuotasian           yang dapat             diobservasi
                                                                         dalam pasar aktif        di observasi             (Level 3)/
                                                                             (Level 1)/             (Level 2)/            Significant
                                                                          Quoted prices            Significant          unobservable
                                                     Nilai Tercatat/   in active markets        observable inputs            inputs
                                                    Carrying Values          (Level 1)              (Level 2)              (Level 3)

      Aset yang nilai wajarnya disajikan:                                                                                                     Assets for which fair values are disclosed:
       Properti investasi yang dicatat pada biaya                                                                                              Investment properties carried at cost
          perolehan (Catatan 12)                     1.469.349.139                       -          6.103.529.400                      -          (Note 12)
        Aset tetap yang dicatat pada biaya                                                                                                      Property and equipment
          perolehan                                                                                                                               carried at cost
          Tanah dan bangunan (Catatan 13)              685.525.203                       -          6.099.978.676                      -          Land and buildings (Note 13)

      Liabilitas yang nilai wajarnya disajikan:
        (termasuk bagian yang akan jatuh tempo
        dalam waktu satu tahun dan lebih dari                                                                                                 Liabilities for which fair values are disclosed:
        satu tahun)                                                                                                                             (including current and noncurrent portion)
           Utang bank jangka panjang (Catatan 27)      163.536.227                       -            163.536.227                      -           Long-term bank loan (Note 27)
           Setoran jaminan (Catatan 26)                678.237.195                       -            663.881.652                      -           Security deposits (Note 26)




                                                                                         - 71 -
Page 361
PT JAKARTA INTERNATIONAL HOTELS &                                                                                PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                              DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                       For the Years Ended
31 Desember 2023 dan 2022                                                                                                     December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                                (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                         unless Otherwise Stated)


                                                                                             2022
                                                                                    Pengukuran nilai wajar menggunakan:/
                                                                                        Fair value measurement using:
                                                                                                                        Input signifikan
                                                                                                                          yang tidak
                                                                                                 Input signifikan             dapat
                                                                         Harga kuotasian           yang dapat             diobservasi
                                                                         dalam pasar aktif        di observasi             (Level 3)/
                                                                             (Level 1)/             (Level 2)/            Significant
                                                                          Quoted prices            Significant          unobservable
                                                     Nilai Tercatat/   in active markets        observable inputs            inputs
                                                    Carrying Values          (Level 1)              (Level 2)              (Level 3)

      Aset yang nilai wajarnya disajikan:                                                                                                  Assets for which fair values are disclosed:
       Properti investasi yang dicatat pada biaya                                                                                           Investment properties carried at cost
          perolehan (Catatan 12)                     1.531.519.707                       -           6.100.350.400                     -       (Note 12)
        Aset tetap yang dicatat pada biaya                                                                                                   Property and equipment
          perolehan                                                                                                                            carried at cost
          Tanah dan bangunan (Catatan 13)              714.511.300                       -           6.034.050.500                     -       Land and buildings (Note 13)

      Liabilitas yang nilai wajarnya disajikan:
        (termasuk bagian yang akan jatuh tempo
        dalam waktu satu tahun dan lebih dari                                                                                              Liabilities for which fair values are disclosed:
        satu tahun)                                                                                                                          (including current and noncurrent portion)
           Utang bank jangka panjang (Catatan 27)      263.297.517                       -            263.297.517                      -        Long-term bank loan (Note 27)
           Setoran jaminan (Catatan 26)                678.680.171                       -            666.054.631                      -        Security deposits (Note 26)


      Nilai wajar instrumen keuangan yang tidak                                                               The fair value of financial instruments that are
      diperdagangkan di pasar aktif ditentukan                                                                not traded in an active market is determined by
      menggunakan teknik penilaian. Teknik penilaian                                                          using valuation techniques. These valuation
      ini memaksimalkan penggunaan data pasar yang                                                            techniques maximize the use of observable
      dapat diobservasi yang tersedia dan sesedikit                                                           market data where it is available and rely as little
      mungkin mengandalkan estimasi spesifik yang                                                             as possible on entity’s specific estimates. If all
      dibuat oleh entitas. Jika seluruh input signifikan                                                      significant inputs required to fair value an
      yang dibutuhkan untuk menentukan nilai wajar                                                            instrument are observable, the instrument is
      dapat diobservasi, maka instrumen tersebut                                                              included in Level 2.
      termasuk dalam hirarki Level 2.


29.   Modal Saham                                                                                    29.      Capital Stock

      Susunan kepemilikan saham Perusahaan pada                                                               As of December 31, 2023 and 2022, the shares
      tanggal 31 Desember 2023 dan 2022                                                                       ownership in the Company, based on the records
      berdasarkan laporan yang dibuat oleh PT Raya                                                            of PT Raya Saham Registra, shares’ registrar,
      Saham Registra, Biro Administrasi Efek, sebagai                                                         as follows:
      berikut:
                                                                                             2023
                                                                  Jumlah                  Persentase                   Jumlah
                                                                  Saham/                 Kepemilikan/                Modal Disetor/
                                                                 Number of                Percentage                 Total Paid-up
                 Nama Pemegang Saham                              Shares                 of Ownership                Capital Stock                      Names of Stockholders
                                                                                              %
      Pemegang Saham Indonesia                                                                                                                Indonesian Stockholders
        PT Kresna Aji Sembada                                      932.401.192                       40,03              466.200.596              PT Kresna Aji Sembada
        Tn. Tomy Winata                                            306.243.700                       13,15              153.121.850              Mr. Tomy Winata
        PT Catur Kusuma Abadi Sejahtera                            164.604.361                        7,07               82.302.181              PT Catur Kusuma Abadi Sejahtera
        Tn. Sukardi Tandijono Tang                                 140.880.000                        6,05               70.440.000              Mr. Sukardi Tandijono Tang
        Tn. Tony Soesanto                                              917.200                        0,04                  458.600              Mr. Tony Soesanto
        Tn. Santoso Gunara                                             742.000                        0,03                  371.000              Mr. Santoso Gunara
        Nn. Lanny Pujilestari Liga                                      30.000                        0,00                   15.000              Miss. Lanny Pujilestari Liga
        Pemegang saham Indonesia lainnya                                                                                                         Other Indonesian stockholders
         (masing-masing dengan                                                                                                                    (with ownership interest of less
         kepemilikan kurang dari 5%)                               392.198.774                       16,84              196.099.386                than 5% each)

          Jumlah                                                1.938.017.227                        83,21              969.008.613               Total

      Pemegang Saham Asing                                                                                                                    Foreign Stockholders
        (masing-masing dengan                                                                                                                    (with ownership interest of less
        kepemilikan kurang dari 5%)                                391.023.255                       16,79              195.511.628              than 5% each)

      Jumlah                                                    2.329.040.482                       100,00            1.164.520.241           Total




                                                                                         - 72 -
Page 362
PT JAKARTA INTERNATIONAL HOTELS &                                            PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                          DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2023 dan 2022                                                                 December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                            (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


                                                              2022
                                           Jumlah          Persentase             Jumlah
                                           Saham/         Kepemilikan/          Modal Disetor/
                                          Number of        Percentage           Total Paid-up
               Nama Pemegang Saham         Shares         of Ownership          Capital Stock               Names of Stockholders
                                                               %
     Pemegang Saham Indonesia                                                                       Indonesian Stockholders
       PT Kresna Aji Sembada               932.401.192              40,03         466.200.596          PT Kresna Aji Sembada
       Tn. Tomy Winata                     306.243.700              13,15         153.121.850          Mr. Tomy Winata
       PT Catur Kusuma Abadi Sejahtera     164.604.361               7,07          82.302.181          PT Catur Kusuma Abadi Sejahtera
       Tn. Sukardi Tandijono Tang          140.880.000               6,05          70.440.000          Mr. Sukardi Tandijono Tang
       Tn. Tony Soesanto                       917.200               0,04             458.600          Mr. Tony Soesanto
       Nn. Lanny Pujilestari Liga               30.000               0,00              15.000          Miss. Lanny Pujilestari Liga
       Pemegang saham Indonesia lainnya                                                                Other Indonesian stockholders
         (masing-masing dengan                                                                          (with ownership interest of less
         kepemilikan kurang dari 5%)       392.091.274              16,83         196.045.637            than 5% each)

        Jumlah                            1.937.167.727             83,17         968.583.864           Total

     Pemegang Saham Asing                                                                           Foreign Stockholders
       (masing-masing dengan                                                                           (with ownership interest of less
       kepemilikan kurang dari 5%)         391.872.755              16,83         195.936.377          than 5% each)

     Jumlah                               2.329.040.482            100,00        1.164.520.241      Total


    Perusahaan   telah    mencatatkan         seluruh                       All of the shares of the Company are listed on
    sahamnya pada Bursa Efek Indonesia.                                     the Indonesia Stock Exchange.

    Manajemen Permodalan                                                    Capital Management

    Tujuan utama dari pengelolaan modal Grup                                The primary objective of the Group’s capital
    adalah untuk memastikan bahwa Grup                                      management is to ensure that it maintains
    mempertahankan rasio modal yang sehat dalam                             healthy capital ratios in order to support its
    rangka mendukung bisnis dan memaksimalkan                               business and maximize shareholder value.
    nilai pemegang saham.

    Grup mengelola struktur modal dan membuat                               The Group manages its capital structure and
    penyesuaian       terhadap    struktur   modal                          makes adjustments to it, in light of changes in
    sehubungan       dengan    perubahan    kondisi                         economic conditions. The Group monitors its
    ekonomi. Grup memantau modalnya dengan                                  capital using gearing ratios, by dividing net debt
    menggunakan analisa gearing ratio (rasio utang                          (consisting of bonds payable and bank loans) by
    terhadap modal), yakni membagi utang bersih                             total equity.
    (terdiri dari utang obligasi dan utang bank)
    terhadap jumlah ekuitas.

    Rasio utang bersih terhadap modal pada tanggal                          Ratio of net debt to equity                          as       of
    31 Desember 2023 dan 2022 adalah sebagai                                December 31, 2023 and 2022 follows:
    berikut:

                                                 2023                  2022

     Jumlah pinjaman                           264.536.227            269.297.517        Total borrowings
     Dikurangi: kas dan setara kas             412.934.749            324.480.649        Less: cash and cash equivalents

     Utang bersih                             (148.398.522)           (55.183.132)       Net debt

     Ekuitas                                 4.726.364.325          4.725.855.356        Total Equity

     Rasio pinjaman dan utang bersih
       terhadap modal                                      -                        -    Net Debt-to-Equity Ratio




                                                          - 73 -
Page 363
PT JAKARTA INTERNATIONAL HOTELS &                                            PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                          DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2023 dan 2022                                                                 December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                            (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


30.   Tambahan Modal Disetor - Bersih                            30.    Additional Paid-in Capital - Net

      Akun ini merupakan tambahan modal disetor                         This account represents additional paid-in capital
      sehubungan dengan:                                                in connection with the following:

                                                      Jumlah/Amount

      Agio modal saham yang berasal dari:                                   Premium on capital stock from:
          Penawaran Umum Saham Perdana (1984)             6.472.000            Initial Public Offering (1984)
          Penawaran Umum Saham Kedua (1988)              16.585.000            Second Public Offering (1988)
          Pencatatan Saham Pendiri (1989)                 2.026.000            Listing of Founders' Shares (1989)
          Pencatatan Saham Private Placement (1991)         460.000            Listing of Private Placements of Shares (1991)
          Pencatatan Saham Pendiri (1992)               653.998.355            Listing of Founders' Shares (1992)
          Pencatatan Saham yang berasal dari                                   Listing of Shares from Conversion of
              Penukaran Waran (1992)                    538.200.000                 Warrants (1992)
          Penawaran Umum Terbatas I (1996)              275.030.586            Rights Issue I (1996)
          Pencatatan Saham yang berasal dari
              Penambahan Modal Tanpa Hak                                        Listing of Shares from Additional Capital
              Memesan Efek Terlebih Dahulu (2011)       299.250.962                 Stock without Pre-emptive Rights (2011)
      Konversi tambahan modal disetor ke saham                              Conversion of additional paid-in capital to bonus
          bonus (1994)                                  (257.338.560)           shares (1994)
      Biaya emisi saham                                  (17.191.895)       Stock issuance costs
      Selisih nilai transaksi restrukturisasi                               Difference in value of restructuring transactions
          entitas sepengendali                          (868.563.770)           among entities under common control
      Tambahan modal disetor dari program                                   Additional paid-in capital from tax amnesty
          pengampunan pajak (2016)                         6.976.229            program (2016)
      Tambahan modal disetor dari program                                   Additional paid-in capital from tax amnesty
          pengampunan pajak (2017)                           16.454             program (2017)

      Saldo pada tanggal 31 Desember 2023 dan 2022      655.921.361         Balance as of December 31, 2023 and 2022


      Biaya    emisi    saham     merupakan  biaya                      Stock issuance cost represents the cost related
      sehubungan      dengan    Penawaran   Umum                        to the Company’s Right Issue I in July 1996 and
      Terbatas I pada bulan Juli 1996 dan                               Additional Capital Stock without Pre-emptive
      Penambahan Modal Tanpa Hak Memesan Efek                           Right in June 2011.
      Terlebih Dahulu pada bulan Juni 2011.




                                                        - 74 -
Page 364
PT JAKARTA INTERNATIONAL HOTELS &                                                 PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                               DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2023 dan 2022                                                                      December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                 (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


31.   Kepentingan Nonpengendali                                       31.    Non-controlling Interests

      a.   Kepentingan nonpengendali          atas    aset                   a.    Non-controlling interests in net assets
           (liabilitas) bersih entitas anak                                        (liabilities) of the subsidiaries

                                                     2023                   2022

           PT Danayasa Arthatama                 677.361.345           667.203.983        PT Danayasa Arthatama
           PT Pacific Place Jakarta              329.841.510           372.102.664        PT Pacific Place Jakarta
           PT Artharaya Bintang Semesta          153.461.029           172.190.723        PT Artharaya Bintang Semesta
           PT Dharma Harapan Raya                  5.016.377             4.526.292        PT Dharma Harapan Raya
           PT Trinusa Wiragraha                       24.614                24.614        PT Trinusa Wiragraha
           PT Citra Wiradaya                             920                   918        PT Citra Wiradaya
           PT Panduneka Abadi                            201                   201        PT Panduneka Abadi
           PT Pusatgraha Makmur                          191                   191        PT Pusatgraha Makmur
           PT Esagraha Puripratama                       187                   187        PT Esagraha Puripratama
           PT Artha Telekomindo                          162                   145        PT Artha Telekomindo
           PT Intigraha Arthayasa                        159                   163        PT Intigraha Arthayasa
           PT Artharaya Unggul Abadi                     154                   159        PT Artharaya Unggul Abadi
           PT Nusagraha Adicitra                         154                   158        PT Nusagraha Adicitra
           PT Grahamas Adisentosa                         67                    67        PT Grahamas Adisentosa
           PT Adimas Utama                                52                    52        PT Adimas Utama
           PT Grahaputra Sentosa                          22                    81        PT Grahaputra Sentosa
           PT Citra Adisarana                            (49)                  (49)       PT Citra Adisarana
           PT Graha Sampoerna                        (20.140)              (18.816)       PT Graha Sampoerna
           PT Majumakmur Arthasentosa             (2.292.950)           (2.102.022)       PT Majumakmur Arthasentosa
           PT Andana Utamagraha                   (9.397.625)           (9.900.260)       PT Andana Utamagraha

           Jumlah                               1.153.996.380         1.204.029.451       Total



      b.   Kepentingan nonpengendali atas jumlah                             b.    Non-controlling     interests  in  total
           penghasilan (rugi) komprehensif entitas                                 comprehensive     income (loss) of the
           anak                                                                    subsidiaries

                                                     2023                2022

           PT Pacific Place Jakarta              104.438.845            82.717.991        PT Pacific Place Jakarta
           PT Artharaya Bintang Semesta           46.397.581            36.745.052        PT Artharaya Bintang Semesta
           PT Danayasa Arthatama                  10.157.362            13.972.307        PT Danayasa Arthatama
           PT Andana Utamagraha                      502.635              (860.525)       PT Andana Utamagraha
           PT Dharma Harapan Raya                    490.085               270.273        PT Dharma Harapan Raya
           PT Artha Telekomindo                           19                    14        PT Artha Telekomindo
           PT Citra Wiradaya                               2                    29        PT Citra Wiradaya
           PT Grahamas Adisentosa                         (2)                   (9)       PT Grahamas Adisentosa
           PT Intigraha Arthayasa                         (4)                   (3)       PT Intigraha Arthayasa
           PT Nusagraha Adicitra                          (4)                   (4)       PT Nusagraha Adicitra
           PT Artharaya Unggul Abadi                      (4)                   (4)       PT Artharaya Unggul Abadi
           PT Grahaputra Sentosa                         (59)                    6        PT Grahaputra Sentosa
           PT Graha Sampoerna                         (1.324)               (5.057)       PT Graha Sampoerna
           PT Majumakmur Arthasentosa               (190.928)             (204.721)       PT Majumakmur Arthasentosa

           Jumlah                                161.794.204           132.635.349        Total




                                                             - 75 -
Page 365
PT JAKARTA INTERNATIONAL HOTELS &                                           PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                         DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2023 dan 2022                                                                December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                           (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)


32.   Pendapatan Usaha                                          32.     Revenues

      Rincian pendapatan usaha Grup menurut bidang                      The details of the Group’s revenues classified
      usahanya sebagai berikut:                                         based on line of business follows:

                                                2023                  2022

      Real estat                            630.614.891          557.559.728       Real estate
      Usaha hotel                           565.934.093          469.518.758       Hotel
      Jasa telekomunikasi                   263.336.716          237.454.339       Telecommunication services
      Jasa manajemen perhotelan               6.032.223            2.445.217       Hotel management services

      Jumlah                               1.465.917.923        1.266.978.042      Total


      Pendapatan real estat terutama berasal dari                       Real estate revenues mostly pertain to rental of
      pendapatan sewa “Pacific Place Mall” dan                          “Pacific Place Mall” and “Revenue Tower”.
      ”Revenue Tower”.

      Pada tahun 2023 dan 2022, tidak terdapat                          In 2023 and 2022, there were no revenues from
      pendapatan usaha dari pihak tertentu yang                         certain parties which exceeded 10% of the total
      melebihi 10% dari jumlah pendapatan usaha.                        revenues.


33.   Beban Pokok Penjualan                                     33.     Cost of Revenues

      Rincian dari beban      pokok penjualan   Grup                    The details of the Group’s cost of revenues
      sebagai berikut:                                                  follows:

                                                2023                  2022

      Usaha hotel                           228.907.493           209.505.304      Hotel
      Real estat                             87.860.778            84.645.282      Real estate

      Jumlah                                316.768.271           294.150.586      Total


      Tidak terdapat pembelian kepada pihak tertentu                    There were no purchases from certain parties
      yang melebihi 10% dari jumlah pendapatan                          which exceeded 10% of the total revenues.
      usaha.


34.   Beban Umum dan Administrasi                               34.     General and Administrative Expenses

                                                2023                  2022

      Real estat                             550.256.202          466.005.435       Real estate
      Usaha hotel                            228.028.506          218.958.731       Hotel
      Jasa telekomunikasi                    197.787.134          192.528.419       Telecommunication services
      Jasa manajemen perhotelan               18.281.050           14.567.306       Hotel management services

      Jumlah                                 994.352.892          892.059.891       Total




                                                       - 76 -
Page 366
PT JAKARTA INTERNATIONAL HOTELS &                                                    PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                  DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2023 dan 2022                                                                         December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                    (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)


35.   Pendapatan Sewa dan Pengelolaan Kawasan                            35.    Revenues   from         Rental      and         Estate
                                                                                Management

      Rincian pendapatan sewa dan pengelolaan                                   Rental revenues and estate management were
      kawasan adalah sebagai berikut:                                           generated from the following tenants:

                                                                  2023
                                                                      Persentase
                                                                      dari Jumlah
                                                                   Pendapatan Terkait/
                                                     Jumlah          Percentage to
                                                   Pendapatan/       Total Related
                                                 Total Revenues        Revenue
                                                                           %

      PT Electronic City Indonesia Tbk              29.394.382                      14,23   PT Electronic City Indonesia Tbk
      PT Lucky Strategis                            17.768.799                       8,60   PT Lucky Strategis
      PT Karunia Arthaprima                         14.968.976                       7,25   PT Karunia Arthaprima
      PT Kawasan Mandiri Bersama                    13.060.774                       6,32   PT Kawasan Mandiri Bersama
      Lain-lain (masing-masing kurang dari 5%)     131.330.339                      63,60   Others (less than 5% each)

      Jumlah                                       206.523.270                     100,00   Total


                                                                  2022
                                                                       Persentase
                                                                       dari Jumlah
                                                                    Pendapatan Terkait/
                                                     Jumlah           Percentage to
                                                   Pendapatan/        Total Related
                                                 Total Revenues         Revenue
                                                                            %

      PT Electronic City Indonesia Tbk              29.231.276                      15,97    PT Electronic City Indonesia Tbk
      PT Lucky Strategis                            17.456.137                       9,53    PT Lucky Strategis
      PT Karunia Arthaprima                         14.441.148                       7,89    PT Karunia Arthaprima
      PT Kawasan Mandiri Bersama                    12.727.374                       6,95    PT Kawasan Mandiri Bersama
      Lain-lain (masing-masing kurang dari 5%)     109.221.877                      59,66    Others (less than 5% each)

      Jumlah                                       183.077.812                     100,00    Total



36.   Imbalan Kerja Jangka Panjang                                       36.    Long-term Employee Benefits

      Besarnya imbalan kerja jangka panjang dihitung                            The amount of long-term employee benefits is
      berdasarkan peraturan yang berlaku.                                       determined based on the outstanding regulation.

      Program pensiun iuran pasti                                               Defined contribution pension plan

      Imbalan kerja jangka panjang The Ritz-Carlton                             The Ritz-Carlton Jakarta, Pacific Place (RCPP)
      Jakarta, Pacific Place (RCPP) didanai melalui                             provides defined contribution pension plan, which
      program dana pensiun iuran pasti. Dana tersebut                           is managed by DPLK Manulife Financial. Portion
      dikelola oleh DPLK Manulife Financial. Iuran                              of contribution borne by RCPP, ranging from
      pensiun yang ditanggung RCPP berkisar antara                              3% - 7% of the employees’ gross monthly
      3% - 7% dari gaji pokok bulanan karyawan dan                              salaries and was based on years of service.
      tergantung kepada masa kerja karyawan                                     During 2023 and 2022, portion of contribution
      tersebut. Selama tahun 2023 dan 2022, iuran                               borne by the RCPP amounted to Rp 2,438,373
      yang ditanggung oleh RCPP masing-masing                                   and Rp 2,285,184, respectively.
      sebesar Rp 2.438.373 dan Rp 2.285.184.



                                                             - 77 -
Page 367
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    Program pensiun manfaat pasti                                  Defined post-employment benefits

    Imbalan kerja jangka panjang Perusahaan                        The Company provides post-employment
    sebagian didanai melalui program dana pensiun                  benefits through defined benefits pension plan.
    manfaat pasti.

    Dana Pensiun tersebut dikelola oleh Dana                       The pension fund is managed by Dana Pensiun
    Pensiun      Jakarta    International    Hotels                Jakarta International Hotels & Development
    &     Development     (DAPEN      JIHD)   yang                 (DAPEN JIHD), which Deed of Establishment
    pendiriannya telah disetujui oleh Menteri                      was approved by the Ministry of Finance of the
    Keuangan Republik Indonesia berdasarkan                        Republic of Indonesia No. KEP-366/KM.17/2000
    surat    No.    KEP-366/KM.17/2000      tanggal                dated October 2, 2000. During 2023 and 2022,
    2 Oktober 2000. Selama tahun 2023 dan 2022,                    portion of contributions borne by the Company is
    iuran pensiun yang ditanggung oleh Perusahaan                  16.17% and 20.64%, respectively of the
    masing-masing sebesar 16,17% dan 20,64% dari                   employees gross monthly salaries.
    gaji pokok bulanan karyawan.

    Perhitungan aktuaria terakhir atas dana pensiun                The latest actuarial valuation upon the pension
    dan liabilitas imbalan kerja jangka panjang                    fund and the long-term employee benefits liability
    Perusahaan tersebut dilakukan oleh Kantor                      reserve of the Company was prepared by
    Konsultan Aktuaria Tumpal Marbun, FSAI,                        Kantor Konsultan Aktuaria Tumpal Marbun,
    aktuaris independen, tertanggal 15 Februari                    FSAI,    an    independent      actuary,   dated
    2024.                                                          February 15, 2024.

    Jumlah karyawan Grup yang berhak atas                          Number of the Group eligible employees is 1,234
    imbalan kerja jangka panjang tersebut masing-                  and 1,333 employees (unaudited) in 2023 and
    masing sebanyak 1.234 dan 1.333 karyawan                       2022, respectively.
    (tidak diaudit) pada tahun 2023 dan 2022.

    Jumlah-jumlah yang diakui di laporan laba rugi                 Amounts recognized in the consolidated
    dan penghasilan komprehensif lain konsolidasian                statements of profit or loss and other
    sehubungan dengan imbalan pasti adalah                         comprehensive income in respect of this benefit
    sebagai berikut:                                               plans follows:

                                              2023               2022

     Beban jasa kini                          9.824.563          9.711.894    Current service costs
     Beban jasa lalu                           (248.714)        (1.653.758)   Past service costs
     Beban bunga                              7.121.903          7.310.605    Interest costs
     Hasil keuntungan dari aset program      (2.210.420)        (1.817.088)   Return on plan assets
     Keuntungan atas penyelesaian                     -           (771.194)   Gain on settlement
     Komponen biaya imbalan                                                   Components of defined benefit costs
       pasti yang diakui di laba rugi        14.487.332        12.780.459        recognized in profit or loss

     Pengukuran kembali liabilitas imbalan                                    Remeasurement of the defined benefits
       pasti - kerugian (keuntungan)                                            liability - actuarial loss (gain)
       aktuarial diakui dalam penghasilan                                       recognized in other comprehensive
       komprehensif lain                      1.907.332        (16.892.141)     income

     Jumlah                                  16.394.664         (4.111.682)   Total




                                                      - 78 -
Page 368
PT JAKARTA INTERNATIONAL HOTELS &                                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
31 Desember 2023 dan 2022                                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)


    Alokasi beban (penghasilan)              imbalan        kerja                   Allocation of long-term          employee       benefit
    jangka panjang sebagai berikut:                                                 expense (income) follows:

                                                           2023                  2022

    Beban pokok penjualan                                  2.286.070            1.694.485    Cost of revenues
    Beban umum dan administrasi                           12.201.262           11.577.779    General and administrative expenses
    Penghasilan lain-lain - bersih                                 -             (491.805)   Other income - net

    Jumlah                                                14.487.332           12.780.459    Total


    Mutasi liabilitas imbalan kerja jangka panjang                                  Movements of long-term employee benefits
    adalah sebagai berikut:                                                         liability follows:

                                                           2023                  2022

     Saldo awal tahun                                     72.147.912           80.774.288    Balance at the beginning of the year
     Beban imbalan kerja                                                                     Long-term employee benefits
        jangka panjang tahun berjalan                     14.487.332           12.780.459       expense during the year
     Iuran pensiun                                        (5.069.917)          (4.567.569)   Pension contribution
     Pembayaran selama tahun berjalan                     (7.095.407)          (3.037.059)   Payments made during the year
     Aset program                                            238.820            3.089.934    Plan assets
                                                                                             Remeasurement of the defined
     Pengukuran kembali liabilitas imbalan pasti           1.907.332          (16.892.141)      benefits liability

     Saldo akhir tahun                                    76.616.072           72.147.912    Balance at the end of the year


    Asumsi-asumsi aktuarial utama yang digunakan                                    Principal actuarial assumptions used in valuation
    dalam perhitungan imbalan kerja jangka panjang:                                 of the long-term employee benefits liability
                                                                                    follows:

                                                         2023                        2022

     Tabel mortalita                                  TMI - 2019                 TMI - 2019          Mortality table
     Usia pensiun normal                           50-55 tahun/years          50-55 tahun/years      Normal pension age
     Tingkat diskonto per tahun                     6,39% - 6,78%              6,21% - 7,23%         Discount rate per annum
     Tingkat kenaikan gaji per tahun                5,00% - 8,50%              5,00% - 8,50%         Future salary increases per annum


    Analisa sensitivitas liabilitas imbalan pasti di                                The sensitivity analysis on the defined benefits
    bawah ini ditentukan berdasarkan kemungkinan                                    liability set out below have been determined
    perubahan asumsi yang terjadi pada tanggal                                      based on reasonably possible changes of the
    31 Desember 2023 dan 2022, dengan asumsi                                        respective      assumptions     occurring     at
    lainnya dianggap tetap:                                                         December 31, 2023 and 2022, while holding all
                                                                                    other assumptions constant:

                                                                    2023
                                       Dampak terhadap Liabilitas Imbalan Pasti Kenaikan (Penurunan)/
                                           Impact on Defined Benefit Liability Increase (Decrease)
                                  Perubahan asumsi/           Kenaikan asumsi/            Penurunan asumsi/
                                Change in Assumptions     Increase in Assumptions Decrease in Assumptions

    Tingkat diskonto                       1%                                (5.886.148)              6.636.934     Discount rate
    Tingkat pertumbuhan gaji               1%                                 5.538.754              (6.674.676)    Salary growth rate




                                                                    - 79 -
Page 369
PT JAKARTA INTERNATIONAL HOTELS &                                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2023 dan 2022                                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                              unless Otherwise Stated)


                                                                     2022
                                        Dampak terhadap Liabilitas Imbalan Pasti Kenaikan (Penurunan)/
                                            Impact on Defined Benefit Liability Increase (Decrease)
                                   Perubahan asumsi/           Kenaikan asumsi/            Penurunan asumsi/
                                 Change in Assumptions     Increase in Assumptions      Decrease in Assumptions

      Tingkat diskonto                    1%                              (5.125.451)                   6.250.755    Discount rate
      Tingkat pertumbuhan gaji            1%                               5.274.019                   (5.831.503)   Salary growth rate


37.   Pajak Penghasilan                                                   37.    Income Tax

      a.   Beban pajak Grup terdiri dari:                                        a.      Tax expense of the Group consists of the
                                                                                         following:

                                                             2023                  2022

            Pajak kini                                      12.059.689            11.169.751      Current tax
            Pajak tangguhan                                 17.749.314             6.309.784      Deferred tax

            Jumlah                                          29.809.003            17.479.535      Total



      b.   Pajak Kini                                                            b.      Current Tax

           Rekonsiliasi antara laba sebelum pajak                                        A reconciliation between profit before tax
           penghasilan menurut laporan laba rugi dan                                     per consolidated statements of profit or loss
           penghasilan       komprehensif        lain                                    and other comprehensive income and the
           konsolidasian    dengan     rugi    fiskal                                    fiscal loss of the Company follows:
           Perusahaan adalah sebagai berikut:

                                                              2023                    2022

            Laba sebelum pajak penghasilan                                                         Profit before income tax per
              menurut laporan laba rugi dan                                                           consolidated statements of profit
              penghasilan komprehensif lain                                                           or loss and other comprehensive
              konsolidasian                                243.933.520            150.054.919         income
            Laba sebelum pajak entitas anak               (266.932.008)          (237.323.040)     Profit before tax of the subsidiaries
            Rugi sebelum pajak Perusahaan                  (22.998.488)           (87.268.121)     Loss before tax of the Company
            Penyesuaian untuk pendapatan                                                           Adjustment for income
              yang telah dikenakan pajak final               (3.198.022)           (2.780.995)       already subjected to final tax

            Rugi sebelum pajak penghasilan                 (26.196.510)           (90.049.116)     Loss before income tax

            Perbedaan temporer:                                                                    Temporary differences:
              Perbedaan penyusutan antara                                                            Difference between fiscal and
                 fiskal dan komersial                       12.654.079            15.653.133            commercial depreciation
              Imbalan kerja jangka panjang
                 - bersih                                    (2.060.053)           (2.236.791)         Long-term employee benefits - net
              Cadangan untuk penggantian                                                               Reserve for replacement of
                 peralatan usaha                             1.599.468                4.207.653           operating equipment
              Aset hak-guna                                     46.061                  750.761        Right-of-use assets
              Cadangan kerugian penurunan nilai              9.060.233                1.189.521        Provision for impairment
               Jumlah                                       21.299.788            19.564.277           Total




                                                                 - 80 -
Page 370
PT JAKARTA INTERNATIONAL HOTELS &                                  PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
31 Desember 2023 dan 2022                                                       December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                  (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


                                                2023            2022


         Perbedaan tetap:                                                    Permanent differences:
           Beban umum dan administrasi         4.448.465       16.538.081      General and administrative expense
           Kesejahteraan karyawan             12.525.103       11.476.668      Employees' benefit
           Representasi                          892.542          942.443      Representation
           Pendapatan lain-lain                    4.147                -      Other Income
           Ekuitas pada rugi bersih                                            Share in net loss of
              entitas asosiasi                 9.382.580        9.009.732        an associate
            Jumlah                            27.252.837       37.966.924       Total
         Laba kena pajak (rugi fiskal)                                       Taxable income (fiscal loss)
           Perusahaan                         22.356.115      (32.517.915)     of the Company

         Rugi fiskal tahun lalu                                              Fiscal loss from prior years
           2022                               (32.517.915)              -       2022
           2021                               (68.173.982)    (68.173.982)      2021
         Akumulasi rugi fiskal                (78.335.782)   (100.691.897)   Accumulated fiscal losses



         Perhitungan beban dan utang pajak kini                     The current tax expense and tax payable of
         Grup adalah sebagai berikut:                               the Group are computed as follows:

                                                2023            2022

         Beban pajak kini                                                    Current tax expense
           Perusahaan                                   -               -       The Company
           Entitas Anak                        12.059.689      11.169.751       Subsidiaries

         Jumlah beban pajak kini               12.059.689      11.169.751    Total current tax expense

         Dikurangi pembayaran pajak di muka                                  Less prepaid income taxes
           Perusahaan                                   -               -       The Company
           Entitas Anak                        11.874.649      11.867.781       Subsidiaries

           Jumlah                              11.874.649      11.867.781       Subtotal

         Utang pajak (pajak dibayar dimuka)       185.040        (698.030)   Taxes payable (prepaid taxes)

         Terdiri dari:                                                       Consists of:
           Perusahaan (Catatan 19)                      -               -       The Company (Note 19)
           Entitas Anak (Catatan 19)              185.040          17.567       Subsidiaries (Note 19)
           Entitas Anak (Catatan 9)                     -        (715.597)      Subsidiaries (Note 9)

         Jumlah                                   185.040        (698.030)   Total




                                                   - 81 -
Page 371
PT JAKARTA INTERNATIONAL HOTELS &                                                                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
31 Desember 2023 dan 2022                                                                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                               unless Otherwise Stated)


    c.   Pajak Tangguhan                                                                                               c.        Deferred Tax

         Rincian aset (liabilitas) pajak tangguhan                                                                               The details of deferred tax assets (liabilities)
         Grup adalah sebagai berikut:                                                                                            of the Group are as follows:
                                                                    Dikreditkan (dibebankan) ke/                                 Dikreditkan (dibebankan) ke/
                                                                        Credited (charged) to                                         Credited (charged) to
                                                                                      Penghasilan                                                  Penghasilan
                                                                                   komprehensif lain/   31 Desember                              komprehensif lain/       31 Desember
                                                                                         Other              2022/                                      Other                  2023/
                                           1 Januari 2022/      Laba rugi/          comprehensive       December 31,         Laba rugi/           comprehensive           December 31,
                                           January 1, 2022     Profit or loss           income              2022            Profit or loss            income                  2023

         Aset pajak tangguhan                                                                                                                                                              Deferred tax assets
           Aset tetap                           170.686.040     (10.500.453)                        -      160.185.587       (12.535.838)                             -    147.649.749       Property and equipment
           Liabilitas imbalan kerja                                                                                                                                                          Long-term employee
               jangka panjang                    12.221.724         953.374               (3.211.718)        9.963.380           801.213                   120.479          10.885.072           benefits liability
           Rugi fiskal                           25.803.998      (1.536.545)                       -        24.267.453       (10.981.264)                        -          13.286.189       Fiscal loss
           Cadangan piutang tak tertagih          4.046.233         215.905                        -         4.262.138         1.993.251                         -           6.255.389       Allowance for doubtful account
           Aset lain-lain                           180.425          34.116                        -           214.541          (164.543)                        -              49.998       Other assets
           Cadangan untuk penggantian                                                                                                                                                        Reserve for replacement of
               peralatan operasional              2.347.643         925.684                         -        3.273.327           351.882                              -       3.625.209          operating equipment
           Aset hak-guna                             68.751         154.446                         -          223.197             2.088                              -         225.285      Right-of-use assets

            Jumlah                              215.354.814      (9.753.473)              (3.211.718)      202.389.623       (20.533.211)                  120.479         181.976.891        Total


         Liabilitas pajak tangguhan                                                                                                                                                        Deferred tax liability
            Aset tetap                          (65.035.598)      3.443.689                         -      (61.591.909)        2.783.897                              -     (58.808.012)     Property and equipment

         Aset pajak tangguhan - bersih          150.319.216      (6.309.784)              (3.211.718)      140.797.714       (17.749.314)                  120.479         123.168.879     Deferred tax assets - net




         Rincian aset (liabilitas) pajak tangguhan                                                                               The details of deferred tax assets
         masing-masing entitas adalah sebagai                                                                                    (liabilities) for each entity are as follows:
         berikut:

                                                                                             2023                            2022

         Aset pajak tangguhan - bersih                                                                                                                      Deferred tax assets - net
           PT Pacific Place Jakarta                                                    109.356.563                        132.290.475                          PT Pacific Place Jakarta
           PT Artha Telekomindo                                                          9.419.668                          9.799.194                          PT Artha Telekomindo
           PT Danayasa Arthatama                                                         5.034.738                          4.889.614                          PT Danayasa Arthatama
           PT Dharma Harapan Raya                                                          370.380                            477.585                          PT Dharma Harapan Raya
             Jumlah                                                                    124.181.349                        147.456.868                                 Total

         Liabilitas pajak tangguhan - bersih                                                                                                                Deferred tax liabilities - net
           Perusahaan                                                                      (1.012.470)                      (6.659.154)                        The Company

         Bersih                                                                        123.168.879                        140.797.714                       Net




                                                                                                  - 82 -
Page 372
PT JAKARTA INTERNATIONAL HOTELS &                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


         Rekonsiliasi antara beban pajak yang                          A reconciliation between total tax expense
         dihitung dengan menggunakan tarif pajak                       and the amounts computed by applying the
         yang berlaku dengan laba akuntansi                            effective tax rates to profit before tax per
         sebelum pajak seperti yang tercantum                          consolidated statements of profit or loss
         dalam laporan laba rugi dan penghasilan                       and other comprehensive income is as
         komprehensif lain konsolidasian adalah                        follows:
         sebagai berikut:

                                                   2023            2022

         Laba sebelum pajak penghasilan                                         Profit before income tax per
           menurut laporan laba rugi dan                                           consolidated statements of
           penghasilan komprehensif lain                                           profit or loss and other
           konsolidasian                         243.933.520     150.054.919       comprehensive income
         Laba sebelum pajak entitas anak        (266.932.008)   (237.323.040)   Profit before tax of the subsidiaries

         Rugi sebelum pajak Perusahaan           (22.998.488)    (87.268.121)   Loss before tax of the Company
         Penyesuaian untuk pendapatan                                           Adjustment for income
           yang telah dikenakan pajak final       (3.198.022)     (2.780.995)     already subjected to final tax

         Rugi sebelum pajak penghasilan          (26.196.510)    (90.049.116)   Loss before income tax

         Penghasilan pajak dengan tarif pajak                                   Tax benefit at effective
           yang berlaku                           (5.763.232)    (19.810.805)     tax rate
         Pengaruh pajak atas perbedaan tetap:                                   Tax effect of permanent differences:
           Beban umum dan administrasi               978.662       3.638.378      General and administrative expense
           Kesejahteraan karyawan                  2.755.523       2.524.867      Employees' Benefits
           Representasi                              196.359         207.338      Representation
           Pendapatan lain-lain                          912               -      Other Income
           Ekuitas pada rugi bersih
             entitas asosiasi                      2.064.168       1.982.141       Share in net loss of an associate
           Bersih                                  5.995.624       8.352.724    Net

         Jumlah beban pajak Perusahaan              232.392      (11.458.081)   Total tax of expense of the Company
         Aset pajak tangguhan yang
           tidak diakui                          (4.918.345)      7.153.941     Unrecognized deferred tax assets
         Penyesuaian aset pajak tangguhan                 -          45.790     Adjustment on deferred tax assets
         Jumlah beban pajak entitas anak         34.494.956      21.737.885     Total tax expense of the subsidiaries
         Jumlah Beban Pajak                      29.809.003      17.479.535     Total Tax Expense




                                                       - 83 -
Page 373
PT JAKARTA INTERNATIONAL HOTELS &                                                     PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                   DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2023 dan 2022                                                                          December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                     (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                              unless Otherwise Stated)


38.   Laba per Saham                                                      38.    Earnings per Share

      Perhitungan laba per saham sebagai berikut:                                The calculation of earnings per share follows:

                                                          2023                   2022

      Laba tahun berjalan yang dapat                                                           Profit for the year attributable to
        diatribusikan kepada pemilik entitas induk      52.589.424               3.871.071        owners of the Parent Company

      Rata-rata tertimbang jumlah saham                                                        Weighted average number of shares
        beredar selama tahun berjalan                 2.329.040.482        2.329.040.482         outstanding during the year

      Laba per saham (dalam Rupiah penuh)                      22,58                    1,66   Earnings per share (in full Rupiah)



39.   Sifat dan Transaksi Pihak Berelasi                                  39.    Nature of Relationship and Transactions with
                                                                                 Related Parties

      Sifat Pihak Berelasi                                                       Nature of Relationship

      a.   Perusahaan         Asosiasi       dan     Ventura                     a.     Associates and Joint Ventures:
           Bersama:

                                         •    PT Bina Mulia Unika
                                         •    PT First Jakarta International
                                         •    PT Golden Pasifik Mas
                                         •    PT Kreasi Cipta Karsa
                                         •    PT Lentera Duasatu Propertindo

      b.   Berikut adalah perusahaan yang pemegang                               b.     The following are the related parties which,
           sahamnya baik secara langsung maupun                                         directly or indirectly, have the same
           tidak langsung sama dengan Grup:                                             stockholders with that of the Group:

                                         •    Artha Graha Peduli
                                         •    PT Arthagraha General Insurance
                                         •    PT Bakti Artha Reksa Sejahtera
                                         •    PT Bank Artha Graha Internasional Tbk
                                         •    PT Buanagraha Arthaprima
                                         •    PT Cemerlang Pola Cahaya
                                         •    PT Danatel Pratama
                                         •    PT Electronic City Indonesia Tbk
                                         •    PT Kharisma Arya Paksi
                                         •    PT Manggala Prima Artha

      Transaksi dengan Pihak Berelasi                                            Transactions with Related Parties

      Dalam kegiatan usahanya, Grup melakukan                                    In the normal course of business, the Group
      transaksi tertentu dengan pihak-pihak berelasi,                            entered into certain transactions with related
      yang meliputi antara lain:                                                 parties, involving the following:




                                                                 - 84 -
Page 374
PT JAKARTA INTERNATIONAL HOTELS &                                                                  PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                         For the Years Ended
31 Desember 2023 dan 2022                                                                                       December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                  (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                           unless Otherwise Stated)


    a.   Rincian jenis transaksi yang signifikan                                                 a.      A summary of accounts relating to
         dengan pihak berelasi adalah sebagai                                                            significant transactions with related parties
         berikut:                                                                                        as follows:

                                                                                          Persentase terhadap Jumlah Aset/Liabilitas/
                                                             Jumlah/Total                    Percentage to Total Assets/Liabilities
                                                      2023                  2022                 2023                  2022
                                                                                                  %                      %
         Aset                                                                                                                           Assets

         Aset Lancar                                                                                                                    Current Assets
         Kas dan setara kas                                                                                                             Cash and cash equivalents
            PT Bank Artha Graha Internasional Tbk                                                                                         PT Bank Artha Graha Internasional Tbk
               Bank                                  77.952.185         46.525.914                      1,19                   0,71           Cash in banks
               Deposito berjangka                   227.902.821        172.122.700                      3,49                   2,61           Time deposits

         Jumlah                                     305.855.006        218.648.614                      4,68                   3,32     Total

         Piutang usaha                                                                                                                  Trade accounts receivable
            PT Kharisma Arya Paksi                    4.142.234              3.324.492                  0,06                   0,05        PT Kharisma Arya Paksi
            PT Bank Artha Graha Internasional Tbk     1.132.805              1.179.132                  0,02                   0,02        PT Bank Artha Graha Internasional Tbk
            Lain-lain                                 2.291.010              2.448.836                  0,04                   0,04        Others

         Jumlah                                       7.566.049              6.952.460                  0,12                   0,11     Total
         Cadangan kerugian penurunan nilai             (388.595)              (388.537)                (0,01)                 (0,01)    Allowance for impairment
         Jumlah - Bersih                              7.177.454              6.563.923                  0,11                   0,10     Total - Net

         Piutang lain-lain                                                                                                              Other accounts receivable
            PT Bank Artha Graha Internasional Tbk      164.017                106.130                   0,00                   0,00        PT Bank Artha Graha Internasional Tbk
            PT Kharisma Arya Paksi                      49.760                 49.760                   0,00                   0,00        PT Kharisma Arya Paksi

         Jumlah                                        213.777                155.890                   0,00                   0,00     Total

         Biaya dibayar di muka                                                                                                          Prepaid expenses
            PT Arthagraha General Insurance           4.908.529              4.777.750                  0,08                   0,07        PT Arthagraha General Insurance
            PT Bank Artha Graha Internasional Tbk       175.000                      -                  0,00                      -        PT Bank Artha Graha Internasional Tbk
            PT First Jakarta International              124.407                124.407                  0,00                   0,00        PT First Jakarta International
            PT Buanagraha Arthaprima                     82.135                126.760                  0,00                   0,00        PT Buanagraha Arthaprima
            PT Bakti Artha Reksa Sejahtera               11.624                 11.556                  0,00                   0,00        PT Bakti Artha Reksa Sejahtera

         Jumlah                                       5.301.695              5.040.473                  0,08                   0,07     Total

         Aset lancar lain-lain                                                                                                          Other current assets
            PT Buanagraha Arthaprima                   732.285                732.285                   0,01                   0,01        PT Buanagraha Arthaprima
            PT First Jakarta International             292.221                292.221                   0,00                   0,00        PT First Jakarta International
            PT Bank Artha Graha Internasional Tbk        1.000                  1.000                   0,00                   0,00        PT Bank Artha Graha Internasional Tbk

            Jumlah                                    1.025.506              1.025.506                  0,01                   0,01        Total

         Aset Tidak Lancar                                                                                                              Noncurrent Assets
         Piutang lain-lain                                                                                                              Other accounts receivable
            PT Lentera Duasatu Propertindo           17.710.000             17.710.000                  0,27                   0,27        PT Lentera Duasatu Propertindo
            PT Kharisma Arya Paksi                    1.020.000              1.020.000                  0,02                   0,02        PT Kharisma Arya Paksi

         Jumlah                                      18.730.000             18.730.000                  0,29                   0,29     Total
         Cadangan kerugian penurunan nilai           (9.245.897)            (9.245.897)                (0,14)                 (0,14)    Allowance for impairment
         Jumlah - Bersih                              9.484.103              9.484.103                  0,15                   0,15     Total - Net

         Investasi saham                                                                                                                Investments in shares of stock
            PT Kreasi Cipta Karsa                   278.022.502        260.597.467                      4,26                   3,96        PT Kreasi Cipta Karsa
            PT First Jakarta International           38.828.556         48.212.556                      0,59                   0,73        PT First Jakarta International
            PT Lentera Duasatu Propertindo           34.072.093         40.813.045                      0,52                   0,62        PT Lentera Duasatu Propertindo
            PT Bina Mulia Unika                       5.912.903          5.767.994                      0,09                   0,09        PT Bina Mulia Unika
            PT Golden Pasifik Mas                       984.000            984.000                      0,02                   0,01        PT Golden Pasifik Mas

         Jumlah                                     357.820.054        356.375.062                      5,48                   5,41     Total

         Aset pengampunan pajak                                                                                                         Tax amnesty assets
            PT First Jakarta International            3.057.773              3.057.773                  0,05                   0,05        PT First Jakarta International
            PT Manggala Prima Artha                       5.000                  5.000                  0,00                   0,00        PT Manggala Prima Artha

         Jumlah                                       3.062.773              3.062.773                  0,05                   0,05     Total




                                                                              - 85 -
Page 375
PT JAKARTA INTERNATIONAL HOTELS &                                                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                              For the Years Ended
31 Desember 2023 dan 2022                                                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                unless Otherwise Stated)

                                                                                         Persentase terhadap Jumlah Aset/Liabilitas/
                                                             Jumlah/Total                   Percentage to Total Assets/Liabilities
                                                      2023                  2022                2023                  2022
                                                                                                 %                      %
         Aset                                                                                                                          Assets

         Aset Tidak Lancar                                                                                                             Noncurrent Assets
         Aset tidak lancar lain-lain                                                                                                   Other noncurrent assets
            Uang muka                                                                                                                     Advance payments
                PT Bina Mulia Unika                   1.900.000              1.400.000                 0,03                   0,02           PT Bina Mulia Unika

            Setoran jaminan                                                                                                               Security deposits
               PT Buanagraha Arthaprima               1.417.720              1.132.021                 0,02                   0,02           PT Buanagraha Arthaprima
               PT Graha Artha Sentosa Sejahtera           5.000                  5.000                 0,00                   0,00          PT Graha Artha Sentosa Sejahtera

            Jumlah                                    1.422.720              1.137.021                 0,02                   0,02        Total

         Liabilitas                                                                                                                    Liabilities

         Liabilitas Jangka Pendek                                                                                                      Current Liabilities
         Utang bank jangka pendek                                                                                                      Short-term bank loans
            PT Bank Artha Graha Internasional Tbk    95.000.000                      -                 5,10                      -       PT Bank Artha Graha Internasional Tbk

         Utang usaha                                                                                                                   Trade accounts payable
            PT Buanagraha Arthaprima                    70.000                      -                  0,00                      -        PT Buanagraha Arthaprima
            PT Bakti Artha Reksa Sejahtera              16.500                609.409                  0,00                   0,03        PT Bakti Artha Reksa Sejahtera
            PT Danatel Pratama                          10.483                697.464                  0,00                   0,04        PT Danatel Pratama
            Lain-lain                                  240.966                 94.949                  0,02                   0,01        Others

         Jumlah                                        337.949               1.401.822                 0,02                   0,01     Total

         Liabilitas sewa                                                                                                               Lease liabilities
            PT First Jakarta International             153.160                151.106                  0,01                   0,00        PT First Jakarta International
            PT Buanagraha Arthaprima                    26.284                151.911                  0,00                   0,01        PT Buanagraha Arthaprima

         Jumlah                                        179.444                303.017                  0,01                   0,01     Total

         Beban akrual                                                                                                                  Accrued expenses
           PT Bank Artha Graha Internasional Tbk      1.914.205             43.592.799                 0,10                   2,35        PT Bank Artha Graha Internasional Tbk

         Pendapatan diterima di muka                                                                                                   Unearned revenues
           PT Electronic City Indonesia Tbk           6.924.000             13.848.000                 0,37                   0,75       PT Electronic City Indonesia Tbk

         Liabilitas jangka pendek lain-lain                                                                                            Other current liabilities
            PT Bank Artha Graha Internasional Tbk     1.844.614              1.879.343                 0,10                   0,10        PT Bank Artha Graha Internasional Tbk
            PT Arthagraha General Insurance              15.203              2.547.475                 0,00                   0,14        PT Arthagraha General Insurance
            PT First Jakarta International                1.000                  1.000                 0,00                   0,00        PT First Jakarta International
            Lain-lain                                   440.090                603.409                 0,02                   0,03        Others

         Jumlah                                       2.300.907              5.031.227                 0,12                   0,27     Total

         Utang bank jangka panjang                                                                                                     Long-term bank loans
            PT Bank Artha Graha Internasional Tbk      945.000                600.000                  0,05                   0,03        PT Bank Artha Graha Internasional Tbk

         Liabilitas Jangka Panjang                                                                                                     Noncurrent Liabilities
         Utang bank                                                                                                                    Bank loan
            PT Bank Artha Graha Internasional Tbk    47.714.000        137.924.000                     2,56                   7,44       PT Bank Artha Graha Internasional Tbk

         Liabilitas sewa                                                                                                               Lease liabilities
            PT First Jakarta International             118.047                178.417                  0,01                   0,01        PT First Jakarta International
            PT Buanagraha Arthaprima                         -                 26.284                     -                   0,00        PT Buanagraha Arthaprima

         Jumlah                                        118.047                204.701                  0,01                   0,01     Total

         Utang pihak berelasi                                                                                                          Due to related parties
            PT Cemerlang Pola Cahaya                  3.148.571              3.148.571                 0,17                   0,17       PT Cemerlang Pola Cahaya
            PT Lentera Duasatu Propertindo                    -              1.790.290                    -                   0,10       PT Lentera Duasatu Propertindo
            Lain-lain                                       195                    195                 0,00                   0,00       Others

         Jumlah                                       3.148.766              4.939.056                 0,17                   0,27     Total

         Pendapatan ditangguhkan                                                                                                       Deferred revenues
           PT First Jakarta International             7.618.438              7.618.438                 0,41                   0,41        PT First Jakarta International

         Liabilitas jangka panjang lain-lain                                                                                           Other noncurrent liabilities
            PT First Jakarta International          366.629.000        366.629.000                    19,67                  19,79        PT First Jakarta International
            PT Electronic City Indonesia Tbk          7.984.072          7.988.960                     0,44                   0,43        PT Electronic City Indonesia Tbk
            PT Lentera Duasatu Propertindo              447.037            443.170                     0,02                   0,02        PT Lentera Duasatu Propertindo
            PT Buanagraha Arthaprima                    408.771            416.511                     0,02                   0,02        PT Buanagraha Arthaprima
            PT Bina Mulia Unika                           8.959              7.674                     0,00                   0,00        PT Bina Mulia Unika
            PT Bank Artha Graha Internasional Tbk         8.625              7.423                     0,00                   0,00        PT Bank Artha Graha Internasional Tbk

         Jumlah                                     375.486.464        375.492.738                    20,15                  20,26     Total




                                                                                   - 86 -
Page 376
PT JAKARTA INTERNATIONAL HOTELS &                                                                 PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                               DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                        For the Years Ended
31 Desember 2023 dan 2022                                                                                      December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                 (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                          unless Otherwise Stated)

                                                                                        Persentase terhadap Jumlah Pendapatan/
                                                                                               Beban yang Bersangkutan/
                                                                                            Percentage to Total Respective
                                                            Jumlah/Total                          Revenue/Expenses
                                                     2023                  2022               2023                  2022
                                                                                                %                    %

         Pendapatan dan Beban Usaha                                                                                              Operating Revenues and Expenses

         Pendapatan usaha                                                                                                        Revenues
            PT Bank Artha Graha Internasional Tbk    8.613.301              7.640.054                0,59                 0,60      PT Bank Artha Graha Internasional Tbk
            PT Kharisma Arya Paksi                   5.380.787              1.051.237                0,37                 0,08      PT Kharisma Arya Paksi
            PT First Jakarta International             872.508                872.508                0,06                 0,07      PT First Jakarta International
            Lain-lain                                2.755.456              2.773.176                0,18                 0,22      Others

            Jumlah                                  17.622.052             12.336.975                1,20                 0,97      Total


         Beban umum dan administrasi                                                                                             General and administrative expenses
            PT Bakti Artha Reksa Sejahtera          48.196.290             42.695.314                4,85                 4,80     PT Bakti Artha Reksa Sejahtera
            PT Arthagraha General Insurance         11.092.468             15.526.138                1,11                 1,73     PT Arthagraha General Insurance
            PT Buanagraha Arthaprima                 7.768.623              6.642.549                0,78                 0,74     PT Buanagraha Arthaprima
            Artha Graha Peduli                       3.349.050              3.578.747                0,34                 0,40     Artha Graha Peduli
            PT First Jakarta International           1.798.012              1.772.183                0,18                 0,20     PT First Jakarta International
            Lain-lain                                  467.221                386.862                0,05                 0,04     Others

            Jumlah                                  72.671.664             70.601.793                7,31                 7,91      Total


         Penghasilan (beban) lain-lain                                                                                           Other income (expenses)

         Pendapatan sewa dan pengelolaan kawasan                                                                                 Revenue from rental and estate management
            PT Electronic City Indonesia Tbk        29.394.382             29.231.276               15,13                15,97      PT Electronic City Indonesia Tbk
            PT First Jakarta International           7.005.310              7.233.718                3,61                 3,95      PT First Jakarta International
            PT Buanagraha Arthaprima                 3.216.698              2.243.269                1,66                 1,23      PT Buanagraha Arthaprima
            PT Bina Mulia Unika                      2.261.694              2.119.443                1,16                 1,16      PT Bina Mulia Unika
            PT Lentera Duasatu Propertindo             989.119                960.593                0,51                 0,52      PT Lentera Duasatu Propertindo

            Jumlah                                  42.867.203             41.788.299               22,07                22,83      Total

         Pendapatan bunga                                                                                                        Interest income
            PT Bank Artha Graha Internasional Tbk    7.513.762              2.604.282               71,92                39,95       PT Bank Artha Graha Internasional Tbk

         Beban bunga                                                                                                             Interest expense
            PT Bank Artha Graha Internasional Tbk    8.355.153             21.833.194               41,86                64,30       PT Bank Artha Graha Internasional Tbk



    b.   Pada tanggal 31 Desember 2023 dan 2022,                                               b.      As of December 31, 2023 and 2022, the
         Grup mengasuransikan properti investasi                                                       Group insured its investment properties and
         dan aset tetap, kecuali tanah, kepada                                                         property and equipment except land, with
         PT Arthagraha General Insurance (AGI)                                                         PT Arthagraha General Insurance (AGI)
         (Catatan 12 dan 13).                                                                          (Notes 12 and 13).

    c.   AT, entitas anak, mengadakan perjanjian                                               c.      AT, a subsidiary, entered into several
         kerja sama di bidang telekomunikasi                                                           telecommunication   agreements       with
         dengan PT First Jakarta International dan                                                     PT First Jakarta International and
         PT Buanagraha Arthaprima (Catatan 41c).                                                       PT Buanagraha Arthaprima (Note 41c).

    d.   Jumlah remunerasi yang diberikan kepada                                               d.      The total remuneration of the Company’s
         Dewan Komisaris dan Direksi Perusahaan                                                        Board of Commissioners and Directors in
         pada tahun 2023 dan 2022 masing-masing                                                        2023 and 2022 amounted to Rp 10,963,710
         sebesar Rp 10.963.710 dan Rp 8.153.555.                                                       and Rp 8,153,555, respectively.




                                                                             - 87 -
Page 377
PT JAKARTA INTERNATIONAL HOTELS &                                                 PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                               DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2023 dan 2022                                                                      December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                 (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


40.   Tujuan dan Kebijakan Manajemen Risiko                           40.    Financial Risk Management Objectives and
      Keuangan                                                               Policies

      Aktivitas Grup terpengaruh berbagai risiko                             The Group activities are exposed to a variety of
      keuangan: risiko mata uang asing, risiko suku                          financial risks: foreign exchange risk, interest rate
      bunga, risiko kredit dan risiko likuiditas. Program                    risk, credit risk and liquidity risk. The Group’s
      manajemen risiko Grup secara keseluruhan                               overall risk management programme focuses on
      difokuskan pada pasar keuangan yang tidak                              the unpredictability of financial markets and
      dapat diprediksi dan Grup berusaha untuk                               seeks to minimize potential adverse effects on
      meminimalkan      dampak       yang       berpotensi                   the Group’s financial performance.
      merugikan kinerja keuangan Grup.

      Direksi bertugas menentukan prinsip dasar                              The Directors have the responsibility to
      kebijakan manajemen risiko Grup secara                                 determine the basic principles of the Group’s risk
      keseluruhan serta kebijakan pada area tertentu                         management as well as principles covering
      seperti risiko mata uang asing, risiko suku                            specific areas, such as foreign exchange risk,
      bunga, risiko kredit dan risiko likuiditas.                            interest rate risk, credit risk and liquidity risk.

      Risiko Mata Uang Asing                                                 Foreign Exchange Risk

      Grup terpengaruh risiko nilai tukar mata uang                          The Group is exposed to foreign exchange risk
      asing yang timbul dari berbagai eksposur mata                          arising from various currency exposures,
      uang, terutama terhadap Dolar Amerika Serikat.                         primarily with respect to the United States Dollar.
      Risiko nilai tukar mata uang asing timbul dari                         Foreign exchange risk arises from future
      transaksi komersial di masa depan serta aset                           commercial transactions and recognized assets
      dan liabilitas yang diakui. Eksposur Grup yang                         and liabilities. The Group’s exposures to the
      terpengaruh        risiko nilai tukar  terutama                        foreign exchange risk relates primarily to cash
      berhubungan dengan kas dan setara kas dan                              and cash equivalents and other liabilities.
      liabilitas lain-lain.

      Transaksi umum yang dilakukan Grup (seperti                            The Group’s major transaction (i.e. sales,
      penjualan, pembelian dan beban usaha)                                  purchases and operating expenses) are mostly
      sebagian besar menggunakan mata uang                                   denominated in Indonesia currency. The
      Rupiah. Manajemen melakukan reviu berkala                              management regularly reviews its foreign
      atas eksposur mata uang asing (Catatan 43).                            currency exposure (Note 43).

      Pada tanggal 31 Desember 2023 dan 2022, jika                           As of December 31, 2023 and 2022, if the
      mata uang Rupiah melemah/menguat sebesar                               Rupiah currency had weakened/strengthened by
      5% terhadap Dolar Amerika Serikat dengan                               5%, against the U.S. Dollar with all other
      variabel lain konstan, laba sebelum pajak untuk                        variables held constant, the profit before tax for
      tahun-tahun yang berakhir pada tanggal tersebut                        the years then ended would have been
      akan lebih tinggi/rendah masing-masing sebesar                         Rp 1,321,819 and Rp 752,188 higher/lower,
      Rp 1.321.819 dan Rp 752.188.                                           respectively.

      Risiko Suku Bunga                                                      Interest Rate Risk

      Risiko suku bunga adalah risiko dimana nilai                           Interest rate risk is the risk that the fair value or
      wajar atau arus kas kontraktual masa datang dari                       contractual future cash flows of a financial
      suatu instrumen keuangan akan terpengaruh                              instrument will be affected due to changes in
      akibat perubahan suku bunga pasar. Eksposur                            market interest rates. The Group’s exposure to
      Grup yang terpengaruh risiko suku bunga                                the interest rate risk relates primarily to bank
      terutama terkait dengan utang bank.                                    loans.




                                                             - 88 -
Page 378
PT JAKARTA INTERNATIONAL HOTELS &                                                           PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                         DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                  For the Years Ended
31 Desember 2023 dan 2022                                                                                December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                           (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                    unless Otherwise Stated)


    Manajemen Grup melakukan penelaahan atas                                             The Group’s management also assesses rates
    suku bunga yang ditawarkan oleh kreditur untuk                                       and if market interest rate decreased
    mendapatkan suku bunga yang telah ditetapkan.                                        significantly, management of the Group would
    Apabila suku bunga pasar turun secara                                                negotiate to decrease the interest rate on its
    signifikan, manajemen Grup akan melakukan                                            obligations.
    negosiasi untuk menurunkan suku bunga
    tersebut.

    Tabel berikut adalah nilai tercatat berdasarkan                                      The following table sets out the carrying amount,
    jatuh temponya, atas liabilitas keuangan                                             by maturity of the Group’s consolidated financial
    konsolidasian Grup yang terkait risiko suku                                          liabilities that are exposed to interest rate risk:
    bunga:

                                                                                           2023
                                                   Jatuh Tempo           Jatuh Tempo                Jatuh Tempo             Jatuh Tempo
                                 Suku Bunga/     dalam Satu Tahun/    dalam 1 - 2 tahun/         dalam 3 - 5 tahun/       lebih dari 5 tahun/   Jumlah/
                                 Interest Rate    Within One Year    Within 1st - 2nd Years     Within 3rd - 5th Years   More than 5th Years     Total
                                       %
    Liabilitas/Liabilities
    Utang bank jangka panjang/
       Long-term bank loans       8% - 11%              16.763.842              35.825.527               110.946.858                        -   163.536.227

                                                                                           2022
                                                   Jatuh Tempo           Jatuh Tempo                Jatuh Tempo             Jatuh Tempo
                                 Suku Bunga/     dalam Satu Tahun/    dalam 1 - 2 tahun/         dalam 3 - 5 tahun/       lebih dari 5 tahun/   Jumlah/
                                 Interest Rate    Within One Year    Within 1st - 2nd Years     Within 3rd - 5th Years   More than 5th Years     Total
                                       %
    Liabilitas/Liabilities
    Utang bank jangka panjang/
       Long-term bank loans       8% - 11%              10.925.360              19.443.260                219.694.798              13.234.099   263.297.517



    Pada tanggal 31 Desember 2023 dan 2022, jika                                         As of December 31, 2023 and 2022, if interest
    suku bunga atas pinjaman lebih tinggi/rendah 1%                                      rates on borrowings had been 1% higher/lower
    dan variabel lain dianggap tetap, laba sebelum                                       with all other variables held constant, profit
    pajak untuk tahun-tahun yang berakhir pada                                           before tax for the years then ended would have
    tanggal tersebut akan lebih rendah/tinggi                                            been Rp 1,635,362 and Rp 2,632,975
    masing-masing sebesar Rp 1.635.362 dan                                               lower/higher, respectively, mainly as a result of
    Rp     2.632.975   terutama    sebagai    akibat                                     higher/lower interest expense on floating rate
    tingginya/rendahnya beban bunga dari pinjaman                                        borrowings.
    dengan suku bunga mengambang.

    Risiko Kredit                                                                        Credit Risk

    Risiko kredit adalah risiko bahwa Grup akan                                          Credit risk is the risk that the Group will incur
    mengalami kerugian yang timbul dari pelanggan                                        a loss arising from the customers or
    atau pihak lawan akibat gagal memenuhi utang                                         counterparties which fail to fulfill their contractual
    kontraktualnya. Manajemen berpendapat bahwa                                          obligations. Management believes that there are
    tidak terdapat risiko kredit yang terkonsentrasi                                     not significant concentrations of credit risk. The
    secara signifikan. Grup mengendalikan risiko                                         Group manages and controls the credit risk by
    kredit dengan cara melakukan hubungan usaha                                          dealing only with recognized and credit worthy
    dengan pihak lain yang memiliki kredibilitas,                                        parties, setting internal policies on verifications
    menetapkan kebijakan verifikasi dan otorisasi                                        and authorizations of credit, and regularly
    kredit, serta memantau kolektibilitas piutang                                        monitoring the collectability of receivables to
    secara berkala untuk mengurangi jumlah piutang                                       reduce the exposure to bad debts.
    tak tertagih.




                                                                      - 89 -
Page 379
PT JAKARTA INTERNATIONAL HOTELS &                                                             PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                           DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                    For the Years Ended
31 Desember 2023 dan 2022                                                                                  December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                             (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                      unless Otherwise Stated)


    Berikut adalah eksposur maksimum yang terkait                                          The table below shows the maximum exposure
    risiko kredit pada tanggal 31 Desember 2023 dan                                        related to credit risk as of December 31, 2023
    2022:                                                                                  and 2022:

                                                           2023                                        2022
                                           Jumlah Bruto/          Jumlah Neto/         Jumlah Bruto/            Jumlah Neto/
                                          Gross Amounts           Net Amounts         Gross Amounts             Net Amounts

    Kas dan setara kas                        411.086.022            411.086.022           322.466.706              322.466.706        Cash and cash equivalents
    Piutang usaha                              78.160.362             46.091.097            68.148.514               44.947.091        Trade accounts receivable
    Piutang lain-lain                          38.845.168             25.793.897            35.104.854               24.712.367        Other accounts receivable
    Aset lain-lain                                                                                                                     Other assets
      Setoran jaminan                          11.644.812             11.644.812            11.152.796               11.152.796          Security deposits
      Deposito berjangka yang
        dibatasi pencairannya                   1.677.514              1.677.514             1.893.670                   1.893.670        Restricted time deposits
      Rekening giro yang                                                                                                                  Restricted cash in
        dibatasi pencairannya                     804.037                804.037               788.563                    788.563           current accounts

    Jumlah                                    542.217.915            497.097.379           439.555.103              405.961.193        Total


    Risiko Likuiditas                                                                      Liquidity Risk

    Risiko likuiditas adalah risiko kerugian yang                                          Liquidity risk is a risk arising when the cash flows
    timbul karena Grup tidak memiliki arus kas yang                                        position of the Group is not enough to cover the
    memadai untuk memenuhi liabilitasnya.                                                  liabilities which become due.

    Dalam pengelolaan risiko likuiditas, manajemen                                         In the management of liquidity risk, management
    memantau dan menjaga jumlah kas dan setara                                             monitors and maintains a level of cash and cash
    kas yang dianggap memadai untuk membiayai                                              equivalents deemed adequate to finance the
    operasional Grup dan untuk mengatasi dampak                                            Group’s operations and to mitigate the effects of
    fluktuasi arus kas. Manajemen juga melakukan                                           fluctuation in cash flows. Management also
    evaluasi berkala atas proyeksi arus kas dan arus                                       regularly evaluates the projected and actual cash
    kas aktual, termasuk jadwal jatuh tempo utang,                                         flows, including loan maturity profiles, and
    dan terus-menerus melakukan penelaahan pasar                                           continuously assesses conditions in the financial
    keuangan      untuk     mendapatkan      sumber                                        markets for opportunities to obtain optimal
    pendanaan yang optimal.                                                                funding sources.

    Berikut adalah jadwal jatuh tempo liabilitas                                           The table below summarizes the maturity profile
    keuangan Grup berdasarkan pembayaran                                                   of the Group’s financial liabilities based on
    kontraktual yang tidak didiskontokan (tidak                                            contractual undiscounted payments (excluding
    termasuk pembayaran bunga) pada tanggal                                                interest payment) as of December 31, 2023 and
    31 Desember 2023 dan 2022:                                                             2022:

                                                                  31 Desember 2023/December 31, 2023
                                <= 1 tahun/      1- 2 tahun/       3 - 5 tahun/     > 5 tahun/            Jumlah/             Nilai Tercatat/
                                 <= 1 year       1 - 2 years       3 - 5 years      > 5 years              Total              As Reported

    Liabilitas                                                                                                                                    Liabilities
    Utang bank jangka pendek     95.000.000                 -                 -               -            95.000.000             95.000.000      Short-term bank loans
    Utang bank jangka panjang    17.070.000        36.100.000       111.298.864               -           164.468.864            163.536.227      Long-term bank loans
    Utang obligasi                6.000.000                 -                 -               -             6.000.000              6.000.000      Bonds payable
    Utang usaha                  71.234.244                 -                 -               -            71.234.244             71.234.244      Trade accounts payable
    Beban akrual                 88.004.022                 -                 -               -            88.004.022             88.004.022      Accrued expenses
    Utang pihak berelasi          3.148.766                 -                 -               -             3.148.766              3.148.766      Due to related parties
    Liabilitas sewa               2.080.319         2.995.749           479.125               -             5.555.193              5.080.001      Lease liabilities
    Liabilitas lain - lain      386.606.805        78.032.188        45.490.371     458.760.423           968.889.787            968.889.787      Other liabilities

    Jumlah                      669.144.156       117.127.937       157.268.360     458.760.423          1.402.300.876         1.400.893.047      Total




                                                                          - 90 -
Page 380
PT JAKARTA INTERNATIONAL HOTELS &                                                          PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                        DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                 For the Years Ended
31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                          (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                   unless Otherwise Stated)


                                                              31 Desember 2022/December 31, 2022
                                  <= 1 tahun/   1- 2 tahun/    3 - 5 tahun/     > 5 tahun/          Jumlah/        Nilai Tercatat/
                                   <= 1 year    1 - 2 years    3 - 5 years      > 5 years            Total         As Reported

      Liabilitas                                                                                                                     Liabilities
      Utang bank jangka panjang    11.370.000    19.875.000    220.619.000       13.239.864         265.103.864       263.297.517    Long-term bank loans
      Utang obligasi                6.000.000             -              -                -           6.000.000         6.000.000    Bonds payable
      Utang usaha                  65.197.882             -              -                -          65.197.882        65.197.882    Trade accounts payable
      Beban akrual                124.760.993             -              -                -         124.760.993       124.760.993    Accrued expenses
      Utang pihak berelasi          4.939.056             -              -                -           4.939.056         4.939.056    Due to related parties
      Liabilitas sewa               1.809.220       582.945         81.000                -           2.473.165         2.337.043    Lease liabilities
      Liabilitas lain - lain      399.913.309    74.631.889     56.094.358      457.690.472         988.330.028       988.330.028    Other liabilities

      Jumlah                      613.990.460    95.089.834    276.794.358      470.930.336        1.456.804.988    1.454.862.519    Total



41.   Perjanjian Penting dan Komitmen                                          41.     Significant Contracts and Commitments

      a.       Perjanjian dengan International Hotel                                    a.     Agreements with International                         Hotel
               Licensing Company (IHLC)                                                        Licensing Company (IHLC)

               Pada tanggal 31 Maret 2006, PT Pacific                                          On March 31, 2006, PT Pacific Place
               Place Jakarta mengadakan perjanjian                                             Jakarta entered into an operating
               dengan IHLC yang berlaku untuk jangka                                           agreement with IHLC which is valid for
               waktu dua puluh (20) tahun terhitung sejak                                      twenty    (20)   years     starting   from
               tanggal dimulainya kegiatan operasional                                         commencement date (November 22, 2007)
               (22    November     2007)    dan     dapat                                      and can be extended up to ten (10) years.
               diperpanjang kembali untuk jangka waktu
               sampai sepuluh (10) tahun.

      b.       Perjanjian dengan Conrad International                                   b.     Agreements with Conrad International
               Investment Corporation (Conrad) dan                                             Investment Corporation (Conrad) and
               Perusahaan Afiliasinya                                                          Affiliated Companies

               Pada tahun 1994, DA, entitas anak dan                                           In 1994, DA, a subsidiary, and Conrad
               Conrad       menandatangani    perjanjian                                       signed an agreement in relation to the
               sehubungan dengan pendirian perusahaan                                          establishment a joint venture company
               patungan            dengan         nama                                         under the name PT Jakarta International
               PT Jakarta International Artha (JIA).                                           Artha (JIA). Further, based on Termination
               Selanjutnya,     berdasarkan   Perjanjian                                       Agreement dated July 22, 2005, DA,
               Penghentian     (Termination  Agreement)                                        Conrad and JIA, agreed to terminate the
               tanggal 22 Juli 2005, DA, Conrad dan JIA                                        aforementioned cooperation agreement
               menyetujui untuk menghentikan perjanjian                                        with some requirements which have been
               kerjasama tersebut dengan beberapa                                              agreed by the parties.
               persyaratan yang disepakati oleh para
               pihak tersebut.

      c.       Perjanjian Kerjasama                                                     c.     Cooperation Agreements

               AT, entitas anak, telah menandatangani                                          AT, a subsidiary, has signed cooperation
               perjanjian kerjasama dengan berbagai                                            agreements with various parties, to provide
               pihak     berkaitan   dengan    sarana                                          telecommunication facilities.
               telekomunikasi.




                                                                      - 91 -
Page 381
PT JAKARTA INTERNATIONAL HOTELS &                                                 PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                               DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2023 dan 2022                                                                      December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                 (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


      d.   Perjanjian Pembangunan, Pengelolaan                               d.   Build, Operate and Transfer Agreement
           dan Penyerahan Kembali

           DA, entitas anak, mengadakan Perjanjian                                DA, a subsidiary, entered into a Build,
           Pembangunan,           Pengelolaan         dan                         Operate and Transfer (BOT) Agreement
           Penyerahan Kembali (Build, Operate and                                 with PT Bukit Lentera Sejahtera (BLS) for
           Transfer/BOT) dengan PT Bukit Lentera                                  the later to build a five-star hotel on land
           Sejahtera (BLS), dimana BLS akan                                       owned by DA, which is located on Lot 11
           membangun hotel bintang lima di atas                                   Sudirman Central Business District. The
           lahan milik DA yang berlokasi di Lot 11                                hotel will be named Alila Suites. The term of
           Kawasan Niaga Terpadu Sudirman. Hotel                                  BOT is twenty-five (25) years starting from
           tersebut akan diberi nama Alila Suites.                                the issuance date of Building Construction
           Jangka waktu BOT adalah dua puluh lima                                 Permit (IMB), and can be extended for five
           (25) tahun sejak tanggal diterbitkannya Ijin                           (5) years with prior approval from DA. All of
           Mendirikan Bangunan (IMB), dan dapat                                   the hotel construction costs are borne by
           diperpanjang selama lima (5) tahun dengan                              BLS. Upon the expiration of BOT
           persetujuan DA. Seluruh biaya proyek                                   agreement, BLS is required to transfer the
           menjadi tanggungan BLS. Setelah jangka                                 hotel to DA. This BOT agreement is
           waktu      BOT      berakhir,    BLS      wajib                        documented in Notarial Deed No. 76 dated
           menyerahkan hotel tersebut kepada DA.                                  March 10, 2011 of Sutjipto, S.H., M.Kn.,
           Perjanjian BOT ini telah didokumentasikan                              public notary in Jakarta.
           dengan Akta No. 76 tanggal 10 Maret 2011
           dari Sutjipto, S.H., M.Kn., notaris di Jakarta.

      e.   Perjanjian    Kerjasama      Pengembangan                         e.   Cooperation Agreement for Business
           Bisnis                                                                 Development

           Pada tanggal 14 Februari 2013, DA, entitas                             On February 14, 2013, DA, a subsidiary,
           anak dan PT Sanggata Lestari Utama                                     and PT Sanggata Lestari Utama (SLU), a
           (SLU), pihak ketiga, menandatangani                                    third party, have entered into a Cooperation
           Perjanjian    Kerjasama,   dimana      DA                              Agreement, wherein DA assigned SLU to
           menugaskan SLU untuk mencari lahan                                     look for land that can be used as land for
           yang dapat dijadikan sebagai lahan                                     the development for DA. In relation to this
           pengembangan bagi DA. Terkait dengan                                   purpose, DA will provide advances to SLU.
           tujuan ini, DA akan memberikan sejumlah                                Both parties agreed that the transfer of land
           uang muka kepada SLU. Kedua belah pihak                                will be done by the transfer of title to DA or
           setuju bahwa penyerahan lahan akan                                     by investing in shares of SLU by DA.
           dilakukan dengan proses balik nama
           kepada DA atau dengan penyertaan saham
           SLU oleh DA.


42.   Segmen Operasi                                                  42.    Operating Segments

      Segmen operasi dilaporkan sesuai dengan                                Operating segments are reported in accordance
      pelaporan internal kepada pembuat keputusan                            with the internal reporting provided to the chief
      operasional, yang bertanggung jawab atas                               operating decision maker, which is responsible
      alokasi sumber daya ke masing-masing segmen                            for allocating resources to the reportable
      yang dilaporkan serta menilai kinerja masing-                          segments and assesses its performance. The
      masing segmen tersebut. Grup memiliki empat                            Group has four (4) reportable segments namely
      (4) segmen yang dilaporkan meliputi hotel, real                        hotel, real estate, telecommunication services,
      estat, jasa telekomunikasi dan jasa manajemen                          and hotel management services.
      perhotelan.




                                                             - 92 -
Page 382
PT JAKARTA INTERNATIONAL HOTELS &                                                                           PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                         DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                  For the Years Ended
31 Desember 2023 dan 2022                                                                                                December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                           (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                                    unless Otherwise Stated)

                                                                              31 Desember 2023/December 31, 2023
                                                                                   Jasa                 Jasa
                                                                             Telekomunikasi/   Manajemen Perhotelan/
                                         Hotel/          Real Estat/        Telecommunication    Hotel Management       Eliminasi/        Konsolidasi/
                                         Hotel           Real Estate             Services             Services         Elimination        Consolidated

    Pendapatan usaha                     565.934.093         632.347.966          265.811.265           19.102.729         (17.278.130)     1.465.917.923    Revenues

    Hasil segmen                         335.293.525         544.487.188          265.811.265           19.102.729         (15.545.055)     1.149.149.652    Segment result

    Laba (rugi) usaha                    162.527.270        (158.558.792)          44.455.676              736.797             500.000         49.660.951    Income (loss) from operations
    Pendapatan sewa dan                                                                                                                                      Revenues from rental and estate
       pengelolaan kawasan                          -        206.523.270                    -                    -                   -        206.523.270       management
    Pendapatan bunga                        1.183.767          4.141.993            5.104.440               17.534                   -         10.447.734    Interest income
    Beban bunga dan beban                                                                                                                                    Interest expenses and other
       keuangan lainnya                     (296.490)        (19.448.141)            (203.569)              (9.195)                  -        (19.957.395)      financial charges
    Lain-lain - bersih                    15.298.412          53.679.709             (662.696)             345.496         (71.401.961)        (2.741.040)   Others - net

    Penghasilan (beban) lain-lain         16.185.689         244.896.831            4.238.175              353.835         (71.401.961)       194.272.569    Other income (expense)
    Laba (rugi) sebelum pajak            178.712.959          86.338.039           48.693.851            1.090.632         (70.901.961)       243.933.520    Profit (loss) before tax
    Beban pajak                                    -          19.659.120            9.736.299              413.584                   -         29.809.003    Tax expense
    Laba (rugi) tahun berjalan           178.712.959          66.678.919           38.957.552              677.048         (70.901.961)       214.124.517    Profit (loss) for the year

    Aset segmen                          195.183.501       5.585.428.835          383.097.265           18.841.038        (167.831.711)     6.014.718.928    Segment assets
    Aset yang tidak dialokasikan                   -         147.451.404            9.567.868              370.381              (3.448)       157.386.205    Unallocated assets
    Investasi saham                                -       3.674.872.763                    -              984.000      (3.318.036.709)       357.820.054    Investment in shares of stock

    Jumlah aset                          195.183.501       9.407.753.002          392.665.133           20.195.419      (3.485.871.868)     6.529.925.187    Total assets

    Liabilitas segmen                    220.944.452       1.637.826.439           64.870.744            7.273.778        (160.213.274)     1.770.702.139    Segment liabilities
    Liabilitas yang tidak dialokasikan    17.681.292          11.766.761            3.029.973              380.697                   -         32.858.723    Unallocated liabilities

    Jumlah Liabilitas                    238.625.744       1.649.593.200           67.900.717            7.654.475        (160.213.274)     1.803.560.862    Total Liabilities



                                                                              31 Desember 2022/December 31, 2022
                                                                                   Jasa                 Jasa
                                                                             Telekomunikasi/   Manajemen Perhotelan/
                                         Hotel/          Real Estat/        Telecommunication    Hotel Management       Eliminasi/        Konsolidasi/
                                         Hotel           Real Estate             Services             Services         Elimination        Consolidated

    Pendapatan usaha                     469.518.758         559.168.148          238.271.189           14.906.333         (14.886.386)     1.266.978.042    Revenues

    Hasil segmen                         258.405.035         474.522.865          238.271.189           14.906.333         (13.277.966)       972.827.456    Segment result

    Laba (rugi) usaha                     94.533.416        (128.996.562)          25.701.896              334.432             600.000         (7.826.818)   Income (loss) from operations
    Pendapatan sewa dan                                                                                                                                      Revenues from rental and estate
       pengelolaan kawasan                          -        183.077.812                    -                    -                   -        183.077.812       management
    Pendapatan bunga                        1.165.391          3.015.402            2.336.210                2.510                   -          6.519.513    Interest income
    Beban bunga dan beban                                                                                                                                    Interest expenses and other
       keuangan lainnya                      (196.418)       (33.531.557)            (221.222)              (4.746)                  -        (33.953.943)      financial charges
    Lain-lain - bersih                     (1.739.810)        86.712.843            4.252.762              493.401         (87.480.841)         2.238.355    Others - net

    Penghasilan (beban) lain-lain            (770.837)       239.274.500            6.367.750              491.165         (87.480.841)       157.881.737    Other income (expense)
    Laba (rugi) sebelum pajak             93.762.579         110.277.938           32.069.646              825.597         (86.880.841)       150.054.919    Profit (loss) before tax
    Beban pajak                                    -          10.121.332            7.041.091              317.112                   -         17.479.535    Tax expense
    Laba (rugi) tahun berjalan            93.762.579         100.156.606           25.028.555              508.485         (86.880.841)       132.575.384    Profit (loss) for the year

    Aset segmen                          184.914.304       5.566.067.772          347.273.108           14.496.463         (84.724.761)     6.028.026.886    Segment assets
    Aset yang tidak dialokasikan                   -         184.034.998            9.916.589              477.585              (3.448)       194.425.724    Unallocated assets
    Investasi saham                                -       3.619.510.023                    -              984.000      (3.264.118.961)       356.375.062    Investment in shares of stock

    Jumlah aset                          184.914.304       9.369.612.793          357.189.697           15.958.048      (3.348.847.170)     6.578.827.672    Total assets

    Liabilitas segmen                    238.756.227       1.588.212.146           64.815.773            4.449.185         (77.106.322)     1.819.127.009    Segment liabilities
    Liabilitas yang tidak dialokasikan    14.517.959          17.128.843            2.005.373              193.132                   -         33.845.307    Unallocated liabilities

    Jumlah Liabilitas                    253.274.186       1.605.340.989           66.821.146            4.642.317         (77.106.322)     1.852.972.316    Total Liabilities




                                                                                     - 93 -
Page 383
PT JAKARTA INTERNATIONAL HOTELS &                                                       PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                     DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                              For the Years Ended
31 Desember 2023 dan 2022                                                                            December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                       (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)


43.   Aset dan Liabilitas Moneter Bersih dalam                              43.    Net  Monetary    Assets    and    Liabilities
      Mata Uang Asing                                                              Denominated in Foreign Currencies

      Tabel berikut mengungkapkan jumlah aset dan                                  The following table shows the Group’s foreign
      liabilitas moneter Grup:                                                     currency denominated monetary assets and
                                                                                   liabilities:

                                               2023                                         2022
                               Mata uang asing/                             Mata uang asing/
                               Original currency      Ekuivalen/            Original currency      Ekuivalen/
                                  Ekuivalen/          Equivalent               Ekuivalen/          Equivalent
                               Equivalent US$            Rp                 Equivalent US$            Rp
      Aset                                                                                                        Assets
      Kas dan setara kas                                                                                          Cash and cash equivalents
        Pihak berelasi                3.234.935        49.869.763                  2.703.358        42.526.531       Related parties
        Pihak ketiga                  1.870.789        28.840.093                  1.761.364        27.708.022       Third parties
      Piutang usaha - bersih                                                                                      Trade accounts receivable - net
         Pihak ketiga                   177.689          2.739.251                    58.702           923.434        Third parties
      Piutang lain-lain                                                                                           Other accounts receivable
         Pihak berelasi                   1.899            29.277                        743            11.681       Related parties
         Pihak ketiga                     1.775            27.368                        825            12.974       Third parties
      Aset lain-lain                                                                                              Other assets
        Pihak ketiga                    187.361          2.888.351                   182.427          2.869.752      Third parties

      Jumlah Aset                     5.474.448        84.394.103                  4.707.419        74.052.394    Total Assets

      Liabilitas                                                                                                  Liabilities
      Utang usaha                                                                                                 Trade accounts payable
         Pihak ketiga                   325.478          5.017.566                   326.232          5.131.962       Third parties
      Beban akrual                                                                                                Accrued expenses
        Pihak ketiga                    504.530          7.777.834                   504.758          7.940.348      Third parties
      Liabilitas lain-lain                                                                                        Other liabilities
         Pihak berelasi                 150.452         2.319.360                    134.933         2.122.624       Related parties
         Pihak ketiga                 2.779.123        42.842.958                  2.785.182        43.813.696       Third parties

      Jumlah Liabilitas               3.759.583        57.957.718                  3.751.105        59.008.630    Total Liabilities

      Aset Bersih                     1.714.865        26.436.385                    956.314        15.043.764    Net Assets



      Pada tanggal 31 Desember 2023 dan 2022,                                      As of December 31, 2023 and 2022,
      kurs konversi yang digunakan Grup diungkapkan                                the conversion rates used by the Group were
      pada Catatan 2 atas laporan keuangan                                         disclosed in Note 2 to consolidated financial
      konsolidasian.                                                               statements.


44.   Rekonsiliasi Liabilitas Konsolidasian yang                            44.    Reconciliation of Consolidated                     Liablities
      Timbul dari Aktivitas Pendanaan                                              Arising from Financing Activities

      Tabel berikut menjelaskan perubahan pada                                     The table below details changes in the Group’s
      liabilitas Grup yang timbul dari aktivitas                                   liabilities arising from financing activities,
      pendanaan, yang meliputi perubahan terkait kas                               including both cash and non-cash changes.
      dan nonkas. Liabilitas yang timbul dari aktivitas                            Liabilities arising from financing activities are
      pendanaan adalah aktivitas arus kas, atau arus                               those for which cash flows were, or future cash
      kas masa depan, yang diklasifikasikan dalam                                  flows will be, classified in the Group’s
      laporan arus kas konsolidasian Grup sebagai                                  consolidated statement of cash flows as cash
      arus kas dari aktivitas pendanaan.                                           flows from financing activities.




                                                                   - 94 -
Page 384
PT JAKARTA INTERNATIONAL HOTELS &                                                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
31 Desember 2023 dan 2022                                                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                                                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                                               unless Otherwise Stated)


                                                                                       Perubahan Non Kas/
                                                                                       Non-Cash Changes
                                                         Arus kas              Amortisasi
                                                        Pendanaan/          biaya transaksi/       Penambahan liabilitas
                                  1 Januari 2023/       Financing           Amortization of           sewa/Addition of     31 Desember 2023/
                                  January 1, 2023       Cash Flows          transaction cost           lease liabilities   December 31, 2023

      Utang bank jangka pendek                      -      95.000.000                      -                           -           95.000.000   Short-term bank loans

      Liabilitas sewa                   2.337.043          (2.471.565)                     -                  5.214.523             5.080.001   Lease liabilities

      Utang bank jangka panjang       263.297.517        (100.635.000)              873.710                            -          163.536.227   Long-term bank loans

      Utang pihak berelasi              4.939.056          (1.790.290)                     -                           -            3.148.766   Due to related parties

      Jumlah                          270.573.616          (9.896.855)              873.710                   5.214.523           266.764.994   Total



                                                                                       Perubahan Non Kas/
                                                                                       Non-Cash Changes
                                                         Arus kas              Amortisasi
                                                        Pendanaan/          biaya transaksi/       Penambahan liabilitas
                                  1 Januari 2022/       Financing           Amortization of           sewa/Addition of     31 Desember 2022/
                                  January 1, 2022       Cash Flows          transaction cost           lease liabilities   December 31, 2022

      Liabilitas sewa                   3.863.433          (2.227.017)                    -                    700.627              2.337.043   Lease liabilities

      Utang bank jangka panjang       271.952.846          (9.100.000)              444.671                           -          263.297.517    Long-term bank loans

      Utang pihak berelasi              4.043.911            895.145                      -                           -             4.939.056   Due to related parties

      Jumlah                          279.860.190         (10.431.872)              444.671                    700.627           270.573.616    Total




45.   Pengungkapan Tambahan Laporan Arus Kas                                               45.     Supplemental Disclosures for Consolidated
      Konsolidasian                                                                                Statements of Cash Flows

      Aktivitas investasi dan pendanaan Grup yang                                                  The following are the non-cash investing and
      tidak mempengaruhi kas dan setara kas:                                                       financing activities of the Group:

                                                                         2023                     2022

      Utang dividen entitas anak kepada                                                                                Dividend payable of subsidiaries
         kepentingan nonpengendali                                       9.927.275               5.580.000                to non-controlling interest
      Penambahan aset hak-guna dan                                                                                     Addition of right-of-use assets
         liabilitas sewa                                                 5.214.523                  700.627               and lease liabilities
      Liabilitas yang timbul dari perolehan                                                                            Liability arising from acquisition of
         aset tetap                                                      1.351.027                    33.580              property and equipment
      Peningkatan investasi pada ventura                                                                               Increase in investment in joint ventures,
         bersama, melalui realisasi uang muka                                                                             through the realization of advances
         investasi saham                                                           -           39.536.000                 for investment in share
      Penambahan aset tetap                                                                                            Additional property and equipment
         dari realisasi uang muka                                                  -             1.054.615                from realization of advances




                                                                                - 95 -
Page 385
PT JAKARTA INTERNATIONAL HOTELS &                                             PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                           DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                             (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


46.   Standar Akuntansi Keuangan Baru                             46.    New Financial Accounting Standards

      Perubahan Pernyataan         Standar   Akuntansi                   Changes to the Statements            of   Financial
      Keuangan (PSAK)                                                    Accounting Standards (PSAK)

      Diterapkan pada tahun 2023                                         Adopted during 2023

      Penerapan standar akuntansi keuangan revisi                        The application of the following revised financial
      berikut, yang berlaku efektif 1 Januari 2023,                      accounting standards, which are effective from
      relevan bagi Grup namun tidak menyebabkan                          January 1, 2023 and relevant for the Group, but
      perubahan material terhadap jumlah-jumlah yang                     had no material impact on the amounts reported
      dilaporkan     dalam     laporan     keuangan                      in the consolidated financial statements:
      konsolidasian:

      -    Amandemen PSAK No. 1, “Penyajian                               -    Amendment to PSAK No. 1, “Presentation
           Laporan Keuangan” tentang Pengungkapan                              of    Financial   Statements”    regarding
           Kebijakan Akuntansi yang Mengubah Istilah                           Disclosure of Accounting Policies that
           “Signifikan” menjadi “Material” dan Memberi                         Change the Term “Significant” to “Material”
           Penjelasan mengenai Kebijakan Akuntansi                             and Provide Explanations of Material
           Material                                                            Accounting Policies

      -    Amandemen PSAK No. 16, Aset Tetap:                             -    Amendment to PSAK No. 16, Property,
           Hasil     sebelum Penggunaan yang                                   Plant and Equipment: Proceeds before
           Diintensikan                                                        Intended Use

      -    Amandemen PSAK No. 25, Kebijakan                               -    Amendment to PSAK No. 25, Accounting
           Akuntansi, Perubahan Estimasi Akuntansi                             Policies, Changes in Accounting Estimates
           dan Kesalahan: Definisi Estimasi Akuntansi                          and Errors: Definition of Accounting
                                                                               Estimates

      -    Amandemen PSAK No. 46, Pajak                                   -    Amendment to PSAK No. 46, Income
           Penghasilan: Pajak Tangguhan terkait Aset                           Taxes: Deferred Tax related to Assets and
           dan Liabilitas yang Timbul dari Transaksi                           Liabilities Arising from a Single Transaction
           Tunggal

      Telah diterbitkan namun belum berlaku efektif                      Issued but not yet effective

      Amandemen atas PSAK yang telah diterbitkan                         Amendments to financial accounting standards
      yang bersifat wajib untuk tahun buku yang                          issued that are mandatory for the financial year
      dimulai pada atau setelah:                                         beginning or after:

      1 Januari 2024                                                     January 1, 2024

      -    Amandemen PSAK No. 1, “Penyajian                               -    Amendment to PSAK No. 1, “Presentation
           Laporan Keuangan” terkait Liabilitas Jangka                         of Financial Statements” regarding Long-
           Panjang dengan Kovenan                                              term Liabilities with the Covenant

      -    Amandemen PSAK No. 73, “Sewa” terkait                          -    Amendments to PSAK No. 73. “Leases”
           Liabilitas Sewa pada Transaksi Jual dan                             regarding Lease Liabilities in Sale-and-
           Sewa balik                                                          lease Back Transaction

      1 Januari 2025                                                     January 1, 2025

      -    PSAK No. 74, “Kontrak Asuransi”                                -    PSAK No. 74, “Insurance Contract”

      -    Amandemen PSAK No. 74, “Kontrak                                -    Amendment to PSAK No. 74, “Insurance
           Asuransi” terkait Penerapan Awal PSAK                               Contract” regarding Initial Application of
           No. 74 dan PSAK No. 71 – Informasi                                  PSAK No. 74 and PSAK No. 71 –
           Komparatif                                                          Comparative Information



                                                         - 96 -
Page 386
PT JAKARTA INTERNATIONAL HOTELS &                                      PT JAKARTA INTERNATIONAL HOTELS &
DEVELOPMENT Tbk DAN ENTITAS ANAK                                    DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Angka-angka Disajikan dalam Ribuan Rupiah,                      (Figures are Presented in Thousands of Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    Sampai dengan tanggal penerbitan laporan                      As at the date of completion of these
    keuangan      konsolidasian, Grup     masih                   consolidated financial statements, the Group is
    mempelajari dampak yang mungkin timbul dari                   still evaluating the potential impact of the above
    penerapan amandemen PSAK tersebut dan                         amendments to PSAKs and has not yet
    dampak dari penerapan amandemen PSAK                          determined the related effects on the
    tersebut pada laporan keuangan konsolidasian                  consolidated financial statements.
    belum dapat ditentukan.

    Mulai tanggal 1 Januari 2024, referensi terhadap              Beginning January 1, 2024, references to the
    masing-masing PSAK dan ISAK akan diubah                       individual PSAK and ISAK will be changed as
    sebagaimana diumumkan oleh DSAK-IAI.                          published by DSAK-IAI.


                                                       *******




                                                       - 97 -
Page 387

          
Page 388

          
Page 389
PT Jakarta International Hotels & Development Tbk
Artha Graha Building, 15th Floor
Jl. Jendral Sudirman Kav. 52-53, Kebayoran Baru
Jakarta Selatan, Indonesia 12190
T. (62 21) 515-2555
F. (62 21) 515-2526

Buku ini menggunakan kertas daur ulang | This book uses recycled paper

File

File Open PDF
Source IDX
Size10.3 MB
Published30 Apr 2024
Pages389
Characters2,645,540
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 135 people and organisations named in the text · linked when the evidence is strong

linked org Asian Development Bank p.4
linked org Artha Graha p.4 ×25
linked org Pemerintah Provinsi p.20
linked person Sugianto Kusuma · Presiden Komisaris p.27 ×12
linked person Tomy Winata · Presiden Komisaris p.27 ×9
linked person Santoso Gunara · Presiden Direktur p.34 ×15
linked person Lanny Pujilestari Liga · Direktur p.34 ×5
linked person Tony Soesanto · Commissioner p.34 ×6
linked org PT Kresna Aji Sembada p.40
linked — Sukardi Tandijono p.40
linked org Catur Kusuma Abadi p.40
linked org PT Bank Artha Graha Internasional p.58 ×3
linked org Pantai Indah Kapuk Dua Tbk p.58 ×3
linked org Electronic City Indonesia Tbk p.60 ×15
possible org Bursa Efek Indonesia p.4 ×8
possible org Otoritas Jasa Keuangan p.6 ×3
possible — Central Business p.7 ×7
possible person Hendra Kurniawan p.34 ×5
possible org Negara Republik Indonesia p.41
possible person Gatot Subroto p.45 ×4
possible person DEDY DJAFARLI p.57
possible org Prasetio p.68 ×2
unresolved org PT Jakarta International Hotels p.2 ×79
unresolved org Development Tbk p.2 ×81
unresolved org PT Jakarta Performamnce Highlights International Hotels p.3
unresolved org Bank AEI p.4
unresolved org PT Raya Saham Registra. p.4 ×4
unresolved org Indonesia Stock Exchange p.4 ×7
unresolved org Nasional Sertifikasi p.5
unresolved org Pusat Statistik. p.5 ×2
unresolved org Riset dan Inovasi Nasional p.5
unresolved org PT Danayasa Arthatama. Dividen Saham p.5
unresolved org Kantor Akuntan Publik p.5
unresolved org PT Kustodian Sentral Efek Indonesia p.5
unresolved — Sharholders p.6
unresolved org Financial Services Authority p.6
unresolved — Ultimate p.6
unresolved — Pencucian Uang p.6
unresolved — Anti-Money p.6
unresolved — Reverse Stock p.6
unresolved org PT Pacific Place Jakarta Public Expose p.6
unresolved org PT Jakarta Interna-tional Hotels p.8
unresolved org PT Pacific Place p.20 ×9
unresolved org Pemerintah Provinsi DKI p.20
unresolved org PT Danayasa Arthatama p.20 ×46
unresolved org PT First Jakarta International p.20 ×7
unresolved org PT Jakarta International p.20 ×4
unresolved org Markplus Inc. p.20
unresolved org Ministry of Manpower p.21
unresolved person Teuku Ashikin Husein · Komisaris p.24 ×3
unresolved person Ku Siew Kuan · Komisaris Independen p.27
unresolved org Bank Ikhtisar Kinerja p.29
unresolved org Bank Indonesia p.29
unresolved person Prawiroatmodjo p.40
unresolved org PT Catur Kusuma Abadi Sejahtera p.40
unresolved org Menteri Kehakiman Republik Indonesia p.41
unresolved org Minister of Justice p.41
unresolved org Minister of Hukum dan Hak Asasi Manusia p.41
unresolved person Notary Soetrono Prawiroatmodjo · Notaris p.42 ×4
unresolved org PT Djakarta Djakarta International Hotel p.42
unresolved org PT Jakarta International Hotel p.42 ×6
unresolved person Notary Lindasari Bachroem p.42 ×2
unresolved person Notary Imas Fatimah · Notaris p.42 ×5
unresolved person Ida Fidiyantri p.42 ×2
unresolved person Notary Fathiah Helmi p.42 ×6
unresolved org PT Dharma Harapan p.42
unresolved org PT Dharma Harapan Raya. Raya. Akta p.42
unresolved person Notary Mochamad Nova Faisal · Notaris p.42 ×15
unresolved org Manajemen Management Report Notaris Mochamad Nova Faisal p.43
unresolved org PT Djakarta p.43
unresolved org Menteri Kehakiman p.43
unresolved org Minister of Justice Decree No. C p.43
unresolved org Pencantuman Tbk p.43
unresolved org PT Perhotelan Banteng Baru. p.44
unresolved org PT Perhotelan Banteng Baru. Pembangunan Hotel Borobudur Inter-Continental p.44
unresolved org Directorate General of Tourism. Selanjutnya p.44
unresolved org PT DA p.45 ×4
unresolved org PT Artha Telekomindo p.45 ×13
unresolved org PT Dharma p.47 ×2
unresolved org PT Dharma Harapan Raya p.47 ×12
unresolved org PT Danayasa p.48
unresolved org PT Danareksa Jakarta International p.49 ×3
unresolved org PT Adinusa Puripratama p.49 ×4
unresolved org PT Artha p.51
unresolved org PT Danayasa Arthatama Company Profile p.51
unresolved org PT AT p.51 ×4
unresolved org PT DHR p.51 ×2
unresolved org Directorate General of Tourism. p.52
unresolved org PT Jakarta International International Hotels Hotels p.54
unresolved org PT Artha Telekomindo Perhimpunan Hotel p.56
unresolved org PT Pacific Place Jakarta Asosiasi Emiten Indonesia p.56
unresolved person Vice · Presiden Komisaris p.56 ×5
unresolved org PT Graha Sampoerna p.58 ×6
unresolved org Bank Inter-Pacific Tbk p.58 ×4
unresolved org PT Kharisma Arya Paksi p.58 ×4
unresolved org Bank Artha Graha Tbk p.58 ×8
unresolved org Internasional Tbk p.58 ×2
unresolved org PT Artha Graha Network p.59
unresolved org PT Buanagraha Arthaprima p.59 ×2
unresolved org PT Artharaya Unggul Abadi p.60 ×2
unresolved org Penggerang Pte. Ltd. p.61 ×2
unresolved org PT Arthagraha Sentral p.63 ×2
unresolved org PT Arthayasa Grahatama p.63 ×2
unresolved org PT Grahamas Adisentosa p.63 ×6
unresolved org PT Artharaya Bintang Semesta p.63 ×2
unresolved org PT Kreasi Cipta Karsa p.63 ×2
unresolved org Prasetio Utomo p.64 ×2
unresolved org PT Panduneka Sejahtera p.64 ×2
unresolved org PT APARC p.65 ×2
unresolved org PT Bandung Raya Utama p.65 ×2
unresolved org PT Citra Patenindo Nusa Pratama p.65
unresolved org PT Citra Patenindo Nusa p.65
unresolved org Departemen Infrastruktur p.65 ×2
unresolved org Departemen Pengelola Kawasan p.65 ×2
unresolved org PT Esagraha Puripratama p.65 ×2
unresolved org PT Pandugraha Sejahtera p.65 ×2
unresolved org PT Adimas Utama p.65 ×2
unresolved org PT Citra Adisarana p.65 ×2
unresolved org PT Trinusa Wiragraha p.65 ×2
unresolved org PT Panduneka Abadi p.65 ×2
unresolved org PT Harta Larasindo p.66 ×4
unresolved org PT Konsep Cipta Cemerlang p.66 ×2
unresolved org PT Tirta Wahana Bali International p.66 ×2
unresolved org PT Towerindo Utama Karya p.66 ×2
unresolved org Danayasa Arthathama Tbk p.67 ×2
unresolved org PT Citra Wiradaya p.67 ×2
unresolved org PT Techking Enterprises p.68 ×2
unresolved — Arpin Arpin Wiradisastra · Presiden Direktur p.72 ×3
unresolved person Hendi Lukman · Direktur p.72
unresolved org Departemen HDR & GA p.107 ×3
unresolved org Departemen HDR & GA Psychological p.107
unresolved person Piagam · Komisaris p.136
unresolved person J.B. Sumarlin · Komisaris Independen p.136 ×2
unresolved org Sentral Efek Indonesia p.143
unresolved org Kantor Akuntan Publik Mirawati Sensi Idris p.143

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 2

↑↓ select ↵ open ⇧↵ see every result