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Page 1
Commitment ESG
    to Maintain
   Business and
    Operational
     Excellence




        Laporan Tahunan 2023
           Annual Report 2023
Page 2

          
Page 3
TEMA
THEME




2023
COMMITMENT ESG TO MAINTAIN BUSINESS
AND OPERATIONAL EXCELLENCE




Pada tahun 2023, PT Rukun Raharja Tbk (“Perseroan”      In 2023, PT Rukun Raharja Tbk (“the Company” or “Rukun
atau “Rukun Raharja”) kinerja operasional bertumbuh,    Raharja”) achieved significant operational growth, with
laba bersih mengalami kenaikan sekitar 150,47% jika     net profit increasing by approximately 150,47% compared
dibandingkan dengan perolehan laba di periode yang      to the same period in the previous year. This positive
sama pada tahun sebelumnya. Pencapaian positif ini      achievement is believed to further solidify the Company’s
diyakini akan semakin memantapkan posisi Perseroan      position in realizing its vision of “Becoming a respected
dalam merealisasikan visinya “Menjadi perusahaan        investment company in providing clean energy for the
investasi yang disegani dalam pengadaan energi bersih   interest of the nation and society.”
bagi kepentingan bangsa dan masyarakat .”

Untuk menjaga stabilitas bisnis, Perseroan telah        The Company has invested in various aspects to
berinvestasi pada berbagai aspek untuk menjamin         ensure smooth operational activities and maintain
kelancaran kegiatan operasional. Ada beberapa faktor    business stability. Several factors have contributed
yang mempengaruhi kenaikan ini, di antaranya adalah     to this increase, including the addition of new
penambahan customer baru sehingga adanya kenaikan       customers, which has led to increased gas sales and
penjualan gas, dan kenaikan pendapatan atas kenaikan    revenue growth resulting from the expanded flow
volume pengaliran pada pipa Perseroan. Dengan           volume through the Company’s pipelines. Through the
menerapkan berbagai inisiatif strategis, Perseroan      implementation of various strategic initiatives, the
optimis dapat meraih pertumbuhan kinerja unggul yang    Company is optimistic about consistently achieving
berkelanjutan secara konsisten.                         sustainable superior performance growth.




PT Rukun Raharja Tbk                                                Annual Report 2023                         3
Page 4
TENTANG LAPORAN TAHUNAN
ABOUT ANNUAL REPORT



Laporan Tahunan 2023 PT Rukun Raharja Tbk (yang selanjutnya dise-
but “Rukun Raharja” atau “Perseroan”) ini disusun untuk memenuhi
ketentuan pelaporan hasil kinerja Perseroan pada periode 1 Januari
2023 sampai dengan 31 Desember 2023 kepada regulator dan
pemangku kepentingan. Laporan Tahunan ini antara lain disusun
berdasarkan Peraturan Otoritas Jasa Keuangan No. 29/POJK.04/2016
tentang Laporan Tahunan Emiten atau Perusahaan Publik dengan
muatan konten sesuai Surat Edaran Otoritas Jasa Keuangan No. 16/
SEOJK.04/2021 tentang Bentuk dan Isi Laporan Tahunan Emiten atau
Perusahaan Publik.

Laporan Tahunan ini memuat pernyataan terkait tujuan, kebijakan,
rencana, strategi, serta hasil operasi dan keuangan yang disusun
berdasarkan data faktual yang dapat dipertanggungjawabkan kebe-
narannya. Selain itu, Laporan Tahunan ini juga menyajikan informasi
terkait prospek usaha Perseroan di tahun selanjutnya yang disusun
berdasarkan pernyataan-pernyataan prospektif dan berbagai asumsi
mengenai kondisi mendatang Perseroan, serta lingkungan bisnis
yang terkait. Oleh karena itu, Perseroan menghimbau agar pemangku
kepentingan dapat menggunakan informasi tersebut secara bijak
dalam pengambilan keputusan.



The 2023 Annual Report of PT Rukun Raharja Tbk (hereinafter referred
to as “Rukun Raharja” or the “Company”) is prepared to comply with
the reporting requirements of the Company’s performance results for
the period from January 1, 2023, to December 31, 2023, to regulators
and stakeholders. This Annual Report is, among other things, prepared
based on Financial Services Authority Regulation No. 29/POJK.04/2016
regarding the Annual Report of Issuers or Public Companies with con-
tent specifications according to Financial Services Authority Circular
Letter No. 16/SEOJK.04/2021 concerning the Form and Contents of
Annual Report of Issuers or Public Companies.

This Annual Report contains statements regarding the objectives, poli-
cies, plans, and strategies, as well as operational and financial results,
which are compiled based on factual data that can be accounted for
their accuracy. Additionally, this Annual Report also presents infor-
mation regarding the Company’s business prospects for the next year,
which are prepared based on prospective statements and various
assumptions about the Company’s future conditions, as well as the
related business environment. Therefore, the Company encourages
stakeholders to use this information wisely in decision-making.




4                       Laporan Tahunan 2023                                 PT Rukun Raharja Tbk
Page 5
KESINAMBUNGAN TEMA
THEME CONTINUITY



                       2022: DRIVING SUSTAINABLE GROWTH                                            THROUGH               BUSINESS
                       EXPANSION AND DIVERSIFICATION
                       Tahun 2022 merupakan tahun di mana RAJA kembali            The year 2022 marked a period where RAJA renewed
                       berfokus pada ekspansi usaha melalui visi pembangunan      its focus on business expansion through a vision of
                       yang berkelanjutan. Kinerja Perusahaan menunjukkan         sustainable development. The Company’s performance
                       penguatan yang signifikan. Perusahaan telah                showed significant strengthening. The Company has
                       mengembangkan langkah adaptif guna peningkatan             developed adaptive measures to enhance business
                       kinerja usaha di masa depan. Di samping itu dalam          performance in the future. Moreover, in supporting
                       mendukung diversifikasi usaha, Perusahaan berhasil         business diversification, the Company has successfully
                       meningkatkan pendapatan dan kinerja usaha dari             increased revenue and business performance through
                       kegiatan Perdagangan, Pengangkutan, Kompresi Gas,          trading, transportation, gas compression, and a series
                       dan serangkaian diversifikasi usaha lain.                  of other business diversifications.

                       Perseroan terus berkomitmen menjalankan prinsip best       The Company continues to be committed to implementing
                       practice Good Corporate Governance dalam mendukung         best practice principles of Good Corporate Governance
                       pembangunan berkelanjutan serta peningkatan operasi        to support sustainable development and improve the
                       Perusahaan. Ke depan, Perseroan tetap melakukan            Company’s operations. In the future, the Company
                       diversifikasi usaha dengan berfokus pada praktik           will continue to diversify its business while focusing
                       bisnis yang berkelanjutan dan mencapai target net          on sustainable business practices and achieving net-
                       zero carbon emission dengan menerapkan efisiensi           zero carbon emission targets by implementing energy
                       energi dalam seluruh kegiatan operasinya.                  efficiency in all of its operational activities.




                       2021: MEANINGFUL CONTRIBUTIONS TO THE NATION AND SOCIETY
                       Pandemi COVID-19 yang masih mempengaruhi                   The COVID-19 pandemic, which continued to affect the
                       iklim bisnis di tahun 2021 serta tantangan lainnya         business climate in 2021, along with other challenges
                       yang menimbulkan gejolak dinamika bisnis tidak             causing disruptions in business dynamics, did not hinder
                       menghambat komitmen Perseroan untuk terus                  the Company’s commitment to continually deliver
                       memberikan nilai dan manfaat kepada karyawan,              value and benefits to employees, customers, business
                       pelanggan, mitra usaha, pemerintah, dan masyarakat         partners, government, and the local community. The
                       lokal. Perseroan menginginkan agar perjalanan bisnis       Company aims for this sustainable business journey
                       yang berkelanjutan ini dapat memberikan arti bagi          to contribute meaningfully to the growth of the nation
                       pertumbuhan bangsa dan negara, secara umum, serta          and the country in general, as well as to the local
                       lingkungan masyarakat, secara khusus.                      community and environment specifically.




                       2020: ENERGY AND INTEGRATED INFRASTRUCTURE FOR TODAY AND
                       THE FUTURE FOR MOTHER EARTH
                       Sepanjang tahun 2020, COVID-19 telah melumpuhkan           Throughout 2020, COVID-19 paralyzed both global and
                       perekonomian global dan domestik. Tatanan kehidupan        domestic economies. Preventive measures such as
                       masyarakat berubah drastis sebagai akibat tindakan-        lockdowns and travel restrictions drastically changed
                       tindakan pencegahan seperti lockdown dan pembatasan        the societal landscape.
                       perjalanan.

                       Berbagai industri pun terdampak signifikan, termasuk       Various industries, including the oil and gas industry,
                       industri migas. Di tengah kondisi demikian, PT Rukun       were significantly affected. Despite these circumstances,
                       Raharja Tbk tetap berkomitmen untuk menyediakan            PT Rukun Raharja Tbk remains committed to providing
                       energi terintegrasi dari hulu hingga hilir. Bagi kami,     integrated energy solutions from upstream to downstream.
                       pandemi hanyalah tantangan terbaru yang harus              For us, the pandemic is just the latest challenge to
                       diatasi dalam upaya kami menyediakan energi dan            overcome in our efforts to provide integrated energy
                       infrastruktur pendukungnya secara terintegrasi bagi        and its supporting infrastructure to Indonesian society.
                       masyarakat Indonesia.




PT Rukun Raharja Tbk                                                            Annual Report 2023                                      5
Page 6
PENCAPAIAN TAHUN 2023
ACHIEVEMENTS IN 2023




                                 Pendapatan Usaha
                                 Revenues


                                              Meningkat 60,83% dibandingkan
                                                           tahun sebelumnya.
                                          Increased 60.83% compared to the previous year.




                                  USD203,75
                                                                         Juta/ Million




                                 Laba Bersih
                                 Net Profit


                                              Meningkat 150,47% dibandingkan
                                                            tahun sebelumnya
                                         Increased 150.47% compared to the previous year.




                                        USD27,15
                                                                         Juta/ Million




                                 Total Aset
                                 Total Assets


                                               Meningkat 26,16% dibandingkan
                                                           tahun sebelumnya.
                                          Increased 26.16% compared to the previous year.




                                 USD328,65
                                                                         Juta/ Million




6         Laporan Tahunan 2023                               PT Rukun Raharja Tbk
Page 7
    Perdagangan Compressed                       Jasa Kompresi
    Natural Gas (CNG)                            Compression Service
    Compressed Natural Gas
    (CNG) Trading




                            745
               Ribu MMBTU/ Thousand MMBTU
                                                                     10,04
                                                                      Juta MSCF/ Million MSCF




    Perdagangan Gas Alam                         Distribusi Air Bersih
    Natural Gas Trading                          Clean Water Distribution




                        13,10
                  Juta MMBTU/ Million MMBTU
                                                                            1,35
                                                                            Juta m3/ Million m3




    Jasa Pengangkutan Gas                        Terminal Liquefied
    Gas Transportation Services                  Petroleoum Gas (LPG)
                                                 Liquefied Petroleoum
                                                 Gas (LPG) Terminal




                  20,53Juta MSCF/ Million MSCF
                                                               175,85       Juta Kg/ Million Kg




PT Rukun Raharja Tbk                                   Annual Report 2023                         7
Page 8
DAFTAR ISI
TABLE OF CONTENT


         Tema                                             Struktur Organisasi
    3                                               55
         Theme                                            Organizational Structure
         Tentang Laporan Tahunan
    4
         About Annual Report                              Keanggotaan Asosiasi
                                                    56
                                                          Membership in Associations
         Kesinambungan Tema
    5
         Theme Continuity
                                                          Profil Direksi
         Pencapaian Tahun 2023                      59
    6                                                     Board of Directors Profile
         2023 Years In Review

         Daftar Isi                                       Perubahan Komposisi Direksi
    8                                               63
         Table of Contents                                Change in Composition of the Board of Directors


                                                          Profil Dewan Komisaris
                                                    64
                                                          Board of Commissioners Profile

         IKHTISAR KINERJA 2023
    01   PERFORMANCE HIGHLIGHTS 2023                69
                                                          Perubahan Komposisi Dewan Komisaris
                                                          Changes in the Composition of the Board of Com-
                                                          missioners
         Ikhitsar Kinerja Keuangan
    12
         Financial Performance Highlights                 Sumber Daya Manusia
                                                    69
                                                          Human Resources
         Grafik Kinerja Keuangan
    15
         Financial Performance Graph
                                                          Pemegang Saham & Informasi Kepemilikan Saham
         Ikhtisar Kinerja Operasional               73
    17                                                    Shareholders & Share Ownership Information
         Operational Performance Highlights

         Ikhtisar Saham dan/atau Efek Lainnya             Komposisi Kepemilikan Saham
    19                                              74
         Stock and/or Other Securities Highlights         Shareholders Composition

         Ikhtisar Dividen
    20                                                    Entitas Anak dan/atau Entitas Asosiasi
         Dividend Highlights                        77
                                                          Subsidiaries and/or Associated Entities


                                                          Kronologis Pencatatan Saham
                                                    105
                                                          Share Listing Chronology
         LAPORAN MANAJEMEN
    02   MANAGEMENT REPORT                                Kronologis Pencatatan Efek Lainnya
                                                    105
                                                          Other Securities Listing Chronology
         Laporan Dewan Komisaris
    24
         Board of Commissioners Report
                                                          Audit Eksternal
                                                    106
         Laporan Direksi                                  External Audit
    30
         Board of Directors Report
                                                          Nama & Alamat Lembaga dan/atau Profesi Penun-
                                                          jang Perusahaan
                                                    95
                                                          Names & Addresses of Company Supporting Insti-
                                                          tutions and/or Professions
         PROFIL PERUSAHAAN
    03   COMPANY PROFILE                            70
                                                          Informasi Pada Website Perusahaan
                                                          Information on the Company’s Website
         Informasi Perusahaan
    43
         Company Information
                                                          Penghargaan dan Sertifikasi
                                                    71
         Perubahan Nama Perseroan                         Awards and Certifications
    45
         Change of Company Name

         Sekilas Perusahaan                               Peristiwa Penting Tahun 2023
    45                                              72
         Company Overview                                 Significant Events of 2023

         Jejak Langkah
    47
         Milestones                                       ANALISIS DAN
         Visi, Misi, dan Nilai Perusahaan           04    PEMBAHASAN MANAJEMEN
    49
         Vision, Mission and Corporate Values             MANAGEMENT DISCUSSION AND
         Kegiatan Usaha
                                                          ANALYSIS
    50
         Business Activities
                                                          Tinjauan Ekonomi
                                                    121
         Produk dan Jasa                                  Economic Review
    51
         Products and Services

         Peta Wilayah Kerja/Wilayah Operasional           Tinjauan Industri
    53                                              122
         Map of Working Area/Operational Areas            Industry Review




8                         Laporan Tahunan 2023                                         PT Rukun Raharja Tbk
Page 9
        Tinjauan Operasional                                     Sistem Pelaporan Pelanggaran
  124                                                      240
        Operational Review                                       Whistleblowing System

                                                                 Pengendalian Gratifikasi Dan Komitmen Anti Korupsi
        Tinjauan Keuangan                                  242
  131                                                            Gratification Control And Anti-Corruption Commitment
        Operational Review

                                                                 Penerapan Atas Pedoman Tata Kelola Perusahaan
        Laporan Laba Rugi dan Penghasilan                  242
                                                                 Implementation Of Corporate Governance Guidelines
        Komprehensif Lain Konsolidasian
 138
        Concolidated Statements of Profit or Loss and
        Other Comprehensive Income

        Laporan Arus Kas Konsolidasi
 144
        Consolidated Statements of Cash Flows
                                                                 TANGGUNG JAWAB SOSIAL
 145
        Rasio Keuangan
                                                           06    DAN LINGKUNGAN
        Financial Ratios
                                                                 SOCIAL AND ENVIRONMENT
        Struktur Modal                                           RESPONSIBILITY
  147
        Capital Structure
                                                                 Kebijakan TJSL
        Aspek Pemasaran                                    249   Social and Environmental Responsibility (TJSL)
 153                                                             Policy
        Marketing Aspects

        Dividen dan Kebijakan Dividen                            Tanggung Jawab Sosial
 154                                                       250
        Dividends and Dividend Policy                            Social Responsibility

        Perubahan Kebijakan Akuntansi                            Tanggung Jawab Lingkungan
 154                                                       256
        Changes To Accounting Policies                           Environmental Responsibility




        TATA KELOLA PERUSAHAAN                                   LAPORAN KEUANGAN
 05     CORPORATE GOVERNANCE
                                                           07    KONSOLIDASIAN
 163
        Struktur Tata Kelola Perusahaan                          CONSOLIDATED FINANCIAL
        Corporate Governance Structure
                                                                 STATEMENTS
        Rapat Umum Pemegang Saham (RUPS)
 164                                                             Laporan Keuangan Konsolidasian
        General Meeting of Shareholders (GMS)              261
                                                                 Consolidated Financial Statements
        Direksi
  174
        Board of Directors

        Dewan Komisaris
  181
        Board Of Commissioners

        Hubungan Kerja Dewan Komisaris dan Direksi
 193    Board of Commissioners and Board of Directors
        Working Relations

        Organ Pendukung dan Komite di Bawah
        Dewan Komisaris
 204
        Supporting Organs and Committees under the Board
        of Commissioners

        Sekertaris Perusahaan
  217
        Corporate Secretary

        Unit Audit Internal
  221
        Internal Audit Unit

        Sistem Pengendalian Internal
 225
        Internal Control System

        Manajemen Resiko
 230
        Risk Management

        Kode Etik & Budaya
 233
        Code Of Conduct & Culture

        Akses Dan Keterbukaan Informasi
 233
        Information Access And Disclosure

        Pengadaan Barang Dan Jasa
 240
        Procurement Of Goods And Services




PT Rukun Raharja Tbk                                                 Annual Report 2023                                 9
Page 10

          
Page 11
        IKHTISAR
                               01
    KINERJA 2023
                   PERFORMANCE
                 HIGHLIGHTS 2023



“Peningkatan kinerja keuangan ditopang oleh kenaikan
harga minyak dunia serta proyek-proyek baru yang
             memberikan kontribusi kepada Perseroan.”
“Financial performance improvement was supported by the
increase in world oil prices and new projects contributing
                                         to the Company.”
Page 12
          IKHTISAR KINERJA 2023
          PERFORMANCE HIGHLIGHTS 2023




IKHTISAR KINERJA KEUANGAN
FINANCIAL PERFORMANCE HIGHLIGHT
Laporan Posisi Keuangan Konsolidasian                                                                                          Dalam USD
Consolidated Statements of Financial Position                                                                                      In USD



Uraian                                YoY 2022-2023
                                                                 2023           2022           2021            2020            2019
Description                          %         Nominal

Aset Lancar
                                    37,41%      21.923.918     80.522.149      58.598.231    64.932.853       61.506.974      70.789.312
Current Assets

Aset Tidak Lancar
                                    22,89%      46.219.635    248.125.979     201.906.344    180.653.299      105.137.064    109.650.774
Non-Current Assets

Jumlah Aset
                                    26,16%     68.143.553     328.648.128     260.504.575    245.586.152     166.644.038     180.440.085
Total Assets

Liabilitas Jangka Pendek
                                   108,81%     29.364.070     56.349.438       26.985.368      19.701.199     21.807.586      23.516.436
Current Liabilities

Liabilitas Jangka Panjang
                                     17,21%     17.292.829     117.756.404    100.463.575    100.767.697      21.589.867      34.222.355
Non-Current Liabilities

Jumlah Liabilitas
                                    36,61%     46.656.899     174.105.842     127.448.943    120.468.896      43.397.453      57.738.790
Total Liabilities

Jumlah Ekuitas
                                    16,15%      21.486.654    154.542.286     133.055.632     125.117.256    123.246.585      122.701.295
Total Equity

Jumlah Liabilitas dan Ekuitas
                                    26,16%     68.143.553     328.648.128     260.504.575    245.586.152     166.644.038     180.440.085
Total Liabilities and Equity


Laporan Laba (Rugi) dan Penghasilan Komprehensif Lain Konsolidasian                                                            Dalam USD
Consolidated Statements of Profit or Loss and Other Comprehensive Income                                                           In USD



Uraian                                YoY 2022-2023
                                                                 2023           2022           2021            2020            2019
Description                           %        Nominal
Pendapatan Bersih
                                     60,83%    77.059.872     203.745.960     126.686.088     98.146.630      98.764.724      122.131.956
Net Revenue

Beban Pokok Pendapatan
                                     35,60%    (36.178.705)   (137.806.002)   (101.627297)   (82.725.743)    (82.671.896)   (105.032.586)
Cost of Revenue

Laba Kotor
                                    163,14%     40.881.167     65.939.958      25.058.791     15.420.887      16.092.828      17.099.370
Gross Profit

Beban Umum dan Adminitrasi
General and Adminitrative            40,53%     (5.161.199)    (17.894.728)   (12.733.529)   (10.810.082)    (10.429.479)     (14.251.151)
Expenses
Laba/(Rugi) Selisih Kurs –
Bersih
                                   (115,28%)     2.399.795         318.175     (2.081.620)        98.548       (457.544)       1.034.045
Gain/ (loss) on foreign ex-
change - net

Bagian Laba Entitas Asosiasi
                                      7,46%        518.923       7.479.071      6.960.148      3.058.997        1.714.169      6.678.793
Share of Profit of Associates

Pendapatan (Beban)
Lain - Lain                         302,41%     (4.457.100)    (5.930.954)     (1.473.854)      (757.178)          31.712       566.556
Other Income (Expense)

Laba Usaha
                                    217,30%     34.181.586      49.911.522     15.729.936        7.111.172     6.951.686        11.127.613
Operating Profit

Beban Keuangan/Bunga
                                    242,38%    (6.558.989)     (9.265.045)     (2.706.056)   (2.459.506)      (2.467.433)     (2.079.304)
Finance/Interest Cost

Laba Sebelum Pajak
Penghasilan                         212,09%     27.622.597     40.646.477      13.023.880      4.651.666       4.484.253       9.048.309
Profit Before Income Tax




12                            Laporan Tahunan 2023                                                           PT Rukun Raharja Tbk
Page 13
Uraian                            YoY 2022-2023
                                                              2023          2022          2021           2020          2019
Description                        %         Nominal
Beban Pajak Penghasilan
                                 517,84%     (11.312.460)   (13.496.997)   (2.184.537)   (1.254.935)    (1.960.840)   (2.710.907)
Income tax expense

Laba Bersih Tahun Berjalan
                                 150,47%      16.310.137     27.149.480    10.839.343     3.396.731      2.523.413     6.337.402
Profit for the Year

Penghasilan Komprehensif
Lain                            (638,57%)      (156.342        (131.859)      24.483        130.287        (77.516)    (158.185)
Other Comprehensive Income

Jumlah Penghasilan
Komprehensif Tahun Berjalan
                                 148,69%     16.153.795       27.017.621   10.863.826     3.527.018     2.445.897      6.179.217
Total Comprehensive Income
for the Year

Laba Tahun Berjalan yang Dapat Diatribusikan Kepada:
Profit For The Year Attributable To:

  Pemilik Entitas Induk
  Owners of the Parent           190,27%     16.784.961     25.606.534      8.821.573     2.252.268      1.389.428    5.706.456
  Entity

  Kepentingan Non-
  pengendali                     (23,53%)     (474.824)       1.542.946     2.017.770     1.144.463      1.133.984      630.947
  Non-Controlling Interests


Jumlah Penghasilan Komprehensif Tahun Berjalan yang Dapat Diatribusikan Kepada:
Total Comprehensive Income For The Year Attributable To:


  Pemilik Entitas Induk
  Owners of the Parent            188,11%    16.656.194      25.510.862    8.854.668      2.366.249       1.316.174   5.564.605
  Entity

  Kepentingan Non-
  pengendali                     (25,01%)     (502.399)       1.506.759     2.009.158      1.160.769     1.129.723       614.613
  Non-Controlling Interests


Laba per Saham yang
Diatribusikan kepada Pemilik
Entitas Induk – Dasar dan
Dilusian
                                 189,95%        0,00397        0,00606       0,00209       0,00053        0,00033       0,00135
Earnings per Share
Attributable to Owners of
the Parent Entity – Basic and
Diluted




PT Rukun Raharja Tbk                                                               Annual Report 2023                          13
Page 14
          IKHTISAR KINERJA 2023
          PERFORMANCE HIGHLIGHTS 2023




Laporan Arus Kas Konsolidasian                                                                                                          Dalam USD
Consolidated Statements of Cash Flows                                                                                                       In USD


                                       YoY 2022-2023
Uraian                                                              2023                 2022            2021            2020           2019
Description                            %          Nominal

Arus Kas dari Aktivitas Operasi
Cash Flow from Operating              270,23%     31.855.842       43.644.199        11.788.357         (3.462.616)     17.044.962      4.760.366
Activities

Arus Kas dari Aktivitas Investasi
Cash Flow from Investing              195,48%    (35.277.282)   (53.323.647)       (18.046.365)      (72.465.029)       (1.967.480)   (24.084.732)
Activities

Arus Kas dari Aktivitas
Pendanaan
                                    (2133,88%)     15.154.518      14.444.332            (710.186)      74.192.817       1.893.409      21.122.742
Cash Flow from Financing
Activities

Penambahan/ (Penurunan)
Bersih Kas dan Setara Kas
                                     (168,38%)     11.733.078       4.764.884       (6.968.194)         (1.734.828)     16.970.891      1.798.377
Net Increase (Decrease) in Cash
and Cash Equivalents

Kas dan Setara Kas Awal Tahun
Cash and Cash Equivalents at          (18,80%)    (6.968.194)      30.103.102        37.071.296        38.806.124       21.835.233     20.036.856
Beginning of the Year

Kas dan Setara Kas Akhir Tahun
Cash and Cash Equivalents at           15,83%      4.764.884       34.867.986        30.103.102         37.071.296      38.806.124     21.835.233
End of the Year




Rasio Keuangan                                                                                                                          Dalam USD
Financial Ratios                                                                                                                            In USD


Uraian                              Satuan
                                                    2023                2022                    2021                  2020             2019
Description                          Unit

Rasio Profitabilitas
Profitability Ratio

Imbalan Atas Aset
                                      %                    8,26                  4,16                   1,38                 1,51              3,51
Return on Assets (ROA)

lmbalan Kepada Pemegang
Saham                                 %                    17,57                 8,15                   2,71                 2,05              5,16
Return to Equity (ROE)

Margin Laba Bersih
                                      %                   13,33                  8,56                  3,46                  2,55              5,19
Net Profit Margin

Margin EBITDA
                                      %                  34,62                  20,52                  15,84              15,39               15,86
EBITDA Margin

Rasio Likuiditas
Liquidity Ratio

Rasio Lancar
                                      %                 142,90                  217,15               329,59             282,04             301,02
Current Ratio

Rasio Kas
                                      %                   61,88                 111,55               188,17              177,95             92,85
Cash Ratio

Rasio Solvabilitas
Solvency Ratio

Rasio Utang Terhadap Aset
                                      %                  52,98                  48,92                 49,05              26,04              32,00
Debt to Assets Ratio

Rasio Utang Terhadap Ekuitas
                                      %                  112,66                 95,79                 96,28               35,21             47,06
Debt to Equity Ratio




14                         Laporan Tahunan 2023                                                                       PT Rukun Raharja Tbk
Page 15
GRAFIK KINERJA KEUANGAN
FINANCIAL PERFORMANCE GRAPH

Kas dan Setara Kas Akhir Tahun                                                                                          Dalam USD
Cash and Cash Equivalents at the End of Year                                                                                In USD




                                                                                      (2021)        (2020)
                                                          (2023)                    37.071.296    38.806.124

                                               YoY      34.867.986      (2022)
                                                                      30.103.102
                                               15,83%
                                                                                                                  (2019)
                                                                                                               21.835.233




Jumlah Aset                                                                                                             Dalam USD
Total Assets                                                                                                                In USD


                                                          (2023)
                                                        328.648.128

                                                                        (2022)
                                                                      260.504.575
                                               YoY                                    (2021)
                                                                                    245.586.152
                                               26,16%                                                            (2019)
                                                                                                     (2020)   180.440.085
                                                                                                  166.644.038




Jumlah Liabilitas                                                                                                       Dalam USD
Total Liabilities                                                                                                           In USD


                                                          (2023)
                                                        174.105.842
                                                                         (2022)
                                                                                       (2021)
                                                                      127.448.943
                                                                                    120.468.896

                                               YoY
                                               36,61%                                                            (2019)
                                                                                                               57.738.790
                                                                                                    (2020)
                                                                                                  43.397.453




Jumlah Ekuitas                                                                                                          Dalam USD
Total Equity                                                                                                                In USD


                                                           (2023)
                                                        154.542.286


                                               YoY
                                                                         (2022)
                                                                      133.055.632


                                               16,15%                                 (2021)
                                                                                    125.117.256

                                                                                                     (2020)      (2019)
                                                                                                  123.246.585 122.701.295




PT Rukun Raharja Tbk                                           Annual Report 2023                                              15
Page 16
       IKHTISAR KINERJA 2023
       PERFORMANCE HIGHLIGHTS 2023




Pendapatan Usaha Bersih                                                                                   Dalam USD
Net Revenues                                                                                                  In USD



                                                     (2023)
                                                   203.745.960

                                             YoY
                                             60,83%                   (2022)
                                                                   126.686.088                           (2019)
                                                                                   (2021)     (2020)   122.131.956
                                                                                 98.146.630 98.764.724




EBITDA                                                                                                    Dalam USD
EBITDA                                                                                                        In USD



                                                        (2023)
                                                      70.535.491
                                             YoY
                                             171,39
                                                                     (2022)
                                                                   25.990.364                              (2019)
                                                                                   (2021)      (2020)   19.375.262
                                                                                15.548.868   15.198.174




Laba Tahun Berjalan                                                                                       Dalam USD
Profit for The Year                                                                                           In USD




                                                        (2023)
                                             YoY      27.149.480
                                             150,47%
                                                                     (2022)
                                                                   10.839.343
                                                                                                           (2019)
                                                                                                         6.337.402
                                                                                   (2021)
                                                                                               (2020)
                                                                                 3.396.731
                                                                                             2.523.413




Jumlah Penghasilan Komprehensif Tahun Berjalan                                                            Dalam USD
Total Comprehensive Income for the Year                                                                       In USD



                                                       (2023)
                                             YoY      27.017.621

                                             148,69%
                                                                     (2022)
                                                                   10.863.826
                                                                                                          (2019)
                                                                                   (2021)                6.179.217
                                                                                 3.527.018     (2020)
                                                                                             2.445.897




16                    Laporan Tahunan 2023                                             PT Rukun Raharja Tbk
Page 17
IKHTISAR KINERJA OPERASIONAL
OPERATIONAL PERFORMANCE




Produktivitas per Segmen
Productivity per Segment


Segmen        Uraian                        Satuan   YoY 2022-2023
                                                                               2023           2022         2021
Segment       Description                   Unit
                                                     %         Nominal

              Jasa Kompresi
                                            MSCF     -18,08%   (2.214.749)    10.037.307    12.252.056    10.074.714
              Compression Services

              Penyaluran Air Bersih
                                            M3        -7,11%     (103.401)      1.351.411     1.454.812    1.436.164
              Clean Water Distribution
 Midstream
              Terminal LPG
                                            Kg       16,84%    27.818.470    193.021.780    165.203.310    7.087.240
              LPG Terminal

              Jasa Pengangkutan Gas
                                            MSCF      -4,61%    (555.777)     11.500.412     12.056.189   10.815.934
              Gas Transportation Services

              Perdagangan Gas
                                            MMBTU    -6,86%     (965.633)     13.100.904    14.066.537    12.398.093
              Gas Trading

              Perdagangan CNG
 Downstream                                 MMBTU    67,42%      299.916        744.744        444.827      146.608
              CNG Trading

              Jasa Pengangkutan Gas
                                            MSCF      -6,71%    (649.032)     9.028.619       9.677.651    7.299.039
              Gas Transportation Services




PT Rukun Raharja Tbk                                                  Annual Report 2023                          17
Page 18
       IKHTISAR KINERJA 2023
       PERFORMANCE HIGHLIGHTS 2023




Jasa Pengangkutan Gas                                                                            Dalam MSCF
Gas Transportation Service                                                                           In MSCF


                                                                     (2022)
                                                          (2023)
                                                                   21.733.840
                                                        20.529.030
                                                                                      (2021)
                                                                                    18.144.973

                                              YoY
                                              -5,54%




Jasa Kompresi                                                                                    Dalam MSCF
Compresion Service                                                                                   In MSCF


                                                                        (2022)
                                                                      12.252.056
                                                          (2023)                      (2021)
                                                        10.037.307                  10.074.714

                                              YoY
                                              -18,08%




Terminal LPG                                                                                       Dalam Kg
LPG Terminal                                                                                           In Kg



                                                          (2023)
                                                        193.021.780

                                                                        (2022)
                                             YoY                      165.203.310

                                             16,84%
                                                                                      (2021)
                                                                                    7.087.240




Distribusi Air Bersih                                                                              Dalam M3
Clean Water Distribution                                                                               In M3



                                                                         (2022)
                                                                       1.454.812
                                                                                      (2021)
                                                          (2023)                    1.436.164
                                                         1.351.411
                                              YoY
                                              -7,11%




18                    Laporan Tahunan 2023                                   PT Rukun Raharja Tbk
Page 19
IKHTISAR SAHAM DAN/ATAU EFEK LAINNYA
STOCK AND/OR OTHER SECURITIES HIGHLIGHTS


                                                2022                                                    2023
Uraian
Description
                             Q1           Q2           Q3            Q4            Q1             Q2             Q3            Q4


Harga Pembukaan
                                  182          185          348        1.040           1.050           975            970           985
Highest Price



Harga Tertinggi
                                  224          448       1.230         1.200           1.175        1.220          1.040         1.770
Highest Price



Harga Terendah
                                  161          181          320           905           730            850            820           845
Lowest Price



Harga Penutupan
                                  185          350       1.040         1.045            965            970            985        1.410
Closing Price


Volume Perdagangan
(dalam ribuan
                           1.148.072    4.850.635    6.183.570     2.232.892    10.885.523     12.698.273    6.974.768      14.236.846
Trading Volume
(in thousand)


Saham Beredar
                                                                       4.227.082.500
Circulated Shares


Kapitalisasi Pasar
(dalam jutaan)
                             782.010    1.479.479    4.396.166      4.417.301    4.079.135      4.100.270      4.163.676     5.960.186
Capitalization Market
(in million)




AKSI KORPORASI DAN PERDAGANGAN SAHAM                              CORPORATE ACTION AND STOCK TRADING

Pada tahun 2023, Perseroan tidak melakukan aksi                   In 2023, the Company did not undertake any corporate
korporasi, baik dalam bentuk pemecahan saham, pengga-             actions, whether in the form of stock splits, reverse stock
bungan saham, dividen saham, saham bonus, penerbitan              splits, stock dividends, bonus shares, issuance of convert-
efek konversi, serta perubahan nilai nominal saham atau           ible securities, or changes in the nominal value of shares
jumlah saham beredar. Perseroan juga tidak mengalami              or the number of outstanding shares. The Company also
permasalahan di bidang perdagangan saham, seperti                 did not encounter any issues in stock trading, such as
penghentian sementara atau penghapusan pencatatan                 suspension or delisting of shares.
saham.




PT Rukun Raharja Tbk                                                             Annual Report 2023                                  19
Page 20
          IKHTISAR KINERJA 2023
          PERFORMANCE HIGHLIGHTS 2023




IKHTISAR DIVIDEN
DIVIDEND SUMMARY

Berdasarkan Keputusan Rapat Umum Pemegang Saham                      Based on the Resolutions of the General Meeting
(RUPS) tanggal 29 Mei 2023, para pemegang saham                      of Shareholders (GMS) on May 29, 2023, share-
menyetujui pembagian dividen yang berasal dari laba                  holders approved the distribution of dividends
bersih tahun 2022 sebesar USD 8.821.573 ekuivalen                    originating from the net profit of 2022 amounting
Rp 131.485.545.565.                                                  to USD8,821,573 equivalent to Rp131,485,545,565.

Adapun dividen yang diberikan Perseroan kepada                       The dividends distributed by the Company to Shareholders
Pemegang Saham dalam 3 tahun terakhir adalah sebagai                 in the last 3 years are as follows:
berikut:

Dividen
Dividen



                                                                             Tahun Buku
                                                                               Year Book
Uraian
Description

                                                 2022                                2021                              2020



Laba Bersih (dalam USD)
                                                     USD8.821.573                       USD2.252.268                       USD1.389.429
Net Profit (in USD)




Jumlah Dividen                                      USD4,500,000/                       USD1,993,045/                      USD1,518,712/
Dividend Amount                                   Rp67.083.799.275                   Rp29.505.035.850                    Rp21.811.745.700




Dividen per Saham (dalam Rp)
                                                          Rp15,87                             Rp6,98                              Rp5,16
Dividend per Share (in Rp)




Payout Ratio (%)
                                                           51,01%                             88,49%                            109,30%
Payout Ratio (%)




Dasar Hukum                       Akta No.69 tanggal 29 Mei 2023     Akta No.37 tanggal 22 Juni 2022    Akta No.32 tanggal 27 April 2021
Legal Basis                       Deed No.69 dated May 29, 2023      Deed No.37 dated June 22, 2022     Deed No.32 dated April 27, 2021




Tanggal Pengumuman                31 Mei 2023                        23 Juni 2022                       28 April 2021
Announcement Date                 May 31, 2023                       June 23, 2022                      April 28, 2021




Tanggal Pembayaran                27 Juni 2023                       22 Juli 2022                       27 Mei 2021
Payment Date                      June 27, 2023                      July 22, 2022                      May 27, 2021




20                        Laporan Tahunan 2023                                                            PT Rukun Raharja Tbk
Page 21
PT Rukun Raharja Tbk   Annual Report 2023   21
Page 22

          
Page 23
  LAPORAN
                02
MANAJEMEN
               MANAGEMENT
                   REPORT


“Sepanjang tahun 2023 iklim usaha masih
dihadapkan oleh berbagai tantangan, namun hal
itu tak menyurutkan kinerja usaha Perusahaan
             yang senantiasa bergerak positif.”
“Throughout 2023, the business climate was still
confronted by various challenges, yet this did
not deter the Company’s business performance,
         which consistently remained positive.”
Page 24
       LAPORAN MANAJEMEN
       MANAGEMENT REPORT




LAPORAN DEWAN KOMISARIS
BOARD OF COMMISSIONERS REPORT




                           Dewan Komisaris melihat bahwa
                           i n ova s i d a n a k s i “ u n o r ga n i c”
                           merupakan penggerak kinerja
                           Perseroan yang akan menjadi
                           landasan bagi Perseroan untuk
                           meraih pertumbuhan usaha yang
                           berkelanjutan.



                           “The Board of Commissioners sees that innovation
                           and “unorganic” actions are drivers of the Company’s
                           performance, which will serve as the foundation
                           for the Company to achieve sustainable business
                           growth.”




                                         RUDIANTARA
                                         Komisaris Utama
                                         President Commisioner
Page 25
Pemegang Saham dan Pemangku
Kepentingan yang Kami Hormati,
Tahun 2023 menjadi tahun yang penuh tantangan bagi perekonomian Indonesia.
Pertumbuhan ekonomi melambat menjadi 5,05 persen, sedikit lebih rendah dari tahun
sebelumnya yang mencapai 5,31 persen. Namun, di tengah badai ekonomi global dan
inflasi yang tinggi, Indonesia masih menunjukkan ketangguhan.

Pertumbuhan ekonomi Indonesia pada kuartal IV-2023 mencapai 5,04 persen (year on
year/yoy), sedikit melebihi proyeksi pemerintah sebesar 5 persen. Penyumbang utama
pertumbuhan ini adalah peningkatan konsumsi rumah tangga dan investasi. Konsumsi
rumah tangga, yang merupakan komponen terbesar dari produk domestik bruto (PDB)
Indonesia, tumbuh 4,82 persen di 2023. Kenaikan upah minimum dan bantuan sosial
pemerintah menjadi faktor pendorong utama peningkatan konsumsi rumah tangga.
Di tengah tantangan ekonomi global dan inflasi yang tinggi, peningkatan konsumsi
rumah tangga menunjukkan bahwa daya beli masyarakat Indonesia masih terjaga.

Ekspor dan impor juga mengalami peningkatan. Kenaikan ekspor didorong oleh
permintaan global yang relatif masih kuat terhadap komoditas andalan Indonesia,
seperti batu bara, minyak kelapa sawit, dan karet. Sementara itu, peningkatan
impor didorong oleh kebutuhan bahan baku dan barang modal untuk mendukung
pertumbuhan ekonomi. Hal ini menunjukkan bahwa Indonesia masih mampu bersaing
di pasar global.

Di tengah tantangan ekonomi yang berkembang sepanjang tahun 2023, Dewan
Komisaris menilai Perseroan dapat membukukan kinerja yang sangat baik. Bersama
ini, perkenankan kami menyampaikan laporan pertanggungjawaban Dewan Komisaris
atas pengawasan kegiatan PT Rukun Raharja Tbk (RAJA) untuk tahun buku 2023 yang
merupakan bagian dari penerapan prinsip tata kelola perusahaan yang baik.



Dear Respected Shareholders and
Stakeholders,

The year 2023 posed many challenges for the Indonesian economy. Economic growth
slowed to 5.05 percent, slightly lower than the previous year’s 5.31 percent. However,
amidst the globaleconomicturmoil and high inflation, Indonesiademonstrated resilience.

Indonesia’s economic growth in the fourth quarter of 2023 reached 5.04 percent (year
on year/yoy), slightly exceeding the government’s projection of 5 percent. The main
contributors to this growth were increased household consumption and investment.
Household consumption, the largest component of Indonesia’s Gross Domestic Product
(GDP), grew by 4.82 percent in 2023. The rise in minimum wages and government social
assistance were the main driving factors behind the increase in household consumption,
indicating that the purchasing power of the Indonesian population remained intact.

Exports and imports also experienced an increase. The rise in exports was driven
by relatively strong global demand for Indonesia’s main commodities, such as coal,
palm oil, and rubber. Meanwhile, the increase in imports was driven by the need for
raw materials and capital goods to support economic growth. This indicates that
Indonesia is still able to compete in the global market.

Amidst the      evolving economic challenges throughout 2023, the Board of
Commissioners evaluates that the Company has been able to achieve very good
performance. With this, we would like to present the Board of Commissioners’
accountability report on the supervision of the activities of PT Rukun Raharja Tbk
(RAJA) for the 2023 fiscal year, which is part of the implementation of good corporate
governance principles.
Page 26
                  LAPORAN MANAJEMEN
                  MANAGEMENT REPORT




Penilaian Kinerja Direksi                                 Performance Assessment of the Board of Directors

Dalam menjalankan tugas dan tanggung jawab Dewan          In fulfilling the duties and responsibilities of the Board
Komisaris yaitu, pengawasan dan pemberian nasihat         of Commissioners, which include supervising and
kepada Direksi, Dewan Komisaris memastikan bahwa          providing advice to the Board of Directors, we ensure
Direksi mampu mencapai target yang telah ditetapkan.      that the Board of Directors is capable of achieving the
Dewan Komisaris juga melaksanakan tugas, kewajiban dan    established targets. We also fulfill our duties, obligations,
tanggung jawabnya dalam rangka melakukan pengawasan       and responsibilities by supervising the formulation of
terhadap perumusan strategi dan implementasi strategi     the Company’s strategies and their implementation in
Perseroan sesuai peraturan perundang-undangan yang        accordance with applicable laws, regulations, and the
berlaku dan Anggaran Dasar Perseroan. Secara rutin dan    Company’s Articles of Association. Periodically, the Board
berkala, Dewan Komisaris menjalankan fungsi pengawasan    of Commissioners carries out supervisory functions as well
maupun pemberian saran/nasihat terhadap rencana kerja     as providing advice/consultation on the work plans and
serta kebijakan strategis yang dijalankan oleh Direksi.   strategic policies implemented by the Board of Directors.
Dewan Komisaris dan Direksi senantiasa membuka ruang      Both the Board of Commissioners and the Board of Directors
komunikasi yang komunikatif dan intens terutama dalam     consistently foster open and intensive communication,
merumuskan berbagai inisiatif dan rencana strategis       particularly in formulating various initiatives and strategic
Perseroan menghadapi tantangan industri.                  plans to address industrial challenges.

Di tengah kondisi perekonomian yang masih mengalami       Amidst the economically uncertain conditions, we commend
ketidakpastian, Dewan Komisaris memberikan apresiasi      the achievements of the Board of Directors in 2023. They
kepada Direksi atas pencapaian di tahun 2023. Direksi     have persevered amidst challenging economic conditions
telah mampu bertahan di tengah kondisi perekonomian       and have achieved outstanding performance. In 2023, the
yang masih penuh tantangan dan dapat mencatatkan          Company’s revenues experienced an impressive surge
kinerja yang sangat baik. Pada tahun 2023, pendapatan     of 61% yoy, reaching USD203.7 million compared to the
Perseroan mengalami lonjakan impresif sebesar 61%         previous year’s USD126.7 million.
yoy atau mencapai USD203,7 juta dibandingkan dengan
tahun sebelumnya yang sebesar USD 126,7 juta.

Pandangan atas Prospek Usaha yang Disusun                 View on Business Prospects Outlined by the Board
Direksi                                                   of Directors

Secara garis besar, Dewan Komisaris berpandangan          Overall, the Board of Commissioners views the business
bahwa prospek usaha yang telah disusun oleh Direksi       prospects outlined by the Board of Directors in the
sebagaimana yang tertuang dalam rencana kerja Perseroan   Company’s work plan for 2024 as quite promising and
untuk tahun 2024, sudah cukup baik dan selaras dengan     aligned with the Company’s short-term and long-term
arah serta tujuan Perseroan baik dalam jangka pendek      directions and objectives. The Board of Commissioners
maupun jangka panjang. Dewan Komisaris menilai prospek    assesses that the business prospects outlined by the
usaha yang disusun Direksi, telah mempertimbangkan        Board of Directors has taken into account assumptions
asumsi-asumsi dalam makro ekonomi global dan nasional     in the global and national macroeconomic outlook for
pada masa mendatang.                                      the future.

Dewan Komisaris menilai, tahun 2024 masih akan menjadi    The Board of Commissioners believes that 2024 will still
tahun yang menantang bagi Perseroan. Kendati demikian,    be a challenging year for the Company. Nevertheless, the
Dewan Komisaris meyakini bahwa Perseroan memiliki         Board of Commissioners is confident that the Company
peluang yang besar untuk terus meraih pertumbuhan         has significant opportunities to continue achieving
usaha di tahun 2024. Perseroan mempersiapkan diri         business growth in 2024. The Company is preparing to
untuk memasuki dua lini bisnis yang berpotensi besar,     enter two potentially significant business lines, New and
Energi Baru Terbarukan (EBT) dan Amonia menyasar          Renewable Energy (EBT) and Ammonia, targeting market
potensi pasar di Asia Timur.                              potential in East Asia.




26                    Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 27
Dewan Komisaris akan selalu mengingatkan Direksi untuk      The Board of Commissioners will consistently remind the
melakukan pengembangan usaha dengan mengedepankan           Board of Directors to develop the business by prioritizing
prinsip kehati-hatian termasuk mengidentifikasi risiko-     the principle of caution, including identifying its risks and
risikonya menyiapkan program mitigasinya. Selain itu,       preparing mitigation programs. Additionally, the Board
Dewan Komisaris juga mengingatkan Direksi untuk             of Commissioners also reminds the Board of Directors to
meningkatkan kualitas penerapan manajemen risiko yang       enhance the quality of forward-looking risk management
bersifat forward looking, sehingga dapat mengantisipasi     implementation to anticipate various potential risks that
berbagai potensi risiko yang mungkin dihadapi Perseroan     the Company may face in the future.
ke depan.

Pandangan Atas Penerapan Governansi Perusahaan              View on the Implementation of Corporate Governance

Penerapan Governansi Perusahaan yang Baik atau Good         The implementation of Good Corporate Governance
Corporate Governance (GCG) di Perseroan senantiasa          (GCG) at the Company always refers to applicable laws
mengacu pada peraturan perundang-undangan yang              and regulations. The application of GCG is an important
berlaku. Penerapan GCG merupakan langkah yang penting       step in achieving sustainable company performance. The
dalam mencapai kinerja perusahaan yang berkelanjutan.       Company is committed to implementing GCG principles
Perseroan berkomitmen untuk menerapkan prinsip-prinsip      as a foundation for creating sustainable added value
GCG sebagai landasan dalam menciptakan nilai tambah         for the interests of shareholders, society at large, and
yang berkelanjutan bagi kepentingan para pemegang           various other stakeholders, both in the short and long
saham, masyarakat secara luas, dan berbagai pemangku        term. In implementing the principles of Good Corporate
kepentingan lainnya baik dalam jangka pendek maupun         Governance throughout its business processes, the
jangka panjang. Dalam menerapkan prinsip Governansi         Company implements 5 (five) fundamental principles,
yang Baik di seluruh proses bisnis, Perseroan menerapkan    namely Transparency, Accountability, Responsibility,
5 (lima) prinsip dasar yaitu Transparansi (Transparency),   Independency, and Fairness.
Akuntabilitas (Accountability), Pertanggungjawaban
(Responsibility), Kemandirian (Independency), Kewajaran
dan Kesetaraan (Fairness).

Pada proses jalannya penerapan GCG, Dewan Komisaris         In the process of implementing GCG, The Board of
telah melaksanakan pengawasan terhadap jalannya             Commissioners has overseen the management of the
pengelolaan Perseroan berdasarkan rencana kerja yang        Company based on the work plan agreed upon by the Board
telah disepakati oleh Direksi dan Dewan Komisaris.          of Directors and the Board of Commissioners. The Board
Dewan Komisaris secara aktif memberikan nasihat dan         of Commissioners actively provides advice and input to
masukan kepada Direksi agar rencana kerja dimaksud bisa     the Board of Directors to ensure that the work plan can be
dicapai dengan optimal. Disamping itu, Dewan Komisaris      optimally achieved. In addition, the Board of Commissioners
mendukung Direksi dengan memfasilitasi proses-proses        supports the Board of Directors by facilitating internal
kerja internal dan eksternal agar rencana kerja dan         and external work processes to ensure the work plan
strategi bisa dicapai. Fokus pelaksanaan Governansi         and strategies can be accomplished. The focus of
(GCG) pada tahun 2023 adalah perbaikan “Soft Structure”     Good Corporate Governance (GCG) implementation in
seperti pengkinian piagam-piagam Dewan Komisaris,           2023 was on improving the “Soft Structure,” such as
Direksi maupun organ Dewan Komisaris. Kebijakan             updating charters of the Board of Commissioners, the
diimplementasikan setelah melalui proses sosialisasi,       Board of Directors, and the Board of Commissioners’
dan senantiasa dilakukan proses review dan peninjauan       organs. Policies are implemented after undergoing a
secara berkala dalam rangka mengikuti perkembangan          socialization process, and there is always a process
dan perubahan peraturan yang berlaku. Dewan Komisaris       of periodic review and evaluation to follow developments
berpendapat bahwa Direksi telah menerapkan GCG dengan       and changes in applicable regulations.The Board of
efektif dan konsisten di 2023.                              Commissioners believes that the Board of Directors have
                                                            effectively and consistently implemented GCG in 2023.




PT Rukun Raharja Tbk                                                     Annual Report 2023                          27
Page 28
                   LAPORAN MANAJEMEN
                   MANAGEMENT REPORT




Penilaian Kinerja Komite di Bawah Dewan Komisaris             Performance Assessment of Committees under the
                                                              Board of Commissioners

Dalam rangka meningkatkan peran Dewan Komisaris               Two committees have been established to enhance the
dalam menjalankan fungsi pengawasan, Dewan Komisaris          role of The Board of Commissioners is supported by 2
ditunjang 2 (dua) komite yaitu:                               (two) committees:

1.   Komite Audit                                             1.   Audit Committee
2.   Komite Nominasi, Remunerasi, dan GCG                     2.   Nomination, Remuneration, and GCG Committee

Dewan Komisaris melakukan penilaian atas efektivitas          The Board of Commissioners assesses the effectiveness
kinerja komite-komite di bawah Dewan Komisaris. Prosedur      of the performance of these committees. The performance
dan kriteria penilaian kinerja Komite di bawah Dewan          assessment procedures and criteria are based on the
Komisaris dilihat dari pencapaian indikator kinerja masing-   achievement of performance indicators for each committee.
masing Komite. Dewan Komisaris menilai bahwa selama           The Board of Commissioners assessed that in 2023,
tahun 2023 komite Dewan Komisaris telah menjalankan           these committees effectively fulfilled their duties and
tugas dan tanggung jawabnya dengan efektif.                   responsibilities.

Untuk menjaga kesinambungan kinerja, Dewan Komisaris          To ensure continuity in performance, the Board of
mengharapkan seluruh anggota komite dapat terus               Commissioners expects all committee members to
meningkatkan keterampilan mereka di bidang masing-            continue improving their skills in their respective fields
masing dan tetap konsisten dalam menjalankan tugasnya         and to remain consistent in carrying out their duties with
dengan dedikasi dan integritas.                               dedication and integrity.

Perubahan Komposisi Dewan Komisaris                           Changes in the Composition of the Board of
                                                              Commissioners

Pada tahun 2023, terdapat perubahan komposisi Dewan           In 2023, there were changes in the composition of the
Komisaris. Susunan Dewan Komisaris PT Rukun Raharja           Board of Commissioners. The composition of the Board
Tbk sepanjang tahun 2023 adalah sebagai berikut:              of Commissioners of PT Rukun Raharja Tbk throughout
                                                              2023 was as follows:

1 Januari 2023-29 Mei 2023                                    January 1, 2023 - May 29, 2023


 Rudiantara                   : Komisaris Utama                Rudiantara              : President Commissioner

 M. Arsjad Rasjid PM          : Komisaris                      M. Arsjad Rasjid PM     : Commissioner

 Rachmat Gobel                : Komisaris Independen           Rachmat Gobel           : Independent Commissioner


29 Mei 2023-31 Desember 2023                                  May 29, 2023 - December 31, 2023


 Rudiantara                   : Komisaris Utama                Rudiantara              : President Commissioner

 M. Arsjad Rasjid PM          : Komisaris                      M. Arsjad Rasjid PM     : Commissioner

 Rachmat Gobel                : Komisaris Independen           Rachmat Gobel           : Independent Commissioner

 Orias Petrus Moedak          : Komisaris Independen           Orias Petrus Moedak : Independent Commissioner

 D. Andhi Nirwanto            : Komisaris Independen           D. Andhi Nirwanto       : Independent Commissioner




28                     Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
Page 29
Apresiasi                                                   Appreciation

Atas nama Dewan Komisaris, kami ingin menyampaikan          On behalf of the Board of Commissioners, we would like
penghargaan dan terima kasih yang sebesar-besarnya          to express our utmost appreciation and gratitude to all
kepada seluruh customer, mitra bisnis, pemegang saham,      customers, business partners, shareholders, regulators,
regulator, masyarakat di lingkungan operasi Perseroan       communities in the Company’s operational environment,
serta para pemangku kepentingan lainnya, kerja sama         and other stakeholders, cooperation, and excellent working
dan hubungan kerja yang baik dengan kami. Dengan            relationship with us. With their support, the Company has
dukungan mereka, Perseroan mampu memberikan kinerja         been able to deliver good business performance during
bisnis yang baik di masa-masa yang penuh tantangan.         challenging times.

Kami juga menyampaikan penghargaan yang sebesar-            We also extend our deepest appreciation to the Board of
besarnya kepada Direksi dan karyawan atas kerja keras       Directors and employees for their hard work and dedication
dan dedikasinya selama tahun 2023 yang penuh tantangan.     throughout the challenging year of 2023. The Board of
Dewan Komisaris yakin bahwa Perseroan akan tetap            Commissioners is confident that the Company will remain
tangguh dengan penerapan kebijakan strategis yang           resilient with the implementation of appropriate strategic
tepat dan kepatuhan terhadap prinsip-prinsip tata kelola.   policies and adherence to governance principles.




                               Atas Nama Dewan Komisaris PT Rukun Raharja Tbk
                                              Jakarta, 30 April 2024
                         On behalf of the Board of Commissioners of PT Rukun Raharja Tbk
                                              Jakarta, April 30, 2024




                                                  RUDIANTARA
                                                 Komisaris Utama
                                              President Commissioner




PT Rukun Raharja Tbk                                                     Annual Report 2023                       29
Page 30
       LAPORAN MANAJEMEN
       MANAGEMENT REPORT




LAPORAN DIREKSI
BOARD OF DIRECTORS REPORT




                            Perseroan membuktikan berjalannya
                            strategi dan arah bisnis yang
                            direncanakan, sehingga investasi
                            yang dilakukan khususnya pada
                            infrastruktur dan penyertaan pada
                            beberapa blok minyak memberikan
                            manfaat dengan pertumbuhan
                            pendapatan yang kuat




                            “The Company has proven the successful execution
                            of planned business strategies and directions,
                            resulting in beneficial investments, particularly
                            in infrastructure and participation in several oil
                            blocks, yielding strong revenue growth.”




                                         DJAUHAR MAULIDI
                                         Direktur Utama
                                         President Director
Page 31
Pemegang Saham dan Pemangku
Kepentingan yang Kami Hormati,

Puji syukur kita panjatkan kehadirat, Tuhan Yang Maha Esa, atas limpahan rah-
mat-Nya kepada kita semua sehingga Rukun Raharja dapat memberikan kinerja yang
baik meskipun perekonomian global masih dibayangi oleh berbagai risiko seperti
ketegangan geopolitik dan suku bunga yang relatif tinggi.

Sebagai bentuk komitmen keberlanjutan PT Rukun Raharja Tbk dalam mewujudkan
visinya untuk “Menjadi perusahaan investasi yang disegani dalam pengadaan energi
bersih bagi kepentingan bangsa dan masyarakat”, Perseroan terus mengoptimalkan
kapasitas dan perannya dalam meraih pencapaian kerja yang lebih baik di tengah
kondisi perekonomian global yang penuh tantangan. Upaya tersebut dilandasi oleh
pemahaman dan keyakinan Perseroan yang memaknai kinerja dan kerja keras se-
bagai wujud tanggung jawab terhadap loyalitas dan kepercayaan yang diberikan oleh
segenap pemangku kepentingan.

Melalui Laporan Tahunan ini, perkenankan kami menyampaikan hasil kinerja Per-
seroan tahun 2023, sebagai wujud tanggung jawab kepada Pemegang Saham dan
seluruh Pemangku Kepentingan lainnya.




Dear Respected Shareholders and
Stakeholders,
We express our gratitude to Almighty God for His blessings upon us all, enabling
Rukun Raharja to deliver good performance despite the global economy being over-
shadowed by various risks, such as geopolitical tensions and relatively high interest
rates.

As a form of commitment to sustainability, PT Rukun Raharja Tbk continues to op-
timize its capacity and role in achieving better performance amid the challenging
global economic conditions, in line with its vision to become a respected investment
company in providing clean energy for the interest of the nation and society. These
efforts are based on the Company’s understanding and belief that performance and
hard work are manifestations of its responsibility towards the loyalty and trust be-
stowed by all stakeholders.

Through this Annual Report, we would like to present the Company’s performance
results for the year 2023 as a form of accountability to the Shareholders and all other
Stakeholders.
Page 32
                  LAPORAN MANAJEMEN
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Kondisi Ekonomi 2023                                        Economic Condition in 2023

Di tengah berbagai tantangan ekonomi global sebagai         Amid various global economic challenges, due to ongoing
dampak belum berakhirnya konflik geopolitik Kawasan.        geopolitical conflicts in the region, the economies of
Ekonomi negara-negara Eropa melemah dipicu oleh             European countries have weakened. This weakening is
dampak eskalasi ketegangan geopolitik khususnya antara      driven by the escalation of geopolitical tensions, particu-
Rusia dan Ukraina dan Kawasan Timur Tengah. Konflik         larly between Russia and Ukraine, as well as in the Middle
geopolitik kawasan tersebut telah menyebabkan pasokan       East region. These geopolitical conflicts have hindered the
komoditas dan energi ke negara-negara Eropa terhambat       supply of commodities and energy to European countries
dan terganggunya supply chain beberapa komoditas yang       and disrupted the supply chain of several commodities
dibutuhkan industri. Di sisi lain pertumbuhan ekonomi       needed by industries. On the other hand, the economic
Amerika Serikat lebih baik dari perkiraan semula yang       growth of the United States is better than initially expected,
dipengaruhi oleh konsumsi yang membaik ditopang             influenced by improved consumption supported by wage
kenaikan upah dan pemanfaatan tabungan yang tinggi.         increases and high savings utilization.



Penurunan inflasi dunia berjalan lambat di tengah           The decrease in global inflation was progressing slowly
pengetatan kebijakan moneter bank sentral di banyak         amidst tightening monetary policies by central banks in
negara. Setelah mencapai puncaknya sebesar 11,6%            many countries. After reaching its peak at 11.6% in the
pada kuartal kedua tahun 2022, inflasi dunia diprakirakan   second quarter of 2022, global inflation was forecasted
turun menjadi 6,8% pada Desember 2023, dengan inflasi       to decrease to 6.8% by December 2023, with inflation in
negara maju tercatat 3,3%, sementara inflasi negara         advanced economies recorded at 3.3%, while inflation
EMDEs tercatat 9,3%. Penurunan inflasi sejalan dengan       in emerging market and developing economies (EMDEs)
penurunan harga energi dan pangan dan dampak dari           was recorded at 9.3%. The decrease in inflation was in
pengetatan kebijakan moneter bank sentral di banyak         line with the decline in energy and food prices and the
negara.                                                     impact of tightening monetary policies by central banks
                                                            in many countries.

Perekonomian Indonesia menunjukkan kinerja positif          Indonesia’s economy has shown positive performance
dengan tumbuh kuat dan stabil meski berada dalam situasi    with strong and stable growth despite being in a global
ekonomi global yang melambat dan penuh ketidakpastian.      economic situation that was slowing down and full of
Secara keseluruhan, perekonomian di tahun 2023              uncertainty. Overall, the economy recorded strong growth
mencatatkan pertumbuhan yang kuat di kisaran 5,05           of 5.05 percent in 2023. However, the economy not only
persen. Namun tidak hanya kuat, pertumbuhan ekonomi         showed strength, but also experienced high-quality
juga berkualitas, ditunjukkan dengan menurunnya tingkat     growth, as evidenced by the decline in unemployment
pengangguran dan kemiskinan. Hal ini tentu tidak lepas      and poverty rates. This was certainly attributed to the
dari peran APBN sebagai shock absorber dalam menjaga        role of the state budget (APBN) as a shock absorber in
daya beli masyarakat dan tingkat inflasi yang terkendali.   maintaining the purchasing power of the people and a
                                                            controlled inflation rate.

Tinjauan Industri                                           Industry Overview

Pada tahun 2023, permintaan gas global naik hanya           In 2023, global gas demand only increased by 0.5%, as
sebesar 0,5%, karena pertumbuhan di Tiongkok, Amerika       growth in China, North America, and gas-rich countries in
Utara, dan negara-negara kaya gas di Afrika dan Timur       Africa and the Middle East was partially offset by declines
Tengah sebagian terimbangi oleh penurunan di kawasan        in other regions. As pandemic restrictions eased and eco-
lain. Ketika pembatasan pandemi dilonggarkan dan            nomic activities resumed, China regained its position as
aktivitas ekonomi kembali berjalan, Tiongkok mendapatkan    the world’s largest LNG importer (although China’s LNG
kembali posisinya sebagai importir LNG terbesar di dunia    imports in 2023 remained below 2021 levels) due to a 7%
(meskipun impor LNG Tiongkok pada tahun 2023 masih di       growth in natural gas demand. Conversely, natural gas
bawah tingkat tahun 2021) karena permintaan gas alam        consumption in Europe decreased by 7%, reaching its




32                     Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
Page 33
tumbuh sebesar 7%. Sebaliknya, konsumsi gas alam di          lowest level since 1995. This decline was exacerbated by
Eropa turun sebesar 7%, mencapai level terendahnya sejak     the rapid expansion of renewable energy and increased
tahun 1995. Penurunan ini diperparah oleh ekspansi cepat     availability of nuclear energy, which dampened natural
energi terbarukan dan peningkatan ketersediaan energi        gas demand in Europe and mature markets in Asia, leading
nuklir yang membebani permintaan gas alam di Eropa           to price decreases.
dan pasar-pasar matang di Asia, mendorong harga turun.

Begitu komoditas minyak mentah dunia anjlok, ICP jeblok      As global crude oil prices plummeted, the ICP dropped to
ke level USD78,43 per barel. Jauh dibandingkan tahun         $78.43 per barrel, significantly lower than the previous
sebelumnya, menyentuh angka USD97,03 per barel.              year’s $97.03 per barrel. Meanwhile, Indonesia’s ready-
Sementara itu, produksi siap jual atau lifting migas di      for-sale oil and gas (oil and gas lifting) production failed
Indonesia belum mampu menutup kebutuhan tinggi               to meet the high domestic fuel oil demand. Oil lifting in
Bahan Bakar Minyak (BBM) dalam negeri. Lifting minyak        2023 remained stagnant at 605.5 million barrels of oil per
bumi di tahun 2023 tertahan di angka 605,5 million           day (mbopd). This decline was a natural consequence of
barrels oil per day (mbopd). Penurunan ini alamiah terjadi   the absence of new resource discoveries. Nevertheless,
menyusul belum ada penemuan sumber-sumber baru.              the decline rate of oil production decreased to just 1.2%.
Kendati demikian, tingkat penurunan produksi (decline        Throughout 2023, the decline rate in the productivity of
rate) minyak berkurang menjadi hanya 1,2%. Sepanjang         oil extraction significantly improved compared to the
tahun 2023, decline rate dari produktivitas eksploitasi      previous seven years, ranging from 3-7%.
jauh membaik ketimbang tujuh tahun terakhir dimana
berkisar antara 3-7%.

Strategi dan Kebijakan Strategis                             Strategies and Strategic Policies

Sebagai bagian dari tugas dan tanggung jawabnya,             As part of its duties and responsibilities, the Board of
Direksi memiliki peran penting dalam perumusan strategi      Directors plays a crucial role in formulating the Company’s
dan kebijakan strategis Perseroan. Direksi merumuskan        strategies and strategic policies. The Board of Directors
strategi dan kebijakan Perseroan yang selaras dengan         formulates strategies and policies that align with the
aspirasi Pemegang Saham dan manajemen, selaras dengan        aspirations of shareholders and management, consistent
strategi jangka Panjang Perusahaan. Perseroan melakukan      with the Company’s long-term strategy. The Company
akselerasi pengembangan bisnis yang ekspansif serta          accelerates the development of an expansive business
dan mengoptimalkan hasil investasi untuk memberikan          and optimizes investment returns to provide added value
nilai tambah kepada pemegang saham. Selain itu,              to shareholders. Additionally, the Company articulates its
disampaikan juga visi jangka panjang Perseroan di            long-term vision, which involves preparing for business
mana Perseroan tengah mempersiapkan Pengembangan             development and diversification to create higher added
bisnis dan diversifikasi bisnis yang nantinya bertujuan      value by entering into petrochemical and new renewable
untuk menciptakan nilai tambah yang lebih tinggi bagi        energy business lines.
perseroan dengan memasuki lini bisnis petrokimia dan
energi baru terbarukan.

Peran Direksi dalam Merumuskan Strategi dan                  The Role of the Board of Directors in Formulating
Kebijakan                                                    Strategies and Policies

Direksi secara aktif terlibat dalam merumuskan strategi      The Board of Directors actively formulates strategies
dan kebijakan, serta melakukan penyesuaian sejalan           and policies and makes adjustments in accordance with
dengan dinamika pasar dan regulasi yang berlaku. Direksi     market dynamics and applicable regulations. The Board
membahas arah dan kebijakan strategis untuk setiap           of Directors discusses the direction and strategic policies
unit bisnis, mencakup penetapan target bisnis, rencana       for each business unit, including setting business targets
pertumbuhan serta pengadaan sarana utama antara              and growth plans and procuring main facilities such as
lain teknologi dan infrastruktur, sumber daya manusia,       technology and infrastructure, human resources, and
dan manajemen risiko. Direksi memastikan kerangka            risk management. The Board of Directors ensures that




PT Rukun Raharja Tbk                                                      Annual Report 2023                         33
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kerja organisasi berjalan efektif, kebijakan dan prosedur   the organizational framework operates effectively, with
yang tepat sasaran, serta infrastruktur manajemen risiko    targeted policies and procedures, as well as prudent risk
yang prudent untuk mendukung operasional sehari-hari        management infrastructure to support the Company’s
di Perseroan.                                               day-to-day operations.

Proses yang dilakukan Direksi untuk Memastikan              The Process Undertaken by the Board of Directors
Implementasi Strategi                                       to Ensure Strategy Implementation

Perseroan memastikan implementasi strategi secara           The Company ensures comprehensive strategy implemen-
menyeluruh melalui komunikasi yang efektif dari Direksi     tation through effective communication from the Board
kepada lini bisnis. Direksi secara aktif memantau           of Directors to the business lines. The Board of Directors
pelaksanaan strategi melalui peninjauan berkala,            actively monitors strategy implementation through regular
pemberian umpan balik, dan pengambilan keputusan            reviews, feedback provision, and decision-making aligned
yang sejalan dengan dinamika pasar dan peraturan yang       with market dynamics and applicable regulations. Through
berlaku. Melalui monitoring tersebut, capaian kinerja       this monitoring, the Company evaluates its performance
Perseroan dievaluasi dan ditentukan langkah-langkah         achievements and determines steps to address any issues.
yang perlu dilakukan oleh Perseroan untuk menindaklanjuti   As part of this monitoring process and in compliance
permasalahan yang dihadapi. Sebagai langkah monitoring      with Good Corporate Governance (GCG) principles, the
yang dilakukan dan pemenuhan prinsip GCG, Direksi           Board of Directors also periodically presents reports on
secara berkala juga menyampaikan laporan kegiatan           the Company’s activities to shareholders, the Board of
Perseroan kepada Pemegang Saham, Dewan Komisaris            Commissioners, and regulators.
maupun Regulator.

Perseroan sangat menyadari, di tengah kondisi ekonomi       The Company recognizes the importance of effective risk
yang diwarnai dengan ketidakpastian, aspek pengelolaan      management and internal control systems in an econom-
risiko dan sistem pengendalian internal menjadi hal yang    ically uncertain environment. Therefore, it continually
sangat penting. Karena itu, Perseroan berupaya untuk        strives to enhance the quality of its risk management
terus meningkatkan kualitas penerapan manajemen             and internal control systems implementation.
risiko dan sistem pengendalian internal.

Perbandingan Antara Hasil yang Dicapai Dengan               Comparison Between Achieved and Targeted Results
Yang Ditargetkan

Perseroan membuktikan berjalannya strategi dan arah         The Company has demonstrated successful execution of
bisnis yang direncanakan, sehingga investasi yang           planned business strategies and directions, resulting in
dilakukan khususnya pada infrastruktur dan penyertaan       beneficial investments, particularly in infrastructure and
pada beberapa blok minyak memberikan manfaat                participation (investment) in several oil blocks, leading
dengan pertumbuhan pendapatan yang kuat. Perseroan          to significant revenue growth. The Company remains
berkomitmen untuk terus meningkatkan nilai bagi para        committed to continuously increasing shareholder value
pemegang saham dan berkontribusi pada pertumbuhan           and contributing to national economic growth through the
ekonomi nasional melalui penyediaan energi yang andal       provision of reliable and sustainable energy.
dan berkelanjutan.

Rukun Raharja mampu mencetak laba bersih USD27,1 juta.      Rukun Raharja managed to achieve a net profit of USD27.1
Jumlah tersebut naik sebesar 150% jika dibandingkan         million. This figure increased by 150% compared to the
perolehan di tahun sebelumnya yang hanya mencapai           previous year’s earnings of only USD10.8 million, marking
USD10,8 juta. Laba ini tercatat sebagai pencapaian          the Company’s highest achievement in the past 10 years.
tertinggi Perseroan pada 10 tahun terakhir.




34                     Laporan Tahunan 2023                                                PT Rukun Raharja Tbk
Page 35
Adapun kinerja positif tersebut berhasil ditopang           The positive performance was supported by the Company’s
oleh pendapatan Perseroan yang mengalami lonjakan           impressive revenue surge of 61% yoy, reaching USD203.7
impresif sebesar 61% yoy atau mencapai USD203,7 juta        million, compared to the previous year’s USD126.7 million.
dibandingkan dengan tahun sebelumnya yang sebesar USD       The revenue increase mainly stemmed from the addition
126,7 juta. Kenaikan pendapatan ini terutama berasal dari   of new customers, resulting in increased sales of gas,
penambahan customer baru sehingga adanya kenaikan           increased flow volume in the Company’s pipelines, new
penjualan gas, dan kenaikan volume pengaliran pada          contributions from the Jabung Block, and increased rev-
pipa Perseroan, kontribusi baru dari Blok Jabung, serta     enue in the Operation and Maintenance (O&M) segment.
peningkatan pendapatan pada segmen Operation and
Maintenance (O&M).

Pada tahun 2023, Perseroan berhasil menyerap seluruh        In 2023, the Company successfully absorbed the entire
belanja modal atau Capital Expenditure (CapEx) sebesar      capital expenditure (CapEx) of USD 67,45 million. The
USD 67,45 juta. Penggunaan belanja modal ini secara         strategic allocation of this capital expenditure was for
strategis dialokasikan untuk investasi pada Blok Jabung,    investments in the Jabung Block, the completion of the
penyelesaian pembangunan Stasiun Induk CNG di Jawa          construction of the CNG Central Station in Central Java,
Tengah, serta pembangunan pipa untuk melayani customer      and the construction of pipelines to serve new customers
baru yang berlokasi di Siak, Provinsi Riau.                 located in Siak, Riau Province.

Kendala yang Dihadapi Perseroan                             Challenges Faced by the Company

Memasuki tahun 2023, perekonomian global masih              As we entered 2023, the global economy remained
dibayangi oleh berbagai risiko seperti ketegangan           clouded by various risks, including geopolitical tensions
geopolitik dan suku bunga yang relatif tinggi. Selama       and relatively high-interest rates. Throughout the year, our
tahun 2023, Perseroan menghadapai berbagai kendala          Company encountered numerous obstacles and challenges
dan tantangan dalam merealisasikan Rencana Bisinis          in realizing the objectives outlined in the 2023 Business
2023. Direksi melihat bahwa setiap Perusahaan memiliki      Plan. The Board of Directors acknowledges that every
kekuatan untuk menghadapi berbagai situasi serta iklim      company possesses the resilience to confront diverse
usaha. Kata kuncinya adalah bagaimana Perusahaan bisa       situations and business climates. The key lies in how the
melakukan adaptasi terhadap segala perubahan yang           Company can adapt to these changes effectively. In less
ada. Ketika Perusahaan dihadapkan pada situasi yang         favorable circumstances, it becomes imperative for all
kurang kondusif, yang perlu dijalankan Perseroan adalah     our human resources to maintain operational momentum,
bagaimana segenap SDM yang ada mampu menjaga ritme          uphold ongoing initiatives, and pioneer new business
bisnis yang ada, mempertahankan yang berjalan, serta        ventures capable of generating revenue for the Company.
membuka atau menciptakan inisiasi-inisiasi bisnis baru      To address these challenges, the Company has devised
yang mampu memberikan pendapatan bagi Perseroan.            strategies and initiatives aimed at fostering expansive
Perseroan telah mengatur strategi dan inisiatif guna        business development. This approach involves optimiz-
meningkatkan pengembangan bisnis yang ekspansif.            ing existing investment returns to ensure the long-term
Pengembangan ini dilakukan dengan cara mengoptimalkan       sustainability of our business endeavors.
hasil investasi yang sudah ada, sehingga bermanfaat bagi
keberlangsungan bisnis Perseroan dalam jangka panjang.

Prospek Usaha                                               Business Prospects

Lanskap energi sebagian besar masih dibentuk oleh           The energy landscape is significantly influenced by four
empat faktor pengganggu: faktor geopolitik, variabel        disruptive factors: geopolitical tensions, macroeconomic
makroekonomi seperti suku bunga tinggi dan kenaikan         variables such as high-interest rates and escalating raw
harga bahan baku, perubahan kebijakan dan peraturan,




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serta munculnya teknologi baru. Faktor pengganggu          material prices, policy and regulatory shifts, and the emer-
ini dapat mempunyai dampak yang signifikan terhadap        gence of new technologies. These disruptive elements can
permintaan dan pasokan, serta perdagangan dan investasi    profoundly impact demand, supply, trade, and investment
dalam industri minyak mentah dan gas alam (O&G).           in the crude oil and natural gas (O&G) industry.

Harga minyak diyakini akan meningkat seiring dengan        Expectations indicate a rise in oil prices due to declining
penurunan stok minyak global, produksi OPEC+ yang lebih    global oil stocks, reduced OPEC+ production, and sus-
rendah serta tingginya permintaan minyak. Keterbatasan     tained high oil demand. Forecasts suggest that supply
pasokan minyak diramalkan hanya akan sampai paruh          constraints will persist until the latter half of 2024.
ke dua 2024.

Hingga tahun 2050 mendatang, pemanfaatan energi fosil      Until 2050, the utilization of fossil energy from oil and
minyak dan gas bumi (migas) masih berperan penting         natural gas (O&G) will remain pivotal in securing the
dalam mengamankan pasokan energi nasional. Khususnya       national energy supply. Natural gas, particularly, serves
gas bumi yang digunakan sebagai energi transisi menuju     as a transitional energy source towards achieving net-
Net Zero Emission pada tahun 2060. Pemerintah terus        zero emissions by 2060. The government continues its
berupaya memaksimalkan pemanfaatan migas nasional.         efforts to maximize the utilization of domestic oil and
                                                           gas resources.



Sementara kebutuhan di 2024 akan diproyeksikan 8,05        In 2024, projected needs include the distribution of 8.05
juta metrik ton elpiji 3 Kg tersalurkan ke masyarakat.     million metric tons of 3 Kg LPG to the public, 17.57 million
17,57 juta KL Solar dan 0,49 juta minyak tanah. Termasuk   KL of Solar, and 0.49 million kerosene. This encompasses
di dalamnya menyukseskan pemerataan akses energi           efforts to ensure affordable energy access through the
terjangkau lewat program BBM Satu Harga di 100 lokasi      One-Price Fuel program in 100 locations and achieve the
serta peningkatan porsi gas domestik sebesar yang          targeted 68% increase in domestic gas allocation.
dipatok 68%.

Namun, kekuatan finansial yang berkelanjutan dari          Nevertheless, the sustainable financial robustness of
industri ini kemungkinan akan meningkatkan ekspektasi      this industry is likely to heighten expectations among
investor, regulator, dan pemangku kepentingan lainnya,     investors, regulators, and other stakeholders. These
yang mungkin mengantisipasi kemajuan lebih lanjut          parties may anticipate further advancements in emission
dalam pengurangan emisi, peningkatan investasi pada        reduction, increased investment in low-carbon energy,
energi rendah karbon, dan peningkatan keuntungan bagi      and augmented shareholder profits. In 2024, PT Rukun
pemegang saham. Pada tahun 2024, PT Rukun Raharja          Raharja Tbk. is poised to venture into two new business
Tbk. bersiap masuk dua lini bisnis baru, Energi Baru       lines, Renewable Energy (EBT), and Ammonia, both of
Terbarukan (EBT) dan Amonia. Dua lini bisnis memiliki      which hold promising fundamental prospects.
prospek fundamental bagus.

Penerapan Tata Kelola Perusahaan                           Corporate Governance Implementation

Perseroan terus berupaya untuk meningkatkan kualitas       The Company remains committed to continuously enhanc-
penerapan prinsip tata kelola perusahaan yang baik         ing the quality of implementing good corporate governance
(GCG) secara berkesinambungan. Secara berkala              (GCG) principles sustainably. It periodically reviews its




36                    Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 37
Perseroan me-review kebijakan internal Perseroan untuk    internal policies to ensure compliance with applicable
memastikan kesesuaiannya dengan peraturan perundang-      laws and regulations. Additionally, the Company consis-
undangan yang berlaku. Selain itu, Perseroan juga terus   tently improves the standards of GCG implementation
meningkatkan standar penerapan GCG dengan melakukan       by benchmarking against regulations and best practices.
benchmarking terhadap ketentuan dan best practices.

Penerapan prinsip-prinsip GCG dalam Perseroan             The implementation of GCG principles within the Company
diimplementasikan melalui komitmen terhadap penerapan     is realized through a commitment to sustainable good
tata kelola perusahaan yang baik secara berkelanjutan,    corporate governance practices, which prioritize the
pemenuhan kepentingan pemegang saham, tugas dan           interests of shareholders, the duties and responsibilities
tanggung jawab Dewan Komisaris dan Direksi serta          of the Board of Commissioners and Board of Directors,
pengungkapan informasi dan transparansi.                  and information disclosure and transparency.

Pada perangkat kebijakan, Direksi bersama-sama dengan     In terms of policy instruments, the Board of Directors and
Dewan Komisaris menyusun berbagai pedoman dan             the Board of Commissioners develop various guidelines
kebijakan yang dapat memberikan batasan tanggung          and policies that set boundaries for the responsibilities
jawab pada setiap organ Perseroan. Batasan ini menjadi    of each organ of the Company. These boundaries are
penting agar pola hubungan antar organ dapat terjalin     essential to ensure harmonious relationships between
dengan harmonis, dan mampu mendukung pencapaian           organs and to support the achievement of the established
visi dan misi yang telah ditetapkan.                      vision and mission.

Perseroan senantiasa menerapkan prinsip keterbukaan       The Company consistently applies the principle of pro-
informasi yang dibutuhkan bagi para pemangku              viding necessary information to stakeholders. Company
kepentingan. Informasi Perseroan dapat diakses melalui    information is accessible through the Company’s website
situs web Perseroan, situs web Bursa Efek, maupun         and the Stock Exchange website, as well as through
laporan-laporan yang diterbitkan secara berkala, baik     periodically published reports, including annual reports
Laporan Tahunan, maupun laporan dari media komunikasi     and reports from other communication media.
lainnya.

Perubahan Komposisi Direksi                               Changes in the Board of Directors Composition

Pada tahun 2023, terdapat perubahan komposisi Direksi.    In 2023, there were changes in the composition of the Board
Susunan Direksi PT Rukun Raharja Tbk sepanjang tahun      of Directors. The composition of the Board of Directors of
2023 adalah sebagai berikut:                              PT Rukun Raharja Tbk throughout 2023 was as follows:

1 Januari 2023-29 Mei 2023                                January 1, 2023 - May 29, 2023


Djauhar Maulidi              : Direktur Utama              Djauhar Maulidi              : President Director

M. Oka Lesmana Firdauzi      : Direktur Keuangan dan       M. Oka Lesmana Firdauzi      : Finance and Business
                               Business Support                                           Support Director
Sumantri                     : Direktur Pengembangan       Sumantri                     : Business Development
                               Usaha                                                      Director

29 Mei 2023-31 Desember 2023                              May 29, 2023 - December 31, 2023


Djauhar Maulidi              : Direktur Utama              Djauhar Maulidi              : President Director




PT Rukun Raharja Tbk                                                   Annual Report 2023                        37
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                   LAPORAN MANAJEMEN
                   MANAGEMENT REPORT




 M. Oka Lesmana Firdauzi      : Direktur Keuangan dan         M. Oka Lesmana Firdauzi     : Finance and Business
                                Business Support                                            Support Director
 Sumantri                     : Direktur Pengembangan         Sumantri                    : Business Development
                                Usaha                                                       Director
 Ogi Rulino                   : Direktur Investasi dan        Ogi Rulino                  : Investment and Risk
                                Manajemen Risiko                                            Management Director

Apresiasi                                                    Appreciation

Direksi menyampaikan rasa hormat dan terima kasih kepada     The Board of Directors extends its sincere appreciation
banyak pihak yang telah menjalin kerja sama yang begitu      to all parties who have collaborated effectively, partic-
baik, khususnya di tengah kondisi penuh tantangan. Kepada    ularly amidst challenging circumstances. We express
Dewan Komisaris, Direksi menyampaikan terima kasih           our gratitude to the Board of Commissioners for their
atas arahan dan kemitraan strategis dalam pengelolaan        guidance and strategic partnership in managing the
operasi dan bisnis Perseroan. Direksi memberikan apresiasi   Company’s operations and business. Our heartfelt thanks
kepada seluruh karyawan yang telah bekerja dengan            go out to all employees for their dedicated efforts. We
penuh dedikasi tinggi. Direksi juga mengucapkan terima       also acknowledge the trust placed in us by shareholders
kasih kepada pemegang saham dan seluruh investor atas        and investors. Furthermore, we appreciate the coopera-
kepercayaan yang telah diberikan. Demikian pula kepada       tion of regulators, customers, suppliers, and business
regulator, pelanggan, pemasok, dan mitra usaha, Direksi      partners. With confidence, we believe that the Company
mengucapkan terima kasih atas kerja sama yang telah          can overcome various challenges and achieve positive
tercipta. Kami optimis, Perseroan dapat terus melaju         and sustainable outcomes.
menghadapi berbagai tantangan demi hasil yang positif
dan berkelanjutan.




                                    Atas Nama Direksi PT Rukun Raharja Tbk
                                               Jakarta, 30 April 2024
                            On Behalf of the Board of Directors of PT Rukun Raharja Tbk
                                               Jakarta, 30 April 2024




                                                DJAUHAR MAULIDI
                                                  Direktur Utama
                                                  President Director




38                     Laporan Tahunan 2023                                                PT Rukun Raharja Tbk
Page 39
SUR AT PE RNYATA AN ANGGO TA DE WAN                       STATEMENT OF THE MEMBERS OF THE BOARD OF
KOMISARIS DAN ANGGOTA DIREKSI TENTANG                     COMMISSIONERS AND THE BOARD OF DIRECTORS
TANGGUNG JAWAB ATAS LAPORAN TAHUNAN                       REGARDING THE RESPONSIBILITY FOR THE 2023
2023 PT RUKUN RAHARJA TBK                                 ANNUAL REPORT OF PT RUKUN RAHARJA TBK

Kami, yang bertanda tangan di bawah ini, menyatakan       We, the undersigned, hereby affirm that all information
bahwa semua informasi dalam Laporan Tahunan PT Rukun      contained in the 2023 Annual Report of PT Rukun Raharja
Raharja Tbk tahun 2023 telah dimuat secara lengkap dan    Tbk has been presented in its entirety. We assume full
bertanggung jawab penuh atas kebenaran isi Laporan        responsibility for the accuracy of the contents of the
Tahunan Perseroan.                                        Company’s Annual Report.

Demikian pernyataan ini dibuat dengan sebenarnya.         This statement is made truthfully and in good faith.




                                             Jakarta, 30 April 2024
                                             Jakarta, April 30, 2024



             DEWAN KOMISARIS                                                    DIREKSI
               Board of Commissioners                                        Board of Directors




                  RUDIANTARA                                               DJAUHAR MAULIDI
                 Komisaris Utama                                             Direktur Utama
               President Commissioner                                        President Director




              M. ARSJAD RASJID PM                                   M. OKA LESMANA FIRDAUZI
                   Komisaris                                   Direktur Keuangan dan Business Support
                    Commissioner                                   Finance and Business Support Director




PT Rukun Raharja Tbk                                                   Annual Report 2023                        39
Page 40
        LAPORAN MANAJEMEN
        MANAGEMENT REPORT




       RACHMAT GOBEL                             SUMANTRI
      Komisaris Independen             Direktur Pengembangan Usaha
     Independent Commissioner            Business Development Director




     ORIAS PETRUS MOEDAK                         OGI RULINO
      Komisaris Independen         Direktur Investasi dan Manajemen Risiko
     Independent Commissioner       Investment and Risk Management Director




      D. ANDHI NIRWANTO
      Komisaris Independen
     Independent Commissioner




40          Laporan Tahunan 2023                         PT Rukun Raharja Tbk
Page 41

          
Page 42
     03
     PROFIL
PERUSAHAAN
  COMPANY PROFILE
Page 43
                              PROFIL PERUSAHAAN
                              COMPANY PROFILE




INFORMASI PERUSAHAAN
COMPANY INFORMATION




Nama Perusahaan
                                    PT Rukun Raharja Tbk
Company Name

Nama Singkat
                                    Rukun Raharja
Short Name

Kode Saham
                                    RAJA
Stock Code

Status Perusahaan                   Perusahaan Terbuka
Company Status                      Public Company

Alamat Kantor                       Office Park Thamrin Residences Blok A 01-05
Office Address                      Jl. Thamrin Boulevard Kel. Kebon Melati, Kec. Tanah Abang Jakarta Pusat, 10230

Domisili Usaha
                                    Jakarta Pusat, Indonesia
Business Domicile

Telepon
                                    (+6221) 2929 1053
Telephone

Faxsimili
                                    (+6221) 2357 9803
Faxsimile

Surel
                                    corsec@raja.co.id
E-mail

Situs Web
                                    www.raja.co.id
Website

Bidang Usaha                        Perusahaan holding dan aktivitas konsultasi manajemen lainnya.
Line of Business                    Holding company and other management consulting activities.

Tanggal Berdiri                     24 Desember 1993
Establishment Date                  December 24, 1993


                                    Akta Pendirian No. 290 oleh Notaris Ir. Rusli, S.H yang disahkan melalui Surat Keputusan Menteri
Dasar Hukum Pendirian Usaha
                                    Kehakiman Republik Indonesia No. C2.12743. HT.01.01-Th 94 tanggal 23 Agustus 1994.
Legal Basis of Business
                                    Deed of Establishment No. 290 by Notary Ir. Rusli, S.H. which was ratified through the Decree of the
Establishment
                                    Minister of Justice of the Republic of Indonesia No. C2.12743. HT.01.01-Th 94 dated August 23, 1994.




43                     Laporan Tahunan 2023                                                              PT Rukun Raharja Tbk
Page 44
                                   Akta No. 41 tanggal 30 September 2020 yang dibuat oleh Rini Yulianti, S.H mengenai perubahan An-
                                   ggaran Dasar terkait dengan penyesuaian kode kegiatan usaha Perseroan berdasarkan Klasifikasi
                                   Baku Lapangan Usaha Indonesia (KBLI 2017) serta penyesuaian Anggaran Dasar Perseroan dengan
                                   Peraturan Otoritas Jasa Keuangan Republik Indonesia No. 15/POJK.04/2020 tentang Rencana dan
                                   Penyelenggaraan Rapat Umum Pemegang Saham Perusahaan Terbuka. Perubahan ini telah diberi-
                                   tahukan kepada Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Surat
                                   Penerimaan Pemberitahuan Perubahan Anggaran Dasar No. AHU-AH.01.03-0395002 tanggal 6 Ok-
Akta Perubahan Terakhir            tober 2020.
Last Amendment Deed                Deed No. 41, dated September 30, 2020, made by Rini Yulianti, S.H concerning the amendments to the
                                   Articles of Association related to the adjustment of the Company’s business activity code based on the
                                   Indonesian Standard Industrial Classification (KBLI 2017) and the adjustment of the Company’s Articles
                                   of Association according to the Regulation of the Financial Services Authority of the Republic of Indo-
                                   nesia No. 15/POJK.04/2020 concerning the Plan and Implementation of the General Meeting of Share-
                                   holders of Public Companies. This amendment has been notified to the Ministry of Justice and Human
                                   Rights of the Republic of Indonesia based on the Acceptance Letter for the Notification of Amendment
                                   to the Articles of Association No. AHU-AH.01.03-0395002 dated October 6, 2020.

Modal Dasar
                                   Rp271.805.500.000
Authorized Capital

Modal Ditempatkan dan Disetor
Penuh                              Rp105.677.062.500
Issued and Fully Paid-Up Capital

NPWP
                                   01.581.976.6-054.000
Tax Identification Number (NPWP)

                                   Wilayah operasional Perseroan dan Entitas Anak tersebar di 7 provinsi di Indonesia, yaitu Riau, Jambi,
Data Jaringan Kantor               Banten, Jawa Barat, Jawa Tengah, dan Jawa Timur.
Office Network Data                The operational areas of the Company and Subsidiaries are spread across 7 provinces in Indonesia,
                                   namely Riau, Jambi, Banten, West Java, Central Java and East Java.

Jumlah Karyawan 2023               563
Number of Employees in 2023        563

Pencatatan Saham                    22 Januari 2003 (Bursa Efek Surabaya)
Share Listing                      January 22, 2003 (Surabaya Stock Exchange)

                                   Hapsoro: 28,52%
Pemegang Saham                     PT Sentosa Bersama Mitra: 33,95%
Shareholders                       Masyarakat/ Public: 37,53%




PT Rukun Raharja Tbk                                                                Annual Report 2023                                 44
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                              PROFIL PERUSAHAAN
                              COMPANY PROFILE




PERUBAHAN NAMA PERSEROAN
CHANGE OF COMPANY NAME

Hingga akhir 2023, Perseroan belum melakukan peru-              As of the end of 2023, the Company has not changed
bahan nama.                                                     its name yet.




SEKILAS PERUSAHAAN
COMPANY OVERVIEW

PT Rukun Raharja Tbk yang kini dikenal sebagai                  PT Rukun Raharja Tbk, now known as an integrated
perusahaan penyedia energi terintegrasi dari hulu               energy provider company from upstream to downstream,
ke hilir berdiri pada 24 Desember 1993. Perjalanan              was established on December 24, 1993. The Company’s
Perseroan bermula dari bisnis properti (real estate). Seiring   journey began in the real estate business. As the business
perkembangan usaha, pada 22 Januari 2003, Rukun                 developed, on January 22, 2003, Rukun Raharja became
Raharja resmi terdaftar sebagai Perusahaan Terbuka              officially listed as a Public Company through stock listing
melalui pencatatan saham di Bursa Efek Surabaya (kini           on the Surabaya Stock Exchange (now the Indonesia
menjadi Bursa Efek Indonesia) dengan kode saham RAJA.           Stock Exchange) with the ticker code RAJA.

Pada tahun 2010, Perseroan mulai terjun ke sektor energi,       In 2010, the Company ventured into the energy sector,
berfokus pada perdagangan gas, transportasi gas, dan            focusing on gas trading, gas transportation, and gas
pengelolaan fasilitas gas. Seiring perjalanannya Perseroan      facility management. Throughout its journey, the Company
terus mengembangkan bisnisnya, dengan dorongan dari             continued to develop its business, driven by collaboration
kolaborasi dan inovasi, Perseroan berkembang menjadi            and innovation, becoming the largest private integrated
penyedia energi terintegrasi swasta terbesar di Indonesia.      energy provider in Indonesia.

Saat ini Perseroan menjadi Perusahaan dengan keahlian           Currently, the Company specializes in Gas Infrastructure
yang meliputi Infrastruktur dan Utilitas Gas, Perdagangan       and Utilities, Gas Trading, Power Generation, Upstream
Gas, Pembangkit Listrik, Investasi Hulu, serta Jasa Minyak      Investment, and Oil and Gas Services. With a strong
dan Gas. Dengan komitmen yang kuat untuk berkontribusi          commitment to contributing to the government’s objec-
dalam tujuan Pemerintah dalam pencapaian Nett Zero              tive of achieving Net Zero Carbon 2060, in line with the
2060, sejalan dengan Konvensi Paris terkait ESG, Perseroan      Paris Convention on ESG, the Company is strengthening
tengah mengukuhkan fondasinya untuk turut serta juga            its foundation to participate in the provision of New
dalam rencana penyediaan Energi Baru Terbarukan (EBT).          Renewable Energy (EBT).

Tujuan utama Perseroan bukan hanya pencapaian financial,        The main objective of the Company is not only financial
tetapi juga menyediakan energi bersih dan terjangkau            achievement but also to provide clean and affordable
bagi masyarakat, mendukung pertumbuhan berkelanjutan,           energy to the public, support sustainable growth, and
dan berkontribusi pada pembangunan bangsa Indonesia.            contribute to the nation’s development. With this deter-
Dengan tekad tersebut, Rukun Raharja aktif membentuk            mination, Rukun Raharja actively shapes a bright and
masa depan yang cerah dan berkelanjutan bagi generasi           sustainable future for future generations.
yang akan datang.




45                      Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 46
PT Rukun Raharja Tbk   Annual Report 2023   46
Page 47
                           PROFIL PERUSAHAAN
                           COMPANY PROFILE




JEJAK LANGKAH
MILESTONES



 1993                                                   2003
 Didirikan dengan nama Rukun Raharja di Jakarta dan     Pelaksanaan Penawaran Umum Saham Perdana
 bergerak di bidang usaha perumahan.                    yang tercatat di Bursa Efek Surabaya (saat ini
                                                        Bursa Efek Indonesia) dengan kode saham: RAJA.

 Established under the name Rukun Raharja in Jakarta    Implementation of the Initial Public Offering, listed
 and engaged in the housing business.                   on the Surabaya Stock Exchange (now the Indonesia
                                                        Stock Exchange) with the stock code RAJA.




 2018                                                   2017
 •   Akuisisi atas 100% kepemilikan saham               Pembelian saham PT Panji Raya Alamindo, Entitas
     PT Raharja Energi Cepu (Blok Cepu); dan            Anak Perseroan, oleh TG&D Singapore Investment
 •   Penambahan modal sebanyak 150.000.000              Holdings Pte Ltd sebesar 33%.
     lembar saham melalui mekanisme Penambahan
     Modal Tanpa Hak Memesan Efek Terlebih Dahulu.      Purchase of PT Panji Raya Alamindo shares, a
                                                        subsidiary of the Company, by TG&D Singapore
 •   Acquisition of 100% ownership of PT Raharja        Investment Holdings Pte Ltd for 33%..
     Energi Cepu (Cepu Block) shares and
 •   Capital increase by 150,000,000 shares through
     the Capital Increase without Preemptive Rights
     mechanism

                                                        2021
                                                        •   Melalui PT Energasindo Heksa Karya, Perseroan
 2020                                                       mengakuisisi 100% kepemilikan saham PT
                                                            Majuko Utama Indonesia, perusahaan yang
                                                            memiliki jaringan pipa di Banten, serta
 •   Melalui PT Triguna Internusa Pratama, Perseroan
                                                            mengakuisisi 80% kepemilikan saham PT Artha
     mengakuisisi 100% kepemilikan saham PT Bravo
                                                            Prima Energy, perusahaan yang bergerak di
     Delta Persada, perusahaan yang bergerak di
                                                            bisnis CNG di Jawa Tengah dan Jawa Barat; dan
     bidang sistem penyediaan air minum (SPAM);
                                                        •   Melalui PT Petrotech Penta Nusa, Perseroan
     Melalui PT Triguna Internusa Pratama, Perseroan
                                                            mengakuisisi 65% saham PT Artifisial
     mengakuisisi 85% kepemilikan saham PT Heksa
                                                            Teknologi Persada, perusahaan penyedia jasa
     Energi Mitraniaga; dan
                                                            di bidang minyak dan gas. Perseroan kemudian
 •   Akuisisi 100% kepemilikan saham PT Petrotech
                                                            menambah posisi kepemilikan menjadi 85%
     Penta Nusa.
                                                            di tahun 2022.

 •   Through PT Triguna Internusa Pratama, the          •   Through PT Energasindo Heksa Karya, the
     Company acquired 100% ownership of PT Bravo            Company acquired 100% ownership of PT
     Delta Persada shares, a company engaged in the         Majuko Utama Indonesia shares, a company that
     drinking water supply system (SPAM);                   owns pipelines in Banten, and acquired 80%
 •   Through PT Triguna Internusa Pratama, the              ownership of PT Artha Prima Energy shares,
     Company acquired 85% ownership of PT Heksa             a company engaged in the CNG business in
     Energi Mitraniaga shares and Acquisition of 100%       Central Java and West Java; and
     ownership of PT Petrotech Penta Nusa shares        •   Through PT Petrotech Penta Nusa, the Company
                                                            acquired 65% of PT Artifisial Teknologi Persada
                                                            shares, a company providing services in the oil
                                                            and gas sector. The Company then increased
                                                            its ownership position to 85% in 2022.




47                   Laporan Tahunan 2023                                            PT Rukun Raharja Tbk
Page 48
                                                          2010
                                                          Akuisisi PT Panji Raya Alamindo, PT Triguna
                                                          Internusa Pratama, dan PT Energasindo Heksa
                                                          Karya yang menjadikan Perseroan mengubah
                                                          bidang usaha menjadi sektor energi melalui segmen
                                                          usaha perdagangan gas jasa transportasi gas dan
                                                          pengelolaan, serta pemeliharaan infrastruktur gas.

                                                          The acquisition of PT Panji Raya Alamindo, PT
                                                          Triguna Internusa Pratama, and PT Energasindo
                                                          Heksa Karya transformed the Company’s business
                                                          field into the energy sector through gas trading,
                                                          gas transportation services, and gas infrastructure
                                                          management and maintenance.
  2016
  Perubahan nilai nominal saham (stock split) dari
  Rp100,- per saham menjadi Rp25,- per saham.

  Change in the nominal value of shares (stock split)
  from Rp100 per share to Rp25 per share.




  2022                                                    2023
  •   Pengaliran pertama minyak di Blok Rokan             •   Perseroan mulai melakukan ekplorasi pada
      dengan menggunakan pipa baru yang                       Blok Jabung Tengah.
      dibangun pada tahun 2021 yang merupakan             •   Pengoperasian stasiun induk CNG di Kabupaten
      KSO Perseroan dengan Pertagas. Pengaliran               Grobogan Jawa Tengah.
      pertama ini dilaksanakan pada tanggal 3             •   Pengambilalihan Hak Partisipasi sebesar 8%
      Februari 2022.                                          di Blok Jabung.
  •   Pendirian PT Banggai Ammonia Indonesia              •   Pengaliran pertama pipa milik Perseroan di
      pada tanggal 11 Oktober 2022, Perusahaan                Riau yang akan di alirkan ke IKPP.
      ini merupakan Perusahaan patungan antara
      Perseroan dengan PT Gavi Sejahtera Nusantara.
                                                          •   The Company began exploration in the Jabung
      Pendirian Perusahaan ini merupakan langkah
                                                              Tengah Block.
      awal Perseroan dalam memasuki industri
                                                          •   Operation of the CNG Main Station in Grobogan
      bisnis Petrokimia.
                                                              Regency, Central Java.
                                                          •   Acquisition of an 8% Participation Right in
  •   The first oil flow in the Rokan Block using a           the Jabung Block.
      new pipeline was built in 2021, a Joint Operation   •   The first flow of the Company’s pipelines in
      (KSO) between the Company and Pertagas. This            Riau to be directed to IKPP.
      first flow was conducted on February 3, 2022.

  •   Establishment of PT Banggai Ammonia
      Indonesia on October 11, 2022. This company
      was a Joint Venture between the Company and
      PT Gavi Sejahtera Nusantara. The establishment
      of this company marked the Company’s initial
      step into the Petrochemical business industry.




PT Rukun Raharja Tbk                                               Annual Report 2023                           48
Page 49
                   PROFIL PERUSAHAAN
                   COMPANY PROFILE




VISI, MISI DAN NILAI PERUSAHAAN
VISION, MISSION, AND CORPORATE VALUES



     VISI
     VISION
                                       “Menjadi perusahaan investasi
                                       yang disegani dalam pengadaan
                                       energi bersih bagi kepentingan
                                       bangsa dan masyarakat.”
                                       “To become a respected investment company that provides
                                       clean energy for the nation’s and society’s interests.”




     MISI
                                       “Menciptakan usaha investasi yang kreatif, bijaksana,
                                       dan berbudi dalam pengadaan energi yang bersih dan
                                       menjalankan usaha tersebut secara inovatif, serta
     MISSION                           mengembangkan prasarana untuk meningkatkan
                                       kualitas kehidupan manusia.”
                                       “To create an investment enterprise that is creative, wise, and
                                       benevolent in providing clean energy, to operate it innovatively,
                                       and to develop infrastructure to enhance human life quality.”




NILAI
PERUSAHAAN
CORPORATE VALUES




                                            CREATIVITY                         RESPECTABILITY




      EXCELLENCE                          ADAPTABILITY                            TEAMWORK




49            Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 50
KEGIATAN USAHA
BUSINESS ACTIVITY

Kegiatan usaha Perseroan berdasarkan Pasal 3 Anggaran       The Company’s business activities, as stated in Article 3
Dasar, yakni aktivitas perusahaan holding dan aktivitas     of the Articles of Association, include holding company
konsultasi manajemen lainnya. Di samping itu, melalui       activities and other management consulting activities.
Entitas Anak, Perseroan bergerak dalam bidang penye-        Additionally, through its subsidiaries, the Company
dia energi terintegrasi dari hulu sampai hilir. Maka dari   operates in the integrated energy provision sector from
itu, ruang lingkup kegiatan usaha Perseroan terdiri dari:   upstream to downstream. Therefore, the scope of the
                                                            Company’s business activities consists of:




 1                                                                                                            2
    Menjalankan usaha di bidang pertambangan                    Menjalankan usaha di bidang jasa atau pelayanan
    yang meliputi pendistribusian gas dan Bahan                 yang meliputi jasa-jasa penunjang pertambangan
    Bakar Minyak (BBM), penyimpanan gas dan                     minyak dan gas bumi, pembangkitan tenaga
    pengembangan BBM, serta perdagangan                         listrik, distribusi tenaga listrik, kontruksi
    kapasitas pipa transmisi gas dan BBM; serta                 bangunan pengolahan dan distribusi air minum.

    Operating in the mining sector, including gas               Operating in the services sector, including support
    and fuel oil (BBM) distribution, gas storage, fuel          services for oil and gas mining, power generation,
    oil development, as well as capacity trading                electricity distribution, and construction of
    for gas and fuel oil transmission pipelines, and            drinking water processing and distribution
                                                                buildings.




PT Rukun Raharja Tbk                                                    Annual Report 2023                            50
Page 51
                          PROFIL PERUSAHAAN
                          COMPANY PROFILE




PRODUK DAN JASA
PRODUCTS AND SERVICES

Produk dan jasa yang dihasilkan Perseroan dan Entitas   Products and services produced by the Company and its
Anak, yaitu:                                            Subsidiaries are:




51                   Laporan Tahunan 2023                                           PT Rukun Raharja Tbk
Page 52
                  Jasa Penyaluran Minyak         •   PT Rukun Raharja Tbk
                  Kerja Sama Operasi
                  Join Operation Oil Toll
                  Services

                  Industri Hulu                  •   PT Raharja Energi Cepu
                  Upstream Industry              •   PT Raharja Energi Sentosa
                                                 •   PT Raharja Energi Tanjung Jabung
                                                 •   PT Petrogas Jatim Utama Cendana


                  Infrastruktur dan Utilitas     •   PT Triguna Internusa Pratama
                  Infrastructure and Utilities   •   PT Trimitra Cipta Mandiri
                                                 •   PT Bravo Delta Persada

                  Usaha Penunjang Kegiatan       •   PT Petrotech Penta Nusa
                  Minyak & Gas                   •   PT Artifisial Teknologi Persada
                  Oil and Gas Activity
                  Supporting Businesses

                  Terminal dan Penyimpanan       •   PT Heksa Energi Mitraniaga
                  Minyak & Gas
                  Oil and Gas Terminal and
                  Storage

                  Distribusi dan Perdagangan     •   PT Energasindo Heksa Karya
                  Gas                            •   PT Majuko Utama Indonesia
                  Gas Distribution and           •   PT Artha Prima Energy
                  Trading                        •   PT Panji Raya Alamindo
                                                 •   PT Prima Energi Raharja

                  Pembangkit Listrik             •   PT Raharja Daya Energi
                  Power Plan                     •   PT Adidaya Bismawisesa Internasional


                  Petrokimia                     •   PT Banggai Ammonia Indonesia
                  Petrochemicals




PT Rukun Raharja Tbk                                                  Annual Report 2023    52
Page 53
                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




PETA WILAYAH KERJA/ WILAYAH OPERASIONAL
MAP OF WORKING/OPERATIONAL AREAS

Hingga akhir tahun 2023, wilayah operasional Perseroan
dan Entitas Anak tersebar di 7 provinsi di Indonesia,                   Compressed                        Sistem Penyediaan
yaitu Riau, Jambi, Banten, Jawa Barat, Jawa Tengah, dan                 Natural Gas (CNG)                 AirMinum (SPAM)
                                                                        Compressed Natural                Drinking Water Supply
Jawa Timur.
                                                                        Gas (CNG)                         System (SPAM)

                                                                                    Kapasitas CNG                       Kapasitas SPAM
Until the end of 2023, the operational areas of the Company                          CNG Capacity                        SPAM Capacity

and its subsidiaries are spread across 7 provinces in
Indonesia, namely Riau, Jambi, Banten, West Java, Central                                        4                             50
Java, and East Java.                                                                     MMSCFD                                  LPS




   LPG Facility Terminal              Infrastruktur Gas                                                  Infrastruktur Minyak
   LPG Facility Terminal              Gas Infrastructure                                                 Oil Infrastructure



           Kapasitas Storage                          Kapasitas Kompresor Gas               Pipa Gas              Pipa Minyak Rokan
            Storage Capacity                          Gas Compressor Capacity            Gas Pipeline                  Rokan Oil Pipe
                                       GAS                                                                  OIL



              1.000                                                   60                 246                                360
                   Mt/Day                                        MMSCFD                         Km                            M/Day




                                    Perdagangan Gas                                                      Investasi Hulu Migas
                                    Gas Trading                                                          Upstream Oil And
                                                                                                         Gas Investment




                                                                  Alokasi Gas      Transportasi Gas      Tanjung           Cepu Block
                                                                Gas Allocation        Gas Transport      Jabung Block


                                                                      50                      72          52k 155k
                                                                 MMSCFD                  MMSCFD             BOPD              BOPD




      Sumatera                                                                   Jawa
      Sumatera                                                                   Java

                 Rokan
                 Riau                                  1                           GAS
                                                                                             Cilegon
                                                                                             Banten                                3
                 Seigelam
                 Jambi                                2                                      Cilegon
                                                                                             Banten                                3
                 Purwodadi
                 Jambi                                2                                      Bitung
                                                                                             Banten                                3
                 Payo Selincah
                 Jambi                                2                                      Tegalgede
                                                                                             Jawa Barat/ West Java                 4


53                         Laporan Tahunan 2023                                                         PT Rukun Raharja Tbk
Page 54
                                           1




                                                              2




                                                                                 3       4
                                                                                             6
                                                                                     5
                                                                                                                     7
                                                                                                                             8


   Keterangan
   Information

         Compressed                                               1.   MMSCFD    : Million Standard Cubic Feet per Day
         Natural Gas (CNG)             Infrastruktur Minyak
         Compressed Natural            Oil Infrastructure
                                 OIL
         Gas (CNG)

         Sistem Penyediaan
         Compressed
                                       Investasi Hulu Migas
                                                                  2.   LPS       : Liter per Second
         AirMinum  (SPAM)
         Natural Gas (CNG)
                                       Upstream Oil And
         Drinking Water
         Compressed     Supply
                      Natural
                                       Gas Investment
         System  (SPAM)
         Gas (CNG)
                                                                  3.   MT/Hari   : Metric Ton/Day
         LPG Facility Terminal         Perdagangan Gas
         LPG Facility Terminal         Gas Trading

                                                                  4.   Km        : Kilometer
         Infrastruktur Gas
         Gas Infrastructure
   GAS

                                                                  5.   MT/Hari   : Barrel Oil per Day




                 Bekasi
                 Jawa Barat/ West Java                                 4                         Rembang
                                                                                                 Jawa Tengah/ Central Java       7
                 Cibitung
                 Jawa Barat/ West Java                                 4                         Gresik
                                                                                                 Jawa Timur/ East Java           8
                 Bogor
                 Jawa Barat/ West Java                                 5                         Blok Cepu
                                                                                                 Jawa Timur/ East Java           8
                 Cijanggel
                 Jawa Barat/ West Java                                 6


PT Rukun Raharja Tbk                                                                                    Annual Report 2023           54
Page 55
                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




STUKTUR ORGANISASI
ORGANIZATIONAL STRUCTURE


                                                Rapat Umum Pemegang Saham
                                                General Meeting of Shareholders



                                   Dewan Komisaris
                                   Board of Commissioners

                                   Rudiantara		 :                       President Commissioner
                                   M. Arsjad Rasjid PM :                          Commissioner
                                   Rachmat Gobel		     :             Independent Commissioner
                                   Orias Petrus Moedak :             Independent Commissioner
                                   D. Andhi Nirwanto   :             Independent Commissioner



     Komite Nominasi, Remunerasi dan GCG                                   Komite Audit
     Nomination, Remuneration and GCG Committee                            Audit Committee

     Rachmat Gobel		               :               Head                    Rachmat Gobel		           :               Head
     M. Arsjad Rasjid PM           :             Member                    Budi Taufik Wibawa        :             Member
     Riza Ichsan Fahriza           :             Member                    Aryo Wibisono		           :             Member




                                                         Djauhar Maulidi
                                                        President Director




                                                                           Yuni Pattinasarani
                                          Ridwan Samhuri                    Corporate Secretary
                                           Internal Audit                           &
                                                                              Communication
                                              Manager
                                                                                 Manager



                                          M. Rasyid Rieza                  Aldila Ayudya Putri
                                          Legal Assistant                  Investor Relations
                                             Manager                            Manager




           Sumantri                                  M. Oka Lesmana Firdauzi                                  Ogi Rulino
     Business Development                          Finance & Business Support                             Investment & Risk
           Director                                          Director                                    Management Director




    Vacant            Triyono              Bagus            Alen Galfani          Manggara          Vacant           Vacant
   Business         Accounting &         Pinandityo           Human                Triantoro      Investment          Risk
 Development        Tax Manager           Finance            Resources           General Affair    Manager         Management
   Manager                                Manager             Manager            Ast. Manager                       Manager




55                     Laporan Tahunan 2023                                                          PT Rukun Raharja Tbk
Page 56
KEANGGOTAAN ORGANISASI
MEMBERSHIP IN ASSOCIATIONS


Nama Asosiasi                                        Skala      Posisi Perseroan
Association Name                                     Scale      Company Position

Indonesia Natural Gas Trader Association (INGTA)     Nasional   Anggota (Keanggotaan melalui PT Energasindo Heksa Karya)
Indonesia Natural Gas Trader Association (INGTA)     National   Member (Membership through PT Energasindo Heksa Karya)

Kamar Dagang dan Industri Indonesia (KADIN)          Nasional   Anggota (Keanggotaan melalui PT Triguna Internusa Pratama)
Indonesia Chamber of Commerce and Industry (KADIN)   National   Member (Membership through PT Triguna Internusa Pratama)

Lembaga Pengembangan Jasa Konstruksi (LPJK)          Nasional   Anggota (Keanggotaan melalui PT Triguna Internusa Pratama)
Construction Services Development Agency (LPJK)      National   Member (Membership through PT Triguna Internusa Pratama)




PT Rukun Raharja Tbk                                                       Annual Report 2023                              56
Page 57

          
Page 58

          
Page 59
                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




PROFIL DIREKSI
BOARD OF DIRECTORS PROFILE




                                                                 Djauhar Maulidi
                                                                 Direktur Utama
                                                                 President Director

                                                                 Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
                                                                 di Banjarmasin, pada tanggal 4 Juni 1969. Saat ini berusia 54
                                                                 tahun.

                                                                 He is an Indonesian Citizen domiciled in Jakarta. He was born
                                                                 in Banjarmasin on June 4, 1969, and is currently 54 years old.




                                                                                  •     Deed of Minutes of the Annual General Meeting of
                         •     Akta Berita Acara RUPS Tahunan No. 12 tanggal
                                                                                        Shareholders No. 12 dated May 17, 2017 (Period 1).
                               17 Mei 2017 (Periode 1).
                                                                                  •     Deed of Minutes of the Annual General Meeting of
Dasar Penunjukan         •     Akta Berita Acara RUPS Tahunan No. 13 tanggal
                                                                                        Shareholders No. 13 dated June 8, 2020 (Period 2).
Basis of Appointment           8 Juni 2020 (Periode 2).
                                                                                  •     Deed of Minutes of the Extraordinary General
                         •     Akta Berita Acara RUPS Luar Biasa No. 70
                                                                                        Meeting of Shareholders No. 70 dated May 29,
                               tanggal 29 Mei 2023 (Periode 3).
                                                                                        2023 (Period 3).

                         •     MBA di bidang Energi dari Sekolah Bisnis           •     MBA in Energy from the School of Business
                               Manajemen, Institut Teknologi Bandung, Jawa              Management, Institut Teknologi Bandung, West
Pendidikan                     Barat pada tahun 2010.                                   Java in 2010.
Education                •     Sarjana Ekonomi di bidang International Trade      •     Bachelor of Economics majoring in International
                               and Economics dari Universitas Padjajaran,               Trade and Economics from Padjajaran University,
                               Bandung, Jawa Barat pada tahun 1993.                     Bandung, West Java in 1993.

                         •     Komisaris PT Raharja Energi Cepu (2018 - 2019).    •     Commissioner at PT Raharja Energi Cepu (2018
                         •     Direktur Finance & Administration di PT Rukun            - 2019).
                               Raharja Tbk (2011-2017).                           •     Finance & Administration Director at PT Rukun
                         •     Presiden Direktur PT Triguna Internusa Pratama           Raharja Tbk (2011-2017).
                               (2010 - 2017).                                     •     President Director at PT Triguna Internusa
Pengalaman Kerja         •     Presiden Direktur PT Toha Sittah Salam (2009-            Pratama (2010 - 2017).
Work Experiences               2019).                                             •     President Director at PT Toha Sittah Salam (2009-
                         •     Direktur Finance & Business Development di PT            2019).
                               Bumi Hasta Mukti (2006 - 2009).                    •     Finance & Business Development Director at PT
                         •     Corporate Banking Head di Sumitomo Mitsul                Bumi Hasta Mukti (2006 - 2009).
                               Banking Corporate Indonesia (1993 - 2006).         •     Corporate Banking Head at Sumitomo Mitsul
                                                                                        Banking Corporate Indonesia (1993 - 2006).

                         •     Presiden Komisaris di PT Energasindo Heksa
                                                                                  •     President Commissioner at PT Energasindo
                               Karya (2017-sekarang).
                                                                                        Heksa Karya (2017-present).
                         •     Presiden Komisaris di PT Triguna Internusa
Rangkap Jabatan                                                                   •     President Commissioner at PT Triguna Internusa
                               Pratama (2017-sekarang).
Concurrent Position                                                                     Pratama 2017-present).
                         •     Direktur di PT Sentosa Bersama Mitra (2015
                                                                                  •     Director at PT Sentosa Bersama Mitra
                               -sekarang).
                                                                                        (2015-present).

                         Beliau tidak memiliki hubungan afiliasi dengan           He does not have any affiliation with members of the
Hubungan Alifiasi
                         anggota Dewan Komisaris atau Direksi dan pemegang        Board of Commissioners or Board of Directors, nor with
Affiliation
                         saham utama dan/atau pengendali.                         major and/or controlling shareholders.




59                     Laporan Tahunan 2023                                                                PT Rukun Raharja Tbk
Page 60
             M. Oka Lesmana Firdauzi
             Direktur Keuangan dan Business Support
             Finance and Business Support Director

             Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir di
             Jakarta pada tanggal 10 Oktober 1972. Saat ini berusia 51 tahun.

             He is an Indonesian citizen domiciled in Jakarta. He was born in
             Jakarta on October 10, 1972, and is currently 51 years old.




                                                                                           •     Deed of Minutes of the Annual General Meeting
                                                                                                 of Shareholders No. 12, dated May 17, 2017 (Period
                                •    Akta Berita Acara RUPS Tahunan No. 12 tanggal
                                                                                                 1).
                                     17 Mei 2017 (Periode 1).
                                                                                           •     Deed of Minutes of the Annual General Meeting
Dasar Penunjukan                •    Akta Berita Acara RUPS Tahunan No. 13 tanggal
                                                                                                 of Shareholders No. 13, dated June 8, 2020
Basis of Appointment                 8 Juni 2020 (Periode 2).
                                                                                                 (Period 2).
                                •    Akta Berita Acara RUPS Luar Biasa No. 70
                                                                                           •     Deed of Minutes of the Extraordinary General
                                     tanggal 29 Mei 2023 (Periode 3).
                                                                                                 Meeting of Shareholders No. 70 dated May 29,
                                                                                                 2023 (Period 3).

Pendidikan                      •    Sarjana Ekonomi bidang Akuntansi, Universitas         •     Bachelor of Economics in Accounting, Trisakti
Education                            Trisakti, Jakarta (1996).                                   University, Jakarta (1996).

                                •    Director dan Chief Financial Officer di Volvo Group   •     Director and Chief Financial Officer at Volvo
                                     Indonesia (2014-2016).                                      Group Indonesia (2014-2016).
                                •    Financial Controller di PT Trakindo Utama (2010-      •     Financial Controller at PT Trakindo Utama (2010-
                                     2014).                                                      2014).
                                •    Financial Controller di PT Luxindo Raya (2008-        •     Financial Controller at PT Luxindo Raya (2008-
Pengalaman Kerja                     2010).                                                      2010).
Work Experiences                •    Management Controller PT ICI Paints Indonesia         •     Management Controller at PT ICI Paints Indonesia
                                     (2004-2008).                                                (2004-2008).
                                •    Accounting Manager PT L’Oreal Indonesia (2003-        •     Accounting Manager at PT L’Oreal Indonesia
                                     2004).                                                      (2003-2004).
                                •    Senior Assocate di Pricewaterhouse Coopers            •     Senior Associate at PricewaterhouseCoopers
                                     (1996-2003).                                                (1996-2003).

                                •    Presiden Direktur di PT Panji Raya Alamindo           •     Presiden Director at PT Panji Raya Alamindo
                                     (2017-sekarang).                                            (2017-present).
                                •    Komisaris di PT Petrogas Jatim Utama Utama            •     Commissioner at PT Petrogas Jatim Utama Utama
                                     Cendana (2018- sekarang).                                   Cendana (2018-present).
Rangkap Jabatan                 •    Komisaris di PT Raharja Energi Cepu (2019             •     Commissioner at PT Raharja Energi Cepu
Concurrent Position                  -sekarang).                                                 (2019-present).
                                •    Presiden Komisaris di PT Heksa Energi Mitraniaga      •     President Commissioner at PT Heksa Energi
                                     (2020-2023).                                                Mitraniaga (2020-2023).
                                •    Komisaris di PT Bravo Delta Persada (2020             •     Commissioner at PT Bravo Delta Persada (2020
                                     -sekarang).                                                 -present).

                                Beliau tidak memiliki hubungan afiliasi dengan             He does not have any affiliation with members of the
Hubungan Alifiasi
                                anggota Dewan Komisaris atau Direksi dan pemegang          Board of Commissioners or Board of Directors, nor with
Affiliation
                                saham utama dan/atau pengendali.                           major and/or controlling shareholders.




PT Rukun Raharja Tbk                                                                           Annual Report 2023                                60
Page 61
                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




                                                                 Sumantri
                                                                 Direktur Pengembangan Usaha
                                                                 Business Development Director
                                                                 Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir di
                                                                 Bantul pada tanggal 2 Maret 1976. Saat ini berusia 47 tahun.

                                                                 He is an Indonesian citizen domiciled in Jakarta. He was born
                                                                 in Bantul on March 2, 1976, and is currently 47 years old.




                                                                                  •     Deed of Minutes of the Extraordinary General
                         •     Akta Berita Acara RUPS Luar Biasa No. 33                 Meeting of Shareholders No. 33, dated April 27,
Dasar Penunjukan               tanggal 27 April 2021 (Periode 1).                       2021 (Period 1).
Basis of Appointment     •     Akta Berita Acara RUPS Luar Biasa No. 70           •     Deed of Minutes of the Extraordinary General
                               tanggal 29 Mei 2023 (Periode 2).                         Meeting of Shareholders No. 70 dated May 29,
                                                                                        2023 (Period 2).

Pendidikan                                                                        •     Bachelor of Economics, University of Indonesia
                         •     Sarjana Ekonomi, Universitas Indonesia (2002).
Education                                                                               (2002).

                         •     Komisaris di PT IPC Terminal Petikemas             •     Commissioner at PT IPC Terminal Petikemas
                               (2019 - 2020).                                           (2019 - 2020).
                         •     Advisor di PT Usahatama Mandiri Nusantara          •     Advisor at PT Usahatama Mandiri Nusantara
                               (2015 - 2020).                                           (2015 - 2020).
Pengalaman Kerja         •     Direktur Keuangan PT Sarana Patra Hulu Cepu        •     Finance Director of PT Sarana Patra Hulu Cepu
Work Experiences               (BUMD Provinsi Jawa Tengah) (2015 - 2016).               (BUMD Provinsi Jawa Tengah) (2012 - 2014).
                         •     Chief Corporate Affairs Officer PT Karya Bumi      •     Chief Corporate Affairs Officer of PT Karya Bumi
                               Baratama (2012 - 2014).                                  Baratama (2012 - 2014).
                         •     Komisaris Independen PT BRI Multi Finance          •     Independent Commissioner of PT BRI Multi
                               (2020-2023).                                             Finance (2020-2023).

                         •     Komisaris di PT Panji Raya Alamindo (2021          •     Commissioner at PT Panji Raya Alamindo (2021
                               -sekarang).                                              -present).
Rangkap Jabatan          •     Komisaris di PT Prima Energi Raharja (2021         •     Commissioner at PT Prima Energi Raharja (2021
Concurrent Position            -sekarang).                                              -present).
                         •     Komisaris di PT Sirius Surya Sentosa (2019         •     Commissioner at PT Sirius Surya Sentosa (2019
                               -sekarang).                                              -present).

                         Beliau tidak memiliki hubungan afiliasi dengan anggo-    He does not have any affiliation with members of the
Hubungan Alifiasi
                         ta Dewan Komisaris atau Direksi dan pemegang saham       Board of Commissioners or Board of Directors, nor with
Affiliation
                         utama dan/atau pengendali.                               major and/or controlling shareholders.




61                     Laporan Tahunan 2023                                                                 PT Rukun Raharja Tbk
Page 62
             Ogi Rulino
             Direktur Investasi dan Manajemen Risiko
             Investment and Risk Management Director
             Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
             di Banda Aceh pada tanggal 27 September 1968. Saat ini be-
             rusia 55 tahun.

             He is an Indonesian citizen domiciled in Jakarta. He was born
             in Banda Aceh on September 27, 1968, and is currently 55
             years old.




                                                                                         •     Deed of Minutes of the Extraordinary General
Dasar Penunjukan                •    Akta Berita Acara RUPS Luar Biasa No. 70
                                                                                               Meeting of Shareholders No. 70 dated May 29,
Basis of Appointment                 tanggal 29 Mei 2023.
                                                                                               2023.

                                                                                         •     Faculty of Mechanical Aerospace Engineering,
                                •    Fakultas Teknik Mesin dan Dirgantara Institut
                                                                                               Institut Teknologi Bandung with major in Mechan-
                                     Teknologi Bandung dengan jurusan Teknik Mesin.
                                                                                               ical Engineering .
                                •    Bachelor of Science (B.Sc), jurusan Teknologi
                                                                                         •     Bachelor of Science (B.Sc) degree majoring in
Pendidikan                           Informatika (IT), University of Electro-Communi-
                                                                                               Information Technology (IT) from the University of
Education                            cations, Tokyo.
                                                                                               Electro-Communications, Tokyo.
                                •    Master of Engineering (M. Eng), jurusan Teknologi
                                                                                         •     Master of Engineering (M. Eng), majoring in
                                     Informatika (IT), University of Electro-Communi-
                                                                                               Information Technology (IT) from the University of
                                     cations, Tokyo.
                                                                                               Electro-Communications, Tokyo.

                                •    Direktur Strategi & Komersial di Pelindo Multi
                                     Terminal (2021- 2023).                              •     Strategy and Commercial Director at PT Pelindo
                                •    Direktur Transformasi dan Pengembangan Usaha              Multi Terminal (2021-2023).
                                     di PT Pelabuhan Indonesia II (Persero) (2019-       •     Transformation and Business Development
                                     2021).                                                    Director at PT Pelabuhan Indonesia II (Persero)
                                •    Direktur Logistik & Pengembangan Usaha di PT              (2019-2021).
Pengalaman Kerja
                                     Krakatau Steel (Persero) Tbk (2018- 2019).          •     Logistics & Business Development Director at PT
Work Experiences
                                •    Direktur Logistik di PT Krakatau Steel (Persero)          Krakatau Steel (Persero) Tbk (20015-2018).
                                     Tbk (2015-2018).                                    •     Previously he eld positions in various other
                                •    Sebelumnya beliau juga pernah bekerja di beber-           companies, including PT Nusantara Infrastructure
                                     apa Perusahaan lainnya, termasuk PT Nusantara             Tbk, PT Mitsui OSK Lines Indonesia, PT Inter
                                     Infrastructure Tbk, PT Mitsui OSK Lines Indone-           Admark Dentsu and Mitsui & Co. Ltd.
                                     sia, PT Inter Admark Dentsu dan Mitsui & Co. Ltd.

                                •    Komisaris Utama PT Petrotech Pentanusa              •     President Commissioner at PT Petrotech Penta-
Rangkap Jabatan                      (2023-sekarang).                                          nusa (2023-present).
Concurrent Position             •    Komisaris Utama PT Pelabuhan Tanjung Priok          •     President Commissioner at PT Pelabuhan Tanjung
                                     (Pelindo Group) (2020-sekarang).                          Priok (Pelindo Group) (2020-present).

                                Beliau tidak memiliki hubungan afiliasi dengan           He does not have any affiliation with members of the
Hubungan Alifiasi
                                anggota Dewan Komisaris atau Direksi dan pemegang        Board of Commissioners or Board of Directors, nor with
Affiliation
                                saham utama dan/atau pengendali.                         major and/or controlling shareholders.




PT Rukun Raharja Tbk                                                                         Annual Report 2023                               62
Page 63
                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




PERUBAHAN KOMPOSISI DIREKSI
CHANGE IN COMPOSITION OF THE BOARD OF DIRECTORS




Pada tahun 2023, terdapat perubahan komposisi                        In 2023, there were changes in the composition of
Direksi. Susunan Direksi PT Rukun Raharja Tbk                        the Board of Directors. The composition of the Board
sepanjang tahun 2023 adalah sebagai berikut:                         of Directors of PT Rukun Raharja Tbk throughout
                                                                     2023 was as follows:



Tanggal                                            Nama                            Jabatan
Dates                                              Name                            Position
                                                                                   Direktur Utama
                                                   Djauhar Maulidi
                                                                                   President Director

1 Januari 2023-29 Mei 2023                                                         Direktur Keuangan dan Business Support
                                                   M. Oka Lesmana Firdauzi
January 1, 2023-May 29, 2023                                                       Finance and Business Support Director

                                                                                   Direktur Pengembangan Usaha
                                                   Sumantri
                                                                                   Business Development Director

                                                                                   Direktur Utama
                                                   Djauhar Maulidi
                                                                                   President Director

                                                                                   Direktur Keuangan dan Business Support
                                                   M. Oka Lesmana Firdauzi
29 Mei 2023-31 Desember 2023                                                       Finance and Business Support Director
May 29, 2023-December 31, 2023                                                     Direktur Pengembangan Usaha
                                                   Sumantri
                                                                                   Business Development Director

                                                                                   Direktur Investasi dan Manajemen Risiko
                                                   Ogi Rulino
                                                                                   Investment and Risk Management Director




63                       Laporan Tahunan 2023                                                           PT Rukun Raharja Tbk
Page 64
PROFIL DEWAN KOMISARIS
BOARD OF COMMISSIONERS PROFILE




                                                             Rudiantara
                                                             Komisaris Utama
                                                             President Commissioner


                                                             Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
                                                             di Bogor pada tanggal 3 Mei 1959. Saat ini berusia 64 tahun.

                                                             He is an Indonesian citizen domiciled in Jakarta. He was born
                                                             in Bogor on May 3, 1959, and is currently 64 years old.




                       •   Akta Berita Acara RUPS Luar Biasa No. 35           •     Deed of Minutes of the Extraordinary General
                           tanggal 27 Desember 2019 (Periode 1).                    Meeting of Shareholders No. 35, dated December
                                                                                    27, 2019 (Period 1).
                       •   Akta Berita Acara RUPS Tahunan No. 13 tanggal      •     Deed of Minutes of the Annual General Meeting
Dasar Penunjukan
                           8 Juni 2020 (Periode 2).                                 of Shareholders No. 13, dated June 8, 2020
Basis of Appointment
                                                                                    (Period 2).
                       •   Akta Berita Acara RUPS Luar Biasa No. 70           •     Deed of Minutes of the Extraordinary General
                           tanggal 29 Mei 2023 (Periode 3).                         Meeting of Shareholders No. 70 dated May 29,
                                                                                    2023 (Period 3).

                       •   Sarjana Statistika, Universitas Padjadjaran,       •     Bachelor of Statistics, Universitas Padjadjaran,
                           Bandung (1984).                                          Bandung (1984).
Pendidikan
                       •   Master of Business Administration, Institut        •     Master of Business Administration, Jakarta
Education
                           Pendidikan dan Pembinaan Manajemen, Jakarta              Institute of Education and Management
                           (1988).                                                  Development (1988).

                       •   Presiden Komisaris PT Semen Indonesia (Persero)    •      President Commissioner of PT Semen Indonesia
                           Tbk (2020-2023).                                         (Persero) Tbk (2020-2023).
                       •   Komisaris PT Rukun Raharja Tbk (2019 - 2021).      •     Commissioner of PT Rukun Raharja Tbk
                                                                                    (2019 - 2021).
                       •   Menteri Komunikasi dan Informatika Republik        •     Minister of Communication and Information
                           Indonesia (2014 - 2019).                                 Technology of the Republic of Indonesia (2014
                                                                                    - 2019).
                       •   Komisaris Utama PT Rukun Raharja Tbk (2014).       •     President Commissioner of PT Rukun Raharja Tbk
                                                                                    (2014).
Pengalaman Kerja
                       •   Wakil Direktur Utama PT PLN (Persero) (2008 -      •     Vice President Director of PT PLN (Persero)
Work Experiences
                           2009).                                                   (2008 - 2009).
                       •   Wakil Direktur Utama PT Semen Gresik (Persero)     •     Vice President Director of PT Semen Gresik
                           Tbk (2006 - 2008).                                       (Persero) Tbk (2006 - 2008).
                       •   Komisaris/Direksi serta Ketua Komite Audit         •     Commissioner/Director and Chairman of Audit
                           di berbagai Perusahaan Telekomunikasi (PT                Committee in various Telecommunication
                           Telkomsel, PT XL Axiata Tbk, PT Telekomunikasi           Companies (PT Telkomsel, PT XL Axiata Tbk,
                           Indonesia Tbk, dan PT Indosat Oredoo Tbk).               PT Telekomunikasi Indonesia Tbk, and PT Indosat
                                                                                    Ooredoo Tbk).


                       •   Komisaris PT Indosat Ooredoo Hutchison Tbk         •     Commissioner of PT Indosat Ooredoo Hutchison
                           (sejak 2022).                                            Tbk (since 2022).
                       •   Komisaris PT Vale Indonesia Tbk (sejak 2020).      •     Commissioner of PT Vale Indonesia Tbk (since
Rangkap Jabatan                                                                     2020).
Concurrent Position    •   Komisaris Utama PT Amartha Nusantara Raya          •     President Commissioner PT Amartha Nusantara
                           (sejak 2022).                                            Raya (since 2022).
                       •   Komisaris Utama PT Kitabisa Indonesia (sejak       •     President Commissioner PT Kitabisa Indonesia
                           2023).                                                   (since 2023).

                       Beliau tidak memiliki hubungan afiliasi dengan         He does not have any affiliation with members of the
Hubungan Alifiasi
                       anggota Dewan Komisaris atau Direksi dan pemegang      Board of Commissioners or Board of Directors, nor with
Affiliation
                       saham utama dan/atau pengendali.                       major and/or controlling shareholders.




PT Rukun Raharja Tbk                                                              Annual Report 2023                                   64
Page 65
                                    PROFIL PERUSAHAAN
                                    COMPANY PROFILE




             M. Arsjad Rasjid PM
             Komisaris
             Commissioner

             Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
             di Jakarta, pada tanggal 16 Mei 1970. Saat ini berusia 53
             tahun.

             He is an Indonesian citizen domiciled in Jakarta. He was born
             in Jakarta on May 16, 1970, and is currently 53 years old.




                                •     Akta Berita Acara RUPS Luar Biasa No. 13              •    Deed of Minutes of the Extraordinary General
                                      tanggal 11 Desember 2014 (Periode 1).                      Meeting of Shareholders No. 13, dated December
                                •     Akta Berita Acara RUPS Tahunan No. 13 tanggal              11, 2014 (Period 1).
                                      8 Juni 2020 (Periode 2).                              •    Deed of Minutes of the Annual General Meeting
Dasar Penunjukan
                                •     Akta Berita Acara RUPS Luar Biasa No. 70                   of Shareholders No. 13, dated June 8, 2020
Basis of Appointment
                                      tanggal 29 Mei 2023 (Periode 3).                           (Period 2).
                                                                                            •    Deed of Minutes of the Extraordinary General
                                                                                                 Meeting of Shareholders No. 70 dated May 29,
                                                                                                 2023 (Period 3).

                                •     Bachelor of Computer Engineering, University of       •    Bachelor of Computer Engineering, University of
                                      Southern California (1990).                                Southern California (1990).
                                •     Bachelor of Sciene bidang Administrasi Bisnis,        •    Bachelor of Science in Business Administration,
                                      Pepperdine University, California, Amerika Serikat         Pepperdine University, California, USA (1993).
                                      (1993).                                               •    Executive Education Program in Global Lead-
                                •     Program Executive Education Global Leadership              ership and Public Policy for the 21st Century,
                                      and Public Policy for the 21st Century, Harvard            Harvard Kennedy School, USA (2012).
                                      Kennedy School, Amerika Serikat (2012).               •    Insights into Politics and Public Policy in Asia
Pendidikan
                                •     Program Insights into Politics and Public Policy in        Program for Global Leaders, Lee Kuan Yew
Education
                                      Asia untuk Para Pemimpin Global, Lee Kuan Yew              School of Public Policy, Singapore (2012).
                                      School of Public Policy, Singapura (2012).            •    Executive Education on Impact Investing, Said
                                •     Executive Education on Impact Investing, Said Busi-        Business School, University of Oxford, UK (2013).
                                      ness School, University of Oxford, Inggris (2013).    •    Executive Education Program on Leadership and
                                •     Program Executive Education on Leadership and              Decision Making in the 21st Century, Jackson
                                      Decision Making in the 21st Century, Jackson               Institute for Global Affairs, Yale University, USA
                                      Institute for Global Affairs, Yale University,             (2014).
                                      Amerika Serikat (2014).

                                •     Ketua Umum Kamar Dagang dan Industri                  •    Chairman of the Indonesian Chamber of Com-
                                      Indonesia (KADIN Indonesia) (2021 - 2026).                 merce and Industry (KADIN Indonesia) (2021
                                •     Presiden Komisaris PT Indika Infrastruktur                 - 2026).
                                      Investindo (sejak Juni 2020).                         •    President Commissioner of PT Indika Infrastruk-
                                •     Komisaris PT Indika Inti Corpindo (sejak Juni              tur Investindo (since June 2020).
                                      2020).                                                •    Commissioner of PT Indika Inti Corpindo (since
                                •     Komisaris PT Grab Teknologi Indonesia                      June 2020).
                                      (sejak 2020).                                         •    Commissioner of PT Grab Teknologi Indonesia
Pengalaman Kerja dan            •     Presiden Komisaris PT Indika Multi Properti                (since 2020).
Rangkap Jabatan                       (sejak Oktober 2019).                                 •    President Commissioner of PT Indika Multi
Work Experiences and            •     Komisaris Kideco (sejak Februari 2017).                    Properti (since October 2019).
Concurrent Position             •     Chairman Indika Foundation (sejak 2017).              •    Commissioner of Kideco (since February 2017).
                                •     Komisaris PT Indika Energy Infrastructure             •    Chairman of the Indika Foundation (since 2017).
                                      (sejak Desember 2016).                                •    Commissioner of PT Indika Energy Infrastructure
                                •     Direktur Utama PT Indika Energy Tbk                        (since December 2016).
                                      (sejak 2016).                                         •    President Director of PT Indika Energy Tbk (since
                                •     Anggota Komite Nominasi, Remunerasi dan GCG                2016).
                                      PT Rukun Raharja Tbk (sejak 2015).                    •    Member of the Nomination, Remuneration, and
                                                                                                 GCG Committee of PT Rukun Raharja Tbk
                                                                                                 (since 2015).

Penghargaan                     •     Youth Global Leader, World Economic (2011).           •    Youth Global Leader, World Economic (2011)
Achievement                     •     Best Executive Indonesia, Asiamoney (2010).           •    Best Executive Indonesia, Asiamoney (2010)

                                Beliau tidak memiliki hubungan afiliasi dengan              He does not have any affiliation with members of the
Hubungan Alifiasi
                                anggota Dewan Komisaris atau Direksi dan pemegang           Board of Commissioners or Board of Directors, nor with
Affiliation
                                saham utama dan/atau pengendali.                            major and/or controlling shareholders.




65                          Laporan Tahunan 2023                                                                    PT Rukun Raharja Tbk
Page 66
                                                               Rachmat Gobel
                                                               Komisaris Independen
                                                               Independent Commissioner

                                                               Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
                                                               di Jakarta pada tanggal 3 September 1962. Saat ini berusia
                                                               61 tahun.

                                                               He is an Indonesian citizen domiciled in Jakarta. He was born
                                                               in Jakarta on September 3, 1962, and is currently 61 years
                                                               old.




                       •    Akta Berita Acara RUPS Tahunan No. 9 tanggal          •     Deed of Minutes of the Annual General Meeting
                            18 Mei 2016 (Periode 1).                                    of Shareholders No. 9, dated May 18, 2016 (Period
                                                                                        1).
                       •    Akta Berita Acara RUPS Tahunan No. 13 tanggal         •     Deed of Minutes of the Annual General Meeting
Dasar Penunjukan
                            8 Juni 2020 (Periode 2).                                    of Shareholders No. 13, dated June 8, 2020
Basis of Appointment
                                                                                        (Period 2).
                       •    Akta Berita Acara RUPS Luar Biasa No. 70 tang-        •     Deed of Minutes of the Extraordinary General
                            gal 29 Mei 2023 (Periode 3).                                Meeting of Shareholders No. 70 dated May 29,
                                                                                        2023 (Period 3).

Pendidikan             •    International Trade Sciene, Chuo University, Tokyo,   •     Bachelor of International Trade Science from
Education                   pada tahun (1987).                                          Chuo University, Tokyo (1987).

                       •    Komisaris PT Rukun Raharja Tbk (2014 - 2015).         •     Commissioner of PT Rukun Raharja Tbk (2014 -
                       •    Menteri Perdagangan Republik Indonesia dalam                2015).
                            Kabinet Kerja (27 Oktober 2014 - 12 Agustus           •     Minister of Trade of the Republic of Indonesia in
Pengalaman Kerja
                            2015).                                                      the Working Cabinet (October 27, 2014 - August
Work Experiences
                       •    Komisaris PT Indosat Tbk (2008 - 2014).                     12, 2015).
                       •    Komisaris PT Smart Tbk (2004 - 2014).                 •     Commissioner of PT Indosat Tbk (2008 - 2014).
                                                                                  •     Commissioner of PT Smart Tbk (2004 - 2014).

                       •    Wakil Ketua Dewan Perwakilan Rakyat Republik          •     Vice Chairman of the House of Representatives of
                            Indonesia (sejak 2019).                                     the Republic of Indonesia (since 2019).
                       •    Anggota Direksi dan Dewan Komisaris, kelompok         •     Member of the Board of Directors and Board of
Rangkap Jabatan             usaha PT Global Panasonic (sejak 1994).                     Commissioners of PT Global Panasonic business
Concurrent Position    •    Ketua Komite Audit dan Komite Nominasi, Remu-               group (since 1994).
                            nerasi dan GCG PT Rukun Raharja Tbk.                  •     Chairman of the Audit Committee and the Nomi-
                                                                                        nation, Remuneration, and GCG Committee of PT
                                                                                        Rukun Raharja Tbk.

                       Beliau tidak memiliki hubungan afiliasi dengan anggo-      He does not have any affiliation with members of the
Hubungan Alifiasi
                       ta Dewan Komisaris atau Direksi dan pemegang saham         Board of Commissioners or Board of Directors, nor with
Affiliation
                       utama dan/atau pengendali.                                 major and/or controlling shareholders.




PT Rukun Raharja Tbk                                                                  Annual Report 2023                                66
Page 67
                                    PROFIL PERUSAHAAN
                                    COMPANY PROFILE




             Orias Petrus Moedak
             Komisaris Independen
             Independent Commissioner
             Warga Negara Indonesia, berdomisili di Jakarta. Beliau lahir
             di Kupang pada tanggal 16 Agustus 1967. Saat ini berusia 56
             tahun.

             He is an Indonesian citizen domiciled in Jakarta. He was born
             in Kupang on August 16, 1967, and is currently 56 years old.




                                                                                           •    Deed of Minutes of the Extraordinary General
Dasar Penunjukan                •     Akta Berita Acara RUPS Luar Biasa No. 70
                                                                                                Meeting of Shareholders No. 70 dated May 29,
Basis of Appointment                  tanggal 29 Mei 2023.
                                                                                                2023.

Pendidikan                      •     Sarjana Ekonomi Jurusan Akuntansi Universitas        •    Bachelor of Economics in Accounting from
Education                             Padjajaran tahun 1990.                                    Universitas Padjajaran in 1990.

                                                                                           •    Managing Director, Head of Indonesia Coverage
                                •     Managing Director, Head of Indonesia Coverage
                                                                                                at Daiwa Capital Markets Singapore Limited
                                      Daiwa Capital Markets Singapore Limited (2010-
                                                                                                (2010-2014).
                                      2014).
                                                                                           •    Chairman of PT Rumah Sakit Pelabuhan (2015-
                                •     Chairman PT Rumah Sakit Pelabuhan (2015-2016).
                                                                                                2016).
                                •     Chief Financial Officer PT Pelabuhan Indonesia II
                                                                                           •    Chief Financial Officer of PT Pelabuhan Indonesia
                                      (Persero) (2014-2016).
                                                                                                II (Persero) (2014-2016).
                                •     Chairman PT Berlian Jasa Terminal Indonesia
                                                                                           •    Chairman of PT Berlian Jasa Terminal Indonesia
                                      (2017).
                                                                                                (2017).
                                •     Chief Executive Officer PT Pelabuhan Indonesia III
                                                                                           •    Chief Executive Officer of PT Pelabuhan
Pengalaman Kerja                      (Persero) (Mei 2016-2017).
                                                                                                Indonesia III (Persero) (May 2016-2017).
Work Experiences                •     Chairman PT Bukit Asam Transpacific Railways
                                                                                           •    Chairman of PT Bukit Asam Transpacific Railways
                                      (Agustus 2017-April 2018).
                                                                                                (August 2017-April 2018).
                                •     Chief Financial Office PT Bukit Asam, Tbk (April
                                                                                           •    Chief Financial Officer of PT Bukit Asam, Tbk
                                      2017-April 2018).
                                                                                                (April 2017-April 2018).
                                •     Chief Financial Officer PT Indonesia Asahan
                                                                                           •    Chief Financial Officer of PT Indonesia Asahan
                                      Aluminium (Persero) (April 2018-Desember 2018).
                                                                                                Aluminium (Persero) (April 2018-December 2018).
                                •     EVP and Deputy CEO PT Freeport Indonesia
                                                                                           •    EVP and Deputy CEO of PT Freeport Indonesia
                                      (Desember 2018-November 2019).
                                                                                                (December 2018-November 2019).
                                •     Group CEO Mining Industry Indonesia (MIND ID)
                                                                                           •    Group CEO of Mining Industry Indonesia (MIND
                                      (November 2019-Oktober 2021).
                                                                                                ID) (November 2019-October 2021).

Rangkap Jabatan
                                                           -                                                          -
Concurrent Position

                                Beliau tidak memiliki hubungan afiliasi dengan anggota     He does not have any affiliation with members of the
Hubungan Alifiasi
                                Dewan Komisaris atau Direksi dan pemegang saham            Board of Commissioners or Board of Directors, nor with
Affiliation
                                utama dan/atau pengendali.                                 major and/or controlling shareholders.




67                          Laporan Tahunan 2023                                                                   PT Rukun Raharja Tbk
Page 68
                                                             D. Andhi Nirwanto
                                                             Komisaris Independen
                                                             Independent Commissioner
                                                             Warga Negara Indonesia, berdomisili di Jakarta. Lahir di Ku-
                                                             dus pada tanggal 8 Agustus 1956. Saat ini berusia 68 tahun.

                                                             He is an Indonesian citizen domiciled in Jakarta. Born in Kudus
                                                             dated August 8, 1956, and is currently 68 years old.




                                                                              •     Deed of Minutes of the Extraordinary General
Dasar Penunjukan       •   Akta Berita Acara RUPS Luar Biasa No. 70
                                                                                    Meeting of Shareholders No. 70 dated May 29,
Basis of Appointment       tanggal 29 Mei 2023.
                                                                                    2023.


                       •   Sarjana Hukum Universitas 17 Agustus 1945,         •     Bachelor of Law from 17 August 1945 University,
                           Semarang tahun 1979.                                     Semarang in 1979.
Pendidikan             •   Magister Manajemen Institut Bisnis dan             •     Master of Management from Indonesian Institute
Education                  Informatika Indonesia, Jakarta tahun 1998.               of Business and Informatics, Jakarta, in 1998.
                       •   Doktor Ilmu Hukum Universitas Padjadjaran,         •     Doctoral of Law Padjadjaran University, Bandung,
                           Bandung tahun 2015.                                      in 2015.


                       •   Kepala Kejaksaan Tinggi Kalimantan Timur           •     Head of East Kalimantan High Prosecutor’s Office
                           (2006-2008).                                             (2006-2008).
                       •   Kepala Kejaksaan Tinggi DKI Jakarta (2008-         •     Head of DKI Jakarta High Prosecutor’s Office
                           2009).                                                   (2008-2009).
                       •   Ses Jaksa Agung Muda Tindak Pidana Khusus          •     Secretary to Deputy Attorney General for Special
                           (2009-2011).                                             Crimes (2009-2011).
                       •   Jaksa Agung Muda Tindak Pidana Khusus (2011-       •     Deputy Attorney General for Special Crimes
Pengalaman Kerja           2013).                                                   (2011-2013).
Work Experiences       •   Wakil Jaksa Agung RI/Ketua Tim Pemburu             •     Deputy Attorney General of the Republic of
                           Koruptor (2013-2016).                                    Indonesia/Chairman of the Corruption Eradication
                       •   PLT Jaksa Agung RI (Oktober 2014-Nopember                Task Force (2013-2016).
                           2014).                                             •     Acting Attorney General of the Republic of
                       •   Komisaris PT Pelabuhan Indonesia II (2017-2021).         Indonesia (October 2014-November 2014).
                                                                              •     Commissioner of PT Pelabuhan Indonesia II (2017-
                                                                                    2021).


                       •   Ketua Dewan Pengawas PPSN / Pusat Pengkajian       •     Chairman of the Supervisory Board of PPSN /
                           Strategi Nasional (2016-sekarang).                       National Strategy Study Center (2016-present).
                       •   Penasihat Ahli Kepala SKK Migas                    •     Expert Advisor to the Head of SKK Migas
                           (2020-sekarang).                                         (2020-present).
                       •   Dewan Penasihat Alumni UNTAG Semarang              •     Advisory Board of UNTAG Semarang Alumni
Rangkap Jabatan            (2021-sekarang).                                         Association (2021-present).
Concurrent Position    •   Dewan Pakar KBPA / Keluarga Besar Purna            •     Advisory Board of KBPA / Family of Retired
                           Adhyaksa (2021-sekarang).                                Prosecutors (2021-present).
                       •   Partner pada Kantor Hukum KBPA (Januari            •     Partner at KBPA Law Firm (January
                           2023-sekarang).                                          2023-present).
                       •   Komisaris utama PT Pupuk Kaltim                    •     President Commissioner of PT Pupuk Kaltim
                           (2024-sekarang).                                         (2024-present).

                       Tidak memiliki hubungan afiliasi dengan anggota        Does not have any affiliation with members of the
Hubungan Alifiasi
                       Dewan Komisaris atau Direksi dan pemegang saham        Board of Commissioners or Board of Directors, nor with
Affiliation
                       utama dan/atau pengendali.                             major and/or controlling shareholders.




PT Rukun Raharja Tbk                                                              Annual Report 2023                                 68
Page 69
                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




PERUBAHAN KOMPOSISI DEWAN KOMISARIS
CHANGES IN THE COMPOSITION OF THE BOARD OF
COMMISSIONERS
Perubahan Komposisi Dewan Komisaris                                Changes in the Composition of the Board of
                                                                   Commissioners

Pada tahun 2023, terdapat perubahan komposisi Dewan                In 2023, there were changes in the composition of the
Komisaris. Susunan Dewan Komisaris PT Rukun Raharja                Board of Commissioners. The composition of the Board
Tbk sepanjang tahun 2023 adalah sebagai berikut:                   of Commissioners of PT Rukun Raharja Tbk throughout
                                                                   2023 was as follows:


Tanggal                                            Nama                           Jabatan
Dates                                              Name                           Position

                                                                                  Komisaris Utama
                                                   Rudiantara
                                                                                  President Commissioner

1 Januari 2023-29 Mei 2023                                                        Komisaris
                                                   M. Arsjad Rasjid PM
January 1, 2023-May 29, 2023                                                      Commissioner

                                                                                  Komisaris Independen
                                                   Rachmat Gobel
                                                                                  Independent Commissioner

                                                                                  Komisaris Utama
                                                   Rudiantara
                                                                                  President Commissioner

                                                                                  Komisaris
                                                   M. Arsjad Rasjid PM
                                                                                  Commissioner
29 Mei 2023-31 Desember 2023
May 29, 2023-December 31, 2023
                                                                                  Komisaris Independen
                                                   Rachmat Gobel
                                                                                  Independent Commissioner

                                                                                  Komisaris Independen
                                                   Orias Petrus Moedak
                                                                                  Independent Commissioner

                                                                                  Komisaris Independen
                                                   D. Andhi Nirwanto
                                                                                  Independent Commissioner




SUMBER DAYA MANUSIA
HUMAN RESOURCES

Pada tahun 2023, aktivitas bisnis Perseroan dan Entitas            In 2023, the business activities of the Company and its
Anak didukung oleh 563 orang karyawan. Rincian kom-                Subsidiaries are supported by 563 employees. The details
posisi sumber daya manusia (SDM) Perseroan dalam 3                 of the Company’s human resources (HR) composition in
tahun terakhir adalah sebagai berikut:                             the last 3 years are as follows:


Jumlah Karyawan
Number of Employees

                                                                          Tahun
Keterangan                                                                 Year
Information
                                          2023                            2022                               2021

Jumlah Karyawan
Number of Employees                      563                              434                                434




69                       Laporan Tahunan 2023                                                     PT Rukun Raharja Tbk
Page 70
Komposisi SDM Berdasarkan Jenis Kelamin
Composition of Employees Based on Gender

                                                 2023                                2022                                2021
Perusahaan
Company                              Laki-Laki           Perempuan       Laki-Laki           Perempuan       Laki-Laki           Perempuan
                                       Male                Female          Male                Female          Male                Female


 PT Rukun Raharja Tbk                     17                12                16                7                 13                4

 PT Raharja Energi Cepu                    1                 1                 1                 1                 2                 1

 PT Triguna Internusa Pratama             192               12                190               9                 196               12

 PT Trimitra Cipta Mandiri                70                 1                19                 1                28                2

 PT Bravo Delta Persada                    7                 -                7                  -                 6                 -

 PT Heksa Energi Mitraniaga               38                4                 34                4                 32                5

 PT Energasindo Heksa Karya               78                20                66                20                68                15

 PT Majuko Utama Indonesia                 7                2                 5                 2                 5                 2

 PT Artha Prima Energy                    16                6                 12                6                  6                2

 PT PDPDE Gas                              -                 -                 -                 -                 1                3

 PT Petrotech Penta Nusa                  48                4                 2                 4                  -                 -

 PT Artifisial Teknologi Persada          26                 1                26                2                 26                5

Total                                  500                  63             378                  56                383               51




Komposisi Karyawan Berdasarkan Level Organisasi/ Jabatan
Composition of Employees Based on Organizational/Position Level


                                                 2023                                2022                                2021
 Perusahaan
 Company
                                   Non-Staf      Staff      Manager   Non-Staff      Staff      Manager   Non-Staff      Staff      Manager

PT Rukun Raharja Tbk                  2           21             6        2           17             4        1           11             5

PT Raharja Energi Cepu                -            1             1        -            1             1        -           3              -

PT Triguna Internusa Pratama         138          60             6      147           45             7      146           56             6

PT Trimitra Cipta Mandiri            67           4              -       16           4              -       23           7              -

PT Bravo Delta Persada                6            1             -       6             1             -       3            3              -

PT Heksa Energi Mitraniaga           33           9              -       31           7              -       32           5              -

PT Energasindo Heksa Karya           43           44             11      35           43             8       36           24             23

PT Majuko Utama Indonesia             4           5              -       4            3              -       4            3              -

PT Artha Prima Energy                 -           22             -        -           17             1        -           8              -

PT PDPDE Gas                          -            -             -        -            -             -        -           3              1

PT Petrotech Penta Nusa              43            -             3        -           4              2        -            -             -

PT Artifisial Teknologi Persada       3           23             1       3            24             1       3            26             2

 Total                               339          196            28     244           166            24     248           149            37




PT Rukun Raharja Tbk                                                                   Annual Report 2023                                     70
Page 71
                                  PROFIL PERUSAHAAN
                                  COMPANY PROFILE




Komposisi Karyawan Berdasarkan Usia
Composition of Employees Based on Age

Perusahaan                                                   2023                                             2022                                       2021
Company                                   < 25      25-40       40-55          > 55      < 25       25-40        40-55       > 55       < 25     25-40      40-55      > 55

PT Rukun Raharja Tbk                       -            21           8            -          1           13            9          -          -      11          6        -

PT Raharja Energi Cepu                     -            2             -           -          -           2             -          -          -      3            -       -

PT Triguna Internusa Pratama               11           97           93           3          10       87           96             6       3         96          104      5

PT Trimitra Cipta Mandiri                  9            43           19           -          -           14            6          -          1      24          5        -

PT Bravo Delta Persada                     1            2            3            1          1           1             4          1          -       2          3        1

PT Heksa Energi Mitraniaga                 7            21           12           2          11          15          10           2      12         13          10       2

PT Energasindo Heksa Karya                 9            65           24           -          6        49           28             3       7         44          28       4

PT Majuko Utama Indonesia                  1            4            4            -          1           4             2          -          1      4           2        -

PT Artha Prima Energy                      -            16           6            -          -           14            4          -       2         3           3        -

PT PDPDE Gas                               -             -            -           -          -           -             -          -          -       1          2        1

PT Petrotech Penta Nusa                    1            29           21           1          -           3             2          1          -       -           -       -

PT Artifisial Teknologi Persada            1            18           8            -          2           16          10           -       3         16          12       -

Total                                     40            318          198          7          32      218           171         13        29        217          175     13




Komposisi Karyawan Berdasarkan Pendidikan
HR Composition Based on Education

                                                        2023                                             2022                                            2021
Perusahaan                          Pasca                                  ≤ SMA       Pasca                               ≤ SMA       Pasca                          ≤ SMA
Company                            Sarjana
                                     Post
                                                 Sarjana
                                                 Bachelor
                                                              Diploma
                                                              Diploma
                                                                           Sr. High
                                                                           School/
                                                                                      Sarjana
                                                                                        Post
                                                                                                  Sarjana
                                                                                                  Bachelor
                                                                                                                Diploma
                                                                                                                Diploma
                                                                                                                           Sr. High
                                                                                                                           School/
                                                                                                                                      Sarjana
                                                                                                                                        Post
                                                                                                                                                 Sarjana
                                                                                                                                                 Bachelor
                                                                                                                                                            Diploma
                                                                                                                                                            Diploma
                                                                                                                                                                      Sr. High
                                                                                                                                                                      School/
                                   Graduate                                 Below     Graduate                              Below     Graduate                         Below


PT Rukun Raharja Tbk                  9            14           2             4          7          10            2           4          5          8           2        2

PT Raharja Energi Cepu                -             2            -            -          -           2             -          -          -          2           1        -

PT Triguna Internusa Pratama          4            45           19          136          3          34            20        142          5         42           14     147

PT Trimitra Cipta Mandiri             -            15           1            55          -           2            2          16          -          3           2       25

PT Bravo Delta Persada                -             -            -            7          -           -             -          7          -          -           1        5

PT Heksa Energi Mitraniaga            -             9           7            26          -          11            5          22          -         11           5       21

PT Energasindo Heksa Karya            6            51           8            33          6          41            7          32          7         35           7       34

PT Majuko Utama Indonesia             -             3           1             5          -           1            1           5          -          1           1        5

PT Artha Prima Energy                 -            12           1             9          -           9            1           8          -          4           1        3

PT PDPDE Gas                          -             -            -            -          -           -             -          -          1          1           1        1

PT Petrotech Penta Nusa               2             8           4            38          2           2            1           1          -          -           -        -

PT Artifisial Teknologi Persada       -             5           2            20          -           8            2          18          1          7           4       19

Total                                21           164          45           333         18         120            41        255         19         114          39     262




71                          Laporan Tahunan 2023                                                                                             PT Rukun Raharja Tbk
Page 72
Komposisi Karyawan Berdasarkan Status Kepegawaian
HR Composition Based on Employment Status

                                          2023                       2022                         2021
Perusahaan
Company                                                      Tetap          Kontrak       Tetap          Kontrak
                                  Tetap          Kontrak
                                                           Permanent        Contract    Permanent        Contract

PT Rukun Raharja Tbk               28               1          23              -             17             -


PT Raharja Energi Cepu              2               -           2              -             3              -


PT Triguna Internusa Pratama       32              172         41             158           60             148


PT Trimitra Cipta Mandiri           16             55          20              -            24              6


PT Bravo Delta Persada              -              7            -              7             -              6


PT Heksa Energi Mitraniaga          3              39           2             36             1             36


PT Energasindo Heksa Karya         70              28          74              12           74              9


PT Majuko Utama Indonesia           9               -           7              -             6              1


PT Artha Prima Energy               21              1           8              10            7              1


PT PDPDE Gas                        -               -           -              -             -              4


PT Petrotech Penta Nusa             3              49           3              3             -              -


PT Artifisial Teknologi Persada     14             13          17              11           22              9


Total                              198            365          197            237           214            220




PROGRAM PENGEMBANGAN KOMPETENSI                            EMPLOYEE COMPETENCY DEVELOPMENT
KARYAWAN                                                   PROGRAM

Dalam rangka mendukung transformasi dan mencapai           In order to support transformation and achieve the
tujuan Perseroan, PT Rukun Raharja Tbk akan melakukan      Company’s objectives, PT Rukun Raharja Tbk will undertake
perbaikan dan peningkatan salah satunya pada pen-          improvements and enhancements, one of which is in Human
gelolaan Sumber Daya Manusia. Perseroan senantiasa
                                                           Resources management. The Company constantly strives
berupaya untuk terus meningkatkan semangat belajar.
                                                           to promote a culture of continuous learning. The Company
Perseroan memastikan seluruh karyawan memperoleh
kesempatan yang setara dalam meningkatkan pengeta-         ensures that all employees have equal opportunities to
huan, kemampuan, dan keahlian sesuai dengan potensi        enhance their knowledge, skills, and expertise according
karyawan serta kebutuhan perusahaan. Hingga akhir tahun    to their potential and the Company’s needs. By the end
2023, Perusahaan telah menyelenggarakan 86 kegiatan        of 2023, the Company has organized 86 educational and
pendidikan dan pelatihan yang diikuti oleh 337 peserta.    training activities attended by 337 participants.




PT Rukun Raharja Tbk                                                   Annual Report 2023                           72
Page 73
                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




                                        Pengembangan Kompetensi Karyawan
                                                Employee Competency Development
Keterangan
                                                 2023                                   2022                                     2021
Description

Jumlah Pelatihan
                                                   86                                       92                                    75
Number of Trainings

Peserta
                                                  337                                     467                                    427
Participants

Biaya
                                             Rp1.710.438.499                         Rp696.606.185                           Rp169.658.410
Cost



                      Pengembangan Kompetensi Karyawan Berdasarkan Jenis Pelatihan
                               Employee Competency Development Based on Training Types

                                                 2023                                   2022                                     2021
Jenis Pelatihan
Training Type                       Kegiatan              Peserta           Kegiatan               Peserta           Kegiatan            Peserta
                                    Activity            Participants        Activity             Participants        Activity          Participants

Sertifikasi
                                         23                 49                  12                     36                1                   2
Certification

Pelatihan
                                         63                 288                 80                    431               74                 425
Training




PEMEGANG SAHAM & INFORMASI
KEPEMILIKAN SAHAM
SHAREHOLDERS & SHARE OWNERSHIP INFORMATION

                                                Komposisi Pemegang Saham
                                                        Shareholders Composition

                              Kepemilikan Saham Awal Tahun                        Kepemilikan Saham Akhir Tahun
                            Ownership at the Beginning of the Year                Ownership at the End of the Year
                                                                                                                                     Status
Pemegang Saham                            Persentase                                                                             KepemilikanShare
                                                                                                 Persentase                         Ownership
Shareholders              Jumlah Saham     Kepemi-   Jumlah Modal         Jumlah Saham
                                                                                                 Kepemilikan
                                                                                                                Jumlah Modal
                                                                                                                                     Status
                         (Lembar Saham)      likan       Total           (Lembar Saham)                             Total
                                                                                                  Ownership
                         Number of Shares Ownership     Capital          Number of Shares                          Capital
                                                                                                 Percentage
                             (Shares)     Percentage    (USD)                (Shares)                               (USD
                                                                                                     (%)
                                              (%)


Kepemilikan > 5%
Ownership > 5%

                                                                                                                                     Individu Lokal
Hapsoro                   1.205.491.300         28,52      3.126.879      1.205.491.300                28,52      3.126.879
                                                                                                                                    Local Individual

PT Sentosa Bersama-                                                                                                                    Institusi Lokal
                          1.358.285.004         32,13     3.523.205      1.433.937.404                33,95       3.722.031
Mitra                                                                                                                                  Local Institusi

                                                                                                                                       Institusi Lokal
PT Zeze Azewel                           -          -                -     280.469.500                  6,64         727.499
                                                                                                                                       Local Institusi

                                                                                                                                       Institusi Lokal
PT Basis Utama Prima       487.994.472          11,54      1.265.791       487.994.472                 11,54       1.265.791
                                                                                                                                       Local Institusi

Kepemilikan < 5%
Ownership < 5%
                                                                                                                                      Institusi dan
Masyarakat                                                                                                                                  Individu
(Masing- Masing                                                                                                                    Lokal dan Asing
di bawah 5%)               1.175.311.724        27,80     3.048.598        819.189.824                 19,36      2.122.272               Local and
Public (each                                                                                                                                 Foreign
below 5%)                                                                                                                           Institution and
                                                                                                                                          Individual




73                      Laporan Tahunan 2023                                                                         PT Rukun Raharja Tbk
Page 74
                                                  Komposisi Pemegang Saham
                                                         Shareholders Composition

                                Kepemilikan Saham Awal Tahun                     Kepemilikan Saham Akhir Tahun
                              Ownership at the Beginning of the Year             Ownership at the End of the Year
                                                                                                                                      Status
Pemegang Saham                             Persentase                                                                             KepemilikanShare
                                                                                            Persentase                               Ownership
Shareholders               Jumlah Saham     Kepemi-   Jumlah Modal       Jumlah Saham
                                                                                            Kepemilikan
                                                                                                               Jumlah Modal
                                                                                                                                      Status
                          (Lembar Saham)      likan       Total         (Lembar Saham)                             Total
                                                                                             Ownership
                          Number of Shares Ownership     Capital        Number of Shares                          Capital
                                                                                            Percentage
                              (Shares)     Percentage    (USD)              (Shares)                               (USD
                                                                                                (%)
                                               (%)


Total                      4.227.082.500        100,00    10.964.473    4.227.082.500         100,00           10.964.473     -


*) Kepemilikan melalui saham publik, tidak terlibat dalam kegiatan Manajemen Perseroan.
*) Ownership through public shares, without involvement in Company Management activities.




KOMPOSISI KEPEMILIKAN SAHAM
SHAREHOLDERS COMPOSITION

                       Komposisi Kepemilikan Saham berdasarkan Status Kepemilikan
                                  Composition of Share Ownership based on Ownership Status
Status Pemilik                    Kepemilikan Saham Awal Tahun                                   Kepemilikan Saham Akhir Tahun
Owner Status                    Ownership at the Beginning of the Year                           Ownership at the End of the Year

                                                Jumlah Saham
                                                                       Persentase                               Jumlah Saham          Persentase
                               Jumlah              (Lembar                                   Jumlah
Pemegang                                                               Kepemilikan                                 (Lembar            Kepemilikan
                              Investor              Saham)                                  Investor
Saham                                                                   Ownership                                   Saham)             Ownership
                             Number of             Number                                  Number of
Shareholders                                                           Percentage                                Total Shares         Percentage
                             Investors            of Shares                                Investors
                                                                           (%)                                     (Shares)               (%)
                                                   (Shares)

Pemodal Nasional
                                      7.020       4.039.596.500                95,57                5.606           4.035.041.800             95,46
Domestic Investors

Perorangan
                                      6.960        1.805.875.024                42,72               5.549           1.522.051.424             36,01
Individual

Perseroan Terbatas
Limited Liability                        56        2.232.757.676               52,82                      53        2.512.919.776             59,45
Company

Dana Pensiun
                                            1             400.000                0,00                      0                      0            0,00
Pension Fund

Yayasan
                                           3              563.800                0,01                      2                22.100             0,00
Foundation

Koperasi
                                            -                      -                 -                     2              48.500               0,00
Cooperatives

Pemodal Asing
                                          42         187.486.000                 4,43                     52          192.040.700              4,54
Foreign Investors

Perorangan
                                          22             1.231.100               0,03                     29             208.700                0,01
Individual

Perseroan Terbatas
Limited Liability                         20         186.254.900                 4,40                     23          191.832.000              4,54
Company

Total                                 7.062        4.227.082.500               100,00               5.658           4.227.082.500            100,00




PT Rukun Raharja Tbk                                                                       Annual Report 2023                                    74
Page 75
                         PROFIL PERUSAHAAN
                         COMPANY PROFILE




KEPEMILIKAN SAHAM DEWAN KOMISARIS,                   SHARE OWNERSHIP OF BOARD OF
DIREKSI, DAN MANAJEMEN KUNCI PERUSAHAAN              COMMISSIONERS, BOARD OF DIRECTORS,
                                                     AND KE Y MANAGE ME NT PE RSONNE L

Pengungkapan Kepemilikan Saham                       Disclosure of Share Ownership

Pada tahun 2023, tidak terdapat anggota Dewan        In 2023, there were no members of the Board of
Komisaris, Direksi, hingga pejabat setingkat di      Commissioners, Board of Directors, or officials one level
bawah Direksi yang memiliki saham di Perseroan.      below the Board of Directors who owned shares in the
                                                     Company.




           Hapsoro                            PT Sentosa                              Masyarakat
                                             Bersama Mitra                              Public



        28,52%                               33,95%                                37,53%




75                   Laporan Tahunan 2023                                          PT Rukun Raharja Tbk
Page 76
PEMEGANG SAHAM UTAMA DAN PENGENDALI                                                                               MAJOR AND CONTROLLING SHAREHOLDERS

Berdasarkan Daftar Pemegang Saham per 31                                                                          Based on the Shareholder List as of December 31,
Desember 2023 yang dikeluarkan oleh PT Ficomindo                                                                  2023, issued by PT Ficomindo Buana Registrar, the
Buana Registrar, Pemegang Saham Utama dan                                                                         major and controlling shareholder of the Company
Pengendali Perseroan adalah Hapsoro 28,51%.                                                                       was Hapsoro with 28.51%.




                                                                                                PT Sentosa Bersama
                       28,52%      Hapsoro                                           33,95%                                                            37,53%           Publik
                                                                                                Mitra




        Upstream                Infrastructure and                    Oil & Gas      Oil & Gs terminal                                 Gas                            Power                 Petro-
        Business                     Utilities                        Services         and Storage                                   Trading                        Generation            chemicals

                                        PT Triguna                                                                                                                                          PT Banggai
         PT Raharja                     Internusa                     PT Petrotech            PT Heksa                        PT Panji Raya                             PT Raharja
99,9%                           100%                          99,9%                   85,0%                          67,0%                                      99,0%                 40,0% Ammonia
         Energi Cepu                    Pratama                       Penta Nusa              Energi Mitraniaga               Alamindo                                  Daya Energi         Indonesia

                                                                                                                                               33,0%
              PT Petrogas                    PT Trimitra                                                                                                              PT Adidaya      PT Gavi Sejahtera 33,0%
        49,0% Jatim Utama              99,0% Cipta Mandiri    85%     Teknologi                                                                                 99,0% Bismawisesa     Nusantara
              Cendana                                                 Persada                                                        PT Energasindo                   Internasional
                                                                                                                             99,0%
                                                                                                                                     Heksa Karya

         51,0%                               PT Bravo Delta
                                       99,0% Persada
                                                                                                                                         PT Majuko
                                                                                                                                 99,0%
              PT Raharja                                                                                                                 Utama Indonesia
        99.0% Energi Tanjung
              Jabung
                                                                                                                                       PT Artha Prima
                                                                                                                                 80,0% Energy
      PT Raharja
99.0%
      Energi Sentosa
                                                                                                                                     PT Prima Energi
                                                                                                                             99,0%
                                                                                                                                     Raharja




         Upstream                                               Midstream                                                      Downstream




 Business Line


 Sub Holding                    Raja Ownership


 Business Unit                  Partner Ownership




PT Rukun Raharja Tbk                                                                                                                     Annual Report 2023                                               76
Page 77
                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




ENTITAS ANAK DAN/ATAU ENTITAS ASOSIASI
SUBSIDIARIES AND/OR ASSOCIATED ENTITIES

ENTITAS ANAK                                                        SUBSIDIARIES

Kepemilikan Langsung                                                Direct Ownership

Pada tahun 2023, tidak terdapat anggota Dewan                       In 2023, there will be no members of the Board
Komisaris, Direksi, hingga pejabat setingkat di                     of Commissioners, Directors, or officials at a level
bawah Direksi yang memiliki saham di Perseroan.                     below the Directors who own shares in the Company.



                                            PT Triguna Internusa Pratama

Kedudukan dan Tahun Operasi Komersial
                                              Jakarta, 2007
Position and Year of Commercial Operation

Kegiatan Usaha                                Transmisi gas dan kompresi gas
Business Activities                           Gas transmission and gas compression

                                              Akta Pendirian No. 164 tanggal 20 Januari 2003 yang dibuat oleh Dradjat Darmadji, S.H,
                                              dan telah memperoleh pengesahan dari Menteri Kehakiman dan Hak Asasi Manusia
Dasar Hukum Pendirian                         Republik Indonesia No. C-07817.HT.01.01-TH.2003 tertanggal 10 April 2003.
Legal Basis of Establishment                  Establishment Deed No. 164, dated January 20, 2003, drawn up by Dradjat Darmadji, S.H, and
                                              has been ratified by the Minister of Justice and Human Rights of the Republic of Indonesia
                                              No. C-07817.HT.01.01-TH.2003 dated April 10, 2003.

Kepemilikan Saham                             PT Rukun Raharja Tbk: 99,999%
Share Ownership                               PT Rukun Prima Sarana: 0,001%

Modal Dasar
                                              Rp250.001.000.000
Authorized Capital

Modal Disetor
                                              Rp214.613.000.000
Paid-up Capital

Nominal per Saham
                                              Rp1.000.000
Nominal per Share

Status Operasional                            Beroperasi
Operational Status                            Operational

                                              Office Park Thamrin Residences Blok B 07-08
                                              Jl. Thamrin Boulevard
Alamat                                        Kel. Kebon Melati, Kec. Tanah Abang
Address                                       Jakarta Pusat, 10230
                                              T : (+6221) 2929 1053
                                              F : (+6221) 2357 9803




                                                     Susunan Pengurus
                                                   Composition of Management

Dewan Komisaris                                                  Direksi
Board of Commissioners                                           Board of Directors

Komisaris Utama                                                  Direktur Utama
                                              Djauhar Maulidi                                             Ignatius Tri Handoyo
President Commissioner                                           President Director

                                                                 Direktur Teknik & Operasi
                                                                                                          Deny Dwiantoro
                                                                 Engineering & Operational Director

                                                                 Direktur Pengembangan & Komersial
                                                                                                          Rico A. Pribadi
                                                                 Development and Commercial Director

Komisaris                                     Darwin   Zahedy
Commissioner                                  Saleh




77                        Laporan Tahunan 2023                                                           PT Rukun Raharja Tbk
Page 78
                                                Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                        2022                           2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                     29.810.971                34.138.454                       35.979.121
Total Assets

Jumlah Liabilitas
                                                                     5.862.895                    8.834.317                     9.750.691
Total Liabilities

Jumlah Ekuitas
                                                                 23.948.076                      25.304.137                   26.228.430
Total Equity

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

Pendapatan Usaha
                                                                 15.576.372                      13.410.444                     8.664.498
Revenues

Beban Pokok Pendapatan
                                                                 (12.774.755)                  (9.886.698)                   (5.495.996)
Cost of Revenues

Laba Bruto
                                                                      2.801.617                  3.523.746                      3.168.502
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                       840.844                     472.305                        394.766
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                       454.491                      94.989                        167.957
Profit for the Year

Penghasilan Komprehensif Lain
                                                                        (3.343)                       8.215                        75.501
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                       451.148                     103.204                       243.458
Comprehensive Income for the Year



                                                   PT Panji Raya Alamindo

Kedudukan dan Tahun Operasi Komersial
                                                 Jakarta, 2007
Position and Year of Commercial Operation

Kegiatan Usaha                                   Investasi
Business Activities                              Investment

                                                 Akta No. 4 tanggal 15 Mei 2007 yang dibuat oleh Ninuk Kartini, S.H, dan telah memperoleh
                                                 pengesahan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dengan Surat
Dasar Hukum Pendirian                            Keputusan No. W7-06616.HT.01.01.TH.2007 tanggal 14 Juni 2007.
Legal Basis of Establishment                     Deed No. 4, dated May 15, 2007, drawn up by Ninuk Kartini, S.H., and has been ratified by
                                                 the Minister of Justice and Human Rights of the Republic of Indonesia with Decree No. W7-
                                                 06616.HT.01.01.TH.2007 dated June 14, 2007.

Kepemilikan Saham                                PT Rukun Raharja Tbk: 67,00%
Share Ownership                                  Tokyo Gas Asia Pte Ltd: 33,00%

Modal Dasar
                                                 Rp500.000.000.000
Authorized Capital

Modal Disetor
                                                 Rp335.756.000.000
Paid-up Capital

Nominal per Saham
                                                 Rp1.000.000
Nominal per Share

Status Operasional                               Beroperasi
Operational Status                               Operational

                                                 Office Park Thamrin Residences Blok A 01-05
                                                 Jl. Thamrin Boulevard
Alamat                                           Kel. Kebon Melati, Kec. Tanah Abang
Address                                          Jakarta Pusat, 10230
                                                 T : (+6221) 2929 1053
                                                 F : (+6221) 2357 9803




PT Rukun Raharja Tbk                                                                  Annual Report 2023                               78
Page 79
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                                       Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                       Direksi
Board of Commissioners                                                Board of Directors

Komisaris Utama                                                       Direktur Utama
                                                 Djauhar Maulidi                                               M. Oka Lesmana Firdauzi
President Commissioner                                                President Director

Komisaris                                                             Direktur
                                                 Takashi Shukuya                                               Masataka Sengoku
Commissioner                                                          Director

Komisaris                                                             Direktur
                                                 Sumantri                                                      Budi Sulistyo
Commissioner                                                          Director




                                                Kinerja Keuangan (dalam USD)
                                                   Financial Performance (in USD)

Uraian
                                                             2023                          2022                            2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                    97.287.336                    79.724.010                    65.859.528
Total Assets

Jumlah Liabilitas
                                                                    35.567.179                    21.374.751                      12.964.021
Total Liabilities

Jumlah Ekuitas
                                                                    61.720.157                58.349.259                        52.895.507
Total Equity

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

Pendapatan Usaha
                                                                 105.804.590                   104.163.751                      89.386.828
Revenues

Beban Pokok Pendapatan
                                                                   (90.164.061)               (88.322.812)                     (76.925.580)
Cost of Revenues

Laba Bruto
                                                                   15.640.529                  15.840.939                         12.461.248
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                    8.398.483                     8.628.352                        6.691.706
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                    6.520.585                     6.879.076                       5.013.238
Profit for the Year

Penghasilan Komprehensif Lain
                                                                      (109.251)                     (25.127)                          51.124
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                     6.411.334                    6.853.949                       5.064.362
Comprehensive Income for the Year




                                                            PT PDPDE Gas

Kedudukan dan Tahun Operasi Komersial
                                                 Jakarta, 2009
Position and Year of Commercial Operation

Kegiatan Usaha                                   Distributor gas alam
Business Activities                              Distributor of natural gas




79                        Laporan Tahunan 2023                                                                 PT Rukun Raharja Tbk
Page 80
                                                         PT PDPDE Gas
                                                Akta No. 10 tanggal 21 Desember 2009 dari Notaris Syarifudin, S.H. Akta pendirian ini tel-
                                                ah mendapat pengesahan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia
Dasar Hukum Pendirian                           dengan Surat Keputusan No. AHU-22708.AH.01.01.Tahun 2010 tanggal 3 Mei 2010.
Legal Basis of Establishment                    Deed No. 10, dated December 21, 2009, by Notary Syarifudin, S.H. This deed of establishment
                                                has been ratified by the Minister of Justice and Human Rights of the Republic of Indonesia
                                                with Decree No. AHU-22708.AH.01.01.2010 dated May 3, 2010.

Kepemilikan Saham                               PT Rukun Raharja Tbk: 85,00%
Share Ownership                                 PT Sumsel Energi Gemilang (Perseroda): 15,00%

Modal Dasar
                                                Rp200.000.000.000
Authorized Capital

Modal Disetor
                                                Rp53.500.000.000
Paid-up Capital

Nominal per Saham
                                                Rp1.000.000
Nominal per Share

Status Operasional                              Beroperasi
Operational Status                              Operational

                                                Office Park Thamrin Residences A 01-05
                                                Jl. Thamrin Boulevard
Alamat                                          Kel. Kebon Melati, Kec. Tanah Abang
Address                                         Jakarta Pusat, 10230
                                                T : (+6221) 2929 1080
                                                F : (+6221) 2929 1079




                                                      Susunan Pengurus
                                                   Composition of Management

Dewan Komisaris                                                       Direksi
Board of Commissioners                                                Board of Directors

Komisaris Utama                                                       Direktur Utama
                                                Djauhar Maulidi                                                  Yasser Arafat
President Commissioner                                                President Director

Komisaris                                                             Direktur
                                                M Zulkarnain                                                     Windu Margono
Commissioner                                                          Director




                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                            2022                           2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                     3.838.707                       5.042.694                      9.696.033
Total Assets

Jumlah Liabilitas
                                                                      199.096                           31.629                        328.725
Total Liabilities

Jumlah Ekuitas
                                                                     3.639.611                       5.011.065                       9.367.308
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                                 -                           -                       1.214.245
Revenues

Beban Pokok Pendapatan
                                                                                 -                           -                      (1.474.455)
Cost of Revenues




PT Rukun Raharja Tbk                                                                       Annual Report 2023                               80
Page 81
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                             Kinerja Keuangan (dalam USD)
                                                Financial Performance (in USD)

Uraian
                                                            2023                          2022                             2021
Description

Laba Bruto
                                                                               -                           -                      (260.210)
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                   (1.349.914)                   (1.825.784)                       (38.241)
Loss Before Income Tax Expense

Rugi Tahun Berjalan
                                                                   (1.371.454)                 (1.806.258)                        (625.198)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                               -                           -                              -
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                   (1.371.454)                 (1.806.258)                        (625.198)
Comprehensive Loss for the Year




                                                    PT Raharja Energi Cepu

Kedudukan dan Tahun Operasi Komersial
                                              Jakarta, 2007
Position and Year of Commercial Operation

Kegiatan Usaha                                Jasa konsultasi manajemen dan bisnis
Business Activities                           Management and business consulting services

                                              Akta Notaris No. 7 tanggal 16 Oktober 2006 dari Indah Setyaningsih, S.H dan telah disah-
                                              kan oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dalam Surat Kepu-
                                              tusan No. W7-06263 HT.01.01-TH.2007 tanggal 7 Juni 2007 dan telah diumumkan dalam
Dasar Hukum Pendirian                         Berita Acara Republik Indonesia No. 18940, Tambahan No. 58, tanggal 21 Juli 2007.
Legal Basis of Establishment                  Deed No. 7, dated October 16, 2006, by Indah Setyaningsih, S.H., and has been ratified by the
                                              Minister of Justice and Human Rights of the Republic of Indonesia in Decree No. W7-06263
                                              HT.01.01-TH.2007 dated June 7, 2007, and has been announced in the State Gazette of the
                                              Republic of Indonesia No. 18940, Supplement No. 58, dated July 21, 2007.

Kepemilikan Saham                             PT Rukun Raharja Tbk: 99,996%
Share Ownership                               PT Rukun Prima Sarana: 0,004%

Modal Dasar
                                              Rp25.250.000.000
Authorized Capital

Modal Disetor
                                              Rp25.250.000.000
Paid-up Capital

Nominal per Saham
                                              Rp100.000
Nominal per Share

Status Operasional                            Beroperasi
Operational Status                            Operational

                                              Office Park Thamrin Residence A01-05
                                              Jl. Thamrin Boulevard
Alamat                                        Kel. Kebon Melati, Kec. Tanah Abang
Address                                       Jakarta Pusat, 10230
                                              T : (+6221) 2357 9812
                                              F : (+6221) 2357 9813




                                                      Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                     Direksi
Board of Commissioners                                              Board of Directors

Komisaris                                     M. Oka Lesmana        Direktur                                   Alexandra Sinta
Commissioner                                  Firdauzi              Director                                   Wahjudewanti




81                        Laporan Tahunan 2023                                                                 PT Rukun Raharja Tbk
Page 82
                                                Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                            2023                         2022                          2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                 57.474.857                     14.452.497                    14.335.484
Total Assets

Jumlah Liabilitas
                                                                 29.952.899                     2.905.786                      2.814.510
Total Liabilities

Jumlah Ekuitas
                                                                   27.521.958                    11.546.711                   11.520.974
Total Equity

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

Pendapatan Usaha
                                                                   47.041.922                             -                             -
Revenues

Beban Pokok Pendapatan
                                                                 (20.321.181)                             -                             -
Cost of Revenues

Laba Bruto
                                                                   26.720.741                             -                             -
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                 32.846.449                      6.221.450                     2.158.184
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                  24.477.378                     6.223.718                     2.158.767
Profit for the Year

Penghasilan Komprehensif Lain
                                                                       (2.827)                      52.019                       (19.776)
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                   24.474.551                   6.275.737                      2.138.991
Comprehensive Income for the Year




                                                    PT Raharja Daya Energi

Kedudukan dan Tahun Operasi Komersial
                                                 Jakarta, 2015
Position and Year of Commercial Operation

Kegiatan Usaha                                   Pengembang, perindustrian, perdagangan, dan jasa umum
Business Activities                              Developer, industry, trade, and public services

                                                 Akta Pendirian No. 1 tanggal 1 September 2014 dibuat di hadapan Rini Yulianti, S.H dan
                                                 telah memperoleh pengesahan oleh Menteri Hukum dan Hak Asasi Manusia berdasarkan
Dasar Hukum Pendirian                            Surat Keputusan No. AHU-24289.40.10.2014 tanggal 11 September 2014.
Legal Basis of Establishment                     Deed No. 1, dated September 1, 2014, was drawn up before Rini Yulianti, S.H., and has
                                                 been ratified by the Minister of Justice and Human Rights based on Decree No. AHU-
                                                 24289.40.10.2014 dated September 11, 2014.

Kepemilikan Saham                                PT Rukun Raharja Tbk: 99,00%
Share Ownership                                  PT Rukun Prima Sarana: 1,00%

Modal Dasar
                                                 Rp20.000.000.000
Authorized Capital

Modal Disetor
                                                 Rp5.000.000.000
Paid-up Capital

Nominal per Saham
                                                 Rp1.000.000
Nominal per Share

Status Operasional                               Belum Beroperasi
Operational Status                               Not yet operational




PT Rukun Raharja Tbk                                                                 Annual Report 2023                               82
Page 83
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                                    PT Raharja Daya Energi
                                                 Office Park Thamrin Residences A01-05
                                                 Jl. Thamrin Boulevard
Alamat                                           Kel. Kebon Melati, Kec. Tanah Abang
Address                                          Jakarta Pusat, 10230
                                                 T : (+6221) 2929 1053
                                                 F : (+6221) 2357 9803




                                                       Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                    Direksi
Board of Commissioners                                             Board of Directors

Komisaris                                        M. Oka Lesmana    Direktur
                                                                                                           Triyono
Commissioner                                     Firdauzi          Director




                                                Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                           2023                          2022                        2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                    97.344                      120.622                     159.089
Total Assets

Jumlah Liabilitas
                                                                   192.980                       191.169                    192.396
Total Liabilities

Jumlah Ekuitas
                                                                   (95.636)                     (70.547)                    (33.307)
Total Equity

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

Pendapatan Usaha
                                                                           -                           -                            -
Revenues

Beban Pokok Pendapatan
                                                                           -                           -                            -
Cost of Revenues

Laba Bruto
                                                                           -                           -                            -
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                   (20.280)                     (36.436)                    (102.717)
Loss Before Income Tax Expense

Rugi Tahun Berjalan
                                                                   (25.089)                     (37.240)                     (97.104)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                           -                           -                            -
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                   (25.089)                     (37.240)                     (97.104)
Comprehensive Loss for the Year




83                        Laporan Tahunan 2023                                                             PT Rukun Raharja Tbk
Page 84
                                                   PT Rukun Prima Sarana

Kedudukan dan Tahun Operasi Komersial
                                                Jakarta, 2015
Position and Year of Commercial Operation

Kegiatan Usaha                                  Industri pembangkit tenaga listrik, perdagangan, dan perindustrian
Business Activities                             Power generation industry, trade, and industry

                                                Akta Pendirian No. 26 tanggal 23 Mei 2012 yang dibuat dihadapan Rini Yulianti, S.H, dan
                                                telah disahkan oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia No. AHU-
Dasar Hukum Pendirian                           27733.AH.01.01 tanggal 24 Mei 2012.
Legal Basis of Establishment                    Deed of Establishment No. 26, dated May 23, 2012, drawn up before Rini Yulianti, S.H., and
                                                has been ratified by the Minister of Justice and Human Rights of the Republic of Indonesia
                                                No. AHU- 27733.AH.01.01 dated May 24, 2012.

Kepemilikan Saham                               PT Rukun Raharja Tbk: 97,49%
Share Ownership                                 Djauhar Maulidi: 2,51%

Modal Dasar
                                                Rp40.004.000.000
Authorized Capital

Modal Disetor
                                                Rp10.001.000.000
Paid-up Capital

Nominal per Saham
                                                Rp1.000.000
Nominal per Share

Status Operasional                              Belum Beroperasi
Operational Status                              Not yet operational

                                                Office Park Thamrin Residences A01-05
                                                Jl. Thamrin Boulevard
Alamat                                          Kel. Kebon Melati, Kec. Tanah Abang
Address                                         Jakarta Pusat, 10230
                                                T : (+6221) 2929 1053
                                                F : (+6221) 2357 9803




                                                      Susunan Pengurus
                                                   Composition of Management

Dewan Komisaris                                                       Direksi
Board of Commissioners                                                Board of Directors

Komisaris                                                             Direktur
                                                Djauhar Maulidi                                                 M. Oka Lesmana Firdauzi
Commissioner                                                          Director




                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                            2022                          2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                      661.936                        635.751                       700.890
Total Assets

Jumlah Liabilitas
                                                                        10.833                             -                               -
Total Liabilities

Jumlah Ekuitas
                                                                       651.103                       635.751                       700.890
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income




PT Rukun Raharja Tbk                                                                       Annual Report 2023                             84
Page 85
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                             Kinerja Keuangan (dalam USD)
                                                Financial Performance (in USD)

Uraian
                                                           2023                           2022                         2021
Description

Pendapatan Usaha
                                                                                -                       -                                -
Revenues

Beban Pokok Pendapatan
                                                                                -                       -                                -
Cost of Revenues

Laba Bruto
                                                                                -                       -                                -
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                       15.352                    (65.139)                          (8.149)
Loss Before Income Tax Expense

Rugi Tahun Berjalan
                                                                       15.352                    (65.139)                          (8.149)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                                -                       -                                -
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                       15.352                    (65.139)                                -
Comprehensive Loss for the Year




                                                    PT Bumi Karya Artha

Kedudukan dan Tahun Operasi Komersial
                                               Jakarta, 2018
Position and Year of Commercial Operation

Kegiatan Usaha                                 Usaha jasa
Business Activities                            Services business

Dasar Hukum Pendirian                          Akta No. 18 tanggal 26 April 2006, Notaris Achmad Sulomo, S.H.
Legal Basis of Incorporation                   Deed No. 18, dated April 26, 2006, by Notary Achmad Sulomo, S.H.

Kepemilikan Saham                              PT Energasindo Heksa Karya: 99,99%
Share Ownership                                PT Rukun Raharja Tbk: 0,01%

Modal Dasar
                                               Rp3.000.000.000
Authorized Capital

Modal Disetor
                                               Rp1.000.000.000
Paid-up Capital

Nominal per Saham
                                               Rp100.000
Nominal per Share

Status Operasional                             Belum Beroperasi
Operational Status                             Not yet operational

Alamat
                                               Jakarta
Address




                                                     Susunan Pengurus
                                                    Management Composition

Dewan Komisaris                                                      Direksi
Board of Commissioners                                               Board of Directors

Komisaris                                                            Direktur
                                               Budi Sulistyo                                                Agustinus Hendrayana
Commissioner                                                         Director




85                        Laporan Tahunan 2023                                                              PT Rukun Raharja Tbk
Page 86
                                                Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                             2023                         2022                           2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                           73.508                        73.508                         73.508
Total Assets

Jumlah Liabilitas
                                                                 -                           -                             -
Total Liabilities

Jumlah Ekuitas
                                                           73.508                        73.508                         73.508
Total Equity

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

Pendapatan Usaha
                                                                 -                           -                             -
Revenues

Beban Pokok Pendapatan
                                                                 -                           -                             -
Cost of Revenues

Laba Bruto
                                                                 -                           -                             -
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                 -                           -                             -
Loss Before Income Tax Expense

Laba Tahun Berjalan
                                                                 -                           -                             -
Profit for the Year

Penghasilan Komprehensif Lain
                                                                 -                           -                             -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                 -                           -                             -
Comprehensive Income for the Year




                                                  PT Petrotech Penta Nusa

Kedudukan dan Tahun Operasi Komersial
                                                 Jakarta, 2004
Position and Year of Commercial Operation

Kegiatan Usaha                                   Perdagangan, pertambangan, dan jasa
Business Activities                              Trade, mining, and services

Dasar Hukum Pendirian                            Akta No. 26 tanggal 9 September 2004, Notaris FX Budi Santoso Isbandi, S.H
Legal Basis of Establishment                     Deed No. 26, dated September 9, 2004, by Notary FX Budi Santoso Isbandi, S.H.

Kepemilikan Saham                                PT Rukun Raharja Tbk: 99,90%
Share Ownership                                  PT Rukun Prima Sarana: 0,10%

Modal Dasar
                                                 Rp11.000.000.000
Authorized Capital

Modal Disetor
                                                 Rp11.000.000.000
Paid-up Capital

Nominal per Saham
                                                 Rp500.000
Nominal per Share

Status Operasional                               Beroperasi
Operational Status                               Operational

                                                 Office Park Thamrin Residences Blok A 01-05
                                                 Jl. Thamrin Boulevard
Alamat                                           Kel. Kebon Melati, Kec. Tanah Abang
Address                                          Jakarta Pusat, 10230
                                                 T : (+6221) 2929 1053
                                                 F : (+6221) 2357 9803




PT Rukun Raharja Tbk                                                                  Annual Report 2023                         86
Page 87
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                                       Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                      Direksi
Board of Commissioners                                               Board of Directors

Komisaris Utama                                                      Direktur Utama
                                   Ogi Rulino                                                            Yasser Arafat
President Commissioner                                               President Director

Komisaris                                                            Direktur
                                   Surya Yudi Wirman                                                     Windu Margono
Commissioner                                                         Director

                                                                     Direktur
                                                                                                         I Ketut Siola
                                                                     Director

                                                                     Direktur
                                                                                                         Rony Hartanto
                                                                     Director




                                                Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                           2023                           2022                           2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                   3.821.148                     3.003.954                      2.156.579
Total Assets

Jumlah Liabilitas
                                                                   4.097.878                      2.631.389                     1.435.193
Total Liabilities

Jumlah Ekuitas
                                                                   (276.730)                       372.005                       721.386
Total Equity

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

Pendapatan Usaha
                                                                   2.366.221                       1.767.661                      95.304
Revenues

Beban Pokok Pendapatan
                                                                  (1.734.386)                    (1.205.760)                     (81.223)
Cost of Revenues

Laba Bruto
                                                                    631.835                         561.901                        14.081
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                   (615.665)                      (265.913)                     (154.733)
Loss Before Income Tax Expense

Rugi Tahun Berjalan
                                                                   (654.018)                      (252.509)                     (152.072)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                       5.283                            174                         (550)
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                   (648.735)                      (252.335)                     (152.622)
Comprehensive Loss for the Year




87                        Laporan Tahunan 2023                                                                 PT Rukun Raharja Tbk
Page 88
KEPEMILIKAN TIDAK LANGSUNG                                            INDIRECT OWNERSHIP

Pada tahun 2023, tidak terdapat anggota Dewan Komisaris,              In 2023, there will be no members of the Board of
Direksi, hingga pejabat setingkat di bawah Direksi yang               Commissioners, Directors, or officials at a level below
memiliki saham di Perseroan.                                          the Directors who own shares in the Company.



                                             PT Energasindo Heksa Karya
                                       (Melalui/ Through PT Panji Raya Alamindo)
Kedudukan dan Tahun Operasi Komersial
                                               Jakarta, 2005
Position and Year of Commercial Operation

Kegiatan Usaha                                 Distributor gas alam
Business Activities                            Distributor of natural gas

Dasar Hukum Pendirian                          Akta No. 4 tanggal 18 September 1998, Notaris Syaril Mamora Siregar, S.H.
Legal Basis of Incorporation                   Deed No. 4, dated September 18, 1998, by Notary Syaril Mamora Siregar, S.H.

Kepemilikan Saham                              PT Panji Raya Alamindo: 99,99%
Share Ownership                                PT Rukun Raharja Tbk: 0,01%

Modal Dasar
                                               Rp240.000.000.000
Authorized Capital

Modal Disetor
                                               Rp71.030.000.000
Paid-up Capital

Nominal per Saham
                                               Rp100.000
Nominal per Share

Status Operasional                             Beroperasi
Operational Status                             Operational

                                               Office Park Thamrin Residences A01-05
                                               Jl. Thamrin Boulevard
Alamat                                         Kel. Kebon Melati, Kec. Tanah Abang
Address                                        Jakarta Pusat, 10230
                                               T : (+6221) 2357 9930
                                               F : (+6221) 2357 9936




                                                      Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                      Direksi
Board of Commissioners                                               Board of Directors

Komisaris Utama                                                      Direktur Utama
                                  Djauhar Maulidi                                                      Agustinus Hendrayana
President Commissioner                                               President Director

                                                                     Direktur Keuangan &
Komisaris                                                            Pendukung Bisnis
                                  Takashi Shukuya                                                      Budi Sulistyo
Commissioner                                                         Finance & Business Support
                                                                     Director

Komisaris                         Muhammad Giri Ramanda              Direktur Pemasaran
                                                                                                       Masataka Sengoku
Commissioner                      Nazaputra Kiemas                   Marketing Director

                                                                     Direktur Operasi dan Teknik
                                                                     Operation and Engineering         Agus Dwiputranto
                                                                     Director




PT Rukun Raharja Tbk                                                                  Annual Report 2023                      88
Page 89
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                                Kinerja Keuangan (dalam USD)
                                                   Financial Performance (in USD)

Uraian
                                                             2023                           2022                          2021
Description

Laporan Posisi Keuangan Konsolidasian
Consolidated Statements of Financial Position

Jumlah Aset
                                                                  85.619.023                      68.022.992                     56.109.515
Total Assets

Jumlah Liabilitas
                                                                  45.676.565                       31.522.003                23.063.430
Total Liabilities

Jumlah Ekuitas
                                                                  39.942.458                     36.500.989                      31.046.085
Total Equity

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

Pendapatan Usaha
                                                                 105.790.007                     104.153.739                 89.386.828
Revenues

Beban Pokok Pendapatan
                                                                  (90.127.732)                  (88.286.483)                 (76.889.251)
Cost of Revenues

Laba Bruto
                                                                    15.662.275                    15.866.896                     12.497.577
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                    8.468.632                      8.629.307                      6.748.391
Profit Before Income Tax Expense

Rugi Tahun Berjalan
                                                                    6.590.734                       6.880.031                    5.069.923
Loss for the Year

Penghasilan Komprehensif Lain
                                                                      (109.251)                      (25.127)                        51.124
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                     6.481.483                     6.854.904                      5.121.047
Comprehensive Income for the Year




                                                PT Prima Energi Raharja
                                       (Melalui/ Through PT Panji Raya Alamindo)
Kedudukan dan Tahun Operasi Komersial
                                                 Jakarta, 2015
Position and Year of Commercial Operation

Kegiatan Usaha                                   Distributor gas alam
Business Activities                              Distributor of natural gas

Dasar Hukum Pendirian                            Akta No. 35 tanggal 25 Mei 2012, Notaris Rini Yulianti, S.H.
Legal Basis of Establishment                     Deed No. 35, dated May 25, 2012, by Notary Rini Yulianti, S.H.

Kepemilikan Saham                                PT Panji Raya Alamindo: 99,93%
Share Ownership                                  PT Rukun Raharja Tbk: 0,07%

Modal Dasar
                                                 Rp40.004.000.000
Authorized Capital

Modal Disetor
                                                 Rp14.325.000.000
Paid-up Capital

Nominal per Saham
                                                 Rp1.000.000
Nominal per Share

Status Operasional                               Beroperasi
Operational Status                               Operational

                                                 Office Park Thamrin Residences A01-05
                                                 Jl. Thamrin Boulevard
Alamat                                           Kel. Kebon Melati, Kec. Tanah Abang
Address                                          Jakarta Pusat, 10230
                                                 T : (+6221) 2357 9802
                                                 F : (+6221) 2929 1097




89                        Laporan Tahunan 2023                                                                    PT Rukun Raharja Tbk
Page 90
                                                       Susunan Pengurus
                                                     Composition of Management

Dewan Komisaris                                                       Direksi
Board of Commissioners                                                Board of Directors

Komisaris Utama                                                       Direktur Utama
                                   M. Oka Lesmana Firdauzi                                                Agustinus Hendrayana
President Commissioner                                                President Director

Komisaris                                                             Direktur
                                   Takashi Shukuya                                                        Masataka Sengoku
Commissioner                                                          Director

Komisaris                                                             Direktur
                                   Sumantri                                                               Agus Dwi Putranto
Commissioner                                                          Director




                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                         2022                          2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                     698.012                       708.779                       817.890
Total Assets

Jumlah Liabilitas
                                                                     267.323                       247.943                       280.644
Total Liabilities

Jumlah Ekuitas
                                                                     430.689                       460.806                       537.246
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                      14.583                         10.372                             -
Revenues

Beban Pokok Pendapatan
                                                                     (36.329)                      (36.329)                             -
Cost of Revenues

Rugi Bruto
                                                                     (21.746)                      (25.957)                             -
Gross Loss

Rugi Sebelum Beban Pajak Penghasilan
                                                                     (30.117)                      (76.388)                      (51.784)
Loss Before Income Tax Expense

Rugi Tahun Berjalan
                                                                     (30.117)                      (76.440)                      (51.784)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                            -                                 -                         -
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                     (30.117)                      (76.440)                      (51.784)
Comprehensive Loss for the Year




                                        PT Adidaya Bismawisesa Internasional
                                       (Melalui/ Through PT Raharja Daya Energi)
Kedudukan dan Tahun Operasi Komersial
                                                Jakarta, 2015
Position and Year of Commercial Operation

Kegiatan Usaha                                  Perdagangan dan pembangunan
Business Activities                             Trade and construction

Dasar Hukum Pendirian                           Akta No. 17 tanggal 28 Mei 2014, Notaris Syarifudin, S.H
Legal Basis of Establishment                    Deed No. 17, dated May 28, 2014, by Notary Syarifudin, S.H.

Kepemilikan Saham                               PT Raharja Daya Energi: 99,00%
Share Ownership                                 PT Rukun Raharja Tbk: 1,00%




PT Rukun Raharja Tbk                                                                   Annual Report 2023                             90
Page 91
                                   PROFIL PERUSAHAAN
                                   COMPANY PROFILE




                                          PT Adidaya Bismawisesa Internasional
                                         (Melalui/ Through PT Raharja Daya Energi)
Modal Dasar
                                                  Rp10.000.000.000
Authorized Capital

Modal Disetor
                                                  Rp5.000.000.000
Paid-up Capital

Nominal per Saham
                                                  Rp1.000.000
Nominal per Share

Status Operasional                                Belum Beroperasi
Operational Status                                Not yet operational

                                                  Office Park Thamrin Residences A01-05
                                                  Jl. Thamrin Boulevard
                                                  Kel. Kebon Melati, Kec. Tanah Abang
Alamat
                                                  Jakarta Pusat, 10230
Address
                                                  T : (+6221) 2929 1053
                                                  F : (+6221) 2357 9803




                                                         Susunan Pengurus
                                                       Composition of Management

Dewan Komisaris                                                          Direksi
Board of Commissioners                                                   Board of Directors

Komisaris                                                                Direktur
                                     M. Oka Lesmana Firdauzi                                              Triyono
Commissioner                                                             Director




                                                Kinerja Keuangan (dalam USD)
                                                    Financial Performance (in USD)

Uraian
                                                               2023                           2022                      2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                        346.698                      362.662                   414.130
Total Assets

Jumlah Liabilitas
                                                                        139.618                       139.121                  137.554
Total Liabilities

Jumlah Ekuitas
                                                                        207.080                      223.541                   276.576
Total Equity

Lpaoran Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                               -                            -                         -
Revenues

Beban Pokok Pendapatan
                                                                               -                            -                         -
Cost of Revenues

Laba Bruto
                                                                               -                            -                         -
Gross Profit

Rugi Sebelum Beban Pajak Penghasilan
                                                                        (11.652)                     (52.231)                  (50.763)
Loss Before Income Tax Expense

Laba Tahun Berjalan
                                                                        (16.461)                     (53.035)                  (45.150)
Loss for the Year

Penghasilan Komprehensif Lain
                                                                               -                            -                         -
Other Comprehensive Income

Rugi Komprehensif Periode Berjalan
                                                                        (16.461)                     (53.035)                  (45.150)
Comprehensive Loss for the Year




91                        Laporan Tahunan 2023                                                                  PT Rukun Raharja Tbk
Page 92
                                               PT Trimitra Cipta Mandiri
                                   (Melalui/ Through PT Triguna Internusa Pratama)
Kedudukan dan Tahun Operasi Komersial
                                                Jakarta, 2008
Position and Year of Commercial Operation

Kegiatan Usaha                                  Operating dan maintenance
Business Activities                             Operating and maintenance

Dasar Hukum Pendirian                           Akta No. 19 tanggal 8 November 2000, Notaris Masneri, S.H.
Legal Basis of Establishment                    Deed No. 19, dated November 8, 2000, by Notary Masneri, S.H.

Kepemilikan Saham                               PT Triguna Internusa Pratama: 99,00%
Share Ownership                                 PT Rukun Raharja Tbk: 1,00%

Modal Dasar
                                                Rp5.000.000.000
Authorized Capital

Modal Disetor
                                                Rp5.000.000.000
Paid-up Capital

Nominal per Saham
                                                Rp1.000.000
Nominal per Share

Status Operasional                              Beroperasi
Operational Status                              Operational

                                                Office Park Thamrin Residence B07-08
                                                Jl. Thamrin Boulevard
Alamat                                          Kel. Kebon Melati, Kec. Tanah Abang
Address                                         Jakarta Pusat, 10230
                                                T : (+6221) 2357 9802
                                                F : (+6221) 2357 1097




                                                       Susunan Pengurus
                                                      Management Composition

Dewan Komisaris                                                        Direksi
Board of Commissioners                                                 Board of Directors

Komisaris                                                              Direktur
                                   Deny Dwiantoro                                                        Fattah Hermana Putra
Commissioner                                                           Director




                                              Kinerja Keuangan (dalam USD)
                                                    Financial Performance (in USD)

Uraian
                                                              2023                          2022                       2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                     1.377.850                     1.174.278                    1.885.109
Total Assets

Jumlah Liabilitas
                                                                      322.931                        131.914                     495.733
Total Liabilities

Jumlah Ekuitas
                                                                     1.054.919                     1.042.364                    1.389.376
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                      669.620                       573.672                     1.395.650
Revenues

Beban Pokok Pendapatan
                                                                     (503.604)                     (250.489)                    (283.614)
Cost of Revenues

Laba Bruto
                                                                       166.016                      323.183                     1.112.036
Gross Profit




PT Rukun Raharja Tbk                                                                   Annual Report 2023                             92
Page 93
                                PROFIL PERUSAHAAN
                                COMPANY PROFILE




                                             Kinerja Keuangan (dalam USD)
                                                 Financial Performance (in USD)

Uraian
                                                           2023                         2022                            2021
Description

Rugi Sebelum Beban Pajak Penghasilan
                                                                   24.037                       207.763                        896.700
Loss Before Income Tax Expense

Laba Tahun Berjalan
                                                                   14.898                       152.925                        689.614
Profit for the Year

Penghasilan Komprehensif Lain
                                                                   (2.343)                           83                         48.629
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                   12.555                       152.988                        738.243
Comprehensive Income for the Year




                                               PT Heksa Energi Mitraniaga

Kedudukan dan Tahun Operasi Komersial
                                               Jakarta, 2020
Position and Year of Commercial Operation

Kegiatan Usaha                                 Pengelolaan fasilitas terminal LPG
Business Activities                            Management of LPG terminal facilities

Dasar Hukum Pendirian                          Akta No. 14 tanggal 30 Juli 2019, Notaris Mohammad Turman, S.H.
Legal Basis of Incorporation                   Deed No. 14, dated July 30, 2019, by Notary Mohammad Turman, S.H.

                                               PT Triguna Internusa Pratama: 85,00%
Kepemilikan Saham
                                               Ricky Hadianto: 8,25%
Share Ownership
                                               FX Sigit Luhur Prabowo: 6,75%

Modal Dasar
                                               Rp10.000.000.000
Authorized Capital

Modal Disetor
                                               Rp2.500.000.000
Paid-up Capital

Nominal per Saham
                                               Rp100.000
Nominal per Share

Status Operasional                             Beroperasi
Status of Operation                            Operational

                                               Office Park Thamrin Residence B07-08
                                               Jl. Thamrin Boulevard
Alamat                                         Kel. Kebon Melati, Kec. Tanah Abang
Address                                        Jakarta Pusat, 10230
                                               T : (+6221) 2357 9802
                                               F : (+6221) 2357 1097




                                                       Susunan Pengurus
                                                    Composition of Management

Dewan Komisaris                                                    Direksi
Board of Commissioners                                             Board of Directors

Komisaris Utama                                                    Direktur Utama
                                  Sumantri                                                            Faizal Al Fariz
President Commissioner                                             President Director

Komisaris                                                          Direktur
                                  Bugi Umar Senoadji                                                  Ricky Hadianto
Commissioner                                                       Director

                                                                   Direktur
                                                                                                      Triyono
                                                                   Director




93                        Laporan Tahunan 2023                                                            PT Rukun Raharja Tbk
Page 94
                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                        2022                           2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                     4.496.343                   4.422.024                      4.358.683
Total Assets

Jumlah Liabilitas
                                                                     3.520.961                   3.813.274                       4.150.151
Total Liabilities

Jumlah Ekuitas
                                                                      975.382                      608.750                       208.532
Total Equity

Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                     2.408.146                   2.353.323                        169.984
Revenues

Beban Pokok Pendapatan
                                                                  (1.328.043)                   (1.359.097)                       (93.631)
Cost of Revenues

Laba Bruto
                                                                     1.080.103                     993.146                         76.353
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                      506.165                     452.047                          35.480
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                      366.636                      400.218                         31.493
Income for the Year

Penghasilan Komprehensif Lain
                                                                           (4)                             -                             -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                      366.632                      400.218                         31.493
Comprehensive Income for the Year




                                                PT Bravo Delta Persada
                                   (Melalui/ Through PT Triguna Internusa Pratama)
Kedudukan dan Tahun Operasi Komersial
                                                Jakarta, 2008
Position and Year of Commercial Operation

Kegiatan Usaha                                  Penyediaan fasilitas air bersih
Business Activities                             Provision of clean water facilities

Dasar Hukum Pendirian                           Akta No. 2 tanggal 14 November 2008, Notaris Betty Sri Ismartini Djokopranoto, S.H
Legal Basis of Establishment                    Deed No. 2, dated November 14, 2008, by Notary Betty Sri Ismartini Djokopranoto, S.H.

Kepemilikan Saham                               PT Triguna Internusa Pratama: 99,00%
Share Ownership                                 PT Trimitra Cipta Mandiri: 1,00%

Modal Dasar
                                                Rp12.500.000.000
Authorized Capital

Modal Disetor
                                                Rp10.000.000.000
Paid-up Capital

Nominal per Saham
                                                Rp1.000.000
Nominal per Share

Status Operasional                              Beroperasi
Status of Operation                             Operational

                                                Office Park Thamrin Residence B07-08
                                                Jl. Thamrin Boulevard
Alamat                                          Kel. Kebon Melati, Kec. Tanah Abang
Address                                         Jakarta Pusat, 10230
                                                T : (+6221) 2357 9802
                                                F : (+6221) 2357 1097




PT Rukun Raharja Tbk                                                                  Annual Report 2023                                94
Page 95
                                   PROFIL PERUSAHAAN
                                   COMPANY PROFILE




                                                         Susunan Pengurus
                                                       Composition of Management

Dewan Komisaris                                                         Direksi
Board of Commissioners                                                  Board of Directors

Komisaris                                                               Direktur
                                     M. Oka Lesmana Firdauzi                                                   Ignatius Tri Handoyo
Commissioner                                                            Director




                                                Kinerja Keuangan (dalam USD)
                                                    Financial Performance (in USD)

Uraian
                                                               2023                          2022                              2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                      1.655.646                       1.711.108                       1.968.639
Total Assets

Jumlah Liabilitas
                                                                       176.378                        250.421                          514.260
Total Liabilities

Jumlah Ekuitas
                                                                      1.479.268                     1.460.687                         1.454.379
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                       235.028                        259.346                          265.432
Revenues

Beban Pokok Pendapatan
                                                                       (116.511)                     (128.281)                         (115.172)
Cost of Revenues

Laba Bruto
                                                                        118.517                       130.525                          150.260
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                        27.984                          17.547                          82.046
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                         18.581                         6.308                           67.200
Profit for the Year

Penghasilan Komprehensif Lain
                                                                               -                                -                              -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                         18.581                         6.308                           67.200
Comprehensive Income for the Year




                                                PT Majuko Utama Indonesia
                                      (Melalui/ Through PT Energasindo Heksa Karya)
Kedudukan dan Tahun Operasi Komersial
                                                  Jakarta, 2003
Position and Year of Commercial Operation

Kegiatan Usaha                                    Pengangkutan gas bumi melalui pipa
Business Activities                               Transportation of natural gas through pipelines

Dasar Hukum Pendirian                             Akta No. 10 tanggal 23 Juli 2003, Notaris Rosliana, S.H.
Legal Basis of Establishment                      Deed No. 10, dated July 23, 2003, by Notary Rosliana, S.H.

Kepemilikan Saham                                 PT Energasindo Heksa Karya: 99.99%
Share Ownership                                   PT Rukun Raharja Tbk: 0.01%

Modal Dasar
                                                  Rp10,000,000,000
Authorized Capital

Modal Disetor
                                                  Rp10,000,000,000
Paid-up Capital




95                        Laporan Tahunan 2023                                                                      PT Rukun Raharja Tbk
Page 96
                                               PT Majuko Utama Indonesia
                                     (Melalui/ Through PT Energasindo Heksa Karya)
Nominal per Saham
                                                   Rp100,000
Nominal per Share

Status Operasional                                 Beroperasi
Status of Operation                                Operational

                                                   Office Park Thamrin Residences Blok A.01-05
Alamat                                             Jl. Thamrin Residence Boulevard
Address                                            Kel. Kebon Melati, Kec. Tanah Abang
                                                   Jakarta Pusat, 10230




                                                         Susunan Pengurus
                                                       Management Composition

Dewan Komisaris                                                         Direksi
Board of Commissioners                                                  Board of Directors

Komisaris Utama                                                         Direktur Utama
                                   Agustinus Hendrayana                                                   Budi Sulistyo
President Commissioner                                                  President Director

Komisaris                                                               Direktur
                                   Jugi Prajogo                                                           Syehani Assegaf
Commissioner                                                            Director




                                                  Kinerja Keuangan (dalam USD)
                                                    Financial Performance (in USD)

Uraian
                                                               2023                          2022                         2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                      1.815.436                     1.815.281                    1.644.281
Total Assets

Jumlah Liabilitas
                                                                       540.281                       656.209                      758.251
Total Liabilities

Jumlah Ekuitas
                                                                      1.275.155                     1.159.072                     886.030
Total Equity

Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                      1.327.312                     1.390.554                    1.086.907
Revenues

Beban Pokok Pendapatan
                                                                      (371.718)                     (325.609)                     (256.111)
Cost of Revenues

Laba Bruto
                                                                      955.594                       1.064.945                     830.796
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                       318.182                       366.626                      683.435
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                       255.861                        272.121                     546.866
Income for the Year

Penghasilan Komprehensif Lain
                                                                        (3.778)                         1.221                             -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                      252.083                        273.342                      546.866
Comprehensive Income for the Year




PT Rukun Raharja Tbk                                                                     Annual Report 2023                             96
Page 97
                                   PROFIL PERUSAHAAN
                                   COMPANY PROFILE




                                                  PT Artha Prima Energy
                                      (Melalui/ Through PT Energasindo Heksa Karya)
Kedudukan dan Tahun Operasi Komersial
                                                  Jawa Barat, 2017
Position and Year of Commercial Operation

Kegiatan Usaha                                    Niaga CNG
Business Activities                               CNG trading

Dasar Hukum Pendirian                             Akta No. 3 Tanggal 17 Juli 2017, Notaris Refki Ridwan, S.H, M.B.A.
Legal Basis of Establishment                      Deed No. 3, dated July 17, 2017, by Notary Refki Ridwan, S.H., M.B.A.

Kepemilikan Saham                                 PT Energasindo Heksa Karya: 80,00%
Share Ownership                                   Ny. Dee Valent: 20,00%

Modal Dasar
                                                  Rp10.000.000.000
Authorized Capital

Modal Disetor
                                                  Rp10.000.000.000
Paid-up Capital

Nominal per Saham
                                                  Rp500.000
Nominal per Share

Status Operasional                                Beroperasi
Operational Status                                Operating

Alamat                                            Jl. Olympic Raya Kav. C2 No. 2
Address                                           Kab. Bogor, Jawa Barat




                                                         Susunan Pengurus
                                                       Composition of Management

Dewan Komisaris                                                          Direksi
Board of Commissioners                                                   Board of Directors

Komisaris Utama                                                          Direktur Utama
                                     Agustinus Hendrayana                                                    Dee Valent
President Commissioner                                                   President Director

Komisaris                                                                Direktur
                                     Masataka Sengoku                                                        Agus Dwi Putranto
Commissioner                                                             Director

Komisaris
                                     Sanddy Gunawan
Commissioner




                                                Kinerja Keuangan (dalam USD)
                                                   Financial Performance (in USD)

Uraian
                                                               2023                           2022                          2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                      10.936.357                     9.467.597                     1.989.141
Total Assets

Jumlah Liabilitas
                                                                       9.021.312                      8.122.241                    1.046.303
Total Liabilities

Jumlah Ekuitas
                                                                       1.915.045                     1.345.356                      942.838
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                      10.312.595                     5.848.994                     2.091.146
Revenues




97                        Laporan Tahunan 2023                                                                    PT Rukun Raharja Tbk
Page 98
                                               Kinerja Keuangan (dalam USD)
                                                      Financial Performance (in USD)

Uraian
                                                               2023                          2022                           2021
Description

Beban Pokok Pendapatan
                                                                  (8.532.019)                    (5.016,683)                       (2.028.512)
Cost of Revenues

Laba Bruto
                                                                      1.780.576                      832.331                          62.634
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                       953.261                       431.581                         (113.736)
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                       775.989                       401.474                         (93.317)
Profit for the Year

Penghasilan Komprehensif Lain
                                                                        (6.300)                        1.044                            2.128
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                       769.689                       402.518                          (91.189)
Comprehensive Income for the Year




                                            PT Artifisial Teknologi Persada
                                      (Melalui/ Through PT Petrotech Penta Nusa)
Kedudukan dan Tahun Operasi Komersial
                                                  Jakarta, 2005
Position and Year of Commercial Operation

Kegiatan Usaha                                    Minyak dan Gas Service
Business Activities                               Oil and Gas Service

Dasar Hukum Pendirian                             Akta No. 12 tanggal 27 Juli 2005 Notaris Endang S. Antariksa S.H, M.Hum.
Legal Basis of Establishment                      Deed No. 12, dated July 27, 2005, by Notary Endang S. Antariksa S.H, M.Hum.

Kepemilikan Saham                                 PT Petrotech Penta Nusa: 85,00%
Share Ownership                                   PT Niaga Selaras Persada: 15,00%

Modal Dasar
                                                  Rp10.500.000.000
Authorized Capital

Modal Disetor
                                                  Rp10.500.000.000
Paid-In Capital

Nominal per Saham
                                                  Rp1.000.000
Nominal per Share

Status Operasional                                Beroperasi
Status of Operation                               Operating

Alamat                                            Office Park Thamrin Residences Blok A Nomor 1-5, Jalan Kebon Kacang Raya, Kelurahan
Address                                           Kebon Melati, Kecamatan Tanah Abang, Jakarta Pusat - 10230




                                                         Susunan Pengurus
                                                        Management Composition

Dewan Komisaris                                                         Direksi
Board of Commissioners                                                  Board of Directors

Komisaris Utama                                                         Direktur Utama
                                  Ir. Arief Riyanto                                                       Rony Hartanto
President Commissioner                                                  President Director

                                                                        Direktur
                                                                                                          Sulfadi Nugroho
                                                                        Director
Komisaris
                                  Judiko
Commissioner
                                                                        Direktur
                                                                                                          Windu Margono
                                                                        Director




PT Rukun Raharja Tbk                                                                     Annual Report 2023                                98
Page 99
                                   PROFIL PERUSAHAAN
                                   COMPANY PROFILE




                                                Kinerja Keuangan (dalam USD)
                                                   Financial Performance (in USD)

Uraian
                                                               2023                           2022                         2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                      2.634.774                        1.917.292                    755.104
Total Assets

Jumlah Liabilitas
                                                                      2.450.449                       1.820.328                     689.014
Total Liabilities

Jumlah Ekuitas
                                                                        184.325                         96.964                       66.090
Total Equity

Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                       2.106.312                       1.767.661                    1.114.797
Revenues

Beban Pokok Pendapatan
                                                                      (1.579.104)                    (1.200.299)                  (1.139.374)
Cost of Revenues

Laba Bruto
                                                                        527.208                        567.362                      (24.577)
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                         113.535                         18.162                    (599.746)
Income Before Income Tax Expenses

Laba Tahun Berjalan
                                                                         82.827                          23.710                    (604.571)
Income for the Year

Penghasilan Komprehensif Lain
                                                                          4.534                             174                          151
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                          87.361                        23.884                    (604.420)
Comprehensive Income for the Year




                                            PT Raharja Energi Tanjung Jabung
                                         (Melalui / Through PT Raharja Energi Cepu)
Kedudukan dan Tahun Operasi Komersial
                                                  Jakarta, 2022
Domicile and Year of Commercial Operation

Kegiatan Usaha                                    Pertambangan dan penggalian
Business Activities                               Mining and excavation

Dasar Hukum Pendirian                             Akta No. 2 tanggal 7 Maret 2022, Notaris Rini Yulianti, S.H.
Legal Basis of Incorporation                      Deed No. 2, dated March 7, 2022, by Notary Rini Yulianti, S.H.

Kepemilikan Saham                                 PT Raharja Energi Cepu: 99,00%
Share Ownership                                   PT Rukun Raharja Tbk: 1,00%

Modal Dasar
                                                  Rp1.000.000.000
Authorized Capital

Modal Disetor
                                                  Rp252.500.000
Paid-up Capital

Nominal per Saham
                                                  Rp100.000
Nominal per Share

Status Operasional                                Beroperasi
Status of Operation                               Operating

                                                  Office Park Thamrin Residences Blok A 01-05
                                                  Jl. Thamrin Boulevard
Alamat                                            Kel. Kebon Melati, Kec. Tanah Abang
Address                                           Jakarta Pusat, 10230
                                                  T : (+6221) 2929 1053
                                                  F : (+6221) 2357 9803




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Page 100
                                                      Susunan Pengurus
                                                   Composition of Management

Dewan Komisaris                                                         Direksi
Board of Commissioners                                                  Board of Directors

Komisaris                                                               Direktur
                                   M. Oka Lesmana Firdauzi                                             Bagus Pinandityo
Commissioner                                                            Director




                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                           2022                     2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                 45.908.484                         69.527                     -
Total Assets

Jumlah Liabilitas
                                                                 28.325.467                              -                     -
Total Liabilities

Jumlah Ekuitas
                                                                     17.583.017                     69.427                     -
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                     47.041.922                          -                     -
Revenues

Beban Pokok Pendapatan
                                                                 (20.321.181)                            -                     -
Cost of Revenues

Laba Bruto
                                                                     26.720.741                          -                     -
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                 25.890.679                              -                     -
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                     17.513.490                          -                     -
Profit for the Year

Penghasilan Komprehensif Lain
                                                                              -                          -                     -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                     17.513.490                          -                     -
Comprehensive Income for the Year




PT Rukun Raharja Tbk                                                                    Annual Report 2023                   100
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                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




ENTITAS ASOSIASI
ASSOCIATED ENTITIES



                                            PT Petrogas Jatim Utama Cendana

Kedudukan dan Tahun Operasi Komersial
                                                Surabaya, 2007
Position and Year of Commercial Operation

Kegiatan Usaha                                  Pertambangan minyak dan gas bumi
Business Activities                             Oil and gas mining

Dasar Hukum Pendirian                           Akta No. 5 tanggal 14 Maret 2007, Notaris Rosida, S.H.
Legal Basis of Incorporation                    Deed No. 5, dated March 14, 2007, by Notary Rosida, S.H.

Kepemilikan Saham
                                                PT Rukun Raharja Tbk (melalui / through PT Raharja Energi Cepu): 49.00%
Share Ownership

Modal Dasar
                                                Rp2.000.000.000
Authorized Capital

Modal Disetor
                                                Rp500.000.000
Paid-up Capital

Nominal per Saham
                                                Rp1.000.000
Nominal per Share

Status Operasional                              Beroperasi
Operational Status                              Operation

Alamat
                                                Surabaya
Address




                                                          Susunan Pengurus
                                                    Composition of Management

 Dewan Komisaris                                                     Direksi
 Board of Commissioners                                              Board of Directors

 Komisaris Utama                                                     Direktur Utama
                                  Tiat Surtiati Suwardi                                                    Hadi Ismoyo
 President Commissioner                                              President Director

 Komisaris                                                           Direktur
                                  M. Oka Lesmana Firdauzi                                                  Bagus Pinandityo
 Commissioner                                                        Director

 Komisaris                                                           Direktur
                                  Abd Halim Soebahar                                                       Alexandra Shinta Wahjudewanti
 Commissioner                                                        Director




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Page 102
                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                    2022                2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                 24.583.388                  28.457.700          29.061.740
Total Assets

Jumlah Liabilitas
                                                                      4.491.666               4.134.742          4.158.580
Total Liabilities

Jumlah Ekuitas
                                                                     20.091.722           24.322.958             24.903.160
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                     28.927.077           34.596.969             28.195.213
Revenues

Beban Pokok Pendapatan
                                                                 (4.280.764)              (8.431.449)        (10.399.013)
Cost of Revenues

Laba Bruto
                                                                 24.646.313                  26.165.520          17.856.200
Gross Profit

Laba Sebelum Beban Pajak Penghasilan
                                                                 23.956.328               25.290.967             17.369.424
Profit Before Income Tax Expense

Laba Tahun Berjalan
                                                                     15.263.411           14.204.383             6.242.852
Profit for the Year

Penghasilan Komprehensif Lain
                                                                        (4.559)                108.308             (40.454)
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                 15.258.852                  14.312.691          6.202.398
Comprehensive Income for the Year




PT Rukun Raharja Tbk                                                               Annual Report 2023                  102
Page 103
                               PROFIL PERUSAHAAN
                               COMPANY PROFILE




                                            PT Banggai Ammonia Indonesia

Kedudukan dan Tahun Operasi Komersial
                                              Jakarta, 2022
Position and Year of Commercial Operation

                                              Industri kimia dasar yang bersumber dari minyak bumi, gas alam dan batubara serta kon-
Kegiatan Usaha                                sultasi manajemen lainnya
Business Activities                           The basic chemical industry sourced from crude oil, liquid natural gas and coal, and other
                                              management consultancy.

Dasar Hukum Pendirian                         Akta No. 2 tanggal 11 Oktober 2022, Devia Buniarto, S.H M.KN.
Legal Basis of Incorporation                  Deed No. 2, dated October 11, 2022, by Devia Buniarto, S.H. M.KN.

Kepemilikan Saham                             PT Gavi Sejahtera Nusantara : 60,00%
Share Ownership                               PT Rukun Raharja Tbk : 40,00%

Modal Dasar
                                              Rp10.000.000.000
Authorized Capital

Modal Disetor
                                              Rp2.500.000.000
Paid-up Capital

Nominal per Saham
                                              Rp1.000.000
Nominal per Share

Status Operasional                            Belum Beroperasi
Operational Status                            Not Yet Operation

Alamat
                                              DBS Bank Tower Lantai 19, Jalan Prof. Dr. Satrio, Kav. 3- 5, Jakarta 12940, Indonesia.
Address




                                                     Susunan Pengurus
                                                   Composition of Management

Dewan Komisaris                                                    Direksi
Board of Commissioners                                             Board of Directors

Komisaris                                                          Direktur
                                  Agustinus Hendrayana                                                  Arief Kadarsyah
Commissioner                                                       Director




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                                              Kinerja Keuangan (dalam USD)
                                                  Financial Performance (in USD)

Uraian
                                                              2023                    2022              2021
Description

Laporan Posisi Keuangan
Statements of Financial Position

Jumlah Aset
                                                                     157.966                 154.828            -
Total Assets

Jumlah Liabilitas
                                                                           -                        -           -
Total Liabilities

Jumlah Ekuitas
                                                                     157.966                 154.828            -
Total Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain
Statements of Profit or Loss and Other Comprehensive Income

Pendapatan Usaha
                                                                           -                        -           -
Revenues

Beban Pokok Pendapatan
                                                                           -                        -           -
Cost of Revenues

Laba Bruto
                                                                           -                        -           -
Gross Profit

Rugi Sebelum Pajak
                                                                        (25)                  (4.094)           -
Loss Before Tax

Laba Tahun Berjalan
                                                                        (25)                  (4.094)           -
Profit for the Year

Penghasilan Komprehensif Lain
                                                                           -                        -           -
Other Comprehensive Income

Laba Komprehensif Periode Berjalan
                                                                        (25)                  (4.094)           -
Comprehensive Income for the Year




PT Rukun Raharja Tbk                                                               Annual Report 2023          104
Page 105
                                 PROFIL PERUSAHAAN
                                 COMPANY PROFILE




KRONOLOGIS PENCATATAN SAHAM
SHARE LISTING CHRONOLOGY


                                                         Jumlah Saham                                                      Jumlah Saham
                                                            Diterbitkan          Harga                  Harga                 Beredar
     Tanggal
                                 Uraian                 (Lembar Saham)          Nominal              Penawaran            (Lembar Saham)
    Penawaran
                               Description                  Number of         Nominal Price         Offering Price              Total
   Offering Date
                                                          Issued Shares           (Rp)                   (Rp)               Outstanding
                                                             (Shares)                                                      Shares (Shares)

24 Desember 1993       Saham Pendirian
                                                                         -                     -                      -         170.000.000
December 24, 1993      Founding Shares

                       Penawaran Umum Saham
22 Januari 2003
                       Perdana                               120.000.000                    100                    100          290.000.000
January 22, 2003
                       Public Offering of Shares

                       Hasil Pelaksanaan Konversi
15 Maret 2004          Waran Seri I
                                                                 175.000                    100                    100          290.175.000
March 15, 2004         Result of Exercise of Series I
                       Warrants

1 September 2005       Penawaran Umum Terbatas I
                                                             362.718.750                    100                    100         652.893.750
September 1, 2005      Limited Public Offering I

                       Hasil Pelaksanaan Konversi
5 Juni 2006            Waran Seri I
                                                              26.620.000                    100                    100          679.513.750
June 5, 2006           Result of Exercise of Series I
                       Warrants

30 April 2012          Penawaran Umum Terbatas II
                                                             339.756.875                    100                   677         1.019.270.625
April 30, 2012         Limited Public Offering II

                       Perubahan Nilai Nominal Sa-
19 Mei 2016            ham (Stock Split)
                                                                         -                   25                       -       4.077.082.500
May 19, 2016           Change in Nominal Value of
                       Shares (Stock Split)

                       Penambahan Modal Tanpa
                       Hak Memesan Efek Terlebih
21 September 2018
                       Dahulu                                150.000.000                     25                   233         4.227.082.500
September 21, 2018
                       Capital Increase without Pre-
                       emptive Rights

Catatan / Notes:
Perseroan melaksanakan Penawaran Umum Saham Perdana dan Penawaran Umum Terbatas I di Bursa Efek Surabaya. Sementara itu, pelaksa-
naan Penawaran Umum Terbatas II dilaksanakan di Bursa Efek Indonesia.
The Company conducted the Initial Public Offering and Limited Public Offering I on the Surabaya Stock Exchange. Meanwhile, the Limited Public
Offering II was conducted on the Indonesia Stock Exchange.




KRONOLOGI PENCATATAN EFEK LAINNYA
CHRONOLOGY OF OTHER SECURITIES LISTING
Perseroan tidak menerbitkan efek selain saham sehingga                   The Company did not issue securities other than shares,
informasi terkait kronologi pencatatan efek lainnya tidak                so information regarding the other securities listing
dapat diungkapkan dalam Laporan Tahunan ini.                             chronology cannot be disclosed in this Annual Report.




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AUDIT EKSTERNAL
EXTERNAL AUDIT


Perseroan menunjuk akuntan publik sebagai pihak inde-               The Company appoints public accountants as independent
pendent untuk melakukan pemeriksaan atau mengaudit                  parties to examine or audit the Financial Statements based
Laporan Keuangan berdasarkan standar akuntansi                      on the accounting standards determined by the Indonesian
yang telah ditentukan oleh Ikatan Akuntansi Indonesia.              Institute of Accountants. The Board of Commissioners
Penunjukan akuntan publik dilakukan Dewan Komisaris                 makes the appointment of public accountants through
melalui RUPS, dengan mempertimbangkan rekomendasi                   the General Meeting of Shareholders, taking into account
Komite Audit.                                                       the recommendations of the Audit Committee.



Penunjukan                                                          Appointment

Berikut adalah Kantor Akuntan Publik yang melakukan                 Below are the Public Accounting Firms that have audited
audit Laporan Keuangan selama 3 tahun terakhir:                     the Financial Statements over the last 3 years:




                                   Kantor Akuntan Publik 3 Tahun Terakhir
                                       Public Accounting Firms for the Last 3 Years
        Tahun            Kantor Akuntan Publik               Nama Akuntan                 Periode KAP          Biaya Jasa Audit
         Year            Public Accounting Firm             Accountant Name               KAP Period           Audit Service Fee

                      Paul Hadiwinata, Hidajat, Arsono,   Retno Dwi Andani SE,
        2023                                                                                   2023           Rp1.700.000.000
                      Retno, Palilingan dan Rekan         Ak, CPA, CA

                      Paul Hadiwinata, Hidajat, Arsono,   Retno Dwi Andani SE,
        2022                                                                                   2022           Rp1.555.000.000
                      Retno, Palilingan dan Rekan         Ak, CPA, CA

                      Paul Hadiwinata, Hidajat, Arsono,   Retno Dwi Andani SE,
        2021                                                                                   2021           Rp1.605.000.000
                      Retno, Palilingan dan Rekan         Ak, CPA, CA




                                                    Jasa Non Audit
                                                   Non Audit Services

                                   Pada tahun 2023, tidak terdapat jasa lain yang diberikan KAP.
                        In 2023, there were no other services provided by the Public Accounting Firm (KAP).




PT Rukun Raharja Tbk                                                                Annual Report 2023                          106
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                                   PROFIL PERUSAHAAN
                                   COMPANY PROFILE




NAMA & ALAMAT LEMBAGA DAN/ ATAU
PROFESI PENUNJANG PERUSAHAAN
NAMES & ADDRESSES OF COMPANY SUPPORTING
INSTITUTIONS AND/OR PROFESSIONS


                                       Nama Lembaga/
            Lembaga/ Profesi
                                            Profesi                  Alamat              Jasa Yang Diberikan                 Periode
     No    Institution/ Proffe-
                                      Institution Name/              Address              Services Provided                  Period
                   sion
                                          Profession
                                                              UOB Plaza Lt. 42, Jl.
                                                                                         Audit Laporan
                                    Paul Hadiwinata,          M.H. Thamrin Kav 8-10,
          Kantor Akuntan Publik                                                          Keuangan
 1                                  Hidajat, Arsono, Retno,   RT.9/RW.5, Gondangdia,                                          2023
          Public Accounting Firm                                                         Financial Statement
                                    Palilingan dan Rekan      Menteng, Central Jakar-
                                                                                         Audit
                                                              ta City, Jakarta 10350

                                                                                         Penyusunan Berita
                                                              Komplek Bina Marga II,     Acara Rapat Umum
          Notaris                                             Jl. Swakarsa V No. 57B,    Pemegang Saham
 2                                  Rini Yulianti, S.H.                                                                       2023
          Notary                                              Pondok Kelapa, Duren       Preparation of Minutes
                                                              Sawit, Jakarta Timur       of General Meeting of
                                                                                         Shareholders

                                                                                         Pencatatan Saham
          BAE
                                    Ficomindo Buana           Jl. Kiai Caringin No. 2A   Perusahaan
 3        Securities Administra-                                                                                              2023
                                    Registrar                 Cideng, Jakarta Pusat      Company Share
          tion Bureau
                                                                                         Registration




INFORMASI PADA WEBSITE PERUSAHAAN
INFORMATION ON THE COMPANY’S WEBSITE

Informasi terkait Perseroan dapat diperoleh oleh Pemegang                Shareholders and other stakeholders can obtain information
Saham dan pemangku kepentingan lainnya, melalui:                         related to the Company through:




                                                          Yuni Pattinasarani

                                                                                                        (+6221) 2929 1053

 Office Park Thamrin Residences
 Blok A No. 01-05
 Jl. Thamrin Boulevard                                                                                   corsec@raja.co.id
 Kel. Kebon Melati, Kec Tanah Abang
 Jakarta Pusat, 10230

                                                                                                          www.raja.co.id




Informasi mengenai aktivitas saham dan permodalan Perseroan,             Information about the Company’s stock activities and capital
dapat di akses melalui situs web Bursa Efek Indonesia (www.              can be accessed through the Indonesia Stock Exchange website
idx.co.id).                                                              (www.idx.co.id).




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Page 108
WEBSITE                                                              WEBSITE

Perseroan menyediakan website yang dapat dengan mudah                The Company provides a website that all stakeholders can easily
diakses oleh seluruh stakeholder yang beralamat di www.raja.         access: www.raja.co.id. The existence of the website is part of the
co.id Keberadaan website tersebut merupakan bagian dari              Company’s transparency initiative, enabling all stakeholders to
keterbukaan informasi yang dilakukan Perseroan, agar seluruh         access various information related to the Company. The Company’s
stakeholder dapat memperoleh berbagai informasi terkait              website provides information in both Indonesian and English.
dengan Perseroan. Website Perseroan menyajikan informasi
dalam Bahasa Indonesia dan Bahasa Inggris.


MEDIA SOSIAL                                                         SOCIAL MEDIA

Selain memiliki website, Perseroan juga memanfaatkan media           In addition to having a website, the Company also utilizes social
sosial sebagai sarana berkomunikasi dengan seluruh pemangku          media to communicate with all stakeholders. The Company’s
kepentingan. Adapun akun resmi Perusahaan di media sosial yaitu:     official accounts on social media are as follows:




       @rukun.raharja                               @rukun.raharja                               @rukun.raharja




PT Rukun Raharja Tbk                                                                Annual Report 2023                             108
Page 109
                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




PENGHARGAAN DAN SERTIFIKASI
AWARDS AND CERTIFICATIONS



Komitmen RAJA terhadap keberlanjutan mendapatkan
apresiasi dari berbagai pihak eksternal. Hal ini membuktikan
bahwa pengelolaan keberlanjutan Perusahaan telah
berjalan dengan baik dan tepat sasaran. Sepanjang tahun
2023, RAJA menerima apresiasi dan penghargaan terkait
keberlanjutan sebagai berikut:



RAJA’s commitment to sustainability has been appreciated
by various external parties. This proves that the Company’s
sustainability management has been carried out well and
on target. Throughout 2023, RAJA received appreciation
and awards related to sustainability as follows:




                                                                                     Penghargaan
                                                                               Best Energy Companies
                                                                  Kategori Best Integrated Gas Distribution Company
                                                                            CNBC Indonesia Awards 2023
                                                                        Diberikan Kepada PT Rukun Raharja
                                                                          The Best Energy Companies Award in the
                                                                     Best Integrated Gas Distribution Company category
                                                                                CNBC Indonesia Awards 2023
                                                                                Awarded to PT Rukun Raharja




                Penghargaan Kecelakaan Nihil                   Penghargaan Program Pencegahan dan penanggulangan
      Kementerian Ketenagakerjaan Republik Indonesia                  COVD-19 di Tempat Kerja dengan kategori
Dalam melaksanakan program Keselamatan dan Kesehatan                                    “GOLD”
   Kerja (K3) sehingga mencapai 315.458 Jam Kerja Orang           Kementerian Ketenagakerjaan Republik Indonesia
                    tanpa Kecelakaan Kerja                                        Diberikan kepada
                       Diberikan kepada                               PT Energasindo Heksa Karya (Field Jambi)
          PT Energasindo Heksa Karya (Field Jambi)              The “COVID-19 Prevention and Mitigation Program in the
The “Zero Accident” Award from the Ministry of Manpower of     Workplace” Award in the “GOLD” category from the Ministry
                   the Republic of Indonesia                           of Manpower of the Republic of Indonesia
  In implementing the Occupational Safety and Health (K3)        Awarded to PT Energasindo Heksa Karya (Field Jambi)
 program, resulting in reaching 315,458 Person-Work Hours
                 without Workplace Accidents
    Awarded to PT Energasindo Heksa Karya (Field Jambi)




109                     Laporan Tahunan 2023                                                    PT Rukun Raharja Tbk
Page 110
                     Penghargaan                             Penghargaan Sistem Manajemen Keselamatan dan
   Program CSR terbaik kategori Social Development                          Kesehatan Kerja
                  Bidang Pendidikan                          Kementerian Ketenagakerjaan Republik Indonesia
           Anugerah CSR IDX Channel 2023                                    Diberikan Kepada
          Diberikan Kepada PT Rukun Raharja                           PT Energasindo Heksa Karya
 The Best CSR Program Award in the Social Development
            category for the Education Field             The “Occupational Safety and Health Management Systems”
            CSR -IDX Channel 2023 Awards                   Award from the Ministry of Manpower of the Republic of
             Awarded to PT Rukun Raharja                                         Indonesia
                                                                  Awarded to PT Energasindo Heksa Karya




    Penghargaan Best Contractor High Risk Category                      Penghargaan Kecelakaan Nihil
                  Diberikan kepada                             Kementerian Ketenagakerjaan Republik Indonesia
            PT Triguna Internusa Pratama                 Dalam melaksanakan program Keselamatan dan Kesehatan
                                                           Kerja (K3) sehingga mencapai 240.760 Jam Kerja Orang
   The Best Contractor Award in the High-Risk category                      tanpa Kecelakaan Kerja
        Awarded to PT Triguna Internusa Pratama                                Diberikan Kepada
                                                                    PT Energasindo Heksa Karya, Banten
                                                         The “Zero Accident” Award from the Ministry of Manpower of
                                                                           the Republic of Indonesia
                                                           In implementing the Occupational Safety and Health (K3)
                                                          program, resulting in reaching 240,760 Person-Work Hours
                                                                         without Workplace Accidents
                                                                Awarded to PT Energasindo Heksa Karya, Banten




PT Rukun Raharja Tbk                                                  Annual Report 2023                       110
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                             PROFIL PERUSAHAAN
                             COMPANY PROFILE




Pengelolaan keberlanjutan di lingkungan Perseroan
menerapkan praktik-praktik terbaik sesuai peraturan
perundang-undangan yang berlaku dan mengacu pada
standar sistem manajemen internasional, di antaranya:



Sustainability management within the Company’s
environment implements best practices in accordance
with applicable laws and regulations and international
management system standards, including:




                                                            Sertifikasi SNI ISO 45001:2018 Occupational Health
                                                           and Safety Management Systems – Requirements with
                                                                              guidance for use
                                                                        Penyelenggara: PT Sucofindo
                                                                     Periode: 18 Mei 2021 – 17 Mei 2024

                                                           SNI ISO 45001:2018 Occupational Health and Safety
                                                         Management Systems - Requirements with guidance for use
                                                                              Certification
                                                                         Provider: PT Sucofindo
                                                                   Period: May 18, 2021 – May 17, 2024




      Sertifikasi SNI ISO 9001:2015 Quality Management   Sertifikasi SNI ISO 14001:2015 Environmental Management
                    Systems - Requirements                      Systems - Requirements with guidance for use
                  Penyelenggara: PT Sucofindo                            Penyelenggara: PT Sucofindo
           Periode: 18 Mei 2021 – 03 Desember 2023                Periode: 18 Mei 2021 – 03 Desember 2023

       SNI ISO 9001:2015 Quality Management Systems -     SNI ISO 14001:2015 Environmental Management Systems
                  Requirements Certification                 -Requirements with guidance for use Certification
                     Provider: PT Sucofindo                                Provider: PT Sucofindo
            Period: May 18, 2021 – December 3, 2023               Period: May 18, 2021 – December 3, 2023




111                     Laporan Tahunan 2023                                          PT Rukun Raharja Tbk
Page 112
  Sertifikat Kualifikasi/ Contractor Safety Management                          Sertifikasi Laik Operasi
                      System (CSMS)                                                 Penyelenggara:
Penyelenggara: PT Indonesia Power PLTGU Cilegon Periode:                    PT Serkolinas Aman Nusantara
              28 Januari 2021-10 Januari 2023                              Periode: 18 Juli 2019-18 Juli 2034

 Qualification Certificate / Contractor Safety Management                 Operational Worthiness Certification
                       System (CSMS)                                    Provider: PT Serkolinas Aman Nusantara
        Provider: PT Indonesia Power PLTGU Cilegon                         Period: July 18, 2019 - July 18, 2034
         Period: January 28, 2021 - January 10, 2023




Sertifikat Sistem manajemen Keselamatan dan Kesehatan            Sertifikat Kualifikasi/ Contractor Safety Management
                       Kerja (SMK3)                                                  System (CSMS)
Pemberi sertifikat: Kementerian Ketenagakerjaan Republik       Penyelenggara: PT Indonesia Power PLTGU Cilegon Periode:
    Indonesia Periode: 29 Maret 2019 - 29 Maret 2023                         28 Januari 2021-10 Januari 2023

  Occupational Health and Safety Management System              Qualification Certificate / Contractor Safety Management
                      (SMK3) Certificate                                              System (CSMS)
Certificate Issuer: the Ministry of Manpower of the Republic           Provider: PT Indonesia Power PLTGU Cilegon
                         of Indonesia                                   Period: January 28, 2021 - January 10, 2023
          Period: March 29, 2019 - March 29, 2023




PT Rukun Raharja Tbk                                                       Annual Report 2023                        112
Page 113
                           PROFIL PERUSAHAAN
                           COMPANY PROFILE




 Sertifikasi ISO 9001:2015 Quality Management Systems         Sertifikasi ISO 21500:2018 Guidance on Project
       Penyelenggara: Royal Impact Certification Ltd                            Management
        Periode: 12 Oktober 2023 – 11 Oktober 2026           Penyelenggara: PT. Mutiara Manajemen Sertifikasi
                                                                Periode: 12 Oktober 2023 – 11 Oktober 2026
ISO 9001:2015 Quality Management Systems Certification
         Provider: Royal Impact Certification Ltd            ISO 21500:2018 Guidance on Project Management
       Period: October 12, 2023 – October 11, 2026                              Certification
                                                                Provider: PT. Mutiara Manajemen Sertifikasi
                                                                Period: October 12, 2023 – October 11, 2026




  Sertifikasi ISO 14001:2015 Enviromental Management     Sertifikasi ISO 45001:2015 Occupational Health and Safety
                         Systems                                             Management Systems
     Penyelenggara: Royal Impact Certification Ltd              Penyelenggara: Royal Impact Certification Ltd
       Periode: 12 Oktober 2023 – 11 Oktober 2026                 Periode: 12 Oktober 2023 – 11 Oktober 2026

  ISO 14001:2015 Environmental Management Systems             ISO 45001:2015 Occupational Health and Safety
                     Certification                                  Management Systems Certification
        Provider: Royal Impact Certification Ltd                  Provider: Royal Impact Certification Ltd
       Period: October 12, 2023 – October 11, 2026              Period: October 12, 2023 – October 11, 2026




113                   Laporan Tahunan 2023                                             PT Rukun Raharja Tbk
Page 114
PT Rukun Raharja Tbk   Annual Report 2023   114
Page 115
              PROFIL PERUSAHAAN
              COMPANY PROFILE




PERISTIWA PENTING TAHUN 2023
SIGNIFICANT EVENTS OF 2023




                                  25 Januari 2023
                                  January 25, 2023

                                  Penandatanganan Perjanjian Kontrak Berbagi Produksi
                                  (PSC) Blok Jabung Tengah
                                  Signing of the Production Sharing Contract Agreement
                                  (PSC) of Jabung Tengah Block




                                  6 Maret 2023
                                  March 6, 2023

                                  Proyek konstruksi stasiun induk CNG di Grobogan
                                  CNG mother station construction project in Grobogan




                                  4 Mei 2023
                                  May 4,2023

                                  Proyek konstruksi pipa gas di PT Indah Kiat Pulp &
                                  Paper (IKPP)
                                  Gas pipeline construction project in PT Indah Kiat
                                  Pulp & Paper (IKPP)




115       Laporan Tahunan 2023                              PT Rukun Raharja Tbk
Page 116
                       29 Mei 2023
                       May 29,2023

                       Pendistribusian dividen sebesar Rp67 miliar
                       Distributing dividend at the amount of Rp67 billion




                       7 Juni 2023
                       June 7, 2023

                       Hak Partisipasi (Participating Interest/PI) dalam blok
                       minyak dan gas di wilayah Sumatera
                       Participating Interest (PI) in oil and gas blocks in
                       Sumatera area




                       31 Juli 2023
                       July 31, 2023

                       Mendapatkan fasilitas kredit dari Bank Mandiri
                       sebesar USD25,8 juta
                       Obtaining credit facility from Bank Mandiri amounting
                       to USD 25.8 million




PT Rukun Raharja Tbk           Annual Report 2023                        116
Page 117
          PROFIL PERUSAHAAN
          COMPANY PROFILE




                              4 September 2023
                              September 4, 2023

                              Penandatanganan MoU dengan PT Moriuchi Indonesia
                              mengenai Studi Kelayakan (FS) Biogas di Bandung
                              Signing MoU with PT Moriuchi Indonesia regarding
                              the biogas Feasibility Study (FS) in Bandung)




                              31 Oktober 2023
                              October 31, 2023

                              Menerima penghargaan “Perusahaan Distribusi Gas
                              Terintegrasi Terbaik” dari CNBC Indonesia
                              Receiving “Best Integrated Gas Distribution Company”
                              award from CNBC Indonesia




                              12 Desember 2023
                              December 12, 2023

                              Menerima penghargaan “Program CSR dalam kategori
                              Pengembangan Sosial di bidang Pendidikan” dari BEI
                              Receiving “CSR program in the Social Development
                              category in the field of Education” award from IDX




117   Laporan Tahunan 2023                              PT Rukun Raharja Tbk
Page 118
                       20 Desember 2023
                       December 20, 2023

                       First gas-in dalam Proyek IKPP
                       First gas-in in IKPP Project




                       29 Desember 2023
                       December 29, 2023

                       Finalisasi transaksi 8% PI dalam blok minyak dan
                       gas di Blok Jabung
                       Finalizing transaction 8% of PI in oil and gas blocks
                       in Jabung Block




                       29 Desember 2023
                       December 29, 2023

                       Mengoperasikan stasiun induk CNG kedua di
                       Grobogan
                       Operating the second CNG mother station in Grobogan




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Page 119

          
Page 120
          04
  ANALISIS DAN
  PEMBAHASAN
   MANAJEMEN
MANAGEMENT DISCUSSION
         AND ANALYSIS
Page 121
                                      ANALISIS DAN PEMBAHASAN MANAJEMEN
                                      MANAGEMENT DISCUSSION AND ANALYSIS




TINJAUAN EKONOMI
ECONOMIC REVIEW


Dalam situasi ekonomi global yang melambat dan penuh           Indonesia’s economy continues to grow strongly and
ketidakpastian, perekonomian Indonesia tetap tumbuh            steadily in a global economic situation that is slowing
kuat dan stabil. Meskipun berangkat dari basis yang tinggi     down and full of uncertainty. Despite starting from a
(high base) pada 2022, perekonomian Indonesia tetap            high base in 2022, Indonesia’s economy still managed
berhasil mencatatkan pertumbuhan yang kuat sebesar             to achieve robust growth of 5.04% (yoy) in the fourth
5,04% (yoy) pada triwulan IV-2023 dan 5,05% untuk              quarter of 2023 and 5.05% for the whole year of 2023.
keseluruhan tahun 2023. APBN berperan sebagai shock            The state budget (APBN) plays a crucial role as a shock
absorber krusial dalam menjaga daya beli masyarakat.           absorber in maintaining purchasing power for society. The
Pemerintah merespons secara timely tanda-tanda per-            government responded promptly to signs of economic
lambatan ekonomi yang terjadi sebagai dampak dari              slowdown due to global weakening in the third quarter of
pelemahan global pada triwulan III-2023, melalui paket         2023 through policy packages issued by the government
kebijakan yang dikeluarkan oleh Pemerintah di awal             at the beginning of the fourth quarter of 2023.
triwulan IV-2023.

Tidak hanya kuat, ekonomi juga tumbuh berkualitas.             The economy was not only strong but also grew with
Hal ini tercermin dari pertumbuhan ekonomi yang turut          quality. This is reflected in economic growth, which also
mendorong penurunan pengangguran dan kemiskinan.               contributed to reducing unemployment and poverty rates.
Pemulihan ekonomi mampu menciptakan lapangan                   Economic recovery created job opportunities that reduced
kerja yang mampu menurunkan tingkat pengangguran               the open unemployment rate to 5.32% in August 2023,
terbuka (TPT) menjadi 5,32% pada Agustus 2023 atau             down by 0.54% compared to August 2022. Strengthening
turun sebesar 0,54% dibanding Agustus 2022. Aktivitas          economic activities also decreased the poverty rate from
ekonomi yang menguat juga telah mendorong penurunan            9.54% (March 2022) to 9.36% in 2023.
tingkat kemiskinan dari 9,54% (Maret 2022) menjadi
9,36% di tahun 2023.

Konsumsi masyarakat sebagai kontributor utama per-             Consumer spending, the main contributor to the econ-
ekonomian, tumbuh 4,47% pada triwulan IV-2023,                 omy, grew by 4.47% in the fourth quarter of 2023 or by
atau tumbuh 4,82% sepanjang tahun 2023. Daya beli              4.82% throughout 2023. Maintaining purchasing power
masyarakat yang tetap terjaga dengan tingkat inflasi           with controlled inflation rates is one important factor in
yang terkendali menjadi salah satu faktor penting dalam        maintaining consumer spending. Consumption by Non-
menjaga konsumsi masyarakat. Konsumsi Lembaga Non-             Profit Institutions Serving Households (LNPRT) surged,
Profit yang Melayani Rumah Tangga (LNPRT) melonjak             growing by 18.11% in the fourth quarter of 2023 and
tinggi, tumbuh 18,11% pada triwulan IV-2023, dan 9,83%         9.83% throughout 2023. This is closely related to the
sepanjang 2023. Hal ini terkait erat dengan penyeleng-         organization of the 2024 General Elections.
garaan Pemilu 2024.

Sektor manufaktur tumbuh positif 4,07% pada triwulan           The manufacturing sector grew positively by 4.07% in
IV dan 4,64% sepanjang tahun 2023. Permintaan domes-           the fourth quarter and 4.64% throughout 2023. Strong
tik maupun global yang masih kuat atas produk eskpor           domestic and global demand for Indonesian export prod-
Indonesia menjadi penopang pertumbuhan sektor terse-           ucts supported the growth of this sector, especially in
but, terutama pada produk industri logam dasar, barang         basic metal industries, metal goods, and transportation
logam, dan alat angkutan. Sejalan dengan pertumbuhan           equipment. Along with the growth of the manufacturing
sektor manufaktur, sektor perdagangan juga tumbuh              sector, the trade sector also grew positively by 4.09% in
positif sebesar 4,09% pada triwulan IV atau tumbuh             the fourth quarter or by 4.85% throughout 2023. This
4,85% sepanjang tahun 2023. Pertumbuhan tersebut               growth was driven by increased domestic goods trade
didorong oleh peningkatan aktivitas perdagangan barang         activities and motorcycle sales.
domestik dan penjualan sepeda motor.




121                    Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 122
TINJAUAN INDUSTRI
INDUSTRY REVIEW


Pada tahun 2023 lalu, target lifting migas dalam APBN       In the past year of 2023, the target for Oil and gas lifting
ditetapkan sebesar 660.000 barel per hari atau barrel       in the state budget was set at 660,000 barrels of oil
oil per day (BOPD) untuk minyak mentah dan sebesar          per day (BOPD) for crude oil and 1,100,000 barrels of oil
1.100.000 barel setara minyak per hari atau barrel oil      equivalent per day (BOEPD) for natural gas. However,
equivalent per day (BOEPD) untuk gas bumi. Namun            until the end of December 2023, the realization of crude
sampai dengan akhir Desember tahun 2023, realisasi          oil lifting reached only 605,500 BOPD, and the realiza-
lifting minyak mentah hanya mencapai 605.500 BOPD           tion of natural gas lifting reached only 964,000 BOEPD.
dan realisasi lifting gas bumi hanya mencapai 964.000       The positive achievement was obtained in the Reserves
BOEPD. Raihan positif didapatkan pada tingkat Reserves      Replacement Ratio (RRR), which was the ratio between
Replacement Ratio (RRR) atau rasio antara cadangan          newly obtained oil and gas reserves and produced oil
migas baru yang didapatkan dengan cadangan migas            and gas reserves, where, throughout the year 2023, it
yang diproduksikan, di mana sepanjang tahun 2023            reached 123.5%. In the State Budget for the Fiscal Year
mencapai 123,5%. Dalam APBN Tahun Anggaran 2024,            2024, the Indonesian House of Representatives (DPR
DPR RI dan pemerintah menyepakati target lifting minyak     RI) and the government agreed on a target of 635,000
mentah sebesar 635.000 BOPD dan target lifting gas          BOPD for crude oil lifting and 1,033,000 BOEPD for
bumi sebesar 1.033.000 BOEPD.                               natural gas lifting.

Penurunan lifting migas pada tahun 2023 lalu disebab-       Several factors caused the decrease in oil and gas lifting
kan oleh beberapa faktor, yaitu pertama, keterlambatan      in 2023. Firstly, the delay in oil and gas production in
produksi migas di beberapa proyek besar dari beberapa       several major projects by several Contractors Cooperation
Kontraktor Kontrak Kerja Sama (KKKS). Kedua, mewa-          Contracts (KKKS). Secondly, the COVID-19 pandemic,
bahnya COVID-19 (yang kemudian ditetapkan sebagai           which began at the end of 2019 until the end of 2022,
pandemi) sejak akhir tahun 2019 sampai dengan akhir         led to most KKKS having to readjust their operations in
tahun 2022 yang membuat sebagian besar KKKS harus           their respective oil and gas working areas (WK). Thirdly,
melakukan penyesuaian ulang di Wilayah Kerja (WK) migas     the reduction in workforce due to the COVID-19 pandemic
masing-masing. Ketiga, pengurangan tenaga kerja akibat      resulted in inefficiency in field activities (upstream),
pandemi Covid-19 yang membuat kegiatan di lapangan          such as delays in upstream activities of 1 to 5 weeks
(hulu) menjadi tidak efisien, seperti penundaan kegiatan    from the original plan. Fourthly, since 2019, the demand
hulu hingga 1 sampai dengan 5 minggu dari rencana           for fuel, including natural gas, has decreased as public
awal. Keempat, beberapa tahun terakhir sejak tahun          awareness of health and environmental cleanliness (clean
2019, permintaan (konsumsi) terhadap BBM termasuk           air) has increased. Lastly, some oil wells managed by
gas bumi menurun, seiring dengan meningkatnya kes-          KKKS are 25-50 years old, making their production no
adaran masyarakat terhadap kesehatan dan kebersihan         longer optimal.
lingkungan (clean air). Terakhir, beberapa sumur migas
yang dikelola oleh KKKS ada yang sudah berumur 25-50
tahun sehingga produksi tidak dapat lagi optimal.

Terkait dengan lifting migas, SKK Migas menjelaskan         Regarding oil and gas lifting, the Special Task Force for
bahwa realisasi investasi migas di hulu untuk semes-        Oil and Gas (SKK Migas) explained that the realization of
ter I tahun 2023 mencapai USD5,7 miliar. Sedangkan          upstream oil and gas investment for the first semester
realisasi satu tahun (2023) mencapai USD15,5 miliar         of 2023 reached USD5.7 billion. Meanwhile, the realiza-
di mana pada Desember tahun 2023 merupakan yang             tion for the whole year (2023) reached USD15.5 billion,
tertinggi, yaitu sebesar USD2,571 miliar. Tahun 2022 lalu   with December 2023 being the highest at USD2.571
realisasi investasi migas di hulu hanya sebesar USD12,1     billion. In 2022, the realization of upstream oil and gas
miliar. Salah satu solusi untuk menjaga kestabilan atau     investment was only USD12.1 billion. One solution to
meningkatkan produksi migas ke depan adalah dengan          maintain stability or increase oil and gas production in
penggunaan teknologi enhanced oil recovery (EOR) terh-      the future is through the use of enhanced oil recovery
adap sumur migas yang relatif tua. Namun, tidak semua       (EOR) technology for relatively old oil wells. However, not
KKKS merencanakan EOR sejak awal produksi (setelah          all KKKS planned EOR from the beginning of production
eksplorasi). Akibatnya, biaya untuk EOR menjadi mahal       (after exploration). As a result, the cost of EOR becomes
dan menambah beban perusahaan.                              expensive and adds to the Company’s burden.




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                   ANALISIS DAN PEMBAHASAN MANAJEMEN
                   MANAGEMENT DISCUSSION AND ANALYSIS




123   Laporan Tahunan 2023                              PT Rukun Raharja Tbk
Page 124
TINJAUAN OPERASIONAL
OPERATIONAL REVIEW


Tinjauan operasional dalam Laporan Tahunan Perusahaan           The operational review in the Company’s Annual Report
disajikan berdasarkan pada pengelompokan jenis oper-            is presented based on the categorization of the types of
asional usaha yang dijalankan Perseroan, yakni:                 business operations carried out by the Company, namely:

1.   Lifting minyak dan gas;                                    1.    Lifting oil and gas;
2.   Bidang Usaha Pengangkutan gas, Kompresi Gas,               2.    Business fields include gas transportation, Gas
     Pemeliharaan dan Pengoperasian Infrastruktur Gas,                Compression, Maintenance and Operation of Gas
     Air Bersih, Penyaluran fasilitas terminal LPG, dan               Infrastructure, Clean Water, LPG terminal facility
     Permodalan dalam Perusahaan Lain.                                distribution, and Investment in Other Companies.
3.   Perdagangan gas alam dan CNG;                              3.    Trading of natural gas and CNG;

Kegiatan usaha tersebut dijalankan Perseroan di beberapa        These business activities are conducted by the Company
wilayah, di antaranya DKI Jakarta, Banten, Jawa Tengah,         in several regions, including DKI Jakarta, Banten, Central
Jawa Timur, Jawa Barat, Jambi, Riau, Cilegon, dan Rembang       Java, East Java, West Java, Jambi, Riau, Cilegon, and
dengan rincian kinerja sebagai berikut:                         Rembang, with detailed performance as follows:



Produktivitas per Segmen
Productivity per Segment

 Segmen       Uraian                        Satuan          YoY 2022-2023
                                                                                       2023           2022         2021
 Segment      Description                   Unit
                                                            %          Nominal

              Jasa Kompresi
                                            MSCF            -18,08%    (2.214.749)    10.037.307    12.252.056    10.074.714
              Compression Services

              Penyaluran Air Bersih
                                            M3               -7,11%      (103.401)      1.351.411     1.454.812    1.436.164
              Clean Water Distribution
 Midstream
              Terminal LPG
                                            Kg               6,44%     10.643.880    175.847.190    165.203.310    7.087.240
              LPG Terminal

              Jasa Pengangkutan Gas
                                            MSCF             -4,61%     (555.777)     11.500.412     12.056.189   10.815.934
              Gas Transportation Services

              Perdagangan Gas
                                            MMBTU           -6,86%      (965.633)     13.100.904    14.066.537    12.398.093
              Gas Trading

              Perdagangan CNG
 Downstream                                 MMBTU           67,42%        299.916       744.744        444.827      146.608
              CNG Trading

              Jasa Pengangkutan Gas
                                            MSCF             -6,71%     (649.032)     9.028.619       9.677.651    7.299.039
              Gas Transportation Services




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                                      ANALISIS DAN PEMBAHASAN MANAJEMEN
                                      MANAGEMENT DISCUSSION AND ANALYSIS




BIDANG USAHA KOMPRESI GAS, PENGANGKUTAN                           BUSINESS SECTORS GAS COMPRESSION,GAS
GAS, DISTRIBUSI AIR BERSIH DAN FASILITAS                          TRANSPORTATION, CLEAN WATER DISTRIBUTION
TERMINAL LPG                                                      AND LPG TERMINAL FACILITIES

Bidang usaha jasa kompresi gas dijalankan Perseroan               The gas compression business sector is conducted by
melalui PT Triguna Internusa Pratama, dengan mengelola            the Company through PT Triguna Internusa Pratama,
operasional 4 kompresor gas yang saat ini disewakan               managing the operation of 4 gas compressors currently
kepada pembangkit listrik di wilayah Cilegon.                     leased to power plants in the Cilegon area.

Pengangkutan gas melalui PT Triguna Internusa Pratama             Gas transportation through PT Triguna Internusa Pratama
yang bekerja sama dengan PT Petrogas Jatim Utama (PJU)            in collaboration with PT Petrogas Jatim Utama (PJU) carried
yang dilaksanakan melalui konsep Bangun, Operasi dan              out through the build-operate-transfer (BOT) concept for
Serah dalam rangka penyaluran gas ke PT Pembangkit                the distribution of gas to PT Pembangkit Jawa Bali through
Jawa Bali melalui pipa sepanjang ± 20 Km.                         pipelines spanning approximately ±20 km.

Pada tahun 2023, melalui PT Triguna Internusa Pratama,            In 2023, through PT Triguna Internusa Pratama, the
Perusahaan mencatatkan penurunan pendapatan melalui               Company decreased revenues through the decreased
penurunan volume beberapa usaha yang meliputi: usaha              volume of several businesses, including the clean water
Penyaluran Air Bersih (PT Bravo Delta Persada) di Bandung         distribution business (PT Bravo Delta Persada) in West
Barat, Jawa Barat, serta pendapatan dari usaha LPG                Bandung, West Java, as well as revenues from the LPG
terminal melalui PT Heksa Energi Mitraniaga di Rembang,           terminal business through PT Heksa Energi Mitraniaga
Jawa Tengah.                                                      in Rembang, Central Java.


Volume Kompresi Gas
                                                                                                                 Dalam MSCF
Gas Compression Volume                                                                                               In MSCF



  Segmen        Uraian                                  YoY 2022-2023
                                                                                      2023         2022            2021
  Segment       Description                             %             Nominal

                Cilegon, Banten
 Midstream                                              -18,08%        (2.214.749)   10.037.307    12.252.056     10.074.714
                Cilegon, Banten

 Jumlah
 Total                                                  -18,08%        (2.214.749)   10.037.307     12.252.056     10.074.714




Tercatat hingga akhir tahun 2023, volume kompresi gas             Until the end of 2023, the gas compression volume
mencapai 10,04 juta MSCF, atau mengalami penurunan                reached 10.04 million MSCF, experiencing an 18.08%
sebesar 18,08% atau 2,21 juta MSCF, dibandingkan tahun            decrease or 2.21 million MSCF, compared to 12.25 million
2022 yang tercatat sebesar 12,25 juta MSCF. Sepanjang             MSCF recorded in 2022. Throughout 2023, compressor
tahun 2023 penyewaan kompresor berhasil memberikan                rentals consistently performed well for the Company’s
performa yang konsisten kepada mitra usaha Perseroan.             business partners.




125                    Laporan Tahunan 2023                                                       PT Rukun Raharja Tbk
Page 126
Volume Penyaluran Air Bersih
                                                                                                                 Dalam M3
Clean Water Distribution Volume                                                                                      In M3



  Segmen       Uraian                          YoY 2022-2023
                                                                             2023            2022              2021
  Segment      Description                    %             Nominal

               Cijanggel, Jawa Barat
 Midstream                                        -7,11%      (103.401)        1.351.411          1.454.812     1.436.164
               Cijanggel, West Java

 Jumlah
 Total                                            -7,11%      (103.401)        1.351.411          1.454.812      1.436.164




Hingga 31 Desember 2023, Perseroan berhasil mencatatkan         Until December 31, 2023, the Company recorded a clean
volume penyaluran air bersih sebesar 1,35 juta m3 atau          water distribution volume of 1.35 million m3, experiencing
mengalami penurunan sebesar 7,11% dibandingkan                  an decrease of 7.11% compared to 2022.
tahun 2022.



Volume Fasilitas Terminal LPG                                                                                    Dalam Kg
LPG Terminal Facilities Volume                                                                                       In Kg



  Segmen       Uraian                          YoY 2022-2023
                                                                             2023             2022             2021
  Segment      Description                    %             Nominal

               Rembang, Jawa Tengah
 Midstream                                        6,44%      10.643.880      175.847.190     165.203.310        7.087.240
               Rembang, Central Java

 Jumlah
 Total                                            6,44%      10.643.880      175.847.190      165.203.310        7.087.240




Pada tahun 2023, Perseroan berhasil mencatatkan                 In 2023, the Company recorded increase in the volume
peningkatan pada volume fasilitas terminal LPG. Tercatat        of LPG terminal facilities. It was noted that there was
pada tahun ini terjadi peningkatan fasilitas terminal LPG       an 6,44% increase in LPG terminal facilities volume to
sebesar 6,44% menjadi 175,85 juta Kg pada tahun 2023.           175.85 million Kg in 2023.



BIDANG USAHA PENGANGKUTAN GAS                                   GAS TRANSPORTATION BUSINESS SECTOR

Bidang usaha pengangkutan gas dijalankan Perseroan              The Company conducts the gas transportation business
melalui PT Energasindo Heksa Karya (downstream) dan             sector through PT Energasindo Heksa Karya and PT Triguna
PT Triguna Internusa Pratama (midstream). Pada tahun            Internusa Pratama. In 2023, through PT Energasindo Heksa
2023, melalui PT Energasindo Heksa Karya, Perseroan             Karya, the Company successfully achieved excellent
berhasil memberikan kinerja yang cemerlang dengan               performance by increasing revenues through the gas
keberhasilannya meningkatkan pendapatan melalui                 transportation business (PT Majuko Utama Indonesia)
bidang usaha pengangkutan gas (PT Majuko Utama                  in the Banten region.
Indonesia) di wilayah Banten.




PT Rukun Raharja Tbk                                                         Annual Report 2023                       126
Page 127
                                        ANALISIS DAN PEMBAHASAN MANAJEMEN
                                        MANAGEMENT DISCUSSION AND ANALYSIS




Volume Transportasi Gas
                                                                                                                      Dalam MSCF
Gas Transportation Volume                                                                                                 In MSCF



Segmen          Uraian                        YoY 2022-2023
                                                                              2023              2022                 2021
Segment         Description                   %             Nominal

                Gresik, Jawa Timur
Midstream                                     -4,61%        (555.777)          11.500.412          12.056.189         10.815.934
                Gresik, East Java

                Jambi dan Riau
                                              -7,84%         (497.372)         5.845.616           6.342.988           5.752.934
                Jambi and Riau
Downstream
                Jawa Barat dan Banten
                                              -4,55%         (151.660)         3.183.002           3.334.663            1.546.105
                West Java and Banten

Jumlah
Total                                         -5,54%        (1.204.810)       20.529.030           21.733.840          18.114.973




BIDANG USAHA PERDAGANGAN GAS ALAM                                     NATURAL GAS AND CNG TRADING BUSINESS
DAN CNG                                                               SECTOR

Perseroan menjalankan bidang usaha perdagangan gas                    The Company conducts a natural gas trading business
melalui PT Energasindo Heksa Karya yang beroperasi                    through PT Energasindo Heksa Karya, which operates
di wilayah Jambi, Jawa Barat, dan Banten. Pada tahun                  in the regions of Jambi, West Java, and Banten. In 2023,
2023, melalui PT Energasindo Heksa Karya. Perseroan                   through PT Energasindo Heksa Karya. The Company
mencatatkan penurunan pendapatan dari usaha                           recorded an decrease in revenues from the gas trading
perdagangan gas, dengan penurunan volume pendapatan                   business, with an decrease in revenue volume compared
dibandingkan tahun sebelumnya sebesar 6,74% di                        to the previous year by 6.74% in the Jambi and Riau region
wilayah Jambi dan Riau, dan 7,10% di wilayah Jawa Barat               and 7.10% in the West Java and Banten regions.
dan Banten.


Volume Perdagangan Gas                                                                                              Dalam MMBTU
Gas Trading Volume                                                                                                      In MMBTU



  Segmen       Uraian                             YoY 2022-2023
                                                                                 2023              2022               2021
  Segment      Description                        %            Nominal

               Jambi dan Riau
                                                  -6,74%         (619.736)         8.350.201         9.194.952         8.304.099
               Jambi and Riau
Downstream
               Jawa Barat dan Banten
                                                   -7,10%       (345.897)          4.525.688         4.871.585         4.093.994
               West Java and Banten

Total                                             -6,86%        (965.633)         13.100.904        14.066.537        12.398.093



Pada tahun 2023, volume perdagangan gas mencapai                     In 2023, the gas trading volume reached 13.10 million
13,10 juta MMBTU, mengalami penurunan 6,86% atau                     MMBTU, experiencing an 6.86% decrease or 965.63
965,63 ribu MMBTU jika dibandingkan tahun 2022                       thousand MMBTU compared to 14.07 million MMBTU
yang tercatat sebesar 14,07 juta MMBTU. Hal tersebut                 recorded in 2022. This was mainly influenced by decrease
terutama dipengaruhi oleh penurunan pada penyerapan                  in gas absorption both in the Jambi region and the industrial
gas baik di wilayah Jambi maupun wilayah industri Jawa               areas of West Java and Banten.
Barat dan Banten.




127                    Laporan Tahunan 2023                                                           PT Rukun Raharja Tbk
Page 128
Tercatat pada tahun 2023, volume pengangkutan            It was recorded that in 2023, the Company’s gas transpor-
gas Perseroan menurun 5,54% atau 1,20 juta MSCF          tation volume decreased by 5.54% or 1.20 million MSCF
dibandingkan tahun sebelumnya sebanyak 21,73 juta        compared to the previous year, from 21.73 million MSCF
MSCF di tahun 2022 menjadi 20,53 juta MSCF di tahun      in 2022 to 20.53 million MSCF in 2023. This decrease is
2023. Penurunan ini utamanya merupakan hasil penurunan   mainly due to decreased gas absorption in Jambi,Riau,
penyerapan gas di Jambi, Riau, Jawa Barat dan Banten,    West Java and Banten, and Gresik, East Java.
serta Gresik, Jawa Timur.



Volume Perdagangan CNG
                                                                                                        Dalam MMBTU
CNG Trading Volume                                                                                          In MMBTU



  Segmen      Uraian                           YoY 2022-2023
                                                                           2023           2022            2021
  Segment     Description                     %          Nominal

              Jawa Barat dan Banten
                                               72,54%      306.322           728.630          422.308       138.855
              West Java and Banten

              Jawa Timur
                                                               10.540         10.540                -             -
              East Java

              DKI Jakarta
Downstream                                      7,50%             313          4.486            4.173             -
              DKI Jakarta

              Jawa Tengah
                                              -82,99%          (5.305)          1.088           6.393         7.753
              Central Java

              Jambi
                                              -100,00%      (11.954)                -          11.954             -
              Jambi

Jumlah
Total                                          67,42%      299.916           744.744          444.827       146.608




Pada tahun 2023, Perseroan mencatatkan peningkatan       In 2023, the Company recorded a significant increase in
yang sangat signifikan pada volume perdagangan CNG       CNG trading volume by 299,916 MMBTU, or an 67.42%
sebesar 299.916 MMBTU, atau mengalami peningkatan        increase. The volume contributed from West Java and
sebesar 67,42%. Volume tersebut disumbang dari Jawa      Banten was 728,630 MMBTU, East Java 10,540 MMBTU,
Barat dan Banten sebanyak 728.630 MMBTU, Jawa Timur      Central Java was 1,088 MMBTU, and DKI Jakarta 4,486
sebanyak 10.540 MMBTU, Jawa Tengah sebanyak 1.088        MMBTU.
MMBTU, dan DKI Jakarta sebanyak 4.486 MMBTU.




PT Rukun Raharja Tbk                                                     Annual Report 2023                      128
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                                          ANALISIS DAN PEMBAHASAN MANAJEMEN
                                          MANAGEMENT DISCUSSION AND ANALYSIS




Profitabilitas per Segmen Usaha                                                                                               Dalam USD
Profitability per Business Segment                                                                                                In USD




                                                                                                                 Pertumbuhan 2023
 Segmen       Uraian                               2023           2022            2021           2020
 Segment      Description                                                                                         Vol            %

              Segmen Lifting Minyak Dan Gas
              Lifting Oil and Gas

              Pendapatan
                                                  47.041.922               -              -              -      47.041.922
              Revenue
 Upstream
              Beban dan Pendapatan Investasi
                                               (22.564.544)       6.221.450      2.158.767      (356.139)      (28.785.994)   -462,69%
              Expenses & Investment Income

              Laba (Rugi)
                                                  24.477.378      6.221.450      2.158.767      (356.139)       18.255.928    293,44%
              Profit (Loss)

              Segment Lainnya
              Other Segment

              Pendapatan
                                                 50.899.448     22.522.337       7.545.557      7.292.005        28.377.111    126,00%
              Revenue
 Midstream
              Beban dan Pendapatan Investasi
                                               (49.545.853)     (22.131.107)    (8.163.936)   (6.735.692)      (27.414.746)    123,87%
              Expenses & Investment Income

              Laba (Rugi)
                                                   1.353.595       391.230        (618.379)      556.313           962.365    245,98%
              Profit (Loss)

              Segmen Distribusi Gas Alam
              Natural Gas Distribution Segment

              Pendapatan
                                                 105.804.590    104.163.751     90.601.073     91.472.720        1.640.839       1,58%
              Revenue
 Downstream
              Beban dan Pendapatan Investasi
                                               (104.486.083)   (99.937.088)    (88.744.730)   (89.149.481)      (4.548.995)      4,55%
              Expenses & Investment Income

              Laba (Rugi)
                                                   1.318.507     4.226.663       1.856.343     2.323.239        (2.908.156)    -68,81%
              Profit (Loss)

              Total:
              Total:

              Pendapatan
                                                 203.745.960   126.686.088      98.146.630    98.764.725        77.059.872      60,83%
              Revenue

              Beban dan Pendapatan Investasi
                                               (176.596.480)   (115.846.745)   (94.749.899)   (96.241.312)     (60.749.735)     52,44%
              Expenses & Investment Income

              Laba (Rugi)
                                                  27.149.480    10.839.343       3.396.731      2.523.413        16.310.137    150,47%
              Profit (Loss)

              Persentase Pendapatan :
              Percentage of Revenue :

              Persentase Segmen Gas
              Alam
                                                     51,93%         82,22%          92,31%        92,62%
              Percentage of Natural Gas
              Distribution Segment

              Persentase Segmen Lifting
              Minyak dan Gas
                                                     23,09%          0,00%          0,00%          0,00%
              Percentage of Oil Lifting and
              Gas Segment

              Presentase Segmen Lainnya
                                                     24,98%         17,78%           7,69%         7,38%
              Percentage of Other Segment




129                     Laporan Tahunan 2023                                                                 PT Rukun Raharja Tbk
Page 130
Tercatat hingga 31 Desember 2023, total pendapatan         Recorded until December 31, 2023, the total revenues of the
segmen usaha Perusahaan mencapai USD203,75 juta,           Company’s business segments reached USD203.75 million,
mengalami peningkatan sebesar 60,83% atau USD77,06         experiencing an 60.83% increase or USD77.06 million
juta dibandingkan tahun 2022 yang tercatat sebesar         compared to 2022, which was recorded at USD126.69
USD126,69 juta. Pada sisi beban dan pendapatan             million. On the expenses side, there were expenses
investasi terdapat beban dan pendapatan investasi          amounting to USD176.60 million, increasing by 52.44%
sebesar USD176,60 juta, meningkat sebesar 52,44%           or USD60.75 million from the original USD115.85 million.
atau USD60,75 juta dari semula USD115,85 juta. Secara      Overall, the Company’s profit was significantly driven and
keseluruhan, laba perusahaan berhasil terdorong sangat     increased by 150.7% or USD16.31 million, from USD10.83
signifikan dan meningkat sebesar 150,7% atau USD16,31      million to USD27.15 million.
juta, dari USD10,83 juta menjadi USD27,15 juta.

Segmen Distribusi Gas Alam                                 Natural Gas Distribution Segment

Pada tahun 2023 pendapatan segmen distribusi gas alam      In 2023, revenue from the natural gas distribution segment
mengalami peningkatan sebesar 1,58% atau USD1,64 juta,     increased by 1.58% or USD1.64 million, from USD104.16
dari USD104,16 juta di tahun 2022 menjadi USD105,80        million in 2022 to USD105.80 million in 2023. This was
juta di tahun 2023. Hal ini utamanya disebabkan oleh       mainly due to increased gas sales revenue. Expenses and
peningkatan pendapatan penjualan gas. Beban dan            investment income recorded amounted to USD104.49
pendapatan investasi tercatat sebesar USD104,49            million, experiencing a 4.55% increase or USD4.55 million
juta, mengalami kenaikan 4,55% atau USD4,55 juta           compared to the previous year, which was USD113.66
dibandingkan tahun sebelumnya, yakni USD99,94 juta.        million. Overall, the Company booked a profit from this
Secara keseluruhan Perusahaan berhasil membukukan          segment of USD1.32 million or experienced an decrease
Laba dari segmen ini sebesar USD1,32 juta atau mengalami   of 68.81% or USD2.91million from the previous year, which
penurunan sebesar 68,81% atau sebanyak USD2,91 juta        was USD4.22 million.
dari tahun sebelumnya yakni USD4,22 juta.

Segmen Lifting Minyak dan Gas                              Oil and Gas Lifting Segments

Hingga akhir tahun 2023, segmen lifting minyak dan gas     Until the end of 2023, the infrastructure oil and gas lifting
berhasil membukukan pendapatan sebesar USD47,04            segment recorded revenues of USD47.04 million, increasing
juta, meningkat USD47,04 juta. Beban dan pendapatan        by USD47.04 million. Expenses and investment income
investasi segmen ini meningkat cukup signifikan yakni      for this segment increased significantly by 462.69% or
sebesar 462,69% atau USD28,79 juta, dari USD6,22 juta      USD28.79 million, from USD6.22 million to USD22.56
menjadi USD22,56 juta. Kondisi tersebut selanjutnya        million. This condition further resulted in an increase in
berdampak pada kenaikan perolehan laba sebesar             profit of 293.44% or USD18.26 million, from USD6.22
293,44% atau USD18,26 juta, dari USD6,22 juta menjadi      million to USD24.48 million.
USD24,48 juta.

Segmen Lainnya                                             Other Segments

Hingga 31 Desember 2023, tercatat pendapatan               Until December 31, 2023, revenues from other segments
segmen lainnya sebesar USD50,90 juta, meningkat            amounted to USD50.90 million, significantly increasing
secara sangat signifikan sebesar 126,00% dibandingkan      by 126.00% compared to the previous year. Meanwhile,
tahun sebelumnya. Sementara itu, dari sisi beban juga      expenses also experienced a significant increase of
mengalami peningkatan signifikan sebesar 123,87%           123.87% or USD27.41 million, from USD22.13 thousand
atau USD27,41 juta, dari semula USD22,13 juta menjadi      to USD49.55 million. The increase in expenses did not
USD49,55 juta. Peningkatan beban yang terjadi tidak        significantly affect the Company’s profit balance, as at the
terlalu mempengaruhi neraca laba perusahaan, karena        end of the period, a profit of USD1.35 million was recorded.
di penghujung periode berhasil dibukukan laba sebesar
USD1,35 Juta.




PT Rukun Raharja Tbk                                                    Annual Report 2023                         130
Page 131
                                         ANALISIS DAN PEMBAHASAN MANAJEMEN
                                         MANAGEMENT DISCUSSION AND ANALYSIS




TINJAUAN KEUANGAN
FINANCIAL REVIEW


Tinjauan Keuangan yang disajikan dalam Laporan Tahunan              The Financial Review presented in this Annual Report
ini disusun dengan merujuk pada Laporan Keuangan                    is compiled by referring to the Consolidated Financial
Konsolidasian tahun 2023 dan 2022 yang telah di audit               Statements for the years 2023 and 2022, which have
di Kantor Akuntan Publik Paul Hadiwinata, Hidajat,                  been audited by Public Accounting Firm Paul Hadiwinata,
Arsono, Retno, Palilingan dan Rekan, dengan pendapat                Hidajat, Arsono, Retno, Palilingan, and Partners, with
wajar dalam semua hal yang material.                                unqualified opinion in all material respects.


Profitabilitas per Segmen Usaha                                                                                  Dalam USD
Profitability per Business Segment                                                                                   In USD



Uraian                                        YoY 2022-2023
                                                                              2023            2022             2021
Description                               %              Nominal

Kas dan Setara Kas
                                              15,83%          4.764.884       34.867.986       30.103.102       37.071.296
Cash and Cash Equivalents

Piutang Usaha
Trade receivables

   Pihak Ketiga – Bersih
                                              86,98%          14.206.030      30.538.403       16.332.373        12.275.431
   Third parties - net

Piutang Lain-Lain
Other receivables

   Pihak Ketiga – Bersih
                                              -6,57%           (270.730)       3.852.230        4.122.960        5 372.683
   Third parties - net

   Pihak Berelasi
                                          1864,98%             5.771.805       6.081.289         309.484           395.109
   Related parties

Persediaan
                                              -7,86%            (59.222)         694.133         753.355           492.821
Inventories

Pajak Dibayar di Muka
                                           -33,00%         (2.036.563)         4.134.509        6.171.072        7.5631461
Prepaid taxes

Uang Muka dan Beban Dibayar di
Muka                                       -56,12%             (452.286)        353.599          805.885          1.762.052
Advances and prepaid expenses

Jumlah Aset Lancar
                                              37,41%          21.923.918      80.522.149       58.598.231       64.932.863
Total current assets

Piutang Usaha
Trade receivables

   Pihak Ketiga – Bersih
                                                                807.649          807.649                -                 -
   Third parties - net

Investasi pada Entitas Asosiasi
                                              -17,30%      (2.073.306)         9.908.977       11.982.283       12.202.548
Investment in associates

Aset Pajak Tangguhan
                                           -53,66%         (1.048.340)          905.432         1.953.772        2.048.601
Deferred tax assets




131                         Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 132
Uraian                                 YoY 2022-2023
                                                                     2023             2022          2021
Description                        %             Nominal
Taksiran Klaim Pengembalian
Pajak                              -27,59%             (153.924)        404.071          557.995       329.022
Estimated claims for tax refund

Aset Tetap – Bersih
                                       19,21%          27.542.121   170.934.720       143.392.599   124.912.926
Fixed assets - net

Aset Hak Guna – Bersih
                                   -53,18%              (961.851)      846.966          1.808.817    2.435.268
Right of use assets - net

Aset Tak Berwujud – Bersih
                                       -6,30%           (78.492)      1.168.007         1.246.499      983.704
Intangible assets - net

Properti Minyak Dan Gas
                                                   23.834.819        23.834.819                 -             -
Oil and gas properties

Aset Hak Kontraktual Proyek
                                   -49,12%         (3.935.025)        4.075.283         8.010.308    8.960.864
Project contractual right assets

Goodwill
                                       -0,23%            (56.514)    24.647.777        24.704.291    24.704.291
Goodwill

Aset Tidak Lancar Lain-lain
                                       28,39%          2.342.498     10.592.278         8.249.780     4.076.075
Other non-current assets

Aset Tidak Lancar
                                       22,89%      46.219.635       248.125.979       201.906.344   180.653.299
Total non-current assets

Jumlah Aset
                                       26,16%      68.143.553       328.648.128      260.504.575    245.586.152
Total Assets




PT Rukun Raharja Tbk                                                    Annual Report 2023                  132
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                                       ANALISIS DAN PEMBAHASAN MANAJEMEN
                                       MANAGEMENT DISCUSSION AND ANALYSIS




Jumlah Aset                                                                                                    Dalam USD
Total Assets                                                                                                       In USD




                         328.648.128                      260.504.575                    245.586.152
      350.000.000

      300.000.000

      250.000.000

      200.000.000

      150.000.000

      100.000.000

       50.000.000

               0

                                2023                              2022                           2021




Tercatat hingga 31 Desember 2023, total aset menca-             Until December 31, 2023, total assets reached USD328.65
pai USD328,65 juta, meningkat 26,16% atau USD68,14              million, increasing by 26.16% or USD68.14 million com-
juta dibandingkan tahun 2022 yang tercatat sebesar              pared to 2022, which was recorded at USD260.5 million.
USD260,5 juta. Kondisi ini terutama dipengaruhi oleh            An increase in non-current assets primarily influenced
kenaikan aset tidak lancar.                                     this condition.

Aset Lancar                                                     Current Assets

Aset lancar Perusahaan mengalami peningkatan 37,41%             The Company’s current assets experienced a 37.41%
atau USD21,92 juta, dari USD58,60 juta di tahun 2022            increase or USD21.92 million, from USD58.60 million
menjadi USD80,52 juta di tahun 2023. Peningkatan ini            in 2022 to USD80.52 million in 2023. This increase was
terutama disebabkan oleh peningkatan piutang usaha              mainly due to an increase in trade receivables from third
pihak ketiga - bersih.                                          parties - net.

Aset Tidak Lancar                                               Non-current Assets

Pada sisi aset tidak lancar Perusahaan tahun 2023               On the non-current assets side, the Company recorded
tercatat mencapai USD248,13 juta, meningkat 22,89%              USD248.13 million in 2023, increasing by 22.89% or
atau USD46,22 juta dari sebelumnya tercatat sebesar             USD46.22 million from the previous amount of USD201.91
USD201,91 juta. Hal ini utamanya disebabkan oleh kenaikan       million. This was primarily due to an increase in Fixed
aset tetap – bersih.                                            assets - net.




133                    Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 134
Liabilitas                                                                                                       Dalam USD
Liabilities                                                                                                          In USD



Uraian                                         YoY 2022-2023
                                                                              2023             2022             2021
Description                                %               Nominal

Pinjaman Bank Jangka Pendek
                                                               1.946.030       1.946.030                    -    1.035.041
Short-term bank loans

Utang Usaha - Pihak Ketiga
                                               77,09%          8.326.347      19.126.793        10.800.446       7 653.069
Trade payables - Third parties

Utang Lain-Lain
Other payables

   Pihak Ketiga
                                            135,37%              690.146       1.199.968          509.822         844.998
   Third parties

   Pihak Berelasi
                                                                 545.000        545.000                     -      114.219
   Related parties

Utang Pajak
                                            103,55%            2.037.834       4.005.770         1.967.936       1.533.459
Taxes payable

Uang Muka Penjualan
                                               41,33%            156.307         534.511          378.204         351.434
Sales advance

Beban Akrual
                                            201,26%            1.549.725       2.319.732          770.007          390.166
Accrued expenses

Bagian Jangka Pendek Pinjaman Jangka Panjang
Current maturities of long-term loans

   Utang Pembelian Aset Tetap
                                            -59,83%             (180.917)        121.471          302.388                 -
   Fixed assets purchase payables

   Pinjaman Bank
                                            120,04%            14.125.434     25.892.716         11.767.282      7.671.933
   Bank loans

   Pinjaman Pembiayaan Kon-
   sumen                                    166,32%              275.274        440.786               165.512      63.508
   Consumer financing loans

   Liabilitas Sewa
                                            -33,08%              (107.110)       216.661              323.771      43.372
   Lease liabilities

Liabilitas Jangka Pendek
                                            108,81%         29.364.070       56.349.438         26.985.368       19.701.199
Total current liabilities

Pinjaman Jangka Panjang- Selelah Dikurangi Bagian Lancar
Long term loan - net to current maturities

   Utang Pembelian Aset Tetap
                                            -100,00%           (484.800)               -          484.800                 -
   Fixed assets purchase payables

   Pinjaman Bank
                                               9,09%           8.890.247     106.729.395        97.839.148      98.675.149
   Bank loans

   Pinjaman Pembiayaan Kon-
   sumen                                       63,31%            325.438        839.498               514.060      119.341
   Consumer financing loans

   Liabilitas Sewa
                                            -33,21%             (112.934)       227.087               340.021     372.480
   Lease liabilities




PT Rukun Raharja Tbk                                                             Annual Report 2023                    134
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                                              ANALISIS DAN PEMBAHASAN MANAJEMEN
                                              MANAGEMENT DISCUSSION AND ANALYSIS




Uraian                                            YoY 2022-2023
                                                                                   2023             2022               2021
Description                                   %               Nominal

Liabilitas Pembongkaran Aset
                                                                  8.360.858         8.360.858                 -                  -
Asset dismantling obligation

Liabilitas Imbalan Pasca-Kerja
Post-employment benefits liabil-                  (2,58%)           (14.561)          550.347          564.908            986.202
ities

Liabilitas Imbalan Pensiunan
Direksi dan Komisaris
                                                  45,60%            328.581           1.049.219        720.638            614.465
Pension benefit obligation for
directors and commissioners

Liabilitas Jangka Panjang
                                                   17,21%         17.292.829       117.756.404      100.463.575        100.767.697
Total non-current liabilities

Jumlah Liabilitas
                                                  36,61%        46.656.899         174.105.842      127.448.943       120.468.896
Total liabilities



Jumlah Liabilities                                                                                                       Dalam USD
Total Liabilities                                                                                                            In USD




                                 174.105.842                      127.448.943                     120.468.896
    200.000.000
      180.000.000
      160.000.000
      140.000.000
      120.000.000
      100.000.000
      80.000.000
      60.000.000
      40.000.000
      20.000.000
                  0

                                       2023                              2022                              2021




Liabilitas                                                              Liabilities

Total liabilitas Perusahaan pada akhir tahun 2023, ter-                 The Company’s total liabilities at the end of 2023 amounted
catat mencapai USD174,11 juta, meningkat 36,61% atau                    to USD174.11 million, an increase of 36.61% or USD46.66
USD46,66 juta dari tahun 2022 yang tercatat sebesar                     million from 2022, which was recorded at USD127.45 million.
USD127,45 juta. Hal ini terutama dipengaruhi oleh bertam-               This increase was primarily influenced by the addition of
bahnya pinjaman bank yang dilakukan oleh Perusahaan.                    bank loans undertaken by the Company.




135                             Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 136
Liabilitas Lancar                                                 Current Liabilities

Hingga penghujung tahun 2023, liabilitas lancar                   By the end of 2023, the Company’s current liabilities
Perusahaan tercatat sebesar USD56,35 juta, mengalami              amounted to USD56.35 million, experiencing a significant
peningkatan signifikan yakni 108,81% atau USD29,36                increase of 108.81% or USD29.36 million from the previous
juta dari tahun sebelumnya yang mencapai USD26,99                 year’s USD26.99 million. This condition was mainly due
juta. Kondisi ini terutama karena meningkatnya bagian             to an increase in Short-term bank loans.
jangka pendek dari pinjaman bank.

Liabilitas Jangka Panjang                                         Non-Current Liabilities

Liabilitas jangka panjang Perusahaan mengalami                    The Company’s non-current liabilities increased by 17.21%
peningkatan 17,21% atau USD17,29 juta dari USD100,46              or USD17.29 million from USD100.46 million in 2022 to
juta di tahun 2022 menjadi USD117,76 juta di tahun 2023.          USD117.76 million in 2023. This increase was primarily
Peningkatan ini terutama disebabkan oleh meningkatnya             due to an increase in long-term bank loans.
bagian pinjaman jangka panjang dari pinjaman bank.


Ekuitas                                                                                                          Dalam USD
Equity                                                                                                               In USD



 Uraian                                     YoY 2022-2023
                                                                            2023             2022              2021
 Description                            %              Nominal
 Modal Ditempatkan dan Disetor
 Penuh                                       0,00%                  0       10.964.473        10.964.473        10.964.473
 Issued and fully paid capital

 Tambahan Modal Disetor
                                             0,00%                  0      23.231.955         23.231.955        23.215.570
 Additional paid in capital

 Selisih Ekuitas dan Setoran Enti-
 tas Anak
                                             0,00%                  0       5.552.967          5.552.967         5.552.967
 The difference in the equity of
 subsidiary deposits

 Selisih Kurs atas Penjabaran
 Laporan Keuangan dalam Mata
 Uang Asing
                                            (11,31%)              748          (5.863)              (6.611)           (357)
 Foreign exchange differences from
 the translation of foreign currency
 financial statements

 Komponen Ekuitas Lainnya
                                             0,00%                  0         (54.484)          (54.484)                  -
 Other equity compponent

 Saldo Laba
 Retained earnings

    Telah Ditentukan Penggunaan-
    nya                                     27,10%              6.709          31.468               24.759          18.004
    Appropriated

    Belum Ditentukan Penggu-
    naannya                                 30,49%          21.003.405     89.898.979         68.895.574        62.034.452
    Unappropriated

 Total Ekuitas yang dapat Diatri-
 busikan kepada Pemilik Entitas
 Induk                                      19,35%          21.010.862     129.619.495       108.608.633        101.785.109
 Equity attributable to owners of the
 parent entity

 Kepentingan Non-Pengendali
                                             1,95%            475.792       24.922.791        24.446.999        23.332.147
 Non-controlling interests

 Jumlah Ekuitas
                                            16,15%      21.486.654        154.542.286        133.055.632        125.117.2S6
 Total Equity




PT Rukun Raharja Tbk                                                           Annual Report 2023                      136
Page 137
                                       ANALISIS DAN PEMBAHASAN MANAJEMEN
                                       MANAGEMENT DISCUSSION AND ANALYSIS




Jumlah Ekuitas                                                                                                Dalam USD
Total Equity                                                                                                      In USD




                          154.542.286                       133.055.632                   125.117.256
      200.000.000
      180.000.000
      160.000.000
      140.000.000
      120.000.000
      100.000.000
       80.000.000
       60.000.000
       40.000.000
       20.000.000
               0

                                2023                              2022                           2021




Pada tahun 2023, ekuitas tercatat sebesar USD154,54 juta,       In 2023, equity was recorded at USD154.54 million, an
mengalami peningkatan sebesar 16,15% atau USD21,49              increase of 16.15% or USD21.49 million from the previous
juta dari tahun sebelumnya sebesar USD133,05 juta.              year of USD133.05 million. This increase was due to the
Kenaikan ini disebabkan Perseroan pada tahun 2023               fact that in 2023 the Company posted a moderately high
mencatatkan perolehan laba yang cukup tinggi, sehingga          profit, thereby increasing the retained earnings.
meningkatkan saldo laba.




137                    Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 138
LAPORAN LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER
COMPREHENSIVE INCOME


Laporan Laba (Rugi) dan Penghasilan Komprehensif Lain Konsolidasian                                            Dalam USD
Consolidated Statement of Profit or Loss and Other Comprehensive Income                                            In USD



 Uraian                                     YoY 2022-2023
                                                                            2023             2022            2021
 Description                            %             Nominal

 Pendapatan Bersih
                                            60,83%      77.059.872        203.745.960        126.686.088      98.146.630
 Net Revenue

 Beban Pokok Pendapatan
                                            35,60%      (36.178.705)      (137.806.002)     (101.627.297)    (82.725.743)
 Cost of Revenue

 Laba Bruto
                                         163,14%            40.881.167     65.939.958         25.058.791      15.420.887
 Gross Profit

 Beban Umum dan Administrasi
 General and administrative                 40,53%          (5.161.199)    (17.894.728)      (12.733.529)    (10.810.082)
 expenses

 Pendapatan (beban) lain-lain
                                         -45,18%         (1.538.382)         1.866.292         3.404.674       2.500.367
 Other income (expenses)

 Laba Usaha
                                         217,30%            34.181.586      49.911.522        15.729.936         7.111.172
 Operating Profit

 Beban Keuangan/Bunga
                                        242,38%         (6.558.989)        (9.265.045)        (2.706.056)    (2.459.506)
 Finance/interest costs

 Laba Sebelum Pajak Penghasilan
                                         212,09%         27.622.597        40.646.477         13.023.880       4.651.666
 Profit Before Income Tax

 Beban Pajak Penghasilan
                                         517,84%        (11.312.460)      (13.496.997)        (2.184.537)     (1.254.935)
 Income tax expense

 Laba Tahun Berjalan
                                         150,47%            16.310.137      27.149.480        10.839.343       3.396.731
 Profit for the Year

 Penghasilan/(Kerugian)
 Komprehensif Lain
                                        -638,57%             (156.342)        (131.859)             24.483       130.287
 Other Comprehensive Income/
 (Loss)

 Jumlah Penghasilan Komprehensif
 Tahun Berjalan
                                         148,69%            16.153.795       27.017.621       10.863.826       3.527.018
 Total Comprehensive Income for
 the Year

 Laba Tahun Berjalan Yang Dapat
 Diatribusikan Kepada:                   150,47%            16.310.137      27.149.480        10.839.343       3.396.731
 Profit for the Year Attributable to:

    Pemilik Entitas Induk
                                         190,27%            16.784.961     25.606.534          8.821.573       2.252.268
    Owners of the parent entity


    Kepentingan Non-pengendali
                                         -23,53%             (474.824)       1.542.946          2.017.770       1.144.463
    Non-controlling interests

 Jumlah Penghasilan Komprehensif
 Tahun Berjalan Yang Dapat
 Diatribusikan Kepada:                   148,69%            16.153.795       27.017.621       10.863.826       3.527.018
 Total Comprehensive Income for
 the Year Attributable to:




PT Rukun Raharja Tbk                                                           Annual Report 2023                     138
Page 139
                                             ANALISIS DAN PEMBAHASAN MANAJEMEN
                                             MANAGEMENT DISCUSSION AND ANALYSIS




Uraian                                           YoY 2022-2023
                                                                                  2023         2022          2021
Description                                  %               Nominal

   Pemilik Entitas Induk
                                                 188,11%         16.656.194       25.510.862    8.854.668     2.366.249
   Owners of the parent entity


   Kepentingan Non-pengendali
                                               -25,01%           (502.399)         1.506.759    2.009.158      1.160.769
   Non-controlling interests

Laba per Saham yang Dapat
Diatribusikan kepada Pemilik
Entitas Induk-Dasar dan Dilusian
                                               190,27%             0,00397          0,00606      0,00209       0,00053
Earnings per Share Attributable to
Owners of the Parent Entity - Basic
and Diluted




Pendapatan Bersih                                                                                             Dalam USD
Net Revenue                                                                                                       In USD




                                 203.745.960                      126.686.088                  98.146.630
      250.000.000



      200.000.000



      150.000.000



      100.000.000



       50.000.000



                  0

                                      2023                               2022                         2021




139                        Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 140
Laba Tahun Berjalan                                                                                          Dalam USD
Net Revenue                                                                                                      In USD




                          27.149.480                    10.839.343                      3.396.731

      30.000.000


      25.000.000


      20.000.000


      15.000.000


      10.000.000


       5.000.000


                 0

                             2023                               2022                            2021




Pendapatan Bersih                                             Net Revenue

Pada tahun 2023, Perseroan berhasil membukukan                In 2023, the Company successfully recorded net revenue
pendapatan bersih sebesar USD203,75 juta, meningkat           of USD203.75 million, experiencing a significant increase
cukup signifikan sebesar 60,83% atau USD77,06                 of 60.83% or USD77.06 million compared to the previous
dibandingkan tahun sebelumnya yang mencapai                   year, which amounted to USD126.69 million. This increase
USD126,69 juta. Hal ini utamanya disebabkan oleh              was primarily due to revenue from oil and gas lifting.
perolehan pendapatan dari lifting minyak dan gas.



Pendapatan per Segmen Bisnis                                                                                 Dalam USD
Revenues per Business Segment                                                                                    In USD




 Uraian                                 YoY 2022-2023
                                                                        2023             2022              2021
 Description                        %             Nominal

 Penjualan Gas
                                        1,90%            1.883.146      101.151.033       99.267.887       85.588.577
 Sales of gas

 Lifting minyak dan gas
                                                        47.041.922      47.041.922                 -                 -
 Oil and gas lifting




PT Rukun Raharja Tbk                                                       Annual Report 2023                     140
Page 141
                                            ANALISIS DAN PEMBAHASAN MANAJEMEN
                                            MANAGEMENT DISCUSSION AND ANALYSIS




Uraian                                           YoY 2022-2023
                                                                                  2023            2022             2021
Description                                  %              Nominal
Jasa penyaluran minyak kerja
sama operasi                                  301,93%         23.683.706          31.527.938        7.844.232                 -
Joint operation oil toll services

Operasi dan Pemeliharaan
                                              132,47%            5.503.895         9.658.733        4.154.838        2.448.159
Operating and maintenance

Jasa Penyaluran Gas
                                               -13,59%           (1.199.464)       7.624.310        8.823.774         7.513.180
Gas toll services

Jasa Fasilitas LPG
                                                  2,33%             54.823         2.408.146       2.353.323           169.984
LPG facility services

Jasa Kompresi dan Transmisi Gas
Gas compression and transmission               -21,69%           (522.634)          1.887.102       2.409.736         2.091.150
services

Sewa Tangki
                                                 -4,72%             (51.451)       1.039.640         1.091.091          55.657
Tank rental

Lain-lain
                                                 89,84%            665.929          1.407.136         741.207          279.923
Others


Total                                            60,83%       77.059.872         203.745.960      126.686.088       98.146.630




Beban Pokok Pendapatan                                                  Cost of Revenue

Tercatat hingga 31 Desember 2023, beban pokok pendapa-                  As of December 31, 2023, the Company’s cost of revenue
tan Perseroan sebesar USD137,81 juta, meningkat 35,60%                  amounted to USD137.81 million, representing an increase
atau USD36,18 juta dibandingkan posisi per 31 Desember                  of 35.60% or USD36.18 million compared to the position
2022 yang tercatat sebesar USD101,63 juta.                              as of December 31, 2022, which amounted to USD101.63
                                                                        million.


Beban Pokok Pendapatan                                                                                               Dalam USD
                                                                                                                         In USD
Cost of Revenue


 Uraian                                          YoY 2022-2023
                                                                                  2023            2022              2021
 Description                                 %              Nominal

 Pembelian Gas
                                                  2,64%           1.891.983       73.637.314       71.745.331       64.426.443
 Gas purchases

 Lifting minyak dan gas
                                                                 17.656.000       17.656.000                 -                -
 Oil and gas lifting

 Penyusutan Aset Tetap
                                                 65,20%          4.726.097        11.974.879        7.248.782        6.108.534
 Depreciation of fixed asset

 Penyaluran Gas
                                                 -11,64%      (1.089.337)          8.271.240        9.360.577         5.316.531
 Gas transportation

 Biaya Kerja Sama Operasi
                                              275,93%            5.494.707         7.486.018         1.991.311                -
 Joint operation expense

 Perbaikan dan Pemeliharaan
                                              104,08%             3.516.156        6.894.508        3.378.352        2.080.796
 Repair and maintenance




141                            Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
Page 142
Uraian                                    YoY 2022-2023
                                                                         2023             2022              2021
Description                           %             Nominal

Gaji dan Tunjangan
                                          -2,17%            (63.265)      2.857.477         2.920.742         1.578.014
Salaries and allowance

Deplesi properti minyak dan gas
                                                           2.665.181       2.665.181                   -               -
Depletion of oil and gas properties

Sewa
                                          29,76%            320.534        1.397.771         1.077.237          821.851
Rent

Penyusutan Aset Hak Guna
                                          -2,26%            (22.468)        973.846           996.314          725.042
Depreciation of right of use assets

Iuran BPH Migas
                                           0,35%              2.759         796.810           794.051           611.254
Contribution to BPH Migas

Alih jasa
                                       279,35%              544.497         739.411              194.914           7.145
Outsourcing

Pajak dan Perijinan
                                          37,52%            128.795         472.069           343.274           110.775
Taxes and licenses

Pengiriman, Perjalanan dan
Transportasi
                                       -15,85%              (58.885)        312.608           371.493           86.857
Delivery, travelling and transpor-
tation

Asuransi
                                          60,98%             85.098         224.646           139.548           151.945
Insurance

Komisi
                                       -14,28%              (21.572)        129.523              151.095        102.025
Commissions

Imbalan Pasca-Kerja
                                       -38,41%              (19.247)         30.860              50.107         57.830
Post-employment benefits

Lain-lain
                                          48,80%            421.672        1.285.841          864.169           540.701
Others


Total                                     35,60%          36.178.705    137.806.002        101.627.297       82.725.743




Laba Bruto                                                      Gross Profit

Pada sisi Laba bruto, Perusahaan mengalami peningkatan          On the gross profit side, the Company experienced a
cukup signifikan sebesar 62,00% atau USD40,88 juta,             significant increase of 62.00% or USD40.88 million, from
dari USD25,06 juta di tahun 2022 menjadi USD65,94               USD25.06 million in 2022 to USD65.94 million in 2023.
juta di tahun 2023. Kondisi ini terutama disebabkan oleh        This condition was primarily due to revenue from oil and
perolehan pendapatan dari lifting minyak dan gas.               gas lifting.

Beban Umum dan Administrasi                                     General and Administrative Expenses

Pada tahun 2023, beban umum dan administrasi Perseroan          In 2023, the Company’s general and administrative
mencapai USD17,89 juta, mengalami peningkatan 40,53%            expenses amounted to USD17.89 million, an increase
atau USD5,16 juta jika dibandingkan dengan tahun 2022           of 40.53% or USD5.16 million compared to 2022, which
yang tercatat sebesar USD12,73 juta. Hal ini paling             was recorded at USD12.73 million. This was mainly due
banyak dipengaruhi atas kenaikan biaya tenaga kerja             to increasing of manpower cost and professional fee.
dan tenaga ahli.




PT Rukun Raharja Tbk                                                        Annual Report 2023                      142
Page 143
                                      ANALISIS DAN PEMBAHASAN MANAJEMEN
                                      MANAGEMENT DISCUSSION AND ANALYSIS




Pendapatan (Beban) Lain-Lain                                   Other Income (Expenses)

Pendapatan beban lain-lain pada tahun 2023 tercatat            Other income (expenses) in 2023 amounted to USD1.87
sebesar USD1,87 juta, menurun signifikan sebesar 45,18%        million, significantly decreased by 45.18% or USD1.54
atau sebesar USD1,54 juta dibandingkan tahun 2022              million compared to 2022, which was recorded at USD3.40
yang tercatat sebesar USD3,40 juta. Hal ini utamanya           million. This was mainly due to a decrease in Project
disebabkan oleh penurunan aset hak kontraktual proyek.         contractual right assets.

Laba Sebelum Pajak Penghasilan                                 Profit Before Income Tax

Laba sebelum pajak penghasilan Perusahaan mengalami            The Company’s profit before income tax increased by
peningkatan 212,09% atau USD27,62 juta, dari USD13,02          212.09% or USD27.62 million, from USD13.02 million in
juta di tahun 2022 menjadi USD40,65 juta di tahun 2023.        2022 to USD40.65 million in 2023. This was primarily due
Hal ini utamanya disebabkan oleh perolehan pendapatan          to revenue from oil and gas lifting.
dari lifting minyak dan gas.

Total Beban Pajak Penghasilan                                  Total Income Tax Expense

Pada akhir tahun 2023, total beban pajak penghasilan           As of the end of 2023, the total income tax expense of
Perusahaan sebesar USD13,50 juta, meningkat sebesar            the Company amounted to USD13.50 million, an increase
517,84% atau USD11,31 juta dibandingkan tahun 2022             of 517.84% or USD11.31 million compared to 2022, which
yang tercatat sebesar USD2,18 juta.                            was recorded at USD2.18 million.

Laba Tahun Berjalan                                            Profit for the Year

Laba tahun berjalan Perusahaan di tahun 2023 tercatat          The Company’s profit for the year 2023 amounted to
mencapai USD27,15 juta, meningkat sangat signifikan            USD27.15 million, a very significant increase of 150.47% or
hingga 150,47% atau USD16,31 juta dibandingkan tahun           USD16.31 million compared to 2022, which was recorded
2022 yang tercatat sebesar USD10,84 juta. Hal ini              at USD10.84 million. This was primarily due to revenue
utamanya disebabkan oleh perolehan pendapatan dari             from oil and gas lifting.
lifting minyak dan gas.

Penghasilan Komprehensif Lain                                  Other Comprehensive Income

Pada 31 Desember 2023, kerugian komprehensif lain              As of December 31, 2023, other comprehensive losses
mencapai USD131,86 ribu, mengalami penurunan                   amounted to USD131.86 thousand, a decrease of 638.57%
638,57% atau USD156,34 ribu dibandingkan penghasilan           or USD156.34 thousand compared to the comprehensive
komprehensif tahun 2022 sebesar USD24,48 ribu. Hal             income in 2022, which was USD24.48 thousand. This
ini terutama disebabkan oleh penurunan yang berasal            was primarily due to a decrease originating from the
dari pengukuran kembali liabilitas imbalan pasca kerja.        remeasurement of post-employment benefit obligations.

Penghasilan Komprehensif Tahun Berjalan                        Comprehensive Income for the Year

Secara keseluruhan, Perusahaan berhasil mencatat               Overall, the Company recorded comprehensive income
Laba komprehensif periode berjalan tahun 2023 sebesar          for the year 2023 amounting to USD27.02 million, a very
USD27,02 juta, meningkat sangat signifikan 148,69%             significant increase of 148.69% or USD16.15 million
atau USD16,15 juta dibandingkan tahun 2022 sebesar             compared to 2022, which was USD10.86 million. This was
USD10,86 juta. Hal ini utamanya disebabkan oleh perolehan      primarily due to revenue from oil and gas lifting.
pendapatan dari lifting minyak dan gas.

Laba per Saham                                                 Earnings per Share

Tercatat hingga akhir tahun 2023, laba per saham dasar         As of the end of 2023, basic earnings per share amounted
tercatat sebesar USD0,00606, mengalami peningkatan             to USD0.00606, an increase of 190.27% or USD0.00397
190,27% atau USD0,00397 dari semula USD0,00209 di              from USD0.00209 in 2022.
tahun 2022.



143                    Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 144
LAPORAN ARUS KAS KONSOLIDASIAN
CONSOLIDATED STATEMENTS OF CASH FLOWS


Laporan Arus Kas
                                                                                                                   Dalam USD
Statement of Cash Flows                                                                                                In USD



 Uraian                                    YoY 2022-2023
                                                                           2023              2022                2021
 Description                           %              Nominal
 Arus Kas dari (untuk) Aktivitas
 Operasi
                                        270,23%         31.855.842         43.644.199          11.788.357         (3.462.616)
 Cash Flows from (for) Operating
 Activities

 Arus Kas dari (untuk) Aktivitas
 Investasi
                                        195,48%        (35.277.282)      (53.323.647)         (18.046.365)       (72.465.029)
 Cash Flows from (for) Investing
 Activities

 Arus Kas dari (untuk) Aktivitas
 Pendanaan
                                       -2133,88%           15.154.518      14.444.332            (710.186)         74.192.817
 Cash Flows from (for) Financing
 Activities

 Kenaikan (Penurunan) Bersih Kas
 dan Setara Kas
                                        -168,38%           11.733.078       4.764.884          (6.968.194)        (1.734.828)
 Net Increase/(Decrease) in Cash
 and Cash Equivalents

 Kas dan Setara Kas Awal Tahun
 Cash and Cash Equivalents at the        -18,80%        (6.968.194)         30.103.102         37.071.296         38.806.124
 Beginning of Year

 Kas dan Setara Kas Akhir Akhir
 Tahun
                                           15,83%          4.764.884       34.867.986          30.103.102         37.071.296
 Cash and Cash Equivalents at the
 End of Year




Arus Kas dari (untuk) Aktivitas Operasi                          Cash Flows from (for) Operating Activities

Sepanjang tahun 2023, Kas yang digunakan Perseroan               Throughout the year 2023, the Company utilized cash
untuk aktivitas operasi tercatat sebesar USD43,64 juta,          for operating activities amounting to USD43.64 million,
meningkat 270,23% atau USD31,86 juta dibandingkan                an increase of 270.23% or USD31.86 million compared to
tahun 2022 yang menerima kas dari aktivitas operasi              2022, where cash was received from operating activities
sebesar USD11,79 juta. Hal ini disebabkan oleh peningkatan       totaling USD11.79 million. This was due to an increase in
penerimaan dari pelanggan.                                       Receipts from customers.

Arus Kas dari (untuk) Aktivitas Investasi                        Cash Flows from (for) Investing Activities

Hingga penghujung tahun 2023, kas yang digunakan                 By the end of 2023, the cash used by the Company for
Perseroan untuk aktivitas investasi mencapai defisit             investing activities reached a deficit of USD53.32 million,
USD53,32 juta, meningkat signifikan 195,48% atau                 significantly increased by 195.48% or USD35.28 million
USD35,28 juta dibandingkan tahun 2022 yang tercatat              compared to 2022, which recorded a deficit of USD18.05
defisit sebesar USD18,05 juta, sehingga terjadi                  million, resulting in a significant decrease in cash deficit.
peningkatan penurunan defisit kas yang signifikan.               This condition was primarily due to acquisitions of oil and
Kondisi tersebut terutama disebabkan oleh perolehan              gas properties.
properti minyak dan gas.




PT Rukun Raharja Tbk                                                          Annual Report 2023                         144
Page 145
                                         ANALISIS DAN PEMBAHASAN MANAJEMEN
                                         MANAGEMENT DISCUSSION AND ANALYSIS




Arus Kas dari (untuk) Aktivitas Pendanaan                         Cash Flows from (for) Financing Activities

Tercatat hingga 31 Desember 2023, kas yang diperoleh              As of December 31, 2023, the cash obtained by the
Perusahaan dari aktivitas pendanaan meningkat 2133,88%            Company from financing activities increased by 2133.88%
atau USD15,15 juta, dari deficit USD710,19 ribu di tahun          or USD15.15 million, from a deficit of USD710.19 thousand
2022 menjadi USD14,44 juta di tahun 2023. Hal tersebut            in 2022 to USD14.44 million in 2023. This was due to
dikarenakan meningkatnya pinjaman dari bank.                      increased from of bank loans.




RASIO KEUANGAN
FINANCIAL RATIOS

Berikut adalah rasio keuangan Perusahaan dalam 3 (tiga)           Here are the financial ratios of the Company over the
tahun terakhir:                                                   past 3 (three) years:


Rasio Keuangan                                                                                                   Dalam USD
Financial Ratios                                                                                                     In USD



Uraian                                             Satuan            2023                2022                 2021
Description                                         Unit

Rasio Profitabilitas
Profitability Ratios

Imbalan atas Aset
                                                           %                   8,26              4,16                  1,38
Return on Assets (ROA)

Imbalan kepada pemegang saham
                                                           %                   17,57             8,15                  2,71
Return to Equity (ROE)

Margin Laba Bersih
                                                           %                   13,33             8,56                  3,46
Net Profit Margin (NPM)

Margin EBITDA
                                                           %                  34,62             20,52                 15,84
EBITDA Margin

Rasio Likuiditas
Liquidity Ratios

Rasio lancar
                                                           %                  142,90            217,15               329,59
Current Ratio

Rasio kas
                                                           %                   61,88            111,55               188,17
Cash Ratio

Rasio Solvabilitas
Solvency Ratios

Rasio utang terhadap aset
                                                           %                  52,98             48,92                 49,05
Debt to Asset Ratio (DAR)

Rasio utang terhadap ekuitas
                                                           %                  112,66            95,79                 49,05
Debt to Equity Ratio (DER)




145                         Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 146
Profitabilitas                                              Profitability

Tingkat profitabilitas Perseroan ditentukan dan diukur      The Company’s profitability level is determined and
melalui perhitungan margin laba bersih, rasio laba bersih   measured through the calculation of net profit margin
terhadap total aset, dan rasio laba bersih terhadap total   (NPM), return on total assets (ROA), and return on equity
ekuitas.                                                    (ROE) ratios.

Hingga akhir tahun 2023, rasio-rasio tersebut meningkat     By the end of 2023, these ratios increased compared to
dibandingkan tahun 2022. Tercatat margin laba bersih        2022. The net profit margin increased to 13.33% from
meningkat menjadi 13,33% dari semula 8,56%, imbalan         the original 8.56%, the return on assets reached 8.26%,
atas aset tercatat sebesar 8,26%, meningkat dari semula     an increase from the initial 4.16%, and the return on
hanya 4,16%, serta imbalan kepada pemegang saham            equity increased to 17.57% from the original 8.15%. This
meningkat menjadi 17,57% dari semula 8,15%. Hal ini         indicated that the Company had delivered good perfor-
menunjukkan bahwa Perseroan berhasil memberikan             mance, leading to an overall increase in profitability. This
kinerja yang baik sehingga profitabilitas Perseroan dapat   condition was mainly the result of a significant increase
meningkat secara keseluruhan. Kondisi ini utamanya          in the Company’s net income.
merupakan dampak dari kenaikan signifikan perolehan
laba bersih Perseroan.

Kemampuan Membayar Utang                                    Ability to Pay Debt

Rasio likuiditas dan rasio solvabilitas digunakan untuk     Liquidity and solvency ratios are used to measure the
mengukur Kemampuan membayar utang Perseroan.                Company’s ability to pay debt.
1. Rasio likuiditas, digunakan untuk mengukur               1. Liquidity ratio, used to measure the Company’s ability
    kemampuan Perseroan dalam memenuhi kewajiban                to meet current liabilities, is calculated through the
    dalam jangka pendek, yang dikalkulasi melalui hasil         following calculation:
    perhitungan berikut:
    a. Rasio kas Pada tahun 2023, tercatat sebesar               a.   The cash ratio in 2023 was recorded at 61.88%;
         61,88%, walaupun menurun dibandingkan tahun                  although it decreased compared to 111.55% in
         2022 sebesar 111,55%, perusahaan tetap berhasil              2022, the Company still managed to maintain a
         memberikan rasio kas yang baik.                              good cash ratio.
    b. Rasio lancar Perseroan tahun 2023, mengalami              b.   The Company’s current ratio in 2023 decreased
         penurunan menjadi 142,9%, dari sebelumnya                    to 142.9% from the previous 217.15%. Despite
         217,15%. Walaupun mengalami penurunan,                       the decrease, this achievement indicated the
         capaian ini menunjukkan kinerja Perseroan                    Company’s good performance.
         yang baik.
    Hasil perhitungan kedua rasio tersebut menunjukkan           The results of these two ratios show that the Company
    bahwa Perseroan memiliki kemampuan yang sangat               has a very good ability to meet current liabilities.
    baik dalam memenuhi kewajiban jangka pendek.

2.   Rasio solvabilitas, digunakan untuk mengukur           2.   Solvency ratio, used to measure the Company’s ability
     kemampuan Perseroan dalam memenuhi kewajiban                to meet non-current liabilities, can be seen from the
     jangka panjang, yang dapat dilihat dari hasil               following calculations.
     perhitungan berikut.
     a. Rasio Liabilitas terhadap Total Aset Pada                a.   Debt to Assets Ratio in 2023, this ratio stood
         tahun 2023, rasio ini tercatat sebesar 52,98%,               at 52.98%, an increase from 48.92% in 2022.
         mengalami peningkatan dibandingkan tahun                b.   Debt to Equity Ratio, this ratio increased in 2023
         2022 sebesar 48,92%.                                         to 112.66% from 95.79% previously.
     b. Rasio Liabilitas terhadap Total Ekuitas Rasio ini
         mengalami peningkatan di tahun 2023 menjadi
         112,66%, dari sebelumnya 95,79%.




PT Rukun Raharja Tbk                                                      Annual Report 2023                       146
Page 147
                                              ANALISIS DAN PEMBAHASAN MANAJEMEN
                                              MANAGEMENT DISCUSSION AND ANALYSIS




Hasil perhitungan kedua rasio tersebut menunjukkan                     The results of these two ratios show that the Company
bahwa Perseroan memiliki kemampuan yang baik dalam                     has good ability to meet non-current liabilities.
memenuhi kewajiban jangka panjang.

KOLEKTIBILITAS PIUTANG                                                 COLLECTIBILITY OF RECEIVABLES

Perhitungan Kolektibilitas piutang Perseroan dilakukan                 The Company’s collectibility of receivables is calculated
dengan berdasarkan pada rasio perputaran piutang                       based on the Company’s Receivables Turnover Ratio (RTR).
Perseroan. Tercatat pada tahun 2023 kolektibilitas piutang             In 2023, the Collectibility of Receivables was 6.50 times,
6,50 kali, menurun dibandingkan tahun 2022 sebanyak                    a decrease from 7.76 times in 2022. Meanwhile, the time
7,76 kali. Sementara itu, jangka waktu yang dibutuhkan                 required by the Company to collect receivables in 2023
Perseroan untuk mengumpulkan piutang tahun 2023                        was 56.25 days, an increase from the previous year by
adalah 56,15 hari, mengalami peningkatan dibandingkan                  47.06 days.
tahun sebelumnya selama 47,06 hari.



STRUKTUR MODAL
CAPITAL STRUCTURE

Perusahaan melakukan pengelolaan modal dengan                          The Company manages its capital with the aim of encour-
tujuan untuk mendorong usaha agar mampu memiliki                       aging businesses to have a strong capital structure to
struktur modal yang kuat untuk mencapai tujuan bisnis                  achieve business objectives and maximize shareholders’
dan memaksimalkan nilai pemegang saham. Manajemen                      value. The Company’s management strives to maintain a
Perusahaan berupaya menjaga rasio modal yang sehat                     healthy capital ratio through capital monitoring activities
melalui aktivitas pemantauan modal dengan menggu-                      using various financial leverage measures, such as debt
nakan berbagai ukuran leverage keuangan, seperti rasio                 to equity ratio.
utang terhadap ekuitas.

Struktur Modal                                                                                                           Dalam USD
Capital Structure                                                                                                            In USD



                                             2023                             2022                             2021

                                                   Persentase                       Persentase                       Persentase
                                                    terhadap                         terhadap                         terhadap
 Uraian                                            Liabilitas &                     Liabilitas &                     Liabilitas &
 Description                         USD             Ekuitas          USD             Ekuitas          USD             Ekuitas
                                                  Percentage to                    Percentage to                    Percentage to
                                                   Liabilities &                    Liabilities &                    Liabilities &
                                                      Equity                           Equity                           Equity

 Liabilitas Jangka Pendek
                                    56.349.438            17,15%     26.985.368           10,36%       19.701.199           8,02%
 Current Liabilities

 Liabilitas Jangka Panjang
                                    117.756.404          35,83%     100.463.575           38,56%      100.767.697          41,03%
 Non-Current Liabilities

 Jumlah Liabilitas
                                    174.105.842          52,98%     127.448.943           48,92%     120.468.896           49,05%
 Total Liabilities

 Jumlah Ekuitas
                                    154.542.286          47,02%     133.055.632           51,08%      125.117.256          50,95%
 Total Equity

 Jumlah Liabilitas dan
 Ekuitas                            328.648.128         100,00%     260.504.575          100,00%     245.586.152          100,00%
 Total Liabilities and Equity




147                             Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
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Pada tahun 2023, proporsi permodalan dari ekuitas sebesar                          In 2023, the equity proportion of the capital stood at
47,02%, mengalami sedikit penurunan jika dibandingkan                              47.02%, slightly decreased compared to the previous
tahun sebelumnya yakni sebesar 51,08%. Hal ini terutama                            year’s 51.08%. This was mainly influenced by an increase
dipengaruhi oleh naiknya kewajiban perusahaan sebagai                              in the Company’s liabilities due to additional bank loans.
akibat dari penambahan pinjaman bank.

IKATAN YANG MATERIAL UNTUK INVESTASI                                               MATE RIAL COMMITME NT TO CAPITAL GOODS
BARANG MODAL                                                                       INVESTMENT

Ikatan material terkait investasi barang modal tersebut                            Material commitment related to capital goods investment
diungkapkan dalam tabel berikut.                                                   is disclosed in the following table.



                                 Ikatan Material Terkait Investasi Barang Modal
                            Material Commitment related to Capital Goods Investment


                                                                                                                                       Proteksi
                                                                                       Jangka         Sumber Dana                    Risiko Mata
      Pihak 1               Pihak 2                 Tujuan Ikatan                                                       Mata Uang
                                                                                       Waktu            Source of                       Uang
      Party 1               Party 2             Purpose of Commitment                                                    Currency
                                                                                     Time Period         Funds                      Currency Risk
                                                                                                                                      Protection


 PT Rukun Raharja                             Kerjasama Operasi Pipa Minyak          20 Tahun         Pinjaman Bank
                     PT Pertamina Gas                                                                                      USD            -
 Tbk                                          Oil Pipeline Operation Cooperation     20 Years         Bank Loans


 PT Triguna                                   Penyediaan Jasa Kompresi Gas           3 Tahun          Internal
                     PT Indonesia Power                                                                                    IDR            -
 Internusa Pratama                            GasCompressionServiceProvision         3 Years          Internal

                                              Rental & Service For Well
                                              Downhole and Surface ESP
 PT Artifisial                                Equipment and Accessories              2 Tahun          Internal
                     Texcal Mahato Ep Ltd                                                                                  IDR            -
 Teknologi Persada                            Rental & Service For Well              2 Years          Internal
                                              Downhole and Surface ESP
                                              Equipment and Accessories

 PT Energasindo                               Perjanjian Jual Beli Gas               5 Tahun          Internal
                     PT Eps Indonesia                                                                                      USD            -
 Heksa Karya                                  GasSaleandPurchaseAgreement            5 Years          Internal


 PT Energasindo      PT Unilever Indonesia,   Perjanjian Jual Beli Gas               5 Tahun          Internal             USD            -
 Heksa Karya         Tbk (Skin)               GasSaleandPurchaseAgreement            5 Years          Internal


 PT Energasindo      PT Artha Prima Energy    Perjanjian Jual Beli Gas               2 Tahun          Internal             USD            -
 Heksa Karya         (Ms)                     GasSaleandPurchaseAgreement            2 Years          Internal


                                              Jual Beli Compressed Natural Gas
 PT Artha Prima      PT Energasindo Heksa                                            3 Tahun          Internal
                                              Compressed Natural Gas Sale                                                  USD            -
 Energy              Karya - Sk Mall                                                 3 Years          Internal
                                              and Purchase


                                              Jual Beli Compressed Natural Gas
 PT Artha Prima      PT Jaya Swarasa Agung                                           5 Tahun          Internal
                                              Compressed Natural Gas Sale                                                  USD            -
 Energy              Tbk                                                             5 Years          Internal
                                              and Purchase


                                              Jual Beli Compressed Natural Gas
 PT Artha Prima                                                                      4 Tahun          Internal
                     PT. Moriuchi Indonesia   Compressed Natural Gas Sale                                                  IDR            -
 Energy                                                                              4 Years          Internal
                                              and Purchase

                                              Jual Beli Compressed Natural Gas
 PT Artha Prima      PT Karawang Foods                                               3 Tahun          Internal
                                              Compressed Natural Gas Sale                                                  IDR            -
 Energy              Lestari                                                         3 Years          Internal
                                              and Purchase




PT Rukun Raharja Tbk                                                                               Annual Report 2023                         148
Page 149
                                          ANALISIS DAN PEMBAHASAN MANAJEMEN
                                          MANAGEMENT DISCUSSION AND ANALYSIS




                                                                                                                          Proteksi
                                                                                 Jangka      Sumber Dana                Risiko Mata
      Pihak 1           Pihak 2                 Tujuan Ikatan                                              Mata Uang
                                                                                 Waktu         Source of                   Uang
      Party 1           Party 2             Purpose of Commitment                                           Currency
                                                                               Time Period      Funds                  Currency Risk
                                                                                                                         Protection


                                          Jual Beli Compressed Natural Gas
PT Artha Prima   CV Sinar Jaya                                                 5 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           (Bendungan)                                                   5 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 5 Tahun       Internal
                 CV Sinar Jaya (Suci)     Compressed Natural Gas Sale                                         IDR            -
Energy                                                                         5 Years       Internal
                                          and Purchase

                 PT Vadco Prosper         Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 3 Tahun       Internal
                 Mega                     Compressed Natural Gas Sale                                         USD            -
Energy                                                                         3 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   PT Ineko Makmur                                               3 Tahun       Internal
                                          Compressed Natural Gas Sale                                         USD            -
Energy           Ananta - Wll                                                  3 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   Bakmi Golek                                                   3 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           Kalimalang                                                    3 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   Bakmi Golek Dewi                                              3 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           Sartika                                                       3 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 5 Tahun       Internal
                 PT Sumber Sandang        Compressed Natural Gas Sale                                         IDR            -
Energy                                                                         5 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   PT Solas Langgeng                                             5 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           Sejahtera                                                     5 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                               Internal
                 PT Kirana Indo Pratama   Compressed Natural Gas Sale          3 Tahun                        IDR            -
Energy                                                                                       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   PT Ineko Makmur                                                             Internal
                                          Compressed Natural Gas Sale          3 Tahun                        USD            -
Energy           Ananta - Mooring                                                            Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   PT Ineko Makmur                                                             Internal
                                          Compressed Natural Gas Sale          3 Tahun                        USD            -
Energy           Ananta - Seng Lie                                                           Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 5 Tahun       Internal
                 PT Holi Pharma           Compressed Natural Gas Sale                                         IDR            -
Energy                                                                         5 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas​​
PT Artha Prima   Coca Cola Bottling                                            2 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           Indonesia, PT-Bandung                                         2 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima   Coca Cola Distribution                                        2 Tahun       Internal
                                          Compressed Natural Gas Sale                                         IDR            -
Energy           Indonesia, PT-Cibitung                                        2 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 3 Tahun       Internal
                 PT Polyfin Canggih       Compressed Natural Gas Sale                                         USD            -
Energy                                                                         3 Years       Internal
                                          and Purchase

                                          Jual Beli Compressed Natural Gas
PT Artha Prima                                                                 1 Tahun       Internal
                 Anarasa Jaya Abadi, Cv   Compressed Natural Gas Sale                                         IDR            -
Energy                                                                         1 Year        Internal
                                          and Purchase




149                    Laporan Tahunan 2023                                                                PT Rukun Raharja Tbk
Page 150
                                                                                                                                                   Proteksi
                                                                                        Jangka         Sumber Dana                               Risiko Mata
      Pihak 1                Pihak 2                   Tujuan Ikatan                                                          Mata Uang
                                                                                        Waktu            Source of                                  Uang
      Party 1                Party 2               Purpose of Commitment                                                       Currency
                                                                                      Time Period         Funds                                 Currency Risk
                                                                                                                                                  Protection

                                                 Jual Beli Compressed Natural Gas
   PT Artha Prima      PT Matsuoka Industries                                        1 Tahun           Internal
                                                 Compressed Natural Gas Sale                                                     IDR                  -
       Energy                Indonesia                                               1 Year            Internal
                                                 and Purchase

                                                 Jual Beli Compressed Natural Gas
   PT Artha Prima        PT Indo Primafood                                           5 Tahun           Internal
                                                 Compressed Natural Gas Sale                                                     IDR
       Energy                  Abadi                                                 5 Years           Internal
                                                 and Purchase

                                                 Jual Beli Compressed Natural Gas
   PT Artha Prima         PT Kirana Energi                                           2 Tahun           Internal
                                                 Compressed Natural Gas Sale                                                     USD
       Energy                 Bersama                                                2 Years           Internal
                                                 and Purchase

                                                 Jual Beli Compressed Natural Gas
   PT Artha Prima                                                                    3 Tahun           Internal
                        Dwigasindo Abadi, PT     Compressed Natural Gas Sale                                                     USD                  -
       Energy                                                                        3 Years           Internal
                                                 and Purchase



INVESTASI BARANG MODAL                                                              CAPITAL GOODS INVESTMENT

Informasi mengenai investasi barang modal yang dilakukan                            Information regarding the Company’s capital goods
Perseroan dalam kurun waktu 2 tahun terakhir dijelaskan                             investment over the past 2 years is detailed in the table
secara rinci pada tabel di bawah ini.                                               below.


Investasi Barang Modal yang Direalisasikan pada Tahun Buku Terakhir
Realized Capital Goods Investment in the Last Fiscal Year

                                             YoY 2022-2023
Uraian                Tujuan
                                                                             2023               2022              2021           2020               2019
Description          Objective
                                         %               Nominal

                    Pendukung
 Tanah              Operasional
                                                           2.250.183        2.250.183                   -                 -                 -               -
 Land               Operational
                    Support

                    Pendukung
 Bangunan           Operasional
                                        1607,01%           2.794.826        2.968.741            173.915     2.295.494           1.201.980          3.781.470
 Buildings          Operational
                    Support

                    Pendukung
 Jaringan Pipa      Operasional
                                         188,79%         19.289.955        29.507.519          10.217.564   63.733.472           1.201.980         4.047.083
 Pipelines          Operational
                    Support

 Kompresor          Pendukung
 Gas                Operasional
                                        -100,00%           (538.222)                   -        538.222                   -                 -         86.646
 Gas                Operational
 Compressor         Support

                    Pendukung
 Fasilitas LPG      Operasional
                                        696,44%               65.312           74.690              9.378      2.891.860                     -               -
 LPG Facilities     Operational
                    Support
 Mesin dan
                    Pendukung
 Peralatan
                    Operasional
 Machineries                             178,60%          2.699.232         4.210.583           1.511.351         1.247.138            19.544       1.749.454
                    Operational
 and
                    Support
 equipment




PT Rukun Raharja Tbk                                                                                Annual Report 2023                                    150
Page 151
                                       ANALISIS DAN PEMBAHASAN MANAJEMEN
                                       MANAGEMENT DISCUSSION AND ANALYSIS




                                   YoY 2022-2023
Uraian             Tujuan
                                                               2023          2022          2021          2020        2019
Description       Objective
                                  %          Nominal

 Peralatan       Pendukung
 Kantor          Operasional
                                  -75,15%        (303.011)      100.199       403.210      235.265       163.858            -
 Office          Operational
 equipment       Support

                 Pendukung
 Kendaraan       Operasional
                                  89,42%         868.984      1.840.823       971.839      404.603        98.767     198.024
 Vehicles        Operational
                 Support

 Aset dalam      Pendukung
 penyelesaian    Operasional
                                 -100,00%   (12.814.769)              -     12.814.769    2.615.834             -           -
 Construction    Operational
 in progress     Support

 Total                            53,73%     14.312.490      40.952.738   26.640.248     73.423.666     1.725.335   9.862.677

 Properti
                 Pendukung
 Minyak dan
                 Operasional
 Gas                                    -    26.500.000      26.500.000              -            -             -           -
                 Operational
 Oil and Gas
                 Support
 Properties

 Total Capital
 Expenditure
                                  153,20%    40.812.490      67.452.738   26.640.248              -             -           -
 Total Capital
 Expenditure



Pada tahun 2023, investasi sarana produksi Perseroan akan         In 2023, the Company’s production facility investments
difokuskan pada kegiatan investasi aset tetap. Selain itu,        focused on fixed asset investment activities. Additionally,
Perseroan telah menandatangani komitmen besar terkait             the Company has signed significant commitments related
penanaman modal dengan sejumlah pengguna industri.                to capital investments with several industrial users.



INFORMASI SETELAH TANGGAL LAPORAN                                 INFORMATION AFTER THE ACCOUNTANT’S REPORT DATE
AKUNTAN

Berdasarkan Keputusan Sirkuler Perusahaan tertanggal              Based on the Company Circular Decree dated January 11,
11 Januari 2024, Dewan Komisaris memutuskan dan                   2024, the Board of Commissioners decided and approved
menyetujui perubahan anggota komite audit Perusahaan              changes to the Company’s audit committee members as
dengan rincian sebagai berikut:                                   follows:
•    Komite Audit Ketua: Orias Petrus Moedak                      •    Audit Committee Chairman: Orias Petrus Moedak
•    Anggota: D. Andhi Nirwanto                                   •    Member: D. Andhi Nirwanto
•    Anggota: Aryo Wibisono, SE                                   •    Member: Aryo Wibisono, SE
•    Anggota: Budi Taufik Wibawa                                  •    Member: Budi Taufik Wibawa

PROSPEK USAHA                                                     BUSINESS PROSPECTS

Saat ini pengembangan EBT mengacu kepada Perpres                  Currently, the development of Renewable Energy (EBT)
No. 5 tahun 2006 tentang Kebijakan Energi Nasional.               refers to Presidential Regulation No. 5 of 2006 regarding
Dalam Perpres disebutkan kontribusi EBT dalam bauran              the National Energy Policy. The Presidential Regulation
energi primer nasional pada tahun 2025 adalah sebesar             states that the contribution of EBT to the national primary
17% dengan komposisi Bahan Bakar Nabati sebesar 5%,               energy mix in 2025 will be 17%, with a composition of
Panas Bumi 5%, Biomasa, Nuklir, Air, Surya, dan Angin             5% Biofuels, 5% Geothermal, 5% Biomass, Nuclear,
5%, serta batubara yang dicairkan sebesar 2%. Untuk               Water, Solar, and Wind, and 2% liquefied coal. Therefore,




151                       Laporan Tahunan 2023                                                        PT Rukun Raharja Tbk
Page 152
itu langkah-langkah yang akan diambil Pemerintah                                 the measures to be taken by the Government include
adalah menambah kapasitas terpasang Pembangkit                                   increasing the installed capacity of Micro Hydro Power
Listrik Mikro Hidro menjadi 2.846 MW pada tahun 2025,                            Plants to 2,846 MW in 2025, Biomass installed capacity
kapasitas terpasang Biomasa 180 MW pada tahun 2020,                              to 180 MW in 2020, Installed Wind Power Capacity (Wind
kapasitas terpasang angin (PLT Bayu) sebesar 0,97 GW                             Power Plant) to 0.97 GW in 2025, solar power to 0.87
pada tahun 2025, surya 0,87 GW pada tahun 2024,                                  GW in 2024, and nuclear power to 4.2 GW in 2024. The
dan nuklir 4,2 GW pada tahun 2024. Total investasi                               total investment absorbed by EBT development until
yang diserap pengembangan EBT sampai tahun 2025                                  2025 is projected to be USD13,197 million. To seize these
diproyeksikan sebesar 13.197 juta USD. Untuk mengambil                           opportunities, the Company, through its subsidiary PT
peluang tersebut, Perseroan melalui anak usahanya PT                             Energasindo Heksa Karya (EHK), strengthens its gas
Energasindo Heksa Karya (EHK) memperkokoh portfolio                              trading business portfolio by expanding the gas pipelines
bisnis perdagangan gas dengan memperluas jaringan pipa                           in Siak Regency, Riau Province. Additionally, the Company
gas di Kabupaten Siak, Provinsi Riau. Selain itu, Perseroan                      is also considering exploring other strategic partnerships
juga mempertimbangkan untuk menjajaki kemitraan                                  in the future and expanding its customer base according
strategis lain pada masa depan dan memperluas basis                              to market demand, as the Company understands that the
pelanggannya sesuai dengan permintaan pasar, karena                              gas trading business remains a business line with great
perusahaan memahami bahwa bisnis perdagangan gas                                 potential for development.
masih menjadi lini bisnis yang memiliki potensi yang
besar untuk dikembangkan.

PERBANDINGAN TARGET DAN REALISASI, SERTA                                         COMPARISON OF TARGETS AND REALIZATIONS
TARGET KE DEPAN                                                                  AND FUTURE TARGETS

Perbandingan Target dan Realisasi                                                Comparison of Targets and Realizations

Pada awal tahun buku 2023, Perseroan telah menetapkan                            At the beginning of the 2023 fiscal year, the Company set
sejumlah target yang hendak dicapai. Kinerja Perseroan                           several targets to be achieved. The Company’s performance
tahun 2023 berhasil melampaui target yang telah                                  in 2023 exceeded the set targets.
ditetapkan.


      Indikator                          Realisasi 2023                                 Target 2023                        Target 2024
     Indicators                         2023 Realizations                               2023 Targets                       2024 Targets

 Volume Penjualan       Realisasi volume penjualan gas 2023 mengalami           Kenaikan volume penjualan gas.   Kenaikan volume penjualan gas.
 Sales Volume           peningkatan dibanding realisasi tahun 2022.              Increase in gas sales volume.    Increase in gas sales volume.
                        The gas sales volume realization in 2023 increased
                        compared to the realization in 2022.

 Pendapatan             Realisasi total pendapatan 2023 mengalami                   Pendapatan meningkat            Pendapatan meningkat
 Revenues               peningkatan dibandingkan tahun 2022.                       dibandingkan tahun 2022.        dibandingkan tahun 2023.
                        The total revenue realization in 2023 increased         Revenues increased compared to   Revenue increased compared to
                        compared to 2022.                                                    2022.                           2023.


 EBITDA                 Realisasi EBITDA tahun 2023 mengalami kenaikan           EBITD​​A tumbuh dibandingkan     EBITDA tumbuh dibandingkan
 ​​EBITDA               dibanding realisasi EBITDA tahun 2022.                             tahun 2022.                    tahun 2023.
                        The EBITDA realization in 2023 increased compared       EBITDA grew compared to 2022.    EBITDA grew compared to 20213.
                        to the EBITDA realization in 2022.

 Belanja Modal          Realisasi belanja modal 2023 mengalami peningkatan        Belanja modal meningkat              Belanja modal tumbuh
 Capital Expenditures   dibandingkan tahun 2022.                                  dibandingkan tahun 2022.           dibandingkan tahun 2023.
                        The capial expenditures realization in 2023 increased   Capital expenditures increased       Capital expenditures grew
                        compared to 2022.                                             compared to 2022.                 compared to 20213.




PT Rukun Raharja Tbk                                                                            Annual Report 2023                               152
Page 153
                                      ANALISIS DAN PEMBAHASAN MANAJEMEN
                                      MANAGEMENT DISCUSSION AND ANALYSIS




ASPEK PEMASARAN
MARKETING ASPECTS


Permintaan energi pada tahun 2024 diperkirakan akan            Energy demand in 2024 is projected to remain high,
tetap tinggi, mencerminkan pemulihan ekonomi yang              reflecting sustainable economic recovery. Throughout
berkelanjutan. Sepanjang tahun 2023, harga bahan bakar         2023, fossil fuel prices decreased compared to their peak
fosil turun dibandingkan harga tertingginya pada tahun         in 2022 due to volatile market conditions.
2022 akibat kondisi pasar yang bergejolak.

Dalam konteks ini, fokus strategis kami tetap pada menjaga     In this context, our strategic focus remains on maintain-
stabilitas produksi dan meningkatkan infrastruktur             ing production stability and enhancing our marketing
pemasaran kami. Upaya ini ditujukan untuk memastikan           infrastructure. These efforts are aimed at ensuring our
kelangsungan operasional kami dan menjamin kelancaran          operational continuity and ensuring smooth supply chains
rantai pasok dalam pasar.                                      in the market.



STRATEGI PEMASARAN                                             MARKETING STRATEGY

Untuk mewujudkan visi kami sebagai perusahaan investasi        To realize our vision as a reliable investment company
andal yang menyediakan energi bersih bagi kehidupan            providing clean energy for the nation and society, we
bangsa dan masyarakat, kami dan anak perusahaan                and our subsidiaries consistently formulate a series of
kami secara konsisten merumuskan serangkaian strategi          business development strategies. These business devel-
pengembangan bisnis. Strategi pengembangan bisnis              opment strategies encompass the entire business activity
ini mencakup keseluruhan sistem kegiatan bisnis yang           system aimed at achieving the Company’s purposes and
bertujuan untuk mencapai maksud dan tujuan Perusahaan.         objectives. Business development strategies include:
Strategi pengembangan bisnis meliputi::

1.    Penandatanganan Perjanjian Jual Beli Gas (PJBG)          1.   Signing Gas Sales and Purchase Agreements (GSPAs/
      dengan konsumen baru di wilayah Sumatra.                      PJBG) with new consumers in the Sumatera region.
2.    Menandatangani participating interest pada Blok          2.   Signing a participating interest in Oil and Gas Blocks
      Migas di Sumatera.                                            in Sumatera.
3.    Penambahan alokasi gas di Jawa Tengah untuk bisnis       3.   Increasing gas allocation in Central Java for com-
      compressed natural gas (CNG) melalui anak usaha.              pressed natural gas (CNG) businesses through
4.    Melakukan eksplorasi pada salah satu blok migas               subsidiaries.Increasing gas allocation in the Central
      di Sumatera.Mengakusisi entitas lain yang bergerak            Java area.
      dalam bisnis compressed natural gas (CNG) melalui        4.   Exploration activities in one of the oil and gas blocks
      anak usaha.                                                   in Sumatera.
5.    Mencari peluang pengembangan blok migas baru.            5.   Seeking opportunities to develop new oil and gas
      Melakukan penjajakan akuisisi perusahaan yang                 blocks.
      bergerak dalam bidang Pengolahan Air.                    6.   Initiating exploration into renewable energy business
6.    Mulai menjajaki bisnis energi terbarukan untuk                to diversify business portfolios.
      diversifikasi portofolio bisnis.                         7.   Building strong business communication with rele-
7.    Membangun komunikasi bisnis yang kuat dengan                  vant stakeholders to support business development.
      para pemangku kepentingan terkait guna mendukung
      pengembangan bisnis

Pangsa Pasar                                                   Market Share

Pangsa pasar Perseroan di tahun 2023 tercatat sebesar          The Company’s market share in 2023 was recorded at
7.4%. Pencapaian tersebut dibandingkan dengan total            7.4%. The achievement was compared to the total sales
penjualan perusahaan sektor penyimpanan dan distribusi         of companies in the oil and gas storage and distribution
minyak dan gas yang terdaftar di Bursa Efek Indonesia.         sector listed on the Indonesia Stock Exchange.




153                    Laporan Tahunan 2023                                                    PT Rukun Raharja Tbk
Page 154
DIVIDEN DAN KEBIJAKAN DIVIDEN
DIVIDENDS AND DIVIDEND POLICY


Berdasarkan Keputusan Rapat umum pemegang                         Based on the Annual General Meeting of Shareholders
Saham (RUPS) Tahunan tanggal 29 Mei 2023, para                    (AGM) resolutions on May 29, 2023, shareholders approved
pemegang saham menyetujui pembagian dividen sebesar               a dividend distribution of USD4,500,000 (four million five
USD4.500.000 (empat juta lima ratus ribu Dolar Amerika            hundred thousand United States Dollars) or equivalent
Serikat) atau ekuivalen Rp67.083.799.275 (enam puluh              to Rp67,083,799,275 (sixty-seven billion eighty-three
tujuh miliar delapan puluh tiga juta tujuh ratus sembilan         million seven hundred ninety-nine thousand two hundred
puluh sembilan ribu dua ratus tujuh puluh lima Rupiah)            seventy-five Rupiah) at Bank Indonesia’s middle exchange
sesuai dengan kurs tengah Bank Indonesia Rp14.905                 rate of Rp14,905 (fourteen thousand nine hundred five
(empat belas ribu sembilan ratus lima Rupiah) per tanggal         Rupiah) per May 25, 2023.
25 Mei 2023.

Adapun dividen yang diberikan Perseroan kepada                    The dividends distributed by the Company to shareholders
pemegang Saham dalam 3 tahun terakhir adalah sebagai              in the last 3 years are as follows:
berikut:



                                                                          Tahun Buku
Uraian                                                                      Year Book
Description
                                              2022                                2021                              2020


Laba Bersih (dalam USD)
                                                  USD8.821.573                       USD2.252.268                       USD1.389.429
Net Profit (in USD)



Jumlah Dividen                                   USD4,500,000/                       USD1,993,045/                      USD1,518,712/
Dividend Amount                                Rp67.083.799.275                   Rp29.505.035.850                    Rp21.811.745.700



Dividen per Saham (dalam Rp)
                                                       Rp15,87                             Rp6,98                              Rp5,16
Dividend per Share (in Rp)



Payout Ratio (%)
                                                        51,01%                             88,49%                            109,30%
Payout Ratio (%)



Dasar Hukum                    Akta No.69 tanggal 29 Mei 2023     Akta No.37 tanggal 22 Juni 2022    Akta No.32 tanggal 27 April 2021
Legal Basis                    Deed No.69 dated May 29, 2023      Deed No.37 dated June 22, 2022     Deed No.32 dated April 27, 2021



Tanggal Pengumuman             31 Mei 2023                        23 Juni 2022                       28 April 2021
Announcement Date              May 31, 2023                       June 23, 2022                      April 28, 2021



Tanggal Pembayaran             27 Juni 2023                       22 Juli 2022                       27 Mei 2021
Payment Date                   June 27, 2023                      July 22, 2022                      May 27, 2021




PT Rukun Raharja Tbk                                                               Annual Report 2023                             154
Page 155
                                     ANALISIS DAN PEMBAHASAN MANAJEMEN
                                     MANAGEMENT DISCUSSION AND ANALYSIS




Kebijakan Dividen                                             Dividend Policy

Kebijakan dividen Perusahaan mengacu pada peraturan           The Company’s dividend policy refers to the Company’s
Perusahaan dan peraturan Perundang-Undangan. Selain           regulations and laws and regulations. In addition, the
itu, kebijakan pembagian dividen juga melihat kinerja         dividend distribution policy also considers the financial
keuangan, serta strategi Perusahaan di masa depan.            performance and the Company’s future strategy.

R E A L I SAS I P E N G G U N A A N DA N A H AS I L           REALIZATION OF THE USE OF PROCEEDS FROM
PENAWARAN UMUM                                                THE PUBLIC OFFERING

Pada tanggal 31 Desember 2002, Perusahaan memperoleh          On December 31, 2002, the Company obtained an effective
surat pernyataan efektif dari Ketua Badan Pengawas Pasar      statement from the Chairman of the Capital Market
Modal (“Bapepam”) dengan surat Nomor S-2699/PM/2002           Supervisory Agency (“Bapepam”) with its letter number
untuk melakukan Penawaran Umum Saham Perdana                  S-2699/PM/2002 to do Initial Public Offering of its shares
Perusahaan kepada masyarakat sejumlah 120.000.000             of 120,000,000 (one hundred twenty million) registered
(seratus dua puluh juta) lembar saham biasa atas nama         stocks with 84,000,000 (eighty-four million) warrants
disertai dengan waran sebanyak 84.000.000 (delapan            allocated free of charge. Each holder of a warrant is
puluh empat juta) lembar waran yang diberikan secara          entitled to purchase one share of the Company with an
cuma-cuma. Setiap pemegang satu waran berhak membeli          exercise price of Rp 100 per share. Purchases can be
satu saham Perusahaan dengan harga pelaksanaan                made during the execution period starting on July 21, 2003
sebesar Rp 100 per saham. Pembelian dapat dilakukan           until January 22, 2006. If the warrants are not exercised
selama masa pelaksanaan yaitu mulai tanggal 21 Juli           until the period of validity expires, the warrants shall
2003 sampai dengan 22 Januari 2006. Bila waran tidak          be expired. All shares have been listed on the Surabaya
dilaksanakan sampai dengan masa berlaku habis, maka           Stock Exchange on January 22, 2003.
waran tersebut menjadi kedaluwarsa. Seluruh saham
tersebut telah dicatat di Bursa Efek Surabaya tanggal
22 Januari 2003.

Pada tanggal 28 Juni 2005, Perusahaan memperoleh surat        On June 28, 2005, the Company obtained the effective
pernyataan efektif dari Ketua Bapepam dengan surat            statement from the Chairman of Bapepam with letter
Nomor: S1697/PM/2005 untuk melakukan Penawaran                number S1697/PM/2005 to do Right Issue (Limited Public
Umum Terbatas I kepada para pemegang saham dalam              Offering) I to the shareholders in the framework of the
rangka penerbitan Hak Memesan Efek Terlebih Dahulu            issuance of Preemptive Rights (“HMETD”). The number
(“HMETD”). Jumlah saham hasil penawaran umum terbatas         of shares of the limited public offering I is as much as
I adalah sebanyak 362.718.750 (tiga ratus enam puluh          362,718,750 (three hundred sixty-two million seven
dua juta tujuh ratus delapan belas ribu tujuh ratus lima      hundred eighteen thousand seven hundred fifty) shares
puluh ribu) lembar saham dengan harga pelaksanaan             with an exercise price of Rp100 per share.
Rp 100 setiap saham.

Pada tanggal 30 April 2012, Perusahaan memperoleh             On April 30, 2012, the Company obtained an effective
surat pernyataan efektif dari Ketua Bapepam dengan            statement of the Chairman of Bapepam in letter No.
surat No. S-4933/BL/2012 untuk melakukan penawaran            S-4933/BL/2012 to conduct a Limited Public Offering
umum terbatas II kepada para pemegang saham dalam             II to shareholders to issue Preemptive Rights (HMETD)
rangka penerbitan HMETD Saham Biasa Atas Nama                 for registered stocks with a nominal value of Rp100 per
dengan nilai nominal Rp 100 setiap saham, dengan              share, with the provision of any holder of 2 (two) old shares
ketentuan setiap pemegang 2 (dua) saham lama berhak           entitled to 1 (one) HMETD to purchase 1 (one) new share.
atas 1 (satu) HMETD untuk membeli 1 (satu) saham              The number of shares resulting from the limited public
baru. Jumlah saham hasil penawaran umum terbatas II           offering II is as much as 339,756,875 shares, with an
adalah sebanyak 339.756.875 saham dengan nilai harga          exercise price of Rp677 per share.
pelaksanaan Rp677 setiap saham.




155                   Laporan Tahunan 2023                                                     PT Rukun Raharja Tbk
Page 156
Perusahaan telah melakukan penambahan modal sebanyak        The Company has increased its capital byas much as 10%
10% (sepuluh persen) dari modal disetor melalui mekanisme   (ten percent) from paid-up capital through the mechanism
penambahan modal tanpa memberikan HMETD dahulu              of capital increase without issuing HMETD first withdue
dengan memperhatikan ketentuan perundang-undangan           observance of the prevailing laws and regulations in the
yang berlaku di bidang pasar modal khususnya Peraturan      capital market sector, especially the Financial Services
Otoritas Jasa Keuangan No. 38/POJK.04/2014 tentang          Authority Regulation No. 38/POJK.04/2014 concerning
penambahan modal perusahaan tanpa memesan efek              Capital Increases without Preemptive Rights, based on
terlebih dahulu, berdasarkan Akta No. 20 tanggal 21         Deed No. 20 dated September 21, 2018, made by Rini
September 2018 dibuat oleh Rini Yulianti S.H., yang mana    Yulianti S.H., which has been notified to the Minister of
telah diberitahukan kepada Menteri Hukum dan Hak Asasi      Justice and Human Rights based on the letter of receipt of
Manusia berdasarkan surat penerimaan pemberitahuan          notification of amendments to the Company’s articles of
perubahan anggaran dasar Perusahaan No. AHUAH.01.03-        association No. AHUAH.01.03-0245634 dated September
0245634 tanggal 24 September 2018.                          24, 2018.

INFORMASI MATERIAL TERKAIT INVESTASI,                       M AT E R I A L I N F O R M AT I O N R E L AT E D T O
E K S PA N S I , D I V E S TA S I , A K U I S I S I ,       INVESTMENTS, EXPANSIONS, DIVESTMENTS,
RESTRUKTURISASI UTANG DAN/ATAU MODAL                        AC Q U I S I T I O N S , D E BT A N D / O R C A P I TA L
                                                            RESTRUCTURING

Investasi                                                   Investment

Perseroan menyerap seluruh belanja modal atau capital       The Company absorbed the entire capital expenditure or
expenditure (capex) sebesar USD67,45 juta selama tahun      capex amounting to USD67.45 million during 2023. The use
2023. Penggunaan belanja modal ini dialokasikan untuk       of this capital expenditure was allocated for investment
investasi pada Blok Jabung, penyelesaian pembangunan        in the Jabung Block, completion of the construction of the
Stasiun Induk CNG di Jawa Tengah, serta pembangunan         CNG Central Station in Central Java, and the construction
pipa untuk melayani customer baru yang berlokasi di         of pipelines to serve new customers located in Siak, Riau
Siak, Provinsi Riau.                                        Province.

Ekspansi                                                    Expansion

Pada tahun 2023, Rukun Raharja melakukan ekspansi           In 2023, Rukun Raharja expanded its business into the
bisnis di sektor petrokimia dan energi baru terbarukan      petrochemical and new renewable energy (EBT) sectors.
(EBT).

Divestasi, Penggabungan/Peleburan Usaha,                    Divestment, Mergers/Business Consolidation,
Akuisisi, dan Restrukturisasi Utang/Modal                   Acquisitions, and Debt/Capital Restructuring

Berdasarkan Perjanjian Jual Beli Participating Interest     Based on the Conditional Participating Interest (“PI”)
(“PI”) Bersyarat antara PT GPI Jabung Indonesia (“GPI”)     Sale and Purchase Agreement between PT GPI Jabung
dan PT Raharja Energi Tanjung Jabung (“RETJ”), entitas      Indonesia (“GPI”) and PT Raharja Energi Tanjung Jabung
anak, tanggal 7 Juni 2023, GPI setuju untuk menjual dan     (“RETJ”), a subsidiary, dated June 7, 2023, GPI agreed to
mengalihkan 8% kepemilikan atas PI sebesar di Wilayah       sell and transfer the PI of 8% in the Jabung Working Area
Kerja Jabung kepada RETJ dengan harga jual senilai          to RETJ with a selling price of USD26,500,000, inclusive
USD26.500.000, termasuk Production Sharing Contract         Production Sharing Contract (“PSC”) -Transfer Tax of 7%.
(“PSC”) - 7% Transfer Tax. RETJ telah mendapatkan           RETJ has obtained approval from the Minister of Energy
persetujuan dari Menteri Energi dan Sumber Daya Mineral     and Mineral Resources of the Republic of Indonesia
Republik Indonesia nomor T-965/MG.04/MEM.M/2023             number T-965/MG.04/MEM.M/2023 dated December
tanggal 22 Desember 2023 atas pengalihan tersebut.          22, 2023 for the transfer.




PT Rukun Raharja Tbk                                                     Annual Report 2023                      156
Page 157
                                              ANALISIS DAN PEMBAHASAN MANAJEMEN
                                              MANAGEMENT DISCUSSION AND ANALYSIS




RETJ memiliki hak atas pendapatan dan keuntungan,                      RETJ is entitled proportional or participatory share for
sesuai dengan porsi atau bagian partisipasinya, selama                 20 (twenty) years, commencing from February 27, 2023,
periode dua puluh (20) tahun, mulai dari tanggal 27                    until February 27, 2043. Capital expenditures that have
Februari 2023 hingga 27 Februari 2043. Pengeluaran                     been realized by RETJ for the purchase of Participating
modal yang telah direalisasikan pengunaannya oleh RETJ                 Interest portion, were recorded as “Oil and Gas Properties.”
untuk pembelian porsi Participating Interest, dicatat
sebagai “Properti minyak dan gas”.

Transaksi-Transaksi Dan Saldo Dengan Pihak-                            Related Parties Transactions and Balances
pihak Berelasi

Dalam kegiatan usaha normal, Grup melakukan transaksi                  In conducting its normal business activities, the Group
usaha dan keuangan dengan pihak-pihak berelasi dengan                  entered into certain business and financial transactions
rincian sebagai berikut:                                               with its related parties with details are as follows:

a.    Saldo piutang lain-lain dengan pihak berelasi pada               a.   Other receivable from related parties as of December
      tanggal 31 Desember 2023 dan 2022, terdiri dari:                      31, 2023 and 2022 consist of:

      (Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)
      (Expressed in full US Dollars, unless otherwise stated)


                                                                    2023                                    2022


      PT Sentosa Bersama Mitra                                                     5.525.493                                     -

      Direksi dan karyawan
                                                                                    555.796                               309.484
      Directors and employees

      Jumlah
                                                                                   6.081.289                              309.484
      Total

      Persentase terhadap jumlah aset konsolidasian
                                                                                      1,85%                                 0,12%
      Percentage of consolidated total assets




PT Sentosa Bersama Mitra (“SBM”)                                       PT Sentosa Bersama Mitra (“SBM”)

Pada tanggal 9 Maret 2023, Perusahaan dan SBM                          On March 9 2023, the Company and SBM entered into a
melakukan perjanjian pinjaman yang menyebutkan bahwa                   loan agreement which stated that the Company agreed to
Perusahaan sepakat untuk memberikan pinjaman kepada                    provide a loan to SBM of a maximum of Rp3,000,000,000
SBM maksimal Rp3.000.000.000 (setara USD194.603)                       (equivalent to USD194,603) for working capital purposes.
untuk keperluan modal kerja. Jangka waktu perjanjian                   The term of this agreement is until March 8, 2024 and
ini sampai dengan tanggal 8 Maret 2024 dan dapat                       can be extended by agreement of both parties. Until
diperpanjang dengan kesepakatan kedua belah pihak.                     the reporting date, the agreement is still undergoing
Sampai dengan tanggal pelaporan, perjanjian tersebut                   extension processes.
masih dalam proses perpanjangan.




157                         Laporan Tahunan 2023                                                       PT Rukun Raharja Tbk
Page 158
Pada tanggal 18 September 2023, Perusahaan dan SBM                  On September 18, 2023, the Company and SBM entered
melakukan perjanjian pinjaman yang menyebutkan bahwa               into a loan agreement which stated that the Company
Perusahaan akan memberikan pinjaman kepada SBM                     would provide a loan to SBM amounting to USD5,000,000
sebesar USD5.000.000 untuk keperluan modal kerja                   for temporary working capital purposes. The term of this
sementara. Jangka waktu perjanjian ini sampai dengan               agreement is until December 17, 2023 and can be extended
tanggal 17 Desember 2023 dan dapat diperpanjang                    by agreement of both parties. Until the reporting date,
dengan kesepakatan kedua belah pihak. Sampai dengan                the agreement is still undergoing extension processes.
tanggal pelaporan, perjanjian tersebut masih dalam
proses perpanjangan.

b.   Saldo utang lain-lain dengan pihak berelasi pada              b.   Other payable to related parties as at December 31,
     tanggal 31 Desember 2023 dan 2022, terdiri dari:                   2023 and 2022 consist of:

     (Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)
     (Expressed in full US Dollars, unless otherwise stated)


                                                                 2023                                2022


     PT Sentosa Bersama Mitra                                                545.000                                    -

     Persentase terhadap jumlah liabilitas konsolidasian
                                                                               0,31%                               0,00%
     Percentage of consolidated total liabilities




c.   Beban jasa profesional dari pihak berelasi untuk              c.   Professional fees from related parties for the year
     tahun yang berakhir pada tanggal 31 Desember                       ended December 31, 2023 and 2022 consist of:
     2023 dan 2022, terdiri dari:

     (Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)
     (Expressed in full US Dollars, unless otherwise stated)


                                                                 2023                                2022


     PT Sentosa Bersama Mitra                                                500.000                                    -

     Persentase terhadap beban umum dan administrasi
     konsolidasian
                                                                               2,79%                               0,00%
     Percentage of consolidated general and administrative
     expense




PT Rukun Raharja Tbk                                                            Annual Report 2023                    158
Page 159
                                      ANALISIS DAN PEMBAHASAN MANAJEMEN
                                      MANAGEMENT DISCUSSION AND ANALYSIS




Sifat Hubungan Dengan Pihak Berelasi                           Related Parties Transactions and Balances

Sifat hubungan dengan pihak berelasi adalah sebagai            The nature of relationship with related parties are as
berikut:                                                       follows:
•   Direksi dan karyawan adalah manajemen kunci Grup.          •    Board of Directors and employees are key management
•   PT Sentosa Bersama Mitra adalah pemegang saham                  of the Group.
    Perusahaan.                                                •    PT Sentosa Bersama Mitra is shareholder of the
                                                                    Company.

Kewajaran dan Alasan Dilakukan Transaksi                       Fairness and Reasons for Transactions

Seluruh transaksi yang dilakukan hingga Desember 2023          All transactions conducted until December 2023 were
dilakukan secara wajar (Arm’s Length) dan sesuai dengan        conducted fairly (Arm’s Length) and in accordance with
persyaratan komersial normal. Kewajaran transaksi dengan       normal commercial terms. The fairness of transactions
pihak terkait atau mengandung benturan kepentingan             with related parties or containing conflicts of interest
telah dilakukan secara wajar sesuai peraturan perundang-       has been conducted fairly in accordance with laws and
undangan. Transaksi dilakukan atas dasar alasan                regulations. Transactions are based on the Company’s
kebutuhan Perseroan dan bebas dari konflik kepentingan.        needs and free from conflicts of interest.

Grup menerapkan PSAK No. 7, “Pengungkapan pihak-               The Group applied SFAS No. 7, “Related party disclosures”.
pihak berelasi”. PSAK ini mensyaratkan pengungkapan            This SFAS requires disclosures of relationships, transactions
hubungan, transaksi dan saldo pihak-pihak berelasi,            and balances of related parties, including commitments
termasuk komitmen dalam laporan keuangan konsolidasian.        in the consolidated financial statements.

Pemenuhan Peraturan dan Ketentuan Terkait                      Compliance with Related Regulations and Provisions

Transaksi dengan pihak afiliasi yang dilakukan Perseroan       Transactions with affiliated parties conducted by the
telah sesuai dengan Peraturan Bapepam dan LK No. KEP-          Company have complied with the Regulations of the Capital
347/BL/2012 tanggal 25 Juni 2012 tentang “Penyajian            Market Supervisory Agency and Financial Institutions
dan Pengungkapan Laporan Keuangan Emiten atau                  No. KEP-347/BL/2012, dated June 25, 2012, concerning
Perusahaan Publik.’’                                           “Financial Statements Presentation and Disclosures of
                                                               Issuers or Public Companies.”

Kebijakan Mekanisme Review atas Transaksi dan                  Policy on Review Mechanisms for Transactions and
Pemenuhan Peraturan Terkait                                    Compliance with Related Regulations

Perseroan memiliki kebijakan mengenai persyaratan dan          The Company has a policy regarding the requirements
kondisi transaksi yang mengandung benturan kepentingan         and conditions of transactions that contain conflicts of
dan/atau transaksi dengan pihak berelasi.                      interest and/or transactions with related parties.

Secara umum persyaratan dan kondisi transaksi dengan           In general, the requirements and conditions of transactions
pihak berelasi dilakukan sebagaimana dengan pihak              with related parties are carried out as with third parties
ketiga yang di-review oleh Komite Audit serta wajib            reviewed by the Audit Committee and must be approved
mendapatkan persetujuan dari Dewan Komisaris.                  by the Board of Commissioners.

Selama tahun 2023, tidak terdapat pelanggaran atas             During 2023, there were no violations of laws and
peraturan perundang-undangan terkait dengan transaksi          regulations regarding transactions with related parties,
dengan pihak berelasi serta tidak terdapat transaksi yang      and there were no transactions containing conflicts of
mengandung benturan kepentingan.                               interest.




159                    Laporan Tahunan 2023                                                     PT Rukun Raharja Tbk
Page 160
PE RUBAHAN PE R ATUR AN PE RUNDANG-                                                   C H A N G E S I N L AW S A N D R E G U L AT I O N S
UNDANGAN YANG BERPENGARUH SIGNIFIKAN                                                  SIGNIFICANTLY AFFECTING THE COMPANY
TERHADAP PERUSAHAAN

Terdapat perubahan ketentuan peraturan perundang-                                     There have been changes in the provisions of laws and
undangan yang berpengaruh signifikan terhadap                                         regulations significantly affecting the Company throughout
Perseroan sepanjang tahun 2023.                                                       2023.

 Perubahan Peraturan Perundang-undangan yang Berpengaruh Signifikan terhadap Perusahaan
 Changes in Laws and Regulations Significantly Affecting the Company

 Perubahan Undang-undang                                              Dampak bagi Perseroan
 Changes in the Laws                                                  Impacts on the Company

 Undang-undang (UU) Nomor 6 Tahun 2023 tentang Penetapan              Pada saat Peraturan Pemerintah mengenai alih daya telah disahkan, maka Rukun
 Peraturan Pemerintah Pengganti Undang-Undang Nomor 2                 Raharja wajib segera melakukan tinjauan kesesuaian jenis-jenis pekerjaan yang
 Tahun 2022 tentang Cipta Kerja menjadi Undang-Undang                 dapat dialih dayakan berdasarkan Peraturan Pemerintah dimaksud.
 L aw N u m b e r 6 of 2 0 2 3 re ga rd i n g t h e En a ct m e nt    When the Government Regulation regarding outsourcing has been passed, Rukun
 of Government Regulation in Lieu of Law Number 2                     Raharja is obliged to immediately carry out a review of the suitability of the types
 of 2022 Concerning Job Creation into Law.                            of work that can be outsourced based on the Government Regulation in question.




PERUBAHAN KEBIJAKAN AKUNTANSI
CHANGES TO ACCOUNTING POLICIES

 Perubahan Kebijakan Akuntansi
 Changes to Accounting Policies

 Amandemen PSAK                         Deskripsi                                       Dampak pada Perusahaan
 Amendments to SFAS                     Description                                     Impacts on the Company

 Amendemen PSAK 1                       “Penyajian Laporan Keuangan” tentang            Tidak relevan atau tidak menyebabkan perubahan signifikan atas
 The amendments to SFAS 1               kewajiban diklasifikasikan antara lancar        kebijakan akuntansi Perusahaan dan tidak memberikan dampak
                                        dan tidak lancar dan pengungkapan               yang material terhadap jumlah yang dilaporkan di laporan keuangan
                                        kebijakan akuntansi.                            konsolidasian tahun berjalan.
                                        “Presentation of Financial Statements”          It was not relevant or did not result in substantial changes to the
                                        about the classification of liabilities         Company's accounting policies and had no material effect on the
                                        between current and non-current and             amounts reported for the current year's consolidated financial
                                        disclosure of accounting policies.              statements.

 Amendemen PSAK 16                      “Aset Tetap” tentang hasil sebelum              Tidak relevan atau tidak menyebabkan perubahan signifikan atas
 The amendments to SFAS 16              penggunaan yang diintensikan.                   kebijakan akuntansi Perusahaan dan tidak memberikan dampak
                                        “Property, Plant and Equipment” about           yang material terhadap jumlah yang dilaporkan di laporan keuangan
                                        proceeds before intended use.                   konsolidasian tahun berjalan.
                                                                                        It was not relevant or did not result in substantial changes to the
                                                                                        Company's accounting policies and had no material effect on the
                                                                                        amounts reported for the current year's consolidated financial
                                                                                        statements.

 Amendemen PSAK 25                      “Kebijakan Akuntansi, Perubahan Estimasi        Tidak relevan atau tidak menyebabkan perubahan signifikan atas
 The amendments to SFAS 25              Akuntansi dan Kesalahan” tentang definisi       kebijakan akuntansi Perusahaan dan tidak memberikan dampak
                                        estimasi akuntansi.                             yang material terhadap jumlah yang dilaporkan di laporan keuangan
                                        “Accounting Policies, Changes in Accounting     konsolidasian tahun berjalan.
                                        Estimates and Errors” about definition          It was not relevant or did not result in substantial changes to the
                                        of accounting estimates.                        Company's accounting policies and had no material effect on the
                                        ​​                                              amounts reported for the current year's consolidated financial
                                                                                        statements.

 Amendemen PSAK 46                      “Pajak Penghasilan” tentang pajak               Tidak relevan atau tidak menyebabkan perubahan signifikan atas
 The amendments to SFAS 46              tangguhan terkait aset dan liabilitas           kebijakan akuntansi Perusahaan dan tidak memberikan dampak
                                        yang timbul dari transaksi tunggal.             yang material terhadap jumlah yang dilaporkan di laporan keuangan
                                        "Income Tax" about deferred tax related         konsolidasian tahun berjalan.
                                        to assets and liabilities arising from a        It was not relevant or did not result in substantial changes to the
                                        single transaction.                             Company's accounting policies and had no material effect on the
                                                                                        amounts reported for the current year's consolidated financial
                                                                                        statements.




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Page 161

          
Page 162
    TATA KELOLA
                          05
   PERUSAHAAN
CORPORATE GOVERNANCE



Tata Kelola Perusahaan yang Baik (Good Corporate
Governance), yang selanjutnya disebut GCG, adalah prinsip-
prinsip yang mendasari suatu proses dan mekanisme
pengelolaan perusahaan berlandaskan peraturan
perundang-undangan dan etika berusaha. Komitmen
Perseroan dalam menerapkan GCG terlihat dari visi, misi,
dan nilai-nilai budaya Perseroan. Dalam mewujudkan
visi dan menjalankan misinya, Perseroan senantiasa
berpegang pada asas-asas GCG yaitu Transparansi,
Akuntabilitas, Responsibilitas, Independensi, dan Fairness.
Good Corporate Governance (GCG), hereinafter referred
to as GCG, is the principles underlying a process and
mechanism of corporate management based on laws
and regulations and business ethics. The Company’s
commitment to implementing GCG is evident from its
vision, mission, and corporate cultural values. In realizing
its vision and carrying out its mission, the Company always
adheres to the GCG principles, namely Transparency,
Accountability, Responsibility, Independence, and Fairness.
Page 163
                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




STRUKTUR TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE STRUCTURE


Struktur Tata Kelola Perusahaan Berdasarkan Undang-          Corporate Governance Structure based on the Republic
Undang Republik Indonesia No. 40 tahun 2007 tentang          of Indonesia Law No. 40 of 2007 concerning Limited
Perseroan Terbatas (UU PT), Organ Perseroan terdiri dari     Liability Companies (Company Law), the Company’s organs
Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris            consist of the General Meeting of Shareholders (GMS),
dan Direksi. Sistem kepengurusan menganut sistem             the Board of Commissioners, and the Board of Directors.
dua badan (two tier system), yaitu Dewan Komisaris dan       The management system adopts a two-tier system: the
Direksi, yang memiliki wewenang dan tanggung jawab           Board of Commissioners and the Board of Directors. They
yang jelas sesuai fungsinya masing-masing sebagaimana        have clear authorities and responsibilities according to
diamanahkan dalam anggaran dasar dan peraturan               their respective functions as mandated in the articles of
perundang-undangan.                                          association and laws and regulations.

Sebagaimana dimaksud dalam Anggaran Dasar dan                As provided in the Articles of Association and applicable
peraturan perundang-undangan yang berlaku, masing-           laws and regulations, each organ plays an important role
masing organ mempunyai peran penting dalam penerapan         in implementing GCG and carries out its functions, duties,
GCG dan menjalankan fungsi, tugas, dan tanggung              and responsibilities for the interest of the Company.
jawabnya untuk kepentingan Perseroan.




                            Struktur Organ Tata Kelola Perusahaan yang Baik
                         Organizational Structure of Good Corporate Governance




                                         Rapat Umum Pemegang Saham
                                         General Meeting of Shareholders




                  Dewan Komisaris                                                    Direksi
               Board of Commissioners                                           Board of Directors




163                   Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
Page 164
RAPAT UMUM PEMEGANG SAHAM (RUPS)
GENERAL MEETING OF SHAREHOLDERS (GMS)


Rapat Umum Pemegang Saham (RUPS) merupakan                   The General Meeting of Shareholders (GMS) is the highest
organ Perseroan tertinggi yang mempunyai hak dan             organ of the Company. It has the rights and authorities not
kewenangan yang tidak dimiliki oleh Dewan Komisaris dan      possessed by the Board of Commissioners and the Board
Direksi dalam batasan yang ditentukan dalam ketentuan        of Directors within the limits specified in the provisions
peraturan perundangan dan Anggaran Dasar Perseroan.          of laws and regulations and the Company’s Articles of
                                                             Association.

PELAKSANAAN RUPS TAHUN 2023                                  IMPLEMENTATION OF THE GMS IN 2023

Pada tahun 2023, RAJA telah melaksanakan 2 kali RUPS,        In 2023, RAJA has conducted 2 GMS, namely the Annual
yaitu RUPS Tahunan pada 29 Mei 2023 dan RUPS Luar            GMS on May 29, 2023, and the Extraordinary GMS on
Biasa pada tanggal 29 Mei 2023. Pelaksanaan RUPS             May 29, 2023. The implementation of the GMS is carried
dilakukan sesuai Undang-undang No. 40 Tahun 2007             out in accordance with Law No. 40 of 2007 concerning
tentang Perseroan Terbatas dan Peraturan Otoritas Jasa       Limited Liability Companies and Financial Services
Keuangan Nomor 15/POJK.04/2020 tentang Rencana               Authority Regulation No. 15/POJK.04/2020 concerning
dan Penyelenggaraan Rapat Umum Pemegang Saham                the Planning and Implementation of General Meetings
Perusahaan Terbuka.                                          of Shareholders of Public Companies

RUPS Tahunan                                                 Annual GMS

1.   Waktu dan Tempat :                                      1.   Time and Place:
     •    Hari/tanggal: 29 Mei 2023                               •     Day/Date: May 29, 2023
     •    Tempat: Bali Room, Hotel Indonesia Kempinski            •     Place: Bali Room, Hotel Indonesia Kempinski
2.   Kuorum: RUPS Tahunan dihadiri oleh pemegang             2.   Quorum: The Annual GMS was attended by
     saham dan/atau kuasanya yang hadir dan/atau diwakili         shareholders and/or their proxies who were present
     melalui eASY.KSEI maupun hadir secara fisik dalam            and/or represented through eASY.KSEI or physically
     rapat sebanyak 3.392.879.376 (tiga miliar tiga ratus         present at the meeting totaling 3,392,879,376 (three
     sembilan puluh dua juta delapan ratus tujuh puluh            billion three hundred ninety-two million eight hundred
     sembilan ribu tiga ratus tujuh puluh enam) saham             seventy-nine thousand three hundred seventy-six)
     yang merupakan 80,265% (delapan puluh koma                   shares, which was 80.265% (eighty point two six
     dua enam lima persen) dari 4.227.082.500 (empat              five percent) of 4,227,082,500 (four billion two
     miliar dua ratus dua puluh tujuh juta delapan puluh          hundred twenty-seven million eighty-two thousand
     dua ribu lima ratus) saham yang merupakan seluruh            five hundred) shares, which was all the shares issued
     saham yang telah dikeluarkan atau ditempatkan oleh           or paid up by the Company until the meeting date,
     Perseroan sampai dengan tanggal Rapat, karenanya             hence the quorum provisions of the meeting as
     ketentuan mengenai kuorum Rapat sebagaimana                  regulated in Article 23 paragraph I letter (a) of the
     diatur dalam pasal 23 ayat I huruf (a) Anggaran Dasar        Company’s Articles of Association and Article 41
     Perseroan dan Pasal 41 ayat I huruf (a) Peraturan            paragraph I letter (a) of Financial Services Authority
     Otoritas Jasa Keuangan Nomor 15/POJK.04/2020                 Regulation No. 15/POJK.04/2020 concerning the
     tentang Rencana dan Penyelenggaraan Rapat Umum               Planning and Implementation of General Meetings
     Pemegang Saham Perusahaan Terbuka (“POJK No.                 of Shareholders of Public Companies (“POJK No.
     15/2020”), telah terpenuhi.                                  15/2020”), have been fulfilled.
3.   Kehadiran Dewan Komisaris:                              3.   Attendance of the Board of Commissioners:
     •    Bapak Rudiantara: Komisaris Utama                       •     Mr. Rudiantara: President Commissioner
     •    Bapak Mohammad Arsjad Rasjid P. Mangkuningrat:          •     Mr. Mohammad Arsjad Rasjid P. Mangkuningrat:
          Komisaris                                                     Commissioner
     •    Bapak Rachmat Gobel: Komisaris Independen               •     Mr. Rachmat Gobel: Independent Commissioner




PT Rukun Raharja Tbk                                                      Annual Report 2023                       164
Page 165
                                                              TATA KELOLA PERUSAHAAN
                                                              CORPORATE GOVERNANCE




4.    Kehadiran Direksi:                                                       4.    Attendance of the Board of Directors:
      •   Bapak Djauhar Maulidi: Direktur Utama                                      •    Mr. Djauhar Maulidi: President Director
      •   Bapak M. Oka Lesmana Firdauzi: Direktur                                    •    Mr. M. Oka Lesmana Firdauzi: Director
      •   Bapak Sumantri: Direktur                                                   •    Mr. Sumantri: Director
5.    Kehadiran Lembaga dan Profesi Penunjang Pasar                            5.    Attendance of Capital Market Supporting Institutions
      Modal dalam melakukan proses penghitungan suara                                and Professions in the process of vote counting and/
      dan/atau melakukan validasi yaitu:                                             or validation, namely:
      a. BAE: PT Ficomindo Buana Registrar                                     a.    Securities Administration Bureau (BAE): PT Ficomindo
      b. Notaris: Rini Yulianti, S.H                                                 Buana Registrar
                                                                               b.    Notary: Rini Yulianti, S.H.



Rapat Umum Pemegang Saham Tahunan 2023
Annual General Meeting of Shareholders 2023

          Agenda                                                           Keputusan                                                   Realisasi
          Agenda                                                           Resolution                                                 Realization
 Persetujuan atas Laporan          1.   Menerima dan menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan           Telah
 Tahunan Direksi, Laporan               Dewan Komisaris Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2022        direalisasikan
 tugas pengawasan Dewan                 serta rencana kerja dan pengembangan Perseroan.                                               Have been
 Komisaris dan pengesahan          2.   Mengesahkan Laporan Keuangan Konsolidasian 31 Desember 2022 dan untuk tahun yang              realized
 Neraca serta Laporan Laba              berakhir pada tanggal tersebut disertai Laporan Auditor Independen yang telah diaudit
 Rugi Perseroan untuk tahun             oleh Kantor Akuntan Publik Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Rekan
 buku yang berakhir pada                sebagaimana ternyata dari laporannya nomor 00511/2.1133/AU.1/02/0754-2/1/III.2023 tetanggal
 tanggal 31 Desember 2022.              29 Maret 2023 dengan pendapat wajar tanpa pengecualian, serta memberikan pembebasan
 Approval of the Board of               dan pelunasan sepenuhnya (acquit et de charge) kepada pengurusan dan pengawasan yang
 Directors’ Annual Report, the          telah dilakukan selama tahun buku yang berakhir pada 31 Desember 2022, sepanjang tin-
 Supervisory Duties Report of           dakan-tindakan mereka tersebut tercemin dalam Laporan Tahunan dan Laporan Keuangan
 the Board of Commissioners,            Konsolidasian 31 Desember 2022 serta untuk tahun yang berakhir pada tanggal tersebut
 and the Ratification of the            disertai Laporan Auditor Independen.
 Company’s Balance Sheet           1.   Accepted and approved the Company’s Annual Report, including the Supervisory Duties
 and Statement of Profit or             Report of the Company’s Board of Commissioners for the fiscal year ending December 31,
 Loss for the fiscal year ending        2022, and the Company’s work and development plans.
 December 31, 2022.                2.   Ratified the Consolidated Financial Statements as of December 31, 2022, and for the year
                                        ended on that date, accompanied by the Independent Auditor’s Report audited by the Public
                                        Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Partners as evidenced
                                        by their report number 00511/2.1133/AU.1/02/0754-2/1/III.2023 dated March 29, 2023, with
                                        an unqualified opinion, and granting full release and discharge of responsibilities (acquit
                                        et de charge) to the management and supervision conducted during the fiscal year ending
                                        December 31, 2022, as long as their actions were reflected in the Annual Report and the
                                        Consolidated Financial Statements as of December 31, 2022, and for the year ended on that
                                        date, accompanied by the Independent Auditor’s Report.




165                            Laporan Tahunan 2023                                                                   PT Rukun Raharja Tbk
Page 166
         Agenda                                                            Keputusan                                                      Realisasi
         Agenda                                                            Resolution                                                    Realization
Persetujuan penetapan            Menyetujui penggunaan (i) Laba yang dapat Diatribusikan kepada Pemilik Entitas Induk sejumlah           Telah
penggunaan laba Perseroan        USD 8.821.573 (delapan juta depalan ratus dua puluh satu ribu lima ratus tujuh puluh tiga Dollar        direalisasikan
untuk tahun buku yang            Amerika Serikat); dan (ii) Laba Ditahan Perseroan sesuai Laporan Keuangan per tanggal 31 Desember       Have been
berakhir pada tanggal 31         2022 sebesar USD 68.920.333 (enam puluh delapan juta sembilan ratus dua puluh ribu tiga ratus           realized
Desember 2022.                   tiga puluh tiga Dollar Amerika Serikat), sebagai berikut:
Approval of the determination    1.    Menetapkan penyisihan untuk dana cadangan Perseroan sesuai dengan Pasal 70 ayat (1)
of the Company’s profit                Undang-Undang Perseroan Terbatas sebesar Rp100.000.000 (seratus juta Rupiah).
allocation for the fiscal year   2.    Menetapkan pembagian dividen sebesar USD 4.500.000 (empat juta lima ratus ribu Dollar
ending December 31, 2022               Amerika Serikat) atau ekuivalen Rp67.083.799.275 (enam puluh tujuh miliar delapan puluh
                                       tiga juta tujuh ratus sembilan puluh sembilan ribu dua ratus tujuh puluh lima Rupiah) sesuai
                                       dengan kurs tengah Bank Indonesia Rp14.905 (empat belas ribu Sembilan ratus lima Rupiah)
                                       per tanggal 25 Mei 2023. Dividen tersebut akan dibagikan secara tunai kepada para pemegang
                                       saham sebesar ekuivalen Rp15,87 (lima belas koma delapan puluh tujuh Rupiah) per saham,
                                       yang namanya tercatat pada Daftar Pemegang Saham Perseroan pada tanggal 12 Juni 2023
                                       pada pukul 16.00 Waktu Indonesia Barat (“Recording Date”) dengan memperhatikan peraturan
                                       PT Bursa Efek Indonesia untuk perdagangan saham di Bursa Efek Indonesia, dengan catatan
                                       bahwa untuk saham Perseroan yang berada di dalam penitipan koletif, berlaku ketentuan
                                       sebagai berikut:
                                 •     Cum Dividen di Pasar Regular dan Negoisasi pada tanggal 8 Juni 2023
                                 •     Ex Dividen di Pasar Regular dan Negoisasi pada tanggal 9 Juni 2023
                                 •     Cum Dividen di Pasar Tunai pada tanggal 12 Juni 2023
                                 •     Ex Dividen di Pasar Tunai pada tanggal 13 Juni 2023
                                 Pembayaran dividen tunai kepada para pemegang saham yang berhak akan dilaksanakan selam-
                                 batnya pada tanggal 28 Juni 2023.
                                 1.    Menetapkan sisa laba bersih tahun berjalan untuk tahun buku yang berakhir pada tanggal
                                       31 Desember 2022 dicatat sebagai laba yang ditahan oleh Perseroan atau retained earnings.
                                 2.    Memberikan kuasa kepada Direksi Perseroan untuk melaksanakan segala sesuatunya
                                       sehubungan dengan pembagian dividen tersebut di atas sesuai dengan peraturan perun-
                                       dang-undangan yang berlaku.
                                 Approved the use of (i) Income for the year attributable to Owners of the parent entity in the amount
                                 of USD8,821,573 (eight million eight hundred twenty-one thousand five hundred seventy-three
                                 United States Dollars); and (ii) the Company’s Retained Earnings as per the Financial Statements
                                 as of December 31, 2022, amounting to USD68,920,333 (sixty-eight million nine hundred twenty
                                 thousand three hundred thirty-three United States Dollars), as follows:
                                 1.    Determined the allocation for the Company’s reserve funds in accordance with Article 70
                                       paragraph (1) of the Limited Liability Companies Law amounting to Rp100,000,000 (one
                                       hundred million Rupiah).
                                 2.    Determined the dividends distribution of USD4,500,000 (four million five hundred thousand
                                       United States Dollars) or equivalent to Rp67,083,799,275 (sixty-seven billion eighty-three
                                       million seven hundred ninety-nine thousand two hundred seventy-five Rupiah) at the Bank
                                       Indonesia middle rate of Rp14,905 (fourteen thousand nine hundred and five Rupiah) as of
                                       May 25, 2023. The dividends will be distributed in cash to shareholders at the equivalent of
                                       Rp15.87 (fifteen point eighty-seven Rupiah) per share whose names were recorded on the
                                       Company’s Shareholder List on June 12, 2023, at 16:00 Western Indonesian Time (“Recording
                                       Date”), subject to the regulations of the Indonesia Stock Exchange for stock trading on the
                                       Indonesia Stock Exchange, with the provision that for Company shares held in collective
                                       custody, the following provisions applied:
                                       •     Cum Dividend on the Regular and Negotiation Markets on June 8, 2023
                                       •     Ex-Dividend on the Regular and Negotiation Markets on June 9, 2023
                                       •     Cum Dividend on the Cash Market on June 12, 2023
                                       •     Ex-Dividend on the Cash Market on June 13, 2023
                                 Cash dividend payments to eligible shareholders will be made no later than June 28, 2023.
                                 1.    Determined the remaining net income for the year for the fiscal year ending December 31,
                                       2022, to be recorded as retained earnings by the Company.
                                 2.    Authorized the Company’s Board of Directors to carry out all matters related to the above
                                       dividend distribution in accordance with applicable laws and regulations.




PT Rukun Raharja Tbk                                                                             Annual Report 2023                                  166
Page 167
                                                              TATA KELOLA PERUSAHAAN
                                                              CORPORATE GOVERNANCE




          Agenda                                                            Keputusan                                                    Realisasi
          Agenda                                                            Resolution                                                  Realization
Persetujuan atas penetapan         1.   Menyetujui pelimpahan wewenang kepada Dewan Komisaris Perseroan dalam menentukan                Telah
remunerasi anggota Direksi              gaji dan tunjangan lainnya serta tantiem untuk anggota Direksi Perseroan.                       direalisasikan
dan Honorarium anggota             2.   Menyetujui penetapan gaji atau honorarium dan tunjangan untuk tahun 2023 dengan jumlah          Have been
Dewan Komisaris Perseroan.              sebesar Rp6.158.250.000,-(enam miliar seratus lima puluh delapan juta dua ratus lima puluh      realized
Approval of the determination           ribu Rupiah) serta tantiem Dewan Komisaris untuk tahun 2022 dengan jumlah sebesar
of remuneration for members             Rp2.330.779.400,- (dua miliar tiga ratus puluh tiga juta tujuh ratus tujuh puluh sembilan
of the Board of Directors and           ribu empat ratus Rupiah) dengan rekomendasi dari Komite Remunerasi untuk selanjutnya
Honorarium for members of               ditetapkan oleh Dewan Komisaris, dengan tetap mempertimbangkan benchmark industri dan
the Board of Commissioners              kemampuan Perseroan. Angka sebagaimana dimaksud di atas telah mempertimbangkan
of the Company.                         penambahan anggota Dewan Komisaris yang diangkat pada Rapat Umum Pemegang Saham
                                        Luar Biasa yang akan dilaksanakan setelah Rapat Umum Pemegang Saham Tahunan ini.
                                   1.   Approved the delegation of authority to the Company’s Board of Commissioners to determine
                                        the salaries, other allowances, and bonuses for members of the Company’s Board of Directors.
                                   2.   Approved the determination of salaries or honorariums and allowances for 2023 in the amount
                                        of Rp6,158,250,000 (six billion one hundred fifty-eight million two hundred fifty thousand
                                        Rupiah), as well as the 2022 Board of Commissioners’ bonuses in the amount of Rp2,330,779,400
                                        (two billion three hundred thirty million seven hundred seventy-nine thousand four hundred
                                        Rupiah), with recommendations from the Remuneration Committee to be further determined by
                                        the Board of Commissioners, while still considering industry benchmarks and the Company’s
                                        capabilities. The figures mentioned above have taken into account the addition of Board of
                                        Commissioners members appointed at the Extraordinary General Meeting of Shareholders
                                        to be held after this Annual General Meeting of Shareholders.




Persetujuan atas Penunjukan        1.   Menunjuk Kantor Akuntan Publik Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan & Rekan      Telah
Ka nto r A ku nt a n P u b l i k        untuk mengaudit buku Perseroan untuk menetapkan honorarium dan persyaratan lainnya              direalisasikan
Independen untuk mengaudit              bagi Kantor Akuntan Publik tersebut.                                                            Have been
pembukuan Perseroan untuk          2.   Menyetujui pendelegasian kewenangan kepada Dewan Komisaris Perseroan untuk menunjuk             realized
tahun buku yang berakhir                Kantor Akuntan Publik lain yang akan mengaudit Laporan Keuangan Perseroan untuk tahun
pada tanggal 31 Desember                buku 2023, dalam hal Kantor Akutan Publik Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan
2023, serta memberikan                  & Rekan tidak dapat melaksanakan tugasnya karena sebab apapun. Komite audit berwenang
wewenang kepada Direksi                 untuk memberikan penilaian atas kinerja Kantor Akuntan Publik yang penilainnya menjadi
Perseroan untuk menetapkan              dasar penunjukan Kantor Akuntan Publik untuk tahun berjalan. Penunjukan Kantor Akuntan
honorarium Akuntan Publik               Publik lain tersebut wajib memenuhi ketentuan dan syarat berdasarkan peraturan yang berlaku.
beserta persyaratan lain           1.   Appointed the Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan &
penunjukannya.                          Partners to audit the Company’s books to determine the fees and other requirements for the
Approval of the Appointment             said Public Accounting Firm.
of an Independent Public           2.   Approved the delegation of authority to the Company’s Board of Commissioners to appoint
Accounting Firm to audit                another Public Accounting Firm to audit the Company’s Financial Statements for the fiscal
the Company’s books for the             year 2023, in case the Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno,
fiscal year ending December             Palilingan & Partners could not perform its duties for any reason. The audit committee was
31, 2023, and authorizing the           authorized to assess the performance of the Public Accounting Firm, the assessment of which
Company’s Board of Directors            served as the basis for the appointment of the Public Accounting Firm for the current year.
to determine the Public                 The appointment of another Public Accounting Firm must comply with the provisions and
Accounting Firm’s fees and              requirements based on applicable regulations.
other requirements for its
appointment.




167                            Laporan Tahunan 2023                                                                     PT Rukun Raharja Tbk
Page 168
RUPS Luar Biasa                                              Extraordinary GMS (EGM)

1.   Waktu dan Tempat :                                      1.   Time and Place:
     •   Hari/tanggal: 29 Mei 2023                                •     Day/Date: May 29, 2023
     •   Tempat: Bali Room, Hotel Indonesia Kempinski             •     Place: Bali Room, Hotel Indonesia Kempinski
2.   Kuorum: RUPS Luar Biasa dihadiri oleh pemegang          2.   Quorum: The EGM was attended by shareholders and/
     saham dan/atau kuasanya yang hadir dan/atau diwakili         or their proxies who were present and/or represented
     melalui eASY.KSEI maupun hadir secara fisik dalam            through eASY.KSEI or physically attended the meeting
     rapat sebanyak 3.416.029.556 (tiga miliar empat ratus        totaling 3,416,029,556 (three billion four hundred
     enam belas juta dua puluh sembilan ribu lima ratus           sixteen million twenty-nine thousand five hundred
     lima puluh enam) saham yang merupakan 80,812%                fifty-six) shares, representing 80.812% (eighty point
     (delapan puluh koma delapansatu dua persen) dari             eight one two percent) of the total 4,227,082,500 (four
     4.227.082.500 (empat miliar dua ratus dua puluh              billion two hundred twenty-seven million eighty-two
     tujuh juta delapan puluh dua ribu lima ratus)                thousand five hundred)
3.   Kehadiran Dewan Komisaris:                              3.   Attendance of the Board of Commissioners:
     •   Bapak Rudiantara: Komisaris Utama                        •     Mr. Rudiantara: President Commissioner
     •   Bapak Mohammad Arsjad Rasjid P. Mangkuningrat:           •     Mr. Mohammad Arsjad Rasjid P. Mangkuningrat:
         Komisaris                                                      Commissioner
     •   Bapak Rachmat Gobel: Komisaris Independen                •     Mr. Rachmat Gobel: Independent Commissioner
4.   Kehadiran Direksi:                                      4.   Attendance of the Board of Directors:
     •   Bapak Djauhar Maulidi: Direktur Utama                    •     Mr. Djauhar Maulidi: President Director
     •   Bapak M. Oka Lesmana Firdauzi: Direktur                  •     Mr. M. Oka Lesmana Firdauzi: Director
     •   Bapak Sumantri: Direktur                                 •     Mr. Sumantri: Director
5.   Kehadiran Lembaga dan Profesi Penunjang Pasar           5.   Attendance of the Capital Market Supporting
     Modal dalam melakukan proses penghitungan suara              Institutions and Professions in the vote counting
     dan/atau melakukan validasi yaitu:                           and/or validation process:
     a. BAE: PT Ficomindo Buana Registrar                         •     BAE: PT Ficomindo Buana Registrar
     b. Notaris: Rini Yulianti, S.H                               •     Notary: Rini Yulianti, S.H.




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                                                          TATA KELOLA PERUSAHAAN
                                                          CORPORATE GOVERNANCE




Rapat Umum Pemegang Saham Luar Biasa 2023
Extraordinary General Meeting of Shareholders (EGM) 2023

          Agenda                                                       Keputusan                                                  Realisasi
          Agenda                                                       Resolution                                                Realization
Pengangkatan anggota Direksi       1.   Mengangkat anggota Dewan Komisaris dan Direksi Perseroan terhitung sejak tang-         Telah direalisasikan
dan Dewan Komisaris Perseroan           gal ditutupnya Rapat ini sampai dengan penutupan Rapat Umum Pemegang Saham             Have been realized
Appointment of members of the           Tahunan Perseroan untuk tahun buku 2025 yang akan diselenggarakan pada tahun
Board of Directors and the Board        2026, dengan susunan sebagai berikut:
of Commissioners of the Company    1.   Appointed members of the Board of Commissioners and the Board of Directors of
                                        the Company effective from the closing date of this meeting until the closing of the
                                        Company’s Annual General Meeting of Shareholders for the 2025 fiscal year to be
                                        held in 2026, with the following composition:
                                        Dewan Komisaris
                                        •     Komisaris Utama : Bapak Rudiantara
                                        •     Komisaris : Bapak Mohammad Arsjad Rasjid P. Mangkuningrat
                                        •     Komisaris Independen : Bapak Rachmat Gobel
                                        •     Komisaris Independen : Bapak D.Andhi Nirwanto
                                        •     Komisaris Independen : Bapak Orias Petrus Moedak
                                        Board of Commissioners
                                        •     President Commissioner: Mr. Rudiantara
                                        •     Commissioner: Mr. Mohammad Arsjad Rasjid P. Mangkuningrat
                                        •     Independent Commissioner: Mr. Rachmat Gobel
                                        •     Independent Commissioner: Mr. D. Andhi Nirwanto
                                        •     Independent Commissioner: Mr. Orias Petrus Moedak
                                        Direksi
                                        •     Direktur Utama : Bapak Djauhar Maulidi
                                        •     Direktur : Bapak M. Oka Lesmana Firdauzi
                                        •     Direktur : Bapak Sumantri
                                        •     Direktur : Bapak Ogi Rulino
                                        Board of Directors
                                        •     President Director: Mr. Djauhar Maulidi
                                        •     Director: Mr. M. Oka Lesmana Firdauzi
                                        •     Director: Mr. Sumantri
                                        •     Director: Mr. Ogi Rulino
                                   2.   Memberikan kuasa dan wewenang dengan hak subtitusi kepada Direksi Perseroan
                                        untuk melakukan segala tindakan yang diperlukan sehubungan dengan pengangkatan
                                        anggota Direksi dan Dewan Komisaris Perseroan tersebut tanpa ada yang dikecualikan
                                        sesuai dengan peraturan dan perundang-undangan yang berlaku.
                                   2.   Granted power and authority with substitution rights to the Company’s Board of
                                        Directors to take all necessary actions related to the appointment of members of the
                                        Board of Directors and the Board of Commissioners of the Company without exception,
                                        in accordance with applicable laws and regulations.




169                        Laporan Tahunan 2023                                                                    PT Rukun Raharja Tbk
Page 170
              Agenda                                                               Keputusan                                                    Realisasi
              Agenda                                                               Resolution                                                  Realization
Persetujuan untuk pemberian                  1.   Menyetujui pemberian jaminan atas seluruh atau sebagian besar kekayaan bersih              Telah direalisasikan
jaminan atas seluruh atau seba-                   Perseroan baik berupa jaminan yang diberikan oleh Perseroan dan atau entitas anak          Have been realized
gian besar kekayaan bersih                        Perseroan maupun jaminan dalam bentuk asset dari Perseroan atau entitas anak
Perseroan baik berupa jaminan                     Perseroan dalam rangka penerimaan pinjaman dari PT Bank Mandiri (Persero) Tbk
yang diberikan oleh Perseroan                     dengan memperhatikan ketentuan peraturan perundang-undangan yang berlaku di
dan atau entitas anak Perseroan                   bidang pasar modal.
maupun jaminan dalam bentuk                  2.   Memberikan wewenang dan kuasa kepada Direksi dengan hak substitusi untuk
asset dari Perseroan atau entitas                 melakukan segala tindakan yang diperlukan dan atau disyaratkan sehubungan
anak Perseroan dalam rangka                       dengan keputusan tersebut tanpa ada yang dikecualikan sesuai dengan peraturan
penerimaan pinjaman dari Pihak                    dan perundang-undangan yang berlaku.
Ketiga dengan memperhatikan                  1.   Approved the provision of guarantees over the entire or substantial portion of the
ketentuan peraturan perun-                        Company’s net assets, either in the form of guarantees provided by the Company
dang-undangan yang berlaku di                     and/or its subsidiaries or guarantees in the form of assets from the Company or its
bidang pasar modal.                               subsidiaries to obtain loans from PT Bank Mandiri (Persero) Tbk, in accordance with
Approval for providing guarantees                 the provisions of the prevailing laws and regulations in the capital market field.
over the entire or substantial por-          2.   Granted power and authority with substitution rights to the Board of Directors to take
tion of the Company’s net assets,                 all necessary and/or required actions related to the decision, without exception, in
either in the form of guarantees                  accordance with applicable laws and regulations.
provided by the Company and/
or its subsidiaries or guarantees
in the form of assets from the
Company or its subsidiaries to
obtain loans from Third Parties,
take into account the provisions
of the prevailing laws and regu-
lations in the capital market field.

Persertujuan Perubahaan                      1.   Menyetujui perubahan Pasal 17 Anggaran Dasar Perseroan untuk disesuaikan dengan            Telah direalisasikan
Anggaran Dasar Perseroan                          Peraturan OJK Nomor 14/POJK.04/2022 tentang Penyampaian Laporan Keuangan                   Have been realized
u ntu k d isesuai kan dengan                      berkala Emiten atau Perusahaan Publik;dan
Peraturan OJK (POJK) Nomor                   2.   Memberikan kuasa dan wewenang dengan hak substitusi kepada Direksi Perseroan
1 4 / P O J K . 0 4 / 2 0 2 2 t e nt a n g        untuk melakukan segala tindakan yang diperlukan sehubungan dengan Perubahan
Penyampaian Laporan Keuangan                      Anggaran Dasar Perseroan tersebut, tanpa ada yang dikecualikan sesuai dengan
Berkala Emiten atau Perusahaan                    peraturan dan perundang-undangan yang berlaku.
Publik.                                      1.   Approved the amendment of Article 17 of the Company’s Articles of Association to be
Approval of Amendments to the                     adjusted with OJK Regulation Number 14/POJK.04/2022 regarding the Submission of
Company’s Articles of Association                 Periodic Financial Statements of Issuers or Public Companies; and
to be adjusted with OJK Regulation           2.   Granted power and authority with substitution rights to the Company’s Board of Directors
(POJK) Number 14/POJK.04/2022                     to take all necessary actions related to the Amendment of the Company’s Articles of
regarding the Submission of                       Association, without exception, in accordance with applicable laws and regulations.
Periodic Financial Statements
of Issuers or Public Companies.




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Page 171
                                                              TATA KELOLA PERUSAHAAN
                                                              CORPORATE GOVERNANCE




PELAKSANAAN RUPS TAHUN 2022                                                    IMPLEMENTATION OF THE 2022 GMS

RUPS Tahunan                                                                   Annual GMS (AGM)

1.    Waktu dan Tempat :                                                       1.    Time and Place:
      •   Hari/tanggal: Selasa, 22 Juni 2022                                         •    Day/Date: Tuesday, June 22, 2022
      •   Tempat: Plataran Ramayana Hotel Indonesia                                  •    Place: The Courtyard of Ramayana Hotel Indonesia
          Kempinski                                                                       Kempinski
2.    Kuorum: RUPS Tahunan dihadiri oleh pemegang                              2.    Quorum: The AGM was attended by shareholders
      saham serta perwakilan/kuasa dari pemegang saham                               and representatives/proxies of shareholders totaling
      sebanyak 2.747.061.224. Dengan demikian, kuorum                                2,747,061,224. Thus, the quorum required by the
      yang disyaratkan dalam Anggaran Dasar Perusahaan                               Company’s Articles of Association has been fulfilled,
      telah dipenuhi dan karenanya RUPS Tahunan adalah                               and therefore, the AGM was valid and entitled to make
      sah dan berhak untuk mengambil keputusan yang                                  valid and binding decisions on matters discussed in
      sah dan mengikat mengenai hal-hal yang dibicarakan                             accordance with the AGM agendas.
      sesuai dengan agenda RUPS Tahunan.
3.    Kehadiran Dewan Komisaris dan Komite-Komite:                             3.    Attendance of the Board of Commissioners and
      Bapak Rudiantara selaku Komisaris Perseroan.                                   Committees: Mr. Rudiantara as the Commissioner
4.    Kehadiran Direksi: Seluruh Direksi.                                            of the Company.
5.    Kehadiran Lembaga dan Profesi Penunjang Pasar                            4.    Attendance of the Board of Directors: All Board of
      Modal dalam melakukan proses penghitungan suara                                Directors.
      dan/atau melakukan validasi yaitu:                                       5.    Attendance of the Capital Market Supporting
      •   BAE: PT Ficomindo Buana Registrar                                          Institutions and Professions in the vote counting
      •   Notaris: Rini Yulianti, S.H                                                and/or validation process:
                                                                                     •    BAE: PT Ficomindo Buana Registrar
                                                                                     •    Notary: Rini Yulianti, S.H.

Rapat Umum Pemegang Saham 2022
General Meeting of Shareholders 2022

           Agenda                                                         Keputusan                                                   Realisasi
           Agenda                                                         Resolution                                                 Realization
 Persetujuan atas Laporan           Menerima dan menyetujui Laporan Tahunan Perseroan termasuk Laporan Tugas Pengawasan            Telah direalisasikan
 Tahunan Direksi, Laporan tugas     Dewan Komisaris Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2021         Have been realized
 pengawasan Dewan Komisaris         serta rencana kerja dan pengembangan Perseroan.
 dan pengesahan Neraca serta        Accepted and Approved the Company’s Annual Report, including the Board of Commissioners’
 Laporan Laba Rugi Perseroan        Supervisory Duties Report for the fiscal year ending December 31, 2021, along with the
 untuk tahun buku yang berakhir     Company’s work plan and development.
 pada tanggal 31 Desember 2021
 Approval of the Board of           Mengesahkan Laporan Keuangan Konsolidasian 31 Desember 2021 dan perbandingannya
 Directors’ Annual Report, the      tahun 2020 dan untuk tahun-tahun yang berakhir pada tanggal tersebut disertai Laporan
 Supervisory Duties Report of       Auditor Independen yang telah diaudit oleh Kantor Akuntan Publik Paul Hadiwinata,
 the Board of Commissioners,        Hidajat, Arsono, Retno, Palilingan & Rekan sebagaimana ternyata dari laporannya Nomor
 and the Ratification of the        00748/2.1133/AU.1/02/0754-1/1/III/2022 tertanggal 28 Maret 2022 dengan pendapat wajar
 Balance Sheet and Statement        tanpa pengecualian, serta memberikan pembebasan dan pelunasan sepenuhnya (acquit et
 of Profit or Loss of the Company   de charge) kepada seluruh anggota Direksi dan Dewan Komisaris Perseroan atas tindakan
 for the fiscal year ending         pengurusan dan pengawasan yang telah dilakukan selama tahun buku yang berakhir pada
 December 31, 2021                  tanggal 31 Desember 2021, sepanjang tindakan-tindakan mereka tersebut tercermin dalam
                                    Laporan Tahunan dan Laporan Keuangan Konsolidasian 31 Desember 2021 dan 2020 serta
                                    untuk tahun-tahun yang berakhir pada tanggal tersebut disertai Laporan Auditor Independen.
                                    Ratified the Consolidated Financial Statements as of December 31, 2021, and their comparison
                                    with 2020, as well as for the years ending on that date, accompanied by the Independent
                                    Auditor’s Report audited by the Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono,
                                    Retno, Palilingan & Partners as evidenced by their report Number 00748/2.1133/AU.1/02/0754-
                                    1/1/III/2022 dated March 28, 2022, with an unqualified opinion, and granted full release and
                                    discharge of responsibilities (acquit et de charge) to all members of the Board of Directors
                                    and Board of Commissioners of the Company for their management and supervisory actions
                                    undertaken during the fiscal year ended December 31, 2021, as long as their actions were
                                    reflected in the Annual Report and Consolidated Financial Statements as of December 31,
                                    2021, and 2020, as well as for the years ending on that date, accompanied by the Independent
                                    Auditor’s Report.




171                           Laporan Tahunan 2023                                                                     PT Rukun Raharja Tbk
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          Agenda                                                          Keputusan                                                      Realisasi
          Agenda                                                          Resolution                                                    Realization
Persetujuan penetapan peng-       Menyetujui Laba Bersih tahun berjalan Perseroan untuk tahun buku yang berakhir pada tang-           Telah direalisasikan
gunaan laba Perseroan untuk       gal 31 Desember 2021 sebesar USD2.252.268 dan Laba Ditahan Perseroan sesuai Laporan                 Have been realized
tahun buku yang berakhir 31       Keuangan per tanggal 31 Desember 2021 sebesar USD62.052.456 digunakan sebagai berikut:
Desember 2021
Approval of the determination     1.    Penyisihan untuk dana cadangan Perseroan sesuai dengan Pasal 70 ayat (1) Undang-
of the Company’s profit alloca-         Undang Perseroan Terbatas sebesar Rp100.000.000
tion for the fiscal year ended    2.    M3. Pembagian dividen sebesar Rp29.505.035.850,-(dua puluh sembilan miliar lima
December 31, 2021                       ratus lima juta tiga puluh lima ribu delapan ratus lima puluh Rupiah) yang akan dibagikan
                                        kepada para pemegang saham dalam bentuk dividen tunai sebesar Rp6,98,-(enam koma
                                        sembilan delapan Rupiah) per saham, yang namanya tercatat dalam Daftar Pemegang
                                        Saham Perseroan pada tanggal 04 Juli 2022 pada pukul 16.00 (enam belas) Waktu
                                        Indonesia Barat (“Recording Date”), dengan memperhatikan peraturan PT Bursa Efek
                                        Indonesia untuk perdagangan saham di Bursa Efek Indonesia, dengan catatan bahwa
                                        untuk saham Perseroan yang berada dalam penitipan kolektif, berlaku ketentuan
                                        sebagai berikut:
                                        •     Cum Dividen di Pasar Reguler dan Negosiasi pada tanggal 30 Juni 2022
                                        •     Ex Dividen di Pasar Reguler dan Negosiasi pada tanggal 1 Juli 2022
                                        •     Cum Dividen di Pasar Tunai pada tanggal 4 Juli 2022
                                        •     Ex Dividen di Pasar Tunai pada tanggal 05 Juli 2022
                                  Pembayaran dividen tunai kepada para pemegang saham yang berhak akan dilaksanakan
                                  selambatnya pada tanggal 22 Juli 2022
                                  1.    Sisanya dicatat sebagai laba yang ditahan oleh Perseroan atau retained earnings.
                                  2.    Memberikan kuasa kepada Direksi Perseroan untuk melaksanakan segala sesuatunya
                                        sehubungan dengan pembagian dividen tersebut di atas sesuai dengan peraturan
                                        perundang-undangan yang berlaku.
                                  Approved the Company’s net profit for the year for the fiscal year ending December 31,
                                  2021, amounting to USD2,252,268, and the Company’s retained earnings as per the Financial
                                  Statements as of December 31, 2021, amounting to USD62,052,456 to be used as follows:
                                  1.    Allocation for the Company’s reserve funds in accordance with Article 70 paragraph (1)
                                        of the Limited Liability Company Law amounting to Rp100,000,000.
                                  2.    Dividends distribution amounting to Rp29,505,035,850 (twenty-nine billion five hundred
                                        five million thirty-five thousand eight hundred fifty Rupiah), which will be distributed to
                                        shareholders in the form of cash dividends of Rp6.98 (six point nine eight Rupiah) per
                                        share, whose names were listed in the Company’s Shareholders Register on July 4, 2022,
                                        at 16:00 (sixteen) Western Indonesian Time (“Recording Date”), taking into account the
                                        regulations of the Indonesia Stock Exchange for stock trading on the Indonesia Stock
                                        Exchange, with the note that for shares of the Company held in collective custody, the
                                        following provisions applied:
                                        •     Cum Dividend in Regular and Negotiated Markets on June 30, 2022
                                        •     Ex-Dividend in Regular and Negotiated Markets on July 1, 2022
                                        •     Cum Dividend in Cash Market on July 4, 2022
                                        •     Ex-Dividend in Cash Market on July 05, 2022
                                  Cash dividend payments to eligible shareholders will be executed no later than July 22, 2022.
                                  1.    The remaining shares were recorded as retained earnings by the Company.
                                  2.    Authorized the Board of Directors of the Company to carry out all matters related to the
                                        aforementioned dividends distribution in accordance with applicable laws and regulations.

Persetujuan atas penetapan        Menyetujui pemberian wewenang kepada Dewan Komisaris Perseroan untuk menentukan                     Telah direalisasikan
remunerasi anggota Direksi        gaji, honorarium dan tunjangan lainnya bagi anggota Direksi dan Dewan Komisaris Perseroan,          Have been realized
dan honorarium anggota Dewan      dengan terlebih dahulu mendapatkan rekomendasi dari Komite Nominasi dan Remunerasi
Komisaris Perseroan               untuk selanjutnya ditetapkan oleh Dewan Komisaris.
Approval of the determination     Approved to authorize the Board of Commissioners of the Company to determine the salaries,
of remuneration for members       honorariums, and other allowances for members of the Board of Directors and the Board of
of the Board of Directors and     Commissioners of the Company, subject to prior recommendation from the Nomination and
honorarium for members of         Remuneration Committee for subsequent approval by the Board of Commissioners.
the Board of Commissioners
of the Company




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                                                              TATA KELOLA PERUSAHAAN
                                                              CORPORATE GOVERNANCE




          Agenda                                                           Keputusan                                                      Realisasi
          Agenda                                                           Resolution                                                    Realization
Persetujuan atas Penunjukan       Menyetujui menunjuk Kantor Akuntan Publik Paul Hadiwinata, Hidajat, Arsono, Retno, Palilingan        Telah direalisasikan
Kantor Aku ntan Pu bli k          & Rekan dengan auditor yang sama yaitu Retno Dwi Andani, SE, Ak. CPA, CA. untuk mengaudit            Have been realized
Independen untuk mengaudit        buku Perseroan tahun buku 2022 serta memberikan wewenang kepada Direksi Perseroan
pembukuan Perseroan untuk         untuk menetapkan honorarium dan persyaratan lainnya bagi Kantor Akuntan Publik tersebut,
tahun buku yang berakhir pada     dengan terlebih dahulu mendapatkan rekomendasi dari Komite Audit.
tanggal 31 Desember 2022,         Approved to appoint the Public Accounting Firm Paul Hadiwinata, Hidajat, Arsono, Retno,
serta memberikan wewenang         Palilingan & Partners with the same auditor, Retno Dwi Andani, SE, Ak. CPA, CA., to audit the
kepada Direksi Perseroan          Company’s books for the 2022 fiscal year and authorize the Company’s Board of Directors
untuk menetapkan honorar-         to determine the honorarium (fees) and other requirements for the Public Accounting Firm,
ium Akuntan Publik beserta        subject to prior obtaining recommendations from the Audit Committee.
persyaratan-persyaratan lain
penunjukannya
Approval of the appointment
of an Independent Public
Accounting Firm to audit the
Company’s books for the fiscal
year ending December 31, 2022,
and authorizing the Company’s
Board of Directors to determine
the Public Accounting Firm’s
honorarium (fees) and other
appointment requirements

Persetujuan Perubahan             Menetapkan Bapak Rudiantara yang semula menjabat sebagai Komisaris menjadi Komisaris                 Telah direalisasikan
Susunan Direksi dan/atau          Utama Perseroan, menggantikan posisi Almarhum Bapak Muhamad Senang Sembiring.                        Have been realized
Komisaris                         Determined Mr. Rudiantara, who previously served as a Commissioner, as the President
Approval of Changes to the        Commissioner of the Company, replacing the position of the late Mr. Muhamad Senang Sembiring.
Composition of the Board of
Directors and/or the Board of     Sehubungan dengan keputusan tersebut, maka susunan Direksi dan Dewan Komisaris
Commissioners                     Perseroan terhitung sejak ditutupnya Rapat ini sampai dengan penutupan Rapat Umum
                                  Pemegang Saham Tahunan untuk tahun buku 2022 yang akan diselenggarakan pada tahun
                                  2023, menjadi sebagai berikut:
                                  In connection with this resolution, the composition of the Company’s Board of Directors and
                                  Board of Commissioners, effective from the closing of this meeting until the closing of the
                                  Annual General Meeting of Shareholders for the 2022 fiscal year to be held in 2023, is as follows:

                                        Direksi
                                        •    Direktur Utama: Bapak Djauhar Maulidi
                                        •    Direktur: Bapak M. Oka Lesmana Firdauzi
                                        •    Direktur: Bapak Sumantri

                                        Board of Directors
                                        •    President Director: Mr. Djauhar Maulidi
                                        •    Director: Mr. M. Oka Lesmana Firdauzi
                                        •    Director: Mr. Sumantri
                                        •    Director: Mr. Ogi Rulino

                                        Dewan Komisaris
                                        •   Komisaris Utama: Bapak Rudiantara
                                        •   Komisaris: Bapak Mohammad Arsjad Rasjid P. Mangkuningrat
                                        •   Komisaris: Bapak Rachmat Gobel

                                        Board of Commisioners
                                        •    President Commissioner: Mr. Rudiantara
                                        •    Commissioner: Mr. Mohammad Arsjad Rasjid P. Mangkuningrat
                                        •    Commissioner: Mr. Rachmat Gobel

                                  Memberikan kuasa dan wewenang dengan hak substitusi kepada Direksi Perseroan untuk
                                  melakukan segala tindakan yang diperlukan sehubungan dengan keputusan tersebut.
                                  Granted power and authority with substitution rights to the Company’s Board of Directors to
                                  take all necessary actions related to the resolution.




173                         Laporan Tahunan 2023                                                                          PT Rukun Raharja Tbk
Page 174
DIREKSI
BOARD OF DIRECTORS


Direksi mempunyai tanggung jawab atas pengelolaan             The Board of Directors is responsible for managing the
Perseroan dalam mencapai tujuan Perseroan. Tugas dan          Company to achieving its objectives. The duties and
tanggung jawab dari masing-masing anggota Direksi             responsibilities of each member of the Board of Directors
dibagi sesuai keahlian dan perencanaan tugas yang             are divided according to expertise and predetermined
telah ditetapkan.                                             duties planning.

KOMPOSISI DAN MASA JABATAN                                    COMPOSITION AND TERM OF OFFICE

Informasi terkait komposisi Direksi Perseroan per 31          Information regarding the composition of the Company’s
Desember 2023 dapat dilihat pada bagian Profil Direksi        Board of Directors as of December 31, 2023, can be found
bab Profil Perusahaan dalam Laporan Tahunan ini.              in the Board of Directors Profile section under the Company
                                                              Profile chapter in this Annual Report.

Pada tahun 2023 terdapat perubahan komposisi Direksi          In 2023, there were changes in the composition of the
sebagai berikut:                                              Board of Directors as follows:

Direksi
Board of Directors

            Nama                Jabatan                      Dasar Pengangkatan                     Periode Masa Jabatan
            Name                Position                     Basis of Appointment                       Term of Office

 Djauhar Maulidi           Direktur Utama       •   Akta Berita Acara RUPS Tahunan No. 12               2023-2026
                           President Director       tanggal 17 Mei 2017 (Periode 1)
                                                •   Akta Berita Acara RUPS Tahunan No. 13
                                                    tanggal 8 Juni 2020 (Periode 2)
                                                •   Akta Berita Acara RUPS Luar Biasa No 70
                                                    tanggal 29 Mei 2023 (Periode 3)
                                                •   Deed of Minutes of the Annual GMS (AGM)
                                                    No. 12, dated May 17, 2017 (Period 1)
                                                •   Deed of Minutes of the Annual GMS (AGM)
                                                    No. 13, dated June 8, 2020 (Period 2)
                                                •   Deed of Minutes of the Extraordinary GMS
                                                    (EGM) No. 70, dated May 29, 2023 (Period 3)

 M. Oka Lesmana Firdauzi   Direktur             •   Akta Berita Acara RUPS Tahunan No. 12               2023-2026
                           Director                 tanggal 17 Mei 2017 (Periode 1)
                                                •   Akta Berita Acara RUPS Tahunan No. 13
                                                    tanggal 8 Juni 2020 (Periode 2)
                                                •   Akta Berita Acara RUPS Luar Biasa No 70
                                                    tanggal 29 Mei 2023 (Periode 3)
                                                •   Deed of Minutes of the Annual GMS (AGM)
                                                    No. 12, dated May 17, 2017 (Period 1)
                                                •   Deed of Minutes of the Annual GMS (AGM)
                                                    No. 13, dated June 8, 2020 (Period 2)
                                                •   Deed of Minutes of the Extraordinary GMS
                                                    (EGM) No. 70, dated May 29, 2023 (Period 3)

 Sumantri                  Direktur             •   Akta Berita Acara RUPS Luar Biasa No. 33            2023-2026
                           Director                 tanggal 27 April 2021 (Periode 1)
                                                •   Akta Berita Acara RUPS Luar Biasa No 70
                                                    tanggal 29 Mei 2023 (Periode 2)
                                                •   Deed of Minutes of the Extraordinary GMS
                                                    (EGM) No. 33, dated April 27, 2021 (Period 1)
                                                •   Deed of Minutes of the Extraordinary GMS
                                                    (EGM) No. 70, dated May 29, 2023 (Period 2)

 Ogi Rulino                Direktur             •   Akta Berita Acara RUPS Luar Biasa No 70             2023-2026
                           Director                 tanggal 29 Mei 2023 (Periode 1)
                                                •   Deed of Minutes of the Extraordinary GMS
                                                    (EGM) No. 70, dated May 29, 2023 (Period 1)




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                                                       TATA KELOLA PERUSAHAAN
                                                       CORPORATE GOVERNANCE




TUGAS DAN TANGGUNG JAWAB

Direksi memiliki tugas dan tanggung jawab sebagai berikut:

      Nama dan Jabatan          Tugas dan Tanggung Jawab                              Realisasi Program Kerja 2023
      Name and Position         Duties and Responsibilities                          2023 Work Program Realization

 Djauhar Maulidi                Mewakili Perseroan dalam            •   Memimpin, mengoordinasi, membina, serta mengawasi kinerja
 Direktur Utama                 memimpin, mengawasi, dan                masing-masing unit kerja yang ada di Perseroan;
 President Director             menjamin     penyelenggaraan        •   Melaksanakan pengelolaan Perseroan secara bertanggung jawab
                                usaha    untuk    kepentingan           serta sesuai dengan prinsip-prinsip GCG dan peraturan perundang-
                                Perseroan     sesuai     tujuan         undangan lainya; serta
                                yang telah ditetapkan, serta        •   Pada tahun 2023, Perseroan tidak terlibat dalam suatu
                                bertanggung     jawab      atas         permasalahan hukum, baik perdata maupun pidana, sehingga
                                bidang hukum, dan kepatuhan,            Direksi tidak mewakili Perseroan di dalam atau di luar pengadilan.
                                pengendalian internal, serta            Namun demikian, dengan bantuan Sekretaris Perusahaan, Direksi
                                Sekretaris Perusahaan.                  selalu menjaga hubungan baik dengan pihak manapun, baik
                                Representing the Company                regulator, Pemegang Saham, mitra kerja, atau para pemangku
                                in leading, supervising, and            kepentingan lainnya.
                                ensuring the conduct of             •   Lead, coordinate, foster, and supervise the performance of each
                                business for the Company’s              work unit in the Company;
                                interests according to the          •   Carry out the management of the Company in a responsible
                                established objectives, as well         manner and in accordance with GCG principles and other laws and
                                as being responsible for legal,         regulations;
                                compliance, internal controls,      •   In 2023, the Company did not involved in any legal issues, whether
                                and Corporate Secretary.                civil or criminal, so the Board of Directors will not represent the
                                                                        Company inside or outside the court. However, with the assistance
                                                                        of the Corporate Secretary, the Board of Directors always maintains
                                                                        good relations with any party, be it regulators, shareholders, work
                                                                        partners or other stakeholders.


 M. Oka Lesmana Firdauzi        Menyusun             kebijakan,     •   Memastikan penyampaian Laporan Keuangan Triwulanan dan
 Direktur Keuangan dan          merencanakan,        mengelola,         Tahunan Perseroan telah dilakukan secara tepat waktu dan sesuai
 Business Support               dan             mengendalikan           dengan ketentuan yang berlaku;
 Finance and Business Support   kegiatan             keuangan,      •   Memastikan kesesuaian antara rencana anggaran dan realisasi
 Director                       akuntansi, perpajakan, dan              program kerja;
                                perbendaharaan       Perseroan,     •   ·Mengatur ketentuan terkait SDM Perseroan, termasuk gaji, promosi,
                                serta kegiatan pengadaan,               pelatihan, jaminan kesehatan dan lainnya;
                                administrasi             umum,      •   Menelaah dan memutuskan promosi, mutasi, pemutusan hubungan
                                pengembangan sumber daya                kerja, dan pemberian sanksi pelanggaran lainnya yang diusulkan
                                manusia, teknologi informasi,           oleh Departemen Human Resources & Services; dan
                                kesehatan dan keselamatan           •   Memastikan pendanaan yang diperlukan perusahaan untuk
                                kerja, serta tanggung jawab             pengembangan kegiatan bisnis dapat terpenuhi, termasuk juga
                                sosial perusahaan.                      pemenuhan tugas terkait pengembangan SDM, TI, dan CSR
                                Formulating policies, planning,         Perseroan.
                                managing, and controlling           •   Ensuring that the submission of the Company’s Quarterly and Annual
                                financial, accounting, taxation,        Financial Reports has been carried out in a timely manner and in
                                and treasury activities of              accordance with applicable regulations;
                                the Company, as well as             •   Ensuring conformity between the budget plan and the realization of
                                procurement           activities,       the work program;
                                general administration, human       •   Regulate provisions related to the Company’s HR, including salary,
                                resources         development,          pr omotion, training, health insurance and others;
                                information         technology,     •   Review and decide on promotions, transfers, termination of
                                occupational     health      and        employment, and other sanctions for violations proposed by the
                                safety, and corporate social            Department of Human Resources & Services; and
                                responsibility.                     •   Ensuring that the funding required by the Company for the
                                                                        development of business activities can be fulfilled, including the
                                                                        fulfillment of tasks related to the development of human resources,
                                                                        IT, and the Company’s CSR.




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     Nama dan Jabatan           Tugas dan Tanggung Jawab                        Realisasi Program Kerja 2023
     Name and Position          Duties and Responsibilities                    2023 Work Program Realization

Sumantri                        Menentukan arah               •   Mengembangkan dan merevisi strategi bisnis untuk meningkatkan
Direktur Pengembangan           pengembangan usaha                pangsa pasar dan pertumbuhan pendapatan.
Usaha                           Perseroan.                    •   Menilai dan mengidentifikasi peluang baru untuk ekspansi,
Business Development Director   Determining the direction         termasuk kemitraan, akuisisi, atau peluncuran produk baru.
                                of the Company’s business     •   Membangun dan memelihara hubungan dengan klien utama, mitra,
                                development.                      dan pemangku kepentingan lainnya.
                                                              •   Menegosiasikan dan mengamankan kontrak serta kesepakatan
                                                                  yang menguntungkan.
                                                              •   Mengkoordinasikan dengan tim produk dan teknik untuk
                                                                  mengembangkan atau memperbaiki produk yang sesuai dengan
                                                                  kebutuhan pasar.
                                                              •   Mendorong inovasi dan penelitian untuk tetap kompetitif di pasar.
                                                              •   Bekerjasama dengan tim pemasaran untuk merancang dan
                                                                  melaksanakan kampanye pemasaran yang efektif.
                                                              •   Mengawasi penelitian pasar dan analisis kompetitif untuk memandu
                                                                  keputusan bisnis.
                                                              •   Memimpin dan menginspirasi tim pengembangan bisnis untuk
                                                                  mencapai tujuan yang ditetapkan.
                                                              •   Mengatur pelatihan dan pengembangan profesional untuk anggota
                                                                  tim.
                                                              •   Melakukan analisis reguler terhadap kinerja bisnis dan laporan
                                                                  keuangan.
                                                              •   Mengambil tindakan korektif bila perlu untuk memastikan
                                                                  pencapaian target.
                                                              •   Developing and revising business strategies to increase market
                                                                  share and revenue growth.
                                                              •   Assessing and identifying new opportunities for expansion, including
                                                                  partnerships, acquisitions, or launching of new products.
                                                              •   Building and maintaining relationships with key clients, partners,
                                                                  and other stakeholders.
                                                              •   Negotiating and securing contracts and beneficial agreements.
                                                              •   Coordinating with product and engineering teams to develop or
                                                                  enhance products that meet market needs.
                                                              •   Driving innovation and research to remain competitive in the market.
                                                              •   Collaborating with the marketing team to design and implement
                                                                  effective marketing campaigns.
                                                              •   Overseeing market research and competitive analysis to guide
                                                                  business decisions.
                                                              •   Leading and inspiring the business development team to achieve set
                                                                  goals.
                                                              •   Organizing training and professional development for team
                                                                  members.
                                                              •   Conducting regular analysis of business performance and financial
                                                                  statements.
                                                              •   Taking corrective actions as necessary to ensure target achievement.




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                                                     TATA KELOLA PERUSAHAAN
                                                     CORPORATE GOVERNANCE




      Nama dan Jabatan          Tugas dan Tanggung Jawab                            Realisasi Program Kerja 2023
      Name and Position         Duties and Responsibilities                        2023 Work Program Realization

Ogi Rulino                      •   Mengelola           risiko:   •   Merumuskan strategi risiko dan investasi yang selaras dengan tu-
Direktur Investasi dan              Mengidentifikasi, menilai,        juan dan sasaran perusahaan.
Manajemen Risiko                    dan mengelola risiko in-      •   Mengidentifikasi peluang investasi dan menilai risiko terkait untuk
Investment and Risk                 vestasi untuk melindungi          memastikan portofolio investasi yang sehat dan menguntungkan.
Management Director                 aset dan keuntungan pe-       •   Mengembangkan kebijakan dan prosedur manajemen risiko untuk
                                    rusahaan.                         mengidentifikasi, menganalisis, dan mitigasi risiko.
                                •   Mengembangkan strate-         •   Memantau dan mengevaluasi risiko yang dihadapi perusahaan se-
                                    gi investasi: Merumuskan          cara rutin, termasuk risiko keuangan, operasional, strategis, dan
                                    dan melaksanakan strate-          risiko pasar.
                                    gi investasi yang optimal     •   Mengatur alokasi aset dan diversifikasi portofolio investasi perusa-
                                    untuk mencapai tujuan             haan untuk mengoptimalkan imbal hasil dan meminimalkan risiko.
                                    keuangan perusahaan.          •   Mengawasi dan mengevaluasi kinerja investasi dan melakukan
                                •   Managing risks: Identify-         penyesuaian jika diperlukan berdasarkan kondisi pasar dan kinerja
                                    ing, assessing, and man-          aset.
                                    aging investment risks        •   Memastikan semua kegiatan investasi dan manajemen risiko me-
                                    to protect the Company’s          matuhi regulasi dan standar industri yang relevan.
                                    assets and profits.           •   Berkoordinasi dengan regulator dan pemangku kepentingan lainnya
                                •   Developing     investment         untuk memastikan kepatuhan dan transparansi.
                                    strategies:   Formulating     •   Menyajikan analisis dan laporan risiko serta kinerja investasi kepa-
                                    and implementing optimal          da dewan direksi dan pemangku kepentingan lainnya.
                                    investment strategies to      •   Berkomunikasi dengan tim internal dan investor mengenai strategi,
                                    achieve the Company’s fi-         risiko, dan peluang investasi.
                                    nancial objectives.           •   Formulating risk and investment strategies aligned with the
                                                                      Company’s objectives and goals.
                                                                  •   Identifying investment opportunities and assessing associated risks
                                                                      to ensure a healthy and profitable investment portfolio.
                                                                  •   Developing risk management policies and procedures to identify,
                                                                      analyze, and mitigate risks.
                                                                  •   Monitoring and evaluating the Company’s risks regularly, including
                                                                      financial, operational, strategic, and market risks.
                                                                  •   Managing asset allocation and diversification of the Company’s
                                                                      investment portfolio to optimize returns and minimize risks.
                                                                  •   Supervising and evaluating investment performance and making
                                                                      adjustments as necessary based on market conditions and asset
                                                                      performance.
                                                                  •   Ensuring all investment and risk management activities comply with
                                                                      relevant regulations and industry standards.
                                                                  •   Coordinating with regulators and other stakeholders to ensure
                                                                      compliance and transparency.
                                                                  •   Presenting analysis and investment risks and performance reports
                                                                      to the board of directors and other stakeholders.
                                                                  •   Communicating with internal teams and investors regarding
                                                                      investment strategies, risks, and opportunities.




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PEDOMAN DAN TATA TERTIB                                       GUIDELINES AND RULES OF PROCEDURE

Pedoman dan tata tertib kerja Direksi Perseroan tercan-       The guidelines and rules of procedure for the Company’s
tum dalam Anggaran Dasar. Adapun pedoman dan tata             Board of Directors are stated in the Articles of Association.
tertib disusun berdasarkan Undang-Undang No. 40 Tahun         The guidelines and rules of procedure are prepared
2007 tentang Perseroan Terbatas. Pedoman juga disusun         based on Law No. 40 of 2007 concerning Limited
dengan mengikuti Peraturan Otoritas Jasa Keuangan No.         Liability Companies. Guidelines are also prepared fol-
33/POJK.04/2014 tentang Direksi dan Dewan Komisaris           lowing Financial Services Authority Regulation No. 33/
Emiten atau Perusahaan Publik.                                POJK.04/2014 concerning the Board of Directors and
                                                              Board of Commissioners of Issuers or Public Companies.

INDEPENDENSI                                                  INDEPENDENCE

Direksi dalam menjalankan tugasnya bekerja secara pro-        In carrying out their duties, the Board of Directors works
fesional dan mengedepankan kepentingan Perseroan dan          professionally and prioritizes the interests of the Company
juga stakeholder. Dengan demikian Perseroan menjamin          and stakeholders. Thus, the Company ensures that each
bahwa setiap anggota direksi bertindak independent dan        member of the Board of Directors acts independently and
profesional serta tidak terlibat dari Conflict of Inteterst   professionally and is not involved in any conflicts of interest
yang nantinya dapat mengganggu dalam menjalankan              that may interfere with their duties and decision-making.
tugas serta pengambilan keputusan.

KEBIJAKAN DAN PELAKSANAAN FREKUENSI                           POLICY AND IMPLEMENTATION OF BOARD OF
RAPAT DIREKSI                                                 DIRECTORS MEETING FREQUENCY

Kebijakan Rapat Direksi                                       Board of Directors Meeting Policy

Kebijakan rapat Direksi tercantum dalam Pedoman               The Board of Directors meeting policy is outlined in the
Direksi Perseroan.                                            Company’s Board Manual.

Pelaksanaan Frekuensi Rapat Direksi                           Implementation of Board of Directors Meeting
                                                              Frequency

Direksi mengadakan rapat direksi secara rutin setiap          The Board of Directors holds regular Board of Directors
minggu, dengan fokus agenda untuk membahas isu-isu            meetings every week, with a focus on discussing current
terkini serta merumuskan strategi-strategi perusahaan,        issues and formulating company strategies, oversight
pengawasan dan pengendalian, evaluasi kinerja, alokasi        and control, performance evaluation, resource allocation,
sumber daya, manajemen risiko, komunikasi dan koordi-         risk management, communication and coordination, and
nasi dan lainnya selain itu sebagai bentuk pengawasan         others. Additionally, as a form of oversight over business
terhadap unit usaha, Perseroan juga melakukan business        units, the Company also conducts a monthly business
review setiap bulan terhadap kinerja unit usaha Perseroan.    review of the performance of its business units.

Di samping rapat internal, Dewan Komisaris dan Direksi        In addition to internal meetings, the Board of Commissioners
juga mengadakan rapat gabungan. Penyelenggaraan               and the Board of Directors also hold joint meetings. The
rapat ini disesuaikan dengan kebutuhan dalam rangka           conduct of these meetings is tailored to the needs for
koordinasi untuk membahas laporan kinerja Perusahaan,         coordination to discuss the Company’s performance
hal penting dan strategis, serta masalah-masalah yang         reports, important and strategic matters, as well as
dihadapi Perusahaan. Rapat gabungan Direksi dengan            issues faced by the Company. Joint meetings of the
Dewan Komisaris dilaksanakan setidaknya 3 kali dalam          Board of Directors with the Board of Commissioners are
setahun guna membahas berbagai rencana dan keputu-            held at least 3 times a year to discuss various plans and
san yang akan diambil terkait pengelolaan operasional         decisions that will be made regarding the management
Perseroan.                                                    of the Company’s operations.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




Sepanjang tahun 2023 Rapat Gabungan antara Dewan                  Throughout 2023, Joint Meetings between the Board of
Komisaris dan Direksi telah dilaksanakan sebanyak 4               Commissioners and the Board of Directors have been held
(empat) kali. Adapun agenda dan risalah rapat, kehadiran,         4 (four) times. The agendas and minutes of the meetings,
serta rekapitulasi tingkat kehadiran Dewan Komisaris dan          attendance, and summary of the attendance rate of the
Direksi dalam rapat-rapat tersebut adalah, sebagai berikut:       Board of Commissioners and the Board of Directors in
                                                                  those meetings are as follows:



Kehadiran pada Rapat Gabungan
Attendance at Joint Meetings

         Nama                   Jabatan              Jumlah Rapat             Kehadiran Rapat            % Kehadiran
         Name                   Position           Number of Meetings        Meeting Attendance     Attendance Percentage

                         Direktur Utama
 Djauhar Maulidi                                              4                       4                      100
                         President Director

 M. Oka Lesmana          Direktur
                                                              4                       4                      100
 Firdauzi                President Director

                         Direktur
 Sumantri                                                     4                       4                      100
                         President Director

                         Direktur
 Ogi Rulino                                                   2                       2                      100
                         President Director



Kehadiran pada RUPS                                               Attendance at GMS

Informasi kehadiran Direksi pada RUPS Tahunan dan                 Information on the attendance of the Board of Directors at
RUPSLB dapat dilihat pada Bab Tata Kelola Perusahaan              the Annual General Meeting of Shareholders (AGM) and
bagian Rapat Umum Pemegang Saham.                                 Extraordinary General Meeting of Shareholders (EGM) can
                                                                  be found in the Corporate Governance chapter under the
                                                                  General Meeting of Shareholders section.

PROGRAM PENGENALAN/ORIENTASI                                      INDUCTION/ORIENTATION PROGRAM

Melalui Sekretaris Perusahaan, Perusahaan akan melak-             Through the Corporate Secretary, the Company will con-
sanakan program orientasi bagi anggota Direksi yang               duct an orientation program for newly appointed Board
baru pertama kali menjabat. Program pengenalan akan               of Directors members. The orientation program will be
diberikan bersamaan dengan rapat Dewan Komisaris,                 provided alongside the Board of Commissioners, Board
Direksi dan jajaran Manajemen.                                    of Directors, and Management meetings.
                                                                  New Board of Directors members will be given general
Anggota Direksi baru diberi materi umum mengenai                  information about the Company so that they can perform
Perseroan agar nantinya dapat menjalankan tugas dengan            their duties well. In 2023, the Company held an orientation
baik. Pada tahun 2023, Perseroan menyelenggarakan                 program for Mr. Ogi Rulino on June 5, 2023.
program pengenalan kepada Bapak Ogi Rulino pada
tanggal 5 Juni 2023.




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PELATIHAN DAN PENGEMBANGAN KOMPETENSI                        TRAINING AND COMPETENCY DEVELOPMENT

Kebijakan Pelatihan                                          Training Policy

Kebijakan Pelatihan Direksi tercantum dalam dalam            The Board of Directors Training Policy is stated in the
Anggaran Dasar. Perseroan menyediakan fasilitas berupa       Articles of Association. The Company provides facilities in
program pengembangan kompetensi bagi anggota Direksi,        the form of competency development programs for Board
baik berupa pelatihan, seminar, konferensi, dan workshop,    of Directors members, whether through training, seminars,
agar dapat meningkatkan wawasan terkait dunia usaha          conferences, and workshops, to improve insights into the
dan fenomena terkini. Program tersebut dilaksanakan          business world and current phenomena. This program is
sesuai dengan rencana pelaksanaan program pening-            conducted according to the implementation plan of the
katan kompetensi yang dimuat pada Rencana Kerja dan          competency enhancement program outlined in the Board
Anggaran Direksi.                                            of Directors Work Plan and Budget.

Pelatihan dan Pengembangan Kompetensi Direksi                Board of Directors Training and Competency
                                                             Development

Perseroan memberikan fasilitas berupa program pengem-        The Company provides facilities for the implementation
bangan kompetensi bagi anggota Direksi, baik berupa          of competency development programs for members of
pelatihan, seminar, konferensi, dan workshop, agar dapat     the Board of Directors, such as training, seminars, confer-
meningkatkan wawasan terkait dunia usaha dan fenomena        ences, and workshops, aimed at expanding insights into
terkini. Program tersebut dilaksanakan sesuai dengan         the development of the business world and current busi-
rencana pelaksanaan program peningkatan kompetensi           ness phenomena. The implementation of these programs
yang dimuat pada Rencana Kerja dan Anggaran Direksi.         refers to the competency development plan outlined in
Pada tahun 2023, pengembangan kompetensi Direksi             the Board of Director’s Work Plan and Budget. In 2023,
Perseroan dilaksanakan secara mandiri melalui media          the competency development of the Board of Directors
buku dan informasi digital.                                  was carried out independently through books and digital
                                                             information media.

PENILAIAN DIREKSI TERHADAP KINERJA KOMITE                    BOARD OF DIRECTORS’ ASSESSMENT OF THE
YANG MENDUKUNG PELAKSANAAN TUGAS                             PERFORMANCE OF COMMITTEES SUPPORTING
DIREKSI                                                      THE IMPLEMENTATION OF BOARD OF DIRECTORS
                                                             DUTIES

Direksi tidak memiliki komite dibawah Direksi, sehingga      The Board of Directors does not have committees under it,
informasi tekait penilaian Direksi terhadap kinerja komite   so information regarding the Board of Directors’ assess-
yang mendukung pelaksanaan tugas Direksi tidak dapat         ment of the performance of committees supporting the
diungkapkan dalam Laporan Tahunan ini.                       implementation of Board of Directors duties cannot be
                                                             disclosed in this Annual Report.of Directors Work Plan
                                                             and Budget.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




DEWAN KOMISARIS
BOARD OF COMMISSIONERS


Dewan Komisaris adalah organ Perusahaan yang                   The Board of Commissioners is the Company’s organ
melakukan pengawasan, memberikan nasihat kepada                responsible for supervision, providing advice to the Board
Direksi terkait pengelolaan perusahaan, dan bertanggung        of Directors regarding company management, and being
jawab atas penerapan GCG di perusahaan agar berjalan           responsible for the Company’s effective and sustainable
efektif dan berkelanjutan. Namun dalam pelaksanaannya          GCG (Good Corporate Governance) implementation.
tidak dapat terlibat dalam pengambilan keputusan terkait       However, in its implementation, it is not involved in decision-
aktivitas bisnis Perseroan.                                    making regarding the Company’s business activities.

KOMPOSISI DAN MASA JABATAN                                     COMPOSITION AND TERM OF OFFICE

Sepanjang 2023, terdapat perubahan komposisi Dewan             Throughout 2023, there were changes in the composition
Komisaris. Berikut komposisi Dewan Komisaris PT Rukun          of the Board of Commissioners. Here is the composition
Raharja Tbk:                                                   of the Board of Commissioners of PT Rukun Raharja Tbk:



Dewan Komisaris
Board of Commissioners

          Nama                   Jabatan                       Dasar Pengangkatan                   Periode Masa Jabatan
          Name                   Position                      Basis of Appointment                     Term of Office

                                            Periode per 31 Desember 2022
                                               As of December 31, 2022

 Rudiantara               Komisaris Utama            Berita Acara RUPST No 37 tanggal 22 Juni             2019 - 2023
                          President Commissioner     2022, Pengangkatan Bapak Rudiantara
                                                     sebagai Komisaris Utama
                                                     Minutes of the Extraordinary GMS (EGM)
                                                     No. 37, dated June 22, 2022, Appointment
                                                     of Mr. Rudiantara as the President
                                                     Commissioner

 Mohammad                 Komisaris                  Pengangkatan Kembali terakhir :                      2014 - 2023
 Arsjad Rasjid P.         Commissioner               Berita Acara RUPST No 13 tanggal 8 Juni
 Mangkuningrat                                       2020
                                                     Last Reappointment:
                                                     Minutes of the Annual GMS (AGM) No. 13,
                                                     dated June 8, 2020

 Rachmat Gobel            Komisaris Independen       Pengangkatan Kembali terakhir :                      2016 - 2023
                          Independent                Berita Acara RUPST No 13 tanggal 8 Juni
                          Commissioner               2020
                                                     Last Reappointment:
                                                     Minutes of the Annual GMS (AGM) No. 13,
                                                     dated June 8, 2020




181                   Laporan Tahunan 2023                                                       PT Rukun Raharja Tbk
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          Nama                Jabatan                    Dasar Pengangkatan                  Periode Masa Jabatan
          Name                Position                   Basis of Appointment                    Term of Office

                                         Periode per 31 Desember 2023
                                            As of December 31, 2023

 Rudiantara            Komisaris Utama          Pengangkatan Kembali terakhir :                  2023 - 2026
                       President Commissioner   Akta Berita Acara RUPSLB No 70 tanggal
                                                29 Mei 2023.
                                                Last Reappointment:
                                                Deed of Minutes of the Extraordinary GMS
                                                (EGM) No. 70, dated May 29, 2023.

 Mohammad              Komisaris                Pengangkatan Kembali terakhir :                  2023 - 2026
 Arsjad Rasjid P.      Commissioner             Akta Berita Acara RUPSLB No 70 tanggal
 Mangkuningrat                                  29 Mei 2023.
                                                Last Reappointment:
                                                Deed of Minutes of the Extraordinary GMS
                                                (EGM) No. 70, dated May 29, 2023.

 Rachmat Gobel         Komisaris Independen     Pengangkatan Kembali terakhir :                  2023 – 2026
                       Independent              Akta Berita Acara RUPSLB No 70 tanggal
                       Commissioner             29 Mei 2023.
                                                Last Reappointment:
                                                Deed of Minutes of the Extraordinary GMS
                                                (EGM) No. 70, dated May 29, 2023.

 Orias Petrus Moedak   Komisaris Independen     Pengangkatan Kembali terakhir :                  2023 - 2026
                       Independent              Akta Berita Acara RUPSLB No 70 tanggal
                       Commissioner             29 Mei 2023.
                                                Last Reappointment:
                                                Deed of Minutes of the Extraordinary GMS
                                                (EGM) No. 70, dated May 29, 2023.

 D. Andhi Nirwanto     Komisaris Independen     Pengangkatan Kembali terakhir :                  2023 - 2026
                       Independent              Akta Berita Acara RUPSLB No 70 tanggal
                       Commissioner             29 Mei 2023.
                                                Last Reappointment:
                                                Deed of Minutes of the Extraordinary GMS
                                                (EGM) No. 70, dated May 29, 2023.




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                                              TATA KELOLA PERUSAHAAN
                                              CORPORATE GOVERNANCE




TUGAS, TANGGUNG JAWAB, DAN WEWENANG                         DUTIES, RESPONSIBILITIES AND AUTHORITIES

Dewan Komisaris mempunyai tugas, tanggung jawab,            The Board of Commissioners has the following duties,
dan wewenang sebagai berikut:                               responsibilities and authorities:
•   Memantau kinerja dan memberi nasihat kepada             •   Monitor performance and provide advice to the
    Direksi terkait pengelolaan Perseroan.                      Board of Directors regarding the management of
•   Meninjau Laporan Keuangan, Rencana Tahunan, dan             the Company.
    Anggaran Perseroan.                                     •   Review Financial Statements, Annual Plans, and
•   Menentukan remunerasi Direksi                               Company Budgets.
•   Mempersiapkan Laporan Pengawasan Perseroan              •   Determine remuneration for the Board of Directors.
    dan melaporkannya pada RUPS Tahunan.                    •   Prepare the Company’s Supervisory Report and report
•   Melaksanakan keputusan RUPS Tahunan dan mel-                it at the Annual General Meeting (AGM).
    aporkannya pada RUPS Tahunan berikutnya.                •   Implement resolutions of the AGM and report them
                                                                at the subsequent AGM.

WEWENANG DAN HAK                                            AUTHORITIES AND RIGHTS

Wewenang dan hak Dewan Komisaris diatur dalam               The authorities and rights of the Board of Commissioners
Anggaran Dasar perusahaan dan dapat disesuaikan             are regulated in the Company’s Articles of Association
dengan ketentuan hukum dan peraturan yang berlaku.          and can be adjusted according to the provisions of appli-
Wewenang dewan komisaris meliputi fungsi pengawasan         cable laws and regulations. The Board of Commissioners’
Perseroan, penunjukan Direksi, penetapan kebijakan          authorities include overseeing the Company, appointing
strategis Perseroan, pengawasan dan evaluasi laporan        the Board of Directors, determining the Company’s
keuangan, serta berhak untuk mendapatkan melakukan          strategic policies, overseeing and evaluating financial
fungsi pengawasan tadi secara independen dan optimal.       statements, and having the right to independently and
                                                            optimally perform their supervisory functions.

PEDOMAN DAN TATA TERTIB                                     GUIDELINES AND RULES OF PROCEDURE

Dewan Komisaris memiliki pedoman dan tata tertib            The Board of Commissioners has guidelines and rules of
kerja yang tercantum dalam Anggaran Dasar Perseroan.        procedure of work outlined in the Company’s Articles of
Pedoman tersebut disusun berdasarkan Undang-Undang          Association. These guidelines are prepared based on Law
Perseroan No. 40 Tahun 2007 tentang Perseroan Terbatas      No. 40 of 2007 concerning Limited Liability Companies
serta telah diselaraskan dengan Peraturan Otoritas Jasa     and have been aligned with Financial Services Authority
Keuangan 33/POJK.04/2014 tentang Direksi dan Dewan          Regulation No. 33/POJK.04/2014 concerning Board of
Komisaris Emiten atau Perusahaan Publik.                    Directors and Board of Commissioners of Issuers or
                                                            Public Companies.

INDEPENDENSI                                                INDEPENDENCE

Perseroan memberikan jaminan bagi anggota Dewan             The Company ensures that Board of Commissioners
Komisaris agar mampu bertindak independen serta             members are able to act independently and are not
tidak terlibat dalam konflik kepentingan yang dapat         involved in conflicts of interest that may disrupt the per-
mengganggu pelaksanaan tugas dan tanggung jawabnya.         formance of their duties and responsibilities. The Board
Dewan Komisaris selalu bekerja dengan profesionalisme,      of Commissioners always works with professionalism
penuh komitmen, dan memprioritaskan kepentingan             and full commitment and prioritizes the interests of the
Perseroan serta para pemangku kepentingan.                  Company and stakeholders.




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KOMISARIS INDEPENDEN                                                 INDEPENDENT COMMISSIONERS

Mengacu ketentuan pada Peraturan Otoritas Jasa                       Referring to the provisions of Financial Services Authority
Keuangan No. 33/POJK.04/2014, setiap perusahaan                      Regulation No. 33/POJK.04/2014, every public com-
terbuka diwajibkan untuk memiliki Komisaris Independen               pany is required to have Independent Commissioners
paling sedikit 30% dari seluruh anggota Dewan Komisaris.             comprising at least 30% of all Board of Commissioners
Saat ini, Perseroan memiliki 3 dari 5 anggota Dewan                  members. Currently, the Company has 3 out of 5 Board
Komisaris yang merupakan Komisaris Independen, seh-                  of Commissioners members who are Independent
ingga persyaratan tersebut telah terpenuhi.                          Commissioners, thus fulfilling this requirement.

Pihak yang ditunjuk sebagai Komisaris Independen telah               Individuals appointed as Independent Commissioners
memenuhi kriteria pengangkatan sebagai berikut:                      must meet the following appointment criteria:



Komisaris Independen
Independent Commissioners


                      Kriteria Komisaris Independen                            Rachmat         D. Andhi Nir-     Orias Petrus
                   Independent Commissioner Criteria                            Gobel              wanto           Moedak

 Bukan merupakan orang yang bekerja atau mempunyai wewenang dan
 tanggung jawab untuk merencanakan, memimpin, mengendalikan,
 atau mengawasi kegiatan Perseroan dalam waktu 6 bulan terakhir,
 kecuali untuk pengangkatan kembali sebagai Komisaris Independen
 pada periode berikutnya.                                                          √                 √                √
 Not being a person who works or has had the authority and responsibility
 to plan, lead, control, or supervise the Company's activities in the last
 6 months, except for reappointment as an Independent Commissioner
 in the following period.

 Tidak mempunyai saham, baik langsung maupun tidak langsung pada
 Perseroan.                                                                        √                 √                √
 Not having shares, either directly or indirectly, in the Company.

 Tidak mempunyai hubungan afiliasi dengan Perseroan, baik anggota
 Dewan Komisaris, anggota Direksi, Pemegang Saham Utama/Saham
 Mayoritas atau Pemegang Saham Pengendali Perseroan.
                                                                                   √                 √                √
 Not having an affiliation with the Company, including members of the
 Board of Commissioners, members of the Board of Directors, Major
 Shareholders, or Controlling Shareholders of the Company.

 Tidak mempunyai hubungan usaha, baik langsung maupun tidak
 langsung, yang berkaitan dengan kegiatan usaha Perseroan.
                                                                                   √                 √                √
 Not having a business relationship, either directly or indirectly, related
 to the Company's business activities.




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                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




KEBIJAKAN DAN PELAKSANAAN FREKUENSI                           POLICY AND IMPLE ME NTATION OF BOARD OF
RAPAT DEWAN KOMISARIS                                         COMMISSIONERS MEETING FREQUENCY

Kebijakan Rapat Dewan Komisaris                               Board of Commissioners Meeting Policy

Kebijakan rapat Dewan Komisaris tercantum dalam               The Board of Commissioners meeting policy is out-
Piagam Dewan Komisaris. Rapat internal Dewan Komisaris        lined in Charter of Board of Commissioners. Board of
wajib diselenggarakan sekurang-kurangnya 6 kali dalam         Commissioners internal meetings must be held at least 6
setahun atau disesuaikan dengan kebutuhan Perseroan.          times a year or adjusted according to the Company’s needs.

Pelaksanaan Frekuensi Rapat Dewan Komisaris                   Implementation of Board of Commissioners Meeting
                                                              Frequency

Sepanjang tahun 2023, Dewan Komisaris telah                   Throughout 2023, the Board of Commissioners has
melaksanakan rapat sebanyak 6 (enam) kali. Berikut            held 6 (six) meetings. The following is the frequency
adalah frekuensi dan kehadiran Rapat Dewan Komisaris          and attendance of Board of Commissioners Meetings
sepanjang 2023:                                               throughout 2023:



Kehadiran pada Rapat Dewan Komisaris
Attendance at Board of Commissioners Meetings


         Nama                  Jabatan             Jumlah Rapat            Kehadiran Rapat            % Kehadiran
         Name                  Position          Number of Meetings       Meeting Attendance     Attendance Percentage

                        Komisaris Utama
 Rudiantara             President                         6                        6                      100
                        Commissioner

 Mohammad
                        Komisaris
 Arsjad Rasjid P.                                         6                        6                      100
                        Commissioner
 Mangkuningrat

                        Komisaris Independen
 Rachmat Gobel          Independent                       6                        6                      100
                        Commissioner

                        Komisaris Independen
 Orias Petrus Moedak    Independent                       3                        3                      100
                        Commissioner

                        Komisaris Independen
 D. Andhi Nirwanto      Independent                       3                        3                      100
                        Commissioner




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Page 186
Kehadiran pada Rapat Gabungan
Attendance at Joint Meetings

                                                                                                       % Kehadiran
         Nama                  Jabatan             Jumlah Rapat             Kehadiran Rapat
                                                                                                   Attendance Percent-
         Name                  Position          Number of Meetings        Meeting Attendance
                                                                                                           age
                        Komisaris Utama
 Rudiantara             President                          4                        4                      100
                        Commissioner

 Mohammad
                        Komisaris
 Arsjad Rasjid P.                                          4                        4                      100
                        Commissioner
 Mangkuningrat

                        Komisaris Independen
 Rachmat Gobel          Independent                        4                        4                      100
                        Commissioner

                        Komisaris Independen
 Orias Petrus Moedak    Independent                        2                        2                      100
                        Commissioner

                        Komisaris Independen
 D. Andhi Nirwanto      Independent                        2                        2                      100
                        Commissioner


Kehadiran pada RUPS                                            Attendance at GMS

Informasi kehadiran Dewan Komisaris pada RUPS Tahunan          Information on the attendance of the Board of Commissioners
dan RUPSLB dapat dilihat pada Bab Tata Kelola Perusahaan       at the Annual General Meeting of Shareholders (AGM) and
bagian Rapat Umum Pemegang Saham.                              Extraordinary General Meeting of Shareholders (EGM) can
                                                               be found in the Corporate Governance chapter under the
                                                               General Meeting of Shareholders section.




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                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




PELATIHAN DAN PENGEMBANGAN KOMPETENSI                        TRAINING AND COMPETENCY DEVELOPMENT

Kebijakan Pelatihan                                          Training Policy

Kebijakan Pelatihan Dewan Komisaris tercantum dalam          The Board of Commissioners Training Policy is stated in the
Anggaran Dasar. Perseroan menyediakan fasilitas untuk        Articles of Association. The Company provides facilities
pelaksanaan program pengembangan kompetensi bagi             for implementing competency development programs
anggota Dewan Komisaris, seperti pelatihan, seminar,         for Board of Commissioners members, such as training,
konferensi, dan workshop, yang bertujuan untuk memper-       seminars, conferences, and workshops aimed at improving
luas wawasan mengenai perkembangan dunia usaha dan           insights into the development of the business world and
fenomena bisnis terkini. Pelaksanaan program tersebut        current business phenomena. The implementation of
mengacu pada rencana peningkatan kompetensi yang             these programs refers to the competency enhancement
termuat dalam Rencana Kerja dan Anggaran Dewan               plan outlined in the Board of Commissioners Work Plan
Komisaris.                                                   and Budget.



Pelatihan dan Pengembangan Kompetensi Dewan                  Board of Commissioners Training and Competency
Komisaris                                                    Development

Perseroan menyediakan fasilitas untuk pelaksanaan            The Company provides facilities in the form of competency
program pengembangan kompetensi bagi anggota Dewan           development programs for members of the Board of
Komisaris,seperti pelatihan, seminar, konferensi, dan        Commissioner, including training, seminars, conferences,
workshop, yang bertujuan untuk memperluas wawasan            and workshops to enhance insights into current business
mengenai perkembangandunia usaha dan fenomena                trends and phenomena. These programs are implemented
bisnis terkini. Pelaksanaan program tersebut mengacu         according to the competency development program
pada rencana peningkatan kompetensi yang termuat             plan outlined in the Board of Commissioner’s Work Plan
dalam Rencana Kerja dan Anggaran Dewan Komisaris.            and Budget. In 2023, the competency development of
Pada 2023, pengembangan kompetensi Dewan Komisaris           the Company’s Board of Commissioner was carried out
Perseroan dilaksanakan secara mandiri melalui media          independently through books and digital information.
buku dan informasi digital.

PROGRAM PENGENALAN/ ORIENTASI                                INDUCTION/ORIENTATION PROGRAM

Perseroan menyelenggarakan program orientasi melalui         The Company organizes an orientation program through
Sekretaris Perusahaan bagi anggota Dewan Komisaris           the Corporate Secretary for newly appointed Board of
yang baru pertama kali menjabat. Program tersebut            Commissioners members. This program is held alongside
diselenggarakan bersamaan dengan pelaksanaan rapat           the Board of Commissioners, Board of Directors, and
Dewan Komisaris, Direksi, dan jajaran Manajemen. Program     Management meetings. The orientation program aims
orientasi memiliki tujuan untuk memberikan pemahaman         to provide a general understanding of the Company so
umum mengenai Perseroan agar anggota Dewan Komisaris         that new Board of Commissioners members can perform
yang baru dapat melaksanakan tugasnya dengan lebih           their duties more effectively. In 2023, the Company held
baik. Pada tahun 2023, Perseroan menyelenggarakan            an orientation program for Mr. Orias Petrus Moedak and
program pengenalan kepada Bapak Orias Petrus Moedak          Mr. D. Andhi Nirwanto on June 5, 2023.
dan Bapak D. Andhi Nirwanto pada tanggal 5 Juni 2023.




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PENILAIAN KINERJA DIREKSI DAN DEWAN                           PERFORMANCE EVALUATION OF THE BOARD OF
KOMISARIS SERTA MASING-MASING ANGGOTA                         DIRECTORS AND THE BOARD OF COMMISSIONERS
DIREKSI DAN ANGGOTA DEWAN KOMISARIS                           AS WELL AS EACH MEMBER OF THE BOARD OF
                                                              DIRECTORS AND THE BOARD OF COMMISSIONERS

Prosedur Pelaksanaan Penilaian Kinerja                        Performance Assessment Procedure

Penilaian atas kriteria kinerja Dewan Komisaris dan Direksi   The assessment of the performance criteria of the Board
dilakukan dengan menggunakan metode self-assessment.          of Commissioners and the Board of Directors is conducted
Hasil evaluasi akan disampaikan kepada Pemegang Saham         using a self-assessment method. The evaluation results
melalui Rapat Umum Pemegang Saham (RUPS) bersamaan            will be presented to the Shareholders through the General
dengan Laporan Pengawasan Dewan Komisaris, Laporan            Meeting of Shareholders (GMS) along with the Board of
Tahunan, dan Laporan Keuangan Perseroan.                      Commissioners’ Supervisory Report, Annual Report, and
                                                              Company Financial Statements.



Kriteria                                                      Criteria

Adapun kriteria yang digunakan untuk menilai kinerja          The criteria used to assess the performance of the
Organ Perseroan, meliputi:                                    Company’s Organs include:
1. Tingkat kehadiran dalam rapat, baik internal maupun        1. Attendance rate at meetings, both internal and joint
   rapat gabungan;                                                meetings;
2. Pencapaian realisasi program kerja;                        2. Achievement of work program realization;
3. Ketaatan terhadap peraturan perundang-undangan             3. Compliance with applicable laws and regulations as
   yang berlaku serta kebijakan Perseroan lainnya; dan            well as other company policies; and
4. Komitmen penerapan GCG di Perseroan.                       4. Commitment to implementing GCG in the Company.

Pihak yang Melakukan Penilaian                                Assessors

Penilaian kinerja Dewan Komisaris dan Direksi dilakukan       The per formance assessment of the Board of
melalui metode self-assessment dengan dukungan dari           Commissioners and the Board of Directors is conducted
Komite Nominasi, Remunerasi, dan GCG. Dewan Komisaris         through the self-assessment method with the support
wajib untuk menyerahkan Laporan Tugas Pengawasan,             of the Nomination, Remuneration, and GCG Committee.
Laporan Tahunan, dan Laporan Keuangan Perseroan ke            The Board of Commissioners is required to submit the
Pemegang Saham untuk diberikan penilaian.                     Supervisory Duties Report, Annual Report, and Company
                                                              Financial Statements to the Shareholders for assessment.

Hasil Penilaian                                               Assessment Results

Dewan Komisaris, Direksi, dan organ pendukung lainnya         The Board of Commissioners, the Board of Directors, and
telah melaksanakan tugas dan tanggung jawabnya dengan         other supporting organs have carried out their duties and
baik berdasarkan hasil penilaian kinerja. Hasil penilaian     responsibilities well based on the performance assess-
juga menunjukkan bahwa target yang ditentukan oleh            ment results. The assessment results also indicate that
Perseroan telah mampu dicapai sepanjang tahun 2023.           the targets set by the Company have been achieved
Indikator pencapaian tersebut terlihat dari peningkatan       throughout 2023. Those achievement indicators are
kualitas kerja dari setiap bidang perusahaan.                 evident from the improvement in the quality of work in
                                                              each area of the Company.




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                                             TATA KELOLA PERUSAHAAN
                                             CORPORATE GOVERNANCE




PENILAIAN DEWAN KOMISARIS TERHADAP                         ASSESSMENT OF THE BOARD OF COMMISSIONERS
K I N E R JA K O M I T E YA N G M E N D U K U N G          ON THE PERFORMANCE OF COMMIT TEES
PELAKSANAAN TUGAS DEWAN KOMISARIS                          SUPPORTING THEIR DUTIES

Penilaian atas kriteria Komite Audit, Komite Nominasi,     The self-assessment method is used to assess the criteria
Remunerasi, dan GCG dilakukan dengan menggunakan           of the Audit Committee, Nomination, Remuneration, and
metode self-assessment.                                    GCG Committee.

Prosedur Penilaian Kinerja                                 Performance Assessment Procedure

Prosedur penilaian kinerja Komite di bawah Dewan           The performance assessment procedure of the Committees
Komisaris dilakukan dengan mengevaluasi rencana            under the Board of Commissioners is conducted by
program kerja tahunan serta KPI masing-masing Komite       evaluating each committee’s annual work program plans
yang telah disepakati bersama dengan Dewan Komisaris       and Key Performance Indicators (KPIs), which have been
beserta realisasinya.                                      agreed upon with the Board of Commissioners, along with
                                                           their realizations.

Kriteria Penilaian Kinerja Komite di Bawah Dewan           Criteria for Assessing Performance Committees
Komisaris                                                  under the Board of Commissioners

Adapun kriteria yang digunakan untuk menilai kinerja       The criteria used to assess the performance of the
Komite, meliputi:                                          Committees include:
1. Tingkat kehadiran dalam rapat, baik internal maupun     1. Attendance rate in meetings, both internal and joint
   rapat gabungan;                                             meetings;
2. Pencapaian realisasi program kerja;                     2. Achievement of work program realization;
3. Ketaatan terhadap peraturan perundang-undangan          3. Compliance with applicable laws and regulations, as
   yang berlaku serta kebijakan Perseroan lainnya; dan         well as the Company’s other policies; and
4. Komitmen penerapan GCG di Perseroan.                    4. Commitment to implementing GCG in the Company.



Hasil Penilaian Kinerja Komite                             Committee Performance Assessment Results

Dewan Komisaris dalam menjalankan tugasnya dibantu         In carrying out its duties, the Board of Commissioners
Komite Audit dan Komite Nominasi, Remunerasi, dan GCG.     is assisted by the Audit Committee and the Nomination,
Dewan Komisaris menilai bahwa selama tahun 2023 Komite     Remuneration, and GCG Committee. The Board of
di bawah Dewan Komisaris telah melaksanakan tugas dan      Commissioners assesses that during the year 2023, the
tanggung jawabnya dengan efektif serta memberikan          Committees under the Board of Commissioners have
apresiasi atas pencapaian program maupun rencana           effectively carried out their duties and responsibilities
kerja. Dewan Komisaris berharap kinerja Komite dapat       and appreciates the achievements of programs and
lebih ditingkatkan lagi sehingga mampu memberikan          work plans. The Board of Commissioners hopes that the
kontribusi yang lebih dalam membantu Dewan Komisaris       performance of the Committees can be further improved
melaksanakan tugas dan tanggung jawabnya                   so that they can make a more significant contribution to
                                                           assisting the Board of Commissioners in carrying out its
                                                           duties and responsibilities.

LAPORAN PELAKSANAAN TUGAS                                  DUTIES IMPLEMENTATION REPORT

Dewan Komisaris telah melaksanakan pengawasan serta        The Board of Commissioners has carried out supervision
memberikan nasihat untuk melakukan langkah-langkah         and provided advice to take strategic measures as follows:
strategis sebagai berikut:




189                  Laporan Tahunan 2023                                                 PT Rukun Raharja Tbk
Page 190
 Tugas dan Tanggung Jawab                                             Realisasi Program Kerja 2023
 Duties and Responsibilities                                         2023 Work Programs Realization

 Memantau kinerja dan memberi nasihat         Dewan Komisaris telah melakukan pengawasan terhadap upaya pengelolaan
 kepada Direksi terkait pengelolaan           dan pengembangan Perseroan oleh Direksi. Pengawasan yang dilakukan antara
 Perseroan.                                   lain terkait pengembangan usaha di wilayah baru, pengembangan portofolio
 Monitoring performance and providing         usaha, pencarian mitra strategis, pencarian sumber dana yang kompetitif, serta
 advice to the Board of Directors regarding   pengelolaan operasional. Selain itu, Dewan Komisaris juga telah memantau kinerja
 the management of the Company.               dan memberi nasihat kepada Direksi melalui rapat yang diadakan sebanyak 4 kali.
                                              The Board of Commissioners has supervised efforts to manage and develop the
                                              Company by the Board of Directors. The supervision carried out includes, among
                                              other, business development in new areas, business portfolio development, search
                                              for strategic partners, search for competitive funding sources, and operational
                                              management. In addition, the Board of Commissioners has also monitored
                                              performance and provided advice to the Board of Directors through 4 meetings.

 Meninjau Laporan Keuangan, Rencana           Berdasarkan hasil pengawasan, Dewan Komisaris telah meninjau Laporan
 Tahunan, dan Anggaran Perseroan.             Keuangan, serta Rencana Tahunan dan Anggaran Perseroan. Dewan Komisaris,
 Reviewing the Financial Statements,          melalui Komite Audit, telah melakukan pengawasan pada penyusunan Laporan
 Annual Plans, and Company Budgets.           Keuangan Perseroan oleh akuntan publik.
                                              Based on the results of the oversight, the Board of Commissioners has reviewed
                                              the financial statements and the Company’s annual plans and budgets. The Board
                                              of Commissioners, through the Audit Committee, has supervised the preparation
                                              of the Company’s Financial Statements by public accountants.

 Menentukan remunerasi Direksi.               Dewan Komisaris telah mempersiapkan Laporan Pengawasan Perseroan dan
 Determining the remuneration of the          telah menyampaikan kepada Pemegang Saham dalam agenda RUPS Tahunan
 Board of Directors.                          pada 29 Mei 2023. Pengawasan yang dilaksanakan meliputi pengembangan
                                              usaha di daerah baru, pengembangan portofolio usaha, pencarian mitra strategis,
                                              pencarian sumber dana baru yang kompetitif, dan pengelolaan operasional.
                                              The Board of Commissioners has prepared the Company’s Supervision Report and
                                              has submitted it to Shareholders on the agenda for the Annual GMS on May 29,
                                              2023. The supervision carried out includes business development in new areas,
                                              business portfolio development, search for strategic partners, search for new
                                              competitive funding sources, and operational management.

 Mempersiapkan Laporan Pengawasan             Dewan Komisaris telah melaksanakan semua keputusan RUPS Tahunan yang
 Perseroan dan melaporkannya pada             dilaksanakan pada 29 Mei 2023 dan akan melaporkannya pada RUPS Tahunan
 RUPS Tahunan.                                berikutnya.
 Preparing the Company's Supervisory          The Board of Commissioners has carried out all decisions of the Annual GMS
 Report and reporting it at the Annual        which was held on May 29, 2023 and will report them at the next Annual GMS.
 General Meeting of Shareholders.

 Melaksanakan      keputusan      RUPS        Melaksanakan keputusan RUPS Tahunan dan melaporkannya pada RUPS
 Tahunan dan melaporkannya pada RUPS          Tahunan berikutnya.
 Tahunan berikutnya.                          Implementing the resolutions of the Annual General Meeting of Shareholders and
 Implementing the resolutions of the          reporting them at the subsequent Annual General Meeting of Shareholders.
 Annual General Meeting of Shareholders
 and reporting them at the subsequent
 Annual General Meeting of Shareholders.




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                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




NOMINASI DAN REMUNERASI DIREKSI DAN                          NOMINATION AND REMUNERATION OF THE BOARD
DEWAN KOMISARIS                                              OF DIRECTORS AND BOARD OF COMMISSIONERS

Prosedur Nominasi Dewan Komisaris dan Direksi                Nomination Procedure for the Board of Commissioners
                                                             and the Board of Directors

Komite Nominasi, Remunerasi, dan GCG memiliki tanggung       The Nomination, Remuneration, and GCG Committee is
jawab dalam memberikan rekomendasi terkait penetapan         responsible for providing recommendations regarding the
anggota Dewan Komisaris dan Direksi. Dalam menjalankan       appointment of members of the Board of Commissioners
tugasnya akan dibantu Departemen Human Resources             and the Board of Directors. In carrying out its duties, they
& Service. Sebagaimana diungkapkan sebagai berikut:          will be assisted by the Human Resources & Services
                                                             Department. As expressed below:

1.    Proses Nominasi                                        1.   Nomination Process
      Perseroan menugaskan Komite Nominasi, Remunerasi,           The Company assigns the Nomination, Remuneration,
      dan GCG, dibantu oleh Departemen Human Resources            and GCG Committee, assisted by the Human Resources
      & Services, untuk melaksanakan proses nominasi              & Services Department, to carry out the nomination
      bagi anggota Dewan Komisaris dan Direksi.                   process for members of the Board of Commissioners
2.    Pengajuan Calon Anggota Dewan Komisaris dan                 and the Board of Directors.
      Direksi                                                2.   Submission of Candidates for Members of the Board
      Ketua Komite Nominasi, Remunerasi, dan GCG serta            of Commissioners and the Board of Directors
      Departemen Human Resources & Services menyer-               The Chairman of the Nomination, Remuneration, and
      ahkan daftar nama calon anggota Dewan Komisaris             GCG Committee, along with the Human Resources
      dan Direksi yang diputuskan melalui rapat internal          & Services Department, submit a list of candidates
      Dewan Komisaris dan Direksi.                                for members of the Board of Commissioners and
3.    Penilaian Kemampuan dan Kepatutan                           the Board of Directors decided through internal
      Penilaian kemampuan dan kepatutan dilakukan                 meetings of the Board of Commissioners and the
      terhadap pihak yang namanya tercantum dalam                 Board of Directors.
      daftar calon anggota Dewan Komisaris dan Direksi.      3.   Assessment of Capability and Suitability
      Calon anggota yang telah lulus penilaian kemudian           Assessment of capability and suitability is conducted
      diajukan dalam RUPS untuk diangkat.                         for individuals listed as candidates for members of the
4.    Penetapan Anggota Dewan Komisaris dan Direksi               Board of Commissioners and the Board of Directors.
      Calon yang telah memenuhi persyaratan dan lulus             Candidates who have passed the assessment are then
      penilaian kemampuan dan kepatutan diangkat                  proposed for appointment at the Annual General
      melalui persetujuan para Pemegang Saham pada                Meeting of Shareholders.
      saat pelaksanaan RUPS.                                 4.   Determination of Members of the Board of
                                                                  Commissioners and Board of Directors
                                                                  Candidates who meet the requirements and pass the
                                                                  capability and suitability assessment are appointed
                                                                  with the shareholders’ approval during the Annual
                                                                  General Meeting of Shareholders.

Prosedur Remunasi Dewan Komisaris dan Direksi                Board of Commissioners and Board of Directors
                                                             Remuneration Procedure

Kebijakan Remunerasi Dewan Komisaris dan Direksi             The policies for Board of Commissioners and Board
telah diatur dalam Kebijakan internal Perseroan, dimana      of Directors remuneration have been regulated in the
penilaian kinerja masing-masing Dewan Komisaris dan          Company’s internal policy, where the performance assess-
Direksi serta kondisi operasional Perseroan menjadi          ment of each Board of Commissioners and Board of
dasar penetuan remunerasi Dewan Komisaris dan Direksi.       Directors member and the Company’s operational condi-
                                                             tions serve as the basis for determining the remuneration.




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Dewan Komisaris bertanggung jawab menetapkan besa-                               The Board of Commissioners is responsible for deter-
ran remunerasi, sesuai dengan keputusan Rapat Umum                               mining the remuneration amount in accordance with the
Pemegang Saham (RUPS).                                                           resolution of the General Meeting of Shareholders (GMS).




        RUPS mendeligasikan kewenangan                          Perseroan mengikuti survei                            Komite Nominasi, Remunerasi,dan GCG
   1    distribusi remunerasi Direksi kepada             2      penggajian dalam industri yang sama.           3      mengkaji hasil survei dan memberikan
        Dewan komisaris Perseroan.                              The Company participates in salary                    masukan kepada Dewan Komisaris.
        The GMS delegates the authority to                      surveys within the same industry.                     The Nomination, Remuneration, and
        distribute remuneration of the Board                                                                          GCG Committee review the survey
        of Directors to the Company's Board of                                                                        results and provide input to the Board
        Commissioners.                                                                                                of Commissioners.




                                                        Prosedur Pemberian Remunerasi/
                                                        Remuneration Provision Procedure




                                    Dewan Komisaris menetapkan                             Dewan Komisaris mengkaji kinerja
                            5       remunerasi Direksi untuk periode                4      Direksi berdasarkan kinerja Perseroan
                                    Jabatan berikutnya.                                    dan masukan dari Komite Nominasi,
                                    The Board of Commissioners                             Remunerasi, dan GCG.
                                    determines the Board of Directors’                     The Board of Commissioners reviews
                                    remuneration for the next term.                        the Board of Directors’ performance
                                                                                           based on the Company’s performance
                                                                                           and input from the Nomination,
                                                                                           Remuneration, and GCG Committee.




Struktur dan Besaran Remunerasi                                                  Structure and Amount of Remuneration

Terdapat dua jenis Remunerasi yang diberikan kepada                              There are two types of remuneration provided to the
Dewan Komisaris dan Direksi, yakni: 1. Remunerasi tetap,                         Board of Commissioners and Board of Directors, namely:
yang tidak terkait dengan kinerja dan risiko, yaitu gaji                         1. Fixed remuneration, which is not related to performance
pokok dan kompensasi lainnya; serta 2. Remunerasi                                and risks, such as basic salary and other compensations,
variabel, di mana sangat terkait dengan kinerja dan                              and 2. Variable remuneration, which is highly related to
risiko, yaitu bonus.                                                             performance and risks, such as bonuses.

Besaran remunerasi yang diberikan kepada Dewan                                   The amount of remuneration provided to the Board of
Komisaris dan Direksi dalam jangka waktu 2 tahun ter-                            Commissioners and Board of Directors in the last 2 years
akhir disajikan pada tabel berikut.                                              is presented in the following table.




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                                                                TATA KELOLA PERUSAHAAN
                                                                CORPORATE GOVERNANCE




Struktur dan Besaran Remunerasi
Structure and Amount of Remuneration

                                                                                                                        Total (juta Rp)
 Uraian                                                               Jumlah (orang)                                   Total (million Rp)
 Description                                                      Number of People (person)
                                                                                                               2023                         2022

 Dewan Komisaris
 Board of Commissioners

 Remunerasi Tetap
 Fixed Remuneration
                                                                                  5                            8.328                    4.884
 Remunerasi Variabel*)
 Variable Remuneration*)

 Direksi
 Board of Directors

 Remunerasi Tetap
 Fixed Remuneration
                                                                                  4                            15.388                   10.163
 Remunerasi Variabel*)
 Variable Remuneration*)
 *) Perseroan tidak melaksanakan pembayaran berbasis saham kepada Dewan Komisaris dan Direksi.
 *) The Company did not implement stock-based payments to the Board of Commissioners and Board of Directors.




HUBUNGAN KERJA DEWAN KOMISARIS DAN
DIREKSI
WORK RELATIONSHIP OF THE BOARD OF COMMISSIONERS AND
BOARD OF DIRECTORS

Hubungan kerja Dewan Komisaris dan Direksi merupa-                                 The working relationship between the Board of
kan hubungan yang bersifat kelembagaan, dalam arti                                 Commissioners and the Board of Directors is institutional
senantiasa dilandasi oleh suatu mekanisme baku atau                                in nature, meaning it is always based on a standardized
korespondensi yang dapat dipertanggungjawabkan, di                                 mechanism or correspondence that can be accounted for,
mana peran dalam menjalankan pengurusan maupun                                     where the role in carrying out the management or super-
pengawasan pengurusan Perusahaan mengikuti keten-                                  vision of the Company follows the Company’s Articles of
tuan Anggaran Dasar Perusahaan maupun peraturan                                    Association and laws and regulations.
perundang-undangan.

Di samping itu, Dewan Komisaris dan Direksi memiliki                               In addition, the Board of Commissioners and the Board
hubungan kerja yang saling terkait serta hubungan saling                           of Directors have interrelated working relationships and
mengimbangi (check and balances). Melalui hubungan                                 balancing relationships (checks and balances). Through this
kerja tersebut diharapkan dapat tercapainya keberlanjutan                          working relationship, it is expected that the sustainability
usaha perusahaan yang tercermin pada: (1) Terlaksananya                            of the Company’s business can be achieved, reflected
dengan baik internal control dan manajemen risiko; (2)                             in: (1) Good implementation of internal control and risk




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Tercapainya imbal hasil (return) yang wajar bagi Pemegang   management; (2) Achieving a reasonable return for the
Saham; (3) Terlindunginya kepentingan Pemangku              Shareholders; (3) Protection of Stakeholder interests rea-
Kepentingan secara wajar; (4) Terlaksananya suksesi         sonably; (4) Successful implementation of leadership and
kepemimpinan dan manajemen di semua lini organisasi;        management succession at all levels of the organization;
dan (5) Terpenuhinya pelaksanaan GCG.                       and (5) Fulfillment of GCG implementation.

HUBUNGAN AFILIASI                                           AFFILIATION RELATIONSHIP

Dewan Komisaris dan Direksi tidak memiliki hubungan         The Board of Commissioners and the Board of Directors
afiliasi yaitu hubungan keluarga dengan Dewan Komisaris,    do not have an affiliation relationship, meaning no familial
Direksi, dan Pemegang Saham Pengendali serta hubun-         relationship with the Board of Commissioners, the Board
gan keuangan dengan Dewan Komisaris, Direksi, dan           of Directors, and Controlling Shareholders, nor a financial
Pemegang Saham Pengendali.                                  relationship with the Board of Commissioners, the Board
                                                            of Directors, and Controlling Shareholders.



KEBERAGAMAN KOMPOSISI                                       COMPOSITION DIVERSITY

Keberagaman komposisi Dewan Komisaris dan Direksi           The diversity of the composition of the Board of
tercermin dalam variasi latar belakang pendidikan,          Commissioners and the Board of Directors is reflected
pengalaman kerja, dan keahlian yang dimiliki oleh mas-      in the variety of educational backgrounds, work expe-
ing-masing anggota Dewan Komisaris dan Direksi. Dewan       riences, and skills possessed by each member of the
Komisaris dan Direksi memiliki kompetensi yang memadai      Board of Commissioners and the Board of Directors. The
dan relevan dengan jabatannya untuk menjalankan tugas       Board of Commissioners and the Board of Directors have
dan tanggung jawabnya. Pemilihan Dewan Komisaris            adequate and relevant competencies for their positions to
dan Direksi Perusahaan juga dilakukan dengan mem-           carry out their duties and responsibilities. The selection
pertimbangkan kualitas, kompetensi, serta kebutuhan         of the Company’s Board of Commissioners and Board of
Perusahaan.                                                 Directors is also carried out by considering the quality,
                                                            competency, and Company’s needs.

Keberagaman komposisi Dewan Komisaris dan Direksi           The diversity of the composition of the Company’s Board
Perusahaan Tahun 2023 dijelaskan pada tabel sebagai         of Commissioners and Board of Directors in 2023 is
berikut:                                                    described in the following table.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




Keberagaman Komposisi Dewan Komisaris dan Direksi
Diversity of Board of Commissioners and Board of Directors Composition

                                      Jenis
 Nama                  Jabatan                    Usia            Pendidikan                   Pengalaman Kerja Sebelumnya
                                     Kelamin
 Name                  Position                   Age             Education                      Previous Work Experiences
                                     Gender

 Dewan Komisaris
 Board of Commissioners

 Rudiantara        Komisaris Utama   Laki-laki   64      •    Sarjana Statistika,          •     Presiden Komisaris PT Semen
                   President         Male                     Universitas Padjadjaran,           Indonesia (Persero) Tbk (2020-
                   Commissioner                               Bandung (1984).                    2023).
                                                         •    Master of Business           •     Komisaris PT Rukun Raharja Tbk
                                                              Administration, Institut           (2019 - 2021).
                                                              Pendidikan dan               •     Menteri Komunikasi dan
                                                              Pembinaan Manajemen,               Informatika Republik Indonesia
                                                              Jakarta (1988).                    (2014 - 2019).
                                                         •    Bachelor of Statistics,      •     Komisaris Utama PT Rukun
                                                              Universitas Padjadjaran,           Raharja Tbk (2014).
                                                              Bandung (1984).              •     Wakil Direktur Utama PT PLN
                                                         •    Master of Business                 (Persero) (2008 - 2009).
                                                              Administration, Jakarta      •     Wakil Direktur Utama PT Semen
                                                              Institute of Education and         Gresik (Persero) Tbk (2006 - 2008).
                                                              Management                   •     Komisaris/Direksi serta Ketua
                                                              Development (1988).                Komite Audit di berbagai
                                                                                                 Perusahaan Telekomunikasi (PT
                                                                                                 Telkomsel, PT XL Axiata Tbk, PT
                                                                                                 Telekomunikasi Indonesia Tbk,
                                                                                                 dan PT Indosat Oredoo Tbk).
                                                                                           •     President Commissioner of PT
                                                                                                 Semen Indonesia (Persero) Tbk
                                                                                                 (2020-2023).
                                                                                           •     Commissioner of PT Rukun
                                                                                                 Raharja Tbk
                                                                                                 (2019 - 2021).
                                                                                           •     Minister of Communication and
                                                                                                 Information
                                                                                                 Technology of the Republic of
                                                                                                 Indonesia (2014 - 2019).
                                                                                           •     President Commissioner of PT
                                                                                                 Rukun Raharja Tbk (2014).
                                                                                           •     Vice President Director of PT PLN
                                                                                                 (Persero)
                                                                                                 (2008 - 2009).
                                                                                           •     Vice President Director of PT
                                                                                                 Semen Gresik
                                                                                                 (Persero) Tbk (2006 - 2008).
                                                                                           •     Commissioner/Director and
                                                                                                 Chairman of Audit Committee in
                                                                                                 various Telecommunication
                                                                                                 Companies (PT Telkomsel, PT XL
                                                                                                 Axiata Tbk,
                                                                                                 PT Telekomunikasi Indonesia Tbk,
                                                                                                 and PT Indosat Ooredoo Tbk).




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                                    Jenis
 Nama                  Jabatan                 Usia           Pendidikan                     Pengalaman Kerja Sebelumnya
                                   Kelamin
 Name                  Position                Age            Education                        Previous Work Experiences
                                   Gender
 M. Arsjad Rasjid   Komisaris      Laki-laki   53     •   Bachelor of Computer           •     Ketua Umum Kamar Dagang
 PM                 Commissioner   Male                   Engineering, University              dan Industri Indonesia (KADIN
                                                          of Southern California               Indonesia) (2021 - 2026).
                                                          (1990).                        •     Presiden Komisaris PT Indika
                                                      •   Bachelor of Sciene bidang            Infrastruktur Investindo (sejak
                                                          Administrasi Bisnis,                 Juni 2020).
                                                          Pepperdine University,         •     Komisaris PT Indika Inti Corpindo
                                                          California, Amerika                  (sejak Juni 2020).
                                                          Serikat (1993).                •     Komisaris PT Grab Teknologi
                                                      •   Program Executive                    Indonesia(sejak 2020).
                                                          Education Global               •     Presiden Komisaris PT Indika
                                                          Leadership and Public                Multi Properti (sejak Oktober
                                                          Policy for the 21st                  2019).
                                                          Century, Harvard Kennedy       •     Komisaris Kideco (sejak Februari
                                                          School, Amerika Serikat              2017).
                                                          (2012).                        •     Chairman Indika Foundation
                                                      •   Program Insights into                (sejak 2017).
                                                          Politics and Public            •     Komisaris PT Indika Energy
                                                          Policy in Asia untuk Para            Infrastructure (sejak Desember
                                                          Pemimpin Global, Lee                 2016).
                                                          Kuan Yew School of Public      •     Direktur Utama PT Indika Energy
                                                          Policy, Singapura (2012).            Tbk (sejak 2016).
                                                      •   Executive Education            •     Anggota Komite Nominasi,
                                                          on Impact Investing,                 Remunerasi dan GCG PT Rukun
                                                          Said Business School,                Raharja Tbk (sejak 2015).
                                                          University of Oxford,          •     Chairman of the Indonesian
                                                          Inggris (2013).                      Chamber of Commerce and
                                                      •   Program Executive                    Industry (KADIN Indonesia) (2021
                                                          Education on Leadership              - 2026).
                                                          and Decision Making in         •     President Commissioner of PT
                                                          the 21st Century, Jackson            Indika Infrastruktur Investindo
                                                          Institute for Global                 (since June 2020).
                                                          Affairs, Yale University,      •     Commissioner of PT Indika Inti
                                                          Amerika Serikat (2014).              Corpindo (since June 2020).
                                                      •   Bachelor of Computer           •     Commissioner of PT Grab
                                                          Engineering, University of           Teknologi Indonesia (since 2020).
                                                          Southern California (1990).    •     President Commissioner of PT
                                                      •   Bachelor of Science in               Indika Multi
                                                          Business Administration,             Properti (since October 2019).
                                                          Pepperdine University,         •     Commissioner of Kideco (since
                                                          California, USA (1993).              February 2017).
                                                      •   Executive Education            •     Chairman of the Indika Foundation
                                                          Program in Global                    (since 2017).
                                                          Leadership and Public          •     Commissioner of PT Indika Energy
                                                          Policy for the 21st Century,         Infrastructure (since December
                                                          Harvard Kennedy School,              2016).
                                                          USA (2012).                    •     President Director of PT Indika
                                                      •   Insights into Politics and           Energy Tbk (since 2016).
                                                          Public Policy in Asia          •     Member of the Nomination,
                                                          Program for Global                   Remuneration, and GCG
                                                          Leaders, Lee Kuan Yew                Committee of PT Rukun Raharja
                                                          School of Public Policy,             Tbk (since 2015).
                                                          Singapore (2012).
                                                      •   Executive Education
                                                          on Impact Investing,
                                                          Said Business School,
                                                          University of Oxford, UK
                                                          (2013).
                                                      •   Executive Education
                                                          Program on Leadership
                                                          and Decision Making in
                                                          the 21st Century, Jackson
                                                          Institute for Global
                                                          Affairs, Yale University,
                                                          USA (2014).




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                                            TATA KELOLA PERUSAHAAN
                                            CORPORATE GOVERNANCE




                                 Jenis
Nama               Jabatan                  Usia            Pendidikan                  Pengalaman Kerja Sebelumnya
                                Kelamin
Name               Position                 Age             Education                     Previous Work Experiences
                                Gender
Rachmat Gobel   Komisaris       Laki-laki   61      •   International Trade         •     Komisaris PT Rukun Raharja Tbk
                Independen      Male                    Sciene, Chuo University,          (2014 - 2015).
                Independent                             Tokyo, pada tahun (1987).   •     Menteri Perdagangan Republik
                Commissioner                        •   Bachelor of International         Indonesia dalam Kabinet Kerja (27
                                                        Trade Science from Chuo           Oktober 2014 - 12 Agustus 2015).
                                                        University, Tokyo (1987).   •     Komisaris PT Indosat Tbk (2008
                                                                                          - 2014).
                                                                                    •     Komisaris PT Smart Tbk (2004 -
                                                                                          2014).
                                                                                    •     Commissioner of PT Rukun
                                                                                          Raharja Tbk (2014 - 2015).
                                                                                    •     Minister of Trade of the Republic
                                                                                          of Indonesia in the Working
                                                                                          Cabinet (October 27, 2014 - August
                                                                                          12, 2015).
                                                                                    •     Commissioner of PT Indosat Tbk
                                                                                          (2008 - 2014).
                                                                                    •     Commissioner of PT Smart Tbk
                                                                                          (2004 - 2014).

Orias Petrus    Komisaris       Laki-laki   56      •   Sarjana Ekonomi Jurusan     •     Managing Director, Head of Indonesia
Moedak          Independen      Male                    Akuntansi Universitas             Coverage Daiwa Capital Markets
                Independent                             Padjajaran tahun 1990.            Singapore Limited (2010-2014).
                Commissioner                        •   Bachelor of Economics       •     Chairman PT Rumah Sakit Pelabuhan
                                                        in Accounting from                (2015-2016).
                                                        Universitas Padjajaran in   •     Chief Financial Officer PT Pelabuhan
                                                        1990.                             Indonesia II (Persero) (2014-2016).
                                                                                    •     Chairman PT Berlian Jasa Terminal
                                                                                          Indonesia (2017).
                                                                                    •     Chief Executive Officer PT Pelabuhan
                                                                                          Indonesia III (Persero) (Mei 2016-2017).
                                                                                    •     Chairman PT Bukit Asam Transpacific
                                                                                          Railways (Agustus 2017-April 2018).
                                                                                    •     Chief Financial Office PT Bukit Asam,
                                                                                          Tbk (April 2017-April 2018).
                                                                                    •     Chief Financial Officer PT Indonesia
                                                                                          Asahan Aluminium (Persero) (April
                                                                                          2018-Desember 2018).
                                                                                    •     EVP and Deputy CEO PT Freeport
                                                                                          Indonesia (Desember 2018-November
                                                                                          2019).
                                                                                    •     Group CEO Mining Industry Indonesia
                                                                                          (MIND ID) (November 2019-Oktober
                                                                                          2021).
                                                                                    •     Managing Director, Head of
                                                                                          Indonesia Coverage at Daiwa
                                                                                          Capital Markets Singapore
                                                                                          Limited (2010-2014).
                                                                                    •     Chairman of PT Rumah Sakit
                                                                                          Pelabuhan (2015-2016).
                                                                                    •     Chief Financial Officer of PT
                                                                                          Pelabuhan Indonesia II (Persero)
                                                                                          (2014-2016).
                                                                                    •     Chairman of PT Berlian Jasa
                                                                                          Terminal Indonesia (2017).
                                                                                    •     Chief Executive Officer of PT
                                                                                          Pelabuhan Indonesia III (Persero)
                                                                                          (May 2016-2017).
                                                                                    •     Chairman of PT Bukit Asam
                                                                                          Transpacific Railways (August
                                                                                          2017-April 2018).
                                                                                    •     Chief Financial Officer of PT Bukit
                                                                                          Asam, Tbk (April 2017-April 2018).
                                                                                    •     Chief Financial Officer of PT
                                                                                          Indonesia Asahan Aluminium
                                                                                          (Persero) (April 2018-December
                                                                                          2018).
                                                                                    •     EVP and Deputy CEO of PT
                                                                                          Freeport Indonesia (December
                                                                                          2018-November 2019).
                                                                                    •     Group CEO of Mining Industry
                                                                                          Indonesia (MIND ID) (November
                                                                                          2019-October 2021).




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                                            Jenis
 Nama                     Jabatan                      Usia           Pendidikan                  Pengalaman Kerja Sebelumnya
                                           Kelamin
 Name                     Position                     Age            Education                     Previous Work Experiences
                                           Gender
 D. Andhi Nirwanto    Komisaris            Laki-laki   68     •   Sarjana Hukum               •     Kepala Kejaksaan Tinggi
                      Independen           Male                   Universitas 17 Agustus            Kalimantan Timur (2006-2008).
                      Independent                                 1945, Semarang tahun        •     Kepala Kejaksaan Tinggi DKI
                      Commissioner                                1979.                             Jakarta (2008-2009).
                                                              •   Magister Manajemen          •     Ses Jaksa Agung Muda Tindak
                                                                  Institut Bisnis dan               Pidana Khusus (2009-2011).
                                                                  Informatika Indonesia,      •     Jaksa Agung Muda Tindak Pidana
                                                                  Jakarta tahun 1998.               Khusus (2011-2013).
                                                              •   Doktor Ilmu Hukum           •     Wakil Jaksa Agung RI/Ketua Tim
                                                                  Universitas Padjadjaran,          Pemburu Koruptor (2013-2016).
                                                                  Bandung tahun 2015.         •     PLT Jaksa Agung RI (Oktober
                                                              •   Bachelor of Law from 17           2014-Nopember 2014).
                                                                  August 1945 University,     •     Komisaris PT Pelabuhan Indonesia
                                                                  Semarang in 1979.                 II (2017-2021).
                                                              •   Master of Management        •     Head of East Kalimantan High
                                                                  from Indonesian                   Prosecutor’s Office (2006-2008).
                                                                  Institute of Business and   •     Head of DKI Jakarta High
                                                                  Informatics, Jakarta, in          Prosecutor’s Office (2008-2009).
                                                                  1998.                       •     Secretary to Deputy Attorney
                                                              •   Doctoral of Law                   General for Special Crimes (2009-
                                                                  Padjadjaran University,           2011).
                                                                  Bandung, in 2015.           •     Deputy Attorney General for
                                                                                                    Special Crimes (2011-2013).
                                                                                              •     Deputy Attorney General of the
                                                                                                    Republic of Indonesia/Chairman
                                                                                                    of the Corruption Eradication Task
                                                                                                    Force (2013-2016).
                                                                                              •     Acting Attorney General of the
                                                                                                    Republic of Indonesia (October
                                                                                                    2014-November 2014).
                                                                                              •     Commissioner of PT Pelabuhan
                                                                                                    Indonesia II (2017-2021).

 Direksi
 Board of Directors

 Djauhar Maulidi      Direktur Utama       Laki-laki   54     •   MBA di bidang Energi        •     Komisaris PT Raharja Energi Cepu
                      President Director   Male                   dari Sekolah Bisnis               (2018 - 2019).
                                                                  Manajemen, Institut         •     Direktur Finance & Administration
                                                                  Teknologi Bandung, Jawa           di PT Rukun Raharja Tbk (2011-
                                                                  Barat pada tahun 2010.            2017).
                                                              •   Sarjana Ekonomi di          •     Presiden Direktur PT Triguna
                                                                  bidang International              Internusa Pratama (2010 - 2017).
                                                                  Trade and Economics dari    •     Presiden Direktur PT Toha Sittah
                                                                  Universitas Padjajaran,           Salam (2009-2019).
                                                                  Bandung, Jawa Barat pada    •     Direktur Finance & Business
                                                                  tahun 1993.                       Development di PT Bumi Hasta
                                                              •   MBA in Energy from                Mukti (2006 - 2009).
                                                                  the School of Business      •     Corporate Banking Head di
                                                                  Management, Institut              Sumitomo Mitsul Banking
                                                                  Teknologi Bandung, West           Corporate Indonesia (1993 - 2006).
                                                                  Java in 2010.               •     Commissioner at PT Raharja
                                                              •   Bachelor of Economics             Energi Cepu (2018 - 2019).
                                                                  majoring in International   •     Finance & Administration Director
                                                                  Trade and Economics from          at PT Rukun Raharja Tbk (2011-
                                                                  Padjajaran University,            2017).
                                                                  Bandung, West Java in       •     President Director at PT Triguna
                                                                  1993.                             Internusa Pratama (2010 - 2017).
                                                                                              •     President Director at PT Toha
                                                                                                    Sittah Salam (2009-2019).
                                                                                              •     Finance & Business Development
                                                                                                    Director at PT Bumi Hasta Mukti
                                                                                                    (2006 - 2009).
                                                                                              •     Corporate Banking Head at
                                                                                                    Sumitomo Mitsul Banking
                                                                                                    Corporate Indonesia (1993 - 2006).




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                                             TATA KELOLA PERUSAHAAN
                                             CORPORATE GOVERNANCE




                                  Jenis
Nama                 Jabatan                  Usia            Pendidikan                    Pengalaman Kerja Sebelumnya
                                 Kelamin
Name                 Position                 Age             Education                       Previous Work Experiences
                                 Gender
M. Oka Lesmana   Direktur        Laki-laki   51      •    Sarjana Ekonomi bidang        •     Director dan Chief Financial
Firdauzi         Director        Male                     Akuntansi, Universitas              Officer di Volvo Group Indonesia
                                                          Trisakti, Jakarta (1996).           (2014-2016).
                                                     •    Bachelor of Economics         •     Financial Controller di PT Trakindo
                                                          in Accounting, Trisakti             Utama (2010-2014).
                                                          University, Jakarta (1996).   •     Financial Controller di PT Luxindo
                                                                                              Raya (2008-2010).
                                                                                        •     Management Controller PT ICI
                                                                                              Paints Indonesia (2004-2008).
                                                                                        •     Accounting Manager PT L’Oreal
                                                                                              Indonesia (2003-2004).
                                                                                        •     Senior Assocate di
                                                                                              Pricewaterhouse Coopers (1996-
                                                                                              2003).
                                                                                        •     Director and Chief Financial
                                                                                              Officer at Volvo Group Indonesia
                                                                                              (2014-2016).
                                                                                        •     Financial Controller at PT Trakindo
                                                                                              Utama (2010-2014).
                                                                                        •     Financial Controller at PT Luxindo
                                                                                              Raya (2008-2010).
                                                                                        •     Management Controller at PT ICI
                                                                                              Paints Indonesia (2004-2008).
                                                                                        •     Accounting Manager at PT L’Oreal
                                                                                              Indonesia (2003-2004).
                                                                                        •     Senior Associate at
                                                                                              PricewaterhouseCoopers (1996-
                                                                                              2003).

Sumantri         Direktur        Laki-laki   47      •    Sarjana Ekonomi,              •     Komisaris di PT IPC Terminal
                 Director        Male                     Universitas Indonesia               Petikemas
                                                          (2002).                             (2019 - 2020).
                                                     •    Bachelor of Economics,        •     Advisor di PT Usahatama Mandiri
                                                          University of Indonesia             Nusantara (2015 - 2020).
                                                          (2002).                       •     Direktur Keuangan PT Sarana
                                                                                              Patra Hulu Cepu (BUMD Provinsi
                                                                                              Jawa Tengah) (2015 - 2016).
                                                                                        •     Chief Corporate Affairs Officer
                                                                                              PT Karya Bumi Baratama (2012
                                                                                              - 2014).
                                                                                        •     Komisaris Independen PT BRI
                                                                                              Multi Finance (2020-2023).
                                                                                        •     Commissioner at PT IPC Terminal
                                                                                              Petikemas (2019 - 2020).
                                                                                        •     Advisor at PT Usahatama Mandiri
                                                                                              Nusantara (2015 - 2020).
                                                                                        •     Finance Director of PT Sarana
                                                                                              Patra Hulu Cepu (BUMD Provinsi
                                                                                              Jawa Tengah) (2012 - 2014).
                                                                                        •     Chief Corporate Affairs Officer
                                                                                              of PT Karya Bumi Baratama (2012
                                                                                              - 2014).
                                                                                        •     Independent Commissioner of PT
                                                                                              BRI Multi Finance (2020-2023).




199                 Laporan Tahunan 2023                                                          PT Rukun Raharja Tbk
Page 200
                               Jenis
 Nama              Jabatan                Usia           Pendidikan                    Pengalaman Kerja Sebelumnya
                              Kelamin
 Name              Position               Age            Education                       Previous Work Experiences
                              Gender
 Ogi Rulino    Direktur       Laki-laki   55     •   Fakultas Teknik Mesin         •     Direktur Strategi & Komersial
               Director       Male                   dan Dirgantara Institut             di Pelindo Multi Terminal (2021-
                                                     Teknologi Bandung                   2023).
                                                     dengan jurusan Teknik         •     Direktur Transformasi dan
                                                     Mesin.                              Pengembangan Usaha di PT
                                                 •   Bachelor of Science                 Pelabuhan Indonesia II (Persero)
                                                     (B.Sc), jurusan Teknologi           (2019-2021).
                                                     Informatika (IT),             •     Direktur Logistik &
                                                     University of Electro-              Pengembangan Usaha di PT
                                                     Communications, Tokyo.              Krakatau Steel (Persero) Tbk
                                                 •   Master of Engineering               (2018- 2019).
                                                     (M. Eng), jurusan             •     Direktur Logistik di PT Krakatau
                                                     Teknologi Informatika (IT),         Steel (Persero) Tbk (2015-2018).
                                                     University of Electro-        •     Sebelumnya beliau juga pernah
                                                     Communications, Tokyo.              bekerja di beberapa Perusahaan
                                                 •   Faculty of Mechanical               lainnya, termasuk PT Nusantara
                                                     Aerospace Engineering,              Infrastructure Tbk, PT Mitsui OSK
                                                     Institut Teknologi                  Lines Indonesia, PT Inter Admark
                                                     Bandung with major in               Dentsu dan Mitsui & Co. Ltd.
                                                     Mechanical Engineering .      •     Strategy and Commercial Director
                                                 •   Bachelor of Science                 at PT Pelindo Multi Terminal
                                                     (B.Sc) degree majoring in           (2021-2023).
                                                     Information Technology        •     Transformation and Business
                                                     (IT) from the University of         Development Director at PT
                                                     Electro-Communications,             Pelabuhan Indonesia II (Persero)
                                                     Tokyo.                              (2019-2021).
                                                 •   Master of Engineering         •     Logistics & Business Development
                                                     (M. Eng), majoring in               Director at PT Krakatau Steel
                                                     Information Technology              (Persero) Tbk (20015-2018).
                                                     (IT) from the University of   •     Previously he eld positions in
                                                     Electro-Communications,             various other companies, including
                                                     Tokyo.                              PT Nusantara Infrastructure Tbk,
                                                                                         PT Mitsui OSK Lines Indonesia, PT
                                                                                         Inter Admark Dentsu and Mitsui
                                                                                         & Co. Ltd.




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Page 201
                                                    TATA KELOLA PERUSAHAAN
                                                    CORPORATE GOVERNANCE




RANGKAP JABATAN                                                     CONCURRENT POSITIONS

Dalam mencegah terjadinya benturan kepentingan,                     To prevent conflicts of interest, the Company requires
maka Perusahaan mewajibkan anggota Dewan Komisaris                  members of the Board of Commissioners and Board
dan Direksi untuk mengungkapkan rangkap jabatan                     of Directors to disclose concurrent positions updated
yang diperbarui setiap tahunnya yang meliputi rangkap               annually, including concurrent positions in the parent
jabatan pada induk Perusahaan, Anak Perusahaan dan                  company, subsidiaries, and other companies for posi-
Perusahaan lain untuk jabatan sebagai anggota Direksi               tions as members of the Board of Directors or Board of
atau Dewan Komisaris atau Komite.                                   Commissioners or Committees.



Rangkap Jabatan Dewan Komisaris dan Direksi
Concurrent Positions of the Board of Commissioners and Board of Directors

 Nama                     Jabatan        Rangkap Jabatan Pada Perusahaan        Rangkap Jabatan Pada Perusahaan lain/Instansi lain
 Name                     Position      Concurrent Positions in the Company   Concurrent Positions in Other Companies/Other Agencies

 Dewan Komisaris
 Board of Commissioners

 Rudiantara           Komisaris Utama   -                                     •    Komisaris PT Indosat Ooredoo Hutchison Tbk (sejak
                      President                                                    2022).
                      Commissioner                                            •    Komisaris PT Vale Indonesia Tbk (sejak 2020).
                                                                              •    Komisaris Utama PT Amartha Nusantara Raya (sejak
                                                                                   2022).
                                                                              •    Komisaris Utama PT Kitabisa Indonesia (sejak
                                                                                   2023).
                                                                              •    Commissioner of PT Indosat Ooredoo Hutchison
                                                                                   Tbk (since 2022).
                                                                              •    Commissioner of PT Vale Indonesia Tbk (since
                                                                                   2020).
                                                                              •    President Commissioner PT Amartha Nusantara
                                                                                   Raya (since 2022).
                                                                              •    President Commissioner PT Kitabisa Indonesia
                                                                                   (since 2023).

 M. Arsjad Rasjid     Komisaris         •   Anggota Komite Nominasi,          •    Ketua Umum Kamar Dagang dan Industri
 PM                   Commissioner          Remunerasi dan GCG (sejak              Indonesia (KADIN Indonesia) (2021 - 2026).
                                            2015)                             •    Presiden Komisaris PT Indika Infrastruktur
                                        •   Member of the Nomination,              Investindo (sejak Juni 2020).
                                            Remuneration, and GCG             •    Komisaris PT Indika Inti Corpindo (sejak Juni 2020).
                                            Committee (since 2015)            •    Komisaris PT Grab Teknologi Indonesia
                                                                                   (sejak 2020).
                                                                              •    Presiden Komisaris PT Indika Multi Properti
                                                                                   (sejak Oktober 2019).
                                                                              •    Komisaris Kideco (sejak Februari 2017).
                                                                              •    Chairman Indika Foundation (sejak 2017).
                                                                              •    Komisaris PT Indika Energy Infrastructure
                                                                                   (sejak Desember 2016).
                                                                              •    Direktur Utama PT Indika Energy Tbk
                                                                                   (sejak 2016).
                                                                              •    Anggota Komite Nominasi, Remunerasi dan GCG PT
                                                                                   Rukun Raharja Tbk (sejak 2015).
                                                                              •    Chairman of the Indonesian Chamber of Commerce
                                                                                   and Industry (KADIN Indonesia) (2021 - 2026).
                                                                              •    President Commissioner of PT Indika Infrastruktur
                                                                                   Investindo (since June 2020).
                                                                              •    Commissioner of PT Indika Inti Corpindo (since June
                                                                                   2020).
                                                                              •    Commissioner of PT Grab Teknologi Indonesia
                                                                                   (since 2020).
                                                                              •    President Commissioner of PT Indika Multi
                                                                                   Properti (since October 2019).
                                                                              •    Commissioner of Kideco (since February 2017).
                                                                              •    Chairman of the Indika Foundation (since 2017).
                                                                              •    Commissioner of PT Indika Energy Infrastructure
                                                                                   (since December 2016).
                                                                              •    President Director of PT Indika Energy Tbk (since
                                                                                   2016).
                                                                              •    Member of the Nomination, Remuneration, and GCG
                                                                                   Committee of PT Rukun Raharja Tbk
                                                                                   (since 2015).

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Page 202
 Nama                    Jabatan        Rangkap Jabatan Pada Perusahaan        Rangkap Jabatan Pada Perusahaan lain/Instansi lain
 Name                    Position      Concurrent Positions in the Company   Concurrent Positions in Other Companies/Other Agencies

 Rachmat Gobel        Komisaris        Ketua Komite Audit dan Komite         •    Wakil Ketua Dewan Perwakilan Rakyat Republik
                      Independen       Nominasi, Remunerasi, dan GCG              Indonesia (sejak 2019).
                      Independent      Chairman of the Audit Committee       •    Anggota Direksi dan Dewan Komisaris, kelompok
                      Commissioner     and the Nomination, Remuneration,          usaha PT Global Panasonic (sejak 1994).
                                       and GCG Committee                     •    Vice Chairman of the House of Representatives of
                                                                                  the Republic of Indonesia (since 2019).
                                                                             •    Member of the Board of Directors and Board of
                                                                                  Commissioners of PT Global Panasonic business
                                                                                  group (since 1994).


 Orias Petrus         Komisaris        -                                     -
 Moedak               Independen
                      Independent
                      Commissioner

 D. Andhi Nirwanto    Komisaris        -                                     •    Ketua Dewan Pengawas PPSN / Pusat Pengkajian
                      Independen                                                  Strategi Nasional (2016-sekarang).
                      Independent                                            •    Penasihat Ahli Kepala SKK Migas
                      Commissioner                                                (2020-sekarang).
                                                                             •    Dewan Penasihat Alumni UNTAG Semarang
                                                                                  (2021-sekarang).
                                                                             •    Dewan Pakar KBPA / Keluarga Besar Purna
                                                                                  Adhyaksa (2021-sekarang).
                                                                             •    Partner pada Kantor Hukum KBPA (Januari
                                                                                  2023-sekarang).
                                                                             •    Komisaris utama PT Pupuk Kaltim (2024-sekarang)
                                                                             •    Chairman of the Supervisory Board of PPSN /
                                                                                  National Strategy Study Center (2016-present).
                                                                             •    Expert Advisor to the Head of SKK Migas
                                                                                  (2020-present).
                                                                             •    Advisory Board of UNTAG Semarang Alumni
                                                                                  Association (2021-present).
                                                                             •    Advisory Board of KBPA / Family of Retired
                                                                                  Prosecutors (2021-present).
                                                                             •    Partner at KBPA Law Firm (January 2023-present).
                                                                             •    President Commissioner of PT Pupuk Kaltim
                                                                                  (2024-present)

 Direksi
 Board of Directors

 Djauhar Maulidi      Direktur Utama   -                                     •    Presiden Komisaris di PT Energasindo Heksa Karya
                      President                                                   (2017-sekarang).
                      Director                                               •    Presiden Komisaris di PT Triguna Internusa Pratama
                                                                                  (2017-sekarang).
                                                                             •    Direktur di PT Sentosa Bersama Mitra
                                                                                  (2015-sekarang).
                                                                             •    President Commissioner at PT Energasindo Heksa
                                                                                  Karya (2017-present).
                                                                             •    President Commissioner at PT Triguna Internusa
                                                                                  Pratama 2017-present).
                                                                             •    Director at PT Sentosa Bersama Mitra
                                                                                  (2015-present).




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Page 203
                                             TATA KELOLA PERUSAHAAN
                                             CORPORATE GOVERNANCE




Nama                 Jabatan      Rangkap Jabatan Pada Perusahaan        Rangkap Jabatan Pada Perusahaan lain/Instansi lain
Name                 Position    Concurrent Positions in the Company   Concurrent Positions in Other Companies/Other Agencies

M. Oka Lesmana   Direktur       -                                      •    Presiden Direktur di PT Panji Raya Alamindo (2017
Firdauzi         Director                                                   -sekarang).
                                                                       •    Komisaris di PT Petrogas Jatim Utama Utama
                                                                            Cendana (2018-sekarang).
                                                                       •    Komisaris di PT Raharja Energi Cepu (2019-
                                                                            sekarang).
                                                                       •    Presiden Komisaris di PT Heksa Energi Mitraniaga
                                                                            (2020-2023).
                                                                       •    Komisaris di PT Bravo Delta Persada (2020-
                                                                            sekarang).
                                                                       •    Presiden Director at PT Panji Raya Alamindo
                                                                            (2017-present).
                                                                       •    Commissioner at PT Petrogas Jatim Utama Utama
                                                                            Cendana (2018-present).
                                                                       •    Commissioner at PT Raharja Energi Cepu
                                                                            (2019-present).
                                                                       •    President Commissioner at PT Heksa Energi
                                                                            Mitraniaga (2020-2023).
                                                                       •    Commissioner at PT Bravo Delta Persada (2020
                                                                            -present).

Sumantri         Direktur       -                                      •    Komisaris di PT Panji Raya Alamindo (2021
                 Director                                                   -sekarang).
                                                                       •    Komisaris di PT Prima Energi Raharja
                                                                            (2021-sekarang).
                                                                       •    Komisaris di PT Sirius Surya Sentosa (2019
                                                                            -sekarang).
                                                                       •    Commissioner at PT Panji Raya Alamindo (2021
                                                                            -present).
                                                                       •    Commissioner at PT Prima Energi Raharja (2021
                                                                            -present).
                                                                       •    Commissioner at PT Sirius Surya Sentosa (2019
                                                                            -present).

Ogi Rulino       Direktur       -                                      •    Komisaris Utama PT Petrotech Pentanusa
                 Director                                                   (2023-sekarang).
                                                                       •    Komisaris Utama PT Pelabuhan Tanjung Priok
                                                                            (Pelindo Group) (2020-sekarang).
                                                                       •    President Commissioner at PT Petrotech Pentanusa
                                                                            (2023-present).
                                                                       •    President Commissioner at PT Pelabuhan Tanjung
                                                                            Priok (Pelindo Group) (2020-present).




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Page 204
BENTURAN KEPENTINGAN                                        CONFLICT OF INTEREST

Dalam pengambilan keputusan, Dewan Komisaris dan            In making decisions, the Board of Commissioners and the
Direksi memastikan bahwa keputusan tersebut adalah          Board of Directors ensure that the decisions are in the
untuk kepentingan Perusahaan dan tidak mengandung           Company’s best interests and do not involve any conflicts
benturan kepentingan atau tekanan dari pihak terkait        of interest or pressure from any related parties.
manapun.

Apabila terdapat anggota Dewan Komisaris dan Direksi        If any member of the Board of Commissioners and the
yang memiliki benturan kepentingan atas transaksi           Board of Directors has a conflict of interest regarding
Perusahaan, maka Dewan Komisaris dan Direksi yang           Company transactions, then the concerned member
bersangkutan tidak dapat diikutsertakan dalam proses        cannot participate in the decision-making process. In
pengambilan keputusan. Pada tahun 2023, tidak terdapat      2023, there were no conflicts of interest.
benturan kepentingan.




ORGAN PENDUKUNG DAN KOMITE-KOMITE DI
BAWAH DEWAN KOMISARIS
SUPPORTING ORGANS AND COMMITTEES UNDER THE BOARD
OF COMMISSIONERS

Dalam menjalankan tugasnya, Dewan Komisaris dibantu         In carrying out its duties, the Board of Commissioners is
oleh organ pendukung, yaitu: Komite Audit, Komite           assisted by supporting organs, namely the Audit Committee,
Nominasi, Remunerasi, dan GCG. Yang diuraikan sebagai       the Nomination, Remuneration, and GCG Committee. As
berikut:                                                    outlined below:

KOMITE AUDIT                                                AUDIT COMMITTEE

Perseroan membentuk Komite Audit dengan maksud              The Company forms an Audit Committee with the aim of
untuk mendukung Dewan Komisaris dalam mengawasi             supporting the Board of Commissioners in overseeing the
Direksi. Tujuannya agar pengelolaan Perseroan selalu        Board of Directors. The aim is to ensure that the Company’s
sesuai dengan prinsip-prinsip GCG. Pembentukan Komite       management always adheres to GCG principles. The Audit
Audit diharapkan dapat mendorong terciptanya sistem         Committee’s establishment is expected to encourage the
pengendalian internal, manajemen risiko yang kuat, dan      creation of internal control systems, strong risk manage-
transparansi dalam pelaporan keuangan.                      ment, and transparency in financial reporting.



Komposisi                                                   Composition

Surat Keputusan Dewan Komisaris No. RR/DEKOM/29.107/        Board of Commissioners Decree No. RR/DEKOM/29.107/
IX/2022 tanggal 29 Agustus 2022 mengatur perubahan          IX/2022, dated August 29, 2022, regulates changes in the
komposisi Komite Audit. Surat Keputusan ini merinci dasar   composition of the Audit Committee. This Decree details
pengangkatan dan lamanya masa jabatan berdasarkan           the basis of appointment and the duration of the term of
hasil evaluasi dari Dewan Komisaris. Anggota Komite         office based on evaluations by the Board of Commissioners.
Audit telah memenuhi kualifikasi yang telah ditetapkan      Audit Committee members have met the qualifications
oleh Perseroan.                                             set by the Company.




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Page 205
                                                  TATA KELOLA PERUSAHAAN
                                                  CORPORATE GOVERNANCE




Komposisi dan Profil Komite Audit
Audit Committee Composition and Profile

 Nama                                            Jabatan
 Name                                            Position

                                                 Ketua
 Rachmat Gobel
                                                 Chairman

                                                 Anggota
 Budi Taufik Wibawa
                                                 Member

                                                 Anggota
 Aryo Wibisono
                                                 Member




Profil                                                            Profile




 Rachmat Gobel
 Ketua
 Chairman


 Profil Ketua Komite Audit dapat dilihat pada bagian        The profile of the Chairman of the Audit Committee can be
 Profil Dewan Komisaris dalam bab Profil Perusahaan.        seen in the Board of Commissioners Profile section in the
 Periode menjabat sebagai Ketua Komite Audit                Company Profile chapter. Term of office as Chairman of the
 2022- sekarang.                                            Audit Committee 2022-present.




 Budi Taufik Wibawa
 Anggota
 Member

 Warga Negara Indonesia, berdomisili di Bekasi, Saat ini     Indonesian citizen, domiciled in Bekasi, currently 57 years old.
 berusia 57 tahun.

 Dasar Hukum          Surat Keputusan Dewan Komisaris No. RR/               Board of Commissioners Decree No. RR/
 Pengangkatan         DEKOM/29.107/IX/2022 tanggal 29 Agustus               DEKOM/29.107/IX/2022 dated August 29, 2022
 Legal Basis of       2022
 Appointment


 Pendidikan           Beliau meraih gelar Magister Akuntansi dari           He earned a Master's degree in Accounting from
 Education            Universitas Muhammadiyah Jakarta pada tahun           the University of Muhammadiyah Jakarta in 2007.
                      2007.


 Pengalaman           Anggota Komite Audit, PT Jamkrida Jakarta             Member of the Audit Committee of PT Jamkrida
 Kerja                2017­-2020                                            Jakarta 2017-2020
 Work Experiences     Anggota Komite Audit, PT Penjamin Infrastruktur       Member of the Audit Committee of PT Penjamin
                      Indonesia (Persero) 2013-2016                         Infrastruktur Indonesia (Persero) 2013-2016
                      Anggota Komite Audit, PT Sucofindo (Persero)          Member of the Audit Committee of PT Sucofindo
                      2000-­2008                                            (Persero) 2000-2008

 Rangkap Jabatan      Pemimpin Rekan, KAP Husni, Wibawa & Rekan             Senior Partner at KAP Husni, Wibawa & Partners
 Concurrent           (sejak 2020)                                          (since 2020)
 Positions

 Periode Menjabat     2022- sekarang                                        2022-present
 Term of Office




205                     Laporan Tahunan 2023                                                        PT Rukun Raharja Tbk
Page 206
 Aryo Wibisono
 Anggota
 Member

 Warga Negara Indonesia, berdomisili di Jakarta. Saat   Indonesian citizen, domiciled in Jakarta, currently 37 years old.
 ini berusia 37 tahun.

 Dasar Hukum          Surat Keputusan Dewan Komisaris No. 002/             Board of Commissioners Decree No. 002/DEKOM
 Pengangkatan         DEKOM RR/X/2011 tanggal 21 Oktober 2011              RR/X/2011 dated October 21, 2011 (2011-ended
 Legal Basis of       (2011-berakhir berdasarkan hasil evaluasi dari       based on the Board of Commissioners evaluation
 Appointment          Dewan Komisaris).                                    results).



 Pendidikan           Beliau meraih gelar Sarjana Ekonomi dari             He earned a Bachelor's degree in Economics from
 Education            Universitas Indonesia.                               the University of Indonesia.


 Pengalaman Kerja     Berkarier di berbagai kantor akuntan publik          He has worked in various public accounting firms
 Work Experiences     (2006-­2008).                                        (2006-2008).


 Rangkap Jabatan      Partner KAP Hertanto, Sidik & Indra (sejak 2008).    Partner at KAP Hertanto, Sidik & Indra (since
 Concurrent                                                                2008).
 Positions

 Periode Menjabat     2011 -sekarang                                       2011-present
 Term of Office




Independensi                                                      Independence

Komite Audit dijamin independensinya oleh Perusahaan,             The Audit Committee’s independence is guaranteed by
sebagaimana yang ditunjukkan dalam tabel pemenuhan                the Company, as demonstrated in the following table of
aspek independensi berikut ini:                                   compliance with independence aspects:



Independensi Komite Audit
Audit Committee Independence


                                                                                   Rachmat        Budi Taufik        Aryo
                             Aspek Independensi                                     Gobel          Wibawa           Wibisono
                            Independence Aspects                                    Ketua           Anggota
                                                                                                                     Anggota
                                                                                   Chairman         Member
                                                                                                                     Member

 Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan Direksi.
 Does not have financial relationships with the Board of Commissioners and             √               √                    √
 the Board of Directors.

 Tidak memiliki hubungan kepengurusan dengan Pemegang Saham, Entitas
 Anak, maupun perusahaan afiliasi.
                                                                                       √               √                    √
 Does not have management relationships with shareholders, subsidiaries, or
 affiliated companies.

 Tidak memiliki hubungan kepemilikan saham di Perseroan.
                                                                                       √               √                    √
 Does not have ownership of shares in the Company.

 Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi dan/atau
 sesama anggota Komite Audit.
                                                                                       √               √                    √
 Does not have family relationships with the Board of Commissioners, the
 Board of Directors, and/or other Audit Committee members.




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Page 207
                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




Piagam                                                       Charter

Adapun Piagam Komite Audit telah disusun oleh Perseroan.     The Company has prepared the Audit Committee Charter.
Piagam ini merujuk pada Peraturan Otoritas Jasa              This Charter refers to Financial Services Authority
Keuangan No. 55/POJK.04/2015 tentang Pembentukan             Regulation No. 55/POJK.04/2015 concerning the
dan Pelaksanaan Kerja Komite Audit.                          Establishment and Work Implementation of the Audit
                                                             Committees.

Tugas, Tanggung Jawab dan wewenang                           Duties, Responsibilities, and Authorities

Berdasarkan Piagam Komite Audit, tugas dan tanggung          Based on the Audit Committee Charter, the main duties
jawab utama Komite Audit dapat dijabarkan sebagai            and responsibilities of the Audit Committee can be
berikut:                                                     outlined as follows:
•   Mengkaji Laporan Keuangan Perseroan.                     •    Reviewing the Company’s Financial Statements.
•   Mengkaji konsistensi Perseroan terhadap peraturan        •    Reviewing the Company’s consistency with applicable
    dan perundangan-undangan yang berlaku.                        laws and regulations.
•   Melakukan penelaahan efektivitas pengendalian            •    Conducting an assessment of the effectiveness of the
    internal dan pengelolaan risiko Perseroan.                    Company’s internal controls and risk management.
•   Membantu Dewan Komisaris dalam menyeleksi                •    Assisting the Board of Commissioners in selecting
    akuntan publik.                                               public accountants.
•   Melakukan penelaahan atas kecukupan pemeriksaan          •    Reviewing the adequacy of the audits conducted by
    yang dilakukan akuntan publik.                                public accountants.

Dalam menunjang pelaksanaan tugas dan tanggung               To support the implementation of duties and responsibilities,
jawab, Komite Audit memiliki wewenang sebagai berikut:       the Audit Committee has the following authorities:
•   Memiliki akses penuh terhadap semua Laporan              •    Having full access to all Financial Statements, internal
    Keuangan, temuan audit internal, serta risalah rapat          audit findings, and minutes of Board of Directors
    Direksi;                                                      meetings;
•   Berhak untuk berkomunikasi langsung dengan               •    Entitled to communicate directly with employees
    karyawan dan pihak-pihak yang terkait dengan                  and parties involved in risk management and internal
    pengelolaan risiko dan pengendalian internal; dan             control; and
•   Melaksanakan rapat bersama manajemen, audit              •    Conducting meetings with management, internal
    internal dan audit eksternal.                                 auditors, and external auditors.

Pengembangan Kompetensi                                      Competency Development

Perseroan memberikan fasilitas berupa program pengem-        The Company provides facilities in the form of competency
bangan kompetensi bagi anggota Komite Audit, baik            development programs for members of the Audit
berupa pelatihan, seminar, konferensi, dan workshop,         Committee, including training, seminars, conferences,
agar dapat meningkatkan wawasan terkait dunia usaha          and workshops to enhance insights into current business
dan fenomena terkini. Program tersebut dilaksanakan          trends and phenomena. These programs are implemented
sesuai dengan rencana pelaksanaan program pengem-            according to the competency development program plan
bangan kompetensi yang dimuat pada Rencana Kerja dan         outlined in the Audit Committee’s Work Plan and Budget.
Anggaran Komite Audit. Pada tahun 2023, pengembangan         In 2023, the competency development of the Company’s
kompetensi Komite Audit Perseroan dilaksanakan secara        Audit Committee was carried out independently through
mandiri melalui media buku dan informasi digital.            books and digital information.




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Kebijakan dan Pelaksanaan Rapat                             Meeting Policy and Implementation

Kebijakan rapat komite audit tercantum dalam Piagam         The audit committee meeting policy is stated in the Audit
Komite Audit. Rapat Komite Audit wajib diselenggarakan      Committee Charter. Audit Committee meetings must be
setidaknya 4 kali dalam setahun. Sepanjang 2023, Komite     held at least 4 times a year. Throughout 2023, the Audit
Audit telah melaksanakan rapat sebanyak 4 (empat) kali      Committee has held 4 (four) meetings with the attendance
dengan tingkat kehadiran sebagai berikut.                   rate as follows.



Kehadiran Rapat Komite Audit
Attendance at Audit Committee Meetings


            Nama                          Jabatan                 Jumlah Rapat                Kehadiran Rapat
            Name                          Position              Number of Meetings           Meeting Attendance

                               Ketua
 Djauhar Maulidi
                               Chairman
                                                                         4                            4

                               Anggota
 M. Oka Lesmana Firdauzi
                               Member
                                                                         4                            4

                               Anggota
 Aryo Wibisono
                               Member
                                                                         4                            4



Laporan Pelaksanaan Tugas                                   Duties Implementation Report

Setelah melaksanakan tugas dan tanggung jawab               After carrying out the audit duties and responsibilities,
audit, Komite Audit akan melaporkan pekerjaannya            the Audit Committee will report its work to the Board of
kepada Dewan Komisaris. Adapun mekanisme Laporan            Commissioners. The Company specifically regulated the
Pelaksanaan Tugas diatur oleh Perseroan secara lebih        mechanism for reporting the implementation of duties.
spesifik.

Pelaksanaan tugas Komite Audit sepanjang tahun 2023         The implementation of the Audit Committee’s duties
adalah sebagai berikit:                                     throughout 2023 is as follows:
1. Mengkaji Laporan Keuangan Triwulanan dan Tahunan         1. Reviewed the Company’s Quarterly and Annual
    Perseroan tahun buku 2023 serta telah memberikan            Financial Statements for the 2023 fiscal year and
    masukan secara profesional kepada Unit Internal Audit       has provided professional input to the Internal Audit
    mengenai penyusunan Laporan Keuangan tersebut;              Unit regarding the preparation of these Financial
2. Melakukan pengawasan terhadap penerapan kegia-               Statements;
    tan usaha Perseroan agar sesuai dengan peraturan        2. Supervise the implementation of the Company’s
    dan ketentuan yang berlaku. Selain itu, Komite              business activities to comply with applicable rules
    Audit memberikan masukan mengenai pemenuhan                 and regulations. In addition, the Audit Committee
    ketentuan regulator atas setiap tindakan yang               provides input regarding compliance with regulatory
    diambil Perseroan;                                          requirements for every action taken by the Company;
3. Menjalin kerja sama dengan Unit Internal Audit dalam     3. Establish cooperation with the Internal Audit Unit
    mengawasi pelaksanaan audit di masing-masing unit.          in overseeing the implementation of audits in each
    Hasil dari pengawasan tersebut telah disampaikan            unit. The results have been submitted to the Board
    kepada Dewan Komisaris untuk pengambilan tin-               of Commissioners to take action to improve internal
    dakan penyempurnaan pengendalian internal dan               control and the implementation of risk management
    penerapan manajemen risiko yang terdapat seluruh            in all of the Company’s business activities;
    aktivitas usaha Perseroan;




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                                                TATA KELOLA PERUSAHAAN
                                                CORPORATE GOVERNANCE




4.   Membantu Dewan Komisaris untuk mengevaluasi              4.   Assist the Board of Commissioners in evaluating the
     kinerja akuntan publik serta kantor akuntan publik            performance of public accountants and public account-
     tahun 2022 sebagai bahan pertimbangan. Selanjutnya,           ing firms in 2022 for consideration. Furthermore, the
     Komite Audit memberikan rekomendasi penunjukan                Audit Committee provides recommendations for
     akuntan publik dan kantor akuntan publik tahun                the appointment of public accountants and public
     2023 dengan mempertimbangkan aspek yang diten-                accounting firms in 2023 taking into account the
     tukan regulator, khususnya Peraturan Otoritas Jasa            aspects determined by the regulator, particularly the
     Keuangan;                                                     Financial Services Authority Regulations;
5.   Menjalin kerja sama dengan Unit Internal Audit dalam     5.   Establish cooperation with the Internal Audit Unit
     mengkaji Laporan Keuangan Triwulanan dan Tahunan              in reviewing the Company’s Quarterly and Annual
     Perseroan tahun buku 2023 yang telah diaudit oleh             Financial Statements for the 2023 fiscal year which
     kantor akuntan publik yang ditunjuk Perseroan.                have been audited by a public accounting firm
                                                                   appointed by the Company.

KOMITE NOMINASI, REMUNERASI, DAN GCG                          NOMINATION, RE MUNE RATION, AND GCG
                                                              COMMITTEE

Komite Nominasi, Remunerasi, dan GCG memiliki tugas           The Nomination, Remuneration, and GCG Committee has
untuk mendukung Dewan Komisaris guna menjalankan              a duty to support the Board of Commissioners in over-
fungsi pengawasan terkait nominasi dan remunerasi             seeing the nomination and remuneration of the Board of
Dewan Komisaris dan Direksi. Pengawasan dalam pen-            Commissioners and Board of Directors. Overseeing the
erapan GCG di seluruh unit Perseroan agar berjalan            effective implementation of GCG across all company units
secara efektif juga menjadi bagian dari tugas utama           is also part of this committee’s main duties.
yang diemban Komite ini.

Komposisi                                                     Composition

Surat Keputusan Dewan Komisaris No. RR/DEKOM/29.107/          Board of Commissioners Decree No. RR/DEKOM/29.107/
IX/2022 tanggal 29 Agustus 2022 mengatur Komposisi            IX/2022, dated August 29, 2022, regulates the Composition
Komite Nominasi, Remunerasi, dan GCG. Surat Keputusan         of the Nomination, Remuneration, and GCG Committee.
juga mengatur masa jabatan yang berakhir berdasarkan          The Decree also regulates the term of office, which ends
hasil evaluasi dari Dewan Komisaris. Adapun pihak yang        based on the Board of Commissioners evaluation results.
menjadi anggota komite dipandang telah memenuhi               The individuals who become committee members are
kriteria yang ditetapkan Perseroan.                           considered to have met the criteria set by the Company.




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Komposisi dan Profil Komite Nominasi, Remunerasi, dan GCG
Composition and Profile of the Nomination, Remuneration, and GCG Committee

 Nama                                                         Jabatan
 Name                                                         Position

                                                              Ketua
 Rachmat Gobel
                                                              Chairman

                                                              Anggota
 Mohammad Arsjad Rasjid P. Mangkuningrat
                                                              Member

                                                              Anggota
 Riza Ichsan Fahriza
                                                              Member




 Rachmat Gobel
 Ketua
 Chairman

 Profil Ketua Komite Nominasi, Remunerasi, dan GCG      The profile of the Chairman of the Nomination, Remuneration,
 dapat dilihat pada bagian Profil Dewan Komisaris       and GCG Committee can be seen in the Board of Commissioners
 dalam bab Profil Perusahaan. Periode menjabat          Profile section in the Company Profile chapter. Term of office
 sebagai Ketua Komite Nominasi, Remunerasi, dan         as Chairman of the Nomination, Remuneration, and GCG
 GCG 2022- sekarang.                                    Committee 2022- now.




 Mohammad Arsjad Rasjid P. Mangkuningrat
 Anggota
 Member


 Profil Anggota Komite Nominasi, Remunerasi, dan        The profile of the Member of the Nomination, Remuneration,
 GCG dapat dilihat pada bagian Profil Dewan Komisaris   and GCG Committee can be seen in the Board of Commissioners
 dalam bab Profil Perusahaan. Periode menjabat          Profile section in the Company Profile chapter. Term of office
 sebagai Anggota Komite Nominasi, Remunerasi,           as Member of the Nomination, Remuneration, and GCG
 dan GCG 2015- sekarang.                                Committee 2015- now.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




 Riza Ichsan Fahriza
 Anggota
 Member

 Warga Negara Indonesia, berdomisili di Indonesia. Saat    Indonesian citizen, domiciled in Indonesia, currently 42 years old.
 ini berusia 42 tahun.

 Dasar Hukum         Surat Keputusan Dewan Komisaris No. 002/             Board of Commissioners Decree No. 002/ DEKOM
 Pengangkatan        DEKOM RR/VIII/2015 tanggal 15 Agustus 2015           RR/VIII/2015 dated August 15, 2015 (2015-ended
 Legal Basis of      (2015-berakhir berdasarkan hasil evaluasi dari       based on the Board of Commissioners evaluation
 Appointment         Dewan Komisaris).                                    results).




 Riza Ichsan Fahriza
 Anggota
 Member

 Pendidikan          •     Magister Hukum bidang Bisnis, Universitas      •   Master of Law in Business Law, University of
 Education                 Indonesia                                          Indonesia
                     •     Sarjana Hukum bidang Bisnis, Universitas       •   Bachelor of Law in Business Law, Trisakti
                           Trisakti                                           University

 Pengalaman          •     Corporate Affairs dan Corporate                •   Corporate Affairs and Corporate
 Kerja                     Communication PT Indika Energy Tbk (2012-          Communication of PT Indika Energy Tbk
 Work Experiences          2014)                                              (2012-2014)
                     •     Corporate Affairs dan Corporate                •   Corporate Affairs and Corporate
                           Communication PT Lion Super Indo (2011-            Communication of PT Lion Super Indo (2011-
                           2012)                                              2012)
                     •     Corporate Affairs dan Corporate                •   Corporate Affairs and Corporate
                           Communication PT Global Informasi                  Communication of PT Global Informasi
                           Bermutu (Global TV) (2005-2011)                    Bermutu (Global TV) (2005-2011)
                     •     Mid Senior Associate PT Moores Rowland         •   Mid Senior Associate of PT Moores Rowland
                           Indonesia (2004-2005)                              Indonesia (2004-2005)

 Rangkap Jabatan     •     CEO PT Indika Energy Tbk (sejak 2015)          •   CEO of PT Indika Energy Tbk (since 2015)
 Concurrent          •     Direktur PT Cakrabuana Ventura Indonesia       •   Director of PT Cakrabuana Ventura Indonesia
 Positions                 (sejak 2015)                                       (since 2015)

 Periode Menjabat
 Term of Office                       2015- sekarang                                        2015- present




Independensi                                                    Independence

Komite Nominasi, Remunerasi, dan GCG dijamin inde-              The Nomination, Remuneration, and GCG Committee’s
pendensinya dalam menjalankan tugas. Sebagaimana                independence is guaranteed in carrying out its duties, as
yang ditunjukkan dalam tabel pemenuhan aspek inde-              demonstrated in the following table of compliance with
pendensi berikut.                                               independence aspects.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




Independensi Komite Nominasi, Remunerasi, dan GCG
Nomination, Remuneration, and GCG Committee Independence

                                                                                          Mohammad
                                                                             Rachmat                        Riza Ichsan
                           Aspek Independensi                                            Arsjad Rasjid P.
                                                                              Gobel                           Fahriza
                          Independence Aspects                                           Mangkuningrat

                                                                              Ketua          Anggota         Anggota
                                                                             Chairman        Member          Member

 Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan Direksi.
 Does not have financial relationships with the Board of Commissioners and      √               √                √
 the Board of Directors.

 Tidak memiliki hubungan kepengurusan dengan Pemegang Saham, Entitas
 Anak, maupun perusahaan afiliasi.
                                                                                √               √                √
 Does not have management relationships with shareholders, subsidiaries,
 or affiliated companies.

 Tidak memiliki hubungan kepemilikan saham di Perseroan.
                                                                                √               √                √
 Does not have ownership of shares in the Company.

 Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi dan/
 atau sesama anggota Komite Audit.
                                                                                √               √                √
 Does not have family relationships with the Board of Commissioners, the
 Board of Directors, and/or other Audit Committee members.



Pengembangan Kompetensi                                         Competency Development

Perseroan memberikan fasilitas berupa program pengem-           The Company provides facilities in the form of competency
bangan kompetensi bagi anggota Komite Nominasi,                 development programs for members of the Nomination,
Remunerasi, dan GCG, baik berupa pelatihan, seminar,            Remuneration, and GCG Committee, including training,
konferensi, dan workshop, agar dapat meningkatkan               seminars, conferences, and workshops to enhance
wawasan terkait dunia usaha dan fenomena terkini.               insights into current business trends and phenomena.
Program tersebut dilaksanakan sesuai dengan rencana             These programs are implemented according to the com-
pelaksanaan program pengembangan kompetensi                     petency development program plan outlined in the Work
yang dimuat pada Rencana Kerja dan Anggaran Komite              Plan and Budget of the Nomination, Remuneration, and
Nominasi, Remunerasi, dan GCG. Pada tahun 2023,                 GCG Committee. In 2023, the competency development
pengembangan kompetensi Komite Nominasi, Remunerasi,            of the Company’s Nomination, Remuneration, and GCG
dan GCG Perseroan dilaksanakan secara mandiri melalui           Committee was carried out independently through books
media buku dan informasi digital.                               and digital information.

                                                                Duties and Responsibilities
Tugas dan Tanggung Jawab
                                                                Based on the Nomination, Remuneration, and GCG
Berdasarkan Piagam Komite Nominasi, Remunerasi, dan             Committee Charter, the main duties and responsibilities
GCG, tugas dan tanggung jawab utama Komite Nominasi,            of the Nomination, Remuneration, and GCG Committee
Remunerasi, dan GCG adalah sebagai berikut:                     are as follows:
•   Memberikan rekomendasi terkait komposisi jabatan            •    Providing recommendations regarding the compo-
    dan kebijakan proses nominasi anggota Dewan                      sition of positions and policies for the nomination
    Komisaris dan Direksi.                                           process of Board of Commissioners and Board of
                                                                     Directors members.




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•      Melakukan penilaian kinerja Dewan Komisaris dan       •   Assessing the performance of the Board of
       Direksi.                                                  Commissioners and Board of Directors.
•      Memberikan rekomendasi terkait pengembangan           •   Providing recommendations regarding the compe-
       kompetensi Dewan Komisaris dan Direksi.                   tency development for the Board of Commissioners
•      Memberikan rekomendasi terkait struktur, kebijakan,       and Board of Directors.
       dan besaran remunerasi Dewan Komisaris dan Direksi.   •   Providing recommendations regarding the structure,
•      Melakukan penelaahan atas penerapan prinsip-prinsip       policies, and amount of remuneration for the Board
       GCG dan standar etika di Perseroan.                       of Commissioners and Board of Directors.
                                                             •   Reviewing the implementation of GCG principles and
                                                                 ethical standards in the Company.

Pedoman                                                      Guidelines

Adapun Komite Nominasi, Remunerasi, dan GCG berpe-           The Nomination, Remuneration and GCG Committee
doman pada Peraturan Otoritas Jasa Keuangan No. 34/          adheres to Financial Services Authority Regulation
POJK.04/2014 tentang Komite Nominasi dan Remunerasi.         No. 34/POJK.04/2014 regarding the Nomination and
                                                             Remuneration Committee.

Pelaksanaan Rapat                                            Meeting Implementation

Rapat Komite Nominasi, Remunerasi, dan GCG wajib             The Nomination, Remuneration, and GCG Committee meet-
diselenggarakan setidaknya 3 kali dalam setahun.             ings must be held at least 3 times a year. Throughout 2023,
Sepanjang 2023, Komite Nominasi, Remunerasi, dan             the Nomination, Remuneration, and GCG Committee has
GCG telah melaksanakan rapat sebanyak 4 (empat) kali         held 4 (four) meetings with the attendance rate as follows
dengan tingkat kehadiran sebagai berikut.



Kehadiran Rapat Komite Nominasi, Remunerasi, dan GCG
Attendance at Nomination, Remuneration, and GCG Meetings

               Nama                         Jabatan                Jumlah Rapat                 Kehadiran Rapat
               Name                         Position             Number of Meetings            Meeting Attendance

                                 Ketua
    Rachmat Gobel
                                 Chairman                                 4                             4

    Mohammad Arsjad Rasjid P.    Anggota
    Mangkuningrat                Member                                   4                             4

                                 Anggota
    Riza Ichsan Fahriza
                                 Member                                   4                             4




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                                               TATA KELOLA PERUSAHAAN
                                               CORPORATE GOVERNANCE




Laporan Pelaksanaan Tugas                                    Duties Implementation Report

Setelah melaksanakan tugas dan tanggung jawab, Komite        After performing their duties and responsibilities, the
Nominasi, Remunerasi, dan GCG akan melaporkan peker-         Nomination, Remuneration, and GCG Committee will report
jaannya kepada Dewan Komisaris. Adapun mekanisme             their work to the Board of Commissioners. The Company
Laporan Pelaksanaan Tugas diatur oleh Perseroan secara       specifically regulates the mechanism for reporting the
lebih spesifik.                                              implementation of duties.
1. Ikut terlibat dalam penilaian kinerja Dewan Komisaris     1. Be involved in evaluating the performance of the
    dan Direksi di sepanjang tahun 2023.                          Board of Commissioners and Board of Directors
2. Memberikan masukan terkait pengembangan kom-                   throughout 2023.
    petensi Dewan Komisaris dan Direksi. Pengembangan        2. Provide input regarding competency development for
    kompetensi yang diikuti Dewan Komisaris Direksi               the Board of Commissioners and Board of Directors.
    selama tahun 2023 telah sesuai dengan bidang tugas            The competency development followed by the Board
    dan kebutuhan masing-masing Dewan Komisaris                   of Commissioners and Directors during 2023 is in
    dan Direksi sehingga dapat menjalankan tugas dan              accordance with the duties and needs of each Board
    tanggung jawabnya secara independen dan profe-                of Commissioners and Board of Directors so that
    sional dalam rangka keberlanjutan usaha Perseroan.            they can carry out their duties and responsibilities
3. Membantu Dewan Komisaris dalam menentukan                      independently and professionally in the context of
    struktur, kebijakan, dan besaran remunerasi Dewan             the Company’s business sustainability.
    Komisaris serta Direksi dengan mempertimbangkan          3. Assist the Board of Commissioners in determining the
    pencapaian kinerja dan pengembangan remunerasi                structure, policies, and amount of remuneration for
    yang layak di bidang usaha Perseroan.                         the Board of Commissioners and Board of Directors
4. Memantau proses pengendalian internal serta                    by taking into account the achievement of perfor-
    memastikan seluruh aktivitas Perseroan dijalankan             mance and proper remuneration development in the
    dengan menjunjung tinggi prinsip-prinsip GCG dan              Company’s business sector.
    standar etika yang berlaku di Perseroan.                 4. Monitor the internal control process and ensure that
                                                                  all of the Company’s activities are carried out by
                                                                  upholding the GCG principles and ethical standards
                                                                  that apply in the Company.




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                                                    TATA KELOLA PERUSAHAAN
                                                    CORPORATE GOVERNANCE




SEKRETARIS PERUSAHAAN
CORPORATE SECRETARY


Sekretaris Perusahaan mempunyai fungsi untuk men-                   The Corporate Secretary functions to support the per-
dukung kinerja Direksi. Tugas dan tanggung jawab                    formance of the Board of Directors. The duties and
Sekretaris Perusahaan diantaranya adalah menjalin                   responsibilities of the Corporate Secretary include main-
komunikasi internal dan eksternal, mengelola hubungan               taining internal and external communication, managing
investor, mengurusi kesekretariatan pimpinan, serta                 investor relations, handling leadership secretariat matters,
memastikan kepatuhan Perusahaan terhadap peraturan                  and ensuring the Company’s compliance with applicable
perundang-undangan yang berlaku.                                    laws and regulations.



Pedoman Kerja                                                       Work Guidelines

Pedoman kerja Sekretaris Perusahaan tertuang dalam                  The work guidelines for the Corporate Secretary are
Anggaran Dasar yang disusun berdasarkan Peraturan                   outlined in the Articles of Association prepared based
Otoritas Jasa Keuangan No. 35/POJK.04/2014 tentang                  on the Financial Services Authority Regulation No. 35/
Sekretaris Perusahaan Emiten atau Perusahaan Publik.                POJK.04/2014 regarding the Corporate Secretary of
                                                                    Issuers or Public Companies.

Profil Pejabat Sekretaris Perusahaan                                Corporate Secretary Profile

Berdasarkan Surat Keputusan Direksi tanggal 1 Desember              Based on the Board of Directors Decree dated December
2020, Direksi Perseroan mengangkat Yuni Pattinasarani               1, 2020, the Company’s Board of Directors appointed Yuni
sebagai Sekretaris Perusahaan, dengan masa jabatan                  Pattinasarani as the Corporate Secretary, with a term of
yang akan berakhir sesuai dengan hasil evaluasi dari                office ending according to the Board of Directors evaluation
Direksi. Berikut profil Sekretaris Perusahaan.                      results. Here is the profile of the Corporate Secretary.


 Yuni Pattinasarani
 Sekretaris Perusahaan
 Corporate Secretary

 Warga Negara Indonesia, berdomisili di Jakarta. Beliau         Indonesian citizen, domiciled in Jakarta. She was born in
 lahir di Sukabumi pada tanggal 5 juni 1987. Saat ini berusia   Sukabumi on June 5, 1987, and currently she is 36 years old.
 36 tahun.

 Dasar Hukum           Surat Keputusan Direksi tanggal 1 Desember            Board of Directors Decree dated December
 Pengangkatan          2020 (2020-berakhir berdasarkan hasil evaluasi        1, 2020 (2020-ended based on the Board of
 Legal Basis of        dari Direksi).                                        Directors evaluation results).
 Appointment

 Pendidikan            Beliau meraih gelar Sarjana Hukum bidang              She earned a Bachelor’s degree in Civil Law from
 Education             Perdata, Universitas Pancasila, pada tahun            Pancasila University in 2008.
                       (2008).


 Pengalaman Kerja      •     Corporate Secretary Assistant PT Dyandra        •    Corporate Secretary Assistant at PT Dyandra
 Work Experiences            Media International Tbk (2014-2019);                 Media International Tbk (2014-2019);
                       •     Legal Assistant Manager PT Dyandra Media        •    Legal Assistant Manager at PT Dyandra
                             International Tbk (2010-2014);                       Media International Tbk (2010-2014);
                       •     Junior Associates (Adisuryo & Co) (2010); dan   •    Junior Associate at Adisuryo & Co (2010); and
                       •     Legal Staff PT Surya Darma Perkasa (2008-       •    Legal Staff at PT Surya Darma Perkasa
                             2010).                                               (2008-2010).




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 Yuni Pattinasarani
 Sekretaris Perusahaan
 Corporate Secretary

 Rangkap Jabatan     Tidak memiliki rangkap jabatan di dalam dan di    Does not hold concurrent positions within or
 Concurrent          luar Perseroan.                                   outside the Company.
 Positions

 Hubungan Afiliasi   Tidak memiliki hubungan keuangan,                 Does not have financial, managerial, or familial
 Affiliation         kepengurusan, dan kekeluargaan dengan             relationships with other members of the Board of
 Relationship        anggota Dewan Komisaris lainnya, anggota          Commissioners, Board of Directors, as well as the
                     Direksi, serta Pemegang Saham Utama dan           Major and Controlling Shareholders.
                     Pengendali.




Tugas dan Tanggung Jawab                                      Duties and Responsibilities

Sekretaris Perusahaan mempunyai tugas dan tanggung            The Corporate Secretary has the following duties and
jawab sebagai berikut:                                        responsibilities:
•   Mengikuti perkembangan pasar modal, khususnya             •   Monitoring the developments in the capital market,
    peraturan perundang-undangan yang berlaku di                  especially the applicable laws and regulations in the
    bidang pasar modal.                                           capital market field.
•   Memberikan masukan kepada Dewan Komisaris dan             •   Providing input to the Board of Commissioners and
    Direksi terkait kepatuhan pada ketentuan peraturan            Board of Directors regarding compliance with provi-
    dan perundang-undangan di bidang pasar modal.                 sions of laws and regulations in the capital market field.
•   Membantu Dewan Komisaris dan Direksi dalam                •   Assisting the Board of Commissioners and Board of
    pelaksanaan tata kelola perusahaan yang baik.                 Directors in implementing good corporate governance.
•   Sebagai penghubung antara Perseroan dengan                •   Acting as a liaison between the Company and share-
    Pemegang Saham, regulator, dan pemangku kepent-               holders, regulators, and other stakeholders.
    ingan lainnya.

Pengembangan Kompetensi Sekretaris Perusahaan                 Competency Development of Corporate Secretary

Perusahaan menyediakan fasilitas bagi Sekretaris              The Company provides facilities for the Corporate Secretary
Perusahaan untuk mengikuti program pengembangan               to participate in competency development programs.
kompetensi. Program pengembangan kompetensi berupa            Competency development programs include training,
pelatihan, seminar, konferensi, dan workshop. Tujuannya       seminars, conferences, and workshops aimed at expanding
untuk memperluas wawasan tentang perkembangan                 knowledge of business developments. These programs
dunia usaha. Program tersebut dilaksanakan dengan             are implemented based on the implementation plan of
mengacu pada rencana pelaksanaan program pengem-              the Corporate Secretary’s competency development
bangan kompetensi, yang dimuat pada rencana Kerja             program, as outlined in the Corporate Secretary’s Work
dan Anggaran Sekretaris Perusahaan.                           Plan and Budget.

Berikut disajikan informasi terkait program pengem-           Here is the information related to the competency devel-
bangan kompetensi yang diikuti Sekretaris Perusahaan          opment program attended by the Corporate Secretary
di tahun 2023:                                                in 2023:




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                                                   TATA KELOLA PERUSAHAAN
                                                   CORPORATE GOVERNANCE




                 Nama Pelatihan                          Waktu dan Tempat Pelatihan            Penyelenggara
                 Name of Training                         Time and Place of Training             Organizer

 Sosialisasi Pedoman Umum Governansi Korporat          Daring, 22 Februari 2023        KNKG dan IDX
 Indonesia Dan Penyelenggaraan Annual Report           Online, February 22, 2023       KNKG and IDX
 Award 2022”
 Socialization of the General Guidelines for
 Corporate Governance in Indonesia and the
 Implementation of the Annual Report Awards 2022

 Seminar Penerbitan Green, Social and Sustain-         Daring, 24 Mei 2023             IDX
 ability Bonds: Understanding the Landscape and        Online, May 24, 2023            IDX
 Significance of GSS Bonds
 Seminar on Issuance of Green, Social, and
 Sustainability Bonds: Understanding the Landscape
 and Significance of GSS Bonds

 International Accounting Standard Board (IASB)        Daring, 29 Mei 2023             IAI dan IDX
 Update: The Latest Developments in IFRS.              Online, May 29, 2023            IAI dan IDX
 International Accounting Standards Board (IASB)
 Update: The Latest Developments in IFRS.

 “The Future of Sustainability Reporting: An Exclu-    Daring. 13 Juni 2023            IDX
 sive Forum for Regulators and Listed Companies in     Online, June 13, 2023           IDX
 Indonesia”
 “The Future of Sustainability Reporting: An
 Exclusive Forum for Regulators and Listed
 Companies in Indonesia”

 Conference Catalyzing Green and Sustainable           Daring, 8 Agustus 2023          OJK
 Finance Through Capital Market and Other Innova-      Online, August 8, 2023          FSA
 tive Solutions.
 Conference on Catalyzing Green and Sustainable
 Finance Through Capital Market and Other
 Innovative Solutions.

 Undangan ACMF-ISSB Technical Training on IFRS         Bali, 17-18 Oktober 2023        OJK
 Sustainability Disclosures Standards for Corporate    Bali, October 17-18, 2023       FSA
 Preparers
 Invitation to ACMF-ISSB Technical Training on IFRS
 Sustainability Disclosures Standards for Corporate
 Preparers

 Sosialisasi Kriteria dan Penilaian ASEAN Corporate    Daring, 20 December 2023        IDX
 Governance Scorecard (ACGS) 2024                      Online, December 20, 2023
 Socialization of Criteria and Assessment of the
 ASEAN Corporate Governance Scorecard (ACGS)
 2024




219                    Laporan Tahunan 2023                                                  PT Rukun Raharja Tbk
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Pelaksanaan Kegiatan Sekretaris Perusahaan                     Implementation of Corporate Secretary’s Activities

Pelaksanaan fungsi Sekretaris Perusahaan sepanjang             The Corporate Secretary has the following duties and
tahun 2023 meliputi:                                           responsibilities:
1. Pengelolaan Dokumen Korporat: Mengelola dan                 1. Corporate Document Management:
    menyimpan semua dokumen penting perusahaan,                    Managing and storing all important company docu-
    termasuk akta pendirian, perubahan dalam struktur              ments, including articles of association, changes in
    perusahaan, serta dokumen-dokumen penting lainnya.             company structure, and other important documents.
2. Kepatuhan Regulasi: Memastikan bahwa perusahaan             2. Regulatory Compliance: Ensuring that the Company
    mematuhi semua regulasi yang berlaku di industri               complies with all regulations applicable in the rele-
    terkait. Ini termasuk regulasi dari otoritas pasar modal       vant industry. This includes regulations from capital
    jika perusahaan tersebut adalah perusahaan publik.             market authorities if the Company is a public company.
3. Komunikasi dengan Pemangku Kepentingan: Menjadi             3. Stakeholder Communication: Acting as a liaison in
    jembatan komunikasi antara perusahaan dengan                   communication between the Company and stake-
    pemangku kepentingan, termasuk pemegang saham,                 holders, including shareholders, investors, and
    investor, dan regulator. Termasuk dalam ini adalah             regulators. This includes coordinating General Meeting
    mengkoordinasikan rapat umum pemegang saham                    of Shareholders and Board of Directors meetings.
    dan rapat dewan direksi.                                   4. Reporting: Responsible for preparing and submitting
4. Pelaporan: Bertanggung jawab atas penyusunan dan                annual reports and financial statements to relevant
    penyampaian laporan tahunan serta laporan keuangan             authorities. This may also include other periodic
    kepada otoritas yang relevan. Ini juga bisa termasuk           reports to shareholders.
    laporan berkala lainnya kepada pemegang saham.             5. Risk Management and Corporate Governance:
5. Manajemen Risiko dan Tata Kelola Perusahaan:                    Supporting the implementation of good corporate
    Mendukung implementasi praktik tata kelola peru-               governance practices and assisting management in
    sahaan yang baik dan membantu manajemen dalam                  identifying and addressing strategic risks.
    mengidentifikasi dan menangani risiko-risiko strategis.
6. Pengembangan Kebijakan Internal: Membantu dalam             6.   Internal Policy Development: Assisting in developing,
    pengembangan, evaluasi, dan penyempurnaan                       evaluating, and refining internal company policies
    kebijakan internal perusahaan untuk mendukung                   to support compliance and operational efficiency.
    kepatuhan dan efisiensi operasional.
7. Pengelolaan Investor Relations: Menjaga hubungan            7.   Investor Relations Management: Maintaining good
    yang baik dengan investor melalui komunikasi yang               relationships with investors through effective com-
    efektif, penyajian data keuangan perusahaan, dan                munication, presenting company financial data, and
    respons terhadap pertanyaan atau kekhawatiran                   responding to their inquiries or concerns.
    yang mereka miliki.
8. Pendampingan Eksekutif: Sekretaris Perusahaan               8.   Executive Assistance: Corporate Secretary often also
    juga sering bertugas mendampingi para eksekutif                 assists company executives in important meetings or
    perusahaan dalam pertemuan atau perjalanan bisnis               business trips to ensure that all administrative and
    penting untuk memastikan bahwa semua kebutuhan                  legal needs are met.
    administratif dan legal terpenuhi.




PT Rukun Raharja Tbk                                                        Annual Report 2023                      220
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                                                   TATA KELOLA PERUSAHAAN
                                                   CORPORATE GOVERNANCE




UNIT AUDIT INTERNAL
INTERNAL AUDIT UNIT


Unit Audit Internal merupakan pihak yang membantu                 The Internal Audit Unit assists Management in evaluating the
manajemen dalam mengevaluasi efektivitas penerapan                effectiveness of risk management system implementation,
sistem manajemen risiko, pengendalian internal, dan               internal control, and GCG at each Company’s work unit.
GCG pada setiap unit kerja Perseroan. Proses kerjanya             Its work process is carried out by providing independent
dilakukan dengan memberikan pendapat independen                   opinions designed to add value and improve the Company’s
yang dirancang guna menambah nilai dan meningkatkan               business performance.
kinerja usaha Perseroan.

Profil                                                            Profile

Unit Audit Internal Perseroan diketuai oleh Ridwan                The Company’s Internal Audit Unit is chaired by Ridwan
Samhuri berdasarkan Surat Keputusan Finance & Business            Samhuri based on the Decree of Finance & Business
Support Director No. 11/DIR-RAJA/LET/III/2023 tanggal 1           Support Director No. 11/DIR-RAJA/LET/III/2023 dated March
Maret 2023 perihal Surat Penugasan Baru dan Promosi,              1, 2023, regarding New Assignment and Promotion Letter,
dengan masa jabatan yang akan berakhir sesuai hasil               with a term of office ending according to the evaluation
evaluasi Direksi.                                                 results of the Board of Directors.



 Ridwan Samhuri
 Manajer Audit Internal
 Internal Audit Manager

 Warga Negara Indonesia, berdomisili di Bogor. Saat ini      Indonesian citizen, domiciled in Bogor, and currently 40 years old.
 berusia 40 tahun.

 Dasar Hukum          Surat Keputusan Finance & Business Support            Decree of Finance & Business Support Director
 Pengangkatan         Director No. 11/DIR-RAJA/LET/III/2023 tanggal 1       No. 11/DIR-RAJA/LET/III/2023 dated March 1,
 Legal Basis of       Maret 2023 perihal Surat Penugasan Baru dan           2023, regarding New Assignment and Promotion
 Appointment          Promosi.                                              Letter.



 Pendidikan           1.     Master of Accounting, Universitas Pancasila    1.   Master of Accounting, Pancasila University,
 Education                   Jakarta (2019 – 2021)                               Jakarta (2019 – 2021)
                      2.     Bachelor of Accounting, Universitas Ibnu       2.   Bachelor of Accounting, Ibnu Khaldun
                             Khaldun – Bogor (2008 – 2010)                       University – Bogor (2008 – 2010)


 Pengalaman Kerja     1.     Manajer Audit Internal, PT Rukun Raharja       1.   Internal Audit Manager, PT Rukun Raharja
 Work Experiences            Tbk, (2023–sekarang)                                Tbk (2023–present)
                      2.     Budget Control Assistant Manager, PT Rukun     2.   Budget Control Assistant Manager, PT Rukun
                             Raharja Tbk (2013-2023)                             Raharja Tbk (2013-2023)
                      3.     Internal Audit Staff, PT Megapolitan           3.   Internal Audit Staff, PT Megapolitan
                             Development Tbk (2012–2013)                         Development Tbk (2012–2013)
                      4.     Internal Audit Staff, IPB University, (2011-   4.   Internal Audit Staff, IPB University (2011-
                             2012)                                               2012)
                      5.     Senior Auditor, KAP Rama Wendra, (2007–        5.   Senior Auditor, Public Accounting Firm Rama
                             2011)                                               Wendra (2007–2011)

 Rangkap Jabatan      Tidak memiliki rangkap jabatan di dalam dan di        Does not hold concurrent positions within or
 Concurrent           luar Perseroan.                                       outside the Company.
 Positions

 Hubungan Afiliasi    Tidak memiliki hubungan keuangan,                     Does not have financial, managerial, or familial
 Affiliation          kepengurusan, dan kekeluargaan dengan                 relationships with members of the Board of
 Relationship         anggota Dewan Komisaris, anggota Direksi, serta       Commissioners, members of the Board of
                      Pemegang Saham Utama dan Pengendali.                  Directors, as well as the Major and Controlling
                                                                            Shareholders.




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Kualifikasi/ Sertifikasi                                        Qualifications/Certifications

Anggota Unit Audit Internal merupakan profesional ber-          Internal Audit Unit members are experienced professionals
pengalaman yang telah memenuhi kriteria independensi            who have met independence criteria and other compe-
dan kompetensi lainnya. Personil Unit Audit Internal            tencies. Personnel of the Internal Audit Unit, along with
beserta sertifikasi yang dimiliki dapat dilihat pada tabel      their certifications, can be seen in the following table:
berikut ini:

Tabel Personil Internal Audit
Table of Internal Audit Personnel


 Nama                                                         Sertifikasi
 Name                                                         Certification

 Ridwan Samhuri                                               Qualified Internal Audi-tor (QIA) Certification – Basic
                                                              Level



Pengembangan Kompetensi                                         Competency Development

Perseroan menyediakan fasilitas program pengembangan            The Company provides competency development program
kompetensi bagi Unit Audit Internal. Program pengem-            facilities for the Internal Audit Unit. These programs
bangan kompetensi dapat berupa pelatihan, seminar,              include training, seminars, conferences, and workshops
konferensi, dan workshop, guna menambah wawasan                 aimed at broadening knowledge of business developments.
mengenai perkembangan dunia usaha.
                                                                Here is the information related to competency development
Berikut disajikan informasi terkait program pengembangan        programs attended by the Internal Audit Unit in 2023:
kompetensi yang diikuti Internal Audit Unit di tahun 2023:



               Nama                          Waktu dan Tempat Pelatihan                           Penyelenggara
               Name                           Time and Place of Training                            Organizer

 Qualified Internal Auditor (QIA)                                                     Yayasan Pendidikan Internal Audit
 Certification – Basic Level         30 Januari s.d 11 Februari 2023                  (YPIA)
 Qualified Internal Auditor (QIA)    January 30 – February 11, 2023                   Internal Audit Education Foundation
 Certification – Basic Level                                                          (YPIA)




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




Struktur dan Kedudukan Unit Audit Internal                     Structure and Position of the Internal Audit Unit

Pengangkatan dan pemberhentian Unit Audit Internal             The President Director carries out the appointment and
Perusahaan dilakukan oleh Direktur Utama melalui               dismissal of the Company’s Internal Audit Unit with
persetujuan Dewan Komisaris. Dengan demikian, Unit             the approval of the Board of Commissioners. Thus, the
Audit Internal bertanggungjawab langsung kepada                Internal Audit Unit is directly responsible to the President
Direktur Utama. Selain itu, Unit Audit Internal memiliki       Director. In addition, the Internal Audit Unit has direct
akses langsung kepada Komite Audit untuk berkoordinasi         access to the Audit Committee to coordinate internal
mengenai pelaksanaan audit internal dan tindak lanjutnya,      audit implementation and follow-up, as seen in the
seperti yang terlihat pada bagan berikut:                      following chart:




                           Dewan Komisaris                                     Direktur Utama
                        Board of Commissioners                                President Director




                            Komite Audit                                      Unit Audit Internal
                           Audit Committee                                    Internal Audit Unit




Tugas Dan Tanggung Jawab                                       Duties and Responsibilities

Tugas dan Tanggung Jawab Divisi Audit Internal yaitu:          The duties and responsibilities of the Internal Audit
•   Menyusun dan melaksanakan rencana audit internal           Division are:
    tahunan;                                                   •    Developing and implementing the annual internal
•   Melaksanakan audit kepatuhan terhadap jalannya                  audit plan;
    sistem pengendalian internal dan manajemen risiko          •    Conducting compliance audits on the implementation
    untuk memastikan bahwa seluruh kegiatan telah                   of internal control systems and risk management to
    sesuai ketentuan/ peraturan Perseroan dan berbagai              ensure that all activities comply with the Company’s
    peraturan hukum negara yang berlaku;                            provisions/regulations and various applicable state
•   Mengukur tingkat efisiensi dan efektivitas semua                legal regulations;
    kegiatan Perseroan.                                        •    Measuring the efficiency and effectiveness of all
                                                                    Company activities.

Pedoman Kerja                                                  Charter

Unit Internal Audit Perseroan memiliki Piagam Unit Internal    The Company’s Internal Audit Unit has an Internal Audit
Audit dan telah disahkan pada Juni 2011. Piagam Unit           Unit Charter and was ratified in June 2011. The Internal
Internal Audit disusun berdasarkan Peraturan Bapepam-LK        Audit Unit Charter is prepared based on the Indonesian
No. IX.17, Lampiran Keputusan Ketua Bapepam LK No.             Capital Market Supervisory Agency-Financial Institution
Kep-496/BL/2008 tanggal 28 November 2008 yang telah            Regulation (BAPEPAM-LK) No. IX.17, Attachment to the
diperbaharui dengan Peraturan Otoritas Jasa Keuangan           Decree of the BAPEPAM-LK’s Chairman No. Kep-496/
No. 56/POJK.04/2015 tentang Pembentukan dan Pedoman            BL/2008 dated November 28, 2008, amended with
Penyusunan Piagam Unit Audit Internal                          the Financial Services Authority Regulation No. 56/
                                                               POJK.04/2015 concerning the Formation and Guidelines
                                                               for the Preparation of Internal Audit Unit Charter.




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Pelaksanaan Kegiatan                                            Implementation of Activities

Unit Audit Internal telah merealisasikan tugas dan tang-        The Internal Audit Unit has fulfilled its duties and respon-
gungjawab sepanjang tahun 2023, antara lain:                    sibilities throughout 2023, which included:
1. Melakukan update atau penyusunan Kembali piagam              1. Updating or revising the Internal Audit Charter, which
    unit audit internal, yang mana telah disahkan pada               was ratified on January 9, 2023.
    tanggal 9 Januari 2023.                                     2. Participating in the preparation and formulation of
2. Ikut serta dalam penyusunan dan perumusan pedoman                 the Company’s GCG guidelines.
    GCG perusahaan.                                             3. Initiating the program for developing the Standard
3. Melakukan inisiasi pada Program Penyusunan Standar                Operational Procedures (SOPs) at PT Rukun Raharja
    Operasional Prosedur (SOP) di PT Rukun Raharja Tbk.              Tbk.
4. Melakukan penyusunan Rencana Pengawasan dan                  4. Formulating the Audit and Education Plan for the
    Pendidikan untuk tahun anggaran 2024                             2024 Fiscal Year.
5. Melakukan pengembangan kompetensi melalui                    5. Enhancing competencies through internal audit
    kegiatan sertifikasi internal audit dan berbagai                 certification activities and various training programs
    pelatihan yang mendukung kinerja auditor.                        supporting auditor performance.

Hasil Temuan                                                    Findings

Sepanjang 2023, terdapat temuan audit dari auditor              Throughout 2023, there were no audit findings from
internal.                                                       internal auditors.

Penyimpangan Internal                                           Internal Deviations

Dalam kurun waktu 3 (tiga) tahun terakhir, tidak terdapat       In the past 3 (three) years, there were no deviations have
penyimpangan yang dilakukan oleh organ Perusahaan.              been committed by the Company organs.



Jumlah Penyimpangan Internal
Number of Internal Deviations

                                                                    Jumlah kasus yang dilakukan oleh
                                                                      Number of cases committed by
         Penyimpangan internal                                              Pegawai tetap
           Internal Deviation                      Pengurus                                          Pegawai tidak tetap
                                                                         Permanent Employees
                                                  Management                                        Temporary Employees


                                           2023      2022      2021     2023      2022    2021      2023    2022     2021

 Telah diselesaikan                          -        -         -                   -       -                 -        -
 Resolved

 Dalam proses penyelesaian di internal       -        -         -                   -       -                 -        -
 In the internal resolution process

 Belum diupayakan penyelesaiannya            -        -         -                   -       -                 -        -
 Not yet attempted for resolution

 Telah ditindaklanjuti melalui proses        -        -         -                   -       -                 -        -
 hukum
 Has been pursued through legal
 processes

 Total penyimpangan Internal                 -        -         -                   -       -                 -        -
 Total Internal Deviations




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                                                     TATA KELOLA PERUSAHAAN
                                                     CORPORATE GOVERNANCE




SISTEM PENGENDALIAN INTERNAL
INTERNAL CONTROL SYSTEM


Sistem Pengendalian Internal (SPI) berperan penting dalam          The Internal Control System (ICS/SPI) plays a crucial role in
membantu pengawasan internal dalam kegiatan operasional            assisting internal oversight in the Company’s operational activities.
Perseroan. Dengan melakukan penilaian terhadap kegiatan            By periodically or comprehensively assessing the Company’s
operasional Perseroan dengan berkala atau menyeluruh.              operational activities, ICS helps the Management monitor and
SPI berperan membantu Manajemen dalam monitoring dan               ensure business activities align with corporate strategies, and
memastikan aktivitas bisnis dengan strategi perusahaan, serta      provides recommendations for corrective actions if deviations
memberikan rekomendasi untuk tindakan perbaikan apabila jika       are found.
ditemukan adanya penyimpangan.


IMPLEMENTASI SISTEM PENGENDALIAN                                   IMPLEMENTATION OF THE INTERNAL CONTROL
INTERNAL                                                           SYSTEM



                              Unit Internal Audit bersama Komite Audit menjelaskan SPI, yang
                              kemudian dikomunikasikan kepada Direksi dan Dewan Komisaris.
                               Internal Audit Unit, together with the Audit Committee, explains
                                the ICS, which is then communicated to the Board of Directors
                                               and the Board of Commissioners.




                         Pelaksana                                                           Pengawas
                       Implementer                                                           Supervisor
                Unit Audit Internal + Direksi                                        Unit Audit Internal + Direksi
          Internal Audit Unit + Board of Directors                            Board of Commissioners + Audit Committee




Implementasi SPI di Perseroan sebagai berikut:
SPI implementation in the Company is as follows:


 Komponen Sistem Pengendalian
 Internal                                                              Implementasi di Perseroan
 Components of the Internal Control                                  Implementation in the Company
 System

 Pengurangan risiko bisnis                •    Menyusun rencana strategi sesuai dengan kompleksitas usaha Perseroan;
 Risk reduction in business               •    Memantau perbandingan target dengan realisasi anggaran biaya melalui
                                               laporan-laporan yang dibuat Unit Keuangan; dan
                                          •    Mewajibkan seluruh karyawan untuk mematuhi SOP yang berlaku di Perseroan
                                               agar aktivitas bisnis perusahaan dapat berjalan secara efektif dan efisien.
                                          •    Developing strategic plans according to the complexity of the Company's
                                               business;
                                          •    Monitoring the comparison of targets with budget realization through reports
                                               prepared by the Finance Unit and
                                          •    Mandating all employees to comply with applicable SOPs in the Company to
                                               ensure effective and efficient business activities.




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 Komponen Sistem Pengendalian
 Internal                                                              Implementasi di Perseroan
 Components of the Internal Control                                  Implementation in the Company
 System

 Perlindungan aset Perseroan               Melindungi aset fisik yang dimiliki. Seluruh aset tetap, seperti bangunan, jaringan
 Protection of Company assets              pipa, dan kendaraan telah diasuransikan dengan nilai pertanggungan yang memadai.
                                           Protecting physical assets owned. All fixed assets, such as buildings, pipelines, and
                                           vehicles, have been insured with adequate coverage.

 Sistem pelaporan keuangan yang            •    Memberikan masukan terkait penunjukan kantor akuntan publik dan akuntan
 dapat diandalkan                               yang memiliki reputasi baik; dan
 Reliable financial reporting system       •    Memastikan pelaporan keuangan Perseroan sesuai dengan standar akuntansi
                                                yang berlaku di Indonesia.
                                           •    Providing input regarding the appointment of reputable public accounting
                                                firms and accountants and
                                           •    Ensuring the Company's financial reporting complies with applicable accounting
                                                standards in Indonesia.

 Pemenuhan peraturan perundang-            Direksi dan Unit Audit Internal senantiasa melakukan komunikasi dan koordinasi
 undangan yang berlaku                     dengan Sekretaris Perusahaan untuk melakukan penelaahan atas kepatuhan
 Compliance with applicable laws and       Perseroan terhadap hukum dan peraturan perundang-undangan yang berlaku.
 regulations                               The Board of Directors and the Internal Audit Unit always communicate and
                                           coordinate with the Corporate Secretary to review the Company's compliance with
                                           applicable laws and regulations.




Implementasi SPI telah disesuaikan dengan standar kerangka         The implementation of ICS has been adjusted to the standards
SPI Internasional, yaitu Committee of Sponsoring Organizations     of the International ICS framework, namely the Committee of
of the Treadway Commission (COSO).                                 Sponsoring Organizations of the Treadway Commission (COSO).




                                                Komponen pengendalian COSO:
                                                  COSO control components:




    Lingkungan               Penilaian Risiko             Kegiatan             Sistem Informasi dan      Aktivitas Pemantauan
   Pengendalian              Risk Assessment            Pengendalian                Komunikasi            Monitoring Activities
 Control Environment                                   Control Activities         Information and
                                                                                  Communication
                                                                                      Systems




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




PERLINDUNGAN MANAJEMEN ASET                                    ASSET MANAGEMENT PROTECTION

Dalam melaksanakan program kerja dan kegiatan manaje-          In carrying out the asset management work program and
men aset tahun 2023, RAJA memastikan bahwa program             activities in 2023, RAJA ensures that these programs and
dan kegiatan ini dapat terlaksana secara efektif dan sesuai    activities can be carried out effectively and in accordance
dengan peraturan yang ditetapkan. Dalam pelaksanaan-           with established regulations. In its implementation, RAJA
nya, RAJA melibatkan Internal Audit, External Audit serta      involves Internal Audit, External Audit, and Independent
Independent Appraisal di setiap unit usaha agar program        Appraisal in each business unit to ensure that asset man-
kerja dan kegiatan manajemen aset dapat terlaksana             agement work programs and activities can be carried out
dengan baik dan dilakukan secara berkesinambungan.             well and continuously.

Kegiatan manajemen aset yang telah dilakukan manajemen         Asset management activities conducted by Management
selama tahun 2023 adalah sebagai berikut:                      during 2023 are as follows:
1. Perencanaan dan Penganggaran                                1. Planning and Budgeting
    Perusahaan melakukan identifikasi dan penilaian                The Company identifies and assesses its assets,
    aset yang dimiliki, termasuk kondisi fisik, nilai aset,        including their physical condition, value, and useful life.
    dan masa manfaatnya.

     Berdasarkan hasil identifikasi dan penilaian tersebut,         Based on the results of this identification and assess-
     perusahaan menyusun rencana dan anggaran untuk                 ment, the Company develops plans and budgets for
     pengelolaan aset, termasuk:                                    asset management, including:
     •   Pengadaan aset: Menentukan kebutuhan aset                  •   Asset acquisition: Determining the need for new
         baru dan sumber pendanaannya.                                  assets and their funding sources.
     •   Pemeliharaan aset: Menentukan jenis dan jadwal             •   Asset maintenance: Determining the type and
         pemeliharaan yang diperlukan untuk menjaga                     schedule of maintenance needed to keep assets
         kondisi aset tetap optimal.                                    in optimal condition.
     •   Penggunaan aset: Menentukan bagaimana aset                 •   Asset utilization: Determining how assets will
         akan digunakan dan oleh siapa.                                 be used and by whom.
     •   Penghapusan aset: Menentukan kapan dan                     •   Asset disposal: Determining when and how assets
         bagaimana aset akan dihapus dari pembukuan                     will be written off from the Company’s books.
         perusahaan.
2.   Pengadaan Aset                                            2.   Asset Acquisition
     •   Perusahaan melakukan pengadaan aset sesuai                 •   The Company acquires assets according to its
         dengan rencana yang telah disusun.                             developed plans.
     •   Pengadaan aset dapat dilakukan melalui berb-               •   Asset acquisition can be done through various
         agai cara, seperti pembelian, sewa, atau hibah.                methods, such as purchase, lease, or grant.
     •   Perusahaan memastikan bahwa aset yang dibeli               •   The Company ensures that the assets purchased
         atau disewa sesuai dengan spesifikasi dan                      or leased meet the Company’s specifications
         kebutuhan perusahaan, serta memiliki dokumen                   and needs and have valid ownership documents.
         kepemilikan yang sah.
3.   Pemeliharaan Aset                                         3.   Asset Maintenance
     Pemeliharaan aset dilakukan secara berkala untuk               Asset maintenance is performed periodically to keep
     menjaga kondisi aset tetap optimal dan memperpan-              assets in optimal condition and extend their useful
     jang masa pakainya. Jenis dan jadwal pemeliharaan              life. The type and schedule of maintenance required
     yang diperlukan akan berbeda-beda tergantung                   will vary depending on the type of asset. The Company
     pada jenis asetnya.                                            must have well-documented and clear Standard
     Perusahaan harus memiliki SOP (Standard Operating              Operating Procedures (SOPs) for asset maintenance.
     Procedure) untuk pemeliharaan aset yang jelas dan
     terdokumentasi dengana baik.




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4.   Penggunaan Aset                                        4.   Asset Utilization
     Aset perusahaan digunakan secara optimal dan efisien        Company assets are used optimally and efficiently
     untuk mencapai tujuan perusahaan. Perusahaan                to achieve the Company’s objectives. The Company
     memiliki sistem pengendalian internal yang efektif          has effective internal control systems to ensure that
     untuk memastikan bahwa aset digunakan sesuai                assets are used for their intended purposes and are
     dengan peruntukannya dan tidak disalahgunakan.              not misused.
5.   Penghapusan Aset                                       5.   Asset Disposal
     Aset yang sudah tidak layak pakai atau tidak lagi           Assets no longer usable or needed by the Company
     dibutuhkan oleh perusahaan harus dihapus dari               must be written off from the books. Asset disposal
     pembukuan. Penghapusan aset harus dilakukan                 must be carried out in accordance with applicable
     sesuai dengan peraturan perundang-undangan                  laws and regulations.
     yang berlaku.

Tinjauan Atas Efektivitas Sistem Pengendalian               Review on the Effectiveness of the Internal Control
Internal                                                    System

Pengendalian internal adalah suatu proses yang meli-        Internal control is a process involving the Board of
batkan Dewan Komisaris, manajemen, dan SPI dengan           Commissioners, management, and ICS involving indepen-
melibatkan auditor independen, yang dirancang untuk         dent auditors, designed to provide adequate assurance
memberikan keyakinan memadai tercapainya efektivi-          of the achievement of operational effectiveness and
tas dan efisiensi operasi dan keandalan pelaporan serta     efficiency, reporting reliability, and compliance with
kepatuhan terhadap hukum dan peraturan yang berlaku.        applicable laws and regulations.

Unit Audit Internal mengevaluasi efektivitas pelaksanaan    The Internal Audit Unit continuously evaluates the effec-
sistem pengendalian secara berkelanjutan. Hasil evaluasi    tiveness of internal control system implementation. The
sistem pengendalian internal tahun 2023, yaitu:             results of the evaluation of the internal control system
1. Aktivitas Perseroan telah menggunakan prosedur           in 2023 are as follows:
     dan sistem pencegahan dini terhadap risiko usaha       1. The Company’s activities have used procedures and
     sehingga perusahaan berjalan dengan baik;                   systems for early prevention of business risks so that
2. Perseroan telah menyediakan nilai pertanggungan               the Company runs well;
     asuransi tetap untuk menutupi risiko kerugian yang     2. The Company has provided a fixed insurance coverage
     mungkin terjadi;                                            to cover the risk of loss that may occur;
3. Laporan Keuangan Konsolidasian Perseroan telah           3. The Company’s Consolidated Financial Statements
     disajikan secara wajar sesuai dengan standar akun-          have been fairly presented in accordance with
     tansi keuangan di Indonesia;                                Indonesian financial accounting standards;
4. Tidak ditemukannya kecurangan atau tindakan              4. No fraud or irregularities were found by the Board of
     penyimpangan yang dilakukan oleh Direksi maupun             Directors or the Board of Commissioners in carrying
     Dewan Komisaris dalam pelaksanaan tugas dan                 out their duties and responsibilities.
     tanggung jawabnya.

Pernyataan Dewan Komisaris Dan Direksi Atas                 Statement of the Board of Commissioners and
Kecukupan Sistem Pengendalian Internal                      Board of Directors Regarding the Adequacy of the
                                                            Internal Control System

Dewan Komisaris dan Direksi memandang bahwa implemen-       The Board of Commissioners and Board of Directors con-
tasi SPI di Perseroan sudah cukup baik. Namun demikian,     sider that the implementation of the ICS in the Company
hasil evaluasi tersebut dijadikan dasar bagi Manajemen      is quite good. However, the evaluation results are used
untuk memperbaiki dan mengembangkan sistem pen-             as a basis for Management to improve and develop the
gendalian internal agar pelaksanaannya dapat berjalan       internal control system to ensure its effective and efficient
efektif dan efisien, serta diharapkan dapat mendorong       implementation, which is expected to drive the Company’s
pertumbuhan dan keberlangsungan usaha Perseroan.            growth and sustainability.




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Page 229
                             TATA KELOLA PERUSAHAAN
                             CORPORATE GOVERNANCE




229   Laporan Tahunan 2023                            PT Rukun Raharja Tbk
Page 230
MANAJEMEN RISIKO
RISK MANAGEMENT


Sistem manajemen risiko dilakukan dengan pendekatan yang            Risk management is carried out through a systematic, structured,
sistematis, terstruktur dan terintegrasi untuk mengantisipasi       and integrated approach to anticipate uncertainties or potential
suatu ketidakpastian atau kerugian yang mungkin terjadi dalam       losses that may occur in the Company’s business management.
pengelolaan bisnis Perseroan.


 Profil Risiko
 Risk Profile

                            Indikasi                                                         Mitigasi
                          Indications                                                       Mitigations

 Risiko Suku Bunga atas Nilai Wajar dan Arus Kas
 Interest Rate Risk on Fair Value and Cash Flows

 Risiko suku bunga Grup terutama timbul dari pinjaman             Perseroan dan Entitas Anak berhati-hati dalam melakukan
 untuk modal kerja dari pihak ketiga. Pinjaman pada berbagai      penambahan pinjaman dan selalu menyesuaikan jangka
 suku bunga menimbulkan risiko suku bunga atas nilai              waktu serta jumlah pinjaman sesuai dengan proyek yang akan
 wajar kepada Grup. Tidak terdapat pinjaman Grup yang             dilakukan, kenaikan suku bunga juga dapat memengaruhi
 dikarenakan suku bunga tetap.                                    kemampuan atau daya beli konsumen.
 The Group's interest rate risk mainly arises from working        The Company and its Subsidiaries are cautious in adding loans
 capital loans from third parties. Loans at various interest      and always adjust the loan tenure and amount according
 rates pose interest rate risks on the fair value to the Group.   to the project to be undertaken; interest rate hikes can also
 There are no Group loans due to fixed interest rates.            affect consumer purchasing power.

 Risiko Kredit
 Credit Risk

                                                                  Perseroan telah memiliki kebijakan untuk memastikan
                                                                  penjualan produk hanya dilakukan kepada pelanggan yang
                                                                  dapat dipercaya dengan rekam jejak atau sejarah kredit yang
                                                                  baik. Merupakan kebijakan Grup bahwa semua pelanggan
                                                                  yang akan melakukan pembelian secara kredit harus melalui
                                                                  prosedur verifikasi kredit. Ketika pelanggan gagal melakukan
                                                                  pelunasan sesuai dengan syarat pembayaran, Grup akan
                                                                  menghubungi pelanggan untuk menindaklanjuti piutang
                                                                  yang telah lewat jatuh tempo dalam jangka waktu yang
                                                                  telah ditentukan, Grup akan menempuh jalur hukum. Sesuai
                                                                  dengan evaluasi oleh Grup, penyisihan spesifik dapat dibuat
 Risiko kredit yang dihadapi oleh Grup berasal dari kredit
                                                                  jika pituang dianggap tidak tertagih. Untuk menekan risiko
 yang diberikan kepada pelanggan.
                                                                  kredit, Grup akan menghentikan penyaluran semua produk
 The credit risk faced by the Group arises from loans granted
                                                                  kepada pelanggan yang terlambat attau gagal bayar.
 to customers.
                                                                  The Company has a policy to ensure that product sales are
                                                                  only made to reliable customers with good credit history. It is
                                                                  Group policy that all customers intending to make purchases
                                                                  on credit must undergo credit verification procedures.
                                                                  When customers fail to make payments as per the payment
                                                                  terms, the Group will contact the customers to follow up on
                                                                  overdue receivables within the specified period, and the
                                                                  Group will take legal action. Based on the Group's evaluation,
                                                                  specific provisions can be made if receivables are deemed
                                                                  uncollectible. To mitigate credit risks, the Group will cease
                                                                  distributing all products to customers who are late or fail to
                                                                  pay.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




Profil Risiko
Risk Profile

                          Indikasi                                                       Mitigasi
                        Indications                                                     Mitigations

Risiko Kenaikan Bahan Baku
Raw Material Price Increase Risk

                                                              Operasi Group RAJA terekspos terhadap risiko bahan baku
                                                              terkait dengan fluktuasi harga dari harga komoditas yang
                                                              diperdagangkan di pasar minyak dan gas dunia. Namun
                                                              demikian, aset dan liabilitas keuangan tidak terekspos
                                                              secara signifikan terhadap fluktuasi harga minyak dan gas
Grup dipengaruhi oleh risiko terjadinya peningkatan harga     dunia karena penyelesaian aset dan liabilitas keuangan
bahan baku gas di mana bahan baku tersebut merupakan          berdasarkan harga yang tercantum dalam kontrak jual beli
komoditas global yang harganya terpengaruh siklus dan         minyak dan gas yang ditentukan pada saat pengiriman.
berfluktuasi tergantung pada kondisi pasar global yang        Semua kontrak jual beli gas RAJA Group dengan customer
pada akhirnya dapat mempengaruhi peningkatan biaya dan        terdapat klausul back-to-back terkait harga gas sehingga
selanjutnya akan menurunkan marjin Grup.                      memitigasi saat terjadi kenaikan harga bahan baku.
Group is influenced by the risk of increasing gas raw         The operations of RAJA Group are exposed to raw material
material prices, where the raw material is a global           risks related to fluctuations in prices of commodities traded
commodity whose price is influenced by cycles and             in the global oil and gas markets. However, financial assets
fluctuates depending on global market conditions, which       and liabilities are not significantly exposed to fluctuations in
ultimately can affect cost increases and subsequently         global oil and gas prices because the settlement of financial
reduce the Group's margin.                                    assets and liabilities is based on prices specified in oil and
                                                              gas sales contracts determined at the time of delivery. All
                                                              gas sales contracts of RAJA Group with customers contain
                                                              back-to-back clauses related to gas prices, thus mitigating
                                                              the impacts of increases in raw material prices.


Risiko Likuiditas
Liquidity Risk

                                                              •    Mempertahankan saldo kas yang dihasilkan dari arus
                                                                   kas internal;
                                                              •    Memastikan ketersediaan sumber pendanaan yang
                                                                   cukup dari fasilitas kredit yang diperoleh;
                                                              •    Melakukan pengelolaan tenor pembayaran; serta
Terjadi jika Perseroan dan Entitas Anak tidak memiliki arus
                                                              •    Mempertahankan kebijakan penagihan hasil penjualan
kas yang cukup untuk memenuhi kegiatan operasional dan
                                                                   secara intensif dengan mempertimbangkan kondisi dan
liabilitas keuangan pada saat jatuh tempo.
                                                                   perencanaan di masa yang akan datang.
Occurs if the Company and its Subsidiaries do not have
                                                              •    Maintaining cash balances generated from internal cash
sufficient cash flows to meet operational activities and
                                                                   flows;
financial liabilities when due.
                                                              •    Ensuring the availability of sufficient funding sources
                                                                   from credit facilities obtained;
                                                              •    Managing payment tenors; and
                                                              •    Maintaining an intensive sales collection policy
                                                                   considering current conditions and future planning.

Risiko Nilai Tukar
Exchange Rate Risk

                                                              Perseroan berusaha untuk menyamakan mata uang
                                                              penerimaan dengan mata uang pembayaran. Dalam hal
                                                              penggunaan mata uang yang tidak sesuai karena mengikuti
Timbul karena adanya perubahan nilai tukar mata uang
                                                              aturan yang dikeluarkan oleh pemerintah, Perseroan
Rupiah terhadap Dolar sehingga dapat memengaruhi
                                                              melakukan konversi ke mata uang pembayaran di hari yang
pendapatan dan laba perusahaan.
                                                              sama atau mencari nilai tukar dengan selisih terkecil.
Arises due to changes in the exchange rate of the Rupiah
                                                              The Company strives to match receipt currencies with
currency against the Dollar, which can affect the Company's
                                                              payment currencies. In cases where currencies are not
revenues and profits.
                                                              matched due to government regulations, the Company
                                                              converts to payment currencies on the same day or seeks the
                                                              smallest exchange rate difference.




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Tinjauan Efektivitas Sistem Manajemen Risiko                Review of Risk Management System Effectiveness

Efektifitas penurunan risiko merupakan tingkat              Risk reduction effectiveness is the level of success in
keberhasilan pengelolaan risiko dalam menurunkan            managing risks to reduce inherent risk levels to lower
level risiko yang melekat (risiko inherent) menjadi level   levels as per acceptable tolerance limits. Risk management
risiko yang lebih rendah sesuai dengan Batasan toleransi    is conducted by considering risk mitigation to minimize
yang dapat diterima. Pengelolaan risiko dibuat dengan       risk outcomes. The Company periodically evaluates the
memperhatikan mitigasi risiko agar hasil risiko tersebut    implementation of the risk management system and
menjadi seminimal mungkin. Evaluasi dilakukan secara        internal control system.
berkala oleh Perseroan atas implementasi sistem
manajemen risiko dan sistem pengendalian internal.

Pernyataan Dewan Komisaris Dan Direksi Atas                 Statement of the Board of Commissioners and
Kecukupan Sistem Manajemen Risiko                           Board of Directors on the Adequacy of the Risk
                                                            Management System

Direksi bertanggung jawab dalam implementasi                The Board of Directors is responsible for implementing
manajemen risiko yang terintegrasi secara efektif.          effective integrated risk management. The Company
Perseroan melaksanakan berbagai langkah pengendalian        implements various risk control and management mea-
dan manajemen risiko guna meminimalkan dampak               sures to minimize negative impacts on its business. In
negatif pada bisnisnya. Dalam hal ini, Dewan Komisaris      this regard, the Board of Commissioners and Board of
dan Direksi melakukan evaluasi terhadap pelaksanaan         Directors evaluate the implementation of the risk man-
sistem manajemen risiko yang telah dilakukan dengan hasil   agement system, resulting in the implementation efforts
upaya pelaksanaan sistem manajemen risiko Perseroan         of the Company’s risk management system are optimal.
berjalan optimal.

PERKARA PENTING DAN SANKSI ADMINISTRATIF                    SIGNIFICANT CASES AND ADMINISTRATIVE
                                                            SANCTIONS
Perkara Penting
                                                            Significant Cases

Pada tahun 2023, Perseroan dan Entitas Anak serta           In 2023, the Company and its Subsidiaries, as well as the
Dewan Komisaris dan Direksi yang menjabat tidak             serving Board of Commissioners and Board of Directors, did
menghadapi perkara penting dari pihak mana pun              not face significant cases from any party that could have
yang dapat menimbulkan dampak material, baik dalam          material consequences, both in civil and criminal matters.
permasalahan perdata maupun pidana.

Sanksi Administratif                                        Administrative Sanctions

Selama tahun 2023, tidak terdapat sanksi administrative     During 2023, there were no material administrative
material yang mempengaruhi kelangsungan usaha               sanctions affecting the continuity of the Company and
Perseroan dan Entitas Anak serta tidak terdapat sanksi      its Subsidiaries, and no administrative sanctions were
administratif yang dikenakan kepada anggota Direksi         imposed on members of the Board of Directors or mem-
maupun anggota Dewan Komisaris.                             bers of the Board of Commissioners.




PT Rukun Raharja Tbk                                                     Annual Report 2023                      232
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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




KODE ETIK & BUDAYA
CODE OF CONDUCT & CULTURE


Kode Etik Rukun Raharja mengatur hubungan kerja Dewan          The Rukun Raharja Code of Conduct regulates the working
Komisaris, Direksi, karyawan, pelanggan, mitra usaha, dan      relationships of the Board of Commissioners, Board of Directors,
pemangku kepentingan lain. Tujuannya untuk membangun           employees, customers, business partners, and other stakeholders.
lingkungan kerja yang mengutamakan kepatuhan terhadap          Its aim is to build a work environment that prioritizes compliance
peraturan perundang-undangan dan sesuai dengan prin-           with laws and regulations and adheres to GCG principles.
sip-prinsip GCG.



                                               Penyebarluasan Kode Etik:
                                          Dissemination of the Code of Conduct:




           Penyebarluasan Kode Etik dimulai pada 26 Januari 2016 melalui situs web internal, media yang dimiliki
                                  Perseroan serta buku saku saat orientasi karyawan baru.
            The dissemination of the Code of Conduct began on January 26, 2016, through the Company’s internal
                    website, Company-owned media, and pocketbooks during new employee orientations.




ISI ATAU MUATAN                                                CONTENTS

Pedoman Kode Etik Perusahaan telah disahkan oleh Dewan         The Company’s Code of Conduct has been ratified by the
Komisaris dan Direksi. Pedoman Etika Perusahaan (Code of       Board of Commissioners and the Board of Directors. This
Conduct) ini disusun dengan sistematika sebagai berikut:       Code of Conduct is structured as follows:


                                                      Isi Kode Etik
                                             Contents of the Code of Conduct

 Etika Usaha                   Komitmen Perseroan
 Business Ethics               Company Commitment

 Hubungan dengan Karyawan      •    Menjalankan kewajiban ketenagakerjaan sebagaimana diatur dalam Undang-Undang;
 Relationship with Employees   •    Menerapkan sistem dan prosedur ketenagakerjaan yang menunjang kontribusi karyawan
                                    dalam pencapaian Visi dan Misi Perseroan, tanpa memandang jenis kelamin, suku, ras,
                                    agama, ataupun kelompok.
                               •    Fulfilling employment obligations as regulated by the Law;
                               •    Implementing employment systems and procedures that support employee contributions
                                    to achieving the Company's Vision and Mission, regardless of gender, ethnicity, race,
                                    religion, or group.

 Hubungan dengan               •    Menyampaikan produk dan jasa terbaik sesuai dengan komitmen yang telah disepakati
 Pelanggan                          bersama;
 Relationship with Customers   •    Memperhatikan pandangan pelanggan dan memberikan tanggapan sesegera mungkin.
                               •    Providing the best products and services as agreed commitments;
                               •    Paying attention to customer views and responding promptly.

 Hubungan dengan Pemasok       •    Menerapkan sistem dan prosedur yang sama untuk semua pemasok;
 Relationship with Suppliers   •    Menjalankan prinsip keterbukaan dalam semua tahapan pengadaan barang dan jasa.
                               •    Applying the same systems and procedures to all suppliers;
                               •    Conducting open procurement principles at all stages of procurement of goods and
                                    services.




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                                                     Isi Kode Etik
                                            Contents of the Code of Conduct

 Hubungan dengan Pesaing       •   Menerapkan prinsip persaingan secara sehat sesuai peraturan perundangan;
 Relationship with             •   Menghargai keberadaan pesaing dan memelihara hubungan baik sesuai peraturan
 Competitors                       perundang-undangan.
                               •   Applying healthy competition principles in accordance with laws and regulations;
                               •   Respecting the presence of competitors and maintaining good relations in accordance
                                   with laws and regulations.

 Hubungan dengan               •   Menerapkan prinsip tata kelola perusahaan yang baik sesuai peraturan perundangan;
 Pemerintah                    •   Menjalankan semua ketentuan dan peraturan yang diprasyaratkan dalam menjalankan
 Relationship with                 usaha Perseroan.
 Government                    •   Applying good corporate governance principles in accordance with laws and regulations;
                               •   Complying with all provisions and regulations required to conduct the Company's
                                   business.

 Hubungan dengan               •   Menghormati adat istiadat setempat; dan
 Masyarakat Sekitar            •   Berpartisipasi dalam kegiatan-kegiatan yang meningkatkan nilai sosial Perseroan.
 Relationship with the         •   Respecting local customs and traditions and
 Surrounding Community         •   Participating in activities that enhance the Company's social value.


 Hubungan dengan Pemilik       •   Memberikan laporan keadaan Perseroan secara transparan, akurat, dan lengkap
 Modal                             sepanjang tidak bertentangan dengan kepentingan Perseroan;
 Relationship with             •   Membina hubungan baik melalui penerapan perlakuan yang sama sesuai dengan
 Shareholders                      ketentuan Anggaran Dasar Perseroan dan peraturan perundangan yang berlaku.
                               •   Providing transparent, accurate, and complete reports on the Company's condition as
                                   long as it does not conflict with the Company's interests;
                               •   Fostering good relationships through the application of equal treatment according to the
                                   Company's Articles of Association and applicable laws and regulations.

 Hubungan dengan Entitas       •   Menerapkan sistem dan prosedur pada Entitas Anak dan perusahaan patungan dengan
 Anak/Perusahaan Patungan          sistem dan prosedur Perseroan; dan
 Relationship with             •   Memastikan bahwa operasional dari Entitas Anak dan perusahaan patungan memberikan
 Subsidiaries/Joint Ventures       nilai tambah bagi Perseroan dan menjamin keberlangsungan usaha Perseroan.
                               •   Implementing systems and procedures in subsidiaries and joint ventures with the
                                   Company's systems and procedures and
                               •   Ensuring that the operations of subsidiaries and joint ventures add value to the Company
                                   and ensure the Company's business sustainability.

 Hubungan dengan Media         •   Menerapkan sistem satu pintu untuk menjamin akurasi dan keabsahan informasi yang
 Relationship with the Media       diberikan kepada media; dan
                               •   Menerima masukan dari kalangan media dengan memperhatikan aspek risiko bagi
                                   Perseroan.
                               •   Implementing a single-window system to ensure the accuracy and validity of information
                                   provided to the media and
                               •   Accepting input from the media while considering the risks to the Company.

 Etika Kerja                   Komitmen Perseroan
 Work Ethics                   Company Commitment

 Kepatuhan terhadap Hukum      •   Menaati semua peraturan perundang-undangan dan segala ketentuan terkait yang
 Compliance with the Law           mengatur hak dan kewajiban sebagai warga negara yang baik;
                               •   Menaati semua ketentuan dalam Peraturan Perusahaan dan/atau ketentuan-ketentuan
                                   lain yang dikeluarkan oleh Perseroan.
                               •   Complying with all laws and regulations and related provisions governing rights and
                                   obligations as good citizens;
                               •   Complying with all provisions in the Company's Regulations and/or other provisions
                                   issued by the Company.




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                                                 TATA KELOLA PERUSAHAAN
                                                 CORPORATE GOVERNANCE




                                                      Isi Kode Etik
                                             Contents of the Code of Conduct

Benturan Kepentingan            •   Tidak terlibat dalam usaha apapun yang berpotensi menimbulkan benturan kepentingan
Conflict of Interest                dengan Perseroan;
                                •   Melaporkan kepada Unit Kepatuhan apabila menemukan adanya potensi dirinya bila
                                    menghadapi benturan kepentingan Perseroan.
                                •   Not being involved in any activities that may potentially create conflicts of interest with
                                    the Company;
                                •   Reporting to the Compliance Unit if there is a potential conflict of interest with the
                                    Company.

Memberi dan Menerima            •   Tidak memberi atau menerima sesuatu yang bertentangan dengan fungsi kewajiban
Giving and Receiving                dirinya sebagai insan Perseroan;
                                •   Menggunakan pendapatan Perseroan hanya untuk kepentingan operasional Perseroan.
                                •   Not giving or receiving anything contrary to his/her function/duties and obligations as a
                                    Company personnel;
                                •   Using the Company's revenues only for the Company's operational needs.

Kerahasiaan                     •   Tidak membicarakan informasi atau data yang bersifat material kepada siapa pun
Confidentiality                     termasuk anggota keluarganya; dan
                                •   Mencari informasi dan data-data yang dikeluarkan secara resmi sesuai peraturan terkait
                                    hanya untuk kepentingan Perseroan.
                                •   Not discussing material information or data with anyone, including family members; and
                                •   Seeking information and data officially issued according to related regulations only for
                                    the Company's interests.

Pengawasan dan                  •   Melakukan pembelian dan pemanfaatan aset-aset Perseroan secara efektif dan efisien
Penggunaan Aset                     semata-mata untuk kepentingan Perseroan; dan
Supervision and Use of          •   Melaporkan indikasi pelanggaran dalam pemanfaatan aset Perseroan.
Assets                          •   Purchasing and utilizing the Company assets effectively and efficiently solely for the
                                    Company's interests and
                                •   Reporting indications of violations in the utilization of the Company's assets.

Kesehatan dan Keselamatan       •   Menciptakan dan memelihara lingkungan kerja yang sehat dan aman, serta mencegah
Kerja                               timbulnya potensi kecelakaan di tempat bekerja; dan
Occipational Health and         •   Memahami dengan benar standar dan prosedur kesehatan dan keselamatan kerja yang
Safety                              diterapkan Perseroan.
                                •   Creating and maintaining a healthy and safe work environment, and preventing potential
                                    accidents in the workplace; and
                                •   Understanding the standards and procedures of occupational health and safety applied
                                    by the Company.

Hubungan dengan Rekan           •   Menjaga keharmonisan hubungan kerja tanpa memandang suku, ras, agama, jenis
Kerja                               kelamin, dan perbedaan kelompok; serta
Relationship with Colleagues    •   Menjaga kewibawaan insan Perseroan baik di dalam maupun di luar Perseroan.
                                •   Maintaining harmonious work relationships regardless of ethnicity, race, religion, gender,
                                    and group differences; and
                                •   Maintaining the credibility of Company personnel both inside and outside the Company.




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Pemberlakukan Kode Etik Dan Sosialisasi                      Enforcement of the Code of Conduct and Socialization

Sejak 26 Januari 2016, Rukun Raharja telah menjalankan       Since January 26, 2016, Rukun Raharja has implemented
inisiatif penyebaran Kode Etik melalui serangkaian kegia-    initiatives to disseminate the Code of Conduct through
tan internal. Salah satu bentuk sosialisasi yang dilakukan   a series of internal activities. One form of socialization
adalah pembagian Buku Saku Kode Etik bagi karyawan           is the distribution of the Code of Conduct Pocketbook
baru yang tengah menjalani program orientasi. Pengenalan     to new employees undergoing orientation programs.
Kode Etik juga dilakukan melalui laman web internal          The introduction of the Code of Conduct is also done
serta media lainnya yang dimiliki oleh Rukun Raharja.        through the internal website and other media owned by
Kode Etik wajib dipatuhi oleh seluruh insan Perseroan        Rukun Raharja. The Code of Conduct must be complied
dengan menandatangani Pernyataan Kepahaman yang              with by all Company personnel by signing a Statement
dikoordinasi oleh Departemen Human Resources.                of Understanding coordinated by the Human Resources
                                                             Department.



Penegakan                                                    Enforcement

Penerapan Kode Etik berlaku bagi seluruh jajaran             The implementation of the Code of Conduct applies to all
Perusahaan, tanpa terkecuali, mulai dari Dewan Komisaris,    levels of the Company, without exception, from the Board
Direksi, Karyawan, dan individu lain yang terkait dengan     of Commissioners, Board of Directors, Employees, and
bisnis Perusahaan. Penegakan Kode Etik dilakukan             other individuals associated with the Company’s business.
dengan cara menandatangani pernyataan telah menerima,        Enforcement of the Code of Conduct is done by signing
memahami, dan setuju untuk mematuhi Pedoman Etika            a statement of receipt, understanding, and agreement to
Perusahaan (Code of Conduct).                                comply with the Company’s Code of Conduct.

Penerapan Kode Etik ini juga membutuhkan kesadaran           The implementation of the Code of Conduct also requires
pribadi seluruh insan Perusahaan dalam aktivitas sehari-     the personal awareness of all Company personnel in daily
hari. Sebagai bentuk tanggung jawab penerapan kode           activities as a form of responsibility for implementing the
etik antara lain kesediaan insan Perusahaan untuk mel-       Code of Conduct, among other things, the willingness
aporkan atau mengonsultasikan tindakan pelanggaran           of Company personnel to report or consult on actions
Kode Etik tersebut. Dugaan pelanggaran terhadap kode         that violate the Code of Conduct. Alleged violations of
etik di Perusahaan wajib dilaporkan kepada Direksi,          the Code of Conduct in the Company must be reported
Dewan Komisaris, maupun Pimpinan unit kerja yang             to the Board of Directors, the Board of Commissioners,
membidangi Personalia. Melalui mekanisme pelaporan           or the Personnel Unit Head. Through the mechanism of
dugaan pelanggaran, Perusahaan menjamin perlindungan         reporting alleged violations, the Company guarantees the
dan kerahasiaan identitas pelapor.                           protection and confidentiality of the reporter’s identity.

Pelanggaran dan Sanksi                                       Violations and Sanctions

Sanksi diberikan kepada setiap pihak yang terbukti melaku-   Sanctions, in the form of warnings, summonses, salary
kan pelanggaran Kode Etik berupa teguran, pemanggilan,       deductions, or termination of employment, are given to
pemotongan gaji, hingga pemutusan hubungan kerja. Pada       any party proven to have violated the Code of Conduct. In
2023, Departemen Human Resources tidak menerima              2023, the Human Resources Department did not receive
laporan pelanggaran Kode Etik.                               reports of Code of Conduct violations.




PT Rukun Raharja Tbk                                                      Annual Report 2023                       236
Page 237
                                                  TATA KELOLA PERUSAHAAN
                                                  CORPORATE GOVERNANCE




Budaya Perusahaan                                                 Corporate Culture

Perseroan berupaya untuk terus menciptakan semangat               The Company strives to continuously foster employee
kerja karyawan melalui penerapan Budaya Perusahaan/               morale through the implementation of the Corporate
Nilai Perusahaan, yaitu “CREATe”.                                 Culture/Corporate Values, namely “CREATe”.




           KREATIVITAS
           Kemampuan untuk berkreasi secara berkualitas dan terus menerus dalam mencari gagasan dan cara baru guna
           memberikan hasil yang terbaik. Hal ini menjadi penting mengingat kreativitas yang tinggi, terutama dalam
           usaha pengadaan energi, sangat diperlukan dalam situasi kompetisi yang ketat.
           CREATIVITY


   C
           The ability to create quality and continuously seek new ideas and ways to produce the best results. This is
           important considering the high level of creativity, especially in the energy procurement business, which is highly
           needed in competitive situations.

           KEHORMATAN
           Kualitas dari kelayakan, ketepatan, etika, dan integritas untuk mendapatkan kepercayaan serta penghargaan
           dalam berusaha. Kehormatan secara positif diperlukan mengingat dunia investasi memerlukan kepercayaan
           tinggi dari investor serta mitra usaha.
           RESPECTABILITY


   R
           The quality of eligibility, accuracy, ethics, and integrity to gain trust and recognition in endeavors. Respectability
           is positively necessary, considering that the investment world requires high trust from investors and business
           partners.

           KEUNGGULAN
           Upaya yang luar biasa dan konsisten dalam memberikan hasil serta menjalankan usaha dengan kualitas yang
           terbaik. Hal ini menjadi penting sebab produk dan jasa yang tidak mempunyai keunggulan tidak akan memiliki
           daya tarik bagi para mitra maupun calon mitra bisnis.
           EXCELLENCE


   E
           Excellent and consistent efforts in delivering results and conducting business with the highest quality. This
           is important because products and services without excellence will not attract partners or potential business
           partners.

           KECOCOKAN
           Kemampuan untuk melakukan perubahan secara efektif guna menanggapi situasi yang berubah-ubah.
           Kemampuan ini diperlukan oleh Perseroan guna menyesuaikan diri dengan berbagai perubahan situasi dan
           kondisi, serta dengan berbagai macam rekanan/mitra.


  A
           ADAPTABILITY
           The ability to effectively change in response to changing situations. This ability is required by the Company to
           adapt to various changes in situations and conditions, as well as with various partners.

           KERJA SAMA
           Kemampuan bekerja sama dengan orang lain untuk mencapai target yang telah ditetapkan. Kerja sama yang
           baik di dalam organisasi maupun dengan organisasi mitra usaha sangat vital pengaruhnya dalam menghasilkan
           output Perseroan.


 Te
           TEAMWORK
           The ability to work together with others to achieve set targets. Good collaboration within the organization and
           with business partner organizations is vital in influencing the Company's outputs.




237                   Laporan Tahunan 2023                                                           PT Rukun Raharja Tbk
Page 238
P ROG R A M K E P E M I L I K A N SA H A M O L E H         EMPLOYEE AND MANAGEMENT STOCK OPTION
KARYAWAN DAN MANAJEMEN (ESOP/MSOP)                         PROGRAMS (ESOP/MSOP)

Sepanjang tahun 2023, Perseroan tidak memiliki program     Throughout 2023, the Company did not have an Employee
Kepemilikan Saham oleh Karyawan dan Manajemen atau         Stock Option Program (ESOP) or Management Stock
Employee Stock Option Program (ESOP) dan Management        Option Program (MSOP).
Stock Option Program (MSOP).

KEBIJAKAN PENGUNGKAPAN INFORMASI                           INFORMATION DISCLOSURE POLICY

Berdasarkan ketentuan POJK No. 11/POJK.04/2017 tentang     Based on POJK No. 11/POJK.04/ 2017 regarding Reports
Laporan Kepemilikan atau Setiap Perubahan Kepemilikan      on Ownership or Any Changes in Ownership of Shares
Saham Perusahaan Terbuka, Dewan Komisaris dan Direksi      of Public Companies, the Board of Commissioners and
wajib melaporkan kepada Otoritas Jasa Keuangan atas        Board of Directors are obliged to report to the Financial
kepemilikan dan setiap perubahan kepemilikan saham         Services Authority on the ownership and any changes
Perseroan. Atas ketentuan OJK ini, Perseroaan tunduk dan   in ownership of the Company’s shares. Under this OJK
patuh mengikuti ketentuan yang berlaku, serta secara       regulation, the Company is subject to and complies with
tertib melaporkan kepada OJK terkait kepemilikan dan       the applicable provisions and dutifully reports to the OJK
setiap perubahan kepemilikan saham yang terjadi.           regarding ownership and any changes in share ownership.

Terkait informasi kepemilikan saham Perseroan oleh         Regarding the information on the Company’s share
Anggota Dewan Komisaris dan Direksi, sebagaimana wujud     ownership by members of the Board of Commissioners
pelaksanaan atas kebijakan pengungkapan informasi          and Board of Directors, as a form of implementation of
berdasarkan ketentuan POJK No. 11/ POJK.04/2017 tentang    the information disclosure policy based on the provisions
Laporan Kepemilikan atau Setiap Perubahan Kepemilikan      of POJK No. 11/POJK.04/2017 concerning the Report on
Saham Perusahaan Terbuka, dapat dilihat pada Bab Profil    Ownership or Any Changes in Ownership of Shares of
Perusahaan dalam buku Laporan Tahunan ini.                 Public Companies, it can be seen in the Company Profile
                                                           chapter in this Annual Report.




PT Rukun Raharja Tbk                                                    Annual Report 2023                      238
Page 239
                                                TATA KELOLA PERUSAHAAN
                                                CORPORATE GOVERNANCE




AKSES DAN KETERBUKAAN INFORMASI
INFORMATION ACCESS AND DISCLOSURE


Perseroan berkomitmen untuk menerapkan prinsip                The Company is committed to implementing the principle
keterbukaan informasi, baik informasi internal maupun         of information disclosure, both internal and external.
eksternal. Perseroan memberikan akses informasi terbuka       The Company provides open access to information for
bagi pemegang saham dan stakeholders lain. Tujuannya          shareholders and other stakeholders. The aim is to enable
agar pihak yang berkepentingan dapat memperoleh               interested parties to obtain comprehensive information
informasi yang komprehensif terkait kinerja Perusahaan        regarding the Company’s performance in accordance
sesuai dengan ketentuan peraturan perundang-undangan          with applicable laws and regulations.
yang berlaku.

Perusahaan menyediakan akses informasi Perusahaan             The Company provides access to internal and external
baik internal maupun eksternal melalui berbagai media.        information through various media. In external
Pada komunikasi eksternal, Perusahaan menyediakan             communications, the Company provides access to company
layanan akses informasi dan data perusahaan melalui           information and data through the Company’s website at
situs web perusahaan di alamat www.raja.co.id                 www.raja.co.id.

Pemangku kepentingan juga dapat melakukan                     Stakeholders can also correspond via:
korespondensi melalui:




                                                                                        (+6221) 2929 1053

Office Park Thamrin Residences
Blok A No. 01-05
Jl. Thamrin Boulevard                                                                    corsec@raja.co.id
Kel. Kebon Melati, Kec Tanah Abang
Jakarta Pusat, 10230

                                                                                          www.raja.co.id




Selain itu, Perusahaan juga senantibasa menciptakan           In addition, the Company continuously creates two-
komunikasi dua arah kepada karyawan melalui berbagai          way communication with employees through various
media komunikasi dalam rangka menciptakan iklim               communication media to create a conducive internal
komunikasi internal yang kondusif untuk mendukung             communication climate to support performance
pencapaian kinerja.                                           achievement.




239                      Laporan Tahunan 2023                                                PT Rukun Raharja Tbk
Page 240
PENGADAAN BARANG DAN JASA
PROCUREMENT OF GOODS AND SERVICES


Penyediaan barang dan jasa di Perseroan dilakukan melalui                  The procurement of goods and services in the Company
sistem yang terintegrasi serta menjunjung tinggi prinsip,                  is carried out through an integrated system that upholds
kebijakan perusahaan, dan peraturan perundang-undangan                     the principles, company policies, and applicable laws and
yang berlaku. Proses Penyediaan barang dan jasa yang                       regulations. The procurement process includes financial,
dimaksudkan meliputi bidang keuangan, pembelian, dan                       purchasing, and provisioning areas in all Subsidiaries.
juga penyediaan pada semua Entitas Anak. Tujuan dari                       The purpose of implementing this system is to facilitate
penerapan sistem ini adalah untuk memudahkan pen-                          decision-making, ensure the availability of accurate
gambilan keputusan, memastikan ketersediaan data yang                      data, and strengthen supervision of the procurement of
akurat, dan memperkuat pengawasan terhadap penyediaan                      goods and services and reporting. The Company routinely
barang dan jasa serta pelaporannya. Perusahaan secara                      supervises this system to create business efficiency.
rutin melakukan pengawasan terhadap sistem ini untuk
menciptakan efisiensi usaha.




SISTEM PELAPORAN PELANGGARAN
WHISTLEBLOWING SYSTEM

Sistem Pelaporan Pelanggaran (Whistleblowing System/                       The Whistleblowing System (WBS) is a system that
WBS) adalah sistem yang mengelola pengaduan/peny-                          manages complaints/disclosures regarding illegal behavior,
ingkapan mengenai perilaku melawan hukum, perbuatan                        unethical/malpractice, conduct in secrecy, anonymity, and
tidak etis/tidak semestinya secara rahasia, anonim dan                     independently used to optimize the role of the Company’s
mandiri yang digunakan untuk mengoptimalkan peran                          personnel and others in disclosing violations that occur
serta Insan Perseroan dan pihak lainnya dalam mengung-                     within the Company.
kapkan pelanggaran yang terjadi di lingkungan Perseroan.

Pedoman WBS telah diatur dalam Keputusan Direksi                           The WBS Manual has been regulated by the Company’s
Perseroan. Sosialisasi WBS juga dilakukan melalui email                    Board of Directors Decree. WBS socialization is also carried
yang dikirimkan ke semua Karyawan dengan tujuan agar                       out via email sent to all employees to raise awareness of
timbul kesadaran terkait Whistleblowing System dan                         the Whistleblowing System and motivate them to prevent
termotivasi untuk mencegah tindak kecurangan dalam                         fraud in the Company.
Perusahaan.


                                   Sistem pelaporan pelanggaran (whistleblowing system/WBS) merupakan
                                      sistem yang mampu mengendalikan tindak pelanggaran Kode Etik
                                      maupun pelanggaran hukum yang terjadi di lingkungan Perseroan.
                                    Violation Reporting System (Whistleblowing System/WBS) is a system
                                   that can control violations of the Code of Conduct or legal violations that
                                                           occur within the Company.




     Perseroan senantiasa memberikan perlindungan terhadap                        Jika menemukan tindak pelanggaran, dapat dilaporkan
      pelapor dengan menjamin kerahasiaan identitas pelapor                         kepada Unit Kepatuhan yang ditunjuk sebagai pihak
      sesuai dengan ketentuan peraturan yang berlaku untuk                      pengelola melalui telepon ataupun e-mail. Pengaduan akan
              menumbuhkan rasa aman bagi pelapor                                  diproses jika didukung dengan bukti yang terverifikasi.
       The Company always provides protection to reporters/                          If violations are found, they can be reported to the
        whistleblower by ensuring the confidentiality of the                      Compliance Unit designated as the managing party via
       whistleblower’s identity in accordance with applicable                   telephone or email. Reports will be processed if supported
    regulations to foster a sense of security for whistleblowers.                                    by verified evidence.




PT Rukun Raharja Tbk                                                                       Annual Report 2023                            240
Page 241
                                                  TATA KELOLA PERUSAHAAN
                                                  CORPORATE GOVERNANCE




Penanganan                                                      Handling

Penanganan pelaporan pelanggaran dilakukan dengan               Handling violation reports is carried out with principles of
memegang prinsip kerahasiaan dan keamanan terhadap              confidentiality and security for the whistleblower. Every
pelapor. Setiap pelapor yang memberikan indikasi dan/           whistleblower who provides indications and/or initial
atau bukti awal terkait pelanggaran akan diproses untuk         evidence of violations will be processed for violation
penyelesaian pelanggaran. Apabila hasil investigasi terbukti    resolution. If the investigation results prove disciplinary
adanya pelanggaran disiplin oleh insan Perusahaan, maka         violations by Company personnel, they may be processed
dapat diproses sesuai dengan peraturan yang berlaku.            according to applicable regulations.

Pengenaan sanksi yang tegas dan konsisten kepada terlapor       The imposition of strict and consistent sanctions on
yang terbukti bersalah, diharapkan dapat memberikan             offenders who are proven guilty is expected to have a
efek jera serta tidak menutup kemungkinan kepada pihak          deterrent effect and not preclude the possibility of others
lain yang memiliki niat melakukan pelanggaran. Selain           intending to commit violations. Additionally, the received
itu laporan yang diterima dapat menjadi masukan untuk           reports can serve as input for system improvements for
perbaikan sistem bagi Perusahaan agar dapat menjadi             the Company to become even better.
lebih baik lagi.

Perlindungan                                                    Protection

Perseroan menjamin Perlindungan pelapor dan tertuang            The Company guarantees protection for the whistleblower
dalam Perjanjian Kerja Bersama, yang mengatur                   as stipulated in the Collective Labor Agreement, which
kerahasiaan identitas Pelapor dan hal-hal yang dilaporkan,      regulates the confidentiality of the whistleblower’s identity
perlindungan hukum atas akibat yang muncul setelah              and reported matters, legal protection for consequences
Pelaporan, perlindungan terhadap ancaman fisik yang             arising after reporting, protection against physical threats
datang kepada Pelapor, serta jaminan tidak mendapatkan          to the whistleblower, and assurance against personnel
diskriminasi kepersonaliaan seperti hambatan dalam              discrimination such as obstacles in career advancement.
jenjang karir. Perusahaan juga akan memberikan ancaman          The Company will also issue a threat of termination to
PHK kepada atasan yang memberikan sanksi kepada                 superiors who impose sanctions on whistleblowers.
Pelapor.

Sosialisasi Dan Evaluasi                                        Socialization and Evaluation

Perusahaan melaksanakan sosialisasi WBS kepada                  The Company conducts WBS socialization to all Company
seluruh Insan Perusahaan untuk memberikan pemahaman             personnel to provide an understanding of the policy and
atas kebijakan dan mekanisme Pelaporan Pelanggaran.             mechanisms of violation reporting. This socialization is also
Sosialisasi tersebut juga dilakukan kepada stakeholders         conducted for other stakeholders. The evaluation of the
lainnya. Sedangkan terkait evaluasi terhadap Pedoman            Whistleblowing System Manual is carried out periodically
Sistem Pelaporan Pelanggaran (Whistleblowing System)            according to needs and developments.
dilakukan secara berkala sesuai dengan keperluan dan
perkembangan yang terjadi.

Hasil Pengaduan Dan Sanksi                                      Results of Complaints and Sanctions

Sepanjang tahun 2023, Perusahaan tidak menerima                 Throughout 2023, the Company did not receive new
pengaduan baru melalui Whistleblowing System serta              complaints through the Whistleblowing System, and there
tidak ada proses pengaduan yang terbawa dari tahun              were no complaint processes carried over from the previous
sebelumnya melalui Email. Sehingga tidak terdapat sanksi/       year via Email. Thus, there were no sanctions/follow-ups
tindak lanjut atas pengaduan yang telah selesai diproses.       for complaints that had been processed.Gratification




241                     Laporan Tahunan 2023                                                     PT Rukun Raharja Tbk
Page 242
PENGENDALIAN GRATIFIKASI DAN KOMITMEN
ANTI KORUPSI
GRATIFICATION CONTROL AND ANTI-CORRUPTION
COMMITMENT


Kebijakan Pengendalian Gratifikasi dan Anti Korupsi        Control and Anti-Corruption Policy

Kebijakan terkait pengendalian gratifikasi dan komitmen    The policy regarding gratification control and anti-
anti korupsi tertuang di dalam Kode Etik Perseroan.        corruption commitment is stipulated in the Company’s
Kode etik tersebut wajib ditaati oleh seluruh insan        Code of Conduct. All Company personnel must adhere
perusahaan. Kebijakan pengendalian ini bertujuan           to the Code of Conduct. This control policy aims to create
untuk menciptakan lingkungan kerja yang sehat dan          a healthy and comfortable work environment, provide an
nyaman, memberikan pemahaman atas dampak negatif           understanding of the negative impacts of gratification and
tentang perilaku gratifikasi dan korupsi, serta menjalin   corruption behaviors, and maintain good relationships with
hubungan baik dengan pelanggan dan mitra kerja. Adapun     customers and business partners. The implementation is
implementasinya dibuktikan melalui perjanjian kerja yang   evidenced by the employment agreement accompanied
disertai penandatanganan Pakta Integritas dengan mitra     by the signing of Integrity Pacts with business partners
usaha dan pelanggan.                                       and customers.

Sosialisasi Program Pengendalian Gratifikasi dan           Socialization of the Gratification Control and Anti-
Komitmen Anti Korupsi                                      Corruption Commitment Program

Dalam memberikan pemahaman dan pembekalan                  To provide understanding and knowledge about Corruption
pengetahuan mengenai Korupsi beserta turunannya,           and its derivatives, the Company provides training and
Perseroan memberikan pelatihan dan sosialisasi bagi        socialization to Company personnel.
Insan Perseroan.



PENERAPAN ATAS PEDOMAN TATA KELOLA
PERUSAHAAN
IMPLEMENTATION OF CORPORATE GOVERNANCE GUIDELINES



Komitmen                                                   Commitment

Sebagai pelaksanaan komitmen penerapan GCG, Perseroan      As a commitment to implementing GCG, the Company
senantiasa berusaha melaksanakan pemenuhan atas            always strives to fulfill the provisions stated in the Financial
ketentuan yang tercantum dalam Surat Edaran Otoritas       Services Authority Circular Letter No. 32/SEOJK.04/2015
Jasa Keuangan No. 32/SEOJK.04/2015 tentang Penerapan       regarding the Implementation of the Corporate Governance
Pedoman Tata Kelola Perusahaan Terbuka. Adapun             Guidelines for Public Companies. The fulfillment of these
pemenuhan pedoman tersebut pada tahun 2023 dapat           Guidelines in 2023 can be explained as follows:
dipaparkan sebagai berikut:




PT Rukun Raharja Tbk                                                     Annual Report 2023                          242
Page 243
                                                TATA KELOLA PERUSAHAAN
                                                CORPORATE GOVERNANCE




Penerapan Pedoman Tata Kelola Perusahaan
Implementation of Corporate Governance Guidelines


 No   Aspek/Prinsip/Rekomendasi                                    Pemenuhan            Keterangan
      Aspect / Principle / Recommendation                          Fulfillment          Explanation

 I    Hubungan Perusahaan terbuka dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
      The relationship between the public company and shareholders in ensuring shareholders' rights

 1.   Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
      Improving the value of the holding of the General Meeting of Shareholders (GMS)

      a.   Perusahaan terbuka memiliki cara atau prosedur teknis   Terpenuhi            -
           pengumpulan suara (voting), baik secara terbuka         Fulfilled
           maupun tertutup yang mengedepankan independensi,
           dan kepentingan Pemegang Saham.
      a.   The public company has a method or technical
           procedure for voting, both openly and closed, which
           prioritizes independence and shareholders' interests.

      b.   Seluruh anggota Dewan Komisaris dan anggota Direksi     Penjelasan           Kehadiran Dewan Komisaris dalam
           Perusahaan Terbuka hadir dalam RUPS Tahunan.            Explanation          RUPST:
      b.   All members of the Board of Commissioners and the                            Bapak Rudiantara: Komisaris
           Board of Directors of the public company attended the                        Utama
           Annual General Meeting of Shareholders (AGM).                                Bapak Mohammad Arsjad Rasjid P.
                                                                                        Mangkuningrat: Komisaris
                                                                                        Bapak Rachmat Gobel: Komisaris
                                                                                        Independen

                                                                                        Kehadiran Direksi dalam RUPST:
                                                                                        Bapak Djauhar Maulidi: Direktur
                                                                                        Utama
                                                                                        Bapak M. Oka Lesmana Firdauzi:
                                                                                        Direktur
                                                                                        Bapak Sumantri: Direktur
                                                                                        Attendance of the Board of
                                                                                        Commissioners in the AGM:
                                                                                        Mr. Rudiantara: President
                                                                                        Commissioner
                                                                                        Mr. Mohammad Arsjad Rasjid P.
                                                                                        Mangkuningrat: Commissioner
                                                                                        Mr. Rachmat Gobel: Independent
                                                                                        Commissioner

                                                                                        Attendance of the Board of
                                                                                        Directors in the AGM:
                                                                                        Mr. Djauhar Maulidi: President
                                                                                        Director
                                                                                        Mr. M. Oka Lesmana Firdauzi:
                                                                                        Director
                                                                                        Mr. Sumantri: Director


      c.   Ringkasan risalah RUPS tersedia dalam situs web         Terpenuhi            -
           perusahaan terbuka paling sedikit selama 1 (satu)       Fulfilled
           tahun.
      c.   A summary of the minutes of the AGM is available on
           the company's website for a minimum of 1 (one) year.




243                   Laporan Tahunan 2023                                                       PT Rukun Raharja Tbk
Page 244
 No    Aspek/Prinsip/Rekomendasi                                      Pemenuhan          Keterangan
       Aspect / Principle / Recommendation                            Fulfillment        Explanation

 2.    Meningkatkan Kualitas Komunikasi Perusahaan terbuka dengan Pemegang Saham atau Investor
       Improving the quality of communication between the public company and shareholders or investors

       a.   Perusahaan terbuka memiliki suatu kebijakan               Terpenuhi          -
            komunikasi dengan Pemegang Saham atau investor.           Fulfilled
       a.   The public company has a communication policy with
            shareholders or investors.

       b.   Perusahaan terbuka mengungkapkan kebijakan                Terpenuhi          -
            komunikasi perusahaan terbuka dengan Pemegang             Fulfilled
            Saham atau investor dalam situs web.
       b.   The Public Company discloses its communication policy
            with shareholders or investors on its website.

 II.   Fungsi dan Peran Dewan Komisaris
       Functions and Roles of the Board of Commissioners

 3.    Memperkuat Keanggotaan dan Komposisi Dewan Komisaris.
       Strengthening the Membership and Composition of the Board of Commissioners.


       a.   Penentuan jumlah anggota Dewan Komisaris                  Terpenuhi          -
            mempertimbangkan kondisi perusahaan terbuka.              Fulfilled
       b.   The determination of the number of members of the
            Board of Commissioners considers the condition of the
            public company.

       b.   Penentuan komposisi anggota Dewan Komisaris               Terpenuhi          -
            memperhatikan keberagaman keahlian, pengetahuan,          Fulfilled
            dan pengalaman yang dibutuhkan.
       b.   The determination of the composition of the Board of
            Commissioners considers the diversity of expertise,
            knowledge, and experience needed.

 4.    Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris.
       Improving the quality of the implementation of duties and responsibilities of the Board of Commissioners.

       a.   Dewan Komisaris mempunyai kebijakan penilaian             Terpenuhi          -
            sendiri (self­-assessment) untuk menilai kinerja Dewan    Fulfilled
            Komisaris.
       a.   The Board of Commissioners has a self-assessment
            policy to assess the performance of the Board of
            Commissioners.

       b.   Kebijakan penilaian sendiri (self-assessment) untuk       Terpenuhi          -
            menilai kinerja Dewan Komisaris, diungkapkan melalui      Fulfilled
            Laporan Tahunan perusahaan terbuka.
       b.   The self-assessment policy for assessing the
            performance of the Board of Commissioners is disclosed
            through the Annual Report of the public company.

       c.   Dewan Komisaris mempunyai kebijakan terkait               Terpenuhi          -
            pengunduran diri anggota Dewan Komisaris apabila          Fulfilled
            terlibat dalam kejahatan keuangan.
       c.   The Board of Commissioners has a policy regarding the
            resignation of Board of Commissioners members if they
            are involved in financial crimes.

       d.   Dewan Komisaris atau Komite yang menjalankan fungsi       Terpenuhi          -
            Nominasi dan Remunerasi menyusun kebijakan suksesi        Fulfilled
            dalam proses nominasi anggota Direksi.
       d.   The Board of Commissioners or the Committee that
            oversees the nomination and remuneration function
            formulates a succession policy in the process of
            nominating members of the Board of Directors.




PT Rukun Raharja Tbk                                                           Annual Report 2023                  244
Page 245
                                                  TATA KELOLA PERUSAHAAN
                                                  CORPORATE GOVERNANCE




No    Aspek/Prinsip/Rekomendasi                                       Pemenuhan         Keterangan
      Aspect / Principle / Recommendation                             Fulfillment       Explanation

III   Fungsi dan Peran Direksi
      Functions and Roles of the Board of Directors

5.    Memperkuat Keanggotaan dan Komposisi Direksi.
      Strengthening the Membership and Composition of the Board of Directors.

      a.   Penentuan jumlah anggota Direksi mempertimbangkan          Terpenuhi         -
           kondisi perusahaan terbuka, serta efektivitas dalam        Fulfilled
           pengambilan keputusan.
      a.   Determining the number of members of the Board of
           Directors considers the condition of the public company,
           as well as effectiveness in decision-making.

      b.   Penentuan komposisi anggota Direksi memperhatikan,         Terpenuhi         -
           keberagaman keahlian, pengetahuan, dan pengalaman          Fulfilled
           yang dibutuhkan.
      b.   The determination of the composition of the Board of
           Directors takes into account the diversity of expertise,
           knowledge, and experience required.

      c.   Anggota Direksi yang membawahi bidang akuntansi            Terpenuhi         -
           atau keuangan memiliki keahlian dan/ atau pengetahuan      Fulfilled
           di bidang akuntansi.
      c.   Board of Directors member overseeing accounting or
           finance possess expertise and/or knowledge in the field
           of accounting.

6.    Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi.
      Improving the Quality of Implementation of Duties and Responsibilities of the Board of Directors.

      a.   Direksi mempunyai kebijakan penilaian sendiri (self­ -     Terpenuhi         -
           assessment) untuk menilai kinerja Direksi.                 Fulfilled
      a.   The Board of Directors has a self-assessment policy to
           assess the performance of the Board of Directors.

      b.   Kebijakan penilaian sendiri (self-assessment) untuk        Terpenuhi         -
           menilai kinerja Direksi diungkapkan melalui laporan        Fulfilled
           tahunan perusahaan terbuka.
      b.   The self-assessment policy for assessing the
           performance of the Board of Directors is disclosed
           through the annual report of the public company.

      Direksi mempunyai kebijakan terkait pengunduran diri            Terpenuhi         -
      anggota Direksi apabila terlibat dalam kejahatan keuangan.      Fulfilled
      The Board of Directors has a policy regarding the resignation
      of members of the Board of Directors if they are involved in
      financial crimes.

IV.   Partisipasi Pemangku Kepentingan
      Stakeholder Participation




245                    Laporan Tahunan 2023                                                       PT Rukun Raharja Tbk
Page 246
 No   Aspek/Prinsip/Rekomendasi                                       Pemenuhan        Keterangan
      Aspect / Principle / Recommendation                             Fulfillment      Explanation

 7.   Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan.
      Improving Corporate Governance Aspects through Stakeholder Participation.

      a.   Perusahaan terbuka memiliki kebijakan untuk                Terpenuhi        -
           mencegah terjadinya insider trading.                       Fulfilled
      a.   The public company has a policy to prevent insider
           trading.

      b.   Perusahaan terbuka memiliki kebijakan anti korupsi         Terpenuhi        -
           dan anti­fraud.                                            Fulfilled
      b.   The public company has anti-corruption and anti-fraud
           policies.

      c.   Perusahaan terbuka memiliki kebijakan tentang seleksi      Terpenuhi        -
           dan peningkatan kemampuan pemasok atau vendor.             Fulfilled
      c.   The public company has a policy on the selection and
           improvement of supplier or vendor capabilities.

      a.   Perusahaan terbuka memiliki kebijakan tentang              Terpenuhi        -
           pemenuhan hak-hak kreditur.                                Fulfilled
      a.   The public company has a policy on fulfilling the rights
           of creditors.

      b.   Perusahaan terbuka memiliki kebijakan sistem               Terpenuhi        -
           whistleblowing.                                            Fulfilled
      b.   The public company has a whistleblowing system policy.

      c.   Perusahaan terbuka memiliki kebijakan pemberian            Terpenuhi        -
           insentif jangka panjang kepada Direksi dan karyawan.       Fulfilled
      c.   The public company has a policy for providing long-term
           incentives to the Board of Directors and employees.

 V.   Keterbukaan Informasi
      Information Disclosure

 8.   Meningkatkan Pelaksanaan Keterbukaan Informasi.
      Improving Information Disclosure

      a.   Perusahaan terbuka memanfaatkan penggunaan                 Terpenuhi        -
           teknologi informasi secara lebih luas selain situs web     Fulfilled
           sebagai media keterbukaan informasi.
      a.   The public company utilizes information technology
           more extensively beyond the website as a means of
           information disclusure.

      b.   Laporan Tahunan perusahaan terbuka mengungkapkan           Terpenuhi        -
           pemilik manfaat akhir dalam kepemilikan saham              Fulfilled
           perusahaan terbuka paling sedikit 5% (lima persen),
           selain pengungkapan pemilik manfaat akhir dalam
           kepemilikan saham perusahaan terbuka melalui
           Pemegang Saham Utama dan Pengendali.
      b.   The Annual Report of the public company discloses
           ultimate beneficial owners holding at least 5% (five
           percent) of the shares of the public company, besides
           disclosing ultimate beneficial owners of the shares of
           the public company through Major and Controlling
           Shareholders.


Rekomendasi Yang Belum Dilaksanakan                              Recommendations Not Yet Implemented

Pada tahun 2023, tidak terdapat rekomendasi yang                 In 2023, there were no recommendations that had not
belum dilaksanakan.                                              yet been implemented.




PT Rukun Raharja Tbk                                                          Annual Report 2023               246
Page 247

          
Page 248
            06
  TANGGUNGJAWAB
      SOSIAL DAN
LINGKUNGAN (TJSL)
       CORPORATE SOCIAL
     RESPONSIBILITY (CSR)
Page 249
                                                      TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN (TJSL)
                                                      CORPORATE SOCIAL RESPONSIBILITY (CSR)




TATA KELOLA TANGGUNG JAWAB SOSIAL DAN
LINGKUNGAN
GOVERNANCE OF CORPORATE SOCIAL RESPONSIBILITY (CSR/TJSL)


KEBIJAKAN TJSL                                              CSR POLICY

Perseroan berkomitmen untuk menjalankan pengembangan        The Company is committed to conducting business
usaha yang tidak hanya berorientasi pada aspek ekonomi,     development that is not only oriented towards economic
Perseroan juga sangat memperhatikan aspek sosial dan        aspects but also highly considers social and environmental
lingkungan sebagai wujud tanggung jawab Perseroan           aspects as part of the Company’s responsibility in sup-
dalam mendukung pembangunan berkelanjutan. Untuk            porting sustainable development. To implement the CSR
menjalankan program TJSL Perseroan berpedoman pada:         program, the Company adheres to the following guidelines:
1. Undang-Undang No. 8 Tahun 1999 tentang                   1. Law No. 8 of 1999 concerning Consumer Protection;
    Perlindungan Konsumen;                                  2. Law No. 13 of 2003 concerning Manpower;
2. Undang-Undang No. 13 Tahun 2003 tentang                  3. Law No. 40 of 2007 concerning Limited Liability
    Ketenagakerjaan;                                            Companies;
3. Undang-Undang No. 40 Tahun 2007 tentang Perseroan        4. Government Regulation No. 47 of 2012 concerning the
    Terbatas;                                                   Corporate Social Responsibility of Limited Liability
4. Peraturan Pemerintah No. 47 Tahun 2012 tentang               Companies;
    Tanggung Jawab Sosial dan Lingkungan Perseroan          5. Financial Services Authority Regulation No. 51/
    Terbatas;                                                   POJK.03/2017 concerning the Implementation of
5. Peraturan Otoritas Jasa Keuangan No. 51/POJK.03/2017         Sustainable Finance for Financial Institutions, Issuers,
    tentang Penerapan Keuangan Berkelanjutan bagi               and Public Companies;
    Lembaga Jasa Keuangan, Emiten, dan Perusahaan           6. CSR Guidelines in Environment from the Ministry of
    Publik;                                                     Environment; and
6. Pedoman CSR Bidang Lingkungan dari Kementerian           7. ISO 26000:2010 on Corporate Social Responsibility
    Lingkungan Hidup; dan                                       Guidelines.
7. ISO 26000:2010 tentang Pedoman Tanggung Jawab
    Sosial.

PENGELOLA TJSL                                              CSR MANAGEMENT

Perseroan memiliki divisi khusus yang mengelola TJSL,       The Company has a dedicated division responsible for CSR
yaitu Sekretaris Perusahaan. Divisi ini bertanggung         management, namely the Corporate Secretary. This divi-
jawab dalam perencanaan, pelaksanaan, evaluasi, dan         sion is responsible for planning, implementing, evaluating,
pelaporan kegiatan- kegiatan TJSL yang dilakukan di         and reporting CSR activities conducted throughout 2023.
sepanjang 2023. Meskipun demikian, kewenangan dan           However, the authority and responsibility for implement-
tanggung jawab pelaksanaan program TJSL juga diber-         ing CSR programs are also delegated to leaders at each
ikan kepada pimpinan di masing-masing site selama           site as long as the programs align with those conducted
program tersebut masih sejalan dengan program TJSL          by the Company.
yang dilakukan oleh Perseroan.




249                   Laporan Tahunan 2023                                                    PT Rukun Raharja Tbk
Page 250
TANGGUNG JAWAB SOSIAL
SOCIAL RESPONSIBILITY



Pelaksanaan program TJSL Perseroan pada tahun 2023          The implementation of the Company’s CSR program in
berfokus pada pemenuhan hak-hak karyawan, pengem-           2023 focuses on fulfilling the rights of employees, com-
bangan masyarakat sekitar, serta kepedulian terhadap        munity development, as well as concern for customers
pelanggan dan mitra usaha.                                  and business partners.

PENGELOLAAN SUMBER DAYA MANUSIA                             HUMAN RESOURCES MANAGEMENT

Penguatan Sumber Daya Manusia (SDM) menjadi bagian          Strengthening Human Resources (HR) is part of the
dari upaya Perseroan untuk membangun fondasi yang           Company’s efforts to build a solid foundation for achiev-
kokoh untuk meraih pertumbuhan yang berkelanjutan.          ing sustainable growth. HR is the most important part
SDM merupakan bagian terpenting bagi Perseroan              of the Company in realizing its vision, mission, and
dalam upaya merealisasikan visi, misi dan target usaha      business targets. The Company always manages HR
Perseroan. Perseroan senantiasa mengelola SDM secara        comprehensively, purposefully, and focuses on aspects
komprehensif, terarah, dan berfokus pada aspek-aspek        of employment and occupational health and safety, guided
ketenagakerjaan serta kesehatan dan keselamatan kerja,      by the standards of OHSAS 18001:2007 and ISO 45001:2018
dengan berpedoman pada standarisasi OHSAS 18001:2007        on Occupational Health and Safety Management Systems.
dan ISO 45001:2018 tentang Sistem Manajemen Kesehatan
dan Keselamatan Kerja.

Ketenagakerjaan                                             Employment

Perseroan senantiasa menciptakan lingkungan kerja           The Company consistently creates a comfortable and
yang nyaman dan sehat untuk para karyawan. Komitmen         healthy working environment for its employees. This
tersebut dibuktikan dengan bentuk kepatuhan terhadap        commitment is evidenced by compliance with laws and
peraturan perundang-undangan, termasuk prinsip hak          regulations, including human rights principles. The imple-
asasi manusia. Pelaksanaan program tanggung jawab           mentation of corporate social responsibility programs is
sosial dijelaskan sebagai berikut.                          explained as follows.

1.   Kesetaraan Gender dan Kesempatan Kerja                 1.   Gender Equality and Employment Opportunities
     Dalam menjalankan proses rekrutmen calon karyawan,          In conducting the recruitment process for prospec-
     Perseroan senantiasa menjunjung tinggi prinsip-prin-        tive employees, the Company always upholds the
     sip Hak Asasi Manusia (HAM) dengan membuka                  Human Rights (HR) principles by providing equal
     kesempatan kerja yang seluas-luasnya kepada                 employment opportunities to everyone regardless
     siapapun tanpa memandang aspek gender, per-                 of gender, ethnic differences, religion, race, class,
     bedaan etnis, agama, ras, kelas, ataupun kondisi            or certain physical conditions. The Company is
     fisik tertentu. Perseroan berkomitmen untuk selalu          committed to always applying non-discrimination
     menerapkan prinsip non-diskriminasi di dalam proses         principles in the employee recruitment process by
     rekrutmen karyawan dengan membuka kesempatan                providing equal job opportunities for women (gender
     kerja yang sama bagi perempuan (gender equity               equity and equality), as far as meeting the specified
     and equality), sejauh memenuhi persyaratan yang             requirements. Employment opportunities at the
     ditetapkan. Kesempatan kerja di Perseroan terbuka           Company are open to all parties, and the recruitment
     untuk semua pihak, proses rekrutmen dilakukan               process is carried out through 2 sources, namely:
     melalui 2 sumber, yaitu:
     a. Rekrutmen internal, bagi karyawan yang memi-             a.   Internal recruitment is for employees who have the
          liki potensi dan prestasi untuk mengisi jabatan             potential and achievements to fill important posi-
          penting di Perseroan.                                       tions in the Company.
     b. Rekrutmen eksternal, bagi masyarakat yang                b.   External recruitment is for the public and is
          dipublikasikan melalui berbagai media, seperti              advertised through various media, such as labor
          vendor penyalur tenaga kerja, situs pencarian               supply vendors and job search sites and by col-
          kerja, serta dengan menjalin kerja sama dengan              laborating with the best universities in Indonesia.
          universitas terbaik di Indonesia.



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                                                             TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN (TJSL)
                                                             CORPORATE SOCIAL RESPONSIBILITY (CSR)




2.    Pengembangan Kompetensi                                      2.    Competency Development
      Perseroan senantiasa berupaya untuk terus                          The Company always strives to continuously
      meningkatkan semangat belajar karyawan untuk                       improve employees’ learning spirit to be ready for
      siap bertransformasi dengan meningkatkan kualitas                  transformation by enhancing the quality of employees
      karyawan sebagai aset utama perusahaan. Perseroan                  as the Company’s main asset. The Company facilitates
      memfasilitasi seluruh insan Perseroan dalam berbagai               all company personnel in various competency
      program pengembangan kompetensi, seperti                           development programs, such as training, seminars,
      pelatihan, seminar, sosialisasi, dan lain-lain guna                socialization, and others to improve the quality,
      meningkatkan mutu, kemampuan, keterampilan,                        abilities, skills, and professionalism of employees.
      serta profesionalisme karyawan.                              3.    Performance Assessment
3.    Penilaian Kinerja                                                  Employee performance assessments are conducted
      Penilaian kinerja SDM dilakukan menggunakan                        using a system of measuring target achievement or
      sistem pengukuran pencapaian target atau Key                       Key Performance Indicators (KPIs), which are carried
      Performance Indicator (KPI) yang dilakukan secara                  out regularly. The results of these assessments are
      berkala. Hasil penilaian tersebut dijadikan sebagai                used as a reference in determining the amount of
      acuan dalam menentukan besaran remunerasi,                         remuneration, awards, identifying weaknesses and
      pemberian penghargaan, identifikasi kelemahan dan                  difficulties faced, and determining work plans for
      kesulitan yang dihadapi, serta penentuan rencana                   the future.
      kerja untuk selanjutnya.                                     4.    Career Development
4.    Pengembangan Karier                                                The Company provides career development programs
      Perseroan menyediakan program pengembangan                         for all employees, especially those with the best
      karier bagi seluruh SDM, terutama yang memiliki                    performance assessments. Through this program,
      penilaian kinerja terbaik. Melalui program ini, setiap             every employee is given the opportunity to be
      karyawan diberi kesempatan untuk melakukan                         promoted or transferred to positions that are tailored
      promosi jabatan atau mutasi jabatan yang disesuaikan               to the Company’s conditions.
      dengan kondisi perusahaan.                                   5.    Remuneration
5.    Remunerasi                                                         The amount of remuneration given is based on Law No.
      Besaran remunerasi yang diberikan berpedoman                       11 of 2020 regarding Employment and its implementing
      pada Undang-Undang No. 11 Tahun 2020 terkait                       regulations.
      Ketenagakerjaan dan peraturan turunannya.                    6.    Leave Entitlement
6.    Hak Cuti                                                           The Company grants leave e ntitle me nt to
      Perseroan memberikan hak cuti kepada seluruh                       all employees, with the following provisions.
      karyawan, dengan ketentuan sebagai berikut.




                                                            Hak Cuti
                                                           Leave Right




                                                                                             Cuti menjalankan ibadah seperti haji,
         Cuti tahunan diberikan                 Cuti melahirkan kepada karyawan            diberikan 1 kali selama karyawan bekerja
          selama 12 hari kerja.                      wanita selama 3 bulan.                              di perusahaan.
        Annual leave is granted for            Maternity leave for female employees        Leave for religious practices such as Hajj
            12 working days                                for 3 months                     is granted once (1) while employees are
                                                                                                    working in the Company.




251                         Laporan Tahunan 2023                                                      PT Rukun Raharja Tbk
Page 252
Kesehatan dan Keselamatan Kerja (K3)                       Occupational Health and Safety (OHS)

Aspek K3 merupakan aspek yang sangat penting dalam         OHS is a crucial aspect in supporting the sustainability of
menunjang keberlanjutan Perusahaan. Untuk itu, Perseroan   the Company. Therefore, the Company places OHS as one
menempatkan aspek K3 menjadi salah satu tanggung           of its social responsibilities. The implementation of the
jawab sosial Perusahaan. Implementasi keterlibatan         Company’s involvement in the field of occupational health
Perseroan terkait tanggung jawab di bidang kesehatan       and safety (OHS) is carried out through the following
dan keselamatan kerja (K3) dilakukan melalui program       programs:
berikut:
1. Kesehatan                                               1.   Health
    a. Menyediakan fasilitas dan perlengkapan olahraga          a. Providing adequate sports facilities and equip-
         yang memadai dalam rangka mendukung                       ment to support regular employee sports
         pelaksanaan kegiatan olahraga karyawan yang               activities; and
         dilakukan secara rutin; dan                            b. Conducting periodic medical check-ups once a
    b. Melaksanakan medical check up secara berkala,               year for all employees.
         yaitu setahun sekali untuk seluruh karyawan.      2.   Occupational Safety
2. Keselamatan Kerja                                            a. Conducting regular socialization on occupational
    a. Melakukan sosialisasi mengenai kesehatan dan                health and safety (OHS);
         keselamatan kerja (K3) secara rutin;                   b. Conducting site visits by management regularly
    b. Melakukan site visit oleh manajemen secara                  every quarter;
         berkala di setiap triwulan;                            c. Conducting safety meetings in each operational
    c. Melaksanakan safety meeting di setiap area                  area regularly;
         operasional secara berkala;                            d. Conducting OHS inspections by the QHSE Unit
    d. Melakukan pemeriksaan K3 oleh Unit QHSE                     every month;
         setiap bulan;                                          e. Conducting inspections on the QHSE Unit to
    e. Melakukan pemeriksaan pada Unit QHSE untuk                  ensure compliance with OHS procedures;
         memastikan pelaksanaan telah sesuai prosedur           f. Monitoring work areas such as the headquarters,
         K3;                                                       subsidiary offices, warehouses, and company
    f. Memantau area kerja seperti di kantor pusat,                operational locations; and
         kantor Entitas Anak ataupun warehouse, lokasi          g. Providing work safety facilities, such as:
         operasional perusahaan; serta                             i.   First aid kit and its equipment, including first
    g. Menyediakan sarana keselamatan kerja, seperti:                   aid box, stretcher, and wheelchair;
         i.   Ruangan P3K dan perlengkapannya, meliputi            ii. Light fire extinguishers (APAR) and fire
              kotak P3K, tandu, dan kursi roda;                         hydrants; and
         ii. Alat pemadam kebakaran api ringan (APAR)              iii. Evacuation routes and assembly points.
              dan fire hydrant; dan
         iii. Jalur evakuasi dan titik kumpul.

Saluran Pengaduan Masalah                                  Problem Reporting Channels

Perseroan menyediakan sarana pengaduan terkait             The Company provides a complaint mechanism related
pengelolaan SDM yang dikelola melalui Departemen Human     to HR management managed through the Human
Resources. Pengaduan yang diterima akan ditindaklanjuti    Resources Department. Complaints received will be
dengan cepat secara profesional serta terhindar dari       promptly and professionally addressed, avoiding any
adanya diskriminasi dalam bentuk apapun.                   form of discrimination.




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                                                         TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN (TJSL)
                                                         CORPORATE SOCIAL RESPONSIBILITY (CSR)




PENGEMBANGAN MASYARAKAT                                        COMMUNITY DEVELOPMENT

Perseroan menyadari bahwa keberlangsungan usaha                The Company realizes that the long-term sustainability
pada jangka panjang tidak semata hanya bergantung              of the business depends not only on the ability to achieve
pada kemampuan dalam merealisasikan target-target              financial targets but also on strong support from the local
finansial, akan tetapi juga bergantung dari dukungan           society or communities around the operational areas for
kuat dari masyarakat ataupun komunitas sekitar terhadap        the daily business operational activities. The Company
pelaksanaan aktivitas operasional bisnis sehari-hari.          actively participates in social and community development,
Perseroan secara aktif ikut berpartisipasi dalam               especially for communities around the operational areas.
pengembangan sosial dan kemasyarakatan, khususnya bagi         The implementation of social and community development
masyarakat di sekitar wilayah operasional. Pelaksanaan         programs includes:
program pengembangan sosial dan masyarakat meliputi:
1. Penggunaan tenaga kerja lokal;                              1.   Utilization of local labor;
2. Perbaikan sarana dan prasarana sosial;                      2.   Improvement of social facilities and infrastructure;
3. Tanggung jawab sosial dalam bidang pendidikan;              3.   Social responsibility in the field of education;
4. Pemberdayaan ekonomi masyarakat; serta                      4.   Community economic empowerment and
5. Donasi lainnya.                                             5.   Other donations.

Saluran Pengaduan Masalah                                      Problem Reporting Channels

Masyarakat dapat menyampaikan pengaduan kepada                 The public can file complaints with the Company if there
Perseroan apabila terjadi tindakan yang menyimpang             are actions that deviate from ethical behavior and business
dari etika perilaku dan etika usaha. Pengaduan tersebut        ethics. Complaints can be submitted to the Corporate
dapat disampaikan kepada Sekretaris Perusahaan melalui         Secretary through the contact information available on
kontak informasi yang tersedia di situs web Perseroan.         the Company’s website. Received reports will be promptly
Laporan yang diterima akan segera ditindaklanjuti secara       and responsively addressed, tailored to the type of com-
responsif dan cepat serta disesuaikan dengan jenis keluhan     plaint submitted.
yang disampaikan.

Masyarakat dapat melakukan korespondensi melalui:              The public can correspond through:


                                                                                            (+6221) 2929 1053

 Office Park Thamrin Residences
 Blok A No. 01-05
 Jl. Thamrin Boulevard                                                                       corsec@raja.co.id
 Kel. Kebon Melati, Kec Tanah Abang
 Jakarta Pusat, 10230

                                                                                              www.raja.co.id




KEPEDULIAN TERHADAP PELANGGAN                                  CUSTOMER CARE

Pelanggan salah satu pemangku kepentingan yang sangat          Customers are one of the most important stakeholders for
penting bagi Perseroan. Karena itu, Perseroan berkomitmen      the Company. Therefore, the Company is committed to
untuk memberikan layanan dan produk terbaik kepada             providing the best services and products to customers
pelanggan secara setara tanpa membeda-bedakan                  equally, without discriminating against backgrounds, to
latar belakang sehingga dapat terus terjalin kerja sama        maintain long-term cooperation. In this regard, the Company
jangka panjang. Terkait hal tersebut, Perseroan berupaya       ensures that the entire production process complies with
memastikan seluruh rangkaian proses produksi sudah             ISO 9001:2015 Quality Management System standards to
sesuai dengan standar ISO 9001:2015 tentang Sistem             guarantee the quality of the products produced.
Manajemen Mutu untuk menjamin kualitas produk yang
dihasilkan.




253                       Laporan Tahunan 2023                                                   PT Rukun Raharja Tbk
Page 254
Program kepedulian kepada pelanggan yang dilaksanakan           The customer care programs implemented by the Company
Perseroan diungkapkan sebagai berikut.                          are as follows.




 Program kepedulian kepada pelanggan
 Customer Care Program
 Program                                                    Implementasi
 Program                                                    Implementasi

                                                            •      Menyelenggarakan gas safety and operation aware-
                                                                   ness kepada pelanggan secara rutin;
                                                            •      Melakukan sosialisasi yang berhubungan dengan
                                                                   K3; serta
                                                            •      Melakukan pemeriksaan di seluruh situs jaringan
 Kesehatan dan Keselamatan Pelanggan
                                                                   aset dan fasilitas pipa gas.
 Customer Health and Safety
                                                            •      Conducting routine gas safety and operation aware-
                                                                   ness for customers;
                                                            •      Conducting socialization related to OHS; and
                                                            •      Inspecting entire network sites of assets and gas
                                                                   pipeline facilities.

                                                            •      Menemui pelanggan yang diwakili oleh Unit Sales;
                                                                   serta
 Informasi Barang dan/atau Jasa                             •      Melakukan survei atas kebutuhan pelanggan.
 Products and/or Services Information                       •      Meeting with customers represented by the Sales
                                                                   Unit; and
                                                            •      Conducting surveys on customer needs.


Survei Kepuasan Pelanggan                                       Customer Satisfaction Survey

Sebagai bagian dari upaya untuk terus meningkatkan              As part of the efforts to continually improve service
kualitas layanan dan untuk mengetahui tingkat kepuasan          quality and assess customer satisfaction with the services
pelanggan terhadap layanan yang diberikan, tahun 2023           provided, in 2023, the Company conducted a Stakeholder
Perseroan melaksanakan Survey Kepuasan Stakeholder .            Satisfaction Survey. Indicators used include complaint
Indikator yang gunakan, meliputi penanganan pengaduan,          handling, gas distribution, after-sales service, product
penyaluran gas, tindak lanjut setelah penjualan, kualitas       quality, technical support aspects, operational activity
produk, aspek pendukung teknis, penanganan kegiatan             handling, payment, and communication. In 2023, the
operasional, pembayaran, dan komunikasi. Pada tahun             customer satisfaction survey score was 89%.
2023, survey kepuasan pelanggan adalah 89%.




PT Rukun Raharja Tbk                                                         Annual Report 2023                      254
Page 255
                                                       TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN (TJSL)
                                                       CORPORATE SOCIAL RESPONSIBILITY (CSR)




Saluran Pengaduan Masalah                                    Problem Reporting Channels

Perseroan senantiasa memberikan kebebasan pagi               The Company always provides customers with the
pelanggan untuk menyampaikan keluhan, saran, dan             freedom to express complaints, suggestions, and feedback
masukan terkait produk dan layanan yang diberikan.           regarding the products and services provided. Complaints
Keluhan tersebut dapat disampaikan melalui e-mail,           can be submitted via email, telephone, or letter addressed to
telepon, ataupun surat yang ditujukan kepada Unit Sales.     the Sales Unit. Complaint reports received will be promptly,
Laporan pengaduan yang diterima akan langsung ditindak       responsively, and effectively addressed.
lanjuti secara responsif, cepat, dan baik.

PENGELOLAAN HUBUNGAN DENGAN MITRA                            MANAGEMENT OF BUSINESS PARTNERSHIPS
USAHA

Perseroan berkomitmen untuk melaksanakan pengadaan           The Company is committed to procuring goods and
barang dan jasa sesuai dengan standar tata kelola yang       services in accordance with good governance standards
baik guna terjaganya hubungan dengan mitra usaha atau        to maintain good relationships with business partners
pemasok. Perseroan menjaga pemenuhan kewajiban dan           or suppliers. The Company ensures the fulfillment of
hak di antara kedua belah pihak sehingga hubungan kerja      obligations and rights between both parties so that the
sama dapat saling menguntungkan.                             cooperative relationship can be mutually beneficial.

Saluran Pengaduan Masalah                                    Problem Reporting Channels

Pelanggaran dapat terjadi antara Perseroan dan mitra         Violations may occur between the Company and business
usaha, jika terdapat salah satu pihak yang melakukan         partners if one party violates the terms of the cooperation
pelanggaran kontrak kerja sama. Apabila hal itu terjadi,     agreement. If this happens, the violation can be reported to
pelanggaran dapat dilaporkan kepada pihak eksternal dan      external and internal parties. The management, namely
internal perusahaan. Pihak pengelola, yaitu Manajemen        the Company Management, will verify and validate the
Perseroan, akan melakukan verifikasi dan validasi pada       reports submitted in accordance with applicable laws
pelaporan yang telah disampaikan sesuai dengan keten-        and regulations.
tuan perundang-undangan yang berlaku.




255                   Laporan Tahunan 2023                                                     PT Rukun Raharja Tbk
Page 256
TANGGUNG JAWAB LINGKUNGAN
ENVIRONMENTAL RESPONSIBILITY


Dalam rangka menjaga keberlanjutan usahanya, Perseroan          In order to maintain its business sustainability, the Company
senantiasa memperhatikan aspek kelestarian lingkungan           always pays attention to environmental sustainability
hidup. Perseroan meyakini keseimbangan ekosistem                aspects. The Company believes that ecosystem balance
dan lingkungan hidup sangat diperlukan agar generasi            and environmental sustainability are essential for future
penerus mendapatkan kualitas hidup yang lebih baik di           generations to have a better quality of life. Therefore,
masa depan. Maka dari itu, berbagai program pengelo-            various environmental management programs are
laan lingkungkan hidup dilaksanakan Perseroan dengan            implemented by the Company by applying ISO 14001:2015
menerapkan standar ISO 14001:2015 tentang Sistem                Environmental Management System standards that are
Manajemen Lingkungan yang disertifikasi secara berkala.         periodically certified.

Program pelaksanaan CSR di bidang lingkungan hidup              The implementation of CSR programs in the field of
meliputi sebagai berikut:                                       environmental conservation includes the following:


 Penggunaan Material dan Energi Ramah Lingkungan
 Use of Environmentally Friendly Materials and Energy

 Program                          Komitmen Perseroan
 Program                          Company Commitment

 Penggunaan Kertas                •    Mengimbau seluruh karyawan untuk bijak dalam menggunakan kertas
 Paper Usage                           dengan cara:
                                  •    Memaksimalkan penggunaan surat elektronik (e-mail) sebagai media
                                       informasi dan komunikasi; dan
                                  •    Memanfaatkan kertas bekas print yang tidak digunakan sebagai catatan.
                                  •    Encouraging all employees to use paper wisely by:
                                  •    Maximizing the use of electronic mail (email) as a means of information and
                                       communication; and
                                  •    Utilizing used printed paper that is not in use as notes.


 Penghematan Listrik              •    Menggunakan lampu Light Emitting Diode (LED);
 Electric Savings                 •    Mematikan penyejuk ruangan, komputer atau laptop, serta perangkat
                                       elektronik lainnya saat tidak digunakan; dan
                                  •    Mengimbau pelaksanaan rapat dengan pihak eksternal secara daring
                                       untuk mengurangi bahan bakar yang digunakan untuk kendaraan.
                                  •    Using Light Emitting Diode (LED) lights;
                                  •    Turning off air conditioners, computers or laptops, and other electronic
                                       devices when not in use; and
                                  •    Encouraging virtual meetings with external parties to reduce fuel
                                       consumption for vehicles.


 Penghematan Air                  •    Melakukan perbaikan dan penggantian meteran air yang rusak;
 Water Savings                    •    Melakukan pengecekan secara berkala terhadap kondisi keran, urinoir, shower, dan
                                       toilet sehingga apabila ada kerusakan dapat menghindari terjadinya kebocoran yang
                                       dapat membuang-buang air;
                                  •    Melalui brosur atau stiker yang disebar di seluruh unit kerja, Perseroan mengajak
                                       karyawan untuk melakukan penghematan air dengan cara:
                                  •    Menggunakan air sesuai dengan kebutuhan; dan
                                  •    Menutup kran air apabila tidak digunakan.
                                  •    Repairing and replacing damaged water meters;
                                  •    Conducting regular checks on the condition of taps, urinals, showers, and toilets so
                                       that if there is damage, leaks that wastewater can be avoided;
                                  •    Through brochures or stickers distributed throughout the work units, the Company
                                       encourages employees to conserve water by:
                                  •    Using water according to the needs and
                                  •    Turning off taps when not in use.




PT Rukun Raharja Tbk                                                         Annual Report 2023                        256
Page 257
                                                         TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN (TJSL)
                                                         CORPORATE SOCIAL RESPONSIBILITY (CSR)




1.   Sistem Pengelolaan Limbah                                 1.   Waste Management System
     Perseroan menyadari bahwa kegiatan operasional                 The Company realizes that its operational activities
     yang dilakukan Perseroan menghasilkan limbah dan               generate waste and effluents, both containing
     efluen, baik yang mengandung bahan berbahaya                   hazardous and toxic substances (B3) and non-
     dan beracun (B3) maupun non-B3. Maka dari itu,                 B3. Therefore, the Company consistently manages
     Perseroan secara konsisten mengelola limbah dan                waste and effluents in accordance with applicable
     efluen yang disesuaikan dengan standar yang berlaku            standards and applies the 3R principle (reduce, reuse,
     serta menerapkan prinsip 3R (reduce, reuse, dan                and recycle). Efforts to save paper are made by the
     recycle). Adapun upaya penghematan kertas dilakukan            Company by encouraging all employees to use paper
     Perseroan dengan mengimbau seluruh karyawan                    wisely by maximizing the use of electronic mail (email)
     untuk bijak dalam menggunakan kertas dengan                    as a means of information and communication and
     cara maksimalkan penggunaan surat elektronik                   utilizing unused printed paper as notes.
     (e-mail) sebagai media informasi dan komunikasi
     dan memanfaatkan kertas bekas print yang tidak
     digunakan sebagai catatan.

2.   Pengelolaan dan Pemantauan Lingkungan Hidup               2.   Environmental Management and Monitoring
     Perseroan secara konsisten melaporkan pengelolaan              The Company consistently reports Environmental
     lingkungan hidup (UKL) dan upaya pemantauan                    Management Efforts (UKL) and Environmental
     lingkungan (UPL) kepada pihak regulator sebagai                Monitoring Efforts (UPL) to regulatory authorities
     bukti bahwa limbah yang dihasilkan dari aktivitas              as evidence that waste generated from operational
     operasional telah dikelola dengan baik dan benar.              activities has been properly managed. UKL and UPL
     UKL dan UPL dilakukan dengan menguji emisi udara,              are conducted by testing air emissions, observing
     mengamati kondisi limbah, dan mengamati tingkat                waste conditions, and observing noise levels in the
     kebisingan di area operasional Perseroan.                      Company’s operational areas.



SALURAN PENGADUAN MASALAH                                      PROBLEM REPORTING CHANNELS

Masyarakat dapat menyampaikan pengaduan terkait                The public can report complaints related to environmental
pencemaran lingkungan, apabila secara terbukti dilakukan,      pollution, if proven to be committed, which can be
yang dapat disampaikan kepada Departemen Health, Safety,       submitted to the Health, Safety, and Environment System
and Environment System (HSE). Laporan pengaduan yang           (HSE) Department. Complaint reports received will be
diterima akan ditindaklanjuti secara cepat dan disesuaikan     promptly addressed and adjusted to the provisions of
dengan ketentuan perundang-undangan yang berlaku.              applicable laws and regulations.

Informasi lebih lengkap mengenai pencapaian kinerja            More detailed information regarding performance
dan pelaksanaan tanggung jawab sosial dan lingkungan           achievements and the implementation of the Company’s
Perseroan disampaikan secara terpisah dalam Laporan            Corporate Social Responsibility (TJSL) is provided
Keberlanjutan Tahun 2023. Namun demikian, laporan ini          separately in the 2023 Sustainability Report. However,
merupakan bagian yang tidak terpisahkan dari Laporan           this report is an integral part of the 2023 Annual Report.
Tahunan Tahun 2023.




257                    Laporan Tahunan 2023                                                      PT Rukun Raharja Tbk
Page 258
PT Rukun Raharja Tbk   Annual Report 2023   258
Page 259

          
Page 260
          07
     LAPORAN
    KEUANGAN
KONSOLIDASIAN
CONSOLIDATED FINANCIAL
           STATEMENTS
Page 261
              PT RUKUN RAHARJA TBK
DAN ENTITAS ANAKNYA/ AND ITS SUBSIDIARIES


           LAPORAN KEUANGAN KONSOLIDASIAN
           TANGGAL 31 DESEMBER 2023 DAN 2022
       DAN UNTUK TAHUN-TAHUN YANG BERAKHIR
                      PADA TANGGAL TERSEBUT
        BESERTA LAPORAN AUDITOR INDEPENDEN/


          CONSOLIDATED FINANCIAL STATEMENTS
              AS AT DECEMBER 31, 2023 AND 2022
               AND FOR THE YEARS THEN ENDED
           WITH INDEPENDENT AUDITOR’S REPORT
Page 262
                     DAFTAR ISI                                               TABLE OF CONTENTS


                                                    Halaman/
                                                     Page

Pernyataan direksi tentang tanggung jawab                          Directors' statement regarding the responsibility
 atas laporan keuangan konsolidasian                                     for the consolidated financial statements

Laporan auditor independen                                                              Independent auditor's report

Laporan keuangan konsolidasian                                                    Consolidated financial statements

    Laporan posisi keuangan konsolidasian             1-3             Consolidated statement of financial position

    Laporan laba rugi dan penghasilan                                 Consolidated statement of profit or loss and
       komprehensif lain konsolidasian                4-5                         other comprehensive income

    Laporan perubahan ekuitas konsolidasian             6             Consolidated statement of changes in equity

    Laporan arus kas konsolidasian                      7                   Consolidated statement of cash flows

    Catatan atas laporan keuangan konsolidasian       8 - 90        Notes to the consolidated financial statements

    Informasi keuangan tambahan                   Lamp./App. 1-5              Supplementary financial information
Page 263

          
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                              CONSOLIDATED STATEMENT OF FINANCIAL
 KONSOLIDASIAN                                                                                                            POSITION
Tanggal 31 Desember 2023 dan 2022                                                                  As at December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)




                                                             Catatan/
                                                2023          Notes            2022


ASET LANCAR                                                                                                     CURRENT ASSETS
 Kas dan setara kas                            34.867.986    2e, 2u, 4        30.103.102                Cash and cash equivalents
 Piutang usaha                                                                                                   Trade receivables
   Pihak ketiga - bersih                       30.538.403    2f, 2u, 5        16.332.373                       Third parties - net
 Piutang lain-lain                                                                                               Other receivables
   Pihak ketiga - bersih                        3.852.230    2f, 2u, 6         4.122.960                       Third parties - net
   Pihak berelasi                               6.081.289   2f, 2p, 2u, 6        309.484                         Related parties
 Persediaan                                       694.133       2g, 7            753.355                                Inventories
 Pajak dibayar di muka                          4.134.509        15a           6.171.072                              Prepaid taxes
 Uang muka dan beban dibayar di muka              353.599       2h, 8            805.885            Advances and prepaid expenses

   Jumlah aset lancar                          80.522.149                     58.598.231                       Total current assets

ASET TIDAK LANCAR                                                                                          NON-CURRENT ASSETS
 Piutang usaha                                                                                                     Trade receivables
    Pihak ketiga - bersih                         807.649    2f, 2u, 5               -                          Third parties - net
 Investasi pada entitas asosiasi                9.908.977      2i, 9          11.982.283                   Investment in associates
 Aset pajak tangguhan                             905.432    2m, 15d           1.953.772                         Deferred tax assets
 Taksiran klaim pengembalian pajak                404.071       15a              557.995             Estimated claims for tax refund
 Aset tetap - bersih                          170.934.720      2j, 10        143.392.599                           Fixed assets - net
 Aset hak guna - bersih                           846.966     2l, 11a          1.808.817                    Right of use assets - net
 Aset takberwujud - bersih                      1.168.007     2k, 12           1.246.499                      Intangible assets - net
 Properti minyak dan gas                       23.834.819     2s, 13                 -                        Oil and gas properties
 Aset hak kontraktual proyek                    4.075.283       37a            8.010.308             Project contractual right assets
 Goodwill                                      24.647.777    2c, 37b          24.704.291                                    Goodwill
 Aset tidak lancar lain-lain                   10.592.278     2u, 14           8.249.780                   Other non-current assets

   Jumlah aset tidak lancar                   248.125.979                    201.906.344                   Total non-current assets

JUMLAH ASET                                   328.648.128                    260.504.575                            TOTAL ASSETS




Catatan atas laporan keuangan konsolidasian merupakan                           The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                             statements form an integral part of these consolidated
konsolidasian                                                                                                     financial statements




                                                                1
Page 272
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                            CONSOLIDATED STATEMENT OF FINANCIAL
 KONSOLIDASIAN (Lanjutan)                                                                                  POSITION (Continued)
Tanggal 31 Desember 2023 dan 2022                                                                As at December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)




                                                            Catatan/
                                                2023         Notes           2022


LIABILITAS JANGKA PENDEK                                                                                   CURRENT LIABILITIES
 Pinjaman bank jangka pendek                    1.946.030    2u, 21a                -                       Short-term bank loans
 Utang usaha                                                                                                        Trade payables
   Pihak ketiga                                19.126.793    2u, 16         10.800.446                              Third parties
 Utang lain-lain                                                                                                    Other payables
   Pihak ketiga                                 1.199.968     2u, 17           509.822                              Third parties
   Pihak berelasi                                 545.000   2p, 2u, 17             -                             Related parties
 Utang pajak                                    4.005.770      15b           1.967.936                               Taxes payable
 Uang muka penjualan                              534.511     2n, 18           378.204                               Sales advance
 Beban akrual                                   2.319.732     2u, 19           770.007                          Accrued expenses
 Bagian jangka pendek pinjaman jangka                                                                         Current maturities of
  panjang                                                                                                         long-term loans
   Utang pembelian aset tetap                     121.471     2u, 20           302.388          Fixed assets purchase payables
   Pinjaman bank                               25.892.716    2u, 21b        11.767.282                                Bank loans
   Pinjaman pembiayaan konsumen                   440.786     2u, 22           165.512                Consumer financing loans
   Liabilitas sewa                                216.661    2l, 11b           323.771                          Lease liabilities

   Jumlah liabilitas jangka pendek             56.349.438                   26.985.368                     Total current liabilities

LIABILITAS JANGKA PANJANG                                                                            NON-CURRENT LIABILITIES
 Pinjaman jangka panjang - setelah                                                                          Long term loan - net to
  dikurang bagian lancar                                                                                        current maturities
    Utang pembelian aset tetap                        -       2u, 20           484.800         Fixed assets purchase payables
    Pinjaman bank                             106.729.395    2u, 21b        97.839.148                               Bank loans
    Pinjaman pembiayaan konsumen                  839.498     2u, 22           514.060               Consumer financing loans
    Liabilitas sewa                               227.087    2l, 11b           340.021                           Lease liabilities
 Liabilitas pembongkaran aset                   8.360.858     2t, 23               -                  Asset dismantling obligation
 Liabilitas imbalan pasca-kerja                   550.347     2o, 24           564.908         Post-employment benefits liabilities
 Liabilitas imbalan pensiun direksi                                                                  Pension benefit obligation for
  dan komisaris                                 1.049.219    2o, 25            720.638              directors and commissioners

   Jumlah liabilitas jangka panjang           117.756.404                  100.463.575                 Total non-current liabilities

   Jumlah liabilitas                          174.105.842                  127.448.943                              Total liabilities




Catatan atas laporan keuangan konsolidasian merupakan                         The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                           statements form an integral part of these consolidated
konsolidasian                                                                                                   financial statements




                                                               2
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                             CONSOLIDATED STATEMENT OF FINANCIAL
 KONSOLIDASIAN (Lanjutan)                                                                                   POSITION (Continued)
Tanggal 31 Desember 2023 dan 2022                                                                 As at December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)




                                                             Catatan/
                                                2023          Notes           2022


EKUITAS                                                                                                                         EQUITY
 Ekuitas yang dapat diatribusikan                                                                        Equity attributable to owners
  kepada pemilik entitas induk                                                                                    of the parent entity
   Modal saham                                                                                                         Share capital
    Modal dasar 4.227.082.500 saham                                                            Authorized capital 4,227,082,500
      dengan nilai nominal Rp 25                                                                  shares with nominal value of
      (AS$ 0,0026) per saham, seluruhnya                                                        Rp 25 (US$ 0.0026) per share,
      telah ditempatkan dan                                                                        all shares have been issued
      disetor penuh                            10.964.473       26           10.964.473                             and fully paid
   Tambahan modal disetor                      23.231.955      28a           23.231.955                   Additional paid in capital
   Selisih ekuitas dari setoran entitas                                                             The difference in the equity of
    anak                                        5.552.967      28b            5.552.967                       subsidiary deposits
   Selisih kurs atas penjabaran                                                               Foreign exchange differences from
    laporan keuangan dalam mata                                                               the translation of foreign currency
    uang asing                                     (5.863)                       (6.611)                     financial statements
   Komponen ekuitas lain                          (54.484)                      (54.484)                 Other equity compponent
   Saldo laba                                                                                                    Retained earnings
      Ditentukan penggunaannya                     31.468                        24.759                               Appropriated
      Belum ditentukan penggunaannya           89.898.979                    68.895.574                            Unappropriated

                                              129.619.495                   108.608.633

 Kepentingan nonpengendali                     24.922.791      29            24.446.999                    Non-controlling interests

   Jumlah ekuitas                             154.542.286                   133.055.632                                Total equity

JUMLAH LIABILITAS DAN EKUITAS                 328.648.128                   260.504.575          TOTAL LIABILITIES AND EQUITY




Catatan atas laporan keuangan konsolidasian merupakan                          The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                            statements form an integral part of these consolidated
konsolidasian                                                                                                    financial statements



                                                               3
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN                                            CONSOLIDATED STATEMENT OF PROFIT OR LOSS
 KOMPREHENSIF LAIN KONSOLIDASIAN                                                         AND OTHER COMPREHENSIVE INCOME
Untuk tahun-tahun yang berakhir pada tanggal                                                                     For the years ended
 31 Desember 2023 dan 2022                                                                            December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)




                                                             Catatan/
                                                2023          Notes           2022


PENDAPATAN BERSIH                             203.745.960     2n, 30        126.686.088                              NET REVENUE

BEBAN POKOK PENDAPATAN                       (137.806.002)    2n, 31       (101.627.297)                       COST OF REVENUE
                                                                                                                              `
LABA BRUTO                                     65.939.958                    25.058.791                             GROSS PROFIT

Beban umum dan administrasi                   (17.894.728)    2n, 32        (12.733.529)        General and administrative expenses
Laba/(rugi) selisih kurs - bersih                 318.175       2d           (2.081.620)        Gain/(loss) on foreign exchange - net
Bagian laba entitas asosiasi                    7.479.071      2i, 9          6.960.148                  Share of profit of associates
Pendapatan lain-lain                              627.622     2n, 33            954.862                                Others income
Beban lain-lain                                (6.558.576)    2n, 34         (2.428.716)                              Other expenses

LABA USAHA                                     49.911.522                    15.729.936                        OPERATING PROFIT

Beban keuangan/bunga                           (9.265.045)    2n, 35         (2.706.056)                       Finance/interest costs


LABA SEBELUM PAJAK PENGHASILAN                 40.646.477                    13.023.880             PROFIT BEFORE INCOME TAX

Beban pajak penghasilan                       (13.496.997)   2m, 15e         (2.184.537)                         Income tax expense

LABA TAHUN BERJALAN                            27.149.480                    10.839.343                    PROFIT FOR THE YEAR

PENGHASILAN/(KERUGIAN)                                                                                  OTHER COMPREHENSIVE
 KOMPREHENSIF LAIN                                                                                                INCOME/(LOSS)
 Pos-pos yang tidak akan direklasifikasi                                                         Items that will not be reclassified
  ke laba rugi                                                                                                      to profit or loss
   Pengukuran kembali liabilitas imbalan                                                    Remeasurement of post-employment
    pasca-kerja - setelah pajak                  (132.740)                       32.933         benefits obligation - net to tax
 Pos-pos yang akan direklasifikasi                                                                    Items that will be reclassified
  ke laba rugi                                                                                                      to profit or loss
   Selisih kurs penjabaran                                                                        Difference in foreign currency
    laporan keuangan                                                                                 translation of subsidiary’s
      entitas anak                                    881                         (8.450)                 financial statements

                                                 (131.859)                       24.483

JUMLAH PENGHASILAN                                                                             TOTAL COMPREHENSIVE INCOME
 KOMPREHENSIF TAHUN BERJALAN                   27.017.621                    10.863.826                     FOR THE YEAR




Catatan atas laporan keuangan konsolidasian merupakan                          The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                            statements form an integral part of these consolidated
konsolidasian                                                                                                    financial statements



                                                               4
Page 275
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN LABA RUGI DAN PENGHASILAN                                           CONSOLIDATED STATEMENT OF PROFIT OR LOSS
 KOMPREHENSIF LAIN KONSOLIDASIAN (Lanjutan)                               AND OTHER COMPREHENSIVE INCOME (Continued)
Untuk tahun-tahun yang berakhir pada tanggal                                                                    For the years ended
 31 Desember 2023 dan 2022                                                                           December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)




                                                            Catatan/
                                                2023         Notes           2022


LABA TAHUN BERJALAN YANG DAPAT                                                                           PROFIT FOR THE YEAR
 DIATRIBUSIKAN KEPADA:                                                                                     ATTRIBUTABLE TO:
   Pemilik entitas induk                       25.606.534                    8.821.573               Owners of the parent entity
   Kepentingan nonpengendali                    1.542.946                    2.017.770                 Non-controlling interests

      Jumlah                                   27.149.480                   10.839.343                                   Total

JUMLAH PENGHASILAN KOMPREHENSIF                                                               TOTAL COMPREHENSIVE INCOME
 TAHUN BERJALAN YANG DAPAT                                                                                    FOR THE YEAR
 DIATRIBUSIKAN KEPADA:                                                                                   ATTRIBUTABLE TO:
   Pemilik entitas induk                       25.510.862                    8.854.668            Owners of the parent entity
   Kepentingan nonpengendali                    1.506.759                    2.009.158               Non-controlling interests

      Jumlah                                   27.017.621                   10.863.826                                   Total

LABA PER SAHAM YANG DAPAT                                                                             EARNINGS PER SHARE
 DIATRIBUSIKAN KEPADA PEMILIK                                                                 ATTRIBUTABLE TO OWNERS OF
 ENTITAS INDUK - DASAR DAN                                                                  THE PARENT ENTITY - BASIC AND
 DILUSIAN                                         0,00606    2q, 36            0,00209                            DILUTED




Catatan atas laporan keuangan konsolidasian merupakan                         The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                           statements form an integral part of these consolidated
konsolidasian                                                                                                   financial statements




                                                              5
Page 276
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                                                                                                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                    CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2023 dan 2022                                                                                                              For the years ended December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                                                                                                                 (Expressed in full US Dollar amount, unless otherwise stated)



                                                                           Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/
                                                                                   Equity attributable to owner of the parent entity
                                                                                          Selisih kurs
                                                                                       atas penjabaran
                                                                                            laporan
                                                                                          keuangan/
                                                                      Selisih ekuitas       Foreign
                                                                       dari setoran        exchange                                    Saldo laba/
                                                                       Entitas Anak/     differences                                Retained earnings
                                                       Tambahan       The difference          from          Komponen                               Belum                       Kepentingan
                                                      modal disetor/ in the equity of the translation       ekuitas lain/     Ditentukan        ditentukan                    nonpengendali/
                               Catatan/ Modal saham/    Additional     Subsidiaries       of financial     Other equity penggunaannya/ penggunaannya/           Jumlah/       Non-controlling Jumlah ekuitas/
                                Notes   Share capital paid in capital    deposits         statements        component       Appropriated      Unappropriated     Total           interests      Total equity



Saldo per 1 Januari 2022                  10.964.473      23.215.570        5.552.967             (357)            -              18.004       62.034.452      101.785.109      23.332.147      125.117.256        Balance as at January 1, 2022

 Pengampunan pajak                                -            16.385             -                 -              -                 -                 -            16.385            2.096          18.481                         Tax amnesty
 Transaksi dengan entitas                                                                                                                                                                                                 Transaction with non-
  nonpengendali                  2d               -               -               -                 -          (54.484)              -                 -           (54.484)        (49.553)        (104.037)                 controlling interest
 Dividen tunai                   27               -               -               -                 -              -                 -          (1.993.045)     (1.993.045)       (846.849)      (2.839.894)                     Cash dividends
 Pengalokasian dana cadangan     27               -               -               -                 -              -               6.755            (6.755)            -               -                -            Allocation of reserve funds
 Laba tahun berjalan                              -               -               -                 -              -                 -           8.821.573       8.821.573       2.017.770       10.839.343                   Profit for the year
 Penghasilan/(kerugian)                                                                                                                                                                                                   Other comprehensive
    komprehensif lain                             -               -               -             (6.254)            -                 -              39.349          33.095           (8.612)         24.483                     income/(loss)


Saldo per 31 Desember 2022                10.964.473      23.231.955        5.552.967           (6.611)        (54.484)           24.759       68.895.574      108.608.633      24.446.999      133.055.632     Balance as at December 31, 2022

 Dividen tunai                   27               -               -               -                 -              -                 -         (4.500.000)      (4.500.000)      (1.030.967)     (5.530.967)                     Cash dividends
 Pengalokasian dana cadangan     27               -               -               -                 -              -               6.709           (6.709)             -                -               -            Allocation of reserve funds
 Laba tahun berjalan                              -               -               -                 -              -                 -         25.606.534       25.606.534        1.542.946      27.149.480                    Profit for the year
 Penghasilan/(kerugian)                                                                                                                                                                                                   Other comprehensive
    komprehensif lain                             -               -               -                748             -                 -             (96.420)        (95.672)         (36.187)       (131.859)                    income/(loss)


Saldo per 31 Desember 2023                10.964.473      23.231.955        5.552.967           (5.863)        (54.484)           31.468       89.898.979      129.619.495      24.922.791      154.542.286     Balance as at December 31, 2023




Catatan atas laporan keuangan konsolidasian merupakan                                                                                                                             The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                                                                                                                               statements form an integral part of these consolidated
konsolidasian                                                                                                                                                                                                       financial statements




                                                                                                                          6
Page 277
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN                                                  CONSOLIDATED STATEMENT OF CASH FLOWS
Untuk tahun-tahun yang berakhir pada tanggal                                                                     For the years ended
 31 Desember 2023 dan 2022                                                                            December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)




                                                             Catatan/
                                                2023          Notes           2022


ARUS KAS DARI AKTIVITAS                                                                         CASH FLOWS FROM OPERATING
 OPERASI                                                                                                              ACTIVITIES
 Penerimaan dari pelanggan                 188.879.343                      122.694.702                   Receipts from customers
 Pembayaran kepada pemasok, karyawan                                                             Payments to suppliers, employees
  dan operasional                         (126.724.742)                    (100.506.262)                         and operational
 Pembayaran bunga                           (8.173.121)                      (6.486.360)                     Payments for interest
 Pembayaran pajak penghasilan              (11.818.752)                      (2.709.529)               Payments for income taxes
 Penerimaan restitusi pajak                    296.462         15f              566.139               Receipts from tax restitution
 Penerimaan/(pembayaran) lainnya - bersih    1.185.009                       (1.770.333)        Receipts/(payments) of others - net
 Kas bersih diperoleh dari                                                                                    Net cash provided by
  aktivitas operasi                            43.644.199                    11.788.357                        operating activities

ARUS KAS DARI AKTIVITAS                                                                          CASH FLOWS FROM INVESTING
 INVESTASI                                                                                                               ACTIVITIES
 Perolehan aset tetap                         (34.866.464)                  (21.462.356)                 Acquisitions of fixed assets
 Hasil pelepasan aset tetap                       609.618      10                36.573       Proceed from disposal of fixed assets
 Perolehan aset takberwujud                       (41.862)                     (441.516)           Acquisitions of intangible assets
 Penerimaan dividen kas dari entitas                                                                Receipt of cash dividends from
  asosiasi                                      9.550.143       9             7.297.517                                 associateds
 Penambahan investasi pada entitas                                                                         Addition in investment in
  asosiasi                                            -         9               (64.033)                                 associates
 Penambahan investasi pada entitas anak               -                        (104.037)        Addition in investment in subdisiary
 Perolehan properti minyak dan gas            (26.500.000)                          -          Acquisitions of oil and gas properties
 Penempatan kas di bank                                                                                      Placement of restricted
  dan deposito berjangka yang                                                                                      cash in bank and
   dibatasi penggunaanya - bersih              (2.075.082)                   (3.308.513)                         time deposit - net

 Kas bersih digunakan untuk aktivitas                                                                    Net cash used in investing
  investasi                                   (53.323.647)                  (18.046.365)                                 activities

ARUS KAS DARI AKTIVITAS                                                                          CASH FLOWS FROM FINANCING
 PENDANAAN                                                                                                               ACTIVITIES
 Penerimaan dari pinjaman bank                 63.114.810                    15.316.038                      Receipts of bank loans
 Pembayaran untuk pinjaman bank               (38.496.137)                  (13.504.158)                 Repayments of bank loans
 Pembayaran dividen kas oleh                                                                       Payments for cash dividends by
  Perusahaan                                   (4.500.000)     27            (1.993.045)                              the Company
 Pembayaran dividen kas entitas anak                                                               Payments for cash dividends by
  kepada kepentingan nonpengendali             (1.030.967)                     (846.849)   subsidiaries to non-controlling interests
 Penerimaan dari pinjaman                                                                                   Receipts from consumer
  pembiayaan konsumen                             600.712                       496.723                              financing loan
 Pembayaran untuk liabilitas sewa                (263.593)                     (178.895)               Payments for lease liabilities
 Pembayaran untuk pihak berelasi - bersih      (4.980.493)                          -             Payments for related parties - net

 Kas bersih diperoleh dari/                                                                          Net cash provided by/(used in)
  (digunakan untuk) aktivitas pendanaan        14.444.332                      (710.186)                       financing activities

PENAMBAHAN/(PENURUNAN) BERSIH                                                                     NET INCREASE/(DECREASE) IN
 KAS DAN SETARA KAS                             4.764.884                    (6.968.194)        CASH AND CASH EQUIVALENTS

KAS DAN SETARA KAS                                                                               CASH AND CASH EQUIVALENTS
 AWAL TAHUN                                    30.103.102                    37.071.296           AT THE BEGINNING OF YEAR

KAS DAN SETARA KAS                                                                               CASH AND CASH EQUIVALENTS
 AKHIR TAHUN                                   34.867.986       4            30.103.102                 AT THE END OF YEAR

Catatan atas laporan keuangan konsolidasian merupakan                          The accompanying notes to the consolidated financial
bagian yang tidak terpisahkan dari laporan keuangan                            statements form an integral part of these consolidated
konsolidasian                                                                                                    financial statements



                                                               7
Page 278
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
 KONSOLIDASIAN                                                                                                             STATEMENTS
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
 yang berakhir pada tanggal tersebut                                                                                          then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM                                                                  1.     GENERAL

   a. Pendirian dan informasi umum                                              a. Establishment and general information

      PT Rukun Raharja Tbk, ("Perusahaan") didirikan                               PT Rukun Raharja Tbk ("the Company") was
      berdasarkan akta No. 290 tanggal 24 Desember 1993                            established by deed No. 290 dated December 24, 1993
      yang dibuat di hadapan Ir. Rusli, S.H., dan diubah dengan                    were made before Ir. Rusli, S.H., and amended by deed
      akta No. 163 tanggal 19 Februari 1994 yang dibuat di                         No. 163 dated February 19, 1994 were made before
      hadapan Kristianto, S.H., Notaris di Jakarta. Akta ini telah                 Kristianto, S.H., Notary in Jakarta. This deed was
      disahkan oleh Menteri Kehakiman (sekarang Menteri                            approved by the Minister of Justice (currently known as
      Hukum dan Hak Asasi Manusia) Republik Indonesia                              the Minister of Law and Human Rights) of the Republic
      No.C2.12743. HT.01.01-Th 94 tanggal 23 Agustus 1994.                         of Indonesia No.C2. 12743. HT.01.01-Th 94 dated
      Perusahaan telah melakukan penyesuaian Anggaran                              August 23, 1994. The Company has adjusted the
      Dasar Perusahaan dengan Undang-Undang No. 40                                 Company's Articles by Law No. 40 In 2007, based on
      Tahun 2007, berdasarkan Akta Pernyataan Keputusan                            the Deed No. 35 on August 8, 2008 made by Mrs.
      Rapat No. 35 Tanggal 8 Agustus 2008 yang dibuat oleh                         Poerbaningsih Adi Warsito, S.H., Notary in Jakarta,
      Ny. Poerbaningsih Adi Warsito, S.H., Notaris di Jakarta,                     where the deed was approved by the Minister of Law
      dimana akta tersebut telah memperoleh persetujuan dari                       and Human Rights of the Republic of Indonesia No.
      Menteri Hukum dan Hak Asasi Manusia Republik                                 AHU-85276.AH.01.02 Tahun 2008 dated November 13,
      Indonesia dengan No. AHU-85276.AH.01.02 Tahun 2008                           2008.
      tanggal 13 November 2008.

      Berdasarkan Akta Pernyataan Keputusan Rapat Umum                             Based on the Deed of Extraordinary General
      Pemegang Saham Luar Biasa No. 1 tanggal 9 Juli 2010                          Shareholders No. 1 dated July 9, 2010 that made before
      yang dibuat di hadapan Notaris Ny. Rini Yulianti, S.H.,                      Notary Mrs. Rini Yulianti, S.H., the shareholders have
      pemegang saham telah menyetujui perubahan bidang                             approved changing the Company's previous line of
      usaha Perusahaan dari sebelumnya bergerak dalam                              business is engaged in real estate to be engaged in the
      bidang real estate menjadi bergerak dalam bidang                             integrated energy providers from upstream to
      penyedia energi terintegrasi dari hulu sampai dengan hilir.                  downstream. The amendment of the Articles of
      Perubahan Anggaran Dasar Perusahaan tersebut telah                           Association of the Company has obtain the approval
      memperoleh persetujuan dari Menteri Hukum dan Hak                            from the Minister of Laws and Human Rights of
      Asasi Manusia Republik Indonesia melalui surat                               Republic of Indonesia based on its Decree No. AHU-
      keputusan No. AHU-35808.AH.01.02 Tahun 2010 tanggal                          35808.AH.01.02 Year 2010 dated July 16, 2010.
      16 Juli 2010. Perubahan Anggaran Dasar Perusahaan                            Amendments to the Articles of Association were last
      yang terakhir dimuat dalam Akta Pernyataan Keputusan                         published in Deed No. 9 On June 11, 2014 were made
      Rapat No. 9 Tanggal 11 Juni 2014 yang dibuat di                              before Rini Yulianti, S.H., Notary in Jakarta, and has
      hadapan Rini Yulianti, S.H., Notaris di Jakarta dan telah                    obtained the approval of an amendment of the Minister
      memperoleh persetujuan perubahan Anggaran Dasar dari                         of Justice and Human Rights of the Republic of
      Menteri Hukum dan Hak Asasi Manusia Republik                                 Indonesia with No. AHU-02946.40.21.2014 dated June
      Indonesia dengan No. AHU-02946.40.21.2014 tanggal 13                         13, 2014.
      Juni 2014.


      Perusahaan telah melakukan penyesuaian Anggaran                              The Company has adjusted the Articles of Association
      Dasar Perusahaan dengan peraturan Otoritas Jasa                              their Company to the Financial Services Authority
      Keuangan No. 32/POJK.04/2014 tentang Rencana dan                             regulation No. 32/POJK.04/2014 on the Planning and
      Penyelenggaraan Rapat Umum Pemegang Saham dan                                Implementation of the General Meeting of Shareholders
      Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014                         and the Financial Services Authority Regulation No.
      tentang Direksi dan Dewan Komisaris, berdasarkan Akta                        33/POJK.04/2014 of the Board of Directors and the
      Pernyataan Keputusan Rapat No. 14 tanggal 22                                 Board of Commissioners, based on the Deed No. 14
      Desember 2015 yang dibuat di hadapan Rini Yulianti,                          dated December 22, 2015 were made ​before Rini
      S.H., Notaris di Jakarta, dimana akta tersebut telah                         Yulianti, S.H., Notary in Jakarta, where the deed has
      memperoleh penerimaan pemberitahuan perubahan                                gained acceptance notification of an amendment of the
      Anggaran Dasar dari Menteri Hukum dan Hak Asasi                              Minister of Justice and Human Rights of the Republic of
      Manusia RI dengan No. AHU-AH.01.03-0001182 tanggal                           Indonesia No. AHU-AH.01.03-0001182 dated January
      8 Januari 2016.                                                              8, 2016.




                                                                     8
Page 279
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                          As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                   then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                 (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                   1.    GENERAL (Continued)

   a. Pendirian dan informasi umum (Lanjutan)                              a. Establishment and general information (Continued)

      Maksud dan tujuan Perusahaan sesuai dengan Pasal 3                      The Company's purposes and objectives in accordance
      Anggaran Dasar adalah sebagai berikut:                                  with Article 3 of the Articles of Association are as
                                                                              follows:
      - Menjalankan usaha dibidang jasa atau pelayanan yang                   - To carry out a business in the service which include
        meliputi jasa-jasa penunjang pertambangan minyak                          supporting services to oil and gas mining, power
        dan gas, penyediaan tenaga listrik, konsultasi bidang                     generation, consultancy in energy and mining, port
        energi dan pertambangan, pengelolaan pelabuhan,                           services, loading and unloading containers, building
        bongkar muat peti kemas, pengelolaan dan penyewaan                        management and rental, supporting utilities of
        gedung, sarana penunjang perusahaan properti dan                          property company and consultancy in planning and
        konsultasi bidang perencanaan dan pengawasan                              construction supervision;
        pembangunan;
      - Menjalankan usaha dibidang pertambangan yang                          - To carry out business in mining, including distribution
        meliputi pendistribusian gas dan Bahan Bakar Minyak                     of gas and fuel oil, gas storage and fuel development,
        ("BBM"), penyimpanan gas dan pengembangan BBM,                          as well as trade capacity and fuel gas transmission
        serta perdagangan kapasitas pipa transmisi gas dan                      pipeline;
        BBM;
      - Menjalankan usaha penunjang yang meliputi usaha                       - To carry out supporting business including
        pemborongan, perdagangan antara lain perdagangan                        contracting, trading such as trading related with real
        yang berhubungan dengan usaha real estate dan                           estate and property; import, export, local and inter-
        properti; perdagangan impor, ekspor, lokal serta antar                  island trading, as well as large commercial
        pulau, demikian pula usaha-usaha perdagangan besar,                     enterprises, as agents, suppliers, wholesalers and
        sebagai agen, leveransir, grosir dan distributor;                       distributors; act as representatives of agencies, other
        bertindak sebagai perwakilan dari badan-badan,                          companies both inside and outside the country.
        perusahaan-perusahaan lain baik di dalam maupun di
        luar negeri.

      Pada saat ini, Perusahaan menjalankan usahanya di                       Currently, the Company’s conducts its business in the
      bidang jasa atau pelayanan distribusi gas bumi.                         field of service or natural gas distribution services. The
      Perusahaan berdomisili di Office Park Thamrin                           Company is domiciled at Office Park Thamrin
      Residences Blok A No. 01-05, Tanah Abang, Jakarta                       Residences Blok A No. 01-05, Tanah Abang, Central
      Pusat.                                                                  Jakarta.

   b. Penawaran umum efek Perusahaan                                       b. The Company’s public offering

      Pada tanggal 31 Desember 2002, Perusahaan                               On December 31, 2002, the Company obtained the
      memperoleh surat pernyataan efektif dari Ketua Badan                    effective statement approval from the Chairman of the
      Pengawas Pasar Modal ("Bapepam") dengan surat                           Capital Market Supervisory Board ("Bapepam") on its
      Nomor S-2699/PM/2002 untuk melakukan Penawaran                          letter No. S-2699/PM/2002 to do initial public offering of
      Umum Saham Perdana Perusahaan kepada masyarakat                         its shares of 120,000,000 (one hundred and twenty
      sejumlah 120.000.000 (seratus dua puluh juta) lembar                    million) shares by names along with warrants as much
      saham biasa atas nama disertai dengan waran sebanyak                    as 84,000,000 (eighty four million) common shares of
      84.000.000 (delapan puluh empat juta) lembar waran                      warrants allotted free of charge. Each holder of a
      yang diberikan secara cuma-cuma. Setiap pemegang                        warrant is entitled to purchase one share of the
      satu waran berhak membeli satu saham Perusahaan                         Company with an exercise price of Rp 100 per share.
      dengan harga pelaksanaan sebesar Rp 100 per saham.                      Purchases can be made during the execution period
      Pembelian dapat dilakukan selama masa pelaksanaan                       starting on July 21, 2003 until January 22, 2006. If the
      yaitu mulai tanggal 21 Juli 2003 sampai dengan 22                       warrants are not exercised until the period of validity
      Januari 2006. Bila waran tidak dilaksanakan sampai                      expires, the warrants shall be expired. All shares have
      dengan masa berlaku habis, maka waran tersebut                          been listed on the Surabaya Stock Exchange on
      menjadi kedaluwarsa. Seluruh saham tersebut telah                       January 22, 2003.
      dicatat di Bursa Efek Surabaya tanggal 22 Januari 2003.




                                                                 9
Page 280
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                       1.    GENERAL (Continued)

   b. Penawaran umum efek Perusahaan (Lanjutan)                                b. The Company’s public offering (Continued)

      Pada tanggal 28 Juni 2005, Perusahaan memperoleh                            On June 28, 2005, the Company obtained the effective
      surat pernyataan efektif dari Ketua Bapepam dengan                          statement approval from the Chairman of Bapepam on
      surat Nomor: S1697/PM/2005 untuk melakukan                                  its letter No: S1697/PM/2005 to do Right Issue to the
      Penawaran Umum Terbatas I kepada para pemegang                              shareholders in the framework of the issuance of
      saham dalam rangka penerbitan Hak Memesan Efek                              Preemptive Rights ("HMETD"). The number of shares of
      Terlebih Dahulu ("HMETD"). Jumlah saham hasil                               public offering I was as much as 362,718,750 (three
      penawaran umum terbatas I adalah sebanyak                                   hundred and sixty-two million seven hundred and
      362.718.750 (tiga ratus enam puluh dua juta tujuh ratus                     eighteen thousand seven hundred and fifty thousand)
      delapan belas ribu tujuh ratus lima puluh ribu) lembar                      shares with a value of as much as Rp 100 per share
      saham dengan harga pelaksanaan Rp 100 setiap saham.                         execution.

      Pada tanggal 30 April 2012, Perusahaan memperoleh                           On April 30, 2012, the Company obtained an effective
      surat pernyataan efektif dari Ketua Bapepam dengan                          statement of the Chairman of Bapepam in letter No. S-
      surat No. S-4933/BL/2012 untuk melakukan penawaran                          4933/BL/2012 to conduct a limited public offering II to
      umum terbatas II kepada para pemegang saham dalam                           shareholders in order to issue Rights issue (HMETD)
      rangka penerbitan HMETD Saham Biasa Atas Nama                               Common Shares with a nominal value of Rp 100 per
      dengan nilai nominal Rp 100 setiap saham, dengan                            share with the provisions of any holder of 2 (two) old
      ketentuan setiap pemegang 2 (dua) saham lama berhak                         shares entitled to 1 (one) HMETD to purchase 1 (one)
      atas 1 (satu) HMETD untuk membeli 1 (satu) saham baru.                      new share. The number of shares the limited public
      Jumlah saham hasil penawaran umum terbatas II adalah                        offering II is as much as 339,756,875 shares with an
      sebanyak 339.756.875 saham dengan nilai harga                               exercise price of Rp 677 per share.
      pelaksanaan Rp 677 setiap saham.

      Perusahaan telah melakukan penambahan modal                                 The Company has made additional capital as much as
      sebanyak 10% (sepuluh persen) dari modal disetor                            10% (ten percent) from paid capital through without
      melalui    mekanisme   penambahan     modal   tanpa                         giving HMETD with due observance of the prevailing
      memberikan HMETD dahulu dengan memperhatikan                                laws and regulations in the capital market sector,
      ketentuan perundang-undangan yang berlaku dibidang                          especially the Financial Services Authority Regulation
      pasar modal khususnya Peraturan Otoritas Jasa                               No.38/POJK.04/2014 with reference additional paid
      Keuangan No. 38/POJK.04/2014 tentang penambahan                             capital without giving pre-emptive rights, based on deed
      modal perusahaan tanpa memesan efek terlebih dahulu,                        No.20 dated September 21, 2018 made by Rini Yulianti
      berdasarkan Akta No. 20 tanggal 21 September 2018                           S.H. which has been notified to the Minister of Law and
      dibuat oleh Rini Yulianti S.H., yang mana telah                             Human Rights based on a letter of receipt of notification
      diberitahukan kepada Menteri Hukum dan Hak Asasi                            of changes to the Articles of Association of the
      Manusia berdasarkan surat penerimaan pemberitahuan                          Company No.AHU-AH.01.03-0245634 dated September
      perubahan anggaran dasar Perusahaan No. AHU-                                24, 2018.
      AH.01.03-0245634 tanggal 24 September 2018.

   c. Dewan komisaris, direksi, komite audit dan karyawan                      c. Boards of commissioners, directors, audit committee
                                                                                  and employees

      Berdasarkan akta notaris nomor 72 tanggal 29 Mei 2023                       Based on notary deed number 72 dated May 29, 2023
      (2022: 39 tanggal 22 Juni 2022) dari Notaris Rini Yulianti,                 (2022: number 39 dated June 22, 2022) of Notary Rini
      SH, susunan dewan komisaris dan direksi Perusahaan                          Yulianti, SH, the composition of the Company's board of
      pada tanggal 31 Desember 2023 dan 2022 adalah                               commissioners and directors as at December 31, 2023
      sebagai berikut:                                                            and 2022 are as follows:

                                               2023                                       2022

      Dewan komisaris                                                                                             Board of commissioners
       Komisaris utama                      Rudiantara                                Rudiantara                 President commissioner
       Komisaris                     Mohammad Arsjad Rasjid                     Mohammad Arsjad Rasjid                    Commissioner
                                          P. Mangkuningrat                         P. Mangkuningrat
       Komisaris independen              Rachmad Gobel                              Rachmat Gobel             Independent commissioner
       Komisaris independen           Djaman Andhi Nirwanto                               -                   Independent commissioner
       Komisaris independen            Orias Petrus Moedak                                -                   Independent commissioner




                                                                    10
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                  1.    GENERAL (Continued)

   c. Dewan komisaris, direksi, komite audit dan karyawan                 c. Boards of commissioners, directors, audit committee
      (Lanjutan)                                                             and employees (Continued)

                                            2023                                     2022

      Dewan direksi                                                                                                 Board of directors
       Direktur utama             Djauhar Maulidi                         Djauhar Maulidi                          President director
       Direktur                   M. Oka Lesmana Firdauzi                 M. Oka Lesmana Firdauzi                           Director
       Direktur                   Sumantri                                Sumantri                                          Director
       Direktur                   Ogi Rulino                              -                                                 Director

      Susunan komite audit Perusahaan pada tanggal 31                        The composition of the Company’s audit committee as
      Desember 2023 dan 2022 adalah sebagai berikut:                         at December 31, 2023 and 2022 was as follows:

      Komite Audit                                                                                                   Audit Committee
       Ketua                                             Rachmat Gobel                                                     Chairman
       Anggota                                         Budi Taufik Wibawa                                                   Member
       Anggota                                         Aryo Wibisono, SE                                                    Member

      Jumlah karyawan Perusahaan dan Entitas Anaknya pada                    Number of employees of the Company and Its
      tanggal 31 Desember 2023 dan 2022 masing-masing                        Subsidiaries as at December 31, 2023 and 2022 are 563
      sebanyak 563 dan 434 orang (tidak diaudit).                            and 434 employees, respectively (unaudited).

      Pembentukan komite audit telah dilakukan sesuai dengan                 The formation of the audit committee is in accordance
      peraturan Otoritas Jasa Keuangan (”OJK”) No.                           with Financial Services Authority (“OJK”) rule No.
      55/POJK.04/2015 tanggal 29 Desember 2015.                              55/POJK.04/2015 dated December 29, 2015.

      Pada tanggal 31 Desember 2023 dan 2022 Corporate                       On December 31, 2023 and 2022 Company's Corporate
      Secretary Perusahaan adalah Yuni Pattinasarani.                        Secretary is Yuni Pattinasarani. The Company has
      Perusahaan telah membentuk unit internal audit sejak                   established an internal audit unit since June 2, 2011.
      tanggal 2 Juni 2011.

      Beban gaji dan kompensasi lainnya yang dibayarkan atau                 Salaries and other compensation expense from the
      terutang kepada Komisaris dan Direksi Perusahaan                       Commissioners and Directors of the Company are as
      adalah sebagai berikut:                                                follows:

                                                     2023                   2022

      Komisaris                                        540.228                310.462                                 Commissioners
      Direksi                                          998.115                646.073                                     Directors

        Jumlah                                        1.538.343               956.535                                         Total




                                                               11
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                                              PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                                     STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                                As at December 31, 2023 and 2022 and for the years
    yang pada berakhir tanggal tersebut                                                                                                        then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                                       (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                                         1.     GENERAL (Continued)

   d. Entitas anak, entitas asosiasi dan pengaturan bersama                                       d. Subsidiaries, associate entities and join arrangements

      Pada tanggal 31 Desember 2023 dan 2022, Perusahaan                                             As at December 31, 2023 and 2022, the Company has
      mempunyai pemilikan langsung dan tidak langsung pada                                           direct and indirect ownership in the following
      entitas anak dengan rincian sebagai berikut:                                                   subsidiaries with detail as follows:
                                                                                                                                       Persentase             Jumlah aset sebelum
                                                                                                                                       kepemilikan                  eliminasi/
                                                                                                                        Tahun          efektif (%)/            Total assets before
                                                                                                         Tahun        pendirian/        Effective                  elimination
                                                                                                       penyertaan/     Year of        percentage of              (Dalam ribuan/
      Entitas Anak/                              Domisili/   Kegiatan usaha/                            Year of       establish-      ownership (%)               in thousand)
      Subsidiaries                               Domicile    Business activities                       acquisition      ment         2023       2022           2023         2022

      Dimiliki langsung oleh Perusahaan/
      Held directly by the Company
      1. PT Triguna Internusa Pratama ("TIP")    Jakarta     Transmisi dan kompresi gas/                    2010         2003        100,00       100,00       29.811     34.138
                                                             Gas transmission and compression
      2. PT Panji Raya Alamindo ("PRA")          Jakarta     Investasi/Investment                           2010         2007         67,00           67,00    97.287     79.724
      3. PT PDPDE Gas ("PDPDE")                  Jakarta     Distributor gas alam/                          2014         2009         85,00           85,00     3.839      5.043
                                                             Distributor of natural gas
      4.   PT Petrotech Penta Nusa ("PTN")       Jakarta     Jasa energi/Energy services                    2020         2004        99,90        99,90         3.821      3.003
      5.   PT Raharja Daya Energi ("RDE")        Jakarta     Investasi/Investment                           2014         2014        99,00        99,00            97        121
      6.   PT Raharja Energi Cepu ("REC")        Jakarta     Investasi/Investment                           2018         2006        100,00       100,00       57.475     14.452
      7.   PT Rukun Prima Sarana ("RPS")         Jakarta     Energi/Energy *)                               2015         2012        97,50        97,50           662        636
      8.   PT Raharja Energi Sentosa ("RES")     Jakarta     Energi/Energy *)                               2017         2017        99,00        99,00           658        642
      9.   PT Heksa Energi Mitraniaga ("HEM")    Jakarta     Jasa penyediaan fasilitas LPG **)/             2020         2019        85,00        85,00         4.496      4.422
                                                             LPG facilities services
      10. PT Raharja Energi Bohorok ("REB")      Jakarta     Jasa profesional/                              2020         2020        100,00       100,00          649        636
                                                             Professional services *)
      Dimiliki melalui/Held through TIP
      1. PT Trimitra Cipta Mandiri ("TCM")       Jakarta     Jasa pemeliharaan LPG/                         2011         2000        100,00       100,00        1.377      1.174
                                                             LPG facilities services
      3. PT Bravo Delta Persada ("BDP")          Jakarta     Penampungan, Penjernihan dan                   2020         2008         99,00           99,00     1.656      1.711
                                                             penyaluran air/ Storage, purification
                                                             and distribution of water
      Dimiliki melalui/Held through PRA
      1. PT Energasindo Heksa Karya ("EHK")      Jakarta     Distributor gas alam/                          2010         1998         67,00           67,00    85.619     68.022
                                                             Distributor of natural gas
      2. PT Prima Energi Raharja ("PER")         Jakarta     Energi/Energy *)                               2012         2012         67,02           67,02       698        709

      Dimiliki melalui/Held through EHK
      1. PT Majuko Utama Indonesia ("MUI")       Jakarta     Jasa transportasi gas/                         2021         2003         66,99           66,99     1.815      1.815
                                                             Gas transportation services
      2. PT Artha Prima Energi ("APE)            Jakarta     Perdagangan/trading of CNG ***)                2021         2017         53,59           53,59    10.936      9.468
      3. PT Bumi Karya Artha ("BKA")             Jakarta     Energi/Energy *)                               2016         2016         67,32           67,32        69         69

      Dimiliki melalui/Held through RDE
      1. PT Adidaya Bismawisesa
            International ("ABI")                Jakarta     Energi/Energy *)                               2014         2014         99,01           99,01       347        363

      Dimiliki melalui/Held through PTN
      1. PT Artifisial Teknologi
            Persada ("ATP")                      Jakarta     Perdagangan dan sewa pompa minyak/             2021         2005         84,92           84,92     2.634      1.917
                                                             Trading and rental of oil pump
      Dimiliki melalui/Held through REC
      1. PT Raharja Energi Tanjung               Jakarta     Pertambangan dan penggalian/                   2022         2022         99,00           99,00    45.908         69
            Jabung ("RETJ")                                  Mining and excavation

      *)   Tidak ada aktivitas pada tahun 2023 dan 2022                                              *)     No activities in the year 2023 and 2022
      **) LPG = Gas minyak cair                                                                      **)    LPG = Liquefied petroleum gas
      ***) CNG = Gas bumi terkompresi                                                                ***)   CNG = Compressed natural gas




                                                                                     12
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                          As at December 31, 2023 and 2022 and for the years
    yang pada berakhir tanggal tersebut                                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                                 (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                                   1.     GENERAL (Continued)

   d. Entitas anak, entitas asosiasi dan pengaturan bersama                                 d. Subsidiaries, associate entities and join arrangements
      (Lanjutan)                                                                               (Continued)

      Pada tanggal 31 Desember 2023 dan 2022, Perusahaan                                       As at December 31, 2023 and 2022, the Company has
      mempunyai entitas asosiasi dengan rincian sebagai                                        interests in associates entities with detail as follows:
      berikut:
                                                                                                                           Tahun              Persentase kepemilikan
                                                                                                        Tahun            pendirian/                  efektif (%)/
                                                                                                      penyertaan/         Year of             Effective percentage of
      Entitas asosiasi/                             Kegiatan usaha/                                    Year of           establish-               ownership (%)
      Associates entities                           Business activities                               acquisition          ment                2023            2022

      1. PT Petrogas Jatim Utama                    Pertambangan minyak dan gas bumi/                     2007              2007               49,00         49,00
          Cendana ("PJUC")                          Oil and natural gas mining

      2. PT Banggai Ammonia                         Kimia dasar organik/                                  2022              2022               40,00         40,00
          Indonesia ("BAI")                         Basic organic chemical *)
         *) Tidak ada aktivitas pada tahun 2023 dan 2022                                         *) No activities in the year 2023 and 2022

      Pada tanggal 31 Desember 2023 dan 2022, Grup                                             As at December 31, 2023 and 2022, the Group has
      mempunyai kerja sama operasi minyak dan gas alam                                         interests in oil and natural gas joint operation with detail
      dengan rincian sebagai berikut:                                                          as follows:

                                                                                                                    Persentase hak kepemilikan (%)/
      Kerja sama operasi/                                                              Lokasi/                   Percentage of participating interests (%)
      Joint operation                                                                 Location                        2023                    2022
      Blok/block     Rokan                                                        Riau, Indonesia                        25,00                          25,00
      Blok/block     Jabung                                                      Jambi, Indonesia                        8,00                             -

      Blok Rokan                                                                               Rokan Block

      Berdasarkan perjanjian Kerja Sama Operasi ("KSO")                                        Based on the Joint Operation Agreement ("KSO") dated
      tertanggal 21 Oktober 2020, dan selanjutnya di                                           October 21, 2020, and subsequently amended on April
      amandemen tanggal 14 April 2021 dan 30 Agustus 2021,                                     14, 2021 and August 30, 2021, the Company and PT
      Perusahaan dan PT Pertamina Gas ("Pertagas")                                             Pertamina Gas ("Pertagas") entered into a KSO
      mengadakan perjanjian KSO melalui skema KSO non-                                         agreement through a non-administrative KSO scheme in
      administrasi dalam pembangunan, pengoperasian dan                                        construction, operation and maintenance of Rokan
      pemeliharaan bersama pada Proyek Pipa Rokan yang                                         Pipeline Project located in Rokan-Riau, that is Balam-
      berlokasi di Rokan-Riau yaitu proyek pipa minyak koridor                                 Bangka-Dumai corridor oil pipeline project and the
      Balam-Bangka-Dumai dan Koridor Minas-Duri-Dumai                                          Minas-Duri-Dumai corridor with total length of
      sepanjang kurang lebih 352 KM yang terdiri jaringan pipa                                 approximately 352 KM consisting of a pipeline of twelve
      dua belas (12) segmen dan stasiun tiga (3) segmen,                                       (12) segments and stations of three (3) segments,
      termasuk fasilitas-fasilitas pendukungnya.                                               including its supporting facilities.

      Perusahaan dan Pertagas secara bersama-sama                                              The Company and Pertagas jointly participate in the
      berpartisipasi dalam pengelolaan dan kepemilikan Proyek                                  management and ownership of the Rokan Pipeline
      Pipa Rokan sesuai dengan bagian partisipasi masing-                                      Project in accordance with their respective participation
      masing. Estimasi jumlah nilai investasi KSO Proyek Pipa                                  shares. The total estimated investment value of the
      Rokan ini adalah sebesar AS$ 300.629.858, dimana                                         KSO Rokan Pipeline Project is US$ 300,629,858, with
      Pertagas berpartisipasi sebesar 75% dan Perusahaan                                       Pertagas participating at 75% and the Company at 25%.
      sebesar 25%. Peran utama Pertagas adalah sebagai                                         Pertagas plays a primary role as the entity assigned by
      pihak yang ditugaskan oleh PT Pertamina (Persero)                                        PT Pertamina (Persero) ("Pertamina") and PT
      ("Pertamina") dan PT Perusahaan Gas Negara Tbk                                           Perusahaan Gas Negara Tbk ("PGN") to execute the
      ("PGN") untuk melaksanakan Proyek Pipa Rokan,                                            Rokan      Pipeline   Project.  This    includes     land
      melakukan pengurusan lahan, pemegang izin usaha,                                         management, holding business permits, having
      memiliki perjanjian pengangkutan dengan Pertamina dan                                    transportation agreements with Pertamina and PT
      PT Pertamina Hulu Rokan ("PHR") dan memberikan                                           Pertamina Hulu Rokan ("PHR"), and providing funding
      kontribusi pendanaan. Sedangkan peran utama                                              contributions. Meanwhile, the Company's main role is to
      Perusahaan adalah sebagai pihak yang memberikan                                          contribute funding and support the implementation of
      kontribusi pendanaan dan dukungan dalam pelaksanaan                                      the Rokan Pipeline Project.
      Proyek Pipa Rokan.



                                                                                13
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang pada berakhir tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


1. UMUM (Lanjutan)                                                     1.     GENERAL (Continued)

   d. Entitas anak, entitas asosiasi dan pengaturan bersama                   d. Subsidiaries, associate entities and join arrangements
      (Lanjutan)                                                                 (Continued)

      Pada tanggal 31 Desember 2023 dan 2022, Grup                               As at December 31, 2023 and 2022, the Group has
      mempunyai kerja sama operasi minyak dan gas alam                           interests in oil and natural gas joint operation with detail
      dengan rincian sebagai berikut: (Lanjutan)                                 as follows: (Continued)

      Blok Rokan (Lanjutan)                                                      Rokan Block (Continued)

      Perusahaan dan Pertagas bersama-sama berhak atas                           The Company and Pertagas are collectively entitled to
      pendapatan dan keuntungan, sejalan dengan porsi atau                       the generated revenue and profits, each in proportion to
      bagian partisipasinya, selama jangka waktu perjanjian.                     their respective participations, throughout the entire
      Perjanjian ini berlaku sejak tanggal efektif KSO pada 27                   duration of the KSO Agreement, effective from April 27,
      April 2021 hingga 8 Agustus 2041. Kesepakatan ini                          2021, to August 8, 2041. This agreement specifically
      mengacu pada perjanjian pengangkutan minyak bumi                           pertains to the transportation of crude oil via the Minas-
      melalui pipa, yaitu ruas Minas-Duri-Dumai dan Balam-                       Duri-Dumai      and    Balam-Bangko-Dumai          pipeline
      Bangko-Dumai, antara Pertagas dan PHR. Ketika                              segments, a collaboration between Pertagas and PHR.
      perjanjian berakhir, kepemilikan Perusahaan atas Pipa                      Upon the conclusion of the agreement, the Company's
      Rokan akan dialihkan ke Pertagas. Dengan demikian,                         ownership stake in the Rokan Pipeline will seamlessly
      pada akhir perjanjian, seluruh Pipa Rokan akan                             transition to Pertagas, ultimately resulting in Pertagas
      sepenuhnya menjadi milik Pertagas.                                         becoming the sole proprietor of the Rokan Pipeline.

      Pengeluaran       modal      yang telah  direalisasikan                    Capital expenditures that have been realized and
      pengunaannya oleh Pertagas untuk Proyek Pipa Rokan                         utilized by Pertagas for the Rokan Pipe Project were
      dicatat sebagai aset tetap "jaringan pipa kerja sama                       recorded as fixed assets of "pipeline of joint operations"
      operasi" (lihat catatan 10).                                               (see note 10).

      Pengeluaran modal yang telah dibayarkan oleh                               Capital expenditures that have been paid by the
      Perusahaan namun belum direalisasikan pengunaannya                         Company but not yet utilized by Pertagas for the Rokan
      oleh Pertagas untuk Proyek Pipa Rokan dicatat sebagai                      Pipe Project were recorded as other non-current assets
      aset tidak lancar lain-lain "uang muka cash call " (lihat                  of "advance for cash call" (see note 14).
      catatan 14).

      Blok Jabung                                                                Jabung Block

      Berdasarkan Perjanjian Jual Beli Participating Interest                    Based on the Conditional Participating Interest ("PI")
      ("PI") Bersyarat antara PT GPI Jabung Indonesia ("GPI")                    Sale and Purchase Agreement between PT GPI Jabung
      dan PT Raharja Energi Tanjung Jabung ("RETJ"), entitas                     Indonesia ("GPI") and PT Raharja Energi Tanjung
      anak, tanggal 7 Juni 2023, GPI setuju untuk menjual dan                    Jabung ("RETJ"), a subsidiary, dated June 7 2023, GPI
      mengalihkan 8% kepemilikan atas PI sebesar di Wilayah                      agreed to sell and transfer the PI of 8% in the Jabung
      Kerja Jabung kepada RETJ dengan harga jual senilai                         Working Area to RETJ with a selling price of
      AS$26,500,000, termasuk Production Sharing Contract                        US$26,500,000 inclusive Profit Sharing Contract
      ("PSC") - 7% Transfer Tax . RETJ telah mendapatkan                         ("PSC") - Transfer Tax of 7%. RETJ has obtained
      persetujuan dari Menteri Energi dan Sumber Daya Mineral                    approval from the Minister of Energy and Mineral
      Republik Indonesia nomor T-965/MG.04/MEM.M/2023                            Resources of the Republic of Indonesia number T-
      tanggal 22 Desember 2023 atas pengalihan tersebut.                         965/MG.04/MEM.M/2023 dated 22 December 2023 for
                                                                                 this permit.

      RETJ memiliki hak atas pendapatan dan keuntungan,                          RETJ is entitled to revenue and profits, in accordance
      sesuai dengan porsi atau bagian partisipasinya, selama                     with its proportional or participatory share for twenty
      periode dua puluh (20) tahun, mulai dari tanggal 27                        (20) years, commencing from February 27, 2023 until
      Februari 2023 hingga 27 Februari 2043.                                     February 27, 2043.

      Pengeluaran      modal      yang   telah   direalisasikan                  Capital expenditures that have been realized by RETJ
      pengunaannya oleh RETJ untuk pembelian porsi                               for the purchase of Participating Interest portion, were
      Participating Interest, dicatat sebagai "Properti minyak                   recorded as "Oil and gas properties" (see note 13).
      dan gas" (lihat catatan 13).




                                                                  14
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL                              2.    MATERIAL ACCOUNTING POLICY INFORMATION

   Informasi kebijakan akuntansi material yang diterapkan oleh               Material accounting policy information adopted by the
   Perusahaan dan entitas anaknya (secara bersama-sama                       Company and it subsidiary (collectively referred to as the
   disebut sebagai "Grup") yang mempengaruhi penentuan                       "Group") which affect the determination of its financial
   posisi keuangan dan hasil usahanya dijelaskan berikut ini:                position and results of its operations is presented below:

   a. Dasar penyusunan laporan keuangan konsolidasian                        a. Basis for preparation of the consolidated financial
                                                                                statements

      Laporan keuangan konsolidasian telah disusun dan                          The consolidated financial statements have been
      disajikan sesuai dengan Standar Akuntansi Keuangan di                     prepared and presented in accordance with Indonesian
      Indonesia, yang mencakup Pernyataan Standar Akuntansi                     Financial Accounting Standards, which comprise the
      Keuangan ("PSAK") dan Interpretasi Standar Akuntansi                      Statement of Financial Accounting Standards ("SFAS")
      Keuangan ("ISAK") yang dikeluarkan oleh Dewan Standar                     and Interpretation of Financial Accounting Standards
      Akuntansi Keuangan Ikatan Akuntan Indonesia dan                           ("IFAS") issued by the Financial Accounting Standards
      peraturan-peraturan serta pedoman penyajian dan                           Board of the Indonesian Institute of Accountants and the
      pengungkapan laporan keuangan yang diterbitkan oleh                       regulations and guidelines on financial statement
      Otoritas Jasa Keuangan ("OJK").                                           presentation and disclosures issued by Financial
                                                                                Services Authority ("OJK").

      Dasar penyusunan laporan keuangan konsolidasian,                          The basis for preparing the consolidated financial
      kecuali untuk laporan arus kas konsolidasian, adalah                      statements, except for the consolidated statements of
      dasar akrual. Laporan keuangan konsolidasian disusun                      cash flows, is accrual basis. The consolidated financial
      dan disajikan berdasarkan asumsi kelangsungan usaha                       statements have been prepared and presented based
      dan dengan pengukuran nilai historis, kecuali beberapa                    on going concern assumption and with historical value
      akun tertentu disusun berdasarkan pengukuran lain                         measurements, except for certain accounts which have
      sebagaimana diuraikan dalam kebijakan akuntansi                           been prepared using other measurements as described
      masing-masing akun tersebut.                                              in the related accounting policies for those accounts.

      Laporan arus kas konsolidasian disusun dengan                             The consolidated statements of cash flows have been
      menggunakan         metode  langsung    dengan                            prepared using the direct method which classified cash
      mengelompokkan arus kas dalam aktivitas operasi,                          flows into operating, investing and financing activities.
      investasi dan pendanaan.

      Penyusunan       laporan    keuangan        konsolidasian                 The preparation of consolidated financial statements
      mengharuskan penggunaan estimasi dan asumsi. Hal                          requires the use of certain critical accounting estimates
      tersebut juga mengharuskan manajemen untuk membuat                        and assumptions. It also requires management to
      pertimbangan dalam proses penerapan kebijakan                             exercise its judgement in the process of applying the
      akuntansi Grup. Area yang kompleks atau memerlukan                        Group’s accounting policies. The complexity areas or
      tingkat pertimbangan yang lebih tinggi atau area di mana                  involving a higher degree of judgement, or areas where
      asumsi dan estimasi dapat berdampak signifikan                            assumptions and estimates are significant to the
      terhadap laporan keuangan konsolidasian diungkapkan di                    consolidated financial statements are disclosed in Note
      Catatan 3.                                                                3.

      Perubahan pada PSAK dan ISAK                                              Changes in SFAS and IFAS

      Dewan Standar Akuntansi Keuangan Ikatan Akuntan                           The Financial Accounting Standards Board of the
      Indonesia   telah   menerbitkan   amandemen       dan                     Indonesian Institute of Accountants has issued the
      penyesuaian berikut, yang berlaku efektif untuk tahun                     following amendments and improvements, which are
      buku yang dimulai pada 1 Januari 2023, namun tidak                        effective for the financial year starting January 1, 2023,
      relevan atau tidak menyebabkan perubahan signifikan                       but did not relevant or did not result in substantial
      atas kebijakan akuntansi Perusahaan dan tidak                             changes to the Company’s accounting policies and had
      memberikan dampak yang material terhadap jumlah yang                      no material effect on the amounts reported for the
      dilaporkan di laporan keuangan konsolidasian tahun                        current year consolidated financial statements.
      berjalan.




                                                                  15
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN          AKUNTANSI     MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY     INFORMATION
   (Lanjutan)                                                                 (Continued)

   a. Dasar penyusunan       laporan    keuangan   konsolidasian              a. Basis for preparation of the consolidated financial
      (Lanjutan)                                                                 statements (Continued)

      Perubahan pada PSAK dan ISAK (Lanjutan)                                    Changes in SFAS and IFAS (Continued)

      1 Januari 2023                                                             January 1, 2023

      - Amendemen PSAK 1 “Penyajian Laporan Keuangan”                            - The amendments to SFAS 1 “Presentation of
        tentang kewajiban diklasifikasikan antara lancar dan                       Financial Statements” about the classification of
        tidak lancar dan pengungkapan kebijakan akuntansi.                         liabilities between current and non-current and
                                                                                   disclosure of accounting policies.
      - Amendemen PSAK 16 “Aset Tetap” tentang hasil                             - The amendments to SFAS 16 “Property, Plant and
        sebelum penggunaan yang diintensikan.                                      Equipment” about proceeds before intended use.
      - Amendemen PSAK 25 “Kebijakan Akuntansi,                                  - The amendments to SFAS 25 “Accounting Policies,
        Perubahan Estimasi Akuntansi dan Kesalahan” tentang                        Changes in Accounting Estimates and Errors” about
        definisi estimasi akuntansi.                                               definition of accounting estimates.
      - Amendemen PSAK 46 “Pajak Penghasilan” tentang                            - The amendments to SFAS 46 "Income Tax" about
        pajak tangguhan terkait aset dan liabilitas yang timbul                    deferred tax related to assets and liabilities arising
        dari transaksi tunggal.                                                    from a single transaction.

      Standar baru, revisi, amandemen dan interpretasi berikut                   The following new, revised standards, amendments and
      yang relevan untuk Perusahaan akan efektif untuk tahun                     interpretations which are relevant to the Company will
      buku yang dimulai pada:                                                    be effective for the financial year beginning:

      1 Januari 2024                                                             January 1, 2024

      - Amendemen PSAK 1 "Penyajian Laporan Keuangan";                           - The amendments to SFAS 1 "Presentation of
                                                                                   Financial Statements";
      - Amendemen PSAK 73 "Sewa".                                                - The amendments to SFAS 73 "Leases".

   b. Prinsip-prinsip konsolidasian                                           b. Principles of consolidation

      Laporan keuangan konsolidasian meliputi laporan                            The consolidated financial statements include the
      keuangan Perusahaan dan entitas anaknya sebagaimana                        financial statements of the Company and its
      dijelaskan dalam catatan 1d atas laporan keuangan                          Subsidiaries as described in note 1d to consolidated
      konsolidasian, dimana Perusahaan mempunyai pemilikan                       financial statements, which the Company has direct
      secara langsung lebih dari 50% pemilikan dan/atau                          ownership of more than 50% ownership and/or has the
      mempunyai hak untuk mengatur dan mengendalikan                             right to regulate and control the management and
      kebijakan manajemen serta operasional Entitas Anak.                        operational policies of Subsidiaries.

      Pengaruh dari seluruh transaksi dan saldo antara                           The effects of all transactions and balances between the
      perusahaan-perusahaan di dalam Grup yang material                          companies within the Group have been eliminated in
      telah dieliminasi dalam penyajian laporan keuangan                         preparing the consolidated financial statements.
      konsolidasian.

      Entitas Anak dikonsolidasi secara penuh sejak tanggal                      Subsidiaries are fully consolidated from the date of
      akuisisi, yaitu tanggal Perusahaan memperoleh                              acquisitions, being the date on which the Company
      pengendalian, sampai dengan tanggal Grup kehilangan                        obtained control, and continue to be consolidated until
      pengendalian. Pengendalian dianggap ada ketika                             the date such control ceases. Control is presumed to
      Perusahaan memiliki secara langsung atau tidak                             exist if the Company owns, directly or indirectly through
      langsung melalui Entitas Anak, lebih dari setengah                         subsidiaries, more than a half of the voting power of an
      kekuasaan suara entitas.                                                   entity.




                                                                   16
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                               PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                       STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                 As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                          then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                        (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI        KEBIJAKAN         AKUNTANSI        MATERIAL             2.    MATERIAL       ACCOUNTING        POLICY      INFORMATION
   (Lanjutan)                                                                     (Continued)

   b. Prinsip-prinsip konsolidasian (Lanjutan)                                    b. Principles of consolidation (Continued)

      Rugi entitas anak yang tidak dimiliki secara penuh                             Losses of a non-wholly owned subsidiary are attributed
      diatribusikan pada Kepentingan Non-Pengendali ("KNP")                          to the Non-controlling Interests ("NCI") even if that
      bahkan jika hal ini mengakibatkan KNP mempunyai saldo                          results in a deficit balance.
      defisit.

      Selisih lebih imbalan yang dialihkan, jumlah setiap                            The excess of the consideration transferred the amount
      kepentingan nonpengendali pada pihak diakuisisi dan nilai                      of any non-controlling interest in the acquiree and the
      wajar pada tanggal akuisisi kepentingan ekuitas                                acquisition-date fair value of any previous equity interest
      sebelumnya dimiliki oleh pihak pengakuisisi pada pihak                         in the acquiree over the fair value of the net identifiable
      diakuisisi atas nilai wajar aset bersih teridentifikasi yang                   assets acquired is recorded as goodwill. If those
      diperoleh dicatat sebagai goodwill . Jika jumlah tersebut                      amounts are less than the fair value of the net
      lebih rendah dari nilai wajar aset bersih teridentifikasi atas                 identifiable assets of the business acquired, in the case
      bisnis yang diakuisisi dalam kasus pembelian dengan                            of a bargain purchase, the difference is recognised
      diskon, selisihnya diakui dalam laporan laba rugi                              directly in the consolidated profit or loss.
      konsolidasian.

      Jika kehilangan pengendalian atas suatu Entitas Anak,                          In case of loss of control over a subsidiary, the Group:
      maka Grup:
      - menghentikan pengakuan aset (termasuk setiap                                 - derecognized the assets (including goodwill) and
         goodwill ) dan liabilitas Entitas Anak;                                       liabilities of the Subsidiary;
      - menghentikan pengakuan jumlah tercatat setiap KNP;                           - derecognized the carrying amount of any NCI;
      - menghentikan          pengakuan       akumulasi selisih                      - derecognized the cumulative translation differences,
         penjabaran, yang dicatat di ekuitas, bila ada;                                recorded in equity, if any;
      - mengakui nilai wajar pembayaran yang diterima;                               - recognized the fair value of the consideration
                                                                                       received;
      - mengakui setiap sisa investasi pada nilai wajarnya;                          - recognized the fair value of any investment retained;
      - mengakui setiap perbedaan yang dihasilkan sebagai                            - recognized any surplus or deficit in the consolidated
        keuntungan atau kerugian dalam laporan laba rugi dan                           statement of profit or loss and other comprehensive
        penghasilan komprehensif lain konsolidasian; dan                               income; and
      - mereklasifikasi bagian induk atas komponen yang                              - reclassifies the parent’s share of components
        sebelumnya diakui sebagai laba komprehensif ke                                 previously recognized in other comprehensive income
        laporan laba rugi dan penghasilan komprehensif lain                            to the consolidated statement of profit or loss and
        konsolidasian, atau mengalihkan secara langsung ke                             other comprehensive income or retained earnings, as
        saldo laba.                                                                    appropriate.

      KNP mencerminkan bagian atas laba atau rugi dan aset                           NCI represents the portion of the profit or loss and net
      neto dari Entitas-entitas Anak yang tidak dapat                                assets of the Subsidiaries not attributable, directly or
      diatribusikan secara langsung maupun tidak langsung                            indirectly, to a parent, which are presented in the
      oleh Grup, yang masing-masing disajikan dalam laporan                          consolidated statement of profit or loss and other
      laba    rugi   dan    penghasilan   komprehensif    lain                       comprehensive income and under the equity section of
      konsolidasian dan dalam ekuitas pada laporan posisi                            the consolidated statements of financial position,
      keuangan konsolidasian, terpisah dari bagian yang dapat                        respectively, separately from the correspoding portion
      diatribusikan kepada pemilik Perusahaan.                                       attributable to the equity holders of the Parent entity.

      Perubahan dalam bagian kepemilikan Perusahaan pada                             Changes in the Company's ownership in Subsidiaries
      Entitas Anak yang tidak mengakibatkan hilangnya                                that do not result in loss of control accounted for as
      pengendalian dicatat sebagai transaksi ekuitas. Nilai                          equity transactions. The carrying amount of the
      tercatat kepentingan Entitas Anak dan kepentingan                              controlling and noncontrolling interest are adjusted to
      nonpengendali      disesuaikan   untuk     mencerminkan                        reflect changes in the relative portion Subsidiaries. Any
      perubahan bagian kepemilikannya atas Entitas Anak.                             difference between the amount of noncontrolling interest
      Setiap perbedaan antara jumlah kepentingan non                                 adjusted and the fair value of the consideration given or
      pengendali disesuaikan dan nilai wajar imbalan yang                            received is recognized directly in equity and attributable
      diberikan atau diterima diakui secara langsung dalam                           to the equity holders of the Parent entity.
      ekuitas dan diatribusikan pada pemilik Perusahaan.




                                                                       17
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN       AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                 (Continued)

   c. Kombinasi bisnis                                                        c. Business combinations

      Kombinasi bisnis dicatat dengan menggunakan metode                         Business combinations are accounted for using the
      akuisisi. Biaya perolehan dari sebuah akuisisi diukur pada                 acquisition method. The cost of an acquisition is
      nilai agregat imbalan yang dialihkan, diukur pada nilai                    measured as the aggregate of the consideration
      wajar pada tanggal akuisisi, dan jumlah setiap KNP pada                    transferred, measured at acquisition-date fair value and
      pihak yang diakuisisi. Untuk setiap kombinasi bisnis,                      the amount of any NCI in the acquiree. For each
      pihak pengakuisisi mengukur KNP pada entitas yang                          business combination, the acquirer measures the NCI in
      diakuisisi baik pada nilai wajar ataupun pada proporsi                     the acquiree either at fair value or at the proportionate
      kepemilikan KNP atas aset neto yang teridentifikasi dari                   share of the acquiree’s identifiable net assets.
      entitas yang diakuisisi. Biaya-biaya akuisisi yang timbul                  Acquisition costs incurred are directly expensed and
      dibebankan langsung dan disertakan dalam beban-beban                       included in administrative expenses.
      administrasi.

      Ketika melakukan akuisisi atas sebuah bisnis,                              When the Company acquires a business, it assesses
      Perusahaan mengklasifikasikan dan menentukan aset                          the financial assets acquired and liabilities assumed for
      keuangan yang diperoleh dan liabilitas keuangan yang                       appropriate classification and designation in accordance
      diambil alih berdasarkan pada persyaratan kontraktual,                     with the contractual terms, economic circumstances and
      kondisi ekonomi, dan kondisi terkait lain yang ada pada                    pertinent conditions as at the acquisition date. The
      tanggal akuisisi. Hal ini termasuk pemisahan derivatif                     assessment includes the separation of embedded
      melekat dalam kontrak utama oleh pihak yang diakuisisi.                    derivatives in host contracts by the acquiree.

      Pada tanggal akuisisi, goodwill awalnya diukur pada                        At acquisition date, goodwill is initially measured at cost
      harga perolehan yang merupakan selisih lebih nilai                         being the excess of the aggregate of the consideration
      agregat dari imbalan yang dialihkan dan jumlah setiap                      transferred and the amount recognized for NCI over the
      KNP atas selisih jumlah dari aset teridentifikasi yang                     net identifiable assets acquired and liabilities assumed.
      diperoleh dan liabilitas yang diambil alih. Jika imbalan                   If this consideration is lower than the fair value of the net
      tersebut kurang dari nilai wajar aset neto Entitas Anak                    assets of the Subsidiary acquired, the difference is
      yang diakuisisi, selisih tersebut diakui dalam laba rugi.                  recognized in profit or loss.

      Untuk pengujian penurunan nilai, goodwill yang diperoleh                   For the purpose of impairment testing, goodwill acquired
      dalam kombinasi bisnis dialokasikan pada setiap unit                       in a business combination is allocated to each of the
      penghasil kas, atau kelompok unit penghasil kas ("UPK"),                   cash generating unit ("CGU"), or groups of CGUs, that is
      yang diharapkan dapat memberikan manfaat dari sinergi                      expected to benefit from the synergies of the
      kombinasi bisnis tersebut. Setiap unit atau kelompok unit                  combination. Each unit or group of units to which the
      yang memperoleh alokasi goodwill menunjukkan tingkat                       goodwill is allocated represents the lowest level within
      terendah dalam entitas yang goodwill- nya dipantau untuk                   the entity at which the goodwill is monitored for internal
      tujuan internal manajemen. Goodwill dipantau pada level                    management purposes. Goodwill is monitored at the
      segmen operasi.                                                            operating segment level.

   d. Transaksi dan saldo dalam mata uang asing                               d. Foreign currency transactions and balances

      Mata uang fungsional dan penyajian                                         Functional currency and presentation

      Mata uang penyajian yang digunakan dalam laporan                           The presentation currency used in the preparation of
      keuangan konsolidasian adalah Dolar Amerika Serikat                        the consolidated financial statements is the United
      ("AS") yang merupakan mata uang fungsional Grup.                           States ("US") Dollar which is the functional currency of
      Setiap entitas di Grup menetapkan mata uang fungsional                     the Group. Each entity in the Group determines its own
      sendiri dan transaksi-transaksi di dalam laporan                           functional currency and items included in the financial
      keuangan dari setiap entitas diukur berdasarkan mata                       statements of each entity are measured using that
      uang fungsional tersebut.                                                  functional currency.




                                                                   18
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                  (Continued)

   d. Transaksi dan saldo dalam mata uang asing (Lanjutan)                     d. Foreign currency transactions and balances (Continued)

      Transaksi dan saldo                                                         Transactions and balances

      Transaksi-transaksi dalam mata uang asing dijabarkan                        Transactions in foreign currencies are translated into US
      kedalam mata uang Dolar AS dengan mempergunakan                             Dollar using the exchange rates prevailing at the time
      kurs yang berlaku pada saat terjadinya transaksi yang                       the transactions are made. At consolidated statements
      bersangkutan. Pada tanggal laporan posisi keuangan                          of financial position date, monetary assets and liabilities
      konsolidasian, aset dan liabilitas moneter dalam mata                       denominated in other currencies are translated into US
      uang asing dijabarkan kedalam mata uang Dolar AS                            Dollar at the middle rate of Bank Indonesia at that date
      dengan menggunakan kurs tengah yang dikeluarkan                             as follows:
      Bank Indonesia sebagai berikut:

                                                         2023                    2022

      Rupiah per 1 Dolar AS ("AS$")                          15.416                 15.731                    Rupiah to 1 US Dollar ("US$")

      Keuntungan atau kerugian yang timbul sebagai akibat dari                    Gains or losses arising from the translation of monetary
      penjabaran aset dan liabilitas moneter dalam mata uang                      assets and liabilities denominated in foreign currencies
      asing dicatat sebagai laba atau rugi pada laporan laba                      are recorded as profit or loss in the consolidated
      rugi konsolidasian tahun berjalan.                                          statement of profit or loss current year.

   e. Kas dan setara kas                                                       e. Cash and cash equivalents

      Kas dan setara kas terdiri dari saldo kas, bank dan                         Cash and cash equivalents consist of cash on hand,
      deposito jangka pendek yang jangka waktunya tiga bulan                      banks and short-term deposits with maturity of not more
      atau kurang, yang tidak dijaminkan atau dibatasi                            than three months, is not pledged as collateral or
      penggunaannya.                                                              restricted.

      Deposito berjangka yang di batasi penggunaannya dan                         Restricted time deposit and restricted cash in banks are
      kas di bank yang di batasi penggunaannya disajikan                          presented as a part of "other non-current assets" in the
      sebagai bagian dari "aset tidak lancar lainnya" pada                        statements of consolidated financial position.
      laporan posisi keuangan konsolidasian.

   f. Piutang usaha dan piutang lain-lain                                      f. Trade receivables and other receivables

      Piutang usaha adalah jumlah tagihan dari pelanggan                          Trade receivables are amounts due from customers for
      untuk barang atau jasa yang dijual atau diberikan dalam                     goods and services sold or provided in the ordinary
      transaksi bisnis pada umumnya. Jika pembayaran piutang                      course of business. If collection is expected in one year
      diharapkan selesai dalam satu tahun atau kurang, piutang                    or less, they are classified as current assets. If not, they
      tersebut dikelompokkan sebagai aset lancar. Jika tidak,                     are presented as non-current assets.
      piutang tersebut disajikan sebagai aset tidak lancar.

      Piutang lain-lain merupakan tagihan selain piutang usaha,                   Other receivables represent receivables other than trade
      termasuk pinjaman yang diberikan kepada pihak berelasi.                     receivable, including loans granted to related parties. In
      Sesuai peraturan OJK, piutang lain-lain yang berasal dari                   accordance with OJK regulations, other receivables
      pihak berelasi, disajikan sebagai aset tidak lancar kecuali                 arising from related parties are presented as non-current
      jika ada kondisi tertentu pada piutang lain-lain dari pihak                 assets unless specific conditions exist for classifying
      berelasi untuk disajikan sebagai aset lancar.                               such receivables as current assets.

      Penyisihan penurunan nilai piutang diukur berdasarkan                       Impairment of receivables are measured based on
      kerugian kredit ekspektasian dengan melakukan reviu                         expected credit losses by reviewing the collectibility of
      atas kolektibilitas saldo secara individual atau kolektif                   individual or collective balances in a lifetime of trade
      sepanjang      umur     piutang    usaha   menggunakan                      receivables using simplified approach with considering
      pendekatan         yang       disederhanakan     dengan                     the forward-looking information at the and of each
      mempertimbangkan informasi yang bersifat perkiraan                          reporting period. Receivables are written-off during the
      masa depan yang dilakukan setiap akhir periode                              period in which they are determined to be not collectible.
      pelaporan. Piutang dihapus pada saat piutang tersebut
      tidak akan tertagih.



                                                                    19
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI        MATERIAL            2.    MATERIAL         ACCOUNTING      POLICY     INFORMATION
   (Lanjutan)                                                                  (Continued)

   g. Persediaan                                                               g. Inventories

      Persediaan terdiri dari suku cadang untuk mendukung                         Inventories consist of sparepart to support the Group's
      usaha Grup. Persediaan dinyatakan menurut nilai yang                        business. Inventories are stated at the lower of cost and
      terendah antara harga perolehan dan nilai bersih yang                       net realizable value. Cost is determined based on the
      dapat direalisasikan. Harga perolehan ditetapkan                            First-In First-Out method which includes all costs
      berdasarkan metode Masuk Pertama Keluar Pertama                             incurred to acquire the inventories and bring them to
      (First-In First-Out ) yang meliputi seluruh biaya yang                      their present location and condition. Net realizable value
      terjadi untuk memperoleh persediaan tersebut serta                          is the estimated selling value less selling expenses.
      membawanya ke lokasi dan kondisinya yang sekarang.                          Provision for obsolete inventories is made on the basis
      Nilai realisasi bersih adalah estimasi nilai jual dikurangi                 of periodic reviews of the condition of inventories.
      beban penjualan. Penyisihan persediaan usang dilakukan
      atas dasar hasil penelaahan secara periodik terhadap
      kondisi persediaan.

   h. Beban dibayar di muka                                                    h. Prepaid expenses

      Beban dibayar di muka diamortisasi selama masa                              Prepaid expenses are amortized over their beneficial
      manfaat masing-masing biaya dengan menggunakan                              periods using the straight-line method. Prepaid
      metode garis lurus. Beban dibayar di muka yang masa                         expenses which benefits more than 1 (one) year are
      manfaatnya lebih dari 1 (satu) tahun disajikan sebagai                      presented as a part of "non-current asset" in the
      bagian dari "aset tidak lancar" pada laporan posisi                         consolidated statement of financial position (excluding
      konsolidasian keuangan (kecuali biaya sewa yang                             rental expense classified as Leases by SFAS 73:
      klasifikasinya masuk dalam kategori PSAK 73: Sewa).                         Leases).

   i. Investasi pada entitas asosiasi                                          i. Investment in associates

      Investasi Grup pada entitas asosiasi dicatat dengan                         The Group’s investment in its associated company is
      menggunakan metode ekuitas. Entitas asosiasi adalah                         accounted for using the equity method. An associated
      entitas dimana Grup mempunyai pengaruh signifikan.                          company is an entity in which the Group has significant
      Dengan metode ekuitas, biaya perolehan investasi akan                       influence. Under the equity method, the cost of
      ditambah atau dikurangi dengan bagian laba atau rugi                        investment is increased or decreased by the Group's
      bersih Grup dan dividen yang diterima dari investee sejak                   share in net earnings or losses, and dividends received
      tanggal perolehan.                                                          from the investee since the date of acquisition.

      Laporan laba rugi dan penghasilan komprehensif lain                         The consolidated statements of profit or loss and other
      konsolidasian mencerminkan bagian dari hasil operasi                        comprehensive income reflects the share of the results
      entitas asosiasi. Jika terdapat perubahan yang diakui                       of operations of the associate. Where there has been a
      secara langsung dalam ekuitas entitas asosiasi, Grup                        change recognized directly in the equity of the
      mengakui bagiannya atas perubahan tersebut dan                              associate, the Group recognizes its share of any such
      mengungkapkan hal ini, jika berlaku, dalam laporan                          changes and discloses this, when applicable, in the
      perubahan ekuitas konsolidasian. Keuntungan dan                             consolidated statement of changes in equity. Unrealized
      kerugian yang belum direalisasi sebagai hasil dari                          gains and losses resulting from transactions between
      transaksi antara Grup dan entitas asosiasi dieliminasi                      the Group and the associate are eliminated to the extent
      sesuai dengan kepentingan Grup dalam entitas asosiasi                       of the Group's interest in the associate.
      tersebut.

      Setelah menerapkan metode ekuitas, Grup menentukan                          After application of the equity method, the Group
      apakah perlu untuk mengakui kerugian penurunan nilai                        determines whether it is necessary to recognize an
      atas investasi Grup pada entitas asosiasi. Grup                             additional impairment loss on the Group’s investment in
      menentukan pada setiap tanggal pelaporan apakah                             its associate. The Group determines at each reporting
      terdapat bukti objektif bahwa investasi pada entitas                        date whether there is any objective evidence that the
      asosiasi mengalami penurunan nilai. Jika ini masalahnya,                    investment in the associate is impaired. If this is the
      Grup menghitung jumlah penurunan nilai sebagai selisih                      case, the Group calculates the amount of impairment as
      antara jumlah terpulihkan atas investasi dalam entitas                      the difference between the recoverable amount of the
      asosiasi dan nilai tercatatnya, dan mengakui jumlah                         investment in associate and its carrying value, and
      tersebut dalam laporan laba rugi dan penghasilan                            recognizes the amount in the consolidated statement of
      komprehensif lain konsolidasian.                                            profit or loss and other comprehensive income.




                                                                    20
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN       AKUNTANSI       MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                (Continued)

   j. Aset tetap                                                             j. Fixed assets

      Grup menganalisa fakta dan keadaan untuk masing-                          The Group analyses the facts and circumstances for
      masing jenis hak atas tanah dalam menentukan                              each type of land rights in determining the accounting
      akuntansi untuk masing-masing hak atas tanah tersebut                     for each of these land rights so that it can accurately
      sehingga dapat merepresentasikan dengan tepat suatu                       represent an underlying economic event or transaction.
      kejadian atau transaksi ekonomik yang mendasarinya.                       If the land rights do not transfer control of the underlying
      Jika hak atas tanah tersebut tidak mengalihkan                            assets to the Group, but give the rights to use the
      pengendalian atas aset pendasar kepada Grup,                              underlying assets, the Group applies the accounting
      melainkan mengalihkan hak untuk menggunakan aset                          treatment of these transactions as leases under SFAS
      pendasar, Grup menerapkan perlakuan akuntansi atas                        73, "Leases". If land rights are substantially similar to
      transaksi tersebut sebagai sewa berdasarkan PSAK 73,                      land purchases, the Group applies SFAS 16. "Fixed
      “Sewa”. Jika hak atas tanah secara substansi menyerupai                   assets".
      pembelian tanah, maka Grup menerapkan PSAK 16 “Aset
      tetap”.

      Awalnya suatu aset tetap diukur sebesar biaya perolehan,                  Initially, an item of fixed assets is measured at its cost,
      yang terdiri dari harga perolehannya dan biaya-biaya yang                 which comprises its purchase price and any cost directly
      dapat diatribusikan secara langsung untuk membawa                         attributable to bringing the assets to the location and
      aset ke lokasi dan kondisi yang diinginkan agar aset siap                 condition necessary for it to be capable of operating in
      digunakan sesuai dengan keinginan dan maksud                              the manner intended by management, and also include
      manajemen, serta estimasi awal biaya pembongkaran                         the initial estimate of the costs of dismantling and
      dan pemindahan aset tetap dan restorasi lokasi aset.                      removing the item and restoring the site on which it is
                                                                                located.

      Biaya-biaya setelah perolehan awal seperti penggantian                    Subsequent expenditures such as replacement and
      komponen dan inspeksi yang signifikan, diakui dalam                       major inspection are added to the carrying amount of
      jumlah tercatat aset tetap jika besar kemungkinan                         the asset when it is probable that future economic
      manfaat ekonomis di masa depan akan mengalir ke Grup                      benefits will flow to the Group and the cost of the item
      dan biaya tersebut dapat diukur secara andal. Sisa jumlah                 can be measured reliably. The carrying amount of those
      tercatat biaya komponen yang diganti atau biaya inspeksi                  parts that are replaced or any remaining carrying
      terdahulu dihentikan pengakuannya. Biaya perawatan                        amounts of the cost of the previous inspection is
      sehari-hari aset tetap diakui sebagai beban pada saat                     derecognized. The costs of day-to-day servicing of an
      terjadinya.                                                               asset are recognized as an expense in the period in
                                                                                which they are incurred.

      Grup telah memilih metode biaya untuk pengukuran aset                     The Group have chosen the cost mothed for the
      tetapnya. Penyusutan diakui dengan menggunakan                            measurement of its fixed assets. Depreciation is
      metode garis lurus untuk menyusutkan nilai aset tetap,                    recognized on a straight-line basis to write down the
      kecuali tanah yang tidak disusutkan. Estimasi masa                        cost, except land which is not depreciated. The
      manfaat aset tetap adalah sebagai berikut:                                estimated useful lives are as follows:


                                                       Masa manfaat/Useful lives

        Bangunan dan prasarana                               20 tahun/years                               Buildings and infrastructures
        Jaringan pipa kerja sama operasi                     20 tahun/years                                    Pipeline joint operations
        Jaringan pipa dan tabung gas                         16 tahun/years                                  Pipeline and gas cylinder
        Kompresor gas                                        16 tahun/years                                            Gas compressor
        Fasilitas LPG                                       4-16 tahun/years                                               LPG facilities
        Mesin dan peralatan                                 4-16 tahun/years                              Machineries and equipments
        Peralatan kantor                                     4-8 tahun/years                                         Office equipments
        Kendaraan                                            4-8 tahun/years                                                    Vehicles




                                                                  21
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN       AKUNTANSI       MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY      INFORMATION
   (Lanjutan)                                                                (Continued)

   j. Aset tetap (Lanjutan)                                                  j. Fixed assets (Continued)

      Nilai residu, umur manfaat dan metode penyusutan di-                      The residual values, useful lives and depreciation
      reviu setiap akhir tahun buku untuk memastikan nilai                      method are reviewed at each reporting date to ensure
      residu, umur manfaat dan metode depresiasi diterapkan                     that such residual values, useful lives and depreciation
      secara konsisten sesuai dengan ekspektasi pola manfaat                    method are consistent with the expected pattern of
      ekonomis dari aset tersebut.                                              economic benefits from those assets.

      Ketika suatu aset dilepaskan atau tidak ada manfaat                       When an asset is disposed of, or is permanently
      ekonomis masa depan yang diharapkan dari penggunaan                       withdrawn from use and no future economic benefits are
      atau pelepasannya, biaya perolehan dan akumulasi                          expected from its disposal, the cost and accumulated
      penyusutan dan akumulasi rugi penurunan nilai, jika ada,                  depreciation and accumulated impairment losses, if any,
      dikeluarkan dari akun tersebut dan laba atau rugi yang                    are removed from the accounts and any resulting gain
      timbul dari penghentian pengakuan aset tetap akan                         or loss from the retirement or disposal is recognized in
      dimasukkan dalam laporan laba rugi dan penghasilan                        the consolidated statement of profit or loss and other
      komprehensif lain konsolidasian.                                          comprehensive income.

      Aset dalam penyelesaian                                                   Construction in progress

      Aset dalam penyelesaian disajikan dalam perolehan.                        Construction in progress is presented under
      Akumulasi biaya perolehan untuk aset dalam                                accumulated cost of the asset constructed is transferred
      penyelesaian akan dipindahkan ke masing-masing aset                       to the appropriate fixed assets account when the
      tetap yang bersangkutan pada saat aset tersebut selesai                   construction is completed and the asset is ready for its
      dikerjakan dan siap digunakan sesuai dengan tujuannya.                    intended use.

      Aset kerja sama operasi                                                   Joint operation assets

      Aset kerja sama operasi adalah jalur pipa gas yang                        Joint operation assets are gas pipelines used to carry
      digunakan untuk menyelenggarakan kegiatan kerja sama                      out the joint operation activities. Gas pipelines obtained
      operasi. Jalur pipa gas yang diperoleh sebagai                            as compensation in the joint operation and the
      kompensasi dalam kerja sama operasi dan pendapatan                        respective unearned income are recognised when the
      diterima di muka terkait diakui pada saat aset tersebut                   construction is completed and the asset is ready for its
      selesai dikerjakan dan siap digunakan sesuai dengan                       intended use.
      tujuannya.

      Aset kerja sama operasi dinyatakan sebesar harga                          Joint operating assets are stated at cost at the time of
      perolehan pada saat pembangunan, lalu disusutkan                          construction, then depreciated using the straight-line
      dengan metode garis lurus selama masa kerja sama                          method over the joint operation period of 20 years (until
      operasi yaitu 20 tahun (sampai dengan 8 Agustus 2041).                    August 8, 2041). Impairment in asset values, if any, is
      Penurunan nilai aset, jika ada, diakui sebagai rugi pada                  recognized as a loss in the consolidated profit or loss.
      laba rugi konsolidasian.

      Biaya pinjaman                                                            Borrowing costs

      Biaya pinjaman yang dapat diatribusikan langsung                          Borrowing costs that are directly attributable to the
      dengan perolehan, pembangunan atau pembuatan aset                         acquisition, construction or production of a qualifying
      kualifikasian dikapitalisasi sebagai bagian biaya                         asset are capitalised as part of the cost of the related
      perolehan aset tersebut. Biaya pinjaman lainnya diakui                    assets. Otherwise, borrowing costs are recognised as
      sebagai beban pada saat terjadi. Biaya pinjaman terdiri                   expenses when incurred. Borrowing costs consist of
      dari biaya bunga dan biaya lain yang ditanggung oleh                      interest and other financing charges that the Group
      Grup sehubungan dengan peminjaman dana.                                   incurs in connection with the borrowing of funds.

      Kapitalisasi biaya pinjaman dimulai pada saat aktivitas                   Capitalisation of borrowing costs commences when the
      yang diperlukan untuk mempersiapkan aset agar dapat                       activities to prepare the qualifying asset for its intended
      digunakan sesuai dengan maksudnya, dan pengeluaran                        use are in progress and the expenditures for the
      untuk aset kualifikasian dan biaya pinjamannya telah                      qualifying asset and the borrowing costs have been
      terjadi. Kapitalisasi biaya pinjaman dihentikan pada saat                 incurred. Capitalisation of borrowing costs ceases when
      seluruh aktivitas yang diperlukan untuk mempersiapkan                     all the activities necessary to prepare the qualifying
      aset kualifikasian agar dapat digunakan sesuai dengan                     assets for their intended use are substantially
      maksudnya telah selesai secara substansial.                               completed.



                                                                  22
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI          KEBIJAKAN    AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY      INFORMATION
   (Lanjutan)                                                                 (Continued)

   k. Aset takberwujud                                                        k. Intangible assets

      Aset takberwujud Grup terdiri dari peranti lunak komputer                  The Group's intangible assets consist of computer
      dan hak konsesi. Aset takberwujud diakui jika Grup                         software and concession rights. Intangible assets are
      kemungkinan besar akan memperoleh manfaat ekonomis                         recognized if the Group is likely to obtain future
      masa depan dari aset takberwujud tersebut dan biaya                        economic benefits of the intangible asset and the cost of
      aset tersebut dapat diukur dengan andal.                                   the asset can be measured reliably.

      Peranti lunak                                                              Software

      Perangkat lunak merupakan aset takberwujud berupa                          Software is an intangible asset in the form of an
      program akuntansi dan keuangan yang diukur                                 accounting and financial program which is measured at
      berdasarkan biaya perolehan dan diamortisasi dengan                        cost and amortized using the straight-line method based
      menggunakan metode garis lurus berdasarkan estimasi                        on an estimated useful life of 4 years.
      masa manfaat yaitu selama 4 tahun.

      Hak konsesi                                                                Conssesion right

      Grup menerapkan ISAK 16 "Perjanjian Konsesi Jasa" dan                      The Group has adopted IFAS 16, “Service Concession
      ISAK 22, "Perjanjian Konsesi Jasa Pengungkapan".                           Arrangement” and IFAS 22, “Service Concession
                                                                                 Arrangement Disclosure”.

      ISAK 16 mengatur prinsip umum dalam pengakuan dan                          IFAS 16 determines the general principles in the
      pengukuran hak dan kewajiban terkait dengan perjanjian                     recognition and measurement of rights and liabilities
      konsesi jasa. ISAK 16 mengatur bahwa infrastruktur tidak                   related to service concession arrangement. IFAS 16
      diakui sebagai aset tetap operator (pihak penerima                         regulates that an operator (concession right beneficiary)
      konsesi jasa) karena perjanjian jasa kontraktual tidak                     does not recognize any infrastructure assets because
      memberikan hak kepada operator untuk mengendalikan                         the contractual service arrangement does not convey
      penggunaan infrastruktur jasa publik. Operator memiliki                    the right to control the use of the public service
      akses untuk mengoperasikan infrastruktur dalam                             infrastructure to the operator. The operator has access
      menyediakan jasa publik untuk kepentingan pemberi                          to operate the infrastructure to provide the public service
      konsesi sesuai dengan persyaratan yang ditentukan                          on behalf of the grantor in accordance with the terms
      dalam kontrak.                                                             specified in the contract.

      ISAK 22 memberikan panduan spesifik mengenai                               IFAS 22 provides specific guidance for the required
      pengungkapan yang diperlukan atas perjanjian konsesi                       disclosures  regarding   the   service   concession
      jasa.                                                                      arrangement.

      Grup membukukan perjanjian konsesi jasa sebagai model                      The Group accounts for the service concession
      aset takberwujud karena memiliki hak (lisensi) untuk                       agreement as an intangible asset model because it has
      membebankan pengguna jasa publik. Pada saat                                the right (license) to charge users for public services. At
      pengakuan awal, aset konsesi dicatat pada nilai wajar dari                 initial recognition, concession assets are recorded at the
      imbalan yang diterima atau akan diterima. Aset konsesi                     fair value of the consideration received or to be
      ini adalah aset hak pengelolaan air. Amortisasi mulai                      received. The concession assets is water management
      dibebankan pada saat aset konsesi tersebut siap                            rights. Amortization begins to be charged when the
      digunakan.                                                                 concession assets are ready for use.

      Aset konsesi akan dihentikan pengakuannya pada saat                        The concession assets are derecognized at the end of
      berakhirnya masa konsesi. Tidak akan ada keuntungan                        the concession period. There will be no gain or loss
      atau kerugian saat penghentian pengakuan karena aset                       upon derecognition as the concession assets which are
      konsesi diharapkan telah diamortisasi secara penuh, akan                   expected to be fully amortized by then, will be handed
      diserahkan kepada Perumda Air Minum Tirta Wibawa                           over to the Perumda Air Minum Tirta Wibawa Mukti
      Mukti (sebelumnya PT Perdana Multiguna Sarana                              (previously PT Perdana Multiguna Sarana Bandung
      Bandung Barat ("PMgS")) tanpa syarat.                                      Barat ("PMgS")) for no consideration.




                                                                   23
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI      MATERIAL            2.    MATERIAL       ACCOUNTING          POLICY     INFORMATION
   (Lanjutan)                                                                (Continued)

   k. Aset takberwujud (Lanjutan)                                            k. Intangible assets (Continued)

      Hak konsesi (Lanjutan)                                                    Conssesion right (Continued)

      Kontrak konstruksi meliputi seluruh biaya konstruksi                      The construction contract covers all construction costs
      pembangunan atau peningkatan kapasitas saluran air                        for the construction water distribution which include land
      yang meliputi pengadaan tanah, studi kelayakan dan                        acquisition, feasibility studies and other costs directly
      biaya-biaya lain yang berhubungan langsung dengan                         related to water distribution, including the costs of
      pembangunan saluran air, termasuk biaya pembangunan                       constructing water distribution plus other borrowing
      saluran air yang disyaratkan, ditambah biaya pinjaman                     costs that are directly or indirectly used to finance the
      lain yang secara langsung maupun tidak langsung                           process of building these assets. Borrowing costs are
      digunakan untuk mendanai proses pembangunan aset                          capitalized until the construction process is complete
      tersebut. Biaya pinjaman dikapitalisasi sampai dengan                     and the concession assets are ready for operation.
      saat proses pembangunan tersebut telah selesai dan aset
      konsesi telah siap untuk dioperasikan.

      Biaya bunga dan biaya pinjaman lainnya, seperti diskonto                  Interest and other borrowing costs, such as discount
      baik yang secara langsung ataupun tidak langsung                          fees on loans either directly or indirectly used in
      digunakan untuk mendanai proses pembangunan aset                          financing the construction of a qualifying asset, are
      kualifikasian (qualifying assets) , dikapitalisasi sampai                 capitalized up to the date when the construction is
      saat proses pembangunannya selesai. Untuk pinjaman                        completed. For borrowings directly attributable to a
      yang dapat dihubungkan secara langsung dengan suatu                       qualifying asset, the amount allowed to be capitalized is
      aset tertentu, jumlah yang dapat dikapitalisasi adalah                    determined as the actual borrowing costs incurred
      sebesar biaya pinjaman yang terjadi dalam periode                         during the period, less any investment income earned
      berjalan, dikurangi dengan penghasilan investasi                          from the temporary investment of such borrowings.
      sementara dari pinjaman tersebut.

      Amortisasi diakui dengan menggunakan metode garis                         Amortization is recognized on a straight-line basis to
      lurus untuk menyusutkan nilai aset takberwujud. Estimasi                  write down the amounts. The estimated useful lives of
      masa manfaat aset takberwujud per 31 Desember 2023                        intangible assets as at December 31, 2023 is 25 years.
      adalah 25 tahun.

   l. Sewa                                                                   l. Leases

      Grup menerapkan PSAK 73 yang mensyaratkan                                 The Group has adopted SFAS 73, which sets the
      pengakuan liabilitas sewa sehubungan dengan sewa yang                     requirement for recognition of lease liabilities in relation
      sebelumnya diklasifikasikan sebagai "sewa operasi".                       to leases which had previously been classified as
                                                                                "operating leases".

      Pada tanggal permulaan kontrak, Grup menilai apakah                       At the inception of a contract, the Group assesses
      kontrak merupakan, atau mengandung sewa. Suatu                            whether the contract is, or contains, a lease. A contract
      kontrak merupakan atau mengandung sewa jika kontrak                       is or contains a lease if the contract conveys the right to
      tersebut memberikan hak untuk mengendalikan                               control the use of an identified asset for a period of time
      penggunaan aset identifikasian selama suatu jangka                        in exchange for consideration. To assess whether a
      waktu untuk dipertukarkan dengan imbalan. Untuk menilai                   contract conveys the right to control the use of an
      apakah kontrak memberikan hak untuk mengendalikan                         identified asset, the Group considers whether:
      penggunaan aset identifikasian, Grup mempertimbangkan
      apakah:
      - Kontrak      melibatkan  penggunaan     aset   yang                     - The contract involves the use of an identified asset;
        teridentifikasi;
      - Grup memiliki hak untuk memperoleh secara                               - The Group has the right to obtain substantially all of
        substantial seluruh manfaat ekonomi dari penggunaan                       the economic benefits from use of the asset
        aset selama periode penggunaan; dan                                       throughout the period of use; and
      - Grup memiliki hak untuk mengendalikan penggunaan                        - The Group has the right to direct the use of the asset.
        aset.




                                                                  24
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN       AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                 (Continued)

   l. Sewa (Lanjutan)                                                         l. Leases (Continued)

      Pada tanggal dimulainya kontrak atau pada saat penilaian                   At the inception or on reassessment of a contract that
      kembali kontrak yang mengandung sewa, Grup                                 contains a lease component, the Group allocates the
      mengalokasikan imbalan dalam kontrak untuk setiap                          consideration in the contract to each lease component
      unsur sewa berdasarkan harga relatif dari unsur sewa.                      on the basis of their relative stand-alone prices.

      Pada tanggal permulaan sewa, Grup mengakui aset hak                        The Group recognises a right of use asset and a lease
      guna dan liabilitas sewa. Aset hak guna diukur pada biaya                  liability at the lease commencement date. The right of
      perolehan, dimana meliputi jumlah pengukuran awal                          use asset is initially measured at cost, which comprises
      liabilitas sewa yang disesuaikan dengan pembayaran                         the initial amount of the lease liability adjusted for any
      sewa yang dilakukan pada atau sebelum tanggal                              lease payment made at or before the commencement
      permulaan, ditambah dengan biaya langsung awal yang                        date, plus any initial direct cost incurred and an estimate
      dikeluarkan dan estimasi biaya yang akan dikeluarkan                       of costs to dismantle and remove the underlying asset
      untuk membongkar dan memindahkan aset pendasar                             or to restore the underlying asset to the condition
      atau untuk merestorasi aset pendasar ke kondisi yang                       required by the terms and conditions of the lease, less
      disyaratkan dan ketentuan sewa, dikurangi dengan                           any lease incentives received.
      insentif sewa yang diterima.

      Aset hak guna kemudian disusutkan menggunakan                              The right of use asset is subsequently depreciated using
      metode garis lurus dari tanggal permulaan hingga tanggal                   the straight-line method from the commencement date
      yang lebih awal antara akhir umur manfaat aset hak guna                    to the earlier of the end of the useful life of the right of
      atau akhir masa sewa. Selain itu, aset hak guna secara                     use asset or the end of the lease term. In addition, the
      berkala dinilai untuk penurunan nilai dan disesuaikan atas                 right of use asset is periodically reduced by impairment
      pengukuran kembali dari liabilitas sewa.                                   losses, if any, and adjusted for certain remeasurements
                                                                                 of the lease liability.

      Liabilitas sewa diukur pada nilai kini pembayaran sewa                     The lease liability is initially measured at the present
      yang belum dibayar pada tanggal permulaan,                                 value of the lease payments that are not paid at the
      didiskontokan dengan menggunakan suku bunga implisit                       commencement date, discounted using the interest rate
      dalam sewa atau jika suku bunga tersebut tidak dapat                       implicit in the lease or, if that rate cannot be readily
      ditentukan, maka menggunakan suku bunga pinjaman                           determined, using the incremental borrowing rate.
      inkremental. Pada umumnya, Grup menggunakan suku                           Generally, the Group uses its incremental borrowing
      bunga pinjaman inkremental sebagai tingkat bunga                           rate as the discount rate.
      diskonto.

      Liabilitas sewa diukur pada biaya perolehan diamortisasi                   The lease liability is measured at amortised cost using
      menggunakan metode bunga efektif. Liabilitas sewa                          the effective interest method. It is remeasured when
      diukur kembali ketika ada perubahan pembayaran sewa                        there is a change in future lease payments arising from
      di masa depan yang timbul dari perubahan suatu indeks                      a change in an index or rate, if there is a change in the
      atau tingkat, jika ada perubahan dalam estimasi Grup dari                  Group's estimate of the amount expected to be payable
      jumlah yang diharapkan akan dibayarkan berdasarkan                         under a residual value guarantee or if the Group
      jaminan nilai residu atau jika Grup mengubah                               changes its assessment of whether it will exercise a
      penilaiannya apakah akan melakukan opsi pembelian,                         purchase, extension or termination option. When the
      perpanjangan atau pemutusan kontrak. Ketika liabilitas                     lease liability is remeasured in this way, a corresponding
      sewa diukur kembali dengan cara tersebut, penyesuaian                      adjustment is made to the carrying amount of the right of
      dilakukan terhadap jumlah tercatat dari aset hak guna,                     use asset or is recorded in consolidated profit or loss if
      atau diakui dalam laba rugi konsolidasian jika jumlah                      the carrying amount of the right of use asset has been
      tercatat dari aset hak guna telah dikurangi menjadi nol.                   reduced to zero.

      Grup menyajikan aset hak guna yang tidak memenuhi                          The Group presents right of use assets that do not meet
      definisi properti investasi sebagai aset hak guna dan                      the definition of investment property as right of use
      liabilitas sewa dalam laporan posisi keuangan                              assets and lease liabilities in the consolidated
      konsolidasian.                                                             statements of financial position.




                                                                   25
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN      AKUNTANSI       MATERIAL            2.    MATERIAL         ACCOUNTING       POLICY      INFORMATION
   (Lanjutan)                                                               (Continued)

   l. Sewa (Lanjutan)                                                       l. Leases (Continued)

      Grup memutuskan untuk tidak mengakui aset hak guna                       The Group has elected not to recognise right-of use
      dan liabilitas sewa untuk sewa jangka-pendek yang                        assets and lease liabilities for short-term leases that
      memiliki masa sewa 12 bulan atau kurang. Grup                            have a lease term of 12 months or less. The Group
      mengakui pembayaran sewa atas sewa tersebut sebagai                      recognises the lease payments associated with these
      beban dengan dasar garis lurus selama masa sewa.                         leases as an expense on a straight-line basis over the
                                                                               lease term.

      Modifikasi sewa                                                          Lease modification

      Grup mencatat modifikasi sewa sebagai sewa terpisah                      The Group accounts for a lease modification as a
      jika: (a) modifikasi meningkatkan ruang lingkup sewa                     separate lease if both: (a) the modification increases the
      dengan menambahkan hak untuk menggunakan satu                            scope of the lease by adding the right to use one or
      aset pendasar atau lebih; dan (b) imbalan sewa                           more underlying assets; and (b) the consideration for
      meningkat sebesar jumlah yang setara dengan harga                        the lease increases by an amount commensurate with
      tersendiri untuk peningkatan dalam ruang lingkup dan                     the stand-alone price for the increase in scope and any
      penyesuaian yang tepat pada harga tersendiri tersebut                    appropriate adjustments to that stand-alone price to
      untuk merefleksikan kondisi kontrak tertentu.                            reflect the circumstances of the particular contract.

      Untuk modifikasi sewa yang tidak dicatat sebagai sewa                    For a lease modification that is not accounted for as a
      terpisah, pada tanggal efektif modifikasi sewa, Grup:                    separate lease, at the effective date of the lease
                                                                               modification, the Group:
      a. mengukur kembali dan mengalokasikan imbalan                           a. remeasures and allocates the consideration in the
         kontrak modifikasian;                                                    modified contract;
      b. menentukan masa sewa dari sewa modifikasian;                          b. determines the lease term of the modified lease;
      c. mengukur      kembali     liabilitas   sewa dengan                    c. remeasures the lease liability by discounting the
         mendiskontokan       pembayaran      sewa   revisian                     revised lease payments using a revised discount rate
         menggunakan tingkat diskonto revisian berdasarkan                        on the basis of the remaining lease term and the
         sisa umur sewa dan sisa pembayaran sewa dengan                           remaining lease payment with a corresponding
         melakukan penyesuaian terhadap aset hak guna.                            adjustment to the right of use assets. The revised
         Tingkat diskonto revisian ditentukan sebagai suku                        discount rate is determined as the Group’s
         bunga pinjaman inkremental Grup pada tanggal efektif                     incremental borrowing rate at the effective date of the
         modifikasi;                                                              modification;
      d. menurunkan jumlah tercatat aset hak guna untuk                        d. decreases the carrying amount of the right of use
         merefleksikan penghentian sebagian atau sepenuhnya                       asset to reflect the partial or full termination of the
         sewa untuk modifikasi sewa yang menurunkan ruang                         lease for lease modifications that decrease the scope
         lingkup sewa. Grup mengakui dalam laba rugi                              of the lease. The Group recognises in consolidated
         konsolidasian setiap laba rugi yang terkait dengan                       profit or loss any gain or loss relating to the partial or
         penghentian sebagian atau sepenuhnya sewa tersebut;                      full termination of the lease; and
         dan
      e. membuat penyesuaian terkait dengan aset hak guna                      e. makes a corresponding adjustment to the right of use
         untuk seluruh modifikasi sewa lainnya.                                   asset for all other lease modifications.

   m. Pajak penghasilan                                                     m. Income tax

      Pajak kini                                                               Current tax

      Pajak kini ditentukan berdasarkan laba kena pajak dalam                  Current tax expense is determined based on the taxable
      tahun yang bersangkutan yang dihitung berdasarkan tarif                  income for the year computed using prevailing tax rates.
      pajak yang berlaku.

      Pajak tangguhan                                                          Deferred tax

      Pajak tangguhan diakui sebagai aset atau liabilitas jika                 Deferred tax is recognized as an asset or liability if there
      terdapat perbedaan temporer kena pajak yang timbul dari                  are taxable temporary differences arising from
      perbedaan antara dasar pengenaan pajak aset dan                          differences between the tax bases of assets and
      liabilitas dengan jumlah tercatatnya pada tanggal                        liabilities and their carrying amount on the reporting
      pelaporan.                                                               date.



                                                                 26
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN         AKUNTANSI      MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                 (Continued)

   m. Pajak penghasilan (Lanjutan)                                            m. Income tax (Continued)

      Pajak tangguhan (Lanjutan)                                                 Deferred tax (Continued)

      Aset pajak tangguhan diakui untuk seluruh perbedaan                        Deferred tax assets are recognized for all deductible
      temporer yang dapat dikurangkan dan rugi fiskal yang                       temporary differences and tax losses carry forward can
      dapat dikompensasikan. Aset pajak tangguhan diakui dan                     be compensated. Deferred tax assets are recognized
      direviu pada setiap tanggal pelaporan atau diturunkan                      and direviewed at each reporting date or reduced its
      jumlah tercatatnya, sepanjang kemungkinan besar laba                       carrying amount, along likely taxable income available to
      kena pajak tersedia untuk pemanfaatan perbedaan                            use deductible temporary differences and tax losses
      temporer yang dapat dikurangkan dan rugi fiskal yang                       carry forward can be compensated.
      dapat dikompensasikan.

      Aset dan liabilitas pajak tangguhan diukur dengan                          Deferred tax assets and liabilities are measured using
      menggunakan tarif pajak yang diharapkan berlaku ketika                     the tax rates that are expected to apply when the asset
      aset dipulihkan atau liabilitas diselesaikan, berdasarkan                  is recovered or the liability is settled, based on tax rates
      tarif pajak (atau peraturan pajak) yang telah berlaku atau                 (or tax laws) that have been enacted or substantively
      secara substantif telah berlaku pada tanggal pelaporan.                    enacted at the reporting date.

      Aset pajak tangguhan dan liabilitas pajak tangguhan                        Deferred tax assets and deferred tax liabilities are offset
      saling hapus jika dan hanya jika, terdapat hak yang                        if and only if, a legally enforceable right exists to set off
      dipaksakan secara hukum untuk melakukan saling hapus                       current tax assets against current tax liabilities and the
      aset pajak kini terhadap liabilitas pajak kini dan pajak                   deferred taxes relate to the same taxable entity and the
      tangguhan tersebut terkait dengan entitas kena pajak                       same taxation authority.
      yang sama dan dikenakan oleh otoritas perpajakan yang
      sama.

   n. Pengakuan pendapatan dan beban                                          n. Revenue and expenses recognition

      Pendapatan Grup berasal dari kegiatan niaga gas bumi,                      Revenues of the Group are earned from gas trading, oil
      lifting minyak dan gas, jasa transmisi minyak dan gas,                     and gas lifting, crude oil and gas transmission services,
      penjualan gas bumi, LNG, fasilitas LPG, dan jasa lainnya.                  sale of natural gas, LNG, LPG facilities, and other
                                                                                 services.

      Pendapatan dari niaga gas bumi dan jasa transportasi                       Revenues from gas trading and oil and gas
      gas bumi diakui pada saat gas atau minyak bumi telah                       transportation services are recognised when natural gas
      didistribusikan    kepada    pelanggan    berdasarkan                      or crude oil is distributed to the customer based on the
      pencatatan pada angka meteran. Kontrak Grup dapat                          meter readings. The Group’s contracts may be
      dinegosiasikan dari waktu ke waktu dan harga diskon                        negotiated from time to time and special discounted
      khusus dapat diberikan kepada pelanggan setelah                            prices may be given to customers after the respective
      Perjanjian Jual Beli Gas terkait yang mengatur harga                       Gas Sales and Purchase Agreement which governs the
      diskon disepakati antara Grup dan pelanggan.                               discounted prices is agreed between the Group and the
      Bergantung pada sifat perubahannya, Grup akan                              customers. Subject to the nature of these changes, the
      melakukan modifikasi kontrak yang ada berdasarkan                          Group accounts for modification of the existing contract
      komitmen volume yang disetujui sebelum dan sesudah                         based on agreed volume commitments before and after
      modifikasi kontrak dan perubahan harga yang timbul dari                    the contract modification and the price changes arising
      modifikasi tersebut.                                                       from the modification.

      Pendapatan sehubungan dengan pengoperasian aset dan                        Revenue arising from the operation of the asset and
      jaringan pipa transmisi diakui setelah jasa diberikan, dan                 pipeline transmission is recognised after the service is
      diukur sebesar satuan gas yang telah diangkut selama                       rendered and is measured based on the units of gas
      suatu periode.                                                             which have been transported during such period.




                                                                   27
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                  (Continued)

   n. Pengakuan pendapatan dan beban                                           n. Revenue and expenses recognition

      Pengakuan pendapatan Grup dilakukan berdasarkan lima                        The Group’s revenue recognition fulfils the following five
      langkah analisa sebagai berikut:                                            steps of assessment:

      1. Identifikasi kontrak dengan pelanggan, dengan kriteria                   1. Identify contract(s) with a customer, with certain
         sebagai berikut:                                                            criteria as follows:
         - Kontrak telah disetujui oleh pihak-pihak terkait dalam                    - The contract has been agreed by the parties
            kontrak;                                                                    involved in the contract;
         - Grup bisa mengidentifikasi hak dari pihak-pihak                           - The Group can identify the rights of relevant
            terkait dan jangka waktu pembayaran dari barang                             parties and the term of payment for the goods or
            atau jasa yang akan dialihkan;                                              services to be transferred;
         - Kontrak memiliki substansi komersial; dan                                 - The contract has commercial substance; and
         - Besar kemungkinan Grup akan menerima imbalan                              - It is probable that the Group will receive benefits
            atas barang atau jasa yang dialihkan.                                       for the goods or services transferred.
      2. Identifikasi kewajiban pelaksanaan dalam kontrak.                        2. Identify the performance obligations in the contract.
         Kewajiban pelaksanaan merupakan janji-janji dalam                           Performance obligations are promises in a contract to
         kontrak untuk menyerahkan barang atau jasa yang                             transfer to a customer goods or services that are
         memiliki karakteristik berbeda ke pelanggan;                                distinct;
      3. Penetapan      harga     transaksi.  Harga     transaksi                 3. Determine the transaction price. Transaction price is
         merupakan jumlah imbalan yang berhak diperoleh                              the amount of consideration to which an entity
         suatu entitas sebagai kompensasi atas diserahkannya                         expects to be entitled in exchange for transferring
         barang atau jasa yang dijanjikan ke pelanggan. Jika                         promised goods or services to a customer. If the
         imbalan yang dijanjikan di kontrak mengandung suatu                         consideration promised in a contract includes a
         jumlah yang bersifat variabel, maka Grup membuat                            variable amount, the Group estimates the amount of
         estimasi jumlah imbalan tersebut sebesar jumlah yang                        consideration to which it expects to be entitled in
         diharapkan berhak diterima atas diserahkannya barang                        exchange for transferring the promised goods or
         atau jasa yang dijanjikan ke pelanggan dikurangi                            services to a customer less the estimated amount of
         dengan estimasi jumlah jaminan kinerja jasa yang akan                       service level guarantee which will be paid during the
         dibayarkan selama periode kontrak;                                          contract period;
      4. Alokasi harga transaksi ke setiap kewajiban                              4. Allocate the transaction price to each performance
         pelaksanaan dengan menggunakan dasar harga jual                             obligation on the basis of the relative stand-alone
         berdiri sendiri relatif dari setiap barang atau jasa                        selling prices of each distinct goods or service
         berbeda yang dijanjikan di kontrak. Ketika tidak dapat                      promised in the contract. Where these are not directly
         diamati secara langsung, harga jual berdiri sendiri                         observable, the relative stand-alone selling prices are
         relatif diperkirakan berdasarkan biaya yang diharapkan                      estimated based on expected cost plus margin;
         ditambah marjin;
      5. Pengakuan pendapatan ketika kewajiban pelaksanaan                        5. Recognise revenue when the performance obligation
         telah dipenuhi dengan menyerahkan barang atau jasa                          is satisfied by transferring a promised goods or
         yang dijanjikan ke pelanggan (ketika pelanggan telah                        service to a customer (which is when the customer
         memiliki kendali atas barang atau jasa tersebut).                           obtains control of that goods or service).

      Kewajiban pelaksanaan dapat dipenuhi: (a) Pada suatu                        A performance obligation may be satisfied: (a) At a point
      titik waktu (umumnya janji untuk menyerahkan barang ke                      in time (typically for promises to transfer goods to a
      pelanggan); atau (b) Suatu periode waktu (umumnya janji                     customer); or (b) Over time (typically for promises to
      untuk menyerahkan jasa ke (pelanggan).                                      transfer services to a customer).

      Pembayaran harga transaksi berbeda untuk setiap                             Payment of the transaction price differs for each
      kontrak. Aset kontrak diakui apabila kewajiban                              contracts. Contract asset is recognised when
      pelaksanaan yang telah dipenuhi melebihi pembayaran                         performance obligation satisfied is more than the
      yang dilakukan oleh pelanggan. Liabilitas kontrak diakui                    payments by customer. Contract liability is recognised
      ketika pembayaran yang dilakukan oleh pelanggan                             when the payments by customer is more than the
      melebihi kewajiban pelaksanaan yang telah dipenuhi.                         performance obligation satisfied. Contract liability will be
      Liabilitas kontrak akan direalisasi menjadi pendapatan                      recognised as revenue when the performance obligation
      ketika kewajiban pelaksanaan telah dipenuhi. Aset                           has been satisfied. Contract assets are presented under
      kontrak disajikan dalam "Piutang usaha" dan liabilitas                      "Trade receivables" and contract liabilities are presented
      kontrak disajikan dalam "Utang usaha", "Utang lain-lain"                    under "Trade payables", "Other liabilities" and "Advance
      dan "Uang muka pelanggan".                                                  from customer" .




                                                                    28
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY      INFORMATION
   (Lanjutan)                                                                  (Continued)

   n. Pengakuan pendapatan dan beban (Lanjutan)                                n. Revenue and expenses recognition (Continued)

      Pendapatan bunga dan beban bunga dari instrumen                             Interest income and interest expense for all financial
      keuangan diakui dalam laba rugi secara akrual                               instruments are recognized in profit or loss on accrual
      menggunakan metode suku bunga efektif.                                      basis using the effective interest rate method.

      Beban diakui pada saat terjadinya, dengan menggunakan                       Expenses are recognised as incurred on an accruals
      dasar akrual.                                                               basis.

   o. Imbalan kerja karyawan                                                   o. Employee benefits

      Liabilitas imbalan kerja jangka pendek                                      Short-term employee benefit liabilities

      Imbalan kerja jangka pendek merupakan upah, gaji, dan                       Short-term employee benefits are wages, salaries, and
      tunjangan lainnya. Imbalan kerja jangka pendek diakui                       other benefits. Short-term employee benefits are
      sebesar jumlah yang tak-terdiskonto sebagai liabilitas                      recognized at its undiscounted amount as a liability after
      pada laporan posisi keuangan konsolidasian setelah                          deducting any amount already paid in the consolidated
      dikurangi dengan jumlah yang telah dibayar dan sebagai                      statement of financial position and as an expense in
      beban pada laba rugi konsolidasian periode berjalan.                        consolidated profit or loss during the period.

      Liabilitas imbalan kerja jangka panjang                                     Long-term employee benefit liabilities

      Liabilitas imbalan kerja jangka panjang merupakan                           Long-term employee benefit liabilities represents post-
      imbalan pasca-kerja manfaat pasti yang dibentuk tanpa                       employment benefits, unfunded defined-benefit plans
      pendanaan khusus dan didasarkan pada masa kerja dan                         which amounts are determined based on years of
      jumlah penghasilan karyawan pada saat pensiun yang                          service and salaries of the employees at the time of
      dihitung menggunakan metode Projected Unit Credit .                         pension and calculated using the Projected Unit Credit.

      Nilai kini liabilitas imbalan pasca-kerja ditentukan dengan                 The present value of the post-employment benefits
      mendiskontokan estimasi arus kas keluar masa depan                          obligation is determined by discounting the estimated
      dengan menggunakan tingkat bunga Obligasi Pemerintah                        future cash outflows using the interest rates of
      (dengan pertimbangan saat ini tidak ada pasar aktif untuk                   Government Bonds (considering currently there is no
      Obligasi korporasi berkualitas tinggi) dalam mata uang                      deep market for high-quality corporate Bonds) that are
      Rupiah, sama dengan mata uang dimana imbalan                                denominated in Rupiah, in which the benefits will be
      tersebut akan dibayarkan, dan yang memiliki jangka                          paid, and that have terms to maturity approximating to
      waktu yang mendekati jangka waktu liabilitas imbalan                        the terms of the related pension liability.
      pensiun yang bersangkutan.

      Pengukuran kembali liabilitas imbalan pasti langsung                        Remeasurement of post-employment is recognised
      diakui dalam laporan posisi keuangan konsolidasian dan                      immediately to the consolidated statement of financial
      penghasilan komprehensif lain konsolidasian pada                            position and consolidated other comprehensive income
      periode terjadinya dan tidak akan direklasifikasi ke laba                   in the period in which they occur and not to be
      rugi, namun menjadi bagian dari saldo laba. Biaya                           reclassified to profit or loss but reflected immediately in
      liabilitas imbalan pasti lainnya terkait dengan program                     retained earnings. All other costs related to the defined-
      imbalan pasti diakui dalam laba rugi konsolidasian.                         benefit plan are recognized in consolidated profit or loss.

   p. Transaksi dengan pihak-pihak berelasi                                    p. Related party transactions

      Grup menerapkan PSAK No. 7, "Pengungkapan pihak-                            The Group applied SFAS No. 7, "Related party
      pihak berelasi". PSAK ini mensyaratkan pengungkapan                         disclosures". This SFAS requires disclosures of
      hubungan, transaksi dan saldo pihak-pihak berelasi,                         relationships, transactions and balances related parties,
      termasuk     komitmen    dalam   laporan   keuangan                         including commitments in the consolidated financial
      konsolidasian.                                                              statements.

      Seluruh transaksi dan saldo yang signifikan dengan pihak-                   All significant transactions and balances with related
      pihak berelasi telah diungkapkan dalam catatan atas                         parties have been disclosed in the relevant notes to the
      laporan keuangan konsolidasian yang relevan.                                consolidated financial statements.




                                                                    29
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN         AKUNTANSI     MATERIAL            2.    MATERIAL       ACCOUNTING         POLICY      INFORMATION
   (Lanjutan)                                                                (Continued)

   q. Laba per saham                                                         q. Earnings per share

      Laba per saham dasar dihitung dengan membagi laba                         Earnings per share is computed by dividing the profits
      yang diatribusikan kepada pemilik entitas induk dengan                    attributable to the equity holders of the parent entity by
      jumlah rata-rata tertimbang saham beredar pada periode                    the weighted average number of shares outstanding
      yang bersangkutan.                                                        during the period.

   r. Informasi segmen                                                       r. Segment information

      Segmen usaha menyajikan informasi produk atau jasa                        Business segments provide information of products or
      yang memiliki risiko dan imbalan yang berbeda dengan                      services which are subject to different risks and returns
      risiko dan imbalan segmen usaha lain. Segmen geografis                    from other business segments. Geographical segments
      menyajikan informasi produk atau jasa pada wilayah                        provide information of products or services within a
      ekonomi tertentu yang memiliki risiko dan imbalan yang                    particular economic environment that are subject to risks
      berbeda dengan risiko dan imbalan pada komponen yang                      and returns different from components operating in other
      beroperasi pada wilayah ekonomi lain.                                     economic environments.

      Pendapatan segmen, laba (rugi) usaha segmen, laba                         Segmental revenue, profit (loss) business segment, net
      (rugi) neto segmen dan aset segmen ditentukan sebelum                     profit (loss) segment and segmental assets are
      saldo dan transaksi dalam entitas grup dieliminasi dalam                  determined before elimination of balances and
      proses konsolidasian.                                                     transactions within the group entities in the
                                                                                consolidation process.

   s. Properti minyak dan gas                                                s. Oil and gas properties

      Properti minyak dan gas merupakan agregasi                                Oil and gas properties are aggregated payments to
      pembayaran untuk memperoleh participating interests .                     acquire participating interests. Oil and gas properties
      Properti minyak dan gas dideplesikan menggunakan                          are depleted using a unit-of-production method based
      metode unit produksi berdasarkan cadangan terbukti                        on proved and probable reserves from the date of
      (proven ) dan cadangan terduga (probable ) sejak                          commercial production of the respective field.
      dimulainya produksi komersialnya dari masing-masing
      lapangan.

      Properti minyak dan gas dinilai penurunan nilainya sesuai                 Oil and gas properties are assessed for impairment in
      dengan kebijakan yang ditetapkan pada Catatan 2v                          line with the policy set out in Note 2v under significant
      mengunakan asumsi dan estimasi penting yang telah                         assumption and estimates as described in Note 3g.
      dijabarkan pada Catatan 3g.

   t. Liabilitas pembongkaran aset                                           t. Asset dismantling obligation

      Grup    melakukan    pencadangan     atas   kewajiban                     The Group has made provision for its obligations for
      pembongkaran aset sesuai dengan persyaratan dalam                         future dismantlement of assets in accordance with the
      masing-masing perjanjian atau sesuai dengan peraturan                     provisions in the respective agreements or in line with
      yang berlaku. Estimasi awal biaya pembongkaran diakui                     applicable regulations. The initial estimated costs for
      sebagai komponen biaya perolehan aset terkait, yang                       dismantlement are recognised as part of the acquisition
      disusutkan dengan menggunakan metode garis lurus.                         costs of the related assets and are subsequently
                                                                                depreciated using the straight-line method.

      Pada umumnya, aktivitas pembongkaran aset terjadi                         In most instances, the dismantlement of assets activities
      pada beberapa tahun di masa yang akan datang. Provisi                     will occur many years in the future. The provision for
      atas liabilitas pembongkaran di masa yang akan datang                     future dismantlement of assets obligations is the best
      adalah berupa estimasi terbaik pada tanggal pelaporan                     estimate of the present value of the future expenditures
      keuangan atas nilai kini dari pengeluaran di masa yang                    required to undertake the dismantlement of assets at the
      akan datang untuk melaksanakan liabilitas pembongkaran                    reporting date, based on current legal requirements. The
      aset tersebut, sesuai dengan ketentuan hukum yang                         estimate of the obligation for future dismantlement of
      berlaku pada tanggal pelaporan. Perkiraan liabilitas                      assets and site restoration, therefore, requires
      pembongkaran aset di masa yang akan datang tersebut                       management to make judgements regarding the timing
      melibatkan estimasi manajemen mengenai saat aktivitas                     of those activities, the extent of those activities required
      tersebut akan dilakukan, sejauh mana aktivitas tersebut                   and future technologies.
      harus dilakukan, dan juga teknologi yang akan digunakan
      di masa depan.



                                                                  30
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN        AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY       INFORMATION
   (Lanjutan)                                                                  (Continued)

   t. Liabilitas pembongkaran aset (Lanjutan)                                  t. Asset dismantling obligation (Continued)

      Estimasi tersebut diperiksa setiap periode/tahun dan                        Such estimates are reviewed on a periodic/annual basis
      disesuaikan bila diperlukan. Penyesuaian dicerminkan                        and adjusted each period/year as required. Adjustments
      dalam nilai kini atas provisi liabilitas pembongkaran aset                  are reflected in the present value of the provision for the
      dan dilakukan penyesuaian dengan jumlah yang sama                           obligation for dismantlement of assets with a
      atas nilai buku aset yang bersangkutan. Pembalikan dari                     corresponding change in the book value of the
      efek diskonto dalam penghitungan provisi diakui sebagai                     associated assets. The unwinding of the effect of
      beban keuangan pada laba rugi.                                              discounting the provision is recognised as a finance cost
                                                                                  in profit or loss.

   u. Instrumen keuangan                                                       u. Financial instruments

      Aset keuangan                                                               Financial assets

      Grup mengklasifikasikan aset keuangannya dalam                              The Group classifies its financial assets in the following
      kategori: (i) aset keuangan yang diukur pada nilai wajar                    categories: (i) financial assets at fair value through
      melalui laporan laba rugi atau melalui penghasilan                          statements of profit or loss or other comprehensive
      komprehensif lain, (ii) aset keuangan yang diukur dengan                    income, (ii) financial assets at amortised cost.
      biaya diamortisasi. Klasifikasi dan pengukuran aset                         Classification and measurement of financial assets are
      keuangan harus didasarkan pada model bisnis dan arus                        based on the business model and contractual cash
      kas kontraktual – apakah semata dari pembayaran pokok                       flows – whether from solely payment of principal and
      dan bunga. Manajemen menentukan klasifikasi aset                            interest. Management determines the classification of its
      keuangan tersebut pada pengakuan awal.                                      financial assets at initial recognition.

      Grup memiliki aset keuangan yang diklasifikasikan                           The Group has financial assets classified as financial
      sebagai aset keuangan yang diukur dengan biaya                              assets at amortised cost. Financial assets at amortised
      diamortisasi. Aset keuangan yang diukur dengan biaya                        cost consist of cash and cash equivalents, trade
      diamortisasi meliputi kas dan setara kas, piutang usaha,                    receivables, contract assets, other receivables and
      aset kontrak, piutang lain-lain dan aset tidak lancar lain-                 other non-current assets. Financial assets in this
      lain. Aset keuangan diklasifikasikan sebagai aset lancar,                   category are classified as current assets if expected to
      jika jatuh tempo dalam waktu 12 bulan, jika tidak maka                      be settled within 12 months, otherwise they are
      aset keuangan ini diklasifikasikan sebagai aset tidak                       classified as non-current.
      lancar.

      Aset keuangan yang diukur dengan biaya diamortisasi                         Financial assets at amortised cost are recognised
      pada awalnya diakui sebesar nilai wajarnya ditambah                         initially at fair value plus transaction costs and
      dengan biaya-biaya transaksi dan selanjutnya diukur pada                    subsequently measured at amortised cost using the
      biaya perolehan diamortisasi dengan menggunakan                             effective interest rate method.
      metode suku bunga efektif.

      Penghentian pengakuan aset keuangan                                         Derecognition of financial assets

      Aset keuangan dihentikan pengakuannya ketika hak                            Financial assets are derecognised when the rights to
      untuk menerima arus kas dari investasi tersebut telah                       receive cash flows from the investments have expired or
      jatuh tempo atau telah ditransfer dan Grup telah                            have been transferred and the Group has transferred
      mentransfer secara substansial seluruh risiko dan                           substantially all of the risks and rewards of ownership.
      manfaat atas kepemilikan aset.

      Penurunan nilai aset keuangan                                               Impairment of financial assets

      Pada setiap periode pelaporan, Grup menilai apakah                          At each reporting date, the Group assesses whether the
      risiko kredit dari instrumen keuangan telah meningkat                       credit risk on a financial instrument has increased
      secara signifikan sejak pengakuan awal. Ketika                              significantly since initial recognition. When making the
      melakukan penilaian, Grup menggunakan perubahan atas                        assessment, the Group uses the change in the risk of a
      risiko gagal bayar yang terjadi sepanjang perkiraan usia                    default occurring over the expected life of the financial
      instrumen keuangan daripada perubahan atas jumlah                           instrument instead of the change in the amount of
      kerugian kredit ekspektasian.                                               expected credit losses.




                                                                    31
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN       AKUNTANSI        MATERIAL            2.    MATERIAL        ACCOUNTING         POLICY       INFORMATION
   (Lanjutan)                                                                 (Continued)

   u. Instrumen keuangan (Lanjutan)                                           u. Financial instruments (Continued)

      Penurunan nilai aset keuangan (Lanjutan)                                   Impairment of financial assets (Continued)

      Pada setiap periode pelaporan, Grup menilai apakah                         At each reporting date, the Group assesses whether the
      risiko kredit dari instrumen keuangan telah meningkat                      credit risk on a financial instrument has increased
      secara signifikan sejak pengakuan awal. Ketika                             significantly since initial recognition. When making the
      melakukan penilaian, Grup menggunakan perubahan atas                       assessment, the Group uses the change in the risk of a
      risiko gagal bayar yang terjadi sepanjang perkiraan usia                   default occurring over the expected life of the financial
      instrumen keuangan daripada perubahan atas jumlah                          instrument instead of the change in the amount of
      kerugian kredit ekspektasian.                                              expected credit losses.

      Dalam melakukan penilaian, Grup membandingkan                              To make that assessment, the Group compares the risk
      antara risiko gagal bayar yang terjadi atas instrumen                      of a default occurring on the financial instrument as at
      keuangan pada saat periode pelaporan dengan risiko                         the reporting date with the risk of a default occurring on
      gagal bayar yang terjadi atas instrumen keuangan pada                      the financial instrument as at the date of initial
      saat pengakuan awal dan mempertimbangkan kewajaran                         recognition and consider reasonable and supportable
      serta ketersediaan informasi yang tersedia pada saat                       information, that is available without undue cost or effort
      tanggal pelaporan terkait dengan kejadian masa lalu,                       at the reporting date about past events, current
      kondisi terkini dan perkiraan atas kondisi ekonomi di                      conditions and forecasts of future economic conditions,
      masa depan, yang mengindikasikan kenaikan risiko kredit                    that is indicative of significant increases in credit risk
      sejak pengakuan awal.                                                      since initial recognition.

      Grup menerapkan pendekatan yang disederhanakan                             The Group applies the simplified approach to measuring
      untuk mengukur kerugian kredit ekspektasian yang                           expected credit losses which uses a lifetime expected
      menggunakan penyisihan kerugian kredit ekspektasian                        loss allowance for all account receivables without
      sepanjang umurnya untuk seluruh saldo piutang tanpa                        significant financing components and the general
      komponen pendanaan yang signifikan dan pendekatan                          approach for all other financial assets. The general
      umum untuk aset keuangan lainnya. Pendekatan umum                          approach incorporates a review for any significant
      termasuk penelahaan perubahan signifikan risiko kredit                     increase in counterparty credit risk since inception. The
      sejak terjadinya. Penelaahan kerugian kredit ekspektasian                  expected credit loss reviews include assumptions about
      termasuk asumsi mengenai risiko gagal bayar dan tingkat                    the risk of default and expected loss rates. For trade
      kerugian ekspektasian. Untuk piutang usaha, dalam                          receivables, the assessment considers the use of credit
      pengkajian      juga    mempertimbangkan       penggunaan                  enhancements, for example, letters of credit and bank
      peningkatan kredit, misalnya, letter of credit dan garansi                 guarantee. To measure the expected credit losses,
      bank. Untuk mengukur kerugian kredit ekspektasian,                         account receivables have been grouped based on
      piutang telah dikelompokkan berdasarkan karakteristik                      similar credit risk characteristics and the days past due.
      risiko kredit dan jatuh tempo yang serupa.

      Liabilitas keuangan                                                        Financial liabilities

      Grup mengklasifikasikan liabilitas keuangannya sebagai                     The Group classifies its financial liabilities as category:
      kategori: (i) liabilitas keuangan pada nilai wajar melalui                 (i) financial liabilities at fair value through profit or loss,
      laba rugi, dan (ii) liabilitas keuangan yang diukur pada                   and (ii) financial liabilities measured at amortized cost.
      biaya perolehan diamortisasi.




                                                                   32
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN           AKUNTANSI    MATERIAL            2.    MATERIAL       ACCOUNTING          POLICY     INFORMATION
   (Lanjutan)                                                                 (Continued)

   u. Instrumen keuangan (Lanjutan)                                           u. Financial instruments (Continued)

      Liabilitas keuangan (Lanjutan)                                             Financial liabilities (Continued)

      Biaya perolehan diamortisasi dengan mendiskontokan                         Cost is amortized by discounting the value of the liability
      nilai liabilitas menggunakan suku bunga efektif, kecuali                   using the effective interest rate, unless the impact of the
      dampak dari pendiskontoan tidak signifikan. Suku bunga                     discount is insignificant. The effective interest rate is the
      efektif adalah tingkat diskonto yang menghasilkan arus                     discount rate that generates future cash flows from the
      kas di masa datang dari nilai tercatat, saat pengakuan                     carrying amount, upon initial recognition. The interest
      awal. Dampak bunga dari penerapan metode suku bunga                        effect of applying the effective interest method is
      efektif diakui dalam laba rugi konsolidasian.                              recognized in consolidated profit or loss.

      Liabilitas keuangan yang dimiliki Grup meliputi pinjaman                   The Groups financial liabilities include short-term and
      bank jangka pendek dan jangka panjang, utang usaha,                        long term bank loans, trade payables, other payables,
      utang lain-lain, beban masih harus dibayar, utang                          accrued expenses, fixed assets purchase payables and
      pembelian aset tetap dan pinjaman pembiayaan                               consumer financing loans which are classified as
      konsumen yang diklasifikasikan sebagai liabilitas                          financial liabilities at amortised cost.
      keuangan yang diukur dengan biaya diamortisasi.


      Pada saat pengakuan awal, utang usaha, akrual, liabilitas                  At initial recognition, trade payables, accruals, other
      keuangan jangka pendek lainnya dan pinjaman diukur                         short-term financial liabilities and loans are measured at
      sebesar nilai wajar dikurangi biaya transaksi yang dapat                   fair value less direct attributable transaction costs. After
      diatribusikan langsung. Setelah pengakuan awal, liabilitas                 initial recognition, financial liabilities are measured at
      keuangan diukur pada biaya perolehan diamortisasi                          amortized cost using the effective interest method.
      dengan menggunakan metode bunga efektif.

      Penghentian pengakuan liabilitas keuangan                                  Derecognition of financial liabilities

      Liabilitas keuangan dihentikan pengakuannya pada saat                      A financial liability is derecognized when the obligation
      liabilitas tersebut dihentikan atau dibatalkan atau                        under the contract is discharged or cancelled or expired.
      kadaluwarsa. Ketika suatu liabilitas keuangan yang ada                     When an existing financial liability is replaced by
      digantikan oleh liabilitas keuangan lain dari pemberi                      another from the same lender on substantially different
      pinjaman yang sama dengan persyaratan yang berbeda                         terms, or the terms of an existing liability are
      secara substansial, atau modifikasi secara substansial                     substantially modified, such an exchange or modification
      persyaratan dari suatu liabilitas yang saat ini ada,                       is treated as derecognition of the original liability and
      pertukaran atau modifikasi tersebut diperlakukan sebagai                   recognition of a new liability, and the difference in the
      penghentian pengakuan liabilitas awal dan pengakuan                        respective carrying amounts is recognized in the
      liabilitas baru, dan selisih antara nilai tercatat masing-                 consolidated statement of profit or loss and other
      masing liabilitas diakui dalam laporan laba rugi dan                       comprehensive income.
      penghasilan komprehensif lain konsolidasian.

      Saling hapus dari instrumen keuangan                                       Offsetting of financial instruments

      Aset keuangan dan liabilitas keuangan saling hapus dan                     Financial assets and liabilities are offset and the net
      jumlah netonya dilaporkan pada laporan posisi keuangan                     amount is reported in the consolidated statements of
      konsolidasian ketika terdapat hak yang berkekuatan                         financial position when there is a legally enforceable
      hukum untuk melakukan saling hapus atas jumlah yang                        right to offset the recognised amounts and there is an
      telah diakui tersebut dan adanya niat untuk                                intention to settle on a net basis, or realise the asset
      menyelesaikan secara neto, atau untuk merealisasikan                       and settle the liability simultaneously. The legally
      aset dan menyelesaikan liabilitas secara bersamaan. Hak                    enforceable right must not be contingent on future
      saling hapus tidak kontinjen atas peristiwa di masa depan                  events and must be enforceable in the normal course of
      dan dapat dipaksakan secara hukum dalam situasi bisnis                     business and in the event of default in solvency or
      yang normal dan dalam peristiwa gagal bayar, atau                          bankcrupty of the Group or the counterparty.
      peristiwa kepailitan atau kebangkrutan Grup atau pihak
      lawan.




                                                                   33
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                             PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                     STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                               As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                        then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                      (Expressed in full US Dollar amount, unless otherwise stated)


2. INFORMASI       KEBIJAKAN         AKUNTANSI        MATERIAL            2.    MATERIAL       ACCOUNTING        POLICY     INFORMATION
   (Lanjutan)                                                                   (Continued)

   v. Penurunan nilai dari aset non-keuangan                                    v. Impairment of non-financial assets

      Aset yang memiliki umur manfaat tidak terbatas, misalnya                     Assets that have an indefinite useful life, for example,
      goodwill , tidak diamortisasi namun diuji penurunan                          goodwill, are not subject to amortisation but tested
      nilainya setiap tahun, atau lebih sering jika terdapat                       annually for impairment, or more frequently if events or
      kejadian atau perubahan keadaan yang mengindikasikan                         changes in circumstances indicate that the carrying
      bahwa nilai tercatatnya mungkin tidak dapat dipulihkan.                      amount may not be recoverable.

      Aset yang memiliki umur manfaat terbatas, diamortisasi                       Assets that have a definite useful life are subject to
      atau disusutkan, dan diuji untuk penurunan nilai jika                        amortisation or depreciation, and are reviewed for
      terdapat kejadian atau perubahaan keadaan yang                               impairment whenever events or changes in
      mengindikasikan bahwa nilai tercatatnya mungkin tidak                        circumstances indicate that the carrying amount may not
      dapat dipulihkan. Penurunan nilai diakui jika nilai tercatat                 be recoverable. An impairment loss is recognised at the
      aset melebihi jumlah terpulihkannya. Jumlah terpulihkan                      amount by which the asset’s carrying amount exceeds
      merupakan jumlah yang lebih tinggi antara nilai wajar aset                   its recoverable amount. The recoverable amount is the
      dikurangi biaya untuk menjual dan nilai pakai aset. Dalam                    higher of an asset’s fair value less costs of disposal and
      menentukan penurunan nilai, aset dikelompokkan pada                          its value in use. For the purposes of assessing
      tingkat yang paling rendah dimana terdapat arus kas yang                     impairment, assets are grouped at the lowest level for
      dapat diidentifikasi.                                                        which there is separately identifiable cash flows.

      Penentuan nilai wajar dan nilai pakai untuk properti                         The determination of fair value and value in use for oil
      minyak dan gas mensyaratkan manajemen untuk                                  and gas properties requires management to make
      membuat estimasi dan asumsi signifikan yang telah                            significants estimates and assumptions as described in
      dijelaskan pada Catatan 3g.                                                  Note 3g,

      Aset non-keuangan selain goodwill yang mengalami                             Non financial assets other than goodwill that suffer
      penurunan nilai diuji untuk menentukan apakah terdapat                       impairment are reviewed for possible reversal of the
      kemungkinan pemulihan penurunan nilai, pada setiap                           impairment at each reporting date.
      tanggal pelaporan.

      Pembalikan rugi penurunan nilai, untuk aset selain                           Reversal of impairment losses for assets other than
      goodwill , diakui jika, dan hanya jika, terdapat perubahan                   goodwill is recognised if, and only if, there has been a
      estimasi yang digunakan dalam menentukan jumlah                              change in the estimates used to determine the asset’s
      terpulihkan aset sejak pengujian penurunan nilai terakhir                    recoverable amount since the last impairment testing
      kali. Pembalikan rugi penurunan nilai tersebut diakui                        was carried out. The reversal of impairment losses will
      segera dalam laba rugi. Pembalikan tersebut tidak boleh                      be recognised immediately in profit or loss. The reversal
      mengakibatkan nilai tercatat aset melebihi biaya                             should not result in the carrying amount of an asset
      perolehan disusutkan sebelum adanya pengakuan                                exceeding what the depreciated cost would have been
      penurunan nilai pada tanggal pembalikan dilakukan. Rugi                      had the impairment not been recognised at the date on
      penurunan nilai atas goodwill tidak akan dilakukan                           which the impairment was reversed. Impairment losses
      pembalikan kembali.                                                          relating to goodwill will not be reversed.

3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                               3.    CRITICAL   ACCOUNTING                ESTIMATES          AND
   PENTING                                                                      JUDGEMENTS

   Penyusunan laporan keuangan konsolidasian Grup                               The preparation of the consolidated financial statements
   mensyaratkan manajemen untuk membuat pertimbangan,                           requires management to make judgments, estimates and
   estimasi dan asumsi yang mempengaruhi jumlah yang                            assumptions that affect the reported amounts of revenues,
   dilaporkan atas pendapatan, beban, aset dan liabilitas, serta                expenses, assets and liabilities, and the disclosure of
   pengungkapan liabilitas kontinjensi, pada akhir periode                      contingent liabilities, at the end of the reporting period.
   pelaporan. Pertimbangan, estimasi dan asumsi akan                            Judgements, estimates and assumptions are continually
   dievaluasi secara berkelanjutan dan didasarkan pada                          evaluated and are based on historical experience and other
   pengalaman masa lalu dan faktor-faktor lainnya, termasuk                     factors, including expectations of future events that are
   ekspektasi terhadap kejadian masa depan yang diyakini                        believed to be reasonable under the circumstances.
   cukup beralasan dalam situasi tertentu.




                                                                     34
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                            PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                    STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                              As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                       then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                     (Expressed in full US Dollar amount, unless otherwise stated)


3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                              3.    CRITICAL  ACCOUNTING                 ESTIMATES          AND
   PENTING (Lanjutan)                                                          JUDGEMENTS (Continued)

   Grup telah mengidentifikasi kebijakan-kebijakan akuntansi                   The Group has identified the following critical accounting
   penting berikut yang melibatkan pertimbangan, estimasi, dan                 policies under which significant judgements, estimates and
   asumsi yang signifikan dimana hasil yang sebenarnya dapat                   assumptions are made and where actual results may differ
   berbeda dari estimasi-estimasi yang dibuat berdasarkan                      from these estimates under different assumptions and
   asumsi dan kondisi yang berbeda pada saat itu dan                           conditions and may materially affect the financial results or
   kemungkinan dapat mempengaruhi hasil atau posisi                            the financial position reported in future periods.
   keuangan secara material yang dilaporkan dalam periode
   mendatang.

   Rincian lebih lanjut mengenai karakteristik atas asumsi-                    Further details of the nature of these assumptions and
   asumsi dan kondisi-kondisi tersebut dapat ditemukan dalam                   conditions may be found in the relevant notes to the
   catatan laporan keuangan konsolidasian yang relevan.                        consolidated financial statements.

   a. Provisi untuk kerugian kredit ekspektasian ("ECL") aset                  a. Provision for expected credit losses ("ECL") of financial
      keuangan                                                                    assets

      Grup menggunakan matriks provisi untuk menghitung                           The Group uses a provision matrix to calculate ECL for
      kerugian kredit ekspektasian piutang usaha. Tingkat                         trade receivables. The provision rates are based on
      provisi adalah berdasarkan hari jatuh tempo atas                            days past due for groupings of various customer
      kelompok     segmen pelanggan yang mempunyai                                segments that have similar credit risk characteristics
      karakteristik risiko kredit yang serupa (misalnya                           (e.g., by geography, product type, customer type and/or
      berdasarkan geografi, tipe produk, tipe dan/atau peringkat                  rating, and coverage by letters of credit and other
      pelanggan, dan nilai pertanggungan dari letter of credit                    forms).
      dan bentuk lain).

      Matriks provisi pada mulanya didasarkan pada tingkat                        The provision matrix is initially based on the Group’s
      gagal bayar historis Grup yang diobservasi. Grup akan                       historical observed default rates. The Group will
      memperbaharui matriks untuk menyesuaikan pengalaman                         calibrate the matrix to adjust the historical credit loss
      kerugian kredit historis dengan informasi forward-looking .                 experience with forward looking information. For
      Sebagai contoh, jika perkiraan atas kondisi ekonomi                         instance, if forecast economic conditions are expected
      diperkirakan memburuk selama periode depan, yang                            to deteriorate over the next period, which can lead to an
      dapat menyebabkan meningkatnya jumlah gagal bayar,                          increased number of defaults, the historical default rates
      tingkat gagal bayar historis disesuaikan. Pada setiap                       are adjusted. At every reporting date, the historically
      tanggal pelaporan, tingkat gagal bayar historis                             observed default rates are updated and changes in the
      diperbaharui dan perubahan estimasi forward-looking                         forward-looking estimates are analysed.
      dianalisis.

      Penilaian atas korelasi antara tingkat gagal bayar historis                 The assessment of the correlation between historically
      yang diobservasi, perkiraan atas kondisi ekonomi dan                        observed default rates, forecast economic conditions
      kerugian kredit ekspektasian merupakan estimasi yang                        and ECL is a significant estimate. The amount of ECL is
      signifikan. Jumlah kerugian kredit ekspektasian paling                      sensitive to changes in circumstances and forecast
      dipengaruhi oleh perubahan keadaan dan perkiraan                            economic conditions. The Group’s historical credit loss
      kondisi ekonomi. Pengalaman kerugian kredit historis                        experience and forecast of economic conditions may
      Grup dan perkiraan kondisi ekonomi juga mungkin tidak                       also not be representative of a customer’s actual default
      menggambarkan gagal bayar aktual pelanggan di masa                          in the future.
      yang akan datang.

      Selain provisi penurunan nilai kolektif, Grup juga                          In addition to a collective impairment provision, the
      menerapkan provisi khusus untuk aset keuangan selain                        Group also implements specific provisions for financial
      piutang. Tingkat provisi tertentu dievaluasi oleh                           assets other than receivables. The level of a specific
      manajemen      berdasarkan      faktor  faktor  yang                        provision is evaluated by management based on factors
      mempengaruhi kolektibilitas piutang. Dalam kasus ini,                       that affect the collectability of the accounts. In these
      Grup menggunakan penilaian berdasarkan fakta dan                            cases, the Group uses judgement based on the best
      keadaan terbaik yang tersedia, termasuk namun tidak                         available facts and circumstances, including but not
      terbatas pada, lamanya hubungan Grup dengan                                 limited to, the length of the Group’s relationship with the
      pelanggan dan status kredit pelanggan berdasarkan                           customers and customers’ credit status based on third-
      laporan kredit pihak ketiga dan faktor pasar yang                           party credit reports and known market factors, to record
      diketahui, untuk mencatat cadangan khusus untuk                             specific reserves for customers against amounts due in
      pelanggan terhadap jumlah yang jatuh tempo dalam                            amounts that it expects to collect.
      jumlah yang diharapkan untuk dikumpulkan.



                                                                    35
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                             3.    CRITICAL  ACCOUNTING                 ESTIMATES          AND
   PENTING (Lanjutan)                                                         JUDGEMENTS (Continued)

   a. Provisi untuk kerugian kredit ekspektasian ("ECL") aset                 a. Provision for expected credit losses ("ECL") of financial
      keuangan (Lanjutan)                                                        assets (Continued)

      Cadangan spesifik ini dievaluasi kembali dan disesuaikan                   These specific reserves are re-evaluated and adjusted
      karena informasi tambahan yang diterima mempengaruhi                       as additional information received affects the amounts
      jumlah yang diestimasi.                                                    estimated.

   b. Estimasi masa manfaat aset tetap dan aset takberwujud                   b. Estimated useful lives of fixed assets and intangible
                                                                                 assets

      Grup mengestimasi masa manfaat dari aset tetap dan                         The Group estimates the useful life of fixed assets and
      aset takberwujudnya berdasarkan utilisasi dari aset yang                   intangible assets based on the utilization of assets that
      diharapkan dapat didukung dengan rencana dan strategi                      are expected to be supported by business plans and
      usaha yang juga mempertimbangkan perkembangan                              strategies are also considering the development of
      teknologi di masa depan dan perilaku pasar. Estimasi dari                  future technologies and market behavior. Estimates of
      masa manfaat aset tetap adalah berdasarkan penelaahan                      the useful life of fixed assets is based on a review of the
      Grup secara kolektif terhadap praktek industri, evaluasi                   Group are collectively in accordance with industry
      teknis internal dan pengalaman untuk aset yang setara.                     practice, internal technical evaluation and experience
      Estimasi masa manfaat ditelaah paling sedikit setiap akhir                 equivalent to that asset. Estimated useful lives are
      tahun pelaporan dan diperbarui jika ekspektasi berbeda                     reviewed at least every year-end reporting and updated
      dari estimasi sebelumnya dikarenakan pemakaian dan                         if expectations differ from previous estimates due to
      kerusakan fisik, keusangan secara teknis atau komersial                    physical wear and tear, technical or commercial
      dan hukum atau pembatasan lain atas penggunaan dari                        obsolescence and legal or other restrictions on the use
      aset. Tetapi, adalah mungkin, hasil di masa depan dari                     of assets. However, it is possible, future results of
      operasi dapat dipengaruhi secara material oleh                             operations could be materially affected by changes in
      perubahan-perubahan dalam estimasi yang diakibatkan                        estimates resulting from changes in the factors
      oleh perubahan faktor-faktor yang disebutkan diatas.                       mentioned above.

      Jumlah dan waktu dari beban yang dicatat untuk setiap                      The amount and timing of recorded expenses for any
      periode akan terpengaruh oleh perubahan atas faktor-                       period will be affected by changes in the factors and
      faktor dan situasi tersebut. Pengurangan dalam estimasi                    circumstances. Reduction in the estimated useful lives
      masa manfaat dari aset tetap Grup akan meningkatkan                        of fixed assets of the Group will increase operating
      beban operasi dan menurunkan aset tidak lancar yang                        expenses and decrease non-current assets are
      dicatat.                                                                   recorded.

   c. Sewa                                                                    c. Leases

      Penentuan apakah suatu perjanjian mengandung unsur                         Determining whether an arrangement is or contains a
      sewa membutuhkan pertimbangan yang cermat untuk                            lease requires careful judgement to assess whether the
      menilai apakah perjanjian tersebut memberikan hak untuk                    arrangement conveys a right to obtain substantially all
      mendapatkan secara subtansial seluruh manfaat ekonomi                      the economic benefits from use of the asset throughout
      dari penggunaan aset identifikasian dan hak untuk                          the period of use and right to direct the use of the asset,
      mengarahkan penggunaan asset identifikasian, bahkan                        even if the right is not explicitly specified in the
      jika hak tersebut tidak dijabarkan secara eksplisit di                     arrangement.
      perjanjian.

      Grup mempunyai beberapa perjanjian sewa di mana Grup                       The Group has various lease agreements where the
      bertindak sebagai penyewa untuk beberapa asset                             Group acts as a lessee in respect of certain assets. The
      tertentu. Grup mengevaluasi apakah terdapat risiko dan                     Group evaluates whether significant risks and rewards
      manfaat kepemilikan yang signifikan dari aset sewaan                       of ownership of the leased asset are transferred to the
      yang dialihkan kepada berdasarkan PSAK 73, yang                            lessee based on SFAS 73, which requires the Group to
      mensyaratkan Grup untuk membuat pertimbangan dan                           make judgements and estimates of transfer of risks and
      estimasi dari pengalihan risiko dan manfaat terkait atas                   rewards of ownership of a leased asset.
      kepemilikan aset sewaan.




                                                                   36
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                              PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                      STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                         then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                       (Expressed in full US Dollar amount, unless otherwise stated)


3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                                3.    CRITICAL  ACCOUNTING                 ESTIMATES          AND
   PENTING (Lanjutan)                                                            JUDGEMENTS (Continued)

   c. Sewa (Lanjutan)                                                            c. Leases (Continued)

      Karena Grup tidak dapat dengan mudah menentukan                               Since the Group could not readily determine the implicit
      suku bunga implisit, manajemen menggunakan suku                               rate, management used the Group's incremental
      bunga pinjaman inkremental Grup sebagai tingkat                               borrowing rate as a discount rate. There are a number
      diskonto.    Ada     beberapa faktor yang    perlu                            of factors to consider in determining an incremental
      dipertimbangkan dalam menentukan suku bunga                                   borrowing rate, many of which need judgement in order
      pinjaman inkremental, yang banyak di antaranya                                to be able to reliably quantify any necessary
      memerlukan pertimbangan untuk dapat secara andal                              adjustments to arrive at the final discount rates.
      mengukur penyesuaian yang diperlukan untuk sampai
      pada tingkat diskonto akhir.

      Dalam menentukan suku bunga pinjaman inkremental,                             In determining an incremental borrowing rate, the Group
      Grup mempertimbangkan faktor-faktor utama berikut:                            considers the following main factors: the Group’s
      risiko kredit korporat Grup, jangka waktu sewa, jangka                        corporate credit risk, the lease term, the lease payment
      waktu pembayaran sewa, lingkungan ekonomi, waktu di                           term, the economic environment, the time at which the
      mana sewa dimasukkan, dan mata uang di mana                                   lease is entered into, and the currency in which the
      pembayaran sewa ditentukan.                                                   lease payments are denominated.

      Dalam menentukan jangka waktu sewa, Grup                                      In determining the lease term, the Group considers all
      mempertimbangkan semua fakta dan keadaan yang                                 facts and circumstances that create an economic
      menimbulkan insentif ekonomi untuk menggunakan opsi                           incentive to exercise an extension option, or not
      perpanjangan, atau tidak menggunakan opsi penghentian.                        exercise a termination option. Extension options (or
      Opsi perpanjangan (atau periode setelah opsi                                  periods after termination options) are only included in
      penghentian kontrak kerja) hanya termasuk dalam jangka                        the lease term if the lease is reasonably certain to be
      waktu sewa jika cukup pasti akan diperpanjang (atau tidak                     extended (or not terminated). The lease term is
      dihentikan). Penilaian tersebut ditinjau kembali jika terjadi                 reviewed if a significant event or a significant change in
      peristiwa signifikan atau perubahan signifikan dalam                          circumstances occurs which affects this assessment
      situasi yang memengaruhi penilaian ini dan berada dalam                       and that is within the control of the Group. For the year
      kendali Grup. Untuk tahun yang berakhir pada tanggal 31                       ended December 31, 2023, there is no revision of lease
      Desember 2023, tidak ada revisi persyaratan sewa untuk                        terms to reflect the effect of exercising extension and
      mencerminkan        efek    dari     melaksanakan       opsi                  termination options.
      perpanjangan dan penghentian hubungan kerja.

   d. Realisasi dari aset pajak tangguhan                                        d. Realization of deferred tax assets

      Grup melakukan penelaahan atas nilai tercatat aset pajak                      The Group conducted a review of the carrying amount of
      tangguhan pada setiap akhir periode pelaporan dan                             deferred tax assets at the end of each reporting period
      mengurangi nilai tersebut sebesar jumlah kemungkinan                          and reduce the value by as much as possible those
      aset tersebut tidak dapat direalisasikan, dimana                              assets that could not be realized, where the taxable
      penghasilan kena pajak yang tersedia memungkinkan                             income that is available allows for the use of all or part
      untuk penggunaan seluruh atau sebagian dari aset pajak                        of the deferred tax assets. Review of the Group for the
      tangguhan tersebut. Penelaahan Grup atas pengakuan                            recognition of deferred tax assets for deductible
      aset pajak tangguhan untuk perbedaan permanen yang                            permanent differences based on the level and timing of
      dapat dikurangkan didasarkan atas tingkat dan waktu dari                      taxable income that estimated for the next reporting
      penghasilan kena pajak yang ditaksirkan untuk periode                         period.
      pelaporan berikutnya.

      Taksiran ini berdasarkan hasil pencapaian di masa lalu                        This estimates are based on past achievements and
      dan ekspektasi di masa depan terhadap pendapatan dan                          future expectations of income and expenses, as well as
      beban, sebagaimana juga dengan strategi perencanaan                           tax planning strategies in the future. But there is no
      perpajakan di masa depan. Tetapi tidak terdapat                               assurance that the Group can generate sufficient
      kepastian bahwa Grup dapat menghasilkan penghasilan                           taxable income to allow the use of part or all of these
      kena pajak yang cukup untuk memungkinkan                                      deferred tax assets.
      penggunaan sebagian atau seluruh bagian dari aset pajak
      tangguhan tersebut.




                                                                      37
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                             3.    CRITICAL  ACCOUNTING                  ESTIMATES          AND
   PENTING (Lanjutan)                                                         JUDGEMENTS (Continued)

   e. Ketidakpastian liabilitas perpajakan                                    e. Uncertainty of the tax liability

      Dalam situasi tertentu, Grup tidak dapat menentukan                        In certain circumstances, the Group cannot determine
      secara pasti jumlah liabilitas pajak mereka pada saat ini                  the exact amount of their tax liability on current or future
      atau masa depan karena proses pemeriksaan oleh                             due to the examination process by the tax authorities.
      otoritas perpajakan. Ketidakpastian timbul terkait dengan                  Uncertainty arises relating to interpretation of complex
      interpretasi dari peraturan perpajakan yang kompleks dan                   tax ​regulations and the amount and timing of taxable
      jumlah dan waktu dari penghasilan kena pajak di masa                       income in the future.
      depan.

      Dalam menentukan jumlah yang harus diakui terkait                          In determining the amount to be recognized related to
      dengan liabilitas pajak yang tidak pasti, Grup menerapkan                  uncertain tax liabilities, the Group applied the same
      pertimbangan yang sama yang akan mereka gunakan                            consideration that they will use in determining the
      dalam menentukan jumlah cadangan yang harus diakui                         amount of reserves that must be recognized in
      sesuai dengan PSAK 57, “Provisi, Liabilitas Kontinjensi,                   accordance with SFAS 57, "Provisions, Contingent
      dan Aset Kontinjensi”. Grup membuat analisa untuk                          Liabilities and Contingent Assets". The Group makes
      semua posisi pajak terkait dengan pajak penghasilan                        the analysis to all tax positions related to income taxes
      untuk menentukan jika liabilitas pajak untuk manfaat                       to determine if the tax liability for unrecognized tax
      pajak yang belum diakui harus diakui.                                      benefits should be recognized.

   f. Penurunan nilai aset non-keuangan                                       f. Impairment of non-financial assets

      Penurunan nilai muncul saat nilai tercatat aset atau unit                  An impairment exists when the carrying value of an
      penghasil kas ("UPK") melebihi nilai terpulihkannya, yang                  asset or cash generating unit ("CGU") exceeds its
      lebih besar antara nilai wajar dikurangi biaya untuk                       recoverable amount, which is the higher of its fair value
      menjual dan nilai pakainya. Nilai wajar dikurangi biaya                    less costs to sell and its value in use. The fair value less
      untuk menjual didasarkan pada ketersediaan data dari                       costs to sell calculation is based on available data from
      perjanjian penjualan yang mengikat yang dibuat dalam                       binding sales transactions in an arm’s length transaction
      transaksi normal atas aset serupa atau harga pasar yang                    of similar assets or observable market prices less
      dapat diamati dikurangi dengan biaya tambahan yang                         incremental costs for disposing the asset.
      dapat diatribusikan dengan pelepasan aset.

      Perhitungan nilai pakai didasarkan pada model arus kas                     The value in use calculation is based on a discounted
      yang didiskontokan. Arus kas diproyeksikan untuk                           cash flow model. The future cash flow projection is for a
      sepuluh tahun ke depan dan tidak termasuk aktivitas                        period of ten years and does not include restructuring
      restrukturisasi yang belum ada perikatannya atau                           activities that the Group is not yet committed to or
      investasi signifikan di masa depan yang akan                               significant future investments that will enhance the
      meningkatkan kinerja dari UPK yang diuji. Nilai                            asset’s performance of the CGU being tested. The
      terpulihkan paling sensitif terhadap tingkat diskonto yang                 recoverable amount is most sensitive to the discount
      digunakan untuk model arus kas yang didiskontokan                          rate used for the discounted cash flow model as well as
      seperti halnya dengan arus kas masuk masa depan yang                       the expected future cash inflows and the growth rate
      diharapkan dan tingkat pertumbuhan yang digunakan                          used for extrapolation purposes.
      untuk tujuan ekstrapolasi.

   g. Estimasi cadangan minyak dan gas                                        g. Oil and gas reserve estimates

      Properti minyak dan gas yang telah menemukan                               Proven oil and gas properties are reviewed for
      cadangan terbukti ditelaah untuk penurunan nilai ketika                    impairment losses whenever events or changes in
      kejadian dan perubahan keadaan mengindikasikan bahwa                       circumstances indicate that the carrying amount may not
      nilai tercatat aset tidak dapat dipulihkan. Jika terdapat                  be recoverable. If any such indication exists, the asset's
      indikasi tersebut, nilai terpulihkan aset akan diestimasi.                 recoverable amount is estimated.




                                                                   38
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


3. ESTIMASI DAN PERTIMBANGAN AKUNTANSI YANG                             3.    CRITICAL  ACCOUNTING                 ESTIMATES          AND
   PENTING (Lanjutan)                                                         JUDGEMENTS (Continued)

   g. Estimasi cadangan minyak dan gas (Lanjutan)                             g. Oil and gas reserve estimates (Continued)

      Penentuan nilai wajar dan nilai pakai untuk properti                       The determination of fair value and value in use for
      minyak dan gas yang telah menemukan cadangan                               proven oil and gas properties and fixed assets requires
      terbukti dan aset tetap mensyaratkan manajemen untuk                       management to make estimates and assumptions about
      membuat estimasi dan asumsi atas produksi yang                             expected production and sales volumes, discount rate
      diharapkan dan volume penjualan, tingkat diskonto                          using weighted average cost of capital ("WACC",
      menggunakan weighted average cost of capital                               commodity prices (considering current and historical
      ("WACC"), harga komoditas (mempertimbangkan harga                          prices, price trends and related factors), tolling fees,
      saat ini dan masa lalu, tren harga dan faktor-faktor                       reserves for oil and gas properties, pipelines useful
      terkait), biaya tolling, cadangan atas properti minyak dan                 lives, operating costs, decommissioning and site
      gas, umur manfaat pipa, biaya operasi, biaya                               restoration cost and future capital expenditure.
      pembongkaran dan restorasi serta belanja modal di masa
      depan.

      Nilai tercatat untuk penyusutan dan amortisasi beserta                     The amounts recorded for depreciation and
      pemulihan nilai tercatat properti minyak dan gas                           amortisation, as well as the recovery of the carrying
      tergantung pada estimasi cadangan minyak dan gas.                          value of oil and gas properties involving production of oil
      Faktor utama yang mempengaruhi estimasi tersebut                           and gas reserves, depend on the estimated reserves of
      adalah penilaian teknis atas kuantitas produksi cadangan                   oil and gas. The primary factors affecting these
      minyak dan gas yang ada dan kendala ekonomis, seperti                      estimates are technical engineering assessments of
      ketersediaan pasar komersial atas produksi minyak dan                      producible quantities of oil and gas reserves in place
      gas maupun asumsi yang terkait dengan antisipasi harga                     and economic constraints, such as the availability of
      komoditas dan biaya pengembangan dan produksi                              commercial markets for oil and gas production, as well
      cadangan tersebut.                                                         as assumptions related to anticipated commodity prices
                                                                                 and the costs of development and production of the
                                                                                 reserves.

      Asumsi ekonomi yang digunakan untuk memperkirakan                          The economic assumptions used to estimate reserves
      cadangan berubah dari waktu ke waktu dan data geologi                      change from period to period, and additional geological
      bertambah selama masa operasi, oleh karena itu                             data are generated during the course of operations,
      perkiraan cadangan dapat berubah dari waktu ke waktu.                      therefore estimates of reserves may change from period
      Perubahan      cadangan     yang  dilaporkan    dapat                      to period. Changes in reported reserves may affect the
      mempengaruhi kinerja dan posisi keuangan Grup dalam                        Group’s financial performance and financial position in a
      berbagai cara, diantaranya:                                                number of ways, including the following:

      - Nilai tercatat aset dapat terpengaruh akibat perubahan                   - Asset carrying values may be affected due to changes
        estimasi arus kas masa depan.                                              in estimated future cash flows.

      - Penyusutan dan amortisasi yang dibebankan ke dalam                       - Depreciation and amortisation charged in the profit or
        laba rugi dan penghasilan komprehensif lain                                loss and other comprehensive income may change
        konsolidasian dapat berubah apabila beban-beban                            where such charges are determined on a units of
        tersebut ditentukan berdasarkan unit produksi, atau jika                   production basis, or where the useful economic lives
        masa manfaat ekonomi umur aset berubah.                                    of assets change.

      - Penyisihan untuk aktivitas purna-operasi, restorasi                      - Decommissioning, site restoration and environmental
        lokasi aset, dan hal-hal yang berkaitan dengan                             provisions may change where changes in estimated
        lingkungan dapat berubah apabila terjadi perubahan                         reserves affect expectations about the timing or cost
        dalam perkiraan cadangan yang mempengaruhi                                 of these activities.
        ekspektasi tentang waktu atau biaya kegiatan ini.




                                                                   39
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


4. KAS DAN SETARA KAS                                               4.    CASH AND CASH EQUIVALENTS

                                                     2023                   2022

   Kas                                                 414.934              1.044.778                                            Cash

   Kas di bank                                                                                                       Cash in banks
    Dolar AS                                                                                                            US Dollar
     PT Bank Mandiri (Persero) Tbk                  22.179.570             18.249.385              PT Bank Mandiri (Persero) Tbk
     PT Bank HSBC Indonesia                          2.819.895              3.178.808                  PT Bank HSBC Indonesia
     PT Bank Negara Indonesia (Persero) Tbk             54.766                236.872     PT Bank Negara Indonesia (Persero) Tbk
     PT Bank Syariah Indonesia Tbk                       6.560                  6.680             PT Bank Syariah Indonesia Tbk
     Lain-lain (masing-masing di bawah                                                                       Others (each below
      AS$ 3.000)                                            1.472               1.700                               US$ 3,000)
    Rupiah                                                                                                                 Rupiah
     PT Bank Mandiri (Persero) Tbk                    7.544.062             3.951.894              PT Bank Mandiri (Persero) Tbk
     PT Bank HSBC Indonesia                           1.423.751             3.067.660                  PT Bank HSBC Indonesia
     PT Bank Negara Indonesia (Persero) Tbk              99.166               302.228     PT Bank Negara Indonesia (Persero) Tbk
     PT Bank Central Asia Tbk                             4.321                12.142                  PT Bank Central Asia Tbk
     Lain-lain (masing-masing di bawah                                                                       Others (each below
      AS$ 3.000)                                            4.937               4.733                               US$ 3,000)

       Jumlah bank                                  34.138.500             29.012.102                                 Total banks

   Deposito berjangka - Rupiah                                                                               Time deposits - Rupiah
     PT Bank Mandiri (Persero) Tbk                     314.552                 22.647               PT Bank Mandiri (Persero) Tbk
     PT Bank Muamalat Tbk                                  -                   23.575                     PT Bank Muamalat Tbk

       Jumlah deposito berjangka                       314.552                 46.222                          Total time deposits

       Jumlah kas dan setara kas                    34.867.986             30.103.102             Total cash and cash equivalents

   Pada tahun 2023, deposito berjangka memperoleh bunga                   In 2023, time deposits earned interest ranging 2.25% -
   berkisar 2,25% - 2,50% (2022: 2,08% - 2,50%) per tahun.                2.50% (2022: 2.08% - 2.50%) per annum.

   Pada tanggal 31 Desember 2023, kas di bank tertentu milik              As at December 31, 2023, certain cash in bank of the
   Perusahaan digunakan sebagai jaminan untuk pinjaman dari               Company were pledged as collateral for loan obtained from
   PT Bank Mandiri (Persero) Tbk (lihat catatan 21).                      PT Bank Mandiri (Persero) (see note 21).

   Semua rekening bank dan deposito berjangka ditempatkan                 All cash in banks and time deposits are placed in third party
   pada bank pihak ketiga dan tidak dibatasi penggunaannya.               banks and not restricted.

5. PIUTANG USAHA                                                    5.    TRADE RECEIVABLES

                                                     2023                   2022

   Pihak ketiga                                                                                                           Third parties
    Dolar AS                                        22.597.120             12.920.176                                      US Dollar
    Rupiah                                           9.021.256              3.675.276                                         Rupiah

       Jumlah                                       31.618.376             16.595.452                                        Total

    Dikurangi penyisihan atas penurunan nilai                                                          Less provision for impairment
     Dolar AS                                          (230.908)             (213.160)                                    US Dollar
     Rupiah                                             (41.416)              (49.919)                                      Rupiah

       Jumlah                                          (272.324)             (263.079)                                       Total

       Jumlah - bersih                              31.346.052             16.332.373                                   Total - net




                                                               40
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


5. PIUTANG USAHA (Lanjutan)                                        5.    TRADE RECEIVABLES (Continued)

   Rincian piutang usaha berdasarkan pelanggan adalah                    Details of trade receivables based on customers are as
   sebagai berikut:                                                      follows:

                                                     2023                  2022

   Pihak ketiga                                                                                                         Third parties
    PT GPI Jabung Indonesia                         10.372.313                   -                      PT GPI Jabung Indonesia
    PT Pertamina Gas                                 6.649.015             4.905.553                             PT Pertamina Gas
    PT PLN (Persero)                                 2.782.005             3.047.052                             PT PLN (Persero)
    PT Lontar Papyrus Pulp & Paper Industry          1.891.626             1.613.709      PT Lontar Papyrus Pulp & Paper Industry
    PT Indah Kiat Pulp & Paper Tbk                   1.660.915                   -                PT Indah Kiat Pulp & Paper Tbk
    PT Gajah Tunggal Tbk                               834.995               952.342                        PT Gajah Tunggal Tbk
    PT Kedaung Oriental Porcelain Industry             728.872               928.761       PT Kedaung Oriental Porcelain Industry
    PT Pertamina Patra Niaga                           616.267               582.281                    PT Pertamina Patra Niaga
    PT Pertamina Hulu Rokan                            535.268                   -                      PT Pertamina Hulu Rokan
    PT Internusa Keramik Alamasri Industri             488.453               433.022       PT Internusa Keramik Alamasri Industri
    PT Indonesia Power                                 425.225                66.024                           PT Indonesia Power
    Star Energy Geothermal Salak, Ltd                  315.258                   -             Star Energy Geothermal Salak, Ltd
    PT Petrogas Jatim Utama                            287.238               348.899                    PT Petrogas Jatim Utama
    PT Petrojaya Boral Plasterboard                    274.373                   -                PT Petrojaya Boral Plasterboard
    PT Satyaraya Keramindo Indah                       273.865               302.979               PT Satyaraya Keramindo Indah
    PT Industri Keramik Angsa Daya                     243.681               489.744              PT Industri Keramik Angsa Daya
    Lain-lain (masing-masing di bawah                                                                           Others (each below
      AS$ 200.000)                                    3.239.007            2.925.086                                US$ 200,000)

      Jumlah                                        31.618.376            16.595.452                                          Total

   Dikurangi: kerugian kredit ekspektasian             (272.324)            (263.079)           Deducted by: expected credit losses

      Jumlah                                        31.346.052            16.332.373                                          Total

   Bagian tidak lancar                                                                                          Non-current portion
    PT Kedaung Oriental Porcelain Industry              488.757                   -         PT Kedaung Oriental Porcelain Industry
    PT Internusa Keramik Alamasri Industri              488.453                   -         PT Internusa Keramik Alamasri Industri
    Dikurangi: kerugian kredit ekspektasian            (169.561)                  -            Deducted by: expected credit losses

      Jumlah bagian tidak lancar                       807.649                    -                      Total non-current portion

      Jumlah bagian lancar                          30.538.403            16.332.373                          Total current portion

   Rincian piutang berdasarkan jenis pendapatan adalah                   Details of trade receivables based on type of revenues are
   sebagai berikut:                                                      as follows:

                                                     2023                  2022

   Penjualan gas                                    10.937.722            13.566.827                                    Sales of gas
   Lifting minyak dan gas                           10.372.313                   -                                 Oil and gas lifting
   Operasi dan pemeliharaan                          5.717.942             1.360.590                     Operating and maintenance
   Jasa penyaluran gas                               1.844.260               916.447                               Gas toll services
   Jasa kompresi gas                                 1.586.146               416.505                      Gas compression services
   Lain - lain                                       1.159.993               335.083                                         Others

      Jumlah                                        31.618.376            16.595.452                                          Total




                                                             41
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


5. PIUTANG USAHA (Lanjutan)                                           5.    TRADE RECEIVABLES (Continued)

   Analisa umur piutang usaha adalah sebagai berikut:                       The aging of trade receivables are as follows:

                                                        2023                  2022

   Lancar                                               26.870.170           13.224.139                                         Current
   Telah jatuh tempo                                                                                                           Overdue
    1 - 30 hari                                          3.229.997            1.399.025                                    1 - 30 days
    31 - 60 hari                                            86.855            1.109.362                                   31 - 60 days
    61 - 90 hari                                            23.727               13.560                                   61 - 90 days
    Lebih dari 90 hari                                   1.407.627              849.366                             More than 90 days

      Jumlah                                            31.618.376           16.595.452                                          Total

   Mutasi kerugian kredit ekspektasian adalah sebagai berikut:              The movement of expected credit losses are as follows:

                                                        2023                  2022

   Saldo awal                                             263.079               301.865                             Beginning balance
   Tambahan penyisihan                                     17.748                24.337                            Addition of provision
   Pemulihan                                               (7.674)              (60.930)                                      Recovery
   Selisih kurs                                              (829)               (2.193)                             Foreign exchange

   Saldo akhir                                            272.324               263.079                                 Ending balance

   Pada tanggal 31 Desember 2023, piutang usaha dari                        As at December 31, 2023, trade receivables of the Group
   beberapa pelanggan milik Grup digunakan sebagai jaminan                  from several customers were pledged as collateral for loan
   untuk pinjaman dari PT Bank Mandiri (Persero) Tbk dan PT                 obtained from PT Bank Mandiri (Persero) Tbk and PT Bank
   Bank HSBC Indonesia (lihat catatan 21).                                  HSBC Indonesia (see note 21).

   Grup menerapkan penyisihan kerugian kredit ekspektasian                  The Group applies the lifetime expected credit loss ("ECL")
   ("ECL") sepanjang umurnya untuk seluruh piutang usaha.                   provision for all trade receivables. To measure the
   Untuk mengukur kerugian kredit ekspektasian, piutang                     expected credit loss, trade receivables have been grouped
   usaha telah dikelompokkan berdasarkan karakteristik risiko               based on similar credit risk characteristics and the days
   kredit dan waktu jatuh tempo yang serupa.                                past due.

   Manajemen berpendapat bahwa penyisihan ECL bernilai                      Management believes that the ECL allowance is adequate
   cukup untuk menutup kemungkinan kerugian kredit dari tidak               to cover possible credit losses from uncollectible trade
   tertagihnya piutang usaha.                                               receivables.

6. PIUTANG LAIN-LAIN                                                  6.    OTHER RECEIVABLES

                                                        2023                  2022

   Pihak ketiga                                                                                                          Third parties
    PT Kreasi Griya Nusantara                            3.461.290            3.461.290                   PT Kreasi Griya Nusantara
    PT Sumsel Energi Gemilang (Perseroda)                  677.867              664.293       PT Sumsel Energi Gemilang (Perseroda)
    PT Astana Bangun Sejahtera                             648.677                  -                   PT Astana Bangun Sejahtera
    PT Etika Dharma                                        648.677                  -                              PT Etika Dharma
    PT Truba Jaya Engineering                              486.508              476.766                  PT Truba Jaya Engineering
    PT Duanusa Sumberdaya                                  308.704              302.522                    PT Duanusa Sumberdaya
    PT Griya Energi Sejahtera                              186.819              183.078                   PT Griya Energi Sejahtera
    PT Catur Khita Persada                                     -                371.107                      PT Catur Khita Persada
    Lain-lain (masing-masing di bawah                                                                            Others (each below
      AS$ 150.000)                                        664.608               828.771                              US$ 150,000)

       Jumlah                                            7.083.150            6.287.827                                         Total

    Dikurangi penyisihan atas penurunan nilai           (3.230.920)          (2.164.867)                 Less provision for impairment

      Jumlah pihak ketiga - bersih                       3.852.230            4.122.960                       Total third parties - net

   Pihak berelasi (lihat catatan 38a)                    6.081.289              309.484                  Related parties (see note 38a)

      Jumlah piutang lain-lain                           9.933.519            4.432.444                       Total other receivables



                                                                 42
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


6. PIUTANG LAIN-LAIN (Lanjutan)                                       6.    OTHER RECEIVABLES (Continued)

   Mutasi kerugian kredit ekspektasian adalah sebagai berikut:              The movement of expected credit losses are as follows:

                                                        2023                  2022

   Saldo awal                                           2.164.867             1.649.961                             Beginning balance
   Tambahan penyisihan                                  1.537.676               567.801                            Addition of provision
   Pemulihan                                                  -                     -                                         Recovery
   Penghapusan                                           (483.350)                  -                                        Written-off
   Selisih kurs                                            11.727               (52.895)                             Foreign exchange

   Saldo akhir                                          3.230.920             2.164.867                                 Ending balance

   Grup menerapkan pendekatan individual untuk mengukur                     The Group applies the individual approach to measuring
   kerugian kredit ekspektasian ("ECL") piutang lain-lain yang              expected credit losses ("ECL") of its other receivables
   menggunakan pertimbangan berdasarkan fakta dan kondisi                   which uses judgement based on relevant facts and
   yang relevan, yang meliputi namun tidak terbatas pada,                   circumstances, including, but not limited to, the length of
   jangka waktu hubungan Grup dengan lawan transaksi, dan                   the Group’s relationship with the counterparty and the
   estimasi periode pelunasan.                                              estimated repayment period.

   Manajemen berpendapat bahwa penyisihan ECL bernilai                      Management believes that the ECL allowance is adequate
   cukup untuk menutup kemungkinan kerugian kredit dari tidak               to cover possible credit losses from uncollectible other
   tertagihnya piutang lain-lain tersebut.                                  receivables.

7. PERSEDIAAN                                                         7.    INVENTORIES

                                                        2023                  2022

   Suku cadang                                            694.133               753.355                                      Spare part

      Jumlah                                              694.133               753.355                                        Total

   Berdasarkan penelaahan terhadap persediaan pada akhir                    Based on review of the inventory at the end of the year, the
   tahun, manajemen Grup berpendapat bahwa seluruh                          Group's management believes that the entire inventory is in
   persediaan dalam kondisi baik sehingga tidak diperlukan                  good condition so no provision for impairment of
   penyisihan penurunan nilai persediaan.                                   inventories.

8. UANG MUKA DAN BEBAN DIBAYAR DI MUKA                                8.    ADVANCES AND PREPAID EXPENSES

                                                        2023                  2022

   Asuransi                                               181.392               178.876                                      Insurance
   Sewa                                                    92.064                20.783                                            Rent
   Operasional                                             15.931                72.001                                     Operational
   Sertifikasi                                             13.336                39.779                                    Certification
   Uang muka transportasi gas                                 -                 459.280                  Advance for gas transportation
   Lain-lain                                               50.876                35.166                                          Others

      Jumlah                                              353.599               805.885                                        Total




                                                                 43
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


8. UANG MUKA DAN BEBAN DIBAYAR DI MUKA (Lanjutan)                      8.    ADVANCES AND PREPAID EXPENSES (Continued)

   Uang muka transportasi gas                                                Advance for gas transportation

   Uang muka transportasi gas merupakan pembayaran                           Advance for gas transportation represent payments related
   berkaitan dengan aktualisasi transportasi gas milik EHK oleh              to the actualization of gas transportation of EHK by PT
   PT Transportasi Gas Indonesia (“TGI”) pada tahun 2017 dan                 Transportasi Gas Indonesia (“TGI”) in 2017 and 2018 which
   2018 yang lebih rendah dari kuantitas minimal Ship or Pay                 is lower than annual minimum quantity of Ship or Pay
   ("SoP") tahunan sesuai dengan Perjanjian Transportasi Gas                 ("SoP") in accordance with the Gas Transportation
   Grissik - Tempino Kecil dengan jumlah masing-masing                       Agreement at Grissik - Tempino Kecil, amounting to US$
   sebesar AS$ 2.614.750 dan AS$ 3.834.010, yang telah                       2,614,750 and US$ 3,834,010, respectively, which was
   dibayar oleh EHK masing-masing pada tahun 2018 dan                        paid by EHK in 2018 and 2019. According to the
   2019. Sesuai perjanjian, SoP tersebut dikategorikan sebagai               agreement, the SoP is categorized as Make-Up for gas
   Make-Up transportasi gas untuk 5 (lima) tahun kedepan                     transportation for 5 (five) next year since the deficiency
   sejak volume defisiensi tersebut diakui yaitu sampai dengan               volume is recognized, which is until 2023. The make-up
   tahun 2023. Make-up gas tersebut dapat digunakan dengan                   gas can be used with the term of minimum quantity of the
   syarat kuantitas minimal perjanjian SoP tahunan telah                     annual SoP agreement has been fulfilled in advance in the
   dipenuhi terlebih dahulu pada tahun Make-Up gas tersebut                  year the Make-up gas will be used.
   akan digunakan.

   Sampai dengan 31 Desember 2023, uang muka yang telah                      As at December 31, 2023, advances that have been
   direalisasikan sebesar AS$ 459.280 (2022: AS$ 5.989.480).                 realized amounting to US$ 459,280 (2022: US$ 5,989,480).
   Uang muka transportasi gas tersebut telah direalisasikan                  The advance for gas transportation was fully utilized in the
   seluruhnya pada tahun 2023.                                               year 2023.

   Sertifikasi                                                               Certification

   Biaya dibayar dimuka atas Sertifikasi Kelayakan                           Certification of Inspection ("SKPP") is a fee for the
   Penggunaan Peralatan ("SKPP") merupakan biaya untuk                       maintenance of gas distribution equipment certification
   pengurusan sertifikasi peralatan penyaluran gas yang                      issued by the Directorate General of Oil and Gas.
   dikeluarkan oleh Direktorat Jendral Minyak dan Gas.

9. INVESTASI PADA ENTITAS ASOSIASI                                     9.    INVESTMENT IN ASSOCIATES

                                                       2023                    2022

   PT Petrogas Jatim Utama Cendana ("PJUC")             9.844.944             11.918.250 PT Petrogas Jatim Utama Cendana ("PJUC")
   PT Banggai Ammonia Indonesia ("BAI")                    64.033                 64.033     PT Banggai Ammonia Indonesia ("BAI")
   PT Makassar Gas Energy                                   7.979                  7.979                   PT Makassar Gas Energy
   Dikurangi penyisihan atas penurunan nilai               (7.979)                (7.979)              Less provision for impairment

      Jumlah                                            9.908.977             11.982.283                                         Total

   PT Petrogas Jatim Utama Cendana ("PJUC")                                  PT Petrogas Jatim Utama Cendana ("PJUC")

   Investasi pada PJUC merupakan investasi melalui entitas                   Investment in PJUC represents investment through
   anak REC dengan kepemilikan sebesar 49,00% atau                           subsidiary of REC with ownership of 49.00% or 245 shares.
   sebanyak 245 saham. PJUC merupakan perusahaan yang                        PJUC is a company that was established on March 14,
   berdiri pada tanggal 14 Maret 2007, berdomisili di Surabaya               2007, domiciled at Surabaya and engaged in oil and gas
   dan bergerak di bidang pertambangan minyak dan gas, yang                  mining, which has been owned by REC since July 9, 2007.
   dimiliki oleh REC sejak tanggal 9 Juli 2007.




                                                                  44
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


9. INVESTASI PADA ENTITAS ASOSIASI (Lanjutan)                         9.    INVESTMENT IN ASSOCIATES (Continued)

   PT Petrogas Jatim Utama Cendana ("PJUC") (Lanjutan)                      PT Petrogas Jatim Utama Cendana ("PJUC") (Continued)

   Rekonsiliasi dari ringkasan informasi keuangan yang                      Reconciliation of the summarised financial information
   disajikan terhadap nilai buku dari kepentingan Grup dalam                presented to the carrying amount of the Group’s interest in
   investasi pada PJUC adalah sebagai berikut:                              the investment in PJUC is as follows:

                                                      2023                    2022

   Nilai buku di awal tahun                          11.918.250              12.202.548    Carrying amount at the beginning of the year
   Penerimaan dividen                                (9.550.143)             (7.297.517)                             Dividend received
   Bagian laba di tahun berjalan                      7.479.071               6.960.148                     Share of profit for the year
   Bagian penghasilan/(rugi) komprehensif                                                               Share of other comprehensive
    lainnya di tahun berjalan                               (2.234)              53.071                    income/(loss) for the year

      Jumlah                                          9.844.944              11.918.250                                         Total

   Ringkasan informasi keuangan entitas asosiasi PJUC adalah                The details of financial information of PJUC, associate, is
   sebagai berikut:                                                         as follows:

                                                      2023                    2022

   Laporan posisi keuangan                                                                                Statement of financial position
    Jumlah aset                                      24.583.388              28.457.700                                    Total assets
    Jumlah liabilitas                                 4.491.666               4.134.742                                  Total liabilities
    Jumlah aset bersih/ekuitas                       20.091.722              24.322.958                        Total net assets/equity

   Laporan laba rugi                                                                                         Statement of profit or loss
    Jumlah pendapatan                                28.927.077              34.596.969                                Total revenue
    Laba tahun berjalan                              15.263.411              14.204.383                             Profit for the year
    Laba/(rugi) komprehensif lain                        (4.559)                108.308            Other comprehensive income/(loss)
    Laba komprehensif tahun berjalan                 15.258.852              14.312.691       Total comprehensive income for the year

   PJUC merupakan perusahaan yang tidak terdaftar di bursa                  PJUC is an non-listed company and there is no quoted
   dan tidak terdapat harga pasar yang dikutip yang tersedia                market price available for the PJUC shares.
   untuk saham PJUC.

   Berdasarkan penelaahan manajemen pada akhir tahun,                       Based on the management review at the end of the year,
   tidak terdapat bukti obyektif bahwa investasi pada entitas               there is no objective evidence indicating an impairment of
   asosiasi PJUC mengalami penurunan nilai sehingga                         the investment in associate of PJUC, hence management
   manajemen tidak melakukan penyisihan penurunan nilai.                    did not make any allowance for the impairment.

   PT Banggai Ammonia Indonesia ("BAI")                                     PT Banggai Ammonia Indonesia ("BAI")

   Pada tanggal 11 Oktober 2022, Perusahaan dan PT Gavi                     On October 11, 2022, the Company and PT Gavi Sejahtera
   Sejahtera Nusantara, pihak ketiga, mendirikan satu entitas               Nusantara, a third party, established an entity named PT
   bernama PT Banggai Ammonia Indonesia dengan                              Banggai Ammonia Indonesia with the Company's
   kepemilikan Perusahaan di BAI sebesar 40,00%. BAI                        ownership in BAI of 40.00%. BAI was established with the
   didirikan dengan tujuan berusaha dibidang eksplorasi,                    purpose of doing business in the fields of exploration,
   penambangan dan produksi, perindustrian dan perdagangan                  mining and production, industry and general trading. Until
   umum. Sampai 31 Desember 2023, BAI belum memiliki                        December 31, 2023, BAI has not engaged in any activities.
   aktivitas apapun.

   BAI merupakan perusahaan yang tidak terdaftar di bursa                   BAI is an non-listed company and there is no quoted
   dan tidak terdapat harga pasar yang dikutip yang tersedia                market price available for the BAI shares.
   untuk saham BAI.




                                                                45
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


10. ASET TETAP                                                         10. FIXED ASSETS

   Rincian mutasi aset tetap Grup adalah sebagai berikut:                    The details of movement of the Group's fixed assets are as
                                                                             follows:

                                                                 2023
                                Saldo awal/                                                        Saldo akhir/
                                Beginning      Penambahan/     Pengurangan/      Reklasifikasi/      Ending
                                 balance         Additions      Deductions      Reclassification    balance

   Biaya perolehan                                                                                                                Acquisition cost
     Tanah                        8.747.612        853.068              -           1.397.115       10.997.795                             Lands
     Bangunan dan prasarana       7.491.467      1.584.740              -           1.384.001       10.460.208     Buildings and infrastructures
     Jaringan pipa dan tabung                                                                                                  Pipeline and gas
      gas                        95.052.958        493.274              -          18.136.912      113.683.144                         cylinder
     Jaringan pipa kerja sama                                                                                                      Pipeline joint
      operasi                    72.826.284     11.403.078              -                 -         84.229.362                      operations
     Kompresor gas               16.327.838            -                -                 -         16.327.838                 Gas compressor
     Fasilitas LPG                2.923.615         74.690              -                 -          2.998.305                     LPG facilities
     Mesin dan peralatan          7.712.258      1.588.079         (693.845)        2.622.504       11.228.996     Machineries and equipments
     Peralatan kantor             2.043.681          9.476              -              90.723        2.143.880               Office equipments
     Kendaraan                    3.100.200      1.840.823         (333.336)              -          4.607.687                          Vehicles
     Aset dalam penyelesaian      4.692.421     23.105.510              -         (23.631.255)       4.166.676         Construction in progress

                                220.918.334     40.952.738       (1.027.181)               -       260.843.891

   Akumulasi penyusutan                                                                                                Accumulated depreciation
    Bangunan dan prasarana       (1.820.060)      (538.361)             -                  -         (2.358.421)   Buildings and infrastructures
    Jaringan pipa dan tabung                                                                                                   Pipeline and gas
      gas                       (58.812.199)     (4.584.425)            -                  -       (63.396.624)                        cylinder
    Jaringan pipa kerja sama                                                                                                       Pipeline joint
      operasi                      (325.117)     (4.512.923)           -                   -        (4.838.040)                     operations
    Kompresor gas               (11.117.124)     (1.031.411)           -                   -       (12.148.535)                Gas compressor
    Fasilitas LPG                  (789.779)       (734.017)           -                   -        (1.523.796)                    LPG facilities
    Mesin dan peralatan          (1.875.941)       (807.130)       204.088                 -        (2.478.983)    Machineries and equipments
    Peralatan kantor             (1.451.794)       (175.818)           -                   -        (1.627.612)              Office equipments
    Kendaraan                    (1.204.209)       (460.777)       256.831                 -        (1.408.155)                         Vehicles

                                (77.396.223)    (12.844.862)       460.919                 -       (89.780.166)

   Penurunan nilai                                                                                                                   Impairment
    Mesin dan peralatan            (129.512)           507              -                  -           (129.005)   Machineries and equipments

                                (77.525.735)    (12.844.355)       460.919                 -       (89.909.171)

       Nilai Buku               143.392.599                                                        170.934.720                   Book value




                                                                  46
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                             PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                     STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                               As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                        then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                      (Expressed in full US Dollar amount, unless otherwise stated)


10. ASET TETAP (Lanjutan)                                                10. FIXED ASSETS (Continued)

   Rincian mutasi aset tetap Grup adalah sebagai berikut                        The details of movement of the Group's fixed assets are as
   (Lanjutan):                                                                  follows (Continued):

                                                                   2022
                                Saldo awal/                                                           Saldo akhir/
                                Beginning      Penambahan/     Pengurangan/         Reklasifikasi/      Ending
                                 balance         Additions      Deductions         Reclassification    balance

   Biaya perolehan                                                                                                                   Acquisition cost
     Tanah                        5.930.918            -                   -           2.816.694        8.747.612                             Lands
     Bangunan dan prasarana       6.134.502        173.915             (93.711)        1.276.761        7.491.467     Buildings and infrastructures
     Jaringan pipa dan tabung                                                                                                     Pipeline and gas
      gas                        93.194.631             -                  -           1.858.327       95.052.958                         cylinder
     Jaringan pipa kerja sama                                                                                                         Pipeline joint
      operasi                           -              -                -             72.826.284       72.826.284                      operations
     Kompresor gas               13.930.747        538.222              -              1.858.869       16.327.838                 Gas compressor
     Fasilitas LPG                2.914.237          9.378              -                    -          2.923.615                     LPG facilities
     Mesin dan peralatan          3.425.116      1.511.351         (151.740)           2.927.531        7.712.258     Machineries and equipments
     Peralatan kantor             1.671.698        403.210          (31.227)                 -          2.043.681               Office equipments
     Kendaraan                    2.452.807        971.839         (324.446)                 -          3.100.200                          Vehicles
     Aset dalam penyelesaian     65.224.554     23.032.333              -            (83.564.466)       4.692.421         Construction in progress

                                194.879.210     26.640.248         (601.124)                  -       220.918.334

   Akumulasi penyusutan                                                                                                   Accumulated depreciation
    Bangunan dan prasarana       (1.414.759)      (448.255)             42.954                -         (1.820.060)   Buildings and infrastructures
    Jaringan pipa dan tabung                                                                                                      Pipeline and gas
      gas                       (54.428.648)     (4.383.551)               -                  -       (58.812.199)                        cylinder
    Jaringan pipa kerja sama                                                                                                          Pipeline joint
      operasi                           -          (325.117)            -                     -          (325.117)                     operations
    Kompresor gas               (10.085.713)     (1.031.411)            -                     -       (11.117.124)                Gas compressor
    Fasilitas LPG                   (60.713)       (729.066)            -                     -          (789.779)                    LPG facilities
    Mesin dan peralatan          (1.354.377)       (675.533)        153.969                   -        (1.875.941)    Machineries and equipments
    Peralatan kantor             (1.328.030)       (152.943)         29.179                   -        (1.451.794)              Office equipments
    Kendaraan                    (1.164.532)       (331.989)        292.312                   -        (1.204.209)                         Vehicles

                                (69.836.772)     (8.077.865)        518.414                   -       (77.396.223)

   Penurunan nilai                                                                                                                      Impairment
    Mesin dan peralatan            (129.512)            -                  -                  -           (129.512)   Machineries and equipments

                                (69.966.284)     (8.077.865)        518.414                   -       (77.525.735)

       Nilai Buku               124.912.926                                                           143.392.599                   Book value


   Beban penyusutan aset tetap dialokasikan pada:                               Depreciation expenses of fixed assets are allocated to:

                                                            2023                  2022

    Beban pokok pendapatan (lihat catatan 31)           11.974.879                7.248.782                  Cost of revenue (see note 31)
    Beban umum dan administrasi                                                                        General and administrative expenses
     (lihat catatan 32)                                      611.739                512.415                                 (see note 32)
    Beban lain-lain (lihat catatan 34)                       258.244                316.668                  Other expenses (see note 34)

      Jumlah                                            12.844.862                8.077.865                                             Total




                                                                   47
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                          As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                   then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                 (Expressed in full US Dollar amount, unless otherwise stated)


10. ASET TETAP (Lanjutan)                                             10. FIXED ASSETS (Continued)

   Rincian aset dalam penyelesaian per 31 Desember 2023                      The details of construction in progress as at December 31,
   adalah sebagai berikut:                                                   2023 are as follows:

                                         Persentase          Akumulasi               Estimasi waktu
                                        penyelesaian/          biaya/                 penyelesaian/
                                        Percentage of       Accumulated              Estimated date
   Jenis aset                            completion            costs                  of completion                          Type of assets
   Bangunan                              75% - 85 %                164.274          Akhir/End of 2024                               Buildings
   Jaringan dan instalasi pipa           20% - 45 %              3.929.879         Awal/Early of 2025              Pipeline and installation
   Fasilitas dan infrastruktur           25% - 45 %                 34.824          Akhir/End of 2024            Facility and infrastructures
   Mesin dan peralatan                   5% - 10 %                  37.699         Tengah/Mid of 2024           Machineries and equipment

      Jumlah                                                     4.166.676                                                         Total

   Perusahaan dan PT Pertamina Gas ("Pertagas")                              The Company and PT Pertamina Gas ("Pertagas") entered
   mengadakan perjanjian Kerja Sama Operasi ("KSO") melalui                  into a KSO agreement through a non-administrative KSO
   skema KSO non-administrasi dalam pembangunan,                             scheme in construction, operation and maintenance of
   pengoperasian dan pemeliharaan bersama pada Proyek                        Rokan Pipeline Project located in Rokan-Riau (see note
   Pipa Rokan yang berlokasi di Rokan-Riau (lihat catatan 1d).               1d).

   Kapitalisasi biaya pinjaman terkait Proyek Pipa Rokan                     Capitalization of borrowing costs related to Rokan Pipeline
   sebesar AS$ 7.879.050 dan biaya yang dapat diatribusikan                  Project are amounting to US$ 7,879,050 and other
   lainnya sebesar AS$ 2.342.892.                                            attributable costs amounting to US$ 2,342,892.

   Kapitalisasi biaya yang berasal dari pencadangan liabilitas               Capitalization of provision for assets dismantling obligation
   pembongkaran aset terkait Proyek Pipa Rokan adalah                        related to Rokan Pipeline Project are amounting to US$
   sebesar AS$ 7.819.756 (lihat catatan 23).                                 7,819,756 (see note 23).

   Pelepasan aset tetap untuk tahun yang berakhir pada 31                    Disposals of fixed assets for the years ended December
   Desember 2023 dan 2022 adalah sebagai berikut:                            31, 2023 and 2022 were as follows:

                                                        2023                  2022

   Biaya perolehan                                      1.027.181               601.124                                Acquisition cost
   Akumulasi penyusutan                                  (460.919)             (518.414)                       Accumulated depreciation

   Nilai buku aset tetap yang dilepas                    566.262                 82.710           Book value of disposed of fixed assets
   Kas yang diterima dari pelepasan aset tetap           609.618                 36.573          Proceeds from disposals of fixed assets
   Laba/(rugi) atas pelepasan aset tetap                                                         Gain/(loss) on disposals of fixed assets
    (lihat catatan 33 dan 34)                             43.356                 (46.137)                        (see notes 33 and 34)

   Per 31 Desember 2023, aset tetap tertentu telah digunakan                 As at December 31, 2023, certain fixed assets have been
   sebagai jaminan secara fidusia atas fasilitas pinjaman yang               used as fiduciary collateral for the loan facility received
   diterima dari PT Bank Mandiri (Persero) Tbk dan PT Bank                   from PT Bank Mandiri (Persero) and PT Bank HSBC
   HSBC Indonesia (lihat catatan 21). Beberapa unit kendaraan                Indonesia (see note 21). Certain unit vehicles are pledged
   dijadikan jaminan atas fasilitas pinjaman pembiayaan                      as security for consumer financing loans (see note 22).
   konsumen (lihat catatan 22).

   Per 31 Desember 2023 dan 2022, semua aset tetap kecuali                   As at December 31, 2023 and 2022, all of fixed assets
   tanah telah diasuransikan semua jenis resiko dan gempa                    except land were insured against losses from earthquake
   bumi dengan nilai seluruh pertanggungan sebesar masing-                   and property all risks with total sum insured amounting to
   masing AS$ 64.732.831 dan AS$ 64.180.408. Manajemen                       US$ 64,732,831 and US$ 64,180,408, respetively.
   berpendapat bahwa nilai pertanggungan tersebut cukup                      Management believes that the insurance coverage is
   untuk menutup kemungkinan kerugian atas aset tetap yang                   adequate to cover possible losses on the fixed assets
   dipertanggungkan.                                                         insured.

   Grup menilai dan melakukan pengujian penurunan nilai atas                 The Group assessed and performed impairment testing for
   aset tetap sebagai bagian dari pengujian penurunan nilai                  property and equipment as part of impairment testing for
   untuk aset non-keuangan. Manajemen berkeyakinan bahwa                     non-financial assets. Management believes that the
   cadangan kerugian penurunan nilai dinilai cukup untuk                     provision for impairment losses is adequate to cover any
   menutupi adanya kerugian penurunan nilai buku aset tetap                  losses from the impairment of the carrying amounts of fixed
   pada tanggal 31 Desember 2023 dan 2022.                                   assets as at December 31, 2023 and 2022.



                                                                 48
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


11. SEWA                                                             11. LEASES

   a. Aset hak guna                                                     a. Right of use assets

      Rincian aset hak guna adalah sebagai berikut:                        The details of right of use assets are as follows:

                                                              2023
                                   Saldo awal/                                        Saldo akhir/
                                   Beginning      Penambahan/        Pengurangan/       Ending
                                    balance         Additions         Deductions       balance

       Biaya perolehan                                                                                               Acquisition cost
        Tanah                        3.831.292           19.470         (186.636)       3.664.126                             Lands
        Bangunan                       300.824           24.079         (197.709)         127.194                        Buildings
        Peralatan                      271.706              -                -            271.706                      Equipments

                                     4.403.822           43.549         (384.345)       4.063.026

       Akumulasi penyusutan                                                                               Accumulated depreciation
        Tanah                       (2.090.215)        (944.898)         186.636       (2.848.477)                        Lands
        Bangunan                      (235.999)         (59.177)         197.709          (97.467)                     Buildings
        Peralatan                     (268.791)          (1.325)             -           (270.116)                   Equipments

                                    (2.595.005)       (1.005.400)        384.345       (3.216.060)

         Nilai buku                  1.808.817                                            846.966                        Book value

                                                              2022
                                   Saldo awal/                                        Saldo akhir/
                                   Beginning      Penambahan/        Pengurangan/       Ending
                                    balance         Additions         Deductions       balance

       Biaya perolehan                                                                                               Acquisition cost
        Tanah                        3.404.457          426.835               -         3.831.292                             Lands
        Bangunan                       331.910              -             (31.086)        300.824                        Buildings
        Peralatan                      271.706              -                 -           271.706                      Equipments

                                     4.008.073          426.835           (31.086)      4.403.822

       Akumulasi penyusutan                                                                               Accumulated depreciation
        Tanah                       (1.173.120)        (917.095)             -         (2.090.215)                        Lands
        Bangunan                      (134.074)        (133.011)          31.086         (235.999)                     Buildings
        Peralatan                     (265.611)          (3.180)             -           (268.791)                   Equipments

                                    (1.572.805)       (1.053.286)         31.086       (2.595.005)

         Nilai buku                  2.435.268                                          1.808.817                        Book value

      Beban penyusutan aset hak guna dialokasikan pada:                    Depreciation expenses of right of use assets are
                                                                           allocated to:

                                                       2023               2022

      Beban pokok pendapatan (lihat catatan 31)           973.846           996.314                Cost of revenue (see note 31)
      Beban umum dan administrasi                                                            General and administrative expenses
       (lihat catatan 32)                                  31.554            56.972                               (see note 32)

       Jumlah                                           1.005.400         1.053.286                                             Total




                                                                49
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                  PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                          STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                    As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                             then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)           (Expressed in full US Dollar amount, unless otherwise stated)


11. SEWA (Lanjutan)                                                11. LEASES (Continued)

   b. Liabilitas sewa                                                 b. Lease liabilities

                                                     2023              2022

      Pihak ketiga                                                                                                     Third parties
       PT Krakatau Steel (Persero) Tbk                 181.487           269.677                 PT Krakatau Steel (Persero) Tbk
       PT Kereta Api Indonesia (Persero)               141.092           191.014               PT Kereta Api Indonesia (Persero)
       PT Bekasi Fajar Industrial Estate Tbk            80.986           118.074             PT Bekasi Fajar Industrial Estate Tbk
       Lain-lain                                        40.183            85.027                                            Others

          Jumlah                                       443.748           663.792                                             Total

      Rincian pembayaran sewa berdasarkan perjanjian sewa                The detail of lease liabilities based on the lease
      adalah sebagai berikut:                                            agreements are as follows:

                                                     2023              2022

      Jatuh tempo dalam:                                                                                              Mature within:
       1 (satu) tahun                                  229.588           352.097                                      1 (one) year
       2 (dua) tahun                                   185.119           128.492                                       2 (two) year
       3 (tiga) tahun                                   47.142           189.368                                     3 (three) year
       Lebih dari 3 (tiga) tahun                           -              47.142                           More than 3 (three) year

       Pembayaran sewa masa datang                     461.849           717.099                              Future lease payment

      Dikurangi beban keuangan masa datang              (18.101)          (53.307)                 Deducted by future finance costs

      Jumlah nilai kini liabilitas sewa                443.748           663.792               Total present value of lease liabilities

      Bagian jangka pendek                             216.661           323.771                                      Current portion

      Bagian jangka panjang                            227.087           340.021                                  Non-current portion

   Laporan laba rugi konsolidasian menyajikan saldo berikut           The consolidated statements of profit or loss show the
   berkaitan dengan sewa:                                             following amounts related to leases:

                                                     2023              2022

   Beban terkait sewa jangka pendek, aset                                                    Expenses relating to short-term leases,
    bernilai rendah dan sewa variable                 1.563.000        1.241.886              low-value assets and variable leases

   Jumlah yang terkait dengan sewa jangka pendek, sewa atas           Amounts related to short-term leases, leases of low-value
   aset bernilai rendah, dan sewa variabel tidak dimasukkan           assets and variable leases are not required to be included
   sebagai liabilitas sewa berdasarkan sifatnya sebagaimana           as lease liabilities based on their nature as discussed in
   dibahas pada catatan 2l.                                           note 2l.

   Grup menandatangani beberapa perjanjian sewa yang                  The Group entered into several lease agreements which
   sebagian besar berkaitan dengan sewa tanah, bangunan               are mainly related to rental of land, buildings dan
   dan peralatan. Perjanjian sewa biasanya memiliki periode           equipments. Rental agreements are typically made for fixed
   tetap dari 1 (satu) sampai dengan 5 (lima) tahun, tetapi           periods of 1 (one) to 5 (five) years but may have extension
   dapat memiliki opsi perpanjangan seperti yang dijelaskan           options as described in notes 2l and 3. Lease terms are
   pada catatan 2l dan 3. Ketentuan sewa dinegosiasikan               negotiated on an individual basis and contain a wide range
   secara individu dan mengandung syarat dan ketentuan yang           of different terms and conditions. The lease agreements do
   berbeda. Perjanjian sewa tidak memberikan persyaratan              not impose any covenants, but leased assets may not be
   apapun, tetapi aset yang disewakan tidak dapat digunakan           used as security for borrowing purposes.
   sebagai jaminan atas pinjaman.




                                                              50
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                          As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                   then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                 (Expressed in full US Dollar amount, unless otherwise stated)


11. SEWA (Lanjutan)                                                     11. LEASES (Continued)

   Perjanjian sewa tanah Grup yang signifikan adalah dengan                The Group’s significant land rental agreements were with
   PT Pertamina Gas, PT Bekasi Fajar Industrial Estate Tbk,                PT Pertamina Gas, PT Bekasi Fajar Industrial Estate Tbk,
   PT Jababeka Infrastruktur, PT Krakatau Steel (Persero) Tbk,             PT Jababeka Infrastruktur, PT Krakatau Steel (Persero)
   PT Perusahaan Umum Jasa Tirta II, PT Margabumi                          Tbk, PT Perusahaan Umum Jasa Tirta II, PT Margabumi
   Matraraya, Tn. M Solikin, Bendahara UPP Rembang, dan PT                 Matraraya, Mr. M Solikin, Bendahara UPP Rembang and
   Rembang Bangkit Sejahtera Jaya (pihak ketiga). Perjanjian               PT Rembang Bangkit Sejahtera Jaya (third parties). Group
   sewa bangunan Grup yang signifikan adalah dengan Ny.                    significant building rental agreements were with Mrs.
   Augustianne Marbun (pihak ketiga).                                      Augustianne Marbun (third party).

12. ASET TAKBERWUJUD                                                    12. INTANGIBLE ASSETS

                                                                   2023
                                   Saldo awal/                                           Saldo akhir/
                                   Beginning       Penambahan/          Pengurangan/       Ending
                                    balance          Additions           Deductions       balance

   Biaya perolehan                                                                                                    Acquisition cost
    Perangkat lunak                    711.917            41.862                 -           753.779                       Software
    Hak konsesi                      1.131.315               -                   -         1.131.315               Concession rights

                                     1.843.232            41.862                 -         1.885.094

   Akumulasi amortisasi                                                                                      Accumulated amortization
    Perangkat lunak                   (495.634)          (77.428)                -          (573.062)                     Software
    Hak konsesi                       (101.099)          (42.926)                -          (144.025)             Concession rights

                                      (596.733)         (120.354)                -          (717.087)
      Nilai Buku                     1.246.499                                             1.168.007                     Book value

                                                                   2022
                                   Saldo awal/                                           Saldo akhir/
                                   Beginning       Penambahan/          Pengurangan/       Ending
                                    balance          Additions           Deductions       balance

   Biaya perolehan                                                                                                    Acquisition cost
    Perangkat lunak                    532.032           179.885                 -           711.917                       Software
    Hak konsesi                        869.684           261.631                 -         1.131.315               Concession rights

                                     1.401.716           441.516                 -         1.843.232

   Akumulasi amortisasi                                                                                      Accumulated amortization
    Perangkat lunak                   (365.911)         (129.723)                -          (495.634)                     Software
    Hak konsesi                        (52.101)          (48.998)                -          (101.099)             Concession rights

                                      (418.012)         (178.721)                -          (596.733)

       Nilai Buku                      983.704                                             1.246.499                     Book value

   Pada tanggal 8 Desember 2020, BDP, entitas anak dan PT                  On December 8, 2020, BDP, a subsidiary, and PT Perdana
   Perdana Multiguna Sarana Bandung Barat ("PMgS"), pihak                  Multiguna Sarana Bandung Barat ("PMgS"), a third party,
   ketiga, mengadakan perjanjian kerja sama proyek                         entered into a water distribution project cooperation
   penyaluran air guna memenuhi kebutuhan pengadaan air                    agreement to meet the needs of clean water supply (see
   bersih (lihat catatan 39) dengan nilai investasi dalam bentuk           note 39) with an investment value in the form of concession
   aset hak konsesi sebesar Rp 12.302.543.062 atau setara                  rights amounting to Rp 12,302,543,062 or equivalent to
   dengan AS$ 869.684 yang diamortisasi selama 20 tahun.                   US$ 869,684 and amortized over 20 years.

   Berdasarkan Perjanjian Pengalihan Hak dan Kewajiban                     Based on the Agreement on the Transfer of Rights and
   tanggal 24 Oktober 2022 PMgS mengalihkan seluruh hak                    Obligations dated October 24, 2022, PMgS transferred all
   dan kewajiban kepada Perumda Air Minum Tirta Wibawa                     rights and obligations to the Perumda Air Minum Tirta
   Mukti ("PDAM-TW") (lihat catatan 39).                                   Wibawa Mukti ("PDAM-TW") (see note 39).




                                                                   51
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


12. ASET TAKBERWUJUD (Lanjutan)                                      12. INTANGIBLE ASSETS (Continued)

   Pada tanggal 28 Desember 2022, BDP dan PDAM-TW,                      On December 28, 2022, BDP and PDAM-TW, third parties,
   pihak    ketiga,    mengadakan         kesepakatan   untuk           entered into an agreement to restructure trade receivables
   merestrukturisasi piutang usaha senilai Rp 4.096.887.910             amounted of Rp 4,096,887,910 equivalent to US$ 261,631
   setara dengan AS$ 261.631 yang di konversi menjadi aset              which was converted into concession rights assets and
   hak konsesi dan merubah masa amortisasi aset hak konsesi             changed the amortization period for concession rights
   yang sebelumnya jangka waktu 20 tahun menjadi selama 25              assets from the previous term 20 years to 25 years which
   tahun yang akan jatuh tempo pada tanggal 20 Februari                 will due date on February 20, 2046, following the
   2046, mengikuti perjanjian restrukturisasi tersebut.                 restructuring agreement.

13. PROPERTI MINYAK DAN GAS                                          13. OIL AND GAS PROPERTIES

                                                                2023
                                    Saldo awal/                                       Saldo akhir/
                                    Beginning      Penambahan/       Pengurangan/       Ending
                                     balance         Additions        Deductions       balance
   Blok Jabung                                                                                                       Jabung block
    Biaya perolehan                            -    26.500.000                -        26.500.000                Acquisition cost
    Akumulasi deplesi                          -    (2.665.181)               -        (2.665.181)          Accumulated depletion
      Nilai buku                               -    23.834.819                -        23.834.819                     Book value

   Beban deplesi properti minyak dan gas dialokasikan pada              Depletion expenses of oil and gas properties are allocated
   beban pokok pendapatan (lihat catatan 31).                           to cost of revenue (see note 31).

14. ASET TIDAK LANCAR LAIN-LAIN                                      14. OTHER NON-CURRENT ASSETS

                                                       2023               2022
   Aset program                                                                                                        Plan assets
    Karyawan (lihat catatan 24)                         117.499             117.034                      Employees (see note 24)
    Direksi dan komisaris (lihat catatan 25)              7.411              78.979     Directors and commissioners (see note 25)

      Jumlah aset program                               124.910             196.013                             Total plan assets
   Deposito dan kas di bank                                                                                 Restricted deposits and
    yang dibatasi penggunaannya                        8.905.966          6.830.884                                  cash in banks
   Uang muka cash call                                 1.067.258                -                             Advance for cash call
   Biaya ditangguhkan                                    264.124            129.171                                  Deferred costs
   Piutang lain-lain jangka panjang                       58.275             59.815                     Long-term other receivables
   Aset pengampunan pajak - bersih                         7.555              9.985                       Tax amnesty assets - net
   Uang muka studi kelayakan                                 -              838.392                     Advance for feasibility study
   Lain-lain                                             164.190            185.520                                           Others

      Jumlah                                          10.592.278          8.249.780                                          Total

   Deposito dan kas di bank yang dibatasi penggunaannya                 Restricted deposits and cash in banks

   Pada tanggal 31 Desember 2023, kas di bank yang dibatasi             As at December 31, 2023, restricted cash in bank
   penggunaannya merupakan rekening bank Perusahaan                     represent the Company's bank account at PT Bank Mandiri
   pada PT Bank Mandiri (Persero) Tbk sebesar AS$ 6.138.654             (Persero) Tbk amounting to US$ 6,138,654 (2022: US$
   (2022: AS$ 5.388.654) yang digunakan sebagai jaminan                 5,388,654) which is used as collateral for loans received by
   atas pinjaman yang diterima Perusahaan dari PT Bank                  the Company from PT Bank Mandiri (Persero) Tbk (see
   Mandiri (Persero) Tbk (lihat catatan 21).                            note 21).

   Pada tanggal 31 Desember 2023, deposito yang dibatasi                As at December 31, 2023, restricted deposits represent
   penggunaannya merupakan deposito milik EHK (entitas                  EHK's (subsidiary) deposits account at PT Bank HSBC
   anak) pada PT Bank HSBC Indonesia sebesar AS$                        Indonesia amounting to US$ 2,767,312 (2022: US$
   2.767.312 (2022: AS$ 1.442.230) yang digunakan sebagai               1,442,230) which is used as collateral for loans received by
   jaminan atas pinjaman yang diterima EHK dari PT Bank                 EHK from PT Bank HSBC Indonesia (see note 21).
   HSBC Indonesia (lihat catatan 21).




                                                                52
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


14. ASET TIDAK LANCAR LAIN-LAIN (Lanjutan)                            14. OTHER NON-CURRENT ASSETS (Continued)

   Uang muka cash call                                                   Advance for cash call

   Uang muka cash call merupakan akumulasi pembayaran                    Cash call advances are the accumulated payments for
   cash call setelah dikurangi pengeluaran yang dilakukan oleh           cash calls net of expenditure incurred by the operator of the
   operator dari kerjasama operasi Blok Rokan, dalam hal ini             Rokan Block joint operations, PT Pertamina Gas (see note
   adalah PT Pertamina Gas (lihat catatan 1d).                           1d).

   Uang muka studi kelayakan                                             Advance for feasibility study

   Pada tanggal 31 Desember 2022, uang muka studi                        As at December 31, 2022, advance for feasibility study
   kelayakan sebesar AS$ 838.392 merupakan uang muka                     amounting to US$ 838,392 represents advance for
   studi kelayakan atas potensi proyek Jabung Tengah di                  feasibility study on project potential of Jabung Tengah in
   Provinsi Riau, Jambi, dan Kepulauan Riau yang dilakukan               Provinces of Riau, Jambi and Kepulauan Riau conducted
   oleh RES bekerja sama dengan PT Cipta Niaga Gemilang                  by RES in collaboration with PT Cipta Niaga Gemilang
   sebesar AS$ 140.283 dan proyek fasilitas Petrokimia di area           amounting to US$ 140,283 and project of Petrochemical
   Bojonegoro dan Cepu yang dilakukan oleh Perusahaan                    facility in Bojonegoro and Cepu areas conducted by the
   bekerja sama dengan PT Etika Dharma Bangun Sarana                     Company in collaboration with PT Etika Dharma Bangun
   sebesar Rp 10.000.000.000 (setara AS$ 648.677 (2022: AS$              Sarana amounting to Rp 10,000,000,000 (equivalent to
   698.109)). Pada tanggal 31 Desember 2023, uang muka,                  US$ 648,677 (2022: US$ 698,109)). As at December 31,
   yang belum diterima pengembaliannya sebesar Rp                        2023, the advance payments, that have not yet refunded
   10.000.000.000 (setara AS$ 648.677), telah direklasifikasi            amounting to Rp 10,000,000,000 (equivalent to US$
   menjadi piutang lain-lain dikarenakan proyek tersebut telah           648,677, have been reclassified as other receivables due
   dibatalkan dan Perusahaan berhak untuk melakukan                      to the cancellation of the project and the Company is
   penagihan pengembalian uang muka tersebut.                            entitled to the refund of the advance payment.

15. PERPAJAKAN                                                        15. TAXATION

   a. Pajak dibayar di muka                                              a. Prepaid taxes

                                                       2023               2022

      Bagian lancar                                                                                                    Current portion
       Perusahaan                                                                                                      The Company
        Pajak pertambahan nilai - bersih               3.001.164          4.852.610                            Value added tax - net
       Entitas anak                                                                                                     Subsidiaries
        Pajak pertambahan nilai - bersih               1.132.456          1.316.925                            Value added tax - net
        Pajak penghasilan pasal 21                           889              1.537                            Income tax article 21

         Jumlah bagian lancar                          4.134.509          6.171.072                            Total current portion

      Bagian tidak lancar                                                                                           Non-current portion
       Taksiran klaim pengembalian pajak                                                                 Estimated claim for tax refund
        Perusahaan                                                                                                     The Company
         Tahun 2022                                      130.452            131.553                                Fiscal year 2022
        Entitas anak                                                                                                     Subsidiaries
         Tahun 2023                                      172.749                -                                  Fiscal year 2023
         Tahun 2022                                      100.870            129.980                                Fiscal year 2022
         Tahun 2021                                          -              296.462                                Fiscal year 2021

         Jumlah bagian tidak lancar                      404.071            557.995                        Total non current portion

         Jumlah pajak dibayar di muka                  4.538.580          6.729.067                             Total prepaid taxes




                                                                 53
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                  PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                          STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                    As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                             then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)           (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                          15. TAXATION (Continued)

   b. Utang pajak                                                     b. Taxes payable

                                                     2023              2022

      Perusahaan                                                                                                    The Company
       Pajak penghasilan pasal 21                       75.163           149.616                           Income tax article 21
       Pajak penghasilan 4(2)/23/26                     63.198            46.579                    Income tax article 4(2)/23/26
       Pajak penghasilan pasal 29                      705.355               -                             Income tax article 29
      Entitas anak                                                                                                    Subsidiaries
       Pajak pertambahan nilai - bersih                 631.926        1.147.456                           Value added tax - net
       Pajak penghasilan pasal 21                       229.928           82.114                           Income tax article 21
       Pajak penghasilan 4(2)/23/25/26                1.968.323          247.024                 Income tax article 4(2)/23/25/26
       Pajak penghasilan pasal 29                       331.335          295.147                           Income tax article 29
       Surat ketetapan dan tagihan pajak                    542              -                     Tax assessment and collection

         Jumlah                                       4.005.770        1.967.936                                           Total

   c. Pajak penghasilan badan                                         c. Corporate income tax

      Rekonsiliasi antara laba sebelum beban pajak, seperti              The reconciliation between profit before tax, as shown in
      yang tercantum dalam laba rugi dan estimasi laba kena              profit or loss and estimated taxable income is as follows:
      pajak adalah sebagai berikut:

                                                     2023              2022

      Laba sebelum pajak penghasilan                                                                    Consolidated profit before
       konsolidasian                                40.646.477        13.023.880                                     income tax
      Ditambah/(dikurangi):                                                                                 Added/(deducted) by:
       Laba sebelum pajak penghasilan                                                                   Profit before income tax
         entitas anak - bersih                      (40.494.398)      (13.064.209)                         of subsidiaries - net
       Eliminasi konsolidasian                       15.496.776        11.240.923                   Elimination for consolidation
      Laba sebelum pajak penghasilan -                                                                  Profit before income tax -
       Perusahaan                                   15.648.855        11.200.594                                   The Company
      Penyesuaian fiskal                                                                                        Fiscal adjustments
       Beda tetap                                                                                         Permanent differences
        Penyisihan/(pemulihan) penurunan                                                  Provision/(recovery) on impairment of
         nilai piutang                                1.787.243           308.001                                  receivables
        Sumbangan dan jamuan                            389.918           197.860                   Donation and entertainment
        Beban pajak                                     289.707           422.756                                 Tax expenses
        Pendapatan bunga                                (11.931)          (51.219)                              Interest income
        Pendapatan dividen dan biaya terkait        (11.221.083)      (10.394.770)       Dividends income and related expense
        Penyesuaian terkait perbedaan                                                           Adjustments related to reporting
         mata uang pelaporan pajak                    1.895.342        (5.731.454)             currency differences in taxation

         Jumlah beda tetap                           (6.870.804)      (15.248.826)                Total permanent differences

       Beda waktu                                                                                          Temporary differences
        Imbalan pasca-kerja karyawan                    (30.733)          (97.793)                   Post-employment benefits
        Penyisihan pensiun direksi dan                                                      Provision for retirement of directors
         komisaris                                      223.202           29.003                           and commissioners
        Penyusutan aset tetap                           (22.972)           1.188                   Depreciation of fixed assets
        Akrual bonus                                  1.350.000              -                                   Accrued bonus

         Jumlah beda waktu                            1.519.497           (67.602)                Total temporary differences

      Estimasi laba/(rugi fiskal) sebelum                                                   Estimated taxable income/(fiscal loss)
       kompensasi rugi fiskal tahun-tahun                                                          before tax loss carried forward
        sebelumnya - Perusahaan                                                                 from prior years - the Company
          (dipindahkan)                             10.297.548         (4.115.834)                             (carried forward)



                                                              54
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                  PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                          STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                    As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                             then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)           (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                          15. TAXATION (Continued)

   c. Pajak penghasilan badan (Lanjutan)                              c. Corporate income tax (Continued)

      Rekonsiliasi antara laba sebelum beban pajak, seperti              The reconciliation between profit before tax, as shown in
      yang tercantum dalam laba rugi dan estimasi laba kena              profit or loss and estimated taxable income is as follows:
      pajak adalah sebagai berikut: (Lanjutan)                           (Continued)

                                                     2023              2022

      Estimasi laba/(rugi fiskal) sebelum                                                   Estimated taxable income/(fiscal loss)
       kompensasi rugi fiskal tahun-tahun                                                          before tax loss carried forward
        sebelumnya - Perusahaan                                                                 from prior years - the Company
          (pindahan)                                10.297.548         (4.115.834)                             (carried forward)

      Kompensasi rugi fiskal tahun-tahun                                                          Tax losses carried forward from
      sebelumnya - Perusahaan:                                                                       prior years - the Company:
        Akumulasi rugi fiskal tahun sebelumnya                                          Accumulated tax losses from prior years
         yang dapat dikompensasi                     (9.744.023)       (6.204.852)                   that can be compansated
        Penyesuaian terkait perbedaan                                                           Adjustments related to reporting
         mata uang pelaporan pajak                     (199.116)         576.663               currency differences in taxation
        Penyesuaian terkait Surat Ketetapan                                             Adjustments related to Tax Assessment
         Pajak dan pembetulan Surat                                                      Letters and Annual Corporate Income
          Pemberitahuan Tahunan Badan                 6.017.506               -                          Tax Return correction

      Akumulasi rugi fiskal tahun-tahun                                                           Accumulated tax losses carried
       sebelumnya - bersih                           (3.925.633)       (5.628.189)                 forward from prior year - net

      Estimasi laba kena pajak/                                                                         Estimated taxable income/
       (akumulasi rugi fiskal)                                                                       (tax losses carried forward)
        tahun berjalan - Perusahaan                   6.371.915        (9.744.023)                  current year - the Company

                                                     2023              2022

      Estimasi beban pajak penghasilan kini                                                         Estimated current income tax
       Perusahaan                                    (1.401.821)              -                                  The Company
       Entitas anak                                 (10.602.854)       (2.110.483)                                 Subsidiaries

        Jumlah                                      (12.004.675)       (2.110.483)                                         Total

      Pajak penghasilan dibayar di muka                                                                        Prepaid income tax
       Perusahaan                                      696.466           131.553                                  The Company
       Entitas anak                                 10.444.268         1.945.316                                    Subsidiaries

        Jumlah                                      11.140.734         2.076.869                                           Total

      Lebih/(kurang) bayar pajak penghasilan                                                     Over/(under) payment corporate
       badan                                                                                                        income tax
        Perusahaan                                                                                              The Company
         Lebih bayar                                        -            131.553                               Overpayment
         Kurang bayar                                  (705.355)             -                                Underpayment
        Entitas anak                                                                                             Subsidiaries
         Lebih bayar                                    172.749          129.980                               Overpayment
         Kurang bayar                                  (331.335)        (295.147)                             Underpayment

         Jumlah                                        (863.941)         (33.614)                                        Total




                                                              55
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                             PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                     STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                               As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                        then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                      (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                                    15. TAXATION (Continued)

   c. Pajak penghasilan badan (Lanjutan)                                           c. Corporate income tax (Continued)

      Pada tanggal 31 Desember 2023, Entitas anak Grup                               As at December 31, 2023, Subsidiaries of the Group
      memiliki rugi pajak yang dapat digunakan sebagai                               had tax losses that can be used as deductions from
      pengurang dari penghasilan kena pajak masa depan.                              future taxable income. The Company has no tax losses.
      Perusahaan tidak memiliki rugi pajak.

      Rugi fiskal dapat dikompensasikan dengan laba fiskal                           The tax losses can be utilised against the taxable
      pada masa lima tahun mendatang sejak kerugian fiskal                           income for a period of five years subsequent to the year
      terjadi. Grup memperkirakan bahwa akumulasi kerugian                           the tax loss was incurred. The Group believes that it is
      fiskal tersebut tidak dapat dikompensasikan dengan laba                        not probable that future taxable profits will be available
      fiskal di masa mendatang.                                                      to utilise accumulated tax losses before their expiry.

      Pelaporan pajak penghasilan badan Grup menggunakan                             The Group's corporate income taxes are reported using
      mata uang Rupiah, kecuali untuk entitas anak REC yang                          Rupiah, except for a subsidiary of REC which uses US
      menggunakan mata uang Dolar AS.                                                Dollar currency.

      Menurut ketentuan perpajakan yang berlaku, liabilitas                          According to tax regulations, corporate income tax
      pajak penghasilan dihitung oleh wajib pajak sendiri.                           payable is computed by taxpayer. However, the tax
      Namun demikian, pihak fiskus dapat memeriksa liabilitas                        authority may conduct tax audit on the Company within
      pajak dihitung sendiri tersebut dalam jangka waktu lima                        five years.
      tahun.

   d. Taksiran pajak penghasilan tangguhan                                         d. Estimated deferred income tax

      Jumlah aset dan liabilitas pajak tangguhan adalah                              The calculation of deferred tax assets and liabilities are
      sebagai berikut:                                                               as follows:

                                                                     2023
                                                                  Dikreditkan/(dibebankan) ke /
                                                                      credited/(charged) to:
                                                                                   Penghasilan
                                                                                  komprehensif
                                       1 Jan. /                                     lain/Other     31 Des. /
                                       Jan. 1,       Penyesuaian/ Laba rugi / comprehensive        Dec. 31,
                                       2023           Adjustment  Profit or loss      income        2023

      Perusahaan                                                                                                                     The Company
       Aset/(liabilitas) pajak tangguhan                                                                          Deferred tax assets/(liabilities)
        Imbalan pasca-kerja                                                                                                   Post-employment
          karyawan                        (25.746)           534         (6.762)          6.125       (25.849)                         benefits
        Penyisihan pensiun                                                                                           Provision for retirement of
          direksi dan komisaris            14.517            -           49.106             -         63.623     directors and commissioners
        Penyusutan aset tetap              46.842            -           (5.055)            -         41.787        Depreciation of fixed assets
        Rugi fiskal                     1.238.201            -       (1.238.201)            -            -                            Fiscal loss
        Akrual bonus                          -              -          297.000             -        297.000                    Accrued bonus

          Jumlah - Perusahaan          1.273.814             534      (903.912)           6.125      376.561             Total - the Company

      Entitas anak                                                                                                                     Subsidiaries
       Aset/(liabilitas) pajak tangguhan                                                                          Deferred tax assets/(liabilities)
        Imbalan pasca-kerja                                                                                                   Post-employment
           karyawan                      193.373             153         (2.537)         24.218      215.207                           benefits
        Penyisihan pensiun                                                                                           Provision for retirement of
           direksi dan komisaris          57.128             -           7.783            6.467       71.378     directors and commissioners
        Penurunan nilai piutang           99.339             -         (48.539)             -         50.800          Impairment of receivables
        Penyusutan aset tetap            330.118             925      (167.047)             -        163.996        Depreciation of fixed assets
        Akrual bonus                         -               -          19.241              -         19.241                    Accrued bonus
        Sewa                                 -               -           8.249              -          8.249                              Lease

          Jumlah - Entitas anak          679.958           1.078      (182.850)          30.685      528.871              Total - Subsidiaries

           Jumlah                      1.953.772           1.612     (1.086.762)         36.810      905.432                           Total



                                                                        56
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                               PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                       STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                 As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                          then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                        (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                                       15. TAXATION (Continued)

   d. Taksiran pajak penghasilan tangguhan (Lanjutan)                                d. Estimated deferred income tax (Continued)

                                                                     2022
                                                                  Dikreditkan/(dibebankan) ke /
                                                                      credited/(charged) to:
                                                                                   Penghasilan
                                                                                  komprehensif
                                       1 Jan. /                                     lain/Other       31 Des. /
                                       Jan. 1,       Penyesuaian/ Laba rugi / comprehensive          Dec. 31,
                                       2022           Adjustment  Profit or loss      income          2022

      Perusahaan                                                                                                                      The Company
       Aset/(liabilitas) pajak tangguhan                                                                           Deferred tax assets/(liabilities)
        Imbalan pasca-kerja                                                                                                    Post-employment
          karyawan                         (7.395)           117         (21.514)           3.046      (25.746)                         benefits
        Penyisihan pensiun                                                                                            Provision for retirement of
          direksi dan komisaris             8.136            -             6.381              -         14.517    directors and commissioners
        Penyusutan aset tetap              (3.905)           -            50.747              -         46.842       Depreciation of fixed assets
        Rugi fiskal                     1.365.068            -          (126.867)             -      1.238.201                         Fiscal loss

          Jumlah - Perusahaan          1.361.904             117         (91.253)           3.046    1.273.814            Total
                                                                                                                            (carried
                                                                                                                                - the forward)
                                                                                                                                      Company

      Entitas anak                                                                                                                      Subsidiaries
       Aset/(liabilitas) pajak tangguhan                                                                           Deferred tax assets/(liabilities)
        Imbalan pasca-kerja                                                                                                    Post-employment
           karyawan                      297.171            (483)       (105.950)           2.635      193.373                          benefits
        Penyisihan pensiun                                                                                            Provision for retirement of
           direksi dan komisaris          43.271             -            13.857              -         57.128    directors and commissioners
        Penurunan nilai piutang           58.830             -            40.509              -         99.339         Impairment of receivables
        Penyusutan aset tetap            269.613          (4.879)         65.384              -        330.118       Depreciation of fixed assets
        Sewa                                (106)            -               106              -            -                               Lease
        Rugi fiskal                       17.918             -           (17.918)             -            -                           Fiscal loss
                                                                             -
          Jumlah - Entitas anak          686.697          (5.362)          (4.012)          2.635      679.958             Total - Subsidiaries

           Jumlah                      2.048.601          (5.245)        (95.265)           5.681    1.953.772                          Total

      Rekonsiliasi antara jumlah beban pajak dan jumlah yang                           Reconciliation between tax expense and the amount
      dihitung dengan menggunakan tarif pajak yang berlaku                             computed using applied tax rate are as follows:
      adalah sebagai berikut:

                                                                 2023                 2022

      Laba sebelum pajak penghasilan                                                                                  Consolidated profit before
       konsolidasian                                             40.646.477          13.023.880                                    income tax

      Beban/(manfaat) pajak penghasilan                                                                 Corporate income tax expense/(benefit)
       sesuai dengan tarif yang berlaku                                                                                  using applied tax rate
        Perusahaan                                                3.442.608           2.464.131                                 The Company
        Entitas anak                                              8.908.768           3.163.148                                  Subsidiaries
      Pengaruh pajak atas beban yang tidak                                                                     Tax influence on non deductible
       diperkenankan/(penghasilan tidak                                                                                  expense/(non taxable
       kena pajak)                                                                                                                    income)
        Perusahaan                                               (1.511.577)         (3.354.742)                                The Company
        Entitas anak                                              1.408.485          (1.462.783)                                 Subsidiaries
      Penyesuaian pajak tangguhan terkait                                                                 Adjustment for deferred tax related to
       Akumulasi rugi fiskal                                                                                        Tax losses carried forward
        Perusahaan                                                  (327.068)           981.864                                 The Company
        Entitas anak                                                 468.451            414.130                                  Subsidiaries
      Penyesuaian tahun fiskal sebelumnya                                                                         Prior fiscal years adjustment
        Perusahaan                                                1.063.172                 -                                   The Company
        Entitas anak                                                 44.158             (21.211)                                 Subsidiaries

          Jumlah beban pajak penghasilan                         13.496.997           2.184.537                   Total income tax expense



                                                                          57
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                               PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                       STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                 As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                          then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                        (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                                      15. TAXATION (Continued)

   e. Beban/(manfaat) pajak penghasilan                                           e. Income tax expense/(benefit)

                                                                 2023               2022
      Pajak kini                                                                                                                        Current tax
       Tahun fiskal berjalan                                    12.004.675          2.110.483                                 Current fiscal year
       Penyesuaian tahun fiskal sebelumnya                         405.560            (21.211)                     Prior fiscal years adjustment

           Jumlah pajak kini                                    12.410.235          2.089.272                                  Total current tax

      Pajak tangguhan                                                                                                                 Deferred tax
       Tahun fiskal berjalan                                         384.992              95.265                              Current fiscal year
       Penyesuaian tahun fiskal sebelumnya                           701.770                 -                     Prior fiscal years adjustment

           Jumlah pajak tangguhan                                1.086.762                95.265                             Total deferred tax

            Jumlah pajak non-final                              13.496.997          2.184.537                               Total non-final tax

   f. Surat ketetapan pajak                                                       f. Tax assessment letters

      Surat ketetapan pajak atas Pajak Penghasilan ("PPh")                           Tax assessment letters of Corporate Income Tax ("CIT")
      Badan yang diterima Grup dari kantor pajak selama tahun                        received by the Group from the tax office during the year
      2023 dan 2022 adalah sebagai berikut:                                          2023 and 2022 are as follows:

                                                           Surat ketetapan pajak PPh badan /Tax assessment letters of CIT
                                                                                                                  Lebih/(kurang) bayar/
                                                            Jenis         Tahun         Laba pajak/              Over/(under) payment
                                                          ketetapan/      pajak/        (rugi fiskal)                               Setara/
                                     Tanggal/              Type of        Fiscal      Taxable income/          Rupiah/             Equivalent
      Entitas/Entity                  Date               assessment        year         (fiscal loss)          Rupiah              AS$/US$

      2023
      Perusahaan/
       The Company              25 Mei./May. 2023         SKPKB *)        2018      Rp 21.546.826.664           (5.386.706.500)           (361.402)

      Entitas anak/
       Subsidiaries
      - TIP                      13 Apr./Apr. 2023       SKPLB **)        2021       Rp 2.344.498.946            4.509.381.720            316.781

      2022
      Entitas anak/
       Subsidiaries
      - TIP                      13 Jun./Jun. 2022       SKPLB **)        2020      Rp 35.247.165.231            6.407.527.961            429.047
      - REC                      26 Apr./Apr. 2022       SKPLB **)        2020      AS$/US$ 1.416.092                      -              106.945

      *)    SKPKB = Surat ketetapan pajak kurang bayar                               *)    SKPKB = Underpayment tax assessment letter
      **) SKPLB = Surat ketetapan pajak lebih bayar                                  **) SKPLB = Overpayment tax assessment letter


      Pada 31 Desember 2023, Jumlah kurang bayar                                     As at December 31, 2023, the total underpayment
      berdasarkan SKPKB, telah dibayarkan Perusahaan pada                            based on SKPKB, has been paid by the Company in the
      tahun berjalan. Jumlah sanksi administratif, berupa denda                      current year. The amount of administrative interest fines
      bunga atas SKPKB sebesar Rp 2.352.913.399 (setara                              related to the SKPKB amounting to Rp 2,352,913,399
      dengan AS$ 157.861), dicatat sebagai "Beban lain-lain -                        (equivalent to US$ 157,861), was recorded as “Other
      beban pajak" pada laporan laba rugi dan penghasilan                            expense - tax expense” in the consolidated statement of
      komprehensif lain konsolidasian (lihat catatan 34).                            profit or loss and other comprehensive income (see note
                                                                                     34).




                                                                          58
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


15. PERPAJAKAN (Lanjutan)                                               15. TAXATION (Continued)

   f. Surat ketetapan pajak (Lanjutan)                                     f. Tax assessment letters (Continued)

      Surat ketetapan/tagihan pajak yang diterima Grup dari                   Tax assessments/collections letters received by the
      kantor pajak yang terkait selain Pajak Penghasilan Badan                Group from the tax office other than Corporate Income
      adalah sebagai berikut:                                                 Tax are as follows:

      - Selama tahun 2023, Perusahaan menerima Surat                          - During 2023, the Company received the Tax
        Tagihan Pajak ("STP") dari kantor pajak atas Pajak                      Collection Letter ("STP") from tax office of income tax
        Penghasilan ("PPh") pasal 23, 4 (2) dan Pajak                           article 23, 4 (2) and Value Added Tax ("VAT") for the
        Pertambahan Nilai ("PPN") untuk tahun buku 2018-                        year 2018-2023, which stated the tax fines amounting
        2023, yang menetapkan jumlah denda pajak sebesar                        to Rp 4,384,403 (equivalent to US$ 290).
        Rp 4.384.403 (setara dengan AS$ 290).

      - Selama tahun 2023, ATP menerima Surat Tagihan                         - During 2023, ATP received the Tax Collection Letter
        Pajak ("STP") dari kantor pajak atas Pajak Penghasilan                  ("STP") from tax office of income tax article 21, 23, 25
        ("PPh") pasal 21, 23, 25 dan Pajak Pertambahan Nilai                    and Value Added Tax ("VAT") for the year 2018-
        ("PPN")    untuk tahun buku 2018-2023, yang                             2023, which stated the tax fines amounting to Rp
        menetapkan jumlah denda pajak sebesar Rp 4.943.716                      4,943,716 (equivalent to US$ 325).
        (setara dengan AS$ 325).

      - Selama tahun 2023, PDPDE menerima Surat Tagihan                       - During 2023, PDPDE received Tax Collection Letter
        Pajak ("STP") atas PPh 21 dan 23 untuk tahun buku                       ("STP") of income tax article 21 and 23 for fiscal year
        2020, 2022 dan 2023 dengan jumlah sebesar Rp                            2020, 2022 and 2023 with total amounting to Rp
        604.216.030 (setara dengan AS$ 40.586).                                 604,216,030 (equivalent to US$ 40,586).

      - Selama tahun 2022, ATP menerima STP dari kantor                       - During 2022, ATP received the STP from tax office of
        pajak atas PPh pasal 21, 23, 25 dan Pajak                               income tax article 21, 23, 25 and Value Added Tax
        Pertambahan Nilai ("PPN") untuk tahun buku 2018-                        ("VAT") for the year 2018-2022, which stated the tax
        2022, yang menetapkan jumlah denda pajak sebesar                        fines amounting to Rp 78,702,895 (equivalent to US$
        Rp 78.702.895 (setara dengan AS$ 5.276).                                5,276).


      - Selama tahun 2022, PDPDE menerima Surat Tagihan                       - During 2022, PDPDE received Tax Collection Letter
        Pajak ("STP") atas PPh 21 dan 23 untuk tahun buku                       ("STP") of income tax article 21 and 23 for fiscal year
        2019 dan 2021 dengan jumlah sebesar Rp 2.122.276                        2019 and 2021 with total amounting to Rp 2,122,276
        (ekuivalen AS$ 146).                                                    (equivalent to US$ 146).

      Selisih antara nilai tercatat dengan STP dicatat sebagai                The difference between carrying amount and STP was
      "Beban lain-lain - beban pajak" pada laporan laba rugi dan              recorded as “Other expense - tax expense” in the
      penghasilan komprehensif lain konsolidasian (lihat                      consolidated statement of profit or loss and other
      catatan 34).                                                            comprehensive income (see note 34).

16. UTANG USAHA                                                         16. TRADE PAYABLES

                                                        2023                2022

   Pihak ketiga                                                                                                            Third parties
    Dolar AS                                           14.118.381           9.564.873                                       US Dollar
    Rupiah                                              5.008.412           1.235.573                                          Rupiah

       Jumlah                                          19.126.793          10.800.446                                         Total




                                                                   59
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


16. UTANG USAHA (Lanjutan)                                           16. TRADE PAYABLES (Continued)

   Rincian utang usaha berdasarkan pemasok adalah sebagai               Details of trade payables based on vendors are as follows:
   berikut:

                                                      2023               2022

   Pihak ketiga                                                                                                       Third parties
    PT Pertamina (Persero)                            6.733.523          6.181.789                       PT Pertamina (Persero)
    Medco E&P Grissik Ltd (dahulu:                                                             Medco E&P Grissik Ltd (previouly:
      Conoco Philips Ltd)                             5.350.586          2.571.800                          Conoco Philips Ltd)
    PT Pratiwi Putri Sulung                           1.890.532                -                         PT Pratiwi Putri Sulung
    PT Baker Hughes Indonesia                         1.368.150                -                    PT Baker Hughes Indonesia
    Jindi South Jambi B, Co., Ltd                       597.265            608.175                 Jindi South Jambi B, Co., Ltd
    PT Transportasi Gas Indonesia                       366.542            187.384               PT Transportasi Gas Indonesia
    CV Azka Karyatama Mandiri                           294.000                -                    CV Azka Karyatama Mandiri
    PT Petro Biz Indonesia                              289.100                -                          PT Petro Biz Indonesia
    PT Cipta Infra Selaras                              279.300                -                           PT Cipta Infra Selaras
    PT Tri Erdnov Rezeki                                165.268                -                            PT Tri Erdnov Rezeki
    PT Pertamina Gas                                    117.391            162.005                            PT Pertamina Gas
    CV Teknik Utama Konsultindo                         116.620                -                  CV Teknik Utama Konsultindo
    PT Galaxy Energi Perkasa                                -              280.834                    PT Galaxy Energi Perkasa
    PT Intan Prima Kalorindo                                -              114.424                     PT Intan Prima Kalorindo
    PT Wilson Walton Indonesia                              -               15.725                  PT Wilson Walton Indonesia
    Lain-lain (masing-masing di bawah                                                                        Others (each below
      AS$ 100.000)                                    1.558.516            678.310                                US$ 100,000)

        Jumlah                                       19.126.793         10.800.446                                       Total

   Utang usaha di atas terutama timbul dari pembelian gas dan           Trade payables above mainly arise from the purchases of
   jasa transportasi gas.                                               gas and gas transportation services.

   Grup tidak menempatkan aset tertentu sebagai jaminan atau            The Group does not pledge or use specific assets as
   tanggungan atas utang usaha dari pihak ketiga.                       collateral for trade payables of third-parties.

17. UTANG LAIN-LAIN                                                  17. OTHER PAYABLES

                                                      2023               2022

   Pihak ketiga                                                                                                       Third parties
    PT Tanggamus Silica Mineral                         364.248                 -                  PT Tanggamus Silica Mineral
    PT Petrogas Alamindo Jaya                           311.365                 -                    PT Petrogas Alamindo Jaya
    PT Neomax Magnetic Technologies                                                          PT Neomax Magnetic Technologies
      Indonesia (dahulu: PT Hitachi                                                            Indonesia (previously: PT Hitachi
        Metals Indonesia)                               110.580            110.580                           Metals Indonesia)
    PT Evonik Degusa Peroxida Indonesia                  75.000             75.000         PT Evonik Degusa Peroxida Indonesia
    PT Emblem Asia                                       64.080             64.080                              PT Emblem Asia
    Tn. Hilman                                           51.894             86.687                                     Mr. Hilman
    PT Supermal Karawaci                                 32.434             31.784                        PT Supermal Karawaci
    Lain-lain (masing-masing di bawah                                                                        Others (each below
      AS$ 30.000)                                       190.367            141.691                                 US$ 30,000)

       Jumlah pihak ketiga                            1.199.968            509.822                           Total third parties

   Pihak berelasi (lihat catatan 38b)                   545.000                 -                     Related party (see note 38b)

       Jumlah utang lain-lain                         1.744.968            509.822                        Total other payables

   ATP memperoleh pinjaman dari PT Tanggamus Silica                     ATP obtained loan facilities from PT Tanggamus Silica
   Mineral, PT Petrogas Alamindo Jaya dan Tn. Hilman untuk              Mineral, PT Petrogas Alamindo Jaya and Tn. Hilman for
   modal kerja dengan jatuh tempo 1 (satu) tahun, dengan suku           working capital which will mature range from 1 (one) year,
   bunga berkisar antara 1,00% - 6,00% per tahun.                       with interest rate range from 1.00% - 6.00% per annum.

   Grup tidak menempatkan aset tertentu sebagai jaminan atau            The Group does not pledge or use specific assets as
   tanggungan atas utang lain-lain dari pihak ketiga.                   collateral for other payables of third-parties.



                                                                60
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


18. UANG MUKA PENJUALAN                                              18. SALES ADVANCE

                                                     2023                2022

   Pihak ketiga                                                                                                      Third parties
    PT Bayu Buana Gemilang                             232.525             232.525                    PT Bayu Buana Gemilang
    PT Itasmaltindo Industry                            64.947                 -                        PT Itasmaltindo Industry
    PT Berkah Gas Insani                                56.624                 -                           PT Berkah Gas Insani
    PT Gajah Tunggal Tbk                                53.711                 -                          PT Gajah Tunggal Tbk
    PT Surya Toto Indonesia                             39.325              38.400                      PT Surya Toto Indonesia
    PT Petrojaya Boral Plasterboard                        -                69.966               PT Petrojaya Boral Plasterboard
    Lain-lain                                           87.379              37.313                                        Others

       Jumlah                                          534.511             378.204                                        Total

   Uang muka penjualan merupakan uang muka yang                         Advances for sales represents advances paid by
   dibayarkan oleh konsumen untuk transaksi penjualan gas               consumers for gas sales transactions that have not yet
   yang belum direalisasikan.                                           been realized.

19. BEBAN AKRUAL                                                     19. ACCRUED EXPENSES

                                                     2023                2022

   Gaji, tunjangan dan bonus                          1.937.696             38.381                  Salaries, allowance and bonus
   Jasa profesional                                     197.933            317.142                                 Professional fee
   Bunga                                                155.279            173.316                                         Interest
   Retribusi BPH Migas                                   27.676             51.787                                 BPH Migas Levy
   Lain-lain                                              1.148            189.381                                          Others

       Jumlah                                         2.319.732            770.007                                        Total

20. UTANG PEMBELIAN ASET TETAP                                       20. FIXED ASSETS PURCHASE PAYABLES

   Pada tanggal 23 September 2022, ATP membeli 5 (lima)                 On September 23, 2022, ATP purchased 5 (five) packages
   paket peralatan pompa minyak dari PT Tanggamus Silica                of oil pumping equipment from PT Tanggamus Silica
   Mineral ("TSM"), pihak ketiga, senilai AS$ 1.342.800                 Mineral ("TSM"), third party, amounting to US$ 1,342,800
   (termasuk pajak, mobilisasi, instalasi dan demobilisasi),            (including    taxes,    mobilization,    installation   and
   dengan pembayaran secara cicilan selama 2 (dua) tahun.               demobilization), with payments in installments over 2 (two)
   Mutasi utang kepada TSM adalah sebagai berikut:                      years. Movements of payable to TSM are as follows:

                                                     2023                2022

   Nilai kontraktual                                  1.342.800          1.342.800                               Contractual value

   Saldo awal nilai kini                                787.188          1.265.369              Beginning balance of present value
   Pembayaran                                          (713.094)          (495.856)                                     Payments
   Beban keuangan/bunga                                  47.377             17.675                          Finance costs/interest

    Saldo akhir nilai kini                             121.471             787.188               Ending balance of present value

    Dikurangi: bagian jangka pendek                    121.471             302.388                           Less: current portion

    Bagian jangka panjang                                   -              484.800                              Long-term portion




                                                                61
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


21. PINJAMAN BANK                                                    21. BANK LOANS

   a. Pinjaman bank jangka pendek                                       a. Short-term bank loans

                                                      2023               2022

      PT Bank HSBC Indonesia                          1.946.030                 -                         PT Bank HSBC Indonesia

        Jumlah                                        1.946.030                 -                                            Total

      PT Bank HSBC Indonesia ("HSBC")                                     PT Bank HSBC Indonesia ("HSBC")

      Berdasarkan perjanjian terakhir tertanggal 5 Mei 2021,              Based on the latest agreement dated May 5, 2021, EHK
      EHK memperoleh fasiltas pinjaman dari HSBC berupa;                  obtained loan facilities from HSBC in the form of; (a)
      (a) Surat Kredit Berdokumentasi Siaga ("SKBS"), untuk               Standby Documentary Credit ("SBDC"), to finance the
      membiayai kebutuhan pembelian dan transportasi gas                  purchase and transportation of gas from 5 (five)
      dari 5 (lima) pemasok dengan plafon sebesar AS$                     suppliers with the limit amounting to US$ 21,000,000,
      21.000.000, (b) Pinjaman Ekspor/Pinjaman Penjual                    (b) Open account export/Post-Shipment Seller Loan
      Setelah Pengapalan ("PPSP"), untuk membiayai 90% dari               ("PSSL"), to finance 90% of receivables with the limit
      nilai piutang dengan plafon sebesar AS$ 6.000.000, dan              amounting to US$ 6,000,000, and (c) a treasury facility
      (c) fasilitas treasury untuk memfasilitasi kebutuhan                to facilitate hedging requirement with the limit amounting
      lindung nilai dengan plafon sebesar AS$ 500.000.                    to US$ 500,000. The SBDC and PSSL facilities are
      Fasilitas SKBS dan PPSP tersedia dalam mata Rupiah                  available in Rupiah with a term of 1 (one) year, bearing
      dengan jangka waktu 1 (satu) tahun, dikenakan bunga per             interest per annum at 6.50% and 4.00% below HSBC's
      tahun sebesar 6,50% dan 4,00% dibawah bunga                         best lending rate for loan withdrawn in US Dollar and
      pinjaman terbaik HSBC untuk masing-masing penarikan                 Rupiah, respectively.
      dalam mata uang Dolar AS dan Rupiah.

      Saldo fasilitas pinjaman tersebut pada 31 Desember 2023             The outstanding balance of the loan facility as at
      dan 2022 masing-masing adalah sebesar AS$ 1.946.030                 December 31, 2023 and 2022 amounting to US$
      dan nihil.                                                          1,946,030 and nil, respectively.

   b. Pinjaman bank jangka panjang                                      b. Long-term bank loans

                                                      2023               2022

      Perusahaan                                                                                                     The Company
       PT Bank Mandiri (Persero) Tbk                 93.930.450        104.668.332                  PT Bank Mandiri (Persero) Tbk
       Dikurangi:                                                                                                    Deducted by:
        Beban pinjaman yang belum diamortisasi         (992.162)        (1.561.902)                 Unamortized borrowing costs
      Entitas anak                                                                                                     Subsidiaries
       PT Bank Mandiri (Persero) Tbk                 25.500.000                -                    PT Bank Mandiri (Persero) Tbk
       PT Bank HSBC Indonesia                        14.410.525          6.500.000                      PT Bank HSBC Indonesia
       Dikurangi:                                                                                                    Deducted by:
        Beban pinjaman yang belum diamortisasi         (226.702)                -                   Unamortized borrowing costs

         Jumlah pinjaman bank jangka panjang        132.622.111        109.606.430                   Total long-term bank loans

      Dikurangi: bagian lancar                                                                         Deducted by: current portion
       Perusahaan                                                                                                   The Company
        PT Bank Mandiri (Persero) Tbk                16.694.866         10.821.839                 PT Bank Mandiri (Persero) Tbk
        Beban pinjaman yang belum diamortisasi         (331.151)          (354.557)                 Unamortized borrowing costs
       Entitas anak                                                                                                   Subsidiaries
        PT Bank Mandiri (Persero) Tbk                 5.992.000                -                   PT Bank Mandiri (Persero) Tbk
        PT Bank HSBC Indonesia                        3.563.158          1.300.000                     PT Bank HSBC Indonesia
        Dikurangi:                                                                                                  Deducted by:
          Beban pinjaman yang belum diamortisasi        (26.157)                -                  Unamortized borrowing costs

       Jumlah bagian lancar                          25.892.716         11.767.282                          Total current portion

       Jumlah bagian tidak lancar                   106.729.395         97.839.148                     Total non-current portion



                                                                62
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


21. PINJAMAN BANK (Lanjutan)                                            21. BANK LOANS (Continued)

   b. Pinjaman bank jangka panjang (Lanjutan)                              b. Long-term bank loans (Continued)

      PT Bank Mandiri (Persero) Tbk ("Mandiri")                              PT Bank Mandiri (Persero) Tbk ("Mandiri")

      -   Perusahaan                                                         - The Company

          Pada tanggal 26 Maret 2021, Perusahaan                                On March 26, 2021, the Company obtained a non-
          memperoleh fasilitas Pinjaman Berjangka satu (1)                      revolving Term Loan one (1) ("TL1") facility from
          ("PB1") yang bersifat non-revolving dari Mandiri                      Mandiri in the form of Facilities A and B with the limit
          berupa Fasilitas A dan B dengan plafon masing-                        amounting to US$ 27,979,000 and US$ 80,752,000
          masing sebesar AS$ 27.979.000 dan AS$ 80.752.000                      (total US$ 108,731,000), respectively, which can be
          (jumlah AS$ 108.731.000) yang dapat digunakan oleh                    used by subsidiaries except PRA and PDPDE.
          entitas anak kecuali PRA dan PDPDE.

          Fasilitas A digunakan untuk melunasi pinjaman HSBC                    Facility A was used to payment HSBC and BNI loans
          dan BNI masing-masing sebesar AS$ 7.500.000 dan                       amounting to US$ 7,500,000 and US$ 20,479,000,
          AS$ 20.479.000. Fasilitas B digunakan untuk                           respectively. Facility B is used to finance the Rokan
          membiayai Proyek Rokan dan Proyek Rembang (lihat                      Project and the Rembang Project (see note 1d), in
          catatan 1d), yang mana dana yang didapatkan dari                      which the funds obtained from Facility B will be used
          Fasilitas B ini akan digunakan oleh Perusahaan untuk                  by the Company to fulfill the Company's investment
          memenuhi kewajiban investasi Perusahaan (atau                         obligations (or after the transfer, by TIP to fulfill TIP's
          setelah terjadinya pengalihan, oleh TIP untuk                         investment obligations) and payment of costs and
          memenuhi kewajiban investasi TIP) dan pembayaran                      obligations in connection with the Rokan Project and
          biaya dan kewajiban sehubungan dengan Proyek                          Rembang Project with a maximum value of 98.90% of
          Rokan dan Proyek Rembang dengan nilai maksimum                        the total required value based on the Rokan Project
          98,90% dari jumlah nilai yang dibutuhkan berdasarkan                  and Rembang Project documents.
          dokumen Proyek Rokan dan Proyek Rembang.

          Pinjaman PB 1 ini dikenakan bunga sebesar 6,00%                       This loan of TL 1 bears interest at 6.00% (floating)
          (floating) per tahun dan biaya pinjaman berupa biaya                  per annum and charges borrowing costs in the form
          provisi, jasa, asuransi dan administrasi dengan jumlah                of fees, services, insurance and administration with
          sebesar AS$ 1.736.976. Pinjaman ini berjangka waktu                   total amounting to US$ 1,736,976. This loan has a
          sembilan (9) tahun sembilan (9) bulan dengan                          term for nine (9) years and nine (9) months with
          pembayaran kembali yang telah ditentukan dilakukan                    determined repayments every month starting April 23,
          setiap bulan mulai tanggal 23 April 2021 dan akan                     2021 and ending on December 23, 2030.
          berakhir pada 23 Desember 2030.

          Selanjutnya pada tanggal 14 Desember 2022,                            Furthermore, on December 14, 2022, the Company
          Perusahaan memperoleh tambahan Pinjaman                               obtained additional non-revolving Term Loan Two (2)
          Berjangka Dua (2) ("PB2") yang bersifat non-                          ("TL2") from Mandiri which were used to cover
          revolving dari Mandiri yang digunakan untuk                           cashflow gap in investment needs with the limit
          menutupi kekurangan dalam rangka kebutuhan                            amounting to US$ 30,000,000, bearing interest at
          investasi dengan plafon sebesar AS$ 30.000.000,                       6.00% (floating) per annum and have term of 42 (forty
          dikenakan bunga 6,00% (floating ) per tahun dan                       two) months, including grace period of 6 (six) months
          berjangka waktu 42 (empat puluh dua) bulan,                           with predetermined repayments every month that
          termasuk masa tenggang 6 (enam) bulan dengan                          ending on June 23, 2026.
          pembayaran kembali yang telah ditentukan dilakukan
          setiap bulan yang berakhir pada 23 Juni 2026.

          Saldo pinjaman pokok per 31 Desember 2023 adalah                      The principal loan balance as at December 31, 2023
          sebesar AS$ 93.930.450 (2022: AS$ 104.668.332)                        was amounting to US$ 93,930,450 (2022: US$
          yang terdiri dari PB 1 sebesar AS$ 89.835.584 (2022:                  104,668,332) consisting of TL 1 amounting to US$
          AS$ 99.857.294) dan PB 2 sebesar AS$ 4.094.866                        89,835,584 (2022: US$ 99,857,294) and TL 2
          (2022: AS$ 4.811.038).                                                amounting to US$ 4,094,866 (2022: US$ 4,811,038).




                                                                   63
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


21. PINJAMAN BANK (Lanjutan)                                          21. BANK LOANS (Continued)

   b. Pinjaman bank jangka panjang (Lanjutan)                            b. Long-term bank loans (Continued)

      PT Bank Mandiri (Persero) Tbk ("Mandiri") (Lanjutan)                 PT Bank Mandiri (Persero) Tbk ("Mandiri") (Continued)

      -   Perusahaan (Lanjutan)                                            - The Company (Continued)

          Pinjaman dari Mandiri ini dijamin dengan, jaminan                   This loan from Mandiri is secured by a fiduciary
          fidusia atas aset tetap berupa transmisi pipa gas,                  transfer over fixed assets in the form of gas pipeline
          mesin dan peratalan serta peralatan kantor (lihat                   transmission, machinery and equipment and office
          catatan 10) milik TIP dan HEMA dengan nilai                         equipment (see note 10) owned by TIP and HEMA
          pertanggungan sebesar Rp 461,69 milyar, jaminan                     with a sum insured amounting to Rp 461.69 billion,
          fidusia atas piutang usaha (lihat catatan 5) milik                  fiduciary transfver over trade receivables (see note
          Perusahaan dan TIP dengan nilai pertanggungan                       5) owned by the Company and TIP with a sum
          sebesar Rp 2,15 triliun, 100% jaminan saham TIP,                    insured amounting to Rp 2.15 trillion, 100%
          jaminan rekening (lihat catatan 14), hak tanggungan                 guarantee of TIP shares, guarantee of bank accounts
          atas tanah dan bangunan gedung kantor di Thamrin                    (see note 4), mortgages right over land and office
          Residence Blok A01-05 dan di Patal Senayan atas                     buildings in the Thamrin Residence Block A01-05 and
          nama Perusahaan dengan nilai pertanggungan                          at Patal Senayan on behalf of the Company with an
          sebesar Rp 118,35 milyar (lihat catatan 10), jaminan                sum insured amounting to Rp 118.35 billion (see
          perusahaan dari Perusahaan dan TIP, jaminan dana                    note 10), corporate guarantees from the Company
          dari hasil klaim ganti rugi Projek Rokan maksimal                   and TIP, guaranteed funds from the results of claims
          sebesar Rp 1,05 triliun dan gadai 15% kepemilikan                   for compensation from Rokan Project with maximum
          saham Perusahaan yang dimiliki oleh PT Sentosa                      amounting to Rp 1.05 trillion and mortage 15 % of the
          Bersama Mitra (lihat catatan 26).                                   Company's share ownership owned by PT Sentosa
                                                                              Bersama Mitra (see note 26).

          Berdasarkan perjanjian pinjaman ini, Perusahaan                     As specified by the loan agreement, the Company is
          diwajibkan memenuhi batasan-batasan tertentu                        required to comply with certain covenants, such as
          seperti batasan rasio keuangan dan batasan                          financial ratio covenants and no substantial change in
          melakukan perubahan bisnis yang substansial.                        the general business.

          Pada tanggal 31 Desember 2023 dan 2022,                             As at December 31, 2023 and 2022, the Company
          Perusahaan telah memenuhi semua persyaratan                         has complied with the required relevant covenants
          terkait sebagaimana diharuskan dalam perjanjian.                    stated in the agreement.

      -   Entitas anak                                                     - Subsidiaries

          Pada tanggal 31 Juli 2023, RETJ memperoleh                          On July 31, 2023, RETJ secured a non-revolving
          fasilitas pinjaman berjangka yang bersifat non-                     term loan facility from Mandiri, comprising Tranche 1
          revolving dari Mandiri berupa Tranche 1 dan 2                       and 2, with individual limits of US$ 22,850,000 and
          dengan plafon masing-masing sebesar AS$                             US$ 3,000,000, respectively, resulting in a total
          22.850.000 dan AS$ 3.000.000 (jumlah AS$                            facility of US$ 25,850,000. The loan is subject to an
          25.850.000). Pinjaman ini dikenakan suku bunga                      interest rate of 7.50% and has a term of 63 months
          7,50% dengan jangka waktu 63 bulan sejak                            from the date of agreement signing.
          penandatanganan perjanjian.

          Fasilitas pinjaman tersebut digunakan dalam rangka                  The loan facility is utilized for the purpose of acquiring
          proses pengambilalihan 8% Participating Interest                    an 8% Participating Interest ("PI") from PT GPI
          ("PI") dari PT GPI Jabung pada Production Sharing                   Jabung in the Production Sharing Contract ("PSC")
          Contract ("PSC") blok Jabung dan pembayaran                         for the Jabung block and for the payment of cash call
          tangguhan cash call blok Jabung kepada PT                           obligations in the Jabung block to PT Petrochina
          Petrochina International Jabung Ltd.                                International Jabung Ltd.

          Pinjaman ini dijamin dengan jaminan fidusia atas                    This loan is secured by a fiduciary transfer over trade
          piutang usaha milik RETJ, hak tanggungan atas                       receivables owned by the Company, mortgages right
          bangunan gedung kantor di Thamrin Residence Blok                    over office buildings in the Thamrin Residence Block
          01A-06A dan di Patal Senayan atas nama PT Rukun                     01A-06A and at Patal Senayan on behalf of PT
          Raharja Tbk ("Perusahaan") dengan senilai Rp                        Rukun Raharja Tbk ("the Company") with fair value of
          146.795.000.000, jaminan rekening bank milik                        Rp 146,795,000,000, guarantee of bank accounts on
          Perusahaan (lihat catatan 4), TIP, HEMA, REC, dan                   behalf of the Company (see note 4), TIP, HEMA,
          RETJ, jaminan perusahaan dan cash deficit atas                      REC and RETJ, corporate guarantees and cash
          nama Perusahaan.                                                    deficit from the Company.



                                                                 64
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


21. PINJAMAN BANK (Lanjutan)                                          21. BANK LOANS (Continued)

   b. Pinjaman bank jangka panjang (Lanjutan)                            b. Long-term bank loans (Continued)

      PT Bank Mandiri (Persero) Tbk ("Mandiri") (Lanjutan)                 PT Bank Mandiri (Persero) Tbk ("Mandiri") (Continued)

      -   Entitas anak (Lanjutan)                                          - Subsidiaries (Continued)

          Pada tanggal 31 Desember 2023, saldo pinjaman                       As at December 31, 2023, the principal balance of
          pokok tersebut adalah sebesar AS$ 25.500.000 dan                    the loan was amounting to US$ 25,500,000, with an
          sebesar AS$ 5.992.000 akan jatuh tempo dalam                        amount of US$ 5,992,000 will mature within the next
          waktu 1 (satu) tahun.                                               1 (one) year.

      PT Bank HSBC Indonesia ("HSBC")                                      PT Bank HSBC Indonesia ("HSBC")

      -   Entitas anak                                                     - Subsidiaries

          Pada tanggal 22 November 2022, EHK memperoleh                       On November 22, 2022, EHK obtained loan facility
          fasilitas pinjaman dari HSBC berupa Reverse Based                   from HSBC in form of Reverse Based Lending
          Lending ("RBL") dengan plafon sebesar AS$                           ("RBL") with a limit amounting to US$ 17,000,000.
          17.000.000. Pinjaman ini dikenakan suku bunga                       The loan bears annual floating interest rate of 2.15%
          mengambang per tahun sebesar 2,15% diatas                           above the Secured Overnight Financing Rate
          Secured Overnight Financing Rate ("SOFR") yang                      ("SOFR") published by the Federal Reserve Bank of
          dipublikasikan oleh Federal Reserve Bank of New                     New York. The purpose of this loan facility is to
          York . Tujuan fasilitas pinjaman ini adalah untuk                   finance the capital expenditure of EHK's subsidiaries,
          membiayai kembali belanja pembelian barang modal                    APE and MUI.
          oleh entitas-entitas anak milik EHK yaitu APE dan
          MUI.

          Jangka waktu maksimal penarikan pinjaman RBL                        The maximum period for withdrawal of the RBL loan
          tersebut adalah sampai dengan 6 (enam) bulan sejak                  is 6 (six) months from the agreement date. This
          tanggal perjanjian. Fasilitas ini berlaku selama 5                  facility shall remain valid for 5 (five) years from the
          (lima) tahun sejak tanggal penarikan pertama dengan                 date of the first loan drawdown, with 20 (twenty)
          20 (dua puluh) kali pembayaran kembali setiap                       quarterly repayments to be made starting 3 (three)
          triwulanan yang dimulai 3 (tiga) bulan sejak tanggal                months from the first drawdown, without any grace
          penarikan pinjaman pertama tanpa masa tenggang.                     period.

          Pinjaman ini dijamin dengan hak tanggungan atas                     This loan is secured by, mortage over fixed assets in
          aset tetap berupa tanah dan bangunan (lihat catatan                 the form of land and buildings (see note 10) owned by
          10) milik EHK, APE dan MUI senilai AS$ 3.590.929                    EHK, APE, and MUI amounting to US$ 3,590,929 or
          atau setara Rp 56.488.897.500, jaminan fidusia atas                 equivalents to Rp 56,488,897,500, fiduciary transfers
          aset tetap berupa pipa gas milik EHK dan MUI senilai                of ownership over fixed assets of gas pipelines
          AS$ 25.187.363 atau setara Rp 391.222.410.250,                      owned by EHK and MUI amounting to US$
          jaminan fidusia atas aset tetap berupa kendaraan,                   25,187,363 or equivalents to Rp 391,222,410,250,
          peralatan dan mesin milik EHK, APE dan MUI senilai                  fiduciary transfers of ownership over fixed assets of
          AS$ 7.577.655 atau setara Rp 119.204.091.637,                       vehicles, equipments and machinaries owned by
          jaminan perusahaan dari APE dan Majuko senilai AS$                  EHK, APE and MUI amounting to US$ 7,577,655 or
          17.000.000 atau setara Rp 267.427.000.000, jaminan                  equivalents to Rp 119,204,091,637, corporate
          saham milik EHK di MUI senilai AS$ 2.800.000 atau                   guarantee from APE and MUI amounting to US$
          setara dengan Rp 44.046.800.000 dan APE senilai                     17,000,000 or equivalents to Rp 267,427,000,000,
          AS$ 2.500.000 atau setara Rp 39.327.500.000, biaya                  pledge of share of EHK at MUI amounting to US$
          atas rekening cadangan layanan utang EHK yang                       2,800,000 or equivalents to Rp 44,046,800,000 and
          ditatausahakan di HSBC senilai dua (2) kali                         at APE amounting to US$ 2,500,000 or equivalents to
          pembayaran dan bunga per kwartal (lihat catatan 14)                 Rp 39,327,500,000 and EHK's charge over Debt
                                                                              Service Reserve Account with HSBC for the amount
                                                                              of two (2) quarterly principal and interest payments
                                                                              (see note 14)




                                                                 65
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                          As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                   then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                 (Expressed in full US Dollar amount, unless otherwise stated)


21. PINJAMAN BANK (Lanjutan)                                             21. BANK LOANS (Continued)

   b. Pinjaman bank jangka panjang (Lanjutan)                               b. Long-term bank loans (Continued)

      PT Bank HSBC Indonesia ("HSBC") (Lanjutan)                               PT Bank HSBC Indonesia ("HSBC") (Continued)

      -   Entitas anak (Lanjutan)                                              - Subsidiaries (Continued)

          Pada tanggal 31 Desember 2023, saldo pinjaman                          As at December 31, 2023, the principal balance of
          pokok tersebut adalah sebesar AS$ 14.410.525                           the loan was amounting to US$ 14,410,525 (2022:
          (2022: US$ 6.500.000) dan sebesar AS$ 3.563.158                        US$ 6,500,000), with an amount of US$ 3,563,158
          (2022: US$ 1.300.000) akan jatuh tempo dalam waktu                     (2022: US$ 1,300,000) will mature within the next 1
          1 (satu) tahun.                                                        (one) year.

          Berdasarkan      persyaratan-persyaratan        dalam                  Based on the terms of the related loan agreements,
          perjanjian pinjaman tersebut, pada tanggal 31                          as at December 31, 2023 and 2022, EHK was in
          Desember 2023 dan 2022, EHK telah memenuhi                             compliance with the covenants required in this facility
          batasan yang diwajibkan dalam perjanjian fasilitas ini.                agreement.

22. PINJAMAN PEMBIAYAAN KONSUMEN                                         22. CONSUMER FINANCING LOANS

                                                         2023                2022

   PT Mitsui Leasing Capital Indonesia                     516.579             221.410              PT Mitsui Leasing Capital Indonesia
   PT BRI Multifinance Indonesia                           277.349              66.975                  PT BRI Multifinance Indonesia
   PT Toyota Astra Financial Services                      198.137             230.440              PT Toyota Astra Financial Services
   PT Mandiri Tunas Finance                                141.605             121.979                       PT Mandiri Tunas Finance
   PT Astra Sedaya Finance                                  77.162                 -                          PT Astra Sedaya Finance
   Lain-lain (masing-masing di bawah                                                                                Others (each below
    AS$ 50.000)                                              69.452             38.768                                   US$ 50,000)

      Jumlah                                             1.280.284             679.572                                           Total

   Dikurangi: bagian lancar                                                                                Deducted by: current portion
    PT Mitsui Leasing Capital Indonesia                    170.471              63.841             PT Mitsui Leasing Capital Indonesia
    PT BRI Multifinance Indonesia                           88.323              33.538                 PT BRI Multifinance Indonesia
    PT Toyota Astra Financial Services                      83.198              25.618             PT Toyota Astra Financial Services
    PT Mandiri Tunas Finance                                41.862              27.410                      PT Mandiri Tunas Finance
    PT Astra Sedaya Finance                                 25.380                 -                         PT Astra Sedaya Finance
    Lain-lain                                               31.552              15.105                                          Others

       Jumlah bagian jangka pendek                         440.786             165.512                          Total current portion
       Jumlah bagian jangka panjang                        839.498             514.060                        Total long-term portion

   Pinjaman pembiayaan konsumen merupakan utang                             Consumer financing loans represent payable on purchases
   pembelian kendaraan dengan jangka waktu 2 (dua) sampai                   of vehicles with the periods for 2 (two) to 5 (five) years and
   dengan 5 (lima) tahun dan dikenakan suku bunga efektif                   bear effective interest rates ranging from 5.48% - 17.20%
   berkisar antara 5,48% - 17,20% (2022: 8,80% - 17,20%) per                (2022: 8.80% - 17.20%) per annum. These loans is
   tahun. Pinjaman ini dijaminkan secara fidusia dengan aset                secured by fiduciary transfer of related vehicle (see note
   terkait (lihat catatan 10).                                              10).

23. LIABILITAS PEMBONGKARAN ASET                                         23. ASSET DISMANTLING OBLIGATION

                                                         2023                2022

   Saldo awal                                                  -                    -                                 Beginning balance
   Penambahan                                            7.819.756                  -                                            Addition
   Akresi bunga (lihat catatan 35)                         528.647                  -                    Interest accretion (see note 35)
   Revaluasi mata uang                                      12.455                  -                               Currency revaluation

      Jumlah                                             8.360.858                  -                                            Total




                                                                    66
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


23. LIABILITAS PEMBONGKARAN ASET (Lanjutan)                            23. ASSET DISMANTLING OBLIGATION (Continued)

   Asumsi utama yang digunakan dalam perhitungan liabilitas               The key assumptions used in the calculation of the asset
   pembongkaran aset adalah sebagai berikut:                              dismantling obligations are as follows:

                                                       2023                2022

    Tingkat inflasi                                     1,49%                 -                                         Inflation rate
    Tingkat diskonto                                    6,76%                 -                                        Discount rate

   Candangan liabilitas pembongkaran aset merupakan provisi               Provision for dismantling obligation represents the
   yang dibuat oleh Grup untuk memenuhi syarat perjanjian                 provision set up by the Group to comply with the Rokan
   Proyek Pipa Rokan (lihat catatan 1d).                                  Pipeline Project agreements (see note 1d).

   Pencadangan liabilitas pembongkaran aset terkait Proyek                Provision for assets dismantling obligation related to Rokan
   Pipa Rokan sebesar AS$ 7.819.756 telah dikapitalisasi                  Pipeline Project amounting to US$ 7,819,756 was
   sebagai aset tetap (lihat catatan 10).                                 capitalized as fixed assets (see note 10).

   Manajemen berkeyakinan bahwa keseluruhan candangan                     Management believes that the provision for dismantling
   pembongkaran aset pada tanggal 31 Desember 2023 telah                  obligation as at December 31, 2023 is sufficient to meet the
   cukup untuk memenuhi kewajiban sebagaimana diatur oleh                 obligations as stipulated in the Rokan Pipeline Project
   perjanjian Proyek Pipa Rokan tersebut.                                 agreement.

24. LIABILITAS IMBALAN PASCA-KERJA                                     24. POST-EMPLOYMENT BENEFITS LIABILITIES

   Grup mengalihkan dana untuk program pensiun                            The Group transferred funds for its employee pension
   karyawannya pada Dana Pensiun Lembaga Keuangan                         program to the Financial Institution Pension Fund ("DPLK")
   ("DPLK") Manulife Indonesia berdasarkan perjanjian                     of Manulife Indonesia based on an agreement dated
   tertanggal 13 Oktober 2017 dan 26 Februari 2018, pada                  October 13, 2017 and February 26, 2018, to DPLK of PT
   DPLK PT Bank Mandiri (Persero) Tbk (lalu dialihkan ke                  Bank Mandiri (Persero) Tbk (then transferred to DPLK of
   DPLK PT Axa Mandiri Financial Service) dan pada DPLK                   PT Axa Mandiri Financial Service), and to DPLK of
   Asuransi Jiwa Tugu Mandiri berdasarkan perjanjian                      Asuransi Jiwa Tugu Mandiri based on an agreement dated
   tertanggal 1 Juli 2022, dimana Grup setuju untuk menunjuk              July 1, 2022, in which the Group agreed to appoint DPLK
   DPLK sebagai pengelola program pensiun bagi karyawan                   as the manager of the pension program for the Group's
   Grup sesuai dengan peraturan dana pensiun.                             employees in accordance with the pension fund
                                                                          regulations.

   Grup juga membukukan imbalan pasca-kerja imbalan pasti                 The Group also provides post-employment benefits for its
   untuk karyawan sesuai dengan peraturan yang berlaku.                   qualified employees in accordance with the prevailing law.
   Jumlah karyawan yang berhak atas imbalan pasca kerja                   The number of employees entitled to the benefits are 209
   tersebut adalah 209 karyawan pada tahun 2023 (2022: 225                employees in the year 2023 (2022: 225 employees).
   karyawan).

   Jumlah liabilitas imbalan pasca kerja yang diakui di laporan           Post-employment benefits liabilities recognised in the
   posisi keuangan konsolidasian pada tanggal 31 Desember                 consolidated statements of financial position as at
   2023 dan 2022 adalah sebagai berikut:                                  December 31, 2023 and 2022 are as follows:

                                                       2023                2022

   Nilai kini dari kewajiban yang didanai                 754.736            554.486                Present value of funded liabilities
   Nilai wajar dari aset program                         (590.641)          (431.724)                       Fair value of plan assets
   Dampak batas atas aset                                 117.499            117.262                      The effect of asset ceiling

   Defisit program yang didanai                           281.594            240.024                       Deficit of the funded plans
   Nilai kini kewajiban yang tidak didanai                268.753            324.884              Present value of unfunded liabilities

   Liabilitas - bersih                                    550.347            564.908                                   Liabilities - net




                                                                  67
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


24. LIABILITAS IMBALAN PASCA-KERJA (Lanjutan)                         24. POST-EMPLOYMENT             BENEFITS           LIABILITIES
                                                                          (Continued)

   Beban/(pendapatan) imbalan pasca-kerja yang diakui di                Post-employments benefit expenses/(income) recognized
   laporan laba rugi dan penghasilan komprehensif lain                  in the consolidated statement of profit or loss and other
   konsolidasian adalah:                                                comprehensive income are:

                                                       2023               2022

   Laporan laba rugi konsolidasian                                                                       Consolidated profit or loss
    Biaya jasa kini                                      165.996            176.938                            Current service cost
    Biaya jasa lalu                                     (150.143)          (251.814)                              Past service cost
    Biaya bunga atas liabilitas                           60.328             77.226                            Interest on liabilities
    Pendapatan bunga atas aset program                   (30.496)           (26.379)                Interest income on plan asset
    Dampak perubahan metode atribusi                         -             (215.940)        Impact of change in attribution method
    Lain-lain                                                -                5.293                                           Others

      Jumlah                                              45.685           (234.676)                                          Total

   Kerugian/(pendapatan) komprehensif lain                                                      Other comprehensive loss/(income)
    Rugi/(laba) aktuarial dari:                                                                        Actuarial losses/(gains) of:
     Perubahan asumsi keuangan                            99.552             29.841             Changes in financial assumption
     Penyesuaian pengalaman                               20.495                689                     Experience adjustments
     Aset program                                          9.922             10.765                                  Plan assets

       Jumlah                                            129.969             41.295                                          Total

   Beban/(pendapatan) imbalan pasca-kerja dialokasikan pada:            Post-employments benefit expenses/(income) are alocated
                                                                        to:

                                                       2023               2022

   Beban pokok pendapatan (lihat catatan 31)              30.860             50.107                  Cost of revenue (see note 31)
   Beban umum dan administrasi                           166.858            196.479            General and administrative expenses
     (lihat catatan 32)                                                                                             (see note 32)
   Pendapatan lain-lain (lihat catatan 33)              (152.033)          (481.262)                    Other income (see note 33)

    Jumlah                                                45.685           (234.676)                                            Total

   Mutasi liabilitas bersih imbalan kerja karyawan Grup adalah          The movement in the Group’s net post-employment
   sebagai berikut:                                                     benefits liabilities is as follows:

                                                       2023               2022

   Liabilitas pada awal tahun                            447.874            952.643              Liabilities at beginning of the year
   Laba rugi konsolidasian (lihat catatan 32)             45.685           (234.676)        Consolidated profit or loss (see note 32)
   Kerugian komprehensif lain konsolidasian              129.969             41.295         Consolidated other comprehensive loss
   Pembayaran iuran                                     (179.624)          (156.070)                                Contribution paid
   Pembayaran manfaat                                    (17.813)           (66.455)                                    Benefits paid
   Mutasi masuk/(keluar)                                     -                  218                                  Transfer in/(out)
   Perubahan selisih kurs                                  6.757            (89.081)                   Foreign exchange difference

   Liabilitas akhir tahun                                432.848            447.874                  Liabilities at ending of the year
   Dampak batas atas aset                                117.499            117.034                       The effect of asset ceiling

   Liabilitas bersih pada akhir tahun                    550.347            564.908               Net liabilities at ending of the year




                                                                 68
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                              PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                      STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                                As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                         then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                       (Expressed in full US Dollar amount, unless otherwise stated)


24. LIABILITAS IMBALAN PASCA-KERJA (Lanjutan)                                  24. POST-EMPLOYMENT                 BENEFITS         LIABILITIES
                                                                                   (Continued)

   Analisis sensitivitas terhadap perubahan asumsi aktuaria                       The sensitivity analysis of changes in significant actuarial
   signifikan pada tanggal 31 Desember 2023 dan 2022 adalah                       assumptions as at December 31, 2023 and 2022 are as
   sebagai berikut:                                                               follows:

                                                        2023                                  2022
                                            Nilai kini         Biaya               Nilai kini        Biaya
                                           liabilitas/       jasa kini/           liabilitas/      jasa kini/
                                         Present value        Current           Present value       Current
   Perubahan asumsi                       of liabilities   service cost          of liabilities  service cost           Changes in assumptions

   Kenaikan tingkat diskonto 1%               986.267          444.106               823.839           167.389 Discount rate increase by 1%
   Penurunan tingkat diskonto 1%            1.162.231          504.546               941.644           193.200 Discount rate decrease by 1%
   Kenaikan pertumbuhan gaji 1%             1.161.104          504.528               946.398           194.208 Salary growth increase by 1%
   Penurunan pertumbuhan gaji 1%              985.853          443.635               818.450           166.356 Salary growth decrease by 1%

   Perhitungan imbalan pasca-kerja dihitung oleh aktuaris                         The cost of providing post-employment benefits is
   independent Yusi dan Rekan. Asumsi utama yang                                  calculated by independent actuary, Yusi and Rekan. The
   digunakan dalam menentukan penilaian aktuaris tanggal 31                       actuarial valuation as at December 31, 2023 and 2022 was
   Desember 2023 dan 2022 adalah sebagai berikut:                                 carried out using the following key assumptions:

                                                             2023                  2022

   Tingkat diskonto                                      6,37% - 7,10%     5,52% - 7,43%                                          Discount rate
   Tingkat pertumbuhan gaji                                       3,00% - 5,00%                                              Salary growth rate
   Usia pensiun normal                                           56 tahun / years                                         Normal retirement age
   Tingkat kematian                                                TMI *) 2019                                                     Mortality rate
   Tingkat cacat                                             10% dari/of TMI *) 2019                                              Disability rate

      *) = Tabel mortalita Indonesia                                                 *) = Indonesian mortality table

25. LIABILITAS      IMBALAN            PENSIUN     DIREKSI      DAN            25. PENSION BENEFIT OBLIGATION FOR DIRECTORS
    KOMISARIS                                                                      AND COMMISSIONERS

   Grup mencatat cadangan pensiun per 31 Desember 2023                            The Group records provision for post-retirement benefits as
   dan 2022 untuk Dewan Direksi dan Komisaris. Perhitungan                        at December 31, 2023 and 2022 for the Board of Directors
   atas cadangan pensiun tersebut telah sesuai dengan                             and Commissioners. The calculation of provision for post-
   kebijakan Grup tertanggal 29 Mei 2017.                                         retirement benefits is according with with the Group policy
                                                                                  dated May 29, 2017.

   Jumlah liabilitas imbalan pensiun direksi dan komisaris yang                   Pension benefit obligation for directors and commisioners
   diakui di laporan posisi keuangan konsolidasian pada                           recognised in the consolidated statements of financial
   tanggal 31 Desember 2023 dan 2022 adalah sebagai                               position as at December 31, 2023 and 2022 are as follows:
   berikut:

                                                              2023                 2022

   Nilai kini dari kewajiban yang didanai                     1.443.310            1.115.211                  Present value of funded obligation
   Nilai wajar dari aset program                               (646.590)            (775.932)                          Fair value of plan assets

   Defisit program yang didanai                                 796.720              339.279                          Deficit of the funded plans
   Nilai kini kewajiban yang tidak didanai                      252.499              381.359                Present value of unfunded obligation

   Liabilitas - bersih                                        1.049.219              720.638                                      Liabilities - net




                                                                          69
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                          PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                  STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                            As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                     then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                   (Expressed in full US Dollar amount, unless otherwise stated)


25. LIABILITAS  IMBALAN          PENSIUN          DIREKSI      DAN         25. PENSION BENEFIT OBLIGATION FOR DIRECTORS
    KOMISARIS (Lanjutan)                                                       AND COMMISSIONERS (Continued)

   Mutasi liabilitas bersih di laporan          posisi     keuangan           Movements in the net liability recognized in the
   konsolidasian adalah sebagai berikut:                                      consolidated statements of financial position are as follows:

                                                             2023              2022

   Pada awal tahun                                                                                           At the beginning of the year
    Liabilitas pensiun                                         720.638           614.465                     Pension benefits obligation
    Nilai wajar dari aset program                              (78.979)         (102.894)                      Fair value of plan assets

      Jumlah liabilitas bersih awal tahun                      641.659           511.571

   Laba rugi konsolidasian (lihat catatan 32)                  439.745           310.481         Consolidated profit or loss (see note 32)
   Rugi komprehensif lain konsolidasian                         36.267           (15.476)        Consolidated other comprehensive loss
   Pembayaran iuran dan penambahan                                                                 Contribution payment and increase in
    aset program                                               (27.824)          (28.576)                                      plan asset
   Pembayaran manfaat                                         (237.567)              -             Benefit payments through plan asset
   Realisasi aset program                                      200.314            80.240                       Realization of plan assets
   Selisih kurs                                                (10.786)         (216.581)                               Foreign exchange

   Saldo akhir                                               1.041.808           641.659                                   Ending balance

   Aset program (lihat catatan 14)                               (7.411)          (78.979)                      Plan assets (see note 14)

   Liabilitas                                                1.049.219           720.638                                         Liabilities

   Grup mengalihkan dana untuk program pensiun karyawan                       The Group transferred funds for its employees and
   dan direksinya pada Dana Pensiun Lembaga Keuangan                          directors pension program to the Financial Institution
   ("DPLK") Manulife Indonesia berdasarkan perjanjian                         Pension Fund ("DPLK") of Manulife Indonesia based on an
   tertanggal 13 Oktober 2017 dan 26 Februari 2018, dan pada                  agreement dated October 13, 2017 and February 26, 2018,
   DPLK PT Bank Mandiri (Persero) Tbk (lalu dialihkan ke                      and to DPLK of PT Bank Mandiri (Persero) Tbk (then
   DPLK PT Axa Mandiri Financial Service), dimana Grup                        transferred to DPLK of PT Axa Mandiri Financial Service),
   setuju untuk menunjuk DPLK sebagai pengelola program                       in which the Group agreed to appoint DPLK as the
   pensiun bagi karyawan dan direksi Grup sesuai dengan                       manager of the pension program for the Group's
   peraturan dana pensiun.                                                    employees and directors in accordance with the pension
                                                                              fund regulations.

26. MODAL SAHAM                                                            26. SHARE CAPITAL

   Susunan pemegang saham pada tanggal 31 Desember 2023                       The compositions of shareholders as at December 31,
   dan 2022, adalah sebagai berikut:                                          2023 and 2022 are as follows:

                                       Lembar             Persentase
                                       Saham/            Kepemilikan/              Jumlah/Total
                                      Number of          Percentage of        Rupiah/         Dolar AS/
   Pemegang saham                      Shares             Ownership           Rupiah         US Dollars                      Shareholders

   2023                                                                                                                       2023
    PT Sentosa Bersama Mitra 1.434.937.404                   33,95%         35.873.435.100       3.722.031 PT Sentosa Bersama Mitra
    Tn. Hapsoro               1.205.491.300                  28,52%         30.137.282.500       3.126.879              Mr. Hapsoro
    PT Basis Utama Prima        487.994.472                  11,54%         12.199.861.800       1.265.791    PT Basis Utama Prima
    PT Zeze Ajuwel Tambang      280.469.500                   6,64%          7.011.737.500         727.499 PT Zeze Ajuwel Tambang
    Masyarakat, masing-masing
    dengan kepemilikan                                                                                                 Public, each with
     dibawah 5%                 818.189.824                  19,36%         20.454.745.600       2.122.272         ownership below 5%

      Jumlah                         4.227.082.500          100,00%        105.677.062.500      10.964.473                       Total




                                                                      70
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


26. MODAL SAHAM (Lanjutan)                                           26. SHARE CAPITAL (Continued)

                                   Lembar         Persentase
                                   Saham/        Kepemilikan/                 Jumlah/Total
                                  Number of      Percentage of           Rupiah/         Dolar AS/
   Pemegang saham                  Shares         Ownership              Rupiah         US Dollars                      Shareholders

   2022                                                                                                                 2022
    PT Sentosa Bersama Mitra 1.358.285.004           32,13%           33.957.125.100       3.523.205 PT Sentosa Bersama Mitra
    Tn. Hapsoro               1.205.491.300          28,52%           30.137.282.500       3.126.879              Mr. Hapsoro
    PT Basis Utama Prima        487.994.472          11,54%           12.199.861.800       1.265.791    PT Basis Utama Prima
    Masyarakat, masing-masing
    dengan kepemilikan                                                                                           Public, each with
     dibawah 5%               1.175.311.724          27,80%           29.382.793.100       3.048.598         ownership below 5%

      Jumlah                    4.227.082.500       100,00%          105.677.062.500     10.964.473                          Total

   Per 31 Desember 2023, 15% saham Perusahaan milik PT                  As at December 31, 2023, 15% of the Company's shares
   Sentosa Bersama Mitra dijadikan sebagai jaminan atas                 owned by PT Sentosa Bersama Mitra were used as
   pinjaman dari Mandiri (lihat catatan 21).                            collateral for the loan from Mandiri (see note 21).

   Perubahan jumlah lembar saham beredar sejak tahun 2003               Changes in the number of shares outstanding from 2003 to
   hingga 31 Desember 2023 sebagai berikut:                             December 31, 2023 as follows:

                                                  Lembar saham/Number of shares
                                                    2023             2022

   Jumlah per 1 Januari 2003                        170.000.000           170.000.000                    Total as at January 1, 2003
   Penawaran umum perdana tahun 2003                120.000.000           120.000.000                   Initial public offering in 2003
   Pelaksanaan waran tahun 2004                         175.000               175.000                  Execution of warrants in 2004
   Penawaran umum terbatas I tahun 2006             362.718.750           362.718.750                            Right issue I in 2006
   Pelaksanaan waran tahun 2006                      26.620.000            26.620.000                  Execution of warrants in 2006
   Penawaran umum terbatas II tahun 2016            339.756.875           339.756.875                            Right issue II in 2016
   Pemecahan saham rasio 1 : 4 tahun 2017         3.057.811.875         3.057.811.875                   Stock split ratio 1 : 4 in 2017
   Penawaran umum terbatas III tahun 2018           150.000.000           150.000.000                           Right issue III in 2018

      Jumlah lembar saham                         4.227.082.500         4.227.082.500                      Total number of shares

27. CADANGAN UMUM DAN DIVIDEN KAS                                    27. GENERAL RESERVE AND CASH DIVIDENDS

   Berdasarkan Rapat Umum Pemegang Saham Tahunan                        Based on Annual General Meeting of Shareholders with
   yang diaktakan dengan akta notaris No. 69 tanggal 29 Mei             notarial deed No. 69 dated May 29, 2023 of Rini Yulianti,
   2023 dari notaris Rini Yulianti, S.H., para pemegang saham           S.H., the shareholders approved to provide reserve funds
   penyetujui untuk penyisihan dana cadangan sebesar Rp                 amounting to Rp 100,000,000 or equivalent to US$ 6,709
   100.000.000 atau setara dengan AS$ 6.709 dan                         and to distribute cash dividends amounting to Rp
   membagikan dividen kas sebesar Rp 67.083.799.275 (Rp                 67,083,799,275 (Rp 15.87 per share) or equivalent to US$
   15,87 per saham) atau setara dengan AS$ 4.500.000 (AS$               4,500,000 (US$ 0.00106 per share). This cash dividends
   0,00106 per saham). Dividen kas ini telah dibagikan kepada           has been distributed to the shareholders in the year 2023.
   para pemegang saham pada tahun 2023.

   Berdasarkan Rapat Umum Pemegang Saham Tahunan                        Based on Annual General Meeting of Shareholders with
   yang diaktakan dengan akta notaris No. 37 tanggal 22 Juni            notarial deed No. 37 dated June 22, 2022 of Rini Yulianti,
   2022 dari notaris Rini Yulianti, S.H., para pemegang saham           S.H., the shareholders approved to provide reserve funds
   penyetujui untuk penyisihan dana cadangan sebesar Rp                 amounting to Rp 100,000,000 or equivalent to US$ 6,755
   100.000.000 atau setara dengan AS$ 6.755 dan                         and to distribute cash dividends amounting to Rp
   membagikan dividen kas sebesar Rp 29.505.035.850 (Rp                 29,505,035,850 (Rp 6.98 per share) or equivalent to US$
   6,98 per saham) atau setara dengan AS$ 1.993.045 (AS$                1,993,045 (US$ 0.00047 per share). This cash dividends
   0,00047 per saham). Dividen kas ini telah dibagikan kepada           has been distributed to the shareholders in the year 2022.
   para pemegang saham pada tahun 2022.




                                                                71
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


28. EKUITAS LAINNYA                                                      28. OTHER EQUITY

   a. Tambahan modal disetor                                                 a. Additional paid in capital

                                                         2023                 2022

      Penawaran umum perdana                               121.470              121.470                               Initial public offering
      Biaya emisi saham                                    (80.124)             (80.124)                             Stock issuance costs
      Emisi penawaran umum terbatas I                      (76.732)             (76.732)                            Emition of iight issue I
      Pelaksanaan waran I                                   27.123               27.123                              Exercise of warrants
      Emisi penawaran umum terbatas II                    (188.011)            (188.011)                           Emition of right issue II
      Pelaksanaan waran II                              21.331.852           21.331.852                            Exercise of warrants II
      Emisi penawaran umum terbatas III                  1.957.188            1.957.188                                       Right Issue III
      Deklarasi aset pengampunan pajak                     139.189              139.189                 Declaration of tax amnesty assets

        Jumlah                                          23.231.955           23.231.955                                            Total

   b. Selisih ekuitas dari setoran Entitas Anak                              b. The difference in the equity of Subsidiaries deposits

      Sesuai dengan akta No. 20 tanggal 31 Juli 2015 dari                       In accordance with notarial deed No. 20 dated July 31,
      notaris Rini Yulianti, S.H., PT Triguna Internusa Pratama,                2015 of Rini Yulianti, S.H., PT Triguna Internusa
      entitas anak, telah mengeluarkan saham baru sebanyak                      Pratama, a subsidiary, issued new shares amounting
      24.381 lembar saham dengan nilai sebesar AS$                              24,381 shares with a value of US$ 12,500,000 were
      12.500.000 yang dijual kepada Itochu Corporation.                         sold to Itochu Corporation. The paid in share represent
      Setoran saham tersebut merupakan proporsi 33%                             the proportion of Itochu Corporation's 33% share
      kepemilikan saham Itochu Corporation di PT Triguna                        ownership in PT Triguna Internusa Pratama. The
      Internusa Pratama. Transaksi penambahan saham                             transaction resulted in additional shares of stock
      tersebut menghasilkan selisih investasi saham PT Rukun                    investment difference PT Rukun Raharja Tbk in PT
      Raharja Tbk pada PT Triguna Internusa Pratama dengan                      Triguna Internusa Pratama with detail as follows:
      rincian sebagai berikut:


                                                  Jumlah            Kepemilikan/Ownership
                                                  ekuitas/          PT Rukun Raharja Tbk
                                                   Total                         Dolar AS/
                                                   equity            (%)         US Dollar

   Saldo awal                                      8.553.326        99,98%            8.551.616                         Beginning balance
   Ekuitas TIP sebelum penyertaan                                                                      Equity of TIP before Investment of
    Itochu Corporation                             8.551.616         67%              5.729.583                       Itochu Corporation
   Penyertaan saham Itochu Corporation            12.500.000         67%              8.375.000         Investment of Itochu Corporation
   Ekuitas TIP setelah penyertaan                                                                        Equity of TIP after Investment of
    Itochu Corporation                            21.051.616                        14.104.583                       Itochu Corporattion
   Kenaikan nilai tambahan modal disetor          12.500.000                          5.552.967      Increase of additional paid in capital

29. KEPENTINGAN NONPENGENDALI                                            29. NON-CONTROLLING INTERESTS

                                                         2023                 2022
   Nilai tercatat awal                                  24.446.999           23.332.147                        Beginning carrying amount
   Bagian laba tahun berjalan - bersih                   1.542.946            2.017.770                   Share of profit for the year - net
   Bagian penghasilan/(rugi) komprehensif                                                         Share of comprehensive income/(loss)
    tahun berjalan - bersih                                (36.187)              (8.612)                                 for the year - net
   Dividen tunai                                        (1.030.967)            (846.849)                                    Cash dividends
   Deklarasi aset pengampunan pajak                            -                  2.096                 Declaration of tax amnesty assets
   Akuisisi entitas anak/transaksi dengan                                                      Acquisition of subsidiaries/transaction with
    kepentingan nonpengendali                                   -                (49.553)                         non-controlling interest

      Jumlah                                            24.922.791           24.446.999                                             Total




                                                                    72
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


30. PENDAPATAN BERSIH                                                30. NET REVENUE

                                                     2023                2022
   Pihak ketiga                                                                                                         Third parties
    Penjualan gas                                   101.151.033          99.267.887                                   Sales of gas
    Lifting minyak dan gas                           47.041.922                 -                               Oil and gas lifting
    Jasa penyaluran minyak kerja sama operasi        31.527.938           7.844.232                Joint operation oil toll services
    Operasi dan pemeliharaan                          9.658.733           4.154.838                  Operating and maintenance
    Jasa penyaluran gas                               7.624.310           8.823.774                              Gas toll services
    Jasa fasilitas LPG                                2.408.146           2.353.323                          LPG facility services
    Jasa kompresi dan                                                                                       Gas compression and
      transmisi gas                                   1.887.102           2.409.736                       transmission services
    Sewa tangki                                       1.039.640           1.091.091                                     Tank rental
    Lain-lain                                         1.407.136             741.207                                          Others

      Jumlah                                        203.745.960         126.686.088                                         Total

   Rincian pelanggan yang memiliki transaksi pendapatan lebih           Details of customers with revenue transactions that
   dari 10% dari total pendapatan usaha konsolidasian untuk             represent more than 10% of the total consolidated revenue
   tahun yang berakhir pada tanggal 31 Desember 2023 dan                for the years ended December 31, 2023 and 2022 are as
   2022 adalah sebagai berikut:                                         follows:

                                                     2023                2022

   Pihak ketiga                                                                                                     Third parties
    PT PLN (Persero)                                 30.452.092          30.684.035                            PT PLN (Persero)
    PT GPI Jabung Indonesia                          47.041.922                 -                       PT GPI Jabung Indonesia

      Jumlah                                         77.494.014          30.684.035                                         Total

   Persentase dari jumlah pendapatan usaha           38,03%              24,22%                     Percentage from total revenue

31. BEBAN POKOK PENDAPATAN                                           31. COST OF REVENUE

                                                      2023               2022

   Pembelian gas                                     73.637.314         71.745.331                                  Gas purchases
   Lifting minyak dan gas                            17.656.000                -                                  Oil and gas lifting
   Penyusutan aset tetap (lihat catatan 10)          11.974.879          7.248.782        Depreciation of fixed asset (see note 10)
   Penyaluran gas                                     8.271.240          9.360.577                               Gas transportation
   Beban kerja sama operasi                           7.486.018          1.991.311                         Joint operation expense
   Perbaikan dan pemeliharaan                         6.894.508          3.378.352                        Repair and maintenance
   Gaji dan tunjangan                                 2.857.477          2.920.742                          Salaries and allowance
   Deplesi properti minyak dan gas                                                             Depletion of oil and gas properties
     (lihat catatan 13)                               2.665.181                -                                     (see note 13)
   Sewa                                               1.397.771          1.077.237                                             Rent
   Penyusutan aset hak guna                                                                    Depreciation of right of use assets
     (lihat catatan 11a)                                973.846            996.314                                 (see note 11a)
   Iuran BPH Migas                                      796.810            794.051                      Contribution to BPH Migas
   Alih jasa                                            739.411            194.914                                     Outsourcing
   Pajak dan perijinan                                  472.069            343.274                              Taxes and licenses
   Pengiriman, perjalanan dan transportasi              312.608            371.493          Delivery, travelling and transportation
   Asuransi                                             224.646            139.548                                       Insurance
   Komisi                                               129.523            151.095                                    Commissions
   Imbalan pasca-kerja (lihat catatan 24)                30.860             50.107        Post-employment benefits (see note 24)
   Lain-lain                                          1.285.841            864.169                                           Others

      Jumlah                                        137.806.002        101.627.297                                          Total




                                                                73
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


31. BEBAN POKOK PENDAPATAN (Lanjutan)                                 31. COST OF REVENUE (Continued)

   Rincian pemasok yang memiliki transaksi lebih dari 10% dari           The details of suppliers with transactions that represent
   total pendapatan usaha konsolidasian untuk tahun yang                 more than 10% of the total consolidated revenue for the
   berakhir pada tanggal 31 Desember 2023 dan 2022 adalah                years ended December 31, 2023 and 2022 are as follows:
   sebagai berikut:

                                                      2023                2022

   Pembelian gas                                                                                                   Gas purchases
    Medco E&P Grissik Ltd (dahulu:                                                               Medco E&P Grissik Ltd (previously:
     Conoco Philips Ltd)                              34.257.212          28.529.442                        Conoco Philips Ltd)
    PT Pertamina EP                                   29.247.074          31.451.779                           PT Pertamina EP

      Jumlah                                          63.504.286          59.981.221                                           Total

   Persentase dari jumlah pendapatan usaha            31,17%              47,35%                      Percentage from total revenue

32. BEBAN UMUM DAN ADMINISTRASI                                       32. GENERAL AND ADMINISTRATIVE EXPENSES

                                                       2023               2022

   Gaji dan tunjangan                                 10.315.204          6.395.044                            Salaries and allowance
   Jasa konsultan/profesional                          2.847.993          1.837.924                        Consultant/professional fee
   Pajak dan perijinan                                   962.942          1.375.587                                Taxes and licenses
   Jamuan dan sumbangan                                  620.229            511.939                        Entertainment and donation
   Penyusutan aset tetap (lihat catatan 10)              611.739            512.415        Depreciation of fixed asset (see note 10)
   Perjalanan dinas                                      574.744            445.537                                    Office travelling
   Pensiun direksi dan komisaris                                                         Retirement of directors and commissioners
    (lihat catatan 25)                                   439.745            310.481                                     (see note 25)
   Keamanan                                              280.317            223.024                                            Security
   Keperluan kantor                                      277.939            133.231                                     Office supplies
   Imbalan pasca-kerja (lihat catatan 24)                166.858            196.479        Post-employment benefits (see note 24)
   Sewa                                                  165.229            164.649                                               Rent
   Perbaikan dan pemeliharaan                             75.618             78.578                           Repair and maintenance
   Utilitas (telepon, listrik dan air)                    43.745            138.793        Utilities (telephone, electricity and water)
   Penyusutan aset hak guna                                                                        Depreciation of right of use assets
    (lihat catatan 11a)                                   31.554             56.972                                   (see note 11a)
   Lainnya                                               480.872            352.876                                              Others

      Jumlah                                          17.894.728         12.733.529                                            Total

33. PENDAPATAN LAIN-LAIN                                              33. OTHERS INCOME

                                                       2023               2022

   Kurtailmen dan dampak perubahan metode                                                        Curtailment and impact of change in
    atribusi imbalan pasca-kerja                                                            attribution method of post-employment
      (lihat catatan 24)                                 152.033            481.262                          benefits (see note 24)
   Bunga giro dan deposito                                                                         Interest from current account and
    berjangka                                            105.327            136.736                                 and time deposit
   Kompensasi atas komitmen volume                        97.521             56.685          Compensation for volume commitment
   Laba atas pelepasan aset tetap - bersih                                                   Gain on disposals of fixed assets - net
    (lihat catatan 10)                                    43.356                -                                       (see note 10)
   Lain-lain                                             229.385            280.179                                            Others

      Jumlah                                             627.622            954.862                                            Total




                                                                 74
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


34. BEBAN LAIN-LAIN                                                    34. OTHER EXPENSES

                                                       2023                2022

   Penurunan aset hak kontraktual                                                              Impairment of project contractual right
    proyek (lihat catatan 37a)                         3.038.938              54.469                            assets (see note 37a)
   Pencadangan penurunan nilai piutang - bersih        1.547.750             531.208     Allowance for impairment of receivables - net
   Amortisasi hak kontraktual proyek                     896.087             896.087          Amortisation of project contractual right
   Administrasi bank                                     517.506             543.839                                     Bank charges
   Penyusutan nilai aset tetap (lihat catatan 10)        258.244             316.668         Depreciation of fixed asset (see note 10)
   Beban pajak                                           237.658              32.812                                     Tax expenses
   Rugi atas pelepasan aset tetap - bersih                                                     Loss on disposals of fixed assets - net
    (lihat catatan 10)                                       -                46.137                                    (see note 10)
   Lain-lain                                              62.393               7.496                                            Others

      Jumlah                                           6.558.576           2.428.716                                             Total

35. BEBAN KEUANGAN/BUNGA                                               35. FINANCE/INTEREST COSTS

                                                       2023                2022

   Pihak ketiga                                                                                                         Third parties
    Bunga pinjaman bank                                                                                     Interest of bank loans
      PT Bank Mandiri (Persero) Tbk                    7.612.190           6.336.616              PT Bank Mandiri (Persero) Tbk
      PT Bank HSBC Indonesia                             117.026              53.384                  PT Bank HSBC Indonesia
      PT Bank Negara Indonesia (Persero) Tbk                 -                 1.897     PT Bank Negara Indonesia (Persero) Tbk
      PT Bank Syariah Indonesia Tbk                          -                   971             PT Bank Syariah Indonesia Tbk
       Jumlah bunga pinjaman bank                      7.729.216           6.392.868                   Total interest of bank loans

    Biaya pinjaman                                       581.314             598.055                                  Borrowing costs
    Bunga akresi (lihat catatan 23)                      528.647                 -                  Accretion interest (see note 23)
    Bunga liabilitas sewa dan pinjaman                                                    Interest on lease liabilities and consumer
     pembiayaan konsumen                                 351.875              84.829                                  financing loans
    Bunga lain-lain                                       73.993              21.008                                     Other interest

      Jumlah                                           9.265.045           7.096.760                                            Total

    Dikurangi:                                                                                                           Deducted by:
     Biaya pinjaman yang dikapitalisasi                       -           (4.390.704)                      Capitalized borrowing cost

       Jumlah - bersih                                 9.265.045           2.706.056                                       Total - net

36. LABA BERSIH PER SAHAM DASAR DAN DILUSIAN                           36. BASIC AND DILUTED EARNINGS PER SHARE

                                                       2023                2022

   Laba bersih yang dapat diatribusikan                                                                  Net income attributable to the
    kepada pemilik entitas induk                      25.606.534             8.821.573                    owners of the parent entity

   Rata-rata tertimbang jumlah saham                                                                     Weighted-average number of
    yang beredar                                    4.227.082.500        4.227.082.500                   ordinary shares outstanding

   Laba bersih per saham - Dasar dan dilusian            0,00606              0,00209          Earnings per share - Basic and diluted

   Grup tidak memiliki efek yang bersifat dilutif untuk tahun-            The Group did not have any dilutive instrument for the
   tahun yang berakhir pada tanggal 31 Desember 2023 dan                  years ended December 31, 2023 and 2022.
   2022.




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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


37. HAK KONTRAKTUAL PROYEK DAN GOODWILL                                37. PROJECT CONTRACTUAL             RIGHT      ASSETS      AND
                                                                           GOODWILL

   a. Aset hak kontraktual proyek                                        a. Project contractual right assets

      Aset hak kontraktual proyek merupakan aset takberwujud                Project contractual rights assets represent intangible
      terkait kuasa jual gas yang diperoleh PDPDE dari SEG,                 assets related to the power of attorney to sales of gas
      sehubungan perjanjian jual beli gas antara SEG dan PLN.               from PDPDE from SEG, in connection with the gas sale
      Hak kontraktual proyek ini diamortisasi selama delapan                and purchase agreement between SEG and PLN.
      belas (18) tahun mulai tahun 2014.                                    Project contractual rights assets are amortized over
                                                                            eighteen (18) years starting in 2014.

                                                        2023               2022

      Nilai perolehan                                 16.129.558          16.129.558                                   Acquisition cost

      Akumulasi amortisasi                                                                                 Accumulated amortisation
       Awal tahun                                      (8.064.781)        (7.168.694)                         Beginning of the year
       Penambahan tahun berjalan                         (896.087)          (896.087)                      Addition of currrent year

       Akhir tahun                                     (8.960.868)        (8.064.781)                              Ending of the year

      Penurunan nilai                                  (3.093.407)           (54.469)                                      Impairment
       Nilai buku                                       4.075.283          8.010.308                                      Book value

      Kontrak antara SEG dengan PLN telah berakhir pada                     The contract between SEG and PLN has expired in
      tahun 2019, namun manajemen memutuskan masih                          2019, however management decided to still recognize
      mengakui aset hak kontraktual proyek ini sehubungan                   the project contractual rights assets due to the Contract
      dengan adanya Kewajiban Kontrak antara SEG dan PLN                    Obligations between SEG and PLN that have not been
      yang belum dibayarkan oleh PLN.                                       paid by PLN.

      Manajemen juga telah menunjuk KJPP Ferdinand, Danar,                  Management has appointed KJPP Ferdinand, Danar,
      Ichsan dan Rekan, penilai independen, untuk menilai nilai             Ichsan and Partners, an independent appraiser, to
      wajar aset takberwujud berupa hak kontraktual PDPDE                   assess the fair value of intangible assets in the form of
      dengan menggunakan pendekatan berbasis pendapatan                     PDPDE contractual rights using the income based
      (income based approach ) melalui Multi-Period Excess                  approach through the Multi-Period Excess Earning
      Earning Method yang menghasilkan nilai wajar hak                      Method which resulting the fair value of contractual
      kontraktual PDPDE per 31 Desember 2023 dan 2022                       rights of PDPDE as at December 31, 2023 and 2022 are
      adalah masing-masing sebesar AS$ 4.075.283 dan                        respectively amounting to US$ 4,075,283 and
      AS$ 8.010.308.                                                        US$ 8,010,308.

   b. Goodwill                                                           b. Goodwill

                                                        2023               2022

      Nilai perolehan                                                                                                 Acquisition cost
       PT Energasindo Heksa Karya                     11.757.597          11.757.597                  PT Energasindo Heksa Karya
       PT Panji Raya Alamindo                          9.621.518           9.621.518                       PT Panji Raya Alamindo
       PT Majuko Utama Indonesia                       1.568.091           1.568.091                   PT Majuko Utama Indonesia
       PT Artha Prima Energy                             978.503             978.503                         PT Artha Prima Energy
       PT Artifisial Teknologi Persada                   722.068             722.068                 PT Artifisial Teknologi Persada
       PT Triguna Internusa Pratama                      269.111             269.111                 PT Triguna Internusa Pratama

        Jumlah                                        24.916.888          24.916.888                                         Total

    Akumulasi penurunan nilai                            (269.111)          (212.597)                          Accumulated impairment

        Nilai buku                                    24.647.777          24.704.291                                   Book value

      Pengujian penurunan nilai atas goodwill dilakukan setiap              Goodwills are tested for impairment annually and when
      tahun dan ketika terdapat suatu indikasi bahwa nilai                  circumstances indicate the carrying value may be
      tercatatnya mengalami penurunan nilai.                                impaired.



                                                                  76
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


37. HAK KONTRAKTUAL           PROYEK       DAN     GOODWILL             37. PROJECT CONTRACTUAL             RIGHT     ASSETS      AND
    (Lanjutan)                                                              GOODWILL (Continued)

   b. Goodwill (Lanjutan)                                                  b. Goodwill (Continued)

      Manajemen telah menunjuk KJPP Ferdinand, Danar,                         Management has appointed KJPP Ferdinand, Danar,
      Ichsan dan Rekan (dahulu, KJPP Desmar, Ferdinand,                       Ichsan and Partners, an independent appraiser, to
      Hentriawan dan Rekan), penilai independen, untuk                        assess the recoverable value of the goodwill. The
      menilai nilai yang dapat terpulihkan dari goodwill                      recoverable amount was determined based on
      tersebut. Nilai terpulihkan ditentukan berdasarkan                      calculations using an Income based approach through
      perhitungan melalui pendekatan berbasis Pendapatan                      the 6 (six) year Discounted Cash Flow method and the
      melalui metode Diskonto Arus Kas 6 (enam) tahun dan                     Asset bases approach through the Adjusted Book Value
      pendekatan Aset melalui metode Penyesuaian Aset                         method and Excess Earning method. The recoverable
      Bersih dan metode Kapitalisasi Kelebihan Pendapatan.                    amount is categorised as level 3 in the fair value
      Nilai terpulihkan tersebut dikategorikan sebagai tingkat 3              hierarchy.
      dalam hierarki nilai wajar.

      Asumsi kunci yang digunakan dalam perhitungan pada                      Key assumptions used in the calculation as at
      tanggal 31 Desember 2023 adalah:                                        December 31, 2023 are:

      - Tingkat diskonto, Grup memilih menggunakan biaya                      - Discount rate, the Company has chosen to use the
        modal rata-rata tertimbang (weighted average cost of                    weighted average cost of capital ("WACC") as the
        capital ("WACC")) sebagai tingkat diskonto untuk arus                   discount rate for the discounted cash flows. The
        kas yang didiskontokan. Estimasi WACC yang                              WACC applied was 8.63%.
        digunakan adalah 8,63%.
      - Discount For Lack of Marketabilities ("DLOM"), adalah                 - Discount For Lack of Marketabilities ("DLOM") was
        sebesar 20%.                                                            20%.

38. TRANSAKSI-TRANSAKSI DAN SALDO DENGAN PIHAK-                         38. RELATED PARTIES TRANSACTIONS AND BALANCES
    PIHAK BERELASI

   Dalam kegiatan usaha normal, Grup melakukan transaksi                   In conducting its normal business, the Group entered into
   usaha dan keuangan dengan pihak-pihak berelasi dengan                   certain business and financial transactions with its related
   rincian sebagai berikut:                                                parties with details are as follows:

   a. Saldo piutang lain-lain dengan pihak berelasi pada                   a. Other receivable from related parties as at December
      tanggal 31 Desember 2023 dan 2022, terdiri dari:                        31, 2023 and 2022 consist of:

                                                        2023                2022

      PT Sentosa Bersama Mitra                           5.525.493                -                        PT Sentosa Bersama Mitra
      Direksi dan karyawan                                 555.796            309.484                       Directors and employees

        Jumlah                                           6.081.289            309.484                                          Total

      Persentase terhadap jumlah aset                                                                      Percentage of consolidated
       konsolidasian                                         1,85%               0,12%                                   total assets

      PT Sentosa Bersama Mitra ("SBM")                                        PT Sentosa Bersama Mitra ("SBM")

      Pada tanggal 9 Maret 2023, Perusahaan dan SBM                           On March 9 2023, the Company and SBM entered into a
      melakukan perjanjian pinjaman yang menyebutkan bahwa                    loan agreement which stated that the Company agreed
      Perusahaan sepakat untuk memberikan pinjaman kepada                     to provide a loan to SBM of a maximum of IDR
      SBM maksimal Rp 3.000.000.000 (setara AS$ 194.603)                      3,000,000,000 (equivalent to US$ 194,603) for working
      untuk keperluan modal kerja. Jangka waktu perjanjian ini                capital purposes. The term of this agreement is until
      sampai dengan tanggal 8 Maret 2024 dan dapat                            March 8, 2024 and can be extended by agreement of
      diperpanjang dengan kesepakatan kedua belah pihak.                      both parties. Until the reporting date, the agreement is
      Sampai dengan tanggal pelaporan, perjanjian tersebut                    still undergoing extension processes.
      masih dalam proses perpanjangan.




                                                                   77
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


38. TRANSAKSI-TRANSAKSI DAN SALDO DENGAN PIHAK-                       38. RELATED PARTIES TRANSACTIONS AND BALANCES
    PIHAK BERELASI (Lanjutan)                                             (Continued)

   a. Saldo piutang lain-lain dengan pihak berelasi pada                a. Other receivable from related parties as at December
      tanggal 31 Desember 2023 dan 2022, terdiri dari:                     31, 2023 and 2022 consist of: (Continued)
      (Lanjutan)

      PT Sentosa Bersama Mitra ("SBM") (Lanjutan)                            PT Sentosa Bersama Mitra ("SBM") (Continued)

      Pada tanggal 18 September 2023, Perusahaan dan SBM                     On September 18, 2023, the Company and SBM
      melakukan perjanjian pinjaman yang menyebutkan bahwa                   entered into a loan agreement which stated that the
      Perusahaan akan memberikan pinjaman kepada SBM                         Company would provide a loan to SBM amounting to
      sebesar USD 5.000.000 untuk keperluan modal kerja                      USD 5,000,000 for temporary working capital purposes.
      sementara. Jangka waktu perjanjian ini sampai dengan                   The term of this agreement is until December 17, 2023
      tanggal 17 Desember 2023 dan dapat diperpanjang                        and can be extended by agreement of both parties. Until
      dengan kesepakatan kedua belah pihak. Sampai dengan                    the reporting date, the agreement is still undergoing
      tanggal pelaporan, perjanjian tersebut masih dalam                     extension processes.
      proses perpanjangan.

   b. Saldo utang lain-lain dengan pihak berelasi pada tanggal          b. Other payable to related parties as at December 31,
      31 Desember 2023 dan 2022, terdiri dari:                             2023 and 2022 consist of:

                                                       2023                 2022

      PT Sentosa Bersama Mitra                           545.000                   -                     PT Sentosa Bersama Mitra

      Persentase terhadap jumlah liabilitas                                                              Percentage of consolidated
       konsolidasian                                        0,31%              0,00%                                total liabilities

   c. Beban jasa profesional dari pihak berelasi untuk tahun            c. Professional fees from related parties for the year ended
      yang berakhir pada tanggal 31 Desember 2023 dan 2022,                December 31, 2023 and 2022 consist of:
      terdiri dari:

                                                       2023                 2022

      PT Sentosa Bersama Mitra                           500.000                   -                     PT Sentosa Bersama Mitra

      Persentase terhadap beban umum                                                            Percentage of consolidated general
       dan administrasi konsolidasian                       2,79%              0,00%                  and administrative expense

   Sifat hubungan dengan pihak berelasi adalah sebagai                  The nature of relationship with related parties are as
   berikut:                                                             follows:

   - Direksi dan karyawan adalah manajemen kunci Grup.                  -    Directors and employees are key management of the
                                                                             Group.
   - PT Sentosa Bersama Mitra adalah pemegang saham                     -    PT Sentosa Bersama Mitra is shareholder of the
     Perusahaan.                                                             Company.

39. PERJANJIAN DAN PERIKATAN PENTING                                  39. AGREEMENTS AND COMMITMENTS

   Perusahaan                                                           The Company

   Pada tanggal 22 Desember 2022, Perusahaan dan SBM                    On December 22, 2022, the Company and SBM entered
   melakukan perjanjian biaya jaminan yang menyebutkan                  into a guarantee fee agreement which stated that the
   bahwa Perusahaan sepakat untuk memberikan jaminan                    Company agreed to provide a guarantee to SBM of 2.88%
   kepada SBM sebesar 2,88% dari total nilai pinjaman utang             of the total value of the bank loan received by the Company
   bank yang diterima Perusahaan atau sebesar USD                       or USD 4,000,000 during the term of the agreement. This
   4.000.000 selama jangka waktu perjanjian. Pembayaran                 guarantee payment will be made every month starting
   jaminan ini dilakukan setiap bulan sejak 22 Desember 2022            December 22, 2022, amounting to USD 41,667 per month.
   sebesar USD 41.667 per bulan. Jangka waktu perjanjian ini            The term of this agreement is until December 21, 2030.
   sampai dengan tanggal 21 Desember 2030.




                                                                 78
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


39. PERJANJIAN DAN PERIKATAN PENTING (Lanjutan)                        39. AGREEMENTS AND COMMITMENTS (Continued)

   PT Triguna Internusa Pratama ("TIP")                                   PT Triguna Internusa Pratama ("TIP")

    - Pada tanggal 27 November 2013, TIP dan PT Petrogas                  - On November 27, 2013 TIP and PT Petrogas Jatim
      Jatim Utama ("PJU") melakukan perjanjian kerja sama                   Utama ("PJU") made a coorperation agreement for the
      untuk melakukan pembangunan dan pengoperasian pipa                    construction and operation of a gas pipeline in Gresik,
      gas di Gresik, Jawa Timur. Berdasarkan perjanjian                     East Java. Based on the agreement, TIP made a join
      tersebut, TIP bekerja sama melakukan proyek dari PJU                  corporation to do a project from PJU for distribute gas to
      dalam rangka penyaluran gas ke PT Pembangkit Jawa                     PT Pembangkit Jawa Bali. The project is implemented
      Bali. Proyek dilaksanakan melalui konsep Bangun, Guna                 through the concept of Build, Use and Deliver. The
      dan Serah. Kontrak berlaku terhitung sejak tanggal 27                 contract is valid from November 27, 2013 until
      November 2013 sampai dengan tanggal 27 November                       November 27, 2028 and can be extended with the
      2028 dan dapat diperpanjang dengan kesepakatan kedua                  agreement of both parties.
      belah pihak.

    - Pada tanggal 18 Februari 2019, TIP dan PT Bayu Buana                - On February 18, 2019, TIP and PT Bayu Buana
      Gemilang ("BBG") melakukan perjanjian kerja sama untuk                Gemilang ("BBG") entered into a cooperation agreement
      melakukan pengangkutan dan penyaluran gas serta                       to transport and distribute gas and operate a 35km
      mengoperasikan sistem pipa sepanjang 35km dari titik                  pipeline system from the receiving point in Tambun to
      terima di Tambun sampai titik serah di Tegal Gede.                    the delivery point in Tegal Gede. The contract is valid
      Kontrak berlaku terhitung sejak tanggal 18 Februari 2019              from February 18, 2019 until February 18, 2022 and can
      sampai dengan 18 Februari 2022 dan dapat diperpanjang                 be extended with the agreement of both parties. This
      dengan kesepakatan kedua belah pihak. Perjanjian ini                  agreement was not extended in 2022.
      tidak diperpanjang pada tahun 2022.

    - Pada tanggal 5 April 2017, PT Indonesia Power ("IP")                - On April 5, 2017, PT Indonesia Power ("IP") with PT
      dengan PT Odira Energy Persada ("OEP") dan TIP                        Odira Energy Persada ("OEP") and TIP entered into a
      melakukan perjanjian pengalihan atas perjanjian                       transfer agreement for a gas compressor rental
      penyewaan kompresor gas untuk PLTGU Cilegon. OEP                      agreement for PLTGU Cilegon. OEP transferred to TIP
      mengalihkan kepada TIP segala hak, kepentingan,                       all rights, interests, obligations, authorities and
      kewajiban, wewenang dan tanggung jawab atas                           responsibilities in the Gas Compressor Rental
      Perjanjian Penyewaan Kompresor Gas untuk PLTGU                        Agreement for PLTGU Cilegon.
      Cilegon.

    - Perjanjian ini telah diperpanjang beberapa kali, terakhir           - This agreement has been extended several times, most
      pada tanggal 24 Mei 2021 mengenai perpanjangan jangka                 recently on May 24, 2021 to extend the rental period of
      waktu penyewaan sampai dengan 19 November 2024                        gas compressors for PLTGU Cilegon until November 19,
      atau akhir ketersediaan penyaluran gas bumi dari                      2024 or the end of the availability of natural gas
      pemasok atau tekanan gas bumi dari pemasok telah                      distribution from suppliers or natural gas pressure from
      sesuai dengan kebutuhan mesin pembangkit yaitu                        suppliers in accordance with the need for a generator
      minimal 600 psig secara berkelanjutan (mana yang                      engine is a minimum of 600 psig on an ongoing basis
      tercapai terlebih dahulu).                                            (whichever comes first).

    - Pada tanggal 3 November 2021, PT Pertamina Gas                      - On November 3, 2021, PT Pertamina Gas ("Pertagas")
      ("Pertagas") dan TIP melakukan perjanjian Operation and               and TIP entered into an O&M agreement for the
      Maintenance      ("O&M")    atas  pengoperasian     dan               operation and maintenance of oil pipelines of Pertagas
      pemeliharaan pipa minyak Pertagas dan Perusahaan.                     and the Company. Based on the agreement, TIP
      Berdasarkan perjanjian tersebut, TIP bekerja sama                     cooperates in carrying out pipeline operation and
      melakukan kegiatan operasi dan pemeliharaan pipa di                   maintenance activities in the Rokan area. Activities are
      area Rokan. Kegiatan dilaksanakan melalui konsep                      carried out through the concept of a work program for a
      program kerja selama setahun yang disusun sebagai                     year which is prepared as a guideline for O&M
      pedoman pelaksanaan O&M. Kontrak berlaku terhitung                    implementation. The contract is valid from November 3,
      sampai tanggal 3 November 2021 sampai dengan jangka                   2021 until the term of the KSO agreement which is 20
      waktu perjanjian KSO yaitu selama 20 tahun.                           years.




                                                                  79
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


39. PERJANJIAN DAN PERIKATAN PENTING (Lanjutan)                      39. AGREEMENTS AND COMMITMENTS (Continued)

   PT Triguna Internusa Pratama ("TIP") (Lanjutan)                      PT Triguna Internusa Pratama ("TIP") (Continued)

    - Pada tanggal 1 Oktober 2021, Star Energy Geothermal               - On October 1, 2021, Star Energy Geothermal Salak Ltd
      Salak Ltd ("SEGS"), Star Energy Geothermal Salak                    ("SEGS"), Star Energy Geothermal Salak Pratama Ltd
      Pratama Ltd ("SEGSP"), dan TIP melakukan perjanjian                 ("SEGSP"), and TIP entered into an operations and
      jasa-jasa pendukung operasi-operasi dan pemeliharaan.               maintenance support services agreement. The service
      Konsep jasa ini berupa penyedia jasa-jasa untuk                     concept is to provide services to support the company's
      mendukung kegiatan operasi perusahaan di daerah                     operations in the Gunung Salak area, West Java. The
      Gunung Salak, Jawa Barat. Kontrak berlaku terhitung                 contract is valid from October 1, 2021 to September 30,
      sejak tanggal 1 Oktober 2021 sampai dengan tanggal 30               2024.
      September 2024.

   PT Bravo Delta Persada ("BDP")                                       PT Bravo Delta Persada ("BDP")

    - Pada tanggal 1 November 2012, BDP mengadakan                      - On November 1, 2012, BDP entered into a built operate
      perjanjian kemitraan bangun olah serah ("BOT") dengan               and transfer partnership agreement ("BOT") with PT
      PT Perdana Multiguna Sarana Bandung Barat ("PMgS")                  Perdana Multiguna Sarana Bandung Barat ("PMgS")
      terkait penyaluran air untuk memenuhi kebutuhan                     related to water distribution to meet the needs of clean
      pengadaan air bersih oleh PMgS dari Cijanggel ke Muril              water supply by PMgS from Cijanggel to Muril, West
      kabupaten Bandung Barat dengan nilai investasi berupa               Bandung regency, with an investment value of fixed
      aset tetap sebesar Rp 4.464.485.000. Selanjutnya pada               assets of Rp 4,464,485,000. Furthermore, on December
      tanggal 8 Desember 2020 BDP dan PMgS sepakat untuk                  8, 2020, BDP and PMGS agreed to increase investment
      menambah investasi berupa aset takberwujud atas hak                 in the form of intangible assets on concession rights
      konsesi sebesar Rp 12.302.543.062 yang ditanggung                   amounting to Rp 12,302,543,062 which was incurred by
      oleh BDP dan perubahan jangka waktu perjanjian menjadi              TIP and the change of the term of the agreement to
      berakhir pada bulan November 2042.                                  expire in November 2042.

      Berdasarkan Perjanjian Pengalihan Hak dan Kewajiban                 Based on the Agreement on the Transfer of Rights and
      tanggal 24 Oktober 2022, PMgS mengalihkan seluruh hak               Obligations dated October 24, 2022, PMgS transferred
      dan kewajiban yang timbul sebagaimana diatur dalam                  all rights and obligations regarding a partnership to build
      perjanjian kemitraan bangun olah serah fasilitas                    water distribution facilities to the Perusahaan Umum
      penyaluran air kepada Pihak Perusahaan Umum Daerah                  Daerah Air Minum Tirta Wibawa Mukti ("PDAM-TW").
      Air Minum Tirta Wibawa Mukti ("PDAM-TW"). Kewajiban                 Obligations that have not been settled by PMgS to BDP
      yang belum diselesaikan pihak PMgS kepada pihak BDP                 that occurred before the transfer date will be borne and
      yang terjadi sebelum tanggal pengalihan, kewajiban                  settled by PDAM-TW.
      tersebut akan ditanggung dan diselesaikan oleh pihak
      PDAM-TW.

    - Berdasarkan berita acara kesepakatan antara BDP dan               - Based on the minutes of the agreement between BDP
      PDAM-TW pada tanggal 28 Desember 2022, BDP                          and PDAM-TW on December 28, 2022, BDP agreed to
      menyetujui adanya restrukturisasi piutang usaha senilai             a restructuring receivables amounting to Rp
      Rp 4.096.887.910 (AS$ 261.631) menjadi hak konsesi,                 4,096,887,910 (US$ 261,631) into a concession right
      serta mengubah jangka waktu hak konsesi yang semula                 and changed the term of the concession right from 20
      20 tahun menjadi 25 tahun, yang akan jatuh tempo pada               years to 25 years, which will due date on February 20,
      tanggal 20 Februari 2046.                                           2046.

    - Berdasarkan perjanjian kerja sama antara HEMA dengan              - Based on the cooperation agreement between HEMA
      PT Pertamina Patra Niaga ("PTPN") tanggal 27 Mei 2021               and PT Pertamina Patra Niaga ("PTPN") dated May 27,
      tentang kerja sama penyediaan jasa temporary supply                 2021 regarding cooperation in providing temporary
      point LPG dilokasi pelabuhan Rembang, Jawa Tengah                   supply point LPG services at the Rembang port, Central
      ("Proyek Rembang"). HEMA setuju untuk menyediakan                   Java ("Rembang Project"). HEMA agrees to provide
      sarana dan fasilitas temporary supply point LPG untuk               temporary LPG supply point facilities and facilities to
      menerima dan menyalurkan LPG kepada pihak PTPN                      receive and distribute LPG to PTPN or PT Pertamina
      atau PT Pertamina (Persero) dengan jangka waktu 3                   (Persero) for a period of 3 (three) years and can be
      (tiga) tahun dan dapat diperpanjang dengan adanya                   extended with a written agreement from both parties
      kesepakatan tertulis kedua belah pihak dengan opsi                  with the option of an extension for a period of 3 (three)
      perpanjangan selama 1 (satu) tahun.                                 years 1 (one) year.




                                                                80
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


39. PERJANJIAN DAN PERIKATAN PENTING (Lanjutan)                        39. AGREEMENTS AND COMMITMENTS (Continued)

   PT Energasindo Heksa Karya ("EHK")                                     PT Energasindo Heksa Karya ("EHK")

    - Pada     tanggal    22   Januari   2019,   EHK    telah             - On January 22, 2019, EHK has agreed to a Agreement
      menandatangani Kesepakatan Bersama Kelanjutan                         with Pertamina for gas supply in 4 Operational Areas
      Pasokan Gas dengan Pertamina untuk penyediaan gas di                  namely Bitung, Tegal Gede, Cilegon and Cicauh. Based
      4 Daerah Operasi yaitu Bitung, Tegal Gede, Cilegon dan                on this agreement Pertamina agreed to provide gas with
      Cicauh. Berdasarkan perjanjian ini Pertamina menyetujui               a total contract amount of 14.5 MMSCFD. EHK is
      untuk menyediakan gas dengan jumlah kontrak                           written to extend the length of the SBLC for Guaranteed
      keseluruhan sebesar 14,5 MMSCFD. EHK diwajibkan                       Payment of the late Gas Distribution of December 28,
      menyampaikan perpanjangan SBLC untuk Jaminan                          2018 which is valid until January 31, 2020. This
      Pembayaran Penyaluran Gas paling lambat 28 Desember                   Agreement has been amended several times, latest on
      2018 yang berlaku sampai dengan 31 Januari 2020.                      on December 10, 2021, which stipulated this
      Perjanjian ini telah diamandemen beberapa kali, tanggal               agreements valid until December 31, 2024.
      10 Desember 2021, yang mengatur perjanjian ini berlaku
      sampai dengan 31 Desember 2024.

    - Pada tanggal 30 Oktober 2007, EHK mengadakan                        - On October 30, 2007, EHK entered into natural gas
      perjanjian penyediaan gas bumi dengan Medco E&P                       supply agreement with Medco E&P Grissik Ltd
      Grissik Ltd ("Medco") (dahulu: ConocoPhillips (Grissik)               ("Medco") (previously: ConocoPhillips (Grissik) Ltd ) for
      Ltd) untuk penyediaan gas di Pembangkit Tenaga Listrik                the supply of gas at the Power Plant PT PLN (Persero)
      PT PLN (Persero) yang berada di Payo Selincah Jambi                   located in Payo Selincah as Jambi from gas fields PSC
      dari ladang gas corridor block PSC. Berdasarkan                       block corridor. Under this agreement Medco Phillips
      perjanjian ini Medco menyetujui untuk menyediakan gas                 (Grissik) Ltd agreed to provide a 65.7 BSCF gas. Gas
      sejumlah 65,7 BSCF. Pembayaran pembelian gas dijamin                  purchase payments are secured by Standby Letter of
      dengan Standby Letter of Credit ("SBLC"). Perjanjian ini              Credit ("SBLC"). This agreement is valid for a period of
      berlaku untuk jangka waktu sepuluh tahun sejak tanggal                ten years from the date of start or the fulfillment of the
      dimulai atau terpenuhinya jumlah kontrak keseluruhan,                 overall contract amount, whichever is reached first. The
      yang lebih dahulu tercapai. Perjanjian dengan Medco                   agreement with Medco was amended on December 1,
      telah di amendemen pada tanggal 1 Desember 2021.                      2021. During the period, Medcowill distribute gas with a
      Selama perjanjian ini berlaku, Medco akan menyalurkan                 daily contract amount of 20 BBTUD and 14 BBTUD for
      gas dengan jumlah kontrak harian sebesar 20 BBTUD                     the year 2022 and 2023 respetively. This amendment is
      dan 14 BBTUD untuk masing-masing tahun 2022 dan                       valid until December 31, 2033.
      2023. Amendemen ini berlaku hingga 31 Desember 2033.

    - Pada tanggal 19 April 2021, EHK mengadakan perjanjian               - On April 19, 2021, EHK entered into natural gas supply
      penyediaan gas bumi dengan Jindi South Jambi B., Co,                  agreement with Jindi South Jambi B,. Co, Limited
      Limited ("Jindi") untuk penyediaan gas yang berada di                 ("Jindi"). Under this agreement Jindi agreed to provide
      Jambi. Berdasarkan perjanjian ini Jindi menyetujui untuk              gas to EHK. This agreement is valid until January 31,
      menyediakan gas kepada EHK. Perjanjian ini berlaku                    2040.
      sampai dengan 31 Januari 2040.

    - Pada tanggal 19 Desember 2007, EHK dan PT                           - On December 19, 2007, EHK and PT Transportasi Gas
      Transportasi Gas Indonesia ("TGI") menandatangani                     Indonesia ("TGI") signed a Gas Agreement with East
      Perjanjian Penyaluran Gas melalui East Java Gas                       Java Gas Pipeline System ("EJGP"), in which TGI
      Pipeline System ("EJGP"), di mana TGI setuju                          agreed to provide gas transportation services from the
      memberikan jasa transportasi gas dari titik hubung antara             linking of the branching pipes to the point of delivery.
      pipa percabangan sampai titik penyerahan. Perjanjian                  Gas supply agreement was made ​in connection with the
      penyaluran gas ini dilakukan sehubungan dengan                        obligations of EHK in the supply of gas for Power Plant
      liabilitas EHK dalam penyediaan gas untuk Pembangkit                  PT PLN (Persero) located in Payo Selincah Jambi.
      Tenaga Listrik PT PLN (Persero) yang berada di Payo                   Payment of gas transportation service (toll fee) secured
      Selincah Jambi. Pembayaran jasa transportasi gas (toll                by SBLC. This agreement is valid for ten years from the
      fee) dijamin dengan SBLC. Perjanjian ini berlaku untuk                date of the agreed start or end of the Gas Sales
      sepuluh tahun sejak tanggal mulai yang disepakati atau                Agreement between EHK and Conoco, whichever
      berakhirnya Perjanjian Penjualan Gas antara EHK dan                   occurs first. The gas distribution agreement with TGI
      Conoco mana yang lebih dahulu. Perjanjian penyaluran                  has been amended on April 9, 2021. This addendum is
      gas dengan TGI telah di ubah terakhir kali pada tanggal 9             valid until December 31, 2029.
      April 2021. Addendum ini berlaku hingga 31 Desember
      2029.




                                                                  81
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                           PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                   STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                             As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                      then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                    (Expressed in full US Dollar amount, unless otherwise stated)


40. INFORMASI SEGMEN USAHA                                               40. SEGMENT INFORMATION

   Grup beroperasi di Indonesia dan memiliki dua jenis jasa                   The Group operate in Indonesia and has two main service
   utama, yaitu distribusi gas bumi dan lifting minyak dan gas.               types, namely the distribution of natural gas and oil and gas
   Pendapatan yang diperoleh bukan dari dua jenis usaha                       lifting. Earned income instead of the two main types of
   utama tersebut disajikan dalam satu segmen tersendiri.                     business are presented in a separate segment. Segment
   Informasi segmen disajikan berdasarkan jenis jasa-jasa                     information is presented on the basis of such services.
   tersebut.

   Tabel berikut menyajikan informasi pendapatan dan laba                     The following table represents revenue and profit
   tertentu sehubungan dengan segmen operasi Grup:                            information regarding the Group’s operating segments:


                                Distribusi     Lifting minyak
                                gas alam/          dan gas/
                               Natural gas      Oil and gas     Lain-lain/          Eliminasi/    Konsolidasian/
                               distribution          lifting     Others            Elimination    Consolidated

   2023                                                                                                                               2023
    Pendapatan                 105.804.590      47.041.922      53.967.196          (3.067.748)    203.745.960                     Revenue
    Beban                                                                                                                         Expenses
     Beban pokok pendapatan    (90.164.061)     (20.321.181)    (28.234.571)          913.811     (137.806.002)           Cost of revenue
     Gaji dan tunjangan         (3.031.226)        (223.192)     (7.060.786)              -        (10.315.204)    Salaries and allowance
     Penyusutan                   (269.220)          (6.493)       (369.141)            1.561         (643.293)              Depreciation
     Perbaikan/pemeliharaan        (37.365)             (64)        (38.188)              -            (75.617)       Repair/maintenance
     Lain-lain                  (4.685.999)        (287.907)     (4.468.776)        2.582.068       (6.860.614)                     Others
    Pendapatan/(beban) lain-
     lain                         (568.150)       6.643.364       2.452.674       (15.926.641)       (7.398.753)   Other income/(expenses)

    Laba sebelum pajak           7.048.569      32.846.449      16.248.408        (15.496.949)      40.646.477             Profit before tax

    Beban pajak                  (1.899.438)     (8.369.071)      (3.228.488)              -        (13.496.997)               Tax expense

    Laba tahun berjalan          5.149.131      24.477.378      13.019.920        (15.496.949)      27.149.480        Profit for current year

    Penghasilan/(rugi)                                                                                               Other comprehensifve
     komprehensif lain            (109.251)          (2.827)         (19.781)              -           (131.859)            income/(loss)

    Laba komprehensif            5.039.880      24.474.551      13.000.139        (15.496.949)      27.017.621        Comprehensive profit

                                Distribusi     Lifting minyak
                                gas alam/          dan gas/
                               Natural gas      Oil and gas     Lain-lain/          Eliminasi/    Konsolidasian/
                               distribution          lifting     Others            Elimination    Consolidated

   2022                                                                                                                               2022
    Pendapatan                 104.163.751              -       25.386.337          (2.864.000)    126.686.088                     Revenue
    Beban                                                                                                                         Expenses
     Beban pokok pendapatan    (88.322.812)             -       (13.908.886)          604.401     (101.627.297)           Cost of revenue
     Gaji dan tunjangan         (2.880.690)        (262.420)     (3.251.934)              -         (6.395.044)    Salaries and allowance
     Penyusutan                   (278.856)          (7.180)       (269.703)          (13.648)        (569.387)              Depreciation
     Perbaikan/pemeliharaan        (39.547)            (503)        (39.031)              -            (79.081)       Repair/maintenance
     Lain-lain                  (4.619.227)        (238.242)     (3.359.596)        2.527.048       (5.690.017)                     Others
    Pendapatan/(beban) lain-
     lain                        (1.220.051)      6.729.795       6.683.598       (11.494.724)         698.618     Other income/(expenses)

    Laba sebelum pajak           6.802.568        6.221.450     11.240.785        (11.240.923)      13.023.880             Profit before tax

    Beban pajak                  (1.729.750)          2.268        (457.055)               -         (2.184.537)               Tax expense

    Laba tahun berjalan          5.072.818        6.223.718     10.783.730        (11.240.923)      10.839.343        Profit for current year

    Penghasilan/(rugi)                                                                                               Other comprehensifve
     komprehensif lain              (25.127)         52.019             (2.409)            -            24.483              income/(loss)

    Laba komprehensif            5.047.691        6.275.737     10.781.321        (11.240.923)      10.863.826        Comprehensive profit




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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                      PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                              STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                        As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                 then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)               (Expressed in full US Dollar amount, unless otherwise stated)


41. ASET DAN LIABILITAS DALAM MATA UANG ASING                          41. ASSET AND LIABILITIES DENOMINATED IN FOREIGN
                                                                           CURRENCIES

   Aset dan liabilitas moneter Grup dalam mata uang asing                 The Group’s monetary assets and liabilities denominated in
   adalah sebagai berikut:                                                foreign currencies are as follows:

                                                 2023                                  2022
                                  Dalam mata uang/    Setara dengan/     Dalam mata uang/   Setara dengan/
                                   In currency of      Equivalent to      In currency of     Equivalent to
                                       Rupiah           AS$/US$               Rupiah          AS$/US$

   Aset moneter                                                                                                              Monetary assets
    Kas dan setara kas             142.540.498.320         9.246.270      116.171.531.549             7.384.879   Cash and cash equivalents
    Piutang usaha                  139.071.682.496         9.021.256       57.030.490.967             3.625.357           Trade receivables
    Piutang lain-lain               72.503.729.568         4.703.148       20.450.016.842             1.299.982           Other receivables
    Pajak dibayar di muka           63.737.590.744         4.134.509       97.077.133.632             6.171.072               Prepaid taxes
    Taksiran klaim pengembalian                                                                                         Estimated claims for
     pajak                             6.229.158.536        404.071            8.777.819.345           557.995                  tax refund
    Aset tidak lancar lain-lain        5.355.125.909        347.375            6.942.845.388           441.348     Other non-current assets

       Jumlah aset                 429.437.785.573       27.856.629       306.449.837.723            19.480.633              Total assets

   Liabilitas moneter                                                                                                      Monetary liabilities
     Utang usaha                    77.209.679.392         5.008.412          19.436.798.863          1.235.573              Trade payables
     Utang pajak                    61.752.950.320         4.005.770          30.957.601.216          1.967.936               Taxes payable
     Liabilitas sewa                 6.840.819.168           443.748          10.442.111.952            663.792              Lease liabilities
     Liabilitas imbalan pasca-                                                                                    Post-employment benefits
      kerja                            8.484.149.352        550.347            8.886.567.748           564.908                     liabilities
     Liabilitas imbalan                                                                                                      Pension benefit
      pensiun direksi dan                                                                                            obligation for director
      komisaris                     16.174.760.104         1.049.219          11.336.356.378           720.638         and commissioners

       Jumlah liabilitas           170.462.358.336       11.057.496           81.059.436.157          5.152.847            Total liabilities

42. TUJUAN DAN             KEBIJAKAN     MANAJEMEN       RISIKO        42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND
    KEUANGAN                                                               POLICIES

   Liabilitas keuangan utama Grup meliputi pinjaman jangka                The Group’s principal financial liabilities comprise short-
   pendek dan jangka panjang, utang usaha dan lain-lain dan               term and long-term loans, trade and other payables and
   beban masih harus dibayar. Tujuan utama dari liabilitas                accrued expenses. These financial liabilities are primarily
   keuangan ini adalah untuk mengumpulkan dana untuk                      intended to raise funds from the Group’s operations. The
   operasi Grup. Grup juga mempunyai berbagai aset                        Group also has various financial assets such as trade and
   keuangan seperti piutang usaha dan lain-lain, serta kas dan            other receivables, cash and cash equivalents and other
   setara kas, dan aset tidak lancar lain-lain yang dihasilkan            non current assets, which arise directly from its operations.
   langsung dari kegiatan usahanya.

   Risiko utama dari instrumen keuangan Grup adalah risiko                The main risks arising from the Groups financial
   suku bunga, risiko kredit, risiko kenaikan bahan baku dan              instruments are interest rate risk, credit risk, rising of raw
   risiko likuiditas. Direksi menelaah dan menyetujui kebijakan           material risk and liquidity risk. The Directors review and
   untuk mengelola masing-masing risiko tersebut yang                     agree policies for managing each of these risks, which are
   dijelaskan dengan lebih rinci sebagai berikut:                         described in more details as follows:

   - Risiko suku bunga                                                    -     Interest rate risk

      Risiko suku bunga Grup terutama timbul dari pinjaman                      The Group’s interest rate risk arises from bank loans.
      bank. Risiko suku bunga dari kas dan setara kas, bank                     The interest rate risk on cash and cash equivalents,
      yang dibatasi penggunaanya dan uang jaminan fasilitas                     restricted bank and security deposits for loan facilities
      pinjaman bernilai tidak signifikan dan semua instrumen                    are not significant and all other financial instruments are
      keuangan lainnya tidak dikenakan bunga. Pinjaman yang                     not interest bearing. Borrowings issued at variable rates
      diterbitkan dengan tingkat bunga variabel mengekspos                      expose the Group to cash flow interest rate risk.
      Grup terhadap risiko suku bunga arus kas




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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                        PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                          As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                   then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                 (Expressed in full US Dollar amount, unless otherwise stated)


42. TUJUAN DAN KEBIJAKAN                MANAJEMEN        RISIKO          42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND
    KEUANGAN (Lanjutan)                                                      POLICIES (Continued)

   - Risiko suku bunga (Lanjutan)                                          -   Interest rate risk (Continued)

      Tabel berikut menyajikan nilai tercatat liabilitas keuangan              The table below presents the carrying amount, by
      Grup yang memiliki risiko suku bunga, berdasarkan                        maturity, of the Group’s financial liabilities that are
      periode jatuh temponya masing-masing:                                    exposed to interest rate risk:

                                                                                     Lebih dari 1
                                                  Jumlah/      Dalam 1 tahun/        tahun/More
                                                   Total       Within one year      than 1 years

      Per 31 Desember 2023                                                                                      As at December 31, 2023
       Pinjaman bank                            134.568.141         27.838.746      106.729.395                            Bank loans

      Per 31 Desember 2022                                                                                      As at December 31, 2022
       Pinjaman bank                            109.606.430         11.767.282        97.839.148                           Bank loans

      Grup menganalisis eksposur dari risiko bunga secara                      The Group analyses its interest rate exposure on a
      dinamis. Beberapa skenario disimulasikan dengan                          dynamic basis. Various scenarios are simulated taking
      beberapa pertimbangan seperti pembiayaan kembali,                        into consideration the refinancing of existing positions,
      memperbaharui dari kondisi yang ada dan alternatif lain                  and alternative financing. Based on the above
      pembiayaan. Berdasarkan skenario tersebut diatas, Grup                   scenarios, the Group manages its cash flows interest
      mengelola risiko arus kas dari suku bunga dengan                         rate risk by refinancing borrowings at a lower interest
      melakukan pembiayaan pinjaman dengan suku bunga                          rate.
      yang lebih rendah.

   - Risiko kredit                                                         -   Credit risk

      Risiko kredit yang dihadapi oleh Grup berasal dari kredit                The Group has credit risk arising from the credits
      yang diberikan kepada pelanggan, tetapi terdapat                         granted to the customers, but it has policies in place to
      kebijakan untuk memastikan penjualan produk hanya                        ensure that sales of services are made only to
      dilakukan kepada pelanggan yang dapat dipercaya                          creditworthy customers with proven track records or
      dengan rekam jejak atau sejarah kredit yang baik.                        good credit history. It is the Group’s policy that all
      Merupakan kebijakan Grup bahwa semua pelanggan                           customers who wish to trade on credit terms are subject
      yang akan melakukan pembelian secara kredit harus                        to credit verification procedures.
      melalui prosedur verifikasi kredit.

      Ketika pelanggan gagal melakukan pelunasan sesuai                        When a customer fails to make payment within the
      dengan syarat pembayaran, Grup akan menghubungi                          granted credit terms, the Group will contact the
      pelanggan untuk menindaklanjuti piutang yang telah lewat                 customer to act on overdue receivable. If the customer
      jatuh tempo. Jika pelanggan tidak melunasi piutang yang                  does not settle the overdue receivable within a
      telah jatuh tempo dalam jangka waktu yang telah                          reasonable time, the Group will proceed with the legal
      ditentukan, Grup akan menempuh jalur hukum.                              actions.

      Sesuai dengan evaluasi oleh Grup, penyisihan spesifik                    Depending on the Group’s assessment, specific
      dapat dibuat jika piutang dianggap tidak tertagih. Untuk                 provisions may be made if the debt is deemed
      menekan risiko kredit, Grup akan menghentikan                            uncollectible. To mitigate its credit risk, the Group will
      penyaluran semua produk kepada pelanggan yang                            cease the supply of all products to customers in the
      terlambat atau gagal bayar.                                              event of late payment and/or default.

      Pada tanggal laporan posisi keuangan konsolidiasian,                     At the consolidated statements of financial position date,
      eksposur maksimum Grup terhadap risiko kredit adalah                     the Group’s maximum exposure to credit risk is
      sebesar nilai tercatat masing-masing kategori dari aset                  represented by the carrying amount of each class of
      keuangan yang disajikan pada laporan posisi keuangan                     financial assets presented in the consolidated
      konsolidiasian.                                                          statements of financial position.

      Semua kas di bank, kas di bank yang dibatasi                             All the cash in banks, restricted cash in bank and
      penggunaannya dan uang jaminan fasilitas pinjaman                        security deposits for loan facilities are placed in
      ditempatkan di bank yang memiliki reputasi baik.                         reputable foreign and local banks.

      Grup tidak memiliki konsentrasi risiko kredit.                           The Group does not have a concentration of credit risk.



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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                   PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                           STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                     As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                              then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)            (Expressed in full US Dollar amount, unless otherwise stated)


42. TUJUAN DAN KEBIJAKAN            MANAJEMEN        RISIKO         42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND
    KEUANGAN (Lanjutan)                                                 POLICIES (Continued)

   - Risiko harga                                                     -   Price risk

      Operasi Grup terekspos terhadap risiko pasar terkait                The Group’s operations are exposed to market risks
      dengan fluktuasi harga dari harga komoditas yang                    related to the price volatility of commodity prices traded
      diperdagangkan di pasar minyak dan gas dunia. Namun                 on world oil and gas markets. However, the Group’s
      demikian, aset dan liabilitas keuangan Grup tidak                   financial assets and liabilities are not significantly
      terekspos secara signifikan terhadap fluktuasi harga                exposed to the price volatility of world oil and gas
      minyak dan gas dunia karena penyelesaian aset dan                   markets because the settlement of financial assets and
      liabilitas keuangan berdasarkan harga yang tercantum                liabilities is based on the prices stipulated in the oil and
      dalam kontrak jual beli minyak dan gas yang ditentukan              gas sales and purchase agreements that will be
      pada saat pengiriman.                                               determined at the time of delivery.

   - Risiko likuiditas                                                -   Liquidity risk

      Grup mengelola profil likuiditasnya untuk membiayai                 The Group manages its liquidity profile to be able to
      belanja modal dan melunasi utang yang jatuh tempo                   finance its capital expenditures and service its maturing
      dengan menyediakan kas dan setara kas yang cukup,                   debts by maintaining sufficient cash and cash
      dan ketersediaan pendanaan melalui kecukupan jumlah                 equivalents, and the availability of funding through an
      fasilitas kredit yang diterima.                                     adequate amount of committed credit facilities.

      Grup secara teratur mengevaluasi arus kas proyeksi dan              The Group regularly evaluates its projected and actual
      aktual dan kesempatan melakukan penggalangan dana                   cash flow information and, seeks opportunities to raising
      utang bank.                                                         funds by obtaining bank loans.

   Manajemen modal                                                    Capital management

   Tujuan utama pengelolaan modal Grup adalah untuk                   The primary objective of the Group’s capital management is
   memastikan pemeliharaan rasio modal yang sehat untuk               to ensure that it maintains healthy capital ratios in order to
   mendukung usaha dan memaksimalkan imbal hasil bagi                 support its business and maximize shareholder value.
   pemegang saham.

   Grup mengelola struktur permodalan dan melakukan                   The Group manages its capital structure and makes
   penyesuaian berdasarkan perubahan kondisi ekomi. Untuk             adjustments based on changes in economic conditions. To
   memeliharan dan menyesuaikan struktur permodalan, Grup             maintain and adjust the capital structure, the Group may
   dapat menyesuaikan pembayaran dividen kepada pemegang              adjust dividend payments to shareholders, return capital to
   saham, imbalan modal kepada pemegang saham atau                    shareholders or issue new shares. There were no changes
   menerbitkan saham baru. Tidak ada perubahan atas tujuan,           in the objectives, policies or processes for the years ended
   kebijakan maupun proses pada tahun yang berakhir tanggal           December 31, 2023 and 2022.
   31 Desember 2023 dan 2022.

   Grup mengawasi modal dengan menggunakan rasio                      The Group monitors its capital using gearing ratios, by
   pengungkit (gearing ratio) , dengan membagi utang neto             dividing net debt by the total equity. The Group’s policy is
   dengan total ekuitas. Kebijakan Grup adalah menjaga rasio          to maintain its gearing ratio within the range of gearing
   pengungkit dalam kisaran dari perusahaan terkemuka dalam           ratios of the leading companies with similar industry in
   industri sejenis di Indonesia untuk mengamankan akses              Indonesia in order to secure access to finance at a
   terhadap pendanaan pada biaya yang rasional. Grup                  reasonable cost. The Group includes within net debt, short-
   menyertakan dalam utang bersih, utang bank jangka pendek           term bank loans and long-term bank loans, less cash and
   dan utang bank jangka panjang, dikurangi kas dan setara            cash equivalents. Capital managed by the management
   kas. Yang dikelola sebagai modal oleh manajemen adalah             includes equity attributable to the majority shareholders of
   ekuitas yang dapat diatribusikan kepada pemilik entitas            the Company and non- controlling interests.
   induk dan kepentingan nonpengendali.




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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


42. TUJUAN DAN KEBIJAKAN              MANAJEMEN         RISIKO          42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND
    KEUANGAN (Lanjutan)                                                     POLICIES (Continued)

   Manajemen modal (Lanjutan)                                              Capital management (Continued)

                                                        2023                   2022

   Pinjaman bank jangka pendek                          1.946.030                 -                                  Short-term bank loans
   Pinjaman bank jangka panjang                       132.622.111         109.606.430                                Long-term bank loans

   Jumlah pinjaman                                    134.568.141         109.606.430                                            Total loans

   Dikurangi:                                                                                                                Deducted by:
    Kas dan setara kas                                 (34.867.986)       (30.103.102)                         Cash and cash equivalents
    Kas di bank dan deposito berjangka                                                                         Restricted cash in bank and
      yang dibatasi penggunaanya                        (8.905.966)            (6.830.884)                        Restricted time deposit

   Pinjaman bersih                                     90.794.189          72.672.444                                               Net loan

   Jumlah ekuitas                                     154.542.286         133.055.632                                            Total equity

   Rasio pengungkit bersih                                0,59                  0,55                                       Net gearing ratio

43. INSTRUMEN KEUANGAN                                                  43. FINANCIAL INSTRUMENTS

   Instrumen keuangan yang disajikan di dalam laporan posisi               Financial instruments presented in the consolidated
   keuangan konsolidiasian dicatat sebesar nilai wajar, atau               statements of financial position are carried at fair value,
   disajikan dalam jumlah tercatat baik karena jumlah tersebut             otherwise, they are presented at carrying amounts as either
   adalah kurang lebih sebesar nilai wajarnya atau karena nilai            these are reasonable approximation of fair values or their
   wajarnya tidak dapat diukur secara handal. Penjelasan lebih             fair values cannot be reliably measured. Further
   lanjut diberikan pada paragraf-paragraf berikut.                        explanations are provided in the following paragraphs.

   Estimasi nilai wajar                                                    Fair value estimation

   Nilai wajar aset dan liabilitas keuangan diestimasi untuk               The fair value of financial assets and financial liabilities
   keperluan pengakuan dan pengukuran atau untuk keperluan                 must be estimated for recognition and measurement or for
   pengungkapan.                                                           disclosure purposes.

   PSAK 68, “Pengukuran nilai wajar” mensyaratkan                          PSAK 68, “Fair value measurement” requires disclosure of
   pengungkapan atas pengukuran nilai wajar dengan tingkat                 fair value measurements by level of the following fair value
   hirarki nilai wajar sebagai berikut:                                    measurement hierarchy:

   - Harga dikutip (tidak disesuaikan) dari pasar yang aktif               -     Quoted prices (unadjusted) in active markets for
     untuk aset dan liabilitas yang identik (Tingkat 1);                         identical assets or liabilities (Level 1);
   - Input selain harga yang dikutip dari pasar yang disertakan            -     Inputs other than quoted prices included within Level 1
     pada Tingkat 1 yang dapat diobservasi untuk aset dan                        that are observable for the asset or liability, either
     liabilitas, baik secara langsung (yaitu sebagai sebuah                      directly (that is, as prices) or indirectly (that is, derived
     harga) atau secara tidak langsung (yaitu sebagai turunan                    from prices) (Level 2); and
     dari harga) (Tingkat 2); dan
   - Input untuk aset atau liabilitas yang tidak didasarkan pada           -     Inputs for the assets or liability that are not based on
     data pasar yang dapat diobservasi (informasi yang tidak                     observable market data (that is, unobservable input)
     dapat diobservasi) (Tingkat 3).                                             (Level 3).




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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                       PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                         NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                               STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                         As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                  then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                (Expressed in full US Dollar amount, unless otherwise stated)


43. INSTRUMEN KEUANGAN (Lanjutan)                                       43. FINANCIAL INSTRUMENTS (Continued)

   Estimasi nilai wajar (Lanjutan)                                         Fair value estimation (Continued)

   Manajemen menetapkan bahwa nilai tercatat (berdasarkan                  Management has determined that the carrying amounts
   jumlah nosional) kas dan setara kas, piutang usaha dan lain-            (based on notional amounts) of cash and cash equivalents,
   lain, aset tidak lancar lain-lain, pinjaman jangka pendek,              trade and other receivables, other non-current assets, short-
   utang usaha dan lain-lain dan beban masih harus dibayar                 term loans, trade and other payables and accrued
   kurang lebih sebesar nilai wajarnya karena instrumen                    expenses reasonably approximate their fair values because
   keuangan tersebut berjangka pendek.                                     they are mostly short-term in nature.

   Manajemen menetapkan bahwa nilai tercatat aset dan                      The carrying values of non-current financial assets and
   liabilitas keuangan tidak lancar, yang termasuk aset tidak              liabilities, including other non-current assets and long-term
   lancar lain-lain dan pinjaman jangka panjang, mendekati nilai           loans, approximate their fair values due to the impact of
   wajar karena dampak dari diskonto dianggap tidak signifikan.            discounting is not considered significant.


   Klasifikasi instrumen keuangan                                          Classification of financial instruments

                                                        2023                2022

   Aset keuangan                                                                                                      Financial assets
    Biaya diamortisasi                                                                                                Amortised cost
     Kas dan setara kas                                34.867.986          30.103.102                     Cash and cash equivalents
     Piutang usaha                                     30.538.403          16.332.373                             Trade receivables
     Piutang lain-lain                                  9.933.519           4.432.444                             Other receivables
     Aset tidak lancar lain-lain                        9.070.156           6.987.806                      Other non-current assets

       Jumlah                                          84.410.064          57.855.725                                            Total

   Liabilitas keuangan                                                                                               Financial liabilities
     Biaya diamortisasi                                                                                                Amortised cost
      Pinjaman bank jangka pendek dan                                                                      Short-term and long-term
       jangka panjang                                 134.568.141         109.606.430                                   bank loans
      Utang usaha                                      19.126.793          10.800.446                                Trade payables
      Utang lain-lain                                   1.744.968             509.822                                Other payables
      Beban masih harus dibayar                         2.319.732             770.007                             Accrued expenses
      Utang pembelian aset tetap                          121.471             787.188                Fixed assets purchase payables
      Pinjaman pembiayaan konsumen                      1.280.284             679.572                      Consumer financing loans

       Jumlah                                         159.161.389         123.153.465                                            Total

44. TRANSAKSI NON-KAS                                                   44. NON-CASH TRANSACTION

   Kegiatan signifikan yang tidak memengaruhi arus kas adalah              Significant activities not affecting cash flows are as follow:
   sebagai berikut:

                                                        2023                2022

   Perolehan aset tetap melalui utang                    1.890.532            787.188      Acquisition of fixed assets through payables
   Perolehan aset tetap melalui pinjaman                                                             Acquisition of fixed assets through
    pembiayaan konsumen                                   927.451             971.839                         consumer financing loans
   Perolehan aset tetap melalui pencadangan                                                          Acquisition of fixed assets through
    liabilitas pembongkaran aset                         7.819.756                 -          Provision of asset dismatling obligation




                                                                   87
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                         PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                                 STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                           As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                    then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                  (Expressed in full US Dollar amount, unless otherwise stated)


45. REKONSILIASI LIABILITAS          YANG     TIMBUL        DARI         45. RECONCILIATION OF LIABILITIES FROM FINANCING
    AKTIVITAS PENDANAAN                                                      ACTIVITIES

   Perubahan liabilitas yang timbul dari aktivitas pendanaan                    Changes in liabilities arising from financing activities are as
   adalah sebagai berikut:                                                      follows:

                                                                   Perubahan non-kas/
                                                                    Non-cash changes
                                                                  Beban
                                                                 amortisasi     Perubahan
                                                              biaya pinjaman/    non-kas
                                1 Januari/                     Amortization       lainnya/   31 Desember/
                                January 1,     Arus kas/        expense of    Other non-cash December 31,
                                  2023        Cash flows      borrowing cost     changes        2023

   Pinjaman bank               109.606.430     24.618.673               581.314         (238.276)    134.568.141                  Bank loans
   Pinjaman pembiayaan                                                                                                      Consumer financing
    konsumen                       679.572        600.712                   -                -         1.280.284                        loans

      Jumlah                   110.286.002     25.219.385               581.314         (238.276)    135.848.425                       Total

                                                                   Perubahan non-kas/
                                                                    Non-cash changes
                                                                  Beban
                                                                 amortisasi     Perubahan
                                                              biaya pinjaman/     non-kas
                                1 Januari/                     Amortization       lainnya/   31 Desember/
                                January 1,     Arus kas/        expense of    Other non-cash December 31,
                                  2022        Cash flows      borrowing cost     changes        2022

   Pinjaman bank               107.382.123      1.811.880               598.055         (185.628)    109.606.430                  Bank loans
   Pinjaman pembiayaan                                                                                                      Consumer financing
    konsumen                       182.849        496.723                   -                -           679.572                        loans

      Jumlah                   107.564.972      2.308.603               598.055         (185.628)    110.286.002                       Total

46. KONTIJENSI                                                           46. CONTINGENCIES

   Pada tanggal 20 Mei 2010, PDPDE menerima kuasa jual                          On May 20, 2010, PDPDE received the power of attorney
   gas dari Perusahaan Daerah Pertambangan dan Energi                           to sell gas from Perusahaan Daerah Pertambangan dan
   Sumatera Selatan yang saat ini namanya berubah menjadi                       Energi Sumatera Selatan whose name has changed to PT
   PT Sumsel Energi Gemilang (Perseroda) ("SEG"),                               Sumsel Energi Gemilang (Perseroda) ("SEG"), a
   pemegang saham. Pada tahun 2014 terdapat perjanjian jual                     shareholder. In 2014 there was sale and purchase
   beli gas antara SEG dan PT PLN (Persero) ("PLN") dimana                      agreement of gas between SEG and PT PLN (Persero)
   dalam perjanjian jual beli tersebut terdapat klausal tingkat                 ("PLN") wherein the sale and purchase agreement
   penyerapan/pemakaian minimum (Take or Pay ("TOP")) oleh                      contained a clause on the minimum absorption/utilization
   PLN sebesar 4 BBTU/hari. Namun selama kontrak berjalan,                      rate (Take or Pay ("TOP")) by PLN of 4 BBTU/day.
   PLN tidak mampu menyerap jumlah minimum tersebut                             However, as long as the contract is running, PLN is not
   sehingga PLN diwajibkan untuk membayar jumlah minimum                        able to absorb the minimum requirement, so PLN is
   tersebut. SEG sebagai pihak yang berkontrak dengan PLN                       required to pay the minimum amount. SEG as a contracting
   mengajukan tuntutan senilai AS$ 27.021.871 atas tidak                        party with PLN filed a claim amounting of US$ 27,021,871
   tercapainya penyerapan minimum kepada PLN melalui                            for not achieving the minimum absorption to PLN through
   Badan Arbitrase Nasional Indonesia ("BANI") dan PDPDE                        the Indonesian National Arbitration Board ("BANI") and
   sebagai    penerima    kuasa     penjualan    gas    berhak                  PDPDE as the recipient of the power of attorney for gas
   mendapatkan bagian atas tuntutan SEG kepada PLN                              sales is entitled to a share of SEG's claim to PLN.
   tersebut.

   Pada tanggal 3 Mei 2021, tuntutan SEG tersebut dikabulkan                    On May 3, 2021, SEG's claim was granted by BANI
   oleh BANI dimana PLN diwajibkan untuk membayar kepada                        whereby PLN was required to pay SEG the amount
   SEG sebesar jumlah yang dituntut yaitu AS$ 27.021.871.                       claimed, that is US$ 27,021,871. However PLN submitted
   Namun PLN mengajukan banding ke Pengadilan Negeri                            an appeal to the South Jakarta District Court ("PN") and on
   ("PN") Jakarta Selatan dan pada tanggal 11 Oktober 2021,                     October 11, 2021, the PN granted PLN's appeal.
   PN mengabulkan banding PLN.




                                                                   88
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PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                     PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                             STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                       As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                                then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)              (Expressed in full US Dollar amount, unless otherwise stated)


46. KONTIJENSI (Lanjutan)                                             46. CONTINGENCIES (Continued)

   Selanjutnya, pada tanggal 3 November 2021 SEG                         Subsequently, on November 3, 2021, SEG filed an appeal
   mengajukan kasasi ke Mahkamah Agung ("MA") dan pada                   to the Supreme Court ("MA") and on April 14, 2022, MA
   tanggal 14 April 2022 MA mengeluarkan putusannya yang                 issued its decision which granting SEG's appeal, canceling
   mengabulkan permohonan SEG, membatalkan putusan PN                    South Jakarta PN and punish PLN to pay to SEG 50% of
   Jakarta Selatan dan menghukum PLN untuk membayar                      BANI's decision, that is amounting of US$ 13,510,935,
   kepada SEG sebesar 50% dari putusan BANI yaitu menjadi                which can be paid in installments and paid off no later than
   sebesar AS$ 13.510.935, yang dapat dibayar secara                     10 (ten) years after the request for annulment was
   bertahap dan lunas paling lama 10 (sepuluh) tahun sejak               registered in court.
   permohonan pembatalan didaftarkan di pengadilan.

   Berdasarkan notulen rapat antara PDPDE dan SEG tanggal                Based on minutes of meeting between PDPDE and SEG
   25 Januari 2024, SEG sepakat untuk membayarkan                        dated January 25, 2024, SEG agreed to pay the receipt of
   penerimaan uang yang diperoleh dari PLN kepada                        money obtained from PLN to the Company in accordance
   Perusahaan sesuai keputusan di atas setelah dikurangi US$             with the above decision after deducting US$ 0.1/MMBTU
   0,1/MMBTU dari volume TOP sebesar AS$ 189.964.                        from the TOP volume amounting of US$ 189,964 .

47. ESTIMASI   CADANGAN       MINYAK    DAN    GAS    (TIDAK          47. ESTIMATED OIL AND GAS RESERVE (UNAUDITED)
    DIAUDIT)

   Grup tidak mempunyai hak kepemilikan atas cadangan                    The Group has no ownership in the oil an gas reserves, but
   minyak dan gas, tetapi mempunyai hak untuk menerima                   have the right to receive production and/or revenues from
   hasil produksi dan/atau pendapatan dari penjualan minyak              the sales of oil and gas in accordance with its production
   dan gas sesuai dengan kontrak bagi hasil.                             sharing contracts.

   Jumlah cadangan terbukti (proved reserves ) hanya                     The quantity of proved reserves is only an estimation and is
   merupakan estimasi dan tidak dimaksudkan untuk                        not intended to illustrate the realizable values or fair values
   menggambarkan nilai yang dapat direalisasikan atau nilai              of reserves attributable to the Group. This estimation is
   wajar dari cadangan Grup. Estimasi ini dapat berubah bilai            subject to change whenever new information is available in
   tersedia informasi baru di kemudian hari. Terdapat berbagai           the future. There are many inherent uncertainties in
   ketidakpastian inhren dalam mengestimasi cadangan                     estimating oil and gas reserves, including factors beyond
   minyak dan gas, termasuk faktor-faktor yang berada di luar            the control of the Group.
   kendali Grup.

   Manajemen berkeyakinan bahwa kuantitas cadangan                       Management is of the opinion that the reserves quantities,
   termasuk bagian Pemerintah merupakan estimasi yang                    which include the Government's shares are reasonable
   wajar berdasarkan data geologi dan teknik yang tersedia               based on available geological and technical data.
   saat ini.

   Angka cadangan terbukti (proved ) dan terduga (probable)              The figures of proved and probable reserves is 28.08
   sebesar 28,03 MMBBLS untuk minyak, 47,69 MMBBLS                       MMBBLS for oil, 47.69 MMBBLS for condensate, 149.21
   untuk kondensat, 149,21 MMBOE untuk gas dan 87,18                     MMBOE for gas, and 87.18 MMBBLS for LPG (Liquefied
   MMBBLS untuk LPG (Liquefied Petroleum Gas ), yang                     Petroleum Gas), which derived from internal calculation of
   berasal dari perhitungan internal Petrochina International            Petrochina International (Jabung) Ltd., operator.
   (Jabung) Ltd., operator.

48. PERISTIWA-PERISTIWA PENTING SETELAH PERIODE                       48. SIGNIFICANT     EVENTS       AFTER      THE    REPORTING
    PELAPORAN                                                             PERIOD

   Berdasarkan Keputusan Sirkuler Perusahaan tertanggal 11               Based on the Company's Circular Decision dated January
   Januari 2024, Dewan Komisaris memutuskan dan                          11, 2024, the Board of Commissioners has decided and
   menyetujui perubahan anggota komite audit Perusahaan                  approved the changes in the Company's audit committee
   dengan rincian sebagai berikut:                                       members, detailed as follows:

      Komite Audit                                                                                                    Audit Committee
       Ketua                                            Orias Petrus Moedak                                                 Chairman
       Anggota                                           D. Andhi Nirwanto                                                   Member
       Anggota                                           Aryo Wibisono, SE                                                   Member
       Anggota                                          Budi Taufik Wibawa                                                   Member




                                                                 89
Page 360
PT RUKUN RAHARJA TBK DAN ENTITAS ANAKNYA                                    PT RUKUN RAHARJA TBK AND ITS SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED FINANCIAL
  KONSOLIDASIAN (Lanjutan)                                                                            STATEMENTS (Continued)
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                      As at December 31, 2023 and 2022 and for the years
    yang berakhir pada tanggal tersebut                                                                               then ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)             (Expressed in full US Dollar amount, unless otherwise stated)


49. INFORMASI KEUANGAN TAMBAHAN                                      49. SUPPLEMENTARY FINANCIAL INFORMATION

   Perusahaan menerbitkan laporan keuangan konsolidasian                The Company published the consolidated financial
   yang merupakan laporan keuangan utama. Informasi                     statements as its primary financial statements. The
   keuangan tambahan PT Rukun Raharja Tbk (Entitas Induk)               supplementary financial information of PT Rukun Raharja
   ini, dimana investasi pada entitas anak dicatat dengan               Tbk (Parent Entity) which is the account of investment in
   metode biaya, disajikan agar dapat menganalisa hasil usaha           subsidiaries using the cost method, is prepared in order
   entitas induk saja. Informasi keuangan tambahan PT Rukun             that the parent entity’s result of operations can be
   Raharja Tbk (Entitas Induk) yang disajikan dalam lampiran            analyzed. The supplementary financial information of PT
   berikut ini harus dibaca bersamaan dengan laporan                    Rukun Raharja Tbk (Parent Entity) which presented in
   keuangan konsolidasian PT Rukun Raharja Tbk dan Entitas              following appendix should be read in conjuction with the
   Anaknya.                                                             consolidated financial statements of PT Rukun Raharja Tbk
                                                                        and Its Subsidiaries.




                                                                90
Page 361
INFORMASI KEUANGAN TAMBAHAN                                                               SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                            PT RUKUN RAHARJA TBK (PARENT ENTITY)
LAPORAN POSISI KEUANGAN TERSENDIRI                                        SEPARATE STATEMENT OF FINANCIAL POSITION
Tanggal 31 Desember 2023 dan 2022                                                             As at December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)           (Expressed in full US Dollar amount, unless otherwise stated)




                                                     2023           2022


ASET LANCAR                                                                                                CURRENT ASSETS
 Kas dan bank                                       10.237.945     14.242.865                                 Cash and banks
 Piutang usaha                                                                                              Trade receivables
   Pihak ketiga                                      1.227.993       3.727.827                                 Third parties
 Piutang lain-lain                                                                                          Other receivables
   Pihak ketiga - bersih                             2.882.800      2.880.592                             Third parties - net
   Pihak berelasi                                   16.873.069     11.199.195                               Related parties
 Pajak dibayar di muka                               3.001.164      4.852.610                                    Prepaid taxes
 Uang muka dan beban dibayar di muka                     7.870          6.716                  Advances and prepaid expenses

  Jumlah aset lancar                                34.230.841     36.909.805                             Total current assets

ASET TIDAK LANCAR                                                                                     NON-CURRENT ASSETS
 Investasi pada entitas anak                        60.589.211     59.906.155                        Investment in subsidiaries
 Investasi pada entitas asosiasi                        64.033         64.033                         Investment in associates
 Aset pajak tangguhan                                  376.561      1.273.814                              Deferred tax assets
 Taksiran tagihan pajak penghasilan                    130.452        131.553                   Estimated claims for tax refund
 Aset tetap - bersih                                89.537.546     76.744.309                                Fixed assets - net
 Properti investasi - bersih                         3.076.126      2.927.455                       Investment properties - net
 Bank yang dibatasi penggunaanya                     6.138.654      5.388.654                                  Restricted bank
 Aset pengampunan pajak                                  1.112          1.112                              Tax amnesty assets
 Aset tidak lancar lainnya                           1.243.160      1.013.829                         Other non-current assets

  Jumlah aset tidak lancar                        161.156.855     147.450.914                         Total non-current assets

 JUMLAH ASET                                      195.387.696     184.360.719                                  TOTAL ASSETS




                                                   Lampiran/Appendix 1 - 1/2
Page 362
INFORMASI KEUANGAN TAMBAHAN                                                                 SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                             PT RUKUN RAHARJA TBK (PARENT ENTITY)
LAPORAN POSISI KEUANGAN TERSENDIRI (Lanjutan)                    SEPARATE STATEMENT OF FINANCIAL POSITION (Continued)
Tanggal 31 Desember 2023 dan 2022                                                              As at December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)            (Expressed in full US Dollar amount, unless otherwise stated)




                                                    2023                2022


LIABILITAS JANGKA PENDEK                                                                                 CURRENT LIABILITIES
 Utang usaha                                                                                                     Trade payables
   Pihak ketiga                                        979.020             21.623                                Third parties
   Pihak berelasi                                    1.090.000            545.000                             Related parties
 Utang lain-lain                                                                                                 Other payables
   Pihak ketiga                                         42.448              3.474                                Third parties
   Pihak berelasi                                      545.000                233                             Related parties
 Utang pajak                                           843.716            196.195                                 Taxes payable
 Beban akrual                                        1.509.952            312.912                            Accrued expenses
 Utang pihak berelasi                                4.324.893          4.109.247                         Due to related parties
 Bagian jangka pendek pinjaman jangka                                                                      Current maturities of
  panjang                                                                                                      long-term loans
   Pinjaman bank                                   16.363.715          10.467.282                                  Bank loans
   Pinjaman pembiayaan konsumen                        71.244              31.019                    Consumer financing loans

  Jumlah liabilitas jangka pendek                  25.769.988          15.686.985                          Total current liabilities

LIABILITAS JANGKA PANJANG                                                                           NON-CURRENT LIABILITIES
 Pinjaman jangka panjang - setelah                                                                        Long-term loan - net to
  dikurang bagian lancar                                                                                       current maturities
    Pinjaman bank                                  76.574.573          92.639.148                                    Bank loans
    Pinjaman pembiayaan konsumen                      204.619             216.950                    Consumer financing loans
 Liabilitas pembongkaran aset                       8.360.858                 -                      Asset dismantling obligation
 Liabilitas imbalan pensiun direksi                                                          Pension benefit obligation for director
  dan komisaris                                       289.195              89.176                            and commissioners

  Jumlah liabilitas jangka panjang                 85.429.245          92.945.274                     Total non-current liabilities

  Jumlah liabilitas                               111.199.233        108.632.259                                   Total liabilities

EKUITAS                                                                                                                     EQUITY
 Modal Saham                                       10.964.473          10.964.473                                     Share capital
 Tambahan modal disetor                            23.171.753          23.171.753                         Additional paid in capital
 Saldo laba                                                                                                     Retained earnings
   Ditentukan penggunaanya                             24.759              24.759                                   Appropriated
   Belum ditentukan penggunaanya                   50.027.478          41.567.475                                 Unappropriated

  Jumlah ekuitas                                   84.188.463          75.728.460                                     Total equity

 JUMLAH LIABILITAS DAN EKUITAS                    195.387.696        184.360.719              TOTAL LIABILITIES AND EQUITY




                                                   Lampiran/Appendix 1 - 2/2
Page 363
INFORMASI KEUANGAN TAMBAHAN                                                              SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                           PT RUKUN RAHARJA TBK (PARENT ENTITY)
LAPORAN LABA RUGI DAN PENGHASILAN                                       SEPARATE STATEMENT OF PROFIT OR LOSS AND
 KOMPREHENSIF LAIN TERSENDIRI                                                            OTHER COMPREHENSIVE INCOME
Untuk tahun-tahun yang berakhir pada tanggal                                                                For the years ended
 31 Desember 2023 dan 2022                                                                       December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)          (Expressed in full US Dollar amount, unless otherwise stated)




                                                     2023           2022


PENDAPATAN                                          33.816.938     10.208.232                                       REVENUES

Beban pokok pendapatan                             (12.498.941)    (2.816.428)                                   Cost of revenues
Beban umum dan administrasi                         (7.892.389)    (3.783.046)             General and administrative expenses
Beban keuangan/bunga                                (7.758.478)    (2.015.238)                              Finance costs/interest
Pendapatan dividen                                  11.609.638     10.394.770                                   Dividends income
Laba/rugi selisih kurs - bersih                         45.187       (754.170)              Profit/loss on foreign exchange - net
Pemulihan/(penyisihan) penurunan nilai                                                    Recovery/(provision) on impairment of
 piutang                                            (1.787.243)      (308.001)                                       receivables
Pendapatan lain-lain                                   306.737        318.278                                       Other income
Beban lain-lain                                       (192.594)       (43.803)                                    Other expenses

LABA SEBELUM PAJAK PENGHASILAN                      15.648.855     11.200.594                  PROFIT BEFORE INCOME TAX

Beban pajak penghasilan                             (2.667.135)        (91.253)                             Income tax expense

LABA TAHUN BERJALAN                                 12.981.720     11.109.341                         PROFIT FOR THE YEAR

PENGHASILAN/(RUGI) KOMPREHENSIF LAIN                                              OTHER COMPREHENSIVE INCOME/(LOSS)
 Pos-pos yang tidak akan direklasifikasi                                                  Items that will not be reclassified
  ke laba rugi                                                                                              to profit or loss
   Pengukuran kembali liabilitas                                                     Remeasurement of post-employment
    imbalan pasca-kerja                                (27.842)        (13.844)                      benefits obligation
   Dampak pajak                                          6.125           3.046                                  Tax effect

                                                       (21.717)        (10.798)
JUMLAH LABA KOMPREHENSIF                                                                  TOTAL COMPREHENSIVE INCOME
 TAHUN BERJALAN                                     12.960.003     11.098.543                         FOR THE YEAR




                                                      Lampiran/Appendix 2
Page 364
INFORMASI KEUANGAN TAMBAHAN                                                                                                                    SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                                                                                 PT RUKUN RAHARJA TBK (PARENT ENTITY)
LAPORAN PERUBAHAN EKUITAS TERSENDIRI                                                                                           SEPARATE STATEMENT OF CHANGES IN EQUITY
Untuk tahun-tahun yang berakhir pada tanggal 31 Desember 2023 dan 2022                                                             For the years ended December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)                                                                (Expressed in full US Dollar amount, unless otherwise stated)




                                                                                             Saldo laba/
                                                                                         Retained earnings
                                                               Tambahan                                    Belum
                                                              modal disetor/      Ditentukan             ditentukan
                                          Modal saham/          Additional      penggunaannya/       penggunaannya/     Jumlah/
                                          Share capital       paid in capital    Appropriated         Unappropriated     Total


Saldo per 1 Januari 2022                      10.964.473           23.171.753            18.004           32.468.732      66.622.962                   Balance as at January 1, 2022

 Dana cadangan                                        -                    -              6.755               (6.755)            -                                    Reserve fund
 Dividen tunai                                        -                    -                -             (1.993.045)     (1.993.045)                               Cash dividends
 Laba tahun berjalan                                  -                    -                -             11.109.341      11.109.341                              Profit for the year
 Rugi komprehensif lain                               -                    -                -                (10.798)        (10.798)                     Other comprehensive loss


Saldo per 31 Desember 2022                    10.964.473           23.171.753            24.759           41.567.475      75.728.460                Balance as at December 31, 2022

 Dana cadangan                                        -                    -                 -                   -               -                                    Reserve fund
 Dividen tunai                                        -                    -                 -            (4.500.000)     (4.500.000)                               Cash dividends
 Laba tahun berjalan                                  -                    -                 -            12.981.720      12.981.720                              Profit for the year
 Rugi komprehensif lain                               -                    -                 -               (21.717)        (21.717)                     Other comprehensive loss

Saldo per 31 Desember 2023                    10.964.473           23.171.753            24.759           50.027.478      84.188.463                Balance as at December 31, 2023




                                                                                 Lampiran/Appendix 3
Page 365
INFORMASI KEUANGAN TAMBAHAN                                                              SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                           PT RUKUN RAHARJA TBK (PARENT ENTITY)
LAPORAN ARUS KAS TERSENDIRI                                                       SEPARATE STATEMENT OF CASH FLOWS
Untuk tahun-tahun yang berakhir pada tanggal                                                                For the years ended
 31 Desember 2023 dan 2022                                                                       December 31, 2023 and 2022
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)          (Expressed in full US Dollar amount, unless otherwise stated)




                                                     2023           2022


ARUS KAS DARI AKTIVITAS                                                                    CASH FLOWS FROM OPERATING
OPERASI                                                                                                          ACTIVITIES
 Penerimaan kas dari pelanggan                      36.316.772      6.480.405                      Receipts from customers
 Pembayaran kepada pemasok, karyawan                                                       Payments to suppliers, employees
  dan operasional                                  (14.050.987)     (5.329.826)                            and operational
 Pembayaran bunga                                   (6.663.898)     (6.319.026)                        Payments for interest
 Pembayaran pajak                                   (1.763.756)       (131.552)                          Payments for taxes
 Penerimaan untuk lain-lain - bersih                 3.601.025          99.983                    Receipts from others - net

 Kas bersih diperoleh dari/(digunakan                                                           Net cash provided by/(used in)
  untuk) aktivitas operasi                          17.439.156      (5.200.016)                           operating activities

ARUS KAS DARI AKTIVITAS                                                                      CASH FLOWS FROM INVESTING
INVESTASI                                                                                                           ACTIVITIES
 Perolehan aset tetap                               (9.885.184)    (6.512.784)                      Acquisitions of fixed assets
 Hasil pelepasan aset tetap                                -            8.215           Proceed from disposal of fixed assets
 Penambahan investasi pada entitas anak               (683.056)       (64.033)         Additional on investment in subsidiaries
 Penerimaan dividen                                 11.609.638     10.394.770                          Receipts from dividends
 Penempatan bank yang dibatasi                                                                          Placement of restricted
  penggunaanya                                        (750.000)     (3.603.654)                                           bank
 Pembayaran untuk/(penerimaan dari)                                                               Payments for/(receipts from)
  piutang pihak berelasi                            (5.673.874)       900.704                      related parties receivables
 Penambahan aset lain-lain                          (1.067.258)           -                           Additions for other assets

 Kas bersih diperoleh dari/(digunakan untuk)                                                    Net cash provided by/(used in)
  aktivitas investasi                               (6.449.734)     1.123.218                             investing activities

ARUS KAS DARI AKTIVITAS                                                                    CASH FLOWS FROM FINANCING
PENDANAAN                                                                                                       ACTIVITIES
 Penerimaan dari/(pembayaran untuk) utang                                         Receipts from/(payments for) due to related
  pihak berelasi                                       215.646        (860.647)                                      parties
 Pembayaran dividen tunai                           (4.500.000)     (1.993.045)                 Payments for cash dividends
 Pembayaran untuk pinjaman bank                    (10.737.882)     (3.552.668)                     Payments for bank loans
 Pembayaran pinjaman pembiayaan                                                              Payments of consumer financing
  konsumen                                              27.894         95.440                                          loan

 Kas bersih digunakan untuk aktivitas                                                               Net cash used in financing
  pendanaan                                        (14.994.342)     (6.310.920)                                     activities

KENAIKAN/(PENURUNAN) BERSIH                                                                  NET INCREASE/(DECREASE) IN
 KAS DAN BANK                                       (4.004.920)    (10.387.718)                       CASH AND BANKS

KAS DAN BANK AWAL                                                                    CASH AND BANKS AT THE BEGINNING
 TAHUN                                              14.242.865     24.630.583                               OF YEAR

KAS DAN BANK AKHIR                                                                           CASH AND BANKS AT THE END
 TAHUN                                              10.237.945     14.242.865                                OF YEAR




                                                      Lampiran/Appendix 4
Page 366
INFORMASI KEUANGAN TAMBAHAN                                                               SUPPLEMENTARY FINANCIAL INFORMATION



PT RUKUN RAHARJA TBK (ENTITAS INDUK)                                           PT RUKUN RAHARJA TBK (PARENT ENTITY)
CATATAN ATAS LAPORAN KEUANGAN TERSENDIRI                              SEPARATE NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2023 dan 2022 dan untuk tahun-tahun                   As at December 31, 2023 and 2022 and for the years
 yang
  yangberakhir
        berakhirpada
                 padatanggal
                      tanggaltersebut
                              tersebut                                                                             then
                                                                                                                    thenended
                                                                                                                         ended
(Disajikan dalam Dolar AS penuh, kecuali dinyatakan lain)          (Expressed in full US Dollar amount, unless otherwise stated)


1. RINGKASAN KEBIJAKAN AKUNTANSI SIGNIFIKAN                       1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Dasar penyajian laporan posisi keuangan terpisah                   Basis of preparation of the            separate     financial
  Entitas Induk.                                                     statements of the Parent Entity

  Laporan keuangan tersendiri entitas induk disusun sesuai           The separate financial statements of the parent entity are
  dengan Standar Akuntansi Keuangan ("SAK") No. 4,                   prepared in accordance with the Statement of Financial
  "Laporan Keuangan Tersendiri"                                      Accounting Standards ("SFAS") No. 4, "Separate Financial
                                                                     Statements".

  PSAK No. 4 mengatur dalam hal entitas menyajikan laporan           SFAS No. 4 regulates that when an entity presents the
  keuangan tersendiri maka laporan tersebut hanya dapat              separate financial statements, such financial statements
  disajikan sebagai informasi tambahan dalam laporan                 should be presented as supplementary information to the
  keuangan konsolidasian. Laporan keuangan tersendiri                consolidated financial statements. Separate financial
  adalah laporan keuangan yang disajikan oleh entitas induk          statements are those presented by parent entity, in which
  yang mencatat investasi pada entitas anak, entitas asosiasi,       the investments are accounted for on the basis of the direct
  dan pengendalian bersama entitas berdasarkan kepemilikan           equity interest rather than on the basis of the reported
  ekuitas langsung bukan berdasarkan pelaporan hasil dan             results and net assets of the investees.
  aset neto investee .

  Kebijakan akuntansi yang diterapkan dalam penyusunan               Accounting policies adopted in the preparation of the parent
  laporan keuangan tersendiri entitas induk adalah sama              entity separate financial statements are the same as the
  dengan kebijakan akuntasi yang diterapkan dalam                    accounting policies adopted in the preparation of the
  penyusunan laporan keuangan konsolidasian sebagaimana              consolidated financial statements as disclosed in Note 2 to
  diungkapkan dalam Catatan 2 atas laporan keuangan                  the consolidated financial statements, except for
  konsolidasian, kecuali untuk investasi pada entitas anak.          investments in subsidiaries.

  Dalam laporan keuangan Entitas Induk, investasi pada               In the Parent Entity’s financial statements, investment in
  entitas anak dicatat sebesar biaya perolehan dikurangi             subsidiaries is carried at cost less allowance for impairment
  penyisihan kerugian penurunan nilai.                               losses.

2. INVESTASI SAHAM ENTITAS ANAK                                   2. INVESTMENT IN SHARES OF SUBSIDIARIES

  Informasi mengenai entitas anak yang dimiliki Entitas Induk        Information pertaining to subsidiaries owned by the Parent
  diungkapkan dalam catatan 1c atas laporan keuangan                 Entity is disclosed in note 1c to the consolidation financial
  konsolidasian.                                                     statements.

3. SALDO DAN TRANSAKSI SIGNIFIKAN DENGAN ENTITAS                  3. SIGNIFICANT BALANCES AND TRANSACTIONS WITH
   ANAK                                                              SUBSIDIARIES

  Entitas Induk mempunyai transaksi dan saldo yang                   Parent Company has the following significant transactions
  signifikan dengan pihak entitas anak. Saldo dan transaksi-         and balances with its subsidiaries. The following balances
  transaksi ini telah dieliminasi dalam laporan keuangan             and transactions have been eliminated in the consolidated
  konsolidasian:                                                     financial statements:

                                                    2023            2022

  Laporan posisi keuangan                                                                         Statement of financial positions
   Aset                                                                                                                   Assets
    Piutang lain-lain                              11.013.832      11.189.978                               Other receivables
    Investasi pada entitas anak                    60.589.211      59.906.155                       Investment in subsidiaries
   Liabilias                                                                                                           Liabilities
    Utang lain-lain                                 1.090.000             233                                  Other payables
    Utang pihak berelasi                            4.324.893       4.109.247                           Due to related parties

  Laporan laba rugi dan penghasilan                                                         Statement of profit or loss and other
   komprehensif lain                                                                                  comprehensive income
    Pendapatan usaha                                2.289.000       2.364.000                                          Revenue
    Pendapatan dividen                             11.609.638      10.389.770                               Dividends income
    Pendapatan lain-lain                              294.806         163.048                                     Other income


                                                      Lampiran/Appendix 5
Page 367
Kantor Pusat
Head Office
Office Park Thamrin Residences Blok A 01-05 Jl. Thamrin
Boulevard, Kel. Kebon Melati, Kec. Tanah Abang Jakarta
Pusat, 10220

P. (+6221) 2929 1053
F. (+6221) 2357 9803
E. corsec@raja.co.id

www.raja.co.id

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Names mentioned 268 people and organisations named in the text · linked when the evidence is strong

linked org Rukun Raharja Tbk p.3 ×598
linked person M. Arsjad Rasjid PM · Komisaris p.28 ×11
linked person Orias Petrus Moedak · Komisaris Independen p.28 ×16
linked person D. Andhi Nirwanto · Komisaris Independen p.28 ×13
linked person DJAUHAR MAULIDI · Direktur Utama p.30 ×43
linked person M. Oka Lesmana Firdauzi · Direktur p.37 ×42
linked person Ogi Rulino · Direktur p.38 ×21
linked org PT Sentosa Bersama Mitra p.44 ×15
linked org PT Raharja Energi Cepu p.47 ×26
linked org Investment Holdings Pte Ltd p.47
linked org PT Raharja Energi Tanjung Jabung p.52 ×3
linked org Petrogas Jatim Utama Cendana p.52 ×2
linked person Budi Taufik Wibawa · Member p.55 ×5
linked person Alen Galfani p.55
linked org PT Sirius Surya Sentosa p.61 ×3
linked org Pelindo Multi p.62
linked org Multi Terminal p.62
linked org PT Nusantara Infrastructure p.62
linked org XL Axiata Tbk p.64 ×5
linked — Ooredoo Hutchison p.64 ×2
linked org Indika Energy Tbk p.65 ×7
linked org PT Bukit Asam p.67 ×5
linked org PT Sentosa Bersama- p.73 ×3
linked org PT Zeze Azewel p.73
linked org PT Basis Utama Prima p.73
linked org Dana Pensiun p.74
linked org Tokyo Gas Asia Pte Ltd p.78
linked person Retno Dwi Andani p.106 ×6
linked org Bank Mandiri p.116 ×9
linked person Audit Committee Chairman p.151
possible org Otoritas Jasa Keuangan p.4 ×4
possible person Rudiantara · Komisaris Utama p.28 ×20
possible person Sumantri · Direktur Pengembangan p.37 ×14
possible org Rukun Raharja Raharja Tbk p.39 ×2
possible person Ir. Rusli p.43 ×3
possible org Bursa Efek Indonesia p.45 ×8
possible org Krakatau Steel (Persero) Tbk p.62 ×4
possible org PT Nusantara p.62
possible org Semen Indonesia Tbk p.64 ×4
possible org Vale Indonesia Tbk p.64 ×4
possible org Indosat Tbk p.66 ×4
possible person Saleh · Commissioner p.77
possible person Syarifudin p.80 ×2
possible person Alexandra Sinta · Direktur p.81
possible org DBS Bank p.103
possible person Prof. Dr. Satrio p.103
unresolved org Financial Services Authority p.4 ×5
unresolved org PT Rukun p.5 ×5
unresolved org Raharja Tbk p.5 ×9
unresolved org Board Tbk p.28 ×2
unresolved org Menteri Dasar Hukum Pendirian Usaha Kehakiman Republik Indonesia No. C p.43
unresolved person Notary Ir. Rusli p.43
unresolved org Minister of Justice p.43
unresolved org Otoritas Jasa Keuangan Republik Indonesia p.44
unresolved org Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia p.44
unresolved org Ministry of Justice and Human Rights p.44
unresolved org Indonesia Stock Exchange p.47 ×7
unresolved org PT Panji Raya Alamindo p.47 ×13
unresolved org Holdings Pte Ltd p.47
unresolved org PT Energasindo Heksa Karya p.47 ×24
unresolved org PT Majuko Utama Indonesia p.47 ×8
unresolved org PT Triguna Internusa Pratama p.47 ×30
unresolved org PT Artha p.47
unresolved org PT Bravo Prima Energy p.47
unresolved org PT Petrotech Penta Nusa p.47 ×10
unresolved org PT Artifisial p.47
unresolved org PT Heksa Teknologi Persada p.47
unresolved org PT Petrotech p.47 ×2
unresolved org PT Bravo p.47
unresolved org PT Delta Persada p.47
unresolved org PT Artha Prima Energy p.47 ×7
unresolved org PT Heksa p.47 ×2
unresolved org PT Artifisial Teknologi Persada p.47 ×7
unresolved org PT Banggai Ammonia Indonesia p.48 ×2
unresolved org PT Gavi Sejahtera Nusantara. p.48 ×3
unresolved org PT Raharja Energi Cepu Upstream Industry p.52
unresolved org PT Raharja Energi Sentosa p.52
unresolved org PT Petrogas Jatim Utama Cendana Infrastruktur p.52
unresolved org PT Triguna Internusa Pratama Infrastructure p.52
unresolved org PT Trimitra Cipta Mandiri p.52 ×8
unresolved org PT Bravo Delta Persada Usaha Penunjang Kegiatan p.52
unresolved org PT Petrotech Penta Nusa Minyak p.52
unresolved org PT Artifisial Teknologi Persada Oil p.52
unresolved org PT Heksa Energi Mitraniaga Minyak p.52
unresolved org PT Energasindo Heksa Karya Gas p.52
unresolved org PT Majuko Utama Indonesia Gas Distribution p.52
unresolved org PT Artha Prima Energy Trading p.52
unresolved org PT Prima Energi Raharja Pembangkit Listrik p.52
unresolved org PT Raharja Daya Energi Power Plan p.52
unresolved org PT Adidaya Bismawisesa Internasional Petrokimia p.52
unresolved org PT Banggai Ammonia Indonesia Petrochemicals p.52
unresolved person Aryo Wibisono · Member p.55 ×4
unresolved org Rukun | - 2019). Raharja p.59
unresolved org PT Triguna Internusa Pengalaman Kerja p.59
unresolved org PT Toha Sittah Salam p.59 ×2
unresolved org PT Energasindo Heksa p.59
unresolved org PT Energasindo Karya p.59
unresolved org PT Triguna Internusa Rangkap p.59
unresolved org PT Trakindo Utama p.60 ×2
unresolved org PT Luxindo Raya p.60 ×2
unresolved org PT ICI Paints Indonesia p.60 ×2
unresolved org PT L’Oreal Indonesia p.60 ×2
unresolved org PT Petrogas Jatim Utama Utama p.60
unresolved org PT Raharja Energi Cepu Concurrent Position p.60
unresolved org PT Heksa Energi Mitraniaga p.60 ×7
unresolved org PT Heksa Energi p.60
unresolved org PT Bravo Delta Persada p.60 ×10
unresolved org PT IPC Terminal Petikemas p.61 ×2
unresolved org PT Usahatama Mandiri Nusantara p.61 ×2
unresolved org PT Sarana Patra Hulu Cepu p.61
unresolved org PT Sarana Patra Hulu Cepu Work Experiences p.61
unresolved org PT Karya Bumi p.61
unresolved org PT Karya Bumi Baratama p.61
unresolved org PT BRI Multi Finance p.61
unresolved org PT BRI Multi p.61
unresolved org PT Prima Energi Raharja p.61 ×3
unresolved org PT Pelindo p.62
unresolved org PT Pelabuhan Indonesia II (Persero) p.62 ×5
unresolved org Pengalaman Kerja Krakatau Steel (Persero) Tbk p.62
unresolved org PT Work Experiences p.62
unresolved org PT Mitsui OSK Lines Indonesia p.62
unresolved org Inter Infrastructure Tbk p.62 ×2
unresolved org PT Mitsui OSK Lines Indone- p.62
unresolved org Co. Ltd. p.62 ×2
unresolved org PT Inter Admark Dentsu p.62
unresolved org PT Petrotech Pentanusa p.62
unresolved org PT Petrotech Penta-Rangkap p.62
unresolved org PT Pelabuhan Tanjung Priok p.62
unresolved org PT Pelabuhan Tanjung p.62
unresolved org Menteri Komunikasi dan Informatika Republik p.64
unresolved org Minister of Communication and Information Indonesia p.64
unresolved org PT PLN (Persero) p.64 ×2
unresolved org Semen Gresik Tbk p.64 ×3
unresolved org PT Telkomsel p.64
unresolved org Indonesia Tbk p.64
unresolved org Indosat Oredoo Tbk p.64 ×2
unresolved org Telekomunikasi Indonesia Tbk p.64 ×2
unresolved org Indosat Ooredoo Tbk p.64 ×2
unresolved org Indosat Ooredoo Hutchison Tbk p.64 ×3
unresolved org PT Amartha Nusantara Raya p.64
unresolved org PT Amartha Nusantara p.64
unresolved org PT Kitabisa Indonesia p.64 ×2
unresolved org PT Indika Infrastruktur p.65
unresolved org PT Indika Infrastruk- p.65
unresolved org PT Indika Inti Corpindo p.65 ×2
unresolved org PT Grab Teknologi Indonesia p.65
unresolved org PT Grab Teknologi Indonesia Pengalaman Kerja p.65
unresolved org PT Indika Multi Properti p.65
unresolved org PT Indika Multi Work Experiences p.65
unresolved org PT Indika Energy Infrastructure p.65 ×2
unresolved org Menteri Perdagangan Republik Indonesia p.66
unresolved org Minister of Trade p.66
unresolved org Smart Tbk p.66 ×4
unresolved org PT Global Panasonic p.66 ×2
unresolved org Daiwa Capital Markets Singapore Limited p.67 ×2
unresolved org PT Rumah Sakit Pelabuhan p.67 ×2
unresolved org PT Berlian Jasa Terminal Indonesia p.67 ×2
unresolved org PT Bukit Asam Transpacific Railways p.67 ×2
unresolved org PT Indonesia Asahan p.67
unresolved org PT Indonesia Asahan Aluminium (Persero) p.67
unresolved org PT Freeport Indonesia p.67 ×2
unresolved org PT Pupuk Kaltim p.68 ×2
unresolved org PT PDPDE Gas p.70 ×5
unresolved org PT Sentosa p.75
unresolved org PT Ficomindo Buana Registrar p.76 ×6
unresolved org PT Triguna p.76
unresolved org PT Banggai p.76
unresolved org PT Panji Raya p.76
unresolved org PT Petrogas p.76
unresolved org PT Trimitra p.76
unresolved org PT Adidaya p.76
unresolved org PT Gavi Sejahtera p.76
unresolved org PT Energasindo p.76
unresolved org PT Bravo Delta p.76
unresolved org PT Majuko p.76
unresolved org PT Artha Prima p.76
unresolved org PT Prima Energi p.76
unresolved org PT Triguna Internusa Pratama Kedudukan p.77
unresolved person Dradjat Darmadji p.77 ×2
unresolved org Minister of Justice and Human Rights p.77 ×6
unresolved org PT Rukun Prima Sarana p.77 ×4
unresolved person Darwin · Komisaris p.77
unresolved org PT Panji Raya Alamindo Kedudukan p.78
unresolved person Ninuk Kartini p.78 ×2
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia p.78 ×2
unresolved org PT PDPDE Gas Kedudukan p.79
unresolved org PT PDPDE Gas Akta p.80
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia Dasar Hukum Pendirian p.80
unresolved person Notary Syarifudin p.80 ×2
unresolved org PT Sumsel Energi Gemilang p.80
unresolved org PT Raharja Energi Cepu Kedudukan p.81
unresolved person Indah Setyaningsih p.81 ×2
unresolved person Firdauzi · Commissioner p.81 ×2
unresolved person Wahjudewanti · Director p.81
unresolved org PT Raharja Daya Energi Kedudukan p.82
unresolved org Menteri Hukum dan Hak Asasi Manusia p.82
unresolved org PT Raharja Daya Energi Office Park Thamrin Residences p.83
unresolved org PT Rukun Prima Sarana Kedudukan p.84
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia No. AHU- Dasar p.84
unresolved org PT Bumi Karya Artha Kedudukan p.85
unresolved person Notary Achmad Sulomo p.85 ×2
unresolved org PT Petrotech Penta Nusa Kedudukan p.86
unresolved person Notary FX Budi Santoso Isbandi p.86 ×4
unresolved person Notary Syaril Mamora Siregar p.88 ×2
unresolved person Muhammad Giri Ramanda · Komisaris p.88 ×2
unresolved person Nazaputra Kiemas · Commissioner p.88
unresolved person Notary Rini Yulianti · Notaris p.89 ×19
unresolved org PT Adidaya Bismawisesa Internasional p.90 ×2
unresolved org PT Raharja Daya Energi p.90 ×3
unresolved person Masneri p.92
unresolved person Notary Masneri p.92
unresolved org PT Heksa Energi Mitraniaga Kedudukan p.93
unresolved person Notary Mohammad Turman p.93 ×2
unresolved person Notary Betty Sri Ismartini Djokopranoto p.94 ×2
unresolved person Rosliana p.95
unresolved person Notary Rosliana p.95
unresolved person Notary Refki Ridwan p.97 ×2
unresolved person Dee Valent p.97
unresolved org PT Niaga Selaras Persada p.98
unresolved person Ir. Arief Riyanto p.98
unresolved org PT Petrogas Jatim Utama Cendana Kedudukan p.101
unresolved person Rosida p.101
unresolved person Notary Rosida p.101
unresolved org H. Kepemilikan Saham PT Rukun Raharja Tbk p.101
unresolved org PT Banggai Ammonia Indonesia Kedudukan p.103
unresolved person Devia Buniarto p.103 ×2
unresolved org Palilingan dan Rekan p.106 ×3
unresolved person CPA p.106 ×3
unresolved person H. Thamrin p.107
unresolved org Financial Statement Palilingan dan Rekan p.107
unresolved — Swakarsa V No. 57B, · Notaris p.107 ×2
unresolved org PT Rukun Raharja The Best Energy Companies Award p.109
unresolved org PT Rukun Raharja Penghargaan Kecelakaan Nihil p.109
unresolved org Kementerian Ketenagakerjaan Republik Indonesia p.109 ×2
unresolved org Ministry of Manpower p.109 ×4
unresolved org Kementerian Ketenagakerjaan Republik Indonesia Anugerah CSR IDX Channel p.110
unresolved org PT Energasindo Heksa Karya The Best CSR Program p.110
unresolved org PT Energasindo Heksa Karya Penghargaan Best Contractor High p.110
unresolved org PT Sucofindo p.111 ×4
unresolved org PT Sucofindo Period p.111 ×2
unresolved org PT Indonesia Power PLTGU Cilegon p.112 ×4
unresolved org PT Serkolinas Aman Nusantara p.112
unresolved org PT Serkolinas Aman Nusantara Provider p.112
unresolved org Kementerian Ketenagakerjaan Republik p.112
unresolved org Royal Impact Certification Ltd p.113 ×6
unresolved org PT. Mutiara Manajemen Sertifikasi p.113
unresolved org PT. Mutiara Manajemen Sertifikasi Period p.113
unresolved org PT Indah Kiat Pulp p.115 ×2
unresolved org PT Moriuchi Indonesia p.117 ×2
unresolved org PT Petrogas Jatim Utama p.125 ×2
unresolved org PT Pembangkit p.125
unresolved org PT Pembangkit Jawa Bali p.125
unresolved org PT Heksa Energi Mitraniaga Jawa Tengah. p.125
unresolved org Bapepam p.159 ×2
unresolved person Mohammad Arsjad Rasjid P. Mangkuningrat · Komisaris p.164 ×20
unresolved org Kantor Akuntan Publik Paul Hadiwinata p.165 ×4
unresolved org Palilingan & Rekan p.165 ×3
unresolved org Palilingan & Partners p.165 ×4
unresolved org Bank Indonesia Rp p.166
unresolved org Bank Indonesia p.166 ×2
unresolved person D.Andhi Nirwanto p.169
unresolved person Determined Mr. Rudiantara · Komisaris p.173
unresolved person Muhamad Senang Sembiring. Composition p.173 ×2
unresolved person Rachmat Gobel Memberikan · Komisaris Independen p.173 ×13
unresolved org Departemen Human Resources & Services p.175
unresolved person Pelaksanaan Frekuensi · Komisaris p.185

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