Page 256 - Annual Report PT Fast Food Indonesia Tbk 2019

The original financial statements included
herein are in Indonesian language.

PT FAST FOOD INDONESIA TBK PT FAST FOOD INDONESIA TBK
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Tanggal 31 Desember 2019 dan untuk As of December 31, 2019
Tahun yang Berakhir pada Tanggal Tersebut and for the Year then Ended
(Disajikan dalam Ribuan Rupiah, (Expressed in Thousands of Indonesian Rupiah,
Kecuali Dinyatakan Lain) Unless Otherwise Stated)

6. PERSEDIAAN (lanjutan) 6. INVENTORIES (continued)

Manajemen berpendapat bahwa nilai Management believes that the said amounts of
pertanggungan tersebut memadai untuk menutup insurance coverage are adequate to cover any
kemungkinan kerugian yang timbul dari risiko- possible losses that may arise from the insured risks.
risiko yang dipertanggungkan.

Pada tanggal 31 Desember 2019 dan 2018, tidak As of December 31, 2019 and 2018, there are no
ada persediaan yang dijaminkan atas utang dan inventories pledged as collateral to loans and other
pinjaman lainnya. borrowings.

7. BIAYA DIBAYAR DI MUKA 7. PREPAID EXPENSES

Biaya dibayar di muka terdiri dari: Prepaid expenses consist of :

31 Desember/December 31,

2019 2018

Sewa 11.603.554 9.622.146 Rent
Jasa dan iklan pada papan reklame 8.757.529 8.293.163 Service and billboard advertisement
Lain-lain (masing-masing Others (each below
di bawah Rp500.000) 5.068.184 5.517.619 Rp500,000)

Total 25.429.267 23.432.928 Total

8. ASET LANCAR LAINNYA 8. OTHER CURRENT ASSETS

Aset lancar lainnya terdiri dari deposito berjangka Other current assets consist of time deposit with
dengan jangka waktu jatuh tempo di atas 3 bulan, maturity over 3 months and advance payments for
uang muka pemesanan persediaan dan promosi. inventories and promotions.

9. INVESTASI PADA ENTITAS ASOSIASI 9. INVESTMENT IN ASSOCIATE

Persentase Kepemilikan Efektif
Tahun Beroperasi Perusahaan/ Effective
Secara Komersial/ Percentage of Ownership of the
Start of Company
Entitas Asosiasi/ Domisili/ Commercial Kegiatan Usaha/
Associate Domicile Operation Business Activities 2019 2018

PT Gemilang Setia Boyolali, Jawa 2012 Pengolahan pemotongan 40,00 40,00
Sejahtera (“GSS”) Tengah hewan ayam dan sapi/
Processing of slaughter
of chicken dan cattle

Berdasarkan Perjanjian Jual-Beli Saham, The Company entered into Sale and Purchase of
sebagaimana tertuang dalam Akta Notaris Viola Shares Agreement with GSS, which was
Tariza Windianita, SH., M.Kn. No. 60 tanggal documented in Notarial Deed No. 60 of Viola Tariza
11 Januari 2018, Perusahaan memperoleh 40% Windianita, SH., M.Kn., dated January 11, 2018 with
kepemilikan pada saham GSS, melalui pembelian GSS, whereby the Company acquired 40% share
sebanyak 27.200 saham GSS dengan harga ownership in GSS, by purchasing 27,200 GSS’
Rp27.200.000. Perusahaan juga menyerahkan shares for Rp27,200,000. The Company also give
dana partisipasi untuk pengurusan perubahan participation fund in changing GSS’ land certificates
sertifikat tanah GSS sebesar Rp1.800.000. amounted to Rp1,800,000.

44
254 PT FAST FOOD INDONESIA TBK INNOVATION & DIGITAL TECHNOLOGY AS THE ENGINE OF SUSTAINABLE GROWTH