PT Austindo Nusantara Jaya Tbk 2026 Consolidated Financial Statements and Key Accounting Policies

PT Austindo Nusantara Jaya Tbk 2026 Interim Report: Key Financials, Risks, and Shareholder Updates

PT Austindo Nusantara Jaya Tbk (ANJ) 2026 Interim Financial Report: Key Highlights for Investors

1. Strong Financial Performance and Liquidity

Cash and Cash Equivalents: The Group’s cash position surged to Rp 1.60 trillion as of June 30, 2026, up from Rp 253.3 billion at year-end 2025, marking a significant liquidity improvement.
Trade Receivables: Receivables from third parties increased to Rp 9.9 billion from Rp 1.76 billion, and from related parties to Rp 620.1 billion (up from Rp 459.7 billion), indicating higher sales and possibly increased intra-group transactions.
Inventories: Inventory levels decreased to Rp 347.9 billion from Rp 393.2 billion, suggesting efficient inventory management or higher sales volume.

2. Liabilities and Leverage

Total Liabilities: The Group’s total liabilities jumped to Rp 2.79 trillion from Rp 1.51 trillion, largely due to a new long-term bank loan of Rp 1.32 trillion. This increased leverage may impact future interest expenses and risk profile.
Short-term Bank Loans: Short-term bank loans reduced to Rp 739.4 billion from Rp 978.4 billion, showing repayment or refinancing activity.
Deferred Tax Liabilities: Increased to Rp 99.1 billion from Rp 82.2 billion, reflecting higher taxable profits or changes in asset values.

3. Equity and Shareholder Structure

Share Capital: 3,354,175,000 shares issued and fully paid, with First Resources Limited holding 95.92% (a controlling stake) and public shareholders holding 4.08%.
Retained Earnings: Unappropriated retained earnings increased sharply to Rp 3.05 trillion from Rp 2.59 trillion, indicating strong profitability.
Total Equity: Total equity rose to Rp 4.26 trillion from Rp 3.80 trillion.

4. Profitability and Earnings

Profit for the Period: Net profit for the first half of 2026 was Rp 460.84 billion, up from Rp 233.8 billion in 2025, signaling robust earnings growth.
Basic Earnings per Share: EPS increased to Rp 137.91 (from Rp 70.63), a positive sign for shareholders.
Comprehensive Income: Total comprehensive income for the period was Rp 460.84 billion, reflecting stable performance.
Discontinued Operations: Loss from discontinued operations narrowed to Rp 5.01 billion from Rp 36.16 billion, showing improvement in divested segments.

5. Divestment & Corporate Actions

PMP Divestment: ANJ divested its entire 34% stake in PMP (663,806,000 shares) to PT Harmoni Agri Mandiri for US\$4,325. This action reduces exposure to PMP and may affect future earnings from this associate.
GSB Divestment: The Group recorded a gain of Rp 6.66 billion on the divestment of GSB, positively impacting profit.

6. Significant Agreements and Commitments

Overdraft Facility: First Resources Group companies entered an overdraft arrangement with BRI, enhancing access to short-term liquidity.
Sales Contracts: ANJ and subsidiaries have CPO and PK sales commitments with customers for up to 25,500 MT of CPO and 8,125 MT PK per month. These contracts are cancellable with one month notice.
Plasma Plantation Commitments: ANJ is obligated to fund plasma plantations, guarantee loans, buy all produce, deduct a portion of sales for loan repayments, and provide management services to cooperatives.

7. Financial Risks and Management

Interest Rate Risk: A 50 bps change in loan rates would move pre-tax profits by approximately Rp 10.4 billion.
Liquidity Risk: Adequate cash reserves and overdraft facilities are maintained to cover capital expenditures and debt repayments.
Credit Risk: Receivables are closely monitored, with no uncollectible accounts reported. Surplus funds are placed only in reputable banks to minimize risk.

8. Accounting Changes and Restatement

Functional Currency Revision: In 2025, management reconfirmed Rupiah as the Group’s functional currency, correcting prior period errors where USD was used.
New Accounting Standards: PSAK 118 (effective January 2027) will change income statement presentation. PSAK 119 allows reduced disclosures for subsidiaries without public accountability. Early application is permitted but not expected to materially affect ANJ.

9. Taxation Updates

Pillar Two Global Minimum Tax: Indonesia adopted Pillar Two rules in 2024, effective 2025. ANJ’s effective tax rate is above 16%, qualifying for Safe Harbour and exempt from additional Pillar Two taxes.
Tax Expense: Total tax expense for the Group was Rp 119.35 billion, with reconciliation provided between accounting and taxable profits.

10. Segment Information

Business Segment: ANJ operates as a single segment—oil palm plantation—all assets and revenues are Indonesia-based.

11. Capital Management

Reserve Fund Compliance: As per Indonesian law, at least 20% of paid-up capital is allocated to a non-distributable reserve fund.
No Change in Capital Policies: The Group maintained its capital structure policies during the reporting period.

12. Price-Sensitive Information for Shareholders

Substantial Increase in Cash and Earnings: The significant rise in cash reserves and net profit may positively impact share value and dividend prospects.
Large New Long-Term Bank Loan: Increased leverage introduces interest expense risk; investors should monitor debt servicing ability.
Major Divestments: Sale of PMP and GSB stakes could alter future profit streams and risk profile.
Contractual Commitments: Large CPO and PK sales contracts provide revenue stability but are cancellable, representing a risk.
No Dilutive Shares: As of June 2026, no dilutive potential shares exist, protecting current shareholder value.
Upcoming Accounting Changes: New standards may alter financial statement presentation from 2027, but not materially impact ANJ’s results.

13. Management Statement

Management confirmed responsibility for the integrity of the financial statements, compliance with Indonesian Financial Accounting Standards, and internal controls.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should review the full financial statements and consult their advisors before making investment decisions. All financial data are based on interim consolidated statements as of June 30, 2026 and may be subject to revision or further disclosures.

PT Austindo Nusantara Jaya Tbk（ANJ）2026年中期财报：投资者重点关注

1. 强劲的财务表现和流动性

现金及等价物： 截至2026年6月30日，集团现金余额达1.60万亿卢比，较2025年底的253.3亿大幅提升，流动性显著增强。
应收账款： 第三方应收账款增至9.90亿卢比，关联方应收账款增至620.1亿卢比，显示销售增长及集团内部交易增加。
存货： 存货降至347.9亿卢比（2025年为393.2亿），说明库存管理效率提升或销售量增加。

2. 负债与杠杆

总负债： 总负债增至2.79万亿卢比（2025年为1.51万亿），主要源于新增长贷1.32万亿卢比，杠杆上升可能影响未来利息费用和风险。
短期银行贷款： 短贷降至739.4亿卢比（978.4亿），显示偿还或再融资活动。
递延税负债： 增至99.1亿卢比（82.2亿），反映应税利润增加或资产价值变化。

3. 股东结构和权益

股本： 已发行3,354,175,000股，First Resources Limited持股95.92%，公众持股4.08%。
未分配利润： 未分配利润增至3.05万亿卢比（2.59万亿），显示盈利能力强劲。
总权益： 总权益增至4.26万亿卢比（3.80万亿）。

4. 盈利能力

期间净利润： 2026年上半年净利润为460.84亿卢比，较2025年233.8亿翻番。
每股收益： 基本EPS升至137.91卢比（70.63），对股东利好。
综合收益： 综合收益达460.84亿卢比。
终止业务亏损： 终止业务亏损降至5.01亿卢比（36.16亿），表明相关业务改善。

5. 剥离与公司行动

PMP剥离： ANJ将持有的PMP34%股权全部出售给PT Harmoni Agri Mandiri，价格为4,325美元，减少对PMP风险敞口。
GSB剥离： 剥离GSB获利6.66亿卢比，对利润有正面影响。

6. 重要合同与承诺

透支协议： 与印尼BRI银行签署透支协议，提升短期流动性。
销售合同： ANJ及子公司承诺每月销售CPO最多25,500吨，PK最多8,125吨，合同可提前一个月取消。
小农项目承诺： ANJ负责为小农提供融资、担保贷款、收购全部产出、扣除部分销售还贷、提供管理服务。

7. 财务风险管理

利率风险： 利率变动50个基点，利润将受约1.04亿卢比影响。
流动性风险： 保持充足现金和透支额度以应对支出和还债。
信用风险： 应收账款管理严格，无不可收账款，资金只存于知名银行以降低风险。

8. 会计变更与重述

功能货币修正： 2025年确认卢比为功能货币，纠正此前以美元为功能货币的错误。
新会计准则： PSAK 118（2027年生效）将改变损益表展示。PSAK 119允许无公开问责的子公司减少披露。预计对ANJ影响不大。

9. 税务更新

全球最低税： 印尼2024年采纳Pillar Two规则，ANJ有效税率高于16%，无需额外补税。
税费： 集团总税费为119.35亿卢比，财报中有详细对账。

10. 分部信息

业务分部： ANJ仅有一个分部——棕榈种植，全部资产和收入在印尼。

11. 资本管理

法定储备： 按印尼法律，至少20%已缴资本需划入不可分配储备。
资本政策： 报告期内资本政策无变化。

12. 股东需关注的价格敏感信息

现金和盈利大幅提升： 现金和净利润大增，可能提升股价和分红预期。
新增长贷： 杠杆提升带来利息风险，需关注偿债能力。
重大剥离： PMP和GSB股权出售将影响未来利润和风险结构。
合同承诺： 大额销售合同保障收入但可取消，存在风险。
无稀释股份： 截至2026年6月，无稀释潜力股份，保护现有股东价值。
未来会计变更： 新准则将改变财报展示，但对ANJ影响不大。

13. 管理层声明

管理层确认财报的完整性、合规性和内部控制责任。

免责声明

本文仅供信息参考，不构成投资建议。投资者应查阅完整财报并咨询专业顾问后再做投资决策。所有财务数据均基于2026年6月30日中期合并报表，可能会调整或进一步披露。