Trade and other receivables are carried out with third parties and related

Trade and other receivables are carried out with

This preview shows page 68 - 70 out of 74 pages.

Trade and other receivables are carried out with third parties and related parties company. The group also manage and control this credit risk by setting limits on the amount of risk that are acceptable for individual customers and by monitoring exposures in relation to such limits, by implementing payment system with Letters of Credit, and conducting systematically receivables billing. Pelanggan Grup terdiri dari pelanggan dalam negeri dan pelanggan luar negeri. Untuk tahun-tahun yang berakhir 31 Desember 2019 dan 2018, PT Indonesia Asahan Alumunium memiliki kontribusi 8,87% dan 10,59% masing-masing dari jumlah penjualan bersih. Manajemen berkeyakinan bahwa risiko kredit terbatas karena tidak pernah ada kegagalan kredit dari pelanggan tersebut. The Group’s customer consist of local and foreign debtors. For the years ended December 31, 2019 and 2018, PT Indonesia Asahan Alumunium accounted for 8.87% and 10.59 % of the total net sales. The Group’s management believes that the credit risk is limited because there has been no credit default from such customer. Eksposur Grup terhadap risiko kredit timbul dari wanprestasi pihak lain, dengan eksposur maksimum setara dengan nilai tercatat dari instrumen berikut ini: The Group’s exposure on credit risk arising from defaults of others, with a maximum exposure equal to the carrying value of the following instruments: 2019 2018 Kas dan bank 284.097.327 88.950.095 Cash on hand and in banks Deposito yang dibatasi penggunaannya - 439.000 Restricted deposits Piutang usaha - pihak ketiga 273.956.123 478.422.117 Trade receivables - third parties Piutang lain-lain - pihak ketiga 3.419.637 3.418.832 Other receivables - third parties Piutang pihak berelasi - 8.647.209 Due from related parties Total 561.473.087 579.877.253 Total b. Risiko Likuiditas b. Liquidity Risk Risiko likuiditas adalah risiko dimana suatu Grup akan mengalami kesulitan dalam perolehan dana untuk memenuhi komitmen terkait dengan instrumen keuangan. Risiko likuiditas mungkin timbul dari ketidakmampuan untuk menjual dengan segera aset keuangan dengan harga mendekati nilai wajarnya. Liquidity risk is the risk that the Group will encounter difficulty in raising funds to meet commitments associated with financial instruments. Liquidity risk may arise from inability to sell a financial asset promptly at close to its fair value.
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The original consolidated financial statements included herein are in Indonesian language PT ALAKASA INDUSTRINDO Tbk DAN ENTITAS ANAKNYA CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan) Pada dan Untuk Tahun yang Berakhir Tanggal 31 Desember 2019 (Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain) PT ALAKASA INDUSTRINDO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued) As of and For the Year Ended December 31, 2019 (Expressed in thousands of Rupiah, unless otherwise of stated) 64 26. MANAJEMEN RISIKO KEUANGAN DAN PENGELOLAAN MODAL (lanjutan) 26. FINANCIAL RISK AND CAPITAL MANAGEMENT (continued) Risiko Keuangan (lanjutan) Financial Risk (continued) b. Risiko Likuiditas (lanjutan) b. Liquidity Risk (continued) Grup memonitor risiko likuiditas dengan mempertimbangkan jatuh tempo dari
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