strengthening capacities and capabilities · bisnis yang berfokus pada sektor ritel dan konsumen...

LAPORAN TAHUNANANNUAL REPORT 2016

Strengthening Capacities and

CapabilitiesPT MNC Kapital Indonesia Tbk

2Laporan Tahunan | Annual Report 2016

Profil Perusahaan Analisis dan Pembahasan Manajemen

Tata Kelola Perusahaan Tanggung Jawab Sosial Perusahaan

Ikhtisar Kinerja 2016 Sumber Daya Manusia dan Teknologi Informasi

PT MNC Kapital Indonesia Tbk

Manajemen PT MNC Kapital Indonesia Tbk (Perseroan) telah menetapkan strategi percepatan pengembangan bisnis melalui peningkatan kinerja Entitas Anak di tahun 2016. Peningkatan kinerja MNC Bank dilakukan melalui penerapan strategi bisnis yang berfokus pada sektor ritel dan konsumen melalui implementasi electronic banking dan produk-produk kredit konsumen. MNC Finance menetapkan strategi yang fokus pada pembiayaan dan lease back mobil bekas dan KPR dengan memperluas jaringan showroomdealer mobil dan property agent di wilayah-wilayah cabang setempat. Terkait dengan segmen usaha leasing, Perseroan telah mengembangkan MNC Leasing dengan fokus pada pembiayaan alat berat, mesin, peralatan kesehatan, dan factoring dengan sumber pembiayaan joint financing/executing dari MNC Bank dan bank-bank lain, serta memperkuat jaringan cabang yang sudah ada di 14 kota.

Penguatan MNC Securities dilakukan dengan penguatan unit bisnis seperti unit fixed income dan investment banking, pengembangan sistem online trading end-to-end (MNC Trade), dan perluasan jaringan dengan menambah cabang-cabang baru untuk unit equity guna meningkatkan market share di industri. MNC Asset Management melakukan penguatan bisnis dengan memperluas jaringan distribusi (bancassurance), launching reksadana online dan mengembangkan produk konvensional reksa dana. Peningkatan bisnis asuransi dilakukan dengan penguatan MNC Insurance dan MNC Life. MNC Insurance melakukan pengembangan produk yang lebih variatif dan tingkat premi yang lebih kompetitif melalui kanal distribusi agency, online systems, B2B dengan perusahaan dot com, dan pengembangan aplikasi mobile, juga meningkatkan kualitas Service Level Agreement (SLA) dalam proses klaim, peningkatan kualitas agen dan bengkel rekanan. Sedangkan MNC Life melakukan pengembangan produk individu antara lain produk kesehatan, unit-linked, dan produk sederhana yang dijual melalui kanal distribusi agency, bancassurance, online systems, dan bekerjasama dengan multilevel marketing (MLM).

Beberapa strategi kunci yang telah dilakukan Perseroan selama tahun 2016 adalah memperkuat struktur permodalan untuk menjadi the most integrated financial services in Indonesia, melanjutkan sinergi antar Entitas Anak antara lain melalui cross-selling product, sharing database management, system development, business process improvement, incentive program untuk kegiatan pemasaran bersama, melanjutkan rencana digitalisasi seluruh unit usaha financial services, serta integrasi dan standarisasi kantor-kantor Entitas Anak di beberapa kota besar.

The Management of PT MNC Kapital Indonesia Tbk (the Company) has set out a strategy to accelerate the development of business through improved performance of subsidiaries in 2016. MNC Banks performance improvement followed the business strategies that focused on the retail and consumer sectors through the implementation of electronic banking and consumer credit products. MNC Finance has established a strategy that focuses on financing and lease back of used cars and mortgages through expanding its network of showrooms, car dealers and property agents in areas surrounding the local branches. For the leasing business segment, the Company has established MNC Leasing to focus on the financing of heavy equipment, machinery, medical equipment, and factoring through joint financing/executing with MNC Bank and other banks, as well as increasing the network of the existing branches in 14 cities.

MNC Securities has strengthened its business units to handle unit fixed income and investment banking, enhanced its online trading system and developed the end-to-end (MNC Trade) system, and expanded its network by adding new branches with equity units to increase its market share in the industry. MNC Asset Management has strengthened its business by expanding the distribution network (bancassurance), launched dana online mutual fund and developed its conventional mutual funds. The insurance business enhancement has been conducted in MNC Insurance and MNC Life. MNC Insurance has developed more varied products with more competitive premium rates through its agency distribution channels, online systems, B2B with dot com companies, and mobile application development, and also improved its SLA especially in the claims process, and improved the quality of its agents and workshop partners. While MNC Life has developed products for individual such as, health products, unit-linked and simple products that are sold through the agency distribution channels, bancassurance, online systems and through multilevel marketing (MLM).

Other key strategies followed by the Company during 2016 included strengthening the capital structure to help the Company become the most integrated financial services in Indonesia, with continued synergy among its subsidiaries including cross-selling products, sharing database management, system development, business process improvement, offering incentive programs for joint marketing activities, and continuing the plan to go digital for all the financial services business units, as well as integrating and standardizing the offices of its subsidiaries in several major cities.

Strengthening Capacities and Capabilities

KESINAMBUNGAN TEMATHEME CONTINUITY

Laporan Tahunan | Annual Report 20163

Performance Highlights 2016Company ProfileManagement Discussion and Analysis

Corporate GovernanceCorporate Social Responsibility

Human Resources andInformation Technology


2015Business Transformation For Service ExcellenceBisnis Perseroan yang bergerak di bidang jasa keuangan menempatkan konsumen sebagai salah satu pilar penting, bersama dengan layanan yang prima. Karena itulah, selain memberikan layanan jasa keuangan yang terintegrasi, Perseroan juga melakukan transformasi bisnis yang berbasiskan teknologi informasi dan digital. Transformasi ini sejalan dengan tuntutan era teknologi saat ini untuk semakin menunjang kebutuhan konsumen atas layanan jasa keuangan yang serba cepat, mudah, dan efisien.

Selain itu, transformasi berbasis digital ini juga terus dikembangkan oleh Perseroan sejalan dengan upaya memantapkan posisi Perseroan sebagai The Most Integrated Financial Services in Indonesia. Akhirnya, beragam inovasi, investasi, dan sinergi yang dilakukan Perseroan bertujuan untuk memperkuat pilar penting dalam bisnis yang dijalani, yaitu memberikan layanan yang prima bagi konsumen.

The Companys main business is in the financial services sector, which focuses on providing excellent service to customers. This is why, in addition to providing integrated financial services, the Company has undertaken a business transformation based on digital information technology. This transformation is in line with the recent demand for technology in order to further support customer demand for quick, easy, and efficient financial services.

Moreover, this digital-based transformation is being pursued in line with the Companys efforts to solidify its position as The Most Integrated Financial Services in Indonesia. Eventually, the Companys numerous investments, innovations, and synergies are directed at supporting its most important business pillar, namely service excellence.

2014Integrated Financial SolutionsKehadiran MNC Bank dan MNC Leasing pada tahun 2014 dalam struktur grup usaha Perseroan, membuat fondasi bisnis usaha Perseroan sebagai perusahaan yang bergerak di bidang solusi jasa keuangan terintegrasi semakin kokoh. Kemampuan Perseroan dalam menyediakan jasa keuangan bagi konsumen pun semakin lengkap, dengan adanya MNC Securities, MNC Asset Management, MNC Finance, MNC Life, MNC Insurance, MNC Bank, dan MNC Leasing.

The presence of MNC Bank and MNC Leasing in the corporate structure of the Company in 2014 strengthened the business foundation of the Company as the provider of an integrated financial solution. The Companys ability to provide financial services for its customers become more complete, through the existence of MNC Securities, MNC Asset Management, MNC Finance, MNC Life, MNC Insurance, MNC Bank, and MNC Leasing.

2013Moving Towards a Financial SupermarketMenyikapi situasi internal maupun eksternal yang berpotensi mempengaruhi dan/atau mempunyai dampak terhadap kinerja, Perseroan senantiasa berpegang teguh pada visi untuk menjadi Supermarket Jasa Keuangan di Indonesia yang terpercaya dan terintegrasi. Dengan sikap yang konsisten tersebut, manajemen merumuskan dan mengimplementasikan strategi bisnis dengan koridor yang jelas untuk meraih visi Perseroan.

Tujuannya adalah menyediakan jasa keuangan yang berkualitas kepada para klien dan memberikan nilai tambah serta meningkatkan kesejahteraan bagi para pemegang saham, investor, mitra bisnis, karyawan, dan seluruh pemangku kepentingan lainnya. Untuk mencapai hal itu, strategi bisnis terintegrasi yang terbukti memberikan hasil positif bagi Perseroan akan terus dikembangkan.

In response to internal and external situations with the potential to impact performance, the Company adheres strongly to its vision to be the most reliable and integrated financial supermarket in Indonesia. With a consistent approach, management formulates then implements a clear business strategy to achieve the Company vision.

The goal is to provide quality financial services to clients and provide added value and increase prosperity for our shareholders, investors, business partners, employees and all other stakeholders. To achieve this, integrated business strategies that have proven to give positive results for the Company, will continue to be developed.

2012Strong Synergy for Continuous GrowthBerbagai aksi korporasi sepanjang tahun 2012, termasuk penguatan struktur permodalan, semakin mengukuhkan posisi Perseroan di industri jasa keuangan di Indonesia. Sementara itu, perubahan nama Perseroan dari PT Bhakti Capital Indonesia Tbk menjadi PT MNC Kapital Indonesia Tbk diyakini akan semakin memperkuat kepercayaan masyarakat luas terhadap Perseroan karena reputasi dan solidnya bisnis dari MNC Group. Perseroan memfokuskan perhatian pada pengembangan bisnis entitas anak dengan tujuan menjadikan Perseroan sebagai The Most Integrated Financial Supermarket di Indonesia. Melalui berbagai langkah strategis dan perkembangan bisnis entitas anak tersebut, Perseroan akan semakin siap untuk menghadapi berbagai tantangan yang akan datang, terutama yang berkaitan dengan bisnis jasa keuangan.

A series of corporate actions in 2012, including efforts to strengthen the Companys capital, has solidified the Companys position in the Indonesias financial service industry. The change in name from PT Bhakti Capital Indonesia Tbk to PT MNCs Kapital Indonesia Tbk is believed to have further strengthened the public trust in the Company due to the solid reputation and business of the MNC Group. The Company focused on business improvements of its subsidiaries which guides the Company to be the Most Integrated Financial Supermarket in Indonesia. Strategic actions and subsidiaries business improvements have prepared the solid fundamental for the Company to anticipate future challenges in the financial service business.






DAFTAR ISITABLE OF CONTENTS

KESINAMBUNGAN TEMATHEME CONTINUITY

2


4

PENCAPAIAN PENTINGIMPORTANT ACHIEVEMENTS

8

JEJAK LANGKAHMILESTONE

10

KEUNGGULAN PERUSAHAANCOMPANY ADVANTAGES

12

IKHTISAR KINERJA 20162016 PERFORMANCE HIGHLIGHTS 1IKHTISAR KINERJAPERFORMANCE HIGHLIGHTS

16

IKHTISAR DATA KEUANGAN PENTINGFINANCIAL HIGHLIGHTS DATA

16

IKHTISAR KINERJA OPERASIONALOPERATIONAL PERFORMANCE HIGHLIGHT

20

INFORMASI HARGA SAHAMSHARE PRICE INFORMATION

20

INFORMASI OBLIGASIBOND INFORMATION

21

PERISTIWA PENTING PERSEROANSIGNIFICANT CORPORATE EVENTS

22

PERISTIWA PENTING ENTITAS ANAKSIGNIFICANT SUBSIDIARIES EVENTS

22

LAPORAN DEWAN KOMISARISBOARD OF COMMISSIONERS REPORT

26

LAPORAN DIREKSIBOARD OF DIRECTORS REPORT

40

PROFIL PERUSAHAANCOMPANY PROFILE 2IDENTITAS PERUSAHAANCORPORATE IDENTITY

60

RIWAYAT SINGKAT PERUSAHAANBRIEF HISTORY OF THE COMPANY

61

BRAND PERUSAHAANCORPORATE BRAND

62

BIDANG USAHALINE OF BUSINESS

63

PRODUK DAN JASAPRODUCTS AND SERVICES

64

PETA WILAYAH OPERASIONALOPERATIONAL AREA MAP

66

INOVASI OUTLET/ATM/PRODUKOUTLET/ATM/PRODUCTS INNOVATIONS

68

STRUKTUR ORGANISASIORGANIZATION STRUCTURE

69

VISI, MISI, DAN BUDAYA PERUSAHAANVISION, MISSION, AND CORPORATE CULTURE

70

REVIEW VISI DAN MISI OLEH DEWAN KOMISARIS DAN DIREKSIBOARD OF COMMISSIONERS AND BOARD OF DIRECTORS VISION AND MISSION REVIEW

71

PROFIL DEWAN KOMISARISBOARD OF COMMISSIONERS PROFILES

76

PROFIL DIREKSIBOARD OF DIRECTORS PROFILES

80

PROFIL KOMITE DI BAWAH DEWAN KOMISARISPROFILE OF COMMITTEES UNDER THE BOARD OF COMMISSIONERS

85

PROFIL PEJABAT EKSEKUTIFEXECUTIVE OFFICERS PROFILES

89

DIREKSI ENTITAS ANAKSUBSIDIARIES BOARD OF DIRECTORS

91

PROFIL KARYAWANEMPLOYEES PROFILE

92

STRUKTUR KORPORASI DAN KEPEMILIKAN SAHAMCORPORATE AND SHAREHOLDERS STRUCTURE

95

KOMPOSISI PEMEGANG SAHAMSHAREHOLDERS COMPOSITION

96

DAFTAR ENTITAS ANAK DAN/ATAU ENTITAS ASOSIASILIST OF SUBSIDIARIES AND/OR ASSOCIATED ENTITIES

98

KRONOLOGIS PENCATATAN SAHAMSHARE LISTING CHRONOLOGY

112

KRONOLOGIS PENCATATAN OBLIGASIBOND LISTING CHRONOLOGY

115

KRONOLOGIS PENCATATAN EFEK LAINNYAOTHER SECURITIES LISTING CHRONOLOGY

117






LEMBAGA DAN PROFESI PENUNJANG PASAR MODALCAPITAL MARKET INSTITUTION AND SUPPORTING PROFESSIONALS

118

PENGHARGAAN DAN SERTIFIKASIAWARDS AND CERTIFICATION

120

NAMA DAN ALAMAT KANTOR WILAYAH DAN/ATAU CABANG ENTITAS ANAKNAMES AND ADDRESSES OF REGIONAL AND/OR SUBSIDIARY OFFICES

124

AKSES INFORMASIINFORMATION ACCESS

131

PENDIDIKAN DAN/ATAU PELATIHAN DEWAN KOMISARIS, DIREKSI, KOMITE-KOMITE, SEKRETARIS PERUSAHAAN DAN UNIT AUDIT INTERNALEDUCATION AND/OR TRAINING OF THE BOARD OF COMMISSIONERS, BOARD OF DIRECTORS, COMMITTEES, CORPORATE SECRETARY AND INTERNAL AUDIT UNIT

132

ANALISIS DAN PEMBAHASAN MANAJEMENMANAGEMENT DISCUSSION AND ANALYSIS 3TINJAUAN INDUSTRIINDUSTRY REVIEW

142

Perekonomian GlobalGlobal Economy

142

Perekonomian IndonesiaIndonesian Economy

144

Kondisi Industri Jasa KeuanganFinancial Industry Conditions

146

Posisi MNC Kapital Terhadap Industri Jasa KeuanganMNC Kapital Position In The Financial Industry

148

TINJAUAN OPERASIONALOPERATIONAL REVIEW

150

Strategi Pengembangan Bisnis 20162016 Business Development Strategy

151

Aspek PemasaranMarketing Aspects

153

Pangsa PasarMarket Share

163

Kinerja Operasional Segmen UsahaOperational Business Segment Performance

168

Pendapatan dan Profitabilitas Segmen UsahaIncome and Profitability by Business Segment

180

Prospek UsahaBusiness Prospects

184

Strategi dan Rencana Kerja 20172017 Strategy and Work Plan

189

TINJAUAN KEUANGANFINANCIAL REVIEW

191

Laporan Posisi Keuangan KonsolidasianConsolidated Statements of Financial Position

191

Laporan Laba Rugi dan Penghasilan Komprehensif Lain KonsolidasianConsolidated Statement of Income and Other Comprehensive Income

194

Laporan Arus Kas KonsolidasianConsolidated Statement of Cash Flow

197

Tingkat Kesehatan PerusahaanCompany Health Level

198

Rasio KeuanganFinancial Ratios

199

Kemampuan Membayar Utang dan Kolektibilitas PiutangAbility to Pay Debt and Receivables Collectibility

199

Struktur ModalCapital Structure

205

Ikatan Material Terkait Investasi Barang ModalMaterial Commitments Related To Capital Expenditures

206

Realisasi Investasi Barang ModalCapital Investments Realization

206

Perbandingan Target dan Realisasi Kinerja 2016 Serta Target dan Proyeksi 2017Comparison of 2016 Target and Realization and 2017 Target and Projection

207

Informasi Material yang Terjadi Setelah Tanggal Laporan Akuntan Kebijakan DividenMaterial Information Occurring After the Date of the Accountants Report

208

Program Kepemilikan Saham Oleh Manajemen dan/atau KaryawanManagement and/or Employees Share Ownership Program

209

Realisasi Penggunaan Dana Hasil Penawaran UmumUse of Public Offering Realization

210

Informasi Material Mengenai Investasi, Ekspansi, Divestasi, Akuisisi, atau Restrukturisasi Hutang dan ModalMaterial Information on Investments, Expansions, Divestments, Acquisitions, or Debt and Capital Restructuring

212







Informasi Transaksi Material Dengan Pihak BerelasiMaterial Information on Transactions With Related Parties

214

Informasi Transaksi Material yang Mengandung Benturan KepentinganMaterial Transaction Information Containing Conflict of Interests

220

Komitmen dan KontinjensiCommitments and Contingencies

220

Perubahan Peraturan Perundang Undangan yang Berpengaruh Signifikan Terhadap PerseroanAmendment to Legislations With A Significant Impact on The Company

221

Perubahan Kebijakan Akuntansi dan Dampaknya Terhadap Laporan KeuanganAccounting Policy Changes and the Impact on Financial Statements

221

Informasi Kelangsungan UsahaBusiness Conduct Information

223

SUMBER DAYA MANUSIA DAN TEKNOLOGI INFORMASIHUMAN RESOURCES AND INFORMATION TECHNOLOGY 4SUMBER DAYA MANUSIAHUMAN RESOURCES

226

PEDOMAN PENGELOLAAN MANAJEMEN SDMHUMAN RESOURCES MANAGEMENT GUIDELINES

226

ROADMAP SUMBER DAYA MANUSIAHUMAN RESOURCES ROADMAP

227

ORGANIZATIONAL DEVELOPMENTORGANIZATIONAL DEVELOPMENT

228

CAPACITY FULFILLMENTCAPACITY FULFILLMENT

228

CAPACITY BUILDINGCAPACITY BUILDING

230

INTERNALISASI CORPORATE CULTURECORPORATE CULTURE INTERNALIZATION

238

ENGAGEMENT KARYAWANEMPLOYEE ENGAGEMENT

239

TURNOVER KARYAWANEMPLOYEE TURNOVER

240

HUBUNGAN INDUSTRIALINDUSTRIAL RELATIONS

241

PROGRAM PENSIUNPENSION PROGRAMS

241

PROFIL HUMAN CAPITALHUMAN CAPITAL PROFILE

242

TEKNOLOGI INFORMASIINFORMATION TECHNOLOGY

246

TATA KELOLA PERUSAHAANCORPORATE GOVERNANCE 5MANFAAT IMPLEMENTASI GCG BAGI PERSEROANBENEFITS OF GCG FOR THE COMPANY

254

DASAR PENERAPAN GOOD CORPORATE GOVERNANCE GOOD CORPORATE GOVERNANCE IMPLEMENTATION BASIS

255

PENINGKATAN KUALITAS GCG SECARA BERKELANJUTANGCG QUALITY IMPROVEMENTS

259

Penetapan Standar Kualitas Implementasi GCGImplementation of GCG Quality Standards

259

Pelaksanaan dan Pemonitoran Implementasi GCGImplementation and Monitoring GCG

260

Assessment GCG dan Tindak LanjutnyaGCG Assessment and Follow Up

262

Peningkatan Kualitas dan BenchmarkingImproving Quality and Benchmarking

262

PELAKSANAAN PENERAPAN ASPEK DAN PRINSIP TATA KELOLA PERUSAHAAN SESUAI KETENTUAN OTORITAS JASA KEUANGANIMPLEMENTATION OF CORPORATE GOVERNANCE ASPECTS AND PRINCIPLES BASED ON FINANCIAL SERVICES AUTHORITYPROVISIONS

263

STRUKTUR DAN MEKANISME GCGGCG STRUCTURE AND MECHANISM

268

Rapat Umum Pemegang SahamGeneral Meeting of Shareholders

269

Dewan KomisarisBoard of Commissioners

295

DireksiBoard of Directors

319

Komite-Komite Di Bawah Dewan KomisarisCommittees Under The Board of Commissioners

350







Sekretaris PerusahaanCorporate Secretary

377

INFORMASI PEMEGANG SAHAM UTAMA DAN PENGENDALI MAJOR AND CONTROLLING SHAREHOLDER INFORMATION

382

Perlakuan yang Sama Terhadap Seluruh Pemegang SahamEqual Treatment To All Shareholders

382

PENERAPAN TATA KELOLA DAN MANAJEMEN RISIKO TERINTEGRASIIMPLEMENTATION OF INTEGRATED GOVERNANCE AND RISK MANAGEMENT

383

Pembentukan KomiteEstablishing Committees

383

Self Assessment Komite Manajemen Risiko TerintegrasiIntegrated Risk Management Committee Self Assessment

386

Penerapan Manajemen Risiko Terintegrasi Implementation of Integrated Risk Management

388

Penilaian Profil Risiko TerintegrasiIntegrated Risk Profile Assessment

389

UNIT AUDIT INTERNALINTERNAL AUDIT UNIT

390

AKUNTAN PUBLIKPUBLIC ACCOUNTANT

399

FUNGSI MANAJEMEN RISIKORISK MANAGEMENT FUNCTION

401

SISTEM PENGENDALIAN INTERNALINTERNAL CONTROL SYSTEM

409

FUNGSI KEPATUHANCOMPLIANCE FUNCTION

412

PERMASALAHAN HUKUMLEGAL ISSUES

415

AKSES INFORMASIINFORMATION ACCESS

415

KODE ETIKCODE OF CONDUCT

417

WHISTLEBLOWING SYSTEMWHISTLEBLOWING SYSTEM

421

TANGGUNG JAWAB SOSIAL PERUSAHAANCORPORATE SOCIAL RESPONSIBILITY 6LANDASAN PELAKSANAANIMPLEMENTATION BASIS

427

TANGGUNG JAWAB TERHADAP LINGKUNGAN HIDUPRESPONSIBILITY RELATED TO THE ENVIRONMENT

428

TANGGUNG JAWAB TERHADAP KETENAGAKERJAAN, KESEHATAN, DAN KESELAMATAN KERJARESPONSIBILITY RELATED TO EMPLOYMENT, OCCUPATIONAL HEALTH AND SAFETY

430

TANGGUNG JAWAB TERHADAP SOSIAL DAN KEMASYARAKATANRESPONSIBILITY RELATED TO SOCIAL AND COMMUNITY

434

TANGGUNG JAWAB SOSIAL TERHADAP KONSUMENSOCIAL RESPONSIBILITY RELATED TO CONSUMERS

437

TANGGUNG JAWAB SOSIAL KEPADA PEMASOKSOCIAL RESPONSIBILITY RELATED TO SUPPLIERS

439

TANGGUNG JAWAB SOSIAL KEPADA KREDITORSOCIAL RESPONSIBILITY TO CREDITORS

439

SURAT PERNYATAAN ANGGOTA DEWAN KOMISARIS DAN DIREKSI TENTANG TANGGUNG JAWAB ATAS LAPORAN TAHUNAN 2016 PT MNC KAPITAL INDONESIA TBKTHE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS STATEMENT OF RESPONSIBILITY FOR THE 2016 ANNUAL REPORT OF PT MNC KAPITAL INDONESIA TBK

441

LAPORAN KEUANGAN KONSOLIDASIAN DAN LAPORAN AUDITOR INDEPENDENCONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT

7

INDEKS KRITERIA ANNUAL REPORT AWARDINDEX OF ANNUAL REPORT AWARD CRITERIA 8







2016


naik

Jumlah Aset Total Assets

14,55%

MNC Life mendapatkan penghargaan Peringkat II Digital Brand Asuransi Jiwa dalam acara Infobank Digital Brand of The Year 2016MNC Life received Grade II Digital Brand Life Insurance Award

at the Infobank Digital Brand of The Year 2016 Event

MNC Life Assurance Aman IDR mendapat penghargaan sebagai Unit Link yang berpredikat SANGAT BAGUS atas Kinerja Unit Link Jenis Pendapatan Tetap Tahun 2015 dalam Infobank Unit Link Awards 2016MNC Life Assurance Aman IDR was ranked EXCELLENT for

Unit Link Fixed Income Performance in 2015 at the Infobank

Unit Link Awards 2016

MNC Dana Kombinasi sebagai Reksa Dana Campuran Terbaik 2016 Periode 5 Tahun dengan Tipe Moderat oleh Majalah Investor-Infovesta

MNC Dana Kombinasi as the Best Balanced Mutual

Fund 2016 - Period of 5 Years as a Moderate Type

by Investor-Infovesta Magazine

naik

17,08%Jumlah Pendapatan Total Revenue






2016

MNC Dana Syariah sebagai Reksa Dana Pendapatan Tetap Syariah Terbaik 2016 Periode 5 tahun oleh Majalah InvestorMNC Dana Syariah as the best Fixed Income Sharia Funds

2016 for a Period of 5 years by Investor Magazine

MNC Securities mendapat Rekor MURI - Penciptaan Investor Saham Terbanyak

dalam Satu Perguruan TinggiMNC Securities received the MURI record for Creating the

Highest Number of Stock Investors in One University

MNC Finance mendapat penghargaan Multifinance - Predikat SANGAT BAGUS

oleh Majalah InfobankMNC Finance received a Multifinance Award - ranked

EXCELLENT by Infobank Magazine







2004PT Bhakti Securities resmi didirikan. Kegiatan usaha sekuritas Perseroan dialihkan ke PT Bhakti Securities.

PT Bhakti Securities was formally established. The Companys securities business activities were transferred to PT Bhakti Securities.

Pada tanggal 15 Juli 1999, Perseroan didirikan di Jakarta dengan nama PT Bhakti Capital Indonesia.

On 15 July 1999, the Company was established in Jakarta with the name PT Bhakti Capital Indonesia.

1999

2001Penawaran Umum Perdana Saham

Perseroan.

The Companys Initial Public Offering of Shares.

Perseroan mengakuisisi PT UOB Life Sun Assurance yang kemudian namanya diganti menjadi PT MNC

Life Assurance.

The Company acquired PT UOB Life Sun Assurance later renamed as PT MNC Life Assurance.

2010

2011Perseroan mengakuisisi PT Jamindo General Insurance yang kemudian namanya diganti menjadi PT MNC Asuransi Indonesia (MNC Insurance).

PT Bhakti Asset Management. PT Bhakti Finance dan PT Bhakti Securities berganti nama menjadi PT MNC Asset Management, PT MNC Finance,

dan PT MNC Securities.

The Company acquired PT Jamindo General Insurance. later renamed PT MNC Asuransi Indonesia (MNC Insurance).

PT Bhakti Asset Management, PT Bhakti Finance and PT Bhakti Securities changed their names respectively to PT MNC Asset Management, PT MNC Finance, and PT MNC Securities.

JEJAK LANGKAHMILESTONES

2003Perseroan menjadi perusahaan induk untuk Entitas Anak yang bergerak di sektor jasa keuangan.

PT Bhakti Asset Management dan PT Bhakti Finance menjadi Entitas Anak dari Perseroan

The Company became the holding company for subsidiaries engaged in the financial services sector.

PT Bhakti Asset Management and PT Bhakti Finance became subsidiaries of the Company






2013Perseroan menerbitkan Obligasi Berkelanjutan I Tahap I sebesar Rp225 miliar dengan jangka waktu 5 tahun untuk memperkuat modal

kerja Entitas Anak.

The Company issued Sustainable Bond I Phase I amounting to Rp225 billion for a term of 5 years to strengthen its subsidiaries working capital.

2012Perseroan berganti nama menjadi PT MNC Kapital

Indonesia Tbk.

The Company changed its name to PT MNC Kapital Indonesia Tbk.

Perseroan melakukan Penawaran Umum Terbatas I dengan Hak Memesan Efek Terlebih Dahulu (HMETD) sebanyak 2.615.276.045 lembar saham dengan total dana yang diterima sebesar Rp2,35 triliun.

Perseroan mengambil alih saham dan resmi menjadi salah satu Pemegang Saham Pengendali PT Bank ICB Bumiputera Tbk yang kemudian namanya diganti menjadi PT Bank MNC Internasional Tbk.

Perseroan mengakuisisi 99,99% kepemilikan saham atas PT Indo Finance Perkasa yang kemudian namanya

diganti menjadi PT MNC Guna Usaha Indonesia.

The Company conducted a Limited Public Offering I with Pre-emptive Rights (HMETD) of 2,615,276,045 shares with total funds received amounting to Rp2.35 trillion.

The Company acquired the shares and officially became one of the controlling shareholder of PT Bank ICB Bumiputera Tbk later renamed PT Bank MNC Internasional Tbk.

The Company acquired 99.99% of the shares in PT Indo Finance Perkasa, which was later renamed to PT MNC Guna Usaha Indonesia.

2014

2015Perseroan melakukan Penawaran Umum Terbatas II denganHak Memesan Efek Terlebih Dahulu (HMETD) sebanyak551.474.960 lembar saham dengan total dana yang diterimasebesar Rp827,21 miliar.

The Company conducted a Limited Public Offering II with Pre-emptive Rights (HMETD) of 551,474,960 shares with total funds received amounting to Rp827.21 billion.

Tahun 2016 menjadi tahun penting bagi MNC Financial Services dalam membangun sistem yang kuat untuk menghadapi era digital. Pada tahun inilah. ketujuh unit bisnis yang berada di bawah naungan PT MNC Kapital Indonesia Tbk berhasil membangun fondasi infrastruktur dengan cepat dan melakukan investasi di area-area yang sangat penting.

Perseroan mendapatkan dana dari penebusan warrant sebesar Rp824,3 miliar

2016 was an important year for MNC Financial Services in building a strong system to face the digital era. To achieve this, seven business units under PT MNC Kapital Indonesia Tbk built a faster infrastructure foundation and invested in important areas.

The Company obtained funds from the execution of warrants in the amount of Rp824.3 billion

2016

JEJAK LANGKAHMILESTONES







One Of The Strategic Pillars of the Leading Integrated Investment Company

As part of a strong business group. the Company has a strong

impact on brand MNC. One important point is that the MNC

Group is strong in the media business segment, giving the

Company an advantage in efficiency and effectiveness for

product and services promotions.

Providing One Stop Integrated Financial Services

With integrated financial services, strong synergies are created

through

Better market positioning of product

Cross selling of product

Leveraging on a wider distribution of network

Owning An Integrated Digital Infrastructure

The Company has completed the digital transformation that

began by strengthening the data center, servers, networks,

security, and connectivity. 2016 became an important year for

the Company to build a strong system to face the digital era.

To achieve this, seven business units under the Company built

a faster infrastructure foundation t and invested in important

areas.

With a strong foundation built around its business units.

integrated consolidation became increasingly easier to achieve.

In 2016, the Company finalized many digital infrastructure

Merupakan Salah Satu Pilar Strategis Dari Leading Integrated Investment Company

Sebagai salah satu bagian dari kelompok usaha yang kuat maka

Perseroan memiliki dampak yang kuat atas brand MNC. Hal

penting lainnya adalah bahwa MNC Group memiliki segmen

bisnis yang kuat di bidang media, maka Perseroan memiliki

keunggulan dalam efisiensi dan efektivitas kegiatan promosi

produk dan jasa.

Kemampuan untuk dengan cepat mengembangkan a g e n d i s t r i b u s i sehingga menghasilkan pertumbuhan Gross Premi yang tinggi Ability to rapidly expand d is t r ibut ion agents resulting in high growth in Gross Premiums

Kemampuan untuk dengan cepat menjalin kemitraan bisnis dengan dealer resmiAbility to rapidly forge business partnerships with authorized dealerships

Institusi finansial dan

individual yang sangat

kredibelHighly credible financial institutions and individuals

K e m a m p u a n u n t u k

menarik, merekrut dan

mempertahankan talenta

terbaikAbility to attract, recruit and retain the best talents

Grup Media terbesar dan terintegrasi di Asia Tenggara The largest and the most integrated Media Group in South-East Asia

Dampak dari Nama Besar Brand MNC Strong Impact of the MNC Brand

Menyediakan One Stop Integrated Financial Services

Dengan melakukan integrasi jasa keuangan, akan tercipta

sinergi yang kuat melalui

Better market positioning of product

Cross selling of product

Leveraging on a wider distribution of network

Memiliki Infrastruktur Digital Yang Terintegrasi

Perseroan telah melakukan transformasi digital yang diawali

dengan penguatan data center, server, network, security, dan

connectivity. Tahun 2016 menjadi menjadi tahun penting

bagi Perseroan dalam membangun sistem yang kuat untuk

menghadapi era digital. Pada tahun inilah, ketujuh unit bisnis

yang berada di bawah naungan Perseroan berhasil membangun

fondasi infrastruktur dengan cepat dan melakukan investasi

di area-area yang sangat penting.

Dengan fondasi yang kuat di masing-masing unit bisnis, konsolidasi

secara integral pun semakin mudah dilakukan. Pada tahun 2016,

Perseroan menyelesaikan banyak proyek infrastruktur digital.






projects. Through integration, the systems became better

organized, Similarly with management. The Service Level

Agreement was improved supported by reliable teams.

Company achievements included:

Consolidated the data center

Created an integrated cloud

Migrated and refreshed the technology systems

Integrated the call center

Integrated the Database

Strengthened the security system

Built a disaster recovery system in Surabaya

Installed digitizing systems in each business unit

Integrated Branch Development

In 2016, the Company started to develop Integrated Branches

to provide integrated services under 1 (one) roof in 7 (seven)

MNC Kapital subsidiaries in 4 (four) branches. With the

Integrated Branches, the customer will be more comfortable,

and the Company will find it easier to provide services, having

better access to potential customers and of course increasing

efficiency by sharing resources. The Company plans to launch

the Integrated Branches on several locations in 2017.

Dengan integrasi tersebut, sistem menjadi lebih tertata. Demikian

pula dengan manajemen. Level Service Agreement-nya juga lebih

baik dan ditunjang oleh tim yang handal.

Hal-hal yang telah dilakukan oleh Perseroan terkait dengan

hal tersebut adalah:

Mengkonsolidasikan data center

Membuat integrated cloud

Migrasi dan refresh sistem teknologi

Integrasi call center

Integrasi database

Memperkuat security system

Membangun disaster recovery sytsem di Surabaya

Melakukan digitalisasi sistem di masing-masing unit bisnis

Pengembangan Integrated Branch

Pada tahun 2016, Perseroan telah memulai pengembangan

Integrated Branch yang akan memberikan layanan terpadu

yaitu berupa pelayanan 1 (satu) atap/terpadu untuk 7 (tujuh)

Entitas Anak MNC Kapital di 4 (empat) cabang. Dengan adanya

Integrated Branch maka nasabah akan lebih nyaman, Perseroan

akan lebih mudah dalam memberikan pelayanan, memiliki

akses yang lebih baik kepada customer potensial dan tentu

saja akan meningkatkan efisiensi melalui sharing resources.

Perseroan merencanakan untuk meresmikan beberapa lokasi

Integrated Branch di tahun 2017.

PT MNC KAPITAL INDONESIA Tbk

Produk DanaFunding Product

PerbankanBanking

Fasilitas KreditLoan Facility

Kartu KreditCredit Card

TreasuriTreasury

Trade Finance

PembiayaanMulti Finance

Pembiayaan

Konsumen ConsumerFinancing

SekuritasSecurities

Jasa Penasehat

Keuangan Financial Advisory

Services

Penjamin Emisi

EfekUnderwriting

Jasa PerantaraPedagang EfekBrokerage Services

Jasa RisetResearch Services

Asuransi JiwaLife Insurance

Asuransi JiwaKumpulan

Group Life Insurance

Asuransi Jiwa

Individu Individual Life

Insurance

Asuransi UmumGeneral Insurance

Asuransi Kendaraan

BermotorMotor Vehicle Insurance

Asuransi PropertiProperty Insurance

AsuransiPengangkutan

Marine Cargo Insurance

Asuransi EngineeringEngineering Insurance

Sewa Guna UsahaLeasing

Anjak PiutangFactoring

Sewa Pembiayaan

dan OperasiFinance & Operating Lease

Manajemen InvestasiInvestment Management

Jasa Manager InvestasiInvestment Manager Services

Jasa Penasehat InvestasiInvestment Advisory Services

Asuransi AviasiAviation Insurance

As of December 2016, the Company* owned 39.50% shares of PT Bank MNC Internasional Tbk, branded as MNCBank

Per Desember 2016, Perseroan* memiliki 39,50% saham PT Bank MNC Internasional Tbk, yang dikenal dengannama MNC Bank

Better market positioning of products Cross selling of products Leveraging on wider distribution network

Product positioning yang lebih baik di pasar Cross selling Memanfaatkan jaringan distribusi yang lebih luas

Menciptakan sinergi melaluiCreating synergies through


IKHTISARKINERJA

2016PERFORMANCE

HIGHLIGHTS2016

Kunci fondasi yang kuat adalah bahan yang baik dan tentunya itikad untuk dapat membangun

fondasi yang kokoh.

The key of solid foundation is good ingredients and a strong will to build a solid foundation.






Ikhtisar Kinerja 2016

IKHTISAR KINERJAPERFORMANCE HIGHLIGHTS

Financial Highlights Data

Financial Highlights

Ikhtisar Data Keuangan Penting

Ikhtisar KeuanganIkhtisar KeuanganFinancial Highlights

(dalam juta Rupiah)(in million Rupiah)

Uraian 2016 2015 2014 2013 2012 Description

Laporan Posisi Keuangan Konsolidasian Consolidated Financial Position

Aset Assets

Kas dan setara kas 3.245.481 3.682.608 2.629.440 372.346 300.224 Cash and Cash Equivalents

Rekening bank yang dibatasi penggunaannya - 100.000 - 215.194 - Restricted Cash in Bank

Deposito yang dijadikan jaminan pada Lembaga Kliring dan Penjaminan Efek Indonesia

6.659 6.271 5.932 5.514 4.781 Deposits used as collateral with Institute of Clearing and Settlement Guarantee for

Securities Company in Indonesia

Piutang pada Lembaga Kliring dan Penjaminan Efek Indonesia

143.543 124.296 127.008 76.219 131.936 Receivables from Institute of Clearing and

Settlement Guarantee for Securities Company in Indonesia

Piutang nasabah Receivables from customers

Pihak berelasi - - 11 - - Related Parties

Pihak ketiga 1.213.479 1.188.893 533.566 420.151 1.418.014 Third Parties

Efek-efek Securities

Pihak berelasi 291.312 275.479 379.273 279.122 336.339 Related Parties

Pihak ketiga 4.205.519 2.915.164 1.874.690 119.411 43.105 Third Parties

Piutang pembiayaan Financing Receivables


Pihak ketiga 2.562.779 1.733.153 1.229.170 937.491 791.360 Third Parties

Cadangan kerugian penurunan nilai (21.552) (13.823) (13.871) (8.315) (8.017) Allowance for Impairment Losses

Kredit Loans

Pihak ketiga 7.915.557 7.038.177 6.186.398 - - Third Parties

Cadangan kerugian penurunan nilai (52.521) (37.962) (128.402) - - Allowance for Impairment Losses

Piutang pembiayaan Murabahah-bersih Murabahah Financing Receivables - net

Pihak berelasi 319 1.511 5.163 9.297 4.221 Related Parties

Pihak ketiga 487.687 617.536 542.170 361.311 137.928 Third Parties

Cadangan kerugian penurunan nilai (4.429) (8.085) (5.918) (2.368) (870) Allowance for Impairment Losses

Piutang pembiayaan Musyarakah Mutanaqisah-bersih

Musyarakah Mutanaqisah Financing Receivables - net

Pihak ketiga 85.982 - - - - Third Parties

Cadangan kerugian penurunan nilai (360) - - - - Allowance for Impairment Losses

Premi dan aset reasuransi Premiums and reinsurance assets


Pihak ketiga 372.789 332.889 304.397 182.890 85.632 Third Parties

Cadangan kerugian penurunan nilai (9.378) (8.120) (841) (327) (118) Allowance for Impairment Losses

Aset tetap - setelah dikurangi akumulasi penyusutan sebesar Rp220.152 juta pada 31 Desember 2016 dan Rp192.711 juta pada 31 Desember 2015

224.300 200.743 149.007 49.702 49.172

Property and equipment - net of accumulated depreciation of Rp220,152 million as of

December 31, 2016 and Rp192,711 million as of December 31, 2015

Aset Al - Ijarah - setelah dikurangi akumulasi penyusutan sebesar Rp213.269 juta pada 31 Desember 2016 dan Rp177.086 juta pada 31 Desember 2015

77.967 121.294 177.856 141.824 -

Al - Ijarah assets - net of accumulateddepreciation of Rp213,269 million as of

December 31, 2016 and Rp177,086 million as of December 31, 2015






Performance Highlights 2016

Ikhtisar KeuanganFinancial Highlights



Goodwill 364.163 364.163 364.163 5.494 5.494 Goodwill

Aset Pajak Tangguhan 140.635 110.126 101.687 14.441 12.446 Deferred Tax Assets

Aset lain-lain 758.653 564.500 494.021 228.903 49.398 Other Assets

Jumlah Aset 22.216.019 19.394.669 15.014.999 3.462.890 3.429.072 Total Assets

Liabilitas Liabilities

Simpanan Deposits

Pihak berelasi 665.458 805.769 881.889 - - Related Parties

Pihak ketiga 9.510.366 8.818.646 6.815.214 - - Third Parties

Simpanan dari bank lain 507.316 500.705 235.948 - - Deposits from Other Banks

Liabilitas segera 33.266 14.127 21.140 - - Liabilities immediately payable

Utang kepada Payables to

Lembaga Kliring dan Penjaminan Perusahaan Efek Indonesia

121.023 195.519 165.189 97.371 212.647 Institute of Clearing and Settlement Guarantee

for Securities Company in Indonesia

Nasabah 1.148.686 1.042.087 442.731 304.130 1.213.064 Customers

Utang reasuransi dan utang lain-lain 183.995 180.488 147.451 69.407 61.829 Reinsurance and other payables

Utang pajak 28.362 30.130 22.576 19.132 11.599 Taxes Payable

Liabilitas kontrak asuransi dan investasi 458.138 395.072 377.296 269.421 159.481 Insurance and investment contracts liability

Utang bank dan institusi keuangan non bank 1.728.885 854.278 828.954 758.852 674.497 Loans from bank and non-bank financial

institutions

Utang Al - Musyarakah 674.472 763.964 495.122 228.547 108.318 Al - Musyarakah loan

Utang Al - Mudharabah 140.454 203.312 240.361 236.744 26.137 Al - Mudharabah loan

Utang obligasi dan medium term notes - bersih 254.082 281.508 280.990 321.303 94.003 Bonds payable and medium term notes - net

Utang sewa pembiayaan 17.664 16.127 11.718 5.264 6.691 Obligations under finance lease

Liabilitas imbalan pasca kerja 65.911 53.905 57.876 11.110 16.342 Employee benefits obligation

Liabilitas lain-lain 272.662 35.026 113.716 6.428 75.608 Other Liabilities

Uang muka setoran modal - - - 363.500 - Advance For Stock Subcriptons

Jumlah Liabilitas 15.810.740 14.190.663 11.138.171 2.691.209 2.660.216 Total Liabilities

Ekuitas Equity

Modal saham - nilai nominal Rp100 per saham Capital stock - Rp100 per value per share

Modal dasar -15.000.000.000 saham pada 31 Desember2016, 2015, dan 2014. Modal dasar -4.000.000.000 saham pada 31 Desember2013 dan 2012 dengan nilai nominal Rp100per saham. Modal ditempatkan dan disetor penuh - 5.472.838.318 saham tahun 2016,4.689.385.060 saham tahun 2015,4.003.176.745 saham tahun 2014,1.364.347.500 saham tahun 2013, dan1.344.877.250 saham tahun 2012

547.284 468.939 400.318 136.434 134.488

Authorized capital - 15.000.000.000 shares onDecember 31, 2016, 2015, and 2014.

Authorized capital - 4.000.000.000 shares onDecember 31, 2013 and 2012 with a nominal

value of Rp100 per share. Issued and fully paid -5.472.838.318 shares in 2016, 4.689.385.060

shares in 2015, 4.003.176.745 shares in 2014, 1.364.347.500 shares in 2013, and

1.344.877.250 shares in 2012

Tambahan modal disetor 4.390.461 3.257.687 2.265.021 146.308 121.927 Additional Paid in Capital

Modal lain-lain - Opsi saham karyawan 17.004 6.472 5.672 11.790 7.500 Other Capital Employee Stock Options

Komponen ekuitas lainnya (78.467) (17.211) (44.415) 6.339 (533) Other Equity Component

Saldo laba Retained Earnings

Ditentukan penggunaannya 3.500 3.500 2.500 2.000 1.000 Appropriated

Belum ditentukan penggunaannya 400.832 446.545 511.474 489.521 505.843 Unappropriated










Uraian 2016 2015 2014 2013 2012 DescriptionDikurangi biaya perolehan yang sahamdiperoleh kembali - 9.401.800 saham tahun2016 dan 2015. 12.367.100 saham tahun2014, 11.365.000 saham tahun 2013, dan897.500 saham pada 31 Des 2012

(17.559) (16.347) (21.940) (20.807) (1.463)

Less Cost of Tresury Stock9.401.800 shares in 2016, and 2015,

12.367.100 shares in 2014,11.365.000 shares in 2013, and

897.500 shares on Dec 31, 2012

Ekuitas yang dapat diatribusikan Equity Atributable to the

kepada pemilik entitas induk 5.263.055 4.149.585 3.118.630 771.585 768.762 Owners of the Company

Kepentingan nonpengendali 1.142.224 1.054.421 758.198 96 94 Non-Controlling Interests

Jumlah Ekuitas 6.405.279 5.204.006 3.876.828 771.681 768.856 Total Equity

Jumlah Liabilitas dan Ekuitas 22.216.019 19.394.669 15.014.999 3.462.890 3.429.072 Total Liabilities and Equity

Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian

Consolidated Statements of Profit or Loss and Other Comprehensive

Income

Pendapatan Revenues

Bunga dan dividen 1.173.241 1.058.524 107.003 44.323 23.625 Interest and Dividends

Pendapatan pembiayaan dan sewa operasi 465.543 378.485 318.772 269.678 193.889 Financing income and operating lease

Pendapatan premi bersih 314.785 279.814 358.763 256.207 142.391 Premium Revenue - net

Pendapatan murabahah dan musyarakah 130.284 104.955 82.595 44.126 11.921 Murabahah and musyarakah income

Pendapatan Manajemen Investasi 104.558 40.365 1.089 13.563 208.970 Investment banking income

Komisi perantara pedagang efek 46.266 34.363 47.012 58.125 47.846 Brokerage commissions

Jasa manager investasi 22.128 28.252 41.750 74.531 32.145 Investment management fees

Pendapatan sewa Al - Ijarah - bersih 20.056 21.767 19.023 10.042 - Al-Ijarah lease income - net

Pendapatan bunga 10.483 7.213 11.014 16.173 9.906 Interest income

Jumlah Pendapatan 2.287.344 1.953.738 987.021 786.768 670.693 Total Revenues

Beban Expenses

Beban umum dan administrasi (997.940) (795.729) (487.425) (333.763) (281.541) General and Administration Expenses

Beban bunga (859.693) (813.539) (137.556) (137.277) (132.513) Interest Expenses

Klaim dan manfaat (196.103) (137.838) (168.605) (106.288) (54.126) Claims and Benefits

Beban bagi hasil syariah (108.819) (95.774) (79.900) (36.862) (4.889) Syariah profit sharing expenses

Penurunan nilai (84.067) (29.799) (6.223) (32.681) (12.648) Impairment Loses

Komisi neto (39.767) (32.905) (41.592) (57.400) (34.102) Net Commissions

Beban administrasi (10.158) (8.782) (8.534) (669) (5.433) Bank Charges

Lain-lain- bersih (48.592) (90.007) (1.025) (56.613) 16.805 Others - net

Jumlah Beban (2.345.139) (2.004.373) (930.860) (761.553) (508.447) Total Expenses

Laba (Rugi) Sebelum Pajak (57.795) (50.635) 56.161 25.215 162.246 Income (Loss) before tax

Manfaat (Beban) Pajak - Bersih 18.854 12.299 (26.819) (19.570) (7.499) Income Tax Benefit (Expense)

Laba (Rugi) Bersih Tahun Berjalan (38.941) (38.336) 29.342 5.645 154.747 Net Income (Loss) for the year

Penghasilan Komprehensif Lain, Setelah Pajak Other Comprehensive Income, Net of Tax

Pos yang tidak akan direklasifikasi ke laba rugi - Pengukuran kembali atas kewajiban imbalan pasti

(1.595) 3.953 (117) - - Item that will not be reclassified subsequently

to profit or loss - Remeasurement of defined benefits obligation

Pos yang akan direklasifikasi ke laba rugi - Perubahan nilai wajar efek tersedia untuk dijual

(60.007) 55.437 16.664 (824) (346)Item that may be reclassified to profit or loss

Changes in fair value of available for sale (AFS) Securities











Jumlah penghasilan komprehensif lain tahun berjalan, setelah pajak

(61.602) 59.390 16.547 (824) (346)Total other comprehensive income for the year,

net of tax

Jumlah Laba (Rugi) Komprehensif Tahun Berjalan

(100.543) 21.054 45.889 4.821 154.401 Total Comprehensive Income (Loss)

for the Year

Laba (Rugi) Bersih Yang Dapat Diatribusikan Kepada:

Profit (Loss) Attributable to:

Pemilik Entitas Induk (45.713) (43.249) 26.328 5.641 154.748 Owners of the Company

Kepentingan Non Pengendali 6.772 4.913 3.014 4 (1) Non-Controlling Interests

Jumlah (38.941) (38.336) 29.342 5.645 154.747 Total

Jumlah Laba (Rugi) Komprehensif Yang Dapat Diatribusikan Kepada:

Total Comprehensive Income (Loss) Attributable to:

Pemilik Entitas Induk (107.639) (19.862) 32.056 4.817 154.402 Owners of the Company

Kepentingan Non Pengendali 7.096 40.916 13.833 4 (1) Non-Controlling Interests

Jumlah (100.543) 21.054 45.889 4.821 154.401 Total

Laba (Rugi) Per Saham(Rupiah Penuh)

Earnings (Loss) per Share (Full Rupiah Amount)

Dasar (9.22) (10.33) 11.10 4.16 121.70 Basic

Dilusian (9.22) (10.33) 11.08 4.12 121.50 Diluted

Rasio Keuangan Financial Ratios

Jumlah Liabilitas/Ekuitas 246,84% 272,69% 287,30% 348,75% 346,00% Total Liabilities/Equity

Jumlah Liabilitas/Jumlah Aset 71,17% 73,17% 74,18% 77,72% 77,58% Total Liabilities/Total Assets

Rasio Usaha Business Ratios

EBITDA 1.022.677 958.115 301.295 270.199 299.846 EBITDA

EBITDA/Pendapatan 44,71% 49,04% 30,53% 34,34% 44,71% EBITDA/Revenue

Laba Bersih/Pendapatan (2,00%) (2,21%) 2,67% 0,72% 23,07% Net Income/Revenue

Laba Bersih/Jumlah Aset (0,21%) (0,22%) 0,18% 0,16% 4,51% Net Income/Total Assets

Laba Bersih/Ekuitas (0,71%) (0,83%) 0,68% 0,73% 20,13% Net Income/Equity

Aset Lancar/Liabilitas Lancar 116,16% 102,83% 91,56% 473,54% 172,58% Current Assets/Current Liabilities

Jumlah Liabilitas/Ekuitas 246,84% 272,69% 287,30% 348,75% 346,00% Total Liabilities/Equity

Jumlah Liabilitas/Jumlah Aset 71,17% 73,17% 74,18% 77,72% 77,58% Total Liabilities/Total Assets

Catatan untuk pembaca laporan: Tabel dan grafik pada laporan ini memaparkan data numerik dengan standar Bahasa Indonesia, sedangkan

pemaparan numerik dalam teks menggunakan standar Bahasa Inggris dan Bahasa Indonesia sesuai dengan konteksnya.

Laba bersih yang dapaat diatribusikan kepada pemilik entitas induk

Note to readers of the report: The tables and graphs in this report uses standard Bahasa for the numerical data, whereas the numerical

data in the text using standard English and Bahasa. Net income attributable to owners of the company








Operational Highlights

Share Price Information

LiabilitasLiabilities2.660 2.691 11.138 14.191 15.811

20162015201420132012

AsetAssets

3.429 3.463 15.015 19.395 22.216

20162015201420132012

EkuitasEquity

769 772 3.877 5.204 6.405

20162015201420132012

PendapatanRevenues

671 787 987 1.954 2.287

20162015201420132012

EBITDAEBITDA

300 270 301 958 1.023

20162015201420132012

(dalam milliar Rupiah) | (in billion Rupiah)(dalam milliar Rupiah) | (in billion Rupiah)

Ikhtisar Kinerja OperasionalKinerja OperasionalOperational Performance


Unit Bisnis Keterangan 2016 2015 Description Business Unit

MNC BankProduk Simpanan 10.339.407 9.766.527 Savings Products

MNC BankProduk Pinjaman 7.994.316 7.085.229 Loan Products

MNC Finance Produksi 2.517.094 1.991.155 Production MNC Finance

MNC Insurance Jumlah Premi 296.183 223.931 Production MNC Insurance

MNC Life Gross Premium 214.955 259.819 Gross Premium MNC Life

MNC Securities Laba Bersih 123.573 68.864 Net Income MNC Securities

MNC Asset ManagementAsset Under Management(dalam miliar Rupiah)

3.409 1.754Asset Under Management

(in billion Rupiah)MNC Asset Management

MNC Leasing Booking Volume 573.063 221.264 Booking Volume MNC Leasing

Informasi Harga Saham Informasi Harga Saham Tahun 20162016 Share Price Information

PeriodePeriod

Harga | PriceVolume Perdagangan

Trade Volume Jumlah SahamTotal Shares

Kapitalisasi Pasar (Rp)Market Capitalization

(Rp)Tertinggi (Rp)Highest (Rp)

Terendah (Rp)Lowest (Rp)

Penutupan (Rp)Closing (Rp)

Ribu LembarThousand Shares

Triwulan I | Quarter I 1.760 1.490 1.640 253.200 4.689.385.060 7.690.591.498.400

Triwulan II | Quarter II 1.675 1.400 1.640 18.936.400 4.933.649.649 8.091.185.424.360

Triwulan III | Quarter III 1.680 1.550 1.620 3.419.000 4.991.606.929 8.086.403.224.980

Triwulan IV | Quarter IV 1.570 1.350 1.480 610.600 5.472.838.318 8.099.800.710.640

Informasi Harga Saham Tahun 20152015 Share Price Information

PeriodePeriod

Harga | PriceVolume Perdagangan

Trade Volume Jumlah SahamTotal Shares

Kapitalisasi Pasar (Rp)Market Capitalization

(Rp)Tertinggi (Rp)Highest (Rp)

Terendah (Rp)Lowest (Rp)

Penutupan (Rp)Closing (Rp)

Ribu LembarThousand Shares

Triwulan I | Quarter I 1.768 889 1.724 150.548.100 4.003.176.745 6.901.476.708.380

Triwulan II | Quarter II 1.887 1.669 1.822 175.278.600 4.136.062.200 7.535.905.328.400

Triwulan III | Quarter III 1.808 1.649 1.649 60.611.200 4.136.062.200 6.820.366.567.800

Triwulan IV | Quarter IV 1.685 1.395 1.685 1.891.300 4.689.385.060 7.901.613.826.100








Grafik Informasi Harga Saham Tahun 2016 - 2015 2016 - 2015 Share Price Information

2.000 200.000.000

1.500 150.000.000

1.000 100.000.000

500 50.000.000

0

Q11

5

Q21

5

Q31

5

Q41

5

Q11

6

Q21

6

Q31

6

Q41

6

Harga Penutupan Closing Price

Harga Penutupan (Rupiah)Closing Price (Rupiah)

Volume PerdaganganTrade Volume

Volume Perdagangan (Ribu Lembar)Trade Volume (Thousand Shares)

0

Informasi ObligasiInformasi ObligasiBond Information

ObligasiBond

Jumlah (miliar)Amount (billion)

Jangka Waktu (Tahun)

Time Period (Years)

Tingkat Bunga Kupon

Coupon Interest

Tanggal PenerbitanIssue Date

Tanggal Jatuh Tempo

Maturity Date

PeringkatRanking

Status PembayaranPayment Status

Obligasi Berkelanjutan I Tahap I Tahun 2013 PT MNC Kapital Indonesia Tbk PT MNC Kapital Indonesia Tbk Sustainable Bonds I, Phase I 2013

Rp225 5 12,00%08 Juli 2013

July 08, 201308 Juli 2018

July 08, 2018idBBB

AktifActive

Informasi Efek LainnyaInformasi Pencatatan Medium Term NotesMedium Term Notes Listing Chronology

Jenis EfekSecurity Type

Jumlah (miliar)Amount (billion)

Jangka Waktu (Tahun)

Time Period (Years)

Tingkat Bunga Kupon

Coupon Interest

Tanggal PenerbitanIssue Date

Tanggal Jatuh Tempo

Maturity Date

PeringkatRanking

Status PembayaranPayment Status

Medium Term Notes MNC Securities I MNC Securities Medium Term Notes I

Rp35 36 12,5% 17 Mei 2016May 17, 2016

17 Mei 2019May 17, 2019

Id.BBB (Triple B,

stable outlook)

AktifActive

Bond Information

Other Securities Information








PERISTIWA PENTING PERSEROANSIGNIFICANT CORPORATE EVENTS

3 Mei 2016 | Mey 3, 2016RUPS Tahunan dan Luar Biasa dan Paparan Publik: Penambahan modal perseroan Tanpa Hak Memesan Efek Terlebih Dahulu (Non HMETD) dan Management and Employee Stock Option Program (MESOP) Baru.Annual and Extraordinary GMS and Public Exposure: Additional Company Capital without Preemptive Rights (Non HMETD) and new Management and Employee Stock Option Program (MESOP).

8 Juni 2016 | June 8, 201615 Tahun Pencatatan Saham Perseroan (Kode Saham: BCAP) di Bursa Efek Indonesia.Company Shares Registered for 15 Years, (Ticker Code: BCAP) on the Indonesia Stock Exchange.

24 Juni 2016 | June 24, 2016Buka Puasa Bersama MNC Financial Services.MNC Financial Services Breaking Fast Together.

30 September 2016 | September 30, 2016RUPS Luar Biasa: Perubahan Susunan Pengurus Perseroan.Extraordinary GMS: Changes in the Company Management Composition

20 Oktober 2016 | October 20, 2016Perseroan menyelenggarakan MNC Financial Services Planning Cycle yang merupakan rapat kerja tahunan Direksi Perseroan beserta entitas di bawahnya dan evaluasi kinerja tahun berjalan. serta perencanaan kerja untuk tahun depan.The Company conducts MNC Financial Services Planning Cycle, an annual meeting of the Board of Directors for the Company and its subsidiaries, related to the performance evaluation for the current year. As well as planning work for the next year.

911 November 2016 | November 9-11, 2016Partisipasi dalam kegiatan Indonesia Infrastructure Week (IIW) di Jakarta Convention Center.Participation in the Indonesia Infrastructure Week (IIW) at the Jakarta Convention Center.


26 Januari 2016 | January 26, 2016MNC Insurance Meluncurkan MNCI Apps di Grand Hyatt Jakarta.MNC Insurance Launched an MNCI Apps in Grand Hyatt Jakarta.

JANUARI | JANUARY

25 Januari 2016 | January 25, 2016 MNC Securities berpartisipasi dalam Asosiasi Dana Pensiun Indonesia Gathering and Market Outlook 2016 di Hotel Royal Kuningan, Jakarta.MNC Securities participated in Indonesia Pension Fund Gathering and Market Outlook 2016 in Hotel Royal Kuningan, Jakarta.

28 Januari 2016 | January 28, 2016MNC Securities mengadakan Investor Gathering and Market Outlook 2016 di The Sunan Hotel, Solo.MNC Securities held Investor Gathering and Market Outlook 2016 in The Sunan Hotel, Solo.







FEBRUARI | FEBRUARY

15 Februari 2016 | February 15, 2016MNC Finance mengadakan Soft Launching Bang Kredit Mobile di MNC Financial Center, Jakarta.MNC Finance held a Bang Kredit Mobile Soft Launching in MNC Financial Center, Jakarta.

17 Februari2016 | February 17, 2016MNC Bank melakukan peresmian Relokasi Kantor Cabang Jambi.MNC Bank Relocate Jambi Branch Office.

18 Februari 2016 | February 18, 2016Penandatanganan Perjanjian Kerja Sama Jasa Pembukaan Rekening Dana Nasabah antara MNC Securities dan Bank Rakyat Indonesia (BRI) di Main Hall Bursa Efek Indonesia, Jakarta.Cooperation agreement signing between MNC Securities and Bank Rakyat Indonesia for Brokerage Account Opening Service in the Main Hall, Indonesia Stock Exchange, Jakarta.

18 Februari 2016 | February 18, 2016Penandatanganan Perjanjian Kerja Sama MNC Securities dengan Bank Sumut sebagai Sub Agen Penjual Sukuk Negara Ritel SR008 di MNC Financial Center, Jakarta.Cooperation Agreement signing between MNC Securities and Bank Sumut as a sub-selling agent of Retail Sharia Government bond SR-008 Series.

19 Februari 2016 | February 19, 2016MNC Securities berpartisipasi dalam Gathering Sukuk Negara Ritel SR-008 di Medan.MNC Securities participated in Retail Sharia Government bond as SR-008 Series Gathering in Medan.

29 Februari2016 | February 29, 2016MNC Securities berpartisipasi dalam Gathering Sukuk Negara Ritel SR-008 di Kendari.MNC Securities participated in Retail Sharia Government bond SR-008 Series in Kendari.

9 Februari 2016 | February 9, 2016Sinergi MNC Life MNC Bank Meluncurkan Produk MNC Safe Pro di MNC Tower, Jakarta.MNC Life MNC Bank Synergy MNC Safe Pro Product Launch in MNC Tower, Jakarta.

10 Februari 2016 | February 10, 2016MNC Life meluncurkan Produk MNC Pro Pasti di MNC Financial Center, Jakarta.MNC Life Launch MNC Pro Pasti Product in MNC Financial Center, Jakarta.

11 Februari 2016 | February 11, 2016Kerjasama MNC Life Bank Victoria di MNC Financial Center, Jakarta.MNC LifeBank Victoria Cooperation in MNC Financial Center, Jakarta.

MARET | MARCH

1 Maret 2016 | March 1, 2016Peresmian Kantor Perwakilan Bursa Efek Indonesia - MNC Securities Makassar.Inauguration of Indonesia Stock Exchange Representative Office - MNC Securities Makassar.1 Maret 2016 | March 1, 2016Peresmian Kantor Perwakilan Bursa Efek Indonesia - MNC Securities Pontianak.Inauguration of Indonesia Stock Exchange Representative Office - MNC Securities Pontianak.1 Maret 2016 | March 1, 2016Peresmian Kantor Perwakilan Bursa Efek Indonesia - MNC Securities Pekanbaru.Inauguration of Indonesia Stock Exchange Representative Office - MNC Securities Pekanbaru.

1 Maret 2016 | March 1, 2016Peresmian Kantor Perwakilan Bursa Efek Indonesia - MNC Securities Yogyakarta.Inauguration of Indonesia Stock Exchange Representative Office - MNC Securities Yogyakarta.

14 Maret 2016 | March 14, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas Lampung.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas Lampung.

21 Maret 2016 | March 21, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas HKBP Nommensen (UHN), Medan.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas HKBP Nommensen (UHN), Medan.

22 Maret 2016 | March 22, 2016MNC Asset Management meluncurkan produk Reksa Dana Pasar Uang Syariah MNC Dana Syariah Barokah di Jakarta.MNC Asset Management Launch Reksa Dana Pasar Uang Syariah MNC Dana Syariah Barokah product in Jakarta.

30 Maret 2016 | March 30, 2016MNC Life mengadakan Golden Choice Awards 2016 di Ritz Carlton Mega Kuningan, Jakarta.MNC Life held a Golden Choice Awards 2016 in Ritz Carlton Mega Kuningan, Jakarta.

30 Maret 2016 | March 30, 2016Peresmian Galeri Investasi Syariah Bursa Efek Indonesia - MNC Securities di Universitas Al Azhar, Jakarta.Inauguration of Indonesia Stock Exchange- MNC Securities Sharia Investment Gallery in Universitas Al Azhar, Jakarta.








APRIL | APRIL

6 April 2016 | April 6, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di IAIN Zawiyah Cot Kala Langsa, Aceh.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in IAIN Zawiyah Cot Kala Langsa, Aceh.

8 April 2016 | April 8, 2016MNC Asset Management meluncurkan produk Reksa Dana Pendapatan Tetap MNC Dana SBN di Jakarta.MNC Asset Management Launch Reksa Dana Pendapatan Tetap MNC Dana SBN product in Jakarta.

11 April 2016 | April 11, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di UPN Veteran Jakarta.Inauguration of Indonesia Stock Exchange Investment - MNC Securities Gallery in UPN Veteran Jakarta.

18 April 2016 | April 18, 2016MNC Bank bekerjasama dengan PT Andalan Finance Indonesia untuk meningkatkan fasilitas Kredit.MNC Bank cooperation with PT Andalan Finance Indonesia to increase credit facilities.

20 April 2016 | April 20, 2016MNC Insurance meresmikan Kantor Cabang Bandung.MNC Insurance inaugurated its Bandung Branch Office.


3 Mei 2016 | May 3, 2016MNC Bank menyelenggarakan Rapat Umum Pemegang Saham Tahunan dan Rapat Umum Pemegang Saham Luar Biasa di Auditorium MNC Tower, Jakarta.MNC Bank holds an Annual General Meeting of Shareholders (AGMS) and the Extraordinary General Meeting of Shareholders (EGMS) at the MNC Tower Auditorium, Jakarta.

3 Mei 2016 | May 3, 2016MNC Securities berpartisipasi dalam Gathering Savings Bond Ritel SBR 002 di Makassar.MNC Securities participated in Retail Savings Bond Series 002 (SBR 002) Gathering in Makassar.

4 Mei 2016 | May 4, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di STIM Nitro, Makassar.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in STIM Nitro, Makassar.

12 Mei 2016 | May12, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas Swadaya Gunung Jati, Cirebon.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas Swadaya Gunung Jati (UNSWAGATI), Cirebon.

18 Mei 2016 | May 18, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di lokasi Universitas Trisakti, Jakarta.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas Trisakti, Jakarta.

23 Mei 2016 | May 23, 2016MNC Bank gandeng Chandra Sakti Utama Leasing dalam penyaluran fasilitas kredit.MNC Bank cooperates Chandra Sakti Utama Leasing for the extension of credit facilities.

24 Mei 2016 | May 24, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas Dharma Andalas, Padang.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas Dharma Andalas, Padang.

25 Mei 2016 | May 25, 2016MNC Bank meresmikan kantor cabang baru di Tabanan Bali.MNC Bank Inaugurates New Branch Office in Tabanan Bali.

26 Mei 2016 | May 26, 2016MNC Bank meresmikan kantor cabang baru di Jl. Gatot Subroto Bali.MNC Bank Inaugurates New Branch Office in Jl. Gatot Subroto Bali.

26 Mei 2016 | May 26, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities Mobile Universitas Bunda Mulia dan Seminar Pasar Modal bagi Karyawan PT Pembangunan Jaya Ancol Tbk di Putri Duyung Ancol, Jakarta.Inauguration of Indonesia Stock Exchange - MNC Securities Investment - Universitas Bunda Mulia University (UBM) Mobile Investment Gallery and Stock Investment Seminar for employees of PT Pembangunan Jaya Ancol Tbk at Putri Duyung Ancol, Jakarta.

MEI | MAY

1 Juni 2016 | June 1, 2016Pembukaan Kantor MNC Life Cabang Lampung.MNC Life Lampung Branch Office Opening.

1 Juni 2016 | June 1, 2016MNC Insurance meresmikan Kantor Perwakilan Bogor.MNC Insurance inaugurated its Bogor Representative Office.

2 Juni 2016 | June 2, 2016MNC Insurance meresmikan Kantor Perwakilan Tangerang.MNC Insurance inaugurated its Tangerang Representative Office.

7 Juni 2016 | June 7, 2016Relaunching Galeri Investasi Bursa Efek Indonesia Syariah - MNC Securities di STEI Tazkia Bogor.Relaunching Indonesia Stock Exchange - MNC Securities Investment Gallery in STEI Tazkia Bogor.

JUNI | JUNE







8 Juni 2016 | June 8, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas Kristen Indonesia Tomohon (UKIT), Manado.Inauguration of Indonesia Stock Exchange - MNC Securities Investment Gallery in Universitas Kristen Indonesia Tomohon (UKIT), Manado.

8 Juni 2016 | June 8, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di STIE Eben Haezar, Manado.Inauguration of Indonesia Stock Exchange Investment - MNC Securities Gallery in STIE Eben Haezar, Manado.

9 Juni 2016 | June 9, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Institut Agama Islam Negeri (IAIN), Manado.Inauguration of Indonesia Stock Exchange Investment - MNC Securities Gallery in Institut Agama Islam Negeri (IAIN), Manado.


15 Juli 2016 | July 15, 2016MNC Bank melakukan Rapat Umum Pemegang Saham Luar Biasa Kedua (RUPS LB) di MNC Tower, Jakarta.MNC Bank holds a Second Extraordinary General Meeting of Shareholders (EGMS) in MNC Tower,. Jakarta.

22 Juli 2016 | July 22, 2016MNC Securities berpartisipasi dalam acara Malam Apresiasi Bank Pembangunan Daerah (BPD) Award di Hotel Kempinski, Jakarta.MNC Securities participated in Bank Pembangunan Daerah (BPD) Appreciation Night Awards at Hotel Kempinski, Jakarta.

28 Juli 2016 | July 28, 2016MNC Bank Menjadi Tuan Rumah kegiatan BARa Bi-Monthly Sharing Session di Auditorium MNC Tower, JakartaMNC Bank Hosts BARa Bi-Monthly Sharing Session in MNC Tower Auditorium, Jakarta.

28 Juli 2016 | July 28, 2016MNC Leasing Mendapatkan Izin Pembukaan Unit Usaha Syariah Dari OJK.MNC Leasing receives license to open a Sharia Unit from OJK.

JUlI | JULY

5 Agustus 2016 | August 5, 2016Peluncuran MNC Trade New, logo baru MNC Securities, MNC Gemesin (Gemar Menabung Saham Indonesia) dan co-branding Kartu BRIZZI dengan AKSes dan MNC Securities di Bursa Efek Indonesia, Jakarta.Launch of MNC Trade New, New MNC Securities logo, MNC Gemesin (Gemar Menabung Saham Indonesia) and co-branded Kartu BRIZZI with AKSes and MNC Securities at the Indonesia Stock Exchange, Jakarta

5 Agustus 2016 | August 5, 2016MNC Bank berkolaborasi dengan Pollux Properties dalam Fasilitas Kepemilikan Apartemen.MNC Bank collaborated with Pollux Properties for Apartment Ownership Facilities.

11 Agustus 2016 | August 11, 2016Peresmian Relokasi Kantor MNC Life Cabang Medan.Inauguration of relocated MNC Life Medan Branch Office.

15 Agustus 2016 | August 15, 2016Peresmian Galeri Investasi Bursa Efek Indonesia MNC Securities di Universitas Nahdatul Ulama, Jepara.Inauguration of Indonesia Stock Exchange Investment - MNC Securities Gallery in Universitas Nahdatul Ulama, Jepara.

29 Agustus 2016 | August 29, 2016MNC Insurance meresmikan Kantor Perwakilan Lampung.MNC Insurance inaugurated its Lampung Representative Office.

25 Agustus 2016 | August 25, 2016Pembukaan MNC Leasing Cabang Medan (cabang ke 14)MNC Leasing Medan Branch Opening (14th Branch).

25 Agustus 2016 | August 25, 2016MNC Insurance meresmikan Kantor Perwakilan Pontianak.MNC Insurance inaugurated its Pontianak Representative Office.

30 Agustus 2016 | August 30, 2016Peresmian Galeri Investasi Bursa Efek Indonesia - MNC Securities Sekolah Tinggi Ilmu Manajemen Indonesia (STIMI) Samarinda.Inauguration of Indonesia Stock Exchange Investment - MNC Securities Gallery in Sekolah Tinggi Ilmu Manajemen Indonesia (STIMI) Samarinda.

31 Agustus 2016 | August 31, 2016MNC Bank melakukan penandatangan nota kesepahaman dengan PT Bank Central Asia Tbk. (BCA) dan PT Rintis Sejahtera (Rintis) mengenai implementasi dari kartu Flazz dan pengembangan infrastruktur pendukung lainnya.MNC Bank signs memorandum of understanding with PT Bank Central Asia Tbk. (BCA) and PT Rintis Sejahtera (Rintis) regarding implementation of Flazz Card and other supporting infrastructure development.

AGUSTUS | AUGUST















Arahan Dewan Komisaris telah dilaksanakan dengan sangat baik oleh Direksi.Melalui Entitas Anak, Perseroan telah berhasil meningkatkan pendapatan seluruh

segmen usahanya. Segmen perbankan mengalami peningkatan pendapatan usahasebesar 3,82%, Segmen Investasi mengalami peningkatan pendapatan usaha

sebesar 3.741,26%, Segmen asuransi mengalami peningkatan pendapatan usahasebesar 13,33%, Segmen penjaminan dan perantara perdagangan efek mengalami

peningkatan pendapatan usaha sebesar 38,90%, Segmen pengelolaan investasimengalami peningkatan pendapatan usaha yang sebesar 24,58%. Sedangkan untuk

segmen lembaga pembiayaan mengalami peningkatan pendapatan usaha sebesar22,34%. Peningkatan pendapatan tiap-tiap segmen usaha tersebut telah berhasil

meningkatkan pendapatan operasional di tahun 2016. Pendapatan operasionalPerseroan pada tahun 2016 mencapai Rp2,29 triliun meningkat Rp333,61 miliar

atau sebesar 17,08% dari tahun 2015 yang mencapai Rp1,95 triliun

The Board of Commissioners directives were very well followed by the Board of Directors.Through its Subsidiaries, the Company has managed to increase operating revenues across

all business segments, with the Banking segment increasing by 3.82%, Investment segmentincreasing by 3,741.26%, Insurance segment increasing by 13.33%, Underwriting and

Brokerage segment increasing by 38.90%, Investment management segment increasing by24.58%, and the Multifinance segment increasing by 22.34%. The increase in revenue in eachbusiness segment resulted in the total operating revenue in 2016 reaching Rp2.29 trillion, an

increase of Rp333.61 billion or 17.08% from Rp1.95 trillion in 2015.

Pemegang Saham dan para Pemangku Kepentingan lainnya

yang kami hormati.

Dewan Komisaris telah menjalankan tugas pengawasan dan

pemberian nasehat kepada kepada Direksi dengan penuh

tanggung jawab, sebagaimana diamanahkan dalam Anggaran

Dasar dan peraturan perundangan yang berlaku. Dalam

menjalankan tugasnya, Dewan Komisaris memastikan bahwa

dalam melaksanakan kegiatan operasionalnya, Perseroan

telah mengacu kepada rencana bisnis yang telah ditetapkan,

serta memastikan kepatuhan terhadap seluruh peraturan dan

perundang-undangan yang berlaku.

Dewan Komisaris senantiasa berupaya untuk memastikan

bahwa Perseroan telah telah dikelola secara profesional,

sesuai dengan kepentingan Pemegang Saham dan Pemangku

Kepentingan lainnya. Dalam menjalankan perannya, Dewan

Komisaris senantiasa menjaga obyektivitas dan independensi.

Oleh karena itu, Dewan Komisaris tidak terlibat dalam

pengambilan keputusan operasional Perseroan, kecuali halhal

yang diatur dan ditetapkan dalam Anggaran Dasar dan

Peraturan Perundang-undangan.

Dear Distinguished Shareholders and Stakeholders.

The Board of Commissioners has the task of monitoring

and providing advice to the Board of Directors, with full

responsibility, as mandated in the Articles of Association

and applicable laws and regulations. In performing its duties,

the Board of Commissioners ensures that whilst carrying out

its operations, the Company refers to an established business

plan, and ensures compliance with all applicable rules and

regulations

The Board of Commissioners ensures that the Company is being

managed in a professional manner, in accordance with the

interests of shareholders and other stakeholders. In carrying

out its role, the Board of Commissioners remains objective

and independent. Therefore, the Board is not involved in any

operational decision-making, except for matters set down

and defined in the Articles of Association and regulations.







Dewan Komisaris memiliki komite-komite yang telah

menjalankan tugas dengan efektif, yaitu Komite Audit,

Komite Nominasi dan Remunerasi, Komite Pemantau Risiko,

dan Komite Tata Kelola Terintegrasi. Tugas dan wewenang

komite-komite penunjang Dewan Komisaris telah didefinisikan

dengan jelas, sehingga dapat berperan secara efektif dalam

membantu Dewan Komisaris.

Dalam laporan ini. Dewan Komisaris melaporkan penilaian

kinerja Direksi, pandangan atas prospek usaha yang disusun

oleh Direksi, penilaian atas komite-komite penunjang Dewan

Komisaris, dan perubahan komposisi Dewan Komisaris.

Tinjauan Makro Ekonomi

Atas kinerja Perseroan yang baik, Dewan Komisaris memberikan

penghargaan yang setinggi-tingginya atas kinerja Direksi yang

telah mampu menghadapi tantangan perekonomian di tahun

2016. Meskipun tingkat pertumbuhan ekonomi Indonesia

telah mengalami sedikit peningkatan, yaitu sebesar 5,02% di

tahun 2016 meningkat dibanding tahun 2015 yang sebesar

4,79% (yoy), beberapa sentiment negatif masih terjadi di

tahun 2016. Kinerja IHSG bergerak masih melemah tipis 0,05%

dibandingkan penutupan 2016.

OJK memandang indikator kinerja intermediasi sektor jasa

keuangan Desember 2016 mayoritas bergerak membaik, meski

masih menghadapi beberapa tantangan. Dana Pihak Ketiga

(DPK) Desember 2016 tumbuh sebesar 9,60% (yoy) lebih tinggi

dibandingkan pertumbuhan Desember 2015 yang sebesar

7,3% (yoy), namun pertumbuhan kredit pada Desember 2016

tercatat sebesar 7,85% (yoy) atau lebih rendah dibandingkan

10,27% (yoy) pada Desember 2015.

Pertumbuhan piutang pembiayaan terus menunjukkan

peningkatan dan tercatat sebesar 6,67% (yoy) di Desember

2016 dibanding November 2016 sebesar 5,48%. Pertumbuhan

ini jauh lebih tinggi dari pertumbuhan tahun 2015 yang

membukukan kontraksi 0,80%.

The Board of Commissioners is assisted by Committees that

have performed their duties effectively, namely the Audit

Committee, Nomination and Remuneration Committee, Risk

Monitoring Committee and Integrated Governance Committee.

The Committees duties and authorities are clearly defined,

so they can function effectively in assisting the Board of

Commissioners.

In this report. the Board of Commissioners will report on the

Board of Directors performance, the business prospects

outlook prepared by the Board of Directors, the assessment

of the Committees below the Board of Commissioners, and

changes in the Board of Commissioners composition.

Macro Economic Review

For the good Company performance, the Board of

Commissioners conveys its highest appreciation to the Board

of Directors for their performance whilst facing the economic

challenges in 2016. Although the rate of economic growth in

Indonesia increased slightly to 5.02% in 2016, compared to

4.79% in 2015, there were some negative sentiments in 2016.

The CSPI index fell slightly by 0.05% at the close of 2016.

OJK perceived that most of performance indicators in the

financial service intermediation sector in December 2016

had started to improve, though still facing several challenges.

Third Party Funds (DPK) in December 2016 grew by 9.60%

(yoy), higher than the 7.3% (yoy) growth in December 2015,

but loan growth in December 2016 was recorded at 7.85%

(yoy) or lower compared to 10.27% (yoy) in December 2015.

Financing Receivables Growth continued to increase and

amounted to 6.67% in December 2016 compared to 5.48%

in November 2016. This growth is much higher than the growth

in 2015 that saw a contraction of 0.80%.








Sementara itu, risiko kredit Lembaga Jasa Keuangan (LJK)

terpantau berada dalam level manageable, Likuiditas, dan

permodalan LJK juga masih berada pada level yang baik. Dari sisi

permodalan, ketahanan LJK domestik secara umum berada pada

level yang sangat mencukupi untuk mengantisipasi potensi

risiko. Capital Adequacy Ratio (CAR) perbankan per Desember

2016 mencapai 22,93%.

Pertumbuhan ekonomi domestik diperkirakan meningkat

sejalan dengan proyeksi pembangunan infrastruktur dan

perbaikan harga komoditas. OJK akan terus memantau

dan berkoordinasi dengan pihak terkait dalam mengambil

langkah antisipatif atas kondisi ekonomi global yang dapat

mempengaruhi sektor jasa keuangan, seperti Kebijakan

Amerika Serikat, hasil Pemilu Negara Eropa, dan potensi

devaluasi Yuan.

Penilaian atas Kinerja Direksi

Atas kinerja Direksi yang telah mampu menghadapi

tantangan perekonomian di tahun 2016. Dewan Komisaris

memberikan penghargaan yang setinggi-tingginya. Dewan

Komisaris berpendapat bahwa Direksi telah menjalankan

tugas kepengurusan Perseroan dengan baik. Dalam

melakukan penilaian atas kinerja Direksi, Dewan Komisaris

mempertimbangkan hal-hal sebagai berikut.

Kinerja Operasional dan Keuangan

Dalam menghadapi kondisi perekonomian yang masih belum

sesuai yang diharapkan hingga berdampak pada kondisi industri

perbankan di 2016, Direksi mampu mengambil berbagai inisiatif

strategis dalam rangka meningkatkan kinerja operasional

Perseroan. Pada tahun 2016, Direksi telah melaksanakan

nasehat Dewan Komisaris yaitu dengan menetapkan dan

melaksanakan strategi pengembangan usaha yang tepat dan

efektif. Fokus strategi usaha Perseroan adalah percepatan

pengembangan bisnis dan peningkatan kinerja MNC Kapital

beserta Entitas Anak.

Meanwhile, the Financial Services Institutions (LJK) Credit

Risk was at a manageable level. LJK Liquidity, and Capital

also remained at good levels. From the capital side, domestic

LJK was generally at a level that was sufficient to anticipate

potential risks. The Capital Adequacy Ratio (CAR) per December

2016 reached 22.93%.

Domestic economic growth is expected to increase in line

with the projected infrastructure development and improving

commodity prices. OJK continues to monitor and coordinate

with relevant parties and takes anticipatory measures

based on global economic condition that could affect the

financial services sector, such as the United State policies, the

election results in the European Countries, and the potential

devaluation of the Yuan.

Board of Directors Performance Assessment

For the Board of Directors performance, whilst facing the

economic challenges in 2016, the Board of Commissioners

conveys its highest appreciation. The Board of Commissioners

believes that the Board of Directors has conducted their

management of the Company well. In assessing the Board of

Directors performance, the Board of Commissioners considered

the following matters.

Operating and Financial Performance

In the face of the economic conditions that had an impact

on the banking industry in 2016, the Board of Directors took

strategic initiatives to improve the Companys

strengthening capacities and capabilities · bisnis yang berfokus pada sektor ritel dan konsumen...

Documents