Document 431452

RegisteredPublic Accountant
TONI
H RATIM
FINAIICIAL STATEMENT
YEAR2006& 2007
PERKUMPULAN
INISIATIF
I
Content
Page
lndependentAuditors Report
Statementof RepresentationLefter
Condensed Statementsof FinancialPosition
1
CondensedStatementsof Activities
2
Statementof Cash Flows
3
Nofesto FinancialStatements
4
Nofes to Financial Position
6
Nofes to ActivitiesRepods
7
J
T ONI
H RATIM
Reglstered, Publlc AccountsnJ
No:021iTHR-LAVXII/2008
INDEPENDENTAUDITORS'REPORT
To,
PerkumpulanINISIATIF
Jl. GunturSariIV No. 16
Bandung
We haveauditedthe accompanying
balancesheetof PerkumpuianINISIATIF as at 31
December2006 and 2007 and the related statementof activities, and cashflows for
year then ended.Thesefinancialstatements
are ihe responsibilityof the foundation's
management.
Our responsibilityis to expressan opinionbasedon our audits.
We conductedour auditsin accordancewith auditing standardsestablishedby the
IndonesiaInstituteof Accountants.Thesestandardsrequire that we plan and perfonn
the audit to obtain reasonableassurancethat the financial statementsare free of
material misstatement.An audit includes examining, on a test basis, evidence
supporting the amounts and disclosuresin the financial statement.An audit also
includesassessing
the accountingthe principlesused and significantestirnates
made
by management,as well as evaluating the overall presentationof the financial
statements.
We believethat our auditsprovidea reasonable
basisfor our opinion.
In our opinion, the financial statementsreferredto abovepresentfairly, in all material
respects,the financialpositionof PerkumpulanINISIATIF as at 31 Decernber2006
and 2007, and the resultsof its activities,its cash florvs the years then ended,in
confonnity with generallyacceptedaccountingprinciples.
BandungDecember17,2008
Kantor Akuntan Publik Toni H. Ratirn
KEP-103/KM.6t2003
NIAP:01.1.0782
Jl' ciputat No' 14 B Lt.3 Pondok_Pinang
KebayoranLama JakartaSelatan
12310
rr pasteur
Nor0##l;,t;'].:fJ
022_7676276s
t
40?64JowoBorot
; [email protected]
67"6.ite: www.inisiotif.org
LETTER OF STATEMENT OF
CHIEF OF INISIATIF ASSOCIATION
ON RESPONSIBILITY ON FINANCIAL REPORT OF 31 DECEMBER 2OO7
AND 2006AND FOR TIIE DUE DATE OF 3l DECEMBER 2OO7AND 2006
INISIATIF ASSOCIATION
We, the undersignedbelow:
L
Name
DidingSakri
Office Address
Jl. Guntursari
IV No. 16Bandung40264
Home Address
RT 01/08Kel. CibeLniying
CijotangMandiri1116
Kab.Bandung
Kec.Cimenyan
2.
Handphone
08l 560 8 9 8 4 0
Position
Chiefof ExecutiveBodyof INISIATIF
Name
Fitri Fitriah
Office Address
Jl. Guntursari
IV No. l6 Bandung
Home Address
Komp.GPA Jl. Anis Blok E,8No. 7 Baleendah
Bandung
Handphone
081320718032
Position
FinanceManager
t
? 40264JqwoBorot
[email protected]
Websitewww.inisiotif.org
Herebycertifiesthat:
1. Being responsibleto the processof preparationand providingFinancialReportof
INISIATIF.
to
2. FinancialReportof INISIATIF hasbeenpreparedand providedwith accordance
the accountingprinciplethat generallyappliedin Indonesia.
3. a. All the information in the Financial Report of INISIATIF has been writen
and correctly.
comprehensively
b. FinancialReportof INISIATIF doesnot containany incorrectfact or information,
ad"does not eliminatingany informationor fact.
4- Being responsibleto the internalcontrol systemof INISIATIF.
aretrue,completeandcorrect.
We certiff that all of our statements
Chiefof ExecutiveBodv of INISIATIF
FinanceManager
Fitri Fitriah
-
Hote
No
ASSETS
GI,RRENT ASSETS
Cashand CashEquivalents
PrepaidExpenditures
Receivable
3.
4.
5.
1,330,1
15,885.37
173,562,900.00
142,600,920.00
Total Current Assets
FIXED ASSETS
Al Cost
AccumulatedDepreciationFixedAssets
Book Value Fixed Assets
555,744,340.09
102,011,800.00
171,167,020.00
705.37
7.
78,406,350.00
23,841,427.67
il,5il,922.33
46,799,800.0O
9,450,979.17
37,349,920.93
10,912,773.37
91,584,725.00
-TOTAL ASSETS
LIABILITIESAND NETASSETS
LIABIUTIES
CunentLiabilities
Total Liabilities
HETASSETS
Unrestricted
TemporaryRestricted
Total Net Assets
91,584,725.00
9.
1,222,906,584_33
467,O25,270.0O
1,689,931,954.33
342,483,670.0G
432,203.585.83
774,687,255.93
TOTAL LIABILITIESAND NET ASSETS
(The accompanying notesform an integral part of these financial statements)
Note
No
GHA}IGES rl HETASSETS
Rp=mrg rnd G*ts Unrestricted
e,s'gl-es +crn Coftrtnirn
ftfrr R,eret-r,es
]'cnd hrap
ad Gi*rs Unrcstricted
F'tl.ftcsd
=
rfires
rd
10.
11.
l_o(ssUnrestricted
L6 Unresticted From Asset Unrestricter 12.
Lr l.e* Assets Unrestricted
.le'sr
d
777,068,021.50
499,331,334.17
837,624,338.50
42,799,575.93
1,747,646,450.00
7,276,190.OO
1,058,075,860.00
8,848,980_00
1,066,924,940.00
G-ts Temporary Restricted
c tgrn Gfilts
f,lfg Rercncs
Td fumrs
and @im Temporary Restricted
g+:Cres
Eeerff.res
hcCtlecre*e
1,425,216,380.00 478,743,650.00
189,475,980.00
63,386,260.00
f ,6{4,692,360.00
542,129,910.00
and Lcs Temporary Restricted
and Loss from Asset Temporary Restricted
ln NetAssets Temporary Restricted
MREASE/I}ECREASE
13.
14.
1,7il,922,ilO.O0
15.
1,677,302,380.00
77,620,260.00
IN NET ASSETS
677,519,830.00
389,405,010.00
432303,585.83
ET ASSETS,BEGINNINGOF YEAR
IlY,Tsfrbted
Tenporary Restricted
TOTAL NETASSETS, BEGINNINGOF YEAR
385,282,245.83
389,405,010.00
774,687,255.83
342,483,670.00
0.00
342,483,670.00
}GT ASSETS, END OF YEAR
l.firestricted
TernporaryRestricted
TOTAL NETASSETS, END OF YEAR
837,624,338.50
77,620,260.00
915,244,599.50
42,798,575.93
389,405,010.00
432,203,595.93
HET ASSET$, END OF YEAR
1,689,931,8il.33
(The accompanying notes form an integral paft of these financial statements)
774,687,255.83
Cash Flows From Operating Activities
lncreasedin Net Asset
918,581,081.50
IncreaseDepreciationEquipment
14,390,500.00
9,450,979.17
932,971,581.50
443,341,490.00
DecreasePrepaidExpenditure
lncreasein Account Receivables
D'ecneaseAccount Payable
(71,551,100.00)
433,890,510.83
(102,O11,800.00)
28,566,100.00
(171,167
,020.00)
(84,008,430.00)
89,897,800.00
(126,993,430.00) (183,281
,020.00)
liihdcash Provided by Operating Activities
805,979,151.50
260,060,470.00
Cf,dh Flors From Investing Activities
=llctFlmes of Equipment
Sae of Equipment
D-r'Ct'aseof Land
(31,606,606.13)
0-00
0.00
(46,299,800.00)
0.00
0,00
iler C6h used by Investing Activities
(31,606,606.13)
(46,799,800.00)
hcrease/(tlecrease Net in Cash and Gash Equivalent
774,371,545.37
213,260,670.00
Ceh and Gash Equivglent, Beginning of Year
555,744,340.00
342,483,670.00
1,330,115,995.37
555,7U,340.0O
Cah and Cash Equivqlent, Ended of Year
, (Theaccompanying
notesforman integralpaft of thesefinancialstatements)
PERKUMPULAN
INISIATIF
NOTES TO FINANCIAL STATEMENT
DECEMBER 3I.2OO7 AND 2006
!.
cfrfR{L
,-
The Organizations.
Perkumpulan Inisiatif formally established on September 9, 2005. Actually the activity of
Perkumpulan Inisiatif beg4n since July 2000. In the beginning activities of Perkumpulan Inisi*if
legally under Indonesia Partnership on Local Governance Inisiatif (IPGI), a program based an
network with the aim to promote local government governance using parmership approach. On
October 292002, yayasan Inisiatif has established to maintain IPGI program. On June 19,2005
Perkumpulan lnisiatif has been established to extend and continuing the activity with major
concern in upgrading the marginal society and also to be the group of individuals which have the
tame visions.
Manasement of The Inisiatif.
Board of trustee of Inisiatif based on minutes no.9 from Notaris Siti Mardiah Mubarik SH. dated
September92005 is as follows:
Chairman
Mr. SapeiRusinST.
Members
Mr. NanaSukarna,S.Sos.
Mrs. DR. Teti Armiati Arpo
The Structure of Board of Management
Chairman
:
Mr. Diding Sakri, ST-
TreasuryManager
:
Mrs. Fitri Fitriah, Amd.
Secretary
:
Mrs. Ai Sva'adah-Amd.
SL{VIIVTARY OF SIGMFICAI\
T ACCOUN TIN G POLICIES
Presentedbelow are significant accounting policies adopted in preparing the financial statementsof the
foundation, which are in conformity with generally acceptedaccounting principles in Indonesia.
a-
Basis of preparation of the financial statement
The financial statementhave been prepared on the basis of accrualsand the historical costsThe statementof cash flows are prepared basedon the indirect method by classifing cash flows on the
basis of operating, investing and financing activities. For the purpose of the statementof cash flows,
cash included cash on hand and cash in banks.
b.
Fired assetsand depreciation
Fixed assetsare statedat cost less accumulateddepreciation.
Fi-xedassetsexcept land rights, are depreciatedusing straight line method
over their estimated useful
lives as folows
Types offixed
assets
Motor Vehicles
Estimateduseful
lives
Depreciation
rate
4 years
4 years
25.00Vo
2s.00%
The cost of maintenanceand repairs is charged as an expenseas incwed.
Expenditures which exterd
the future life of assets or provide further economics benefit by
increasing capacity or quality of
prorluction are capitalised and depreciatedbasedon applicable depreciation
rates.
R.et-enuesand expensesrecognition
Revenuesand expensesare recognized on the date as the revenues
and expensesincured.
d.
L se of estimates
The preparation of furancial statementsin conformity with generally
accepted accounting principles
requrres management fo make esfimates and assumptions that affectthereported
amounts of assetsand
liabilities and disclosure of contingent assetsand liabilities at the
date of the financial statementand the
reported amounts of revenues and expensesdwing the reporting
period. Actual results could differ
from those estimates.
NOTESTO FINANCIALPOSITION
3. Cash and Cash Equivalents
Cash and Cash Equivalentsbalancesis as follows:
Cash on hand :
eash on hand (office)
291.970.00
1,616,250.00
Total cash on hands
291,970.00
1,616,250.00
Cash in Banks :
1. Bank NIAGA 224-01-01032-00-1
2. Bank NIAGA 224-01-09949-00-2
3 Bank NIAGA 224-01-00891-004
4. Bank NIAGA 224-01-00890-00-8
5 Bank NIAGA 224-01-01240-00-2
1-5
5 Bank N|AGA224-01-20896-1
; Bank Permata341-1398-38-1
3 Bank PermataU1-1Y7-55-8
9 Bank NIAGA 224-01-20702-112
1i Bank NIAGA224-01-01077-00-1
Total cash in banks
Tine Deposits
Bank NIAGAtime deposit
Totaf Gash and Gash Equivalents
6,422,030.00
339,340.00
72,949,710.0O
0.00
180,977,875.37
128,306,790.00
101,770.00
59.440.00
319,592,930.00
21,084,030.00
729,823,915.37
600,000,000.00
t,330,t15,985.37
149,317,970.00
61,436,830.00
76,il9,110.00
25,773,590.00
0.00
0.00
157,607,550.00
2,596,370.00
0.00
80,746,670.00
554,128,090.00
0.00
555,74,340-OO
Prepayments
Prepaymentsbalancesis as follows ;
1. Prepaidrent
2 Prepaidprogra:n
lotal prepayments
f-
31,250,000.00
14?,312,900.09
173,562,900.00
0.00
102,011,800,00
102,011,800.00
142,600,920.00
142,600,920.00
171,167,020.00
78,406,350.00
23,U1,427.67
46,799,800.00
9,450,979.17
54,564,922.33
37,348,920.83
10,912,773.37
91.584.725.00
10,912,773.37
91,584,725.00
Receivables
Receivablesbalancesis as follows
1 Loansto employee
Total receivables
7 . Equipment
Equipmentbalaneesis as follows
Cost of Equipment
Accumulateddepreciationof equipment
Book vafue of equipment
171,167,O20-OO
Liabilities
Liabilitiesbalancesis as follows
1 Currentliabilities
2. OtherLiabilities
Total current liabilities
6
9. Net assets
1. Unrestricted
Unrestricteduses of the net assets balance,
policy.
compliedwiththe organization
2. TemporaryRestricted
Temporary restricted of net assets for specific
purposes
Total net assets
1,222,906,594.33
407,O?5,27Q,Q0
342,483,670.00
43_2,203,595,93
1,689,931,854.33
774,697,255.93
0.00
1,425,216,390.00
1,425,216,390.00
1,120,000.00
477,623,650.00
478,743,650.00
171,695,980.00
17,780,000.00
189,475,990.00
63,386,260.00
0.00
63,386,260.00
774,M5,291.50
2,622,740.OO
497,155,634.17
2,175,700.QO
777,069,021-50
499,331,334.17
TIC}TES
TO ACTIVITIESREPORTS
tO. Contributionrevenue
revenuebalanceis as follows:
Contribution
''!. luranAnggotaPerkumpulan
lNlSlATlF
Z luranAnggota
Total
lt- qffrr Fwenue
Clfer revenuebalanceis as follows:
' Ofhce
Z Other
Total
t2. Expensesand loss from unrestricted assets
E+enses and loss from unrestricteduses of the net
cets balanceis as follows:
'1 Ofhceexpense
L Bankadm expense
Total
13-R*enue from Grants
Rerenuefrorhgrantsbalanceis as follows:
1
LGSP- USAID
2
3
4.
5.
6.
TIFA FOUNDATION
LINI EROPA-IDHR
NATIONAL DEMOCRATICINSTITUTE(NDD
TTIEASIA FOUND.A,TION
FORDFOUNDATION
Jumlah
22,508,750.00
36,465,000.00
118,316,800,00 147,8e6,000.00
440,503,250.00
662,818,420.00
259,239,600.00
210,896,440.00
300,000,000.00
0.00
607,078,050.00
0.00
1,747,646,450.00 1,058,075,960.00
7
14.Otherrevenue
Other revenuefrom interestrevenuebalanceis as
follows:
1. RK NiagaNo. 224-01-01032-00-1
2, RK NiagaN o. 224-01-09949-00-2
3. RK NiagaNo. 224-01-00891-00-4
4. RK NiagaNo. 224-01-01240-00-2
5. RK NiagaNo. 224-01-20896-1
1-5
Jumlah
1,458,770.00
933,020.00
482,500.00
1,769,910.00
2,631,990.00
809,720.00
7,735,500.00
304,760.00
0.00
0.00
7,276,190.00
8,849,980.00
15. Expenses and loss from temporary restricted assets
Expense and loss from temporary restricted assets is
as follows :
1. Propoor Village Financial ManagementProgram
2- lncreasing Public Preassureto Promote Environment:
Law Enforcement through Developing Coalition of
Communities
3. Participatory Budgeting and Expenditure Tracking
4. Develop a Guidelines to lmprove The Performance
of Local Development Planning Meeting
5. Local Public Service Improvement Jlrougir :
l. Fiscal and Authority Decentralizalion.
2. Poverty Reduction Strategy and Action Plan and
3. Health InsuranceProgram
Jumlah
1,677,302,390.00
677,5{9,830.00
16. Net Assets
1. Unrestricted
Unrestricteduses of the net assets balance,
policy.
complied
with the organization
1,222,906,594.33
342,483,670.0O
467,025,27A.00
432,203,585.83
774,687,255.93
2. TemporqryRestricted
Tempoiary restricted of net assets for specific
purposes
Total Net Assets
259,841,610.00
579,815,260.00
2,216,650.00
531,835,590.00
254,506,000.00
143,467,590.00
101,736,260.00
481,403,250.00
1,689,931,95/1.33
0.00
0.00
8
`