Audit keuangan inisiatif 06 07

RegisteredPublic Accountant

TONI

H RATIM

FINAIICIAL STATEMENT YEAR2006& 2007

PERKUMPULAN INISIATIF

I

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

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)