126 Consistent Transformation Toward Fit for Future Konsisten Bertransformasi untuk Menuju Masa Depan yang Sehat Ikhtisar Kinerja Keuangan Financial Performance Highlights Laporan Manajemen Management Report Profil Perusahaan Company Profile Analisis dan Pembahasan Manajemen Management Discussion and Analysis WIKA menyelaraskan 3 (tiga) program utama: Perumahan Rakyat, Hilirisasi Mineral, dan Ketahanan & Transisi Energi. Dewan Komisaris menilai terdapat sejumlah potensi yang dapat dioptimalkan dari tiga program tersebut. Di bidang perumahan rakyat Perseroan dapat mengambil peluang dalam proyek pembangunan 3 juta rumah bersubsidi dan permintaan hunian inklusif. Di bidang hilirisasi mineral, terdapat peluang di proyek ramah lingkungan dan dukungan dekarbonisasi nasional. Sedangkan di bidang ketahanan & transisi energi, terbuka akses pembiayaan berkelanjutan dan regulasi pro transisi energi. Untuk itu, Dewan Komisaris telah menyampaikan saran dan nasihat kepada Direksi agar dapat mewujudkan kinerja tahun 2025 yang lebih baik, antara lain: 1. Melanjutkan upaya penyehatan keuangan Perseroan secara konsisten yang dilakukan melalui 8 (delapan) stream penyehatan WIKA yang merupakan bagian dari tranformasi sebagaimana telah mendapatkan persetujuan dalam Rapat Umum Pemegang Saham Luar Biasa Tahun 2023. 2. Direksi agar melakukan pengelolaan cashflow secara hati-hati dengan memastikan arus kas aktifitas operasi tetap positif serta meningkatkan cost awareness melalui efisiensi biaya dan pengeluaran berdasarkan skala prioritas. 3. Direksi diminta memaksimalkan collection period melalui penyelesaian piutang dengan menggunakan pendekatan yang efektif dan efisien sesuai dengan ketentuan dan hukum yang berlaku. 4. Tagihan bruto agar segera diproses administrasinya, sehingga tidak menjadi permasalahan hukum dan atau peningkatan piutang Perseroan dikemudian hari. 5. Seluruh rencana pengembangan usaha, aksi korporasi dan investasi Perseroan diarahkan sebagai berikut: a. Dalam pelaksanaannya, wajib memperhatikan kemampuan finansial, mitigasi risiko serta tidak mengganggu kegiatan utama Perseroan yang berlangsung dengan tetap memperhatikan ketentuan perundang-undangan, Anggaran Dasar, Board Manual Investasi dan/atau best practice yang berlaku. b. Realisasi dari program pengembangan usaha dan investasi agar dilaporkan secara berkala kepada Dewan Komisaris pada setiap pelaksanaan Rapat Dewan Komisaris yang menyertakan Direksi. 6. Pengendalian proyek dengan pola kerjasama operasi (KSO/ JO) perlu diperjelas pengaturannya dalam perjanjian antara lain: Hak dan Kewajiban, Pengakhiran KSO/JO dan Perpajakan sehingga penyelesaian pengakhiran KSO/JO tidak menjadi permasalahan hukum di kemudian hari. 7. Setiap penarikan/pemanfaatan fasilitas pinjaman dan/atau penerbitan surat utang agar dilakukan dengan cermat dan hati-hati, memperhatikan kecukupan kapasitas dan kemampuan keuangan Perusahaan untuk melakukan repayment, ketepatan waktu penarikan dengan kebutuhan penggunaan dana, serta terhindar dari terms and conditions yang dapat memberatkan kinerja keuangan Perseroan. 8. Dalam hal terdapat aset-aset Perseroan yang tidak berkinerja baik/tidak memberikan imbal hasil yang optimal dan/atau tidak berdampak terhadap peningkatan produktivitas Perseroan, Direksi agar melakukan langkah-langkah antisipasi yang diperlukan untuk menyelesaikan permasalahan tersebut sesuai dengan ketentuan peraturan perundang-undangan. WIKA aligns three main programs: Public Housing, Mineral Downstreaming, and Energy Security & Transition. Board of Commissioners assesses that there are a number of potentials that can be optimized from the three programs. In the field of public housing, the Company can take advantage of the opportunity in the 3 million subsidized housing development project and the demand for inclusive housing. In the field of mineral downstreaming, there are opportunities in environmentally friendly projects and support for national decarbonization. Meanwhile, in the field of energy security & transition, access to sustainable financing and pro-energy transition regulations are open. For this reason, Board of Commissioners has provided suggestions and advice to Board of Directors in order to realize better performance in 2025, including: 1. Continuing the Company's consistent financial recovery efforts through 8 (eight) streams of WIKA recovery which are part of the transformation as approved at the 2023 Extraordinary General Meeting of Shareholders. 2. The Board of Directors is requested to manage cash flow carefully by ensuring that the cash flow from operating activities remains positive and increasing cost awareness through cost and expenditure efficiency based on a scale of priorities. 3. The Board of Directors is requested to maximize the collection period by settling receivables using an effective and efficient approach in accordance with applicable laws and regulations. 4. The administration of gross receivables should be processed immediately, to avoid legal problems and/or an increase in the Company's receivables in the future. 5. All of the Company's business development plans, corporate actions and investments are directed as follows: a. In its implementation, it is mandatory to pay attention to financial capabilities, risk mitigation and not to interfere with the Company's main activities that take place while still paying attention to the applicable laws and regulations, Articles of Association, Investment Board Manual and/or best practices. b. The realization of business development and investment programs should be reported periodically to Board of Commissioners at every Board of Commissioners Meeting that includes Board of Directors. 6. The control of projects with a cooperation operation pattern (KSO/JO) needs to clarify the arrangements in the agreement, including: Rights and Obligations, Termination of KSO/JO and Taxation so that the termination of KSO/JO does not become a legal issue in the future. 7. Every withdrawal/utilization of loan facilities and/or issuance of debt securities must be carried out carefully and cautiously, paying attention to the adequacy of the Company's capacity and financial capability to make repayments, the timeliness of withdrawals with the need for the use of funds, and avoiding terms and conditions that can burden the Company's financial performance. 8. In the event that there are assets of the Company that do not perform well/do not provide optimal returns and/or do not have an impact on increasing the productivity of the Company, the Board of Directors is requested to take the necessary anticipatory steps to resolve these problems in accordance with the provisions of the laws and regulations.
RkJQdWJsaXNoZXIy NTM2MDQ5