Angkasa Pura

Angkasa Pura II sets the direction of GCG implementation in the form of a GCG Roadmap which is expected to guide the implementation of GCG implementation at all levels. The GCG Roadmap is directed to make GCG a reference in every operational activity. The ultimate goal of GCG Roadmap is the realization of Angkasa Pura II as a good corporate citizen. It is expected that with the achievement of the final goal, Angkasa Pura II is optimistic to improve and maintain the performance on an ongoing basis.

Strengthening GCG Implementation In interpreting good corporate governance, Angkasa Pura II has the basic principles of promoting GCG as part of the management of the Company through the implementation of a system that reflects the principles of information disclosure, accountability, equity and responsibility.

Angkasa Pura II has conducted various GCG implementation initiatives, either independently or assisted by independent parties in achieving sustainable governance.

During 2012, the achievement of the program in strengthening the implementation of GCG in Angkasa Pura II has been completed, covering:

        Implementation of the 2011 GCG Implementation Assessment
        Revised GCG Guidelines
        Revised Code of Conduct
        Signing of Integrity Pact
        Circular Letter of Prohibition of Parcel / Prize Receipt
        Intensive socialization of GCG to all Insan Angkasa Pura II
        Establishment of Compliance Units residing in Risk Management
        Circular Letter on Business / Business Prohibition for Directors and Employees at Airport Managed by Angkasa Pura II

The juridical basis for the implementation of the GCG assessment in Angkasa Pura II refers to the Regulation of the Minister of SOE Number PER-01 / MBU / 2011 dated 01 August 2011 on the Implementation of Good Corporate Governance in State-Owned Enterprises.

The parameter indicators used are the Corporate Corporate Governance Scorecard (CCGS) issued by the SOE Ministry. In its development, CCGS has undergone several developments and improvements, ie in 2005, 2008 and 2011.

In 2012, the assessment of GCG implementation is done through Self Assessment independently (internally) using indicators of assessment parameters based on the Decree of the Secretary of the Ministry of SOEs No. SK-16 / S.MBU / 2012 About Indicator Parameter Assessment and Evaluation on the Implementation of Good Corporate Governance Good Corporate Governance) to State-Owned Enterprises issued on June 6, 2012.

The indicators consist of:

        Commitment to the implementation of good corporate governance in a sustainable manner
        Shareholders and GMS / owners of capital
        Board of Commissioners / Board of Trustees
        Board of Directors
        Disclosure of information and transparency
        Other aspects

GCG Self Assessment Year 2012

The results of the GCG Self Assessment assessment by independent parties for the 2012 practice show the results with the "GOOD" rating with the achievement score of 82.08% covering 6 (six) measured aspects: Commitment to the Implementation of Sustainable Governance, Shareholders and GMS, Board of Commissioners, Board of Directors, Disclosure of Information and Transparency, and Other Aspects.


Information Regarding Parties Who Conduct Self Assessment

The 2012 GCG self assessment is conducted by internal Angkasa Pura II using self assessment method, while 2011 GCG Assessment is conducted by BPKP Banten Provincial Representative Office.

Governance Structure

In accordance with Law no. 40 Year 2007 Chapter I Regarding General Provisions Article 1, the Company's organs consist of General Meeting of Shareholders, Board of Directors and Board of Commissioners.

    The General Meeting of Shareholders, hereinafter referred to as GMS, is the Company's organs having authority not granted to the Board of Directors or the Board of Commissioners within the limits specified in the Act and / or Articles of Association.
    The Board of Directors shall be the competent corporate body and fully responsible for the maintenance of the Company for the interest of the Company, in accordance with the purposes and objectives of the Company and to represent the Company, both inside and outside the court in accordance with the provisions of the Articles of Association.
    The Board of Commissioners is an organ of the Company which is in charge of supervising publicly and / or specifically in accordance with the Articles of Association and advising the Board of Directors.

The Company's organs play a key role in the successful implementation of GCG. The Company's organs perform their functions in accordance with the provisions of legislation, the Company's Articles of Association and other provisions based on the principle that each organ has an independence in performing its duties, functions and responsibilities for the benefit of the Company.

GSM, Board of Commissioners and Board of Directors honor their respective duties, responsibilities and authorities in accordance with the Laws and Articles of Association.

In carrying out the task of managing the company, the Board of Directors is assisted by the Corporate Secretary and Internal Control Unit as well as other work units that perform the management functions of the Company.

In conducting supervisory duties, the Board of Commissioners may establish a committee, whose members are one or more members of the Board of Commissioners. The committees are accountable to the Board of Commissioners.

Governance Mechanism

Governance Mechanism is a GCG implementation mechanism that is reflected in a strong system. This is important, because GCG implementation is not enough just to rely on the pillars of governance structure, but there is a need for clear rules in the form of mechanisms. Governance mechanism can be defined as the rules of the game, procedures and clear relationships between the parties who make decisions with those who control (oversight) of the decision.

Angkasa Pura II has a Good Corporate Governance Guideline approved by Joint Decree of the Board of Commissioners Number: KEP.258.1 / GCG / X / APII- 2004 and Board of Directors Number: KEP.484.1 / KS.005 / APII-2004. The Company continues to refine its GCG (soft-structure GCG) policy to align with the business processes and GCG implementation requirements for the company.

In addition to the GCG guidelines, Angkasa Pura II has developed Code of Conduct, Audit Committee Charter, Internal Audit Charter and various policies and procedures to support good governance. All such policies and procedures are intended to encourage the Company to check and balance any business activities based on applicable GCG principles.

The General Meeting of Shareholders (AGMS) as the highest institution in Angkasa Pura II, has the authority not to be given to the Board of Commissioners or the Board of Directors within the limits stipulated in the Articles of Association and prevailing laws and regulations. Such powers include holding the BoC and BoD responsibilities in relation to the management of Angkasa Pura II, amending the articles of association, appointing and dismissing the Directors and Members of the Board of Commissioners, deciding on the distribution of duties and authority of management among Directors and others.

During 2012 Angkasa Pura II conducts 1 (one) Annual GMS and 1 (one) time of Extraordinary GMS.


Annual GMS

On May 15, 2012, Angkasa Pura II conducted an Annual General Meeting of Shareholders held at the 12th Infrastructure & Logistics Meeting Room of the Ministry of SOEs.

 

Extraordinary GMS

On July 19, 2012, Angkasa Pura II conducted an Extraordinary GMS on 21st Floor of the Ministry of SOEs.

Angkasa Pura II is aware that the implementation of corporate risk management is increasingly becoming a demand, as its success is a key factor in the successful achievement of the goal and the victory of competition at the global level.

Angkasa Pura II as a company engaged in airport services and services related to the airport continues to make improvements in realizing its vision and mission. The transformation program continues to run in all areas to support functions, including risk management. The company realizes that the implementation of corporate risk management is increasingly becoming a demand, as its success is a key factor in the success of goal achievement and the winning of competition in the global level.

The implementation of risk management can increase shareholder value, as well as provide a comprehensive picture to stakeholders as well as managers of the Company about potential opportunities and losses, thus decision makers and internal policy makers have the availability of data and information on the performance of the Company, enabling more effective and efficient decision-making.

In business activity, Angkasa Pura II faces some inherent risks. These risks can generally be divided into risks affecting people, assets, the environment, and reputation. Specifically, the risks faced by its characteristics may be in the form of operational flight failure risk, airport operation failure, service failure and non-compliance with regulations. These risks are addressed through risk mitigation, risk mitigation, or risk transfer. Evaluation is always carried out periodically in accordance with changes in risk parameters.

Continually develop and improve the framework of integrated risk management system and integrated internal control structure so as to provide information on potential risks early and further steps can be taken to minimize the impact of risks. This risk management framework is set forth in the policies, procedures, limitlimit transactions, authority and other provisions as well as various risk management tools applicable throughout the scope of business activities.

In order to develop risk management in accordance with international airport standards, the management of Angkasa Pura II has prepared a risk profile, and implemented safety security services through compliance and the development of Enterprise Risk Management-Integrated Framework and Application Techniques issued by The Committee of Sponsoring Organizations of the Treadway Commission (ERM-COSO).

The essence of the implementation of risk management is the adequacy of risk management procedures and methodologies so that the Company's business activities remain manageable at acceptable and profitable limits.

Basic Implementation of Risk Management

As a state-owned company, Angkasa Pura II must comply with existing laws and regulations. In line with the Regulation of the Minister of State-Owned Enterprises of the Republic of Indonesia No. PER-01 / MBU / 2011 article 25, Angkasa Pura II shall apply the following matters:

    The Board of Directors, in any corporate decision / action, shall consider business risks.
    The Board of Directors shall build and implement an integrated corporate risk management program that is part of the implementation of the GCG program.
    Implementation of risk management program can be done by forming a separate work unit under the Board of Directors; or assign an existing and relevant work unit to carry out the risk management function.


Risk Management Manager

Angkasa Pura II establishes Corporate Risk Management Unit as the person in charge of managing risk management with the scope of work covering Head Office and 12 (twelve) Branch Office of Angkasa Pura II, specializing in Safety Management System, Facility Risk Management and Business Risk Management.

Risk Management Policy

Angkasa Pura II's risk management policy refers to ISO 31000: 2009 Risk Management-Principles and Guidelines, which has been adopted into the national standard SNI ISO 31000: 2011.

Risk Management Strategy

Angkasa Pura II has laid out a risk management development framework in the Risk Management Standard format of the Company. The development and implementation of risk management has been started since 2006 by using the internal method approach as part of risk management and is expected to be completed entirely by 2015, in line with the Corporate Risk Management roadmap proposed in the Company's 2011-2015 RJPP rolling plan program.

As a factor supporting the implementation of risk management implementation strategy, Angkasa Pura II seeks to instil risk-conscious culture on employees by providing an adequate understanding of risk factors related to work and / or its daily functions.

Making GCG Cultural

Angkasa Pura II always strives to create a corporate culture that upholds integrity. The approach of cultural internalization is done through intervention in the three aspects of leadership, systems and employees. With this approach, Angkasa Pura II culture in addition to written in the policies and procedures also become a discipline (soft skills) practiced by the Board of Commissioners, Directors and employees in the implementation of daily work.

Angkasa Pura II has strong core values, namely THE BEST, with the following description:

Code of conduct

In order to achieve the Company's success, GCG implementation needs to be based on high integrity. Therefore, in 2007 Angkasa Pura II has drawn up a Code of Conduct that explains the Company's morale in conducting its business. The Code of Conduct which states the commitment of all employees of Angkasa Pura II has also been signed by all employees and Company Leaders in 2008 as a personal commitment to comply with the Code of Conduct documented in the Corporate Secretary Unit. Periodically, every year employees renew their commitment statement to the Code of Conduct.

Enforceability and Content of the Code of Conduct

Code of Conduct applies to all Insan Angkasa Pura II, starting from Board of Commissioners, Board of Directors, and all employees of Angkasa Pura II. In addition, external parties related to Angkasa Pura II are also required to follow the various provisions contained in the Code of Conduct.

The Code of Conduct governs the policy of ethical values ​​expressed explicitly as a standard of conduct to be guided by all Insan Angkasa Pura II.

Some important things that are regulated in Angkasa Pura II Code of Conduct are:

    Commitment statement of commitment.
    Signing of commitments with the Board of Commissioners, Directors, Trade Unions and employees.
    Vision, Mission and Philosophy / Corporate Culture.
    The Company's commitment to stakeholders.
    Commitment and behavior of Insan Angkasa Pura II.
    Enforcement of the Code of Conduct.
    Commitment statement to comply with the code of conduct.

In maintaining an ethical relationship with all parties, Angkasa Pura II formulates the Company's commitment to shareholders and stakeholders as follows:

    Commitment to Shareholders, by providing the best corporate value from financial and non financial aspects; provide complete, accurate and timely reports and implement good corporate governance;
    Commitment to Customers, in order to maintain the company's reputation, integrity, and credibility and promote harmonious corporate relationships with customers;
    Commitment to the people of Angkasa Pura II, in order to realize a quality, fair relationship and can encourage the intensity and quality of human participation of Angkasa Pura II, the company will treat Angkasa Pura II as a fair company member;
    Commitment to Supplier / Supplier, the company manages honest and fair relationships in business with suppliers / suppliers;
    Commitment to Business Partners, the relationship between the company and business partners is based on the principle of equality, transparency, and business ethics;
    Commitment to Partners, by constantly coordinating to safeguard the interests of the company and provide proportional access to the smooth execution of duties of partners;
    Commitment to Subsidiaries and Affiliated Companies, by continuously conducting coaching and rewarding and maintaining the independence of subsidiaries and affiliated companies in developing the business as a whole;
    Commitment to the Government, by conducting business professionally by observing and complying with laws and regulations, and government policies related to the business activities of the company and of behaving ethically in connection with government agencies;
    Commitment to Society and Environment, by realizing corporate social responsibility as a form of Good Corporate Citizenship.

Disclosure of Code of Conduct to All Space Insiders II

The socialization of the Code of Conduct implementation will always be done to all Angkasa Pura II personnel, from Top Management up to the operational level through various media owned by Angkasa Pura II, including utilization through information technology media which can be accessed by all employees easily at any time. Periodically, to all persons of Angkasa Pura II shall be submitted through Memo media and / or Circular Letter from the Board of Directors concerning the implementation of business ethics.

Media Socialization The spread of Code of Conduct, among others through:

    Website
    Pocket book
    Banner
    Banner
    Bulletin
    Commitment Statement
    Ads in the newspaper
    And so forth.

In addition, Angkasa Pura II conducted Socialization of Code of Conduct in upgrading forum or briefing of new employees, Signing of commitment statement to Code of Conduct by people of Angkasa Pura II and Socialization of Team Building of Employee Discipline Inspection Team (KP2DK) to all employees.

Before signing a declaration of compliance with the Code of Conduct, every employee of Angkasa Pura II is required to read, understand and live the Code of Conduct properly and correctly.

Application Efforts and Enforcement of the Code of Conduct

In 2012, enforcement of the Code of Conduct was conducted in several ways, including:

    The person responsible for the enforcement of Ethics and Conduct for all persons of Angkasa Pura II is the Board of Directors. In order to assist the effectiveness of Code of Conduct enforcement, the company formed a team of Employee Discipline Examination Group (KP2DK).
    Reporting irregular actions. Each employee is required to report a violation of the Code of Conduct implementation to the KP2DK team in their respective working areas. All such reports must be accompanied by accurate data and / or supporting evidence for further violations to be processed. Any violation of the Company's Code of Ethics and Conduct will be subject to sanctions in accordance with the degree of violation.
    Sanction offense. Every person of Angkasa Pura II who is proven to have violated the Code of Conduct shall be liable to sanctions. Sanctions for employees are determined by the Board of Directors, while sanctions for the Board of Directors and Board of Commissioners are decided by the Shareholders through the GMS.