112.
INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
N
O
T
E
S
T
O
T
H
E
F
I
N
A
N
C
I
AL
S
TA
TE
M
ENTS
For the financial year ended 31 December 2015
18.
INVESTMENT IN SUBSIDIARY COMPANIES (CONT’D)
(a)
Composition of the Group (cont’d)
Name of subsidiaries
Country of
incorporation
Effective percentage
of equity held
Principal activities
%
2015
2014
Held by PT Salim Ivomas
Pratama Tbk (cont’d)
PT Riau Agrotama Plantation
(PT RAP)
3
Indonesia
73.46
73.45
Ownership of oil palm
plantations and mill
PT Citra Kalbar Sarana
(PT CKS)
3
Indonesia
73.46
73.45
Ownership of oil palm
plantations
PT Jake Sarana
(PT JS)
3
Indonesia
73.46
73.39
Ownership of oil palm
plantations
PT Pelangi Inti Pertiwi
(PT PIP)
3
Indonesia
73.46
73.46
Ownership of oil palm
plantations
PT Mentari Pertiwi Makmur
(PT MPM)
7
Indonesia
58.53
58.53
Investment holding
PT Citranusa Intisawit
(PT CNIS)
3
Indonesia
73.46
73.45
Ownership of oil palm
plantations and mill
Held by IndoInternational
Green Energy Resources
Pte. Ltd.
PT Mentari Subur Abadi
(PT MSA)
3
Indonesia
22.20
22.20
Investment and ownership of
oil palm plantations and mill
PT Mega Citra Perdana
(PT MCP)
4
Indonesia
22.25
22.25
Investment holding
PT Swadaya Bhakti Negaramas
(PT SBN)
3
Indonesia
22.17
22.17
Ownership of oil palm
plantations
PT Lajuperdana Indah
(PT LPI)
2
Indonesia
22.72
22.72
Ownership of sugar cane
plantations and sugar mills/
refineries
Held by PT Indoagri Inti
Plantation
PT Gunung Mas Raya
(PT GMR)
2
Indonesia
72.00
72.00
Ownership of oil palm
plantations and mill
PT Indriplant
(PT IP)
2
Indonesia
72.00
72.00
Ownership of oil palm
plantations and mill
