​In relation to registration for the Annual Report Award 2016 (ARA 2016) entries, it is hereby informed that the ARA 2016 registration period and deadline for annual reports submission have been "extended" until July 14, 2017.

The Annual Report Award 2016 is an annual agenda that the Financial Services Authority (OJK) holds in cooperation with the Ministry of State-Owned Enterprises, Bank  Indonesia, the Directorate General of Taxation, the National Governance Policy Committee, the Indonesia Stock Exchange, and the Indonesia Accounting Association.

For more information about registration, assessment criteria, et cetera, please download the attached files (in Indonesian):

1. The 2016 Annual Report Awards (ARA) Registration Form
2. The 2016 ARA Criteria for Pension Funds
3. The 2016 ARA Criteria for General Companies
4. Brief Information about Good Corporate Governance (GCG) Principles Implementation
5. The 2016 ARA Announcement

Today, an annual report no longer just represents a management accountability report to the General Shareholders' Meeting (RUPS), but it has become an effective tool to communicate with all parties about a company's performance and prospects in the future. Participation in the 2016 ARA competition stands for Good Corporate Governance application and from the competition, the participating companies will receive input from various stakeholders on the quality of their annual reports. Plus, their participation will further establish their presence in their respective industries.

Requirements for Participants:

• The competition is open for all types of companies, including state-owned enterprises (SOE)/province-owned enterprises (BUMD), public companies, as well as private companies;
• It is open for Pension Funds, both Financial Institutions Pension Funds (DPLK) and Employer-Sponsored Pension Funds (DPPK);
• Participants should submit their 2016 Annual Reports by sending 2 (two) hard copies and a soft copy (saved in a flash disc) of their annual reports.
• Participants should submit soft-copy presentations that describe briefly how they implemented GCG principles in no more than 10 (ten) slides.

General Assessment Criteria:

• Presence of clear and satisfactory description on corporate operation, and explanation about corporate performance as well as indicators of the company's future direction;
• Clear information on how the company applied good corporate governance;
• Excellent and lucid presentation of financial information that complies with the applicable accounting principles in Indonesia;
• Adherence to the prevailing legislation;
• The panel of judges' decisions cannot be challenged or contested.

Full assessment criteria are available from the Organizers' websites of the 2016 ARA.

Chairman of the Panel of Judges: Soedarjono

Types of Awards:

• All winners will receive certificates signed by OJK Chairman and OJK Commissioner for Capital Market;
• All participants will receive certificates signed by OJK Commissioner for Capital Market;
• All winners for State-Owned Enterprises Category will receive certificates from the Ministry of State-Owned Enterprises;
• All winners will receive certificates from the Directorate General of Taxation;
• All winners will receive certificates and awards from Bank Indonesia;
• All winners will be entitled to listing fee reduction as Issuers of the Indonesia Stock Exchange;
• All winners will be exempted from membership fees and receive books on accounting, training and certification examination from the Indonesia Accounting Association;
• All winners will receive certificates and awards from the National Governance Policy Committee
• All participants will be entitled to reductions in corporate rating fees, equity research fees, and publication subscription rates from PEFINDO;
• All winners will be published on mass media.

 Registration:

• Komite Nasional Kebijakan Governance (KNKG)

Gedung TIFA, 3^rd Floor, Room 303

Jl. Kuningan Barat No. 2

South Jakarta 12710

Tel 021 5292 0703, 021 5292 1776

• There are 2 Periods of Registration,

Period I : March 6 – May 5, 2017

Registration Fee : IDR 4,000,000

Period II : May 8 – July 14, 2017

Registration Fee : IDR 5,000,000

• Please transfer the registration fee to

Komite Nasional Kebijakan Governance QQ ARA account

Account No.: 104-00-0200611-7

Bank Mandiri, Bursa Efek Indonesia branch

Payment slip should be submitted via fax to 021 527 2531 and 021 527 6416

or by email to Erliena.Widyanti@ojk.go.id

• A participant's registration date will be recorded based on

the dates of its valid transfer proof and annual report submission proof.

• The submitted annual reports shall be the same with those presented to the stakeholders.
• Nominees for the 2016 ARA will attend interviews to be held from August 21 to 29, 2017.
• The submitted annual reports shall become properties of the 2016 ARA Committee.

For further information, please contact:

The 2016 ARA Help Desk Team:

Komite Nasional Kebijakan Governance

Jeffrey S. Siregar

Tel 021 5292 0703, 021 5292 1776

The Indonesia Stock Exchange

Goklas Tambunan

Tel 021 515 0515 ext. 4500

The Financial Services Authority (OJK)

Ejen Zainudin

Tel 021 2960 0000 ext. 6313/6311

The Organizers' Websites:

http://www.bumn.go.id

http://www.pajak.go.id  

http://www.ojk.go.id

http://www.bi.go.id

http://www.idx.co.id

http://www.knkg-indonesia.org

http://www.iaiglobal.or.id