pt pp (persero) tbk. - idnfinancials

I. SURAT PERNYATAAN DIREKSI I. DIRECTOR'S STATEMENT LETTER

II. LAPORAN AUDITOR INDEPENDEN III. INDEPENDENT AUDITOR'S REPORT

III. LAPORAN KEUANGAN KONSOLIDASIAN II. CONSOLIDATED FINANCIAL STATEMENTS

- -

- -

- -

- -

- -

IV. INFORMASI KEUANGAN ENTITAS INDUK IV. PARENT ENTITY FINANCIAL INFORMATION

- -

- -

- -

- -

Laporan Arus Kas Konsolidasian 8 Consolidated Statements of Cash Flow

9Catatan Atas Laporan Keuangan

Konsolidasian

Notes to Consolidated Financial

Statements

Laporan Laba Rugi dan Penghasilan

Komprehensif Lain Konsolidasian6 Consolidated Statements of Profit or Loss

and Other Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian 7 Consolidated Statements of Changes in

Equity

Laporan Posisi Keuangan Konsolidasian 4 - 5 Consolidated Statements of Financial

Position

PT PP (Persero) Tbk.

DAFTAR ISI Halaman /

PagesTABLE OF CONTENTS

Untuk periode enam bulan yang berakhir 30

Juni 2016 dan 2015 dan tahun-tahun yang

berakhir 31 Desember 2015, 2014 dan 2013

For the six-month periods ended 30 June

2016 and 2015 and the years ended 31

December, 2015, 2014 and 2013

1 - 3

Lampiran 1 /

Appendix 1

Laporan Posisi Keuangan Entitas Induk Statements of Financial Position of Parent

Entity

Statements of Profit or Loss and Other

Comprehensive Income of Parent Entity

Statements of Changes in Equity of Parent

Entity

Statements of Cash Flows of Parent Entity

Laporan Laba Rugi dan Penghasilan

Komprehensif Lain Entitas Induk

Laporan Perubahan Ekuitas Entitas Induk

Laporan Arus Kas Entitas Induk

Lampiran 2 /

Appendix 2

Lampiran 3 /

Appendix 3

Lampiran 4 /

Appendix 4

PT PP (PERSERO) Tbk. DAN ENTITAS ANAK PT PP (PERSERO) Tbk. AND ITS SUBSIDIARIESLAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

30 JUNI 2016 DAN 31 DESEMBER 2015, 2014 DAN 2013 30 JUNE 2016 AND 31 DECEMBER 2015, 2014 AND 2013

(Dinyatakan dalam rupiah penuh, kecuali dinyatakan lain) (Expressed in full IDR, unless otherwise stated)

Catatan / 30 Juni / 31 Desember / 31 Desember / 31 Desember /

Notes June 2016 December 2015 December 2014 December 2013

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan Setara Kas 3d,3e,3f,5,48 2.171.298.980.184 3.025.394.461.065 2.408.126.221.637 2.396.801.813.562 Cash and Cash Equivalents

Investasi Jangka Pendek 3l,6,23,48 228.050.000.000 276.900.000.000 202.500.000.000 176.080.053.397 Short-Term Investments

Piutang Usaha - setelah dikurangi Account Receivables - net of

impairment of account receivable

Pihak Ketiga 3.551.786.356.313 2.427.628.174.904 1.898.034.063.453 1.236.066.764.505 Third Parties

Pihak-Pihak Berelasi 522.005.432.699 499.742.049.036 402.129.991.089 473.950.924.678 Related Parties

Piutang Retensi - setelah dikurangi Retention Receivables - net of

impairment of retention receivable

Pihak Ketiga 799.510.338.975 723.273.220.729 528.792.383.693 292.230.272.697 Third Parties


Tagihan Bruto Kepada Pemberi Kerja - Gross Receivables from Project Owners -

net of impairment of gross receivable


Pihak-Pihak Berelasi 2.134.432.092.738 2.121.578.613.705 1.011.575.520.283 2.228.961.493.063 Related Parties

Piutang Lain-Lain Other Receivables

Pihak Ketiga 52.598.622 247.315.921 25.851.925.861 26.196.581.483 Third Parties


Persediaan 3j,11,23 2.628.109.059.663 2.498.625.335.323 2.502.496.930.309 1.672.895.931.777 Inventories

Uang Muka Ventura Bersama 3q,12 3.000.000.000 3.000.000.000 156.073.913.556 159.673.913.556 Advance Payments of Joint Venture

Uang Muka 13 249.922.382.111 48.602.192.221 138.086.542.967 114.306.027.280 Advances

Pajak Dibayar Dimuka 3u,14a 326.555.008.863 467.771.455.951 462.183.693.383 597.982.011.499 Prepaid Taxes

Beban Dibayar Dimuka 3k,15 509.409.592.709 259.322.122.429 329.626.652.178 259.448.072.723 Prepaid Expenses

Jaminan 16 20.683.166.932 17.864.013.374 6.231.177.840 2.203.584.462 Guarantees

Jumlah Aset Lancar 16.175.612.347.454 15.430.535.434.558 13.477.331.738.583 11.797.062.088.938 Total Current Assets

ASET TIDAK LANCAR NON CURRENT ASSETS

Piutang Lain-lain 3e,10,46 787.024.728 787.024.728 787.024.728 787.024.728 Other Receivables

Tanah Akan Dikembangkan 3j,11 247.992.592.095 247.992.592.095 172.372.120.118 104.523.442.095 Land For Development

Investasi Pada Entitas Asosiasi 3l,17 526.495.209.052 272.134.035.052 147.393.344.309 70.218.545.578 Investment in Associated Company

Investasi Jangka Panjang Lainnya 3l,18 128.549.050.000 73.799.050.000 67.799.050.000 43.299.050.000 Long Term Investment Others

Properti Investasi - setelah dikurangi Investment Property - net of

113.375.946.005 113.375.946.005 2.875.843.950 7.295.014.236 accumulated depreciation

Aset Tetap - setelah dikurangi Fixed Assets - net of

3n,20,23,40 3.250.794.533.522 2.989.066.252.798 709.713.843.323 369.640.479.200 accumulated depreciation

Aset Tidak Berwujud 22 1.895.934.391 1.121.447.184 881.771.194 - Intangible Assets

Jumlah Aset Tidak Lancar 4.269.890.289.793 3.698.276.347.861 1.101.822.997.622 595.763.555.837 Total Non Current Assets

JUMLAH ASET 20.445.502.637.247 19.128.811.782.419 14.579.154.736.205 12.392.825.644.775 TOTAL ASSETS

(Catatan atas Laporan Keuangan Konsolidasian merupakan (The accompanying Notes to the Consolidated Financial Statements

bagian tidak terpisahkan dari Laporan Keuangan Konsolidasian) are an integral part of the Consolidated Financial Statements)

akumulasi penyusutan

3e,10,48

3e,3g,3i,9,48

3d,3e,3g,3h,8,

48

3d,3e,3g,7, 23,

48

3m,19,20,23,

40

penurunan nilai wajar piutang usaha

setelah dikurangi penurunan nilai wajar

tagihan bruto

akumulasi penyusutan

penurunan nilai wajar piutang retensi

4

PT PP (PERSERO) Tbk. DAN ENTITAS ANAK PT PP (PERSERO) Tbk. AND ITS SUBSIDIARIESLAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION



Catatan / 30 Juni / 31 Desember / 31 Desember / 31 Desember /

Notes June 2016 December 2015 December 2014 December 2013

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang Bank - Jangka Pendek Short Term Bank Loans


Pihak-Pihak Berelasi 1.576.175.021.614 1.147.275.079.906 801.804.504.414 804.877.213.048 Related Parties

Utang Non Bank - Pihak Berelasi 7,11,20,24,48 911.695.286.919 401.594.722.960 674.830.453.584 107.824.269.885 Non Bank Loans - Related Parties

Utang Usaha 3e,25,48 Trade Payables



Utang Pajak 3u,14b 54.598.350.936 56.570.043.478 34.722.714.899 59.420.290.190 Taxes Payable

Liabilitas Pajak Penghasilan Final 3u,14c 354.064.982.092 291.211.795.262 220.288.930.001 174.538.532.284 Final Income Tax Liabilities

Pendapatan Diterima Dimuka 3t,26 8.446.266.475 9.626.335.196 13.675.419.607 9.422.424.455 Unearned Revenue

Beban Yang Masih Harus Dibayar 3t,27 298.862.502.676 324.088.272.363 333.076.365.289 212.131.765.162 Accrued Expenses

Bagian Liabilitas Jangka Panjang Yang

Jatuh Tempo dalam Waktu Satu Tahun Current Portion of Long Term Liabilities

Utang Bank 33 134.499.003.642 66.879.051.380 10.218.181.818 - Bank Loans

Surat Berharga Jangka Menengah 28 330.000.000.000 - - 530.000.000.000 Medium Term Notes

Uang Muka Pemberi Pekerjaan dan

Konsumen

3r,29 815.096.858.719 697.645.031.616 622.848.893.032 577.416.551.525 Advances from Project Owners and

Consumers

Utang Sewa Guna Usaha 3n,30 18.506.924.693 14.492.096.002 15.228.989.589 - Leasing Payable

Utang Jangka Pendek Lainnya 3t,31 131.695.697.659 68.096.467.462 22.733.559.982 26.863.959.154 Other Short Term Liabilities

Jumlah Liabilitas Jangka Pendek 11.082.287.590.986 10.761.799.678.106 9.418.218.107.491 8.834.729.921.462 Total Current Liabilities

LIABILITAS JANGKA PANJANG NON CURRENT LIABILITIES

Liabilitas Program Imbalan Kerja 3s,32 303.353.264 113.842.892 - - Liabilities of Employment Benefits

Utang Jangka Panjang 33,48 Long Term Liabilities

Pihak Ketiga 86.269.960.924 29.036.221.948 6.554.299.639 - Third Parties


Liabilitas Jangka Panjang setelah Dikurangi

Yang Jatuh Tempo dalam Waktu Satu Tahun Long-Term Liabilities Net of Current Portion

Surat Berharga Jangka Menengah 28 800.000.000.000 330.000.000.000 330.000.000.000 - Medium Term Notes


Konsumen

29 1.024.488.467.539 911.779.722.569 830.416.264.838 788.432.194.266 Advances from Project Owners and

ConsumersUtang Sewa Guna Usaha 30 34.602.311.855 25.831.545.955 50.398.875.372 - Leasing Payable

Utang Obligasi 3p,34 998.918.404.104 998.635.662.420 698.318.179.052 697.800.695.683 Bonds Payable

Utang Jangka Panjang Lainnya 35 427.473.445.066 447.129.872.292 490.205.114.082 15.945.934.349 Other Long Term Liabilities

Jumlah Liabilitas Jangka Panjang 3.949.783.225.612 3.247.939.870.150 2.826.003.758.460 1.616.883.002.888 Total Non Current Liabilities

Jumlah Liabilitas 15.032.070.816.598 14.009.739.548.256 12.244.221.865.951 10.451.612.924.350 Total Liabilities

EKUITAS SHAREHOLDERS EQUITY

Equity attributable to:

Pemilik Entitas Induk Owners of the Company

36

Modal Dasar - 15.000.000.000 Saham Authorized Capital-15,000,000,000 shares

484.243.650.000 484.243.650.000 484.243.650.000 484.243.650.000

Tambahan Modal Disetor 431.845.369.858 431.845.369.858 462.018.090.364 462.356.846.439 Additional Paid-in Capital

Perubahan Ekuitas Pada Entitas Anak 255.864.120.167 255.864.120.167 - - Changes in Equity of Subsidiary Company

Selisih Lebih Revaluasi Aset Tetap 21 1.256.852.103.101 1.193.468.915.718 - - Surplus of Fixed Asset Revaluation

3s,32 (34.427.108.741) (30.700.284.379) (29.322.995.961) (16.064.533.987) Remeasurement Employee Benefit

Pension ProgramSaldo Laba : Retained Earnings :

Ditentukan Penggunaannya 1.900.350.505.908 1.306.831.960.371 883.538.000.526 581.449.512.296 Appropriated

Belum Ditentukan Penggunaannya 355.340.722.705 740.323.181.921 533.406.543.587 428.300.835.871 Unappropriated

Jumlah 4.650.069.362.998 4.381.876.913.656 2.333.883.288.516 1.940.286.310.619 Total

Kepentingan Non Pengendali 37 763.362.457.651 737.195.320.507 1.049.581.738 926.409.806 Non Controlling Interest

Jumlah Ekuitas 5.413.431.820.649 5.119.072.234.163 2.334.932.870.254 1.941.212.720.425 Total Shareholders Equity

JUMLAH LIABILITAS DAN EKUITAS 20.445.502.637.247 19.128.811.782.419 14.579.154.736.205 12.392.825.644.775 SHAREHOLDERS EQUITY



Issued and Paid Up Capital 4,842,436,500

shares each as of 30 June 2016 and 31

December 2015, and 31 December 2014

and 2013

Modal Ditempatkan dan Disetor

4.842.436.500 saham masing-masing per 30

Juni 2016 dan 31 Desember 2015, serta 31

Desember 2014 dan 2013

3e,6,7,11,19,20

,23,48

Share Capital-par value IDR100 per share as

at 30 June 2016 and 31 December 2015, and

31 December 2014 and 2013

Ekuitas yang dapat diatribusikan kepada:

Pengukuran Kembali Program Pensiun

Imbalan Pasti

Modal Saham - Nilai Nominal Rp100 per 30



5

PT PP (PERSERO) Tbk. DAN ENTITAS ANAK PT PP (PERSERO) Tbk. AND ITS SUBSIDIARIESLAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

UNTUK PERIODE ENAM BULAN YANG BERAKHIR 30 JUNI 2016 DAN 2015 AND FOR THE SIX-MONTH PERIODS ENDED 2016 AND 2015

DAN TAHUN YANG BERAKHIR 31 DESEMBER 2015, 2014 DAN 2013 AND THE YEARS ENDED 31 DECEMBER 2015, 2014 AND 2013

(Dinyatakan dalam Rupiah penuh, kecuali dinyatakan lain) (Expressed in full IDR, unless otherwise stated)

30 Juni / 30 Juni / 31 Desember / 31 Desember / 31 Desember /

June 2016 June 2015 December 2015 December 2014 December 2013

(6 Bulan) / (6 Bulan) / (12 Bulan) / (12 Bulan) / (12 Bulan) /

(6 Month) (6 Month) (12 Month) (12 Month) (12 Month)

Pendapatan Usaha 3e,3t,38,46 6.472.196.346.725 5.221.446.851.031 14.217.372.867.769 12.427.371.312.550 11.655.844.311.524 Operating Revenues

Beban Pokok Penjualan 3t,39 (5.565.689.494.081) (4.538.385.563.903) (12.210.412.121.484) (10.877.659.125.998) (10.374.802.086.838) Cost of Goods Sold

Laba Kotor 906.506.852.644 683.061.287.128 2.006.960.746.285 1.549.712.186.552 1.281.042.224.686 Gross Profit

Beban Usaha 3t,20,40 Operating Expenses

Pegawai 156.103.760.115 139.498.382.040 287.556.323.896 201.677.933.802 134.815.320.350 Employees

Umum 50.182.784.671 36.931.217.944 96.071.384.547 65.449.405.695 49.542.778.927 General

Penyusutan 14.494.076.246 6.046.999.926 21.286.576.550 8.829.448.397 5.997.679.722 Depreciation

Pemasaran 2.869.160.340 2.940.179.911 4.882.303.216 5.323.367.241 5.539.162.283 Marketing

Jumlah Beban Usaha 223.649.781.372 185.416.779.821 409.796.588.209 281.280.155.135 195.894.941.282 Total Operating Expenses

Laba Usaha 682.857.071.272 497.644.507.307 1.597.164.158.076 1.268.432.031.417 1.085.147.283.404 Operating Income

Pendapatan (Beban) Lain-lain: Others Income (Expenses)

Pendapatan Lainnya 3t,41 56.334.273.421 31.012.830.332 121.459.238.692 38.370.448.923 6.701.192.713 Other Income

Beban Lainnya 3t,42 (18.634.297.526) (26.768.190.010) (61.118.943.610) (33.124.965.626) (34.593.061.209) Other Expenses

Beban Penurunan Nilai Piutang 3g,6,43 (10.111.291.065) (27.918.080.387) (63.954.616.817) (81.255.080.667) (106.934.444.957) Impairment

Beban Pendanaan / Bunga 44 (104.285.465.004) (100.950.568.486) (372.986.744.301) (343.920.520.051) (271.563.730.656) Funding / Interest Expenses

Bagian Laba Ventura Bersama 3q,45 32.646.684.279 9.972.448.756 66.924.769.110 71.023.917.344 94.252.483.918 Profit From Joint Venture

Bagian Laba Entitas Asosiasi 46 - - 46.190.743 1.374.798.731 1.473.266.866 Income From Associated Company

Laba Sebelum Pajak Penghasilan 638.806.975.377 382.992.947.512 1.287.534.051.893 920.900.630.071 774.482.990.079 Profit Before Income Tax

Penghasilan (Beban) Pajak 3u,14d Income Tax (Expenses)

Pajak Kini

Pajak Final (223.619.420.238) (167.502.736.877) (434.761.337.347) (378.125.465.420) (344.759.784.991) Final Tax

Pajak Tidak Final (4.778.612.543) (4.634.901.551) (7.209.412.928) (9.254.151.104) (1.410.218.250) Non Final Tax

Jumlah Penghasilan (Beban) Pajak (228.398.032.781) (172.137.638.428) (441.970.750.275) (387.379.616.524) (346.170.003.241)

Laba Tahun Berjalan dari Operasi 410.408.942.596 210.855.309.084 845.563.301.618 533.521.013.547 428.312.986.838

Yang Dilanjutkan

Penghasilan Komprehensif Lain Other Comprehensive Income

Pos Yang Tidak Akan

Direklasifikasi ke Laba (Rugi)

Post That Will Not Be Reclassified

to Income (Loss )

Selisih Lebih Revaluasi Aset Tetap 21 65.945.092.198 - 1.230.310.306.034 - - Surplus of Fixed Asset Revaluation

3s,32 (3.726.824.362) (10.399.442.050) (1.377.288.418) (13.258.461.974) (2.490.858.837)

14

(2.561.904.815) - (36.841.390.316) - -

Pos Yang Akan Direklasifikasi ke

Laba (Rugi)

- - - - - Post That Will Be Reclassified to

Income (Loss )

Jumlah Penghasilan Komprehensif Lain

Tahun Berjalan

470.065.305.617 200.455.867.034 2.037.654.928.918 520.262.551.573 425.822.128.001

Laba yang dapat diatribusikan Income distributed to:

kepada :

Pemilik entitas induk 355.340.722.705 160.777.704.151 740.323.181.921 533.406.543.587 428.300.835.871 Parent Company's shareholders

Kepentingan nonpengendali 37 55.068.219.891 50.077.604.933 105.240.119.697 114.469.960 12.150.967 Non controlling interest

410.408.942.596 210.855.309.084 845.563.301.618 533.521.013.547 428.312.986.838

Pemilik entitas induk 414.997.085.726 150.378.262.101 1.932.414.809.221 520.148.081.613 425.809.977.034 Parent Company's shareholders

Kepentingan nonpengendali 37 55.068.219.891 50.077.604.933 105.240.119.697 114.469.960 12.150.967 Non controlling interest

470.065.305.617 200.455.867.034 2.037.654.928.918 520.262.551.573 425.822.128.001

Laba per Saham Dasar Earning Per Share

(dalam rupiah) : 73 33 153 110 88 Authorized Capital (IDR)



Total Income (Loss ) and Other Current

Comprehensive Income distributable

to:

Income Tax Not Related To The

Reclassified Post

Total Income (Loss ) and Other

Current Comprehensive Income

1.192.091.627.300

Total Other Current Comprehensive

Income(13.258.461.974) (2.490.858.837)

Jumlah Laba (Rugi) dan Penghasilan

Komprehensif Lain Tahun Berjalan

yang dapat diatribusikan kepada:

Jumlah Laba (Rugi) dan

Penghasilan Komprehensif Lain

Tahun Berjalan

59.656.363.021 (10.399.442.050)

Pajak Penghasilan Terkait Dengan Pos

Yang Tidak Direklasifikasi

Keuntungan Aktuarial Program Imbalan

Kerja

Gain on Employment Benefit Plan

Actuarial

Catatan /

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Current Profit of Continued

Operations

Current Tax

Total Income (Expenses) Tax

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7

PT PP (PERSERO) Tbk. DAN ENTITAS ANAK PT PP (PERSERO) Tbk. AND ITS SUBSIDIARIESLAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOW








ARUS KAS DARI AKTIVITAS OPERASI

Penerimaan Kas dari Pelanggan 6.495.937.121.161 5.317.996.009.653 13.862.547.732.986 13.055.091.268.038 10.997.317.783.798 Cash Receipts from Customers

Pembayaran Kas Kepada : Payments to :

Pemasok dan Subkontraktor (8.034.586.279.834) (7.151.942.493.462) (12.343.844.725.937) (12.168.059.771.248) (9.673.900.350.229) Supplier and Subcontractors

Direksi (5.918.328.157) (1.869.332.983) (15.112.427.762) (8.694.577.448) (5.492.400.000) Directors

Karyawan dan Pihak Ketiga Lainnya (226.302.025.006) (191.460.095.351) (341.963.397.186) (187.217.705.692) (135.637.935.972) Employees and Third Party

Pembayaran Pajak-pajak (486.998.732.576) (367.691.944.089) (595.280.953.481) (251.894.094.174) (335.664.502.926) Taxes Payment

Penerimaan Pajak (Restitusi) 111.740.843.858 302.003.633.090 302.003.633.090 214.724.240.251 116.428.601.500 Taxes Received (Restitution)

Pembayaran Imbalan Pasca Kerja - - - (9.866.358.478) (43.417.818.758) Payment of Post Employments

Pembayaran Bunga (108.186.136.512) (106.549.713.842) (365.723.167.258) (361.736.266.728) (268.783.572.298) Payments of Interest Expense

ARUS KAS DARI AKTIVITAS INVESTASI

Penerimaan Investasi Jangka Pendek 140.200.000.000 17.300.000.000 137.400.000.000 288.080.053.397 347.848.350.267 Addition in Short - Term Investments

(Pembayaran) Investasi Jangka Pendek (94.784.366.166) (73.346.960.664) (214.658.037.662) (480.382.076.483) (382.848.350.267) (Payment) of Short - Term Investments

Penambahan Investasi Ventura Bersama (1.961.939.123) Addition for Investment in Joint Venture

Pengurangan (Penambahan) Investasi - Reduction (Addition) for Investment

Ventura Bersama 2.000.000.000 - (62.393.625.246) - - in Joint Venture

Penerimaan Bunga 15.719.440.606 16.368.333.772 28.685.891.876 16.543.506.111 12.551.840.607 Receipts of Clearing Account Interest

(Penambahan) Investasi Pada Entitas Asosiasi (257.127.550.000) (133.394.500.000) (78.165.485.563) (106.400.000.000) Addition of Investment in Associated Company

Pengurangan Investasi Pada Entitas Asosiasi - - 8.700.000.000 - - Divesment

(Penambahan) Investasi Jangka Panjang

Lainnya

(54.750.000.000) (6.000.000.000) (110.888.731.000) (23.000.000.000) Addition for Long Term Investment Others

(Penambahan) Tanah yang Akan Dikembangkan - - (143.469.150.000) - - Addition Land to Development

(Penambahan) Aset dalam Penyelesaian (86.857.215.965) (20.040.000.000) (121.322.928.000) - - Addition for Assset in Construction

Uang Muka Beban - (910.007.386) - - - Expense for Advances

Penerimaan Dividen - 47.940.000 47.940.000 - - Receipt of Dividends

Penambahan Aset: - Addition in Assets

Properti Investasi - - (762.796.662) (118.066.292.170) Investment Property

Aset Tetap (123.615.876.561) (76.617.029.050) (155.599.817.199) (159.868.925.454) (93.225.432.576) Fixed Assets

ARUS KAS DARI AKTIVITAS PENDANAAN

Pembayaran Dividen, Program Kemitraan Payment of Dividend, Partnership & Environment

dan Bina Lingkungan (148.064.636.384) (106.390.160.192) (106.390.160.192) (126.203.302.161) (92.926.356.435) Development Program

Penerimaan Obligasi - 300.000.000.000 300.000.000.000 - 700.000.000.000 Bond Receipt

Pembayaran Biaya Emisi Saham dan Obligasi - (21.060.293.274) (240.000.000) - - Payment of Issuance of Shares and Bonds

Penerimaan Utang Bank 3.826.422.122.962 2.786.800.592.474 4.630.945.557.338 2.949.910.596.725 2.287.311.838.841 Receipt of Bank Loans

Pembayaran Utang Bank (3.102.810.500.471) (2.226.841.840.401) (4.473.732.895.739) (2.998.307.304.753) (2.244.915.668.500) Payment of Bank Loans

Penambahan Surat Berharga Jangka Menengah 300.000.000.000 200.000.000.000 300.000.000.000 375.000.000.000 448.824.000.000 Additional of Medium Term Notes

Pembayaran Surat Berharga Jangka Menengah - 908.784.010.000 (300.000.000.000) (605.000.000.000) (598.824.000.000) Payment of Medium Term Notes

Perubahan Ekuitas Entitas Anak (28.901.082.747) - 255.864.120.167 - - Changes in Equity of Subsidiary Company

Penerimaan Utang Non Bank 1.400.500.000.000 763.548.994.470 965.700.000.000 776.982.023.037 222.528.448.475 Receipt of Non Bank Loans

Pembayaran Utang Non Bank (390.256.782.680) (689.427.511.801) (867.891.717.463) (129.290.329.788) (62.989.241.843) Payment of Non Bank Loans

1.856.889.120.680 1.915.413.791.276 704.254.904.111 243.091.683.060 659.009.020.538

(858.601.923.594) (421.297.869.036) 544.877.372.332 (6.038.073) 946.718.941.514

LABA (RUGI) SELISIH KURS (13.000.638.529) 10.481.525.210 71.084.195.760 1.844.413.876 (6.385.853.379)

3.042.901.542.307 2.408.126.221.585 2.409.432.892.973 2.406.287.845.834 1.456.468.725.427

2.171.298.980.184 1.997.309.877.759 3.025.394.461.065 2.408.126.221.637 2.396.801.813.562

(Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan (The accompanying Notes to the Consolidated Financial Statements


Kas yang dihasilkan dari (digunakan untuk)

Operasi

(1.770.869.511.836) (2.027.275.912.143) 1.161.627.182.101 691.119.213.650 1.182.287.097.597 Cash provided by (used in) Operating Activities

Net Cash provided by (used in) Operating

Activities

Kas Bersih diperoleh dari (digunakan untuk)

Aktivitas Investasi (461.177.507.209) (137.197.723.328) (662.004.226.231) (525.444.455.654) (363.139.884.139)

Net Cash provided by (used in) Investing

Activities


Aktivitas Operasi (2.254.313.537.065) (2.199.513.936.984) 502.626.694.452 282.346.734.521 650.849.805.115

SALDO KAS DAN SETARA KAS - AKHIR CASH AND CASH EQUIVALENTS - ENDING


Aktivitas Pendanaan

Net Cash provided by (used in) Financing

Activities

KENAIKAN (PENURUNAN) BERSIH KAS DAN

SETARA KAS

NET INCREASE (DECREASE) IN CASH AND

CASH EQUIVALENTS

EFFECT OF CHANGES IN FOREIGN

CURRENCIES

SALDO KAS DAN SETARA KAS PADA AWAL

TAHUN

CASH AND CASH EQUIVALENTS -

BEGINNING

8

PT PP (PERSERO) Tbk. DAN ENTITAS ANAK PT PP (PERSERO) Tbk. AND ITS SUBSIDIARIESCATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

TANGGAL 30 JUNI 2016 DAN 31 DESEMBER 2015, 2014 DAN 2013 AS OF 30 JUNE 2016 AND 31 DECEMBER 2015, 2014 AND 2013

DAN UNTUK PERIODE ENAM BULAN YANG BERAKHIR 30 JUNI 2016 DAN 2015 AND FOR THE SIX-MONTH PERIODS ENDED 30 JUNE 2016 AND 2015

DAN TAHUN YANG BERAKHIR PADA 31 DESEMBER 2015, 2014 DAN 2013 AND FOR THE YEARS ENDED 31 DECEMBER 2015, 2014 AND 2013


1. UMUM GENERAL INFORMATION

a. Pendirian dan Kegiatan Perusahaan a. Establishment and Line of Business

1. 1.

1.

Perseroan semula berbentuk N.V. Pembangunan Perumahan,

yang merupakan hasil peleburan suatu Perusahaan Bangunan

bekas milik Bank Industri Negara yang didirikan berdasarkan

Akta Notaris Raden Mr. Soewandi di Jakarta, No. 48 tanggal 26

Agustus 1953 (Bank Industri Negara kemudian dilebur menjadi

Bank Pembangunan Indonesia), dan selanjutnya berdasarkan

Undang-Undang No.19 PRP Tahun 1960 dilebur ke dalam

P.N.Pembangunan Perumahan, suatu Perusahaan Negara yang

didirikan berdasarkan Peraturan Pemerintah No.63 Tahun 1961

tanggal 29 Maret 1961 tentang Pendirian Perusahaan Negara

Pembangunan Perumahan, yang telah diumumkan dalam

Lembaran Negara Republik Indonesia No.84/1961, Tambahan

Lembaran Negara Republik Indonesia No.2218.

The Company was initially named N.V. Pembangunan Perumahan,

which resulted from merger of a construction company owned by

Bank Industri Negara established under the notary deed No. 48

dated 26 August 1953 of the notary Raden Mr. Soewandi in. The

Bank Industri Negara was then merged to Bank Pembangunan

Indonesia. Subsequently based on the Law No.19 PRP of 1960 was

merged to P.N.Pembangunan Perumahan, a state owned company

established under the Government Regulation No.63 of 1961 dated

29 March 1961, published in the State Gazette No.84/1961, and

Supplement thereto No.2218.

Selanjutnya berdasarkan Peraturan Pemerintah No. 39 Tahun

1971 tentang Pengalihan Bentuk Perusahaan Negara (PN)

Pembangunan Perumahan Menjadi Perusahaan Perseroan

(Persero), yang telah diumumkan dalam Lembaran Negara

Republik Indonesia No. 50 tahun 1971, bentuk Perusahaan

Negara Pembangunan Perumahan diubah menjadi Perusahaan

Perseroan (Persero) dan didirikan dengan Akta Perseroan

Terbatas PT Pembangunan Perumahan No. 78 tanggal 15 Maret

1973 Jo. Akta Perubahan No.247 tanggal 21 Maret 1974,

keduanya dibuat di hadapan Kartini Muljadi, S.H., Notaris di

Jakarta (“Akta Pendirian”), yang telah mendapat pengesahan dari

Menteri Kehakiman Republik Indonesia berdasarkan

Keputusannya No. Y.A.5/105/2 tanggal 30 Maret 1974;

didaftarkan di Pengadilan Negeri Jakarta pada tanggal 3 April

1974, di bawah No. 1186 dan 1187; dan diumumkan dalam Berita

Negara Republik Indonesia No. 48 tanggal 14 Juni 1974,

Tambahan Berita Negara Republik Indonesia No. 249/1974.

Subsequently by the Government Regulation No. 39 of 1971 on

reforming the state owned company - PN Pembangunan Perumahan

to become Perseroan (Persero) which published in the State Gazette

No. 50 of 1971 the Company legal form was changed into

Perusahaan Perseroan (Persero), established under the notary deed

No. 78 dated 15 March 1973 in conjunction with deed of amendment

No.247 dated 21 March 1974 both made before the notary Kartini

Muljadi, S.H., in Jakarta which was approved by the Minister of

Justice with his decree Y.A.5/105/2 dated 30 March 1974; registered

in the Jakarta District Court on 3 April 1974, under register numbers

No. 1186 and 1187 and was published in the state Gazette No. 48

dated 14 June 1974, Supplement there to No. 249/1974.

Anggaran Dasar Perseroan yang termuat dalam Akta Pendirian

telah mengalami beberapa kali perubahan, diantaranya yaitu:

The Articles of association of the Company have been amended for

several times as follows:

Perubahan Anggaran Dasar dalam rangka penyesuaian

dengan ketentuan Undang-undang No.1 Tahun 1995 tentang

Perseroan Terbatas, yang dilakukan berdasarkan Akta

Perubahan Anggaran Dasar Perusahaan Perseroan (Persero)

PT Pembangunan Perumahan No.13 tanggal 15 April 1998 Jo.

Akta Perbaikan No.69 tanggal 18 Juni 1998, keduanya dibuat

di hadapan Imas Fatimah, S.H., Notaris di Jakarta, yang telah

mendapat persetujuan dari Menteri Kehakiman Republik

Indonesia berdasarkan Keputusannya No. C2-13771.HT.01.04-

TH.98 tanggal 15 September 1998.

The amendment to the Articles of Association to conform to

stipulations in the Law No.1 of 1995 on limited liability companies,

based on changes in the Company's Articles of Association No.13

dated 15 April 1998 in conjunction with amendment No.69 dated

18 June 1998, all of them made before the notary Imas Fatimah,

S.H., in Jakarta. The amendments was approved by the Minister

of Justice with his decree No. C2-13771.HT.01.04-TH.98 dated 15

September 1998.

9






1. UMUM (lanjutan) GENERAL INFORMATION (continued)

a. Pendirian dan Kegiatan Perusahaan (lanjutan) a. Establishment and Line of Business (continued)

2. 2.

3. 3.

The report on amendment of Articles of Association was registered

on 15 September 1998, under No. C2-13770.HT.01.04.Th.98,

registered in the Company Register of the office of Companies

Registrant of East Jakarta, on dated 3 June 1999, under No.

Agenda 1313/BH.09.04/VI/99, and published in the State Gazette

No.74 dated 14 September 1999, and Supplement thereto

No.5731;


dengan Undang-Undang No.19 Tahun 2003 tentang Badan

Usaha Milik Negara, yang dilakukan berdasarkan Akta

Perubahan Anggaran Dasar No. 99 tanggal 23 Desember

2003, yang dibuat di hadapan Nila Noordjasmani Soeyasa

Besar, S.H., pengganti dari Imas Fatimah, S.H., Notaris di

Jakarta, yang telah mendapat persetujuan dari Menteri

Kehakiman dan Hak Asasi Manusia Republik Indonesia

berdasarkan keputusan No. C-30255 HT.01.04.TH.2003

tanggal 31 Desember 2003, Laporan Perubahan Anggaran

Dasar telah diterima dan dicatat dalam Database

Sisminbakum Dirketorat Jenderal Administrasi Hukum Umum

Departemen Kehakiman dan Hak Asasi Manusia Republik

Indonesia pada tanggal 31 Desember 2003, dengan No. C-

30256 HT.01.04.TH.2003, telah didaftarkan dalam Daftar

Perusahaan di Kantor Pendaftaran Perusahaan Kodya Jakarta

Timur pada tanggal 23 Januari 2004, dengan No. Agenda

107/BH.09.04/I/04 dan telah diumumkan dalam Berita Negara

Republik Indonesia No. 13 tanggal 13 Februari 2004,

Tambahan No. 1622;

Amendment to the Articles of Association to conform to Law

No.19 of 2003 on state owned companies, by amendment to

articles of association No. 99 dated 23 December 2003 made

before the notary Nila Noordjasmani Soeyasa Besar, S.H, acting

on behalf of the notary Imas Fatimah, S.H., in Jakarta, approved

by the Minister of Justice and Human Rights with his decree No.

C-30255 HT.01.04.TH.2003 dated 31 December 2003. The report

on amendment was registered in the database of Sisminbakum of

Directorate of Legal Administration, Ministry of Justice and Human

Rights on 31 December 2003, under No. C-30256

HT.01.04.TH.2003, registered in the Company Register of the

office of Companies Registrant of East Jakarta on 23 January

2004, under Agenda No. 107/BH.09.04/I/04 and published in the

State Gazette No. 13 dated 13 February 2004, and Supplement

thereto No. 1622.

1.

Laporan Perubahan Anggaran Dasar telah diterima dan dicatat

pada tanggal 15 September 1998, dengan No. C2-

13770.HT.01.04.Th.98; telah didaftarkan dalam Daftar

Perusahaan di Kantor Pendaftaran Perusahaan Kodya Jakarta

Timur pada tanggal 3 Juni 1999, dengan No. Agenda

1313/BH.09.04/VI/99; dan telah diumumkan dalam Berita

Negara Republik Indonesia No.74 tanggal 14 September 1999,

Tambahan Berita Negara Republik Indonesia No.5731;


dengan Undang-Undang Nomor 19 Tahun 2003, Undang-

Undang Nomor 40 Tahun 2007, Peraturan Pemerintah Nomor

45 Tahun 2005, yang dilakukan berdasarkan Akta Pernyataan

Keputusan Pemegang Saham Di luar Rapat dan Perubahan

Anggaran Dasar No. 121 tanggal 31 Juli 2008, yang dibuat di

hadapan Imas Fatimah S.H., Notaris di Jakarta, yang telah

mendapatkan persetujuan dari Menteri Hukum dan Hak Asasi

Manusia No.AHU-54836.AH.01.02.Tahun 2008 tanggal 25

Agustus 2008, didaftarkan dalam Daftar Perseroan dengan

No.AHU-0075254.AH.01.09.Tahun 2008 tanggal 25 Agustus

2008, dan diumumkan dalam Berita Negara Republik

Indonesia No.86 tanggal 24 Oktober 2008, Tambahan No.

21058.

Amendment of the Company's articles of association to conform to

Law 19 of 2003, Law No. 40 Tahun 2007, and Government

Regulation No. 45 of 2005 made by deed of Resolution of

Shareholders in conjunction with General Meeting of Shareholders

and Amendment of the articles of Association of PT Pembangunan

Perumahan (Persero) of the notary public Imas Fatimah S.H in

Jakarta No. 121 dated 31 July 2008. The amendment was approve

by the Ministries of Law and Human Rights of the Republic

Indonesia with his decree No. AHU-54836.AH.01.02 Tahun 2008

dated 25 August 2008, registered in the company registration

under No.AHU-0075254.AH.01.09.Tahun 2008 dated 25 August

2008, and published in the State Gazette No.86 dated 24 October

2008, Supplement thereto No. 21058.

10








4. 4.

5. 5.

6. 6.

a. a

.

The latest deeds which contain changes in members of the Board of

Commissioners and Board of Directors are:

Akta pernyataan keputusan rapat No. 32 Tanggal 22 Juni 2011

yang telah diterima pemberitahuannya oleh Menteri Hukum

dan Hak Asasi Manusia No. AHU-AH.01.10-22869 tanggal 20

Juli 2011 dan didaftarkan dalam Daftar Perseroan di bawah

No.AHU-0059201.AH.01.09.Tahun 2011 tanggal 20 Juli 2011;

Minute of meeting No. 32 dated 22 June 2011 the information of

which is accepted by the Minister of Justice and Human Rights

under No. AHU-AH.01.10-22869 dated 20 July 2011 and

registered in the company registration under No.AHU-

0059201.AH.01.09 Tahun 2011 dated 20 July 2011;

Adapun akta terakhir yang memuat perubahan susunan anggota

Direksi dan Dewan Komisaris Perseroan adalah:

1.

For the purpose of the Companies socks initial public offering

amendment to the Company's articles of association was made to

comply to the regulation of BAPEPAM-LK number IX.J.1 on

principles of articles of association of limited liability companies

which intend to make their equity securities initial public offering

and public companies, by deed of Resolution of Shareholders and

Amendment of the Articles of Association No.02 dated 5 January

2010, made before the notary Imas Fatimah, S.H., in Jakarta,

approved by the Minister of Justice and Human Rights with his

decree No. AHU-00127.AH.01.02.Tahun 2010 dated 5 January

2010, registered in the company register under No. AHU-

0000185.AH.01.09 Tahun 2010 dated 5 January 2010.

Perubahan Anggaran Dasar dalam rangka peningkatan modal

dasar, modal disetor dan perubahan nilai nominal saham, yang

dilakukan berdasarkan Akta Pernyataan Keputusan

Pemegang Saham Di luar Rapat dan Perubahan Anggaran

Dasar Perusahaan Perseroan (Persero) PT Pembangunan

Perumahan disingkat PT PP (Persero) Nomor 16 tanggal 15

Oktober 2009, dibuat dihadapan Imas Fatimah, SH, Notaris di

Jakarta, yang telah mendapatkan persetujuan dari Menteri

Hukum dan Hak Asasi Manusia No. AHU-

49862.AH.01.02.Tahun 2009 tanggal 15 Oktober 2009,

didaftarkan dalam Daftar Perseroan dengan No. AHU-

0067483.AH.01.09.Tahun 2009 tanggal 15 Oktober 2009.

The amendment of the Company's articles of association in

relation to increase in authorized capital by deed of Resolution of

Shareholders and Amendment of the Articles of Association of PT

Pembangunan Perumahan (Persero) with the notary deed of Imas

Fatimah S.H No. 16 dated 15 October 2009 which was approved

by the Minister of Law and Human Rights of the Republic

Indonesia with his decree No. AHU-49862.AH.01.02 Tahun 2009

dated 15 October 2009. Registered in the company registration

under No. AHU-0067483.AH.01.09 Tahun 2009 dated 15 October

2009.

Dalam rangka Penawaran Umum Perdana Saham Perseroan,

Anggaran Dasar Perseroan diubah untuk disesuaikan dengan

Peraturan Bapepam-LK nomor IX.J.1 tentang Pokok-pokok

Anggaran Dasar Perseroan yang Melakukan Penawaran

Umum Efek Bersifat Ekuitas dan Perusahaan Publik dengan

Akta Pernyataan Keputusan Pemegang Saham Di luar Rapat

dan Perubahan Anggaran Dasar No.02 tanggal 5 Januari

2010, yang dibuat di hadapan Imas Fatimah, S.H., Notaris di

Jakarta, yang telah mendapatkan persetujuan dari Menteri

Hukum dan Hak Asasi Manusia No. AHU-

00127.AH.01.02.Tahun 2010 tanggal 5 Januari 2010,

didaftarkan dalam Daftar Perseroan dengan No. AHU-

0000185.AH.01.09 Tahun 2010 tanggal 5 Januari 2010.

Perubahan Anggaran Dasar Perseroan sesuai dengan

Pernyataan Keputusan Pemegang Saham dalam Rapat

Umum Pemegang Saham Luar Biasa tentang Perubahan

Anggaran Dasar Perseroan, antara lain dalam rangka

penyesuaian dengan Peraturan Bapepam dan LK, Akta

Perubahan dari notaris Dr. A. Partomuan Pohan, SH, LLM No.

45 tanggal 28 Juni 2010 yang sudah diterima dan dicatat oleh

Menteri Hukum dan Hak Asasi Manusia Republik Indonesia

No. AHU-AH.01.10-17262 TH 2010 tanggal 09 Juli 2010.

Amendment to Articles of Association by decision taken in the

extraordinary meeting of the shareholders, to conform with

regulation of BAPEPAM-LK, was made by the deed No. 45 dated

28 June 2010 of the notary Dr. A. Partomuan Pohan, SH, LLM,

registered in the Ministry of Justice and Human Rights under No.

AHU-AH.01.10-17262 TH 2010 dated 09 July 2010.

11








b. b

.

To increase value to the Company, the management adopts a

corporate strategies on the basis of six business pillars: Construction,

EPC (Energy, Oil & Gas), Property & Realty, Precast, Equipment,

and Investment. To achieve the goals, the Company adopted the

Company's vision: "PT PP (Persero) Tbk Vision".

1.

Based on the latest amendment of the articles of association, the

Company's goals and objectives are to take part in construction

business industry, fabrication industry, rental service, agency,

investment, agro industry, engineering procurement and

constructions (EPC), trades, site area management, enhancement in

construction capability services, information technology, tourism,

hotels business service, engineering and planning service,

development services to produce high quality and highly competitive

goods and/or service, and to generate profit to add value to the entity

by applying limited liability company principles.

Akta pernyataan keputusan rapat No. 68 Tanggal 16 Mei 2012

yang telah diterima pemberitahuannya oleh Menteri Hukum

dan Hak Asasi Manusia No. AHU-AH.01.10-19359 tanggal 30

Mei 2012 dan didaftarkan dalam Daftar Perseroan di bawah

No.AHU-0048378.AH.01.09.Tahun 2012 tanggal 30 Mei 2012.

Minute of meeting No. 68 dated 16 May 2012 which was accepted

by the Minister of Justice and Human Rights under No. AHU-

AH.01.10-19359 dated 30 May 2012 registered in the company

registration under No.AHU-0048378.AH.01.09.Tahun 2012 dated

30 May 2012.

Sesuai dengan perubahan anggaran dasar terakhir tersebut di

atas, maksud dan tujuan perusahaan adalah turut serta

melakukan usaha di bidang industri konstruksi, industri pabrikasi,

jasa penyewaan, jasa keagenan, investasi, agro industri,

Engineering Procurement dan Construction (EPC), perdagangan,

pengelolaan kawasan, layanan jasa peningkatan kemampuan di

bidang konstruksi, teknologi informasi, kepariwisataan,

perhotelan, jasa engineering dan perencanaan, pengembang

untuk menghasilkan barang dan/atau jasa yang bermutu tinggi

dan berdaya saing kuat, serta mengejar keuntungan guna

meningkatkan nilai perseroan dengan menerapkan prinsip -

prinsip perseroan terbatas.

Kantor pusat perusahaan beralamat di Jl. Letjend. TB

Simatupang No. 57, Pasar Rebo - Jakarta Timur.

The current business activities of the Company are in construction

services, real estate (developer) & properties, precast, equipment,

and investment in infrastructure and energy.

The vision shall become strategic guide lines in facing future

challenge, which is: "To become a leading construction and

investment company which provides high added values to all of its

stakeholders". With the enactment of SK Direksi

No.272/SK/PP/DIR/2013 dated 16 October 2013, the Company's

vision: "To Be a Leader in Construstion and Investment Company in

Indonesia wich Internationally Competitive".

The Company head office is located at Jl. Letjend. TB Simatupang

No.57 Pasar Rebo - Jakarta Timur.

Dalam upaya meningkatkan nilai perusahaan, manajemen

melaksanakan strategi korporasi yang bertumpu pada enam pilar

bisnis yaitu: Konstruksi, EPC (Energi, Oil & Gas), Properti &

Realti, Pracetak, Peralatan, dan Investasi. Untuk menunjang

keberhasilan pencapaian target kinerja perusahaan tersebut,

perusahaan mencanangkan "Visi PT PP (Persero) Tbk".

Kegiatan usaha yang saat ini dilakukan adalah Jasa Konstruksi,

Realti (Pengembang) & Properti, Pracetak, Peralatan dan

Investasi di bidang Infrastruktur dan Energi.

Visi tersebut sebagai panduan perusahaan untuk menghadapi

tantangan ke depan, yaitu: "Menjadi Perusahaan Konstruksi dan

Investasi Terkemuka Yang Memberikan Nilai Tambah Tinggi

Kepada Stakeholders". Dengan berlakunya SK Direksi

No.272/SK/PP/DIR/2013 tanggal 16 Oktober 2013, visi PT PP

(Persero) Tbk yang terbaru yaitu: "Menjadi Perusahaan

Konstruksi dan Investasi Terkemuka di Indonesia yang Berdaya

Saing Internasional".

12







b. Penawaran Umum b. Public Offering

Saham Shares

Obligasi Bonds

c. c.

1) Dewan Komisaris 1) Board of Commissioners

Komisaris Utama & Independen : : Chairman & Independent Commissioner

Komisaris Independen : : Independent Commissioner

Komisaris : : Commissioner



Obligasi I PP Tahun 1993

Has been fully paid

Telah dilunasi seluruhnya/

Bond Effective Date Listed in

January 1993

Obligasi-obligasi yang diterbitkan Perusahaan sampai dengan 30

Juni 2016 adalah sebagai berikut:

PP Bonds I of 1993

Bursa Efek Indonesia/25 Agustus/

1.

Obligasi/

March 2013 Indonesia Stock Exchange

Belum jatuh tempo/

Obligasi Berkelanjutan I PP Tahap 2 Tahun 2015 24 Pebruari/ Bursa Efek Indonesia/ Belum jatuh tempo/

PP Bonds I Phase II of 2015

11 Maret/

PP Bonds I Phase I of 2013

Bursa Efek Indonesia/Obligasi Berkelanjutan I PP Tahap I Tahun 2013

Dewan Komisaris, Direksi, Komite Audit, Audit Internal,

Sekretaris Perusahaan dan Personalia

Has been fully paid

Tanggal Efektif/

February 2015 Indonesia Stock Exchange Not due

Tercatat di/ Status/

Status

Bonds issued by the Company until 30 June 2016 are as follows:

Perusahaan telah menerima pernyataan efektif dari Ketua

BAPEPAM - LK dengan surat No. S-858/BL/2010 tanggal 29

Januari 2010 untuk melakukan penawaran perdana kepada

masyarakat atas 1.038.976.500 lembar saham Seri B baru

dengan nilai nominal Rp 100 per saham dan harga penawaran

Rp 560 per saham. Saham - saham tersebut dicatatkan pada

Bursa Efek Indonesia tanggal 09 Februari 2010. Seluruh saham

perusahaan sebanyak 4.842.436.500 lembar saham pada tahun

2010 telah dicatatkan pada Bursa Efek Indonesia.

The Company was given Effective Statement No: S-858/BL/2010

on January 29th 2010 from the Head of Capital Market and

Financial Institution Supervisory Agency (BAPEPAM - LK) for

limited public offering of 1,038,976,500 shares of B Series of par

value of Rp 100 per share, at an offering price of Rp 560 per

share. Those shares were listed in the Indonesian Stock Exchange

on February 9th 2010. All of the Company's 4,842,436,500 shares

in 2010 have been listed in the Indonesian Stock Exchange.

Telah dilunasi seluruhnya/4 Januari/ Bursa Efek Indonesia/

Indonesia Stock Exchange

Not due

Obligasi II PP Tahun 2004

PP Bonds II of 2004 August 2004 Indonesia Stock Exchange

Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 29 April

2016 yang dituangkan dalam Akta Risalah RUPS-T No.59

tanggal 29 April 2016 oleh notaris Ir.Nanette Cahyanie Handari

Adi Warsito, SH. Susunan Dewan Komisaris PT PP (Persero)

Tbk per 30 Juni 2016 adalah sebagai berikut:

According to General Shareholders Meeting which held in 29 April

2016, stated in the deed of General Shareholders Meeting No.59

on 29 April 2016 by Ir.Nanette Cahyanie Handari Adi Warsito,SH.

The compotition of Board of Commissioners of PT PP (Persero)

Tbk as of 30 June 2016 are as follows:

Andi Gani Nena Wea, S.H.

Irjen (Purn) Drs. Aryanto Sutadi, M.H., M.Sc.

Muhammad Khoerur Roziqin, S.E., M.Sc.

Letjen TNI (Purn) Sumardi

Ir. Hediyanto W Husaini, MSCE,M.Si

Board of Commissioners, Board of Directors, Audit Committee,

Internal Audit, Corporate Secretary and Employees

13







c. c.


Komisaris Utama : : Chairman
















Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 28

Maret 2014 yang dituangkan dalam Akta Risalah RUPS-T

No.42 tanggal 28 Maret 2014 oleh notaris Ir. Nanette Cahyanie

Handari Adi Warsito, SH. Susunan Dewan Komisaris PT PP

(Persero), Tbk per 31 Desember 2014. adalah sebagai berikut:

Andi Gani Nena Wea, S.H.

Irjen (Purn) Drs. Aryanto Sutadi, M.H., M.Sc.

Letjen TNI (Purn) Sumardi

Muhammad Khoerur Roziqin, S.E., M.Sc

Drs. Aryanto Sutadi, M.H., M.Sc.

Eddy Purwanto, S.E., MPA

According to General Shareholders Meeting which held in 28

March 2014, stated in the deed of General Shareholders Meeting

No.42 on 28 March 2014 by Notary Ir. Nanette Cahyanie Handari

Adi Warsito, SH. The compotition of Board of Commissioners of

PT PP (Persero), Tbk as of 31 December 2014 are as follows:

Ir. Djoko Murjanto, M.Sc.

Husein Thaib, S.IP.

Ir. Hediyanto W Husaini, MSCE,M.Si

Muhammad Khoerur Roziqin, S.E., M.Sc.

Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 21 Mei


tanggal 21 Mei 2015 oleh notaris M.Nova Faisal, SH., M.Kn.

Susunan Dewan Komisaris PT PP (Persero) Tbk per 31

Desember 2015 adalah sebagai berikut:

According to General Shareholders Meeting which held in 21 May


on 21 May 2015 by Notary M.Nova Faisal, SH., M.Kn. The

compotition of Board of Commissioners of PT PP (Persero) Tbk as

of 31 December 2015 are as follows:


1.


Sekretaris Perusahaan dan Personalia (lanjutan)


Internal Audit, Corporate Secretary and Employees (continued)

Berdasarkan hasil RUPS yang dilaksanakan tanggal 30 April

2013 yang dituangkan dalam Akta Risalah RUPS No.75


Adi Warsito,SH. Susunan Dewan Komisaris PT PP (Persero)

Tbk per 31 Desember 2013 adalah sebagai berikut :

Husein Thaib, S.IP

Eddy Purwanto, S.E., MPA

Drs. Timbul Tambunan, MM



on 30 April 2013 by Notary Ir.Nanette CahyanieHandari Adi

Warsito,SH. The compotition of Board of Commissioners of PT PP

(Persero) Tbk as of 31 December 2013 are as follows:


Ir. Daryatno

14







c. c.


2) Dewan Direksi 2) Board of Directors

Direktur Utama : : President Director

Direktur Keuangan & SDM : : Director of Finance & HRD

Direktur Operasi : : Director of Operation

Direktur EPC : : Director of EPC

Direktur Pemasaran : : Director of Marketing

Direktur Pengembangan Bisnis, : : Director of Bussines Developement,

Riset & Teknologi, Manajemen Risiko, SCM Reasech & Technology, Risk Management, SCM


Direktur Keuangan : : Director of Finance



Direktur Pemasaran & SDM : : Director of Marketing & HRD


Riset & Teknologi Reasech & Technology

Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 29 April



Adi Warsito, SH. Susunan Dewan Direksi PT PP (Persero)

Tbk per 30 Juni 2016 adalah sebagai berikut :



on 29 April 2016 by Ir.Nanette Cahyanie Handari Adi Warsito,SH.

The compotition of Board of Directors of PT PP (Persero) Tbk as

of 30 June 2016 are as follows:

Ir. M. Toha Fauzi, MT

Ir. Abdul Haris Tatang, MSc

Ir. M. Aprindy, MT

Ir. Lukman Hidayat

Biaya remunerasi Dewan Komisaris untuk tahun yang berakhir

30 Juni 2016, 30 Juni 2015, 31 Desember 2015, 2014 dan

2013 adalah sebesar Rp1.628.640.000, Rp1.425.600.000,-,

Rp3.435.300.000,-; Rp2.950.200.000 dan Rp2.296.320.000,-

Biaya remunerasi tersebut di luar fasilitas perumahan,

kompensasi tunjangan transport dan santunan purna jabatan

yang mengikuti ketentuan remunerasi BUMN yang berlaku .

The remuneration cost of the Board of Commissioners for the

years ended on 30 June 2016, 30 June 2015, 31 December 2015,

2014 and 2013 are amounting to IDR1,628,640,000,

IDR1,425,600,000, IDR3,435,300,000, IDR2,950,200,000 and

IDR2,296,320,000. The reffered remunerations were exclusive of

housing facilities, transportation allowances, and allowances for

pension fund in compliance with the prevailing provision on

remuneration of employees of State Owned Enterprises.

Ir. Ketut Darmawan

Ir. Harry Nugroho, M.M.

Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 21 Mei

2015 yang dituangkan dalam Akta Risalah RUPS No.24

tanggal 21 Mei 2015 oleh notaris M.Nova Faisal, SH., M.Kn.,

susunan Dewan Direksi PT PP (Persero) Tbk per 31

Desember 2015 adalah sebagai berikut :

According to General Shareholders Meeting which held in 21 May


on 21 May 2015 by Notary M.Nova Faisal, SH., M.Kn. The

compotition of Board of Directors of PT PP (Persero) Tbk as of 31

December 2015 are as follows:

Ir. Bambang Triwibowo

Ir. Tumiyana, MBA

Agus Purbianto, SE. AK. MM

1.





Ir. Tumiyana, MBA

Ir. Lukman Hidayat

Ir. Wayan Karioka, M.H.

15







c. c.

2) Dewan Direksi 2) Board of Directors





Direktur Pemasaran & SDM : : Director of Marketing & HRD


Riset & Teknologi Reasech & Technology




Direktur Teknik, SDM & : : Director of Engineering, HRD &

Pengembangan Bisnis Bussines Developement

Direktur Pemasaran : : Director of MarketingIr. Wayan Karioka, M.H.



Berdasarkan hasil RUPSLB yang dilaksanakan tanggal 15 Juni

2011 yang dituangkan dalam Berita Acara Rapat Umum

Pemegang Saham Luar Biasa No. 29 dan Surat Menteri

Negara BUMN No. S-424/MBU/2011 tanggal 18 Juli 2011

perihal Pembagian Tugas Direksi PT PP (Persero), Tbk, serta

berdasarkan hasil RUPS yang dilaksanakan tanggal 30 April

2013 yang dituangkan dalam Akta Risalah RUPS No. 75

tanggal 30 April 2013 oleh notaris Ir. Nanette Cahyanie

Handari Adi Warsito, SH., susunan Dewan Direksi PT PP

(Persero), Tbk per 31 Desember 2013 adalah sebagai berikut :

According to Extraordinary General Shareholders Meeting No, 29

which held in 15 June 2011 and Letter of State Owned Enterprises

Ministry No: S-424/MBU/2011 dated 18 July 2011 and according

to General Shareholders Meeting which held in 30 April 2013,

stated in the deed of General Shareholders Meeting No.75 on 30

April 2013 by Notary Ir. Nanette Cahyanie Handari Adi Warsito,

SH., the compotition of Board of Directors of PT.PP (Persero), Tbk

as of 31 December 2013 are as follows:

Biaya remunerasi Direksi Perusahaan untuk tahun yang

berakhir 30 Juni 2016, 30 Juni 2015, 31 Desember 2015, 2014

dan 2013 masing-masing sebesar Rp3.828.000.000,

Rp3.663.000.000,-, Rp7.634.000.000,-, Rp7.457.600.000,-

dan Rp5.492.400.000. Biaya remunerasi tersebut di luar

fasilitas perumahan, kompensasi tunjangan transport dan

santunan purna jabatan yang mengikuti ketentuan remunerasi

BUMN yang berlaku.

The remuneration cost of the Company Board of Directors for the

years ended on 31 Decemeber 2015, 2014 and 2013 are

amounting to IDR3,828,000,000, IDR3,663,000,000,

IDR7,634,000,000. IDR7,457,600,000 and IDR5,492,400,000. The

refferend remunerations were exclusive of housing facilities,

transportation allowances, and allowances for pension fund in

compliance with the prevailing provision on remuneration of

employees of State Owned Enterprises.


Ir. Ketut Darmawan


Ir. Wayan Karioka, M.H.

Ir. Lukman Hidayat


Ir. Tumiyana, MBA



1.

Ir. Tumiyana, MBA

Berdasarkan hasil RUPS-T yang dilaksanakan tanggal 28

Maret 2014 yang dituangkan dalam Akta Risalah RUPS No.42

tanggal 28 Maret 2014 oleh notaris Ir. Nanette Cahyanie

Handari Adi Warsito, SH., susunan Dewan Direksi PT PP

(Persero) Tbk per 31 Desember 2014 adalah sebagai berikut :

According to General Shareholders Meeting which held in 28

March 2014, stated in the deed of General Shareholders Meeting

No.42 on 28 March 2014 by Notary Ir. Nanette Cahyanie Handari

Adi Warsito, SH. The compotition of Board of Directors of PT PP

(Persero) Tbk as of 31 December 2014 are as follows:

Ir. Ketut Darmawan


16







c. c.

3) Komite Audit 3) Audit Committee

Ketua : : Chairman

Sekretaris : : Secretary

Anggota : : Member

Anggota : : Member

4) Audit Internal 4) Internal Audit

To ensure that the Company's operational activities are comply to

Standard Operating Procedures, internal audit functions are

necessary and the internal auditors should be working

independently to support the President Director in his controlling

and supervising functions. The internal audit functions are carried

out by Internal Audit Department.

Dalam memastikan operasional Perseroan berjalan sesuai

dengan Prosedur Operasi Standar, diperlukan fungsi Audit

Internal yang bekerja secara independen membantu Direktur

Utama dalam pengawasan dan pengendalian. Fungsi Audit

Internal Perseroan dilaksanakan oleh Satuan Pengawasan

Intern (SPI).

Pembentukan SPI oleh Perseroan didasarkan pada (1)

Keputusan Pemerintah RI Nomor 12 Tahun 1998 tanggal 17

Januari 1998 tentang Perusahaan Perseroan, tercantum pada

bab III Satuan Pengawasan Intern Pasal 28, Pasal 29, dan

Pasal 30 dan (2) Keputusan Ketua Badan Pengawas Pasar

Modal dan Lembaga Keuangan Nomor Kep-496/BL/2008

tanggal 28 Nopember 2008 Pasal 2 ayat 1.

The establishment of the Internal Audit Department - SPI is based

on: (1) the Government Regulation 12 of 1998 dated 17 January

1998 on limited liability companies, Chapter III Satuan

Pengawasan Intern, Articles 28, 29, and 30; and (2) the decree of

the Chairman of Capital Market and Financial Institutions

Supervising Agency - Badan Pengawas Pasar Modal dan

Lembaga Keuangan No. Kep-496/BL/2008 dated 28 November

2008 Article 2 paragraph 1.

1.





Berdasarkan Surat Keputusan Dewan Komisaris PT PP

(Persero) No.01/SK/KOM/PP/2014 tanggal 19 Mei 2014

tentang Pemberhentian dan Pengangkatan Anggota Komite

Audit PT PP (Persero) Tbk, susunan Komite Audit per 30 Juni

2016 dan 31 Desember 2015, 2014 dan 2013 adalah sebagai

berikut:

Drs. Aryanto Sutadi, M.Sc

Nurahini, SE, MM

Berdasarkan Surat Keputusan Direksi PT PP (Persero), Tbk

No.005/SK/PP/DIR/2014 tanggal 13 Pebruari 2014, kepala SPI

per 30 Juni 2016, 31 Desember 2015 dan 2014 adalah Indradi

Susilandono. Dan berdasarkan Surat Keputusan Direksi PT

PP (Persero) Tbk No.128/SK/PP/DIR/2012 tanggal 6 Agustus

2012 tentang Pemberhentian dan Pengangkatan Kepala SPI.

Kepala SPI per 31 Desember 2013 adalah Medy Yulian.

Based on the decree of the Company's Board of Directors

No.005/SK/PP/DIR/2014 dated 13 February 2014, The Head of

the Internal Audit as of 30 June 2016, 31 December 2015 and

2014 is Indradi Susilandono. And Based on the decree of the

Company's Board of Directors No.128/SK/PP/DIR/2012 dated 6

August 2012 on Termination and Appointment of Head of Internal

Audit.The Head of the Internal Audit as of 31 December 2013 is

Medy Yulian.

Handoko Tripriyono, CPA

Ir. Sularso

Based on the decree of the Company's Board of Commissioners

No.01/SK/KOM/PP/2014 dated 19 May 2014 on termination and

appointment of the Company's Audit Committee on membership of

Audit Committee, the following are members of Audit Committee by

30 June 2016 and 31 December 2015, 2014 and 2013:

17







c. c.

5) Sekretaris Perusahaan 5) Corporate Secretary

6) Personalia 6) Employees

Pasca Sarjana / Post Graduate

Sarjana / Scholar

Sarjana Muda / Bachelor

Non Akademi / Non-Academic

Jumlah / Total

d. d.

30 Juni / June 2016

Kepemilikan Secara Langsung:

PT PP Pracetak



263

Perusahaan memiliki lebih dari 50% saham perusahaan - Entitas

Anak pada tanggal 30 Juni 2016, 31 Desember 2015, 2014 dan

2013 adalah sebagai berikut :

The Company ownes more than 50% of shares in subsidiaries as of

30 June 2016, 31 December 2015, 2014 and 2013 consisting of:

1.

Berdasarkan Surat Keputusan Direksi PT PP (Persero) Tbk

Nomor 031/SK/PP/DIR/2015 tanggal 30 Juli 2015 tentang

Struktur Organisasi PT PP (Persero) Tbk, Sekretaris

Perusahaan per 30 Juni 2016 dan 31 Desember 2015 adalah

Agus Samuel Kana. Dan berdasarkan Surat Keputusan Direksi

PT PP (Persero) Tbk Nomor 257/SK/PP/DIR/2013 tanggal 30

Agustus 2013 tentang Struktur Organisasi PT PP (Persero)

Tbk, Sekretaris Perusahaan per 31 Desember 2014 dan 2013

adalah Taufik Hidayat.

Based on the Decision Letter of the Board of Directors of PT PP

(Persero) Tbk No.031/SK/PP/DIR/2015 dated 30 July 2015

regarding Organization Structure of PT PP (Persero) Tbk, the

Corporate Secretary of the Company as of 30 June 2016 and 31

December 2015 is Agus Samuel Kana. And based on the Decision

Letter of the Board of Directors of PT PP (Persero) Tbk

No.257/SK/PP/DIR/2013 dated 30 August 2013 regarding

Organization Structure of PT PP (Persero) Tbk, the Corporate

Secretary of the Company of 31 December 2014 and 2013 is

Taufik Hidayat.

Jumlah pegawai perusahaan (tidak diaudit) adalah sebagai

berikut :

The number of employees (unaudited) of the Company are as

follows:

Entitas Anak

Orang / Persons

59

1.231

100

31 Desember /

% Kepemilikan /

64,960%

PT PP Peralatan 2004

Domisili /

Domicile Main Business

2013

Konstruksi / General

Construction

Orang / Persons

65

1.574

1.231

102

December 2015

Orang / Persons

Jasa Sewa / Rental

Services

99,980%

PT PP Properti

Tbk

Jumlah Aset /

% Ownership Operating

Jakarta

Jakarta

Entitas Anak /

Subsidiary

December 2013



December 2014

Realti dan Properti /

Realty and Property

31 Desember /

December 2015

31 Desember /

99,999% 1989

31 Desember /

Subsidiaries

323

1.619

250

1.640

Aktivitas Tahun

Bisnis Utama / Operasi /

Jakarta

289

1.687

1.136

103

Activities Year

103

/ Total Revenues

142.211.010.702

973.767.707.198

449.406.860.827

540.094.762.869

6.318.389.907.015

1.160.776.083.300

Orang / Persons

57 55

1.153

Jumlah

Pendapatan

Total Assets

18







d. d.

30 Juni / June 2016

31 Desember / December 2015


PT PP Pracetak


Kepemilikan secara tidak langsung melalui PT PP Properti:

31 Desember/ December 2014


PT Hasta Kreasi

Mandiri

Operasi /

Aktivitas

Bisnis Utama / % Kepemilikan /

PT PP Properti

Tbk

Tahun

2004

Bisnis Utama / Operasi /% Kepemilikan /

Total AssetsDomicile Main Business

Tahun

99,999%

64,960%

Bisnis Utama /

Jakarta

Operating

Year

Entitas Anak /

Aktivitas

Jumlah Aset /

% Ownership


Realty and Property

1989

Tahun

2013

Jumlah Aset /Operasi /Domisili / % Kepemilikan /

Subsidiary

Subsidiary

Tahun

Domicile

Real Eastate

Jakarta

99,000% 2001

Jumlah Aset /

2004

2013

Jasa Sewa / Rental

Services

Subsidiary


Realty and Property

PT PP Properti

Tbk


Realty and Property

99,900%

PT Gitanusa

Sarana Niaga

PT PP Peralatan

Konstruksi / General

Construction

Main Business % OwnershipDomicile

Activities

Jakarta

Jakarta

Operating

99,980%

99,990%

Jakarta

Surabaya

Activities

1996

Year

Operating

99,980%

Year

Total Assets


Realty and Property

Main Business % Ownership Operating Total Assets

Jasa Sewa / Rental

Services

99,990%

Total Assets

Activities Year

Aktivitas

Main Business % Ownership

99,999% 1989Konstruksi / General

Construction

Jakarta

JakartaPT PP Pracetak

Subsidiary

Activities

Domisili /

Domicile

Jakarta

SurabayaPT Gitanusa

Sarana Niaga

Entitas Anak / Domisili /

Entitas Anak /

PT PP Peralatan


Aktivitas

Entitas Anak / Domisili / Bisnis Utama / % Kepemilikan / Operasi / Jumlah Aset /

49.821.231.309

1.

Entitas Anak Subsidiaries

Jumlah

Pendapatan

/ Total Revenues

PT Hasta Kreasi

Mandiri

Real Eastate 99,000% 2001

1996

/ Total Revenues

/ Total Revenues

223.112.890.643

1.505.172.315.341

799.857.750.069

296.716.936.393

378.545.772.857

5.318.956.732.653

1.142.515.390.236

783.221.025.196

293.216.627.952

366.649.454.014

2.730.632.055.931

823.227.677.921

1.077.069.544.368

Jumlah

Pendapatan

13.803.722.993

23.788.262.974

6.464.732.346

Jumlah

Pendapatan

Jumlah

Pendapatan

/ Total Revenues

186.926.344.000

554.971.556.685

924.826.980.471

19







d. d.





PT PP Pracetak



2. PERNYATAAN KEPATUHAN STATEMENT OF COMPLIANCE

Year

Entitas Anak / Domisili / Bisnis Utama / % Kepemilikan / Operasi / Jumlah Aset /

Subsidiary Domicile Main Business % Ownership Operating Total Assets

PT PP Properti

Tbk

Jakarta Realti dan Properti /

Realty and Property

Aktivitas Tahun

2013

Jakarta Konstruksi / General

Construction

99,999% 1989

Aktivitas Tahun


Entitas Anak / Domisili / Jumlah Aset /

Entitas Anak / Domisili /

Domicile

Activities

Aktivitas

Year

1.

Entitas Anak Subsidiaries

PT Gitanusa

Sarana Niaga

261.613.377.336

Subsidiary

Bisnis Utama / % Kepemilikan /

The presentation and disclosure of the consolidated financial statements

are in compliance to the Indonesian Financial Accounting Standards

promulgated by the Indonesian Institute of Accountants and the

Regulation of Capital Market and Financial Institution Supervisory

Agency (BAPEPAM - LK) as revised in 2012 on "Guidelines for

Presentation of Financial Statements.

Penyajian dan pengungkapan laporan keuangan konsolidasian telah

mematuhi Standar Akuntansi Keuangan yang berlaku di Indonesia,

yaitu : Pernyataan Standar Akuntansi Keuangan (PSAK) yang

diterbitkan oleh Ikatan Akuntan Indonesia (IAI) dan Peraturan Badan

Pengawas Pasar Modal dan Lembaga Keuangan (BAPEPAM-LK)

No.VIII.G.7 (revisi 2012) tentang ”Pedoman Penyajian Laporan

Keuangan”.

2.

Subsidiary Domicile

Activities

99,900%

Operasi / Jumlah Aset /

Tahun


Surabaya Realti dan Properti /

Realty and Property

99,990% 1996

PT Gitanusa

Sarana Niaga

Surabaya Realti dan Properti /

Realty and Property

99,990% 1996

Activities Year

Bisnis Utama / % Kepemilikan / Operasi /

Jumlah

Pendapatan

/ Total Revenues

12.349.118.565

Jumlah

Pendapatan

/ Total Revenues

42.171.102.044

734.115.898.590

Jumlah

Pendapatan

/ Total Revenues

5.795.772.885

1.441.745.369.423

756.342.986.503

251.893.870.180

20






3. KEBIJAKAN AKUNTANSI SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

a. a.

b. Prinsip - prinsip Konsolidasian b. The Principles of Consolidation

c. c.

Penerapan dari standar serta interpretasi standar akuntansi

revisian berikut, yang berlaku efektif sejak tanggal 1 Januari

2016, tidak menimbulkan perubahan substansial terhadap

kebijakan akuntansi Perseroan dan tidak memberikan dampak

yang material terhadap jumlah yang dilaporkan dalam laporan

keuangan konsolidasian periode berjalan:

The adoption of the following revised accounting standards and

interpretations of the accounting standards, which are effective from

1 January 2016, did not result in substantial changes to the

Company'saccounting policies and had no material effect on the

amounts reported for the current year consolidated financial

statements:

Pernyataan Standar Akuntansi Keuangan (PSAK) Baru dan

Revisi

New and Revised Statements of Financial Accounting Standars

(SFAS)

Pengaruh dari seluruh transaksi dan saldo antara entitas anak di

dalam Entitas Induk telah dieliminasi dalam penyajian laporan

keuangan konsolidasian.

Balances and transactions between entities within the economic

entity are eliminated consolidated financial statement.

The consolidated financial statements are prepared on the basis of

historical cost and accrual basis, except for certain accounts which

are stated on the basis of other measurements as disclosed in the

relevant accounts.

Laporan arus kas konsolidasian disusun menggunakan metode

langsung dan arus kas dikelompokkan atas dasar kegiatan

operasi, investasi dan pendanaan.

The consolidated statements of cash flows was prepared on the

basis of direct method and classified into operating, investing, and

financing activities.

Untuk tujuan laporan arus kas, kas mencakup kas, bank dan

investasi jangka pendek yang jatuh tempo dalam waktu tiga bulan

atau kurang, setelah dikurangi cerukan dan tidak dijaminkan.

For the purpose of the statement of cash flows, cash includes cash

on hand, cash in banks and short term investments of maturity of

three months or less, net of overdrafts and not pledged as a

collateral.

3.

Laporan keuangan konsolidasian meliputi laporan keuangan

Perseroan dan Entitas Anak dengan kepemilikan lebih dari 50%,

baik langsung maupun tidak langsung, kecuali entitas anak yang

pengendaliannya bersifat sementara atau terdapat pembatasan

jangka panjang yang mempengaruhi kemampuan entitas anak

untuk mengalihkan dananya kepada Perusahaan.

The consolidated financial statement shall include the financial

statements of the Company and Subsidiaries of more than 50 % of

ownership, either directly or indirectly, except for the subsidiary which

is intended to be temporarily controlled or operated under long-term

restrictions; which significantly effects the ability to transfer funds to

the Company.

Penyajian Laporan Keuangan

Laporan keuangan konsolidasian disusun dengan dasar harga

perolehan dan prinsip akrual, kecuali untuk akun tertentu

dinyatakan berdasarkan pengukuran lain sebagaimana diuraikan

dalam kebijakan akuntansi masing-masing akun tersebut.

Presentation of Financial Statement

Laporan keuangan konsolidasian dinyatakan dalam mata uang

Rupiah (Rp), yang merupakan mata uang fungsional perusahaan

dan entitas anak.

The consolidated financial statements are denominated in Rupiah

(IDR) currency, which is the functional currency of The company and

subsidiary.

21






3. KEBIJAKAN AKUNTANSI (lanjutan) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(continued)

c. c.

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

- -

d. Transaksi Dalam Valuta Asing d. Foreign Currency Transactions

Saldo aset dan liabilitas moneter dalam mata uang asing pada

tanggal laporan posisi keuangan dijabarkan ke dalam mata uang

Rupiah berdasarkan kurs tengah Bank Indonesia pada tanggal

posisi keuangan. Selisih kurs yang terjadi dicatat sebagai laba

(rugi) selisih kurs tahun yang bersangkutan.

At statement of finance position date, monetary assets and liabilities

denominated in foreign currencies are adjusted to reflect the

exchange prevailing middle rates of Bank Indonesia at such date and

the resulting gain or loses are credited or changed to current years.

PSAK No. 19 (Amandemen 2015) "Aset Tak Berwujud". SFAS No. 19 (2015 Amandment) "Intangible Assets".

ISAK 30, "Pungutan" ISAK 30, "Levies"

Efektif berlaku pada atau setelah tanggal 1 Januari 2017 Effective starting on or after 1 January 2017

PSAK No.1, "Penyajian Laporan Keuangan"

ISAK No. 31, "Interpretasi dari PSAK 13: Properti Investasi

SFAS No.1, "Presentation of Financial Statements

ISAK No. 31, "Interpretation of SFAS 13: Investment Properties"

Saat dikeluarkannya laporan keuangan konsolidasian ini,

manajemen belum menentukan dampak retrospektif, jika ada,

dari adopsi di masa yang akan datang dari standard terkait, pada

posisi keuangan konsolidasian Dan hasil operasional Perusahaan

PSAK No. 15 (Amandemen 2015), "Investasi Pada Entitas

Asosiasi dan Ventura Bersama".

SFAS No. 15 (2015 Amandment), "Investment in Associates and

Joint Venture".

PSAK No. 16 (Penyesuaian 2015), "Aset Tetap". SFAS No. 16 (2015 Annual Improvement), "Fixed Assets".

As of the issuance of these consolidated financial statements,

management has not determined the extent of the retrospective

impact, if any, that the future adoption of these standards will have

on the Company's consolidated financial position and operating

results.

PSAK No. 22 (Penyesuaian 2015) "Kombinasi Bisnis". SFAS No. 22 (2015 Annual Improvement), "Business Combination

SFAS No. 5 (2015 Annual Improvement), "Operating Segment".

PSAK No. 7 (Penyesuaian 2015), "Pengungkapan pihak-pihak

Berelasi".

SFAS No. 7 (2015 Annual Improvement), "Related Party Division".

PSAK No. 24 (Amandemen 2015)"Imbalan Kerja". SFAS No. 24 (2015 Amandment), "Employee Benefits".

PSAK No. 25 (Penyesuaian 2015) "Kebijakan Akuntansi,

Perubahan Estimasi Akuntansi dan Kesalahan".

SFAS No. 25 (2015 Annual Improvement), "Accounting Policies,

Changes in Accounting Estimates and Error".

PSAK No. 68 (Penyesuaian 2015), "Pengukuran Nilai Wajar". SFAS No. 68 (2015 Annual Improvement), "Fair Value

Transaksi dalam valuta asing dicatat dalam mata uang Rupiah

dengan kurs yang berlaku pada saat terjadinya transaksi.

Transactions in foreign currencies are recorded in Rupiah at the

prevailing rate at the time of transactions.

PSAK No. 66 (Amandemen 2015) , "Pengaturan Bersama".

PSAK No. 4 (Amandemen 2015), "Laporan Keuangan

Tersendiri".

SFAS No. 4 (2015 Amandment), "Separate Financial Statements".

PSAK No. 5 (Penyesuaian 2015), "Segmen Operasi".

PSAK No. 13 (Penyesuaian 2015), "Properti Investasi". SFAS No. 13 (2015 Annual Improvement), "Investment Property".

PSAK No. 65 (Amandemen 2015), "Laporan Keuangan

Konsolidasi".

SFAS No. 65 (2015 Amandment), "Consolidated Financial

Statements".

PSAK No. 67 (Amandemen 2015), "Pengungkapan

Kepentingan dalam Entitas Lain".

SFAS No. 67 (2015 Amandment), "Disclosure of Interest in Other

Entities".

SFAS No. 53 (2015 Annual Improvement), "Share-Based

Payment".

3.

Pernyataan Standar Akuntansi Keuangan (PSAK) Baru dan

Revisi

New and Revised Statements of Financial Accounting Standars

(SFAS)

SFAS No. 66 (2015 Amandment), "Joint Arrangements".

PSAK No. 53 (Penyesuaian 2015), "Pembayaran Berbasis

Saham".

22







(continued)

d. Transaksi Dalam Valuta Asing d. Foreign Currency Transactions

1 Dolar Amerika Serikat (USD)

1 Euro (EURO)

1 Dolar Singapura (SGD)

1 Yen Jepang (YPN)

e. Transaksi dengan Pihak-Pihak Berelasi e. Transactions with Related Parties

f. Kas dan Setara Kas f. Cash and Cash Equivalent

g. Piutang dan Penurunan Nilai Wajar Piutang g. Accounts Receivable and Impairment

-

104

the details of the accounts significant transactions entered into with

related parties are presented in Note 48.

Indikasi penurunan nilai piutang ditetapkan pada setiap individu

pemberi kerja secara terseleksi dengan mempertimbangkan

risiko dari tidak tertagihnya piutang.

June 2016

13.180

14.651

9.771

128

31 Desember /

December 2013

12.189

16.821

-

116

31 Desember /

December 2014

12.440

30 Juni /

15.133

31 Desember /

December 2015

13.795

115

3.

15.070

9.751

An indication of receivable impairment is related to selected individual

project owner by considering risks of receivables un collectability.

Pada tanggal 30 Juni 2016 dan 31 Desember 2015, 2014, 2013

serta 1 Januari 2013 / 31 Desember 2012, nilai kurs yang

digunakan adalah sebagai berikut:

As of 30 June 2016 and 31 December 2015, 2014, 2013, and 1

January 2013 / 31 December 2012 the exchange rates used are as

rate follows:

Kas dan Setara kas terdiri dari saldo kas dan bank serta investasi

jangka pendek yang jangka waktunya maksimum 3 (tiga) bulan

dan tidak digunakan sebagai jaminan. Kas dan setara kas yang

telah ditentukan penggunaannya atau yang tidak dapat

digunakan secara bebas tidak tergolong dalam akun ini.

Cash and cash equivalent include cash on hand, in banks and time

deposits of maturity of three months or less since the time of

placement and not pledge as a collateral. Cash and cash equivalents

which have limitation in use and pledged as collateral are not

included.

Piutang disajikan sebesar nilai wajar sesuai PSAK No. 50 dan

PSAK 60 serta PSAK No. 55.

Accounts receivable are recognized at fair value in conformity with

SFAS No. 50, SFAS No. 60 and SFAS No. 55.

Rincian saldo dan transaksi yang signifikan dengan pihak-pihak

berelasi disajikan dalam Catatan 48.

Perseroan memiliki transaksi dengan pihak-pihak berelasi

sebagaimana yang didefinisikan dalam PSAK 7 (Revisi 2010);

"Pengungkapan PihakPihak Berelasi BAPEPAM-LK No. VIII.G.7

tentang "Pengungkapan Laporan Keuangan Emiten atau

Perusahaan Publik", yang terlampir dalam surat Keputusan No.

KEP-347/BL/2012. Berdasarkan Peraturan BAPEPAM-LK No.

VIII.G.7 tersebut, entitas berelasi dengan pemerintah merupakan

entitas yang dikendalikan bersama, atau dipengaruhi secara

signifikan oleh pemerintah. Pemerintah, sebagai pemegang

saham dari entitas, dalam hal ini adalah Menteri Keuangan atau

Pemerintah Daerah.

The Company has Transactions with related parties as defined under

PSAK 7 (Revised 2010), "Related Party Disclosured" and BAPEPAM-

LK Regulation No.VIII.G.7 regarding the "Presentation and

Disclosures of Financial Statements of issuers or Public Companies"

as enclosed in the desicion Letter No. KEP-347/BL/2012. Based on

this BAPEPAM-LK Regulation No.VIII.G.7, government related

entities are entities which are controlled, jointly controlled, or

materially affected by the Government. The government, a

stockholder of the Company, is the Minister of Finance or Regional

Government.

23







(continued)


1. Mengelompokkan Piutang Usaha menjadi : 1. Receivables classification:

(a) Piutang Pemerintah, BUMN dan BUMD (a)

(b) Piutang Swasta Tbk, Non Tbk dan Asing (b)

2. 2. Impairment of receivables

(a) (a)

(b) (b) Receivables classification: from national public Companies,

non public companies dan foreign entities

100%20%

Based on the decree of the Board of Directors No.

02/SK/PP/DIR/2011 date 4 January 2011 effective December 2010

on Account Receivables Impairment, the following conditions apply:

Receivables from the Government, State Owned Enterprises

(SOE's) and Local Government Enterprises (LGOE's).

Kelompok Piutang : Piutang Swasta Tbk, Non Tbk dan

Asing

Kelompok Piutang : Pemerintah, BUMN dan BUMD Receivables The Company : Government, SOE & LGOE

Piutang usaha pada Pemerintah, BUMN dan BUMD

(tingkat resiko rendah karena pelaksanaan pekerjaan telah

dianggarkan dalam APBN/APBD atau RKAP yang telah

disetujui Pemegang Saham Kementerian BUMN).

Dilakukan penurunan nilai jika piutang usaha sudah

berumur di atas 1 (satu) tahun dengan penurunan nilai

piutang usaha secara individu sebagai berikut:

Receivables from the Government, SOE and LGOE are not

subject to adjustment to fair value since government projects

are funded through the central or local government budget, or

the relevant enterprises budget as approved by their

shareholders. They are adjusted to reflect their fair values

when their ages are more than one year under the following

percentage:

40%

> 21 s/d 24 bulan/month 10%

10%

5%

Penurunan nilai dihitung masing-masing individu yaitu

setelah jatuh tempo pada tahun pertama menggunakan

Discounted Cash Flow (DCF) dengan tingkat bunga

sesuai dengan suku bunga Bank Indonesia (SBI). Tahun

ke-2 dan selanjutnya berdasarkan DCF dan impairment

sesuai butir a di atas, mana yang lebih besar.

Impairment is estimated on the basis of individual receivable

after the first year of its due date using Discounted Cash Flow

(DCF) at the Bank Indonesia interest rate. At the second year

and thereafter the basis used is DCF or the impairment rate

as shown in the above table, whichever is higher.

10%

Akumulasi Penurunan Nilai Wajar Piutang /

Accumulated Impairment of Receivables

Impairment of Receivables

20%

30%

> 33 s/d 36 bulan/month

20% 80%> 30 s/d 33 bulan/month

5%


> 15 s/d 18 bulan/month 5% 10%

Penurunan nilai piutang usaha dengan rincian sebagai berikut:

60%

Umur Piutang / Penurunan Nilai Wajar Piutang/



Aging of Receivable

> 28 s/d 30 bulan/month 20%

Receivables from public companies, non public companies an

foreign entities.

3.

Berdasarkan SK Direksi No.02/SK/PP/DIR/2011 tanggal 04

Januari 2011 yang berlaku sejak bulan Desember 2010 tentang

Penurunan Nilai Wajar Piutang Usaha Perseroan, pelaksanaan

peraturan penurunan nilai wajar piutang usaha bila terjadi indikasi

penurunan (impairment) dengan ketentuan sebagai berikut:

24







(continued)


(c) Kelompok Piutang Perlakuan Khusus (c)

h. Piutang Retensi h. Retention Receivables

i. Tagihan Bruto Kepada Pemberi Kerja i. Gross Recievables from Project Owners

j. Persediaan j. Inventories

Persediaan Bahan Untuk Konstruksi Materials Inventory for Construction

Receivables classification: under Particular Treatment

Jika piutang usaha pada Pemerintah, BUMN dan BUMD

telah berumur lebih dari 1 (satu) tahun dan setelah

dilakukan analisa resiko terdapat keyakinan sulit untuk

dilunasi atau tidak dapat tertagih maka dilakukan

penurunan nilai secara individual dengan menggunakan

DCF dan berdasarkan impairment sesuai butir 1 (satu) di

atas, mana yang lebih besar.

When receivables from the Government, SOE and LGOE are

outstanding for more than one year, and after risk analysis is

made it is believed that their collectability are remote,

adjustment is made individually, using DCF and impairment

percentage referred to above, whichever is higher.

Piutang yang ditahan oleh pemberi kerja sebesar persentase

yang telah ditetapkan dalam kontrak sampai dengan masa

pemeliharaan proyek dicatat sebagai piutang retensi.

Receivables which are withheld by project owners at a percentage of

project value as specified in the relevant contract until project

maintenance period is over are recorded as retention receivable.

Tagihan bruto kepada pemberi kerja diakui sebagai pendapatan

sesuai dengan metode persentase penyelesaian yang dinyatakan

dalam berita acara progress fisik pekerjaan (laporan prestasi

proyek) yang belum diterbitkan faktur karena perbedaan antara

tanggal berita acara prestasi phisik dengan pengajuan penagihan

pada tanggal laporan posisi keuangan.

Inventories are recognized at the lower of cost and realizable value.

Bahan yang dibeli dicatat sebagai persediaan bahan untuk

konstruksi, setiap pengambilan bahan (Bon Pemakaian Bahan)

dicatat sebagai biaya bahan pada periode yang bersangkutan

dengan menggunakan metode harga rata-rata bergerak. Setiap

akhir periode dilakukan stock opname persediaan dan diadakan

penyesuaian bila terjadi selisih antara nilai buku dan phisik.

Materials purchased for construction projects are recorded as

project's material inventories, each use of material (with Material

Consumption Voucher) are recorded as project's material expenses

for the relevant period using moving average method. At end of

period the Company does inventory taking, and makes adjustment for

any difference between inventory records and physical existence.

Unbilled receivables are recognized as income based on percentage

completion method which are stated in an official report of work

physical progress (project performance report) the bills are not yet

issued due to differences between date of physical progress report

and date of billing at the statement of financial position date.

Piutang yang berasal dari pekerjaan kontrak konstruksi yang

dilakukan untuk pemberi kerja, namun pekerjaan yang dilakukan

masih dalam pelaksanaan dicatat sebagai tagihan bruto kepada

pemberi kerja. Tagihan bruto disajikan sebesar selisih antara

biaya yang terjadi, ditambah laba yang diakui, dikurangi jumlah

kerugian yang diakui dan termin.

Persediaan disajikan sebesar nilai yang lebih rendah antara

harga perolehan dan nilai bersih yang dapat direalisasikan.

Receivables of construction contracts in progress are recognized

gross receivable from project owners. They are presented at the

differences between actual cost incurred and added with recognized

profit, deducted with recognized loss and installment.

3.

25







(continued)

j. Persediaan (lanjutan) j. Inventories (continued)

Persediaan Hotel Hotel Inventory

Persediaan Realti Real Estate Inventory

k. Beban Dibayar Dimuka k. Prepaid Expenses

l. Investasi l. Investments

Investasi Jangka Pendek Short Term Investments

Investasi Pada Perusahaan Asosiasi Investment in Associated Company

Mutual fund is classified as short term investment - trade securities

based on SFAS No.50 - Financial Instruments: Presentation.

Realized or unrealized profit or loss (in conformity with change of Net

Assets Value) are recognized in current year income statement.

Deposito berjangka yang jatuh tempo kurang dari 3 (tiga) bulan

namun dijaminkan dan deposito berjangka yang jatuh tempo lebih

dari 3 (tiga) bulan disajikan sebagai investasi jangka pendek dan

dinyatakan sebesar nilai perolehan.

Time deposits maturing in less than 3 (three) months and pledged as

collateral and time deposits maturing in more than 3 (three) months

are presented as short term investment and recognized at cost.

3.

Penyertaan dalam bentuk saham dengan kepemilikan 20% s.d

50% dicatat dengan metode ekuitas (equity method). Akan tetapi

apabila perusahaan mampu mengendalikan entitas anak

walaupun perusahaan mempunyai penyertaan kurang dari atau

sama dengan 20% maka dicatat dengan metode ekuitas.

Bahan yang dibeli dicatat sebesar biaya perolehan atau nilai

realisasi bersih, mana yang lebih rendah (the lower of cost or net

realizable value ) yang terdiri dari makanan, minuman dan

perlengkapan.

Biaya sewa, provisi dan premi asuransi diamortisasi selama

masa manfaat masing-masing biaya dengan menggunakan

metode garis lurus.

The rent, provision and insurance cost are amortized during their

benefit period on straight line method.

Untuk biaya pemasaran dan biaya tidak langsung akan

dibebankan secara proporsional dengan pendapatan yang diakui

selama periode pelaksanaan proyek.

The marketing cost and indirect cost are charged proportionally to

recognized income during projects construction.

Beban Dibayar Dimuka terdiri dari biaya pemasaran, biaya tidak

langsung, biaya sewa, biaya provisi dan biaya asuransi.

Prepaid expenses include marketing cost, indirect cost, rent,

provision and insurance cost.

Biaya-biaya yang secara langsung berhubungan dengan proyek

termasuk biaya pinjaman dikapitalisasi ke proyek yang sedang

dikembangkan.

Investment in shares of ownership of 20% up to 50% is recognized

on equity method. However, when the Company has a controlling

power over the subsidiary even if the Company has ownership of less

than or equal to 20%, it is recognized on equity method.

Portofolio reksadana diklasifikasikan sebagai investasi jangka

pendek - sekuritas yang diperjualbelikan berdasarkan PSAK No.

50 - Instrumen Keuangan: Penyajian. Laba atau rugi yang sudah

terealisasi atau belum terealisasi (sesuai perubahan NAB) diakui

dalam laporan laba (rugi) tahun berjalan.

Costs directly related to construction of projects, including cost of

borrowings during construction are capitalized to projects under

construction.

Persediaan realty terdiri dari persediaan rumah jadi, bangunan

dalam konstruksi, kavling siap bangun dan tanah sedang

dikembangkan.

Real estate inventories include houses, buildings under construction,

land sites ready for construction and lands under development.

Materials purchased which include food, beverage and supplies are

presented at the lower of cost or net realizable value.

26







(continued)

l. Investasi l. Investments

Investasi Jangka Panjang Lainnya

m. Properti Investasi m. Investment Property

Setelah pengakuan awal, perusahaan memilih menggunakan

metode nilai wajar dan mengukur seluruh properti investasi

berdasarkan nilai wajar. Hak atas tanah tidak disusutkan dan

disajikan sebesar nilai wajar.

Pengalihan ke properti investasi dilakukan jika, dan hanya jika,

terdapat perubahan penggunaan yang ditunjukkan dengan

berakhirnya pemakaian oleh pemilik dan dimulainya sewa operasi

kepada pihak lain.

Transfer to investment property made when, and only when, there is

a change in use, evidenced by end of owner-occupation and

commencement of an operating lease to another party.

Pengalihan dari properti investasi dilakukan jika, dan hanya jika,

terdapat perubahan penggunaan yang ditunjukkan dengan

dimulainya penggunaan oleh pemilik dan dimulainya

pengembangan untuk dijual.

Transfer from investment property made when, and only when, there

is a change in use, evidenced by commencement of owneroccupation

and commencement of development with a view to sale.

After initial recognition, The Company choose to use fair value

method and measure its investment property at fair value. Landrights

are not depreciated and are carried at fair values.

Biaya pemeliharaan dan perbaikan dibebankan pada laba rugi

pada saat terjadinya, sedangkan pemugaran dan penambahan

dikapitalisasi.

Maintenance and repairment costs are charged to profit or loss as

incurred, while renewals and betterments are capitalized.

Other Long Term Investments

Penyertaan dalam bentuk saham dengan kepemilikan kurang dari

20% dicatat dengan metode biaya (cost method) . Akan tetapi

apabila perusahaan tidak mempunyai pengaruh signifikan pada

entitas anak walaupun perusahaan mempunyai penyertaan lebih

dari 20% sampai dengan 50% maka dicatat dengan metode

biaya.

Investment in stocks of less than 20% voting interest is recognized

under cost method. Nevertheless, when the Company does not have

significant influence over an entity, even when it has more than 20%

to 50% of voting rights, the investment is recognized under cost

method.

Investment property is recognized as an asset when, and only when

it is probable that the future economic benefits that are ssociated with

the investment property will flow to the entity; and the cost of the

investment property can be measured reliably.

Properti investasi adalah properti (tanah atau bangunan atau

bagian dari suatu bangunan atau kedua-duanya) untuk

menghasilkan rental atau untuk kenaikan nilai atau kedua-duanya

dan bukan untuk digunakan dalam produksi atau penyediaan

barang atau jasa atau untuk tujuan administrasi atau dijual dalam

kegiatan usaha sehari-hari.

Properti investasi diakui sebagai aset jika dan hanya jika besar

kemungkinan manfaat ekonomik masa depan yang terkait

dengan properti investasi akan mengalir ke entitas; dan biaya

perolehan properti investasi dapat diukur dengan andal.

3.

Investment properties are properties (land or building or part of a

building or both) held to earn rentals or for capital appreciation or

both, rather than for use in the production or supply of goods or

services or for administrative purposes or sale in the daily business

activities.

Properti investasi pada awalnya diukur sebesar biaya perolehan,

meliputi harga harga pembelian dan setiap pengeluaran yang

dapat diatribusikan secara langsung (biaya jasa hukum, pajak

pengalihan properti, dan biaya transaksi lain). Biaya transaksi

termasuk dalam pengukuran awal tersebut.

An investment property shall be measured initially at its cost,

comprises its purchase price and any directly attributable expenditure

(professional fees for legal services, property transfer taxes and other

transaction costs). Transaction costs are included in the initial

measurement.

27







(continued)

m. Properti Investasi m. Investment Property

n. Aset Tetap dan Akumulasi Penyusutan n. Fixed Assets and Accumulated Depreciation

1) Bangunan : : Buildings 1)

2) Mesin & Peralatan : : Heavy and Light Equipments 2)

3) Inventaris Kantor : : Office Equipments 3)

4) Kendaraan : : Vehicles 4)

After initial recognition, property, plants and equipments, except land

and building, are carried at its cost less any accumulated

depreciation, and any accumulated impairment losses.

Properti investasi dihentikan pengakuannya pada saat dilepaskan

atau ketika tidak digunakan lagi secara permanen dan tidak

memiliki manfaat ekonomi masa depan yang diperkirakan dari

pelepasannya. Keuntungan

atau kerugian yang timbul dari penghentian atau pelepasan

ditentukan dari selisih antara hasil neto pelepasan dan jumlah

tercatat aset, dan diakui dalam laba rugi pada periode terjadinya

penghentian atau pelepasan.

An investment property is derecognizes on disposal or when the

investment property is permanently withdrawn from use and no future

economic benefits are expected from its disposal. Gains or losses

arising from the retirement or disposal are determined as the

difference between the net disposal proceeds and the carrying

amount of the asset, and are recognized in profit or loss in the period

of the retirement or disposal.

3.

Aset tetap pada awalnya diakui sebesar biaya perolehan yang

meliputi harga perolehannya dan setiap biaya yang dapat

diatribusikan langsung untuk membawa aset ke kondisi dan

lokasi yang diinginkan agar aset siap digunakan sesuai intensi

manajemen.

The fixed Assets are initially recognized at cost, which comprises its

purchase price and any cost directly attributable in bringing the

assets to the location and condition necessary for it to be capable of

operating in the manner intended

Apabila relevan, biaya perolehan juga dapat mencakup estimasi

awal biaya pembongkaran dan pemindahan aset tetap dan

restorasi lokasi aset tetap, kewajiban tersebut timbul ketika aset

tetap diperoleh atau sebagai konsekuensi penggunaan aset tetap

selama periode tertentu untuk tujuan selain untuk memproduksi

persediaan selama periode tersebut.

When applicable, the cost may also comprises the initial estimate of

the costs of dismantling and removing the item and restoring the site

on which it is located, the obligation for which an entity incurs either

when the item is acquired or as a consequence of having used the

item during a particular period for purposes other than to produce

inventories during that period.

Setelah pengakuan awal, aset tetap kecuali tanah dan bangunan

dinyatakan sebesar biaya perolehan dikurangi akumulasi

penyusutan dan akumulasi rugi penurunan nilai.

25% - 50%

5%

25% - 50%

25%

Aset tetap bangunan disusutkan menggunakan metode garis

lurus (straight line method ), sedangkan untuk aset tetap lainnya

menggunakan prosentase tetap dari nilai buku metode saldo

menurun (declining balance method ) dengan prosentase

penyusutan sebagai berikut:

Buildings are depreciated using the straight line method, while the

other fixed assets are depreciated using declining balance method at

the following rates of depreciation:

Bangunan dalam penyelesaian disajikan sebagai bagian dalam

aset tetap dan dinyatakan sebesar biaya perolehan. Semua

biaya, termasuk biaya pinjaman, yang terjadi sehubungan

dengan pembangunan aset tersebut dikapitalisasi sebagai bagian

dari biaya perolehan aset tetap dalam penyelesaian. Akumulasi

biaya perolehan yang akan dipindahkan ke masing-masing aset

tetap yang bersangkutan pada saat aset tersebut selesai

dikerjakan atau siap digunakan dan disusutkan sejak beroperasi.

Property, plant and equipment in progress are presented as part of

property, plant and equipment and stated at cost. All costs, including

borrowing costs, incurred in connection with the construction of

assets are capitalized as part of the cost of property, plant and

equipment in progress. The accumulated cost will be reclassified to

the appropriate property, plant and equipment account when the

asset is completed or ready for use and depreciated since the

operation.

28







(continued)

n. Aset Tetap dan Akumulasi Penyusutan n. Fixed Assets and Accumulated Depreciation

Aset Sewa Lease Assets

Pada akhir tahun buku pelaporan, perusahaan melakukan

penelaahan berkala atas masa manfaat ekonomis aset, nilai

residu, metode penyusutan, dan sisa umur pemakaian

berdasarkan kondisi teknis.

Perusahaan memilih menggunakan metode revaluasian untuk

tanah dan bangunan yang nilai wajarnya dapat diukur secara

andal, yakni nilai wajar pada tanggal revaluasi dikurangi

akumulasi penurunan nilai setelah tanggal revaluasi.

The Company choose to use revaluation method for an item of land

and building whose fair value can be measured reliably, being its fair

value at the date of the revaluation less any subsequent accumulated

impairment losses.

3.

Perusahaan telah menerapkan PSAK No. 16 (Revisi 2011) - Aset

Tetap dan PSAK No. 30 (Revisi 2011) - Sewa.

The Company implemented SFAS No. 16 (Revised 2011) - Fixed

Asset and SFAS No. 30 (Revised 2011) - Lease.

Keuntungan atau kerugian atas transaksi penjualan dan

penyewaan kembali ditangguhkan dan diamortisasi sepanjang

masa sewa.

Gains or losses on sale and leaseback transactions are deferred and

amortized over the lease term.

Aset tetap yang diperoleh dengan sewa pembiayaan disajikan

sejumlah nilai tunai dari seluruh pembayaran sewa ditambah

harga opsi yang harus dibayar pada akhir periode sewa. liabilitas

yang terkait juga diakui dan setiap pembayaran angsuran

dialokasikan sebagai pelunasan hutang dan beban keuangan.

Aset sewa disusutkan dengan metode yang sama seperti aset

yang dimiliki langsung.

Jika jumlah tercatat aset meningkat akibat revaluasi, maka

kenaikan tersebut diakui dalam penghasilan komprehensif lain

dan terakumulasi dalam ekuitas pada bagian surplus revaluasi.

Akan tetapi, kenaikan tersebut diakui dalam laba rugi hingga

sebesar jumlah penurunan nilai aset yang sama akibat revaluasi

yang pernah diakui sebelumnya dalam laba rugi.

Fixed assets that acquired under finance lease are presented at the

present value of all lease payments added with option price payable

at the end of the lease term. The related liability is also recognized

and each instalment is allocated as back payment of debt and

financial charges. Lease assets are depreciated similar to directly

owned assets.

At the end of reporting year, The Company periodically reviews the

useful life of the assets, asset’s residual value, depreciation method

and the remaining usage expectationbased on technical conditions.

Jika jumlah tercatat aset turun akibat revaluasi, maka penurunan

tersebut diakui dalam laba rugi. Akan tetapi, penurunan nilai

tersebut diakui dalam penghasilan komprehensif lain sepanjang

tidak melebihi saldo surplus revaluasi untuk aset tersebut.

Penurunan nilai yang diakui dalam penghasilan komprehensif lain

tersebut mengurangi jumlah akumulasi dalam ekuitas pada

bagian surplus revaluasi.

If an asset’s carrying amount is decreased as a result of a

revaluation, the decrease is recognised in profit or loss. However, the

decrease is recognised in other comprehensive income to the extent

of any credit balance existing in the revaluation surplus in respect of

that asset. The decrease recognised in other omprehensive income

reduces the amount accumulated in equity under the heading of

revaluation surplus.

Revaluasi dilakukan dengan keteraturan yang cukup regular

untuk memastikan bahwa jumlah tercatat tidak berbeda secara

material dengan jumlah yang ditentukan dengan menggunakan

nilai wajar pada akhir periode pelaporan.

Revaluations is made with sufficient regularity to ensure that the

carrying amount does not differ materially from that which would be

determined using fair value at the end of the reporting period.

If an asset’s carrying amount is increased as a result of a revaluation,

the increase is recognised in other comprehensive income and

accumulated in equity under the heading of revaluation surplus.

However, the increaseis recognised in profit or loss to the extent that

it reverses a revaluation decrease of the same asset previously

recognised in profit or loss.

29







(continued)

o. Penurunan Nilai Aset o. Impairment of Assets

p. Utang Obligasi p. Bond Payable

q. Ventura Bersama (VB) q. Joint Venture (JV)

r. Uang Muka Pemberi Pekerjaan dan Konsumen r. Advances of Projects Owners and Consumers

Advances of projects owners (construction services) represent

advances withdrawn from projects at the time a contract is signed

and shall be proportionally settled with instalment payment based on

the percentage of construction completed.

Aset tetap dan aset tidak lancar lainnya pada tanggal laporan

posisi keuangan ditelaah untuk mengetahui apakah telah terjadi

kerugian akibat penurunan nilai bilamana terdapat kejadian atau

perubahan keadaan yang mengidentifikasikan bahwa nilai

tercatat aset tersebut tidak dapat diperoleh kembali. Kerugian

akibat penurunan nilai diakui sebesar selisih antara nilai tercatat

aset dengan nilai yang dapat diperoleh kembali dari aset

tersebut. Nilai yang dapat diperoleh kembali adalah nilai yang

lebih tinggi diantara harga jual bersih dan nilai pakai aset.

Uang muka konsumen real estate (realty) merupakan uang muka

yang diterima dari konsumen sehubungan dengan penjualan

rumah, rukan dan apartemen dan akan diperhitungkan pada saat

penerimaan termin minimal 20%.

Advances of real estate consumers (realty) represent advances

withdrawn from consumers in relation to sales of houses, office

houses and apartments and will be calculated at the moment when at

least 20% instalment is received.

Uang muka pemberi pekerjaan (jasa konstruksi) merupakan uang

muka yang diterima dari pemberi kerja atas pekerjaan jasa

konstruksi saat kontrak kerja ditandatangani dan secara

proporsional akan diperhitungkan dengan pembayaran termin

yang didasarkan atas kemajuan fisik yang telah dicapai.

Utang Obligasi disajikan sebesar nilai nominal setelah

memperhitungkan amortisasi premium atau diskonto yang

merupakan selisih hasil neto emisi dengan nilai nominal. Hasil

emisi neto adalah hasil emisi obligasi setelah dikurangi biaya

penerbitan obligasi. Obligasi yang ditawarkan Perusahaan

sebesar nilai nominal obligasi.

Laba VB yang diterima di muka dicatat sebagai uang muka laba

VB dan dikelompokkan pada akun utang usaha.

Advance withdrawal of JV profit is recorded as JO's profit advance

payment and classified into trade payable account.

JV represents cooperation between the Company and other

participants to carry out a project, and the cooperation will terminate

at the time the project is delivered to project owner.

Penyerahan dana yang ditanamkan pada VB dicatat dalam akun

uang muka VB. Laba VB yang belum diterima pembayarannya

pada periode berjalan dicatat sebagai piutang VB dan

dikelompokkan dalam akun piutang usaha sebesar prosentase

kontribusi pada VB.

The payment of fund invested in JV is recorded in the JV's advance

payment account. Unpaid JV profit in the current period is recorded

as JV receivables at the percentage of contribution to JV.

Bond payable is presented at par value net of amortized premium or

discount represents the difference between net proceeds emission of

par value. Net proceeds are bond proceeds after deducting issuance

costs. Bonds offered by the Company of nominal value of the bonds.

Fixed assets and other non-current assets, including intangible

assets are reviewed to look for whether there is loss caused by

impairment in value, when there are events or changes in

circumstances indicating that carrying amount may not be

recoverable. An impairment of value is recognized at the difference

between carrying value of the assets with recoverable value of the

assets. The recoverable value are the higher value between net sale

value and value in use of the assets.

JV income and cost are presented net as JV Profit (Loss) in the

Company's profit (loss) statements at the moment the project's

accountability report is approved and recorded at JV contribution

percentage.

Ventura Bersama merupakan kerjasama perusahaan dengan

partisipan lainnya dalam melaksanakan suatu proyek, dan

kerjasama tersebut berakhir pada saat pekerjaan telah

diserahterimakan ke pemberi kerja.

Pendapatan dan biaya VB disajikan bersih sebagai Laba (Rugi)

VB dalam laporan perhitungan laba (rugi) Perusahaan pada saat

laporan pertanggungjawaban proyek disetujui dan dicatat

sebesar prosentasi kontribusi.

3.

30







(continued)

r. Uang Muka Pemberi Pekerjaan dan Konsumen r. Advances of Projects Owners and Consumers

s. Imbalan Pasca Kerja s. Post Employments Benefit

1

)

Program Pensiun 1

)

Pension Program

2

)

Program Manfaat Karyawan 2

)

Employees Benefits Program

The Company implements SFAS No. 24 (Revised 2013): Accounting

of Post Employment Benefit, that is providing pension program and

employment benefit program in conformity with Law No. 13 of 2003

on Labour.

The Company provides post retirement benefit program in

accordance with the Law No.13 year 2003 on Labour.

Perusahaan menerapkan PSAK No. 24 (Revisi 2013) Akuntansi

Imbalan Kerja, yaitu menyelenggarakan program pensiun dan

program manfaat karyawan untuk mengakui imbalan pasca kerja

karyawan berdasarkan peraturan perusahaan dan sesuai dengan

Undang-Undang No. 13 tahun 2003 tentang Ketenagakerjaan.

3.

Uang muka pemberi pekerjaan dan konsumen yang jangka waktu

penyelesaiannya kurang dari setahun dikelompokkan dalam

liabilitas lancar, sedangkan yang lebih dari setahun

dikelompokkan dalam liabilitas tidak lancar.

Perusahaan menyelenggarakan program manfaat pasca kerja

(post-retirement benefit) sesuai Undang-Undang No. 13 tahun

2003 tentang Ketenagakerjaan.

Perusahaan menyelenggarakan program pensiun manfaat

pasti (PSL) untuk seluruh karyawan organik berdasarkan gaji

pokok terakhir dan masa kerja karyawan. Program pensiun ini

dikelola secara terpisah oleh Dana Pensiun PT PP (Persero),

Tbk yang telah mendapat pengesahan dari Menteri Keuangan

Nomor KEP-372/KM.6/2003 tanggal 31 Oktober 2003.

The Company provides defined benefit pensions program for all

permanent employees based on their last basic salary and service

period. The pension program is managed separately by Pension

Fund PT PP (Persero) Tbk on the approval of the Minister of

Finance through his decree No. KEP-372/KM.6/2003 dated 31

October 2003.

Kontribusi iuran sebelum UU No. 11 tahun 1992, perusahaan

memberikan kontribusi iuran sebesar 16,9% dan karyawan

menanggung sebesar 7,5% dihitung dari penghasilan dasar

pensiun per bulan. Kontribusi iuran setelah UU no. 11 tahun

1992, perusahaan memberikan kontribusi iuran sebesar 13,9%

dan karyawan menanggung sebesar 4,5% dihitung dari

penghasilan dasar pensiun per bulan. Beban kontribusi

perusahaan dicatat sebagai beban tahun berjalan.

The contributions made prior to the adoption of the Law No.11 of

1992: by the Company 16,9% and by the employees 7,5% of their

monthly basic retirement salaries. Contribution after the adoption

of the Law No.11 of 1992: by the Company 13,9% and by the

employees 4,5% of their monthly basic retirement salaries. The

contribution made by the Company is recognized as current year

expense.

Terdapat pendanaan yang disisihkan oleh perusahaan

sehubungan dengan estimasi liabilitas tersebut.

The company allocate fund in connection with the estimated

liability to the employees benefit plan.

Imbalan kerja didasarkan pada masa kerja karyawan dan

penghasilan karyawan. Metode penilaian yang digunakan oleh

aktuaria adalah metode projected unit credit yang

mencerminkan jasa pekerja pada saat penilaian. Manfaat

pasca kerja diakui sebagai liabilitas dan beban pada saat

terjadi.

Employee benefits is based on employees service period and

income. The assessment method used by the actuary is a

projected unit credit method which reflects the employees service

at the date of assessment. Employees benefit upon post

retirement is recognized as liability and expense as incurred.

Advance payment received from a project owner or consumer

settlement of which is less than one year is classified as current

liability, while which of more than one year is classified as non-current

liability.

31







(continued)

t. Pengakuan Pendapatan dan Beban t. Recognition of Revenue and Costs

Pengakuan Pendapatan Recognition of Revenue

1. 1

.

a) Pengikatan jual beli telah berlaku. a) Sale purchase agreement is effective.

b) b)

c) c)

d) d)

2. 2

.

Apabila semua persyaratan tersebut di atas tidak terpenuhi,

semua penerimaan uang yang berasal dari konsumen dicatat

sebagai uang muka konsumen dengan menggunakan metode

deposit (deposit method ), sampai semua persyaratan terpenuhi.

Based on the requirements, the income from the sale of house and

apartment is recognized when all accompanying requirements is

satisfied:

Realty income is recognized by using full accrual at the moment the

signing of Deed of Sale and Purcase/Credit Agreement or upon

signing of Sale Purchase Binding Agreement.

The Company has transferred the risks and benefits of

ownership of the building unit to the buyer through a

transaction which in substance is a sale, and the seller no

longer has any obligations or significant involvement in the

building unit.

Penjualan tanah dan bangunan fasilitas KPR dan KPA:

Penjualan tanah dan bangunan tanpa fasilitas KPR dan KPA.

The recognition of income from sale of land and building without

housing and apartment ownership loan facilities is made when the

buyer had paid at least 20% of selling price.

The income from construction service is recognized based on the

project completion percentage, which is determined on the basis of

completion percentage. The completion percentage is determined on

the basis of certificate of work completed (Laporan Prestasi Proyek -

LPP) signed by both parties. Invoice on completed work is

recognized as operating income and operating receivable, while for

that pending invoicing is recognized as gross receivable from project

owner.

Perusahaan telah mengalihkan resiko dan manfaat

kepemilikan kepada pembeli melalui suatu transaksi yang

secara substansial adalah penjualan dan penjual tidak lagi

berliabilitas atau terlibat secara signifikan dengan aset

(properti) tersebut.

Berdasarkan ketentuan tersebut, pendapatan dari penjualan

rumah dan apartemen diakui bila seluruh syarat berikut telah

terpenuhi:

3.

Sale of land and buildings under housing and apartment ownership

loan facilities:

Tagihan perusahaan tidak bersifat subordinasi di masa

yang akan datang terhadap pinjaman lain yang akan

diperoleh pembeli.

Sale of land and building without housing and apartment

ownership loan facilities.

Pengakuan pendapatan atas penjualan tanah dan bangunan

tanpa fasilitas KPR dan KPA dilakukan bila pembeli telah

membayar minimal 20% dari harga jual.

The Company's receivable will not become subordinated to

other loans received by the buyer.

Harga jual akan tertagih, yaitu jumlah pembayaran termin

yang diterima minimal 20% dari harga jual yang telah

disepakati.

Selling price is collectable, that is when at least 20% of the

selling price is agreed.

Pendapatan real estate (realty ) diakui dengan metode akrual

penuh (full accrual method ), yaitu pada saat ditandatangani Akte

Jual Beli/Akad Kredit atau saat ditandatangani Perjanjian

Pengikatan Jual Beli (PPJB).

Pendapatan atas jasa konstruksi diakui berdasarkan prosentase

penyelesaian pekerjaan. Prosentase penyelesaian konstruksi

ditetapkan berdasarkan kemajuan fisik proyek yang dituangkan

dalam Laporan Prestasi Proyek (LPP) yang ditandatangani kedua

belah pihak. Terhadap pendapatan usaha konstruksi yang telah

diterbitkan fakturnya diakui sebagai piutang usaha, sedangkan

yang belum diterbitkan fakturnya diakui sebagai tagihan bruto

pemberi kerja.

If a real estate transaction does not satisfy the criteria of profit

recognition, the sale recognition shall be deferred and the transaction

shall be recognized using the deposit method until all the criteria for

using the full accrual method are satisfied.

32







(continued)

t. Pengakuan Pendapatan dan Beban t. Recognition of Revenue and Costs

Pengakuan Pendapatan Recognition of Revenue

Pengakuan Beban Recognition of Cost

u. Perpajakan u. Taxation

Bunga pinjaman yang digunakan untuk pembiayaan bidang

usaha realti dan properti dalam masa konstruksi dikapitalisasi.

Sedangkan biaya bunga untuk jasa konstruksi dibebankan

langsung pada tahun berjalan.

Interest on loan used for financing real estate and property during

construction period is capitalized. While interest expense for

construction service is directly charged to current period.

Beban pajak penghasilan terdiri dari pajak penghasilan kini dan

pajak penghasilan tangguhan. Pajak tersebut diakui dalam

laporan laba rugi komprehensip konsolidasian.

Income tax expense comprises current income tax and deffered

income tax. Tax is recognized in the consolidated statement of

comprehensive income.

Pajak penghasilan kini dihitung dengan menggunakan tarif pajak

yang berlaku pada tanggal posisi keuangan.

Related to the enactment of Government Regulation Republic of

Indonesia No. 40 year 2009, which was enacted on June 4, 2009

which is the change (revision) of Government Regulation No. 51 year

2008, which was passed July 23, 2008 on Tax on Income From

Construction Services as a subtitute Government Regulation No. 140

year 2000, the Company as the contractor in accordance with Article

10B of Government Regulation No. 40 year 2009 be charged at 3%

final for the contract obtained from August 1, 2008

Pajak penghasilan tangguhan diakui dengan menggunakan

balance sheet liability method, untuk semua perbedaan temporer

antara dasar pengenaan pajak atas aset dan liabilitas dengan

nilai tercatatnya untuk masing-masing entitas.

Beban diakui sesuai dengan manfaatnya pada tahun yang

bersangkutan (accrual method ).

In the event a real estate construction period is completed over more

the one accounting period, the accounting method used is

percentage-of-completion method.

Pendapatan properti merupakan pendapatan sewa gedung yang

diamortisasi sesuai umur sewa, sesuai PSAK No. 30 tentang

Sewa (Revisi 2011).

The current income tax is calculate using tax rates in effect at the

date of the financial position.

Deffered income tax is recognized using the balance sheet liablility

method, for all temporary differences arising between the tax bases

of assets and liabilities with carrying values for each entity.

Dalam kondisi penyelesaian aktvitas pengembangan real estate

mencakup lebih dari satu periode akuntansi, metode akuntansi

yang digunakan untuk aktivitas pengembangan real estate adalah

metode persentase penyelasaian (precentege-of-completion

method ).

Expenses are recognized in accordance with the benefit derived in

the relevant year (accrual method).

3.

Sehubungan dengan ditetapkannya Peraturan Pemerintah RI No.

40 Tahun 2009 yang diungkapkan pada tanggal 4 Juni 2009 yang

merupakan Perubahan (revisi) atas Peraturan Pemerintah RI No.

51 Tahun 2008 yang telah diundangkan tanggal 23 Juli 2008

tentang Pajak atas Penghasilan dari Usaha Jasa Konstruksi

sebagai pengganti Peraturan Pemerintah RI No. 140 Tahun

2000, Perseroan sebagai pelaksana konstruksi sesuai pasal 10B

Peraturan Pemerintah No. 40 Tahun 2009 dikenakan tarif 3%

final untuk kontrak yang diperoleh mulai 1 Agustus 2008.

Revenue from properties represents building rent revenue which is

amortized over the rent period and in accordance with SFAS No. 30 -

Lease (Revised 2011).

33







(continued)

u. Perpajakan u. Taxation

v. Informasi Segmen v. Segment Information

Perbedaan nilai tercatat aset atau Liabilitas yang berhubungan

dengan pajak penghasilan final dengan dasar pengenaan

pajaknya, tidak diakui sebagai aset atau liabilitas pajak

tangguhan. Beban pajak kini sehubungan dengan penghasilan

yang menjadi subjek pajak penghasilan final diakui proporsional

dengan jumlah pendapatan menurut akuntasi yang diakui pada

periode berjalan dan dijadikan dasar perhitungan dalam

penyusunan Surat Pemberitahuan Tahunan (SPT) Badan oleh

Perseroan. Selisih antara penghasilan pajak final yang telah

dibayar dengan jumlah yang dibebankan sebagai beban pajak

penghasilan pajak final pada perhitungan laba rugi konsolidasi

diakui sebagai pajak dibayar di muka atau utang pajak.

3.

Untuk bidang usaha realty mengacu pada Peraturan Pemerintah

RI No. 71 Tahun 2008 dengan tarif 5% untuk rumah menengah

ke atas dan 1% untuk rumah sederhana. Sedangkan jasa

pengelolaan dan persewaan property mengacu pada UU PPh

pasal 4 ayat 2 dengan tarif 10% final.

A business segment is a distinguishable component of an enterprise

that is engaged in producing products or services (both an individual

product or service or a The Company of related products or services)

and that is subject to risks and returns that are different from those of

other segments.

Segment Information is presented according to The Company

(segment) of business as a primary segment report and secondary

segment report based on controlling unit.

Segmen usaha adalah komponen yang dapat dibedakan

(distinguishable components ) dan menghasilkan suatu produk

atau jasa yang berbeda menurut pembagian industri atau

kelompok produk atau jasa sejenis yang berbeda, terutama untuk

para pelanggan di luar entitas perusahaan.

Differences carrying value of assets or liabilities associated with the

final income tax bases are not recognized as deffered tax assets or

liabilities. Current tax expenses in connection with the income subject

to final income tax is recognized proportionately with the amount of

revenue recognized during the period and basis for calculations in the

preparation of annual tax board. The difference between the final tax

income paid and the amount charged as income tax expense in the

calculation of final tax income is recognized as prepaid as prepaid tax

or tax payable.

Current tax expenses for non construction business unit is

determined based on taxable income for the period is calculate based

on prevailing tax rates. Deffered tax assets and liabilities to non

construction business units are recognized for tax consequences

between carrying amounts of assets and liabilities for financial

reporting with tax bases of assets and liabilities on the reporting date.

Deffered tax liabilities are recognized for all taxable temporary

differences and deffered tax assets are recognized for temporary

differences can be deducted and accumulated tax losses, to the

extent it is probable that can be utilized to reduce taxable income in

the future.

For the field of realty business refers to Government Regulation of

Republik Indonesia No. 71 Year 2008 the rate of 5% for middle-and

upper houses and 1% for a modest house. While management

services and rental of property refers to the income Tax Act article 4

point 2 with a rate of 10% final.

Informasi segmen disajikan menurut pengelompokkan (segmen)

jenis usaha sebagai bentuk pelaporan segmen primer dan

segmen sekunder dikelompokkan berdasarkan unit

pengendalian.

Beban pajak kini untuk bidang usaha non konstruksi ditentukan

berdasarkan penghasilan kena pajak dalam periode yang

bersangkutan yang dihitung berdasarkan tarif pajak yang berlaku.

Aset dan Liabilitas pajak tangguhan untuk bidang usaha non

konstruksi diakui atas konsekuensi pajak pada tahun mendatang

yang timbul dari perbedaan jumlah tercatat Aset dan Liabilitas

menurut laporan keuangan dengan dasar pengenaan pajak Aset

dan Liabilitas pada tanggal laporan. Liabilitas pajak tangguhan

diakui untuk semua perbedaan temporer kena pajak dan aset

pajak tangguhan diakui untuk perbedaan temporer yang boleh

dikurangkan dan akumulasi rugi fiskal, sepanjang besar

kemungkinan dapat dimanfaatkan untuk mengurangi penghasilan

kena pajak pada masa mendatang.

34







(continued)

v. Informasi Segmen v. Segment Information

w. Instrumen Keuangan w. Financial Instruments

1. Aset Keuangan 1. Financial Assets

Pengakuan Awal Initial Recognition

Perusahaan telah menerapkan PSAK 50 (Revisi 2014),

"Instrumen Keuangan: Penyajian", PSAK 55 (Revisi 2014),

"Instrumen Keuangan: Pengakuan dan Pengukuran dan PSAK

60 " Instrumen Keuangan Pengungkapan", yang menggantikan

PSAK 50, " Akuntansi Investasi Efek Tertentu", PSAK 55 (Revisi

1999), "Akuntansi Instrumen Derivaif dan Aktivitas Lindung Nilai".

Financial assets are classified as financial assets measured at fair

value trough profit and loss statement, loans and receivables,

investment held to maturity, or financial assets available for sale,

which one is appropriate. The Company and Subsidiaries

determine the financial assets classification on initial recognition

and, when permitted and necessary, assess those assets

classifications at end of each reporting period.

SFAS 50 (Revised 2014), contains requirement of presentation of

financial instruments and identified information which should be

disclosed. Requirement applies to financial instruments clasifications,

from publisher prespective, on financial assets, financial obligations

and equity instruments; clasification related with interests, devidend,

profit and loss; and offsetting conditions between financial assets and

financial obligations. This SFAS requires disclosure, which are,

informations about factors affecting amount, times and certainly of

future cash flow and accounting policies.

The company have implemented SFAS 50 (Revised 2014), "Financial

Instruments: Presentation", SFAS 55 (Revised 2014), "Financial

Insruments: Recognition and Measurement" and SFAS 60 "Financial

Instruments: Disclosures", Which replace SFAS 50 "Accounting for

Certain Investments in Debt and Equity Securities", SFAS 55

(Revised 1999), "Accounting for Derivative Instruments and Hedging

Activities".

Aset keuangan diklasifikasikan sebagai aset yang diukur pada

nilai wajar melalui laporan laba rugi, pinjaman yang diberikan

dan piutang, investasi dimiliki hingga jatuh tempo, atau aset

keuangan tersedia untuk dijual, mana yang sesuai.

Perusahaan menentukan klasifikasi aset keuangan tersebut

pada pengakuan awal dan, jika diperbolehkan dan diperlukan,

mengevaluasi kembali pengklasifikasian aset tersebut pada

setiap akhir periode keuangan.

SFAS 55 (Revised 2014) establish principles for recognizing and

measuring financial assets, financial liabilities and some contracts to

buy or sell non-financial items. This SFAS, provides derivatives

definition and characteristic of derivatives, classification of financial

instruments, recognition and measurements, accounting for hedging

instrument and determination of hedging.

Control unit segment is a company component which can be

distinguished in products or services at specific controlling unit area

(nature of environment control), which has different risks and benefit

as compared with risks and benefit of other control units (nature of

environment control).

PSAK 55 (Revisi 2014) mengatur prinsip-prinsip dasar

pengakuan dan pengukuran aset keuangan, liabilitas keuangan

dan beberapa kontrak pembelian atau penjualan item non-

keuangan. PSAK ini, antara lain, menyediakan definisi dan

karakteristik derivatif, kategori instrumen keuangan, pengakuan

dan pengukuran, akuntansi lindung nilai dan penetapan

hubungan lindung nilai.

3.

PSAK 50 (Revisi 2014), berisi persyaratan penyajian dari

instrumen keuangan dan mengidentifikasikan informasi yang

harus diungkapkan. Persyaratan pengungkapan berlaku terhadap

klasifikasi instrumen keuangan, dari prespektif penerbit, dalam

aset keuangan, liabilitas keuangan dan instrumen ekuitas;

pengklasifikasian yang terkait dengan suku bunga, deviden,

kerugian dan keuntungan; dan keadaan dimana aset keuangan

dan liabilitas keuangan akan saling hapus. PSAK ini

mensyaratkan pengungkapan, antara lain, informasi mengenai

faktor yang mempengaruhi jumlah, waktu dan tingkat kepastian

arus kas masa datang suatu entitas yang terkait dengan

instrumen keuangan dan kebijakan akuntansi yang diterapkan

untuk instrumen tersebut.

Segmen unit pengendalian adalah komponen perusahaan yang

dapat dibedakan dalam menghasilkan produk atau jasa pada

lingkungan unit pengendalian (sifat lingkungan pengaturan), yang

memiliki risiko dan imbalan yang berbeda dengan risiko dan

imbalan pada lingkungan unit pengendalian (sifat lingkungan

pengaturan) yang lainnya.

35







(continued)

w. Instrumen Keuangan (lanjutan) w. Financial Instruments (continued)

1. Aset Keuangan 1. Financial Assets


Pengukuran Setelah Pengakuan Awal Subsequent Measurement

Aset keuangan pada awalnya diakui sebesar nilai wajarnya

ditambah, dalam hal investasi yang tidak diukur pada nilai

wajar melalui laporan laba rugi komprehensip, biaya transaksi

yang dapat diatribusikan secara langsung.

Derivatif yang melekat pada kontrak utama dicatat sebagai

derivatif yang terpisah apabila karakteristik dan resikonya tidak

berkaitan erat dengan kontrak utama, dan kontrak utama

tersebut tidak dinyatakan dengan nilai wajar.

An embedded derivative are separated from the host contract and

accounted for as a derivative if the economic characteristics and

risks of the embedded derivative are not closely related to the

economic characteristics and risks of the host contract and the

host contract is not measured at fair value.

Financial assets sales and purchase which require assets delivery

within set by rules or convention in the market (common trades)

recognized at the trade date.

Financial Assets Measured at Fair Value Through Comprehensive

Profit and Loss.

Financial assets subsequent measurement depends on each

classification:

The Company's and Subsidiaries financial assets include cash and

cash equivalents, short term investment, accounts receivables and

other receivables, financial instruments that have or don't have

quotations, derivatives financial instruments and current financial

assets and other non current financial assets.

3.

Aset Keuangan Perusahaan meliputi kas dan setara kas,

investasi jangka pendek, piutang usaha dan piutang lainnya,

instrumen keuangan yang memiliki dan tidak memiliki kuotasi,

instrumen keuangan derivatif dan aset keuangan lancar dan

tidak lancar lainnya.

Aset keuangan yang diukur pada nilai wajar melalui laporan

laba rugi termasuk aset keuangan untuk diperdagangkan dan

aset keuangan yang diterapkan pada saat pengakuan awal

untuk diukur pada nilai wajar melalui laporan laba rugi

komprehensip.

Aset keuangan diklasifikasikan sebagai kelompok

diperdagangkan jika mereka diperoleh untuk tujuan dijual atau

dibeli kembali dalam waktu dekat. Aset derivatif juga

diklasifikasikan sebagai kelompok diperdagangkan kecuali

mereka ditetapkan sebagai instrumen lindung nilai efektif. Aset

keuangan yang diukur pada nilai wajar melalui laporan laba

rugi disajikan dalam laporan posisi keuangan konsolidasi pada

nilai wajar dengan keuntungan atau kerugian dari perubahan

nilai wajar diakui dalam laporan laba rugi komprehensip

konsolidasi.

Pengukuran aset keuangan setelah pengakuan awal

tergantung pada klasifikasinya sebagai berikut:

Aset Keuangan Yang Diukur Pada Nilai Wajar Melalui Laporan

Laba Rugi Komprehensip.

Securities purchased and owned for resale in the near future are

classified under the “trading” category. Derivative assets are also

classified under trading category except when they are designated

and effective hedging instruments. Financial asset measured at

fair value through profit and loss are presented in consolidated

statement of financial position at fair value with gain or loss arising

from changes in fair value recognized in consolidated income

statement of comprehensive.

Financial Assets at first recognized at fair value, in the case of

unmeasured investment in fair value through comprehensive profit

and loss statement, transaction costs that can attributed directly.

Pembelian atau penjualan aset keuangan yang memerlukan

pengiriman aset dalam kurun waktu yang ditetapkan oleh

peraturan atau kebiasaan yang berlaku di pasar (perdagangan

yang lazim) diakui pada tanggal perdagangan.

Financial assets measured at fair value through profit and loss

include financial assets held for trading and financial assets

designated to be measured at initial recognition at fair value

through comprehensive profit and loss.

36







(continued)


Pinjaman Yang Diberikan dan Piutang Loans and Account Receivable

Aset Keuangan Tersedia Untuk Dijual Available For Sale (AFS) Financial Assets

Cash and cash equivalent, trade receivables and other

receivables, related party receivables, other current financial

assets, long term receivables and other non current financial asset

including of the Company and subsidiaries are included this

category.

Pinjaman yang diberikan dan piutang adalah aset keuangan

non derivatif dengan pembayaran tetap atau telah ditentukan,

yang tidak mempunyai kuotasi di pasar aktif.

3.

Loans and account receivable are non derivatives financial asset

with fixed or determined payment that no quotation in active

market.

Aset keuangan tersebut diukur sebesar biaya perolehan

diamortisasi (amortized costs ) dengan menggunakan metode

suku bunga efektif (effective interest rate ). Keuntungan dan

kerugian diakui dalam laporan laba rugi komprehensip

konsolidasi pada saat pinjaman yang diberikan dan piutang

dihentikan pengakuannya atau mengalami penurunan nilai,

demikian juga pada saat proses amortisasi.

Kas dan setara kas, piutang usaha dan piutang lainnya, pihak

berelasi, aset keuangan lancar lainnya, piutang jangka

panjang dan aset keuangan tidak lancar lainnya Perusahaan

dan entitas anak termasuk dalam kategori ini.

Those financial assets are measured at amortized costs using

effective interest rate. Gain or losses recognized on consolidated

profit and loss statement at the time of loan granted and

receivables are derecognized or impaired in value, as well as

amortized.

Investasi Dimiliki Hingga Jatuh Tempo Held to Maturity Investment

Perusahaan tidak memiliki investasi dimiliki hingga jatuh

tempo.

Metode ini menggunakan suku bunga efektif yang secara tepat

mendiskontokan estimasi penerimaan kas di masa datang

selama perkiraan umur dari aset keuangan ke nilai tercatat

bersih (net carrying amount ) dari aset keuangan. Keuntungan

dan kerugian diakui dalam laporan laba rugi komprehensif

konsolidasi pada saat investasi tersebut dihentikan

pengakuannya atau mengalami penurunan nilai, serta melalui

proses amortisasi.

The method uses effective interest rate which appropriately

discounting the future estimated cash receipts over the expected

time from financial assets to net carrying amount. Gain or losses

recognized at consolidated comprehensive profit and loss

statement when the investment is derecognized or impaired, and

through amortization process.

Held to maturity investment are non-derivative financial assets with

fixed or determinable payments and fixed maturity that the

Company has the positive intention and ability to hold to maturity.

Subsequent to initial measurement, HTM investment are

measured at amortized cost using effective interest rate.

Aset keuangan non derivatif dengan pembayaran tetap atau

telah ditentukan dan jatuh temponya telah ditetapkan

diklasifikasikan sebagai Held to Maturity (HTM) ketika

Perusahaan dan entitas anak memiliki intensi positif dan

kemampuan untuk memiliki aset keuangan tersebut hingga

jatuh tempo. Setelah pengukuran awal, investasi HTM diukur

pada biaya perolehan diamortisasi dengan menggunakan

metode suku bunga efektif.

The Company does not have held to maturity investment.

Aset keuangan AFS (Available For Sale ) adalah aset

keuangan non derivatif yang ditetapkan sebagai tersedia untuk

dijual atau yang tidak diklasifikasikan dalam tiga kategori

sebelumnya.

AFS financial assets is non derivative financial asset defined as

available for sale or not classified in the previous three categories.

37







(continued)


- -

- -

2. Liabilitas Keuangan 2

.

Financial Liabilities


3.

Investment in shares of less than 20 % interest, the fair value

of which is not available and other long term investment

recognized at cost.

The Company's and Subsidiaries' financial liabilities include trade

and other payables, procurement payables, accrued expenses,

long term debt and bonds, related party payables, derivatives

financial instruments and other current and non current financial

liabilities.

Investasi saham yang nilai wajarnya tidak tersedia dengan

pemilikan modal kurang dari 20%, dan investasi jangka

panjang lainnya dinyatakan sebesar biaya perolehan.

Liabilitas keuangan dapat dikategorikan sebagai liabilitas

keuangan yang diukur pada nilai wajar melalui laporan laba

rugi, pinjaman dan hutang, atau derivatif yang ditetapkan

sebagai instrumen lindung nilai dalam lindung nilai yang

efektif, mana yang sesuai. Perusahaan dan entitas anak

menentukan klasifikasi liabilitas keuangan mereka pada saat

pengakuan awal.

Financial liabilities are initially recognized at fair value and, in

terms of loans and debts, which include directly attributable

transaction costs.

Perusahaan memiliki investasi berikut yang diklasifikasikan

sebagai AFS:

Financial liabilities are classified as financial liabilities measured at

fair value through profit and loss, loan and payables, or derivatives

designated as hedging instrument, which one is appropriate. The

Company and Subsidiaries determine the classification of their

financial liabilities at the time of initial recognition.

Short term investment of less than 20% interest, the fair value

of which is available, classified as AFS, recognized at fair

value.

Liabilitas keuangan Perusahaan dan entitas anak meliputi

utang usaha dan utang lainnya, utang pengadaan, biaya yang

masih harus dibayar, utang jangka panjang dan utang obligasi,

utang pihak berelasi, instrumen keuangan derivatif dan

liabilitas keuangan lancar dan tidak lancar lainnya.

Liabilitas keuangan diakui pada awalnya sebesar nilai wajar

dan, dalam hal pinjaman dan utang, termasuk biaya transaksi

yang dapat diatribusikan secara langsung.

Investasi jangka pendek yang nilai wajarnya tersedia

dengan pemilikan modal kurang dari 20% dan yang

diklasifikasikan dalam kelompok AFS, dicatat sebesar nilai

wajarnya.

The Company invested in securities which are classified as AFS:

Setelah pengukuran awal, aset keuangan AFS diukur dengan

nilai wajar dengan keuntungan atau kerugian yang belum

terealisasi diakui dalam ekuitas sampai investasi tersebut

dihentikan pengakuannya. Pada saat itu, keuntungan atau

kerugian kumulatif yang sebelumnya diakui dalam ekuitas

akan direklas ke laporan laba rugi komprehensif sebagai

penyesuaian reklasifikasi.

Subsequent to initial measurement, AFS financial assets are

measured at fair value with unrealized profit or losses recognized

in equity until the investment is derecognized. At that time,

cumulative profit or losses previously recognized in equity will be

reclassified into comprehensive profit and loss statement as a

reclasification adjustment.

38







(continued)


Pengukuran Setelah Pengakuan Awal Measurement Subsequent to Initial Recognition

Pinjaman dan Utang Loans and Debts

Saling Hapus dari Instrumen Keuangan Offsetting of Financial Instruments

Financial asset and financial liabilities are offset and the net amount

is reported in consolidated statement of financial position, if and only

if, have legal force for offsetting the recognized amount and to settle

on net basis, or to settle the obligations simultaneously.

Aset keuangan dan liabilitas keuangan saling hapus dan nilai

bersihnya dilaporkan dalam laporan posisi keuangan konsolidasi,

jika dan hanya jika, saat ini memiliki hak yang berkekuatan

hukum untuk melakukan saling hapus atas jumlah yang telah

diakui dan terdapat niat untuk menyelesaikan secara neto, atau

untuk merealisasikan liabilitasnya secara simultan.

Financial liabilities measured at fair value through profit and loss

include financial liabilities held for trading and financial liabilities

designated at initial recognition to be measured at the fair value

through profit and loss.

Liabilitas keuangan yang diukur pada nilai wajar melalui

laporan laba rugi termasuk liabilitas keuangan untuk

diperdagangkan dan liabilitas keuangan yang ditetapkan pada

saat pengakuan awal untuk diukur pada nilai wajar melalui

laporan laba rugi.

Financial liabilities classified as held for trading if they are acquired

for the purpose of resale or repurchase in the near future.

Derivative liabilities also classified as held for trading unless they

are designated as effective hedging instruments.

Keuntungan atau kerugian atas liabilitas yang dimiliki untuk

diperdagangkan diakui dalam laporan laba rugi komprehensif

konsolidasi.

Subsequent to initial recognition, loans and interest bearing debt

measured at amortized cost using effective interest rate.

Measurement of financial liabilities depends on their

classifications:

Pengukuran liabilitas keuangan tergantung pada klasifikasinya

sebagai berikut:

Liabilitas keuangan diklasifikasikan sebagai kelompok

diperdagangkan jika mereka diperoleh untuk tujuan dijual atau

dibeli kembali dalam waktu dekat. liabilitas derivatif juga

diklasifikasikan sebagai kelompok diperdagangkan kecuali

mereka ditetapkan sebagai instrumen lindung nilai efektif.

Keuntungan atau kerugian atas liabilitas yang dimiliki untuk

diperdagangkan diakui dalam laporan laba rugi konsolidasi.

Profit or loss on liabilities held for trading is recognized at

consolidated income statement.

Profit or loss on liabilities held for trading is recognized at

consolidated income statement of comprehensive.

Setelah pengakuan awal, pinjaman dan utang yang dikenakan

bunga selanjutnya diukur pada biaya perolehan diamortisasi

dengan menggunakan metode suku bunga efektif.

Liabilitas keuangan yang diukur pada nilai wajar melalui

laporan laba rugi komprehensif.

Financial liabilities measured at fair value through comprehensive

profit and loss statement.

3.

39







(continued)


Biaya Perolehan Diamortisasi dari Instrumen Keuangan Amortized Cost of Financial Instruments

Penurunan Nilai dari Aset Keuangan Impairment of Financial Assets

a. a

.

Financial Assets Recognized at Amortized Cost

At the end of reporting periods the Company and subsidiaries assess

whether there is objective evidence of impairment of financial assets

or those classified as financial assets The Company.

Untuk pinjaman yang diberikan dan piutang yang dicatat pada

biaya perolehan diamortisasi, Perusahaan dan entitas anak

pertama kali menentukan apakah terdapat bukti obyektif

mengenai penurunan nilai secara individual atas aset

keuangan yang signifikan secara individual, atau secara

kolektif untuk aset keuangan yang jumlahnya tidak signifikan

secara individual.

For loan and receivable recognized at amortized cost, the

Company and subsidiary initially assesses whether there is

objective evidence of impairment in financial assets which

individually significant or collectively the financial assets are

individually not significant.

The fair value of financial Instrument traded actively in organized

financial market is measured at market quotation at end of reporting

period. For financial instruments which no active market, the fair

value is measured by assessment techniques. Assessment

techniques include the use of current market transaction, conducted

properly (recent arm's length market transactions); use of current fair

value of other instrument which substantially the same; discounted

cash flow analysis, or other assessment method.

Biaya perolehan diamortisasi dihitung dengan menggunakan

metode suku bunga efektif dikurangi dengan penyisihan atas

penurunan nilai dan pembayaran pokok atau nilai yang tidak

dapat ditagih. Perhitungan tersebut mempertimbangkan premium

atau diskonto pada saat perolehan dan termasuk biaya transaksi

dan biaya yang merupakan bagian yang tak terpisahkan dari

suku bunga efektif.

Perusahaan menyesuaikan harga di pasar yang lebih

menguntungkan untuk mencerminkan adanya perbedaan risiko

kredit pihak lawan antara instrumen yang diperdagangkan di

pasar tersebut dengan instrumen yang dinilai untuk posisi aset

keuangan.

The Company adjust to more profitable market price to reflect the

differences of competitors credit risks between trading instruments

and assessed instruments for the position of financial assets.

Nilai wajar instrumen keuangan yang diperdagangkan secara

aktif di pasar keuangan yang terorganisasi ditentukan dengan

mengacu pada kuotasi harga penawaran di pasar aktif pada

penutupan bisnis pada akhir periode pelaporan. Untuk instrumen

keuangan yang tidak memiliki pasar aktif, nilai wajar ditentukan

dengan menggunakan teknik penilaian. Teknik penilaian

mencakup penggunaan transaksi pasar terkini yang dilakukan

secara wajar oleh pihak - pihak yang berkeinginan dan

memahami (recent arm's length market transactions);

penggunaan nilai wajar terkini instrumen lain yang secara

substansial sama; analisa arus kas yang didiskonto; atau model

penilaian lain.

Amortized cost is calculated using effective interest rate less

allowance for impairment or unrecoverable. The calculation consider

premium or discounted at the time of acquisition and include

transaction cost and cost which is the integral part of effective

interest rate.

Aset Keuangan Dicatat Pada Biaya Perolehan Diamortisasi

Pada setiap akhir periode pelaporan Perusahaan dan entitas

anak mengevaluasi apakah terdapat bukti yang obyektif bahwa

aset keuangan atau kelompok aset keuangan mengalami

penurunan nilai.

Dalam menentukan nilai wajar posisi liabilitas keuangan, risiko

kredit Perusahaan terkait dengan instrumen harus

diperhitungkan.

In determining fair value of financial liabilities, the Company take into

account credit risk associated with the instruments.

3.

40







(continued)


Nilai tercatat aset tersebut berkurang melalui penggunaan

akun penyisihan dan jumlah kerugian diakui dalam laporan

laba rugi konsolidasi. Pendapatan bunga tetap diakui

berdasarkan nilai tercatat yang telah dikurangi, berdasarkan

suku bunga efektif aset tersebut.

The carrying amounts of the assets are reduced with allowance

and the loss is recognized in the consolidated income statement.

Interest income is recognized based on carrying amount which is

reduced, based on the effective interest rate.

Jika terdapat bukti obyektif bahwa kerugian penurunan nilai

terjadi, jumlah kerugian tersebut diukur sebagai selisih nilai

tercatat aset dengan nilai kini estimasi arus kas masa datang

(tidak termasuk ekspektasi kerugian kredit masa datang yang

belum terjadi).

If there is objective evidence that impairment loss has occurred,

the amount of such loss is measured as difference between

carrying amount and estimated future cash flow (excluding

expected future credit loss).

Nilai kini estimasi arus kas masa datang didiskonto

menggunakan suku bunga efektif awal dari aset keuangan

tersebut. Jika pinjaman yang diberikan dan piutang yang

memiliki suku bunga variabel, tingkat diskonto untuk mengukur

kerugian penurunan nilai adalah suku bunga efektif terkini.

The present value of estimated future cash flows discounted at the

original effective interest rate of the asset. If a loan and receivable

has a variable interest rate, the discount rate for measuring

impairment loss is the current effective interest rate.

When in subsequent periods, impairment loss increase or

decrease due to a condition after the impairment is recognized, the

impairment losses previously recognized is added or deducted by

adjusting the allowance account. When the write off is recovered,

the recovery is recognized in the income statement.

Loans and receivable, together with related allowance, will be

written off at the time there's no possibility for recovery and all

collaterals have been realized or transferred to the Company and

Subsidiaries.

Jika, pada periode berikutnya, jumlah kerugian penurunan nilai

bertambah atau berkurang karena suatu peristiwa yang terjadi

setelah penurunan nilai tersebut diakui, maka kerugian

penurunan nilai yang sebelumnya diakui ditambah atau

dikurangi dengan menyesuaikan akun penyisihan. Jika

penghapusan kemudian dipulihkan, maka pemulihan tersebut

diakui dalam laporan laba rugi.

Jika Perusahaan dan entitas anak menentukan tidak terdapat

bukti obyektif mengenai penurunan nilai atas aset keuangan

yang dinilai secara individual, terlepas aset keuangan tersebut

signifikan atau tidak, maka mereka memasukkan aset tersebut

ke dalam kelompok aset keuangan yang memiliki karakteristik

risiko kredit yang sejenis dan menilai penurunan nilai

kelompok tersebut secara kolektif. Aset yang penurunan

nilainya dinilai secara individual, dan untuk itu kerugian

penurunan nilai diakui atau tetap diakui, tidak termasuk dalam

penilaian penurunan nilai secara kolektif.

If it is determined that there is no objective evidence of

impairment in individually assessed financial assets, whether they

are significant or not, then they include the assets into

classification of financial assets with similar credit risk

characteristics and collectively assesses them for impairment.

Assets that are individually assessed for impairment and for which

an impairment loss is recognized or continuously recognized, they

are not included in the collectively assessed for impairment.

3.

Pinjaman yang diberikan dan piutang, bersama-sama dengan

penyisihan terkait, akan dihapuskan pada saat tidak terdapat

kemungkinan pemulihan di masa depan yang realistik dan

semua jaminan telah terealisasi atau telah dialihkan kepada

Perusahaan dan entitas anak.

41







(continued)


b. Aset Keuangan AFS b

.

AFS Financial Assets

When payable instruments are classified as AFS financial assets,

the impairment is assessed on the basis of similar criteria for

financial assets recognized at amortized cost. Future interest

income is based on reduced carrying amount and recognized

based on interest rate used for discounting future cash flows for

the purpose of measuring impairment losses. Those accrual

recognized as part of "Interest Income" account in consolidated

income statement. When, in subsequent periods, payable fair

value increase and the increase objectively associated to event

after impairment losses is recognized in income statement, the

impairment losses are recovered through income statement.

If there's an evidence that impairment losses have occurred, total

cumulative losses measured as difference between cost and

current fair value, less impairment losses of investment value

previously recognized in income statement, are reclassified from

equity to profit and loss statement. Impairment losses of equity

investment should not be restored through profit and loss

statement; increase in fair value after impairment is recognized in

equity.

3.

Dalam hal investasi ekuitas yang diklasifikasikan sebagai aset

AFS (Available For Sale), bukti objektif akan meliputi

penurunan yang signifikan atau penurunan jangka panjang

pada nilai wajar dari investasi di bawah biaya perolehannya.

For equity Investments which are classified as AFS asset, the

objective evidence include significant impairment or long term

impairment on the fair value of investments below the cost.

Dalam hal instrumen utang diklasifikasikan sebagai aset

keuangan AFS, penurunan nilai dievaluasi berdasarkan kriteria

yang sama pada aset keuangan yang dicatat pada biaya

perolehan diamortisasi. Pendapatan bunga di masa datang

didasarkan pada nilai tercatat yang telah dikurangi dan diakui

berdasarkan suku bunga yang digunakan untuk

mendiskontokan arus kas masa datang untuk tujuan

pengukuran kerugian penurunan nilai. Akrual tersebut dicatat

sebagai bagian dari akun "Pendapatan Bunga" dalam laporan

laba rugi konsolidasi. Jika, pada periode berikutnya, nilai wajar

instrumen utang meningkat dan peningkatan tersebut secara

obyektif dihubungkan dengan peristiwa yang terjadi setelah

pengakuan kerugian penurunan nilai pada laporan laba rugi,

maka kerugian penurunan nilai tersebut harus dipulihkan

melalui laporan laba rugi.

Jika terdapat bukti bahwa kerugian penurunan nilai telah

terjadi, jumlah kerugian kumulatif yang diukur sebagai selisih

antara biaya perolehan dengan nilai wajar kini, dikurangi

kerugian penurunan nilai investasi yang sebelumnya telah

diakui dalam laporan laba rugi direklas dari ekuitas ke laporan

laba rugi. Kerugian penurunan nilai atas investasi ekuitas tidak

boleh dipulihkan melalui laporan laba rugi; kenaikan nilai wajar

setelah penurunan nilai diakui dalam ekuitas.

42







(continued)


Penghentian Pengakuan Aset dan liabilitas Keuangan. Derecognition of Financial Asset and Liabilities.

Aset Keuangan Financial Asset

Liabilitas Keuangan Financial Liabilities

Instrumen Keuangan Derivatif Derivatives Financial Instruments

Ketika suatu liabilitas keuangan yang ada digantikan oleh

liabilitas keuangan lain dari pemberi pinjaman yang sama dengan

persyaratan yang berbeda secara substansial, atau modifikasi

secara substansial persyaratan dari suatu liabilitas yang saat ini

ada, pertukaran atau modifikasi tersebut diperlakukan sebagai

penghentian pengakuan liabilitas awal dan pengakuan liabilitas

baru, dan selisih antara nilai tercatat masing-masing liabilitas

diakui dalam laporan laba rugi.

Perusahaan menandatangani kontrak swap valuta asing, swap

suku bunga dan instrumen lainnya yang diperbolehkan, jika

dianggap perlu, untuk tujuan mengelola resiko perubahan nilai

tukar mata uang asing dan suku bunga yang berasal dari utang

jangka panjang dan hutang obligasi Perusahaan dalam mata

uang asing.

The Company may enter into foreign currency swap contracts,

interest rate swap and other allowed instruments, when necessary,

for the purpose of managing risks in rate of exchange of foreign

currencies, and interest rates on long term loans and the Company

bonds denominated in foreign currencies.

3.

Financial liabilities derecognized at the time the liabilities ended,

cancelled or expired.

Liabilitas keuangan dihentikan pengakuannya pada saat liabilitas

tersebut dihentikan atau dibatalkan atau kadaluarsa.

Financial asset (or which is more appropriate, part of financial

asset or part of similar financial asset The Company)

derecognized at the time: (1) the right to receive cash flows arising

from the asset has ended; or (2) the Company and Subsidiaries

have transferred their rights to receive cash flows arising from

asset or are liable to pay the cash flows fully received without

material delay to third parties on "pass-through" agreement; and

also (a) the Company and Subsidiaries substantially transferred

the whole risks and benefit of an asset, or (b) the Company and

Subsidiaries substantially do not transfer or do not have risk and

benefits of an asset, but have transferred control over the asset.

Aset keuangan (atau mana yang lebih tepat, bagian dari aset

keuangan atau bagian dari kelompok aset keuangan serupa)

dihentikan pengakuannya pada saat: (1) hak untuk menerima

arus kas yang berasal dari aset tersebut telah berakhir; atau (2)

Perusahaan dan entitas anak telah mentransfer hak mereka

untuk menerima arus kas yang berasal dari aset atau berliabilitas

untuk membayar arus kas yang diterima secara penuh tanpa

penundaan material kepada pihak ketiga dalam perjanjian "pass-

through"; dan baik (a) Perusahaan dan entitas anak telah secara

substansial mentransfer seluruh resiko dan manfaat dari aset,

atau (b) Perusahaan dan entitas anak secara substansial tidak

mentransfer atau tidak memiliki seluruh risiko dan manfaat suatu

aset, namun telah mentransfer kendali atas aset tersebut.

At the time an existing financial liabilities are replaced by other

financial liabilities from the same creditors with substantially

different requirements, or substantially modified requirements of

the existing liabilities, the replacement or the modification is

treated as derecognition of the initial liabilities and recognition of

new liabilities, and the differences between each of those liabilities

carrying amount is recognized in the income statement.

Instrumen keuangan derivatif tidak ditetapkan untuk suatu

hubungan lindung nilai yang memenuhi syarat (qualifying hedge

relationships) dan pada awalnya diakui pada nilai wajar pada

tanggal kontrak derivatif ditandatangani dan kemudian diukur

kembali pada nilai wajarnya. Derivatif dicatat sebagai aset

keuangan saat memiliki nilai wajar positif dan sebagai liabilitas

keuangan apabila memiliki nilai wajar negatif.

Derivatives financial instruments are not designated for qualifying

hedge instrument and initially recognized at fair value on the date

derivatives contract is signed and subsequently premeasured at

fair value. Derivatives recognized as financial assets when it has

positive fair value and as financial liabilities if they have negative

fair value.

43







(continued)


x. x.

- -

Perubahan bersih nilai wajar instrumen derivatif, pendapatan atau

beban swap, pendapatan atau beban terminasi, dan

penyelesaian dari instrumen derivatif dikreditkan (dibebankan)

pada "laba (rugi) Perubahan Nilai Wajar Derivatif Bersih", yang

disajikan sebagai bagian Penghasilan (Beban) Lain-lain dalam

laporan laba rugi konsolidasi.

Keuntungan atau kerugian yang timbul dari perubahan nilai wajar

derivatif selama periode berjalan yang tidak memenuhi

persyaratan sebagai akuntansi lindung nilai diakui langsung pada

laporan laba rugi.

The Company does not have any derivative financial instrument.

Net change of derivatives fair value, swap income or expense,

termination income or expense, and settlement derivative

instrument are credited (charged) into "net profit (loss) of change

in derivatives fair value", which is presented as Other Income

(Expenses) in the consolidated income statement.

Aset dan liabilitas derivatif disajikan masing-masing sebagai aset

dan liabilitas lancar.

Perusahaan tidak memiliki instrumen keuangan derivatif.

Derivatif melekat disajikan bersama dengan kontrak utamanya

pada laporan posisi keuangan konsolidasi yang mencerminkan

penyajian yang tepat atas seluruh arus kas pada masa datang

dari instrumen tersebut secara keseluruhan.

Embedded derivatives are presented along with the host contract

in the consolidated statement of financial position that reflect

proper presentation of all future cash flow of the instrument as a

whole.

Derivative assets and liabilities are respectively presented as

current assets and current liabilities.

Gain or loss arising from changes in derivatives fair value during

the periods that do not meet the requirements as hedge

accounting is directly recognized in the income statement.

The fair value of an asset or a liability is measured using the

assumptions that market participants would use when pricing the

asset or liability, assuming that market participants act in their

economic best interest.

Nilai wajar instrumen keuangan Fair value of financial instrument

Perseroan menilai instrumen keuangan, termasuk derivatif,

sebesar nilai wajar pada setiap tanggal laporan posisi keuangan

konsolidasian. Nilai wajar atas instrumen keuangan diukur pada

biaya diamortisasi diungkapkan di Catatan 57.

The Company measures financial instruments, including derivatives,

at fair value at each consolidated statement of financial position date.

Also, fair values of financial instruments measured at amortized cost

are disclosed in Notes 57.

Nilai wajar adalah harga yang akan diterima untuk menjual suatu

aset atau harga yang akan dibayar untuk mengalihkan suatu

liabilitas dalam transaksi teratur antara pelaku pasar pada

tanggal pengukuran. Pengukuran nilai wajar mengasumsikan

bahwa transaksi untuk menjual aset atau mengalihkan liabilitas

terjadi:

Fair value is the price that would be received to sell an asset or paid

to transfer a liability in an orderly transaction between market

participants at the measurement date. The fair value measurement is

based on the presumption that the transaction to sell the asset or

transfer the liability takes place either:

Di pasar utama untuk aset dan liabilitas tersebut, atau

Jika tidak terdapat pasar utama, di pasar yang paling

menguntungkan untuk aset atau liabilitas tersebut.-

In the principal market for the asset or liability, or

In the absence of a principal market, in the most advantageous

market for the asset or liability.

3.

-

Perseroan harus memiliki akses ke pasar utama atau pasar yang

paling menguntungkan.

The principal or the most advantageous market must be accessible to

by The Company.

Nilai wajar aset atau liabilitas diukur menggunakan asumsi yang

akan digunakan pelaku pasar ketika menentukan harga aset atau

liabilitas tersebut, dengan asumsi bahwa pelaku pasar utamanya

bertindak untuk kepentingan ekonomi terbaik mereka.

44







(continued)

x. x.

3.

Nilai wajar instrumen keuangan

Pengukuran nilai wajar atas aset nonkeuangan memperhitungkan

kemampuan pelaku pasar dalam menghasilkan manfaat ekonomi

tertinggi dalam penggunaan aset atau dengan menjualnya

kepada pelaku pasar lain yang akan menggunakan aset tersebut

secara maksimal.

A fair value measurement of a nonfinancial asset takes into account a

market participant's ability to generate economic benefits by using the

asset in its highest and best use or by selling it to another market

participant that would use the asset in its highest and best use.

Perseroan menggunakan teknik penilaian yang sesuai dengan

keadaan dan dimana data memadai tersedia untuk mengukur

nilai wajar, memaksimalkan penggunaan input yang dapat

diobservasi yang relevan dan meminimalkan penggunaan input

relevan yang tidak dapat diobservasi.

The Company uses valuation techniques that are appropriate in the

circumstances and for which sufficient data are available to measure

fair value, maximizing the use of relevant observable inputs and

minimizing the use of unobservable inputs.

Semua aset dan liabilitas dimana nilai wajar diukur atau

diungkapkan dalam laporan keuangan konsolidasian dapat

dikategorikan pada level hirarki nilai wajar, sebagaimana

dijelaskan di bawah ini, berdasarkan tingkatan input terendah

yang signifikan atas pengukuran nilai wajar secara keseluruhan:

All assets and liabilities for which fair value is measured or disclosed

in the consolidated financial statements are categorized within the fair

value hierarchy, described as follows, based on the lowest level input

that is significant to the fair value measurement as a whole:

Level 1-Quoted (unadjusted) market prices in active markets for

identical assets or liabilities

Level 1-Harga kuotasian (tanpa penyesuaian) di pasar aktif

untuk aset atau liabilitas yang identik;-

-

-

-

-

Level 3 -Valuation techniques for which the lowest level input that

is significant to the fair value measurement is unobservable-

Fair value of financial instrument

Untuk aset dan liabilitas yang diakui sebesar nilai wajar dalam

laporan keuangan konsolidasian secara berulang, Perseroan

menentukan apakah terjadi transfer antara Level di dalam hirarki

dengan cara mengevaluasi kategori (berdasarkan input level

terendah yang signifikan dalam pengukuran nilai wajar secara

keseluruhan) pada setiap akhir periode pelaporan

Untuk tujuan pengungkapan nilai wajar, Perseroan telah

menentukan kategori aset dan liabilitas berdasarkan sifat,

karakteristik, dan risiko dari aset atau liabilitas tersebut, dan level

hirarki nilai wajar seperti dijelaskan di atas.

For assets and liabilities that are recognized at fair value in the

consolidated financial statements on a recurring basis, The Company

determines whether transfers have occurred between Levels in the

hierarchy by reassessing categorization (based on the lowest level

input that is significant to the fair value measurement as a whole) at

the end of each reporting year.

For the purpose of fair value disclosures, The Company has

determined classes of assets and liabilities on the basis of the nature,

characteristics and risks of the asset or liability and the level of the

fair value hierarchy as explained above.

Level 2 -Valuation techniques for which the lowest level input

that is significant to the fair value measurement is directly or

indirectly observable

Level 2-Teknik penilaian dimana input level terendah yang

signifikan terhadap pengukuran nilai wajar yang dapat

diobservasi baik secara langsung atau tidak langsung;

Level 3-Teknik penilaian dimana input level terendah yang

signifikan terhadap pengukuran yang tidak dapat diobservasi

45







(continued)

x. x.

y. Penggunaan Estimasi y. Use of Estimate

z. Biaya Emisi Saham z. Stock Emission Cost

aa. Laba Per Saham Dasar aa. Earning Per Share

bb. Transaksi Entitas Restrukturisasi Sepengendali bb.

Biaya emisi saham disajikan sebagai pengurang dari tambahan

modal disetor dan tidak diamortisasi.

Penyusunan laporan keuangan sesuai dengan standar akuntansi

keuangan mengharuskan manajemen untuk membuat estimasi

dan asumsi terhadap jumlah yang dilaporkan. Oleh karena tidak

adanya kepastian dalam membuat estimasi, maka terdapat

kemungkinan hasil aktual di masa yang akan datang berbeda

dengan jumlah yang diestimasi tersebut.

The preparation of the financial statements in conformity with

financial accounting standard requires management to make

estimates and assumptions that affect the reported amounts of

assets and liabilities and disclosure of contingent assets and liabilities

at the date of the financial statements and the reported amounts of

revenues and expenses during the reporting period. Actual results

could differ from those estimates.

Perbedaan antara estimasi dan jumlah aktual diperhitungkan

dalam perhitungan laba (rugi) tahun berjalan.

The difference between the estimate and the actual amount is

recognized in the current income statement.

Laba per saham dasar dihitung dengan membagi laba bersih

yang dapat diatribusikan kepada pemilik entitas induk dengan

jumlah rata-rata tertimbang saham yang beredar pada tahun

yang bersangkutan.

Earning Per Share is computed by dividing net income attributable to

owner of the parent entity by weighted average number of shares

subscribed and fully paid in the current period.

Entitas sepengendali adalah pihak-pihak (perorangan,

perusahaan atau bentuk entitas lainnya) yang, secara langsung

atau tidak langsung (melalui satu atau lebih perantara),

mengendalikan atau dikendalikan oleh atau berada di bawah

pengendalian yang sama.

Entities under common control are parties (individual, company, or

other form of entities) which directly or indirectly (through one or

more intermediaries) control or are controlled by or are under the

same control.

Restructuring Transactions of Entities Under Common

Control

Stock emission cost presented as a reduction of additional paid in

capital and unamortized.

Penyesuaian risiko kredit Credit risk adjustment

Perusahaan melakukan penyesuaian harga dalam kondisi pasar

yang lebih menguntungkan untuk mencerminkan adanya

perbedaan risiko kredit di pihak lawan antara instrumen yang

diperdagangkan di pasar tersebut dengan instrumen yang

sedang dinilai untuk posisi aset keuangan. Dalam menentukan

nilai wajar liabilitas keuangan, risiko kredit Perusahaan terkait

dengan instrumen harus diperhitungkan.

The Company adjusts the price in the more advantageous market to

reflect any differences in counterparty credit risk between instruments

traded in that market and the ones being valued for financial asset

positions. In determining the fair value of financial liability positions,

the Company's own credit risk associated with the instrument is taken

into account.

Tidak terdapat efek berpotensi saham yang dilutif pada semua

tanggal pelaporan

There were no potentially dilutive shares for all of the reporting

periods.

3.

Nilai wajar instrumen keuangan Fair value of financial instrument

46







(continued)

bb. Transaksi Entitas Restrukturisasi Sepengendali bb.

4.

a. Pertimbangan a. Judgements

- Penentuan mata uang fungsional - Determination of functional currency

Dalam proses penerapan kebijakan akuntansi Perseroan,

manajemen telah membuat pertimbanganpertimbangan berikut

ini, yang terpisah dari estimasi dan asumsi, yang memiliki

pengaruh paling signifikan terhadap jumlah yang dicatat dalam

laporan keuangan konsolidasian:

In applying The Company accounting policies, management has

made the following judgements, apart from those including

estimations and assumptions, which have the most significant

effect on the amounts recognized in the consolidated financial

statements:

Mata uang fungsional dari masing - masing entitas dalam

Perseroan adalah mata uang dari lingkungan ekonomi

utama di mana entitasentitas tersebut beroperasi. Mata

uang tersebut adalah mata uang yang paling

mempengaruhi pendapatan dan beban dari jasa yang

diberikan.

The functional currency of each of the entities in The

Company is the currency of the primary economic

environment in which each entity operates. It is the currency

that mainly influences the revenue and cost of rendering

services.

Penyusunan laporan keuangan konsolidasian Perseroan

mensyaratkan manajemen untuk membuat pertimbangan,

estimasi dan asumsi yang mempengaruhi jumlah yang dilaporkan

atas pendapatan, beban, aset dan liabilitas, serta pengungkapan

liabilitas kontinjensi pada akhir periode pelaporan. Namun,

ketidakpastian asumsi dan estimasi ini dapat menyebabkan hasil

yang memerlukan penyesuaian material terhadap nilai tercatat

pada aset atau liabilitas yang berdampak pada masa mendatang.

The preparation's of consolidatedfinancial statements requires

management to make judgements, estimates and assumptions that

affect the reported amounts of revenues, expenses, assets and

liabilities, and the disclosure of contingent liabilities, at the end of the

reporting period. However, uncertainty about these assumptions and

estimates could result in outcomes that require a material adjustment

to the carrying amount of the assets or liabilities affected in future

years

4.PENGGUNAAN PERTIMBANGAN, ESTIMASI DAN ASUMSI

SIGNIFIKAN OLEH MANAJEMEN

MANAGEMENT'S USE OF SIGNIFIC JUDGEMENTS, ESTIMATES AND

ASSUMPTIONS

Selisih antara harga pengalihan dengan nilai buku setiap

transaksi restrukturisasi entitas sepengendali dibukukan pada

akun “Selisih nilai transaksi restrukturisasi entitas sepengendali”

sebagai bagian “Tambahan modal disetor” pada bagian ekuitas

dalam laporan posisi keuangan konsolidasian.

Any difference between the transfer price and book value of

each restructuring transaction between entities under common

control are recorded in the account “Difference in value of

restructuring transactions among entities under common control,”

presented as "Additional paid in a capital" component of

equity.

3.

47






4.

- Sewa - Lease

Perseroan mempunyai beberapa perjanjian sewa di mana

Perseroan bertindak sebagai lessee atau lessor untuk

beberapa aset tetap tertentu. Perseroan mengevaluasi

apakah terdapat risiko dan manfaat kepemilikan yang

signifikan dari aset sewa yang dialihkan kepada lessee

atau tetap ada pada Perseroan berdasarkan PSAK 30,

"Sewa" yang mensyaratkan Perseroan untuk membuat

pertimbangan dan estimasi dari pengalihan risiko dan

manfaat terkait dengan kepemilikan aset yang disewa.

The Company has various lease agreements where The

Company acts as either a lessee or lessor in respect of

certain assets. The Company evaluates whether significant

risks and rewards of ownership of the leased asset are

transferred to the lessee or retained by The Company

based on PSAK 30, "Leases" which requires The Company

to make judgements and estimates of transfer of risks and

rewards of ownership of leased asset.

Perseroan mengklasifikasikan sewa sebagai sewa

pembiayaan atau sewa operasi sesuai dengan kebijakan

akuntansi yang dinyatakan dalam Catatan 3n. Menentukan

apakah suatu transaksi sewa adalah sewa pembiayaan

atau sewa operasi adalah masalah yang kompleks dan

membutuhkan pertimbangan substansial apakah perjanjian

sewa mengalihkan seluruh risiko dan manfaat kepemilikan

ke atau dari Perseroan secara substansial. Pertimbangan

hati-hati diperlukan atas berbagai aspek kompleks yang

meliputi, tetapi tidak terbatas pada, penentuan nilai wajar

aset sewaan, umur ekonomis aset sewaan, opsi

perpanjangan masa sewa dan tingkat diskonto yang tepat

untuk menghitung nilai kini dari pembayaran sewa

minimum.

The Company classifies leases into finance leases or

operating leases in accordance with the accounting policies

stated in Note 3n Determining whether a lease transaction is a

finance lease or an operating lease is a complex issue and

requires substantial judgement as to whether the lease

agreement transfers substantially all the risks and rewards of

ownership to or from The Company. Careful and considered

judgement is required on various complex aspects that

include, but are not limited to, the fair value of the leased

asset, the economic life of the leased asset, whether renewal

options are included in the lease term and determining an

appropriate discount rate to calculate the present value of the

minimum lease payments.

Klasifikasi sebagai sewa pembiayaan atau sewa operasi

menentukan apakah aset sewaan dapat dikapitalisasi dan

diakui dalam laporan posisi keuangan konsolidasian.

The classification as a finance lease or operating lease

determines whether the leased asset is capitalized and

recognized in the consolidated statement of financial position

PENGGUNAAN PERTIMBANGAN, ESTIMASI DAN ASUMSI

SIGNIFIKAN OLEH MANAJEMEN (lanjutan)

4. MANAGEMENT'S USE OF SIGNIFIC JUDGEMENTS, ESTIMATES AND

ASSUMPTIONS (continued)

48






4.

a. Pertimbangan a. Judgements

- -

- Provisi atas kasus hukum - Provision for legal case

Penurunan nilai terjadi ketika nilai tercatat dari aset atau

Unit penghasil kas melebihi nilai terpulihkannya, yang

mana yang lebih tinggi dari nilai wajar dikurangi biaya

untuk menjual dan nilai pakai. Perhitungan nilai wajar

dikurangi biaya untuk menjual berdasarkan data yang

tersedia dari transaksi penjualan yang mengikat dalam

sebuah transaksi wajar (arm's lenght transaction) dari aset

serupa atau harga pasar yang dapat diobservasi dikurangi

biaya tambahan (incremental costs) untuk menjual aset

tersebut. Perhitungan nilai pakai berdasarkan pada model

arus kas yang didiskontokan. Data arus kas diambil dari

anggaran untuk lima tahun yang akan datang dan tidak

termasuk aktivitas restrukturisasi yang belum dilakukan

oleh Perseroan atau investasi signifikan di masa datang

yang akan menambah kinerja aset dari UPK yang diuji.

Nilai terpulihkan paling dipengaruhi oleh tingkat diskonto

yang digunakan dalam model arus kas yang didiskontokan,

sebagaimana juga jumlah arus kas masuk di masa depan

(future cash inflows) yang diharapkan dan tingkat

pertumbuhan yang digunakan untuk tujuan ekstrapolasi.

Asumsi kunci yang digunakan untuk menentukan nilai

terpulihkan atas bisnis unit selular, salah satu dari UPK

Perseroan, disajikan dan dijelaskan lebih lanjut pada

Catatan 3u.

Impairment exists when the carrying value of an asset or

CGU exceeds its recoverable amount, which is the higher

of its fair value less costs to sell and its value in use. The

fair value less costs to sell calculation is based on available

data from binding sales transactions in arm's lenght

transaction of similar assets or observable market prices

less incremental costs for disposing of the asset. The value

in use calculation is based on a discounted cash flow

model. The cash flows are derived from the budget for the

next five years and do not include restructuring activities

that The Company is not yet committed to or significant

future investments that will enhance the asset's performace

of being tested. The recoverable amount calculation is

sensitive to the discount rate used for the discounted cash

flow model as well as the expected future cash inflows and

the growth rate used for extrapolation purposes. The key

assumptions used to determine the recoverable amount for

the cellular business unit, one of CGUs, is disclosed and

further explained in Note 3u.

Penurunan nilai dari aset non-keuangan Impairment of non-financial assets

Perseroan saat ini sedang terlibat dalam sebuah kasus

hukum yang signifikan dan selanjutnya telah menerima

keputusan Mahkamah Agung ("MA") atas kasus hukum

tersebut (Catatan 50). Manajemen saat ini memutuskan

untuk mengakui provisi atas kasus hukum karena

keputusan MA dianggap telah final dan mengikat. Provisi

tersebut dibuat berdasarkan jumlah yang ditetapkan dalam

keputusan MA. Namun, manajemen berkeyakinan bahwa

masih terdapat kesempatan untuk mengajukan Peninjauan

Kembali berdasarkan hukum yang berlaku. Terdapat

kemungkinan bahwa kinerja keuangan di masa depan

dapat dipengaruhi secara material oleh hasil dari

Peninjauan Kembali atas kasus ini.

The Company has recently been involved in a significant

legal case and subsequently obtained the Supreme Court's

decision on the Case (Note 50) Management currently

decided to recognize a provision for legal case as the

Supreme Court decision is considered final and binding.

Such provision is made based on the amount However,

management believes that there is still opportunity for

further judicial review under the prevailing laws. It is

possible that future financial performance could be

materially affected by the result of the judicial review

relating to the case.





49






4.

b. Estimasi dan Asumsi b. Estimates and Assumptions

- -

- Estimasi masa manfaat aset tetap dan aset takberwujud -

Estimasi dan asumsi yang secara signifikan berisiko

menyebabkan penyesuaian material terhadap nilai tercatat

aset dan liabilitas dalam periode pelaporan mendatang

dijabarkan sebagai berikut:

The estimates and assumptions that have a significant risk of

causing a material adjustment to the carrying amounts of

assets and liabilities within the next reporting period are

addressed below:

Penentuan nilai wajar dari aset keuangan dan liabilitas

keuangan

Determination of fair values of financial assets and financial

liabilities

Ketika nilai wajar dari aset keuangan dan liabilitas

keuangan yang dicatat dalam laporan posisi keuangan

konsolidasian tidak dapat diambil dari pasar yang aktif,

maka nilai wajarnya ditentukan dengan menggunakan

teknik penilaian, termasuk model arus kas didiskontokan.

Input untuk model tersebut dapat diambil dari pasar yang

dapat diobservasi, tetapi apabila hal ini tidak

memungkinkan, sebuah tingkat pertimbangan disyaratkan

dalam menetapkan nilai wajar. Pertimbangan tersebut

mencakup penggunaan input seperti risiko likuiditas, risiko

kredit dan volatilitas. Perubahan dalam asumsi mengenai

faktor-faktor tersebut dapat mempengaruhi nilai wajar dari

instrumen keuangan yang dilaporkan. Penentuan nilai

wajar dari aset keuangan dan liabilitas keuangan disajikan

dan dijelaskan lebih lanjut pada Catatan 56.

When the fair value of financial assets and financial

liabilities recorded in the consolidated statement of financial

position cannot be derived from active markets, their fair

value is determined using valuation techniques, including

the discounted cash flow model. The inputs to these

models are taken from observable markets where possible,

but where this is not feasible, a degree of judgement is

required in establishing fair value. The judgements include

considerations of inputs such as liquidity risk, credit risk

and volatility. Changes in assumptions about these factors

could affect the reported fair value of the financial

instruments. Determination of fair values of financial assets

and liabilities are disclosed and further explained in Note

56.

Perseroan mengestimasi masa manfaat dari aset tetap dan

aset takberwujud berdasarkan ekspektasi utilisasi dari aset

dengan didukung rencana dan strategi usaha yang juga

mempertimbangkan perkembangan teknologi di masa

depan dan perilaku pasar. Estimasi masa manfaat aset

tetap didasarkan pada penelaahan Perseroan secara

kolektif terhadap praktik industri, evaluasi teknis internal

dan pengalaman untuk aset yang setara. Estimasi masa

manfaat ditelaah paling sedikit setiap akhir tahun

pelaporan dan diperbarui jika ekspektasi berbeda dari

estimasi sebelumnya dikarenakan pemakaian dan

kerusakan fisik, keusangan secara teknis atau komersial

dan hukum atau pembatasan lain penggunaan aset.

Namun, ada kemungkinan, hasil operasi di masa depan

dapat dipengaruhi secara material oleh perubahan-

perubahan dalam estimasi yang diakibatkan oleh

perubahan faktor-faktor yang disebutkan di atas.

The Company estimates the useful lives of its property and

equipment and intangible assets based on expected asset

utilization as anchored on business plans and strategies

that also consider expected future technological

developments and market behavior. The estimation of the

useful lives of property and equipment is based on The

Company collective assessment of industry practice,

internal technical evaluation and experience with similar

assets. The estimated useful lives are reviewed at least

each financial year end and are updated if expectations

differ from previous estimates due to physical wear and

tear, technical or commercial obsolescence and legal or

other limitations on the use of the assets. It is possible,

however, that future results of operations could be

materially affected by changes in the estimates brought

about by changes in the factors mentioned above.





Estimating useful lives of property and equipment and

intangible assets

50






4.


- -

The amounts and timing of recorded expenses for any

period are affected by changes in these factors and

circumstances. A reduction in the estimates useful lives of

property and equipment increases the recorded operating

expenses and decreases non-current assets. An extension

in the estimated useful lives of The Company property and

equipment decreases the recorded operating expenses and

increases non-current assets.

Jumlah dan saat beban dicatat setiap periode akan

terpengaruh oleh perubahan atas faktor-faktor dan kondisi

tersebut. Pengurangan dalam estimasi masa manfaat dari

aset tetap Perseroan akan meningkatkan beban usaha dan

menurunkan aset tidak lancar yang tercatat. Penambahan

dalam estimasi masa manfaat aset tetap Perseroan

menurunkan beban usaha dan meningkatkan aset tidak

lancar yang tercatat.

Provisi secara kolektif diakui berdasarkan pengalaman

kerugian historis dengan menggunakan faktor yang

bervariasi seperti kinerja historis dari debitur dalam

Perseroan kolektif, dan pertimbangan atas penurunan

kinerja pasar di mana debitur beroperasi dan kelemahan

struktural yang diidentifikasi atau penurunan kinerja arus

kas dari debitur.

Any collective provision recognized is based on historical

loss experience using various factors such as historical

performance of the debtors within the collective The

Company and judgements on the effect of deterioration in

the markets in which the debtors operate and identified

structural weaknesses or deterioration in the cash flows of

debtors.





Tingkat provisi yang spesifik dievaluasi oleh manajemen

dengan dasar faktor-faktor yang mempengaruhi tingkat

tertagihnya piutang tersebut. Dalam kasus ini, Perseroan

menggunakan pertimbangan berdasarkan fakta dan

kondisi terbaik yang tersedia meliputi dan tidak terbatas

pada jangka waktu dan hubungan Perseroan dengan

pelanggan dan status kredit pelanggan berdasarkan

laporan dari pihak ketiga dan faktor-faktor pasar yang telah

diketahui, untuk mencatat pencadangan spesifik untuk

pelanggan terhadap jumlah jatuh tempo untuk mengurangi

piutang Perseroan menjadi jumlah yang diharapkan

tertagih.

The level of a specific provision is evaluated by

management on the basis of factors that affect the

collectability of the accounts. In these cases, The Company

uses judgement based on the best available facts and

circumstances, including but not limited to, the length of

The Company relationship with the customer and

customer's credit status based on third-party credit reports

and known market factors, to record specific reserves for

customers against amounts due in order to reduce The

Company receivables to amounts that it expects to collect.

Pencadangan secara spesifik ini dievaluasi kembali dan

disesuaikan jika terdapat informasi tambahan yang

diterima yang mempengaruhi jumlah yang diestimasikan.

Selain provisi khusus terhadap piutang yang signifikan

secara individual, Perseroan juga mengakui provisi

penurunan nilai secara kolektif terhadap risiko kredit

debitur yang dikelompokkan berdasarkan karakteristik

kredit yang sama, dan meskipun tidak secara spesifik

diidentifikasi membutuhkan provisi khusus, memiliki risiko

gagal bayar lebih tinggi daripada ketika piutang pada

awalnya diberikan kepada debitur.

These specific reserves are reevaluated and adjusted as

additional information received affects the amounts

estimated. In addition to specific provision against

individually significant receivables, The Company also

recognizes a collective impairment provision against credit

exposure of its debtors which are The Companyed based

on common credit characteristics, and although not

specifically identified as requiring a specific provision, have

a greater risk of default than when the receivables were

originally granted to the debtors

51






4.


- -

- -

Kebijakan pengakuan pendapatan dan beban konstruksi

Perseroan mensyaratkan penggunaan estimasi yang dapat

mempengaruhi jumlah yang dilaporkan dari pendapatan

dan beban pokok pendapatan. Perseroan mengakui

pendapatan kontrak dan biaya kontrak yang berhubungan

dengan kontrak konstruksi berdasarkan tahap

penyelesaian aktivitas kontrak pada tanggal akhir periode

pelaporan (metode persentase penyelesaian).

The policy of revenue and expense recognition of

construction contract of The Company requires use of

estimates which may impact the reported amount of

revenues and cost of revenues. The Company recognises

revenues and expenses related to construction contracts

based on the completion stage of contract activities at end

of reporting period (percentage of completion method).

Revenue and expense recognition of construction contract

Estimasi biaya imbalan pascakerja dan biaya imbalan kerja

jangka panjang lain-lain

The cost of The Company post-employment and other long-

term employee benefits and the present value of those

obligations are determined using actuarial valuations. An

actuarial valuation involves making various assumptions

that may differ from actual developments in the future.

These include the determination of the discount rate,

ultimate cost trend rate, next year trend rate, period to

reach ultimate cost trend rate, salary growth rate and

mortality rates. Due to the complexities involved in the

valuation and their longterm nature, the obligations are

highly sensitive to changes in these assumptions. All

assumptions are reviewed at each reporting date.

Biaya biaya imbalan pascakerja dan biaya imbalan kerja

jangka panjang lain-lain dan nilai kini dari kewajiban

ditentukan dengan menggunakan penilaian aktuarial.

Penilaian aktuarial termasuk membuat variasi asumsi yang

dapat berbeda dari pengembangan aktual di masa depan.

Hal ini meliputi penentuan tingkat diskonto, tingkat tren

biaya maksimum, tingkat tren tahun depan, periode untuk

mencapai tingkat tren biaya maksimum, tingkat kenaikan

gaji dan tingkat mortalitas. Dikarenakan kompleksitas dari

penilaian dan karakteristik jangka panjangnya, kewajiban

sangat sensitif terhadap perubahan asumsi tersebut.

Semua asumsi ditelaah pada setiap tanggal pelaporan.

Parameter yang paling cenderung berubah adalah tingkat

diskonto dan tingkat kenaikan gaji. Dalam menentukan

tingkat diskonto yang tepat, manajemen

mempertimbangkan tingkat pengembalian pasar (pada

akhir masa pelaporan) terhadap obligasi pemerintah dan

diekstrapolasi sebesar kurva pengembalian untuk

mengaitkan dengan kondisi yang diharapkan atas

kewajiban imbalan pasti. Tingkat kenaikan gaji didasarkan

pada inflasi yang diharapkan di masa depan, produktivitas

dan kemajuan normal karyawan dalam suatu kelompok

tertentu dan promosi.

The parameter most subject to change are the discount

rate and salary growth rate. In determining the appropriate

discount rate, management considers the market yields (at

the end of the reporting year) on government bonds and

extrapolated as needed along the yield curve to correspond

with the expected term of the obligation. Salary growth rate

is based on expected future inflation, productivity and

normal progress of employees within a given The Company

and promotions.

Rincian lebih lanjut mengenai asumsi yang digunakan,

termasuk analisis sensitivitas, disajikan pada Catatan 32.

Further details about the assumptions used, including a

sensitivity analysis, are presented in Note 32.

Estimation of post-employment benefits cost and other long-

term employee benefits cost

Pengakuan pendapatan Dan beban konstruksi





52






4.


- -


Perseroan mencatat bunga dan denda atas pajak

penghasilan kurang bayar, jika ada, pada Beban Pajak

Penghasilan - Kini di dalam laporan laba rugi.

The Company presents interest and penalties for the

underpayment of income tax, if any, in Income Tax

Expense - Current in profit or loss

Ketidakpastian kewajiban perpajakan Uncertain tax exposure

Perseroan melaksanakan proyek yang lamanya lebih dari

satu periode akuntansi dan dicatat sebagai kontrak

konstruksi. Kebijakan akuntansi Perseroan untuk proyek

membutuhkan pendapatan dan biaya yang akan

dialokasikan pada periode akuntansi dan pengakuan

berikutnya pada akhir periode atas aset atau liabilitas

kontrak untuk proyek yang masih dalam proses.

Penerapan kebijakan ini mengharuskan manajemen untuk

menerapkan pertimbangan dalam memperkirakan total

pendapatan dan total biaya yang diharapkan pada setiap

proyek. Estimasi tersebut direvisi ketika proyek

berlangsung untuk mencerminkan status proyek dan

informasi terbaru yang tersedia untuk manajemen,

perubahan estimasi tersebut diterapkan secara prospektif.

Manajemen proyek melakukan tinjauan rutin untuk

memastikan perkiraan terbaru yang sesuai. Perubahan

atas estimasi akan dicatat prospektif. Walaupun Perseroan

berkeyakinan bahwa estimasi yang dibuat adalah wajar

dan sesuai, perbedaan signifikan pada tahap penyelesaian

aktual dapat mempengaruhi secara material pendapatan

dan beban pokok pendapatan dari konstruksi.

The Company undertakes projects that frequently span

more than one accounting period and are accounted for as

construction contracts. The Company’s accounting policies

for these projects require revenue and costs to be allocated

to individual accounting periods and the consequent

recognition at period end of contract assets or liabilities for

projects is still in progress. The application of these policies

requires management to apply judgement in estimating the

total revenue and total costs expected on each project.

Such estimates are revised as a project progresses to

reflect the current status of the project and the latest

information available to management. Project management

teams perform regular reviews to ensure the latest

estimates are appropriate, the changes in estimation is

applied prospectively. Change to estimates is accounted for

prospectively. While The Company believes that their

estimates are reasonable and appropriate, significant

differences to the actual completion stage may materially

affect the revenues of construction contracts.

Dalam situasi tertentu, Perseroan tidak dapat menentukan

secara pasti jumlah utang pajak atau jumlah klaim restitusi

pajak yang dapat terpulihkan pada saat ini atau masa

depan karena proses pemeriksaan yang masih

berlangsung atau negosiasi dengan otoritas perpajakan.

Ketidakpastian timbul terkait dengan interpretasi dari

peraturan perpajakan yang kompleks dan jumlah dan

waktu dari penghasilan kena pajak di masa depan. Dalam

menentukan jumlah yang harus diakui terkait dengan utang

pajak yang tidak pasti atau klaim restitusi pajak yang dapat

terpulihkan terkait dengan ketidakpastian posisi

perpajakan, Perseroan menerapkan pertimbangan yang

sama yang akan digunakan dalam menentukan jumlah

provisi yang harus diakui sesuai dengan PSAK 57

Kontinjensi, dan Aset Kontijensi" Dan PSAK 46 "Pajak

Penghasilan" Perseroan membuat analisa untuk semua

ketidakpastian posisi perpajakan untuk menentukan jika

utang pajak atas manfaat pajak yang tidak pasti atau

cadangan atas klaim restitusi pajak yang tidak dapat

terpulihkan harus diakui.

In certain circumstances, The Company may not be able to

determine the exact amount of its current or future tax

liabilities or recoverable amount of the claim for tax refund

due to ongoing investigations by, or discussions with, the

taxation authority. Uncertainties exist with respect to the

interpretation of complex tax regulations and the amount

and timing of future taxable income. In determining the

amount to be recognized in respect of an uncertain tax

liability or the recoverable amount of the claim for tax

refund related to uncertain tax positions, The Company

applies similar considerations as it would use in

determining the amount of a provision to be recognized in

accordance with PSAK 57, " Provisions, Contigent

Liabilities and PSAK 46, "Income Taxes". The Company

make an analysis of all uncertain tax positions to determine

if a tax liability for uncertain tax benefit or a provision for

unrecoverable claim for tax refund should be recognized.





53






5. KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

Kas / Cash on Hand

Rupiah

Bank / Cash in Banks

Pihak Ketiga / Third Parties

Rupiah

USD

EURO

JPY

Sub Jumlah / Sub Total

PT Citi Bank

PT Bank CIMB Niaga Tbk

PT Bank DBS Indonesia

PT HSBC

PT Bank Central Asia Tbk

PT Bank DKI

PT Bank Bukopin Tbk

PT Bank Danamon Tbk

PT UOB

Indonesia Exim Bank (IEB)

PT Bank BNP Paribas Indonesia

PT Bank Of Tokyo

PT BPD Jatim Tbk

BPR Surya Artha Utama

PT Bank Mega Tbk

PT BJB Banten Tbk

PT Bank ICBC

PT Bank Permata Tbk

PT Bank BII Tbk

PT Bank OCBC NISP Tbk

PT Commonwealth

PT BPD Sumsel Babel

PT BPD Kaltim

PT Bank Bumi Putera Tbk

PT BPD Jateng

PT BPD Riau

PT Bank Mutiara Tbk


PT HSBC

PT Citi Bank

PT Bank Of Tokyo

PT Bank Danamon Tbk

PT HSBC

PT Bank Of Tokyo

30 Juni /

June 2016

3.233.013.046

57.259.429.765

15.740.580.285

14.106.934.640

13.102.734.424

11.674.344.660

10.330.608.035

10.075.542.606

3.464.063.242

651.663.780

628.471.044

411.285.285

380.667.333

265.969.853

118.709.492

106.431.061

105.935.154

31 Desember /

December 2015

3.879.574.004

-

76.331.438.350

5.001.733.261

212.238.209

12.308.811.473

17.446.856.839

12.882.622.267

748.342.855

768.670.693

2.875.472.656

-

22.172.222

13.231.255.807

117.528.387

164.495.781

29.248.822.782

31 Desember /

December 2014

5.237.903.032

-

29.984.869.731

1.961.629.819

-

6.504.319.376

12.210.386.974

31.282.851.931

1.624.416.381

16.017.585.940

1.090.841.071

-

2.277.222

190.948.518

115.195.026

285.139.246

4.774.271.913

-

5.524.018.880

53.485.732

39.513.744

-

20.268.868

-

1.470.396

20.687.785.007

27.633.704

31 Desember /

December 2013

4.134.811.784

-

16.992.756.069

5.093.715.035

-

1.771.053.667

27.485.664.487

1.899.224.890

2.218.312.495

2.621.975.890

2.910.252.264

-

2.277.222

108.872.538

109.987.962

-

122.377.498.740

-

6.627.581.472

54.015.651

37.427.613

-

75.762.826

62.068.137

1.827.396

-

5.308.806.999

6.181.378.675

11.093.926

-

-

-

2.980.472.953

52.504.261

40.697.702

14.521.882

508.502.525

2.754.334 2.754.334

752.948.416

-

-

14.635.535

1.110.021

-

5.230.682

133.175.588.467

-

7.480.167.830

2.069.237.860

-

5.105.530

-

40.651.923.784

5.669.511

231.361.738.021

79.611.182

64.611.749

52.102.052

41.207.327

14.026.185

195.792.035.544

8.615.101

8.241.178

836.396

-

-

-

5.479.057.273

1.816.344.235

1.317.981.943

3.501.926

-

-

6.312.223

147.315.819.429

412.110

-

-

21.210.809

2.672.194

-

5.904.744

5.

54






5. KAS DAN SETARA KAS (lanjutan) CASH AND CASH EQUIVALENTS (continued)

Pihak Berelasi

Rupiah

USD

EURO

SGD

Deposito Berjangka / Time Deposits


Rupiah

USD

PT Bank Permata Tbk


Pihak Berelasi / Related Parties

Rupiah

USD


Kas dan Setara Kas / Cash and Cash

Equivalents

Jumlah Deposito Berjangka / Total Time

Deposits

PT Bank Mandiri (Persero) Tbk

PT Bank Syariah Mandiri

PT Bank BTN (Persero) Tbk

PT Bank BRI (Persero) Tbk

PT Bank BNI (Persero) Tbk

PT Bank BRI Syariah






Jumlah Bank / Total Cash in Banks

PT Bank Bukopin Tbk

PT Bank CIMB Niaga Tbk


PT Bank DKI

PT BJB Banten Tbk

PT UOB

PT Bank Permata Tbk

PT Bank Central Asia Tbk

PT Bank CIMB Niaga Syariah







47.566.658.210 9.592.799.666 -

1.281.662.471.397 1.049.973.710.821 748.108.636.447

1.428.978.290.826

5.000.000.000

222.000.000.000

117.949.707.178

399.712.520.676

225.000.000.000

3.500.000.000

125.000.000.000

319.849.000.000

1.295.061.520.676

1.413.011.227.854

2.396.801.813.562

66.000.000.000 706.000.000.000 365.998.500.000

221.258.828.335 321.258.828.335 355.258.828.335

210.000.000.000 231.500.000.000 240.000.000.000

-

22.670.609.884 20.146.765.356

41.828.847.977

739.087.676.312 1.740.179.438.219 1.521.604.093.691

2.171.298.980.184 3.025.394.461.065 2.408.126.221.637

60.930.085.981 63.150.217.167

66.558.443.851

-

-

10.000.000.000

10.000.000.000

1.000.000.000

712.346.844.937 615.994.838.512 431.578.742.952

12.536.916.454 47.557.724.845

14.000.000.000

17.000.000.000

21.600.000.000

25.000.000.000

9.995.340 - -

154.454.465.406 175.492.858.123 106.115.714.716

- 20.000.000.000 -

- - 30.000.000.000

- - 10.000.000.000

- - -

- - -

21.728.847.977

1.281.335.448.842 881.284.224.914

10.000.000.000 53.000.000.000 12.000.000.000

5.100.000.000 100.000.000 24.100.000.000

168.955.823.719

21.573.072.324

-

241.640.692.248

16.600.000.000 34.600.000.000

- 20.000.000.000 100.000.000.000

5.006.610.947 179.598.760 388.806.353

30.377.605 141.660.510.231 22.083.368

-

132.370.609.884 230.846.765.356

214.050.000.000 214.500.000.000

200.000.000.000 135.000.000.000 115.000.000.000

- - -

697.258.828.335 1.607.808.828.335 1.290.757.328.335

5.

19.349.707.178

258.985.825.086

81.450.340.379

11.225.646.078

142.467.292.544 4.423.950.065 18.555.486.611

81.912.856.246 29.162.153.029 80.739.860.435

71.308.926.311

30 Juni / 31 Desember / 31 Desember / 31 Desember /

June 2016 December 2015 December 2014 December 2013

32.338.546

-

783.863.738.380

979.655.773.924

55






5. KAS DAN SETARA KAS (lanjutan) CASH AND CASH EQUIVALENTS (continued)

Rincian kas dan setara kas dalam mata uang asing :

USD

JPY

SGD

EURO

(Lihat Catatan No.3a, 3d, 3e, 3f dan 48) (See Notes No. 3a, 3d, 3e, 3f and 48)

6. INVESTASI JANGKA PENDEK SHORT TERM INVESTMENTS



PT Bank DKI


PT Bank Bukopin Tbk

PT Bank Mega

PT BPD Jatim



PT Bank BTN





5.

-

-

49.100.000.000

145.250.000.000

15.200.000.000

15.000.000.000

56.000.000.000

15.700.000.000

87.000.000.000

-

158.700.000.000

202.500.000.000

35.000.000.000

-

7.500.000.000

10.000.000.000

-

52.500.000.000

192.200.000.000

15.200.000.000

17.000.000.000

-

224.400.000.000

276.900.000.000

Deposito pada PT BPD Jatim merupakan deposito di entitas anak yang

dijadikan sebagai agunan atas pelaksanaan proyek RSUD dr. Soetomo.

Deposito pada PT Bank Bukopin Tbk dijadikan sebagai agunan atas

pinjaman yang diterima dari PT Bank Bukopin Tbk.

Deposito pada PT Bank Mandiri (Persero) Tbk dijadikan sebagai agunan

atas pinjaman yang diterima dari PT Bank Mandiri (Persero) Tbk.

Deposito pada PT Bank Rakyat Indonesia (Persero) Tbk dijadikan

sebagai agunan atas pinjaman yang diterima dari PT Bank Rakyat

Indonesia (Persero) Tbk.

2,5% - 9,75%

Nisbah 68-89%

15.070.502

49.505

983.757

12.097.967

7-30 hari/days

1,00% - 9,00%

Nisbah 68-89%

14.401.124

49.195

4.868.363

2.073

7-30 hari/days

4,25% - 8,25%

Nisbah 68-75%

Jangka Waktu Deposito Berjangka Rupiah /

Rupiah Time Deposits Period

Tingkat Bunga Deposito Berjangka per Tahun

Rupiah / Annual Interest Rate of Rupiah Time

Deposits

Bagi hasil (Nisbah Syariah) / Profit Sharing

(Syariah)

30 Juni / 31 Desember / 31 Desember /

6.

3.500.000.000

178.950.000.000

228.050.000.000 Jumlah Deposito Berjangka / Total Time

Deposits

31 Desember /


228.050.000.000

228.050.000.000

276.900.000.000

276.900.000.000

202.500.000.000

202.500.000.000

176.080.053.397

176.080.053.397


Jumlah Investasi Jangka Pendek / Total Short

Term Investment

28.554.005.100

-

7.500.000.000

30.000.000.000

11.600.000.000

7.500.000.000

72.000.000.000

15.200.000.000

50.626.048.297

-

137.826.048.297

176.080.053.397

36.300.000.000

-

7.500.000.000

-

-

43.800.000.000

Deposito pada PT Bank DKI dijadikan sebagai agunan atas pinjaman

yang diterima dari PT Bank DKI.

Time deposits PT Bank Rakyat Indonesia (Persero) Tbk are pledged as collateral to

loan from PT Bank Rakyat Indonesia (Persero) Tbk.

-

2.200.000.000

38.254.005.100

Time deposits PT Bank DKI were guaranteed for the loan obtained from PT Bank

DKI.

2,5% - 10,15%

Nisbah 68-89%

10.242.764

50.174

-

1.459



47.654.746

50.903

-

1.923

7-30 hari/days7-30 hari/days

Time deposits PT Bank Bukopin Tbk are pledge as collateral to loan from PT Bank

Bukopin Tbk.

Time deposits PT BPD Jatim owned by subsidiaries, are pledged as collateral to its

project, RSUD dr. Soetomo.

The following is the breakdown of cash and cash equivalents in foreign currencies:

Time Deposits in PT Bank Mandiri (Persero) Tbk are pledged as collateral to loan

from PT Bank Mandiri (Persero), Tbk.

56






6. INVESTASI JANGKA PENDEK (lanjutan) SHORT TERM INVESTMENTS (continued)

1 - 2 Bulan / Month

(Lihat Catatan No.3l dan 48) (See Notes No. 3l and 48)

7. PIUTANG USAHA TRADE RECEIVABLES

a. Berdasarkan Pelanggan / Based on Costumers: a.


Dikurangi / Less:




6.

4,25% - 9,75%

1 - 2 Bulan / Month

Time deposits PT Bank BTN (Persero) Tbk owned by subsidiaries, are pledged

as collateral to its project, Paramount Skyline.

31 Desember /

286.159.075.580

115.970.915.509

402.129.991.089

2.300.164.054.542

395.097.291.555

104.644.757.481

499.742.049.036

2.927.370.223.940

395.216.795.280

126.788.637.419

522.005.432.699

4.073.791.789.012

2.169.980.854.711

419.631.788.449

(161.984.468.256)

2.427.628.174.904

3.210.669.472.361

462.751.471.502

(121.634.587.550)

3.551.786.356.313



1 - 2 Bulan / Month

4,25% - 7,75%

1 - 2 Bulan / Month

4,25% - 9,25%

Piutang Usaha Ventura Bersama / Trade

receivables of Joint Venture

Penurunan Nilai Wajar Piutang /

Impairment of Receivable

Piutang Usaha Jasa Konstruksi, Properti,

Realti & Entitas Anak / Construction,

Property & Real Estate Trade

Receivables & Subsidiary



Jumlah Piutang Usaha - Bersih / Total

Trade Receivables - Net

Jangka Waktu Deposito Berjangka Rupiah /

Rupiah Time Deposits Period

Tingkat Bunga Deposito Berjangka per Tahun

Rupiah / Annual Interest Rate of Rupiah Time

Deposits


704.389.072.003 1.244.410.020.010

688.696.250.649

(157.018.558.147)

1.236.066.764.505

336.584.282.145

137.366.642.533

473.950.924.678

1.710.017.689.183

783.203.295.955


(129.579.252.512)

1.898.034.063.453

Represent balance of trade receivables as of 30 June 2016 and 31 December 2015

and 31 December 2014 and 2013 consist of :

7.

Seluruh investasi jangka pendek berupa deposito berjangka adalah

dalam mata uang rupiah, dengan jangka waktu, tingkat suku bunga dan

bagi hasil sebagai berikut :

Merupakan saldo piutang usaha per 30 Juni 2016 dan 31 Desember

2015, serta 31 Desember 2014 dan 2013 dengan perincian sebagai

berikut:

5,25% - 10,15%

Piutang Usaha Jasa Konstruksi, Properti,

Realti & Entitas Anak / Construction,

Property & Real Estate Trade

Receivables & Subsidiary

All short term investments in the form of time deposits are in Rupiah, with term,

interest rate and profit sharing as follows:

Deposito pada PT Bank BTN (Persero) Tbk merupakan deposito di

entitas anak yang dijadikan sebagai agunan atas pelaksanaan proyek

Paramount Skyline.

57






7. PIUTANG USAHA (lanjutan) TRADE RECEIVABLES (continued)

b. Berdasarkan Jenis Usaha: b. Based on Type of Business:


Dikurangi / Less:

Rupiah / Rupiah

Mata Uang Asing / Foreign Currencies


Dikurangi / Less:

> 1 bulan - 12 bulan / 1 month - 12 months

- Belum Jatuh Tempo / not due

- Sudah Jatuh Tempo / due

> 12 s/d 15 bulan / 12 months - 15 months




> 18 s/d 21 bulan /18 months - 21 months


7.

Dipindahkan / Carried Forward 3.599.747.877.969 2.547.241.477.309 1.340.317.841.066 825.967.238.280

Penurunan Nilai Wajar Piutang / Impairment

of Receivable

Jumlah Piutang Usaha - Bersih / Total Trade

Receivables - Net

6.798.801.112 44.768.000.578 24.164.432.758 34.784.026.391

2.633.863.038 24.564.194.747 10.178.553.811 14.173.948.307

917.283.902.147 311.044.230.295

32.799.678.894 202.418.537.671 386.420.836.488 438.017.904.955

178.002.081.681 119.072.534.039 2.270.115.862 27.947.128.332

Total trade receivables based on aging (exclusive of trade receivables from Joint

Venture):

Jumlah piutang usaha berdasarkan umur (tidak termasuk piutang usaha

Ventura Bersama) adalah sebagai berikut:

(121.634.587.550) (161.984.468.256) (129.579.252.512) (157.018.558.147)

4.073.791.789.012 2.927.370.223.940 2.300.164.054.542 1.710.017.689.183



3.379.513.453.244 2.156.418.210.274

18.129.710.172 25.481.830.381 11.210.196.310 -

3.605.886.267.641 2.565.078.146.266 1.530.569.095.590 1.040.973.354.148

8.175.355.839 25.105.347.484 167.923.252.228 36.617.755.850

4.195.426.376.562 3.089.354.692.196 2.429.743.307.054 1.867.036.247.330



4.170.321.029.078 3.081.179.336.357 2.393.125.551.204 1.699.112.995.102

Total trade receivables based on type of currencies:Jumlah piutang usaha berdasarkan jenis mata uang adalah sebagai

berikut :

(121.634.587.550) (161.984.468.256) (129.579.252.512) (157.018.558.147)

589.540.108.921 524.276.545.930 899.174.211.464 826.062.893.182

4.073.791.789.012 2.927.370.223.940 2.300.164.054.542 1.710.017.689.183



778.217.616.508 1.007.427.848.825 1.151.238.791.748 1.245.075.677.964

248.881.554.567 236.079.988.591 184.196.587.122

The entire impairment of receivables are from construction business. Seluruh penurunan nilai wajar piutang berasal dari piutang usaha jasa

konstruksi.

192.682.319.860

2.078.819.450.123 1.136.407.179.877 327.734.463.333 70.073.417.780

14.979.874.815 15.870.355.669 - -

Piutang Usaha Jasa Konstruksi /

Construction Trade Receivables

Piutang Usaha Jasa EPC / Trade

Receivables of EPCPiutang Usaha Properti & Realti / Property &

Real Estate Trade Receivables

Piutang Usaha Pracetak / Precast Trade

Receivables

Piutang Usaha Peralatan / Equipment

Receivables

Penurunan Nilai Wajar Piutang /

Impairment of Receivable



Jumlah Piutang Usaha - Bersih / Total

Trade Receivables - Net

58











> 27 s/d 30 bulan /27 months - 30 months







Dikurangi / Less:

7.



Pindahan / Brought Forward 3.599.747.877.969 2.547.241.477.309 1.340.317.841.066 825.967.238.280

3.605.886.267.641 2.565.078.146.266 1.530.569.095.590 1.040.973.354.148

(121.634.587.550)

161.984.468.256 129.579.252.512 157.018.558.147 91.730.033.558

8.008.633.145 40.442.530.511 131.184.173 68.927.107.208

121.634.587.550 161.984.468.256 129.579.252.512 157.018.558.147

December 2014 December 2013

- - 83.834.118.760 259.430.590

- - - 21.503.934.210

- - 95.621.498.079 98.016.568.946

- -

6.138.389.672 17.836.668.957 - 10.192.895.396

Penurunan Nilai Wajar tahun berjalan /

Impairment for current year

Penghapusan tahun berjalan / Write Off for the

current year

Pemulihan tahun berjalan / Recovery for the

current year

Saldo Akhir Periode / Balance at end of

period

(161.984.468.256) (129.579.252.512) (157.018.558.147)

Manajemen berkeyakinan bahwa penurunan nilai wajar piutang cukup

untuk menutup kemungkinan tidak tertagihnya piutang usaha di

kemudian hari.

31 Desember /

December 2014

PT Bendi Oetomo Raya

PT Mitra Safir Sejahtera

PT Bendi Oetomo Raya

PT Mitra Safir Sejahtera

6.032.844.241

20.874.266.053

26.907.110.294

The management believes that allowance for impairment of receivable is adequate

to cover possible loss from uncollectible receivables in the future.

- - (26.907.110.294) -

(48.358.513.851)

Mutasi Penurunan Nilai Wajar Piutang Usaha adalah sebagai berikut:

In 2014 the Company has written-off uncollectible receivables amounting to

IDR26,907,110,294 based on the approval of the Board of Commissioners in their

letter No.078/KOM/PP/2014 dated 30 December 2014, in the following breakdown:

(8.037.314.767) (663.379.514) (3.638.582.619)

Jumlah Piutang Usaha - Bersih / Total Trade

Receivables - Net


June 2016 December 2015

10.795.637.685 85.033.286.726

3.484.251.680.091 2.403.093.678.010 1.400.989.843.078 883.954.796.001


of Receivable

Saldo awal periode / Balance at beginning of

period

Perseroan pada tahun 2014 telah menghapusbukukan piutang tak

tertagih sebesar Rp26.907.110.294,- berdasarkan persetujuan Dewan

Komisaris melalui Surat Nomer 078/KOM/PP/2014 tanggal 30 Desember

2014, dengan rincian sebagai berikut:

Movements in impairment of account receivable

59







Rincian Piutang Usaha berdasarkan pelanggan : Breakdown of trade receivables based on consumers:


7.

Dipindahkan / Carried Forward 852.089.003.106 598.011.371.520 367.263.705.648 250.491.656.721

11.377.767.179 6.514.486.557

PT Bumi Daya Makmur 11.423.727.665 9.413.260.282 12.110.905.063 14.914.822.671

PT Duta Senawijaya Mandiri 11.392.048.932 16.179.414.150 - -

Dep Perhubungan, Dirjen Perhubungan Udara,

Unit Penyelengara Bandar Udara Radin Inten II

Lampung

10.756.675.636 - - -

PT Grage Trimitra Usaha 10.310.297.790 26.808.096.868 28.819.942.122 2.394.450.000

PT Graha Sarana Duta 8.715.371.805 18.397.253.658 - 2.536.589.550

PT Nusantara Prospekindo Sukses 8.628.092.661 17.214.336.876 2.096.493.520 -

PT Sejahtera Alam Energy 8.399.423.835 - - -

PT Graha Multi Insani 8.070.761.734 7.439.730.527 9.580.928.704 -

PT Tritunggal Lestari Makmur 8.030.436.150 10.562.929.197 10.562.929.197 4.736.063.649

PT Trimitra Propertindo 8.009.372.194 6.619.617.940 - -

5.968.362.000 -

PT Prima Bintaro Royale 17.714.157.253 3.996.348.796 - -

PT Mandiri Cipta Gemilang 15.479.163.712 15.581.002.939 19.962.350.448 83.391.179.514

PT Vidi Mandiri 14.810.033.281 14.810.033.281 1.515.518.019 -

PT Cahaya Sumber Raya 14.345.038.001 15.420.038.001 15.920.038.001 14.102.291.280

PT Menara Perkasa Margahayuland 14.229.230.228 44.212.149.031 26.264.450.276 7.730.987.166

PT Tosan Permai Lestari 13.578.009.198 13.828.467.608 11.738.530.550 7.890.949.168

PT Graha Senggigi 13.336.407.001 5.258.696.093 - -

PT Freeport Indonesia 12.933.687.339 14.746.614.465 24.189.276.540 5.264.143.500

PT Sinar Galesong Pratama-PT Ciputra Victory

Mitra.JO

11.936.486.534 - 1.875.284.521 -

PT Multi Karya Utama Abadi 11.739.822.245 8.475.031.782 - -

PT Panghegar Putra Wijaya 11.626.351.306 11.626.351.306

PT Duta Anggada Realty Tbk

PT Cahaya Baru Raya Realty

Universitas Padjajaran

PT Samator Land

-

-

3.620.256.000

-

12.337.020.886

-

-

19.630.880.013

19.559.823.785

1.619.376.838

9.501.529.312

12.067.016.400

-

24.317.050.818

-

-

19.630.880.013

19.559.823.785

-

17.136.486.249

16.407.272.727

-

40.369.440.283

26.015.491.778

21.839.912.920

35.720.168.697

6.634.878.073

26.229.148.349

-

13.004.099.440

11.523.980.000

43.080.117.304

21.163.973.673

8.970.147.309

19.630.880.013

19.559.823.785

PT GE Operation Indonesia

PT Tribuana Jaya Raya

PT Misi Mulia Petronusa

-

-

16.407.272.727

-

13.133.494.751


-

-

-

-

-

-

9.147.544.285

36.720.168.697

-

53.124.699.824

53.064.864.851

43.783.606.266

43.280.191.198

39.019.370.103

37.438.244.245

35.841.617.590

34.720.168.697

32.909.920.736

-

26.597.043.440

36.720.168.697

5.727.272.727

PT Satria Pusaka Permata Perkasa 19.419.782.021 10.136.178.120

PT Citicon Propertindo

PT Pancakarya Griyatama

PT Radinka Quatro Land

PT Trans Ritel Properti

PT Asiana Lintas Ciptakemang

PT Abadi Gowa Perkasa

31.368.324.201

30.879.970.264

24.156.293.064

23.295.712.500

22.224.998.589

22.164.630.900


June 2016

20.741.309.759

19.630.880.013

19.559.823.785

December 2015

PT Kalla Inti Karsa

PT Galuh Citarum

PT Kuala Jaya Realty

Kementerian Infrastruktur Timor Leste

PT Kitita Alami Propetindo

60







343.730.416.391

7.


527.993.085.079

PT Illia Persada 3.136.626.723 2.748.477.736 - -

PT Teras Nirwana Bali 3.818.887.771 3.818.887.771 3.818.887.771 3.818.887.771

PT Merpati Abadi Sejahtera 4.383.074.239 1.385.821.074 -

Universitas Syarifhidayatullah Jakarta 3.059.100.000 3.059.100.000 - -

PT Danau Winata Indah 3.043.668.280 10.923.095.000 4.753.879.000 -

PT Siloam Karya Sejahtera 2.921.956.645 2.921.956.645 2.921.956.645 1.435.588.461

PT Baradinamika Mudasukses 2.909.836.112 - - -

2.687.130.670 3.010.659.538 4.210.659.538 1.286.320.375

PT Mahardika Agung Lestari 2.525.531.399 2.057.071.745 - -

PT Pandega Citraniaga

Dipindahkan / Carried Forward 1.044.634.529.376 817.092.996.679

-

PT Tiran Makasar 3.677.057.772 3.677.057.772 - -

PT Paramount Propertindo 3.608.805.137 3.608.805.137 2.535.149.986 7.438.766.639

3.592.798.251 5.645.638.784 6.987.159.215 -

PT Warna Warni Investama 3.518.099.184 - - -

PT Energia Prima Nusantara 3.500.787.680 - - -

PT Artas Energi Petrogas

27.630.499.467

PT Bimasakti Jaya Abadi 4.372.294.040

PT Duta Indah Iconic

3.180.815.107 3.180.815.107 - -

6.651.360.171 6.651.360.171 4.161.659.269 -

PT Hotel Nirwana 6.571.500.000 - - -

PT Megatama Putra 6.349.783.327 7.323.552.647

PT Grand Shayla Indonesia 3.164.419.103 3.164.419.103 4.651.525.520 3.329.114.007

Gala Megah Investment JO 3.300.495.581 3.300.495.581 3.300.495.581 5.879.698.356

PT Bumi Anugrah Sakti 3.252.606.684 3.252.606.684 2.834.128.172 8.764.393.492

PT Kebayoran Puspita

5.236.708.964 5.236.708.964 11.396.286.073 -

PT Prasetya Agung Cipta Abadi 5.101.393.318 12.801.039.765 33.527.337.795 9.360.681.000

2.270.115.861 5.489.058.463

PT Cahaya Bandung Jaya 4.360.745.637 16.478.032.318 - -

PT Mutiara Mitra Sejahtera 4.117.545.308 5.157.166.597 7.529.243.602 2.283.098.846

PT Bintan Cipta Cemerlang 3.952.630.499 1.841.858.138 - -

PT Mitra Wijaya Wisesa 3.923.725.465 3.703.350.803 -

PT Aruna Kirana 3.356.749.974 3.356.749.974 5.519.588.497 10.409.123.375

PT Hotel Properti Internasional

3.489.944.989

PT Pahala Agung 7.505.683.854 11.765.740.800 - -

Dinas PU Kabupaten Bulungan 7.478.608.663 28.336.394.897 12.779.496.746 -

PT Patra Berkah Itqoni


Pindahan / Brought Forward 852.089.003.106 598.011.371.520 367.263.705.648 250.491.656.721

-

PT Korea World Trade Centre 6.113.529.418 6.113.529.418 6.113.529.418 6.113.529.418

PT Win Win Realty Centre 6.081.258.988 - 7.382.424.060 -

6.066.641.495 14.767.814.851 20.271.824.100 -

PT Prioritas Land Indonesia 5.894.284.575 5.573.033.902 - -

Hyundai Engineering & Construction Co., Ltd 5.735.517.060 3.516.203.774 3.442.334.362 -

PT Bumi Megah Graha Asri 5.656.120.280 - - -

PT Naribatama Abete 5.329.503.326 6.564.586.441 3.835.092.875 -

PT Sutera Agung Properti

KSO Merdeka Media The Company & Ronov

Indonesia

6.486.605.345

4.761.012.307 4.537.228.024 - -

3.235.205.009 16.112.421.009 - -

Kementrian PU dan Perumahan Rakyat,

Sumatera Utara

7.597.192.178 - - -

Dinas Kesehatan Provinsi Pekanbaru 7.814.836.076 - - -

61






7. PIUTANG USAHA (lanjutan) TRADE RECEIVABLES (continued)7.



Pindahan / Brought Forward 1.044.634.529.376 817.092.996.679 527.993.085.079 343.730.416.391

Bank Sumsel Babel - - 11.046.049.451 4.792.000.000

PT Graha Masindo Pratama - - 10.893.300.000 -

Dipindahkan / Carried Forward 1.082.236.043.123 911.369.280.465 817.662.349.078 501.373.320.451

PT Duta Bhakti - 1.208.273.747 3.066.741.253 5.604.208.523

PT Sun Property Abadi - 1.073.703.536 - -

PT Prasto Propertindo - 1.021.146.942 - -

KSO PP - HASTA - - 80.837.301.853 80.837.301.853

IAIN Sunan Ampel Surabaya - - 40.406.334.375 -

PT Muara Wisesa Samudra - - 15.258.450.436 1.403.119.305

PT Fajar Phinisi Seaside - - 13.083.602.004 4.877.573.099

PT Dialog Grage Cirebon - 3.607.528.804 3.739.631.514 -

PT Bukit Nusa Harapan - 2.336.297.108 1.177.602.228 -

PT Supreme Energy Muara Labuh - 1.945.829.383 1.846.097.942 2.316.938.604

PT Oceania Development - 1.944.110.425 1.944.110.425 1.944.110.425

PT Multi Kreasi Cipta Sarana - 1.829.423.873 - 1.396.983.258

KG-NRC CONSORSIUM - 1.321.623.779 - -

Dinas PU Babel - 1.213.818.564 1.213.818.564 3.336.092.413

PT Bintang Smelter Indonesia - 5.739.963.771 9.051.238.731 -

PT Adhiloka Shobat Sewita - 5.052.770.580 - -

PT Adaro Persada Mandiri 1.259.450.000 1.259.450.000 1.259.450.000 -

PT Semen Bosowa Maros 1.155.980.465 1.655.980.465 38.904.902.296 4.806.028.614

PT Lintas Insana Wisesa - 3.949.448.700 4.949.448.700 -

PT Putra Adi Prima - 3.717.551.926 3.379.592.660 2.003.014.800

Dinas PU DKI Jakarta 1.125.329.593 - - -

PT Asiatic Universal Indonesia 1.095.609.954 4.062.535.039 - -

PT Asia Tritunggal Jaya - 6.685.930.029 - -

Ny. Yeni Wijaya 1.427.509.286 1.588.234.251 - 2.885.398.750

PT Duta Wahana Kerawang 1.300.000.000 1.036.750.000 1.139.802.512 -

PT Adaro Indonesia 1.279.864.734 1.279.864.734 1.279.864.734 -

PT Greenland Garden Realty - 6.501.282.851 - -

PT Puri Pariwara 1.509.616.499

1.909.182.165 1.909.182.165 - -

PT Sun Resort 1.905.183.636 - - -

PT Sekar Atha Sentosa 1.897.324.630 4.031.671.110

-

PT Kurnadi Abadi 1.896.431.568 - - -

PT Pakuwon Jati Tbk 1.851.800.182 2.425.032.177 27.120.362.161 21.869.980.797

PT Marindo Surya 1.837.500.000 1.837.500.000 1.907.666.000 -

Dinas Bina Marga & Pengairan Pemkot

Samarinda

1.836.911.680 9.350.953.388 -

7.683.982.220 11.939.046.536

-

- -

PT Graha Utama Development 1.780.949.119 3.677.470.940 - -

PT Citra Raya Medika 1.553.471.268 1.553.471.268 1.348.806.857 -

PT Anugrah Duta Mandiri

PT Sari Indah Lestari 2.453.621.296 2.453.621.296 2.453.621.296 2.953.621.296

Kementerian Kesehatan RI 2.335.638.664 - - -

PT Graha Kencana Abadi 2.276.976.229 3.092.700.156 - -

PT Karya Graha Nusantara 1.997.730.458 1.997.730.458 2.762.053.466 2.762.053.466

PT Lapindo Brantas Inc 1.915.432.321 1.915.432.321 1.915.432.321 1.915.432.321

62







1.209.331.166

Piutang Properti dan Realti / Receivable-Property

and Realty

2.043.524.062.894 1.168.202.965.616 301.562.188.906 40.678.441.393

Piutang Pasar / Receivable-Market 31.004.734.610 30.818.088.913 22.943.025.724 26.396.092.753

PT Trakindo Utama - - - 1.036.864.840

Piutang - Peralatan / Receivable-Equipment 18.129.710.172 25.481.830.381 11.210.196.310 -

Piutang - Pracetak / Receivable-Precast 14.979.874.815 15.870.355.669 - -

Lain-lain di bawah Rp 1 Milyar / Other of less

than 1 Billions

16.504.394.128 13.855.597.876 15.997.302.350 10.839.861.052

Sub Jumlah / Sub Total 3.210.669.472.361 2.169.980.854.711 1.244.410.020.010 704.389.072.003

Piutang - GSN / Receivable-GSN 4.290.652.619 4.382.735.791 3.229.248.703 2.998.883.634

Yayasan Widya Mandala - - - 4.203.111.943

Pemkot Depok Dinas Tata Ruang & Pemukiman - - - 4.181.418.196

PT Sinar Celebes Jaya - - - 3.493.450.481

LAN Pusat Pendidikan - - - 3.078.596.610

Univ. Muhammadiyah Prof. DR. Hamka - - - 3.015.844.696

Saraswati Indoland Development - - - 2.265.375.916

PT Kunci Utama Sukses - - - 1.997.663.586

PT Bakrie Swasakti Utama - - - 1.944.768.641

PT United Tractors Tbk - - - 1.943.650.000

JO Ciputra Karya Panca Sakti Nugraha - - - 1.560.387.723

PT Kapuk Naga Indah - - - 1.353.436.363

PT Bintang Langit - - -

PT Isa Development - - 1.704.993.509 -

- - 6.032.844.241

UIN Sunan Gunung Jati - - - 6.022.912.045

PT Asfi Ilhami Rayhan - - 1.491.108.422 -

PT Mitra Safir Sejahtera - - - 20.874.266.053

Dinas PU Provinsi Riau - - - 11.001.419.137

PT Donggi Senoro LNG - - - 10.183.641.064

PT Bendi Oetomo Raya -

PT Phinisi Perintis Makassar - - 2.161.797.669 -

PT Akur Pratama - - 2.033.991.447 -

Yayasan RS Al Irsyad - - 1.932.402.452 2.232.402.452

Universitas Pelita Bangsa - - 1.757.087.179 -

PT Waska Sentana - - 5.391.683.099 -

PT Satria Alam Mandiri - - 4.321.620.036 5.776.136.675

PT Almaron Perkasa - - 3.360.139.990 13.982.455.810

PT Metropolitan Land Tbk - - 2.904.034.700 9.498.508.136

PT Aneka Bina Lestari - - 2.786.571.041 2.986.571.041

PT Graha Satu Tiga Tujuh - - 2.635.457.999 -

PT Graha Yasa Selaras - - 10.167.759.476 2.227.415.905

PT Tanrise Indonesia - - 9.317.984.048 -

PT Mentari Subur Abadi - - 7.166.800.000 -

PT Pakuwon Permai - - 6.492.239.674 -

PT Pelabuhan Penajam Banua Taka - - 6.180.038.198 -

7.




63







Piutang Usaha - GSN / Trade receivable - GSN, consist of:


1.819.352.110 1.903.152.110 2.988.949.104

KSO Merapi SABO DAM Pkt.2 1.841.502.706 1.841.502.706 1.841.502.706 4.002.490.916

KSO Bangkalan - Socah 1.803.224.051 1.803.224.051 1.503.224.051 1.378.246.301

KSO Ged Kesenian Balikpapan 1.742.870.643 - - -

KSO Revitalisasi Pasar Medan 1.567.010.595 1.567.010.595 2.552.686.649 4.444.791.110

KSO Islamic Center Inhill 1.488.565.934 1.488.565.934 1.471.265.871 5.669.367.800

KSO Jaringan Air Bersih & Limbah Bsh 4.091.469.002 - - -

KSO LNG Tangguh 3.682.597.781 3.682.597.781 3.682.597.781 3.682.597.781

KSO Jl Tambak Mulyo Mawar 3.669.289.202 2.501.247.646 - -

KSO Jalan Sanga Sanga 2.897.840.202 2.897.840.202 3.870.235.924 4.579.885.041

KSO Tol Balikpapan Samarinda 2.547.913.075 - - -

KSO RSUD Waled Cirebon 1.869.352.110

KSO Fakultas Teknik UNHAS Pkt 3 4.368.907.179 4.395.055.179 3.830.779.728 2.981.569.339

KSO DAM Karebe 4.231.109.114 4.231.109.114 12.966.446.948 4.231.109.114

KSO Bendung Randangan - Pohuwato 4.181.262.187 3.497.183.190 1.251.239.503 -

KSO Cisangkuy 4.102.599.303 - - -

KSO Mediterania 6.852.997.275 6.852.997.275 6.830.198.281 5.708.930.151

KSO Jalan Bojonegoro - Padangan 6.624.633.556 6.609.369.034 6.996.044.188 5.099.344.364

KSO Sindang Heula 6.367.354.298 - - -

KSO Bandara Samarinda Baru 6.264.528.045 6.264.528.045 6.240.644.604 4.800.373.108

KSO Stadion Cibinong 5.971.263.636 5.971.263.636 6.916.494.376 5.721.262.324

KSO UNAIR 5.565.327.981 5.565.327.981 5.535.731.231 5.535.731.231

KSO Jembatan Kembar Samarinda 5.090.861.153 5.340.861.153 5.326.866.693 5.168.467.711

KSO Vaksin Bio Farma 4.855.144.687 4.855.144.687 4.855.144.687 4.855.144.687

KSO Gedung Kementerian PU 4.742.367.585 4.742.367.585 6.390.553.230

KSO Paladian Park 116.761.742.360 117.100.689.463 50.550.088.159 67.737.016.695

KSO Grand Soho 63.194.063.954 62.893.177.728 62.364.487.155 62.294.904.304

KSO Stadion Utama Riau 43.097.610.774 43.097.610.774 43.097.610.774 42.947.610.774

6.390.553.230

KSO Soker Loan China 4.604.464.800 2.428.558.470 - -

KSO Jl Kenyam-Mugi Papua 35.910.858.667 38.910.858.667 43.025.635.118 31.079.892.321

KSO PLTA Peusangan 29.006.148.276 28.831.206.317 77.665.865.285 30.436.387.121

KSO RRDP Apas Simanggaris 17.029.509.205 - 4.112.618.438 -

KSO Karebe 12.966.446.948 12.966.446.948 4.231.109.114 12.966.446.948

KSO Stadion Jember 12.525.618.089 12.525.618.089 9.088.746.523 2.712.637.346

KSO Fakultas Teknik UNHAS 10.062.918.215 10.062.918.215 10.662.918.215 10.273.890.149

Piutang Tenant Pasar Tradisional / Tenant

receivables Traditional Market

2.366.607.672 2.407.716.550 2.423.131.596 2.812.045.328

Piutang Sewa - Unit Mall / Lease receivables -

Units Mall

1.609.795.814 1.693.018.841 708.050.270 47.023.221

Piutang KSO / JO Receivable

Piutang Service Charge / Receivable - Service

Charge

314.249.133 282.000.400 98.066.836 139.815.085

Jumlah Piutang Usaha - GSN / Total Trade

Receivable - GSN

4.290.652.619 4.382.735.791 3.229.248.703 2.998.883.634

7.



KSO Holtekamp 7.991.185.395 - 6.818.879.586 -

64






7. PIUTANG USAHA (lanjutan) TRADE RECEIVABLES (continued)7.


Dipindahkan / Carried Forward


than 1 Billions

5.654.116.695 6.709.818.143 5.950.205.893 7.223.495.695

Sub Jumlah / Sub Total 462.751.471.502 419.631.788.449 783.203.295.955 688.696.250.649

Sub Jumlah Pihak Ketiga / Sub Total Third

Parties

3.673.420.943.863 2.589.612.643.160 2.027.613.315.965 1.393.085.322.652



394.228.723.500 394.807.025.142 284.862.557.425 335.082.885.363

PT Muba Daya Pratama - 19.535.948.598 19.535.948.598 19.535.948.598

PT Bukit Asam (Persero) - 8.466.716.210

- 4.981.235.911 1.300.000.000 -

PT Indonesia Power - 3.127.956.043 41.018.717.798 -

PT Krakatau Bandar Samudera - 1.772.802.000 1.772.802.000 -

PT Bio Farma (Persero) - - - 2.484.681.319

15.961.921.651 6.227.332.977

1.762.290.213 2.126.671.008

PT Dahana (Persero) 2.996.816.907 2.996.816.907 2.996.816.907 8.188.256.656

PT Taspen (Persero) 1.523.774.191 1.523.774.191 1.523.774.191 2.926.235.658

PT Pelindo II (Persero) 1.091.254.926 1.091.254.926 1.127.483.918 6.650.311.438

PT Sepoetih Daya Prima - 20.026.895.419 8.760.489.283 8.760.489.283

3.930.695.401 - -

148.592.066.893

PT Jasamarga Kualanamu Tol 38.302.277.954 5.841.818.182 - -

PT Pekanbaru Permai Propertindo 20.802.007.037 11.453.569.439 - -

PT Semen Padang 16.771.171.794 8.554.340.103 1.352.000.000 -

PT Angkasa Pura II (Persero) 11.064.808.159 38.464.212.576 14.652.147.799 80.666.697.745

PT Jasa Marga (Persero) Tbk 6.474.481.799 7.198.445.871 - 11.803.889.026

Kementerian Keuangan RI 5.610.454.818

PT Krakatau Daya Listrik 45.601.041.217 84.918.134.238 6.687.285.586

PT Pelindo III (Persero)

-

PT PLN (Persero) 73.052.314.843 89.602.684.773 108.194.145.857 15.793.815.086

-

KSO Gedung Kesenian Balikpapan - - -

KSO Stadion Banjar 1.093.981.207 1.293.981.207 1.643.981.207 3.756.156.996

KSO Sungai Madiun 1.021.944.863 1.021.944.863 1.021.944.863 1.021.944.863

KSO Pasar Baru - - 365.694.517.139 308.239.071.437

KSO Graha Bukopin - - 3.599.989.820 3.599.989.820

KSO Fly Over Pasar Kembang Surabaya - - 3.367.762.543 2.439.647.791

KSO Sepoetih Daya Prima - - - 9.807.865.783

1.432.287.343

KSO APRON II Bandara Suta - - - 8.352.538.262

1.995.609.898

1.690.043.786

KSO Stadion Utama Samarinda

PT Angkasa Pura I (Persero) 4.962.490.126 - - -

-

PT Trans Marga Jateng 3.516.481.275 22.679.401.875

- - -

KSO Bandara Achmad Yani - -

KSO Jl KA Makasar Pare-Pare 1.450.622.064 1.449.950.064 - -

KSO Bandara Kuala Namu 1.450.000.005 1.450.000.005 1.450.000.005 1.450.000.005

KSO Jalan Batang 1.287.249.883 1.287.249.883


PT KAI (Persero) 82.413.226.149 38.092.193.542

1.897.386.181 -

KSO RSUD Koja 1.222.998.802 1.675.211.709 2.994.741.376 -


June 2016 December 2015

58.216.733.624 21.326.489.676

PT Petrokimia Gresik 76.115.426.904 18.868.369.520 -

5.610.454.818 - -

65







Dikurangi/ Less :

7.




Jumlah Piutang Usaha / Sub Total Related

Parties

4.195.426.376.562 3.089.354.692.196 2.429.743.307.054 1.867.036.247.330

As of 30 June 2016 and 31 December 2015 and 31 December 2014 and 2013 trade

receivables amounting to IDR4,073791,789,012, IDR2,927,370,223,940,

IDR2,300,164,054,542, and IDR1,710,017,689,183 respectively, were secured as

collateral upon bank and other non bank financial institution loans (see Notes No.23

and 24).

Per 30 Juni 2016 dan 31 Desember 2015 serta 31 Desember 2014 dan

2013, piutang usaha masing - masing sebesar Rp4.073.791.789.012,

Rp2.927.370.223.940,-, Rp2.300.164.054.542,- dan

Rp1.710.017.689.183,- telah dijaminkan atas pinjaman Bank dan

lembaga keuangan lainnya (lihat Catatan No.23 dan 24).

(121.634.587.550) (161.984.468.256) (129.579.252.512) (157.018.558.147) Penurunan Nilai Wajar Piutang / Impairment

of Receivable

4.073.791.789.012 2.927.370.223.940 2.300.164.054.542 1.710.017.689.183 Jumlah Piutang Usaha - Bersih / Total Trade

Receivables - Net

KSO BMG Tower 2010 - - 1.324.190.057 1.324.190.057

- - - 5.893.599.477

KSO BPK Tower - - - 3.082.427.345

KSO DAM Jatigede - - - 2.845.250.215


than 1 Billions

1.824.440.949 1.522.606.010 1.338.424.432 457.986.386


KSO Rehab Sungai Citarum Paket 2

Sub Jumlah Pihak Berelasi / Sub Total

Related Parties

522.005.432.699 499.742.049.036 402.129.991.089 473.950.924.678

KSO Kali Madiun Thp 2 8.915.578.886 8.915.578.886 5.592.398.301 4.038.188.901

6.060.534.313 7.926.488.834 10.124.297.232 7.028.636.605

KSO Irigasi Sungai Ular 3.949.260.499 3.949.260.499 3.949.260.499 3.949.260.499

KSO Bandara Sepinggan 2.027.633.172 2.027.633.172 16.765.261.985 19.410.283.612

KSO DAS Solo Hulu 2.007.934.626 2.007.934.626 2.007.934.626 2.007.934.626

KSO Irigasi Batanghari ICB 1.511.685.637 1.511.685.637 1.511.685.637 1.511.685.637

KSO Pumping Station

KSO Louwi Goong - 1.923.494.158 1.865.850.602 1.551.151.123

KSO Cable Stayed Kendari 2.673.259.390 - - -

KSO Rekonstruksi Sabodam Merapi 2.354.235.460 - - -

KSO Jalan Soker 3.010.487.987 3.591.284.464 5.066.736.214 3.474.716.992


KSO Irigasi Jabung 16.343.731.539 16.245.180.852 15.544.452.939 13.423.208.412

KSO Jembatan Siak Thp.IV 15.159.931.996 15.159.931.996 15.159.931.996 15.808.825.961

KSO Jatigede DAM 14.771.209.830 14.771.209.830 15.271.209.830 15.375.648.494

KSO Kali Lamong 11.065.396.771 5.163.725.537 2.657.586.403 19.271.301.882

Piutang KSO

KSO The Company Epicentrum 10.785.130.124 10.785.130.124 10.785.130.124 10.785.130.124


than 1 Billions

988.071.780 290.266.413 1.296.518.155 1.501.396.782

KSO Jl Tol Solo Kertosono Seksi 4 - 2.094.788.729 - -

KSO Tol Antasari Depok 4.066.404.032 4.008.507.622 2.604.436.652 -

KSO BIJB Pkt 2 Kertajati 3.131.320.474 - - -

KSO Fly Over Medan Jamin Ginting 3.040.316.505 3.040.316.505 4.402.127.980 6.127.216.185

KSO Jembatan Holtekamp 14.090.145.229 - - -

66







(Lihat Catatan No.3d, 3e, 3g, 23, 24, dan 48) (See Notes No.3d, 3e, 3g,23,24, and 48)

8. PIUTANG RETENSI RETENTION RECEIVABLES

Breakdown of retention receivables based on consumers:


7.


PT Freeport Indonesia 16.461.538.100 13.495.483.550 - -


Dinas PU Kalimantan Timur 15.301.770.900 12.493.327.490 5.845.207.432 2.000.138.909

Hyundai Engineering & Construction Co., Ltd 28.410.241.498 26.203.635.888 12.865.311.160 -

PT Mandiri Cipta Gemilang 27.548.521.032 27.282.574.573 25.015.860.277 16.343.027.892

PT Misi Mulia Petronusa 26.256.961.769 20.756.097.835 - -

PT Prasto Propertindo 19.904.853.946 19.807.360.743 17.577.579.761 7.792.310.365

PT Pancakarya Griyatama 17.627.241.528 17.104.079.828 15.011.041.365 19.806.714.940

PT Bumi Daya Makmur 17.602.962.551 17.361.731.346 17.112.389.576 14.457.572.613

KG-NRC Consorsium 17.029.809.781 30.246.047.573 26.776.769.712 6.027.133.029

2.216.672.399 5.636.335.447 3.124.835.470 -

1.286.999.133.555 1.180.476.980.060 807.265.432.035 447.957.168.250


Pihak-pihak Berelasi / Related Parties


Dikurangi / Less:


of Receivable

Penghapusan tahun berjalan / Write Off for

the current year


current year

Jumlah Piutang Retensi - Bersih / Total

Retention Receivable - Net



Kementerian Infrastruktur Timor Leste 33.232.865.175 26.747.580.735 25.135.455.400 4.240.958.384


The management believes that all of the retention receivable are collectable.

Piutang yang di hapusbukukan /

Trade Receivable Written Off

PT Bendi Oetomo RayaPT Bendi Oetomo Raya

851.138.762.091 772.823.295.250 568.500.364.726 336.021.585.471

487.488.794.580 457.203.759.331 278.473.048.342 155.726.895.553

1.338.627.556.671 1.230.027.054.581 846.973.413.068 491.748.481.024

(53.845.095.515) (55.186.409.968) (43.302.454.202) (43.791.312.774)

- - 469.637.699 -



Jumlah piutang usaha mencukupi untuk memenuhi persyaratan

penjaminan piutang usaha atas fasilitas pinjaman yang diterima

PT Duta Anggada Realty Tbk 15.074.884.208 8.300.904.896 - -

8.

Rincian Piutang Retensi berdasarkan pelanggan:


IDR469,637,699 based on the approval of the Board of Commissioners in their letter

No.087/KOM/PP/2014 dated 30 December 2014, in the following breakdown:


tertagih sebesar Rp469.637.699,- berdasarkan persetujuan Dewan

Komisaris melalui Surat No.087/KOM/PP/2014 tanggal 30 Desember


469.637.699

469.637.699

Manajemen berkeyakinan bahwa seluruh piutang retensi akan dapat

ditagih.

The total amount of trade receivables satisfies guarantee receivable provisions of

loan facilities granted to the Company.

Represent balance of retention receivables as of 30 June 2016 and 31 December

2015 and 31 December 2014 and 2013 consist of :

Merupakan piutang retensi per 30 Juni 2016 dan 31 Desember 2015

serta 31 Desember 2014 dan 2013 terdiri dari:

67






8. PIUTANG RETENSI (lanjutan) RETENTION RECEIVABLES (continued)8.

PT Graha Senggigi 5.824.054.040 3.633.335.572 - -

PT Sari Indah Lestari 5.772.783.931 5.772.783.931 5.772.783.931 5.772.783.931


PT Anugrah Duta Mandiri 6.187.445.029 6.187.445.029 5.430.039.071 2.509.969.364


Indonesia

6.122.387.131 6.122.387.131 5.167.754.226 -


PT Catur Jaya 6.057.378.191 5.661.950.041 3.396.313.676 1.589.736.500

PT Cassia Resort Investment 6.026.739.486 1.590.221.525 - -

PT Duta Indah Iconic 5.984.265.163 5.843.203.699 2.547.610.781 -

PT Mitra Wijaya Wisesa 5.889.566.126 5.889.566.126 6.792.706.830 5.615.368.698

Perguruan Tinggi Kristen Petra - Surabaya 6.964.513.665 5.349.197.728 - -

PT Muara Wisesa Samudra 6.946.074.582 6.946.074.582 6.076.497.167 -

PT Nusantara Prospekindo Sukses 6.687.342.399 5.912.503.900 - -

PT Sinar Galesong P-PT Ciputra Victory Mitra.JO 6.662.270.550 4.356.674.264 1.574.778.971 -

Dinas Kesehatan Provinsi SUMSEL 6.565.898.089 6.565.898.089 - -

3.428.207.372 - -

PT Trans Ritel Properti 6.296.240.426 4.242.397.443 - -

PT Waska Sentana 7.879.447.962 7.879.447.962 6.817.847.660 -

Dinas Bina Marga dan Tata Ruang Prov Banten 7.491.878.590 - - -

PT Citicon Propertindo 7.419.810.000 3.935.665.000 - -

PT Tanrise Indonesia 7.186.782.197 6.830.867.354 5.832.135.957 -

PT Semen Bosowa Maros 7.137.631.489 7.137.631.489 6.335.650.000 1.780.950.000

5.606.991.301 1.273.613.417 3.013.576.128

PT Satria Pusaka Permata Perkasa 6.973.936.986 4.070.000.778 - -

8.550.954.251 4.820.274.588 -

PT Aruna Kirana 8.968.517.841 8.968.517.841 8.835.444.318 4.011.493.749

PT Win Win Realty Centre 8.923.277.847 8.580.686.883 6.063.471.166 2.428.317.622

PT Galuh Citarum 8.821.133.298 9.029.449.454 4.686.228.880 -

PT Graha Sarana Duta 8.489.710.989 7.007.346.986 5.549.209.588 4.180.650.500

PT Pakuwon Permai 8.225.565.549 5.598.366.260 1.329.856.545 -

8.215.884.369 8.215.884.369 7.657.353.870

PT Paramount Propertindo 7.879.896.730 7.879.896.730 7.951.404.644 1.142.691.850

PT Marga Mandala Sakti 11.142.375.000 11.142.375.000 11.142.375.000 3.074.350.408

PT Kalla Inti Karsa 11.065.274.784 - - -

PT Cahaya Bandung Jaya 10.779.310.970 8.692.544.710 2.189.574.318 -



Dinas PU Kab. Nunukan 7.052.169.603

PT Perkasa Internusa Mandiri 6.484.327.924

Gala Megah Investment JO 8.215.884.369

PT Graha Masindo Pratama 9.483.700.000

PT Grage Trimitra Usaha 14.575.983.749 12.978.399.135 5.853.994.247 -

PT Samator Land 12.113.233.488 10.107.763.088 4.167.066.128 1.239.692.681

PT Donggi Senoro LNG 11.311.006.416 11.311.006.416 11.311.006.416 10.251.774.001


PT Sutera Agung Properti 10.571.598.960 7.932.094.590 3.021.740.776 -

PT Servo Lintas Raya 10.229.340.507 5.655.340.618 - -


7.912.900.000 2.146.100.000 -

PT Sekar Atha Sentosa 8.971.456.075

68






8. PIUTANG RETENSI (lanjutan) RETENTION RECEIVABLES (continued)

PT Phinisi Perintis Makassar 2.256.072.541 2.710.617.996 2.631.349.138 1.247.424.462


Yeni Wijaya 2.258.757.040 1.928.583.064 - -

2.835.782.893 2.447.843.471

PT Almaron Perkasa 2.366.386.646 2.347.175.275 7.782.772.381 5.993.596.926

PT Aneka Sumber Daya Energi 2.258.222.449 2.258.222.449 - -

PT Trimitra Propertindo 2.901.564.048 - - -

PT Sarana Meditama Anugerah 2.839.345.572 1.034.393.850 - -

PT Triniti Dinamik 2.810.970.333 - - -

PT Graha Kencana Abadi 2.556.616.646 2.370.362.249 - -


PT Marindo Surya 2.338.636.364 2.338.636.364 2.338.636.364 -


PT Cirebon Hotel And Convention 3.482.237.809 3.482.237.809 3.455.210.536 1.200.999.999


PT Naribatama Abete 3.242.490.696 2.781.424.834 - -

Perguruan Tinggi Kristen Maranatha 3.199.431.821 4.265.909.093 - -

Yayasan RS Islam "Harapan Anda" 3.116.168.634 3.066.691.667 2.961.428.509 2.692.644.436

PT Kunci Utama Sukses 3.094.160.616 3.094.160.616 3.094.160.616 2.553.015.318

PT Tribuana Jaya Raya 3.013.800.430 - - -


PT Megatama Putra 4.003.982.077 2.598.012.910 - -

Kementrian PUPR, Dirjen Bina Marga, Satker

PJN Metropolitan Jakarta

3.954.235.073 2.197.907.492 - -

PT Centurion Perkasa Iman 3.942.094.119 2.521.727.532 - -

PT Asiana Lintas Ciptakemang 3.834.886.858 3.834.886.858 3.834.886.858 3.834.886.858

PT Fajar Phinisi Seaside 3.725.142.815 3.725.142.815 3.725.142.815 2.335.802.310

PT Erina Citra Gemilang 3.652.445.456 3.375.572.968 - -

PT Baradinamika Mudasukses 5.307.869.386 5.859.290.353 - -

PT Asia Tritunggal Jaya 5.123.031.428 4.828.455.735 1.369.376.000 -

PT Kapuk Naga Indah 4.934.204.779 6.548.934.866 5.766.220.347 -

PT Greenland Garden Realty 4.922.239.779 1.783.318.637 - -

PT Graha Satu Tiga Tujuh 4.916.209.204 4.752.632.354 2.541.923.995 -

PT Grand Shayla Indonesia 4.871.826.732 4.871.826.732 4.671.807.671 -

PT Kebayoran Puspita 4.801.724.494 3.288.080.000 - -

PT Hotel Properti Internasional 5.712.833.076 5.255.344.013 - -

JO Ciputra Karya Panca Sakti Nugraha 5.655.113.463 5.655.113.463 5.443.459.713 2.246.880.402

PT Metropolitan Land Tbk 5.623.181.817 5.623.181.817 5.623.181.817 2.349.542.272

PT Pahala Agung 5.566.904.320 2.875.783.104 - -

PT Bimasakti Jaya Abadi 5.551.912.786 5.376.605.822 4.538.003.261 2.422.427.507

Dinas PU 5.461.371.512 1.377.756.307 - -

PT Kuala Jaya Realty 5.449.129.121 4.124.765.518 - -

PT Adhiloka Shobat Sewita 5.719.734.553 5.491.530.408 2.880.290.319 -

8.





PT Pandega Citraniaga 2.444.702.257 2.444.702.257 4.574.770.439 5.863.322.124

PT Tosan Permai Lestari 2.430.401.153 3.014.740.055

69







Yayasan RS Al Irsyad - 1.061.018.045 1.061.018.045 1.061.018.045


9.367.467.160 8.448.339.880

PT Duta Bhakti - 1.415.324.934 2.778.961.298 -

PT Bandung Pakar - 1.295.670.967 1.369.403.227 1.369.403.227

PT Taman Impian Jaya Ancol - 1.094.047.500 1.094.047.500 1.094.047.500

1.274.988.021 -

Dinas Bina Marga dan Tata Ruang - 6.266.596.317 - -

DPU Kabupaten Serang - 6.004.493.368 1.792.745.192 -

PT Puri Persada Lampung - 3.749.954.545 3.015.225.951 1.195.073.014

Dinas PU Kutai Timur - 3.492.758.454 - -

PT Bintang Smelter Indonesia - 2.316.898.305 - -

PT Graha Pena Jawa Pos Surabaya - 1.510.000.000 1.510.000.000 -

PT Warna Warni Investama 1.386.887.872 - - -

PT Prakarsa Semesta Alam 1.276.425.819 1.276.425.819 1.253.316.728 5.516.985.045

PT Sejahtera Alam Energy 1.243.630.700 - - -

Kementerian Kesehatan RI 1.144.357.500 - - -

Yayasan Sanggar Prahtiwi 1.136.327.056 1.059.330.536 - -

Balai Besar Wilayah Sungai Pemali Juana 1.086.894.514 - - -

JGC Corporation -

Dinas Kesehatan Provinsi Pekanbaru 1.802.123.991 - - -

PT Tiran Makassar 1.800.775.625 1.800.775.625 - -

PT Artas Energi Petrogas 1.794.219.440 1.976.398.580 1.794.219.440 -


PT Illia Persada 1.706.252.514 1.201.096.954 - -

PT Bukit Nusa Harapan 1.695.516.899 1.559.601.838 -

5.255.167.419

PT Cahaya Baru Raya Realty 1.677.450.491 1.402.628.253 - -

PT Radinka Quatro Land 1.625.339.302 1.269.072.000 - -

PT Putra Adi Prima 1.615.919.432 1.615.919.432 1.615.919.432 -

PT Panghegar Putra Wijaya 1.543.219.475 1.543.219.475 1.543.219.475 1.231.091.889

PT Danau Winata Indah 1.443.804.731 1.379.895.904 - -

PT Duta Wahana Kerawang 1.423.947.100 1.194.193.302 - -

PT Graha Yasa Selaras 1.410.750.845 1.410.750.845

PT Multi Karya Utama Abadi 2.033.940.151 - - -

PT Sinar Celebes Jaya 2.007.510.853 2.007.510.853 2.007.510.853 2.007.510.853

PT Asfi Ilhami Rayhan 2.003.049.770 2.003.049.769 1.574.567.107 -

Yayasan Universitas Pelita Bangsa 2.000.000.000 2.000.000.000 - -

PT Prima Bintaro Royale 1.939.480.227

PT Graha Multi Insani 1.932.544.413 1.856.932.723 - -

Dinas PU SNVT Bengawan solo 1.874.487.564 - - -

PT Cahaya Sumber Raya 2.196.750.000 2.196.750.000 2.196.750.000 2.196.750.000

TNI / Asisten Logistik Kasad 2.180.722.722 2.180.722.722 2.180.722.722 2.180.722.722


Samarinda

2.170.639.774

PT Graha Sahari Wangi 2.135.000.000 2.135.000.000 1.794.744.000 -

Dinas Pendidikan Provinsi Kepri 2.096.478.144 2.096.478.144 2.096.478.144 2.096.478.144

PT Akur Pratama 2.055.755.311 2.055.755.311 2.055.755.311 2.055.755.311

8.




70







5.213.759.684 - -

PT Jasa Marga (Persero) Tbk 16.318.473.912 12.542.937.156 8.769.169.756 10.190.343.151


12.425.495.530 15.457.283.565 14.669.470.778


Parties

851.138.762.091 772.823.295.250 568.500.364.726 336.021.585.471



PT Trans Marga Jateng 35.081.949.332 19.999.649.822 17.622.902.137 19.405.564.369


PT Pembangkitan Jawa Bali 25.336.603.618 25.336.603.618 - -

Piutang - Peralatan / Receivable-Equipment 4.768.390.109 3.884.423.508 601.178.526 -

- - 1.812.500.001


Dinas PU Babel - - - 1.756.034.430

Yayasan Budha Tzu Chi Indonesia - - - 1.442.777.166

PT Adaro Persada Mandiri - - - 1.030.998.366

RSUD Kota Bekasi - - - 6.000.949.006

PT Tiara Metropolitan Jaya - - - 4.590.551.757

PT Karya Graha Nusantara - - - 3.523.521.908

Dinas PU Kabupaten Tana Tidung - - - 3.406.486.974

PT Sumber Daya Nusa Phala - - - 3.011.120.154

PT Trakindo Utama - - - 2.226.762.534

RSUD Ulin Banjarmasin - - - 1.827.844.526

Univ. Muh. Prof. DR. Hamka - - 1.552.575.005 1.552.575.005


PT Isa Development - - 1.390.338.223 -

PT Chevron Pasific Indonesia - - 1.189.218.993 -

PT Prima Karya Husada - - 1.186.999.065 1.186.999.065

RS Pratama - - 1.174.744.759 -

UIN Sunan Gunung Jati - - - 6.670.999.657

PT Sumber Alam Raya Wisesa - - 2.581.055.870 2.485.274.513

PT Saraswati Indoland Development - - 2.479.999.999 2.394.412.507


PT Global Surya Manggala - - 2.216.818.181 2.096.952.089

Dirjen SDA Wilayah Sungai Sumatera VIII - - 1.803.534.782 -

PT Multi Kreasi Cipta Sarana - - 1.663.112.611 -

PT Raflesia Nusantara - - 1.632.285.828 1.820.192.989

Kementerian Keuangan Timor Leste - - 26.081.466.271 24.869.393.672

Kementerian PU-Dirjen SDA - - 10.688.531.758 14.034.999.161

KSO PP-HKM - - 9.580.448.478 9.580.448.478

PT Supreme Energy Muara Labuh - - 3.861.079.420 6.614.303.259

Yayasan Widya Mandala - - 3.313.450.000 3.217.803.729

Yayasan Perguruan Tinggi Kristen Maranatha - - 2.627.697.619 -

8.




BNPB -


than 1 Billions

14.802.846.585

PT Semen Padang 17.382.273.910

71







Dikurangi / Less :

(Lihat Catatan No. 3g, 3h dan 48) (See Notes No. 3g, 3h and 48)

-


than 1 Billions

1.887.012.275 816.575.345 - 980.000.000


Related Parties

487.488.794.580 457.203.759.331 278.473.048.342 155.726.895.553

Jumlah Piutang Retensi / Total Retention

Receivable

1.338.627.556.671 1.230.027.054.581 846.973.413.068 491.748.481.024


of Receivable

(51.628.423.116) (49.550.074.521) (39.707.981.033) (43.791.312.774)

1.286.999.133.555 1.180.476.980.060 807.265.432.035 447.957.168.250 Jumlah Piutang Retensi - Bersih / Total

Retention Receivable - Net

3.845.473.583

PT Muba Daya Pratama - 3.357.000.000 3.357.000.000 3.357.000.000

PT Angkasa Pura Hotel - 2.272.863.875 - -

PT Industri Kapal Indonesia (Persero) - - 5.078.456.777 3.349.084.287

Perum Peruri - - 5.471.925.000 -

PT Bukit Asam (Persero) - - 3.638.920.788 -

PT Krakatau Bandar Samudera - - - 5.623.316.740

Kementerian Keuangan RI - - - 1.844.561.251

PT Sepoetih Daya Prima - 3.845.473.583 3.845.473.583

NK-PP-Murni JO

PT Hotel Indonesia Natour (Persero) 7.420.204.545 7.420.204.545 7.405.386.364 17.764.477.273

PT Pekanbaru Permai Propertindo 5.604.788.676 3.629.068.759 - -

PT Bank BNI (Persero) Tbk 3.038.046.299 2.797.136.364 - -

PT Pelindo IV (Persero) 2.668.297.264 1.301.530.398 - 4.512.073.524

PT Bank Mandiri (Persero) Tbk 1.500.000.000 1.500.000.000 2.411.057.623 -

PT Angkasa Pura I (Persero) 1.038.000.000 1.779.278.075 18.096.167.730 -

PT PLN (Persero) - 31.445.036.649 - -

PT Jasamarga Kualanamu Tol 16.129.924.316 - - -

PT Prima Multi Terminal 12.385.409.528 4.491.914.473 - -

PT Pelindo III (Persero) 9.173.442.917 5.525.637.144 1.906.921.234 1.765.431.163

PT Petrokimia Gresik 9.148.324.185 - - -

PT Bio Farma (Persero) 7.732.627.937 4.392.144.317 - 4.136.591.391

8.




- - -

72






9. TAGIHAN BRUTO KEPADA PEMBERI KERJA UNBILLED RECEIVABLES

Uraian sebagai berikut : Descriptions are as follows :

Dikurangi / Less :

Rincian Tagihan Bruto Kepada Pemberi Kerja: Breakdown of unbilled receivables :


1.260.130.442.192 704.425.079.001 379.911.500.778 202.551.504.469

86.573.935.363 76.468.034.012 72.997.000.629

December 2015 December 2014 December 2013

2.683.312.002.310 2.762.950.197.663 3.267.865.291.899 2.059.668.636.354 Pihak Ketiga / Third Parties

Pihak-pihak Berelasi / Related Parties 2.134.432.092.738 2.121.578.613.705 1.011.575.520.283 2.228.961.493.063

Sub Jumlah / Sub Total 4.817.744.095.048 4.884.528.811.368 4.279.440.812.182 4.288.630.129.417

Dikurangi / Less:

4.676.087.811.205 4.721.321.332.405 4.136.962.880.824 4.230.664.209.591


of Receivable

Penghapusan tahun berjalan / Write Off for

the current year


current year

Jumlah Tagihan Bruto Kepada Pemberi

Kerja - Bersih / Total Unbilled

Receivables - Net


June 2016 December 2015 December 2014

46.589.051.026 63.705.706.292 158.030.231.995 84.263.070.172

PT GE Operation Indonesia

SNVT PJSA BWS Sulawesi I

PT Donggi Senoro LNG

PT Tribuana Jaya Raya

PT Asiatic Universal Indonesia

PT Servo Lintas Raya

PT Transmart Propertindo

PT Pakuwon Jati Tbk


December 2013

47.853.515.166.777 43.636.566.302.980 36.254.957.748.027 26.809.368.306.389

(43.035.771.071.729) (38.752.037.491.612) (31.975.516.935.845) (22.520.738.176.972)

4.817.744.095.048 4.884.528.811.368 4.279.440.812.182 4.288.630.129.417

Pendapatan konstruksi yang telah diakui /

Recognized sales

(Beban kontrak kumulatif + Laba yang diakui

kumulatif) / (Accumulated contract expenses

+ recognized accumulated profit)

Penagihan Termin / Installment Claim

Jumlah Tagihan Bruto Kepada Pemberi Kerja /

Total Unbilled Receivables

(169.464.360.635) (174.991.064.500) (146.173.349.932) (57.965.919.826)

- - 491.041.818 -

27.808.076.792 11.783.585.537 3.204.376.756 -


tertagih sebesar Rp491.041.818,- berdasarkan persetujuan Dewan

Komisaris melalui Surat No.087/KOM/PP/2014 tanggal 30 Desember


491.041.818

Piutang yang di hapusbukukan /

Trade Receivable Written Off

PT Mitra Safir Sejahtera PT Mitra Safir Sejahtera 491.041.818


IDR491,041,818 based on the approval of the Board of Commissioners in their letter

No.087/KOM/PP/2014 dated 30 December 2014, in the following breakdown:



619.235.656.636 - - -

159.118.919.446 154.506.996.030 - -

110.960.174.771 110.960.174.771 115.913.234.771 45.291.433.668

89.152.766.702 121.720.307.073 - -

86.573.935.363


June 2016

84.247.098.848 137.457.959.472 - -

64.252.839.400 29.500.000.000 29.500.000.000 -

9.

Represent balance of unbilled receivables as 30 June 2016 and 31 December 2015

and 31 December 2014 and 2013 consist of :

Merupakan tagihan bruto kepada pemberi kerja per 30 Juni 2016 dan 31

Desember 2015 serta 31 Desember 2014 dan 2013 terdiri dari :

73






9. TAGIHAN BRUTO KEPADA PEMBERI KERJA (lanjutan) UNBILLED RECEIVABLES (continued)9.




14.932.595.306 - - -

14.165.111.185 16.767.778.551 72.862.896.533 104.436.885.864

13.675.541.283 27.168.019.396

PT Greenland Garden Realty 15.054.344.249 27.372.872.086 -


PT Megatama Putra 14.276.847.411 6.952.986.834 2.761.359.158 -

PT Mandiri Cipta Gemilang

PT Sutera Agung Properti

2.193.610.032.688 1.869.593.313.173 1.502.489.360.781 849.684.640.435

33.524.959.930 7.384.924.000


255.467.678.280 83.928.178.447

PT Waska Sentana 16.274.630.422 16.274.630.422 26.348.000.011 40.062.677.215

PT Metropolitan Land Tbk

PT Triniti Dinamik 15.911.067.458 5.417.571.167 - -


Indonesia

22.380.994.796 22.380.994.796 27.218.501.257 44.401.586.086

28.666.273.722 30.025.154.350 - -

PT Sejahtera Alam Energy

PT Cahaya Bandung Jaya

Kementerian Kesehatan RI

28.378.357.532 19.319.019.118 - -

27.767.286.706 20.625.409.892 78.393.550.505 -

27.313.441.960 - - -

PT Sinar Galesong P-PT Ciputra Victory Mitra.JO 25.313.012.935 33.224.026.383 24.115.154.024 12.005.214.750



Kementerian PU & PR Prov Kep Riau 23.355.864.008 - - -

Kementrian PU dan Perumahan Rakyat

-

PT Centurion Perkasa Iman

Dinas PU DKI Jakarta 19.972.346.344 53.681.603.382 4.900.000.000 -

PT Bumi Megah Graha Asri 19.106.922.342 4.196.971.603 - -

PT Win Win Realty Centre 18.828.850.730 25.680.670.008 38.487.461.139 17.606.966.286

Dinas PU 18.049.833.408 26.097.158.979 - -


Sumatera Utara

18.034.035.414 18.034.035.414 18.034.035.414 46.503.773.016

Pemerintah Provinsi Kalimantan Selatan 18.015.004.526 18.015.004.526 13.015.004.526 6.015.004.526

PT Trans Ritel Properti 17.646.591.476 18.581.047.378 20.000.000.000 -

22.344.606.356 5.910.786.169 - -

Hyundai Engineering & Construction Co., Ltd 21.250.185.378 43.307.564.963 100.278.305.080 44.290.387.560


Dep Perhubungan, Dirjen Perhubungan Udara,

Unit Penyelengara Bandar Udara Radin Inten II

Lampung

17.645.301.873 - - -

PT Cirebon Hotel & Convention 17.101.330.865 17.101.330.865 18.466.194.008 54.994.258.384

Kementerian Infrastruktur Timor Leste 16.658.082.589 110.464.055.685

6.754.949.300 -

28.864.275.261 23.385.139.354 13.100.000.000 -

44.765.131.018 PT Perkasa Internusa Mandiri

PT Freeport Indonesia

JGC Corporation

PT Cassia Resort Investment

PT Energi Prima Nusantara

PT Pahala Agung

PT Pakuwon Permai

JO Ciputra Karya Panca Sakti Nugraha


Dinas PU SNVT Bengawan solo

61.061.965.195 23.097.493.853

38.409.064.582 62.249.620.215 56.141.769.760 32.449.474.248

34.442.540.075 54.516.906.936 - -

32.012.545.776 70.386.120.444 - -

30.396.764.903 38.130.415.790 46.803.096.989 -

29.045.212.926 35.351.154.990 27.257.566.214 -

28.953.184.145 28.953.184.145 33.186.259.145 39.687.007.445

28.934.721.330 42.391.252.708

80.838.038.677 - -

40.431.749.618 69.624.483.704

74






9. TAGIHAN BRUTO KEPADA PEMBERI KERJA (lanjutan) UNBILLED RECEIVABLES (continued)9.




Kementrian PU SNVT PJSA Sumatera II 5.957.312.294 1.501.740.167 - -

Dinas Bangunan Kabupaten Bekasi 5.927.248.832 - - 4.738.646.119

PT Samator Land 5.857.279.539 16.492.486.539 40.896.045.506 6.438.335.438

PT Illia Persada

Dipindahkan / Carried Forward 2.539.872.780.940 2.387.016.481.762 1.975.422.668.589 1.072.326.123.723

PT Sun Property Abadi 5.216.458.172 5.216.458.172 - -

PT Misi Mulia Petronusa

5.200.246.673 6.691.545.833 2.199.999.979 -

5.678.946.454 - 124.705.598.104 2.113.839.627

PT Kuala Jaya Realty

PT Catur Jaya 5.456.626.994 11.589.333.964 21.408.698.336 19.187.746.222


5.313.101.575 5.313.101.575 5.313.101.575

PT Dialog Garage Cirebon

PT Teras Nirwana Bali

5.618.278.485 11.626.174.949 - -

5.403.419.401 2.031.129.466 2.999.351.643 -

5.313.101.575

PT Graha Sarana Duta

6.393.091.168 6.393.091.168 13.717.998.517 12.697.243.416

PT Griya Cipta Optimal 6.214.368.871 6.214.368.871 - -

PT Duta Indah Iconic 6.190.047.738 7.732.137.379 34.819.931.151 -

PT Putera Perkasa Persada 6.053.956.935 - - -

PT Prioritas Land Indonesia 8.486.052.214 6.584.448.121 - -


PT Taman Impian Jaya Ancol 8.043.959.548 8.043.959.548 8.083.959.548 10.195.912.048

PT Isa Development


PT Kalla Inti Karsa 6.872.646.542 124.827.800.774 - -

PT Cahaya Baru Raya Realty 6.491.930.161 11.988.374.922 - -

PT Raflesia Nusantara

7.756.314.000 31.756.396.143 7.355.163.300 32.854.546.540

Dinas PU Kabupaten Nunukan 7.531.544.264 40.080.602.529 33.510.182.736 -

TOA Corporation 7.328.924.445 8.328.924.445 8.328.924.445 11.841.825.145




PT Puri Pariwara

9.336.907.685 9.336.907.685 8.466.423.475 18.092.197.910


PT Graha Satu Tiga Tujuh 9.180.931.975 10.795.760.288 31.236.368.734 5.419.112.727

PT Aneka Sumber Daya Energi 8.501.197.378 8.501.197.378 10.550.091.463 7.653.454.534

10.985.598.452 - - -

Dinas Kesehatan Provinsi Pekanbaru 10.801.832.462 16.895.074.054 6.287.974.273 -

Dinas PU Provinsi Riau 10.658.825.144 10.658.825.144 10.658.825.144 10.548.270.065

PT Hotel Nirwana 10.427.370.448 4.361.279.124 - -

PT Sekar Atha Sentosa 10.361.264.346 15.447.209.522 27.688.511.112 -

11.548.761.143 10.122.402.867 12.684.427.621

Pusat Radioisotop & Radiofarmaka - Batan

PT Kebayoran Puspita 13.443.888.759 18.102.856.092 10.568.743.011 -

PT Emer Citra Agung 13.439.720.341 - - -

Perguruan Tinggi Kristen Petra - Surabaya 12.470.495.931 16.188.966.961 - -

PT Warna Warni Investama 11.831.886.430 13.531.807.699 - -

PT Paramount Propertindo 11.548.761.143

13.564.990.961 13.564.990.961 - -

75






9. TAGIHAN BRUTO KEPADA PEMBERI KERJA (lanjutan) UNBILLED RECEIVABLES (continued)

PT Marindo Surya 1.300.609.513 1.300.609.513 2.239.094.967 9.438.978.015

PT Vidi Mandiri 1.275.415.273 1.275.415.273 4.634.763.579 -

PT Tiara Abadi Nirmala 1.226.698.699 - 2.555.297.302 -

RSUD Ulin Banjarmasin 1.176.096.804 1.176.096.804 1.176.096.804 1.176.096.804

PT Tiran Makassar 1.072.546.752 1.072.546.752 3.210.320.565 -


BPPT 1.511.888.400 1.511.888.400 1.511.888.400 12.907.642.000

PT Graha Senggigi 1.395.065.407 32.490.583.793 17.427.875.905 -

PT Abadi Gowa Perkasa 1.306.793.179 1.306.793.179 1.306.793.179 1.306.793.179


PT Putra Adi Prima 4.050.158.977 4.434.666.362 8.019.009.317 16.642.912.861

Ny. Yenni Wijaya 3.973.389.271 12.623.170.788 10.488.931.855 1.732.675.757


Yayasan Pertambangan & Energi

3.022.263.822 - - 8.007.592.922



3.003.615.397 1.939.606.590 - -

PT Satria Pusaka Permata Perkasa 2.951.354.341 3.800.733.216 4.108.010.368 -

PT Multi Kreasi Cipta Sarana 3.119.159.635 3.119.159.635 3.119.159.635 -

PT Naribatama Abete 3.097.918.181 - - -


PT Menara Perkasa Margahayuland


PT Alfa Retailindo 4.705.223.390 - - -

PT Grand Shayla Indonesia 4.387.256.626 4.387.256.626 3.615.412.166 13.731.580.047

3.758.542.151 3.758.542.151 1.069.761.655 1.652.340.309


PT Siloam Karya Sejahtera 3.398.569.372 3.398.569.372 3.398.569.372 4.898.834.163

PT Merpati Abadi Sejahtera 3.314.187.882 4.934.191.678 - -

9.



Pindahan / Brought Forward 2.539.872.780.940 2.387.016.481.762 1.975.422.668.589 1.072.326.123.723

Kementerian PU & PR Direktorat Jend Cipta

Karya

5.098.126.729 - - -

PT Kurnadi Abadi 5.057.151.480 - - -

Balai Besar Wilayah Sungai Pemali Juana 4.813.356.007 3.920.448.963 - -

PT Bukit Nusa Harapan 1.552.134.349 3.408.222.652 4.950.743.055 -

PT Artas Energi Petrogas 1.534.118.451 1.534.118.451 4.607.947.687 -

2.221.878.054 3.128.753.601 18.783.043.983 4.993.639.918

PT Graha Pena Jawa Pos Surabaya 2.179.508.181 2.179.508.181 2.179.508.181 6.293.411.956

Kementerian PU-Dirjen SDA 1.863.920.007 1.863.920.007 6.340.151.001 1.863.920.007

PT Graha Azura 1.765.588.788 - - -

Sek.Jend. DPR RI 1.732.007.355 - 1.165.800.364 1.413.766.714

PT Prasto Propertindo 1.676.663.120 3.626.527.189 25.898.828.737 101.620.630.490

Dinas PU Kalimantan Timur 1.617.657.366 35.153.522.470 53.588.546.694 -

PT United Tractors Tbk - Kaltim 2.901.143.285 2.901.143.285 2.901.143.285 3.798.143.285


PT Citicon Propertindo 2.527.507.103 14.294.345.950 5.206.878.000 -

PT Baradinamika Mudasukses 2.444.252.504 2.469.252.504 40.508.499.765 -

PT Kapuk Naga Indah

Universitas Padjajaran 3.247.906.309 18.898.183.405 84.211.803.122 -

76







-

PT Chevron Pasific Indonesia - - 6.186.297.395 9.336.467.939

PT Graha Sahari Wangi - - 5.440.919.115 -

Pemda DKI - - 6.245.452.052


7.711.541.030

KG-NRC Consorsium - - 75.894.255.809 101.481.557.448

APBD Tk I Prop Riau - - 51.034.018.295 51.943.109.204

KSO PP-HKM - - 51.030.224.624 51.030.224.624


Bina Marga & Pengairan Pemkot Samarinda - - 33.677.273.000 -

PT Bintang Smelter Indonesia - - 29.739.918.539 -

9.087.562.590

Dinas Kimpraswil Pemerintah Propinsi Riau - - 22.133.294.415 18.042.385.324

Dirjen SDA Wilayah Sungai Sumatera VIII - - 19.256.775.759 12.545.715.276

RS Pratama - - 16.567.386.792 -

PT Puri Persada Lampung - - 16.435.488.379 17.057.987.726

Yayasan Perguruan Tinggi Kristen Petra

Surabaya

- - 16.091.347.608 -

PT Mitra Wijaya Wisesa - - 11.308.385.333 21.138.513.373


Yayasan Perguruan Tinggi Kristen Maranatha

SNVT PJSA Serayu Opak - - 28.556.434.997 30.374.616.815

3.177.788.500 1.281.210.000 -

PT Satu Stop Sukses - 2.424.818.059 - -

PT Radinka Quatro Land - 2.220.589.194 - -

PT Bumi Daya Makmur - 2.045.790.294 7.434.528.570 9.755.722.041

PT Mentari Subur Abadi - 1.598.659.984 4.238.396.789 32.873.639.000

PT Tanrise Indonesia - 1.256.130.010 - 4.921.534.069

PT Asia Tritunggal Jaya - 1.213.819.044 25.000.417.623 -

5.186.560.583 30.532.597.023 26.661.886.839

PT Putra Perkasa Persada - 4.987.033.134 - -

PT Duta Wahana Karawang - 4.651.133.951 2.562.440.000 -


Samarinda

- 4.007.551.454 - -

PT Graha Kencana Abadi - 3.976.543.725 15.976.299.518 -

DPU Kabupaten Serang - 3.944.637.507 40.043.588.452 -

PT Graha Masindo Pratama - 3.796.017.509 60.374.696.139 -

15.002.100.000 - -

PT Mahardika Agung Lestari - 14.509.866.302 - -

Satker Pelaksanaan Jalan Nasional Prov. Kepri - 10.000.000.000 - -

Dinas PU Kabupaten Bulungan - 9.871.617.357 33.126.743.987 -

PT Hotel Properti Internasional - 8.249.006.119 35.728.182.197 -

Dinas PU Kutai Timur - 5.885.822.995 28.711.159.672 -

PT Erina Citra Gemilang - 5.537.449.751 25.039.575.763 -

Kementerian PU & PR Cipta Karya KRIMSUS -

PT Galuh Citarum 1.062.109.109 3.315.930.947 22.314.056.350 -

PT Grage Trimitra Usaha 1.038.774.715 - 11.483.392.653 1.877.224.206

9.




PT Adhi Putra Mulia - - 84.003.327.046

- - 24.280.990.738

PT Adhiloka Shobat Sewita -

PT Graha Multi Insani -

77







Dinas PU Provinsi Jambi - - - 8.811.554.741

PT Prakarsa Semesta Alam - - - 8.346.352.728

-


- 13.792.954.516

RSUD Depok - - - 12.451.506.559

LAN Pusat Pendidikan - - - 11.638.177.290

PT Adaro Indonesia - - - 11.157.215.820

Dinas PU Kabupaten Tana Tidung -

- 4.281.832.195

Kementerian Perhubungan - - - 3.300.468.423

PT Bintang Langit - - - 3.040.963.306

PT Global Surya Manggala - - - 2.397.321.840

PT Berkat Anugerah Sejahtera Abadi - - 5.393.912.400 -


PT Bumi Anugrah Sakti - - 4.038.617.988 11.719.594.874

Bank Sumsel Babel - - 2.995.692.497 24.831.655.253

PT Tosan Permai Lestari - - 2.938.293.450 10.576.799.895

3.212.189.613.888 1.669.644.769.654

9.



Pindahan / Brought Forward 2.658.871.896.399 2.733.788.887.478

RSUD Kota Bekasi - - - 6.257.903.522

PT Duta Bhakti - - - 6.021.453.341

Yayasan RS Islam "Harapan Anda" - - - 5.333.732.407

PT Tiara Metropolitan Jaya - - - 5.147.727.160

PT Cahaya Sumber Raya - - - 4.834.098.755

PT Adaro Persada Mandiri - - - 4.569.032.707

PT Akur Pratama - - - 4.373.364.129

PT Sinar Celebes Jaya -

Yayasan Widya Mandala - - - 1.934.444.801

PT Saraswati Indoland Development - - - 1.811.749.842

PT Supreme Energy Muara Labuh - - - 7.976.783.044

PT Sumber Segera Primadaya - -

- - - 23.241.330.020

Kementerian Keuangan Timor Leste - - - 16.965.316.451

PT Pandega Citraniaga - - - 14.614.534.947

2.211.821.638 23.379.752.124

Gala Megah Investment JO - - 1.967.616.215 8.829.207.406

PT Graha Yasa Selaras - - 1.673.091.422 2.026.372.293

PT Aruna Kirana - - 1.664.655.187 17.147.023.029

PT Phinisi Perintis Makassar - - 1.334.821.600 1.826.861.881

PT Anugrah Duta Mandiri

- - 9.583.863.919

PT Fajar Phinisi Seaside - - - 9.325.192.892

PT Semen Bosowa Maros - - - 8.987.485.359

- - 1.299.745.972

- 1.152.148.226 -

PT Marga Mandala Sakti - - - 32.409.611.283

PT Panghegar Putra Wijaya

- - 2.805.995.350

PT Semen Bosowa Banyuwangi

5.097.375.481

PT Patra Berkah Itqoni - - 1.164.992.612 -

RSUD Sleman -

25.876.437.204

PT Griya Telaga Mas - - 2.709.341.969 -

Yayasan Manunggal Slawi - - 2.271.598.911 -

PT Almaron Perkasa - -

78









3.000.450.255 - - -

PT Indonesia Power

PT Pembangkitan Jawa Bali - - 108.950.425.718 445.986.198.000

PT Bank Mandiri (Persero) Tbk - - 17.069.332.408

PT Hotel Indonesia Natour (Persero) 11.508.286.039 11.508.286.039 11.537.922.403 13.037.922.402

PT Pekanbaru Permai Propertindo 10.414.408.305 30.088.247.772 32.822.951.963 -

PT BNI (Persero) Tbk 9.997.640.982 - - -

PT Inpola Meka Energi 7.689.342.401 3.952.898.000 - -

Perum Peruri 6.479.500.000

110.419.620.117

PT Angkasa Pura Hotel - 1.592.677.563 11.172.324.700 26.763.854.567

WASKITA-PP-HK 4.167.323.155 - - -

PT ASDP Indonesia Ferry (Persero) 4.000.000.000 - - -

PT Wijaya Karya Bangunan Gedung

2.650.895.519 - - -

PT KAI (Persero) - 44.321.032.607 24.196.492.525 91.052.094.449

PT Krakatau Daya Listrik - 17.808.297.783 187.105.385.016

21.822.137.922

PT Pertamina EP Cepu 18.298.354.823 - - -

PT Pelindo III (Persero) 16.053.886.188 47.954.269.569 - 1.273.967.880

PT Bio Farma (Persero) 11.615.195.989 16.818.454.092 50.051.761.909 -

RSUD Dr Kariadi Semarang



Piutang - Peralatan / Receivable-Equipment 9.921.088.559 16.260.227.368 8.114.975.412 -


than 1 Billions

14.519.017.352 12.901.082.817 7.312.075.304 8.582.889.527


Parties

2.683.312.002.310 2.762.950.197.663 3.267.865.291.899

- - - 1.612.575.062

9.


June 2016

2.059.668.636.354


- - - 1.478.405.968


Politeknik Negeri Malang - - - 1.719.767.365

PT Sumber Alam Raya Wisesa -

PT Karya Graha Nusantara

- - 1.653.967.720



36.914.866.276

PT Sepoetih Daya Prima - - 11.266.406.136 11.266.406.136

PT Krakatau Bandar Samudera - - - 23.455.218.585

PT PLN (Persero) 182.521.430.268 280.063.985.357 183.390.499.111 572.687.260.197


PT Pelindo IV (Persero) 122.509.834.026 136.281.040.694 - 16.579.286.832

PT Trans Marga Jateng 88.185.942.245 35.875.643.998 3.975.921.466 9.176.803.096

6.479.500.000 20.051.500.000 21.945.433.554

Bank Indonesia 5.119.115.121 - - -

PT Semen Padang 66.039.712.048 249.940.135.448 23.504.540.309 5.029.813.000

PT Pertamina (Persero) 54.249.239.640 - - -

PT Angkasa Pura I (Persero) 27.790.457.840

PT Jasa Marga (Persero) Tbk 23.963.453.762 18.204.850.548 7.795.800.301

43.848.248.173 9.765.084.138 54.347.169.265

PT Petrokimia Gresik 26.461.761.870 151.509.286.200 - -

PT Hutama Karya (persero) 240.374.758.108 65.828.000.000 - -

79







(Lihat Catatan No. 3e, 3g, 3i dan 45) (See Notes No. 3e, 3g, 3i and 45)

10. PIUTANG LAIN-LAIN OTHER RECEIVABLES

Jangka Pendek / Short Term


Jangka Panjang / Long Term



9.


4.279.440.812.182 4.288.630.129.417

Dikurangi / Less :

(141.656.283.843) (163.207.478.963) (142.477.931.358) (57.965.919.826)

4.676.087.811.205 4.721.321.332.405 4.136.962.880.824 4.230.664.209.591


of Receivable

Jumlah Tagihan Bruto Kepada Pemberi

Kerja - Bersih / Total Unbilled

-

PT Industri Kapal Indonesia (Persero) - - - 20.572.136.451

PT Krakatau Engineering -

Piutang YDP4 (Yayasan Dana Pensiun Pegawai PT PP) adalah biaya-

biaya untuk pegawai perusahaan yang ditempatkan di YDP4, telah

dibayar perusahaan dan menjadi beban YDP4.

Piutang KSO PP - HKM merupakan tagihan atas biaya-biaya yang

terkait dengan beban KSO PP-HKM.

- - - 1.229.944.668


than 1 Billions

- - 374.072.492 764.290.981

Jumlah / Total 4.817.744.095.048 4.884.528.811.368

Sub Jumlah Pihak Berelasi / Sub Total Related

Parties

2.134.432.092.738 2.121.578.613.705 1.011.575.520.283 2.228.961.493.063

- 1.921.128.978

PT Taspen (Persero)

10.

Receivable from PT PP Taisei originated from prepaid contribution to Jamsostek for

the Company's employees attached to PT PP Taisei.

- - 25.754.106.189 26.112.637.848

52.598.622 247.315.921 97.819.672 83.943.635

787.024.728 787.024.728 787.024.728

787.024.728 787.024.728 787.024.728 787.024.728

KSO PP - HKM / JO PP - HKM

Piutang Bunga / Interest Receivable

Sub Jumlah Pihak Ketiga / Sub Total

Third Parties


Yayasan Dana Pensiun Pegawai PT PP

(YDP4)PT Prima Jasa Aldodua

PT PP Taisei


Koperasi Karyawan


Related Parties

1.029.309.047 1.589.941.448

787.024.728



1.652.824.598 3.640.001.869 1.762.313.451 2.835.032.175

1.705.423.220 3.887.317.790 27.614.239.312 29.031.613.658

Jumlah Jangka Panjang / Total Long Term


PT Citra Waspphutowa

52.598.622 247.315.921 25.851.925.861 26.196.581.483

- 35.826.000 35.826.000 16.322.595

- - - 569.830.983

5.811.470 5.811.470 5.811.470 4.387.231

351.094.522 2.513.768.495 691.366.934 654.549.918

1.295.918.606 1.084.595.904

Piutang PP Taisei adalah tagihan atas iuran Jamsostek Karyawan PT PP

(Persero), Tbk yang ditempatkan di PT PP Taisei.

Receivables from YDP4 (Yayasan Dana Pensiun PT PP) originated from expenses

of the Company's employees attached to YDP4, prepaid by the Company.

Receivable from PP-HKM JO originated from claim for reimbursement of expenses

relating to PP - HKM JO.

Jumlah Jangka Pendek / Total Short Term

80






10. PIUTANG LAIN-LAIN (lanjutan) OTHER RECEIVABLES (continued)

(Lihat Catatan No. 3e, 48) (See Note No. 3e, 48)

11. PERSEDIAAN INVENTORIES

Persediaan Jasa Konstruksi / Inventory of Construction

Persediaan Properti / Inventory of Property

Persediaan Realty / Inventory of Realty

Tanah Akan Dikembangkan / Land For

Development

247.992.592.095 247.992.592.095 172.372.120.118 104.523.442.095

Jumlah Persediaan / Total Inventories

Persediaan Tidak Lancar/ Non Current

Inventory

10.

Tanah Akan Dikembangkan / Land For

Development

Piutang PT Prima Jasa Aldodua adalah biaya-biaya untuk pemeliharaan

dan perbaikan peralatan yang telah dibayar perusahaan dan menjadi

beban PT Prima Jasa Aldodua dan tagihan atas iuran Jamsostek

karyawan PT PP (Persero), Tbk yang ditempatkan di PT Prima Jasa

Aldodua.

Piutang Koperasi Karyawan adalah tagihan atas iuran Jamsostek

Karyawan PT PP (Persero), Tbk yang ditempatkan di Koperasi

Karyawan.


Receivables from PT Citra Wasuphutowa originated from costs for establishment of

joint-venture paid by the Company and reimbursable by PT Citra Waspphutowa. The

receivables are from assosiated company and, therefore, no interest is charged, no

guarantee is required and no payment time schedule is determined.

Inventories of buildings in construction, developed land sites, ready constructions

and houses are inventories of the Property which include:


470.371.310.308 401.101.175.373

Piutang PT Citra Waspphutowa adalah biaya-biaya dalam rangka

pendirian joint-venture yang telah dibayar perusahaan dan menjadi

beban PT Citra Waspphutowa. Piutang tersebut merupakan piutang

kepada perusahaan asosiasi yang tidak dikenakan bunga dan jaminan

serta tidak ditentukan jadwal pengembaliannya.

Bangunan dan Rumah Jadi / Ready House

and Buildings

19.261.643.818 19.067.897.648 35.927.231.214 53.513.951.801

Kavling Siap Bangun / Land site available for

construction

- - - 14.184.494.599

2.876.101.651.758 2.746.617.927.418 2.674.869.050.427 1.777.419.373.872

247.992.592.095 247.992.592.095 172.372.120.118 104.523.442.095

2.628.109.059.663 2.498.625.335.323 2.502.496.930.309 1.672.895.931.777 Jumlah Persediaan / Total Inventories

11.

Inventories of materials for hotel are materials needed in hotel operations.

Persediaan bahan konstruksi merupakan persediaan material dan

perlengkapan proyek yang tersedia di gudang proyek yang dimiliki oleh

Perseroan.

932.734.780.576 1.106.747.034.448 988.262.742.149

Tanah Sedang Dikembangkan / Land in

Development

909.673.478.385 1.143.811.889.586 1.023.557.671.866 399.037.358.466

Receivables from PT Prima Jasa Aldodua originated from equipment maintenance

and repair expenses paid by the Company and reimbursable by PT Prima Jasa

Aldodua and the Company's employees insurance premium payable by PT Prima

Jasa Aldodua.

Receivable from Koperasi Karyawan originated from expenses of the Company's

employees attached to Koperasi Karyawan, paid by the Company and reimbursable

by Koperasi Karyawan.

335.301.879.685 216.736.119.005 Persediaan Bahan Untuk Konstruksi /

Inventory of Construction Materials

Persediaan Bahan Untuk Hotel / Inventory of

Materials for Hotel

2.102.314.083 1.909.592.140 963.113.096 1.161.265.757

Bangunan Dalam Konstruksi / Building Under

Construction

1.226.700.313.069

Inventories of construction materials are projects materials stored at project

warehouses owned by the Company.

Persediaan bahan untuk Hotel merupakan persediaan bahan untuk

operasional Hotel.

Persediaan bangunan dalam konstruksi, tanah sedang dikembangkan,

bangunan & rumah jadi serta kavling siap bangun merupakan persediaan

Properti, yang terdiri dari:

81






11. PERSEDIAAN (lanjutan) INVENTORIES (continued)

Bangunan dalam konstruksi terdiri dari : Building under construction consist of:

Kapas Krampung Plaza Kapas Krampung Plaza

Grand Kamala Lagoon Grand Kamala Lagoon

The Ayoma Apartement The Ayoma Apartement

Grand Slipi Tower Grand Slipi Tower

11.

642.510.472.958 839.294.548.537 834.853.521.414

Grand Kamala Lagoon

Persediaan Grand Kamala Lagoon terletak di atas tanah beberapa

Sertifikat HGB dengan luas 153.048 m2 atas nama Perseroan yang terbit

pada tahun 1983, 2003 akan berakhir 2025, 2036 dan 2042, dan seluas

99.086 m2 masih dalam proses pensertifikatan. Dan saat ini yang

sedang dikembangkan untuk proyek Grand Kamala Lagoon, Bekasi

adalah seluas 35.377 m2, sedangkan tanah yang akan dikembangkan

seluas 216.757 m2.

30 Juni /

Persediaan Grand Slipi Tower merupakan persediaan Condotel dan

Apartemen yang diperoleh dari kompensasi dengan piutang usaha

konstruksi atas nama PT Bangun Archatama dan PT Grand Soho (dua

perusahaan dengan kepemilikan yang sama) sesuai dengan Perjanjian

Pengikatan Jual Beli (PPJB) No. 31 s/d 54, notaris Misahardi Wilamarta,

SH. tanggal 16 Maret 2009. Nilai persediaan Grand Slipi Tower sebesar

Rp127.819.553.570 merupakan reklasifikasi dari persediaan bangunan

dan rumah jadi yang dikembangkan dan ditingkatkan mutunya.

The inventory of Kapas Krampung Plaza originated from compensation of receivable

from PT Gitanusa Sarana Niaga and presented in account of building under

construction.

Persediaan Kapas Krampung Plaza tersebut diperoleh dengan cara

kompensasi piutang PT Gitanusa Sarana Niaga, dan tercatat dalam

Persediaan Bangunan Sedang Dalam Konstruksi .

31 Desember / 31 Desember / 31 Desember /

8.900.204.893

Grand Sungkono Lagoon 103.676.530.542 6.482.336.164 30.632.441.931 61.974.313.711

307.837.899.639 72.400.402.100

The Ayoma Apartement 87.660.487.370 95.052.213.595 63.458.676.076 -

Payon Amarta 19.079.005.025 30.311.925.641 20.391.065.707 -

Bukit Permata Puri Ngalian Semarang 12.581.505.525 11.489.713.119 12.648.409.362 2.331.794.734

Dharma Husada 4.776.757.280 55.568.748.572 - -


Kapas Krampung Plaza 679.421.945.242

Grand Slipi Tower 3.655.944.710 6.655.944.710 21.255.939.710 78.155.939.710

64.787.820.311

Amartha View 3.437.319.221 4.245.163.571 - -

Gunung Putri 2.474.978.289 3.081.579.758 7.613.261.360 -

Apartemen Pavillion Permata II 2.097.940.226 3.046.713.529 32.986.223.669 -

Apartemen Pavillion Permata I - 1.889.566.859 13.678.647.785 1.687.105.112

Apartemen Patria Park - - - 235.663.925

Hotel Patria Park - - - 124.198.650

Jumlah / Total 1.226.700.313.069 932.734.780.576 1.106.747.034.448 988.262.742.149

Inventory of Grand Slipi Tower represents inventory of Condotel and Apartment

originated from compensation with construction receivables from PT Bangun

Archatama and PT Grand Soho (two companies with the same ownership) in

accordance with sale and purchase binding Agreement No. 31 to 54, with the notary

deed of public notary Misahardi Wilamarta, SH. dated 16 March 2009. The value of

the Grand Slipi Tower inventory of IDR127,819,553,570 originated from

reclassification of finished buildings and houses inventory the quality of which has

been improved.

Inventory at Grand Kamala Lagoon under various land right (HGB) of 153,048 m2 on

behalf of company, issued in years 1983 and 2003 and expire in 2025, 2036 and

2042 and land another of land of 99,086 m2 is in process of certificate. That is being

developed for the project Grand Kamala Lagoon, Bekasi is covering 35,377 m2,

while the land will be developed in area of 216,757 m2.

Inventory of apartements under construction located in Serpong, Tangerang on a

land area of 10,553 m2 consisting of 6 SHM letters No. 565, 860, 863, 865, 866 and

1362 on behalf of Mrs.Soelistyowati.

Inventory of Kapas Krampung Plaza represents inventory of building under

construction located at Land Right No. 49 of 25,420 m2 square meters on behalf PT

Gitanusa Sarana Nusantara located in Kelurahan Tambakrejo - Surabaya, in

accordance with the Sale Purchase Binding Agreement Deed No. 46 dated 24

March 2009, of the public notary Raharti Sudjardjati, SH.

Persediaan apartemen dalam konstruksi yang berlokasi di Serpong,

Tangerang Selatan di atas tanah seluas 10.553 m2 yang terdiri atas 6

SHM No. 565, 860, 863, 865, 866 dan 1362 atas nama Nyonya

Soelistyowati.

Persediaan Kapas Krampung Plaza merupakan persediaan bangunan

sedang dalam konstruksi yang terletak di atas tanah HGB No. 49 seluas

25.420 m2 atas nama PT Gitanusa Sarana Nusantara yang berlokasi di

Kelurahan Tambakrejo - Surabaya, sesuai dengan Akta Perjanjian

Pengikatan Jual Beli No. 46 tanggal 24 Maret 2009, notaris Raharti

Sudjardjati, SH.

82







Apartemen Pavillion Permata I Apartemen Pavillion Permata I

Apartemen Pavillion Permata II Apartemen Pavillion Permata II

Grand Sungkono Lagoon Grand Sungkono Lagoon

Payon Amarta Payon Amarta

Bukit Permata Puri Ngalian Semarang Bukit Permata Puri Ngalian Semarang

Gunung Putri Gunung Putri

Tanah Sedang Dikembangkan terdiri dari : Land under Development:

11.

Invetory of apartemens under contruction, located on Jl. Dukuh Pakis No. 102,

Dukuh Pakis Village, Dukuh Pakis District, Surabaya, East Java Province on a land

area of 2,385 m2 with HGB No. 268 dated 24 November 2008 on behalf of

Hariyanto.

Persediaan apartemen dalam konstruksi yang berlokasi di Jl. Dukuh

Pakis No. 102, Kelurahan Dukuh Pakis, Kecamatan Dukuh Pakis,

Kotamadya Surabaya, Propinsi Jawa Timur di atas tanah seluas 2.385

m2 dengan SHM No. 268 tanggal 24 Nopember 2008 atas nama

Hariyanto.

Invetory of apartemens under contruction, located on Jl. Dukuh Pakis II, Dukuh

Pakis Village, Dukuh Pakis District, Surabaya, East Java Province in the land area of

1,865 m2 with HGB No. 1989 dated 7 December 2001, and will expire on 4 April

2043 on behalf of PT Property.


Persediaan Bukit permata Puri Ngalian semarang adalah persediaan

yang terletak di atas tanah beberapa Sertifikat HGB dengan total luas

391.539 m2 atas nama Perseroan yang terbit pada beberapa tahun

1993, 1994, 1996, 2003, 2005 dan 2007 dan berakhir pada tahun 2023,

2025, 2033, 2035 dan 2037.

Persediaan Grand Sungkono Lagoon terletak di atas tanah beberapa

Sertifikat HGB dan SHM dengan total luas 45.790 m2 terdiri dari 9 surat

HGB seluas 40.982 m2; surat SHM seluas 1.976; 13 surat SKGR seluas

2.832 m2.

Persediaan Payon Amarta dalam konstruksi yang berlokasi di Semarang

di atas sertifikat HGB No. 3813 dengan total luas 96.471 m2 yang masih

dalam proses balik nama dan seluas 3.483 m2 atas nama perseroan

yang terbit pada tanggal 21 Mei 2014 dan berakhir pada tanggal 6

Januari 2044.

Inventories in the from of ballroom measuring 1,693 m2 apartement located on the

land area of 5,982 m2, HGB No. 1925 on behalf of PT Grand Soho Slipi, published

on 26 December 2012 and will expire on 25 December 2032.

Persediaan apartemen dalam konstruksi yang berlokasi di Jl. Dukuh

Pakis II, Kelurahan Dukuh Pakis, Kecamatan Dukuh Pakis, Kotamadya

Surabaya, Propinsi Jawa Timur di atas tanah seluas 1.865 m2 dengan

HGB No. 1989 tanggal 7 Desember 2001 yang berakhir pada tanggal 4

April 2043 atas nama PT PP Properti.

Bukit Permata Puri Ngalian Semarang inventory is Land Right (HGB) of 391,539 m2,

on behalf of the Company issued in various years: 1993, 1994, 1996, 2003, 2005

and 2007, and will expire in years 2023, 2025, 2033, 2035 and 2037.

Gunung Putri inventory is inventory that is located in Bogor, West Java. HGB No. 48

with an area of 21,000 m2 on behalf of the company dated 19 January 1995 will

expire dated 8 January 2025.

Persediaan tersebut berupa ballroom apartemen seluas 1.693 m2 yang

terletak di atas tanah seluas 5.982 m2, HGB No.1925 atas nama PT

Grand Soho Slipi, terbit tanggal 26 Desember 2012 dan berakhir tanggal

25 Desember 2032.


583.656.750.000 583.656.750.000 624.510.000.000 -

315.392.900.572 549.531.311.773 382.005.756.240 382.005.756.240

10.623.827.813 10.623.827.813 17.041.915.626 17.031.602.226

909.673.478.385 1.143.811.889.586 1.023.557.671.866 399.037.358.466

Dharma Husada

Grand Sungkono Lagoon

Grand Kamala Lagoon

Jumlah / Total

Persediaan Gunung Putri adalah persediaan yang berlokasi di Bogor,

Jawa Barat. Terletak di atas tanah dengan sertifikat HGB No 48 dengan

luas 21.000 m2 atas nama Perseroan yang terbit pada tanggal 19

Januari 1995 dan berkahir tanggal 8 Januari 2025.

Inventory of Grand Sungkono Lagoon is located on the ground a few of HGB and

SHM with a total area of 45,790 m2 consists of 9 HGB letters area of 40,982 m2;

SHM letter covering 1,976 m2; 13 SKGR letters covering 2,832 m2.

Inventory in construction of Payon Amarta located in Semarang consists of HGB No.

3813 with a total area of 96,471 m2 which is still in the process of land title transfer

documents, and an area of 3,483 m2 on behalf of the company which was published

on 21 May 2014 and will expire on 6 January 2044.

83







Tanah Akan Dikembangkan terdiri dari : Land for Development:

Dharma Husada Dharma Husada

Grand Sungkono Lagoon Grand Sungkono Lagoon

Grand Kamala Lagoon Grand Kamala Lagoon

Tanjung Barat Tanjung Barat

Anai Resort Anai Resort

11.

Persediaan Dharma Husada tersebut mengalami perubahan luas

dikarenakan pengukuran ulang oleh Badan Pertanahan Nasional (BPN)

menjadi lebih luas dengan total 42.033 m2.

Husada Dharma inventory are total area change due to repeated measurement by

National Legal Agency (BPN) became more widespread with a total area 42.033m2.

Inventory at Anai Resort, Padang Pariaman, West Sumatera under Land Right

(HGB) No.11 dated 20 March 1999, of 3.555 m2 on behalf of the Company

published on March 20, 1999, will expire in 25 January 2017.

Inventory of land located on the ground a few HGB and SHM with a total area of

45,790 m2 consists of 9 HGB letters area of 40,982 m2; SHM letter covering 1,976

m2; 13 SKGR letters covering 2,832 m2. Which was once the construction project

receivable of Kapas Krampung Plaza, Surabaya. And when it was developed for the

project Grand Sungkono Lagoon.

Persediaan tanah Tanjung Barat seluas 13.084 m2 terletak di Kelurahan

Tanjung Barat, Kecamatan Jagakarsa, Jakarta Selatan. Tanah tersebut

terdiri dari 5 HGB atas nama PT Menara Duta seluas 8.594 m2, dan 4

HGB atas nama PT Cipta Kreasi seluas 4.490 m2. Tanah akan

dikembangkan tersebut direncanakan untuk pembangunan apartemen.

Tanjung Barat inventories of land measuring 13,084 m2 located in Tanjung Barat,

Jagakarsa, South Jakarta. The land consists of 5 HGB of PT Menara Duta are of

8,594 m2, and 4 HGB of PT Cipta Kreasi area of 4,490 m2. The land will be

developed for the planned construction of apartements.



217.708.338.774 217.708.338.774 172.265.516.797 104.416.838.774 Grand Kamala Lagoon - Kalimalang

Tanjung Barat 30.177.650.000 30.177.650.000 - -

Anai Resort 106.603.321 106.603.321 106.603.321 106.603.321

Jumlah / Total 247.992.592.095 247.992.592.095 172.372.120.118 104.523.442.095

Persediaan Anai Resort, Padang Pariaman, Sumatera Barat yang

terletak di atas tanah bersertifikat HGB No.11 dengan luas 3.555 m2 atas

nama Perseroan yang terbit pada tanggal 20 Maret 1999 akan berakhir

pada tanggal 25 Januari 2017.

Husada Dharma inventory is located at Mulyorejo district, Surabaya of total area of

approximately 41,634 m2, which is divided into 14 HGB on behalf of PT Aneka Mulia

Jaya under Purchase and Sale Agreement Number 13, 15, 17, 19, 21, 23, 25, 27,

29, 31, 33, 35, 37 and 39, and land right (SHM) No. 16 which still under process.

The will be developed as a business district.

Penambahan tanah yang akan dikembangkan di Grand Kamala Lagoon

seluas 32.389 m2 sesuai dengan Perjanjian Jual Beli No. 17 dari Notaris

Dian Fitriana SH, M.Kn. Pada tanggal 8 Juli 2015 sehingga total tanah

yang akan dikembangkan menjadi 249.146 m2.

The addition of land will be developed in Grand Kamala Lagoon in area of 32,389

m2 has been done Sale and Purchase Biding Agreement No. 17 under the notary

deed of public notary Dian Fitriana SH, M.Kn dated 8 July 2015 bringing the total

land will be developed into 249,146 m2.

Persediaan Dharma Husada merupakan tanah yang terletak di kelurahan

Mulyorejo kota Surabaya. Dengan total luas kurang lebih 41.634 m2,

yang terbagi atas 14 sertifikat HGB atas nama PT Aneka Bangunan

Mulia Jaya, yaitu dengan Perjanjian Pengikatan Jual Beli Notariil No.

13,15, 17, 19, 21, 23, 25, 27, 29, 31, 31, 33, 35, 37 dan 39 dan SHM No.

16 yang masih dalam proses. Tanah tersebut akan dikembangkan

sebagai kawasan bisnis.

Inventory at Kalimalang under various land right (HGB) of 153,048 m2 on behalf on

the company, issued in 1983 and 2003, and wil expire in 2025, 2036 and 2042 and

another landsite of 99,085 m2 under in certification process. That is being developed

for the project Grand Kamala Lagoon, Bekasi is covering 35,377 m2, while the land

will be developed in area of 216,757 m2.

Persediaan Kalimalang terletak di atas tanah beberapa Sertifikat HGB

dengan luas 153.048 m2 atas nama perseroan yang terbit pada tahun

1983 dan 2003 serta berakhir pada tahun 2025, 2036 dan 2042 serta

seluas 99.088 m2 masih dalam proses pesertifikatan. Dan saat ini yang

sedang dikembangkan untuk proyek Grand Kamala Lagoon, Bekasi

adalah seluas 35.377 m2 sedangkan tanah yang akan dikembangkan

seluas 216.757 m2

Persediaan tanah terletak di atas tanah beberapa Sertifikat HGB dan

SHM dengan total luas 45.790 m2 terdiri dari 9 surat HGB seluas 40.982

m2; surat SHM seluas 1.976; 13 surat SKGR seluas 2.832 m2. Yang

dulunya merupakan piutang konstruksi proyek Kapas Krampung Plaza,

Surabaya. Dan saat ini dikembangkan untuk proyek Grand Sungkono

Lagoon.

84







Bangunan dan Rumah Jadi terdiri dari: Buildings and Ready Houses include:

Graha Bukopin Graha Bukopin

Mall Serang Mall Serang

Rumah di Bogor Rumah di Bogor

Kios Pasar Kenari Kios Pasar Kenari

FX Residence FX Residence

Bukit Permata Puri Ngalian Semarang Bukit Permata Puri Ngalian Semarang

11.

Graha Bukopin adalah ruang perkantoran yang berlokasi di Graha

Bukopin Surabaya luas 1.202 m2 di atas tanah sertifikat HGB atas nama

PT Tiffa yang terbit pada tanggal 03 Desember 2010 akan berakhir

tanggal 25 Juli 2031.

Persediaan Mall Serang merupakan persediaan kios dan ruko yang

diperoleh dari kompensasi dengan piutang usaha konstruksi a.n. PT

Maju Mandiri Santosa atas proyek Mall Serang dengan luas 776,64 m2

yang berlokasi di Serang-Banten, terdiri dari beberapa sertifikat HGB

atas nama PT Maju Mandiri Santosa yang terbit pada tanggal 4 Maret

2010 dan 16 Juli 2010 akan berakhir pada tanggal 3 Nopember 2034.

Bukit Permata Puri Ngalian Semarang inventory is Land Right (HGB) of 391.539 m2,

on behalf of the Company issued in various years: 1993, 1994, 1996, 2003, 2005

and 2007, and will expire in years 2023, 2025, 2033, 2035 and 2037.

Inventory of Mall Serang represents inventory of kiosks and shop houses originated

from compensation in settlement of construction receivable from PT Maju Mandiri

Sentosa for Mall Serang project of 776,64 square m2 located in Serang - Banten,

with various Land Right ( HGB) on behalf PT Maju Mandiri Sentosa dated 4 March

2010 and 16 July 2010, and will expire in 3 November 2034.

Graha Bukopin is office space which located in Surabaya Graha Bukopin spacious

1,202 m2 on the ground HGB on behalf of PT Tiffa, published on 3 December 2010

and will expire on 25 July 2031.

Persediaan Kios Pasar Kenari adalah persediaan Kios yang berlokasi di

Pasar Kenari, Jakarta, berupa hak pakai No.01.08.0004 sampai

01.08.0024 seluas 374.59 m2 berlaku mulai 1 Pebruari 1998 sampai

dengan 1 Pebruari 2018.

Persediaan Bukit permata Puri Ngalian Semarang adalah persediaan

yang terletak di atas tanah beberapa Sertifikat HGB dengan total luas

391.539 m2 atas nama Perseroan yang terbit pada beberapa tahun

1993, 1994, 1996, 2003, 2005 dan 2007 dan akan berakhir pada

beberapa tahun 2023, 2025, 2033, 2035 dan 2037.



10.821.021.575 10.821.021.575 Mall Serang 10.821.021.575 10.821.021.575

Rumah di Bogor 4.801.242.121 4.801.242.121 6.597.000.000 6.597.000.000

FX. Residence 1.575.000.000 1.575.000.000 1.575.000.000 18.325.413.000

Kios Pasar Kenari 905.066.112 905.066.112 1.206.754.816 1.810.132.224

Apartemen Patria Park 928.466.340 734.720.170 858.239.059 1.067.525.134

Bukit Permata Puri Ngalian Semarang 230.847.670 230.847.670 1.053.105.041 1.544.568.911

Permata Puri - - - 370.229.765

Graha Bukopin - - 13.816.110.723 12.978.061.192

Jumlah / Total 19.261.643.818 19.067.897.648 35.927.231.214 53.513.951.801

Persediaan rumah di Bogor merupakan hasil penyelesaian piutang

Proyek Pangrango Plaza Bogor yang dibayarkan dengan 3 (tiga) unit

rumah di Bogor, terletak di atas tanah beberapa Sertifikat HGB dengan

total luas 996 m2 atas nama Perseroan yang terbit pada tanggal 19

Januari 2007 dan berakhir tanggal 19 Januari 2037. Pada tahun 2015, 1

(satu) unit rumah telah dijual dan total luas tanah menjadi 581 m2..

FX Residence represents apartment inventory located at Jl. Sudirman Pintu Satu

Senayan of 150 m2.The inventory is under tenure of PT Aneka Bina Lestari from

2008 up to 2043.

Pasar Kenari Kiosks inventory is located at Pasar Kenari, Jakarta, with right of use

No.01.08.0004 up to 01.08.0024 of 374.59 m2, effective 1 February 1998 up to 1

February 2018.

FX Residence adalah persediaan Apartemen yang terletak di Jl.

Sudirman Pintu Satu Senayan seluas 150 m2. Persediaan tersebut

merupakan hak huni atas nama PT Aneka Bina Lestari sejak tahun 2008

sampai dengan 2043.

Inventory of House in Bogor originated from settlement of receivable from

Pangrango Plaza Bogor Project, compensated with 3 (three) units of house in Bogor,

with various Land Right (HGB) of 996 m2 on behalf of the Company dated 19

January 2007 and will expire in 19 January 2037. In 2015, 1 (one) unit of house was

sold, and the area were be 581 m2.

85







Apartemen Patria Park Apartemen Patria Park

Permata Puri Permata Puri

Kavling siap bangun terdiri dari : Landsite Available for Construction consist of :

PT Asuransi Wahana Tata



PT Arthagraha All Risk Insurance

PT Asuransi Himalaya Pelindung




PT Asuransi Bintang

PT Asuransi Bintang

PT Asuransi Qbe Pool Indonesia

PT Asuransi Allianz Utama Indonesia

11.

Seluruh kepemilikan perusahaan atas persediaan real estate adalah

dalam bentuk Perjanjian Pengikatan Jual Beli (PPJB).

Apart from those inventories, all inventories which are pledged as collateral are also

insured in accordance with bank requirements related to loan facilities provided to

the Company.

1.947.200.000

Period of Insurance

515.000.000.000

Nomor Polis /

P10411102330000

Persediaan Permata Puri adalah persediaan yang berlokasi di Cibubur,

Jawa Barat, terletak di atas beberapa Sertifikat HGB No. 997, 998, 999

dengan total luas 583 m2 atas nama Perseroan yang terbit pada tanggal

27 Juni 1997 yang berakhir tanggal 13 Desember 2014. Persediaan

tersebut telah terjual pada tahun 2014.

Consequences which should be borne by the Company with an advance received,

but the related project can not be completed on time, therefore the relevant

consumer has the right to cancel the agreement and the Company is liable to fully

pay back the advance received.

JKT00-G-1407-00E00004625

P10115101546000

Seluruh persediaan bahan/material diasuransikan melalui Construction

All Risk (CAR).

01-11-201 - 01-11-2016

Jangka Waktu /

10010105151000113

Sebidang tanah SHGB seluas 3.555 m2 yang terletak di Kabupaten

Padang Pariaman, Sumatera Barat dan 10 (sepuluh) bidang tanah

SHGB seluas 45.630 m2 yang terletak di Pekayon, Kabupaten Bekasi,

Jawa Barat dijadikan sebagai jaminan pada PT Bukopin (Persero), Tbk.

All material inventories are insured through Construction All Risk (CAR) insurance.

Insurance Company

10010109151000199

1.254.300.000

Nilai Pertanggungan /

Inventory of existing building were insured with the following details:

Konsekuensi yang harus ditanggung oleh perusahaan atas uang muka

yang telah diterima namun tidak dapat diselesaikan tepat waktu oleh

perusahaan maka konsumen dapat memutuskan perjanjian dan

perusahaan berkewajiban mengganti seluruh uang muka tersebut.

Inventory of Permata Puri is located at Cibubur, West Java. It is under various Land

Right (HGB) No. 997, 998, 999 with a total area of 583 m2 on behalf of the

Company dated 27 June 1997, which ended 13 December 2014. The inventory was

sold in 2014.

Sebidang tanah seluas 29.955 m2 yang terletak di Pekayon Jaya, Bekasi

Selatan dijadikan sebagai jaminan pada PT CIMB Niaga, Tbk.

01-11-2015 - 01-11-2016

Certificate Number

200.000.000.000

01.01.09.0616.00022 01-05-2016 - 01-05-2017 50.000.000.000

19-08-2014 - 19-04-2017

01-11-201 - 01-11-2016

1.254.300.000

022.4050.201.2015.001344.00 01-12-2015 - 01-12-2016 200.000.000.000

022.4050.202.2015.000214.00 01-12-2015 - 01-12-2016

304.100.000

01-11-2015 - 01-11-2016

1.947.200.000

11-E0002686-CAR-E004

15-07-2014 - 15-07-2016

10010105151000101

Persediaan Apartemen Patria Park merupakan persediaan apartemen

sebanyak 4 unit yang berlokasi di Cawang - Jakarta.

304.100.000

Di luar persediaan-persediaan tersebut, persediaan yang dijaminkan

diasuransikan sesuai klausul bank atas fasilitas pinjaman yang diterima

perusahaan.

275.000.000.000

Insurance Policy

One piece of land of 3,555 square metres located in Padang Pariaman District, West

Sumatra and 10 (ten) pieces of lands of 45,630 square metres located in Pekayon,

Bekasi District, West Java, pledged as collateral to PT Bukopin (Persero), Tbk.

01-11-2015 - 01-11-2016

All of the Company's inventory of real estate are bound in sale and purchase binding

agreements.

One piece of land of 29,955 square metres located in Pekayon Jaya, South Bekasi,

pledged as collateral to PT CIMB Niaga, Tbk.

Penanggung /

1001010915000187

022.1050.501.2015.000014.00 01-12-2015 - 01-12-2016 5.000.000.000



Permata Puri - - - 128.371.546

Bukit Permata Puri Ngalian Semarang - - - 14.056.123.053

Jumlah / Total - - - 14.184.494.599

Patria Park Apartement inventory is apartement inventory of 4 units located in

Cawang - Jakarta.

Persediaan bangunan jadi telah diasuransikan dengan rincian sebagai

berikut:

01-11-2015 - 01-11-2016

86







(Lihat Catatan No. 3j dan 20 ) (See Notes No. 3j and 20)

12. UANG MUKA VENTURA BERSAMA ADVANCE PAYMENT - JOINT VENTURE

(lihat Catatan No.3q) (See Notes No.3q)

13. UANG MUKA ADVANCE

Rincian uang muka adalah sebagai berikut: In the following details:

Uang Muka Supplier / Pemasok / Advances to Suppliers

11.


Merupakan saldo uang muka per 30 Juni 2016 dan 31 Desember 2015

serta 31 Desember 2014 dan 2013 terdiri dari:

13.

12.

Manajemen berkeyakinan bahwa nilai pertanggungan cukup untuk

menutup resiko kerugian yang mungkin timbul atas persediaan yang

dipertanggungkan tersebut.

Represents balance of advances as of 30 June 2016 and 31 December 2015, and

31 December 2014 and 2013 consist of:

The management believes that the insurance is adequate to cover possible loss on

the inventories.

KSO Karebe 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000

KSO PP - HKM - - 153.073.913.556 153.073.913.556

KSO Bandara Sepinggan - - - 3.600.000.000

Jumlah Uang Muka Ventura Bersama / Total

Advance Payment - Joint Venture

3.000.000.000 3.000.000.000 156.073.913.556 159.673.913.556





Uang Muka Supplier / Pemasok / Advances to

Suppliers

135.740.059.392 12.123.464.563 79.937.467.499 81.792.869.821

Uang Muka Import / Advance to Import 34.792.258.561 334.104.610 41.278.515.404 585.780.721

Uang Muka Subkontraktor / Advance to

Subcontractors

57.987.761.740 29.006.526.344 8.867.270.383 29.335.040.178

Uang Muka Dinas / Advances to the Company's

Officials

21.402.302.418 7.138.096.704 8.003.289.681 2.592.336.560

Jumlah Uang Muka / Total Advance Payment 249.922.382.111 48.602.192.221 138.086.542.967 114.306.027.280



Tanjung Uncang 53.221.750.224 1.271.750.224 26.037.062.279 -

Terminal Peti Kemas Kalibaru 24.251.914.550 - 10.463.997.554 22.064.246.877

Gse Apron T3 Soetta 10.229.794.830 - - -

Proyek Divisi Operasi III 9.142.004.918 - 12.174.871.564 12.816.968.484

Jalan Tol Medan Tebing Tinggi 6.377.510.057 - - -

St Moritz Panakukang Makasar 5.880.398.195 - - -

Fasilitas Bandara Tanjung Pinang 4.301.608.000 - - -

Proyek Divisi Operasi I 3.570.620.865 - 3.927.367.431 6.049.949.424

Apron Bandara Sultan Thata 3.418.714.228 - - -

Proyek Divisi Operasi II 3.284.302.314 - 5.188.940.316 20.113.169.783

Jalan Servo Hauling Road 2.354.807.624 - - -

Indarung Cc-3 1.582.322.799 - - -

Apartemen Ciputra Surabaya - - - 2.555.077.374

87






13. UANG MUKA (lanjutan) ADVANCE (continued)

Uang Muka Import / Advances to Importirs

Uang Muka Subkontraktor / Advances to Subcontractors

Uang Muka Dinas / Working Advances

Uang muka supplier/pemasok merupakan uang muka atas pembelian

dan pengadaan bahan/material sesuai dengan surat perjanjian jual beli

yang akan diperhitungkan dengan pembayaran tagihan supplier.

13.

30 Juni / 31 Desember /

- - - 1.923.649.269

Uang Muka Supplier - Entitas Anak / Advance

to Supplier - Subsidiary

5.449.201.172 5.999.004.183 20.926.285.212 14.464.193.559


than 1 Billions

2.675.109.616 4.852.710.156 1.218.943.143 1.805.615.051

Advances to suppliers are advances for materials purchases and procurement in

accordance with sales agreement and to be settled upon billing by the relevant

supplier.

Jumlah Uang Muka / Total Advances 249.922.382.111 48.602.192.221 138.086.542.967 114.306.027.280

PLTGU Sei Gelam Jambi

Sub Jumlah / Sub total 135.740.059.392 12.123.464.563 79.937.467.499 81.792.869.821

PLTGU 3 x 40 KDL - Cilegon 21.993.971.422 - 40.962.255.790 -

Tanjung Uncang 12.761.826.025 - - -


than 1 Billions

36.461.114 334.104.610 316.259.614 585.780.721

Sub Jumlah / Sub total 34.792.258.561 334.104.610 41.278.515.404 585.780.721

127.615.748.604 1.271.750.224 57.792.239.144 63.599.411.942

31 Desember / 31 Desember /


Pindahan / Brought Forward

Bendung Lolak Sulut 14.626.065.007 1.146.987.385 - -

Jalan Servo Hauling Road 7.937.515.010 2.156.340.953 - -

Jl Tol Medan-Tebing Tinggi Pkt 5 3.900.000.000 - - -

Indarung Cc7 3.250.000.000 - - -

Swissbell Hotel Darmo Centrum 2.042.239.800 1.627.564.800 - -

Jalan Baturaden 1.697.900.598 - - -

Apron Dan Taxi Way Bandara A Yani

Semarang

1.570.098.940 - - -

Jalan Tol Medan Tebing Tinggi 1.233.048.888 - - -

St Moritz Panakukang Makasar 1.090.481.475 2.436.231.475 - -

Indarung Cc 4 - 3.660.250.059 - -

Indarung Cc-3 - 2.400.737.219 - -

Iconic Office Tower - - 3.503.352.612 -

PLTG Sarulla - - 3.000.000.000 -

Saint Morist Paket Finishing - - - 23.066.818.813

PLTGU KDL - Cilegon - - - 3.913.481.190

Uang Muka Subkontraktor - Entitas Anak /

Advance to Subcontractor - Subsidiary

20.248.267.266 11.895.667.624 - -


than 1 Billions

392.144.756 3.682.746.829 2.363.917.771 2.354.740.175



Pusat 4.068.697.859 1.228.940.788 2.924.521.164 -

Proyek Divisi Operasi III - - 1.922.353.817 1.739.800.063

Uang Muka Dinas - Entitas Anak / Working

Advance - Subsidiary

16.630.894.621 5.342.479.478 3.082.457.255 -


than 1 Billions

702.709.938 566.676.438 73.957.445 852.536.497

88






13. UANG MUKA (lanjutan) ADVANCE (continued)

14. PERPAJAKAN TAXATION

a. Pajak Dibayar Dimuka a. Prepaid Taxes

Pajak Penghasilan Badan / Corporate Income Tax:

b. Utang Pajak b. Taxes Payable

c. Liabilitas Pajak Penghasilan Final c. Final Income Tax Liability

d. Beban (Penghasilan) Pajak: d. (Income) Tax Expense:

Pajak Kini / Current Tax

13.

Uang muka subkontraktor merupakan uang muka yang dibayarkan

Perusahaan kepada subkontraktor sesuai dengan kontrak, untuk

pelaksanaan suatu proyek yang akan diperhitungkan dengan

pembayaran tagihan subkontraktor.

14.

Advances to subcontractors are advances provided to subcontractors in accordance

with contracts, for the purpose of project works to be settled with billing of the

relevant sub-contractor.



Pajak Pertambahan Nilai / Value Added Tax 248.336.167.614 380.794.298.661 403.060.247.661 508.927.311.325

378.125.465.420

December 2013

4.778.612.543 4.634.901.551 7.209.412.928 9.254.151.104 1.410.218.250

223.619.420.238 167.502.736.877

30 Juni / 30 Juni / 31 Desember / 31 December / 31 December /

June 2016 June 2015 December 2015 December 2014

PPh Final /Final Tax 79.271.405.281 56.617.010.958 82.390.182.860 71.440.655.177

PPh Pasal 23 / Income Tax Article 23 5.964.879.989 4.148.850.252 2.506.434.764 9.783.294.893

Pajak Bumi dan Bangunan / Land and

Building Tax

813.306.083 438.124.178 - -

326.555.008.863 467.771.455.951 462.183.693.383 597.982.011.499 Jumlah Pajak Dibayar Dimuka / Total

Prepaid Taxes

30 Juni / 31 Desember / 31 December / 31 December /


PPh Pasal 21 / Income Tax Article 21 22.658.626.755 42.145.684.704 10.793.806.465 13.330.718.814

PPh Pasal 22/23 / Income Tax Article 22/23 31.288.007.478 13.449.960.705 23.123.954.966 45.402.911.945

Pajak Pembangunan (PB 1) / Development

Tax

651.716.703 964.522.947 804.953.468 686.659.431

PPh Pasal 26 - 9.875.122 - -

Jumlah Utang Pajak / Total Tax Payable 54.598.350.936 56.570.043.478 34.722.714.899 59.420.290.190



354.064.982.092 291.211.795.262 220.288.930.001 174.538.532.284

Merupakan liabilitas pajak penghasilan final

per 30 Juni 2016 dan 31 Desember 2015

serta 31 Desember 2014 dan 2013 masing-

masing / Represent final income tax liability

as of 30 June 2016 and 31 December 2015,

and 31 December 2014 and 2013 amounting

to :

Jumlah beban pajak /

Total Income Tax Expense

Pajak Penghasilan Final

/ Final Income Tax

Pajak Penghasilan Tidak

Final / Non Final Income

228.398.032.781 172.137.638.428 441.970.750.275

434.761.337.347 344.759.784.991

387.379.616.524 346.170.003.241

89






14. PERPAJAKAN (lanjutan) TAXATION (continued)

Pajak Penghasilan Tidak Final / Non Final Income Tax

Dikurangi / Less :

d. Beban (Penghasilan) Pajak: d. (Income) Tax Expense:

14.

Penyesuaian Pajak/ Tax

Adjustments

11.210.871.597.598

Laba Konsolidasi sebelum

Pajak Penghasilan /

Consolidated profit before

income tax

Laba sebelum Pajak

Penghasilan - Entitas

Anak / Profit before

income tax -

Subsidiaries389.171.845.518 164.716.070.017

Beban Pajak Penghasilan

Kini Tidak Final - Entitas

Induk / Current Income Tax

Expense Non Final - Parent

EntityBeban Pajak Penghasilan

Kini Tidak Final - Entitas

Anak / Current Income Tax

Expense Non Final -

SubsidiariesBeban Pajak Penghasilan

Kini Tidak Final -

Konsolidasi / Current

Income Tax Expense Non

Final - Consolidated

(4.634.901.551) (7.209.412.928) (9.254.151.104) (1.410.218.250)

Laba sebelum Pajak

Penghasilan / Profit before

income tax

-

Penghasilan yang sudah

dikenakan Pajak Final /

Income Imposed Final

TaxBeban atas penghasilan

yang sudah dikenakan

Pajak Final / Expenses

on Income Already

Taxed Final

5.132.995.982.488 3.970.952.072.981


-

31 Desember /

(4.778.612.543)

(5.522.167.828.006) (4.135.668.142.998) (12.054.147.183.425) (11.235.140.955.216) (10.955.558.041.052)

(7.209.412.928) (9.254.151.104)

- -

December 2013

30 Juni / 30 Juni /

- - - - -


(1.410.218.250)

-

730.098.660.653

10.225.459.380.399

774.482.990.079



Beda Tetap / Permanent Differences

249.635.129.859

638.806.975.377

-

218.276.877.495

382.992.947.512

843.275.585.827

-

444.258.466.066

1.287.534.051.893

695.973.538.790

224.927.091.281

-

-

10.539.167.416.426

920.900.630.071

44.384.329.426

- Beda Temporer / Deductible

Differences

Penghasilan Kena Pajak /

Income Tax

(4.778.612.543) (4.634.901.551)

90






14. PERPAJAKAN (lanjutan) TAXATION (continued)

SKPLB PPN/Overpayment VAT (Jan)

SKPLB PPN/Overpayment VAT (Feb)

SKPLB PPN/Overpayment VAT (Mar)

SKPLB PPN/Overpayment VAT (Apr)

SKPLB PPN/Overpayment VAT (Mei)

SKPLB PPN/Overpayment VAT (Juni)

SKPLB PPN/Overpayment VAT (2013)

Putusan Banding PPN masa Feb 64175/PP/M.XIIA/16/2015

Putusan Banding PPN masa Mar 64176/PP/M.XIIA/16/2015

Putusan Banding PPN masa Apr 64177/PP/M.XIIA/16/2015

Putusan Banding PPN masa Mei 64183/PP/M.XIIA/16/2015

Putusan Banding PPN masa Jun 64184/PP/M.XIIA/16/2015

Putusan Banding PPN masa Jul 64178/PP/M.XIIA/16/2015

Putusan Banding PPN masa Agust 64179/PP/M.XIIA/16/2015

Putusan Banding PPN masa Sept 64180/PP/M.XIIA/16/2015

Putusan Banding PPN masa Okt 64181/PP/M.XIIA/16/2015

Putusan Banding PPN masa Nop 64182/PP/M.XIIA/16/2015

(Lihat Catatan No. 3u) (See Note No. 3u)

15. BEBAN DIBAYAR DIMUKA PREPAID EXPENSES

00026/406/13/093/15

00036/407/14/093/15

00035/407/14/093/15

00033/407/14/093/15

00034/407/14/093/15

00032/407/14/093/15

2008

28-Sep-15

410.821.852

283.286.220

469.845.342

15.

12.026.709.373

1.366.884.192

8.324.738.532

2014 00031/407/14/093/15 17.109.091.843

14.582.853.854

29-Oct-15

2014

29-Oct-15

2014 29-Oct-15

29-Oct-15

2014 29-Oct-15

2013

2008

2014

2008 28-Sep-15

2008 28-Sep-15

Objek Pajak /

28-Sep-15

Biaya pemasaran adalah biaya-biaya dalam rangka mendapatkan proyek

antara lain biaya prakualifikasi, jaminan tender dan biaya tender lainnya.

Biaya ini akan dibebankan setelah proyek didapatkan atau ada kepastian

tidak didapatkan. Perolehan kontrak baru tahun yang berakhir 30 Juni

2016 adalah sebesar Rp14.093 milyar.

Fiscal Year

28-Sep-15

Jumlah lebih (kurang) bayar /

Total of Over/(Under) Payment Nomor Hasil Pemeriksaan /

Assessment Note Number

798.645.112

29-Oct-15

29-Oct-15

2014

Date of Issue

Perusahaan menerima Surat Ketetapan Pajak Lebih Bayar, Kurang

Bayar dan Nihil (SKPLB, SKPKB dan SKPN) dan telah menerima

kelebihan restitusi pajak adalah sebagai berikut:

2008

28-Sep-15

2008

1.865.369.373

490.229.762

69.123.627

760.361.044

77.580.029.453 100.385.879.274 Biaya Pemasaran / Marketing Expense

Biaya Provisi / Provision Expense

Tax Object

2008

28-Sep-15

25.627.414.731 23.067.518.770

Indirect expenses, which include that of the subsidiaries, represent expenditures

which will be charged in proportional manner during the projects period.

2008

Tanggal Terbit /

28-Sep-15

Marketing expense represents expenditures in relation to getting project works, such

as prequalification, bidding bond, and other bidding expenses. The expenses are

chargeable to the related projects when awarded. The contracts awarded to the

Company during the year ended 30 Juni 2016 is IDR14,093 billion.

28-Sep-15

22.557.714.846

20.415.974.890

Tahun Pajak /

128.400.949.200

14.

1.031.925.922

614.220.378

Tidak terdapat (beban) manfaat pajak tangguhan dan aset (kewajiban)

pajak tangguhan untuk periode yang berakhir 31 Desember 2015 dan 31

Desember 2014 karena penghasilan perusahaan dikenakan pajak

penghasilan yang bersifat final sehingga tidak terdapat beda temporer

yang akan dikompensasikan dimasa yang akan datang. Kecuali untuk

Entitas Anak yang terdapat Penghasilan yang tidak dikenakan pajak

final.

Biaya Tidak Langsung / Indirect Expense 298.583.136.522 96.542.314.942 226.289.721.499 141.095.708.919

177.034.968.583

22.630.148.285

28-Sep-15

2008

The Company received the following Tax Assesment Letter of Tax Over Payment,

Tax Under Payment and Nil (SKPLB, SKPKB and SKPN) and the Company has

received the tax refund as follows:

There is no deferred tax (expense) benefit and deferred tax assets (liabilities)for the

period ended 31 December 2015 and 31 December 2014 because of company's

incomes were subjected to final tax which eliminate the expected future tax

consequences of temporary differences between tax bases and financial reporting.

Except for income from subsidiaries were subjected to non final tax.

Biaya Tidak Langsung termasuk entitas anak adalah pengeluaran yang

akan dibebankan secara proporsional selama masa pelaksanaan proyek.

2008



17.775.338.771

Biaya Asuransi / Insurance Expense 11.161.339.320 8.751.443.556 2.689.382.456 191.145.759

Jumlah Beban Dibayar Dimuka / Total Prepaid

Expenses

509.409.592.709 259.322.122.429 329.626.652.178 259.448.072.723

91






15. BEBAN DIBAYAR DIMUKA (lanjutan) PREPAID EXPENSES (continued)

(Lihat Catatan No. 3k) (See Note No. 3k)

16. JAMINAN GUARANTEE

17. INVESTASI PADA ENTITAS ASOSIASI INVESTMENT IN ASSOCIATED ENTITIES

PT Jasamarga Pandaan Malang

PT Jababeka PP Properti

PT Sentul PP Properti

PT Sinergi Investasi Properti

PT Prima Multi Terminal

PT Alam Inti Energi

PT Muba Daya Pratama

PT Inpola Meka Energi

PT Pekanbaru Permai Propertindo

Jumlah Investasi/Total Investment

PT Sinergi Investasi Properti


PT Alam Inti Energi





15.

257.127.550.000

-

-

-

The account represents guarantee provided by the Company in relation to bidding

for new projects, guarantee on work advances, guarantee on work performance, and

guarantee during projects maintenance period, in form of bank guarantees and letter

of credit guarantee, consisting of:

-

Additions Deductions Ending Balance

% Kepemilikan

-

147.393.344.309

20%

25%

27.240.000.000

79.090.000.000

-

46.190.743

-

2.766.376.000

2.766.376.000

23.500.000.000

133.440.690.743

36.377.550.000

49%


Akun ini merupakan jaminan yang dibayarkan (storjam) perusahaan

dalam rangka tender proyek baru, jaminan atas penerimaan uang muka

pekerjaan, pelaksanaan pekerjaan dan jaminan selama masa

pemeliharaan pekerjaan berupa bank garansi dan jaminan LC/SKBDN

terdiri dari :

16.

-

27.240.000.000

17.

20%

46.518.235.052

34.464.500.000


17.821.300.000

27.064.500.000

-

245.640.000.000

46.518.235.052

34.464.500.000

23.500.000.000

-

-

-

-

8.700.000.000

49%

35%

-

52.200.000.000

17.821.300.000

46.472.044.309

7.400.000.000

Saldo Akhir /

/Ownerships Beg. Balance

30%

272.134.035.052

30 Juni / June 2016

- 25.200.000.000

-

123.050.000.000

-

272.134.035.052

-

8.700.000.000

25%

30%

49%

35%

20%

23.500.000.000 20%

Biaya provisi dibayar dimuka merupakan biaya provisi atas perpanjangan

kredit pinjaman yang akan diamortisir selama masa pinjaman.

% Kepemilikan Saldo Awal / Penambahan / Pengurangan / Saldo Akhir /


27.240.000.000

122.590.000.000

17.821.300.000

Prepaid provision expenses are provisions payable for loan extension and are

amortized over the relevant loan term.

23.500.000.000

Pengurangan /

- 49.000.000.000 - 49.000.000.000

Saldo Awal / Penambahan /

49%

34.464.500.000

44.233.624.000

526.495.209.052

27.240.000.000

122.590.000.000

- 36.377.550.000 -

35% - 25.200.000.000



1.975.119.962 20.382.482.072 17.563.328.514 5.932.181.940 Jaminan Pelaksanaan Proyek/ Projects

Performance - Guarantee

Jaminan Sewa Ruang / Rent - Guarantee 300.684.860 300.684.860 298.995.900 228.464.500

Jumlah Jaminan / Total Guarantee 20.683.166.932 17.864.013.374 6.231.177.840 2.203.584.462

17.821.300.000

46.518.235.052

92






17. INVESTASI PADA ENTITAS ASOSIASI (lanjutan) INVESTMENT IN ASSOCIATED ENTITIES (continued)


PT Alam Inti Energi





PT Alam Inti Energi




a. PT Jasamarga Pandaan Malang a. PT Jasamarga Pandaan Malang

b. PT Sinergi Investasi Properti b. PT Sinergi Investasi Properti

17.

Deductions Ending Balance

PT Jasamarga Pandaan Malang is a joint venture between PT Jasa Marga

(Persero) Tbk, PT Sarana Multi Infrastruktur and PT PP (Persero) Tbk.

Cooperation is carried out in the services sector in the form of toll road

concession Pandaan-Malang. PT PP ( Persero ) Tbk invested in shares in PT

Jasamarga Pandaan Malang amounted to 25,200 shares or equivalent

IDR25,200,000,000 on the inclusion of PT PP ( Persero ) Tbk is entitled to

ownership of shares in PT Jasamarga Pandaan Malang by 35% .

PT Jasamarga Pandaan Malang belum menerbitkan Laporan

Keuangan tanggal 30 Juni 2016.

17.721.300.000

43.623.978.712

-

61.345.278.712

PT Jasamarga Pandaan Malang has not issued financial statements as of 30

June 2016.


Saldo Awal /

Beg. Balance

PT Jasamarga Pandaan Malang adalah badan usaha hasil

kerjasama antara PT Jasa Marga (Persero) Tbk, PT Sarana Multi

Infrastruktur dan PT PP (Persero) Tbk. Kerjasama yang dilakukan

dalam bidang jasa yang berupa pengusahaan jalan tol Pandaan-

Malang. PT PP (Persero) Tbk melakukan penyertaan saham di PT

Jasamarga Pandaan Malang sebesar 25.200 kembar saham atau

sebesar Rp25.200.000.000,- atas penyertaan tersebut PT PP

(Persero) Tbk berhak atas kepemilikan saham pada PT Jasamarga

Pandaan Malang sebesar 35%.

-

1.473.266.866

30%

Saldo Akhir /

Ending Balance


-

PT Sinergi Investasi Properti adalah badan usaha hasil kerjasama

antara BPJS Ketenagakerjaaan dan PT PP (Persero) Tbk.

Kerjasama yang dilakukan dalam bidang jasa, pembangunan dan

perdagangan umum. PT PP (Persero) Tbk melakukan penyertaan

saham di PT Sinergi Investasi Properti sebesar 27.240 kembar

saham atau sebesar Rp27.240.000.000,- atas penyertaan tersebut

PT PP (Persero) Tbk berhak atas kepemilikan saham pada PT

Sinergi Investasi Properti sebesar 20%.

49%

35% 7.400.000.000

Deductions

-

PT Sinergi Investasi Properti has not issued financial statements as of 30 June

2016.

8.873.266.866

Pengurangan /

45.097.245.578

7.400.000.000

30%

Penambahan /

Additions

PT Sinergi Investasi Properti is a joint venture between BPJS Ketenagakerjaan

and PT PP (Persero) Tbk. Cooperation undertaken in the field of services ,

construction and general trading. PT PP ( Persero ) Tbk invested in shares in PT

Sinergi Properti Investasi amounted to 27,240 shares or equivalent


ownership of shares in PT Sinergi Properti Investasi by 20% .

% Kepemilikan

/Ownerships

70.218.545.578

100.000.000

PT Sinergi Investasi Properti belum menerbitkan Laporan Keuangan

tanggal 30 Juni 2016.

-

Additions

17.721.300.000

-

49%

7.400.000.000

23.500.000.000

147.393.344.309

-

-

17.721.300.000

45.097.245.578

7.400.000.000

-

70.218.545.578

52.200.000.000

30%



-

35%

20%

-

1.374.798.731

-

23.500.000.000

77.174.798.731

52.200.000.000

17.821.300.000

46.472.044.309

-

-

-

93







c. PT Jababeka PP Properti b. PT Jababeka PP Properti

d. PT Sentul PP Properti d. PT Sentul PP Properti

e. PT Prima Multi Terminal e. PT Prima Multi Terminal

f. PT Alam Inti Energi f. PT Alam Inti Energi

17.

The Company invested in stocks of PT Alam Inti Energi in the amount of

IDR17,721,300,000 and with the investment, the Company owns 30 % of

ownership. The investment made is for geothermal electric power plant. The

investment was made since 3 November 2010.

PT PP (Persero), Tbk melakukan penyertaan saham di PT Alam Inti

Energi sebesar Rp17.721.300.000,- dan atas penyertaan tersebut PT

PP (Persero) Tbk berhak atas kepemilikan saham pada PT Alam Inti

Energi sebesar 30%. Kerjasama yang dilakukan dalam rangka akan

melakukan usaha di bidang investasi pembangkit listrik tenaga panas

bumi. Perseroan melakukan investasi sejak tanggal 3 Nopember

2010.

In 2015 there were an increase in issued and paid up capital of PT Prima Multi

Terminal IDR490,360,000,000.and changes in the procentage ownership

composition so the ownership of PT PP (Persero) Tbk change into 25%.

Pendirian Perusahaan Patungan PT Jababeka-PP Properti antara

PT PP Properti Tbk dengan PT Kawasan Industri Jababeka Tbk.

Akta Perjanjian Usaha Patungan No. 85 Tanggal 28 Januari 2016

ditandatangani dihadapan Notaris Dra. Rr. Hariyanti Poerbiantari,

S.H., M.Kn. dan Akta Pendirian Perusahan No. 9 Tanggal 4 Februari

2016 dihadapan Notaris Telly Febrianawati, S.H. Modal dasar

perusahaan Rp73.872.550.000 dengan komposisi kepemilikan

saham PT PP Properti Tbk adalah 49% atau senilai

Rp36.197.550.000. Perusahaan bergerak dibidang kegiatan usaha

bisnis properti dan realti. Luas lahan yang dikembangkan adalah

25.855 m2 yang terletak di Jl. Jababeka VIII, Kecamatan Cibitung,

Kabupaten Bekasi, Jawa Barat.

The establishment of the new company PT Jababeka-PP Properti that was

between PT PP Properti Tbk with PT Kawasan Industri Jababeka Tbk.

Certificates agreement a joint venture Number 85 dated January 28, 2016

signed by notary dra .Rr. Hariyanti Poerbiantari, S.H., M.kn. And the deed of

establishment company Number 9 dated February 4, 2016 is before notary Telly

Febrianawati, S.H. The capital base of the company Rp73.872.550.000 with the

ownership composition of share of PT.PP.Properti Tbk is 49 % or costs

Rp36.197.550.000 company move in business activities business property and

realty. Their land developed was 25.855 m2 located on Jalan Jababeka VIII

Cibitung Bekasi, West Java.

PT Prima Multi Terminal adalah badan usaha hasil kerjasama antara

PT Pelindo I (Persero), PT PP (Persero) Tbk, dan PT Waskita Karya

(Persero) Tbk. Kerjasama yang dilakukan dalam rangka

melaksanakan kerjasama pembangunan dan pengoperasian

Terminal Curah Cair Kuala Tanjung. PT PP (Persero) Tbk melakukan

penyertaan saham di PT Prima Multi Terminal sebesar

Rp52.200.000.000,- atas penyertaan tersebut PT PP (Persero) Tbk

berhak atas kepemilikan saham pada PT Prima Multi Terminal

sebesar 30%.

PT Prima Multi Terminal is a joint venture between PT Pelindo I (Persero), PT

PP (Persero) Tbk, and PT Waskita Karya (Persero) Tbk. Cooperation is done in

order to carry out joint development and operation of the Terminal Curah Cair

Kuala Tanjung. The Company invested in stocks of PT Prima Multi Terminal in

the amount of IDR52,200,000,000,- and with the investment, the Company

owns 30% of ownership.

PT Alam Inti Energi belum menerbitkan Laporan Keuangan tanggal

30 Juni 2016.

PT Prima Multi Terminal belum menerbitkan Laporan Keuangan


PT Prima Multi Terminal has not issued financial statements as of 30 June 2016.

Pada tahun 2015 terdapat peningkatan modal disetor pada PT Prima

Multi Terminal menjadi Rp. 490.360.000.000,- dan perubahan

komposisi prosentase kepemilikan sehingga kepemilikan PT PP

(Persero) Tbk menjadi 25%.

Pendirian Perusahaan Patungan PT Sentul-PP Properti antara PT

PP Properti Tbk dengan PT Sentul City Tbk. Akta Perjanjian Usaha

Patungan No. 1 Tanggal 1 Februari 2016 ditandatangani dihadapan

Notaris Emmyra Fauzia Kariana, S.H., M.Kn dan Akta Pendirian

Perusahan No. 11 Tanggal.5.Februari 2016 dihadapan Notaris

Elizabeth Karina Leonita. S.H., M.Kn. Modal dasar perusahaan

Rp100.000.000.000 dengan komposisi kepemilikan saham PT PP

Properti Tbk adalah 49% atau senilai Rp49.000.000.000.

Perusahaan bergerak dibidang kegiatan usaha bisnis properti dan

realti. Luas lahan yang dikembangkan adalah ± 10.000 m2 yang

terletak di Desa Citaringgul, Kecamatan Citeureup, Kabupaten, Jawa

Barat.

The establishment of the new company PT Sentul-PP Properti that was between

PT PP Properti Tbk with PT Sentul City Tbk. Certificates agreement a joint

venture Number 1 dated February 1, 2016 signed by notary Emmyra Fauzia

Kariana, S.H., M.kn. And the deed of establishment company Number 11 dated

February 5, 2016 is before notary Elizabeth Karina Leonita. S.H., M.kn. The

capital base of the company Rp100.000.000.000 with the ownership composition

of share of PT.PP.Properti Tbk is 49 % or costs Rp 49.000.000.000 company

move in business activities business property and realty.Their land developed

was ± 10.000 m2 located on Desa Citarinngul, Citeureup, West Java.

PT Alam Inti Energi has not issued financial statements as of 30 June 2016.

94







g. PT Muba Daya Pratama g. PT Muba Daya Pratama

Saldo 31 Desember 2013 Balance as of 31 December 2013

Bagian Laba 2014 Share of profit





Saldo 30 Juni 2016 Balance as of 30 June 2016

Jumlah Aset Total Assets

Jumlah Liabilitas Total Liabilities

Jumlah Ekuitas Total Equity

Pendapatan Revenue

Laba/ (Rugi) Bersih Setelah Pajak Profit/ (Loss) After Tax

h. PT Inpola Meka Energi h. PT Inpola Meka Energi


Bagian Laba Share of profit


Penambahan Addition




Saldo 30 Juni 2016 Balance as of 30 June 2016

- 230.730.442.645 230.730.442.645

Investasi/

1.374.798.731

31 Desember /

-

PT Inpola Meka Energi is a company dealing in Electrical Supply has been

signed Power Purchase Agreement (PPA) with PT. PLN (Persero) for Minihydro

Power Plant Lau Gunung with capacity 2 x 5.000 KW, Desa Pamah Kecamatan

Pinem Kabupaten Dairi Sumatera Utara. dated 28 December 2009. The

percentage of the Company share is 35% of the total capital.

Investasi/

-

Informasi keuangan PT Muba Daya Pratama adalah sebagai berikut:

PT Inpola Meka Energi adalah perusahaan yang bergerak di bidang

usaha penyedia tenaga listrik yang telah menandatangani Perjanjian

Jual Beli Tenaga Listrik dengan PT. PLN (Persero) untuk

Pembangkit Tenaga Listrik Tenaga Minihidro (PLTM) Lau Gunung

Kapasitas 2 x 5.000 KW, Desa Pamah Kecamatan Pinem Kabupaten

Dairi Sumatera Utara, tanggal 28 Desember 2009 (Proyek PLTM Lau

Gunung). Kepemilikan PT PP (Persero), Tbk sebesar 35% dari total

modal.

-

Investment

94.840.906.754

40.670.000.000

4.427.245.578

81.340.000.000

Perseroan melakukan investasi sejak tanggal 15 Maret 2011.

Profit (loss)

45.097.245.578

-

December 2014

PT Muba Daya Pratama is a company dealing in electric power supply: Gas

Turbin Power Plant at Talang Duku 60 MW. The percentage of the Company

share is 49% of the total capital. PT Muba Daya Pratama is in normal operation,

completing the power plant.

-

595.004.727.868

500.163.821.114

46.472.044.309

Saldo investasi pada PT Inpola Meka Energi sebesar

Rp.34.464.500.000,- adalah sebagai berikut:

7.400.000.000

127.646.078.036

7.400.000.000

- -

-

-

Profit (loss)

-

92.035.195.058

PT Muba Daya Pratama adalah perusahaan yang dibentuk dalam

rangka penyediaan daya listrik yaitu Gas Turbin Power Plant Talang

Duku 60 MW. Kepemilikan PT PP (Persero) Tbk sebesar 49% dari

total modal. Saat ini PT Muba Daya Pratama beroperasi secara

normal yaitu pengerjaan penyelesaian Power Plant.

Saldo investasi pada PT Muba Daya Pratama sebesar

Rp46.472.044.309,- adalah sebagai berikut:

The investment was made since 15 March 2011.

31 Desember /

2.805.711.696

Profit (loss)

633.322.923.100

-

81.340.000.000 242.334.531.263 323.674.531.263

34.464.500.000

40.670.000.000

31 Desember /

34.464.500.000

3.006.667.074

December 2013

113.679.889.820

Profit (loss)

December 2015

565.813.627.954

470.878.454.377

94.935.173.577

104.852.023.719

94.266.823

Jumlah /

Investment

5.802.044.309

541.287.728.042

7.400.000.000

PT Inpola Meka Energi belum menerbitkan Laporan Keuangan


242.334.531.263

Laba (Rugi) /

The balance of investment in PT Muba Daya Pratama of IDR46,472,044,309

consist of:

1.374.798.731

Jumlah /

The balance of investment in PT Inpola Meka Energi of IDR.34,464,500,000

consist of:

- 34.464.500.000

34.464.500.000

PT Inpola Meka Energi has not issued financial statements as of 30 June 2016.

Laba (Rugi) /

7.400.000.000

-

-

27.064.500.000 - 27.064.500.000

-

-

-

323.674.531.263

The following is financial information of PT Muba Daya Pratama:

17.

95







i. PT Pekanbaru Permai Propertindo i. PT Pekanbaru Permai Propertindo

(Lihat Catatan No.3l) (See Notes No3l)

18. INVESTASI JANGKA PANJANG LAINNYA OTHERS LONG TERM INVESTMENT

PT Jasamarga Manado Bitung

PT Jasamarga Balikpapan Samarinda

PT Jasa Marga Kualanamu


PT Pancakarya Grahatama

PT Mitra Cipta Polasarana

PT PP Taisei






PT PP Taisei






PT PP Taisei


17.

15,00% - 9.450.000.000 -

- 3.750.000.000

4,67% 1.631.000.000

9.450.000.000

15,00% - 16.800.000.000 - 16.800.000.000

3.750.000.000 -

Additions

12.500.000.000


% Kepemilikan Saldo Awal /

Additions Deductions

- - 418.050.000

-

-

- 1.631.000.000

15,00% 418.050.000

-

/Ownerships

-

-

PT Pekanbaru Permai Propertindo adalah badan usaha hasil

kerjasama antara PT Dwimatra Mandiri, Tn Onny Hendro Adiaksono

dan PT PP Properti. Kerjasama yang dilakukan dalam rangka

melaksanakan pembangunan Kondotel Pekanbaru Park. PT PP

Properti melakukan penyertaan saham di PT Pekanbaru Permai

Propertindo sebesar Rp23.500.000.000,-. Penyertaan saham

tersebut berdasarkan Notaris Muhammad Azhari, SH.SPN.,MH No.

01 tanggal 03 Juni 2015, kepemilikan saham PT PP Properti pada

PT Pekanbaru Permai Propertindo sebesar 20%.

73.799.050.000

15,00% - 12.000.000.000 - 12.000.000.000

- - 3.750.000.000


% Kepemilikan Saldo Awal /

6.000.000.000

Ending Balance

15,00%

Beg. Balance

PT Pekanbaru Permai Propertindo belum menerbitkan Laporan


PT Pekanbaru Permai Propertindo has not issued financial statements as of 30

June 2016.

18.

37.500.000.000

Deductions

-

12,50%

PT Pekanbaru Permai Propertindo is a joint venture between PT Dwimitra

Mandiri, Tn Onny Hendro Adiaksono and PT PP Properti. Cooperation is done in

order to carry out joint development of the Condotel Pekanbaru Park. The

Company invested in stocks of PT Pekanbaru Permai Propertindo in the amount

of IDR23.500.000.000,-. The investment are based Notary Muhammad Azhari,

SH.SPN.,MH No. 01 dated 03 June 2015. The Company owns 20% of

owneship.

-

-

-

-

- - 418.050.000

Saldo Akhir /

/Ownerships Beg. Balance Additions Deductions Ending Balance

18.000.000.000

1.631.000.000

418.050.000

67.799.050.000

50.000.000.000

15,00%

- 15,00% 12.000.000.000 6.000.000.000

12,50% 50.000.000.000


Ending Balance

-

128.549.050.000

- 1.631.000.000 - 4,67%

28.500.000.000

-

-

-

-

54.750.000.000 73.799.050.000

15,00%

4,67%

15,00%

18.000.000.000

50.000.000.000

3.750.000.000

1.631.000.000

418.050.000

46.500.000.000

50.000.000.000

3.750.000.000

1.631.000.000

418.050.000

50.000.000.000

15,00% 3.750.000.000

Penambahan / Pengurangan /

12,50%

43.299.050.000 24.500.000.000 - 67.799.050.000

15,00%

Penambahan / Pengurangan / Saldo Akhir /


30 Juni / June 2016

96






18. INVESTASI JANGKA PANJANG LAINNYA (lanjutan) OTHERS LONG TERM INVESTMENT (continued)



PT MitraCipta Polasarana

PT PP Taisei


a. PT Jasamarga Manado Bitung a. PT Jasamarga Manado Bitung

b. PT Jasamarga Balikpapan Samarinda b. PT Jasamarga Balikpapan Samarinda

c. PT Jasa Marga Kualanamu c. PT Jasa Marga Kualanamu

18.

PT Jasa Marga Kualanamu is a joint venture between PT Jasa Marga (Persero)

Tbk, PT Waskita Karya (Persero) Tbk, PT PP (Persero) Tbk and PT Hutama

Karya (Persero) Tbk. Cooperation is done in order to implement the toll road

concession-field-Kualanamu High Cliff along approximately 61.8 miles located in

Medan, North Sumatra. PT PP (Persero) Tbk invested 12,000 shares in PT Jasa

Marga Kualanamu with a value of Rp12.000.000.000, - on the inclusion of PT PP

(Persero) Tbk is entitled to ownership of shares in PT Jasa Marga Kualanamu by

15%.

12,50% 19.250.000.000 - 37.500.000.000

15,00% 3.750.000.000 - 3.750.000.000

4,67% - - 1.631.000.000

15,00% - - 418.050.000

23.000.000.000 - 43.299.050.000




20.299.050.000

-

PT Jasa Marga Kualanamu has not issued financial statements as of 30 June

2016.


PT Jasamarga Manado Bitung adalah badan usaha hasil kerjasama

antara PT Jasa Marga (Persero) Tbk, PT Wijaya Karya (Persero) Tbk

dan PT PP (Persero) Tbk. Kerjasama yang dilakukan dalam bidang

jasa yang berupa pengusahaan jalan tol Manado-Bitung. PT PP

(Persero) Tbk melakukan penyertaan saham di PT Jasamarga

Manado Bitung sebesar 9.450 kembar saham atau sebesar


berhak atas kepemilikan saham pada PT Jasamarga Manado Bitung

sebesar 15%.

PT Jasamarga Manado Bitung is a joint venture between PT Jasa Marga

(Persero) Tbk, PT Wijaya Karya (Persero) Tbk and PT PP (Persero) Tbk.

Cooperation is carried out in the services sector in the form of toll road

concession Manado-Bitung. PT PP ( Persero ) Tbk invested in shares in PT

Jasamarga Manado Bitung amounted to 9,450 shares or equivalent


ownership of shares in PT Jasamarga Manado Bitung by 15% .

Jasamarga Manado Bitung belum menerbitkan Laporan Keuangan


Jasamarga Manado Bitung has not issued financial statements as of 30 June

2016.

PT Jasamarga Balikpapan Samarinda adalah badan usaha hasil

kerjasama antara PT Jasa Marga (Persero) Tbk, PT Wijaya Karya

(Persero) Tbk, PT Bangun Tjipta Sarana dan PT PP (Persero) Tbk.

Kerjasama yang dilakukan dalam bidang jasa yang berupa

pengusahaan jalan tol Balikpapan-Samarinda. PT PP (Persero) Tbk

melakukan penyertaan saham di PT Jasamarga Balikpapan

Samarinda sebesar 16.800 kembar saham atau sebesar


berhak atas kepemilikan saham pada PT Jasamarga Balikpapan

Samarinda sebesar 15%.

PT Jasamarga Balikpapan Samarinda is a joint venture between PT Jasa Marga

(Persero) Tbk, PT Wijaya Karya (Persero) Tbk, PT Bangun Tjipta Sarana and PT

PP (Persero) Tbk. Cooperation is carried out in the services sector in the form of

toll road concession Balikpapan-Samarinda. PT PP ( Persero ) Tbk invested in

shares in PT Jasamarga Balikpapan Samarinda amounted to 16,800 shares or

equivalent IDR16,800,000,000 on the inclusion of PT PP ( Persero ) Tbk is

entitled to ownership of shares in PT Jasamarga Balikpapan Samarinda by 15%

.

PT Jasamarga Balikpapan Samarinda belum menerbitkan Laporan


PT Jasamarga Balikpapan Samarinda has not issued financial statements as of

30 June 2016.

18.250.000.000

PT Jasa Marga Kualanamu adalah badan usaha hasil kerjasama

antara PT Jasa Marga (Persero) Tbk, PT Waskita Karya (Persero)

Tbk, PT PP (Persero) Tbk dan PT Hutama Karya (Persero) Tbk.

Kerjasama yang dilakukan dalam rangka melaksanakan

pengusahaan jalan tol Medan-Kualanamu-Tebing Tinggi sepanjang

kurang lebih 61,8 km yang terletak di Medan, Sumatera Utara. PT

PP (Persero) Tbk melakukan penyertaan 12.000 lembar saham di PT

Jasa Marga Kualanamu dengan nilai sebesar Rp12.000.000.000,-

atas penyertaan tersebut PT PP (Persero) Tbk berhak atas

kepemilikan saham pada PT Jasa Marga Kualanamu sebesar 15%.

1.631.000.000

418.050.000

PT Jasa Marga Kualanamu belum menerbitkan Laporan Keuangan


97







d. PT Citra Waspphutowa d. PT Citra Waspphutowa




Pendapatan Revenue


e. PT Mitra Cipta Polasarana (PT MCPS) e. PT Mitra Cipta Polasarana (PT MCPS)

18.

31 Desember /

December 2013

881.793.065.797

596.119.002.209

285.674.063.588

-

(7.248.374.244)

31 Desember /

December 2014

1.107.819.604.567

723.561.461.448

384.258.143.119

168.561.073.121

(1.415.920.469)

The following is financial information of PT Citra Waspphutowa:

31 Desember /

December 2015

1.473.425.589.614

1.091.372.264.274

382.053.325.340

350.961.974.232

(2.204.817.778)

Pada tahun 2014 terdapat peningkatan Modal disetor pada PT Citra

Waspphutowa menjadi sebesar Rp50.000.000.000 namun tidak

merubah komposisi prosentase kepemilikan.

Informasi keuangan PT Citra Waspphutowa adalah sebagai berikut:

PT Citra Waspphutowa adalah badan usaha hasil kerjasama antara

PT Citra Marga Nusaphala Persada, Tbk, PT Waskita Karya

(Persero), PT PP (Persero), Tbk, PT Hutama Karya (Persero) dan

PT Bosowa Trading Internasional yang merupakan perusahaan

patungan di bidang Jalan Tol Ruas Depok - Antasari sesuai surat

Menteri Negara BUMN No.S-03/MBU/2006 tanggal 09 Januari 2006

perihal Persetujuan Penyertaan pada Perusahaan Patungan di

bidang Jalan Tol Ruas Depok-Antasari, dimana kepemilikan PT

Pembangunan Perumahan (Persero), Tbk adalah 12,5%. Saat ini PT

Citra Waspphutowa masih beroperasi secara normal.

PT Mitra Cipta Polasarana has not issued financial statements as of 30 June

2016.

PT MCPS adalah badan usaha hasil kerjasama antara PT PP

(Persero), Tbk, Jasindo, Kopkar Jasindo dan PT Perkantoran

Perhotelan Indonesia (PPI). Badan usaha ini bergerak dalam jasa

persewaan kantor di kawasan Menteng Jakarta. Berdasarkan risalah

Rapat Umum Pemegang Saham – Luar Biasa (RUPS-LB) PT

MitraCipta Polasarana tanggal 19 Juni 2003 tentang perubahan

modal dasar perusahaan dari Rp25.000.000.000 (dua puluh lima

milyar rupiah) menjadi Rp34.960.000.000 (tiga puluh empat milyar

sembilan ratus enam puluh juta rupiah) dimana tambahan setoran

modal berasal dari pemegang saham mayoritas, dengan keputusan

tersebut kepemilikan PT PP (Persero), Tbk sebelumnya sebesar

16% terdilusi menjadi 4,67%. Atas dasar akta nomor 18 tanggal 12

Desember 2013 oleh Notaris Ir. Nanette Cahyani Handari Adi

Warsito, SH. PT PP (Persero) Tbk melakukan Spin Off maka

kepemilikan tersebut menjadi milik PT PP Properti. Saat ini PT

MCPS masih beroperasi secara normal.

Pada tahun 2013 terdapat peningkatan Modal ditempatkan dan

Modal disetor pada PT Citra Waspphutowa menjadi sebesar

Rp37.500.000.000 namun tidak merubah komposisi prosentase

kepemilikan.

The investment was made since 24 November 1994.

In 2014 there were an increase in issued and paid up capital of PT Citra

Waspphutowa IDR50,000,000,000 but does not change the composition of the

percentage of ownership.

In 2013 there were an increase in issued and paid up capital of PT Citra

Waspphutowa IDR37,500,000,000 but does not change the composition of the

percentage of ownership.

PT MCPS is a joint venture between PT PP (Persero), Tbk, Jasindo, Kopkar

Jasindo and PT Perkantoran Perhotelan Indonesia (PPI). The line of business of

the joint venture is office space rental at Menteng area, Jakarta. Based on

minutes of the shareholders extra ordinary general meeting of PT MitraCipta

Polasarana on 19 June 2003, the shareholders agreed to increase the

authorized capital of PT MitraCipta Polasarana from IDR25,000,000,000 (twenty

five billion rupiahs) to be IDR34,960,000,000 (thirty billion nine hundred and sixty

million rupiahs) where the additional paid-in capital comes from other majority

shareholders. It resulted in decrease in the Company share from 16% to 4,67%.

Up to this date date PT MCPS is operating normally. Base on the deed No. 18

dated 12 December 2013 by Notary Ir. Nanette Cahyani Handari Adi Warsito,

SH. PT PP (Persero), Tbk do Spin Off then the ownership belongs to PT PP

Property. Currently PT MCPS is still in normal operations.

PT Citra Waspphutowa is a joint venture company between PT Citra Marga

Nusaphala Persada, Tbk, PT Waskita Karya (Persero), PT PP (Persero), Tbk,

PT Hutama Karya (Persero) and PT Bosowa Trading Internasional operating the

toll road between Depok and Antasari under the license of the Minister of State

Owned Enterprise No.S-03/MBU/2006 dated 09 January 2006 on Investment

Approval for joint operation in toll road between Depok and Antasari sector. The

ownership percentage the Company is 12,5%. Until to date PT Citra

Waspphutowa is operating normally.

Perseroan melakukan investasi sejak tanggal 24 Nopember 1994.

PT Mitra Cipta Polasarana belum menerbitkan Laporan Keuangan


98







f. PT PP (Persero) - Taisei Indonesia Construction f. PT PP (Persero) - Taisei Indonesia Construction




Pendapatan Revenue


g. PT Pancakarya Grahatama Indonesia g. PT Pancakarya Grahatama Indonesia





(Lihat Catatan No.3l) (See Notes No3l)

18.

466.746.168.869

377.952.993.088

88.793.175.781

31 Desember /

31 Desember /

31 Desember /

31 Desember /

Informasi keuangan PT PP (Persero) - Taisei Indonesia Construction

adalah sebagai berikut:

December 2015

-

1.158.829.934.132

(2.643.030.949)

Informasi keuangan PT Pancakarya Grahatama Indonesia adalah

sebagai berikut:

(5.294.501.394)

The following is financial information of PT PP (Persero) - Taisei Indonesia

Construction:

To expand sales to foreign investors, especially those from Japan, the Company

enters into cooperation with Taisei Corporation to establish construction

business under the named of PT PP - Taisei Indonesia Construction, domiciled

in Jakarta. Currently PT PP (Persero) has 15% ownership. Formerly the

ownership of PT PP (Persero) was 52%, due to unfavourable economic

conditions in Indonesia since 1997, which affected the Company's performance,

in 1998 the Company divested a large part of shares to Taisei, resulted in

decrease in its share to only 15%. Until to date PT PP - Taisei Indonesia

Construction is operating normally.

19.449.914.266 17.529.049.164

The investment was made since 8 May 1974.

PT Pancakarya Grahatama Indonesia belum menerbitkan Laporan


The following is financial information of PT Pancakarya Grahatama Indonesia:

94.264.947.503

109.794.893.592

31 Desember /

314.874.611.692

220.609.664.189

30.745.747.551

December 2015

289.737.569.153

217.560.173.781

72.177.395.372

597.105.778.253

(22.087.552.131)

Proyek Baranangsiang Bogor adalah Pembangunan Kawasan

Bisnis, Komersial, dan Hotel pada Proyek Penataan dan

Pengembangan Terpadu Terminal Baranangsiang Bogor yang

dilaksanakan oleh PT Pancakarya Grahatama Indonesia (PT. PGI).

Penyertaan PT. PP (Persero) Tbk pada proyek tersebut sebesar

15%. Atas dasar akta nomor 18 tanggal 12 Desember 2013 oleh

Notaris Ir. Nanette Cahyani Handari Adi Warsito, SH. PT PP

(Persero) Tbk melakukan Spin Off maka kepemilikan tersebut

menjadi milik PT PP Properti.

PT Pancakarya Grahatama Indonesia has not issued financial statements as of

30 June 2016.

-

-

Untuk mendapatkan pemasaran dari investor asing terutama dari

Jepang, PT PP bekerja sama dengan Taisei Corporation membentuk

badan usaha jasa konstruksi yang diberi nama PT PP - Taisei

Indonesia Construction yang berkedudukan di Jakarta. Saat ini

kepemilikan saham PT PP adalah 15%. Sebelumnya kepemilikan PT

PP adalah 52%, karena memburuknya kondisi perekonomian di

Indonesia sejak tahun 1997 yang mempengaruhi performa/ kinerja

perusahaan, pada tahun 1998 PT PP melepas sebagian besar

kepemilikannya kepada Taisei sehingga kepemilikan PT PP menjadi

15%. Saat ini PT PP - Taisei Indonesia Construction masih

beroperasi secara normal.

-

Baranangsiang Bogor Project is Development of Business Area, Commercial,

and Hotel in Integrated Structuring and Development Project Baranangsiang

Terminal Bogor which is performed by PT. Pancakarya Grahatama Indonesia

(PT. PGI). PT. PP (Persero) Tbk participation in this project is 15%. Base on the

deed No. 18 dated 12 December 2013 by Notary Ir. Nanette Cahyani Handari

Adi Warsito, SH. PT PP (Persero), Tbk do Spin Off then the ownership belongs

to PT PP Property.

December 2014

5.471.771.722

December 2014

544.934.287.507

December 2013

Perseroan melakukan investasi sejak tanggal 8 Mei 1974.

December 2013

52.280.640.484 48.274.796.715

32.830.726.218

31 Desember /

99






19. PROPERTI INVESTASI INVESTMENT PROPERTY

Harga Perolehan / At cost

Pemilikan Langsung / Direct Ownership:

Tanah / Land

Bangunan / Building

Akumulasi Penyusutan /Accumulated Depreciation


Bangunan / Building



Tanah / Land

Bangunan / Building



Bangunan / Building

55.935.935.029

-

-

-

-

Reklasifikasi/ Keuntungan

Revaluasi/

Reclasificaton/ Gain on

Revaluation

Saldo Akhir / Ending

Balance

80.119.522.430


Revaluasi/


Revaluation


Balance

22.623.474.190 56.037.264 - - 22.679.511.454

22.623.474.190 56.037.264 - - 22.679.511.454

113.375.946.005 2.875.843.950

- 110.556.139.319 136.055.457.459

-

Saldo Awal / Beg.

Balance

30 Juni / June 2016

-

136.055.457.459

Penambahan /

Additions

80.119.522.430

55.935.935.029

136.055.457.459

19.

-

22.679.511.454

22.679.511.454

113.375.946.005

22.679.511.454

113.375.946.005

-

-

-

22.679.511.455 - - 33.256.423.574 55.935.935.029

2.819.806.685 - -

25.499.318.140 -

Jumlah Penyusutan

/Total Depreciation


Saldo Awal / Beg.

Balance

Penambahan /

Additions

Pengurangan /

Deductions

Pengurangan /

Deductions

-

-

-

-

- Jumlah Penyusutan

/Total Depreciation

22.679.511.454

77.299.715.745 80.119.522.430

Nilai Buku / Net Book

Value


Value

Jumlah Harga

Perolehan / Total At

Jumlah Harga


100






19. PROPERTI INVESTASI (lanjutan) INVESTMENT PROPERTY (continued)



Tanah / Land

Bangunan / Building



Bangunan / Building



Tanah / Land

Bangunan / Building



Bangunan / Building

Jumlah Penyusutan

/Total Depreciation

Jumlah Penyusutan

/Total Depreciation

19.

22.679.511.455 - - - 22.679.511.455

29.782.135.840 - - - 29.782.135.840

22.253.151.064

22.253.151.064 233.970.540 -

2.875.843.950

7.102.624.385 - - (4.282.817.700) 2.819.806.685

22.679.511.455 -


Revaluasi/


Revaluation


Balance

7.102.624.385 - - - 7.102.624.385

22.487.121.604 136.352.586 - - 22.623.474.190

22.487.121.604 136.352.586 - - 22.623.474.190

7.295.014.236

233.970.540 - - 22.487.121.604


Saldo Awal / Beg.

Balance

Penambahan /

Additions

Pengurangan /

Deductions

Penambahan /

Additions

Pengurangan /

Deductions

25.499.318.140


Saldo Awal / Beg.

Balance

- 22.487.121.604

7.528.984.776 7.295.014.236

- - 22.679.511.455

29.782.135.840 - - (4.282.817.700)


Revaluasi/


Revaluation


Balance


Value


Value

Jumlah Harga


Cost

Jumlah Harga


101






19. PROPERTI INVESTASI (lanjutan) INVESTMENT PROPERTY (continued)

Jumlah / Total

(Lihat Catatan No.3m, 20 dan 39) (See Note No.3m, 20 and 39)

20. ASET TETAP FIXED ASSETS



Jumlah / Total

Aset Dalam Pelaksanaan / Assets in Construction

Jumlah / Total -

Mall dan Hotel/ Mall

and Hotel

Tanah / Land

- -

724.247.783.399 6.325.143.408 - - 730.572.926.807

129.154.746.000

1.212.435.667.757 28.132.200.000

867.513.856.665 94.567.480.144 - 962.081.336.809

- - 4.617.006.827

7.175.084.628 424.642.053 - - 7.599.726.681

2.370.719.201.986 173.960.243.914 (3.248.742.807) 28.132.200.000 2.569.562.903.093

15.347.579.047 13.453.585.651 - - 28.801.164.698

All of the investment property except for lands are insured against the risks of fire,

terrorism, sabotage and other risks on the basis a number insurance packages in

accordance with note 20.

30 Juni / 30 Juni / 31 Desember / 31 Desember /


- 33.312.738 56.037.264 136.352.586

- - - -

- 33.312.738 56.037.264 136.352.586

- 7.496.925.000 1.176.806.542.757

645.418.068.674 8.848.750.139 - -

Depreciation and amortization expenses of investment properties as follows:

Mesin & Peralt. /

Machinery&Equip.

507.155.485.380 156.955.177.815 (3.248.742.807) 702.972.306

654.266.818.813

- (702.972.306) 29.078.790.321

4.617.006.827 -

3.700.000.000 - - - 3.700.000.000

2.895.566.219 78.683.085

Kendaraan / Vehicles

Inventaris Kantor /

Office Equipment

Bangunan / Building

661.564.892.694

29.547.013.720 234.748.907

30 Juni / June 2016

Saldo Awal / Beg.

Balance

Penambahan /

Additions


Revaluasi/


Revaluation


Balance

Pengurangan /

Deductions

Tanah Mall / Land

MallKomersial Area /

Commercial Area

- - 2.974.249.304

66.878.250.000 - - - 66.878.250.000

54.444.678.000 74.710.068.000

Pembebanan penyusutan aset properti investasi dan amortisasi adalah

sebagai berikut:

Tanah / Land

Bangunan / Building

Mesin & Peralatan /

Machinery&Equip.

Aset Hotel / Assets

Hotel

Aset properti investasi kecuali tanah diasuransikan terhadap risiko

kebakaran, terorisme, sabotase dan risiko lainnya berdasarkan beberapa

paket polis asuransi, dengan nilai pertanggungan sesuai dengan catatan

20.

20.

233.970.540

-

233.970.540

Beban pokok penjualan / Cost of

goods sold

Beban usaha / Operating

expenses

31 Desember /

December 2013

19.

102






20. ASET TETAP (lanjutan) FIXED ASSETS (continued)


Jumlah / Total

Akumulasi Penyusutan / Accumulated Depreciation


Bangunan / Building


Jumlah / Total

Sewa Guna Usaha / Leasing


Jumlah / Total



Tanah / Land

Bangunan / Building


Jumlah / Total

Jumlah Harga


Cost

Aset Hotel / Assets

Hotel

Aset Hotel / Assets

Hotel

-

- - - 114.116.331 114.116.331

330.104.438.992 44.319.443.320 (3.248.742.794) - 371.175.139.518

- 55.207.736.001

Pengurangan /

Deductions

100.058.886.876 18.239.058.499 -

Jumlah

Akm.Penyusutan /

Total Acc.Deprec.

33.197.055.800 5.612.303.254 - - 38.809.359.054

2.989.066.252.797

1.058.508.597.382 1.176.806.542.757

312.701.146.375

702.972.306 29.547.013.720

4.580.706.827 221.300.000 (185.000.000) - 4.617.006.827

6.153.596.998 1.021.487.630 - - 7.175.084.628

847.167.665.069 375.356.967.185 (969.984.970) 1.149.164.554.702 2.370.719.201.986

3.250.794.533.522


Saldo Awal / Beg.

Balance

Penambahan /

Additions


Revaluasi/


Revaluation


Balance

25.729.897.137 9.387.800.000 -


Revaluasi/


Revaluation


Balance

55.207.736.001 - -

- 28.844.041.414 -

242.060.964.979 - 90.655.957.320 645.418.068.674

423.673.327.993 84.970.114.663 (784.984.970) (702.972.306) 507.155.485.380

163.058.378 -

(497.489.928)

3.941.911.798

7.493.785.426 33.787.784 - 7.030.083.281

296.907.383.192 38.707.140.066 (3.248.742.794) - 332.365.780.464

21.232.154.932 3.037.644.126 - - 24.269.799.058

11.964.900.868 2.574.659.128 - - 14.539.559.996

3.778.853.420

80.937.633.138 9.387.800.000 - - 90.325.433.138

3.319.170.691.789 277.915.524.058 (3.248.742.807) 28.132.200.000 3.621.969.673.040

60.665.877.471 15.486.794.433 - -

- 35.117.697.137

Penambahan /

Additions

Pengurangan /

Deductions

Mesin & Peralatan /

Machinery&Equip.

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment

Mesin & Peralatan /

Machinery&Equip.

76.152.671.904

224.968.866.875 23.023.499.471 (3.248.742.794) 383.373.597 245.126.997.149


Value

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment


20.

30 Juni / June 2016

Saldo Awal / Beg.

Balance

103








Bangunan / Building

Tanah / Land

Jumlah / Total



Jumlah / Total



Bangunan / Building


Jumlah / Total



Jumlah / Total

Aset Hotel / Assets

Hotel

- 114.116.331 - (114.116.331) (0)

- 724.247.783.399

- 66.878.250.000 - - 66.878.250.000

- 54.444.678.000

3.460.190.747 503.662.673 (185.000.000) - 3.778.853.420

5.830.049.154 1.166.246.343 - 497.489.929 7.493.785.426

73.954.029.208 (969.984.964) (361.903.749) 296.907.383.192

14.794.972.931 21.232.154.932

10.412.010.950 4.310.744.086 (2.757.854.167) - 11.964.900.868

3.319.170.691.789

6.075.288.251 - 361.893.750

- 25.729.897.137

86.878.694.137 11.691.093.142 (2.826.300.000) (14.805.854.141) 80.937.633.138

959.206.069.901 1.259.587.159.284 (3.796.284.970) 1.104.173.747.574

Jumlah

Akm.Penyusutan /

Total Acc.Deprec.

25.206.983.881 10.386.032.337

37.005.839.553 23.660.037.918 - - 60.665.877.471

177.989.163.243 48.509.965.943 (784.984.964) (745.277.347) 224.968.866.875

(2.757.854.167) 361.893.750 33.197.055.800

249.492.226.578 84.340.061.545

709.713.843.323 2.989.066.252.798

330.104.438.992

54.444.678.000

25.159.710.695 872.539.098.957 - (30.184.952.987) 867.513.856.665

65.289.897.000 4.723.693.142 - (14.805.854.141) 55.207.736.001

21.588.797.137 6.967.400.000 (2.826.300.000)

- -

(3.727.839.131) (9.999)

25.159.710.695 20.372.821.339 - (30.184.952.987) 15.347.579.047

- 3.700.000.000 - - 3.700.000.000

- 2.895.566.219 - - 2.895.566.219

- - 724.247.783.399

224.285.242.697

Jumlah Harga

Perolehan / Total

At Cost

Tanah Mall / Land

Mall


Value

20.


Saldo Awal / Beg.

Balance

Penambahan /

Additions

Pengurangan /

Deductions


Revaluasi/


Revaluation


Balance

Komersial Area /

Commercial Area

Mall dan Hotel/ Mall

and Hotel

Mesin & Peralt. /

Machinery&Equip.

Mesin & Peralatan /

Machinery&Equip.

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment

Mesin & Peralatan /

Machinery&Equip.

104









Tanah / Land

Bangunan / Building


Jumlah / Total


Bangunan / Building

Jumlah / Total



Jumlah / Total



Bangunan / Building


Jumlah / Total



Jumlah / Total

Jumlah Harga


Cost

(401.999.996)

(3.342.600.000)

(6.564.499.638)

-

-

453.361.988.623

26.261.716.041

49.443.587.089

(457.925.000)

10.744.123.512

130.907.550.779

1.828.072.514

172.945.465

14.794.972.931

10.412.010.950

168.859.676.151

-

-

(2.361.974.638)

-

-

(3.088.958.996)

83.721.509.423

-

1.957.102.608

6.059.103.685 -

Mesin & Peralatan /

Machinery&Equip.

59.608.817.948

152.831.610.030

91.604.251.538

2.775.911.827

6.484.981.998

313.305.573.341

-

-

83.721.509.423

369.640.479.200

25.206.983.881 - - 25.206.983.881

Jumlah

Akm.Penyusutan /

Total Acc.Deprec.

37.005.839.553

177.989.163.243

3.460.190.747

5.830.049.154

14.794.972.931

10.412.010.950

128.879.642.083

-

-

-

128.879.642.083

(128.879.642.083)

(128.879.642.083)

-

-

-

143.652.692.270

-

-

-

-

(2.361.974.625)

(324.984.375)

24.931.397.137

90.221.294.137

512.408.580.916

-

-

-

-

2.262.720.000

70.615.000

408.204.349.283

65.289.897.000


Saldo Awal / Beg.

Balance

Penambahan /

Additions

Pengurangan /

Deductions


Revaluasi/


Revaluation


Balance

100.058.886.876

312.701.146.375

423.673.327.993

4.580.706.827

6.153.596.998

847.167.665.069

25.159.710.695

25.159.710.695

65.289.897.000

21.588.797.137

86.878.694.137

959.206.069.901

(402.000.000)

(3.221.899.638)

(3.342.600.000)

20.

-

-

-

140.056.415.282

140.056.415.282

40.450.068.928

30.989.894.262

334.431.051.093

Inventaris Kantor /

Office Equipment

13.982.937.496

13.982.937.496

(3.088.958.996) - 224.285.242.697

-


Value

Mesin & Peralatan /

Machinery&Equip.

249.492.226.578

709.713.843.323

-

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment

Mesin & Peralatan /

Machinery&Equip.

105









Tanah / Land

Bangunan / Building


Jumlah / Total


Bangunan / Building

Jumlah / Total



Bangunan / Building


- -

41.070.700.526

20.

47.928.578.171 43.675.673.367 - -

32.505.972.936

26.576.624.280

14.494.076.246

The total fixed assets are pledged as collaterals credit facilities from banks.

59.325.635.865

21.286.576.550

80.612.212.415

26.458.973.010

6.046.999.926

91.604.251.538

366.380.827 2.409.531.000 - - 2.775.911.827

6.110.520.998 374.461.000 - - 6.484.981.998

221.563.327.832 91.742.245.509 - - 313.305.573.341

- - 140.056.415.282

115.552.073.958

Pembebanan penyusutan aset tetap adalah sebagai berikut:

20.648.726.654 5.612.989.387 - -


June 2016

476.363.253 - -

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment

Mesin & Peralatan /

Machinery&Equip.

Inventaris Kantor /

Office Equipment

156.941.268.758

8.829.448.397

165.770.717.155

369.640.479.200


Depreciation expenses of fixed assets as follows:

Thirty one land sites (building concession - SHGB), buildings and facilities of

142,944 square meters located at separate areas in Jakarta, West Java, Central

Java, East Java, Bali, West Nusa Tenggara, Lampung, Bengkulu, and North

Sumatra and a piece of land SHP of 788 square meters in Jakarta and two

pieces of lands of 1,848 square meters located in Jakarta and West Java,

pledged as collaterals to PT Bank Mandiri (Persero), Tbk.

Berupa 31 (tiga puluh satu) bidang tanah SHGB, bangunan dan

sarana pelengkap seluas 142.944 m2 yang letaknya tersebar di

Jakarta, Jawa Barat, Jawa Tengah, Jawa Timur, Bali, Nusa

Tenggara Barat, Lampung, Bengkulu dan Sumatera Utara, dan 1

(satu) bidang tanah SHP seluas 788 m2 di Jakarta serta 2 (dua)

bidang tanah SHGB seluas 1.848 m2 yang terletak di Jakarta dan

Jawa Barat dijadikan sebagai jaminan pada PT Bank Mandiri

(Persero), Tbk.

6.059.103.685

71.874.631.726 11.846.877.697 - - 83.721.509.423

265.240.770.064

Jumlah Harga


Cost

24.504.341.324

Jumlah

Akm.Penyusutan /

Total Acc.Deprec.

30 Juni / 30 Juni /

140.056.415.282

June 2015

- 49.443.587.089

212.449.575 1.744.653.033 - - 1.957.102.608

5.582.740.432

- -

31 Desember /

December 2013

5.849.197.975 Beban pokok penjualan / Cost of

goods sold

Beban usaha / Operating

expenses

5.997.679.722

Jumlah / Total 11.846.877.697

116.246.586.833 -

26.261.716.041

45.430.715.065 4.012.872.024 -


Saldo Awal / Beg.

Balance

Penambahan /

Additions

Pengurangan /

Deductions


Revaluasi/


Revaluation


Balance

59.608.817.948 - - - 59.608.817.948

107.549.029.888 45.282.580.142 -

- 453.361.988.623 337.115.401.790

Dari jumlah aset tetap tersebut di atas, telah dijaminkan atas fasilitas

yang diperolah Perusahaan kepada Bank, sebagai berikut:

- 152.831.610.030

115.552.073.958 24.504.341.324


Value

106







- -

- -

- -

PT Jasindo Rp.

PT Jasindo Rp.

PT Jasindo Rp.

PT Jasindo Rp.

PT Jasindo Rp.

PT Asuransi Tugu Kresna Pratama Rp.

PT Asuransi Wahana Tata Rp.


PT Asuransi Wahana Tata $



PT Asuransi Wahana Tata $

PT Asuransi Himalaya Pelindung Rp.

Sifat hubungan Perusahaan Asuransi dengan Perseroan merupakan

pihak ketiga.

28-10-2015 - 28-10-2016

28-9-2015 - 28-9-2016

Seluruh HGB atas tanah dan bangunan yang tercatat dalam daftar

aset tetap perusahaan sudah atas nama perusahaan.

A piece of land, building, and warehouse, located at Sidoarjo District, East Java,

pledged as collaterals to PT Bank BRI (Persero), Tbk.

20.

022.4050.201.2015.001186.00

28-9-2015 - 28-9-2016

28-9-2015 - 28-9-2016

01-11-2015 - 01-11-2016

3.889.849.200

48.448.964.000

Period of Insurance

The company still using fixed asset with book value IDR116, with cost value

IDR30,504,381,530 after depreciated value IDR30,504,381,414.

Sebidang tanah HT, bangunan, gudang, yang terletak di Kabupaten

Sidoarjo Jawa Timur dijadikan sebagai jaminan pada PT Bank BRI

(Persero), Tbk.

022.4050.501.2015.000011.00

Aset dalam pelaksanaan per 31 Desember 2015, 2014 dan 2013 masing-

masing sebesar Rp867.513.856.665,-; Rp25.159.710.695 dan

Rp140.056.415.282,- saat ini dalam proses penyelesaian.

Asset under construction presented on 31 December 2015, 2014 and 2013 in

amount of IDR867,513,856,865. IDR25,159,710,695. and IDR140,056,415,282 now

under accomplishment.

Nilai pasar atas tanah dan bangunan yang dijaminkan sebesar

Rp318.925.375.273

Berdasarkan penelaahan Manajemen, tidak terdapat peristiwa atau

perubahan keadaan yang mengindikasikan penurunan nilai aset tetap,

sehingga Manajemen tidak melakukan penyisihan penurunan nilai aset

tetap pada 31 Desember 2015, 2014 dan 2013.

202.229.200.15.00050

Nomor Polis /

Aset tetap kecuali tanah diasuransikan terhadap terhadap risiko

kebakaran, terorisme, sabotase dan risiko lainnya berdasarkan

beberapa paket polis asuransi, dengan nilai pertanggungan sebagai

berikut:

14.099.325.261

90.000.000.000

48.448.964.000

All of the fixed assets except for lands are insured against the risks of fire,

terrorism, sabotage and other risks on the basis a number insurance

packages at the following amounts:

Nilai Pertanggungan /

022.4050.202.2015.000193.00

202.406.200.15.00043

202.716.200.15.00052

202.404.200.15.00044

202.223.200.15.00053

022.4050.202.2015.000196.00

022.4050.201.2015.001274.00

Penanggung /

1.000.000

10011514160100053

Jangka Waktu /

155.000.000

Perseroan masih menggunakan Aset Tetap dengan nilai buku sebesar

Rp116, dengan nilai perolehan sebesar Rp30.504.381.530 yang telah

disusutkan sebesar Rp30.504.381.414.

The relationship of the Company with the insurance company is at arm's length.

14-01-2016 - 14-01-2017

Manajemen berpendapat bahwa nilai pertanggungan tersebut cukup

untuk menutupi kemungkinan kerugian atas aset yang

dipertanggungkan.

25-11-2015 - 25-11-2016 60.000.000.000

60.000.000.000

Market value of the land and building as collateral amounted IDR318,925,375,273

022.4050.501.2015.000012.00

6.223.219.672

1.000.000

09-02-2016 - 09-02-2017

01-11-2015 - 01-11-2016

1.000.000.000

Based on management's review, there are no events or changes in circumstances

which indicated impairment of the carrying amount of the fixed assets. Management

did not perform allowance of impairment of fixed assets as of 31 December 2015,

2014 and 2013.

25-11-2015 - 25-11-2016

01-11-2015 - 01-11-2016

28-9-2015 - 28-9-2016

Insurance Policy

03M16021560001

Certificate NumberInsurance Company

The Company holds the title deed to all of the buildings and land concessions

presented in the statement of financial position.

90.000.000.000

The management believes that the insurance coverage is adequate to cover all

possible losses on the assets insured.

25-11-2015 - 25-11-2016

107






21. PENILAIAN KEMBALI ASET TETAP DAN PROPERTI INVETASI REVALUATION OF FIXED ASSET AND INVESTMENT PROPERTY

Aset Tetap Fixed Assets

Tanah Land

Mesin & Peralatan Machinery&Equip.

Jumlah Total

Pajak Penghasilan Final Revaluasi Final Income Tax of Revaluation

Jumlah Total

Properti Investasi Investment Property

Tanah Land

Bangunan Building

Sub Jumlah Sub Total

Aset Tetap Fixed Assets

Tanah Land

Bangunan Building

Sub Jumlah Sub Total

Jumlah Total

Pajak Penghasilan Final Revaluasi Final Income Tax of Revaluation

Jumlah Total

(Lihat Catatan No. 3n, 20, dan 38) (See Notes No. 3n, 20 and 38)

22. ASET TIDAK BERWUJUD INTANGIBLE ASSETS

Pada tahun 2016, penilaian kembali tersebut dilakukan oleh Penilai

Independen KJPP Andang Kosasih, Maman Firmansyah, Agus

Prihatanto & Rekan tertanggal 25 April dan 25 Mei 2016 sebagai berikut:

In 2016, the revaluation has been conducted by independent appraisal KJPP

Andang Kosasih, Maman Firmansyah, Agus Prihatanto & Partners dated 25 April

and 25 Mei 2016 as follows:

22.

-

63.383.187.383

-

1.193.468.915.718

-

1.193.468.915.718

21.

Pada tahun 2016 dan 2015, Perseroan telah melakukan penilaian

kembali atas aset tetap dan properti investasi yang dimilikinya. Penilaian

kembali tersebut dilakukan berdasarkan Peraturan Menteri Keuangan

No.PMK 191/PMK.010/2015 tanggal 15 Oktober 2015.

In 2016 and 2015, The Company revaluated its fixed assets and investment

property. These revaluation has been conduted according to the Regulation of

Minister of Finance No.PMK 191/PMK.010/2015 dated October 15, 2015.

And, in 2015, the revaluation has been conducted by independent appraisal KJPP

Yanuar Bey & Partners dated 23 December 2015, as follows:

33.256.423.574

1.061.658.722.382

58.095.444.333

1.119.754.166.715

51.430.700.000

87.380.000.000

23.298.500.000

49.567.107.801

-

63.383.187.383

Nilai Buku / Book Value Nilai Pasar/ Revaluasi/

Market Value/

Revaluation

Aset tidak berwujud merupakan software akuntansi yang masih dalam

proses pengembangan, prosentase jumlah tercatat terhadap nilai kontrak

sebesar 33,48%, tidak ada hambatan dalam proses pelaksanaan.

80.119.522.430

33.256.423.575

113.375.946.005

77.299.715.745

Keuntungan Revaluasi/

Gain on Revaluation

Sedangkan pada tahun 2015, penilaian kembali dilakukan oleh Penilai

Independen KJPP Yanuar Bey & Rekan tertanggal 23 Desember 2015,

sebagai berikut:

28.132.200.000

37.812.892.199

Intangible assets is accounting software that is still in the process of development,

the percentage of the carrying amount of the contract value of 33.48%, there is no

obstacle in the process of implementation.

(2.561.904.816)

63.383.187.383

Nilai Buku/ Book Value Nilai Pasar/ Revaluasi/

Market Value/

Revaluation

Selisih Lebih Revaluasi/

Surplus on Revaluation

72.865.607.801 65.945.092.199 138.810.700.000

2.819.806.685

1

2.819.806.686 110.556.139.319

1.193.468.915.718

1.157.249.170.108

169.744.035.720

1.326.993.205.828

1.440.369.151.833



1.895.934.391 1.121.447.184 881.771.194 -

95.590.447.726

111.648.591.387

207.239.039.113

210.058.845.799 1.230.310.306.034

(36.841.390.316)

108






23. UTANG BANK - JANGKA PENDEK SHORT TERM - BANK LOANS


PT Bank BOT

PT Bank Niaga Tbk

PT Bank DBS

PT Bank DKI

PT UOB



PT BRI (Persero) Tbk

PT BNI (Persero) Tbk



a. a.

Fasilitas kredit pada induk perusahaan - PT PP (Persero) Tbk: Credit facilities in parent company - PT PP (Persero) Tbk:

- = - =

- = - =

- = - =

- = - =

PT Bank BOT PT Bank BOT

Plafon Pinjaman

Masa Pinjaman

Perjanjian pinjaman juga mencakup persyaratan tertentu untuk menjaga

Rasio Lancar (Current ratio) minimal 1.0 kali, Total Hutang terhadap

Ekuitas maksimal 3.5 kali dan mempertahankan kepemilikan saham

oleh Pemerintah Indonesia lebih dari 51%. Selain itu, untuk tidak

melakukan hal-hal berikut tanpa persetujuan tertulis terlebih dahulu dari

pihak bank, antara lain menjual atau mengalihkan hak atau

menyewakan seluruh atau sebagian aset, kecuali dalam rangka

menjalankan usaha sehari-hari, menjaminkan kekayaan kepada pihak

lain, kecuali menjaminkan kepada Bank sebagaimana tercantum dalam

perjanjian, mengadakan perjanjian dengan pihak ketiga yang dapat

berpotensi membahayakan aktifitas atau kelangsungan usaha

peminjam, memberikan pinjaman atau menerima pinjaman dari pihak

ketiga, mengadakan perubahan dari sifat dan kegiatan usaha,

mengubah susunan para pemegang saham dan nilai saham,

melakukan perubahan terhadap struktur permodalan perusahaan antara

lain peleburan, penggabungan dan pengambilalihan.

The loan agreement includes certain covenants to maintain financial

Current Ratio minimum 1.0 times, total liability to equity maximum 3.5

times and maintaining shareholding by the Government of Indonesia

more than 51%. Moreover, no to perform the following without prior written

consent from the bank, among others to sell or transfer the rights or rent

the whole or part of assets, except to run the business day-to-day

activities, pledge assets to another party, except offers to the Bank as

specified in the agreement, involved into an agreement with a third party

that could be potentially harm the activities or business continuity to

borrow, lending or accepting a loan form a third party, hold a change of

properties and operations, changing the arrangement of the shareholders

and the value of stocks, made changes to the capital structure, among

others are merger and acquisition.

2) JIBOR + 2% 2) JIBOR + 2%

Piutang Usaha

The Loan Ceiling

Period Loans

Margin Rate

Guarantee

IDR 500,000,000,000

1 year

1) LIBOR + 1,85%

Account Receivables

Sesuai dengan akta no.16-0137LN tanggal 22 Maret 2016 perihal

perjanjian kredit modal kerja dengan persyaratan sebagai berikut:

In accordance with no.16-0137LN deed dated 22 March 2016 concerning

working capital credit agreement with the following requirements :

Tingkat Margin

Jaminan

Rp 500.000.000.000,-

1 tahun

1) LIBOR + 1,85%

23.

1.001.528.978.624 646.989.651.500 618.407.945.355 624.377.071.477

201.888.555.994 205.034.737.872 62.550.182.468 141.571

54.999.955.000 54.557.819.893

205.000.000.000 50.048.673.214 25.000.000.000

162.488.493.661

67.542.170.303 -

- 3.246.857.359 2.521.133.327 -

316.110.461.349 199.143.037.687 90.063.303.630 31.888.656.369 Sub Jumlah Pihak Ketiga / Sub Total Third

Parties

200.268.993.335

40.250.690.534 20.797.703.377 115.000.000.000

10.000.000.000 50.000.000.000 50.000.000.000 40.500.000.000


Related Parties

1.576.175.021.614 1.147.275.079.906 801.804.504.414 804.877.213.048

Jumlah Utang Bank - Jangka Pendek / Total

Short Term - Bank Loans

1.892.285.482.963 1.346.418.117.593 891.867.808.044 836.765.869.417



200.000.000.000 - - -

61.110.506.349 51.263.282.423 20.000.000.000 31.888.656.369

- - 90.075.078.012 -

109






23. UTANG BANK - JANGKA PENDEK (lanjutan) SHORT TERM - BANK LOANS (continued)

b.

- = - =

- = - =

- = - =

- = - =

c. c.


1) Fasilitas KMK - Transaksional 1)

- Limit Kredit = - Credit Limit =

- = - Purpose of Use =

- Tingkat Bunga = - Interest rate =

2) Fasilitas Kredit Modal Kerja (KMK) - PRK 2)


- Tujuan Penggunaan = - Purpose of Use =


3) Fasilitas LC & SKBDN 3)


- = -

- Provisi = - Provision =

IDR 200,000,000,000

b.

The bank debt on Subsidiary PT PP Precast, according deed no.13 dated July

10, 2014 concerning the working capital loan agreement. The facility has been

extended recently by letter Number 715/VII/DBSI IBG-JKT/2016 on July 13,

2015 starting from July 10, 2016 until September 10, 2016 with the following

requirements:

Masa Pinjaman

11,56%

Procurement projects .Type of Bank

Guarantee

Working Capital Facility - PRK

PT Bank DKI

LC & SKBDN Facility

9,5% p.a.

IDR125,000,000,000.

Working Capital Facility - Transactional

Utang kepada PT Bank DKI merupakan pinjaman atas fasilitas Kredit

Modal Kerja (KMK) Revolving dan Non Cash Loan (NCL), sesuai

dengan surat PT Bank DKI No.413/GKK/V/2013 tanggal 27 Mei

2013 tentang Surat Pemberitahuan Persetujuan Kredit (SPPK)

kepada PT Pembangunan Perumahan (Persero) Tbk, fasilitas

tersebut telah diperpanjang dengan surat No.909/GKK/VII/2015

tanggal 06 Juli 2016 terhitung mulai 29 Mei 2015 sampai dengan 29

Mei 2016. Perpanjangan terakhir sampai dengan 29 Mei 2017

dengan ketentuan dan syarat-syarat sebagai berikut:

Rp 200.000.000.000,-

Period Loans

Rp175.000.000.000,-.

PT Bank DBSPT Bank DBS

Pengikat jaminan sesuai dengan

akta no.13 tentang pengikat

secara cessie, jaminan

perusahaan.

=

IDR175,000,000,000.

Adalah utang bank atas Entitas Anak PT PP Pracetak, sesuai akta

no.13 tanggal 10 Juli 2014 perihal perjanjian kredit modal kerja.

Fasilitas tersebut telah diperpanjang dan terakhir dengan surat No.

715/VII/DBSI IBG-JKT/2016 Tanggal 13 Juli 2015 terhitung 10 Juli

2016 sampai dengan 10 September 2016 dengan persyaratan

sebagai berikut:

Kebutuhan Operasional

Perusahaan.

Operational needs of the Company.

9,5% per tahun.

The Loan Ceiling

9,5% per tahun.

Jenis Bank Garansi

Rp100.000.000.000,-.

0.5% p.q (of nominal L/C) plus the cost of

telex/SWIFT does not include confirming the

fee if any.

1 tahun

PT Bank DKI

IDR100,000,000,000.

Pengadaan barang proyek-proyek.

9,5% p.a.

Additional working capital to work government

and Private Project.

Plafon Pinjaman

Tambahan modal kerja untuk

mengerjakan proyek-proyek APBN,

APBD dan Swasta.

23.

Rp125.000.000.000,-.

Tingkat Bunga

1 year

The loan facility from PT Bank DKI is a Working Capital Loan - Revolving, Cash

and Non Cash Loan (NCL) based on the letter from PT Bank DKI No.

413/GKK/V/2013 dated 27 May 2013 on credit facility offering (SPPK), By the

letter No.909/GKK/VII/2015 dated 6 July 2015 the facility was extended effective

29 May 2015 until 29 May 2016. The latest extension until May 29, 2017 under

the following terms and conditions:

11,56% Interest Rate

The binder according to the deed

guarantees about the binder cessie

no.13, assurance companies.

GuaranteeJaminan

Tujuan Penggunaan

0,5% p.q (dari nominal L/C)

ditambah biaya telex/SWIFT belum

termasuk confirming fee bila ada.

110







c. c.

Fasilitas kredit pada entitas anak - PT PP Pracetak : Credit facility in subsidiary - PT PP Pracetak :

1) Fasilitas KMK - Transaksional 1)




2) Fasilitas Kredit Modal Kerja (KMK) - PRK 2)




3) Fasilitas Bank Garansi 3)


- = -

- Provisi = a. - Provision = a.

b. b.

c. c.

d. d.

e. e.

- Tagihan proyek yang diikat secara fidusia dan cessie. - - Bills projects tied fiduciary and cessie.

- Deposito Dan Bilyet Deposito sebesar Rp25.000.000.000,-. - - Deposits and Bilyet Deposits amount IDR25,000,000,000.

d. d.

23.

PT Bank DKI PT Bank DKI

Bank UOB

Performance Bond 0.5% per quartely.

Bank Guarantee Facility

Bank Garansi Pelaksanaan

Pekerjaan 0,5% per triwulanan.

Bank Garansi Tender 0,25% per

triwulanan.

Bank UOB

IDR20,000,000,000.Rp20.000.000.000,-.

Adalah utang bank atas Entitas Anak PT PP Peralatan. Pinjaman

pada Bank UOB merupakan pinjaman investasi, dengan tingkat

bunga efektif 11% per tahun, jangka waktu 60 bulan, dengan

jaminan aset bekisting dan kolom service senilai

Rp12.615.563.463,61, satu cranes senilai Rp3.817.489.030, serta

primary dan secondary speed senilai Rp7.561.213.143.

11,75% p.a.

Tujuan Penggunaan

Payment Bond 0.5% per quartely.

Rp28.000.000.000,-.

Bank Garansi Tender, Uang Muka,

Pelaksanakan Pekerjaan,

Pemeliharaan, dan Pembayaran.



Advance Bond 0.5% per quartely.

Retention Bond 0.5% per quartely.

Bank Garansi Uang Muka 0,5%

per triwulanan.

11,75% per tahun.

Working Capital Facility - PRK

Bank Garansi Pemeliharaan

0,5% per triwulanan.

Tender Bond 0.25% per quarterly.

11,75% p.a.

IDR2,000,000,000.



APBD dan Swasta.

Bank Garansi Pembayaran 0,5%

per triwulanan.

Jaminan atas fasilitas-fasilitas yang diberikan oleh PT Bank DKI


Collateral for the facilities provided by PT Bank DKI is as follows:



APBD dan Swasta.

= Tender Bond, Advance Bond, Performance

Bond, Retention Bond, Payment Bond.




Utang Bank Jangka Pendek kepada Bank DKI sesuai Surat

No.370/GKK/V/2014 tanggal 5 Mei 2014 perihal Perjanjian Kredit

Modal Kerja. Fasilitas tersebut telah diperpanjang dan terakhir

dengan surat No. 897/GKK/VII/2015 tanggal 1 Juli 2015 terhitung

mulai 29 Mei 2015 sampai dengan 29 Mei 2016. Fasilitas tersebut

telah diperpanjang dengan Akta No. 3 Tanggal 25 Mei 2016 terhitung

mulai 29 Mei 2016 sampai dengan 29 Mei 2017 dengan ketentuan

dan syarat-syarat sebagai berikut:

Tujuan Penggunaan

Short-Term Bank Debt to Capital City Bank in accordance Letter 370 / GKK / V /

2014 dated May 5, 2014 Working Capital Loan Agreement subject to the

following requirements. The facility is extendable and the latest was with the

letter No. 897/GKK/VII/2015 dated 1 July 2015 the facility was extended effective

29 May 2015 until 29 May 2016.The facilities have been extended by Deed

Number 53 Dated July 25, 2016 counted from May 29, 2016 until May 29, 2017

under the following terms and condition:

Type of Bank

Guarantee

IDR28,000,000,000.

Rp2.000.000.000,-.

Jenis Bank Garansi

11,75% per tahun.

Is Loan for subsidiary company PT PP Peralatan. The loan from Bank UOB is a

investment loan with an interest rate of 11% per annum, for 60 months, the

collateral to the loan is bekisting and colom service assets amounted to

IDR12,615,563,463.61, a cranes amounted IDR3,817,489,030, and primary and

secondary speed amounted IDR7,561,213,143.

111







e. PT Bank Mandiri (Persero) Tbk e. PT Bank Mandiri (Persero) Tbk


1) 1

)

Working Capital Loan Facility - Revolving

- Limit Kredit = Rp100.000.000.000,-. - Credit Limit =


- Tingkat Bunga = - Interest Rate =

- Jaminan = - Guarantee =

2) 2

)- Limit Kredit = Rp1.500.000.000.000,-. - =

- Tujuan Penggunaan = - =



3) 3

)- Limit Kredit = Rp100.000.000.000,-. - =

- = - =



23.

Dikaitkan dengan agunan fasilitas

kredit PT PP (Persero), Tbk di Bank

Mandiri lainnya

The collateral is related to the Company's

credit facility collaterals to other offices of Bank

Mandiri.



Mandiri lainnya



Mandiri.

Fasilitas KMK - Transaksional

9,75% per tahun, dibayar efektif

setiap bulan dan dapat berubah

sesuai ketentuan yang berlaku di

PT Bank Mandiri (Persero) Tbk.



Mandiri.

9,75% per annum, payable effectively monthly

and is adjustable in conformity with the

prevailing regulations.

IDR100,000,000,000.

The loan facility from PT Mandiri Bank (Persero) Tbk is a working Capital Loan -

Revolving, Cash and Non Cash Loan (NCL) under the deed No.33 dated 16 May

2000 of the notary Raharti Sudjardjati SH and the letter from PT Bank Mandiri

(Persero) Tbk No.CBG.ONE/45/2005 on credit offer to the Company for

extension of the working capital loan facility period, non cash loan additional

facility and permit for issuance medium term notes. The facility is extendable and

the latest was with the letter from PT Bank Mandiri (Persero) Tbk

No.TOP.CRO/CLA.086, 283, 284 & 285/ADD/2015 date 13 May 2015. The

facility was temporary extended until 15 May 2017.

Pembiayaan modal kerja usaha

jasa-jasa konstruksi dan properti.



Mandiri lainnya.

Credit Limit

Plafond pembiayaan atas tagihan

Subkontraktor kepada PT PP

(Persero), Tbk yang dikelola

Commercial Banking dan

pembiayaan atas tagihan SCF.

IDR100,000,000,000.

Purpose of UseTambahan modal kerja.

Utang kepada PT Bank Mandiri (Persero) Tbk merupakan pinjaman

atas fasilitas Kredit Modal Kerja (KMK) Revolving, Cash Loan, dan

Non Cash Loan (NCL), sesuai dengan akte perjanjian modal kerja

No.33 tanggal 16 Mei 2000 notaris Raharti Sudjardjati SH dan surat

PT Bank Mandiri (Persero) Tbk No.CBG.ONE/45/2005 tentang surat

Penawaran Pemberian Kredit kepada PT Pembangunan Perumahan

(Persero) untuk perpanjangan masa fasilitas kredit modal kerja,

tambahan plafon fasilitas non cash loan dan izin penerbitan medium

term notes. Fasilitas tersebut dapat diperpanjang dan terakhir

dengan Surat PT Bank Mandiri (Persero) Tbk

No.TOP.CRO/CLA.086, 283, 284 & 285/ADD/2015 tanggal 13 Mei

2015, terhadap fasilitas tersebut diatas dilakukan perpanjangan

sampai dengan tanggal 15 Mei 2017.

9,4% per tahun, dibayar efektif




Fasilitas Kredit Modal Kerja (KMK) - Revolving

Credit Limit

Tujuan Penggunaan

Tujuan Penggunaan

Fasilitas KMK - Subkontraktor Working Capital Loan Facility- Subcontractor

10% per annum, payable effectively monthly



Additional working capital.

Purpose of Use Funding ceiling upon payable of subcontractors

by PT PP (Persero), Tbk which is managed by

Commercial Banking and for SCF funding.


10% per tahun, dibayar efektif




Working capital of construction and property

business activitie.

IDR1,500,000,000,000.

9.4% per annum, payable effectively monthly



112








4). 4

) - Limit Kredit = Rp7.000.000.000.000,-. - =

- = a. - = a.

b. b.

c.

- Jaminan = a. - Guarantee = a.

- -

- -

b. b.

c. c.

d. d.

5) 5

)- Limit Kredit = USD31.500.000,-. - =

- = - =


Aset Tetap

Fidusia atas Piutang Dagang

serta Inventory Sebesar

Rp1.185.773 juta

12 bidang tanah berikut

bangunan a.n PT PP

Sebesar Rp137.149 juta

25 bidang tanah berikut

bangunan a.n PT PP Properti

Sebesar Rp223.780 juta

Cessie atas kontrak yang

diperoleh PT PP

Surat Deposito Berjangka

Senilai Rp15.200 juta

Fixed Assets

12 lots of land including building in the

name of PT PP amounting to

IDR137,149 billion

25 lots of land including building in the

name of PT PP Property amounting to

IDR223,780 billion

Fiduciary amounting to IDR1,185,773 billion

on Trade Receivables and Inventory

Cessie on Contracts obtained by PT PP

The Letter of TimeDeposits amounting to

IDR15,200 billion

Agunan fixed asset dan non fixed

asset untuk fasilitas KMK tersebut

di atas merupakan joint collaterall

dan cross default dengan jaminan

fasilitas KMK Transaksional, KMK

Revolving, KMK Sub-Kontraktor,

NCL, Supplier Financing, dan

Treasury Line.

Collateral fixed assets and non-fixed assets for

Credit facility mentioned above is the joint

collaterall and cross default bail Transactional

Credit facility, KMK Revolving, KMK Sub-

Contractors, NCL, Supplier Financing and

Treasury Line.

IDR7,000,000,000,000.

Jaminan penawaran,

pelaksanaan, uang muka,

pemeliharaan,pembayaran,

counter guarantee,

penangguhan bea masuk.

Tujuan Penggunaan

23.

Purpose of Use

Treasury Line Facility

Pinjaman bank mencakup persyaratan dan pembatasan tertentu

antara lain menyampaikan laporan proyek yang dibiayai sebagai

underlying penarikan fasilitas cash loan maupun non cash loan

(khususnya LC/SKBDN dan Supplier Financing) secara rutin

setiap triwulan paling lambat 60 hari setelah tanggal laporan.

Bank loans include certain requirements and restrictions, among others to

submit a report financed project as the underlying withdrawing cash loan and

non-cash loan (especially LC / SKBDN and Supplier Financing) regularly

every quarter at the latest 60 days after the date of the report.

USD31,500,000.

Bid Bond, Performance Bond, Advance

Bond, , Retention Bond, Payment Bond,

Counter Guarantee and Custom Bond.

LC/SKBDN.

Untuk transaksi treasury dalam

rangka membayar/ melunasi

kewajiban LC Impor / SKBDN yang

akan jatuh tempo.

Tujuan Penggunaan

Switchable untuk penerbitan BG

dan LC/SKBDN. Total

outstanding SKBDN/LC

termasuk akseptasi maksimal

sebesar Rp2.600 miliar dengan

sublimit TR sebesar Rp780

miliar.

Credit Limit

Credit Limit



Mandiri.



Mandiri lainnya.

Purpose of Use

LC/SKBDN.

Fasilitas Treasury Line

Fasilitas Non Cash Loan (NCL) Non Cash Loan Facility

Bank Garansi. Bank Guarantee.

For treasury transactions in order to pay / settle

the LC obligation Import / SKBDN maturing.

Switchable for publishing BG and LC /

SKBDN. Total outstanding SKBDN / LC

including acceptances maximum of

IDR2,600 billion by sublimit TR IDR780

billion.

113








Fasilitas kredit pada entitas anak - PT PP Peralatan : Credit facility in subsidiary - PT PP Peralatan:

Fasilitas kredit pada entitas anak - PT PP Pracetak Credit facility in subsidiary - PT PP Pracetak

- Limit Kredit = Rp. 20.000.000.000,- - =

- Masa Pinjaman = - =

- Tingkat Bunga = - =


f. f.


1. 1

.- = - Credit Limit = IDR100,000,000,000.


- = - Interest Rate =

- Jaminan = - - Guarantee = -

- -

- -

- -

23.

Piutang usaha senilai

Rp500.000.000.000,- yang diikat

secara fidusia.

Pada tahun 2008 perusahaan mendapat fasilitas kredit sebesar

Rp450.000.000 dari Bank Mandiri dengan perjanjian kredit No.

SBDC.Desk.JPR/0039/2014 tanggal 1 Juni 2014 dengan tingkat

bunga 1,5% p.a floating rate diatas suku bunga deposito yang

dijaminkan, jatuh tempo pinjaman ini adalah bulan September 2015

hingga per 31 Desember 2015 menyisakan saldo kredit sebesar Rp

0,-.


Rp6.600.000.000.000,- yang

diikat secara cessie.

The loan from PT BRI (Persero), Tbk is a working capital loan (WCL) and

construction WCL, NCL and PJI under the deed No.02 dated 7 July 2006 of the

notary Emi Susilowati SH in Jakarta. The facility is extendable, the latest was

by the letter R.II.188-ADK/DKR-2/06/2015 dated 26 June 2015. The loan facility

was extended effective 7 June 2015 up to 7 June 2016. The Facility has been

extended until June 7, 2017 under number R.II.143 - ADK / DKR - 2 / 06 / 2016

dated June 17, 2016 with the following details:

Trade receivables amounting

IDR6,600,.000,000,000 bound of cessie.

Pengikatan jaminan sesuai Akta

No. 29 tentang pengikatan secara

cessie

As set out in the Deed Number 29, the

company guarantee.

9,35% per tahun, tarif bunga

tersebut dapat berubah sesuai

ketentuan yang berlaku di PT Bank

Rakyat Indonesia (Persero) Tbk.

A short term bank loans from Mandiri Bank in accordance with deed number 29

dated June12, 2015 on Working Capital Loan Agreement Subject and have been

extended by agreement letter Number OPS.CRO/CCL.248ADD/2016 under the

following terms and conditions:

Tingkat Bunga

1 Year

Limit Kredit

9,35% p.a, the interest rates is adjustable in

conformity with the prevailing regulations.

Trade receivables amounting

IDR500,000,000,000 bound of fiduciary.

Modal Kerja Operasional.

Deposits amount IDR15,000,000,000.Deposito sebesar

Rp15.000.000.000,-.

10,50% Rate of Interest

PT Bank Rakyat Indonesia (Persero) Tbk

Loan Period

Purpose of Use

In 2008 the company received a credit facility from Bank Mandiri amounting

IDR450,000,000 the credit agreement No. SBDC.Desk.JPR / 0039/2014 dated

June 1, 2014 with an interest rate of 1.5% pa interest rate on floating rate

deposits as collateral, these loans are maturing in September 2015 so that by 31

December 2015, leaving a credit balance of IDR 0.


Kredit Modal Kerja (KMK R/K)

Utang pada PT BRI (Persero), Tbk merupakan utang atas KMK R/K,

KMK Konstruksi, NCL dan PJI sesuai akta perjanjian kredit nomor

02 tanggal 7 Juli 2006 yang dibuat di hadapan Emi Susilowati, SH,

notaris di Jakarta. Fasilitas tersebut dapat diperpanjang, terakhir

sesuai surat nomor R.II.188-ADK/DKR-2/06/2015 tanggal 26 Juni

2015 terhitung mulai tanggal 7 Juni 2015 sampai dengan 07 Juni

2016. Atas fasilitas tersebut telah diperpanjang sampai dengan 7

Juni 2017 berdasarkan surat nomor R.II.143-ADK/DKR-2/06/2016

tanggal 17 Juni 2016 dengan ketentuan sebagai berikut :

10,50%

Operational Working Capital.

Credit Limit IDR20,000,000,000.

1 tahun

Rp100.000.000.000,-.

Tanah dan bangunan di Jl.

Lingkar Timur Desa Kemiri, Kec.

Sidoarjo HT I No.3189/2006 dan

HT II No.6699/2009.

Utang kepada Bank Mandiri sesuai dengan Akta No. 29 tanggal 12

Juni 2015 perihal Perjanjian Kredit Modal Kerja, dan diperpanjang

dengan Surat No. OPS.CRO/CCL.248ADD/2016 dengan ketentuan

dan syarat-syarat sebagai berikut:

Land and building on Jl. Linhkar Timur,

Kemiri, Sidoarjo HT I No.3189 / 2006 and

HT II No.6699 / 2009.

Working Capital Loan Line

114







f. f.

2. 2

.- = - Credit Limit = IDR500,000,000,000.




3. 3

.- = - Credit Limit = IDR5,000,000,000,000.

- = - =

4. 4

.- = - Credit Limit = IDR1,300,000,000,000.

- = - =


5. 5

.- = - Credit Limit = IDR1,170,000,000,000.



5. 5

.- = - Credit Limit = USD100,000,000.



Fasilitas kredit pada entitas anak - PT PP Peralatan: Credit facility in subsidiary - PT PP Peralatan:

23.

PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk

Forex Line PJI (LC/SKBDN)



PJI (LC/SKBDN)

Purpose of Use

Penerbitan jaminan tender, uang

muka, jaminan pelaksanaan dan

pemeliharaan.





Tingkat Bunga

Modal Kerja Proyek.

Terkait dengan fasilitas KMK.

Bank Garansi

Tingkat Bunga

Untuk membackup fasilitas PJI dan

menampung LC/SKBDN yang telah

jatuh tempo.

Untuk pembelian barang.

USD100.000.000

Purpose of Use Tom, spot, forward, and swap transaction

Agunan Terkait dengan fasilitas KMK Associated with KMK facility

Biaya Akseptasi

Purpose of UseTujuan Penggunaan

Tujuan Penggunaan

Kredit Modal Kerja Impor (KMKI)

Rp1.300.000.000.000,-.

Working Capital Projects.

Limit Kredit

Bidding guarantee, advance payment

guarantee, and working performance and

maintenance guarantee.

Limit Kredit

Working Capital Loan Impor

Transaksi tom, spot, forward, dan

swap

Rp1.170.000.000.000,-.

Purpose of Use

Rp5.000.000.000.000,-.

Is working capital loan from BRI Jakarta Regional Office 2 with a loan ceiling of

IDR20,709,001,416 with an interest rate of 11% pa with a maturity of 27 June

2015 with the assurance SPK issued and approved by PT PP (Persero) Tbk and

additional guarantees payment terms on projects funded, and the KMK BRI

Pimjaman revolving Cibubur of IDR2,000,000,000, - with an interest rate of 11%

pa with guarantees of land area of 5,043 m2, HGB Sudiang No.20015 in Napier

on behalf YKKPP maturing in June 2016.



Associated with Working Capital Loan facility.

Adalah Pinjaman modal kerja dari BRI Kanwil Jakarta 2 dengan

plafon pinjaman sebesar Rp20.709.001.416,- dengan tingkat bunga

11% pertahun dengan jatuh tempo 27 Juni 2015 dengan jaminan

SPK yang dikeluarkan dan di setujui oleh PT PP (Persero) Tbk dan

jaminan tambahan pembayaran termin atas proyek yang dibiayai,

dan Pimjaman pada KMK BRI Cibubur revolving sebesar

Rp2.000.000.000,- dengan tingkat bunga 11% pertahun dengan

jaminan tanah seluas 5.043 m2, SHGB No.20015 di Sudiang

Makasar atas nama YKKPP jatuh tempo pada Juni 2016.

Limit Kredit

For the purchase of goods.

Limit Kredit

Working Capital Loan Line

Limit Kredit

Purpose of Use

Kredit Modal Kerja (KMK Konstruksi)

For Backup the ISP facilities and accommodate

LC / SKBDN that has matured.

Bank Guarantee (BG)

0,125% per 180 hari, minimal

USD25.

0.125% per 180 days, a minimum of $25.





Rp500.000.000.000,-.

PJI (LC/SKBDN)

115







g. g.


1. 1

.- = - Credit Limit = IDR650,000,000,000.

- = - =


- = - Guarantee =

2. 2

.- = - Credit Limit = IDR100,000,000,000.

- = - =


- = - Guarantee =

3. 3

.- = - Credit Limit = IDR3,200,000,000,000.

- = a. - = a.

b. b.

c. c.

23.

Purpose of UseGaransi Bank / SBLC.

Rp3.200.000.000.000,-.

Tujuan Penggunaan

Tujuan Penggunaan

Purchase of goods needs of the project.

Bank Guarantee / SBLC.

For the purposes of the tender guarantee /

advance / performance / retention /

payment projects.

The bill terms of the projects financed under the

credit facility is tied cessie

Kredit Modal Kerja R/C Terbatas

9.50% p.a, the interest rates is adjustable in


Receivables from projects which is not funded

by WCL plafond facility.

Additional working capital on awarded and to be

awarded projects.

Tingkat Bunga

Purpose of Use

Piutang termin atas proyek yang

tidak dibiayai dengan

menggunakan fasilitas plafond

KMK.



Jaminan Tagihan termin atas proyek-proyek

yang dibiayai dengan fasilitas kredit

ini diikat secara cessie.

Additional working capital on awarded and to be

awarded projects.

Rp100.000.000.000,-.

Tujuan Penggunaan




Negara Indonesia (Persero) Tbk.

SKBDN / LC.

Purpose of Use

Non Cash Loan

Working Capital Loan R/C Limited

Non Cash Loan

Tambahan Modal Kerja proyek-

proyek yang telah dan akan

dimenangkan.

Untuk keperluan penjaminan

tender / uang muka /

pelaksanaan / pemeliharaan /

pembayaran proyek-proyek.

Pembelian barang kebutuhan

proyek.

SKBDN / LC.

Limit Kredit

Fasilitas Trust Receipt (T/R).

Limit Kredit

To accommodate the payment payable

arising from the LC / SKBDN opened sight

or extending usance.

Untuk menampung pembayaran

kewajiban yang timbul atas LC /

SKBDN yang dibuka secara

sight atau usance.

PT Bank Negara Indonesia (Persero) Tbk

Rp650.000.000.000,-.

Working Capital Loan LineKredit Modal Kerja (KMK Line)

Tingkat Bunga

Jaminan

Tambahan Modal Kerja proyek-

proyek yang telah dan akan

dimenangkan.

PT Bank Negara Indonesia (Persero) Tbk

Utang kepada PT Bank Negara Indonesia (Persero) Tbk merupakan

pinjaman atas fasilitas Kredit Modal Kerja (KMK) Revolving, KMK

Line Transaksional dan Fasilitas Non Cash Loan sesuai dengan

surat Penawaran Fasilitas Kredit No.BIN/2.1/040/R tanggal 26 April

2012. Jangka waktu terhitung mulai tanggal 08 Juni 2011 sampai

dengan tanggal 07 Juni 2012. Fasilitas kredit tersebut telah

diperpanjang terakhir dengan surat No.BIN/2.2/070/R tanggal 06 Mei

2015 terhitung mulai tanggal 08 September 2015 sampai dengan 07

Juni 2016, dan fasilitas kredit telah di perpanjang terakhir dengan

surat No.BIN/2.2/126/R tanggal 08 Juni 2016 sampai dengan tanggal

07 Juni 2017 dengan ketentuan dan syarat-syarat sebagai berikut:

The loan from PT Bank Negara Indonesian Tbk is a Revolving Working Capital

Loan facility, WCL Line transactional and Non Cash Loan Facility based on the

offering letter of PT Bank Negara Indonesia Tbk No.BIN/2.1/040/R dated 26 April

2012. Time Period is from 08 June 2011 and due date 07 June 2012. in

reference to the letter No.BIN/2.2/070/R dated 06 May 2015. The loan facility

was extended effective 08 September 2015 up to 07 June 2016. The facility has

been extended with the Letter of Credit No. BIN/2.2/126/R dated June 8, 2016

until June 7, 2017 with the following conditions:




Negara Indonesia (Persero) Tbk.

Limit Kredit

Trust Receipt Facility (T/R).

116







g. g.

4. 4

.- = - Credit Limit = USD100,000,000.

- = - =

h. h. PT Bank Syariah Mandiri


1) Pembiayaan Modal Kerja Proyek 1) Working Capital Financing Project

- Limit Kredit = Rp250.000.000.000,- - Credit Limit = IDR250,000,000,000

- Jenis Pembiayaan = - Type of Financing =


Fasilitas kredit pada entitas anak - PT PP Peralatan: Credit facilities in subsidiary - PT PP Peralatan:

Fasilitas kredit pada entitas anak - PT PP Pracetak Credit facilities in subsidiary - PT PP Pracetak

- Limit Kredit = Rp. 10.000.000.000,- - =

- Masa Pinjaman = - =

- Tingkat Bunga = - =


23.

PT Bank Negara Indonesia (Persero) Tbk PT Bank Negara Indonesia (Persero) Tbk

Tujuan Penggunaan

Pinjaman ini merupakan pinjaman dengan jenis pembiayaan

Almurobahah dengan ekspektasi rate mulai bulan ke 4, tingkat bunga

10%-15% termasuk jasa p.a effective, jatuh tempo pinjaman tanggal

28 Nopember 2016, dengan jaminan seluruh aset jenis scaffolding

dan pch.

Credit Limit

This loan is a loan with this type of financing Almurobahah with rate

expectations started 4 months, interest tungkat 10% -15% effective pa

including services, loan maturity date of 28 November 2016, with the

guarantee of all assets types of scaffolding and pch.

Utang kepada Bank Syariah Mandiri sesuai dengan Perjanjian Kredit

No. 17/034/CBI-FOG/III/2015/MSYR-PDB tanggal 27 Maret 2015,

dengan ketentuan sebagai berikut:

A short term bank loans from Bank Syariah Mandiri in accordance with

Agreement Number 17/034/CBI-FOG/III/2015/MSYR-PDB dated 27 March 2015

under the following provisions:

Lindung Nilai (Hedging) yang tidak

untuk tujuan spekulasi.

Forex Line USD

Line Facility (Al-Musyawarah)

Hedging are not for speculative purposes.

1 Year

10,25% diatas bunga deposito

Line Facility (Al-Musyawarah)

Purpose of Use

USD100,000,000.

Receivables from pile manufacturing sales

Pinjaman bank mencakup persyaratan dan pembatasan tertentu

antara lain melakukan update daftar piutang yang diikat fiducia

selambat-lambatnya setiap 12 bulan sekali, menjaminkan piutang ke

pihak lain atas piutang yang telah dijaminkan di BSM, Meminta

pembiayaan baru atau tambahan dari bank atau lembaga

pembiayaan lainnya untuk proyek yang sama , membubarkan

perusahaan, merger dengan perusahaan lain, dan mohon dinyatakan

pailit kepada instansi yang berwenang.

The bank loans contain certain covenants and restriction on, among others

update receivables list tied up fiduciary at the latest every 12 months, pledged

receivables to another party which have been pledged as collaterall in BSM,

Requesting new or additional financing from banks or other financial

institutions for the same project, to dissolve the company, merger with a other

company, and declare bankruptcyt to the relevant authorities


Rp400.000.000.000,- yang diikat

secara fidusia.

Fasilitas dari PT Bank Syariah Mandiri berupa fasilitas pembiayaan

modal kerja proyek dan fasilitas pembiayaan modal kerja

subkontraktor/supplier/mandor, sesuai dengan surat Penegasan

Persetujuan Perpanjangan dan Peningkatan Limit pembiayaan Bank

Syariah Mandiri No.16/070-3/SP3/CRD tanggal 9 Mei 2014 terhitung

mulai 02 Juli 2014 sampai dengan 01 Juli 2016. Fasilitas tersebut

telah diperpanjang sampai dengan 1 Juli 2018 berdasarkan surat

nomor 18/057-3/SP3/CB1 tanggal 28 Juni 2016.

Limit Kredit

Loan Period

Forex Line USD

Facility from PT Bank Syariah Mandiri is working capital financing facility projects

and working capital financing facilities subcontractors / suppliers / foreman,

according to the letter of affirmation of Approval Extension and Improvement of

financing Limit Bank Syariah Mandiri No.16 / 070-3 / SP3 / CRD dated 9 May

2014 starting from July 2, 2014 until July 1, 2016. The facility has been extended

until July 1, 2018 under number 18 / 057-3 / SP3 / CB1 dated June 28, 2016 .


IDR10,000,000,000.

1 tahun

Trade receivables worth IDR400,000,000,000

that are bounded in fiduciary.

Rate of Interest 10,25% above the deposit rate

Piutang penjualan tiang pancang

117







i. i.

- - Credit Limit

- = - =

- = - =

- = - Loan period =


- = - Guarantee

(Lihat Catatan No. 3e, 6, 7, 11, 19, 20 dan 48) (See Notes No.3e, 6, 7, 11, 19, 20 and 48)

24. UTANG NON BANK NON BANK LOANS


a. Lembaga Pembiayaan Ekspor Indonesia Lembaga Pembiayaan Ekspor Indonesia

1) Fasilitas Kredit Modal Kerja Ekspor (KMKE) dan NCL 1) Export Working Capital (KMKE) and Non Cash Loan Facility

The collaterals to the credit facility are:

- -

- -

23.

Rp50.000.000.000

IDR50.000.000.000

Utang kepada LPEI/ Indonesia Exim Bank (IEB) merupakan

pinjaman atas fasilitas KMKE Transaksional dan Non Cash Loan

(NCL), sesuai dengan surat No.PBD/SP3/55/2013 tanggal 11 Juli

2013 tentang surat Persetujuan Pengefektifan Fasilitas Pembiayaan

Kredit Modal Kerja Ekspor (KMKE) kepada PT Pembangunan

Perumahan (Persero) Tbk. Atas fasilitas tersebut telah diperpanjang

berdasarkan nomor surat No.PBD/SP3/11/2015 tanggal 25 Pebruari

2015 sampai dengan 26 Maret 2016. Atas fasilitas tersebut telah

diperpanjang sampai dengan 25 Maret 2017.

The loan facility from LPEI/ Indonesia Exim Bank (IEB) is a KMKE Transactional and

Non Cash Loan (NCL), under a letter dated July 11, 2013 No.PBD/SP3/55/2013

about Approval improve the effectiveness of the Credit Facility Financing Export

Working Capital (KMKE) PT Pembangunan Perumahan (Persero) Tbk. The facility

has been extended by a number No.PBD/SP3/11/2015 letter dated February 25,

2015 until 26 March 2016. The facility was extended until March 25, 2017 .

The purposes of the facility is for export working capital financing overseas

projects related / supporting international trade (exports) with a limit of IDR

2,000,000,000,000 (two trillion rupiahs), interest rate of 9.35% per annum,

payable effectively monthly and is adjustable in conformity with the prevailing

regulations.

Receivables and contract financed or guaranteed by LPEI minimum of 125%

of the total ceiling.

Piutang atas kontrak yang dibiayai dan atau dijamin oleh LPEI

minimal sebesar 125% dari total plafon.

Masa Pinjaman

Tujuan penggunaannya untuk pembiayaan modal kerja ekspor

proyek luar negeri yang terkait / menunjang perdagangan

internasional (ekspor) dengan limit Rp 2.000.000.000.000 (Dua

Trilyun Rupiah), suku bunga 9,35% per tahun dibayar efektif

setiap bulan dan dapat berubah sesuai ketentuan yang berlaku.

Non Cash Loan Non Cash Loan

24.

Rp50.000.000.000

Tagihan perusahaan yang diikat

secara cessie, jaminan

perusahaan.

Tingkat Bunga

1 Year

For each disbursement, the Borrower shall perform binding assurance of

projects financed receivables, where the list of accounts receivable as

collateral must be done in accordance with the renewal project funded

fiduciary subsequently registered.

Company bills under cessie, company

guarantee.

PT Bank BTN

Cash Loan

PT Danareksa Capital - - 150.000.000.000 -

911.695.286.919 401.594.722.960 674.830.453.584 107.824.269.885 Jumlah Utang Non Bank / Total Non

Bank Loans

Adalah utang bank atas Entitas Anak PT PP Pracetak, sesuai

dengan surat perjanjian kredit No.32 tanggal 14 Mei 2012, dirubah

dengan akta No.2, Notaris H. Bambang Suprianto, S.H. tanggal 1

Agustus 2013 perihal perjanjian kredit modal kerja. Akta terakhir

No.77, notaris H. Bambang Suprianto, S.H., Sp.N., M.H. tanggal 11

September 2015 dengan ketentuan sebagai berikut:

Is the bank debt on Subsidiary PT PP Pracetak, according to the letter of credit

agreement No.32 dated 14 May 2012, is amended by deed No.2, Notary H.

Bambang Suprianto, SH dated 1 August 2013 regarding working capital loan

agreement. The last is No.77, notary H. Bambang Suprianto, SH, Sp.N., MH 11

September 2015, with the following provisions:

12%

IDR50.000.000.000Cash Loan

Limit Kredit

a.

PT Bank BTN

1 Tahun

12%

Jaminan

Untuk setiap pencairan, Debitur harus melakukan pengikatan

jaminan piutang atas proyek yang dibiayai, dimana daftar

piutang yang dijaminkan harus dilakukan pembaharuan sesuai

dengan proyek yang dibiayai selanjutnya didaftarkan fidusia.

Agunan atas fasilitas kredit tersebut adalah sebagai berikut:



Lembaga Pembiayaan Ekspor Indonesia 811.695.286.919 401.594.722.960 524.830.453.584 107.824.269.885

PT Sarana Multi Infrastruktur 100.000.000.000

118






24. UTANG NON BANK (lanjutan) NON BANK LOANS (continued)

a. Lembaga Pembiayaan Ekspor Indonesia Lembaga Pembiayaan Ekspor Indonesia

Fasilitas kredit pada entitas anak - PT PP Pracetak: Credit facility in subsidiary - PT PP Pracetak:

1. Fasilitas Kredit Modal Kerja Expor 1. Export Working Capital Facility

Jaminan atas fasilitas kredit tersebut adalah sebagai berikut: Collateral upon the loan facility are as follows:

- Piutang proyek Kalibaru - Kalibaru project receivables

- -

- -

b. PT Sarana Multi Infrastruktur Lembaga Pembiayaan Ekspor Indonesia

c. PT Danareksa Capital c. PT Danareksa Capital

24.

a.

Export working capital loan of LPEI, in accordance with the deed of Export Working

Capital Loan Agreement No.15 dated 16 April 2013 and No.8 dated 14 April 2014,

Ashoya Ratam SH notary, M.Kn.

Persediaan bahan baku dan barang jadi tiang pancang yang

berlokasi di Desa Margasari Kecamatan Pulau Ampel

Kabupaten Serang Banten.

Utang kepada PT Danareksa Capital merupakan pinjaman yang

akan digunakan untuk Pre Financing IPO PT PP Properti yang

dituangkan dalam Akte Notaris No, 17 tanggal 19 Desember 2014

oleh Notaris Ir. Nanette Cahyani Handari Adi Warsito, SH tentang

Perjanjian Fasilitas Pembiayaan kepada PT PP Properti.

Untuk pembangunan tiang pancang yang terkait infrastruktur

pendukung ekspor. Dengan plafon Rp10.000.000.000 (sepuluh

milyar rupiah) jangka waktu 12 bulan dengan tingkat bunga

9,5%.

Pinjaman pembiayaan modal kerja ekspor dari LPEI, sesuai dengan

akta Perjanjian Kredit Modal Kerja Ekspor No.15 tanggal 16 April

2013 dan No.8 tanggal 14 April 2014 notaris Ashoya Ratam S.H.,

M.kn.

Factory building poles stakes, machinery and factory equipment piles located

in Desa Margasari Pulau Ampel Serang Banten.

b.

Utang kepada PT Sarana Multi Infrasturktur merupakan pinjaman

atas fasilitas modal kerja pembiayaan pelaksanaan pembangunan

proyek-proyek infrastruktur, sesuai dengan surat S-

331/SMI/DPI/0815 tanggal 28 September 2015. Jangka waktu

fasilitas tersebut adalah selama 1 tahun yaitu tanggal 18 Maret 2016

sampai dengan 17 Maret 2017.

Tujuan penggunaannya untuk pembiayaan modal kerja modal kerja

pembiayaan pelaksanaan pembangunan proyek-proyek infrastruktur

dengan limit Rp500.000.000.000 (Lima Ratus Miliar Rupiah), suku

bunga 9,75% per tahun dibayar efektif setiap bulan dan dapat

berubah sesuai ketentuan yang berlaku.

Agunan atas fasilitas kredit tersebut adalah piutang atas kontrak

yang dibiayai dan atau dijaminkan oleh PT Sarana Multi Infrastruktur.

The Loan facility from PT Sarana Multi infrastruktur is outstanding under the working

capital facility financing of the construction of infrastructure projects, according to the

letter S-331 / SMI / DPI / 0815 dated September 28, 2015. The term of the facility is

for 1 year which is dated March 18, 2016 until March 17, 2017.

The intended use for working capital financing working capital financing of the

construction of infrastructure projects to limit Rp500,000,000,000 (Five Hundred

Billion Rupiah), the interest rate of 9.75% per annum payable monthly effective and

can be changed according to applicable regulations.

Collateral for the loan is receivable on contracts financed or guaranteed by PT

Sarana Multi Infrastructure.

Fasilitas tersebut telah diperpanjang dengan surat perjanjian No.

PDB/SP3/23/2015 tanggal 13 April 2015 dengan ketentuan sebagai

berikut:

The facilities have been extended by agreement letter Number PDB/SP3/23/2015

dated 13 April 2015 with the following provisions:

Bangunan Pabrik Tiang pancang, mesin dan peralatan pabrik

tiang pancang yang berlokasi di Desa Margasari Kecamatan

Pulau Ampel Kabupaten Serang Banten.

Inventories of raw materials and finished goods pile located in Desa

Margasari Pulau Ampel Serang Banten.

Debt to Danareksa Capital is a loan that will be used for Pre IPO Financing of

PT PP Property as outlined in the Notary Act No. 17 dated 19 December 2014

by Notary Ir. Nanette Cahyani Handari Adi Warsito, SH on Financing Facility

Agreement with PT PP Property.

For construction of pile ralated with infrastructure supporting for export. With

plafond IDR10,000,000,000 (ten billion rupiahs) 12 months with interest rate

9,5%.

119






24. UTANG NON BANK (lanjutan) NON BANK LOANS (continued)

c. PT Danareksa Capital c. PT Danareksa Capital

1. 1

.

2. 2

.

(Lihat Catatan No. 7, 11, 20 dan 48) (See Notes No. 7, 11, 20 and 48)

25. UTANG USAHA TRADE PAYABLES


Rinciannya adalah sbb: The following is the breakdown:

24.



Utang Supplier / Pemasok / Supplier 2.121.110.309.200 2.659.243.955.811 2.460.110.630.795 2.721.177.298.051

Utang Subkontraktor / Subcontractor 3.164.960.930.269 3.695.573.042.537 3.110.113.342.795 2.923.219.899.362

Utang Kepada Mandor / Foremen 309.975.419.402 341.751.327.396 345.241.527.728 304.026.895.743

Utang Pihak Ketiga Lainnya / Other Third Parties 516.953.583.616

6.578.420.109.185 6.298.155.079.804

Utang Ventura Bersama / Trade Payable-Joint

Venture

19.535.991.725 164.246.657.485 306.682.461 2.191.179.586

Jumlah Utang Usaha / Total Trade Payables 6.132.536.234.212 7.485.177.744.794 6.578.726.791.646 6.300.346.259.390

Merupakan utang usaha per 30 Juni 2016 dan 31 Desember 2015 serta

31 Desember 2014 dan 2013, terdiri dari:

Represents trade payables as of 30 June 2016 and 31 December 2015, and 31

December 2014 and 2013 consisting of:

Monthly interest on the principal debt is determined based on a fixed rate

of 8% (eight percent) per year and

Bunga bulanan atas utang pokok ditetapkan berdasarkan suku

bunga tetap sebesar 8% (delapan persen) per tahun, dan

25.

Fasilitas pembiayaan ini berlaku selama 6 (enam) bulan dengan

imbal hasil total 17% (tujuh belas persen) per tahun yang terdiri dari:

Fasilitas pembiayaan tersebut bertujuan pembiayaan atas perluasan

usaha dan pembelian tanah seluas 4,1 Ha yang berlokasi di

Surabaya dengan nilai transaksi kurang lebih sebesar Rp. 630

milyar.

Tambahan imbal hasil sebesar selisih antara bunga bulanan dan

target imbal hasil total yaitu sebesar 9% (sembilan persen) per

tahun.

The financing facility is valid for 6 (six) months with a total yield of 17%

(seventeen percent) per year that consist of:

The financing facility aims to finance the expansion and the purchase of the

area of 4.1 hectares, located in Surabaya with a transaction value of

approximately IDR630 billion.

Belum Difakturkan / Unbilled 1.377.722.082.971 2.145.093.913.222 1.984.675.588.945 1.811.021.818.560


Parties

5.971.412.658.654 7.245.562.350.937 6.472.632.306.878



4.574.154.583.958 5.012.429.527.488 4.487.650.035.472 4.405.908.675.782 Telah Difakturkan / Billed

Ventura Bersama / Joint Venture 19.535.991.725 88.038.910.227 306.682.461 2.191.179.586

Additional yield equal to the difference between the monthly interest and

the target yield a total that is equal to 9% (nine percent) per year.

Agunan atas fasilitas pembiayaan tersebut antara lain berupa tanah

milik PT PP Properti seluas 16.447 m2 senilai Rp.237.322.893.516,-

yang terdiri dari sertifikat HGB No. 4484, 1994, 1995, 4501 yang

berlokasi di Dukuh Pakis, Karangpilang, Surabaya.

Collateral for the financing facilities which include land owned by PT PP

Property area of 16,447 m2 worth IDR237,322,893,516 which consists of

HGB No. 4484, 1994,1995, 4501 located at Dukuh Pakis, Karangpilang,

Surabaya.

6.219.121.673.928


Telah Difakturkan / Billed 130.213.376.563 150.795.063.637 104.977.216.768 78.406.536.932

Belum Difakturkan / Unbilled 30.910.198.995 12.612.582.962 1.117.268.000 2.818.048.530


Related Parties

161.123.575.558 239.615.393.857 106.094.484.768 81.224.585.462

Jumlah Utang Usaha / Total Trade Payables 6.132.536.234.212 7.485.177.744.794 6.578.726.791.646 6.300.346.259.390

30 Juni /

624.362.761.565 662.954.607.867 349.730.986.648

6.113.000.242.487 7.320.931.087.309

Ventura Bersama / Joint Venture - 76.207.747.258 - -

120






25. UTANG USAHA (lanjutan) TRADE PAYABLES (continued)

The breakdown based on currency:

Rupiah / Rupiah

Mata Uang Asing / Foreign Currency

The breakdown based on currency:


Utang Usaha Yang Telah difakturkan / Trade Payables - Billed:

25.


1.023.993.671.366

6.300.346.259.390

791.790.851.742

301.374.053.679 752.069.430.266 253.571.335.703 74.834.505.656 PT Van Oord Indonesia




5.276.352.588.024

Rincian utang usaha berdasarkan pihak-pihak berelasi dan pihak ketiga:

7.021.632.587.697

6.979.116.669.672

506.061.075.122

7.485.177.744.794

6.008.467.873.822

124.068.360.390

6.132.536.234.212 Jumlah Utang Usaha / Total Trade Payables

Rincian utang usaha menurut jenis mata uang adalah sebagai berikut:

6.229.841.735.955

PT Adhimix Precast Indonesia 115.672.180.711 110.911.258.435 109.576.652.099 54.188.850.896

PT Schneider Indonesia 105.828.291.292 87.643.214.186 18.207.188.193 -

PT The Master Steel Manufact. 64.435.803.522 51.274.866.239 74.055.833.349 41.415.856.374

Pioneer Beton Industry 58.764.485.036 37.964.604.052 86.003.716.034 52.605.618.693

PT Jakt. Cakra Tunggal Steel. M 47.891.232.620 54.526.206.427 75.642.412.815 77.544.588.820


Bhirawa Stell 35.758.569.283 31.812.957.276 138.446.879.226 64.817.547.434

Macchi 32.773.050.000 - - -

PT Hanil Jaya Steel 31.374.953.895 71.642.876.951 118.516.228.722 131.789.304.624

PT Merak Jaya Beton 26.934.990.135 11.879.401.813 12.787.986.250 5.213.368.675

PT Lancar Jaya Mandiri Abadi 25.065.099.465 19.431.177.987 - 1.342.799.674

PT Toyogiri Iron Steel 24.809.141.322 21.251.540.375 6.705.391.477 -

PT Union Metal Tbk 20.570.303.636 15.409.446.347 24.821.294.940 14.845.762.719

Alwindo Nusantara 19.711.096.411 13.532.244.973 13.811.086.594 51.875.295.430

CV Steel Mas Indah 19.116.672.492 19.719.708.893 35.894.818.971 31.673.760.741

23.575.490.408 15.760.525.758 16.348.161.929

PT DSS-HSI JO 17.655.860.734 31.570.734.804 106.154.049.205 21.357.440.850

Suprajaya Dua Ribu Satu 17.609.511.465 17.144.291.021 11.721.946.972 9.944.156.924

PT Kesuma Makmur Konstruksi 17.250.662.852 2.203.346.505 - -

PT Inter World Steel Mill 16.163.002.463 57.179.528.237 38.433.585.075 45.153.100.838

PT Pembangunan Perumahan 16.156.400.246 - - -

PT Bumi Sarana Beton 15.202.730.066 6.387.679.960 11.137.859.720 5.301.574.552

Prima Dinamika Abadi 18.006.626.037

- - -

Sahabat Daya Mandiri 13.321.740.866 13.040.885.686 20.713.884.297 12.615.659.458

PT Pilar Indo Sarana 12.701.096.824 3.193.099.150 1.663.440.730 2.346.412.761

PT Pandu Equator Prima 12.645.854.817 - - -

PT Proteknik Mega Persada 12.581.676.944 6.737.500.000 2.847.249.916 9.567.836.518

Sinar Jaya Proteksindo 12.138.216.206 6.067.994.929 - -

Sawunggaling Karya 12.048.989.584 9.601.221.194 10.161.221.226 20.983.645.115

Sempertrans Belchatow SPZ OO 14.397.754.576

8.786.699.761 12.033.704.584 33.282.053.042

Anugrah Mandiri Perkasa 11.756.315.445 6.847.745.700 - -

PT Surya Besindo Sakti 11.305.886.792 14.196.579.514 - -

Power Block Indonesia 11.065.423.708 7.861.320.865 5.873.684.435 4.201.870.510

PT Artha Angkasa 10.936.183.003 - - -

UD Sehati 10.230.789.846 - - -

Casa Prima Indonesia 11.863.802.815

121






25. UTANG USAHA (lanjutan) TRADE PAYABLES (continued)25.





PT Dwidara Tunggal Putra - -

Citra Lautan Teduh 5.895.240.037 - - -

PT Citra Mutiara Bangun Persada 7.593.063.608 12.666.458.157 5.057.158.707 -

PT Grama Bazita Tenaga 7.215.800.000 - - -

PT Drymix Indonesia 7.197.561.890 6.415.333.085 19.517.215.922 -

PT Sandjaya Surabaya 7.170.690.366 8.950.521.841 21.787.969.491 7.339.974.288

5.980.535.937 3.978.360.565 - -

5.925.967.660 3.140.494.926

PT Corin Mulia Gemilang

Carya Timor Leste, PTy Ltd 5.723.261.952 17.186.515.037 15.456.427.915 7.753.210.689

PT Lancar Mas Cemerlang Abadi 5.634.203.584 - - -

PT Putra Saluyu 5.561.757.805 5.272.422.475 15.452.286.706 12.276.122.396

- - -

CV Putra Jaya The Company 6.179.156.647 2.607.502.870 - -

CV Mulia Abadi 6.017.885.940 - - -

Niro Ceramic Sales Indonesia

PT Multi Daya Mandiri 7.159.430.102 18.407.314.401 - -

CV Surya Mas 7.120.068.649 4.868.022.169 - -

Sentra Prima Services 6.947.119.844 - - -

PT Tripondasi Manunggal 6.241.313.362

Sinar Surya Alumindo 10.117.236.828 8.444.062.886 7.891.790.342 23.361.401.656

9.523.851.485 3.429.287.304 7.960.290.360

PT Utomodeck Metal Works 9.646.563.837 2.078.538.628 - -

PT Binatama Akrindo 9.622.142.293 24.186.848.352 17.435.121.862 -

PT Oriental Sheet Piling 9.374.946.057 - - -

Quatro Colegas Lda 9.270.012.076 5.111.327.110 6.612.901.470 17.740.642.644

PT Bangun Sarana Baja 9.191.879.330 17.335.518.001 6.000.050.743 -

Dika Konstruksi 9.116.446.353 5.299.436.668 - -

PT Holcim Indonesia 9.746.720.473

4.241.978.750

Kreasi Sejahtera 8.954.847.948 - - -

PT Cigading Habeam Centre 8.675.349.071 3.114.616.779 - 1.894.683.328

PT Partiwa Unggul Abadi 8.611.109.700 7.903.671.106 6.076.346.500 3.647.625.798

PT Gunung Steel Construction 8.373.255.795 9.320.458.016 - -

PT Puja Perkasa 8.126.507.706 1.004.957.271 3.010.099.854 2.864.129.208

Sentratek Metalindo 8.101.156.352 32.949.874.020 - -

PT Holcim Beton 7.988.678.595 7.644.290.360 - -

PT Hillconjaya Sakti 7.912.543.707 6.633.809.869 - -

PT Adhimix 7.901.374.315 6.545.795.391 - -

PT Cipta Mortar Utama 7.836.686.727 9.066.898.240 14.286.575.715 4.931.910.466

7.683.064.100 3.911.659.065 15.605.429.681

3.306.731.726 4.347.663.719 4.627.860.557

Farika Duta Agung 6.448.732.193 - - -

Karya Mulia 6.416.004.393 12.203.576.277 3.957.757.059 13.759.137.856

PT Duta Hita Jaya 6.325.006.140 13.496.068.000 - -

PT Cahaya Cipta Abadi 6.265.959.074 1.147.645.000 - -

PT Anisa Putra Jaya 6.620.191.262 4.554.021.725 - -

Multi Kreasi 6.509.248.098 5.764.977.471 - 1.332.143.490

PT Motive Mulia 6.464.322.743

PT Inti Niaga Sukses Abadi 6.791.783.346 2.433.542.568 4.830.245.591 -

122











Bilah Baja Makmur Abadi

4.771.785.562

1.295.288.606 - -

CV Pesona Prima 5.431.242.402 1.275.080.913 2.413.000.000 -

PT World Metal Industri National 5.528.244.750

PT Indoflex Jaya Sakti 5.430.444.447 4.325.933.655 8.143.413.073 -

PT Buana Celebes 5.413.913.103 8.606.168.366 - -

Mitra Wiratindo 5.362.910.751 - 5.401.944.245 3.411.862.147

6.453.085.161

PT Dwi Tunggal Abdi Pertiwi 5.020.902.150 12.344.473.506

5.355.789.467

3.971.511.984

PT Bangun Graha 3.858.077.095

PT Asanturi Internusa 4.929.435.966 1.991.579.684 - 11.550.572.324

PT Tatabrata Perkasa Nusantara 4.873.548.979 4.616.613.210 - -

Basri Kulle 4.814.197.837 3.591.569.246 - -

4.259.967.358 23.038.709.543 18.340.509.667

PT Multistran Engineering 4.727.246.171 3.658.952.356 - 2.669.727.782

PT Dharma Subur Satya 4.424.922.971 - - -

PT Prasetya Adi Citra Anugerah 3.886.390.611 - - -

4.838.671.865 20.800.456.929 29.694.955.217

PT Bumi Sentosa Dwi Agung 4.128.234.319

Joko Sudarto

PT Megah Bangun Baja Semesta

- -

PT Reitama Enginnering 4.964.063.200 2.507.000.000 - -

PT Logam Mas Indah Mas 4.951.313.692 3.456.055.892 - -

PT Teknik Inti Mandiri 4.946.640.000 - 7.163.214.399 -

- - -

Alia Global Visitama 5.320.332.228 - - -

PT Anugerah Bangun Kencana

PT Seragam Serasi Perkasa 4.358.599.758 - - -

3.160.779.000 - -

PT Sarana Baja Perkasa 5.501.480.992 - - -

PT Rekayasa Engineering 5.440.852.500

PT Prima Karya Manunggal 5.165.583.026 4.458.311.018 4.290.816.252 12.361.917.763

Grant Surya 5.045.163.737 - 1.359.735.600

5.234.029.220 9.467.713.949 7.172.539.722 66.021.323.465

CV Rajawali Scientific 5.190.945.075 - - -

UD Rusli Vinilon

4.232.084.339 10.820.250.575 2.711.471.900 3.024.908.352

Berdikari Pondasi Perdana 4.216.868.370 4.197.882.246 - -

PT Aneka Jaya Langgeng. S 4.155.150.000 4.890.300.000 - -

- - -

4.843.608.402 8.570.750.248 3.697.987.762

PT Multiprima Semesta Abadi 4.102.696.754 4.896.323.859 - -

PT Sukses Beton 4.089.669.559 - - -

Zug Industry Indonesia 4.042.224.482 8.325.280.445 2.883.308.535 -

PT Hume Concrete Indonesia 4.004.268.086 2.328.574.080 - 8.375.793.415

PT Tulus Tri Tunggal 3.985.556.471 2.160.988.023 2.636.543.296 2.094.527.999

PT Geasindo Teknik Prima 3.973.685.647

6.274.126.609 3.331.320.000 -

PT Rollent Indonesia 3.949.458.612 20.785.977.053 - -

PT Usaha Remaja Mandiri 3.941.281.833 - - -

PT Loka Manggala 3.912.702.600 4.043.067.400 13.136.947.187

2.705.061.897 5.887.222.810 -

PT China Telekom Indonesia 3.844.392.555 1.121.307.866 - -

20.639.747.764

PT Jebsen & Jessen Ingredients Indonesia 3.907.120.000 - - -

PT Maratama Cipta Mandiri 3.891.218.450

123










-

- -

CV Mitra Makmur 3.022.589.900 - - -

PT Kreasi Beton Nusa Persada 3.014.004.255 - - 7.025.541.137

PT Satrans Logistics Services 3.000.292.891 - - -

CV Luhur Amanah 2.996.533.560 9.232.705.607 1.017.717.162 -

CV Guna Lancar Jaya 2.990.368.305 - - -

PT Bajatama Dian Prima 2.954.252.388 8.295.034.630

Duta Bangsa Mandiri 2.791.720.633 3.227.563.534 4.284.856.051 3.273.190.871

PT Rahmi Ida Nusantara 2.779.560.283

CV Cipta Engineering 3.565.688.669

PT Bintang Bangun Persada 3.192.415.872 5.212.243.304 4.428.876.593 1.704.926.618

PT Mitracipta Polasarana 3.164.330.314 1.159.964.367 15.939.860.772 15.016.939.758

Budi Karya 3.155.819.684 15.584.376.617 5.092.586.529 14.794.393.773

PT Bosowa Mining 3.533.316.430 3.533.316.430

CV Raka Pratama 3.529.725.671 5.054.799.099 3.648.569.264 13.682.647.645

Sevina Mandiri 3.455.687.014 4.074.601.798 - -

CV Karya Bersama 3.452.137.241 1.175.499.323 1.339.742.710 -

PT Dinamik Struktural Sistem 3.392.869.540 - 1.910.126.540 -

PT Kharisma Kilang Kencana 3.366.019.793 - - -

PT Teknindo Geosistem Unggul 3.822.174.603 2.138.168.180 - -

CV Musika 3.795.161.400 - - -

PT Pacific Process Engineering 3.686.029.715 - - -

Samingun 3.640.607.916 - - -

Windopak 3.626.301.702 3.335.867.982 - -

1.644.853.508 1.649.999.999 1.955.067.986

-

Satria Asta Gemilang 3.347.577.873 7.068.156.434 3.285.149.660 -

Victory Multikarya 3.346.301.959 3.346.301.959 - -

Arquiris Unippesoal Lda 3.293.685.306 3.215.549.414 - -

PT Bangun Beton Indonesia 3.263.978.400 2.138.387.500 2.190.974.656 7.642.438.837

PT Anta Raksa 3.239.125.377 - - -

PT Imo Kepri 3.227.795.110 - - -

PT Soyo Apik 3.209.004.415 4.084.235.829 - -

-

PT Sarana Jaya Utama 2.944.535.070 2.784.394.484 - -

- 2.849.994.328 5.207.033.934

PT Sinarbali Binakarya 2.924.971.000 1.702.895.980 1.047.460.000 5.147.185.000

Marga Pertiwi Sejati 2.914.641.382 3.814.210.004 4.284.234.325 7.731.973.534

Gilang Gemala Borneo Perkasa 2.878.984.079 2.208.039.396 - 1.576.062.996

PT Alumindo Metal Sejahtera 2.812.776.812 6.295.954.488 5.908.392.436 19.831.441.292

PT Zidar Zahthola 3.118.019.023 - - -

CV Bintang Prima Mandiri 3.110.372.472 - - -

PT Alcona Utama Nusa 3.030.121.020 2.133.706.550

PT Bangun Cipta Raya 2.943.372.363

1.800.998.000

5.599.141.838 6.548.843.380 -

- - 3.599.519.600

Hadi Mustakim 2.755.967.710 - - -

PT Simtraco Intramanunggal Abadijaya 2.748.778.750 - - -

PT Indopile 2.714.762.154 - - -

PT Majumix Bersama Abadi 2.760.653.695


124







CV Sido Mulyo 2.251.414.963

PT Tungku Jaya Sakti 2.220.972.688

PT Eka Sinar Abadi 2.149.972.806


PT Sentral Aircon Raya 2.650.529.712 5.884.739.697 1.867.757.656 2.869.565.511

PT Scg Readymix Indonesia 2.646.850.721 10.705.305.963 17.919.387.078 3.812.667.925

25.




PT Trias Jaya Nusantara 2.636.324.127 - - -

4.213.906.851 1.778.644.780 -

PT Polareka Fasadindo 2.582.987.989 3.855.238.488 - -

PT Pangkal Multikarya 2.570.508.537 - 10.655.128.105 9.815.660.616

CV Maju Jaya 2.569.968.452 1.144.149.464 2.019.271.300 -

UD Karya Anugerah 2.560.927.902 - - -

PT Magdatama Multi Usaha 2.551.723.715 - - -

PT Kelolatama Albes 2.591.868.920

Esta Raya Mandiri 2.307.494.970 1.567.381.504 - -

PT National Steel Industries 2.271.371.985 3.021.829.062 4.670.122.860 -

CV Raharja Wiguna Konstruksi 2.267.018.587 1.221.393.819 - 1.292.511.844

Mokhamad Mujahidin 2.261.758.029 - - -

PT Fajar Tomayuna Utama 2.257.457.168 2.007.248.555

PT Scg Pipe And Precast Indonesia 2.516.644.783 - - -

4.350.739.427 - -

CV Karya Mulia Mandiri 2.503.322.666 - - -

PT Tegar Zahara 2.493.267.180 1.928.839.475 7.043.604.983 2.552.645.550

PT Roda Nurmala 2.484.000.000 - - -

Mega Selaras Utama 2.428.483.855 - 3.937.334.615 4.888.038.685

TK Indomas 2.413.563.984 - - -

PT Sumber Nusantara Aditya. P 2.510.373.277

PT Pancawira Bangun Pratama 2.327.000.000

1.358.969.550 - 3.995.858.000

Kurnia Utama 2.209.589.640 - - -

PT Tropika Sukses Abadi 2.196.102.308 - 2.525.301.283 -

PT Wisesa Karya Prima 2.172.686.574 - 1.548.580.090 -

PT Sinar Indah Perkasa 2.162.418.120 3.199.534.990 4.110.528.726 5.305.696.103

PT Makmur Central Abadi 2.162.208.244 3.423.315.831 2.510.157.207 -

PT Venus Ceramica Indonesia 2.155.358.895 4.832.240.412 - -

PT Pura Mayungan 2.129.994.203 - - -

Gelar Gatra Laras 2.104.115.430 4.342.488.249 7.048.664.048 2.257.499.919

PT Anugerah Mortar Abadi 2.102.612.749 3.478.426.565 - -

3.405.273.256 - -

PT Viktori Profindo Elektrika 2.142.045.666 - - -

1.962.557.483 - -

PT Jatim Bromo Steel 2.246.600.588

- -

CV Anggadam Putra 2.330.361.576 - 1.307.116.360 6.972.820.000

- - -

PT Stahlindo Nusantara 2.241.843.047 - - -

PT Mitra Prima Optima 2.229.792.500 3.515.678.375 - 12.710.102.110

PT Farrasindo Perkasa 2.223.785.168 - - -

Pentayasa 2.223.182.548 3.823.896.538 - 11.325.045.486

CV Sukses Karunia Mandiri 2.221.834.463 2.761.317.813 2.900.073.199 7.047.255.267

- - -

CV Djihar Parna Dolok 2.321.569.967 - 1.985.835.306 -

125







PT Trinisyah Ersa Pratama

PT Bumi Cahaya Unggul

Berlian Palugada Perkasa

PT Merak Beton Perkasa

PT Airmas Ilthabi Teknologi

Trakindo Utama

PT Catur Insan Perkasa

1.885.349.005 1.715.058.123 2.998.128.860 3.025.752.350

1.872.800.000 - - -

1.862.459.191 2.186.323.586 - -

1.861.413.000 2.493.659.409 - -

1.845.137.029 - - -

1.844.936.522 4.915.139.976

1.802.884.123

- -

CV Rabbani Bersaudara 1.836.825.066 - - -

PT Buhit Dian Pertama 1.836.079.517 - - -

PT Duta Wijaya Elektrindo 1.829.944.000 - - -

PT Liga Adhi Buana 1.827.061.620 - - -

PT Dewata Tehnik 1.821.285.899 5.700.728.152 1.918.000.000 3.788.367.000

Koperasi Karyawan Adam Malik 1.818.588.198 - -

PT Lintas Asa Karya 1.804.130.430 - - -

CV Dwi Karya Kreasindo 2.069.818.181

25.




PT Bina Maju Tetap Jaya 2.080.000.000 - - -

PT Pancaran Blantara Indah 2.076.048.080 2.149.777.880 2.722.642.675 -

- - -

PT Abetama Sempurna 1.983.294.350 4.820.848.550 - -

PT Ispat Panca Putera 1.973.787.200 3.061.481.240 - -

PT Semesta Eltrindo Pura 1.960.685.436 5.489.116.887 - -

CV Indah Dwi Jaya 1.949.427.438 - 5.178.092.217 -

PT Yuleonal Elecal Samudra 1.940.690.269 4.790.461.157 4.080.381.040 2.761.092.660

PT Fajar Lestari Adiperkasa 1.935.686.893 - 1.273.556.895 -

PT Dian Cipta Anugerah 1.933.739.211 - - -

PT Rajawali Sakti Utama 1.932.440.453 1.578.987.235 3.595.419.665 6.447.729.517

PT Indoboiler 1.928.348.872 1.120.981.460 - 7.913.406.283

PT Jagad Sanitasi Indonesia 1.922.998.040 - - -

Nugroho 1.903.221.873 - - -

PT Nata Bangun Prima 1.891.029.402 - - -

PT Sinergi Tiga Sahabat 1.887.213.200 - - -

1.771.434.672 1.813.740.000 - -

-

PT Asia Pertama Abadi 1.736.538.539 - - -

2.023.010.652 2.108.310.752 -

PT Prima Indojaya Mandiri 1.710.069.303 - - -

PT Hilti Nusantara 1.707.273.491 1.420.184.503 - -

CV Sinar Terang 1.704.847.088 1.212.450.696 - 12.294.100.000

Fitri Damastuti Syarifah 1.701.836.502 - - -

CV Prima Panca Perkasa Mandiri 1.717.910.167

5.447.972.138 - -

Asphalt Bangun Sarana 1.786.487.512 3.551.303.530 - -

PT Rodha Jaya 1.782.531.519 - - -

Alkajaya Satria Perkasa 1.772.061.099 1.388.016.092 3.741.159.395 -

Dedy Sudarno 1.771.936.130 - - -

Cahyo Nugroho Yunasmoro

PT Talenta Maju Usaha Bersama 1.696.500.000 - - -

PT Kalimutu Mitra Perkasa 1.689.248.591 - - -


126







1.317.189.250 - -

PT Meganusa Transmission 1.667.547.529 9.436.782.651 - 3.012.634.250

Stahlindo Jaya Perkasa 1.654.908.752 - 3.058.432.107 3.646.227.695

25.




PT Togo Steel Industries 1.675.024.750

PT Encona Inti Industri 1.649.999.999 1.649.999.999 - -

PT Cahaya Metal Perkasa 1.641.888.100 5.023.455.000 - -

PT Metro Menggala 1.637.461.952 4.347.537.664 - -

Karya Mandiri Kreatif 1.628.987.364 - - -

- - -

PT Kadi Ternational 1.623.826.133 - - -

PT Arkindo 1.616.086.270 - - -

PT Jaya Mulia Perkasa 1.604.692.896 - 5.411.906.500 -

PT Deha Sejahtera 1.604.238.704 - - -

Ni Nyoman Sudiasih 1.594.168.138 - - -

PT Niaga Cipta Mulia 1.589.983.025 - 6.579.854.582 2.723.016.665

PT Perkasa Putra Alam Semesta 1.628.801.365

- - -

PT Sentral Perkasa Buana Ind. 1.585.267.902 3.946.380.000 8.420.784.047 4.560.570.037

PT World Trans 1.577.204.776 - - -

PT Mandiri Agung Abadi 1.571.055.698 1.849.582.789 - -

Koperasi Karyawan PP 1.557.667.867 1.044.263.091 - -

PT Altadesi Prima Citra 1.554.268.320 - - -

PT Pejaten Jaya Abadi 1.546.720.299 - 5.816.747.341 8.190.836.124

CV Multiguna Sejahtera 1.589.700.000

3.626.038.447 - -

PT Jaya Kencana 1.534.297.953 - 1.561.600.000 -

PT Rahmat Sejahtera 1.523.354.925 - - -

PT Weltes Energi Nusantara 1.522.799.285 - - -

PT Hasta Adhiraya 1.521.356.426 - - -

PT Surya Indogreen Perkasa 1.514.997.290 1.440.898.200 - -

PT Beton Budi Mulya 1.507.163.000 1.730.744.100 4.932.039.469 -

CV Batu Asli 1.544.973.032

3.462.376.527 - -

CV Duta Pelita 1.498.396.660 1.373.219.240 - -

PT Trijaya Mekanindo 1.493.798.804 - 1.479.027.038 -

PT Nuansa Aluminium 1.493.557.853 1.976.363.879 - -

Menumbing Mas Samudera 1.486.764.350 1.353.329.465 - -

PT Lybas Area Construction 1.476.523.206 5.950.745.444 - 1.022.273.800

PT Tiga Ikan Engineering 1.476.271.500 - - -

PT Metito Indonesia 1.499.705.882

- - -

PT Cakti Berkah Abadi 1.467.220.000 - - -

CV Trust Trading 1.462.780.405 3.095.583.800 - -

PT Sekawan Bangun Perkasa 1.468.565.752

PT Kreasindo Restu Utama 1.455.265.000 2.649.968.909 2.450.639.000 13.960.657.750

PD Hollywood 1.443.055.000 - - -

PT Universal Karya Konstruksi 1.437.377.500 - - -

PT Centra Utama Sejati 1.429.957.519 1.151.040.000 - -

- - - Gentha Ibnu Aslantua 1.429.500.987


127








CV Media Informatika 1.330.170.313 1.582.860.184 1.243.381.516 -

PT Graha Bara Lestari 1.329.754.000 1.652.921.647 - -

CV Cipta Prestasi 1.314.592.128 1.081.779.113 - -

PT Barindo Trimitra Mandiri 1.310.612.000 - - -

PT Mahardika Daya Inti 1.304.813.426 2.099.319.819 - -

PT Jotun Indonesia 1.302.279.146 1.903.371.083

PT Lintang Andalan Makmur 1.250.947.432

PT Griyaton Indonesia 1.241.483.271

- -

Sumber Sukses Bersaudara 1.277.008.560 1.655.148.141 5.098.737.825 -

Riau Beton Mandiri 1.266.096.085 - - -

PT Tanjung Raya Prima 1.264.102.081 - - -

PT Balikpapan Readymix 1.254.698.685 11.814.362.743 13.809.740.923 22.891.354.020

Ucang Sukriswantost 1.253.937.000 - - -

CV Pola Bangun 1.253.498.400 -

CV Kevindo Jaya 1.427.859.685 1.435.014.750 - -

PT Putra Fajar Idola Pratama 1.419.830.811 - - -

PT Cometco Inti Prima 1.416.108.863 1.052.232.152 - -

PT Bosowa Pasir Bara 1.414.385.168 1.414.385.168 - 1.973.272.274

CV Dian Sarana 1.413.896.216 1.434.668.047 - -

PT Clarindo Jaya Perkasa 1.400.766.265 - 11.265.591.384 1.685.865.690

25.




PT Brilliant Jaya 1.393.095.695 3.211.175.860 - -

CV Ridhotama Jaya 1.393.027.600 1.814.664.256 4.441.670.110 -

PT Multi Structure Sarana 1.392.857.738 - 2.165.301.020 -

Igasar 1.386.261.432 - - 2.652.039.392

PT Wiguna Logam Prima 1.385.077.500 - - -

CV Wahana Cipta Karsa 1.381.385.025 - - -

PT Bona Ule Mandiri 1.374.998.467 - - -

GRC Mulya Abadi 1.360.778.423 1.517.018.108 - -

Adidaya Raksa Persada 1.355.790.420 - - -

PT Binaguna Citrasejati 1.346.671.651 2.507.391.534 - -

PT Pelita Enamelware Industry 1.339.516.012 - 3.917.430.000 -

Neksusindo Cahaya Gemilang 1.338.720.982 - 4.279.000.000 -

Tama Karya 1.336.180.639 - - -

Joko Listiawan 1.335.897.345 - - -

1.734.440.037

CV Jaya Abadi Mandiri 1.252.673.970 - - -

2.021.784.575 10.287.986.147 -

PT Duta Reka Bumi 1.250.234.395 - - -

CV Arum Abadi Readymix 1.249.791.125 - - -

CV Multi Guna Sejahtera 1.249.327.250 - - -

PT Uzindo 1.248.556.132 - - -

CV Amanda Putri Mandiri 1.247.264.371 - - -

-

PT Tata Cahaya Mandiri 1.245.826.900 - - -

- - -

Ir Rusly Gunawan 1.240.912.122 - - -

Prokon Bangun Mitra Sukses 1.239.855.267 - - -

128











Sorento Nusantara 1.234.768.675 - - 2.276.228.198

2.196.903.025 9.426.370.586 9.885.776.480

CV Amanah Abadi 1.229.290.962 1.249.047.456 - -

CV Pandawa Mega Erlangga 1.227.699.486 - - -

PT Citra Seraya 1.218.349.160 - - -

CV Raneta Sejahtera 1.215.370.200 1.327.642.750 - -

PT Beton Elemen Persada 1.232.025.232

Bayu Putra Mandiri 1.238.333.767 1.303.569.951 - -

CV Prima Wira Agung 1.237.582.000 - - -

PD Sinar Bandara 1.234.936.605 - - -

- -

PT Kotaminyak Internusa 1.208.749.338 - - -

1.207.500.000 - -

CV Permata Alam 1.198.100.886 1.872.739.605 - -

PT Duta Usaha Makmur 1.196.951.820 - - -

CV Life Stone 1.195.369.830 - - -

PT Bangun Batara Construction 1.193.172.288 - - -

PT Ben Mandiri Abadi 1.192.507.880 - - -

Satya Priambodo 1.212.624.965 -

PT Semangat Hasrat Jaya 1.185.632.325 - - -

PT Surya Cahaya Gemilang 1.207.500.000

- - -

Rimba Timur 1.184.952.247 - - -

Suherli Asgap 1.184.418.175 - - 2.846.249.601

Gradiana Ivony Tan 1.182.979.113 - - -

PT Cipta Karya Bersama Abadi 1.182.612.626 1.070.529.930 1.564.890.000 -

PT Intiguna Agrawisesa 1.182.236.870 - - -

PT Sugih Asih Pratama 1.181.601.934 3.219.165.619 - -

UD Hem Jaya 1.185.126.636

- - -

CV Karya Jaya 1.170.932.371 - 3.563.190.481 -

PT Farama Mitra Mandiri 1.161.983.527 3.269.273.994 7.219.455.686 -

PT Danatel Pratama 1.171.674.789

CV Kenanga 1.143.270.723 2.283.330.595 2.373.243.021 -

PT Fortuna Badja Inti 1.142.467.271 - - -

PT Vsl Indonesia 1.136.415.749 - 1.676.973.937 -

CV Ilya Jaya 1.129.942.664 4.599.882.226 12.975.877.065 -

- - -

PT Wirya Krenindo Perkasa 1.118.760.265 - - -

CV Sumber Arta Raya 1.103.448.804 - - -

Ali Yusup Saputra 1.102.157.280 - - -

CV Barokah Abadi 1.095.000.000 - - 2.293.120.000

PT Cendana Jaya Mandiri 1.093.180.397 1.602.659.241 - 6.253.914.846

PT Safari Transmoda Abadi 1.089.500.000 - - -

Mochamad Alfan 1.128.927.000

- - -

CV Atap Perkasa 1.078.757.368 - - -

PT Bangun Kubah Sarana 1.074.209.254 5.007.120.510 - -

CV Tiang Sekawan Enginering 1.067.750.000 - - -

PT Warnatama Cemerlang 1.088.247.420

129








Nauli Hasan 1.065.276.950 - - 7.113.688.982

PT Jaya Agung Ceramindo 1.065.017.959 2.162.862.847 - -


PT Hega Cipta Elektrika 1.048.848.146 - - -


4.232.554.729 2.527.597.675 -

CV Pilar Persada 1.043.887.740 - - -

PT Sekasa Inti Perkasa 1.033.098.521 10.024.150.221 18.350.626.546 -

PT Simed Prakarsa Indonesia 1.032.736.697 - - -

Gaka Karya Engineering 1.029.881.992 1.220.393.023 - -

PT Karya Jaya Cemerlang 1.026.679.650 4.600.070.476 6.750.855.183 -

Muchlis Abdul Kadir 1.021.747.824 - - -

PT Pacific Prestress Indonesia 1.048.773.879

1.724.746.737 - 1.999.144.042

PT Sanpala Inticon 1.011.342.327 - 6.942.506.687 9.224.249.286

CV Sejatindo Prima Bangunan 1.009.619.940 1.283.818.943 3.069.040.436 18.887.561.974

PT Saeti Beton Pracetak 1.009.220.000 1.365.788.640 - -

PT Lion Metal Works 1.005.698.909 - 4.855.264.719 1.271.245.288

PT Kredo Keramindo 1.003.574.200 1.187.255.500 6.909.194.128 -

CV Dipo Pembangunan 1.002.594.412 - - -

CV Trijaya Teknik Kurnia 1.017.887.362

- 1.455.136.041 -

PT Abb Sakti Industri - 17.456.175.517 - -

PT Putra Baja Deli - 16.377.598.170 - 9.272.474.968

PT Maribaya Electrindo Jaya - 14.001.260.000 - -

Wartsila - 9.945.530.034 - -

PT Bangun Cipta Kreasi - 9.491.357.397 5.451.938.887 -

CV Labora Mandiri - 9.337.561.535 12.835.045.683 27.846.820.952

PT Green Persada Enviro 1.001.430.468

9.205.950.838 6.141.640.695 -

PT Darma Subur Satya - 7.342.736.106 - -

PT Mitra Wiratindo Indonesia - 6.929.308.092 - 7.200.412.836

PT Sho-Labo Consulting Training - 6.248.983.890 1.018.079.910 1.262.568.463

PT Panca Tunggal Sukses. M - 6.202.534.403 - -

Tetrasa Geosindo - 6.028.724.682 7.179.922.088 3.588.786.974

PT Anugrah Karunia Alam - 5.925.840.040 1.273.056.916 -

PT Alim Ampuhjaya Steel -

5.865.558.037 - -

PT Conductorjasa Suryapersada - 5.709.965.155 9.198.597.052 9.513.039.052

PT Suryagraha Mandiri Utama - 5.470.432.067 - -

PT Bondor Indonesia - 5.338.300.967 - -

PT Gunayasa Dianartha - 4.918.210.000 - -

PT Sumber Seta Murni - 4.635.160.498 6.281.370.379 8.846.745.097

PT Famili Kita - 4.435.270.818 3.235.033.329 3.520.021.354

PT Delta Jaya Utama -

4.339.510.760 9.700.541.559 4.678.966.953

PT Marunda Jaya - 4.255.897.611 - -

PT Putra Lebra Perkasa - 4.150.911.687 5.889.879.271 10.558.070.947

PT Berkah Mulia Mandiri - 4.135.453.637 - -

Imam Muhsin - 4.075.158.075 - -

PT Duta Indah Perkasa -


130







CV Cilong Mandiri - 3.983.720.638 - -

PT Surya Pertiwi - 3.961.005.149 2.176.490.594 2.214.625.402

25.




3.939.609.203 - -

Aditya Aryaprawira Shipping - 3.925.239.573 2.230.648.770 -

PT Citas Otis Elevator - 3.597.500.000 - -

PT Geostructure Dynamics - 3.568.160.371 - -

CV Sarana Pondasi - 3.564.617.162 - -

CV Mustika Jaya - 3.502.671.583 - -

Gnc Galileo S.A - 3.479.662.724 - -

PT Beton Elemenindo Perkasa -

3.364.727.238 5.846.579.104 13.496.647.304

PT Arief Karya Perdana - 3.320.617.381 5.427.941.452 12.653.400.214

PT Sanggar Adhisarana Teknik - 3.270.973.560 - -

PT Bagani Citra Mandiri - 3.219.105.675 1.918.252.800 9.846.987.800

Galaxy Persada - 3.205.745.717 - -

PT Ting Tai Konstruksi Indonesia - 3.165.090.000 1.144.243.500 -

PT Focon Interlite - 3.145.241.897 - -

PT Wavin Tunas Utama -

3.106.868.797 17.443.533.302 13.400.069.079

PT Intikarya Sukses Abadi - 3.086.434.908 - 2.131.165.685

PT Titra Pelangi Nusantara - 3.082.185.890 - -

A & K Door Indonesia - 3.048.309.161 - -

CV Setia Abadi - 3.008.955.581 - -

PT Dharmawan Intersarana - 2.997.765.000 5.906.603.384 -

Fajrin - 2.932.580.000 - -

CV Harapan Abadi -

2.907.500.000 - 2.774.912.945

PT Indoprima Niaga Sakti - 2.846.608.695 - -

PT Indo Nusantara Tata Udara - 2.801.834.790 - -

CV Alam Baru - 2.662.675.082 - -

Deva Ismery - 2.649.167.500 1.808.238.375 -

PT Panca Karya Wijaya - 2.614.000.000 - -

PT Kurnia Utama Raya Multi - 2.604.150.500 - -

PT Pillar Utama Contrindo -

2.600.030.509 3.533.360.846 3.164.608.017

PT Delta Multi Contr. & Supplier - 2.592.783.673 3.360.037.649 3.583.945.727

CV Diafragma El Nusa - 2.592.212.128 - -

PT Edlyn Dehensi - 2.581.990.243 - -

PT Penta Mandah Sejahtera - 2.566.643.948 - -

CV Karya Anugerah Jaya - 2.542.939.577 - -

PT Tri Pilar Multigraha - 2.539.706.849 - 2.074.452.436

Pelita Enamelware I C -

2.451.439.123 - -

CV Nur Kusuma - 2.389.523.682 - -

PT Steel Pipe Industry Of Ind. - 2.365.710.243 4.432.196.373 3.173.041.660

Naldy Surya Effendy - 2.344.146.706 - -

PT Asme - 2.321.942.000 - -

PT Waagner Biro Indonesia - 2.310.418.950 - -

CV Trijala Perkasa -


131







PT Westindo Nusa Perkasa - 2.300.000.000 - -

25.




2.279.207.000 - -

Karyono - 2.254.168.000 1.040.192.387 -

PT Sekasa Mitra Utama - 2.249.218.042 - 6.107.604.000

CV Karya Kaca Glass - 2.226.172.461 - -

PT Alfa Stilindo - 2.219.248.530 5.690.765.182 13.588.852.388

PT Jaya Inti Persada - 2.158.012.502 - -

PT Nuansa Karya Persada - 2.145.785.242 - -

PT Oni Utama Mandiri -

2.139.426.211 - -

Khairil Umar - 2.138.720.122 - -

PT Fadia Cipta Mandiri - 2.087.714.818 - -

PT Decon Multi Industri - 2.082.677.222 6.882.636.296 -

PT Bangkit Jaya Elektrindo - 2.058.376.231 1.712.257.757 -

PT Pratama Widya - 2.038.158.623 3.857.897.458 -

Dinamika Nusantara Kencana - 2.004.148.373 - -

Pradana Persada -

1.877.457.770 2.121.522.141 4.704.126.954

PT Humpuss Transportasi Curah - 1.877.457.770 1.738.281.882 -

CV Bangkit Raharja - 1.867.767.779 10.895.531.750 9.082.887.960

PT Sembilan Garis Cemerlang - 1.860.322.356 - -

PT Paradise Perkasa - 1.856.630.125 - -

Agus Hariyanto - 1.851.550.362 - -

PT Tata Nusa Abadi - 1.851.078.206 - -

Adi Prasetya -

1.843.378.682 - -

PT Fajar Mas Murni - 1.799.383.238 1.450.000.000 -

Cipta Krida Bahari - 1.794.168.908 - -

PT Control Tech International - 1.779.917.132 - -

PT Hydroraya Adhi Perkasa - 1.751.946.539 - -

PT Swarna Baja Pacific - 1.734.191.910 - -

UD Arto Moro - 1.724.562.290 - -

PT Bukit Jaya Abadi -

1.685.814.881 3.385.401.580 3.385.401.580

PT Arcadia Multi Graha - 1.682.971.801 - 2.235.755.000

PT Unggul Sejati Indonesia - 1.667.175.525 2.307.091.753 4.618.949.776

PT Supra Manunggal Sejati - 1.647.171.500 - -

Nur Sejahtera - 1.611.197.308 3.474.210.150 -

CV Cahaya Rimba - 1.610.014.401 1.208.158.751 1.809.702.251

CV Catur Perkasa - 1.567.440.616 - -

CV Karya Prima Pondasi -


1.998.023.832 4.052.950.000 1.101.000.000

CV Manggar Kreasi - 1.981.054.392 - -

PT Awmina Jaya - 1.934.229.925 - -

PT Era Teknindo Nusantara - 1.920.097.533 - -

Syahril - 1.918.132.917 - -

PT Adhiguna Karya Jaya - 1.901.411.654 1.090.231.893 -

PT Gilang Briskanandita Sejati - 1.890.263.415 - -

PT Andalan Teknologi Mandiri -

132










-

1.452.826.271 - -

CV Megah Agung Persada -

25.


June 2016

1.269.349.991 - -

Agostinho - 1.261.971.066 2.454.827.500 1.396.634.375

1.425.637.707 - -

PT Thonnindo Isiarta Konstruksi - 1.406.583.753 - -

CV Maharani Perkasa - 1.405.118.539 - -

PT Bina Santika Wijaya - 1.403.800.000 1.374.829.432 1.374.829.432

CV Utama Bintan Sukses - 1.371.866.958 - -

Mukhamad Mujahidin - 1.370.420.250 - 3.133.563.400

PT Visitama Sarana Cipta - 1.368.075.000 2.281.458.451 5.394.179.546

PT Duta Sarana Perkasa -

PT Satya Langgeng Sentosa -

CV Disam Jaya Putra -

Iwan Suryoko - 1.289.934.946 - -

1.258.514.726 - -

PT Elco Power System - 1.250.000.100 - 1.355.586.419

PT Bintang Raya Sakti - 1.245.672.350 1.073.769.500 -

CV Chelin Berkah Murni - 1.245.221.704 - -

PT Aneka Hitachindo Pratama - 1.224.600.000 2.113.811.811 2.921.003.953

CV Priya Mandiri - 1.205.084.400 1.509.099.992 -

PT Mitramas Adidarma - 1.205.000.000 1.414.965.500 1.687.977.926

PT Adiwarna Anugerah Abadi -

1.201.881.893 - -

PT Arga Wastu - 1.191.600.090 - -

PT Feedback Indra - 1.189.286.330 - -

Zaenuri Iksan - 1.188.279.000 1.226.004.811 -

Muh Anas S - 1.169.049.409 - -

CV Rizki Abadi - 1.161.379.258 - -

PT Superior Prima Sukses - 1.131.079.800 - -

CV S Margono -

1.120.585.800 1.296.837.912 -

Ni Ketut Nining Widartini - 1.117.708.919 - -

Yan Cahyono - 1.112.335.000 - -

PT Karya Internusa - 1.100.719.616 - -

PT Baskara Prima Sarana - 1.090.000.000 - -

PT Bestindo Aquatek Sejahtera - 1.089.190.000 1.247.117.500 -

CV Alumie Jaya - 1.073.529.000 - 5.447.540.500

CV Buana Mitra Perkasa -

1.058.183.799 4.516.443.609 - CV Graha Sarana -

1.364.363.722 - -

PT Arga Bangun Ideal - 1.363.112.500 - -

Sohopi Dg Serang - 1.358.908.200 - -

PT Jaya Teknik Indonesia - 1.308.000.000 2.727.096.265 3.500.080.310

1.537.073.848 6.628.764.895 2.080.673.196

PT Akbar Budi Sakti - 1.530.000.000 2.044.165.222 2.896.049.906

Surya Sejahtera Bersama - 1.515.500.000 - -

PT Cakra Raya Teknologi 1.506.747.278 4.681.200.000 -

PT Murti Cahaya Wirasaba - 1.495.205.469 21.135.050.683 6.967.029.674

PT Wila Karya Mandiri - 1.480.131.571 - -

PT Parama Adhi Pratama -

133











Granitoguna Building Ceramics - 1.049.693.008 - -

PT Prima Usaha Sarana. S - 1.047.507.000 - -

CV Sinergi Wijaya - 1.042.939.073 5.568.792.151 6.575.316.385

PT Asri Pancawarna - 1.038.255.070 1.281.334.356 -

PT Australindo Graha Nusa - 1.037.507.671 1.225.669.617 3.712.157.201

PT Indojaya Sukses Makmur - 1.027.727.408 - -

1.020.045.000 2.928.637.800 -

PT Hefa Sarana Kontraktor - 1.012.855.985 - -

Budi Susilo - 1.008.056.572 - -

PT Beton Perkasa Wijaksana - 1.005.330.000 - -

PT Fajar Lestari Adi Perkasa - 1.000.178.751 - -

PT Supra Bakti Mandiri - - 65.002.740.000 -

PT Xla Cipta Perkasa - - 34.054.813.641 -

Yusuf -

- 16.508.193.078 3.965.170.249

CV Margono - - 16.421.037.147 5.654.135.960

PT Mhe-Demag Indonesia - - 15.730.023.820 -

Kopeg Dharma Usaha - - 14.540.140.834 44.066.763.391

PT Alfa Granitama - - 14.026.415.251 5.531.207.705

PT Paku Bumi Semesta - - 12.570.108.097 4.913.248.436

PT Superhelindo Jaya - - 12.330.000.000 -

PT Multi Cipta Adikarya -

- 10.331.090.800 -

PT Cipta Sejahtera Lestari - - 9.765.796.000 -

PT Sinar Metrindo Perkasa - - 8.249.205.000 8.029.891.400

PT Putriland & Brothers - - 8.104.518.651 6.646.879.300

PT Sinar Harapan Bajamandiri - - 7.853.645.672 -

PT Pel.Nas.Gandasari Shipping - - 7.739.773.250 -

PT Gema Karya Abadi - - 6.170.776.089 -

CV Karya Gemilang Sejahtera -

- 6.169.394.000 3.745.400.137

CV Pandan Ayu - - 5.929.296.048 -

CV KMK Karya Mandiri Kreatif - - 5.752.244.289 23.498.127.415

PT Karya Beton Sudhira - - 5.610.452.366 -

Cepco - - 5.476.480.296 64.556.056.493

PT Ihaka Saka Nusantara - - 5.231.523.445 -

CV Bina Wira Mandiri - - 4.726.256.763 -

PT Mitra Usaha Sejati -

- 4.639.164.020 -

PT Mulia Sejati Galleri - - 4.600.156.405 4.065.186.266

CV Jadi Karya Utama - - 4.531.576.976 -

Interindo Dutatekno - - 4.531.060.193 17.761.722.229

CV Hadi Utama Karya - - 4.489.627.400 -

CV A Nam Subur - - 4.351.405.576 1.358.583.567

PT Sarana Artha Grahawisesa - - 4.245.815.533 2.422.737.442

PT Kreatif Mantani -

- 4.215.758.000 -

PT Pelangi Alam Semesta Raya - - 4.210.560.000 5.369.830.000

PT Sika Indonesia -

134







PT Trans Paramitha Utami - - 4.096.914.019 -

PT Biru Internasional - - 4.095.218.576 2.371.410.405

PT Globalindo Kreasi Teknik - - 4.077.099.225 3.606.421.824

Bmh Techlogies - - 3.997.839.480 52.524.498.000

PT Mahesa Daya Inti - - 3.967.168.968 7.347.831.543




- 3.930.383.051 -

Dwi Jetty Nusantara - - 3.809.562.612 2.008.864.183

PT Sinara & Brothers - - 3.787.791.851 -

PT Bethel Instalator Indonesia - - 3.771.109.886 7.198.756.825

CV Prima - - 3.765.184.469 -

PT Tanjung Raya Prima - - 3.709.111.968 2.859.742.932

Refi Efendi - - 3.702.523.154 -

PT Kokoh Inti Arebama -

- 3.683.318.638 4.055.845.804

PT Dapensi Abadi - - 3.628.363.400 -

PT Yanika Agung Construction - - 3.598.862.600 -

CV Citra Dewi Sri - - 3.574.591.900 -

CV Ilyas Pratama - - 3.557.220.963 11.552.381.379

PT Tunjung Raya Mas - - 3.539.682.505 14.158.515.171

PT Alstom Grid - - 3.460.000.000 -

CV Gapura Jaya Teknik -

- 3.397.190.000 -

CV Karya Mulia Marmer - - 3.382.579.091 -

Multi Prima Semesta Abadi - - 3.309.232.021 4.399.964.618

PT Bintang Multi Science - - 3.308.284.056 -

PT Inti Daksina Tunggal - - 3.250.000.000 -

PT Mitramas Artha Griya - - 3.235.300.000 18.482.997.719

PT Firman Jaya Makmur - - 3.195.766.031 -

PT Focon Indo Beton -

- 3.177.597.763 10.938.231.552

PT Musi Sarana Mandiri - - 3.151.353.450 -

PT Graha Karya Persada - - 3.023.859.491 -

PT Frankipile Indonesia - - 2.964.496.217 -

CV Dwi Tunggal Makmur - - 2.954.290.611 4.216.836.108

PT Bidukmas - - 2.917.472.275 5.160.843.081

PT Graha Pratama Mandiri - - 2.910.325.695 -

PT Tabgha Multi Pratama -

- 2.899.875.000 2.343.118.611

PT Dynami Perkasa Indonesia - - 2.880.000.000 -

CV Karya Langgeng Jaya - - 2.829.660.005 -

PT Alif Karya Abadi - - 2.827.102.885 -

PT Jamindo - - 2.749.205.105 3.096.370.147

Omega Solusindo Bersama - - 2.745.126.080 -

PT Trafoindo Proma Perkasa - - 2.738.493.274 1.634.400.000

PT Andika Mandiri -

- 2.638.997.675 -

PT Mega Pelita Jaya - - 2.601.090.756 1.193.569.036

PT Epacs Sakti - - 2.550.000.000 -

CV Tiga Sri Bintang -


135







PT Rofindo Adhi Prima - - 2.526.553.641 -

PT Karya Megah Gunung Mas - - 2.397.440.099 -

Swadaya Harapan Nusantara - - 2.390.000.000 6.300.000.000

Lalu Nurji - - 2.366.281.768 -

25.




- 2.311.505.781 -

PT Sadani Lestari Indah - - 2.311.406.793 -

PT Intinusa Selareksa - - 2.261.480.520 3.108.079.868

PT Tehnik Bayu Murni - - 2.240.512.750 1.841.141.750

PT Bangun Cipta Karya Mandiri - - 2.190.261.953 -

Nurhansyah - - 2.167.500.000 -

PT Pagar Siring The Company - - 2.144.120.195 -

PT Ecolab International Indonesia -

- 2.134.745.000 -

Sumber Rejeki Prima - - 2.122.517.332 6.985.926.792

CV Mechanindo Pratama - - 2.113.919.653 2.585.774.073

PT Indoblock Mitra Lestari Ind. - - 2.107.341.000 -

PT Indo Unggul Pracetak - - 2.097.124.977 3.977.386.733

PT Delima Karya GRC - - 2.075.262.188 -

PT Indo Perkasa Mandiri - - 2.049.243.148 3.297.704.386

PT Sumerlindo Danisemesta -

- 2.048.768.920 -

Dimas Bayu Prayogo - - 1.972.617.950 -

Hasta Mandiri Nusantara - - 1.971.873.767 1.203.837.081

PT Mitra Bangun Grahatama - - 1.948.838.400 -

PT Surya Abadi Isolasi - - 1.947.450.428 -

PT Three Technologies Indonesia - - 1.944.478.750 -

Matrikstama Andalan Mitra - - 1.917.051.286 1.391.942.226

PT Duta Kreasi Bersama Realti -

- 1.889.049.400 -

PT Aneka Star - - 1.883.739.303 -

PT Bostinco - - 1.880.595.150 1.385.768.391

PT Tanjungsari Prima Sentosa - - 1.875.300.000 -

PT Pusaka Buana Karya Prima - - 1.868.531.901 1.492.000.000

Dwi Anggareksa - - 1.860.115.810 6.514.810.254

PT Bach Multi Global - - 1.860.000.000 -

PT Putra Jaya Serasi -

- 1.847.268.500 3.024.630.000

PT Pandu Tunggal Permana - - 1.843.737.707 -

PT Dwi Sangkala Perkasa - - 1.828.066.540 -

Erfan Syaputra - - 1.827.933.735 -

Lo Willy Prang - - 1.811.946.130 -

PT Berkah Esa Perkasa - - 1.800.000.000 -

PT Setia Karya Sentosa - - 1.767.295.015 -

Prima Rezeki Pertiwi -

- 1.738.402.958 -

PT Lentera Kurnia Abadi - - 1.733.380.690 4.453.019.900

CV Pandawa Lima - - 1.717.783.734 -

Puskop Kartika Sriwijaya - - 1.713.832.473 4.890.671.006

CV Karya Cesco -


136







CV Surya Perkasa - - 1.683.896.758 -

PT Multi Prima Semesta Abadi - - 1.647.251.663 -

Tetrasetia Indonesia - - 1.646.205.631 10.322.867.586

25.




- 1.616.960.000 5.437.988.950

Fauzan Dan Popo Suparma - - 1.608.539.577 -

PT Jof Metal Works - - 1.600.735.592 -

PT Citra Inti Bersama - - 1.599.809.500 -

Metropolitan Bayutama - - 1.571.000.000 -

CV Chaidar - - 1.550.007.712 1.018.824.260

PT Menara Mitra Selaras - - 1.521.375.000 -

CV Sinar Perdana Sejati -

- 1.500.000.000 -

PT Wahana Technindo Lestari - - 1.458.773.739 -

Bakhtiar - - 1.457.800.000 -

PT Bintang Jati Makmur - - 1.457.657.994 15.626.043.292

CV Dimasindo - - 1.446.669.172 5.656.206.581

PT Iskaba Pratama - - 1.435.497.628 13.787.298.485

PT Maza Pradita Sarana - - 1.426.600.000 -

PT Sempurna Readymix -

- 1.419.765.000 -

CV Karya Segar Persada - - 1.411.575.000 -

Abb PTE Ltd - - 1.409.383.147 -

CV Porlak Uli - - 1.402.614.366 -

PT Patra Logistik - - 1.395.763.750 -

PT Gerbang NTB Mas - - 1.393.037.400 -

PT Aremix Planindo - - 1.392.130.230 -

PT Surya Sukses Makmur -

- 1.389.429.825 -

PT Graha Parama Santosa - - 1.388.774.010 1.305.447.571

Fachrur Rozzi - - 1.385.640.000 -

PT Sucofindo - - 1.367.833.199 -

PT Genta Bahtera Utama - - 1.367.193.400 -

PT Indo Diesel Perkasa - - 1.340.000.000 -

PT Wahana Anugerah Pratama - - 1.329.597.437 3.202.937.312

CV Lancar Cipta Jaya -

- 1.327.277.925 -

PT Dwi Prima Engineering - - 1.327.000.000 1.773.331.000

CV Tri Hazna Putri - - 1.321.738.357 2.349.214.788

Bundo Kanduang Diesel - - 1.316.311.695 -

Herman - - 1.315.823.926 -

CV Wahyu Tama Mandiri - - 1.309.262.759 -

Asfirino - - 1.306.330.665 -

PT Geowater Mandiri -

- 1.269.724.000 -

PT Adiyasa Putra Utama - - 1.267.976.245 -

Internusa Megah Cahaya - - 1.244.955.900 4.295.547.296

Abdul Rahman - - 1.232.282.722 -

PT Mitra Mandala Jaya - - 1.218.247.305 6.433.238.222

PT Torsina Redikon -


137







PT Daya Cipta Aneka Reksa - - 1.058.242.671 -

CV Indo Bio Mandiri - - 1.051.600.000 -

PT Wijaya Engindo Nusa - - 1.049.427.841 -

Nirwansyah - - 1.049.287.580 -

CV Mitra Mandiri Jaya - - 1.049.159.000 -

PT Concrete Tech. Indonesia - - 1.048.237.000

Mutial Dwi Candra -

-

PT Hardi Agung Perkasa - - 1.047.376.469 -

CV Teknik Sadar - - 1.045.157.412 1.049.785.241

Vastorindo Jaya Semesta - - 1.042.873.218 5.262.566.753

Gravelindo Alam Makmur - - 1.033.794.537 -

CV Orbit - - 1.029.680.000 -

PT MahaCipta Inti Alam - - 1.023.120.000 -

PT Anugerah Wijaya Trisna - - 1.020.370.000 -

- 1.012.277.775 -

PT Tenaga Mahir Int'l Mandiri - - 1.197.534.076 -

PT Prima Sejati Makmur - - 1.184.075.880 -

25.




- 1.180.710.000 -

Arifyanto - - 1.178.226.900 2.005.449.200

PT Trimitra Andalan Perkasa - - 1.170.000.000 -

PT Eleganza Tile Indonesia - - 1.168.293.829 -

PT Karsa Prima Permata Nusa - - 1.168.207.401 7.491.368.575

PT GriyaCipta Cahayaprima - - 1.168.081.516 -

PT Freyssinet Total Technology - - 1.166.020.001 -

Pusaka Marmer Indah Raya -

- 1.165.792.320 -

CV Prima Cipta Karya - - 1.164.753.004 -

CV Bulungan Jaya Mandiri - - 1.162.000.800 3.399.086.488

PT Fernando Niaga Kolotosa - - 1.150.990.000 -

PT Puja Kesuma Gemilang - - 1.150.050.000 -

CV Tombakindo Pratama - - 1.148.717.300 -

CV Wahana Citra Sejati - - 1.130.568.738 -

CV Mutiara Gemilang -

- 1.114.910.898 -

Mitra Cidas Perkasa - - 1.111.076.479 15.615.117.879

CV Daya Prima Sinergi - - 1.109.627.950 -

PT Acset Indonusa Tbk - - 1.096.541.048 -

PT King Sun Indo Utama - - 1.092.000.000 -

Hajar Aswad Kontruksindo - - 1.078.011.428 -

PT Bimo Javan Adijaya - - 1.073.000.000 -

PT Shadit Konstruksi Geoteknik - - 1.084.399.335 -

PT Dayatara Mitra Sena -

Kopkar Iki - - 1.009.814.220 1.901.212.400

CV Harapan Mulia - - 1.000.062.896 -

Sunway Spun Pile Co. Ltd - - - 20.487.402.122

PT Indal Steel Pipe - - - 20.247.548.564

PT Surento Nusantara - - - 18.124.000.000

Farmel Cahaya Mandiri - - - 16.346.029.947


138







- - 15.062.062.555

PT Trocon Indah Perkasa - - - 14.913.337.201

CV Bangun Sejahtera - - - 13.910.422.967

PT Agung Sara Luwih - - - 11.991.776.829

PT Indo Meco Primatama - - - 11.533.460.935

PT Perkasa Beton Abadi - - - 11.377.256.566

PT Sumber Rejo Eterno -

25.




PT Bandar Sarana Tama - - - 11.277.670.940

- - 9.039.804.223

PT Surya Marga Luhur - - - 8.842.737.171

PT Geosindo Teknik Prima - - - 7.904.000.000

PT Multi Perkasa utama - - - 7.571.151.862

PT Prima Jasa Aldodua - - - 7.329.551.736

PT Mitsubishi Jaya Elevator - - - 6.934.097.380

CV Indah Jaya Sempurna - - - 6.615.186.841

Bintang Aneka Karya -

- - 6.510.891.800

Bumi Barito Utama - - - 6.440.604.450

Inti Beton Sukses Pratama - - - 6.264.577.074

PT Bakrie Metal Industries - - - 6.205.853.422

CV Sumber Jaya - - - 6.202.402.975

PT Bukaka Teknik Utama - - - 6.053.994.716

Addi Harapan - - - 5.901.539.484

PT Wira Kusuma Sejahtera -

- - 5.883.155.596

CV Tri Manunggal - - - 5.786.691.164

PT Sinar Teknik Sarana - - - 5.041.611.499

CV Mutiara Sejati - - - 4.977.124.665

CV. Gunung Mazmur Jaya - - - 4.922.544.865

PT Pelita Anugerah Bahari - - - 4.910.660.835

Alsun Suksesindo - - - 4.884.306.747

CV Ratih -

- - 4.878.644.613

PT Teguh Karya Sejahtera - - - 4.499.408.595

CV Dua Putra - - - 4.340.234.960

Sembilan Garis Intiusaha - - - 4.324.421.387

PT Citra Absorbsi - - - 4.279.442.250

Beton Konstruksi Wijaksana - - - 4.158.847.464

PT Bangkit Ampuh Abadi - - - 4.157.784.000

PT Annisa Amelia Pratama -

- - 4.130.830.000

PT Karya Para Mandiri - - - 4.109.700.000

PT Viccon Modern Industry - - - 4.015.977.062

CV Prakasa Lestari -

PT Djabes Sejati - - - 3.945.356.023

CV Alam Tunggal Semesta - - - 3.940.000.000

PT Jaya Sentrikon Indonesia - - - 3.904.197.780

PT Lebahutama - - - 3.689.169.200

- - 3.672.154.824 PT Bayu Tirta Lestari -


139







PT Modenkara Cipta Usaha - - - 3.581.931.296

PT Gemilang Perkasa Nusantara - - - 3.555.872.250

PT Indonesia Pondasi Raya - - - 3.500.129.477

Lima Tiga Jaya - - - 3.458.423.683

PT Utama Beton Perkasa - - - 3.452.345.000

Ainul Huda/CV.Estu Sembada - - - 3.416.151.004

25.




- - 3.410.499.861

PT Sinar Rezekimas Makmur - - - 3.395.405.750

PT Adikarsa Dinamika Sentosa - - - 3.256.903.501

PT Laplasindo Pratama - - - 3.239.065.000

PT Sidokumpul Raya - - - 3.214.129.300

CV Kojastek - - - 3.213.560.000

PT Novita Putrisulung - - - 3.207.373.355

PT Budi Perkasa Alam -

- - 3.176.412.005

Yudanex Primatama - - - 3.054.796.170

Rol Natamaro Indonesia - - - 3.053.463.339

CV Desanda - - - 2.983.537.160

PT Tan Energy Indonesia - - - 2.949.266.200

PT Palm Sarana Aestethica - - - 2.860.000.000

PT Megah Makmur - - - 2.858.255.587

Vinotek Ratuliu -

- - 2.687.967.401

PT Jaya Readymix - - - 2.661.290.700

Dinamika Struktural System - - - 2.614.242.047

CV Jaya Utama - - - 2.609.176.994

PT Geotechnical Systemindo - - - 2.592.916.400

Hartam Sodiq - - - 2.576.133.435

AS Hennry Dunnat Siagian - - - 2.543.472.000

PT Dekorindo Selbytra Nugraha -

- - 2.513.730.360

PT Trimitra Selaras Raharja - - - 2.491.677.000

CV Rado Utama - - - 2.491.247.596

CV Batakan Jaya - - - 2.490.468.900

PT Padi Mas Prima - - - 2.381.169.438

Gilang Ekanusa Pratama - - - 2.359.372.149

CV Putri Perasada - - - 2.310.000.000

PT Horas Bangun Persada -

- - 2.307.095.750

PT Cipta Kreasi Mulia - - - 2.296.809.182

PT Hikada Putra Karuna - - - 2.295.550.000

CV Sayang Ibu - - - 2.281.774.564

PT Dinamika Era Pembangunan - - - 2.258.028.099

PT Maccaferri Indonesia - - - 2.173.336.490

Peralatan Mandiri Sejati - - - 2.167.373.611

CV Davit Nadya Karya Mandiri -

- - 2.165.800.000

PT Ridhatech Engineering - - - 2.113.433.750

PT Aldea Kreasi Utama -


140







Moch Sodiq - - - 2.063.821.910

Darus Salam - - - 2.045.808.677

PT Perkasa Hutama Teknik - - - 2.000.000.000

PT Pos Logistics Indonesia - - - 1.954.268.750

CV Kharisma Abadi - - - 1.936.182.536

25.




- - 1.933.986.811

PT Traktor Nusantara - - - 1.920.800.000

PT Batara Tri Sukma - - - 1.894.549.200

PT Kurnia Dalitrans - - - 1.872.633.093

CV Citra Indah Abadi - - - 1.872.488.312

CV Nusa Mandiri - - - 1.847.447.696

Werder Indonesia - - - 1.770.340.912

PT Putera Nusa Antaria -

- - 1.758.330.753

Gunung Puncak Salam - - - 1.750.511.278

Marga Bumikhatulistiwa - - - 1.748.321.875

CV Hitakara Padma Mandiri - - - 1.747.981.682

PT Cakra Indo Pratama - - - 1.710.699.079

PT Nusagraha Multy Stone - - - 1.704.652.068

PT Panduan Bakti - - - 1.688.532.156

Indra The Company -

- - 1.683.578.840

PT Jadi Kuat Bersama - - - 1.680.900.000

PT Seribu Satu Nian - - - 1.666.921.450

PT Primanusa Citrakarya - - - 1.661.006.026

Duta Listrik Graha Prima - - - 1.658.300.000

PT Wirabhumi Sejati - - - 1.645.666.850

Junizal - - - 1.630.905.846

PT Global Indonesia Mandiri -

CV Hegar Sumber Kreasi - - - 1.592.484.996

PT Hasdi Mustika Utama - - - 1.540.355.000

CV Sinar Agung Pratama - - - 1.515.782.500

Dewinsa Jaya Abadi - - - 1.505.626.720

PT Concreteproof Mandiri - - - 1.471.443.464

Wisnhu Griya Tama - - - 1.464.225.362

Katiman Darto - - - 1.450.050.000

1.432.726.384

PT Vinotindo Grahasarana - - - 1.432.625.000

CV Mitra Bahari Sejati - - - 1.430.233.354

CV Setia Agung Pratama - - - 1.427.410.600

Indo Rakit - - - 1.425.836.750

PT Tito Bersaudara - - - 1.401.562.902

Ary Windiyatmoko - - - 1.400.000.000

PT Triduta Bangun Perdana - - - 1.375.876.358

PT Indo Jaya Sukses - - -

- - 1.363.801.050

PT Hawaii Steel - - - 1.341.147.862

PT Aneka Batu Persada -


141








Bintangmoderen Sumber Lestari - - - 1.327.204.823

PT Karya Mas Citranusa - - - 1.312.997.017

PT Perwira Tamaraya Abadi - - - 1.310.642.250

PT Cipta Sukses Bersama - - - 1.304.772.000

PT Rimbo Peraduan - - - 1.297.930.312

25.




- - 1.289.921.875

PT Era Medika Jaya - - - 1.284.285.494

CV Bagas Pamungkas - - - 1.280.756.184

Sutarman - - - 1.277.248.000

PT Indovickers Furnitama - - - 1.266.295.063

Charles Bolipar - - - 1.261.392.949

Gunardi Wijaya - - - 1.244.084.826

PT Samasundu Abidraya -

- - 1.244.041.260

PT Rafanadi Makmur Sejahtera - - - 1.237.205.824

CV Harmoni Prima Manunggal - - - 1.228.839.650

PT Mitra Sekawan Prima - - - 1.222.693.137

CV Putra Chaniago Mandiri - - - 1.217.029.555

PT Dextonindo - - - 1.205.508.550

PT Razza Prima Trafo - - - 1.205.467.471

PT Pelayaran Biwin Indah Lestari -

- - 1.200.000.000

Harmasta Prima - - - 1.195.139.037

PT Tri Mitra Berkah Eng - - - 1.190.904.000

Karya Raya Mandiri - - - 1.187.724.126

Seltech Utama Mandiri - - - 1.183.103.200

Riduansyah - - - 1.180.846.000

UD Narasi - - - 1.168.786.617

PT Humanika Mitra Solusi -

- - 1.166.569.080

CV Duta Karya Sejahtera - - - 1.155.254.524

CV Sinergi Mitratama - - - 1.147.814.699

PT Itu Aircon Co - - - 1.139.333.000

PT Maju Mandiri Multi Kreasi - - - 1.129.715.360

PT Sonitacitra Buanamandiri - - - 1.116.247.150

PT Yunbi Perdana Jaya - - - 1.112.960.964

PT Infinity Global Mandiri -

- - 1.110.660.429

Rahmad Efendi - - - 1.099.763.826

Pradiptya - - - 1.090.125.000

CV Standard Pile - - - 1.089.402.414

Darlela - - - 1.085.204.993

PT Suryametal Nusasejati - - - 1.084.578.000

American Standard Indonesia - - - 1.083.453.000

Kurnia Cahaya Subur Lestari -

- - 1.066.200.268

PT Tirta Potensia - - - 1.060.000.000

Sugiono - - - 1.056.698.544

CV Wado Rimba Karya -

142








25.




37.650.519.344 2.396.126.172


than 1 Billions

- 559.830.260 51.358.353 -


Utang Usaha Yang Belum Difaktur / Unbilled 30.910.198.995 12.612.582.962 1.117.268.000 2.818.048.530


KSO DAM Kuranji 11.043.041.942 - - -

KSO Winrip Mangopoh Padang 8.464.931.969 - - -

KSO Holtekamp - 18.650.196.708 - -

KSO Sindang Heula - 29.704.110.029 -

Utang Ventura Bersama / Trade Payable-Joint Venture:

PT Pengsulindo - - - 1.050.000.000

PT Kancra Fortune Perdana - - - 1.032.511.081

Heral Eraino Jaya - - - 1.029.297.110

Berlian Toko - - - 1.022.877.309

- - 1.015.836.742

Utang Upah, Alat, BTL / Labour, Equipment,

Overhead Payable

671.914.531.610 783.488.584.664 822.298.961.580 624.438.267.355

Utang Usaha Entitas Anak / Account Payable

- Subsidiary

1.399.326.938.372 1.188.476.499.452 553.447.989.235 510.388.022.769


than 1 Billions

269.067.164.938 235.846.008.890 346.977.388.961 455.947.851.712


Belum difakturkan / Unbilled 1.377.722.082.971 2.145.093.913.222 1.984.675.588.945 1.811.021.818.560


Aditama Karya -

8.854.884.897

PT Varia Usaha Beton 26.019.844.479 11.443.378.913 10.999.524.463 22.297.402.924

PT SGG Prima Beton 15.895.301.727 30.781.774.512 2.216.329.344 -

-

KSO Pengendali Banjir Batang Kuranji

Padang

- 11.702.111.016 - -

KSO Cisangkuy - 10.124.550.507 - -

KSO Rekonstruksi SABO DAM Merapi - 7.175.200.654 - -

KSO Jl Kenyam-Mugi Papua Thp 2 - 6.123.651.538 - -

KSO Jembatan Kembar Lanjutan - 4.313.236.996 - -

KSO Stadion Utama Samarinda - - - 2.159.984.272


than 1 Billions

28.017.814 245.852.779 306.682.461 31.195.314

Sub Jumlah / Sub Total 19.535.991.725 88.038.910.227 306.682.461 2.191.179.586

5.971.412.658.654 7.245.562.350.937 6.472.632.306.878 6.219.121.673.928 Sub Jumlah Pihak Ketiga / Sub Total Third

Parties

33.469.414.755 56.925.007.289 18.960.202.878 3.861.977.195 PT Khi Pipe Industries

PT Krakatau Wajatama 32.167.416.972

PT Krakatau Steel 7.732.814.318 - - -

PT Wijaya Karya Beton 14.928.584.312 9.691.845.817 58.216.801.117 41.742.331.916

PT Wijaya Karya Rekayasa Kontruksi - 3.742.707.502 8.580.276.574 -

PT Wijaya Karya Insan Pertiwi - - 2.343.265.853 -

PT Dahana ( Persero ) - - 1.213.332.014 -

PT Barata Indonesia - - - 1.649.940.000

143







(Lihat Catatan No. 3e dan 48) (See Note No. 3e and 48)

26. PENDAPATAN DITERIMA DIMUKA UNEARNED REVENUE

(Lihat Catatan No. 3t) (See Notes No. 3t)

Total of trade payables based on payable ages (excluding trade payable of JV) :

Supplier payable represents payables to suppliers of material originating from

procurement related with project activities.

Utang pemasok merupakan utang kepada pemasok atas pengadaan

bahan bangunan sehubungan dengan pelaksanaan suatu proyek.

Utang kepada mandor merupakan upah mandor yang pada akhir tahun

buku belum dibayar.


Related Parties

161.123.575.558 239.615.393.857 106.094.484.768 81.224.585.462

Jumlah Utang Usaha / Total Trade Payable

Jumlah utang usaha berdasarkan umur (tidak termasuk utang Ventura

Bersama) :

Payables to foreman are for the wages of foremen payable at end of year.

KSO Cable Stayed Kendari - 56.472.239.148 - -

6.132.536.234.212 7.485.177.744.794 6.578.726.791.646 6.300.346.259.390


25.


KSO Jembatan Holtekamp - 19.735.508.110 - -

Utang Ventura Bersama / Trade Payable-Joint Venture:

Sub Jumlah / Sub Total - 76.207.747.258 - -



8.446.266.475 9.626.335.196 13.675.419.607 9.422.424.455

Merupakan pendapatan sewa gedung PP Plaza,

dan sewa gedung lainnya termasuk Entitas Anak

yang diterima dimuka per 30 Juni 2016 dan 31

Desember 2015, serta 31 Desember 2014 dan

2013/ Represents PP Plaza building and

Subsidiary rentals paid in advance as of 30 June

2016 and 31 December 2015, and 31 December

2014 and 2013.



> 1 Bulan - 3 Bulan / > 1 Month - 3 Months 4.782.824.403.565 5.921.923.073.315 5.504.927.769.663 5.091.158.860.856

> 3 Bulan - 6 Bulan / > 3 Months - 6 Months 944.550.202.531 998.736.883.689 632.351.839.955 704.259.745.591

> 6 Bulan - 12 Bulan / > 6 Months - 12 Months 299.094.104.137 309.998.454.479 319.628.416.158 376.737.725.410

> 12 Bulan / > 12 Months 86.531.532.254 90.272.675.826 121.512.083.409 125.998.747.947

Jumlah Utang Usaha / Total Trade Payable 6.113.000.242.487 7.320.931.087.309 6.578.420.109.185 6.298.155.079.804

26.

Utang pihak ketiga lainnya merupakan utang atas sewa alat,

pemeliharaan dan perbaikan alat di proyek.

Utang subkontraktor merupakan utang kepada subkontraktor

berdasarkan berita acara progres fisik pekerjaan sehubungan dengan

pelaksanaan proyek.

Subcontractor payable represents payables to subcontractor based on official

projects physical completion reports.

Other third parties payables are payables to other third parties for rental,

maintenance and repair of equipments related to project activities.

31 Desember /

31 Desember /

144






27. BEBAN YANG MASIH HARUS DIBAYAR ACCRUED EXPENSES

(Lihat Catatan No. 3t) (See Note No. 3t)

28. SURAT BERHARGA JANGKA MENENGAH MEDIUM TERM NOTES

Beban gaji dan insentif karyawan yang masih harus dibayar merupakan

gaji karyawan yang pada tanggal laporan posisi keuangan belum

dibayar, pencadangan atas biaya insentif karyawan berdasarkan surat

keputusan Direksi yang pada tanggal laporan posisi keuangan belum

dibayar.

Accrued other third parties expenses originated from project procurement payable

at the reporting date.

Represent medium term notes as 30 June 2016 and 31 December 2015, and 31

December 2014 and 2013, consist of :

Merupakan beban yang masih harus dibayar per 30 Juni 2016 dan 31

Desember 2015, serta 31 Desember 2014 dan 2013 terdiri dari:

Accrued project maintenance expenses are allowance for current year maintenance

expenses disbursable at project maintenance period.

Beban pihak ketiga lainnya yang masih harus dibayar merupakan utang

pembelian barang-barang kebutuhan proyek yang pada tanggal laporan

posisi keuangan belum dibayar.

Beban umum yang masih harus dibayar merupakan pengeluaran untuk

kegiatan operasional kantor yang pada tanggal laporan posisi keuangan

belum dibayar.

Beban pemeliharaan fisik yang masih harus dibayar merupakan

pencadangan biaya tahun berjalan yang akan dikeluarkan pada masa

pemeliharaan proyek.

Accrued management bonus is an allowance for bonuses for members of the Board

of Directors and Board of Commissioners.

Merupakan surat berharga jangka menengah per 30 Juni 2016 dan 31

Desember 2015, serta 31 Desember 2014 dan 2013, terdiri dari :



Gaji dan Insentif Karyawan / Employees Salaries

and Incentive

56.031.307.804 58.547.877.390 68.107.553.420 66.163.315.067

27.

Represent accrued expenses as of 30 June 2016 and 31 December 2015, and 31

December 2014 and 2013 consist of :

Beban Umum / General Expenses 77.109.775.364 45.311.614.149 55.217.876.937 39.984.312.126

Beban Pemeliharaan Fisik / Project Maintenance

Exp.

18.331.538.066 34.687.415.363 68.257.802.725 10.630.622.900

Beban Pihak Ketiga Lainnya / Other Third Parties 107.980.963.940 155.133.365.459 127.193.132.205 83.853.515.069

Tantiem / Management Bonus 39.408.917.502 30.408.000.002 14.300.000.002 11.500.000.000

Jumlah Beban Yg Masih Harus Dibayar / Total

Accrued Expenses

298.862.502.676 324.088.272.363 333.076.365.289 212.131.765.162



28.

Utang Tantiem merupakan biaya pencadangan tantiem Direksi dan

Komisaris.

Accrued general expenses are office operating activities expenses accrued at the

reporting date.

Accrued employees salaries and incentive are salaries and provision for incentive in

conformity with the decision of the BOD, payable at the reporting date.

MTN tahap XXIII PP tahun 2016 jatuh tempo

tahun 2017 / MTN PP phase XXIII year 2016

Maturity 2017

300.000.000.000 - - -

MTN tahap XXI PP tahun 2014 jatuh tempo tahun

2017 / MTN PP phase XXI year 2014 Maturity

2017

300.000.000.000 300.000.000.000 300.000.000.000 -

MTN II PT PP Properti Tbk Tahun 2016 Jatuh

Tempo Tahun 2019 / MTN II PT PP Properti Tbk

year 2016 Maturity 2019

150.000.000.000 - - -

MTN I PT PP Properti Tbk Tahun 2016 Jatuh

Tempo Tahun 2019 / MTN I PT PP Properti Tbk


150.000.000.000 - - -

Dipindahkan / Carried Forward 900.000.000.000 300.000.000.000 300.000.000.000 -

31 Desember /

31 Desember /

145






28. SURAT BERHARGA JANGKA MENENGAH (lanjutan) MEDIUM TERM NOTES (continued)

a. a.

b. b.

Penerbitan Surat Berharga Jangka Menengah (Medium Term Notes/

MTN) Tahap XXIII sebesar Rp300.000.000.000,- (Tiga Ratus Milyar

Rupiah). Jangka waktu 1 tahun sejak tanggal 30 Mei 2016 dengan

bunga sebesar 9,25% per tahun.

Issuance of Medium Term Notes amounting of IDR300,000,000,000 (Three

hundred billion rupiahs) phase XXIII . Time periode 1 year since 30 May 2016,

interest rate 9,25% p.a.

Pemegang surat berharga dan penerbit telah menunjuk PT Mandiri

Securitas sebagai Agen Pemantau dan Agen Jaminan.

The notes holders and issuers had appointed PT Mandiri Securitas as

Supervisory Agent and Underwriter.





Issuance of Medium Term Notes amounting of IDR100,000,000,000 (One

hundred billion rupiahs) phase XXII Seri B - 2015 . Time periode 1 year since 28

July 2015, due date 8 August 2016, interest rate 9,5% p.a.


MTN) Tahap XXII Seri B sebesar Rp100.000.000.000,- (Seratus

Milyar Rupiah). Jangka waktu 1 tahun sejak tanggal 28 Juli 2015

sampai dengan 8 Agustus 2016 dengan bunga sebesar 9,5% per

tahun.

MTN IV PT PP Properti Tbk Tahun 2016 Jatuh

Tempo Tahun 2019 / MTN IV PT PP Properti Tbk


100.000.000.000 - - -

MTN III PT PP Properti Tbk Tahun 2016 Jatuh

Tempo Tahun 2019 / MTN III PT PP Properti Tbk


100.000.000.000 - - -

MTN I PT PP Properti Tbk Tahun 2014 Jatuh

Tempo Tahun 2017 / MTN I PT PP Properti Tbk


30.000.000.000 - - -

28.

Pindahan / Brought Forward 900.000.000.000 300.000.000.000 300.000.000.000 -



MTN I PT PP Properti tahun 2014 jatuh tempo

tahun 2017 / MTN I PT PP Properti year 2014

- 30.000.000.000 30.000.000.000 -

MTN tahap XVIII A PP tahun 2012 jatuh tempo

tahun 2014 / MTN PP phase XVIII A year 2012

Maturity 2014

- - - 180.000.000.000

MTN tahap XVIII B PP tahun 2012 jatuh tempo

tahun 2014 / MTN PP phase XVIII B year 2012

Maturity 2014

- - - 70.000.000.000

MTN tahap XVII PP tahun 2012 jatuh tempo

tahun 2014 / MTN PP phase XVII year 2012

Maturity 2014

- - - 120.000.000.000

MTN tahap XVII Tahap I PP tahun 2012 jatuh

tempo tahun 2014 / MTN PP phase XVII phase I


- - - 30.000.000.000

MTN tahap XVII Tahap II Seri A PP th 2012 jatuh

tempo Th 2014 / MTN PP phase XVII phase II

Seri A year 2012 Maturity 2014

- - - 20.000.000.000

MTN tahap XVII Tahap II Seri B PP th 2012 jatuh

tempo tahun 2014 / MTN PP phase XVII phase II

Seri B year 2012 Maturity 2014

- - - 10.000.000.000

MTN tahap XVI PP tahun 2012 jatuh tempo tahun

2014 / MTN PP phase XVI year 2012 Maturity

2014

- - - 100.000.000.000

1.130.000.000.000 330.000.000.000 330.000.000.000 530.000.000.000

Dikurangi Bagian Jangka Pendek / Less Curent

Portion

330.000.000.000 - - 530.000.000.000

Utang Surat Berharga Jangka Menengah -

Setelah dikurangi Bagian Jangka Pendek /

Medium Term Notes Payables - Net Less

current portion

800.000.000.000 330.000.000.000 330.000.000.000 -

146







c. c.

d. d.

e. e.

f. f.

g. g.

h. h.

i. i.

Issuance of Medium Term Notes amounting of IDR70.000.000.000,-(Seventy

billion rupiahs) phase XVIII B- 2012 . Time periode 24 month since 30 October

2012, due date 31 December 2014, interest rate 10,25% p.a.

Issuance of Medium Term Notes amounting of IDR120.000.000.000,-(One

Hundred and twenty billion rupiahs) phase XVII- 2012 . Time periode 24 month

since 7 September 2012, due date 7 August 2014, interest rate 10,25% p.a.



Penerbitan Surat Berharga Jangka Menengah (Medium Term

Notes/MTN) Tahap XVIII B sebesar Rp70.000.000.000,- (Tujuh

Puluh Milyar Rupiah). Jangka waktu 24 bulan sejak tanggal 30

Oktober 2012 sampai dengan 31 Desember 2014 dengan bunga

sebesar 10,25% per tahun.





The notes holders and issuers had appointed PT Andalan Artha Advisido as





Notes/MTN) Tahap XVIII A sebesar Rp180.000.000.000,- (Seratus

Delapan Puluh Milyar Rupiah). Jangka waktu 24 bulan sejak tanggal

15 September 2012 sampai dengan 15 Agustus 2014 dengan bunga


The notes holders and issuers had appointed PT Andalan Artha Advisido as



Notes/MTN) Tahap XVII sebesar Rp120.000.000.000,- (Seratus Dua

Puluh Milyar Rupiah). Jangka waktu 24 bulan sejak tanggal 7

September 2012 sampai dengan 7 Agustus 2014 dengan bunga





Notes/MTN) Tahap XVII Tahap I PP sebesar Rp30.000.000.000,-

(tiga puluh milyar rupiah). Jangka waktu 24 bulan sejak tanggal 5 Juli

2012 sampai dengan 5 Juli 2014 dengan bunga sebesar 9,25% per

tahun.

Issuance of Medium Term Notes amounting of IDR30,000,000,000,- (thirty billion

rupiahs) phase XVII phase I year 2012 . Time periode 24 month since 5 July

2012, due date 5 July 2014, interest rate 9,25% p.a.



Issuance of Medium Term Notes amounting of IDR180.000.000.000,-(One

Hundred and eighty billion rupiahs) phase XVIII A- 2012 . Time periode 24 month

since 15 September 2012, due date 15 August 2014, interest rate 10,25% p.a.

Pemegang surat berharga dan penerbit telah menunjuk PT Andalan

Artha Advisindo sebagai Agen Pemantau dan Agen Jaminan.

Pemegang surat berharga dan penerbit telah menunjuk PT Andalan

Artha Advisindo sebagai Agen Pemantau dan Agen Jaminan.


Notes/MTN) Tahap XVII sebesar Rp20.000.000.000,- (dua puluh

milyar rupiah). Jangka waktu 24 bulan sejak tanggal 6 September

2012 sampai dengan 6 Agustus 2014 dengan bunga sebesar 9,25%

per tahun.

Issuance of Medium Term Notes amounting of IDR20,000,000,000,-(twenty

billion rupiahs) phase XVII- 2012 . Time periode 24 month since 6 September

2012, due date 6 August 2014, interest rate 9,25% p.a.




MTN) Tahap XXI sebesar Rp300.000.000.000,- (Tiga Ratus Milyar

Rupiah). Jangka waktu 3 tahun sejak tanggal 26 September 2014

sampai dengan 26 September 2017 dengan bunga sebesar 9,8%

per tahun.



Issuance of Medium Term Notes amounting of IDR300,000,000,000 (Three

hundred billion rupiahs) phase XXI- 2014 . Time periode 3 year since 26

September 2014, due date 26 September 2017, interest rate 9,8% p.a.


MTN) Tahap XXII Seri A sebesar Rp200.000.000.000,- (Dua Ratus

Milyar Rupiah). Jangka waktu 1 tahun sejak tanggal 22 April 2015

sampai dengan 2 Mei 2016 dengan bunga sebesar 9,5% per tahun.



28.



Issuance of Medium Term Notes amounting of IDR200,000,000,000 (Two

hundred billion rupiahs) phase XXII Seri A - 2015 . Time periode 1 year since 22

April 2015, due date 2 May 2016, interest rate 9,5% p.a.

147







j. j.

k. k.

Entitas Anak Subsidiary

a. a.

b. b.

c. c.

d. d.


Notes/MTN) I seri A sebesar Rp60.000.000.000 (enam puluh milyar

rupiah). Jangka waktu 18 bulan sejak tanggal 29 Januari 2016

sampai dengan 31 Juli 2017 dengan bunga sebesar 10,85% per

tahun. Penerbitan Surat Berharga Jangka Menengah (Medium Term

Notes/MTN) I seri B sebesar Rp20.000.000.000 (dua puluh milyar

rupiah). Jangka waktu 18 bulan sejak tanggal 5 Februari 2016



Notes/MTN) I seri C sebesar Rp70.000.000.000 (tujuh puluh milyar



tahun.

Issuance of Medium Term Notes Phase I series A amounting to

Rp60.000.000.000 (sixty billion rupiahs). Time periode 18 month since January

29, 2016 due July 31, 2017, interest rate 10,85% p.a. Issuance of Medium Term

Notes Phase I series B amounting to Rp20.000.000.000 (twenty billion rupiahs).

Time periode 18 month since February 5, 2016 due August 7, 2017, interest rate

10,85% p.a. Issuance of Medium Term Notes Phase I series C amounting to

Rp70.000.000.000 (seventy billion rupiahs). Time periode 18 month since

February 12, 2016 due August 14, 2017, interest rate 10,85% p.a.


Notes/MTN) Tahap XVII sebesar Rp10.000.000.000,- (sepuluh milyar

rupiah). Jangka waktu 24 bulan sejak tanggal 7 September 2012


tahun.

Issuance of Medium Term Notes amounting of IDR10,000,000,000,-(ten billion

rupiahs) phase XVII- 2012 . Time periode 24 month since 7 September 2012,

due date 7 August 2014, interest rate 9,25% p.a.

Issuance of Medium Term Notes amounting of IDR30,000,000,000,- (thirty

billion rupiahs) phase I PT PP Properti 2014 . Time periode 36 month since 24

April 2014, due date 24 April 2017, interest rate 9% p.a.






Notes/MTN) Tahap XVI sebesar Rp100.000.000.000,-(seratus milyar

rupiah). Jangka waktu 24 bulan sejak tanggal 21 Maret 2012 sampai

dengan 21 Maret 2014 dengan bunga sebesar 10,50% per tahun.





The notes holders had appointed PT Bank BRI (Persero) Tbk as Supervisory

Agent and Underwriter.

Penerbitan Medium Term Note (MTN) III PT PP Properti Tbk

sejumlah Rp100.000.000.000 (seratus milyar rupiah). Jangka waktu

36 bulan sejak Tanggal 9 Mei 2016 sampai dengan 8 Mei 2019,

dengan bunga 11,5%.

Issurance of Medium Term Notes Phase III amounting to Rp100.000.000.000

(one hundred billion rupiahs). Time periode 36 month since May 9, 2016 due

May 9, 2019, interest rate 11,5% p.a.

Pemegang surat berharga telah menunjuk PT Daewoo Securities

Indonesia sebagai Bank Kustodian.

The notes holders had appointed PT Daewoo Securities Indonesia as


Pemegang surat berharga telah menunjuk PT Kustodian Sentral Efek

Indonesia ("KSEI") sebagai Bank Kustodian.

The notes holders had appointed PT Kustodian Sentral Efek Indonesia Tbk as



Notes/MTN) II seri A sebesar Rp50.000.000.000 (lima puluh milyar




Notes/MTN) II seri B sebesar Rp100.000.000.000 (seratus milyar

rupiah). Jangka waktu 18 bulan sejak tanggal 21 Maret 2016 sampai

dengan 21 September 2017 dengan bunga sebesar 10,85% per

tahun.

Issuance of Medium Term Notes Phase II series A amounting to

Rp50.000.000.000 (fifty billion rupiahs). Time periode 18 month since February

26, 2016 due August 28, 2017, interest rate 10,85% p.a. Issuance of Medium

Term Notes Phase II series B amounting to Rp100.000.000.000 (one hundred

billion rupiahs). Time periode 18 month since March 21, 2016 due September

21, 2017, interest rate 10,85% p.a.

Pemegang surat berharga telah menunjuk PT Kustodian Sentral Efek

Indonesia (KSEI) sebagai Bank Kustodian.

The notes holders had appointed PT Kustodian Sentral Efek Indonesia (KSEI)

as Supervisory Agent and Underwriter.


Notes/MTN) Tahap I PT PP Properti sebesar Rp30.000.000.000,-

(tiga puluh milyar rupiah). Jangka waktu 36 bulan sejak tanggal 24

April 2014 sampai dengan 24 April 2017 dengan bunga sebesar 9%

per tahun.

Pemegang surat berharga telah menunjuk PT Bank BRI (Persero)

Tbk sebagai Agen Pemantau dan Agen Jaminan.

Issuance of Medium Term Notes amounting of IDR100,000,000,000,-(One

Hundred billions rupiahs) phase XVI- 2012 . Time periode 24 month since 21

March 2012, due date 21 March 2014, interest rate 10,50% p.a.

28.

148







e. e.

29. UANG MUKA PEMBERI PEKERJAAN DAN KONSUMEN ADVANCES FROM PROJECTS OWNERS AND CONSUMERS

Terdiri dari / Consisting of:

Jatuh tempo dalam satu tahun / Maturity in one year

Represents advances from project owners and customers as 30 June 2016 and 31

December 2015, and 31 December 2014 and 2013 with the following details:

29.

Penerbitan Medium Term Note (MTN) IV seri A. dan Seri B PT PP

Properti Tbk masingmasing sejumlah Rp50.000.000.000. MTN IV

Seri A jangka waktu 24 bulan sejak Tanggal 18 Mei 2016 sampai

dengan 18 Mei 2018. MTN IV Seri B jangka waktu 24 bulan sejak

Tanggal 25 Mei 2016 sampai dengan 25 Mei 2018. dengan bunga

10,75%.

Issurance of Medium Term Notes Phase IV amounting to Rp50.000.000.000

(one hundred billion rupiahs). MTN Phase IV A Series time periode 24 months

since May 18, 2016 due May 18, 2018. MTN Phase IV B Series time periode 24

months since May 25, 2016 due May 25, 2018. Interest rate 10,75% p.a.

Pemegang surat berharga telah menunjuk PT Asta Kapital Asia

sebagai Bank Kustodian.

The notes holders had appointed PT Asta Kapital Asia as Supervisory Agent and

Underwriter


Merupakan saldo uang muka dari pemberi pekerjaan dan konsumen per

30 Juni 2016 dan 31 Desember 2015 serta 31 Desember 2014 dan 2013,

dengan rincian sebagai berikut :

28.


1.710.438.283.562 1.500.915.490.987 1.389.757.051.192 1.314.053.657.110 Uang muka pemberi kerja (jasa konstruksi) /

Advances from projet owners (construction

service)Uang muka konsumen (realti)/ Adv. from project

cust.(realty)

129.147.042.696 108.509.263.198 62.679.372.711 51.297.728.546

Uang muka tanda jadi hotel / Advances from

consumer (hotel)

- - 828.733.967 497.360.135

Jumlah Uang Muka Pemberi Pekerjaan dan

Konsumen / Total Advance of Project Owner

and Consumers

1.839.585.326.258 1.609.424.754.185 1.453.265.157.870 1.365.848.745.791



Uang muka pemberi kerja (jasa konstruksi) /

Advances from projet owners (construction

services)

685.949.816.023 589.135.768.418 559.340.786.354 525.621.462.844

Uang muka konsumen (realti) / Adv. from

projects cust.(realty)

129.147.042.696 108.509.263.198 62.679.372.711 51.297.728.546

Uang muka tanda jadi hotel / Advances from

consumer (hotel)

- - 828.733.967 497.360.135


Jatuh tempo lebih dari satu tahun / Due in more

than one year

Uang Muka Pemberi Pekerjaan / Advances of

projet owners

1.024.488.467.539 911.779.722.569 830.416.264.838 788.432.194.266

Sub Jumlah / Sub Total 1.024.488.467.539 911.779.722.569 830.416.264.838 788.432.194.266

Jumlah Uang Muka Pemberi Pekerjaan dan


and Consumers

1.839.585.326.258 1.609.424.754.185 1.453.265.157.870 1.365.848.745.791

31 Desember /

31 Desember /

149






29.

The breakdown of advance from project owner and consumer:

Uang Muka Pemberi Pekerjaan / Advances of projet owners


- -

PT Transmart Propertindo 60.432.485.216 - - -

PT Tribuana Jaya Raya 50.081.798.922 55.123.239.038 - -

Dinas PU SNVT Bengawan Solo 48.821.157.706 28.761.326.718 - -

PT Servo Lintas Raya 42.077.866.430 64.684.551.906 - -

PT Kuala Jaya Realty 41.181.818.182 41.181.818.182 -

PT Pahala Agung 26.909.982.720 37.674.467.584 44.815.793.564 -

PT Cahaya Bandung Jaya 26.262.891.997 35.502.509.819 34.787.157.271 -

PT Energi Prima Nusantara 25.522.709.974 35.323.597.248 -

PT Greenland Garden Realty 24.710.409.805 15.341.555.677 - -

Kementerian PU & PR Prov Kep Riau 24.606.826.077 - - -

Dep Perhubungan, Dirjen Perhubungan

Udara, Unit Penyelengara Bandar Udara

Radin Inten II Lampung

23.699.942.509 - - -


Sumatera Utara

-

Rincian uang muka pemberi pekerjaan dari konsumen yang diterima




99.814.897.026 - - - PT GE Operation Indonesia

SNVT PJSA BWS Sulawesi I 79.298.717.356 82.936.352.779 - -


UANG MUKA PEMBERI PEKERJAAN DAN KONSUMEN (lanjutan) 29. ADVANCES FROM PROJECTS OWNERS AND CONSUMERS (continued)

37.673.542.808 69.486.091.419 60.000.000.000 -

PT Trans Ritel Properti 26.949.652.523 2.816.531.838 - -

-

PT Warna Warni Investama 39.593.814.000

PT Alfa Retailindo 74.229.401.528

23.645.454.545 23.645.454.545 - -

PT Sinar Galesong P-PT Ciputra VM.JO 21.059.646.737 28.187.329.146 36.884.993.519 27.789.181.818

PT Satria Pusaka Permata Perkasa 19.073.325.184 17.313.262.753 28.470.620.113 -

PT Sun Property Abadi 17.839.904.658 4.796.158.172 - -

Balai Besar Wilayah Sungai Pemali Juana 16.461.660.158 18.843.475.455 - -

PT Triniti Dinamik 15.924.943.796 18.937.054.080 - -

Dinas Bangunan Kab Bekasi Pemerintah kab

Bekasi

15.691.345.454 - - -



PT Sejahtera Alam Energy 14.514.202.800 16.912.271.850 - -

Kementrian PU SNVT PJSA Sumatera II 14.403.534.545 14.545.454.545 - -

PT Kurnadi Abadi 13.709.543.728 - - -

PT Kalla Inti Karsa 13.662.268.629 35.792.818.200 - -

Kementrian PU dan Perumahan Rakyat 11.844.390.281 17.785.276.909 - -

Dinas PU 10.881.794.558 23.132.640.171 - -

PT Centurion Perkasa Iman 10.877.386.676 14.734.760.520 - -

PT Puri Pariwara 10.419.960.124 1.363.636.364 - -

PT Graha Azura 10.100.000.000 - - -


PT Pakuwon Permai 9.179.527.811 17.061.125.677 30.159.214.625 -

Dipindahkan / Carried Forward 1.040.230.988.480 815.558.147.529 295.222.712.487 138.731.602.345

31 Desember /

-

42.510.000.000 - -

150






29.

8.348.400.000 -



PT Citicon Propertindo 9.079.562.576 11.998.142.576 19.481.842.576 -

PT Patra Berkah Itqoni 8.727.228.636 8.727.228.636 4.307.866.461 -

8.623.317.073 10.000.000.000 - -

PT Bumi Megah Graha Asri 8.556.244.262 9.613.757.599 - -





PT Perkasa Internusa Mandiri 8.553.388.874 14.665.629.978 - -

PT Freeport Indonesia 8.511.829.450 17.982.846.020 22.690.442.000 45.538.085.000

PT Kebayoran Puspita 7.485.229.091 11.953.941.819 21.818.181.818 -


PT Tiara Abadi Nirmala 6.923.001.713 7.062.742.050 7.806.722.727 -

Kementerian PU & PR Cipta Karya

6.880.178.181 7.404.829.090 - -


PT Sutera Agung Properti 6.394.248.573 16.952.266.054 19.400.945.986 -


PT Waska Sentana 5.308.004.256 5.308.004.256 7.431.204.860 19.486.671.999


PT Emer Citra Agung 4.876.783.637 - - -

PT Radinka Quatro Land

4.804.839.572 12.679.684.547 21.997.520.000 -

PT Hotel Nirwana 4.779.272.727 - 1.081.142.194 6.727.272.727

JO Ciputra Karya Panca Sakti Nugraha 4.758.688.371 4.758.688.371 5.393.649.621 16.192.894.263

PT Griya Cipta Optimal 4.639.175.257 5.000.000.000 - -

PT Samator Land 4.432.617.715 10.228.528.915 20.700.619.795 29.212.740.137

Perguruan Tinggi Kristen Petra - Surabaya 4.170.661.362 7.256.149.999 17.453.613.637 -

PT Megatama Putra 3.999.079.800 7.001.298.600 11.452.461.300 -

Dinas PU DKI Jakarta

3.846.993.736 3.686.825.454 14.276.675.072 27.010.407.274


PT Grage Trimitra Usaha 3.661.031.209 3.299.727.272 23.287.500.273 34.243.909.091


Indonesia

3.622.252.140 3.622.252.140 7.035.516.979 11.005.145.630


RSUP Fatmawati 3.366.818.084 - - -


PT Tanrise Indonesia



2.954.502.189 8.223.484.933 - -

Dinas Kesehatan Provinsi Pekanbaru 2.920.637.163 4.467.272.727 - -



PT Cirebon Hotel And Convention 2.443.895.057 2.443.895.057 2.497.949.602 6.688.909.091


PT Bukit Nusa Harapan 2.096.024.708 2.457.915.057 5.845.734.972 -

PT Cassia Resort Investment 1.807.126.180 7.687.126.180 - -

PT Graha Masindo Pratama 2.065.200.000 31.415.600.000

Dipindahkan / Carried Forward 1.244.476.830.078 1.091.742.958.907 658.204.000.383 420.211.061.462

151






29.

Pindahan / Brought Forward 1.244.476.830.078 1.091.742.958.907 658.204.000.383 420.211.061.462


- 4.867.602.000

1.209.508.308 9.239.924.056

PT Lintas Insana Wisesa - 3.237.523.091

- 1.621.820.075

IAIN Sunan Ampel Surabaya - -


Samarinda

- -

PT Satu Stop Sukses -

PT Vidi Mandiri 1.611.428.568

2.500.000.000 -



PT Nusa Raya Cipta

PT Graha Sarana Duta

PT Mandiri Cipta Gemilang

PT Win Win Realty Centre

Dinas PU Kutai Timur

-



PT Graha Multi Insani 1.735.002.083 1.818.050.083 4.179.228.083 -

Dinas PU Kab. Nunukan 1.653.738.850 3.911.824.500 15.456.679.894 3.986.181.817

-

JGC Corporation - 3.195.681.591 3.195.681.591 3.226.220.600

Hyundai Engineering & Const. Co., Ltd - 2.900.949.458 15.038.587.432 21.450.000.000

1.611.428.568 1.929.793.413 -

PT Metropolitan Land Tbk 1.390.000.001 1.390.000.001 1.390.000.001 7.937.279.092

PT Cahaya Baru Raya Realty 1.345.099.016 - 2.000.000.000 -


Dinas PU Kalimantan Timur


-

PT Merpati Abadi Sejahtera - 1.781.243.376 - -

1.074.861.277 3.449.862.485 1.220.822.897 -

PT Misi Mulia Petronusa - 28.627.999.065 163.636.363.636 -

Satker Pelaksanaan Jalan Nasional Prov.

Kepri

- 24.606.826.077 - -

PT Hotel Properti Internasional - 9.115.468.316 19.897.610.594 -

Universitas Padjajaran - 7.018.175.061 51.826.523.520 -

Kementerian Infrastruktur Timor Leste - 6.886.690.790 41.324.264.523 38.929.324.921

PT Graha Senggigi - 5.006.129.220 20.443.777.910 -

- 4.931.599.700

PT Catur Jaya - 4.142.746.816 12.504.392.271 6.419.630.454

70.890.977.016

PT Duta Indah Iconic - 1.427.185.208 14.609.556.877 -

Yeni Wijaya - 1.403.181.819 - -

PT Total Bangun Persada - 1.398.915.768 2.175.355.948 -

PT Graha Kencana Abadi - 1.367.693.553 7.876.744.199 -

PT Galuh Citarum - 1.296.370.192 1.447.752.750 -

PT Mutiara Mitra Sejahtera - 1.039.621.289 3.059.935.826 7.802.196.310

- 1.014.695.669 15.971.419.895 34.659.647.736

-

PT Baradinamika Mudasukses - - 22.427.260.000 -

DPU Kabupaten Serang - - 13.327.143.364 -

PT Erina Citra Gemilang - - 12.636.363.636 -

PT Sekar Atha Sentosa - - 12.447.244.204 29.026.099.809

PT Asia Tritunggal Jaya - - 11.540.677.818 -

- - 9.599.509.091 -

PT Graha Satu Tiga Tujuh - - 8.886.849.460 19.054.545.455

8.788.522.727 -

Pusat Radioisotop & Radiofarmaka - Batan - - 8.540.101.198 -

47.454.525.000

7.908.400.625

3.237.523.091

27.427.511.796

152






29. UANG MUKA PEMBERI PEKERJAAN DAN KONSUMEN (lanjutan) 29. ADVANCES FROM PROJECTS OWNERS AND CONSUMERS (continued)




PT Puri Persada Lampung - -

1.231.674.099.162

Dirjen SDA Wilayah Sungai Sumatera VIII - -

PT Bumi Daya Makmur - -

Dinas PU Kabupaten Bulungan - -

PT Berkat Anugerah Sejahtera Abadi

PT Illia Persada - -

PT Prasto Propertindo -

PT Mitra Wijaya Wisesa

PT Sumber Segera Primadaya

PT Fajar Phinisi Seaside -

Politeknik Negeri Malang - - 6.983.563.363 -

Perguruan Tinggi Kristen Maranatha - - 6.552.845.892 17.063.636.364

PT Bintang Smelter Indonesia - - 5.947.996.501 -

- - 5.454.600.000 -

RS Pratama - - 4.952.542.233 -

PT Isa Development - - 4.744.272.000 7.998.328.000

PT Taman Impian Jaya Ancol - - - 2.913.452.500

PT Cahaya Sumber Raya - - - 2.855.775.000

21.835.789.440

- 2.358.484.557 17.146.543.655

PT Djaya Uber Sakti - - 2.333.764.283 -

PT Cakrawala Indah - - 2.232.103.522 2.177.536.829

KG-NRC CONSORSIUM - - 1.935.302.029 23.140.613.393

PT Adhiloka Shobat Sewita - - 1.750.961.251 10.329.545.454

PT Naribatama Abete - - 1.342.859.283 -


29.198.863.636

-

- - -

1.348.413.992.859 948.051.344.466

2.572.866.581 14.291.519.208

Gala Megah Investment JO - - 2.393.571.038 6.978.092.255

PT Dialog Garage Cirebon - - 2.392.813.841 -

Universitas Pelita Bangsa - - 2.388.596.732 -

4.368.617.329 8.222.273.775

PT Kapuk Naga Indah - - 4.346.404.580 6.725.000.000

PT Putra Adi Prima - - 3.584.342.955 4.213.359.318

PT Griya Telaga Mas - - 3.500.000.000 -

-

2.938.914.377 10.219.526.126

PT Anugrah Duta Mandiri - - 2.851.422.640 12.994.291.028

PT Duta Wahana Karawang - - 2.700.000.000 -

14.282.727.273

PT Marga Mandala Sakti - - -

- - 1.205.775.865 3.559.298.164

PT Marindo Surya - - 1.193.181.819 1.193.181.819

PT Aruna Kirana - - 1.192.747.729 10.840.648.865


Sek Jend DPR RI - - 1.165.798.082 -

BNPB - - -

Dipindahkan / Carried Forward 1.258.085.885.710

10.717.535.951

PT Mentari Subur Abadi - - - 9.556.000.000

Bank Sumsel Babel - - - 9.475.090.909

PT Phinisi Perintis Makassar - - - 7.007.360.509

PT Tritunggal Lestari Makmur - - - 5.659.592.310

PT Sinar Celebes Jaya - - - 4.729.033.122

- 4.201.965.191

-

3.010.305.000

153






29.


1.258.085.885.710 1.231.674.099.162 1.348.413.992.859 948.051.344.466

142.909.000.000 - - 6.256.312.309



259.390.440.534 34.634.788.922 334.168.414.875

1.710.438.283.562 1.500.915.490.987 1.389.757.051.192 1.314.053.657.110

3.743.794.129 - -

-

PT Hutama Karya (Persero) 35.115.072.000


than 1 Billions

456.395.664 - 14.818.181 119.560.057


Related Parties

437.865.683.562

-

-

PT Trans Marga Jateng - 20.957.881.818 -

2.200.160.661

- 1.677.157.493

- 1.559.359.577

- 1.437.579.757

- 1.414.220.953

- - 1.239.978.100

- - - 1.117.279.855

PT Pelindo III (Persero) 2.894.972.729 14.474.863.638

PT Krakatau Bandar Samudera - -

PT Bank BNI (Persero)


than 1 Billions

14.486.714.290 9.850.951.291 6.708.269.410 8.987.413.705


Third Parties

1.272.572.600.000 1.241.525.050.453 1.355.122.262.269

-

-

- -

-

PT Akur Pratama

PT Almaron Perkasa

PT Raflesia Nusantara

Dinas PU Kab Tana Tidung

RSUD Sragen

PT Siloam Karya Sejahtera

PT Panghegar Putra Wijaya

-

-

- -

- -

-

14.280.480.546

979.885.242.235

Bank Indonesia 56.574.454.545 -

PT Adaro Indonesia - -

-

PT Graha Yasa Selaras - - - 2.661.773.700

PT Graha Pena Jawa Pos Surabaya - - - 2.531.403.637

Dinas PU Provinsi Jambi - - - 2.519.954.547

PT Tosan Permai Lestari

June 2016

2.231.443.164




- - 2.256.172.620

- - - 165.694.775.846

Kementerian Keuangan RI - - - 19.622.500.000

31.849.057.818

- - -

PT Petrokimia Gresik 21.315.625.815 29.522.105.560 - -

-

PT Bio Farma (Persero) 2.231.243.010

PT Angkasa Pura Hotel - - - 8.686.000.000

2.254.719.600

PT Inpola Meka Energy 12.580.495.828 10.067.363.636 - -

PT Indonesia Power 6.968.327.909 8.362.458.450 - 74.579.486.906

PT Semen Padang 6.715.725.708 31.052.754.514 - -

PT Jasa Marga (Persero) Tbk

31 Desember /


Jumlah Uang Muka Pemberi Pekerjaan / Total

Advances of projet owners

2.233.260.157

PT PLN (Persero) - 5.046.997.681 1.058.662.923 32.301.800.000

Perum Peruri - - 1.712.250.000 22.420.000.000

PT Pelindo II (Persero)

31 Desember /

-

-

-

-

154






29.

Uang Muka Konsumen / Advances of consumers


Uang Muka Tanda Jadi Hotel / Advances of projet owners


30. UTANG SEWA GUNA USAHA LEASING PAYABLE

Utang Sewa Guna Usaha / Leasing Payable

PT Dana Unico Finance

PT Orix Indonesia Finance

PT Mandiri Tunas Finance

PT CSUL

PT Astra Credit Company

PT Toyota Astra Finance

PT Panin Bank

Otto Multiartha

PT IBJ Verena Finance

Grand Kamala Lagoon 23.456.167.805 15.074.498.845 18.596.520.612 -

Grand Sungkono Lagoon 19.881.236.593 13.782.390.444 - 5.439.599.748

Paviliun Permata I 9.580.637.201 8.894.954.461 - 5.259.053.352

Represent leasing payable as 30 June 2016 and 31 December 2015, 2014, and 31

December 2014 and 2013, consist of :




Dipindahkan / Carried Forward 53.109.236.548 40.323.641.957 65.281.037.787 -

- - 11.527.616.639

26.475.085.977 28.897.453.927 - -

Paviliun Permata II 4.627.645.910 -

Entitas Anak PT HKM / Subsidiary PT HKM

Jumlah Uang Muka Pemberi / Pekerjaan dan


and Consumers

30.

Merupakan utang sewa guna usaha per 30 Juni 2016 dan 31 Desember

2015, serta 31 Desember 2014 dan 2013 terdiri dari :

15.889.871.240 1.624.675.532

Entitas Anak PT GSN / Subsidiary PT GSN 22.053.146.415 21.537.545.307 20.424.090.672 22.238.771.839

Graha Bukopin 1.786.414.812 1.786.414.812 1.752.323.902 1.030.375.219

FX Residence -

-

984.105.781 1.411.355.549 1.068.562.533 -


than 1 Billions

2.460.579.512 2.088.858.429 1.443.002.218 1.247.802.980


than 1 Billions

- - 828.733.967 497.360.135

129.147.042.696 108.509.263.198 62.679.372.711 51.297.728.546

1.839.585.326.258 1.609.424.754.185 1.453.265.157.870 1.365.848.745.791

- - 828.733.967 497.360.135

- -

The Ayoma Apartement 9.002.566.069 7.067.820.893 - -

Gunung Putri 3.920.256.214 3.794.483.336 1.754.923.379 -

Apartment Patria Park 3.517.594.577 2.584.503.668 2.818.640.688 2.929.833.237

Bukit Permata Puri I 2.385.711.611 3.000.339.076 - -

Ruko Sungkono Business Park - - - -

Permata Puri I - -

194.803.895 351.975.010 743.060.618 -

56.554.253 70.483.281 263.416.556 -

- 47.436.015 4.363.738.184 -



21.027.967.909 17.258.602.740 24.850.051.549 -

18.895.311.609 14.241.218.678 25.472.929.300 -

5.899.497.505 2.014.213.745 147.127.330 -

3.190.796.334 4.874.786.514 7.951.111.079 -

2.860.199.262 53.570.425 421.040.638

31 Desember /

155






30. UTANG SEWA GUNA USAHA (lanjutan) LEASING PAYABLE (continued)

PT Dipo Star Finance

Jumlah / Total

31. UTANG JANGKA PENDEK LAINNYA OTHER SHORT TERM LIABILITIES

32. LIABILITAS PROGRAM IMBALAN KERJA LIABILITIES OF EMPLOYMENT BENEFITS

a. Program Pensiun a. Pension Program

30.


31.

Utang Jaminan Penyewa Mall merupakan dana yang diserahkan oleh

penyewa selama masa sewa.

- - 346.827.174 -

53.109.236.548 40.323.641.957 65.627.864.961 -

18.506.924.693 14.492.096.002 15.228.989.589 -

34.602.311.855 25.831.545.955 50.398.875.372 -

Dikurangi bagian yang jatuh tempo dalam satu

tahun / Less due in more than one year

Utang Sewa Guna Usaha Setelah dikurangi

Bagian Jangka Pendek / Leasing Payable -

Net Less Current Portion



31 Desember /


Pindahan / Brought Forward 53.109.236.548 40.323.641.957 65.281.037.787 -

12.473.262.498 7.872.148.117 8.209.002.350 13.834.194.693

7.190.682.268 7.779.343.939 7.309.640.402 7.247.630.508

1.847.455.400 1.616.122.320 1.508.307.320 2.137.759.320

875.999.640 350.914.524 520.566.967 508.379.615

109.308.297.853 50.477.938.562 5.186.042.943 3.135.995.018

131.695.697.659 68.096.467.462 22.733.559.982 26.863.959.154

Bunga / Interest

Jaminan Penyewa Mall / Tenant Guarantee

Uang Jaminan Konsumen / Customers Deposits

Iuran Karyawan / Employees Contribution

Lain lain / Others

Jumlah Utang Jangka Pendek Lainnya / Total

Other Short Term Liabilities


Customers deposits are guarantees received from customers for rents and

telephone bills at the Subsidiary.

Guarantees of mall tenants are guarantees paid by tenants during their lease

periods.

Iuran Karyawan merupakan iuran pensiun dan jamsostek/ BPJS yang

belum disetor.

Uang Jaminan Konsumen merupakan penerimaan jaminan sewa ruang

dan saluran telepon dari unit properti dan entitas anak.

-

Liabilitas Manfaat Karyawan (Taper) / Program

(DP3) Liabilities-Employee - Benefits(Taper)

- - - -

Liabilitas - Bersih / Net Liabilitas 303.353.264 113.842.892 - -

PT PP (Persero) Tbk and subsidiary provides defined benefit pension program

for all permanent employees of not more 55 years in age. The total number of

employees participated in the pension program for 30 June 2016, 2015, 2014

and 2013 is 670, 680, 622 and 601 employees respectively. The pension fund is

managed by PT PP (Persero) Tbk Pension Fund, as approved by the Minister of

Finance with his letter No. KEP-372/KM.6/2003 dated 31 October 2003.

Merupakan liabilitas program pensiun dan manfaat pasca kerja karyawan

per 30 Juni 2016 dan 31 Desember 2014 dan 2013 terdiri dari :

Represents of liabilitas pension program and post employment benefits as of 30

June 2016 and 31 December 2014 and 2013 consist of:

Employees contributions are contributions of employees payable to Jamsostek/

BPJS

32.

PT PP (Persero) Tbk dan entitas anak menyelenggarakan program

pensiun manfaat pasti (PSL) untuk seluruh karyawan tetap yang

berumur tidak lebih dari 55 tahun sejak diangkat menjadi pegawai

tetap. Jumlah karyawan yang diikutsertakan dalam program pensiun

untuk 30 Juni 2016, 2015, 2014 dan 2013 adalah 670, 680, 622 dan

601 karyawan. Dana pensiun ini dikelola oleh Dana Pensiun PT PP

(Persero) Tbk yang telah mendapat pengesahan dari Menteri

Keuangan Nomor: KEP-372/KM.6/2003 tanggal 31 Oktober 2003.

303.353.264 Liabilitas Program Pensiun (DP3) / Liabilities of

Pension

113.842.892

31 Desember /

31 Desember /

-


156






32. LIABILITAS PROGRAM IMBALAN KERJA (lanjutan) LIABILITIES OF EMPLOYMENT BENEFITS (continued)

Metode Perhitungan Aktuaria : : Valuation method of actuary

Tingkat Diskonto - Discount Rate -

2016, 2015, 2014 & 2013 : : 2016, 2015, 2014 & 2013

Tingkat Kenaikan PhDP - : : PhDP Growth -

2016, 2015, 2014 & 2013 : : 2016, 2015, 2014 & 2013

Tingkat Pensiun : : Pension Rate

Tingkat pengunduran diri Rate of Resignation

Tingkat cacat : : Rate of disability

Batas Atas Aset / Ceiling Asset

7,70% (2016), 9,00% (2015), 8,00% (2014), 8,59% (2013) per tahun /

each year

Rekonsiliasi liabilitas manfaat pensiun yang diakui di laporan posisi

keuangan per 30 Juni 2016, 31 Desember 2015, 2014 dan 2013

sebagai berikut :

from 45 years to 54 years

(55 tahun) akan segera pensiun/All employees which

Seluruh pekerja yang telah memasuki usia pensiun normal

sampai dengan usia 44 tahun dan sama setiap tahun

retire immediately

Projected Unit Credit Method

32.



59.509.134.915 53.740.329.330 50.977.929.819 52.294.688.765 Nilai Kini Liabilitas Imbalan Pasti / Current

Value - Defined Benefit Obligation

Nilai Wajar Aset Program / Fair Value of

AssetDefisit/ (Surplus) / Deficit/ (Surplus)

Liabilitas Bersih Akhir Tahun/ Periode /

Net Liabilities End of the Year/ Period

Kontribusi iuran sebelum UU No.11 tahun 1992, perusahaan

memberikan kontribusi iuran sebesar 16,9% dan karyawan

menanggung sebesar 7,5% dihitung dari penghasilan dasar pensiun

per bulan. Kontribusi iuran setelah UU No.11 tahun 1992,

perusahaan memberikan kontribusi iuran sebesar 13,9% dan

karyawan menanggung sebesar 4,5% dihitung dari penghasilan

dasar pensiun per bulan.

The contribution prior to the adoPTion of Law No.11 year 1992 is: by the

Company 16,9% and by the employees 7,5% of the employees monthly basic

pension salaries. `After the adoPTion of the Law No.11 year 1992, the

contribution is: by the Company 13,9% and by the employees 4,5% of the

employees monthly basic pension salaries.

2 % at age 25 years decreased linearly

31 Desember /

5% per tahun / each year

2% pada usia 25 tahun menurun secara linear

dari usia 45 tahun sampai dengan 54 tahun/

Reconciliation pension of liabilities of the pension benefits which is recognized in the

statement of financial position as of 30 June 2016, 31 December 2015, 2014 and

2013 is as follows:

Cost assessment of employees pension benefit and asset of post employment

benefits for 30 June 2016, 31 December 2015, 2014 and 2013, in conformity

with SFAS No.24 (Revised 2013) is made by PT Bestama Aktuaria, an

independent actuary with his report No.15292/PP/EP/07/2016 dated 01 Juli

2016,No. 15016/PP/EP/01/2016 dated 11 January 2016 and No.

15045/PPP/EP/0/2016 dated 18 February 2016. The followings are the actuary

assumptions which are used:

10% dari tingkat kematian/10% of mortality rate

(87.759.089.374) (85.296.632.035) (80.057.679.420) (64.137.126.616)

(28.249.954.459) (31.556.302.705) (29.079.749.601) (11.842.437.851)

28.553.307.723 31.670.145.597 29.079.749.601 11.842.437.851

303.353.264 113.842.892 - -

old and subsequently decrease in straight-line manner

have entered into pension age (55 years old) will

Penilaian beban manfaat karyawan-pensiun dan aset imbalan pasca

kerja - pensiun 30 Juni 2016, 30 Desember 2015, 2014 dan 2013

sesuai dengan PSAK No.24 (Revisi 2013) dilakukan oleh PT

Bestama Aktuaria, aktuaris independen dengan laporan

No.15292/PP/EP/07/2016 tanggal 01 Juli 2016, No.

15016/PP/EP/01/2016 tanggal 11 Januari 2016 dan No.

15045/PPP/EP/02/2016 tanggal 18 Pebruari 2016. Asumsi-asumsi

aktuaria yang digunakan adalah sebagai berikut :

157







Biaya Imbalan Pasti / Cost of Employee Benefit

Jumlah / Total

b. Manfaat Karyawan b. Employee Benefit

Reconciliation of changes in retirement benefit liabilities recognized in the statement

of financial position as follows:

3.198.128.167 22.694.735.979



Pendapatan komprehensif lain awal tahun /

Other comprehensive income-beginning of

year

(29.438.709.481) (30.977.872.125) (27.779.743.958) (5.085.007.979)

Pendapatan komprehensif lain periode

berjalan / Other comprehensive income-

current

3.464.659.935 1.539.162.644 (3.198.128.167) (22.694.735.979)

31 Desember /

Jumlah yang diakui dalam laba rugi /

Amounts recognized in profit or loss

Pengukuran kembali liabilitas/ aset periode

berjalan / Remeasurement liabilities/assets

current period

Pembayaran iuran periode berjalan /

Payment of dues for the period



197.751.991 5.412.917.927 9.545.745.462 28.526.774.958

(8.241.619) (5.299.075.035) (9.545.745.462) (28.526.774.958)

303.353.264 113.842.892 - -

Rekonsiliasi perubahan pada liabilitas manfaat pensiun yang diakui

di laporan posisi keuangan sebagai berikut:

The Company provides employees post retirement benefit program in

accordance with the Labour law No.13 year 2003 on Settlement of Severance of

Work Relation and Regulation of Separation Pay. In connection with the

employee benefits program, the Company provides fund which is deposited in

the Company's saving / TAPER and is managed separately by Yayasan

Kesejahteraan Karyawan Pembangunan Perumahan (YKKPP) which was

established by deed No.1 of the public notary Eliza Pondaag dated 1 October

1960 as was amended several times, the latest of which was by the deed No.66

of the public notary Imas Fatimah, SH dated 3 January 1994. The total number

of employees eligible for the benefits until 30 June 2016, 31 December 2015,

2014 and 2013 is 1.728, 1.718, 1.654 and 1.465 employees respectively.

Perusahaan menyelenggarakan program manfaat PHK karyawan

(post-retirement benefit) sesuai Undang-Undang Ketenagakerjaan

No.13 tahun 2003 tentang Penyelesaian Pemutusan Hubungan Kerja

dan Penetapan Uang Pesangon. Ada pendanaan yang dilakukan

sehubungan dengan program tersebut yaitu program manfaat

karyawan perusahaan (Tabungan Perusahaan/TAPER) yang dikelola

secara terpisah oleh Yayasan Kesejahteraan Karyawan

Pembangunan Perumahan (YKKPP) yang didirikan dengan akte

No.1 notaris Eliza Pondaag tanggal 1 Oktober 1960 dan telah

beberapa kali mengalami perubahan, terakhir dengan akte No. 66

notaris Imas Fatimah, SH tanggal 3 Januari 1994. Jumlah karyawan

yang berhak memperoleh manfaat tersebut sampai dengan 30 Juni

2016, 31 Desember 2015, 2014 dan 2013 masing-masing sebanyak

1.728, 1.718, 1.654 dan 1.465 karyawan.


32.

31 Desember /


Liabilitas Bersih Awal Tahun / Net Liabilities -

Beginning of Year

113.842.892 - - -

3.662.411.926 6.952.080.571 6.347.617.295 5.832.038.979

(3.464.659.935) (1.539.162.644)

Rekonsiliasi keuntungan (kerugian) aktuaria dari program imbalan

pasca kerja yang diakui pada pendapatan komprehensif sebagai

berikut:

Reconciliation of profit (loss) of the actuarial program post-employee benefits are

recognized in comprehensive income are following:

Pendapatan Komprehensif Lain Akhir

Tahun / Total Other Comprehensive

Income-Ending of Year

(25.974.049.546) (29.438.709.481) (30.977.872.125) (27.779.743.958)

158







Metode Perhitungan Aktuaria : : Valuation method of actuary

Tingkat Diskonto - : : Discount Rate - 2016

: : - 2015

: : - 2014

: : - 2013

Tingkat Kenaikan Upah 2016, 2015, 2014 & 2013: : Salary Growth - 2016, 2015, 2014 & 2013

Tingkat pengunduran diri : : Rate of Resignation

Tingkat cacat : : Rate of disability

Biaya Imbalan Pasti / Cost of Employee Benefit

Jumlah / Total

2015 9,10% per tahun/each year

2014

sampai dengan 0 pada UPN

10 % at age 20 years decreased linearly


137.472.422.716 114.214.005.744 98.371.231.068 76.283.217.400 Nilai Kini Liabilitas Imbalan Pasti / Current

Value - Defined Benefit Obligation

Nilai Wajar Aset Program / Fair Value of

Asset

(155.871.166.769) (138.000.355.516) (125.739.031.533) (86.071.425.127)

10% pada usia 20 tahun dan menurun secara linear

Penilaian beban manfaat karyawan dan aset (liabilitas) imbalan

pasca kerja 30 Juni 2016, 30 Desember 2015, 2014 dan 2013

sesuai dengan PSAK No.24 (Revisi 2013) dilakukan oleh PT

Bestama Aktuaria, aktuaris independen dengan laporan

No.15292/PP/EP/07/2016 tanggal 01 Juli 2016, No.

15016/PP/EP/01/2016 tanggal 11 Januari 2016 dan No.

15045/PPP/EP/02/2016 tanggal 18 Pebruari 2016. Asumsi-asumsi

aktuaria yang digunakan adalah sebagai berikut :

31 Desember /

8,40% per tahun/each year

The assessment of employee benefit expense and asset (liability) of post-

employment benefit as of 0 June 2016, 31 December 2015, 2014 and 2013, in

conformity with SFAS No.24 (Revised 2013) is made by PT Bestama Aktuaria,

an independent actuary with his report No.15292/PP/EP/07/2016 dated 01 Juli

2016,No. 15016/PP/EP/01/2016 dated 11 January 2016 and No.

15045/PPP/EP/0/2016 dated 18 February 2016.. The followings are the actuarial

assumptions used:

Rekonsiliasi liabilitas manfaat pasca kerja karyawan (TAPER) yang

diakui di laporan posisi keuangan sebagai berikut:

2016

2013

Projected Unit Credit Method

Liabilitas Bersih Awal Tahun / Net Liabilities-

Beginning of Year

Jumlah yang diakui dalam laba rugi /

Amounts recognized in profit or loss

Pengukuran kembali liabilitas/ aset periode

berjalan / Remeasurement liabilities/assets

current period

Pembayaran iuran periode berjalan /

Payment of dues for the period



Defisit/ (Surplus) / Deficit/ (Surplus)

Batas Atas Aset / Ceiling up to Asset 18.398.744.053 23.786.349.772 27.367.800.465 9.788.207.727



- - - -

(18.398.744.053) (23.786.349.772) (27.367.800.465) (9.788.207.727)

30 Juni / 31 Desember / 31 December / 31 December /


- - - 29.010.971.764

Rekonsiliasi perubahan pada liabilitas imbalan kerja yang diakui di

laporan posisi keuangan sebagai berikut:

10% dari tingkat kematian/10% of mortality rate

to 0 (zero) on UPN

Reconciliation of post-employment employee benefit liabilities (Company's Saving)

recognized in the statement of financial position are as follows:



4.317.752.132 8.083.548.938 7.593.613.544 7.197.924.526

7.191.484.297 2.916.451.062 10.060.333.808 (20.203.877.142)

11.509.236.429 11.000.000.000 17.653.947.352 (13.005.952.616)

(11.509.236.429) (11.000.000.000) (17.653.947.352) (16.005.019.148)

- - - -

Reconciliation of changes in employee benefits liabilities are recognized in the

statement of financial position are following:

32.


June 2016


159







(Lihat Catatan No. 3s) (See Notes No. 3s)

33. UTANG JANGKA PANJANG LONG TERM LIABILITIES


PT CIMB Niaga Tbk

PT UOB





Dikurangi bagian yang jatuh tempo dalam satu tahun / Less due in more than one year




a. PT CIMB Niaga Tbk

Rekonsiliasi keuntungan (kerugian) aktuaria dari program imbalan

pasca kerja yang diakui pada pendapatan komprehensif sebagai

berikut:

a.

Adalah utang bank atas Entitas Anak PT PP Properti. Utang kepada

PT CIMB NIAGA Tbk merupakan Fasilitas Kredit Konstruksi (KYG)

untuk pembangunan "Apartemen Grand Sungkono Lagoon Tower

Venetian" beserta sarana/prasarana sesuai dengan Akta Perjanjian

Kredit No. 13 tanggal 17 Nopember 2014 dari Notaris Ny Esther

Agustina Ferdinandus S.H. Nilai maksimum Plafond Kredit sebesar

Rp190.000.000.000 (seratus sembilan puluh milyar rupiah) dengan

jangka waktu 42 (empat puluh dua) bulan dengan tingkat bunga

sebesar 11% (sebelas persen) per tahun.

Is Loan for subsidiary company PT PP Properti. Loan to PT Bank CIMB

NIAGATbk originated from Construction Credit Facility (KYG) for the construction

of Grand Sungkono Lagoon Apartment Tower Venetian and its facilities and

infrastructure, under Credit Agreement Number13 dated November 17, 2014 of

the Notary Esther Agustina Ferdinandus S.H. The maximum value of the Credit

Ceiling is Rp190.000.000.000 (one hundred and ninety billion rupiahs) for a

period of 42 (fourty two) months with an interest rate of 11% (eleven percent) per

annum.

Reconciliation of profit (loss) of the actuarial program post-employee benefits

are recognized in comprehensive income as follows:

33.

13.551.428.574 16.879.051.380 10.218.181.818 -

90.000.000.000 50.000.000.000 - -

8.685.000.000

32.



Pendapatan komprehensif lain awal tahun /

Other comprehensive income-beginning of

year

(1.261.574.898) 1.654.876.164 11.715.209.971 (8.488.667.171)

Pendapatan komprehensif lain periode

berjalan / Other comprehensive income for

the period

(7.191.484.297) (2.916.451.062) (10.060.333.807) 20.203.877.142

Pendapatan Komprehensif Lain Akhir Tahun /

Other Comprehensive Income-Ending of

Year

(8.453.059.195) (1.261.574.898) 1.654.876.164 11.715.209.971

31 Desember /

-

- - 6.554.299.639 -

86.269.960.924 29.036.221.948 6.554.299.639 -

400.530.250.000 344.610.000.000 150.000.000.000 30.000.000.000

233.582.922.458 178.852.571.778 111.937.320.771 -

47.155.057.142 26.990.777.064 99.836.854.548 25.000.000.000

30.958.056.902 47.738.140.653 68.555.031.976 59.704.178.590

712.226.286.502 598.191.489.495 430.329.207.295 114.704.178.590

31 Desember /

- - -

22.262.575.068 25.899.436.041 - -

663.997.243.784 534.449.224.022 426.665.325.116 114.704.178.590

PT CIMB Niaga Tbk


Third Parties


Related Parties

Jumlah Utang Jangka Panjang / Total Long-

Term

Lembaga Pembiayaan Ekspor Indonesia




86.269.960.924 29.036.221.948 -

160






33. UTANG JANGKA PANJANG (lanjutan) LONG TERM LIABILITIES (continued)

b. PT UOB

c.


- Limit Kredit = Rp50.000.000.000 - Credit Limit = IDR50,000,000,000

- = - Loan Period = 13 Months

- Tingkat Bunga = 0,75% di atas bunga deposito - Interest Rate = 0.75% above the deposit rate

- Jaminan = - Guarantee = deposit IDR56,000,000,000











Fasilitas kredit pada entitas anak - PT PP Properti: Credit facility in subsidiary - PT PP Propertiy:

13 Bulan

deposito sebesar Rp56.000.000.000

Long Term Bank Loan based on Swadana Agreement

No.00211201412290000007 dated 31 December 2014 regarding the credit

agreement with the following requirements:

PT DBSb.

Long-Term Bank Loans for IDR250,000,000,000 (two hundred and fifty billion

rupiahs) an obligation to the PT Bank Tabungan Negara (Persero), Tbk

appropriate certificate No. 1571 Agreement dated 30 December 2014 by Notary

Joko Suryanto, SH with a period of 60 (sixty) months with an interest rate of

11.50% (eleven point five zero percent) per year.

Utang Bank Jangka Panjang sebesar Rp250.000.000.000 (dua ratus

lima puluh milyar rupiah) merupakan kewajiban kepada PT Bank

Tabungan Negara (Persero) Tbk sesuai akta Perjanjian No.1571

tanggal 30 Desember 2014 oleh Notaris Joko Suryanto, SH dengan

jangka waktu 60 (enam puluh) bulan dengan tingkat suku bunga

sebesar 11,50% (sebelas koma lima nol persen) per tahun.


Masa Pinjaman


Perjanjian Kredit Swadana Tanggal 31 Desember 2015 perihal

Perjanjian Kredit No. 0021120151231000003 dengan limit kredit

Rp30.000.000.000; No. 0021120151230000003 dengan limit kredit

Rp38.000.000.000; No. 0004720151230000010 dengan limit kredit

Rp10.000.000.000; Jaminan pinjaman adalah deposito sejumlah

Rp81.200.000.000 dengan ketentuan sebagai berikut:

Swadana Credit Agreement dated December 31, 2015 No.

0021120151231000003 with credit limit IDR30,000,000,000; No.

0021120151230000003 with credit limit IDR38,000,000,000; No.

0004720151230000010 with credit limit IDR10,000,000,000. The loan collateral

is pledged deposits amount IDR81,200,000,000 under the following provisions:

Masa Pinjaman


16 Bulan

Perjanjian Kredit Swadana No. 002112015093000002 Tanggal 30

September 2015 perihal Perjanjian Kredit dengan ketentuan:

13 Bulan

Is Loan for subsidiary company PT PP Peralatan. An investment loan with an

interest rate of 11% pa effective, a period of 60 months, with the guarantee asset

and column service IDR12,615,563,463.61, - one tower cranes

IDR3,817,489,030, and then primary and secondary speed shore

IDR7,561,213,143, -.

Merupakan hutang bank kepada bank BTN sesuai perjanjian kredit

swadana No.00211201412290000007 tanggal 31 Desember 2014

perihal perjanjian kredit dengan persyaratan sebagai berikut:

c. PT Bank BTN (Persero) Tbk

Swadana Credit Agreement Number 0021120151229000001 Dated December

29, 2015 under the following provisions:

33.

13 Bulan

Perjanjian Kredit Swadana No. 0021120151229000001 Tanggal 29

Desember 2015 perihal Perjanjian Kredit dengan ketentuan:

Adalah utang bank atas Entitas Anak PT PP Peralatan. Merupakan

pinjaman investasi dengan tingkat bunga 11% pa effective, jangka

waktu 60 bulan, dengan jaminan aset bekisting dan kolom service

senilai Rp12.615.563.463,61,- satu tower cranes senilai

Rp3.817.489.030,- serta primary and secondary speed shore senilai

Rp7.561.213.143,-.

Swadana Credit Agreement Number 002112015093000002 Dated 30

September 2015 regarding the Credit Agreement with the following provisions:

Masa Pinjaman

Masa Pinjaman

161







c.

d.



- = - Loan Period = 2 Years

- Tingkat Bunga = 1% di atas bunga deposito - Interest Rate = 1% above the deposit rate



Fasilitas kredit pada entitas anak - PT PP Properti: Credit facility in subsidiary - PT PP Properti:

e. PT Bank Syariah Mandiri


Pada tanggal 20 Desember 2012 perusahaan mendapatkan fasilitas

kredit sebesar Rp13.500.000.000,- dari bank BRI Kalibata dengan

jaminan 5 unit Tower Crane seharga Rp15.000.000.000,- dengan

tingkat bunga 11,5% pertahun dengan jangka waktu selama 4 tahun.

e.

Masa Pinjaman 2 Tahun

Merupakan hutang bank kepada bank BRI sesuai perjanjian kredit

No.120-KC-XIV/ADK/SH01/12/2014 tanggal 31 Desember 2014

dengan persyaratan sebagai berikut:

is loan from Bank BRI with the letter of Credit Agreement No.120-KC-

XIV/ADK/SH01/12/2014 dated 31 December 2014 with the following

requirements:


Adalah utang bank atas Entitas Anak PT PP Peralatan. Pinjaman

pada Bank Syariah Mandiri merupakan pinjaman dengan jenis

pembiayaan Almurobahah dengan ekspektasi rate mulai bulan ke 4,

tingkat bunga 10% - 15% termasuk jasa pa effective, jatuh tempo

pinjaman tanggal 28 Nopember 2016, dengan jaminan seluruh aset

jenis scaffolding dan PCH.

Merupakan hutang bank kepada PT Bank Syariah Mandiri sesuai

perjanjian kredit No.17/035/CB1-FOG/III/2015/MSYR-MMQ tanggal

27 Maret 2015 dengan fasilitas pembiayaan modal/penyertaan

musyarakah sejumlah Rp43.425.000.000 (empat puluh tiga miliar

empat ratus dua puluh lima juta rupiah).

Is loan for Subsidiary company PT PP Peralatan. Loan from Bank Syariah

Mandiri is a loan with the expectation that this type of financing Almurobahah

rate starting in the 4th, the interest rate of 10% - 15% effective pa including

services, loan maturity date of November 28, 2016, with the guarantee of all

assets types of scaffolding and PCH.

d.

On December 20, 2012 the company obtain credit facilities amounting

IDR13,500,000,000, - of BRI Kalibata with guaranteed 5 units of Tower Crane for

IDR15,000,000,000, - with an interest rate of 11.5% pa for a period of 4 years.


Long-Term Bank Loans an obligation to PT Bank Rakyat Indonesia (Persero),

Tbk according deed 146 Agreement dated 22 July 2014 by Notary Meri Efda, SH

with a period of 36 (thirty six) months with an interst rate of 12.50% (twelve point

five zero percent) per year.

Agunan atas fasilitas yang diterima adalah sebidang tanah Hak Guna

Bangunan No. 1989/Dukuh Pakis, Kelurahan Dukuh Pakis,

Kecamatan Dukuh Pakis, Surabaya seluas 1.865 m2.

Agunan atas fasilitas yang diterima adalah tanah lokasi proyek dan

bangunan yang telah ada maUpun yang akan berdiri atas tanah

Apartemen Grand Kamala Lagoon Tower Emerald South & North

berlokasi di kelurahan Pekayon Jaya, kecamatan Pekayon Jaya,

kota Bekasi seluas lebih kurang 8.940 m2 (delapan ribu sembilan

ratus empat puluh) dan bukti kepemilikan SHGB No. 8475 dan APH

No. 8 tanggal 22 Februari 2014.

Collateral received for facility is a plot of land area of 1,865 m2 which HGB

No. 1989 / Dukuh Pakis, Dukuh Pakis Village, Dukuh Pakis District,

Surabaya.



Collateral received for facility project site is land and existing buildings or

would be standing on the ground of Apartement Grand Kamala Lagoon Tower

Emerald South and North is located in the Pekayon Jaya Village, Sub

Pekayon Jaya, Bekasi area of approximately 8,940 m2 (eight thousand nine

hundred and forty) and proof of ownership SHGB No. 8475 and APH No. 8

dated 22 February 2014.

is loan from PT Bank Syariah Mandiri with the letter of Credit Agreement

No.17/035/CB1-FOG/III/2015/MSYR-MMQ dated 27 March 2015 with capital

financing facility / inclusion musyarakah IDR43,425,000,000 (forty three billion

four hundred twenty five million rupiah).

33.

PT Bank BTN (Persero) Tbk c. PT Bank BTN (Persero) Tbk

Utang Bank Jangka Panjang merupakan kewajiban kepada PT Bank

Rakyat Indonesia (Persero) Tbk sesuai akta Perjanjian No.146

tanggal 22 Juli 2014 oleh Notaris Meri Efda, SH dengan jangka

waktu 36 (tiga puluh enam) bulan dengan tingkat suku bunga

sebesar 12,50% (dua belas koma lima nol persen) per tahun.

162







f. Lembaga Pembiayaan Ekspor Indonesia Lembaga Pembiayaan Ekspor Indonesia


1. Fasilitas Kredit Investasi 1. Investment Credit Facility

Jaminan atas fasilitas kredit tersebut adalah sebagai berikut: Collateral upon the loan facility are as follows:

- Piutang proyek Kalibaru - Kalibaru project receivables

- -

- -


(Lihat Catatan No. 7, 11 dan 20) (See Notes No. 7, 11 and 20)

34. UTANG OBLIGASI BOND LIABILITIES

Obligasi Berkelanjutan I PP Tahap I Tahun 2013 dan II Tahun 2015 / PP Bonds I Phase I in 2013 and Phase II in 2013

Untuk pembiayaan pabrik investasi tiang pancang dengan

plafond Rp 71.000.000.000 (tujuh puluh satu milyar rupiah),

jangka waktu 5 tahun dengan tingkat bunga 10,25 %.

Bangunan Pabrik Tiang pancang, mesin dan peralatan pabrik

tiang pancang yang berlokasi di Desa Margasari Kecamatan

Pulau Ampel Kabupaten Serang Banten.

An investment loan with an interest rate of 10.5% pa effective with a period of 48

months and with the assurance of heavy equipment worth IDR32,836,000,000

Dermaga Kalibaru dock project, -, two tower cranes IDR6,370,650,000, crawler

cranes sunny 80 tons 2 units IDR12,931,875,000, 150 tons crawler crane sunny 1

unit IDR12,224,025,000, sumitomo crawler 150 tons 1 unit IDR9,212,500,000, and

excavator komatsu pc-200 IDR4,410,450,000.

Merupakan pinjaman investasi dengan tingkat bunga 10,5 % pa

effective dengan jangka waktu 48 bulan dan dengan jaminan

peralatan berat proyek Dermaga Kalibaru senilai Rp32.836.000.000,-

dua tower cranes senilai Rp.6.370.650.000,-, crawler crane sunny 80

ton 2 unit senilai Rp12.931.875.000,-, crawler crane sunny 150 ton 1

unit senilai Rp12.224.025.000,-, crawler sumitomo 150 ton 1 unit

senilai Rp9.212.500.000,-, serta excavator komatsu PC-200 senilai

Rp4.410.450.000,-

f.

Factory building poles stakes, machinery and factory equipment piles located

in Desa Margasari Pulau Ampel Serang Banten.

Persediaan bahan baku dan barang jadi tiang pancang yang

berlokasi di Desa Margasari Kecamatan Pulau Ampel

Kabupaten Serang Banten.

The Company has received effective statement from the Chief Executive of Capital

Market Supervisory - Financial Services Authority, with his letter No.No. S-

46/D.04/2012 dated 11 March 2013, for its bonds continuing public offering phase I

PP for the year 2013.

Export working capital loan of LPEI, in accordance with the deed of Export Working

Capital Loan Agreement No.15 dated 16 April 2013, Ashoya Ratam SH notary,

M.Kn.

Inventories of raw materials and finished goods pile located in Desa

Margasari Pulau Ampel Serang Banten.

697.800.695.683

Utang Pokok Obligasi / Bonds Payable Principle

Biaya Emisi yang belum diamortisasi /

Unamortized Cost

Jumlah / Total

33.

PT PP (Persero) Tbk telah menerima pernyataan efektif dari Kepala

Eksekutif Pengawas Pasar Modal Otoritas Jasa Keuangan dengan surat

No.S-46/D.04/2012 tanggal 11 Maret 2013 untuk Penawaran Umum

Obligasi Berkelanjutan I PP Tahap I Tahun 2013 ("Obligasi").

34.

31 Desember / 30 Juni / 31 Desember / 31 Desember /


700.000.000.000 700.000.000.000 1.000.000.000.000 1.000.000.000.000

(1.081.595.896) (1.364.337.580) (1.681.820.948) (2.199.304.317)

998.918.404.104 998.635.662.420 698.318.179.052

For investment with plafond IDR 71.000.000.000 (seventy one billion rupiahs) for

5 year with interest rate 10,25%.

Pinjaman pembiayaan modal kerja ekspor dari LPEI, sesuai dengan

akta Perjanjian Kredit Modal Kerja Ekspor No.15 tanggal 16 April

2013 notaris Ashoya Ratam S.H., M.kn.

163






34. UTANG OBLIGASI (lanjutan) BOND LIABILITIES (continued)

35. UTANG JANGKA PANJANG LAINNYA OTHER LONG TERM LIABILITIES

Merupakan saldo utang jangka panjang lainnya terdiri dari :

PT Aneka Bangun Mulia Jaya

(Lihat Catatan No.3u) (See Note No.3u)

24 Pebruari 2015 / 24 February 2015

Nama Obligasi / Name of Bond

Tanggal Pembayaran Bunga Pertama / First Interest Payment Date

490.205.114.082 15.945.934.349

Beban pemeliharaan proyek / Project

Maintenance Expenses

Jumlah Utang Jangka Panjang Lainnya / Total

Other Long Term Liabilities

PT Bank Permata Tbk

Wali Amanat / Trustee

Nama Obligasi / Name of Bond

Project maintenance expenses payable represent allowance for maintenance of

project constructions during their maintenance period.

19 Maret 2013 / 19 March 2013

19 Juni 2013 / 19 June 2013

Kode Obligasi / Bond Code

24 Pebruari 2020 / 24 February 2020

5 Tahun / 5 Years

Tingkat Bunga / Interest Rate

Nilai Emisi / Emissions Value

Tingkat Bunga / Interest Rate

Rp700.000.000.000,- / IDR700,000,000,000

Tanggal Pembayaran Bunga Pertama / First Interest Payment Date

5 Tahun / 5 Years

Obligasi Berkelanjutan I PP Tahap 2 Tahun 2015 / Bonds Continuing Public Offering Phase

II for the Year 2015

34.


8,375% per tahun / 8,375 % per annum

PTPP01CN1

19 Maret 2018 / 19 March 2018

PT Bank Permata Tbk

Tanggal Penerbitan / Date of Issuance

Tanggal Jatuh Tempo / Due Date

Pembayaran Bunga / Interest Payment

Rp300.000.000.000,- / IDR300,000,000,000

24 Mei 2015 / 24 May 2015

The account represent balance of other long term liabilities consisting of:

3 Bulanan / 3 Monthly

35.

Wali Amanat / Trustee

24.859.570.066 44.515.997.292 47.299.318.031 15.945.934.349

402.613.875.000 402.613.875.000 442.905.796.051

427.473.445.066 447.129.872.292

Utang beban pemeliharaan proyek merupakan cadangan biaya yang

akan digunakan selama masa pemeliharaan proyek konstruksi.

3 Bulanan / 3 Monthly


IDA00057707

Obligasi Berkelanjutan I PP Tahap I Tahun 2013 / Bonds Continuing Public Offering Phase I

for the Year 2013

Tanggal Jatuh Tempo / Due Date

Jangka Waktu / Period

Nilai Emisi / Emissions Value

Kode ISIN / ISIN Code

Tanggal Penerbitan / Date of Issuance

10,20% per tahun / 10.20 % per annum

Pembayaran Bunga / Interest Payment

Utang kepada PT Aneka Bangun Mulia Jaya (Pemilik Tanah) untuk

pembelian tanah seluas 41.634 m2 yang terletak di Surabaya. Proses

pembelian tanah sudah diikat dengan PPJB (Perjanjian Pengikatan Jual

Beli) dikarenakan proses penggabungan 14 Sertifikat HGB telah

dilakukan terlebih dahulu.

Payable to PT Aneka Bangun Mulia Jaya (Landowner) originated from the purchase

of the land area of 41.634 m2, located on Jalan Sawah Gede Mulyorejo, Kelurahan

Mulyorejo, Kecamatan Mulyorejo, Surabaya. Land acquisition process has been

made under PPJB (Sale and Purchase Agreement) due to have the process of

merging of 14 HGB done first.


Jangka Waktu / Period

164






36. MODAL SAHAM SHARE CAPITAL

Modal Dasar / Authorized capital:

Tambahan Modal Disetor / Additional paid in capital

Pemegang Saham Shareholders

Negara Republik Indonesia State of the Republic Indonesia

Koperasi Karyawan Employees Cooperative

Pemegang Saham-

PT PP (Persero) Tbk

Publik Public

Jumlah Total



1.500.000.000.000 1.500.000.000.000 1.500.000.000.000 1.500.000.000.000

Authorized Capital, issued and paid in capital of the company as of 30 June 2016

and 31 December 2015, and 31 December 2014 and 2013 are as follow:

The composition of the shareholders of the Company as of 30 June 2016 and 31

December 2015, and 31 December 2014 and 2013 are as follows :

Modal dasar, modal ditempatkan dan disetor penuh Perusahaan per 30

Juni 2016 dan 31 Desember 2015,serta 31 Desember 2014 dan 2013

adalah sebagai berikut :

30 Juni / June 2016

36.

51,00% 246.964.276.000

Shareholders of PT PP (Persero) Tbk113.569.734 2,35% 11.356.973.400

2.259.224.006 46,65%

Susunan pemegang saham Perusahaan per 30 Juni 2016 dan 31

Desember 2015,serta 31 Desember 2014 dan 2013 adalah sebagai

berikut :

2.469.642.760

Jumlah Saham / % Kepemilikan / Nilai Nominal /

Total Stock Ownership % Par Value

15.000.000.000 saham, nilai nominal @ Rp.

100 setiap saham setiap saham per 30 Juni

2016 dan 31 Desember 2015,serta 31

Desember 2014 dan 2013 / 15,000,000,000

common shares @ IDR 100 per share as of

30 June 2016 and 31 December 2015, and


Saham Yang belum ditempatkan / Un-subscribed

Saham Yang ditempatkan dan disetor penuh/

Subscribed and paid in capital

Selisih nilai nominal saham dengan

penerimaan hasil Penawaran Umum Saham /

Difference in par value between par value

and IPO

Biaya Emisi Saham / Share in issuance cost

Selisih Nilai Transaksi Restrukturisasi Entitas

Sepengendali / Difference in value of

restructuring transaction among entities

under common control

Total Tambahan Modal disetor / Total

Additional paid in capital

225.922.400.600

4.842.436.500 100% 484.243.650.000

916.089.019.858 946.261.740.364

(1.015.756.350.000) (1.015.756.350.000) (1.015.756.350.000)

484.243.650.000 484.243.650.000 484.243.650.000 484.243.650.000

477.929.190.000 477.929.190.000 477.929.190.000 477.929.190.000

946.600.496.439 Modal ditempatkan dan disetor serta

tambahan modal disetor / Subscribed and

paid in capital and additional pain in capital

(15.762.737.159) (15.762.737.159) (15.762.737.159) (15.762.737.159)

(30.321.082.983) (30.321.082.983) (148.362.477) 190.393.598

431.845.369.858 431.845.369.858 462.018.090.364 462.356.846.439

916.089.019.858

(1.015.756.350.000)

31 Desember /

165






36. MODAL SAHAM (lanjutan) SHARE CAPITAL (continued)




Pemegang Saham-

PT PP (Persero) Tbk

Publik Public

Jumlah Total




Pemegang Saham-

PT PP (Persero) Tbk

Publik Public

Jumlah Total




Pemegang Saham-

PT PP (Persero) Tbk

Publik Public

Jumlah Total

- -

- -

- -

- -

- -

219.667.314.000

2.469.642.760

176.120.600

Jumlah Saham /

484.243.650.000

246.964.276.000

100%

4,01%

Menyetujui Pengeluaran saham baru perusahaan sejumlah

2.703.460.000 saham atau seluruhnya sebesar Rp270.346.000.000

yang berasal dari kapitalisasi cadangan perusahaan sampai dengan

tahun 2008 yang dibagikan kepada :

Menyetujui Perubahan nilai nominal saham yang semula sebesar Rp

500 (lima ratus rupiah) menjadi sebesar Rp 100 (seratus rupiah).

217.851.400.600

Total Stock

% Kepemilikan /

100% 484.243.650.000

2.469.642.760

Shareholders of PT PP (Persero) Tbk

Ownership %

Total Stock

19.427.973.400

208.924.474.000

Jumlah Saham /

194.279.734

The authorized capital of the Company is increase from initially

IDR400,000,000,000 (four hundred billion rupiahs) to IDR1,500,000,000,000

(one trillion and five hundred billion rupiahs);

2,703,460,000 new shares totaling IDR270,346,000,000 will be issued, originating

from capitalizing of the Company's reserve until 2008. The shares will be distributed

to:

31 Desember 2015 / December 2015

Nilai Nominal /

Koperasi Karyawan Pemegang Saham PT PP (Persero)

sejumlah 1.324.695.400 saham atau sebesar

Rp.132.469.540.000.

The Government of RI: 1,378,764,600 shares or amounting to

IDR137,876,460,000.

283.549.000 28.354.900.000

Employees Cooperative - the shareholder of PT PP (Persero): 1,324,695,400

shares or amounting to IDR132,469,540,000.

Sesuai dengan akta Pernyataan Keputusan Pemegang Saham Diluar

Rapat dan Perubahan Anggaran Dasar Perusahaan Perseroan

(Persero) PT Pembangunan Perumahan No. 16 tanggal 15 Oktober 2009

notaris Imas Fatimah, SH, diputuskan antara lain sebagai berikut :

51,00%

Ownership % Par Value

Menyetujui Penambahan Modal Dasar perusahaan dari semula Rp.

400.000.000.000 (empat ratus milyar rupiah) menjadi sebesar Rp.

1.500.000.000.000 (satu triliun lima ratus milyar rupiah).

2.089.244.740

Par Value

In accordance with the decision of shareholders taken out of their general meeting

and the deed No. 16 dated 15 October 2009 of the notary Imas Fatimah, SH, on

amendment of the Company' articles of association, it is agreed that:

Jumlah Saham /

Nilai Nominal /

3,64%

2.469.642.760

Nilai Nominal /

Par Value

% Kepemilikan /

44,99%

45,36%

2.178.514.006


246.964.276.000 51,00%

484.243.650.000

Negara RI sejumlah 1.378.764.600 saham atau sebesar

Rp137.876.460.000.

Total Stock

36.



The par value of shares is increased from initially IDR500 each to IDR100 each;

246.964.276.000

43,14%


17.612.060.000

2.196.673.140

4.842.436.500

5,86%

4.842.436.500

51,00%

4.842.436.500

100%

Ownership %

% Kepemilikan /

166






36. MODAL SAHAM (lanjutan) SHARE CAPITAL (continued)

- -

- -

- -

- -

- -

- -

(See Note No.2)

Koperasi Karyawan Pemegang Saham PT PP (Persero) Tbk

sejumlah 113.569.734 saham atau Rp11.356.973.400,- atau 2,35%

the Republic of Indonesia: 2,469,642,760 (64,93%) equivalent

IDR246,964,276,000 .

(Lihat Catatan No.2)

Sesuai dengan akta Pernyataan Keputusan Pemegang Saham Di Luar

Rapat dan Perubahan Anggaran Dasar PT Pembangunan Perumahan

No. 02 tanggal 5 Januari 2010 notaris Imas Fatimah, SH dan telah

mendapat persetujuan dari Menteri Hukum dan Hak Asasi Manusia

dengan keputusan No. AHU-00127.AH.01.02 Tahun 2010 tanggal 5

Januari 2010 tentang Persetujuan Akta Perubahan Anggaran Dasar

Perseroan, telah diputuskan antara lain hal-hal sebagai berikut:


Rp246.964.276.000 atau 64,93%.

The Company has received Effective Statement No: S-858/BL/2010 on January 29th

2010 from the Head of Capital Market and Financial Institution Supervisory Agency

(BAPEPAM - LK) for limited public offering of 1,038,976,500 shares of B Series of

par value of IDR 100 per share, at an offering price of IDR 500 per share. Those

shares were listed in the Indonesia Stock Exchange on February 9th 2010. All of the

Company's 4,842,436,500 shares in 2010 have been listed in the Indonesian Stock

Exchange.

Pada bulan Juni 2013, Perusahaan mengakuisisi 99,99 % saham PT

Prakarsa Dirganeka (PDA) dengan nilai perolehan sebesar

Rp29.000.000.000, dari YKKPP, pihak berelasi dan berada dibawah

pengendalian yang sama dengan Perusahaan. Nilai buku PDA pada

tanggal akuisisi sebesar Rp29.190.393.598. Selisih antara aset bersih

yang diakuisisi berdasarkan nilai buku dengan biaya perolehan sebesar

Rp190.393.598 dicatat sebagai selisih transaksi restrukturisasi entitas

sepengendali dalam akun ekuitas.

The Government of RI : 2.469.642.760 shares (51%) equivalent

IDR246,964,276,000.

Publik sejumlah 2.259.224.006 saham atau Rp225.922.400.600,-

atau 46,65%.

In accordance with the decision of shareholders taken out of their general meeting

the notary deed No. 02 dated 5 January 2010 of the notary Imas Fatimah, SH on

amendment of the Company's articles of association as was approved by the

Minister of Law and Human Right of the Republic of Indonesia with the letter No.

AHU-00127.AH.01.02 Year 2010 dated 5 January 2010, it is approved that:

Koperasi Karyawan Pemegang Saham PT PP (Persero) Tbk

sejumlah 1.333.817.240 saham atau Rp. 133.381.724.000,- atau

35,07%.

Komposisi kepemilikan saham adalah sebagai berikut : The shareholders of the Company become:

It is also approved that 1,038,976,784 new shares, equivalent 21,46% of

subscribed and paid in capital, will be issued and offered to public.

In June 2014, the Company acquired 99,98% ownership in PT Primajasa

Aldodua, with an acquisition cost of IDR44,336,744,552. from YKKPP, a related

party and an entity under common control. PT Primajasa Aldodua book value on

acquisition date amounted to IDR44,004,864,237. The difference of

(IDR338,756,075) between the book value of the acquired net assets and the

acquisition cost is recorded in equity as difference in value of restructuring

transaction among entities under common control.

The public: 2.259.224.006shares (46.65%) equivalent IDR225.922.400.600.

Employees Cooperative - the shareholder of PT PP (Persero) Tbk: 113.569.734

shares (2.35%) equivalent IDR11.356.973.400.

40% of share of the employees cooperative equivalent IDR52,987,816,000

originating from the Company's reserve is transferred to the Government of the

Republic of Indonesia;

Menyetujui hibah saham sebanyak 40% atau 529.878.160 saham

atau sebesar Rp. 52.987.816.000 dari bagian koperasi Karyawan

Pemegang Saham PT PP (Persero) yang berasal dari cadangan

perusahaan kepada Negara RI.

In June 2013, the Company acquired 99,99% ownership in PT Prakarsa

Dirganeka (PDA), with an acquisition cost of IDR29,000,000,000, from YKKPP,

a related party and an entity under common control. PDA’s book value on acquisition

date amounted to IDR29,190,393,598. The difference of IDR190,393,598 between

the book value of the acquired net assets and the acquisition cost is recorded in

equity as difference in value of restructuring transaction among entities under

common control.

Pada bulan Juni 2014, Perusahaan mengakuisisi 99,98 % saham PT

Primajasa Aldodua dengan nilai perolehan sebesar Rp44.336.744.552,

dari YKKPP, pihak berelasi dan berada dibawah pengendalian yang

sama dengan Perusahaan. Nilai buku PT Primajasa Aldodua pada

tanggal akuisisi sebesar Rp44.004.864.237. Selisih antara aset bersih

yang diakuisisi berdasarkan nilai buku dengan biaya perolehan sebesar

(Rp338.756.075) dicatat sebagai selisih transaksi restrukturisasi entitas

sepengendali dalam akun ekuitas.

The shareholders after the IPO are:

Perusahaan telah menerima pernyataan efektif dari Ketua BAPEPAM -

LK dengan surat No: S-858/BL/2010 tanggal 29 Januari 2010 untuk

melakukan penawaran perdana kepada masyarakat atas 1.038.976.500

lembar saham Seri B baru dengan nilai nominal Rp 100 per saham dan

harga penawaran Rp 500 per saham. Saham-saham tersebut dicatatkan

pada Bursa Efek Indonesia tanggal 09 Februari 2010. Seluruh saham

perusahaan sebanyak 4.842.436.500 lembar saham pada tahun 2010

telah dicatatkan pada Bursa Efek Indonesia.

Menyetujui penjualan saham baru perusahaan kepada masyarakat

1.038.976.784 saham atau sebesar 21,46% dari jumlah saham yang

telah ditempatkan dan disetor setelah penerbitan saham baru.

Komposisi kepemilikan saham setelah IPO menjadi sebagai berikut :


Rp246.964.276.000,- atau 51%.

Employees Cooperative - shareholder of PT PP ( Persero) Tbk: 1,333,817,240

(35,07%) equivalent IDR133,381,724,000,-.

36.

167






37. KEPENTINGAN NON PENGENDALI NON CONTROLLING INTEREST

a. Hak Non Pengendali atas Aset Bersih a. Non Controlling Rights over the Net Assets

PT PP Properti Tbk

PT PP Pracetak

PT PP Peralatan

PT PP Properti Tbk

PT PP Pracetak

PT PP Peralatan

PT PP Properti

PT PP Pracetak

PT PP Peralatan

PT PP Properti

PT PP Pracetak

b. Hak Non Pengendali atas Laba (Rugi) Bersih Entitas b. Non Controlling Rights to the Subsidiary's Net Profit or Loss

Pengurangan

0,001%

0,020%

0,001% -

37.

13.943.794

1.049.581.738

Pemilikan

/Ownership

Penambahan/

30 Juni / June

2016

55.064.920.439

3.088.486

210.965

55.068.219.891

Nilai Tercatat Awal

/

Penambahan/

Pengurangan

Pemilikan

/Ownership

Initial Carrying

Amount

Addition/

Reduction

%

35,040% 737.173.490.605

PT PP Properti Tbk

PT PP Pracetak

PT PP Peralatan

Pemilikan

/Ownership

%

0,100%

Pengurangan

Penambahan/

108.775.718

Nilai Tercatat Awal

/

Addition/

Reduction

26.163.837.693

0,001%

926.424.588

Initial Carrying

Amount

13.943.794

Pemilikan

/Ownership

210.965

737.195.320.507

(14.782)

123.171.932 926.409.806

1.654.451

(14.782)

Addition/

Reduction

%

0,100%

Initial Carrying

Amount

736.145.738.769

0,001%

2.233.141 3.088.486

0,020% 19.596.761

Nilai Tercatat Akhir Tahun/

Carrying Value at the End of

Year

925.222.557

- 0,020%

Penambahan/

Pemilikan

/Ownership

12.150.967

%

736.139.507.112

Addition/

Reduction

35,040%

1.202.031

578.690

26.167.137.144

Initial Carrying

Amount

%

1.033.983.493

925.207.775

737.195.320.507

5.652.967

Pengurangan

452.420 1.202.031


Nilai Tercatat Awal

/

30 Juni / June 2016

763.337.328.298

5.321.627

19.807.726

763.362.457.651



Year



Year

737.173.490.605

2.233.141

19.596.761


452.420

5.241.822

108.775.718

1.033.983.493

1.654.451

13.943.794

1.049.581.738


Nilai Tercatat Awal

/



Year

925.207.775

1.202.031

926.409.806

31 Desember / 31

December 2013

12.001.775

149.192

31 Desember / 31

December 2014

114.469.960

31 Desember / 31

December 2015

105.233.888.040

578.689

5.652.968

105.240.119.697

30 Juni / June 2015

50.074.729.320

158.245

2.717.368

50.077.604.933

35,040%

0,001%

0,020%

168






38. PENDAPATAN USAHA REVENUE

Jasa Konstruksi / Construction

Pracetak / Precast

Peralatan / Equipment

The details of revenue based on related parties and third parties:


EPC (Engineering,

Procurenment - Construction)

Properti dan Realti / Properti and

Realty

Jumlah Pendapatan Usaha /

Total Revenue

Dipindahkan / Carried

Forward

Dep Perhubungan, Dirjen

Perhubungan Udara, Unit

Penyelengara Bandar Udara

Radin Inten II Lampung

68.430.892.963 - - -

46.803.096.989 -

PT Centurion Perkasa Iman 43.340.467.042 9.148.217.163 50.434.550.649 - -

PT Trans Ritel Properti 40.142.403.764 16.985.300.000 83.428.996.272 20.000.000.000 -

5.206.878.000 -

PT Triniti Dinamik 46.352.604.346 - 13.267.055.188 - -

RSUP Fatmawati 53.699.434.870 - 70.314.780.359 - -

PT Pakuwon Jati Tbk 52.351.726.480 79.797.058.241 148.718.225.706 567.611.001.226 290.743.599.160

PT Greenland Garden

Realty

December 2013

30 Juni /

2.113.839.627

PT GE Operation Indonesia 929.339.541.628 107.974.028.458

39.710.226.314 - -

53.652.285.116 21.676.496.363 -

PT Servo Lintas Raya

30 Juni /

4.900.000.000 1.403.349.840

PT Citicon Propertindo 57.904.061.153 38.240.216.194 87.800.767.950

45.300.572.565 - -

48.842.980.881

1.572.504.274.780

33.440.982.101

1.068.206.281.350

-

Dinas PU 73.624.978.520 -

-

PT Pahala Agung 46.088.773.433 18.750.341.547

Merupakan pendapatan usaha untuk periode yang berakhir 30 Juni 2016

dan 30 Juni 2015 serta 31 Desember 2015, 2014 dan 2013 terdiri dari:

PT Pakuwon Permai 46.238.043.708 46.616.036.831 93.463.783.082 53.854.697.114

PT Mahardika Agung Lestari

December 2014

PT Satria Pusaka Permata

Perkasa

57.229.345.387

- -

PT Cahaya Bandung Jaya 48.776.820.796 27.128.832.701 91.382.176.296 122.185.036.870 -

645.424.785.316

-

11.610.895.041.284

54.458.029.626 1.941.669.164

December 2015

9.951.776.615.273

1.445.225.777.876

258.439.459.275

29.339.835.560

12.427.371.312.550

PT Misi Mulia Petronusa 115.696.225.127 104.747.185.758

June 2016 June 2015 December 2015

-

11.655.844.311.524

Rincian pendapatan usaha berdasarkan pihak-pihak berelasi dan pihak

ketiga:

122.023.054.857 56.998.559.725 201.654.402.303 6.754.949.300 -

- - -


June 2016 June 2015

72.213.479.742

14.217.372.867.769

-

PT Duta Anggada Realty

Tbk

10.890.239.913 -

50.381.712.905 9.030.197.325 63.039.244.814

PT Kalla Inti Karsa 103.350.341.467 -

21.535.616.969 7.486.821.533

The amount of IDR2,154,414,890,189 or equal 33,29% as at 30 June 2016,

IDR1.673.138.663.858 or equal 32,04% as at 30 June 2015, IDR4.999.470.788.374

or equal 35,16% as at 31 December 2015, IDR3.609.620.384.004 or equal 29.05%

as at 31 December 2014 and IDR4.062.252.258.779 or 34.85% as at 31 December

2013 sales from related parties.

42.184.229.009 74.310.508.892


256.637.547.275

992.804.884.426

Represent of Revenue for period ended 30 June 2016 and 30 Juni 2015 and 31

December 2015, 2014 and 2013:

739.972.453.957

10.661.557.053.716

Sebesar Rp2.154.414.890.189,- atau 33,29% pada periode 30 Juni 2016

dan Rp1.673.138.663.858,- atau 32,04% pada periode 30 Juni 2015,

serta Rp4.999.470.788.374,- atau 35,16% pada 31 Desember 2015,

Rp3.609.620.384.004,- atau 29,05% pada periode 31 Desember 2014

dan Rp4.062.252.258.779,- atau 34,85% pada periode 31 Desember

2013 , dari pendapatan usaha merupakan pendapatan usaha dari pihak-

pihak yang berelasi.

-

Dinas PU DKI Jakarta 66.780.071.143 49.515.167.675 167.684.672.645

33.714.386.447 36.150.951.405

6.472.196.346.725 5.221.446.851.031

290.416.358.587 122.591.758.477

258.841.918.375

71.253.341.818

124.827.800.774 -


31 Desember /

38.

1.091.049.637.958

4.355.935.177.533 4.181.199.076.861

928.319.089.862

982.474.154.252 294.260.788.627 2.147.461.871.033 654.357.612.356 1.961.388.275.103

169






38. PENDAPATAN USAHA (lanjutan) REVENUE (continued)

- -

7.384.924.000

PT Sarana Meditama

Anugerah

39.099.374.331 - 27.400.254.556 - -

Kementrian PU &

Perumahan Rakyat

38.247.033.393 - 30.025.154.350 - 95.949.090.909

PT Sinar Galesong. P-PT

Ciputra Victory M.JO


Forward

3.063.304.432.224 1.400.871.834.657 3.983.550.694.244 1.991.292.848.438 511.314.346.845

PT Trimitra Propertindo

-

PT Perkasa Internusa

Mandiri

36.049.503.380 37.424.745.901 136.879.594.784 -

PT Freeport Indonesia 32.556.928.334 88.659.521.390 189.156.618.089 135.603.971.342 29.344.993.853

PT Bumi Megah Graha Asri 32.451.780.521 - 4.196.971.603 - -

PT Prima Bintaro Royale 30.764.998.631 -

29.047.367.073

4.530.000.000 69.814.930.949

91.850.135.743 89.574.851.455

36.190.560.438 -

PT Cassia Resort

Investment

27.994.080.837

-

Perguruan Tinggi Kristen

Petra - Surabaya

28.587.847.717 55.128.467.432 - 21.100.665.790 -

29.474.201.000 51.721.667.810 94.410.380.233 93.005.179.013 24.411.519.000

-

PT Megatama Putra 35.443.243.967 20.522.462.702 46.861.399.009

38.200.912.275 28.985.398.501 65.117.623.087 43.295.390.179 12.005.214.750

Kementrian PUPR, Dirjen

Bina Marga, Satker PJN

Metropolitan Jakarta

12.051.846.158 -

-

PT Sutera Agung Properti 39.297.609.300 29.987.956.814

38.



Pindahan / Brought

Forward

2.147.461.871.033 654.357.612.356 1.961.388.275.103 982.474.154.252 294.260.788.627

45.897.756.422 -

- -

PT Transmart Propertindo 34.752.839.400 - - 29.500.000.000 -

SNVT PJSA BWS Sulawesi I 33.769.495.202 52.965.200.000 244.273.719.666 - -

-

75.867.888.324 47.892.601.145 -

-

PT Hotel Nirwana 14.031.545.869 - - - -

13.437.517.355 -

3.920.448.963 -

-

PT Warna Warni Investama 30.601.404.130 - 13.531.807.699 - -

PT Multi Karya Utama Abadi 30.516.258.331 13.799.115.023 14.942.083.824 - -

PT Samator Land

-

PT Sejahtera Alam Energy 25.046.465.414

PT Kebayoran Puspita 25.613.922.533 38.017.872.442 73.295.713.082 10.568.743.011

Universitas Padjajaran

PT Graha Senggigi

14.097.149.704 69.185.961.380

- 58.128.956.507

- 24.751.540.118 - -

Dinas Bina Marga dan Tata

Ruang Prov Banten

24.505.644.636 - - - -

PT Grage Trimitra Usaha 22.670.815.838 76.996.532.377 141.324.356.265 124.125.144.265 4.438.133.297

189.482.668.038

PT Nusantara Prospekindo

Sukses

15.298.168.627 38.752.095.203

- -

95.008.995.522

22.630.797.315 -

33.143.512.016 58.757.321.370 103.296.696.139 -

Kementrian PU dan

Perumahan Rakyat,

Sumatera Utara

26.819.592.132 - 5.910.786.169 -

Dinas PU Kalimantan Timur 22.633.001.327 13.065.325.059 114.527.376.302 183.527.923.811 40.002.778.773

- -

PT Graha Masindo Pratama 27.619.982.491

Balai Besar Wilayah Sungai

Pemali Juana

3.516.903.636

PT Kuala Jaya Realty 20.479.375.600 44.738.667.451 94.121.485.331 - -

PT Citra Agung 20.126.429.432 - -

PT Puri Pariwara 15.640.152.996

15.584.079.017 48.889.720.800 94.277.931.303 20.266.686.356 -

170








Forward

3.265.039.577.713 2.034.742.823.662 5.491.876.687.674 4.413.688.931.035 1.527.059.540.917

-

PT Pancakarya Griyatama 6.563.010.269 23.172.222.558 31.347.711.039

12.092.308.248 29.555.029.662 2.199.999.979 -

PT Merpati Abadi Sejahtera 8.232.626.964

Kementerian PU & PR Cipta

Karya KRIMSUS

3.862.855.990 - 15.002.100.000 - -

-

Dinas Bangunan Kabupaten

Bekasi

5.927.248.832 - 129.003.910.000 183.023.599.091 -

PT Graha Sarana Duta 5.738.239.000 5.442.430.872 47.121.795.192 40.179.507.169

38.

-

Dinas PU Kabupaten

Nunukan

9.990.871.429 19.539.846.624 158.967.702.964 86.462.662.624 56.988.314.921

19.610.403.433 42.163.830.049 13.100.000.000

PT Kurnadi Abadi

10.613.974.798

13.768.468.213 8.866.259.642 21.060.597.054 12.015.247.000 -

Kementerian PU & PR Prov

Kep Riau

13.355.864.008



Pindahan / Brought

Forward

3.063.304.432.224 1.400.871.834.657 3.983.550.694.244 1.991.292.848.438 511.314.346.845

-

Dinas Kesehatan Provinsi

Pekanbaru

129.040.974.336 60.431.764.209

- - -

PT Duta Senawijaya Mandiri 12.319.390.960 15.666.815.085 26.006.007.197 - -

PT Energia Prima Nusantara

Kementerian Infrastruktur

Timor Leste

9.443.038.757 36.697.835.000 90.224.210.351 244.202.338.374 83.377.668.496

PT Illia Persada 8.611.812.028

-

PT Tribuana Jaya Raya 7.763.980.553 26.777.223.188 141.664.794.756 -

-

13.777.870.360 - - - -

11.114.637.548 - - - -

99.627.212.090 214.289.807.136 35.609.946.360

PT Graha Utama

Development

4.516.107.297 11.459.172.566 48.474.000.379 -

147.673.036.054 -

Kementrian PU SNVT PJSA

Sumatera II

6.460.136.193 - 1.501.740.167 -

PT Prioritas Land Indonesia 5.187.244.635 - 15.487.267.672 - -

PT Radinka Quatro Land 4.908.304.108 1.432.219.171 27.602.029.194 - -

PT Alfa Retailindo 4.705.223.390 - - - -

-

PT Asia Tritunggal Jaya 4.061.759.090 24.612.443.661 48.094.038.740 52.764.301.259 -

125.786.992.540

PT Galuh Citarum 5.722.318.597 36.704.290.496 58.953.376.765

PT Prasetya Agung Cipta

Abadi

3.190.140.273 68.715.918.112

PT Mandiri Cipta Gemilang 2.716.261.816 10.723.945.681 13.444.022.927 289.435.680.402 343.856.433.065

PT Baradinamika

Mudasukses

2.620.305.544 26.239.574.810 79.146.560.600 40.508.499.765 -

PT Menara Perkasa

Margahayuland

2.193.465.061 19.379.708.775 20.334.475.523 116.160.819.182 59.844.982.924

12.060.751.100 13.427.624.727 17.034.296.314 -

PT Sekar Atha Sentosa 1.912.864.650 47.053.045.580 58.209.372.409 111.472.463.902 14.542.254.598

PT Graha Azura 1.765.588.788 - - - -

PT Tiara Abadi Nirmala 1.716.900.002 1.344.371.400 2.845.974.814 2.555.297.302 -

PT Graha Satu Tiga Tujuh 1.656.708.675 11.592.394.269 23.773.558.821 76.655.736.000 5.419.112.727

PT Duta Indah Iconic 1.279.139.633 31.363.721.311 38.824.062.571 85.772.146.767 -

PT Tanrise Indonesia 1.215.731.511 17.390.529.945 18.928.839.450 94.803.021.189 17.142.224.978

DPU Kabupaten Serang 1.059.107.705 23.627.250.472 46.063.205.572 77.971.299.280 -

KG-NRC CONSORSIUM - 97.428.785.405 115.363.605.039 161.752.887.730 346.732.989.122

PT Catur Jaya 1.775.856.049 24.877.521.601 35.493.362.908 38.342.360.350 50.992.611.524

PT Danau Winata Indah 2.117.312.357

Dinas PU SNVT Bengawan

solo

10.484.755.204 -

171








Pindahan / Brought

Forward

3.265.039.577.713 2.034.742.823.662 5.491.876.687.674 4.413.688.931.035 1.527.059.540.917


Forward

3.265.039.577.713 2.722.022.089.200 6.891.478.436.818 5.951.469.291.932 2.336.346.949.201

PT Duta Wahana Karawang - 16.090.559.084 25.537.560.000 2.562.440.000 -

PT Adhiloka Shobat Sewita - 16.044.665.750 26.878.765.335 61.476.516.549 26.661.886.838

KSO Merdeka Media The

Company & Ronov

Indonesia

- 15.112.321.073 16.045.981.793 80.192.209.242 53.118.449.497

PT Bimasakti Jaya Abadi - 15.481.909.798 22.764.974.342 49.283.996.944

-

PT Hotel Properti - 28.139.166.590 59.413.150.918 53.942.735.447 -

38.


12.718.657.637 22.323.317.179 119.983.586.142 240.625.332.919

PT Pelabuhan Penajam

Banua Taka

- 12.456.071.662 17.385.774.092 36.024.295.339 -

PT Bumi Daya Makmur - 14.891.826.000

PT Graha Multi Insani - 14.751.032.466 25.736.604.700 14.579.838.264 -

PT Asiatic Universal

17.065.568.801 -

PT Prasto Propertindo -

- 12.875.064.885 13.799.115.023 3.471.033.383 12.997.000.629

Kementerian Agama RI - 17.644.679.354 54.829.562.876 - -

PT Vidi Mandiri - 22.221.869.536 27.807.449.922 14.985.796.515 -

Dinas PU Kabupaten

Bulungan

- 21.554.052.797 48.581.774.557 92.933.970.173 8.056.402.151

-

PT Win Win Realty Centre - 32.094.279.131 37.701.684.016 111.699.953.135 48.056.931.454

IAIN Sunan Ampel Surabaya - 31.136.051.943 197.730.173.979 88.519.826.021

Kementerian Pendidikan dan

Kebudayaan

- 23.394.399.884 76.618.181.816 - -

PT Graha Kencana Abadi - 23.245.706.327 23.917.180.200 24.881.332.317 -

PT Naribatama Abete - 23.049.154.164 49.098.578.014 17.660.658.491

-

Yayasan Sanggar Prahtiwi - 11.158.636.456 12.039.269.829 10.751.821.080 -

PT Waska Sentana - 10.939.883.554 11.158.636.456 106.839.994.184 55.864.959.041

PT Adhi Putra Mulia - 10.713.264.813 10.723.945.681 76.291.786.016 7.711.541.030

59.617.327.323

PT Tiran Makassar - 12.835.421.564 18.015.557.974

15.112.321.073 56.859.421.696 21.753.855.982

PT Erina Citra Gemilang - 10.580.378.789 48.009.333.329 25.039.575.763 -

PT Dialog Garage Cirebon - 8.316.374.212 13.079.229.824 2.999.351.643 -

Perguruan Tinggi Kristen

Maranatha

- 8.138.188.978 10.415.102.928 67.747.380.511 9.087.562.590

- 11.296.869.792 20.191.358.517 41.603.527.709 PT Citra Raya Medika

PT Anugrah Duta Mandiri - 6.983.563.364 8.138.188.978 39.534.887.092 51.823.249.499

Politeknik Negeri Malang - 6.584.759.192 6.983.563.364 31.115.527.546 61.854.067.363

PT Bumi Anugrah Sakti - 5.427.745.000 6.277.295.207 19.288.762.883 49.887.726.679

Dirjen SDA Wilayah Sungai

Sumatera VIII

- 5.297.604.741 7.077.138.743 27.800.236.400 20.174.735.000

PT Bintan Cipta Cemerlang - 5.250.500.000 12.169.465.875 - -

Dinas Kesehatan Provinsi

SUMSEL

- 5.113.520.000 131.317.961.818 18.045.454.545 19.566.901.820

PT Sun Property Abadi - 5.070.933.032 21.270.300.000 - -

RS Pratama - 4.620.940.830 18.856.808.920 40.062.281.990 -

Dinas Bina Marga dan Tata

Ruang

- 55.203.835.000 110.331.245.545 15.000.968.000 -

Hyundai Engineering &

Construction Co., Ltd

- 46.157.516.000 46.842.793.543

56.729.751.999 - 18.139.090.909

160.496.442.855 44.290.387.560

Yayasan Universitas Pelita

Bangsa

- 37.719.506.875 30.960.815.779 9.039.184.221 -

PT Cahaya Baru Raya - 33.690.745.412 37.731.835.000 - -

Kementerian Kesehatan RI - 33.277.609.853

172






38. PENDAPATAN USAHA (lanjutan) REVENUE (continued)38.



Pindahan / Brought

Forward

3.265.039.577.713 2.722.022.089.200 6.891.478.436.818 5.951.469.291.932 2.336.346.949.201

UIN Malang - - 45.891.560.000

97.488.177.083

Yeni Wijaya - 3.869.758.516 13.670.689.238 31.595.691.434 10.133.925.757

PT Asfi Ilhami Rayhan - 3.549.761.107 3.869.758.516 36.191.236.859 -

PT Bukit Nusa Harapan - 3.300.726.900 24.983.029.965 9.617.229.448 -

Yayasan Manunggal Slawi - 1.512.965.640 1.600.125.133 9.641.598.910 -

PT Aruna Kirana - 1.262.200.385 1.344.371.400 80.996.643.521 97.376.898.028

PT Berkat Anugerah

Sejahtera Abadi

- 1.042.165.063 1.262.200.385 5.393.912.400 -

PT Graha Yasa Selaras - 1.034.757.104 1.042.165.063 22.764.216.553 4.408.635.293

PT Puri Persada Lampung - 2.766.784.924 4.624.582.867 37.115.264.667 40.959.448.007

PT Chevron Pasific

Indonesia

- 2.747.450.339 2.766.784.924 17.503.698.426 17.072.022.675

PT Semen Bosowa Maros - 2.587.887.447 2.747.450.339 105.609.514.641 44.606.485.359

Dinas PU Kutai Timur - 2.349.932.450 40.268.550.402 35.472.441.490 -

PT Satu Stop Sukses - 1.898.890.258 2.424.818.059 - -

RSUD Sleman - 1.846.905.166 1.898.990.084 59.418.098.098 28.116.187.274

PU Bina Marga Jateng - 1.628.841.500 81.986.370.626

PT Grand Shayla Indonesia - 1.000.000.000 1.034.757.104 32.431.112.450 30.262.777.344

Yayasan Perguruan Tinggi

Kristen Petra Surabaya

- - 102.072.255.717 - -

PT Energi Prima Nusantara - - 67.023.709.906 - -

Pemerintahan Kota Bekasi - - 51.071.818.235 - -

Pemprov Jawa Timur - - 41.582.242.947 - -

- 21.875.960.000

Lembaga Sandi Negara - - 43.691.904.771 - -

UIN Syarif Hidayatullah - - 33.808.181.818 - -

PNJ Jakarta - - 25.388.181.819 - -

Satker Pelaksanaan Jalan

Nasional Prov. Kepri

- - 10.000.000.000 - -

Dinas Bina Marga &

Pengairan Pemkot

Samarinda

- - 9.735.522.455 37.963.730.272 -

PT Hotel Nirwana - - 8.501.521.318 5.646.130.553 -

Pemerintah Provinsi

Kalimantan Selatan

- - 5.000.000.000 7.000.000.000 -

Yayasan RS Islam "Harapan

Anda"

- - 2.000.000.000 - 50.099.242.140

PT Patra Berkah Itqoni - - 1.936.617.000 5.118.396.888 -

PT Bintang Smelter

Indonesia

- - 1.337.966.093 45.000.000.000 -

BNPB - - - 194.659.090.909 36.250.000.000

PT Donggi Senoro Lng - - - 190.960.655.669 324.332.987.590

PT Muara Wisesa Samudra - - - 142.353.219.656 -

20.802.298.245

KSO Ciputra Karya Panca

Sakti Nugraha

- 57.430.837.935

- -

PT Griya Cipta Optimal - 1.600.125.133 6.441.045.871 - -

PT Kapuk Naga Indah - - - 129.113.811.024 4.993.639.918

Dinas Kesehatan Kota

Balikpapan

- - - 58.157.329.089

- - 84.624.615.477

Kementerian Keuangan

Timor Leste

- - - 51.004.563.665 157.485.670.644

PT Mutiara Mitra Sejahtera - 4.490.336.861 4.530.000.000 60.102.799.592


Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 7.419.730.516.081 3.407.235.920.035

173







Universitas Negeri Malang - - - 29.681.181.820 37.288.790.000

Bank Sumsel Babel - - - 28.502.264.014 30.277.109.798

PT Phinisi Perintis Makassar - - - 27.186.453.266 26.775.351.154

Kementerian PU-Dirjen SDA - - - 27.150.603.348 86.591.087.945

Pusat Radioisotop &

Radiofarmaka - Batan

- - - 24.443.336.984 29.693.472.727

Kementrian Dalam Negeri - - - 23.332.000.000 102.278.500.000

23.015.316.014

PT Fajar Phinisi Seaside - - - 18.461.774.575 19.409.429.715

PT Mentari Subur Abadi - - - 16.754.757.789 32.873.639.000

PT Almaron Perkasa - - - 15.195.363.297 81.914.869.787

PT Multi Kreasi Cipta Sarana - - - 20.569.470.710 12.702.252.878

PT Isa Development - - - 19.069.148.970

Dinas PU Provinsi Jambi

PT Lintas Insana Wisesa - - - 14.623.860.000 -

- - - 15.299.773.700 40.339.917.390

56.623.575.312

PT Cirebon Hotel &

Convention

- - - 8.634.849.000 59.005.167.475

PT Mitra Wijaya Wisesa - - - 13.763.258.615 88.992.336.049

PT Pandega Citraniaga - - - 11.729.320.871 111.167.058.562

JGC Corporation - - - 11.611.396.672

- - 5.000.000.000

PT Supreme Energy Muara - - - 8.539.305.491 47.574.760.599

PT Putra Adi Prima - - - 7.020.395.093 33.191.137.860

PT Tritunggal Lestari - - - 6.210.146.657 50.366.178.966

PT Kunci Utama Sukses - - - 5.324.275.815 50.687.553.086

SNVT PJSA Serayu Opak - - - 5.051.825.692 55.349.406.090

PT Graha Pena Jawa Pos

Surabaya

- - - 6.924.932.588 25.454.575.594

-

Gala Megah Investment JO - - - 4.830.375.179 101.316.329.417

1.414.220.953 32.925.435.411

Dinas Kimpraswil Kalsel - - - 1.299.588.555 70.757.079.245

PT Panghegar Putra Wijaya - - - 3.320.850.000 29.092.700.000

PT Siloam Karya Sejahtera - - - 3.020.694.837 3.805.364.745

PT Griya Telaga Mas - - - 2.709.341.969 -

RSUD Sragen - - -

Dinas Kimpraswil Riau -

PT Semen Bosowa - - - 48.262.529.979 171.326.888.112

Politeknik Elektronika Negeri

Surabaya

-

Pemda DKI - - - 44.174.577.966 -

PT Graha Sahari Wangi - - - 41.900.000.000 -

PT Metropolitan Land Tbk - - - 39.103.053.307

13.792.954.516

PPK 02 Pemb. Jemb. FO

Gatot Subroto

- - - 33.320.466.151 47.633.861.878

93.494.618.468

PT Marga Mandala Sakti - - -

- - 47.799.211.818 51.955.454.545

35.786.627.766 76.153.100.624

PT Sumber Segera - - - 35.507.045.484

38.



Pindahan / Brought

Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 7.419.730.516.081 3.407.235.920.035

LAN Pusat Pendidikan - - - 3.369.344.331 24.100.499.294


Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 8.135.628.139.343 5.225.161.692.291

174







Direktorat Jenderal Bea &

Cukai

- - - - 74.640.012.310

RSUD Kota Bekasi - - - - 73.277.610.712

Dinas Perumahan &

Permukiman Medan

- - - - 59.673.447.271

UIN Sunan Gunung Jati - - - - 58.244.373.006

Universitas Negeri Jakarta

SNVT Pelaksanaan

Jaringan Sumber Air Bali-

- - - - 49.909.799.091

PT Saraswati Indoland

Development

- - - - 48.928.740.000

Pemerintah Kabupaten

Karangasem

- - - - 45.472.031.099

RSUP Dr. Cipto - - - - 41.778.545.454

Dinas PU Kabupaten

Seruyan

- - - - 41.454.245.717

BNPT - - - - 41.342.052.620

PT Marindo Surya - - - - 40.674.011.250

Dinas PU Kabupaten Tana

Tidung

- - - - 37.095.284.763

Bendahara Universitas

Mataram

- - - - 36.878.500.000

Pemerintah Kotamadya

Padang

- - - - 35.161.776.570

PT Taman Impian Jaya

Ancol

- - - - 32.076.862.048

Universitas Prof. DR Hamka - - - - 31.692.344.823

29.579.441.483

PT Sinar Celebes Jaya - - - - 29.225.741.297

PT Sumber Alam Raya - - - -

20.445.045.381

LIPI - - - - 20.270.644.092

Universitas Diponegoro - -

ISI Jogjakarta - -

PT Prakarsa Semesta Alam - - - - 21.658.237.009

PT Tosan Permai Lestari - - - -

Dinas PU Provinsi Riau - - - - 31.020.135.454

Dinas CK & Tata Ruang

Bandung Barat

- - - - 30.830.394.472

- - 16.985.454.545


Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 8.135.628.139.343 7.110.171.828.233

- -

28.523.141.273

Yayasan Widya Mandala - - - - 24.909.408.631

- - 24.200.241.444

Dinas PU Kabupaten

Mukomuko

- - - - 22.274.776.091

Universitas Brawijaya - - - - 21.823.636.364

Otoritas Bandar Udara

Wilayah III

- - - - 30.826.363.636

Dinas PU Babel - - - - 29.897.345.055

PT Trakindo Utama - -

PT Paramount Propertindo - - - - 178.589.298.682

Kementerian Perhubungan - - - - 156.686.220.947

Dinas Olahraga dan Pemuda

Jawa Barat

- - - - 133.652.224.588

Badan Kepegawaian Negara - - - - 77.609.192.206

Pemkot Depok Dinas Tata

Ruang & Pemukiman

- - - - 121.103.082.843

38.



Pindahan / Brought

Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 8.135.628.139.343 5.225.161.692.291

- - - - 86.600.473.715

175








-

Lain-lain di bawah Rp 1

Milyar / Other of less than 1

Billions

4.686.990.981 4.186.382.285 2.727.733.899 7.358.168.327 4.338.113.551

739.972.453.957 1.572.504.274.780 645.424.785.316 258.841.918.375

Pendapatan Peralatan/

Equipment - Revenue

- -

50.726.511.319 5.029.813.000

50.051.761.909 66.413.528.161

- - -

Pendapatan Pracetak /

Precast - Revenue

21.535.616.969 7.486.821.533 -

PT Semen Padang

PT Bio Farma (Persero)

33.714.386.447

39.428.187.961 267.515.584.650

641.427.431.076 803.824.747.051

PT Angkasa Pura II 68.876.116.804 48.279.095.652 317.567.313.047

5.239.545.454

PT Angkasa Pura I (Persero) 61.924.197.367 6.086.601.000 65.116.063.000 26.045.615.646 91.927.143.582

2.277.970.429 63.133.777.482

4.032.519.310

PT Satria Alam Mandiri

1.726.801.631.945

- 9.991.760.551

- -

PU Kab. Dhamasraya - - - - 14.091.240.831


Pindahan / Brought

Forward

3.265.039.577.713 2.760.511.577.993 7.537.015.608.873 8.135.628.139.343 7.110.171.828.233

- - - 13.248.502.800

Yayasan RS Al Irsyad - - - -

BPN Cikeas - - - - 16.463.636.363

PT Adaro Indonesia - - - - 14.281.060.367

38.



- - - - 6.109.613.255

754.199.695.252 1.167.067.208.410 2.219.251.594.973

173.135.107.790 - 141.376.335.211

68.433.901.557 46.594.825.240 330.710.788.836

61.606.414.265 10.585.475.403 54.609.578.551

9.217.902.079.395 8.817.750.928.546 7.593.592.052.745

PT Pelindo III (Persero) 56.668.889.347 28.949.727.273 120.328.587.749

PT PLN (Persero) 63.223.975.122 157.551.593.890 658.865.051.477

PT Prima Multi Terminal 124.441.688.432 41.856.662.470

Pendapatan Properti dan

Realti / Property and Realty -

Revenue

992.804.884.426

PT Raflesia Nusantara -

- - - 13.504.698.566

Pemda Jawa Timur - - - - 13.313.636.364

PT Duta Bakti -

PT Satria Mega Kencana


Forward

1.898.795.027.505 1.506.971.189.338 4.427.668.433.583 2.536.759.110.285 2.512.999.632.177

PT Trans Marga Jateng 177.150.564.535 - 93.326.994.977

365.590.125.762

- - - 9.799.933.949

1.177.483.602 - - - -

PT Mandosawu Putratama - - - -

Univ Muhammadiyah

Jakarta

- -

4.317.781.456.536 3.548.308.187.173

12.782.613.178

Sub Jumlah Pihak Ketiga /

Sub Total Third Parties

1.205.163.277.700

-

PT Teras Nirwana Bali - - -

PT Jasamarga Kualanamu

33.440.982.101

- PT Hutama Karya (Persero) 289.134.477.034 - 60.926.000.000 -

-

- 12.903.412.502

Universitas Negeri

Yogyakarta

- - - - 12.789.874.863

PT Adaro Persada Mandiri - - -

- - 9.386.363.636

Dinas Perumahan Pemda

Prov DKI

13.193.707.600

PT KE JO China - - -

- - - - 8.690.918.865

- 6.728.310.909

PT Parama Matra Widya

- - - 9.965.059.010

PT Cahaya Sumber Raya -

36.150.951.405 72.213.479.742 29.339.835.560 -

RSUP Dr Kariadi Semarang - - - - 11.855.257.649

PT Akur Pratama - - - - 10.682.803.513

PT Global Surya Manggala -

176








(Lihat catatan No. 3e, 3t dan 48) (See Notes No. 3e, 3t and 48)

8.593.857.476 32.665.383.433 61.507.854.567

- - - 37.019.378.525 148.586.311.304

PT Angkasa Pura Hotel

Kementerian Keuangan RI

PT Bank Mandiri (Persero)

PT Krakatau Daya Listrik

PT Bukit Asam

PT KAI (Persero)

PT Pembangkitan Jawa Bali

34.645.814.120 44.165.228.499

33.375.032.194 145.456.277.297

14.471.492.366 492.218.000.000

PT Industri Kapal Indonesia

(Persero)

PT Krakatau Bandar

PT Semen Indonesia

(Persero) Tbk

Lain-lain di bawah Rp 1

Milyar / Other of less than 1

Billions

- 3.952.898.000

13.564.130.655 26.080.992.000 162.311.648.670

11.945.099.129 398.131.335.991 -

- -

- -

Sub Jumlah Pihak Berelasi /

Sub Total Related Parties

Jumlah Pendapatan Usaha /

Total Revenue

99.065.243.385 99.065.243.385

-

- - -

- - -

- - - 14.015.323.256

- -

35.735.507.474 162.041.779.670

- -

- -

PT Pertamina (Persero)

PT Jasa Marga (Persero)

PT Petrokimia Gresik

PT Pertamina EP Cepu

PT Pekanbaru Permai

Propertindo

2.203.745.203 1.486.707.778


PT Pelindo IV (Persero)

PT Indonesia Power

Bank Indonesia

PT ASDP Indonesia Ferry

(Persero)

54.249.239.640 - -

54.224.145.188 18.306.193.629 84.815.968.505

38.



69.144.649.992

- - - 1.056.446.604 135.921.553.396

-

- - - 188.402.956.818 36.891.225.000

- - - 101.644.566.446 27.845.433.554

-

62.819.616.873 89.700.975.777

Pindahan / Brought

Forward

1.898.795.027.505 1.506.971.189.338 4.427.668.433.583 2.536.759.110.285 2.512.999.632.177

PT Bank BNI (persero) Tbk 9.997.640.982 - - 50.514.117.701 10.246.792.237

Perum Peruri

5.119.115.121 - -

- 19.725.000.000

39.082.070.570 - 170.346.175.000

24.615.594.901 - -

19.840.558.895 21.107.627.728 42.573.943.755

16.421.324.401

4.000.000.000 - -

- - -

- - -

60.095.679.236 -

- -

8.268.622.682 105.184.602.318

Project which contributed more than 10% of the Company's total income for the

years ended 30 June 2016 and 30 June 2015, and 31 December 2015, 2014 and

2013:

357.197.999 120.710.000 142.620.000 - 616.942.991

2.154.414.890.189 1.673.138.663.858 4.999.470.788.374 3.609.620.384.004 4.062.252.258.779

6.472.196.346.725 5.221.446.851.031 14.217.372.867.769 12.427.371.312.550 11.655.844.311.524



Rincian pemberi pekerjaan dengan nilai pendapatan yang melebihi 10%

dari pendapatan usaha Perseroan untuk tahun yang berkahir 30 Juni

2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014 dan 2013 adalah

sebagai berikut:

754.199.695.252 1.167.067.208.410 2.219.251.594.973 1.726.801.631.945 1.205.163.277.700

177






39. BEBAN POKOK PENJUALAN COST OF GOODS SOLD

(Lihat catatan No. 3t) (See Notes No. 3t)

40. BEBAN USAHA OPERATING EXPENSES

Pegawai / Employees

(Lihat Catatan No. 3t ,19 dan No.20) (See Note No. 3t, 19 and No.20)

Properti dan Realti / Property

and RealtyPracetak / Precast

Peralatan / Equipment Rent

Jumlah Beban Pokok

Penjualan / Total Cost of

Goods Sold

Umum / General administrative

expenses

Jasa Konstruksi / Construction

EPC (Engineering,

Procurenment - Construction)

December 2013

General expenses represent expenses for stationery, electricity and phone bill,

human resources development and business trip and others.

Marketing expenses consist of expenses for promotion, bidding and pre-bidding,

representation and business development expense.

Beban umum merupakan pengeluaran-pengeluaran untuk alat tulis

kantor, listrik, telepon, pengembangan pegawai dan biaya perjalanan

dinas.


39.

Merupakan Beban Pokok Penjualan untuk periode yang berakhir pada

30 Juni 2016, dan 30 Juni 2015 serta 31 Desember 2015, 2014 dan 2013

terdiri dari :

Represents of cost of good sold for period ended 30 June 2016 and 30 June 2015,

and 31 December 2015, 2014 and 2013:


4.882.303.216 5.323.367.241 5.539.162.283

223.649.781.372 185.416.779.821 409.796.588.209 281.280.155.135 195.894.941.282

3.916.435.929.698 3.737.717.130.412 10.366.782.602.540 9.247.543.977.077 8.826.372.176.767

910.517.684.911 227.632.867.533 722.117.314.799 948.285.823.057 1.306.650.385.017

469.691.854.421 482.666.978.017 892.169.379.289 378.839.463.954 193.829.260.538

164.266.675.096 21.068.500.589 77.536.097.303 181.801.313.849 47.950.264.516

104.777.349.955 69.300.087.352 151.806.727.553 121.188.548.061 -

5.565.689.494.081 4.538.385.563.903 12.210.412.121.484 10.877.659.125.998 10.374.802.086.838

Merupakan beban usaha untuk periode yang berakhir 30 Juni 2016 dan

30 Juni 2015, serta 31 Desember 2015, 2014 dan 2013 terdiri dari :

40.



156.103.760.115 139.498.382.040 287.556.323.896 201.677.933.802 134.815.320.350

50.182.784.671 36.931.217.944 96.071.384.547 65.449.405.695 49.542.778.927

The account represent operating expenses for period ended 30 June 2016 dan 30

June 2015, and 31 December 2015, 2014 and 2013, consisting of:

14.494.076.246 6.046.999.926 21.286.576.550 8.829.448.397 5.997.679.722

2.869.160.340 2.940.179.911

Depreciation expenses represent the depreciation of Fixed Assets used by the head

office and subsidiary.

Beban penyusutan merupakan beban penyusutan Aset Tetap yang

dipergunakan oleh Kantor Pusat dan Entitas Anak.

Beban pemasaran merupakan pengeluaran untuk biaya promosi, biaya

tender dan pra tender, biaya representasi dan pengembangan usaha.

Pemasaran / Marketing

expenses

Penyusutan / Depreciation

expenses

Jumlah Beban Usaha / Total

Operating Expenses

178






41. PENDAPATAN LAINNYA OTHER INCOME

Jasa giro / Banking Fee

Laba selisih kurs terdiri dari / Gain on exchange rates consist of:

42. BEBAN LAINNYA OTHER EXPENSES

Beban obligasi / Bond expenses

43. BEBAN PENURUNAN NILAI PIUTANG IMPAIRMENT

Jumlah/ Total

(Lihat Catatan No. 3g dan 6) (See Note No. 3g and 6)

44. BIAYA PENDANAAN / BUNGA FUNDING / INTEREST EXPENSES

Jumlah/ Total

44.

Merupakan beban lain-lain untuk periode yang berakhir pada 30 Juni

2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014 dan 2013 terdiri

dari:

The account represent other expenses for period ended 30 June 2016 and 30 June

2015, and 31 December 2015, 2014 and 2013, consisting of:

42.





5.223.958.447 8.800.013.128 16.275.362.683 4.624.192.251 4.414.511.399

16.381.950.214 10.035.962.975 30.584.649.818 13.558.077.305 8.357.740.033

(13.000.638.529) 10.481.525.210 71.084.195.760 1.844.413.876 (6.385.853.379)

47.729.003.289 3.515.030.431 18.343.765.491 314.794.660

41.

1.695.329.019

56.334.273.421 31.012.830.332 121.459.238.692 38.370.448.923 6.701.192.713

- 10.481.525.210 92.675.423.093 12.989.699.001 10.500.087.075

27.874.240.852 27.554.101.014

902.469.658

373.650.775

18.634.297.526

5.941.090.532 25.101.272.197 4.492.332.314 6.650.847.668

278.741.684 557.483.368 758.392.460 388.112.527

26.768.190.010 61.118.943.610 33.124.965.626 34.593.061.209



10.111.291.065 27.918.080.387 63.954.616.817 81.255.080.667 106.934.444.957

The account represents impairment of receivables for the period ended 30 June

2016 and 30 Juni 2015, and 31 December 2015, 2014 and 2013, consisting of:

43.

Merupakan beban penurunan nilai piutang untuk periode yang berakhir

30 Juni 2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014 dan 2013

terdiri dari:

(13.000.638.529) - (21.591.227.333) (11.145.285.125) (16.885.940.454)

(13.000.638.529) 10.481.525.210 71.084.195.760 1.844.413.876 (6.385.853.379)

Beban rupa - rupa / Others

expenses

10.111.291.065 27.918.080.387 63.954.616.817 81.255.080.667 106.934.444.957



104.285.465.004 100.950.568.486 372.986.744.301 343.920.520.051 271.563.730.656

104.285.465.004 100.950.568.486 372.986.744.301 343.920.520.051 271.563.730.656

The account represent funding / interest expenses for the period ended 30 June

2016 and 30 June 2015, and 31 December 2015, 2014 and 2013, consisting of:

Merupakan beban pendanaan / bunga untuk periode yang berakhir 30

Juni 2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014 dan 2013

terdiri dari:

Beban administrasi dan provisi

bank / Administrative expenses

and bank provision

17.358.177.093 20.548.357.794 35.460.188.045

Beban Pendanaan / Funding

Expenses

Bunga deposito / Time deposit

interestLaba selisih kurs-bersih / Gain

on exchange rates

Pendapatan Rupa - rupa /

Miscellaneous

Jumlah Pendapatan Lain-Lain/

Total Other Income

Pendapatan selisih kurs /

Gain on exchange rates

Beban selisih kurs / Loss on

exchange rates

Laba selisih kurs / Gain on

exchange rates

Jumlah Beban Lain-Lain /

Total Others expenses

Beban Penurunan Nilai Piutang /

Impairment of Account

179






45. BAGIAN LABA VENTURA BERSAMA PROFIT FROM JOINT VENTURE

52.657.312.484

Merupakan laba (rugi) yang diperoleh dari proyek-proyek yang dikerjakan

secara Ventura Bersama dengan perusahaan lain untuk periode yang

berakhir 30 Juni 2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014

dan 2013.

KSO Tol Balikpapan Samarinda 321.846.970 - - - -

-

-



45.

Represents of profit (loss) obtained from the Joint Venture projects with other

companies for the period ended 30 June 2016 and 30 June 2015, and 31 December

2015, 2014 and 2013.

- -

- - -

- - - -

2.568.005.145 3.909.982.524

KSO Pumping Station 7.717.948 9.153.732 361.719.832 1.047.900.690 41.567.378

KSO Jl Tolo Solo Kertosono

Seksi 4

- 1.882.356.776 5.610.532.956 - -

KSO Tambak Mulyo Mawar 720.216.272 - 652.245.850 - -

KSO Cisangkuy 555.782.456 - - - -

KSO Soker Loan China 422.565.241 - - - -

KSO Antasari Depok 57.602.947 865.699.272 2.625.388.850 1.444.199.265 -

KSO M 7 G / Paladian Park 57.015.809 485.412.902 1.085.676.811 1.709.544.177 -

KSO Winrip Mangopoh Padang 331.202.750 - - - -

5.458.659.004 -

KSO PLTA Peusangan - 363.091.311 205.829.481 3.880.260.870

KSO Pabrik Precast Kariangao - - - 2.594.798.391 -

KSO Fak. Teknik UNHAS - - - 2.425.000.000 -

KSO Flyover Pasar Kembang

Sby

- - - 1.274.973.143 416.804.191

KSO Bandara Sepinggan - - - 956.910.115 18.312.872.013

6.074.514.645 4.010.928.334

- 280.859.453 - 24.107.313.672 16.196.640.645

KSO Jl. Kenyam - Mugi Papua

Thp 2

- - 13.758.106.474 - -

KSO Jembatan Kembar Lanjutan - - 3.650.917.743 - -

KSO Jl KA Makasar Pare-Pare

2.990.070.316

KSO RSUD Koja -

2.853.736.058

Ventura Bersama tersebut berasal dari proyek-proyek sebagai berikut: The followings are details of Joint Ventures:

KSO Holtekamp 7.055.738.331 1.180.852.348 13.756.705.320 5.604.882.364 -

KSO RRDP Apas Simanggaris 4.273.023.862 2.086.719.581 7.565.802.871 2.641.948.484 -

KSO Jaringan Air Bersih &

Limbah Bsh

2.911.733.066 -


Forward

35.413.060.279 10.262.864.204 66.919.957.578 78.842.289.342

KSO Sindang Heula 1.979.504.866 -

KSO Jalan Soker - - 304.481.769 5.373.658.691

1.228.527.061 11.734.624.389 -

3.675.553.996

KSO Jalan Batang - 302.134.117 380.812.271 1.817.620.389 195.598.927

KSO Jl. Kenyam - Mugi Papua

KSO Kali Lamong 10.863.995.800 - - 1.921.261.413

- - KSO Apron II Bandara Suta -

- - 1.102.435.658 - -

KSO BIJB Paket 2 Kertajati 2.424.975.038

KSO Pengendali Banjir Batang

Kuranji Padang

1.343.574.872 - 596.345.327 - -

KSO Cable Stayed Kendari 1.072.654.928 - 5.301.214.840 - -

KSO Bendung Randangan -

Pohuwato

961.502.016 1.147.016.473 3.094.701.540 1.664.873.499 53.558.102

KSO Jalan Bojonegoro -

Padangan

52.407.107 93.137.838 179.853.920

826.709.005

KSO Rekonstruksi Sabodam

Merapi

- 739.721.396

180






45. BAGIAN LABA VENTURA BERSAMA (lanjutan) PROFIT FROM JOINT VENTURE (continued)

Nama Proyek / Perusahaan JO / Persentase / Status /

Project Name JO Company's Percentage Status

KSO Fly Over Medan Jamin Ginting PP - WIKA : In Progress

KSO Tol Balikpapan Samarinda PP - BUCG - WIKA : : In Progress

KSO Jl Tolo Solo Kertosono Seksi 4 PP - WASKITA : In Progress

30 Juni /

45.

The Company entered into joint venture agreements with various parties as

specified at each agreement, in the form of funds transfer to the manager according

to the specified portion determined in the Joint Venture Agreement. Project

manager is appointed from among members of the Joint Operation parties. The

project manager shall carry out activities of projects development trusted by the

owner and shall be fully responsible for the entire activities, including responsibility

for financial reporting of the project to the entire JV project members.

51% 49%

KSO Grand Soho - -

December 2013December 2014December 2015June 2015June 2016

31 Desember / 31 Desember / 31 Desember / 30 Juni /

KSO Stadion Cibinong - - - - 10.500.264.061

KSO Stadion Banjar - - - - 4.943.981.207

KSO Fak. Teknik UNHAS Pkt.3 - - -

KSO Sebuku Phase III - - -

KSO Islamic Center Inhil - - - 89.334.467 1.204.219.064

67.272.672 351.747.634

KSO Jalan Sanga - Sanga - - - 16.412.160 4.133.154.213

KSO Bandara Samarinda Baru - - - 13.013.218 4.353.486.997

KSO Jembatan Kembar

Samarinda

-

KSO Irigasi Bajo Kabupaten

Luwu

- 2.430.482.620

- 2.146.786.126

KSO Ged Kesenian Balikpapan - - - - 1.489.586.792

KSO Jembatan Siak Thp IV - - - - 1.364.245.511

KSO Rehab Sungai Citarum Pkt

2

- - - - 1.185.119.928

KSO Bendungan Karet - - - - 725.586.512

KSO Gedung Kementerian PU -

Jumlah Laba (Rugi) Ventura

Bersama / Total Profit (Loss)

from Joint Venture

- - - 273.288.242

KSO RSUD Walet Cirebon - - -

KSO Banyu Urip Bojonegoro - - - - 159.741.478

- -

KSO Bandara Achmad Yani - - -

- -

(208.729.339) 4.980.549.769

32.646.684.279

- 56.894.683

(595.529.031)

KSO Stadion Samarinda - - - - (2.159.984.272)

KSO Revitalisasi Pasar Medan - - - (23.908.787) 702.879.462

KSO Irigasi Jabung - - - (983.455.000) (1.082.071.649)

KSO Stadion Jember - - - (6.234.599.674) 2.197.150.366

KSO Pekanbaru Permai (2.766.376.000) - - - -

20% 60% 20%

Perusahaan melakukan perjanjian kerjasama dengan berbagai pihak

sebagaimana tersebut pada masing-masing perjanjian, berupa

penyerahan dana kepada pengelola sesuai kewajiban yang tertuang

dalam perjanjian Ventura Bersama menurut porsi yang ditetapkan.

Pengelola proyek dibentuk dengan anggota yang berasal dari masing-

masing pihak yang melakukan Ventura Bersama. Pengelola proyek ini

melaksanakan kegiatan pembangunan proyek yang berasal dari pemberi

kerja yang bertanggungjawab sepenuhnya seluruh kegiatan tersebut

termasuk laporan pertanggungjawaban keuangan proyek kepada masing-

masing pihak yang melakukan perjanjian kerjasama Ventura Bersama.

KSO Flyover Medan Jamin

Ginting

-

KSO Louwi Goong - (290.415.448) 4.811.532

66.924.769.110 71.023.917.344 94.252.483.918 9.972.448.756

58% 43%

- - (660.944.174) 189.509.000

- 99.853.382 -

-

Pindahan / Brought

Forward

35.413.060.279 10.262.864.204 66.919.957.578 78.842.289.342 52.657.312.484

- 7.379.077 2.044.082.721

181






45. BAGIAN LABA VENTURA BERSAMA (lanjutan) PROFIT FROM JOINT VENTURE (continued)

Nama Proyek / Perusahaan JO / Persentase / Status /

Project Name JO Company's Percentage Status

KSO Jembatan Kembar Lanjutan PP - PERDANA : In Progress

KSO Tambak Mulyo Mawar PP - ARMADA HADA GRAHA : In Progress

KSO Jl Kenyam-Mugi Papua Tahap 2 PP - NIRWANA : In Progress

KSO Soker Loan China PP - CRBC - WIKA : : In Progress

KSO Antasari Depok PP - WASKITA - HK : : In Progress

KSO Pabrik Precast Kariangao PP - BRM PILE : In Progress

KSO Bendung Randangan-Pohuwato PP - NAT : In Progress

KSO Holtekamp PP - MWT In Progress

KSO Jembatan Holtekamp PP - HK - NK : : In Progress

KSO RRDP Apas Simanggaris PP - Perdasa : In Progress

KSO Jaringan Irigasi Leuwi Goong PP - SACNA : In Progress

KSO APRON II Bandara Suta PP-WIKA-WASKITA-HYUNDAI : : : In Progress

KSO Cable Stayed Kendari PP - NK : In Progress

KSO Cisangkuy PP - Jaya Konstruksi : In Progress

KSO BIJB PAKET 2 KERTAJATI PP - WIKA In Progress

KSO PLTA Peusangan PP - Hyundai : Finished

KSO Jalan Batang PP - WASKITA - DELTA : : Finished

KSO Rekonstruksi Sabodam Merapi PP - WASKITA : Finished

KSO Jalan Bojonegoro - Padangan PP - BPR : Finished

KSO Revitalisasi Pasar Medan PT - IMN : Finished

KSO Jl Kenyam-Mugi Papua PP - NIRWANA : Finished

KSO Kali Lamong PP - WIKA : Finished

KSO Bandara Sepinggan PP - WIKA - ADHI : : Finished

KSO RSUD Koja PP - ARKONIN Finished

KSO Jalan Soker PP - WASKITA : Finished

KSO Louwi Goong PP - WIKA : Finished

KSO Fakultas Teknik UNHAS Paket 3 PP - ITOCHU : Finished

KSO FT Unhas PP - ITOCHU : Finished

KSO Irg Jabung PP - WIKA : Finished

KSO Jembatan Siak Thp IV PP- WK - HK : Finished

KSO Fly Over Pasar Kembang Surabaya PP - GNG - BLJ : : Finished

KSO Stadion Cibinong PP - PENTA : Finished

KSO Bandara Samarinda Baru PP-Luhribu Jy-Tahta : Finished

KSO Bendungan Karet PP - BRANTAS : Finished

KSO Banyu Urip Bojonegoro PP - RMT : Finished

KSO Irigasi Bajo Kab. Luwu PP - DGI : Finished

KSO Jalan Sanga Sanga PP - PBS - AK - LNJ : : : Finished

KSO Islamic Center Inhill PP - Multi Structure : Finished

KSO Pumping Station PP - ADHI : Finished

KSO Rehab Sungai Citarum Paket 2 PP - NK : Finished

KSO RSUD Waled Cirebon PP - CAKRA : Finished

KSO Sebuku Phase III PP - Bouer Prtm,Mlsy : Finished

KSO Stadion Banjar PP - SAKNA : Finished

KSO Jembatan Kembar Samarinda PP - PERDANA : Finished

KSO Appron Bandara A Yani SMG PP - PS : Finished

(Lihat Catatan No. 3q) (See Notes No. 3q)

45.

26%

60% 40%

38% 62%

45%

15% 60% 25%

33% 34% 33%

25% 75%

70% 30%

55%

99% 1%

35% 65%

70% 30%

60% 40%

38% 42%

3%

57,5% 42,5%

80% 20%

22%

45% 55%

30% 70%

35% 45% 20%

51% 49%

70% 30%

70% 30%

99% 1%

51% 49%

30% 36,67% 33,33%

97%

70% 30%

45% 40% 15%

60% 40%

15% 5%

70% 30%

60% 40%

51% 49%

73% 27%

73% 27%

50% 50%

40% 60%

35% 32,5% 32,5%

97% 3%

50% 50%

30% 70%

60% 40%

32% 20%

60% 40%

97,50% 2,50%

97,50% 2,50%

55% 45%

49% 51%

182






46. BAGIAN LABA ENTITAS ASOSIASI INCOME FROM ASSOCIATED COMPANY

47. LABA PER SAHAM DASAR EARNING PER SHARE

Laba Usaha / Operating Income

Laba yang dapat diatribusikan kepada / Income distributed to:

48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI RELATED PARTY TRANSACTIONS

a. a.

b. b.

c. c.

Pemilik Entitas Induk /

Parent Company's

Shareholders

Laba Usaha per Saham Dasar /

Operating Income per Share

Laba Bersih per Saham Dasar /

Earning per Share

Perseroan mengadakan perjanjian dalam rangka usaha Perseroan

dengan BUMN-BUMN lain maupun entitas anak BUMN serta badan-

badan/lembaga-lembaga pemerintah yang berwenang.

88

The characteristic and type of significant transactions with related parties, as follows:

Pemerintah Republik Indonesia yang diwakili oleh Menteri Negara

BUMN merupakan pemegang saham Perseroan sebesar 51% per 31

Desember 2015, 2014 dan 2013. Perseroan dan BUMN lain memiliki

hubungan afiliasi melalui penyertaan modal Pemerintah Republik

Indonesia.

The Government of Republic Indonesia which is represented by the State

Minister of State Owned Enterprises represent the Company's shareholders of

51% as of 31 December 2015, 2014 and 2013. The Company and other State

Owned Enterprises are affiliated with the Government of Republic Indonesia

through ownership.

Rata-rata tertimbang saham

beredar (lembar) / Total

Weighted average number of

shares issued

4.842.436.500 4.842.436.500 4.842.436.500 4.842.436.500 4.842.436.500

46.

48.

Perseroan menempatkan dana dan memiliki pinjaman dana pada

bank-bank BUMN dengan persyaratan dan tingkat bunga normal

sebagaimana yang berlaku untuk nasabah pihak ketiga.

1.268.432.031.417 1.085.147.283.404

428.300.835.871

31 Desember /

The account represent income (loss) from associated company for the period ended

30 June 2016 and 30 June 2015, and 31 December 2015, 2014 and 2013.

Merupakan bagian laba (rugi) dari entitas asosiasi untuk periode yang

berakhir 30 Juni 2016 dan 30 Juni 2015, serta 31 Desember 2015, 2014

dan 2013.

73 33 153 110

June 2015

1.473.266.866

30 Juni / 30 Juni / 31 Desember /

47.

Entitas Asosiasi PT Muba Daya Pratama dengan Laporan Keuangan

Perusahaan Per 31 Desember 2015 membukukan laba sebesar

Rp94.266.823,- dan Per 31 Desember 2014 membukukan laba sebesar

Rp2.805.711.696,- sedangkan Per 31 Desember 2013 membukukan

laba sebesar Rp3.006.667.074. Kepemilikan Perseroan pada PT Muba

Daya Pratama sebesar 49%. Atas laba tersebut. Perseroan

membukukan keuntungan sesuai porsi kepemilikan adalah per 31

Desember 2015 sebesar Rp46.190.743,- dan per 31 Desember 2014

sebesar Rp1.374.798.731,- dan per 31 Desember 2013 sebesar

Rp1.473.266.866,-

The associated entity, PT Muba Daya Pratama, based on its financial statements for

the year ended 31 December 2015 earned a profit of IDR94,266,823.and 31

December 2014 earned a profit of IDR2,805,711,696. While for the year ended 31

December 2013 earned a profit of IDR3,006,667,074. The voting interest of the

Company in the associated entity is 49%. For the profit earned by the associated

entity, the Company is entiled to profit of IDR46,190,743. for the year ended 31

December 2015 and IDR1,374,798,731. for the year ended 31 December 2014 and

profit of IDR1,473,266,866 for the year ended 31 December 2013, commensurate

with the ownership portion.

Sifat dan jenis transaksi yang material dengan pihak-pihak yang berelasi


31 Desember /


682.857.071.272 497.644.507.307 1.597.164.158.076

355.340.722.705 160.777.704.151 740.323.181.921 533.406.543.587

141

June 2016

Bagian Laba (Rugi) - Entitas

Asosiasi / Share of profit (loss)

of associated company

- - 46.190.743 1.374.798.731

The Company puts funds and gets loans from the government banks at normal

terms and interest rates equal to other third party customers.

30 Juni / 30 Juni / 31 Desember / 31 Desember /


31 Desember /

December 2013

103 330 262 224

The Company enters into agreements in relation to the Company's operations

with other state owned enterprises and subsidiaries and also with other

authorized government bodies and institutions.

183






48. TRANSAKSI DENGAN PIHAK-PIHAK BERELASI (lanjutan) RELATED PARTY TRANSACTIONS (continued)

d. d.

e. e.

PT Bank BNI (Persero) Tbk Afiliasi / Affiliated Kas dan Setara Kas dan Pinjaman Bank / Cash and

Cash Equivalents and Bank Loans

PT Bank BTN (Persero) Tbk Afiliasi / Affiliated Kas dan Setara Kas dan Pinjaman Bank / Cash and


PT Bank Syariah Mandiri Afiliasi / Affiliated Kas dan Setara Kas dan Pinjaman Bank / Cash and


PT Bank Mandiri (Persero) Tbk Afiliasi / Affiliated Kas dan Setara Kas dan Pinjaman Bank / Cash and


Afiliasi / Affiliated Kas dan Setara Kas dan Pinjaman Bank / Cash and


PT Krakatau Daya Listrik Afiliasi / Affiliated Piutang Usaha, Tagihan Bruto dan Pendapatan Usaha / Trade

PT Bukit Asam (Persero) Afiliasi / Affiliated Piutang Usaha & Piutang Retensi / Trade Receivable and

Retention Receivable

PT Krakatau Bandar Samudera Afiliasi / Affiliated Piutang Usaha / Trade Receivable

PT KAI (Persero) Afiliasi / Affiliated Piutang Usaha, Tagihan Bruto dan Pendapatan Usaha / Trade

Receivable, Unbilled Receivable and Operating Revenue

PT PLN (Persero) Afiliasi / Affiliated Piutang Usaha, Tagihan Bruto dan Pendapatan Usaha / Trade


PT Muba Daya Pratama Afiliasi / Affiliated Piutang Usaha dan Piutang Retensi / Trade Receivable and

Retention Receivable

Perum Peruri Afiliasi / Affiliated Piutang Retensi, Tagihan Bruto dan Pendapatan Usaha /

Retention Receivable, Unbilled Receivable and

Operating Revenue

PT Angkasa Pura Hotel Afiliasi / Affiliated Piutang Usaha,Tagihan Bruto dan Pendapatan Usaha /

Trade Receivable, Unbilled Receivable,

and Operating Revenue

PT Dahana (Persero) Afiliasi / Affiliated Piutang Usaha / Trade Receivable

PT Angkasa Pura II (Persero) Afiliasi / Affiliated Piutang Usaha, Piutang Retensi, Tagihan Bruto dan

Pendapatan Usaha / Trade Receivable, Retention


PT Taspen (Persero) Afiliasi / Affiliated Piutang Usaha dan Tagihan Bruto / Trade Receivable and

Unbilled Receivable

7

3

16


8

48.

10

13

6

The Company owns 49% in PT Jababeka PP Properti,49 % in PT Sentul PP

Properti, 49% shares in PT Muba Daya Pratama, 35% in PT Inpola Meka Energi,

25% in PT Prima Multi Terminal, 30% in PT Alam Inti Energi, 20% in PT

Pekanbaru Permai Propertindo, 20% in PT Sinergi Investasi Properti, 15% in PT

Jasa Marga Manado Bitung, 15% in Jasa Marga Balikpapan Samarinda,15% in

PT Jasa Marga Kualanamu, 15% in PT Pancakarya Grahatama, 15% in PT PP-

Taisei Indonesia Construction, 12.5% in PT Citra Waspphutowa and 4.67% in

PT Mitra Cipta Polasarana.

11

Pihak Pihak Yang Berelasi / Related

Parties

2

Perusahaan membentuk beberapa proyek kerjasama operasi (Joint

Operation) dengan beberapa partisipan lain dalam pemberian jasa

konstruksi.

9

4

5

12

1

No

Perseroan merupakan pemegang saham pada Perusahaan Asosiasi

yaitu PT Jababeka PP Properti 45%, PT Sentul PP Properti 49%, PT

Muba Daya Pratama sebesar 49%, PT Inpola Meka Energi sebesar

35%, PT Prima Multi Terminal sebesar 25%, PT Alam Inti Energi

sebesar 30%, PT Pekanbaru Permai Propertindo sebesar 20%, PT

Sinergi Investasi Properti 20%, PT Jasa Marga Manado Bitung

sebesar 15%, PT Jasa Marga Balikpapan Samarinda sebesar 15%,

PT Jasa Marga Kualanamu sebesar 15%, PT Pancakarya

Grahatama sebesar 15%, PT PP-Taisei Indonesia Construction

sebesar 15%, PT Citra Waspphutowa sebesar 12,5% dan PT Mitra

Cipta Polasarana sebesar 4,67%.

Rincian, sifat hubungan dan jenis transaksi yang material dengan pihak-

pihak yang berelasi adalah, sebagai berikut:

14

15

Sifat Hubungan / Nature of

Relationship

The Company established a number of joint operation projects with other

participants in construction services.

The following are details of characteristic of the relationship and types of significant

transactions with the related parties:

Transaksi / Transaction

184







PT Bio Farma (Persero) Afiliasi / Affiliated Piutang Usaha, Piutang Retensi dan Pendapatan Usaha / Trade

Receivable, Retention Receivable, and Operating Revenue

PT Pelindo II (Persero) Afiliasi / Affiliated Piutang Usaha, Piutang Retensi, Tagihan Bruto dan



PT Pelindo I (Persero) Afiliasi / Affiliated Piutang Usaha dan Pendapatan Usaha /

Trade Receivable and Operating Revenue

PT Angkasa Pura I (Persero) Afiliasi / Affiliated Piutang Usaha, Tagihan Bruto dan Pendapatan Usaha /

Trade Receivable, Unbilled Receivable and Operating Revenue

PT Jasa Marga (Persero) Tbk Afiliasi / Affiliated Piutang Usaha, Piutang Retensi, Tagihan Bruto dan



PT Industri Kapal Indonesia (Persero) Afiliasi / Affiliated Piutang Usaha, Piutang Retensi, Tagihan Bruto dan



Kementerian Keuangan Piutang Usaha, Piutang Retensi, Tagihan Bruto, dan



PT Hotel Indonesia Natour (Persero) Afiliasi / Affiliated Piutang Retensi and Tagihan Bruto / Retention Receivable

and Unbilled Receivable

PT Pelindo IV (Persero) Afiliasi / Affiliated Piutang Retensi, Tagihan Bruto, dan Pendapatan Usaha /


Operating Revenue

PT Pelindo III (Persero) Afiliasi / Affiliated Piutang Retensi, Tagihan Bruto dan Pendapatan Usaha /


Operating Revenue

PT Indonesia Power Afiliasi / Affiliated Piutang Usaha, Tagihan Bruto dan Pendapatan Usaha /

Trade Receivable, Unbilled Receivable and

Operating Revenue

PT Wijaya Karya Beton Afiliasi / Affiliated Utang Usaha/ Trade Payable

PT Wijaya Karya Rekayasa Kontruksi Afiliasi / Affiliated Utang Usaha/ Trade Payable

PT Wijaya Karya Insan Pertiwi Afiliasi / Affiliated Utang Usaha/ Trade Payable

Dana Pensiun Pegawai PT PP (YDP4) Afiliasi / Affiliated Piutang lain-lain / Other Receivables

PT PP Taisei Afiliasi / Affiliated Piutang lain-lain / Other Receivables

Koperasi Karyawan Afiliasi / Affiliated Piutang lain-lain / Other Receivables

PT Citra Waspphutowa Penyertaan / Investment in Share Piutang lain-lain / Other Receivables

A/R & A/P Trade & Profit (Loss) JO

KSO Jatigede DAM Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Irigasi Jabung Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO The Company Epicentrum Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Pumping Station Piutang & Utang Usaha, Laba (Rugi) KSO/


Penyertaan / Investment in Share




Pemerintah / Government Agency

32

17

31

20

35

34

48.

No Pihak Pihak Yang Berelasi / Related

Parties


Relationship


27

26

29

19

33

28

18

36

16

17

22

24

30

21

23

25

185







KSO Rehab. Sungai Citarum Paket 2 Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Kali Madiun Tahap 2 Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Irigasi Sungai Ular Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO BPK Tower Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO DAM Jatigede Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO DAS Solo Hulu Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Leuwi Goong Piutang & Utang Usaha, Laba (Rugi) KSO/


KSO Irigasi Batanghari ICB Piutang & Utang Usaha, Laba (Rugi) KSO/


PT Hotel Indonesia Natour (Persero) Afiliasi / Affiliated Piutang Retensi and Tagihan Bruto / Retention Receivable

KSO BMG Tower 2010 Piutang & Utang Usaha, Laba (Rugi) KSO/


Aset / Assets

Aset / Assets










There are no differences in pricing policy and terms of transaction between related

parties and third parties.

37

38

41

48.

No Pihak Pihak Yang Berelasi / Related

Parties

40

46

42

Piutang Usaha / Trade Receivable

1,1% 158.700.000.000

2,7% 402.129.991.089

1,9% 278.473.048.342

6,9% 1.011.575.520.283

39

Tidak ada perbedaan kebijakan harga dan syarat transaksi antara pihak-

pihak berelasi dan pihak ketiga.

Piutang Retensi / Retention Receivable

Tagihan Bruto / Unbilled Receivable

Piutang Lain-lain / Other Receivables

Kas dan Setara Kas / Cash and Cash Equivalents

Investasi Jangka Pendek / Short Term Investments



Tagihan Bruto / Unbilled Receivable

44

Kas dan Setara Kas / Cash and Cash Equivalents



Relationship


Rincian akun yang terkait dengan transaksi Pihak-pihak Berelasi adalah

sebagi berikut:

45

%

9,6%

0,9%

Piutang Lain-lain / Other Receivables

31 Des. / Dec. 2015

% Nilai /

Amount

2.657.782.539.156

224.400.000.000

499.742.049.036

457.203.759.331

2.121.578.613.705

4.427.026.597

13,7%

1,2%

2,6%

2,4%

10,9%

0,0%

30 Jun. / Jun. 2016

Nilai /

Amount

1.978.921.299.732

178.950.000.000

522.005.432.699

487.488.794.580

2.134.432.092.738

The following is the breakdown of transactions with related parties:

43

2.439.849.326

2,5%

2,4%

10,3%

0,0%

31 Des. / Dec. 2013

% Nilai /

Amount

16,6% 2.078.925.259.056

1,1% 137.826.048.297

3,8% 473.950.924.678

1,2% 155.726.895.553

17,8% 2.228.961.493.063

0,0% 3.622.056.903

31 Des. / Dec. 2014

% Nilai /

Amount

13,8% 2.038.865.964.782

0,0% 2.549.338.179

Persentase diatas merupakan perbandingan dengan total aset / The above percentages are in line with the total assets.

186







Liabilitas / Liabilities

Utang Bank / Bank Loans

Utang Non Bank / Non Bank Loans

Utang Usaha / Trade Payables

Utang Jangka Panjang / Long-Term Liabilities





Utang Jangka Panjang / Long-Term Liabilities

Pendapatan Usaha / Operating Revenues

Pendapatan Usaha / Operating Revenues

ASET / ASSETS

Kas & Setara Kas / Cash & Cash Equivalents

Bank

Rupiah






PT Bank BRI Syariah


48.

5,19% 1.074.604.359.229 3,73% 723.047.944.041

% Nilai /

Amount

%

30 Jun. / Jun. 2016 30 Jun. / Jun. 2015

31 Des. / Dec. 2014 31 Des. / Dec. 2013

Amount

6,5% 801.804.504.414

Nilai /

29,05%

Amount

%

The followings are overall breakdown of transactions with related parties:

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

8,2% 1.147.275.079.906

2,9% 401.594.722.960

1,7% 239.615.393.857

1,9% 259.390.440.534

3,6% 505.413.002.074

10,5% 1.576.175.021.614

6,1% 911.695.286.919

1,1% 161.123.575.558

2,9% 437.865.683.562

3,8% 577.727.282.860

1,0% 107.824.269.885

0,8% 81.224.585.462

3,2% 334.168.414.875

1,1% 114.704.178.590

Uang Muka Pemberi Pekerjaan & Konsumen / Advances From Prokects Owner &

Consumers

Uang Muka Pemberi Pekerjaan & Konsumen / Advances From Prokects Owner &

Consumers

3,44% 712.346.844.937

0,69% 142.467.292.544

Rincian selengkapnya yang terkait dengan transaksi Pihak-pihak

Berelasi adalah sebagai berikut:

Nilai /

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

3,18% 615.994.838.512

0,02% 4.423.950.065

Persentase diatas merupakan perbandingan dengan total liabilitas / The above percentages are in line with the total liabilities.

31 Des. / Dec. 2015

% Nilai / % Nilai / % Nilai /

Amount Amount Amount

33,29% 2.154.414.890.189 32,04% 1.673.138.663.858,00 35,16% 4.999.470.788.374

4.062.252.258.779

Persentase diatas merupakan perbandingan dengan total pendapatan usaha / The above percentages are in line with the total operating income.

34,85%3.609.620.384.004

5,5% 674.830.453.584

0,9% 106.094.484.768

31 Des. / Dec. 2013

% Nilai /

Amount

7,7% 804.877.213.048

0,3% 34.634.788.922

3,4% 420.111.025.477

31 Des. / Dec. 2014

0,15% 29.162.153.029

0,31% 60.930.085.981

0,06% 12.536.916.454

0,00% -

0,40% 81.912.856.246

0,34% 71.308.926.311

0,32% 66.558.443.851

0,00% 9.995.340

187








USD



EURO


SGD




Rupiah






USD



Jumlah / Total

Rupiah

PT Bank BTN




Jumlah / Total



48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

5,19% 1.074.604.359.229 3,73% 723.047.944.041

1,91% 394.228.723.500 1,94% 376.458.314.978


0,99% 192.200.000.000

0,08% 15.200.000.000

0,09% 17.000.000.000

0,00% -

1,16% 224.400.000.000

0,70%

0,07%

0,07%

0,02%

0,86%

0,20% 38.092.193.542

0,10% 18.868.369.520

0,46% 89.602.684.773

0,44% 84.918.134.238

0,03% 5.841.818.182

0,06% 11.453.569.439

0,04% 8.554.340.103

0,20% 38.464.212.576

0,04% 7.198.445.871

0,03% 5.610.454.818

0,00% -

0,00% -

0,12% 22.679.401.875

0,02% 2.996.816.907

0,01% 1.523.774.191

0,01% 1.091.254.926

0,10% 20.026.895.419

0,10% 19.535.948.598

0,91% 175.492.858.123

0,00% 179.598.760

0,73% 141.660.510.231

0,05% 9.592.799.666

5,42% 1.049.973.710.821

47.566.658.210

6,19% 1.281.662.471.397

0,75% 154.454.465.406

0,02% 5.006.610.947

0,00% 30.377.605

0,23%

1,66% 321.258.828.335

1,19% 231.500.000.000

0,70% 135.000.000.000

3,64% 706.000.000.000

1,10% 214.050.000.000

0,00% -

8,30% 1.607.808.828.335

13,72% 2.657.782.539.156

1,07%

1,01%

0,97%

0,32%

0,00%

0,00%

3,37%

9,56%

0,01% 1.523.774.191

0,01% 1.091.254.926

0,00% -

0,00% -

0,02% 4.962.490.126

0,02% 3.930.695.401

0,02% 3.516.481.275

0,01%

221.258.828.335

210.000.000.000

200.000.000.000

66.000.000.000

-

-

697.258.828.335

1.978.921.299.732

145.250.000.000

15.200.000.000

15.000.000.000

3.500.000.000

178.950.000.000

0,40% 82.413.226.149

0,37% 76.115.426.904

0,35% 73.052.314.843

0,22% 45.601.041.217

0,19% 38.302.277.954

0,10% 20.802.007.037

0,08% 16.771.171.794

0,05% 11.064.808.159

0,03% 6.474.481.799

0,03% 5.610.454.818

PT KAI (Persero)


PT PLN (Persero)


PT Jasamarga Kualanamu Tol


PT Semen Padang

PT Angkasa Pura II (Persero)



PT Angkasa Pura I (Persero)


PT Trans Marga Jateng

PT Dahana (Persero)

PT Taspen (Persero)


PT Sepoetih Daya Prima


2.996.816.907

188









Rupiah


48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

1,91% 394.228.723.500 1,94% 376.458.314.978








Jumlah / Total


Piutang KSO

1,40%

0,04% 9.148.324.185

0,04% 7.732.627.937

2,24% 464.332.445.521 2,05% 397.039.591.738

0,04% 8.466.716.210

0,03% 4.981.235.911

0,02% 3.127.956.043

0,01% 1.772.802.000

0,00% 290.266.413

2,04% 395.097.291.555

0,08% 16.245.180.852

0,08% 15.159.931.996

0,08% 14.771.209.830

0,00% -

0,00%

0,00% -

0,00% -

0,00% -

0,00% -

0,00% 988.071.780

6.060.534.313

4.066.404.032

3.949.260.499

3.131.320.474

3.040.316.505

3.010.487.987

2.673.259.390

2.354.235.460

2.027.633.172

2.007.934.626

1.511.685.637

16.343.731.539

0,07%

0,00%

0,01% 1.522.606.010

0,54% 104.644.757.481

2,58% 499.742.049.036

0,03% 5.163.725.537

0,06% 10.785.130.124

0,05% 8.915.578.886

0,04% 7.926.488.834

0,02% 4.008.507.622

0,02% 3.949.260.499

0,00% -

0,02% 3.040.316.505

0,02% 3.591.284.464

0,00% -

0,00% -

0,01% 2.027.633.172

0,01% 2.007.934.626

0,01% 1.511.685.637

0,01% 2.094.788.729

0,01% 1.923.494.158

-

-

1.824.440.949

126.788.637.419

2,52% 522.005.432.699

0,01%

0,61%

0,05%

0,05%

0,04%

0,03%

0,02%

0,02%

0,02%

0,01%

0,01%

0,01%

PT Bukit Asam (Persero)


PT Indonesia Power

PT Krakatau Bandar Samudera

Lain-lain di bawah Rp 1 Milyar / Other of less than 1 Billions

KSO Irigasi Jabung

KSO Jembatan Siak Thp.IV

KSO Jatigede DAM

KSO Jembatan Holtekamp

KSO Kali Lamong

KSO The Company Epicentrum

KSO Kali Madiun Thp 2

KSO Pumping Station

KSO Tol Antasari Depok

KSO Irigasi Sungai Ular

1,91% 395.216.795.280

0,08%

0,17%

0,12%

289.954.607.252

35.081.949.332

25.688.808.614

0,12% 25.336.603.618

0,08% 17.382.273.910

0,08% 16.318.473.912

0,08% 16.129.924.316

0,06% 12.385.409.528

0,04% 9.173.442.917

15.159.931.996

0,07% 14.771.209.830

0,07% 14.090.145.229

0,01%

0,01%

0,01%

0,01%

11.065.396.771

10.785.130.124

8.915.578.886

KSO BIJB Pkt 2 Kertajati

KSO Fly Over Medan Jamin Ginting

KSO Jalan Soker

KSO Cable Stayed Kendari

KSO Rekonstruksi Sabodam Merapi

KSO Bandara Sepinggan

KSO DAS Solo Hulu

KSO Irigasi Batanghari ICB

KSO Jl Tol Solo Kertosono Seksi 4

KSO Louwi Goong


PT Semen Padang





1,52% 293.935.344.115

0,10% 19.999.649.822

0,13% 25.601.601.409

0,13% 25.336.603.618

0,03% 5.213.759.684

0,06% 12.542.937.156

0,00% -

0,02% 4.491.914.473

0,03% 5.525.637.144

0,00% -

0,02% 4.392.144.317

189








Jumlah / Total

Rupiah








PT Hotel Indonesia Natour (Persero)




Perum Peruri

Bank Indonesia

WASKITA-PP-HK

PT ASDP Indonesia Ferry (Persero)

PT Wijaya Karya Bangunan Gedung

PT Indonesia Power

PT KAI (Persero)


10,31% 2.134.432.092.738 10,94% 2.119.985.936.142

-

0,00% -

0,00% -

0,00% -

0,23% 44.321.032.607

0,09% 17.808.297.783



0,01% 1.887.012.275

2,36% 487.488.794.580


0,04% 7.420.204.545

0,02%

0,04% 7.420.204.545

0,03% 5.604.788.676

0,01% 3.038.046.299

0,01% 2.668.297.264

0,01% 1.500.000.000

0,01% 1.038.000.000







PT PLN (Persero)




397.039.591.738

48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

2,24% 464.332.445.521 2,05%

0,04% 7.689.342.401

0,03% 6.479.500.000

0,02% 5.119.115.121

0,02% 4.167.323.155

0,02% 4.000.000.000

0,01% 3.000.450.255

0,01% 2.650.895.519

0,00% -

0,00% -

-

0,00% -

0,25% 47.954.269.569

0,09% 16.818.454.092

0,06% 11.508.286.039

0,16% 30.088.247.772

0,00%

0,02% 3.952.898.000

0,03% 6.479.500.000

0,00% -

0,00%

0,09% 18.298.354.823

0,08% 16.053.886.188

0,06% 11.615.195.989

0,06% 11.508.286.039

0,05% 10.414.408.305

0,05% 9.997.640.982

35.875.643.998

1,29% 249.940.135.448

0,00% -

0,16% 31.445.036.649

0,02% 3.845.473.583

0,02% 3.357.000.000

0,01% 2.272.863.875

0,00% 816.575.345

2,36% 457.203.759.331

0,00% -

0,00% -

0,00% -

0,00% -

Tagihan Bruto Kepada Pemberi Kerja / Unbilled Receivable


PT Hutama Karya (persero)

PT PLN (Persero)




PT Semen Padang


3.629.068.759

0,01% 2.797.136.364

0,01% 1.301.530.398

0,01% 1.500.000.000

0,01% 1.779.278.075

0,23% 43.848.248.173

0,78% 151.509.286.200

0,09% 18.204.850.548

2,58% 533.723.897.320

1,26% 261.720.105.873

1,17% 242.323.623.649

1,16% 240.374.758.108

0,88% 182.521.430.268

0,74% 153.573.477.312

0,59% 122.509.834.026

0,43% 88.185.942.245

0,32% 66.039.712.048

0,26% 54.249.239.640

0,13% 27.790.457.840

0,13% 26.461.761.870

0,12% 23.963.453.762

1,57% 304.753.883.142

1,23% 237.621.705.201

1,42% 275.751.836.308

0,34% 65.828.000.000

1,45% 280.063.985.357

0,73% 141.376.335.211

0,70% 136.281.040.694

0,19%

190








Jumlah / Total

Piutang Lain-Lain / Other Receivables


Yayasan Dana Pensiun Pegawai PT PP (YDP4)

PT PP Taisei


Koperasi Karyawan




Jumlah / Total

ASET / ASSETS

Kas & Setara Kas / Cash & Cash Equivalents

Bank

Rupiah






PT Bank BRI Syariah

USD



EURO




Rupiah






USD



Jumlah / Total


48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount

10,31% 2.134.432.092.738 10,94% 2.119.985.936.142

0,01% 1.592.677.563

0,00% -

10,95% 2.121.578.613.705

0,00% -

0,00% 35.826.000

0,09% 11.225.646.078

1,35% 168.955.823.719

0,17% 21.573.072.324

0,00% 5.811.470

0,01% 2.513.768.495

0,01% 1.084.595.904

0,02%

0,00% -

10,31% 2.134.432.092.738

0,00% -

0,00% 5.811.470

0,00% 351.094.522

0,01% 1.295.918.606

0,01% 1.652.824.598

0,38% 787.024.728

3.640.001.869

0,38% 787.024.728

2,07% 258.985.825.086

0,65% 81.450.340.379

1,93% 241.640.692.248

0,41% 787.024.728

0,41% 787.024.728

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai / % Nilai /

Amount Amount

2,93% 431.578.742.952

0,13% 18.555.486.611

0,55% 80.739.860.435

0,43% 63.150.217.167

0,32% 47.557.724.845

0,00% -

0,00%

0,72% 106.115.714.716

0,00% 388.806.353

0,00%

0,00% 32.338.546

6,27% 783.863.738.380

1,78% 222.000.000.000

3,20% 399.712.520.676

1,80% 225.000.000.000

0,03% 3.500.000.000

1,00% 125.000.000.000

2,56% 319.849.000.000

16,63% 2.078.925.259.056

0,00% -

8,75% 1.290.757.328.335

13,82% 2.038.865.964.782

10,36% 1.295.061.520.676

0,00% 22.083.368

5,07% 748.108.636.447

2,41% 355.258.828.335

1,63% 240.000.000.000

0,78% 115.000.000.000

2,48% 365.998.500.000

1,45% 214.500.000.000


191







Rupiah

PT Bank BTN




Jumlah / Total



% Nilai /

Amount Amount

0,77% 113.308.301.020 0,99% 123.763.189.053

80.666.697.745

0,00% -

0,38% 56.000.000.000

0,11% 15.700.000.000

0,59% 87.000.000.000

0,00% -

1,08% 158.700.000.000

0,73% 108.194.145.857

0,39% 58.216.733.624

0,28% 41.018.717.798

0,13% 19.535.948.598

0,11% 15.961.921.651

0,10% 14.652.147.799

0,01% 1.762.290.213

0,01% 1.523.774.191

0,01% 1.352.000.000

0,01% 1.300.000.000

0,01% 1.127.483.918

0,06% 8.760.489.283 0,07% 8.760.489.283

0,05% 6.687.285.586 1,19% 148.592.066.893

0,02% 2.996.816.907 0,07% 8.188.256.656

0,01% 1.772.802.000 0,00% -

0,13% 15.793.815.086

0,17% 21.326.489.676

0,00% -

0,16% 19.535.948.598

0,05% 6.227.332.977

0,65%

0,02% 2.604.436.652 0,00% -

0,01% 2.007.934.626 0,02% 2.007.934.626

0,01% 1.865.850.602 0,01% 1.551.151.123

0,01% 1.511.685.637 0,01% 1.511.685.637

10.785.130.124 0,09% 10.785.130.124

0,07% 10.124.297.232 0,06% 7.028.636.605

0,04% 5.592.398.301 0,03% 4.038.188.901

0,03% 5.066.736.214 0,03% 3.474.716.992

0,03% 4.402.127.980 0,05% 6.127.216.185

0,03% 3.949.260.499 0,03% 3.949.260.499

0,02% 2.657.586.403 0,15% 19.271.301.882

1,94% 286.159.075.580

0,11% 16.765.261.985 0,16% 19.410.283.612

0,11% 15.544.452.939 0,11% 13.423.208.412

0,10% 15.271.209.830 0,12% 15.375.648.494

0,10% 15.159.931.996 0,13% 15.808.825.961

0,09% 11.803.889.026

0,02% 2.484.681.319

0,01% 1.501.396.782

2,69% 336.584.282.145

0,00% -

0,00% -

0,01% 1.296.518.155

0,07%

0,02% 2.126.671.008

0,02% 2.926.235.658

0,00% -

0,00% -

0,05% 6.650.311.438

1,10% 137.826.048.297

0,58% 72.000.000.000

0,41% 50.626.048.297

0,12% 15.200.000.000


48.

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai /


PT PLN (Persero)

PT KAI (Persero)

PT Indonesia Power






PT Dahana (Persero)



PT Taspen (Persero)

PT Semen Padang





KSO Bandara Sepinggan

KSO Irigasi Jabung

KSO Jatigede DAM

KSO Jembatan Siak Thp.IV

KSO The Company Epicentrum

KSO Pumping Station

KSO Kali Madiun Thp 2

KSO Jalan Soker

KSO Fly Over Medan Jamin Ginting

KSO Irigasi Sungai Ular

KSO Kali Lamong

KSO Tol Antasari Depok

KSO DAS Solo Hulu

KSO Louwi Goong

KSO Irigasi Batanghari ICB


Piutang KSO

192









Rupiah

Rupiah


48.

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai / % Nilai /

Amount Amount

0,77% 113.308.301.020 0,99% 123.763.189.053

6,56% 967.225.911.050 16,32% 2.039.789.147.702

13.037.922.402

0,00% - 0,03% 4.136.591.391

0,00% - 0,04% 4.512.073.524

0,00% - 0,04% 5.623.316.740

0,01% 1.906.921.234 0,01% 1.765.431.163


1,80% 265.651.176.816 5,51% 688.401.626.072

1,27% 187.105.385.016 0,88% 110.419.620.117

0,34% 50.051.761.909 0,00% -

1,24% 183.390.499.111 4,58% 572.687.260.197

0,74% 108.950.425.718 3,57% 445.986.198.000

0,00% - 0,01% 1.844.561.251

0,00% - 0,01% 980.000.000

1,89% 278.473.048.342 1,25% 155.726.895.553

Tagihan Bruto Kepada Pemberi Kerja / Unbilled Receivable

0,02% 3.357.000.000

0,02% 2.411.057.623

1,20% 177.325.947.082 0,48% 59.391.742.166

0,16% 23.543.720.268 0,16% 19.561.236.655

0,12% 18.096.167.730 0,00% -

0,12% 17.622.902.137 0,16% 19.405.564.369

0,06% 8.769.169.756 0,08% 10.190.343.151

0,05% 7.405.386.364

0,04% 5.471.925.000

0,03% 5.078.456.777

0,00% - 0,05% 5.893.599.477

0,00% - 0,02% 3.082.427.345

0,00% - 0,02% 2.845.250.215

0,01% 1.338.424.432 0,00% 457.986.386

0,79% 115.970.915.509 1,10% 137.366.642.533

2,73% 402.129.991.089 3,79% 473.950.924.678

0,00% -

0,03% 3.357.000.000

0,00% -

3.638.920.788


Jumlah / Total

0,01% 1.324.190.057 0,01% 1.324.190.057

0,29% 42.893.922.872 0,43% 54.314.313.635

0,22% 32.822.951.963 0,00% -

0,16% 24.196.492.525 0,73% 91.052.094.449

0,16% 23.504.540.309 0,04% 5.029.813.000

0,14% 20.051.500.000 0,18% 21.945.433.554

0,12% 17.069.332.408 0,30% 36.914.866.276

0,08% 11.537.922.403 0,10%

0,03%

0,02%

0,14% 17.764.477.273

0,00% -

0,03% 3.349.084.287

0,03% 3.845.473.583 3.845.473.583


KSO BMG Tower 2010

KSO Rehab Sungai Citarum Paket 2

KSO BPK Tower

KSO DAM Jatigede


PT KAI (Persero)

PT Semen Padang

Perum Peruri









Perum Peruri

PT Industri Kapal Indonesia (Persero)












PT PLN (Persero)




Jumlah / Total

193









Piutang Lain-Lain / Other Receivables


Yayasan Dana Pensiun Pegawai PT PP (YDP4)

PT Prima Jasa Aldodua

PT PP Taisei


Koperasi Karyawan



Jumlah / Total








Jumlah / Total



SMI

PT Danareksa Capital

Jumlah / Total

48.

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai / % Nilai /

Amount Amount

2,87% 401.594.722.960

0,00% -

0,00% -

2,87% 401.594.722.960

6,66% 1.001.528.978.624

1,34% 201.888.555.994

1,33% 200.268.993.335

1,08% 162.488.493.661

0,07% 10.000.000.000

10,49% 1.576.175.021.614

5,40% 811.695.286.919

0,67% 100.000.000.000

0,00% -

6,07% 911.695.286.919

4,62% 646.989.651.500

1,46% 205.034.737.872

1,46% 205.000.000.000

0,29% 40.250.690.534

Jumlah / Total 6,86% 1.011.575.520.283 17,84% 2.228.961.493.063

0,00% - 0,19% 23.455.218.585

0,00% - 0,16% 20.572.136.451

0,00% - 0,02% 1.921.128.978

0,00% - 0,01% 1.229.944.668

0,00% 374.072.492 0,01% 764.290.981


Nilai /

Amount Amount

0,01% 1.029.309.047 0,01% 1.589.941.448

Nilai /

4.387.231

0,01% 654.549.918

0,02% 2.549.338.179

0,01% 787.024.728

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% %

0,01% 787.024.728

0,03% 3.622.056.903

0,00% - 0,13% 16.579.286.832

0,00% - 0,01% 1.273.967.880

0,08% 11.266.406.136 0,09% 11.266.406.136

0,08% 11.172.324.700 0,21% 26.763.854.567

0,07% 9.765.084.138 0,43% 54.347.169.265

0,05% 7.795.800.301 0,17% 21.822.137.922

0,03% 3.975.921.466 0,07% 9.176.803.096

6,56% 967.225.911.050 16,32% 2.039.789.147.702

0,36% 50.000.000.000

8,19% 1.147.275.079.906

0,00% 16.322.595

0,00% 569.830.983

0,00% 35.826.000

0,00% -

0,00% 5.811.470

0,00% 691.366.934

0,00%

0,01% 1.762.313.451 0,02% 2.835.032.175









PT Industri Kapal Indonesia (Persero)

PT Krakatau Engineering

PT Taspen (Persero)

194








PT Khi Pipe Industries

PT Krakatau Wajatama

PT Varia Usaha Beton

PT SGG Prima Beton

PT Krakatau Steel

PT Wijaya Karya Beton

PT Wijaya Karya Rekayasa Kontruksi

Jumlah / Total




Bank Indonesia

PT Hutama Karya (Persero)


PT Inpola Meka Energy

PT Indonesia Power

PT Semen Padang





PT PLN (Persero)

Jumlah / Total

Uang Jangka Panjang / Long Term Liabilities




Jumlah / Total


48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount Amount


3,84% 577.727.282.860

2,10% 294.610.000.000

1,28% 178.852.571.778

0,07%

0,16%

33.603.628.568 10.111.725.684

8.695.481.834 21.838.704.612

3,61% 505.413.002.074

0,02% 3.743.794.129

0,02% 2.894.972.729

0,01% 2.231.243.010

0,00% -

0,00% -

0,00% 456.395.664

2,91% 437.865.683.562

0,58% 80.789.171.055

0,00% -

0,00% -

0,21% 29.522.105.560

0,07% 10.067.363.636

0,06% 8.362.458.450

0,22% 31.052.754.514

0,00% -

0,10% 14.474.863.638

0,10% 14.280.480.546

0,15% 20.957.881.818

0,04% 5.046.997.681

0,00% -

1,85% 259.390.440.534

0,43% 65.002.180.947

0,38% 56.574.454.545

0,23% 35.115.072.000

0,14% 21.315.625.815

0,08% 12.580.495.828

0,05% 6.968.327.909

0,04% 6.715.725.708

0,00% -

0,21% 30.910.198.995

1,07% 161.123.575.558 171,03% 239.615.393.857

Sub Jumlah / Sub Total 0,87% 130.213.376.563 107,64% 150.795.063.637


KSO Cable Stayed Kendari

KSO Jembatan Holtekamp

Sub Jumlah / Sub Total 0,00% - 54,40% 76.207.747.258

0,00% - 40,31% 56.472.239.148

0,00% - 14,09% 19.735.508.110

0,00% -

0,32% 44.836.363.636

0,95% 142.909.000.000

0,54% 81.358.395.278

9,00% 12.612.582.962 Utang Usaha Yang Belum Difaktur/

Unbiled

40,63% 56.925.007.289

26,87% 37.650.519.344

8,17% 11.443.378.913

21,97% 30.781.774.512

0,00% -

6,92% 9.691.845.817

0,22% 33.469.414.755

0,21% 32.167.416.972

0,17% 26.019.844.479

0,11%

7.732.814.318

0,10% 14.928.584.312

0,00% - 2,67% 3.742.707.502

0,40% 559.830.260

15.895.301.727

0,05%

2,07% 310.530.250.000

1,50% 224.897.922.458

0,22%

0,06%

Uang Muka Pemberi Pekerjaan dan Konsumen / Advances From Projects Owners and Consumers

195














Jumlah / Total


PT Danareksa Capital

Jumlah / Total


PT Khi Pipe Industries

PT Krakatau Wajatama

PT Varia Usaha Beton

PT SGG Prima Beton

PT Wijaya Karya Beton

PT Wijaya Karya Rekayasa Kontruksi

PT Wijaya Karya Insan Pertiwi

PT Dahana ( Persero )

PT Barata Indonesia


Utang Usaha Yang Belum Difaktur/ Unbiled

Jumlah / Total


Perum Peruri

PT PLN (Persero)


PT Indonesia Power







Jumlah / Total

Uang Jangka Panjang / Long Term Liabilities


48.


0,00% - 0,02% 2.254.719.600

0,00% 14.818.181 0,00% 119.560.057

0,28% 34.634.788.922 3,20% 334.168.414.875

1,23% 150.000.000.000 0,29% 30.000.000.000

0,00% - 0,71% 74.579.486.906

0,00% - 0,02% 2.233.260.157

0,00% - 1,59% 165.694.775.846

0,00% - 0,19% 19.622.500.000

0,01% 1.117.268.000 0,03% 2.818.048.530

0,69% 106.094.484.768 0,78% 81.224.585.462

6,55% 801.804.504.414 7,70% 804.877.213.048

4,29% 524.830.453.584 1,03% 107.824.269.885

5,51% 674.830.453.584 1,03% 107.824.269.885

1,23% 150.000.000.000 0,00% -

0,00% - 0,08% 8.686.000.000

0,26% 31.849.057.818 0,00% -

0,01% 1.712.250.000 0,21% 22.420.000.000

0,01% 1.058.662.923 0,31% 32.301.800.000

0,00% - 0,06% 6.256.312.309

Sub Jumlah / Sub Total 0,68% 104.977.216.768 0,75% 78.406.536.932

0,15% 18.960.202.878 0,04% 3.861.977.195

0,02% 2.396.126.172 0,08% 8.854.884.897

0,09% 10.999.524.463 0,21% 22.297.402.924

0,02% 2.216.329.344 0,00% -

0,48% 58.216.801.117 0,40% 41.742.331.916

0,07% 8.580.276.574 0,00% -

0,02% 2.343.265.853 0,00% -

0,01% 1.213.332.014 0,00% -

0,00% - 0,02% 1.649.940.000

0,00% 51.358.353 0,00% -

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai / % Nilai /

Amount Amount

5,05% 618.407.945.355 5,97% 624.377.071.477

0,51% 62.550.182.468 0,00% 141.571

0,41% 50.048.673.214 0,24% 25.000.000.000

Uang Muka Pemberi Pekerjaan dan Konsumen / Advances From Projects Owners and Consumers

0,17% 20.797.703.377 1,10% 115.000.000.000

0,41% 50.000.000.000 0,39% 40.500.000.000

196










Jumlah / Total

Pendapatan / Revenue

Jumlah / Total


Dipindahkan / Carried Forward 22,26% 2.766.360.399.012 17,24% 2.008.988.024.751

0,00%

0,00%

0,70%

1,14%

0,03%

0,30%

0,00%

1,20%

0,06%

0,00%

3,43% 420.111.025.477 1,10% 114.704.178.590

4.999.470.788.374

2.219.251.594.973

60.926.000.000

93.326.994.977

141.376.335.211

365.590.125.762

317.567.313.047

330.710.788.836

658.865.051.477

65.116.063.000

54.609.578.551

120.328.587.749

-

84.815.968.505

142.620.000

8.593.857.476

-

-

-

99.065.243.385

162.311.648.670

3.952.898.000

42.573.943.755

-

170.346.175.000

35,16%

15,61%

0,43%

0,99%

0,66%

4,63%

2,33%

2,23%

2,57%

0,46%

0,00%

0,60%

0,00%

0,85%

0,38%

48.

30 Jun. / Jun. 2016 31 Des. / Dec. 2015

% Nilai / % Nilai /

Amount

0,91% 111.937.320.771 0,00% -

0,73% 89.618.672.730 0,24% 25.000.000.000

0,56% 68.555.031.976 0,57% 59.704.178.590

Amount

173.135.107.790

PT Pelindo II (Persero) 13,90% 1.726.801.631.945 10,34% 1.205.163.277.700

PT PLN (Persero) 5,16% 641.427.431.076 6,90% 803.824.747.051

61.924.197.367

0,95%

28.949.727.273

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% %

Amount Amount

39.082.070.570

0,08%





TbkPT Petrokimia Gresik


9.997.640.982

21.107.627.728

2.154.414.890.189

99.065.243.385

-

26.080.992.000 0,21%

289.134.477.034

22,35%

Nilai /

54.224.145.188

-

24.615.594.901

19.840.558.895 0,40%


than 1 Billions

PT ASDP Indonesia Ferry (Persero)

0,00%

Nilai /

1.673.138.663.858

Nilai /

46.594.825.240

1,06% 68.876.116.804 0,92% 48.279.095.652

6.086.601.000

0,00%0,60%

0,00%

4,47%

0,31%

-

13.564.130.655

2.203.745.203 0,03% 1.486.707.778

0,84%

32,04%

1,90%

0,06% 4.000.000.000

0,00%

-

0,84% 54.249.239.640

0,18%

-

56.668.889.347 0,55%

5.119.115.121

0,01% 357.197.999 0,00% 120.710.000

%

3,02%

1.167.067.208.410 11,65%

AmountAmount Amount

PT Hutama Karya (Persero)


1,92% 124.441.688.432 0,80% 41.856.662.470

2,74% 177.150.564.535 0,00% -

2,68%

PT Pekanbaru Permai

PropertindoPT Inpola Meka Energi


PT Indonesia Power

PT Bank BNI (persero) Tbk

Bank Indonesia

0,00%

0,38%

0,35% 18.306.193.629

754.199.695.252

30 Jun. / Jun. 2015 31 Des. / Dec. 2015

-

0,15%

0,50%

-

0,00%

PT Indonesia Power 3,20% 398.131.335.991 0,00% -

68.433.901.557

30 Jun. / Jun. 2016

1,06%

0,98%

0,89%

63.223.975.122

61.606.414.265 0,20% 10.585.475.403

-

16.421.324.401 0,25%

% %

157.551.593.890

0,96%

0,00%

0,88%

11.945.099.129

0,00%

0,12%

-

33,29%

0,03%PT Angkasa Pura Hotel

PT Jasamarga Kualanamu

TolPT Prima Multi Terminal

PT Angkasa Pura II

(Persero)PT Semen Padang

PT PLN (Persero)


Nilai /


0,00%

Nilai /

197









Jumlah / Total

Komisaris / Commissioner

Direksi / Directors

Jumlah / Total

48.

31 Des. / Dec. 2014 31 Des. / Dec. 2013

% Nilai / % Nilai /

Amount Amount

1.056.446.604

37.019.378.525

32.665.383.433 0,26%

PT Pelindo III (Persero) -

PT Semen Padang

The entire transactions with related parties are disclosed in the financial statements.

PT Pelindo IV (Persero) 8.268.622.682 105.184.602.318


than 1 Billions

162.041.779.670

0,40% 50.051.761.909 0,57% 66.413.528.161

0,04%

35.735.507.474 1,39%

0,41%

145.456.277.297

PT Krakatau Bandar


PT Semen Indonesia 0,00% - 0,17% 19.725.000.000

0,00% - 0,01% 616.942.991

29,05% 3.609.620.384.004 34,85% 4.062.252.258.779

5.537.497.953

13.326.217.953

2.950.200.000

7.457.600.000

6.940.898.848

17.348.698.848

3.435.300.000

7.634.000.000

8.218.049.845

19.287.349.845

1.628.640.000

3.828.000.000

4.368.916.925

9.825.556.925

Karyawan kunci / Key

employees


0,38% 44.165.228.499

0,07%

PT Trans Marga Jateng 2.277.970.429 63.133.777.482

50.726.511.319

0,02%

10.246.792.237

9.991.760.551

2.296.320.000

5.492.400.000


PT Angkasa Pura I (Persero) 26.045.615.646 0,79%


PT Industri Kapal Indonesia 0,11% 14.015.323.256 69.144.649.992

- PT Pekanbaru Permai

0,41%

PT Bank BNI (persero) Tbk


PT Angkasa Pura II



PT Bukit Asam

PT KAI (Persero)

14.471.492.366 4,22% 492.218.000.000

0,09%

Seluruh transaksi kepada pihak berelasi telah diungkapkan pada laporan

keuangan.

61.507.854.567

1,27% 148.586.311.304

0,29%

1,25%

1,17%

39.428.187.961

50.514.117.701 0,09%

2,30%0,32%

22,26% 2.766.360.399.012 17,24% 2.008.988.024.751

0,27%

0,21%

The remunerations of Commissioners, Directors and key employees for the years

ended 31 December 2015, 2014 and 2013:

Biaya remunerasi Komisaris, Direksi dan Karyawan kunci untuk tahun

yang berakhir 31 Desember 2015, 2014 dan 2013 adalah sebagai

berikut:

5.029.813.000

Personil manajemen kunci Perseroan adalah Komisaris, Direksi dan

Kepala Divisi.

Key management personnel of the company are Boards of Commissioners,

Directors and Division Head.

Kementerian Keuangan RI 1,52%

0,12%

27.845.433.554

89.700.975.777

0,48% 60.095.679.236 0,00%

0,51%

0,30%

101.644.566.446

62.819.616.873

188.402.956.818 0,32% 36.891.225.000

33.375.032.194

0,59%

0,90%

0,54%

135.921.553.396

0,24%

0,77%

0,01%

0,00%

91.927.143.582

0,53%

0,28% 34.645.814.120

Perum Peruri

PT Bank Mandiri (Persero)

0,82%

267.515.584.650

June 2016

198






49.

Foreign Currencies

Aset Assets

Kas dan Setara Kas Cash and Cash Equivalents

Piutang Usaha Trade Receivables

Piutang Retensi Retention Receivables

Tagihan Bruto Gross Rec. from Project Owners

Liabilities

Utang Usaha Trade Payables

Foreign Currencies

Aset Assets





Liabilities


Foreign Currencies

Aset Assets





Liabilities


Balance of monetary assets and liabilities denominated in foreign currencies:

USD

Mata Uang Asing / Ekuivalen /

15.070.502

USD 1.904.806 25.105.347.484

30 Juni / Juni 2016

Mata Uang Asing / Ekuivalen / Rupiah /

Equivalent Rupiah

USD 14.401.124 189.806.809.707

46.541.360.219

182.312.434.015

USD

892.625.298.140

5.669.511

USD

36.617.755.850

7.332.140

Ekuivalen /

791.790.851.742

1.459

Equivalent

Mata Uang Asing /

EURO 12.097.967

MONETARY ASSETS AND LIABILITIES IN FOREIGN CURRENCIES

5.230.682

USD

USD 1.285.044 16.936.884.836

USD 2.340.397 30.846.428.691

Rupiah

ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING

9.592.799.666

JPY 49.195 6.312.223

SGD 4.868.363 47.566.658.210

EURO 2.073

USD

USD

207.897.577.987

8.175.355.839

3.373.785


EURO

USD

USD

22.083.368


49.

Rupiah

USD 9.413.381 124.068.360.390

2.943.550

506.061.075.122

Rupiah /

49.505

592.632

USD

30.377.605

Saldo Aset dan liabilitas moneter dalam mata uang asing adalah sebagai

berikut:

10.242.764

12.674.768

36.684.384

50.174

Rupiah /

JPY

157.674.116.943

Equivalent

71.754.445

USD

SGD 983.757

JPY

63.648.782

127.419.980.397

101.146.870.759

199






49.

Foreign Currencies

Aset Assets





Liabilities


50.

a. Segmen Primer a. Primary Segment

Aset

Aset Segmen / Segment Assets:


30 Juni / June 2016

Keterangan / Konstruksi / EPC / Properti & Realti / Pracetak / Peralatan / Eliminasi / Jumlah /

Description Contruction EPC Property & Real

Estate

Precast Equipment Elimination Total

713.748.068.052 (2.289.157.209.771) 12.766.978.788.052

- PT PP Properti Tbk

- PT PP Peralatan

6.269.524.116.866

471.589.355.188

15.032.093.261.112 (1.477.134.771.395)

- Perusahaan Induk /

Parent Company

13.122.287.422.282 1.220.100.507.489

INFORMASI SEGMEN

USD

758.007.344.822

600.405.191.366 3.730.177.644.698 173.912.610.866 383.518.018.321


Mata Uang Asing /

13.348.503.636 389.420.234.841

Jumlah Aset

Segmen / Total

Segmen Assets

13.880.294.767.104 1.220.100.507.489 7.037.321.063.785 389.420.234.841 528.541.536.658

Utang Segmen / Segment Liabilities :


Parent Company

10.869.455.096.922 600.405.191.366 6.859.398.517

ASET DAN LIABILITAS MONETER DALAM MATA UANG ASING

(lanjutan)

48.

40.525.198

580.863.694.539

- PT PP Properti Tbk 3.695.536.272.437

- PT PP Pracetak

5.904.744

Segmen primer Perusahaan dikelompokkan berdasarkan jenis

usaha/produk yang dihasilkan. Informasi segmen berdasarkan jenis

usaha/produk adalah sebagai berikut:

The Company primary segments are classified on the basis of type of

business/product, as follows:

4.014.116

751.759.470.334

50.

351.984.807.595

- PT PP Pracetak

MONETARY ASSETS AND LIABILITIES IN FOREIGN CURRENCIES (continued)

(223.365.706.158) 937.410.377.141

(2.610.175.472.630) 20.445.502.637.247

(261.758.372.163) 11.214.961.314.642

(1.174.776.272.145) 2.520.760.000.292

USD 48.928.050.332

USD

167.923.252.228 13.776.622

47.654.746

59.047

EURO

6.310.224.492.097 (40.700.375.231)

11.621.214.567.256

- PT PP Peralatan

27.781.973.744 173.912.610.866 (9.066.916.361) 944.387.138.583

Jumlah Utang

Segmen / Total

Segmen Liabilities

(31.533.210.726)

528.541.536.658 (56.952.181.470)

1.023.993.671.366

Equivalent Rupiah

383.518.018.321

SEGMENT INFORMATION

Ekuivalen /

Based on reviewed of reports, Board of Director has determined business operations

from both the premier segment and secondary segment. The premier segment is the

business type and the secondary segment is geographical perpective:

Berdasarkan penelaahan laporan-laporan, Dewan Direksi menetapkan

operasi bisnis dari perspektif segmen primer yaitu jenis usaha dan

segmen sekunder yaitu geografis:

2.492 32.338.546

USD

Rupiah /

JPY

USD 84.009.654

493.961.638.422

200






50.

Ekuitas / Equity

Kepentingan Non Pengendali / Non Controlling Interest

Jumlah Liabilitas dan Ekuitas / Total Liabilities and Equity

Pendapatan Usaha / Operating Income:

Beban Pokok Penjualan / Cost of Goods Sold:

(108.496.624.255) 33.714.386.447

271.760.661.827 (4.601.768.065.549)

- PT PP Peralatan

200.083.694.642

- PT PP Properti Tbk 973.767.707.198

Contruction Precast Equipment Elimination Total


Parent Company

4.358.933.529.213 (173.551.630.441) 5.264.630.558.438

4.650.069.362.998

Description

EPC / Properti & Realti /

EPC

Pendapatan (Beban)

Lain-lain / Others

Income (Expenses) (14.665.520.405) (11.713.945.680)

(104.777.349.955)

180.642.814.557 6.472.196.346.725


Parent Company

- PT PP Pracetak (219.885.972.775)

(3.953.865.122.326)

(164.266.675.096) (104.777.349.955) 531.371.420.881 (5.565.689.494.081)

Hasil Segmen /

Segment Revenue 430.072.986.713 16.376.139.461 37.433.660.747 - 906.506.852.644

Beban Usaha /

Operating Expenses (178.512.828.273) (6.188.707.379) (223.649.781.372)

Laba Usaha /

Operating Income 251.560.158.440

(910.868.684.911)

(910.868.684.911)

157.337.596.439

157.337.596.439 682.857.071.272

Jumlah Beb.Pokok

Penjualan / Total

Cost of Goods

Sold

1.068.206.281.350 11.042.378.316

23.873.493.669

973.767.707.198

1.068.206.281.350 1.008.683.579.183

Jumlah

Pendapatan Usaha

/ Total Operating

Income 4.603.824.081.814

157.337.596.439

(8.794.920.139)

(21.622.477.169)

(712.979.712.591)

(743.397.109.899)

265.286.469.284

(38.948.245.720)

226.338.223.564

(17.670.629.810)

208.667.593.754

(104.777.349.955)

Laba Sebelum

Pajak Penghasilan /

Profit Before

Income Tax 236.894.638.035

(164.266.675.096) 1.784.198.333

- 16.376.139.461

Total

- PT PP Pracetak 244.890.552.601

Property & Real

Estate

(531.371.420.881)

- 638.806.975.377

(44.050.095.895)

142.211.010.702

142.211.010.702

Keterangan / Konstruksi /Pracetak / Peralatan / Eliminasi / Jumlah /

16.376.139.461 19.531.007.688

(4.173.751.095.101)

(403.990.926.707)


Jumlah /

180.642.814.557 (249.323.166.185)

31.244.953.368

Precast Equipment Elimination

Properti & Realti / Pracetak / Peralatan / Eliminasi /

763.362.457.651

20.445.525.081.761

30 Juni / June 2016

257.826.560.721 (455.153.151.870)

- PT PP Peralatan

EPC Property & Real

Estate

INFORMASI SEGMEN (lanjutan) 50. SEGMENT INFORMATION (continued)

Keterangan / Konstruksi / EPC /

Description Contruction

201






50.

Aset



Ekuitas / Equity



Jumlah /


Estate


774.482.855.866

(7.395.432.711)

Keterangan /

391.865.435.208

2.801.369.868.416

867.810.360.060 - PT PP Pracetak

Penghasilan Komprehensif Lain Pos Yang Tidak Akan Direklasifikasi ke Laba (Rugi) / Other Comprehensive Income Post That Will Not Be Reclassified to

Income (Loss )

59.656.363.021

Laba (Rugi) dan Penghasilan Komprehensif Lain Tahun Berjalan/ Income (Loss) and Other Comprehensive Income 470.065.305.617

Laba yang dapat diatribusikan kepada / Attribute Income :

Pemilik entitas induk / Main Entity 355.340.722.705

Kepentingan non-pengendali / Non Main Entity 55.068.219.891

Properti & Realti /

198.087.612.985

(2.160.758.016.544)- Perusahaan Induk /

Parent Company

11.684.098.414.006

410.408.942.596

Jumlah laba (rugi) komprehensif Yang dapat diatribusikan kepada / Total of Comprehensive Income that may to attribute to:

Pemilik entitas induk / Main Entity

Penghasilan (Beban) Pajak / Income Tax (Expenses) (228.398.032.781)

Laba Tahun Berjalan dari Operasi yg dilanjutkan / Current Profit of Continued Operations 410.408.942.596

5.318.956.722.653

Utang Segmen / Segment Liabilities :

13.699.477.576.530

56.356.458.086

282.687.873.995

1.063.621.363.279 10.526.206.760

(1.240.755.557.919)

19.128.811.782.419

10.120.734.249.135

2.669.158.037.608

198.087.612.985

933.901.570.495

INFORMASI SEGMEN (lanjutan) 50.

Peralatan /

Description

(132.211.830.808)

774.482.855.866

Total

(84.207.535.364)

276.249.371.758

943.597.889.755

14.009.739.548.256

4.381.876.913.656

737.195.320.507

19.128.811.782.419

294.338.237.495

2.835.486.924.880

EPC /

1.078.485.012.725

SEGMENT INFORMATION (continued)

30 Juni / June 2016

Keterangan / Konstruksi / EPC / Properti & Realti / Pracetak / Peralatan / Eliminasi /

12.457.785.858.082

5.313.066.323.563

Pracetak /

73

12.765.576.006.035

EPC

391.865.435.208

282.687.873.995 - PT PP Peralatan

Jumlah Utang

Segmen / Total

Segmen Liabilities

7.290.552.144

56.356.458.086

EliminationEquipment

- PT PP Peralatan

- PT PP Pracetak


Konstruksi /

26.826.504.320

6.407.967.942.138

414.997.085.726


470.065.305.617

Laba Per Saham (dalam rupiah) Dasar / Earning Per Share (IDR) Authorized Capital


Eliminasi /

Contruction

Jumlah /

(1.094.709.792.163)

(6.438.502.237)

(2.329.749.977.959)


10.816.288.053.946

Jumlah Aset

Segmen / Total

Segmen Assets

378.545.772.859

(78.894.026.961)

(5.890.399.090)

Property & Real

Estate

Precast

378.545.772.859


Parent Company

202






50.



(722.974.214.799)

205.344.875.063

(21.995.997.834)

183.348.877.229

183.348.877.229

19.814.427.659

75.936.856.784

1.505.172.315.341

1.600.923.599.784

(15.894.147.247)

(70.182.398.748)

(1.057.349.699.089)

(1.143.426.245.084)

457.497.354.700

(62.322.690.297)

395.174.664.403

(12.762.013.986)

382.412.650.417

928.319.089.862

928.319.089.862

(722.974.214.799)

(150.899.410.901)

Jumlah Beb.Pokok

Penjualan / Total

Cost of Goods

Sold

Precast

451.452.749.078

(961.192.649.216)

(834.512.158.298)

(151.806.727.553)

(12.210.412.121.484)

2.006.960.746.285

(409.796.588.209)

(309.630.106.183)

1.287.534.051.893

(441.970.750.275)


Elimination

10.915.337.348.974


Parent Company

223.112.890.643

Eliminasi /

1.243.755.000

7.965.504.804 71.306.163.090 1.264.846.848.628

1.597.164.158.076


Income (Loss )

Laba Usaha /

Operating Income -

(9.751.403.677.658)


Parent Company


845.563.301.618

33.029.837.017

(9.801.456.904)

- PT PP Pracetak

(151.806.727.553)

Jumlah / Properti & Realti /

EPC Property & Real

Estate

223.112.890.643

Jumlah

Pendapatan Usaha

/ Total Operating

Income

1.505.172.315.341

72.213.479.742

Equipment

(451.452.749.078)

Total

11.696.466.013.846

943.521.058.840

Kepentingan non-pengendali / Non Main Entity

1.192.091.627.300

2.037.654.928.918

740.323.181.921

105.240.119.697

845.563.301.618


Laba Tahun Berjalan dari Operasi yg dilanjutkan / Current Profit of Continued Operations

Penghasilan (Beban) Pajak / Income Tax (Expenses)

Laba (Rugi) dan Penghasilan Komprehensif Lain Tahun Berjalan/ Income (Loss) and Other Comprehensive Income

(268.393.223.028)

7.965.504.804

(28.474.869.169)

Pendapatan (Beban)

Lain-lain / Others

Income (Expenses)

Laba Sebelum

Pajak Penghasilan /

Profit Before

Income Tax -


680.777.182.426

- PT PP Peralatan

Hasil Segmen /

Segment Revenue -

61.504.706.186

Beban Usaha /

Operating Expenses

(77.536.097.303)

14.217.372.867.769

(10.262.900.586.417)


(77.536.097.303) (10.566.121.585.823)

(133.548.485.528) 915.631.085.477

(814.717.908.165)

85.501.602.107

Konstruksi /

(167.004.852.649)

EPC /

227.371.453.287

(151.806.727.553)


7.965.504.804

(315.676.443.174)

949.170.405.454

85.501.602.107

Keterangan /

Description

Pracetak /

Contruction

- PT PP Pracetak

Peralatan /


- PT PP Peralatan

222.837.540.791

11.830.968.434.451

203






50.



256.637.547.275

256.637.547.275

(228.240.267.533)

(228.240.267.533)

28.397.279.742

(11.222.748.339)

17.174.531.403

17.174.531.403

10.062.131.670

37.404.975.000

700.834.415.215

748.301.521.885

(7.799.238.797)

(33.712.718.995)

(490.232.484.200)

(531.744.441.992)

216.557.079.893

(22.514.102.895)

Laba Usaha /

Operating Income

683.061.287.128

Beban Usaha /

Operating Expenses (146.651.835.454) (5.028.093.133) (185.416.779.821)

(21.068.500.589) (69.300.087.352) 132.326.077.094 (4.538.385.563.903)

(114.651.559.795)

Laba Sebelum

Pajak Penghasilan /

Profit Before

Income Tax

161.916.101.234 2.002.891.824 18.699.640.497 -


Description Contruction Precast

105.833.913.644

Penghasilan (Beban) Pajak / Income Tax (Expenses) (172.137.638.428)


- PT PP Peralatan (69.300.087.352)

23.071.392.413


Properti & Realti /

EPC Property & Real

Estate


EPC

1.932.414.809.221

105.240.119.697

2.037.654.928.918

153

30 Juni / June 2015


Elimination Total


Parent Company

3.901.359.648.499 (31.439.476.047) 4.136.619.851.397

- PT PP Pracetak 318.568.904.409

252.918.373.923 2.002.891.824 31.505.733.159

40.748.396.047 (449.484.088.153)

-

Pendapatan (Beban)

Lain-lain / Others

Income (Expenses) (91.002.272.689)

(31.203.638.808) 347.841.633.014

210.855.309.084

36.533.826.292

(69.300.087.352)

Jumlah Beb.Pokok

Penjualan / Total

Cost of Goods

Sold

(3.820.358.343.531)

Equipment

(132.326.077.094)

Hasil Segmen /

Segment Revenue 399.570.209.377 2.002.891.824

(12.806.092.662)

Property & Real

Estate

194.042.976.998

(10.843.194.444)

183.199.782.554


5.221.446.851.031


Parent Company

(3.536.670.976.736) 90.987.426.047 (3.681.723.057.019)

- PT PP Pracetak (283.687.366.795) (21.068.500.589) 590.255.000 (337.878.331.379)


382.992.947.512

- 497.644.507.307

36.150.951.405

Jumlah

Pendapatan Usaha

/ Total Operating

Income

4.219.928.552.908 23.071.392.413

- PT PP Peralatan 105.833.913.644 (69.682.962.239)

700.834.415.215

Total





Keterangan / Konstruksi /

Equipment Elimination

Pracetak / Peralatan / Eliminasi / Jumlah /

Description Contruction Precast

EPC /

204






50.

Aset



Ekuitas / Equity



200.455.867.034



30 Juni / June 2015



-

EPC

(1.743.392.573.184)

-

208.561.581.618

Properti & Realti /

(6.202.180.949)

-

- -

600.016.277.173

80.797.276.476

Utang Segmen / Segment Liabilities:

2.721.886.152.397

EPC /

160.777.704.151


210.855.309.084


731.489.655.443

13.653.299.200 - 208.561.581.618

366.649.454.013

-

1.690.557.962.831


Parent Company

9.750.715.629.155

Peralatan /

Total

-

Description


Income (Loss )

(10.399.442.050)


739.121.058.146

14.579.154.736.205

-

508.199.476.842

366.649.454.013 3.849.193.957.740

Elimination

(61.831.377.053)

Eliminasi /

Jumlah Aset

Segmen / Total

Segmen Assets

Konstruksi /

Precast Contruction



EPC Property & Real

Estate

- -

Pemilik entitas induk / Main Entity 150.378.262.101


200.455.867.034

Laba Per Saham (dalam rupiah) Dasar / Earning Per Share (IDR) Authorized Capital 33

- PT PP Properti

-

10.096.065.400.919

- PT PP Pracetak

(21.058.237.000)

(512.820.967.192)

Pracetak /

- PT PP Properti

- PT PP Peralatan

10.566.636.383.402

(83.110.099.845)

-

-

(170.967.596.114) 8.117.891.036


11.166.652.660.575

Property & Real

Estate

2.700.827.915.397

-

-

Equipment

- -


1.113.654.506.143

Keterangan /

731.489.655.443 (1.577.392.859.286)

-

- (1.912.685.955)

-


Parent Company

80.797.276.476 10.329.274.275.362 (691.903.430.210)

578.558.646.207

Jumlah /

Total

10.834.387.685.702

22.742.934.739 -

2.333.883.288.516

1.049.581.738

14.579.154.736.205

12.244.221.865.951 508.199.476.842

- PT PP Pracetak 680.186.171.467

296.435.478.875

1.177.736.995.639

290.233.297.926

304.818.076.960

- PT PP Peralatan 296.435.478.875

-

Jumlah Utang

Segmen / Total

Segmen Liabilities

1.721.418.788.606

205






50.



Contruction

- 186.926.344.000

(567.427.212.706)

Description

22.268.730.962 65.737.795.939


Pendapatan (Beban)

Lain-lain / Others

Income (Expenses) (316.175.134.017)

Pracetak / Peralatan /

1.268.432.031.417

(347.531.401.346)

(252.982.962.757) 204.070.044.811 -

520.262.551.573


-

(121.188.548.061) -

(9.308.886.234)

533.521.013.547

(301.739.333.053)

(13.258.461.974)

(9.608.740.430.328)

1.091.049.637.958

-

-

-

1.091.049.637.958 12.427.371.312.550 204.070.044.811 186.926.344.000

-

Konstruksi /

(15.673.064.016)

127.090.750.885

-

127.090.750.885

17.454.585.713

91.494.810.865

554.971.556.684

-

663.920.953.262

(13.721.666.346)

(81.874.632.501)

(395.085.493.053)

(490.681.791.900)

173.239.161.362

(21.576.711.370)

151.662.449.992

(7.268.921.544)

144.393.528.448

(948.285.823.057)

(948.285.823.057)

142.763.814.901

Jumlah /

(121.188.548.061)

(10.877.659.125.998)


Income (Loss )

Jumlah Beb.Pokok

Penjualan / Total

Cost of Goods

Sold

1.286.751.844

Eliminasi /

(9.041.313.217.622)



1.145.702.683.388

- - (281.280.155.135)

533.406.543.587

114.469.960

533.521.013.547

22.268.730.962 56.428.909.705 - 910.981.189.873

Laba Sebelum

Pajak Penghasilan /

Profit Before

Income Tax

1.549.712.186.552

Laba Usaha /

Operating Income


-

-

Hasil Segmen /

Segment Revenue

- (62.469.310.000)

- PT PP Pracetak 629.262.124.795

29.339.835.560


Parent Company

- PT PP Pracetak (181.801.313.849)

22.268.730.962 32.341.563.920


(9.624.914.837.672) 378.405.869.353

473.038.781.197

Beban Usaha /

Operating Expenses (234.721.493.515)

-

- PT PP Peralatan

- PT PP Properti

Keterangan /

(181.801.313.849)


594.806.055.856 920.900.630.071

(387.379.616.524)


(829.816.407.212)

- PT PP Properti -

Total

11.171.215.902.592

671.844.017.714

-


- PT PP Peralatan -



EPC Property & Real

Estate

Jumlah

Pendapatan Usaha

/ Total Operating

Income

-

(157.586.508.440)

(24.087.345.785)

(121.188.548.061)

(473.038.781.197)

93.346.160.000

10.754.443.113.716

10.125.180.988.921 - Perusahaan Induk /

Parent Company

554.971.556.684 -

206






50.

Aset



Utang Segmen / Segment Liabilities:

Ekuitas / Equity




1.445.225.777.876

1.445.225.777.876

148.015.816.967

83.079.202.947

42.171.102.044

273.266.121.958

22.539.112.988

2.551.607.410.550

4.518.440.146

513.680.478.659

18.204.796.667

536.403.715.472

-

1.380.966.181.511

834.247.521.710

-

-

834.247.521.710

1.090.180.191.835

1.438.888.105.727

663.709.929.814

49.143.785.541

Peralatan /Konstruksi /

-

10.947.965.030.650

49.764.056.987

(373.813.839.080)

9.167.805.890.734


Jumlah /


Eliminasi /

-

Konstruksi /


520.262.551.573

110

Total

596.361.347.606


Parent Company

Properti & Realti /

Property & Real

Estate


926.409.806

12.392.825.644.775

Pracetak /

EPC /Pracetak /

-


Estate


1.380.966.181.511

-

114.469.960

- PT PP Properti

10.451.612.924.350

1.940.286.310.619

(1.399.111.470)

- (1.438.876.988.581)

Peralatan /

-

EPC




9.648.036.354.957

1.437.488.994.257

12.392.825.644.775 136.874.599.835

9.479.250.386.877

9.955.996.074.463

49.764.056.987

(72.219.534.700)

- -

Total


-

- PT PP Properti -

136.874.599.835 594.448.550.726

Eliminasi /

Description

Jumlah Aset

Segmen / Total

Segmen Assets

- PT PP Pracetak

Keterangan /

-


Parent Company

(68.407.719.760)

9.762.254.441.460

-

Jumlah /

-

Jumlah Utang

Segmen / Total

Segmen Liabilities

(447.432.485.250)

- PT PP Pracetak

- PT PP Properti


Parent Company

139.866.639.579

-

Jumlah

Pendapatan Usaha

/ Total Operating

Income

49.143.785.541


10.273.693.921.669 (1.365.258.342.411)


Keterangan /

Precast Equipment

681.642.728.849

(68.407.719.760)

665.708.178.830

42.171.102.044

11.655.844.311.524

-

8.882.889.039.271

9.354.723.435.807

Contruction EPC Property & Real

Estate

520.148.081.613

Elimination


(73.618.646.170)

601.272.638.656 - PT PP Pracetak

207






50.


138.575.392.859 65.012.657.837

(11.370.467.051) (8.789.021.341)

127.204.925.808 56.223.636.496




Estate


(1.306.650.385.017)

(1.306.650.385.017)

(103.469.980.648)

(75.039.783.734)

(29.743.699.739)

(208.253.464.121)



(10.374.802.086.838)

425.809.977.034

(556.886.392.169) (679.876.440.419)

(29.743.699.739)

-

428.300.835.871

(175.735.452.890)

-

68.407.719.760

1.075.640.381.519

Beban Usaha /

Operating Expenses

425.822.128.001

(47.950.264.516)

1.281.042.224.686

(8.323.469.300.775)


Income (Loss )

-

- 1.085.147.283.404



12.150.967

(310.664.293.325)

68.407.719.760

- PT PP Pracetak

Jumlah Beb.Pokok

Penjualan / Total

Cost of Goods

Sold

(9.665.181.946.680)

-

Laba Usaha /

Operating Income 899.904.928.629



(310.663.324.408)

(195.894.941.282)

425.822.128.001

Laba Sebelum

Pajak Penghasilan /

Profit Before

Income Tax 589.241.604.221


428.312.986.838




- PT PP Properti

-


(47.950.264.516) -

Pendapatan (Beban)

Lain-lain / Others

Income (Expenses)

Hasil Segmen /

Segment Revenue

428.312.986.838

(8.880.355.692.944)

1.813.792.471

1.813.792.471

- -

88

774.482.990.079

(2.490.858.837)

12.150.967

(346.170.003.241)

- (968.917)

127.204.925.808 56.222.667.579

- 1.813.792.471


Parent Company

208






50.

b. Segmen Sekunder b. Secondary Segment

Divisi Operasi I (DVO I) Business Division I (DVO I)

Divisi Operasi II (DVO II) Business Division II (DVO II)

Divisi Operasi III (DVO III) Business Division III (DVO III)

Divisi Operasi IV (DVO IV) Business Division IV (DVO IV)

Divisi EPC EPC Division (EPC)

Z Segment information based on geographical area:

Aset / Asset

Sumatera

Jakarta dan Jawa Barat

Jateng, Jatim dan Kalimantan

Bali, Nusa Tenggara, Sulawesi,

Lainnya / Others

Jumlah / Total


Sumatera



Bali, Nusa Tenggara, Sulawesi,

Lainnya / Others

Jumlah / Total

Gorontalo, Maluku dan

Papua

Gorontalo, Maluku dan

Papua

12.392.825.644.775

dan/and Timur, Papua, Timor Leste)

Cabang / Branch II (Lampung, Bengkulu,Sumatera

Selatan, Bangka Belitung dan/and Banten)

dan/and Batam)

2.482.172.154.243

Cabang / Branch IX (Sumatera Barat, Jambi, Riau

Division Name

15.032.070.816.598

2.314.101.948.769

2.109.978.148.958

1.478.188.799.562

Cabang / Branch VI (Kalimantan)

Cabang / Branch VII (Bali, Nusa Tenggara Barat

1.134.706.555.866

1.132.171.936.341

2.396.319.403.571

1.714.010.109.783

-

7.161.550.590.212

1.289.375.304.486

12.785.138.119.124

20.445.502.637.247

1.833.511.478.996

2.092.276.370.748

8.007.363.361.306

14.579.154.736.205

Informasi segmen berdasarkan daerah geografis adalah sebagai

berikut :


Cabang / Branch VIII (Sulawesi, Gorontalo, Maluku)

The Company secondary segments are The Companyed on the basis of

geographical locations:

950.336.619.872

3.386.716.146.104 3.446.209.956.942

2.130.815.414.141

1.426.992.762.658

6.058.335.151.485

1.409.691.463.107

1.083.162.826.645

8.613.428.677.102

Seluruh / Entire Indonesia


Cabang / Branch V (Jawa Tengah, Yogyakarta


2.780.216.162.398

1.851.868.350.076 2.308.397.495.279

11.762.958.834.454

2.382.558.388.914

14.009.739.548.256

768.985.550.370

19.128.811.782.419


1.892.327.121.639

Cabang Luar Negeri / Overseas Branches

Jawa Timur)

Wilayah / RegionNama Divisi


-

3.806.162.663.095

10.451.612.924.350

1.315.026.376.346

2.278.063.081.999

1.846.529.980.213

12.244.221.865.951

Segmen sekunder perusahaan dikelompokkan berdasarkan daerah

geografis dengan rincian sebagai berikut:

Cabang / Branch I (Sumatera Utara dan/and Aceh)

1.463.584.050.676

1.492.497.655.823

Cabang / Branch III (DKI Jakarta)

Cabang / Branch IV (Jawa Barat)

533.775.930.578

5.364.435.013.920

209






50.

Pendapatan / Revenues

Sumatera



Lainnya / Others

Jumlah / Total

51.

1. 1.

Bank Guarantee (IDR)

L/C & SKBDN (IDR)

Letter of Credit (USD)

2. 2.

APARTEMEN RU IV CILACAP 423.016.000.000 PT Pertamina (Persero) 03-Jun-16 06-Jun-17

GARDENIA APARTEMENT BOGOR 94.090.909.091 PT Duta Senawijaya Mandiri 31-Mar-15 02-Jun-17

GRESIK GAS COGENERATION PLANT 156.000.000.000 PT Petrokimia Gresik 13-Nov-15 13-Sep-17

INFRASTRUKTUR PEMUKIMAN

NANGA BADAU

96.986.812.727 Kementerian PU & PR Direktorat Jend

Cipta Karya

17-Dec-15 07-Sep-17

PLTU PAMA-01 168.066.762.500 PT Energia Prima Nusantara 01-Oct-15 31-Jul-17

SPRING WOOD 292.949.090.909 PT Triniti Dinamik 29-Jun-15 30-Jun-17

BIOFARMA GEDUNG

VAKSIN&PENGEMASAN

167.024.180.909 PT Bio Farma (Persero) Tbk 05-Dec-14 30-Jun-16

TRANSMART DEPOK 247.431.338.000 PT Alfa Retailindo 11-Apr-16 15-Jun-17

APARTEMEN GUNAWANGSA

SURABAYA

280.898.112.777 PT Warna Warni Investama 03-Aug-15 03-Apr-18

PEKERJAAN JALAN BATAS SIBOLGA -

TAP. SEL

236.454.545.455 Kementrian PU dan Perumahan Rakyat,

Sumatera Utara

01-Nov-15 19-Jan-18

BNI PEJOMPONGAN 714.545.455.000 PT BNI (Persero) Tbk 02-May-16 02-Jan-18

JALAN TOLL SUMATERA PAKET

BAKAUHENI - SIDOMULYO

3.342.811.090.909 PT Hutama Karya (Persero) 29-Dec-15 22-Nov-17

APARTEMEN AKASA 291.000.000.000 PT Bumi Megah Graha Asri 10-Nov-15 09-Nov-17

CASSIA CONDOTEL BINTAN 254.310.000.000 PT Cassia Resort Investment 09-Mar-15 31-Oct-17

MIDTOWN POINT TOWER & IBIS

STYLES HOTEL

144.545.455.000 PT Kurnadi Abadi 09-Feb-16 08-Aug-17

14.217.372.867.769

468.098.741.410

Nama Proyek / Nilai Kontrak / Pemberi Kerja / Tenggat Waktu / Period

Project Name Contract Value Bowheer Mulai / Start Selesai / End

113.099.327.264

30 Juni /

Perusahaan mempunyai komitmen untuk melaksanakan pekerjaan

konstruksi, diantaranya adalah sebagai berikut:

The Company has commitments to carry out the following construction works:

BENDUNG LOLAK SULUT 754.545.454.545 SNVT PJSA BWS Sulawesi I 21-Feb-15 20-Feb-20

REHABILITASI DI SEDADI 171.976.980.000 Balai Besar Wilayah Sungai Pemali

Juana

23-Oct-15 30-Nov-18

WADUK PIDEKSO 361.129.090.909 Dinas PU SNVT Bengawan solo 26-Nov-14

1.320.087.202.532

5.221.446.851.031

1.218.288.265.378

1.779.242.869.055

981.502.334.977

379.900.059.803

2.113.262.817.512

6.472.196.346.725

31 December /

05-Nov-18

June 2016

877.320.814.180

December 2013

1.686.740.675.545

4.296.826.551.592

3.513.806.984.250

2.301.120.875.717

11.655.844.311.524

2.301.042.619.577

December 2014

2.982.651.201.922

427.593.399.000

31 Desember /

784.049.580.482

413.252.213.131

31 December /

Perusahaan memberikan Bank Garansi dan Letter of Credit/SKBDN

untuk kepentingan Pemilik Proyek dan Supplier, saldo per 31

Desember 2015, 2014 dan 2013 sebagai berikut:

4.712.122.624.188

2.531.432.192.410

1.370.739.912.799

3.302.035.518.795

1.019.358.136.476

32.894.939.250

4.507.715.010.761

891.463.307.280

2.555.972.413.282

1.800.354.101.282

841.643.481.000



1.032.976.865.305

5.390.224.782.036

2.560.971.334.717

1.141.008.006.863

2.302.190.323.629

12.427.371.312.550

1.544.089.899.965

December 2015

2.235.959.113.476

The Company provides Bank guarantees and Letter of Credit/SKBDN for the

interest of projects owners and suppliers, the balances of which as of 31

December 2015, 2014 and 2013 are as follows:

50. SEGMENT INFORMATION (continued)

Bali, Nusa Tenggara,

Sulawesi, Gorontalo, Maluku

PERJANJIAN DAN KOMITMEN 51. AGREEMENT AND COMMITMENTS

30 Juni / 30 Juni /

INFORMASI SEGMEN (lanjutan)

210






51. PERJANJIAN DAN KOMITMEN (lanjutan) 51. AGREEMENT AND COMMITMENTS (continued)

Tenggat Waktu / Period


THE SAMATOR SURABAYA 270.345.454.545 PT Samator Land 15-Jun-12 01-Aug-16

THE PINNACLE SEMARANG 200.000.000.000 PT Graha Masindo Pratama 02-Mar-14 31-Jul-16

ISLAMIC CENTER BALIKPAPAN 299.754.227.273 Dinas PU Kalimantan Timur 08-Sep-14 28-Aug-16

JALAN TOL BAWEN - SALATIGA 339.333.636.364 PT Trans Marga Jateng 01-Aug-15 25-Aug-16

RS PROVISNSI BALI 181.772.727.273 Dinas PU 31-Aug-15 24-Aug-16

GRAND JATI JUNCTION 221.881.818.182 PT Mahardika Agung Lestari 01-Jun-15 23-Aug-16

JEMBATAN SERVO 86.772.826.800 PT Servo Lintas Raya 03-Aug-15 03-Aug-16

TERMINAL PETI KEMAS KALIBARU 8.208.795.353.371 PT Pelindo II (Persero) 11-Sep-12 10-Nov-16

GRAND SUNGKONO LAGOON 67.269.090.909 PT PP Properti Tbk 04-Nov-15 03-Nov-16

SUPERMALL 3 SURABAYA 225.708.163.061 PT Pakuwon Permai 01-Sep-14 30-Oct-16

NIPAH MALL - MAKASSAR 357.928.182.000 PT Kalla Inti Karsa 01-Aug-15 22-Oct-16

CANDILAND SEMARANG 114.113.192.673 PT Megatama Putra 13-May-14 23-Oct-16

APARTEMEN SAUMATA 320.870.909.000 PT Sutera Agung Properti 06-Jan-14 03-Sep-16

APARTEMEN HADININGRAT 144.700.000.000 PT Graha Multi Insani 15-Sep-14 28-Aug-16

LEXINGTON RESIDENCE 196.586.363.636 PT Satria Pusaka Permata Perkasa 01-Oct-14 31-Dec-16

HOTEL AVANI 405.800.000.000 PT Danau Winata Indah 30-Mar-16 25-Dec-16

PLBN WINI 130.425.364.000 Kementrian PU dan Perumahan Rakyat 22-Dec-15 16-Dec-16

DRY PORT 98.781.382.727 Kementrian PUPR, Dirjen Bina Marga,

Satker PJN Metropolitan Jakarta

29-Jul-15 19-Dec-16

PEMB. JALAN LAYANG KEBAYORAN

LAMA

280.705.863.636 Dinas PU DKI Jakarta 15-Dec-14 14-Dec-16

PEMB. RUMAH SAKIT DAERAH

PEKANBARU

73.548.961.818 Dinas Kesehatan Provinsi Pekanbaru 19-Dec-14 07-Dec-16

JALAN TOL KOPO BUAH BATU 80.150.295.000 PT Jasa Marga (Persero) Tbk 07-Dec-15 20-Nov-16

PEMBANGUNAN JALAN TOL MEDAN -

KUALANAMU - TEBING TINGGI SEKSI

4B ADOLINA - PERBA

448.363.636.364 PT Jasa Marga (Persero) Tbk 21-Oct-15 14-Mar-17

GRAND KAMALA LAGOON - TOWER

BARCLAY

189.215.475.000 PT PP Properti Tbk 01-Dec-15 01-Mar-17

TRANSMART RUNGKUT 144.629.786.734 PT Trans Retail Indonesia 03-Mar-16 24-Feb-17

BINTARO ICON 104.545.454.546 PT Prima Bintaro Royale 21-Oct-15 14-Feb-17

ST.MORITZ PANAKKUKANG -

MAKASSAR

576.163.000.000 PT Tribuana Jaya Raya 21-Apr-15 09-Feb-17

BELLEVUE PLACE 50.500.000.000 PT Graha Azura 07-Mar-16 07-Feb-17

KARAWACI SENTRAL BUSSINESS

DISTRIC

397.894.432.000 PT Satu Stop Sukses 07-May-15 07-Jan-17

TECHNOPLEX LIVING APARTMENT 233.853.423.482 PT Multi Karya Utama Abadi 01-Jun-15 30-Apr-17

GRAND KAMALA LAGOON BEKASI 202.073.169.000 PT PP Properti Tbk 27-Nov-14 30-Apr-17

PELABUHAN KUALA TANJUNG 897.730.000.000 PT Prima Multi Terminal 17-Apr-15 16-Apr-17

WANG RESIDENCE 237.518.426.000 PT Citicon Propertindo 01-Dec-14 31-Mar-17

ANTASARI HEIGHTS RESIDENCE

JAKARTA

126.000.000.000 PT Radinka Quatro Land 01-Apr-15 30-Mar-17

THE MANHATTAN MALL - MEDAN 345.336.363.636 PT Greenland Garden Realty 06-Apr-15 25-Mar-17

APARTEMEN PERTAMINA

BALIKPAPAN

497.000.000.000 PT Pertamina (Persero) 25-Apr-16 24-Mar-17

Nama Proyek / Nilai Kontrak / Pemberi Kerja /

JL TOL MEDAN-TEBING TINGGI 584.181.818.182 PT Jasa Marga (Persero) Tbk 07-Dec-15 31-May-17

REKLAMASI&PEMB DERMAGA

MAKASAR NEWPORT

297.153.059.091 PT Pelindo IV (Persero) 03-Jun-15 28-May-17

TUNJUNGAN PLAZA 6 SURABAYA 231.820.000.000 PT Pakuwon Jati Tbk 28-May-14 27-May-17

211






51. PERJANJIAN DAN KOMITMEN (lanjutan) 51. AGREEMENT AND COMMITMENTS (continued)

Nama Proyek /

390.909.574.057 PT Duta Anggada Realty Tbk 01-Dec-14 25-Mar-16

PEJATEN PARK RESIDENCE 205.909.090.909 PT Kuala Jaya Realty 01-Jan-15 30-Jun-16

SRONDOL MIXED USED 139.000.000.000 PT Sun Property Abadi 05-Jan-15 28-Jun-16

MP39 RELOCATE PROJECT-

FREEPORT LOWLAND

129.000.000.000 PT Freeport Indonesia 24-Apr-15 24-Jun-16

LAFAYETTE SEMARANG 245.888.000.000 PT Pahala Agung 31-Oct-14 22-Jun-16

PT Tiara Abadi Nirmala 07-Oct-14 07-Feb-16

JEMBATAN KELINJAU II 75.909.090.909 Dinas PU Kutai Timur 15-Sep-14 31-Jan-16

PEK. PEMB. JALAN SAKETI -

BANJARSARI

144.411.456.364 Dinas Bina Marga dan Tata Ruang 04-Aug-14 26-Jan-16

IZZARA APARTEMEN GTU 345.000.000.000 PT Grage Trimitra Usaha 01-Oct-13 28-Feb-16

INDARUNG CC7 144.707.738.850 PT Semen Padang 04-Dec-15 27-Feb-16

Nilai Kontrak / Pemberi Kerja / Tenggat Waktu / Period


31-Mar-16

PEK STRUKTUR LANDMARK 402.272.727.273 PT Cahaya Bandung Jaya 27-May-14 30-Mar-16

ICON COMPLEX

UK PETRA GEDUNG P1&P2 179.545.454.545 Yayasan Perguruan Tinggi Kristen Petra 13-Oct-14 05-Jan-16

STADION BEKASI THP VII 129.003.910.000 Dinas Pemuda dan Olahraga 22-Jun-15 18-Dec-15

16-Feb-16

PEMBANGUNAN HOTEL HOWARD

JOHNSON

52.044.866.008

FASILITAS PENUNJANG BANDARA

RAJA HAJI FISABILILLAH TANJUNG

75.619.071.818 PT Angkasa Pura II (Persero) 13-Jan-15 07-Mar-16

PEMBANGUNAN SEMANI TAHAP II 104.380.727.273 Dinas Bina Marga & Pengairan Pemkot

Samarinda

08-Sep-14 01-Mar-16

GRAND KAMALA LAGOON BEKASI 187.149.000.000 PT PP Properti Tbk 01-Dec-14 29-Feb-16

HOTEL SALAK 114.256.661.501 PT Hotel Properti Internasional 06-Feb-14 29-Feb-16

GEDUNG BARU UNPAD IDB 303.202.537.273 Universitas Padjajaran 17-Oct-14 29-Feb-16

HOTEL PARK INN BY RADDISON

MAKASAR

75.523.533.500 PT Catur Jaya 13-May-14 31-May-16

PLAZA ASIA SUMEDANG 104.920.099.091 PT Asia Tritunggal Jaya 19-May-14 30-Apr-16

RS OMNI CIKARANG 66.500.000.000 PT Sarana Aditama Anugerah 10-Aug-15 20-Apr-16

SWISS BELHOTEL SURABAYA 172.545.454.545 PT Centurion Perkasa Iman 08-Jan-15 02-Apr-16

HOTEL GRAHA SENGGIGI 130.278.610.000 PT Graha Senggigi 04-Oct-14

APRON BANDARA A. YANI 141.785.432.182 PT Angkasa Pura I (Persero) 31-Mar-15 24-Jan-16

JALAN TIBAR - GLENO, TIMOR LESTE 263.629.515.780 Kementerian Infrastruktur Timor Leste 02-Jul-13 20-Jan-16

PEMB TRANSMART BALIKPAPAN 103.996.344.378 PT Trans Retail Indonesia 16-Dec-14 15-Jan-16

W/R SEMARANG APARTEMEN 95.272.727.273 PT Graha Satu Tiga Tujuh 22-Oct-13 14-Jan-16

CONVEYOR TELUK LAMONG 144.748.636.364 PT Pelindo III (Persero) 07-Jan-15 07-Jan-16

PEM. MIXED USED DEV. PANGHEGAR

PEKANBARU

150.000.000.000 PT Panghegar Pekanbaru Permai 26-Dec-14 17-Feb-16

PEMB ISLAMIC CENTER KAB

NUNUKAN THP II

162.211.300.000 Dinas PU Kabupaten Nunukan 19-Dec-14

JALAN BATURADEN 118.181.000.000 PT Sejahtera Alam Energy 15-Sep-15 11-Jun-16

MIXED USE KEBAYORAN ICON 145.454.545.455 PT Kebayoran Puspita 10-Oct-14 01-Jun-16

LPG BANYUWANGI 531.818.181.818 PT Misi Mulia Petronusa 01-Jul-14 31-May-16

SERVO LINTAS RAYA HAUL 357.869.750.000 PT Servo Lintas Raya 02-Apr-15 30-Jul-16

PROMENADE CONDOTEL PADANG 104.500.000.000 PT Griya Cipta Optimal 11-May-15 19-Jul-16

SUPERMALL PAKUWON 282.993.972.274 PT Pakuwon Jati Tbk 10-Jun-13 15-Jul-16

JEMBATAN KALI SANJOYO 72.567.272.727 PT Trans Marga Jateng 19-Aug-15 14-Jul-16

ALFA HEAD QUARTERS OFFICE 209.609.362.081 PT Perkasa Internusa Mandiri 05-Jan-15 05-Jul-16

212






51.

3. Kasus Hukum Law Case

a

.

a.

b

.

b.

c

.

c.

3. Kasus Hukum (lanjutan) Law Case (continued)

d

.

d.

PERJANJIAN DAN KOMITMEN (lanjutan) 51. AGREEMENT AND COMMITMENTS (continued)

3.

The Company filed a petition for execution of the Supreme Court (MA) and

Indonesian Arbitration (BANI) judgment, where the MA and BANI in their ruling

dated 31 December 2012 rejected the case review and the ruling is in favour of

the Company. Therefore the Company will excecute the ruling worth

IDR1,750,000,000. Last Position There is a request from BNI to invite the

Company as other creditors (KL) to ask Bankrupt. BNI will tell the value of debt

PT PIP and assets pledged in BNI.

Perseroan dan PLN/PLTA Peusangan-NAD mendapatkan

somasi dari warga Arul Kumer-NAD dengan nomor somasi

No.8/Adv-OTP/III/2013 tertanggal 11 Maret 2013. Warga

meminta ganti rugi tanah, tanaman dan ternak sebesar kurang

lebih Rp.4.764.000.000,- dengan menolak uang kompensasi

sebesar Rp.25.000.000,-/warga. Perseroan sedang menunggu

hasil permintaan pendapat hukum dari PLN, apakah PLN bisa

memberikan ganti rugi. Dan hasil opini hukum dari Kejari Aceh

: Untuk ganti rugi debu Perseroan sdh bayar 4 dari 7 KK,

dengan nilai 70 juta dari 113 juta, sedangkan untuk longsor

sedang diadakan pengukuran oleh pihak BPN/PU untk

mengetahui luas area yang terkena longsor.

Perseroan dan PT Wijaya Karya (Persero) Tbk, PT Adhi Karya

(Persero) Tbk, PT Hutama Karya (Persero), PT Paula Jaya

bersama Gubernur Kaltim dan Walikota Samarinda sebagai

tergugat dalam gugatan PT.Nuansa Cipta Realtindo (NCR)

dengan nomor perkara No.304/pdt.G/2013/PN JakartaTimur

tertanggal 30 Juli 2013. NCR menilai tergugat melakukan

perbuatan melanggar hukum karena Gubernur dan Walikota

mengalihkan perjanjian kontrak proyek Bandara Samarinda

Baru (BSB) ke Perseroan dan kawan-kawan, pada saat yang

sama masih terkait kontrak dengan NCR. Pada tanggal 26

September 2013 dilaksanakan sidang mediasi. Posisi terakhir,

mediasi gagal dan Perseroan mengajukan bukti-bukti tertulis

tanggal 14 Mei 2014. Pada tanggal 8 Januari 2015 telah

dibacakan putusan yaitu menolak gugatan penggugat untuk

keseluruhan.

Perseroan mengajukan eksekusi atas putusan Mahkamah

Agung ("MA") dan Badan Arbitrase Nasional indonesia

("BANI"), dimana posisi terakhir adalah Putusan PK oleh MA

tanggal 31 Desember 2012 menolak permohonan PK dan PP

akan melaksanakan eksekusi atas putusan BANI yang

memenangkan Perseroan sebesar Rp1.750.000.000. Posisi

Terakhir Ada permintaan dari BNI untuk mengajak Perseroan

sebagai kreditur-kreditur lainnya (KL) untuk ajukan Pailit.

BNI akan beritahu nilai hutang PT PIP & aset PT PIP yang

dijaminkan di BNI.

The Company and PLN/PLTA Peusangan-NAD getting a subpoena from

residents Arul Kumer-NAD with numbers No.8/Adv-OTP/III/2013 dated 11 March

2013. The residents asked for compensation of land, crops and livestock

approximately Rp.4.764.000.000 by refusing to cash compensation of

Rp.25.000.000 per resident. The Company is waiting for the results of the legal

opinion request from the PLN, whether PLN may provide compensation. And the

results of the legal opinion of Kejari Aceh: To redress dust sdh Company paid 4

of 7 families, with a value of 70 million out of 113 million, while for the landslide is

being held by the BPN measurement / PU remedy to know the area affected by

landslides.

The Company and PT Wijaya Karya (Persero) Tbk, PT Adhi Karya (Persero)

Tbk, PT Hutama Karya (Persero), PT Paula Jaya with the Governor of East

Kalimantan and the Mayor of Samarinda a co-defendant in a lawsuit submitted

by PT.Nuansa Cipta Realtindo (NCR)with the case number

No.304/pdt.G/2013/PN Jak.Tim dated 30 July 2013. NCR assess defedant

committing unlawful because they are turned the project contract BSB to the

Company dan friends, at the same time still relevant contract with NCR. At the

date of 26 September 2013 mediation session conducte.The last position,

mediation failed and Company written evidence submitted by 14 May 2014. On 8

January 2015 has been read out the verdict that rejected the plaintiff's claim to

the whole .

Perseroan menggugat Wong Jong Kheng dan tergugat lainnya

dengan nomor perkara No.448/Pdt.G/2012/PN.BKS tertanggal

11 Desember 2012 dalam gugatan perbuatan melawan hukum

pembelian tanah seluas 34.120 m2, Pekayon Jaya, Bekasi.

Sidang 1 tanggal 23 Januari 2013 ditunda karena tergugat

tidak hadir, sidang 2 tanggal 20 Februari 2013 dengan agenda

mediasi (tidak tercapai mediasi), dan sidang tanggal 13

Nopember 2013 dengan putusan: 1) Wong Jong Kheng harus

membayar ganti rugi ke PP senilai Rp18,3 M, 2) Wong Jong

Kheng harus membayar ke PP : PBB Rp291 juta, 3)

Menolak tuntutan PP selainnya. Posisi terakhir PP

menyatakan banding tanggal 26 Nopember 2013. Pada

tanggal 24 November 2014 Perseroan menerima Relaas

memori kasasi. Pada tanggal 19 Maret 2015 Perseroan telah

mengirimkan kontra memori kasasi, dan pada tanggal 28

Agustus 2015 putusan MA menolak permohonan kasasi Wong

Jong Kheng.

The Company sued Kheng Wong Jong and other defendants with the case

number No.448/Pdt.G/2012/PN.BKS dated 11 December 2012 in a lawsuit

against the law for the land area of 34.120 m2, Pekayon Jaya, Bekasi. Session 1

dated 23 January 2013 was postponed because the defendant is not present,

the Session 2 dated 20 February 2013 with the mediation agenda (not reached

mediation), and the hearing on 13 November 2013 with a decision: 1) Wong

Jong Kheng had to pay compensation to PP worth Rp18, 3 M, 2) Wong Jong

Kheng must pay to PP: PBB Rp291 million, 3) Reject PP demand in others. The

final position of PP an appeal on 26 November 2013. On 24 November 2014 the

Company received a Relaas cassation . On 19 March 2015 the Company has

sent a counter against the cassation , and on 28 August 2015 decision of the

Supreme Court rejected the appeal Wong Jong Kheng .

3.

213






52.

1. 1.

2. 2.

3. 3.

4. 4.

5. 5.

6. 6.

7. 7.

53.

Liabilitas Jangka Pendek Current Liabilities


Pihak Ketiga Third Parties



Bagian Liabilitas Jangka Panjang Yang Jatuh Tempo dalam Waktu Satu Tahun Current Portion of Long Term Liabilities

Utang Bank Bank Loans

Liabilitas Jangka Panjang Non Current Liabilities

Utang Jangka Panjang Lainnya Other Long Term Liabilities

Liabilitas Jangka Pendek Current Liabilities



Liabilitas Jangka Panjang Non Current Liabilities


Reklasifikasi/

Reclassification

Sesudah / After

109.067.959.675 90.075.078.012 199.143.037.687

7.648.176.225.937 (402.613.875.000) 7.245.562.350.937

106.954.129.392 (90.075.078.012) 16.879.051.380

44.515.997.292 402.613.875.000 447.129.872.292

31 Desember 2015 / 31 December 2014

Sebelum / Before Reklasifikasi/

Reclassification

Sesudah / After

6.915.538.102.929

Approval of the establishment of the Regulation No. PER - 09 / MBU / 07 / 2015

dated 3 July 2015 on the Partnership Program and Community Development.

Persetujuan perubahan susunan pengurus perseroan. Approval of changes in the composition of the management board.

REKLASIFIKASI AKUN 53. RECLASSIFICATION OF ACCOUNT

31 Desember 2015 / 31 December 2015

Sebelum / Before

(442.905.796.051) 6.472.632.306.878

47.299.318.031 442.905.796.051 490.205.114.082

Persetujuan penetapan pemberlakuan Peraturan Menteri Badan

Usaha Milik Negara Nomor:PER-09/MBU/07/2015 tanggal 3 Juli

2015 tentang Program Kemitraan dan Bina Lingkungan Badan

Usaha Milik Negara.

52. OTHER IMPORTANT INFORMATION

Penetapan tantiem tahun 2015, gaji dan honorarium berikut

fasilitas serta tunjangan lainnya untuk anggota Direksi dan

Dewan Komisaris tahun 2016.

Penetapan penggunaan Laba Bersih Perseroan untuk tahun

buku yang berakhir 31 Desember 2015.

The minutes of Shareholder General Meeting of PT PP (Persero) Tbk. No.24 were

made by Ir.Nanette Cahyanie Handari Adi Warsito, SH of Jakarta, dated 29 April

2016, approved the matters as follows :

Approval of annual report for the year ended 31 December 2015 audited by

Public Accountant Soejatna, Mulyana & Rekan, report Number :008/SMR/LAI-

PP/II/2016 dated 29 February 2016, and Control Report of Board Of

Commisioner.

Appropriation of net profit of the Company for the year ended 31 December

2015.

Persetujuan dan Pengesahan Laporan Kemitraan dan Bina

Lingkungan untuk tahun buku yang berakhir 31 Desember 2015

yang diaudit oleh KAP Soejatna, Mulyana & Rekan sesuai

dengan Laporan Nomor:008/SMR/LAI-PKBL-PP/II/2016 tanggal

29 Pebruari 2016.

INFORMASI PENTING LAINNYA

Berita Acara RUPS-T PT PP (Persero) Tbk. No.59 yang dibuat oleh

M.Nova Faisal, SH., M.Kn di Jakarta, tanggal 29 April 2016 memuat

keputusan tentang :

Appointment of public accountant for the audit of the Company's financial

statements and partnership and community development programs report for the

year 2016.

Persetujuan Laporan Keuangan Tahunan Perseroan tahun buku

yang berakhir 31 Desember 2015 yang telah diaudit oleh KAP

Soejatna, Mulyana & Rekan sesuai dengan Laporan

Nomor:008/SMR/LAI-PP/II/2016 tanggal 29 Pebruari 2016, dan

Laporan Tugas Pengawasan Dewan Komisaris Perseroan Tahun

Buku 2015.

The management bonus for the year 2015, salaries and remuneration of

members of the Board of Directors and the Board of Commissioners for the year

2016.

Penunjukkan Kantor Akuntan Publik untuk mengaudit Laporan

Keuangan Perseroan, PKBL tahun buku 2016.

Approval and Legalization of Partnership and Environment Development

Programs Report year ended 31 December 2015 audited by Public Accountant

Soejatna, Mulyana & Rekan, report number:008/SMR/LAI-PKBL-PP/II/2016

dated 20 February 2016.

214






54.

Tidak ada kejadian penting setelah tanggal posisi keuangan.

55.

56.

1. Risiko Kredit 1. Credit Risk



Piutang Usaha Trade Receivable

Piutang Retensi Retention Receivable

Piutang Lain-lain Other Receivables -

Jatuh Tempo, Tetapi

Tidak mengalami

Penurunan Nilai /

Over Due/No

Impairment in Value

Jumlah / Total

2.171.298.980.184 - 2.171.298.980.184

1.705.423.220

KONDISI EKONOMI

56.

The company perceives that risk is by nature an indivisible part of business

operation. Realizing that business success is also determined on the effectivity of

risk management, therefore we continually strive to improve our risk management

capability through proactive and systematic approach.

Berikut ini adalah ikhtisar umur aset keuangan yang belum jatuh

tempo atau tidak mengalami penurunan nilai dan yang lewat jatuh

tempo pada akhir periode pelaporan tetap tidak mengalami

penurunan nilai:

Late payment, do not pay part or all of the work of the project the project owner

will be able to negatively affect the Company's working capital turnover.

Hal ini menyebabkan perubahan alokasi pendanaan pada beberapa

proyek yang sedang dan akan berjalan serta keterbatasan arus kas

operasional untuk kebutuhan pembelanjaan modal dalam jangka

pendek.

The Company's activities are affected by the future economic condition in Indonesia

that could lead to unstable value of currency and interest rate, and decrease of

economic growth. Economic Improvement and recovery depend on several factors

such as monetary and fiscal policies of the goverment and other factors, which are

beyond control of the Company. The financial statements encompass the effect of

economic condition as long as it can be determined and estimated.

ECONOMIC CONDITION

228.050.000.000 - 228.050.000.000

MANAJEMEN RISIKO KEUANGAN

The Company identified the main financial risk facing the Company are as follows:

30 Juni / June 2016

PERISTIWA SETELAH TANGGAL PELAPORAN

There are no significant events after the date of the financial position.

3.379.513.453.244 694.278.335.768 4.073.791.789.012

1.286.999.133.555 - 1.286.999.133.555

1.705.423.220

Belum Jatuh Tempo/ Tidak

mengalami Penurunan Nilai /

Not Due/ No Impairment in

Value

54.

55.

This causes changes in the allocation of funding to some projects that are being

and will run as well as the limitations of operating cash flow for capital

expenditure needs in the short term.

Kegiatan Perusahaan dipengaruhi oleh kondisi ekonomi di Indonesia di

masa datang yang dapat berdampak pada ketidakstabilan nilai mata

uang dan tingkat bunga, begitu juga dengan penurunan harga saham

yang dapat mempengaruhi pertumbuhan ekonomi. Perbaikan dan

pemulihan ekonomi tergantung pada beberapa faktor lainnya yang

merupakan suatu tindakan yang berada di luar kontrol perusahaan.

Laporan keuangan ini mencakup dampak kondisi ekonomi sepanjang hal

tersebut dapat ditentukan dan diperkirakan.

FINANCIAL RISK MANAGEMENT

The following is the summary of financial assets not due or no impairment in

value and over due and at the end of the reporting period remain no impairment

in value:

Perusahaan memandang bahwa risiko merupakan bagian yang tidak

terpisahkan dari operasional usaha. Seiring bahwa keberhasilan usaha

juga ditentukan oleh efektivitas pengelolaan risiko, Perusahaan terus

berupaya untuk meningkatkan kemampuan manajemen Risiko melalui

pendekatan yang proaktif dan terencana.

EVENTS AFTER THE REPORTING PERIOD

Keterlambatan pembayaran, tidak membayar sebagian atau seluruh

hasil kerja proyek dari pemilik proyek akan dapat berpengaruh

negatif terhadap perputaran modal kerja Perusahaan.

Perusahaan telah mengidentifikasi risiko keuangan utama yang dihadapi

Perusahaan adalah sebagai berikut:

215






56.





Piutang Lain-lain Other Receivables











2. Risiko Nilai Tukar Mata Uang Asing Foreign Exchange Risk

917.283.902.147

-

28.401.264.040

Most of the liabilities denominated in yen, so the Company is not exposed

significantly.

807.265.432.035

The company began using imported raw materials as well as working on and will

continue to develop projects that are located overseas, so the company will bear the

risk of changes in foreign exchange.

2.408.126.221.637

Jatuh Tempo, Tetapi

Tidak mengalami

Penurunan Nilai /

Over Due/No

Impairment in Value

311.044.230.295

MANAJEMEN RISIKO KEUANGAN (lanjutan) 56. FINANCIAL RISK MANAGEMENT (continued)





Value

447.957.168.250 - 447.957.168.250

276.900.000.000

1.180.476.980.060 1.180.476.980.060

4.674.342.518

2.927.370.223.940


276.900.000.000

3.025.394.461.065

1.710.017.689.183

29.031.613.658 -

4.674.342.518 -

2.408.126.221.637

1.382.880.152.395

202.500.000.000


Jatuh Tempo, Tetapi

Tidak mengalami

Penurunan Nilai /

Over Due/No

Impairment in Value

Jumlah / Total

-

29.031.613.658

2.300.164.054.542

Sebagian besar kewajiban dalam mata uang Rupiah, karena itu

Perusahaan tidak terekspos secara signifikan.

2.

28.401.264.040

1.398.973.458.888

807.265.432.035

Perusahaan mulai menggunakan bahan baku impor serta

mengerjakan dan akan terus mengembangkan proyek yang berlokasi

di luar negeri, sehingga Perusahaan akan menanggung risiko

perubahan nilai tukar valuta asing.

-

-




Value

-

770.952.013.666

2.396.801.813.562 - 2.396.801.813.562

176.080.053.397 - 176.080.053.397

202.500.000.000

Jumlah / Total

Jatuh Tempo, Tetapi

Tidak mengalami

Penurunan Nilai /

Over Due/No

Impairment in Value

3.025.394.461.065

-

-

2.156.418.210.274




Value

Jumlah / Total

216






56.

3. Risiko Tingkat Suku Bunga Interest Rate Risk

4. Risiko Kenaikan Harga Dan Ketersediaan Bahan Baku. The Price Increase Risk And Availability of Materials.

5. Risiko Likuiditas Liquidity Risk

Utang Bank Jangka Pendek Short Term Bank Loans

Utang Non Bank Non Bank Loans


Surat Berharga Jangka Medium Term Note

Uang Muka Pemberi Kerja Advance from Project

dan Konsumen Owners and Consumers

Utang Sewa Guna Usaha Leasing Payable

Utang Jangka Pendek Lainnya Other Short Term Liabilities

Utang Jangka Panjang Long Term Liabilities

Utang Obligasi Bonds Payable Principle


53.109.236.548

663.997.243.784 663.997.243.784

- 998.918.404.104 998.918.404.104

427.473.445.066

30 Juni / June 2016

<= 1 tahun / year

Hal ini tidak menjamin bahwa estimasi tersebut tepat. Risiko

kenaikan harga bahan baku akan mempengaruhi peningkatan beban

pokok penjualan yang jika tidak diimbangi efisiensi maka dapat

berakibat secara negatif pada laba kotor Perusahaan.

Perusahaan tidak terekspose secara signifikan terhadap risiko

tingkat suku bunga pinjaman, namun demikian Perusahaan tetap

melakukan monitoring secara ketat terhadap kemungkinan terjadinya

perubahan suku bunga pinjaman.

1.130.000.000.000

Menengah

815.096.858.719 1.024.488.467.539 1.839.585.326.258

18.506.924.693 34.602.311.855

56. FINANCIAL RISK MANAGEMENT (continued)

Dalam pembuatan Rencana Anggaran Biaya untuk suatu proyek,

estimasi biaya mengacu kepada informasi dari pemasok dan juga

proyek sejenis yang pernah ditangani.

800.000.000.000

Risiko likuiditas merupakan risiko Perusahaan tidak dapat

memenuhi liabilitasnya pada saat jatuh tempo.

1.892.285.482.963

911.695.286.919 - 911.695.286.919

6.046.004.701.958 86.531.532.254 6.132.536.234.212

-

1.892.285.482.963 -

This does not guarantee that the estimate is correct. The risk of raw material price

increases will affect the increase in cost of goods sold which if not offset the

efficiency it could result in a negative way on the Company's gross profit.

Perusahaan memonitor secara ketat arus kas masuk dan arus kas

keluar untuk memastikan tersedianya dana untuk memenuhi

kebutuhan pembayaran liabilitas yang jatuh tempo.

Berikut ini adalah ikhtisar umur liabilitas keuangan berdasarkan

pembayaran kontraktual yang tidak didiskontokan:

The following is aging summary of financial liabilities based on undiscounted

contractual payments:

The Company is not significantly exposed to interest rate risks of loans, the

Company nevertheless remained closely monitoring the possibility of changes in

interest rates.

3.

4.

5.

In the Budget Plan for the project, estimated costs refer to the information from

suppliers as well as similar projects ever handled.

> 1 tahun / year Jumlah / Total

MANAJEMEN RISIKO KEUANGAN (lanjutan)

131.695.697.659 - 131.695.697.659

Liquidity risk is the risk when the Company unable to meet liabilities as the due falls.

The company closely monitors cash inflows and outflows to ensure the availability of

funds to meet the needs of a liability payments are due.

427.473.445.066

330.000.000.000

217






56.


























Surat Berharga Jangka Menengah Medium Term Note








447.129.872.292

998.635.662.420

- - -


22.733.559.982

121.512.083.409

836.765.869.417

6.300.346.259.390 6.174.347.511.443 125.998.747.947

- 330.000.000.000 330.000.000.000

1.346.418.117.593

<= 1 tahun / year

401.594.722.960

-

-

40.323.641.957


- 330.000.000.000

998.635.662.420

- 490.205.114.082 490.205.114.082

22.733.559.982

622.848.893.032 830.416.264.838

- 698.318.179.052 698.318.179.052

14.492.096.002 25.831.545.955 40.323.641.957

426.665.325.116

114.704.178.590 114.704.178.590

-

697.645.031.616

1.453.265.157.870

891.867.808.044

426.665.325.116

674.830.453.584

Jumlah / Total

6.457.214.708.237

330.000.000.000

Menengah

6.578.726.791.646

330.000.000.000

- 674.830.453.584

> 1 tahun / year

7.230.658.411.483

Menengah

-

534.449.224.022 534.449.224.022

-

1.346.418.117.593

-

MANAJEMEN RISIKO KEUANGAN (lanjutan) 56. FINANCIAL RISK MANAGEMENT (continued)

25.831.545.955 14.492.096.002

68.096.467.462 68.096.467.462

401.594.722.960

> 1 tahun / year Jumlah / Total

7.485.177.744.794

1.609.424.754.185 911.779.722.569

- 697.800.695.683 697.800.695.683

Jumlah / Total


<= 1 tahun / year

- 15.945.934.349

836.765.869.417

107.824.269.885

-

<= 1 tahun / year > 1 tahun / year

107.824.269.885 -

26.863.959.154 - 26.863.959.154

15.945.934.349

90.272.675.826

-

577.416.551.525 788.432.194.266 1.365.848.745.791

447.129.872.292

Menengah

891.867.808.044

-

330.000.000.000

218






57.

18.506.924.693 14.492.096.002

Nilai tercatat/

Carrying amount

2.171.298.980.184

228.050.000.000

10.038.584.156.992

12.437.933.137.176

787.024.728

128.549.050.000

113.130.298.153

12.680.399.510.057

242.466.372.881

2016

2016

Nilai tercatat/

Carrying amount

14.492.096.002

9.264.561.732.729

2.803.980.769.882

6.132.536.234.212

134.499.003.642

330.000.000.000

18.506.924.693

9.419.522.932.429

Jumlah aset keuangan / Total financial assets 12.680.399.510.057

3.025.394.461.065

276.900.000.000

12.323.312.335.992

Jumlah liabilitas keuangan jangka pendek / Total

current financial liabilities

9.419.522.932.429 9.264.561.732.729

Properti Investasi / Investment Property 113.130.298.153 113.375.946.005

Jumlah aset keuangan tidak lancar / Total non-

current financial assets

242.466.372.881 187.962.020.733

Perseroan memiliki berbagai aset keuangan seperti piutang usaha dan

piutang lain-lain, kas dan setara kas, dan kas yang dibatasi dan tidak

dibatasi penggunaannya, yang timbul secara langsung dari kegiatan

usaha Perseroan. Liabilitas keuangan pokok Perseroan, selain derivatif,

terdiri dari pinjaman, utang obligasi dan sukuk, utang pengadaan, utang

usaha dan lain-lain. Perusahaan juga mengadakan transaksi derivatif,

terutama swap valuta asing, swap tingkat suku bunga dan kontrak

forward valuta asing dengan tujuan untuk mengelola risiko valuta asing

dan suku bunga yang berasal dari pinjaman dan utang obligasi dan

liabillitas keuangan lain-lain Perusahaan dalam mata uang asing.

Tabel berikut menyajikan nilai tercatat dan taksiran nilai wajar dari

instrumen keuangan Perseroan yang dicatat di laporan posisi keuangan

konsolidasian:

The Company has various financial assets such as trade and other receivables,

restricted and unrestricted cash and cash equivalents and others, which arise

directly from The Company's operations. The Company's principal financial liabilities,

other than derivatives, consist of loans, bonds payable and sharia bonds,

procurement payable, trade payables and others. The Company also enters into

derivative transactions, primarily interest rate swaps and currency forward contracts,

for the purpose of managing its foreign exchange and interest rate exposures

originating from the Company's loan and bond payable and other financial liabilities

in foreign currencies.

Fair Value Carrying amount

2.171.298.980.184 3.025.394.461.065

2015

Nilai Wajar/

Fair Value

57.

Kas dan setara kas / Cash and cash equivalents

Investasi Jangka Pendek / Short Term Investment

Nilai Wajar/ Nilai tercatat/

ASET DAN LIABILITAS KEUANGAN FINANCIAL ASSET AND LIABILITIES

The following table sets forth the carrying values and estimates fair value of The

Company's financial instruments that are carried in the consolidated statement of

financial position:

8.833.055.854.195

787.024.728

128.549.050.000

787.024.728

73.799.050.000

12.437.933.137.176 12.437.933.137.176

Pinjaman - bagian jangka pendek / Current maturities of

borrowings:

Pinjaman / Loans payable 134.499.003.642 106.954.129.392

Surat berharga jangka menengah / Medium term notes

Fair Value Carrying amount

Piutang usaha dan lain-lain - bersih/ Trade receivables

and others - net

Jumlah aset keuangan lancar

73.799.050.000

113.375.946.005

12.323.312.335.992

187.962.020.733

2015

Nilai Wajar/

Fair Value

1.657.937.762.541

7.485.177.744.794

106.954.129.392

- 330.000.000.000 -

Nilai Wajar/ Nilai tercatat/

Pinjaman jangka pendek / Short-term loans 2.803.980.769.882 1.657.937.762.541

Utang usaha / Trade payables 6.132.536.234.212 7.485.177.744.794

228.050.000.000 276.900.000.000

10.038.584.156.992

Aset keuangan tidak Lancar / Non-current financial

assets

Piutang lain-lain - bersih/ Others receivables - net

Investasi jangka panjang / Long-term investments

787.024.728

8.833.055.854.195

12.437.933.137.176


Liabilitas keuangan jangka pendek / Current financial

liabilities

Aset keuangan lancar / Current Financial Assets

219






57.

Aset dan liabilitas keuangan jangka pendek

- -

- - Derivative financial instruments

2016 2015

Nilai tercatat/ Nilai Wajar/ Nilai tercatat/ Nilai Wajar/

Carrying amount Fair Value Carrying amount Fair Value

Jumlah liabilitas keuangan / Total financial liabilities

ASET DAN LIABILITAS KEUANGAN (Lanjutan) 57. FINANCIAL ASSET AND LIABILITIES (Continued)

Pinjaman/ Loans payable

Liabilitas keuangan jangka panjang / Total current

financial liabilities

Pinjaman setelah dikurangi bagian jangka pendek/

Borrowings, net of current maturities

Surat berharga jangka menengah / Medium term notes 800.000.000.000 330.000.000.000

Utang Sewa Guna Usaha / Leasing Payable 34.602.311.855 25.831.545.955

These derivatives are measured at their fair values, computed using

discounted cash flows based on observable market inputs which include

interest rate yield curves and payment dates. Interest rate swap contracts are

measured using Level 2 of Fair Value Hierarchy.

These derivatives are measured at their fair values, computed using

discounted cash flows based on observable market inputs which include

foreign exchange rates, payment dates and the spot price of the underlying

instruments. Currency forward contracts are measured using Level 2 of Fair

Value Hierarchy.

Jumlah liabilitas keuangan jangka panjang / Total

non-current financial liabilities

2.524.048.084.554 1.938.916.432.397

(*) Lain-lain termasuk uang muka pelanggan, liabilitas derivative dan liabilitas keuangan jangka pendek lain-lain/

Others balance comprise of deposits from customers, derivative liabilities and other current financial liabilities

(**) Lain-lain termasuk utang pihak berelasi Dan Liabilitas keuangan jangka panjang lain-lain/

Others balance comprise of due to related parties and other non-current financial liabilities

The fair values of the financial assets and liabilities are presented at the price that

would be received to sell an asset or paid to transfer a liability in an orderly

transaction between market participants at the measurement date.

The following methods and assumptions are used to estimate the fair value of each

class of financial instruments for which it is practicable to estimate such value:

Interest rate swap contract's

Short-term financial assets and liabilities

Instrumen keuangan derivatif

Kontrak swap tingkat suku bunga

Currency forward contracts Kontrak forward valuta asing

663.997.243.784

998.918.404.104

800.000.000.000

34.602.311.855

2.497.517.959.743

11.917.040.892.172

584.449.224.022

1.001.302.981.286

330.000.000.000

25.831.545.955

1.941.583.751.263

11.206.145.483.991

663.997.243.784 584.449.224.022

Utang obligasi / Bonds payable 1.025.448.528.915 998.635.662.420

11.943.571.016.983 11.203.478.165.126

Nilai wajar dari aset dan liabilitas keuangan disajikan dalam jumlah yang

akan diterima untuk menjual suatu aset atau harga yang akan dibayar

untuk mengalihkan suatu liabilitas dalam transaksi teratur antara pelaku

pasar pada tanggal pengukuran.

Metode dan asumsi berikut ini digunakan untuk mengestimasi nilai wajar

untuk setiap kelompok instrumen keuangan yang praktis untuk

memperkirakan nilai tersebut:

Nilai wajar instrumen keuangan ini mendekati nilai tercatat

dikarenakan jatuh tempo dalam jangka waktu yang pendek.

These financial instruments approximate their carrying amounts largely due to

their short- term maturities.

Instrumen keuangan jangka pendek dengan jatuh tempo satu tahun

atau kurang, terdiri dari kas dan setara kas, bagian lancar atas kas

yang dibatasi penggunaannya, piutang usaha dan piutang lain-lain,

aset keuangan lancar lainnya, pinjaman jangka pendek, utang

usaha, utang pengadaan, akrual, uang muka pelanggan dan liabilitas

keuangan jangka pendek lain-lain.

Short-term financial instruments with remaining maturities of one year or less,

which comprise of cash and cash equivalents, short term portion of restricted

cash, trade and other receivables, other current financial assets, short-term

loans, trade payables, procurement payable, accrued expenses, deposits

from customers and other current financial liabilities.

Derivatif ini diukur pada nilai wajarnya, dihitung menggunakan

diskonto arus kas berdasarkan masukan dari pasar yang dapat

diamati yang (interest rate Kontrak swap tingkat suku bunga ini

diukur meliputi kurva imbalan suku bunga yield curves)

menggunakan Level 2 dalam hirarki nilai wajar.

Derivatif ini diukur pada nilai wajarnya, dihitung menggunakan

diskonto arus kas berdasarkan input dari pasar yang dapat diamati

yang meliputi nilai tukar mata uang asing, tanggal-tanggal

pembayaran dan harga spot dari instrumen yang dijadikan acuan

(underlying instruments). Kontrak forward valuta asing ini diukur

menggunakan Level 2 dalam hirarki nilai wajar.

220






57.

Long-term financial assets and liabilities

- -

- -

- Level 1 - - Level 1 -



ASET DAN LIABILITAS KEUANGAN (Lanjutan) 57.

Liabilitas keuangan jangka panjang dengan suku bunga tetap dan

variabel, terdiri dari pinjaman, kewajiban sewa pembiayaan, sukuk

dan utang obligasi yang tidak dikuotasikan.

The fair value of these financial liabilities that are not traded in active market

is determined by discounting future cash flows using applicable rates from

observable current market transactions for instruments with similar terms,

credit risk and remaining maturities. These instruments are included in Level

2.

Nilai wajar dari utang obligasi dan sukuk dengan harga kuotasian

diukur berdasarkan harga pasar kuotasian pada tanggal posisi

keuangan. Instrumen ini diklasifikasikan dalam Level 1.

The fair value of quoted bonds and sharia bonds payable is based on quoted

market prices at the financial position date. These instruments are included in

Level 1.

Aset dan liabilitas keuangan jangka panjang lain- lain, terdiri dari

piutang/utang pihak berelasi, investasi jangka panjang, investasi

pada entitas asosiasi, kewajiban sewa pembiayaan dan aset/liabilitas

keuangan lain-lain tidak lancar.

Long-term fixed-rate and variable-rate financial liabilities, which comprise of

unquoted loans, obligations under finance lease, sharia bonds and bonds

payable.

Aset dan liabilitas keuangan jangka panjang

Other long-term financial assets and liabilities, which comprise of due from/to

related parties, long-term investments, obligations under finance lease and

other non-current financial assets/liabilities.

Estimated fair value is based on discounted value of future cash flows

adjusted to reflect counterparty risk (for financial assets) and the

liabilities). Due from/to related parties, obligations under finance lease, other

non- current financial liabilities and other non- current financial assets are

measured using Level 2 while long-term investments classified as available

for sale whose fair values cannot be reliably measured are measured using

Level 3 of Fair Value Hierarchy which represent consideration payment or

cost.

Estimasi nilai wajar didasarkan pada nilai diskonto dari arus kas

masa datang yang disesuaikan untuk mencerminkan risiko pihak

dalam perjanjian (untuk aset keuangan) dan risiko kredit Perseroan

(untuk liabilitas keuangan). Piutang/utang pihak berelasi, liabilitas

sewa pembiayaan, liabilitas keuangan lain-lain jangka panjang dan

aset keuangan lain-lain jangka panjang, diukur menggunakan Level

2 sedangkan investasi jangka panjang yang diklasifikasikan sebagai

investasi tersedia untuk dijual yang nilai wajarnya tidak dapat diukur

secara andal diukur menggunakan Level 3 dalam hirarki nilai wajar

yang mencerminkan harga perolehan yang dibayar.

Nilai wajar dari liabilitas keuangan ini yang tidak diperjualbelikan

pada pasar aktif ditentukan dengan mendiskontokan arus kas masa

datang menggunakan suku bunga yang berlaku dari transaksi pasar

kini yang dapat diobservasi untuk instrumen dengan persyaratan,

risiko kredit dan jatuh tempo yang sama. Instrumen ini diukur

menggunakan Level 2.

FINANCIAL ASSET AND LIABILITIES (Continued)

Aset dan liabilitas keuangan diklasifikasikan secara keseluruhan

berdasarkan tingkat terendah dari masukan (input) yang signifikan

terhadap pengukuran nilai wajar. Penilaian dampak signifikan dari suatu

input tertentu terhadap pengukuran nilai wajar membutuhkan

pertimbangan dan dapat mempengaruhi penilaian dari aset dan liabilitas

yang diukur dan penempatannya dalam hirarki nilai wajar. Hirarki nilai

wajar terdiri dari sebagai berikut:

Financial assets and liabilities are classified in their entirety based on the

lowest level of input that is significant to the fair value measurements. The

assessment of the significance of a particular input to the fair value

measurements requires judgement, and may affect the valuation of the assets

and liabilities being measured and their placement within the fair value

hierarchy. The fair value hierarchy consists as follows:

Harga pasar yang dikuotasikan (tidak disesuaikan) di pasar

aktif untuk aset atau liabilitas yang sama

Quoted (unadjusted) market prices in active markets for identical

assets or liabilities

Teknik penilaian dimana tingkat terendah dari input yang

signifikan terhadap pengukuran nilai wajar yang dapat

diobservasi secara langsung maupun tidak langsung;

Valuation techniques for which the lowest level input that is

significant to the fair value measurement is directly or indirectly

observable;

Teknik penilaian dimana tingkat terendah dari input yang

signifikan terhadap pengukuran nilai wajar tetapi tidak dapat

diobservasi

Valuation techniques for which the lowest level input that is

significant to the fair value measurement is unobservable.

221






57.

-

-

-

-

-

-

-

(*) Lain-lain termasuk utang pihak berelasi dan liabilitas keuangan jangka panjang lain-lain/ Others balance comprise of due to related parties and other non-current


-

Properti Investasi / Investment Property 113.130.298.153 - - 113.130.298.153

242.466.372.881 - 787.024.728 241.679.348.153

Liabilitas yang nilai wajarnya diungkapkan/ Liabilities

whivch fair values are disclosed:

Pinjaman jangka pendek / Short-term loans

Investasi Jangka Panjang / Long-Term Investment -


Aset yang nilai wajarnya diungkapkan/ Assets


Piutang lain-lain - bersih/ Others receivables - net 787.024.728 - 787.024.728 -

Investasi jangka panjang / Long-term investments 128.549.050.000 - - 128.549.050.000

- -

Bukti terbaik dari nilai wajar adalah harga yang dikuotasikan (quoted

prices) dalam sebuah pasar yang aktif. Jika pasar untuk sebuah

instrumen keuangan tidak aktif, entitas menetapkan nilai wajar dengan

menggunakan teknik penilaian. Tujuan dari penggunaan teknik penilaian

adalah untuk menetapkan harga transaksi yang terbentuk pada tanggal

pengukuran dalam sebuah transaksi pertukaran yang wajar dengan

pertimbangan bisnis normal. Teknik penilaian termasuk penggunaan

harga dalam transaksi pasar yang wajar (arm's length) terakhir antara

pihak-pihak yang memahami dan berkeinginan, jika tersedia, referensi

kepada nilai wajar terkini dari instrumen lain yang secara substansial

sama, analisa arus kas yang didiskontokan dan model harga opsi (option

pricing model). Jika terdapat teknik penilaian yang biasa digunakan oleh

para peserta pasar untuk menentukan harga dari instrumen dan teknik

tersebut telah didemonstrasikan untuk menyediakan estimasi yang andal

atas harga yang diperoleh dari transaksi pasar yang aktual, entitas

menggunakan teknik tersebut. Teknik penilaian yang dipilih

memanfaatkan sebanyak mungkin atas input pasar dan sedikit mungkin

atas input yang spesifik untuk entitas (entityspecific inputs). Teknik

tersebut memperhitungkan semua faktor yang akan dipertimbangkan

oleh peserta pasar dalam menentukan sebuah harga dan selaras

dengan metode ekonomis yang dapat diterima untuk penilaian suatu

instrumen keuangan.

The best evidence of fair value is quoted prices in an active market. If the

market for a financial instrument is not active, an entity establishes fair value

by using a valuation technique. The objective of using a valuation technique is

to establish what the transaction price would have been on the measurement

date in an arm's length exchange motivated by normal business

considerations. Valuation techniques include using recent arm's length market

transactions between knowledgeable, willing parties, if available, reference to

the current fair value of another instrument that is substantially the same,

discounted cash flow analysis and option pricing models. If there is a

valuation technique commonly used by market participants to price the

instrument and that technique has been demonstrated to provide reliable

estimates of prices obtained in actual market transactions, the entity uses that

technique. The chosen valuation technique makes maximum use of market

inputs and relies as little as possible on entity-specific inputs. It incorporates

all factors that market participants would consider in setting a price and is

consistent with accepted economic methodologies for pricing financial

instruments

Hirarki pengukuran nilai wajar Perseroan adalah sebagai berikut: The Company's fair value measurement hierarchy is as follows:

Total Level 1 Level 2 Level 3

2016

Aset yang diukur pada nilai wajar:/ Asset measured

at fair values:

Pinjaman / Loans payable 134.499.003.642 - 134.499.003.642 -

Surat berharga jangka menengah / Medium term

notes

330.000.000.000 330.000.000.000 - -

Utang Sewa Guna Usaha / Leasing Payable 18.506.924.693 - 18.506.924.693 -

Pinjaman setelah dikurangi - bagian jangka pendek: /

Borrowings, net of Current maturities:

663.997.243.784 - 663.997.243.784 -

1.025.448.528.915 1.025.448.528.915 - -

800.000.000.000 800.000.000.000 - -


3.007.054.012.889 2.155.448.528.915 851.605.483.974 -

-

Surat berharga jangka menengah / Medium term

notes

Utang obligasi / Bonds payable

Pinjaman / Loans payable

222






57.

-

-

-

-

-

-

-

(*)

58.

59.




113.375.946.005

187.962.020.733 - 787.024.728 187.174.996.005

-

- -

Informasi keuangan PT PP (Persero), Tbk (induk perusahaan saja)

menyajikan investasi Perseroan pada entitas anak berdasarkan metode

biaya, dan bukan menggunakan metode ekuitas atau metode

konsolidasi.

Financial information PT PP (Persero), Tbk (parent company only) presents the

Company's investment in subsidiaries under the cost method, and not using the

equity method or consolidation method.

Manajemen Perseroan bertanggung jawab atas penyusunan Laporan

Keuangan yang diselesaikan pada tanggal 5 Agustus 2016

The Management is responsible for preparing the financial statements which was

completed on 05 August 2016.

ADDITIONAL INFORMATION INFORMASI TAMBAHAN 59.

58. RESPONSIBILITY OF THE MANAGEMENTTANGGUNG JAWAB MANAJEMEN ATAS LAPORAN KEUANGAN

Piutang lain-lain - bersih/ Others receivables - net 787.024.728 - 787.024.728 -

Investasi jangka panjang / Long-term investments 73.799.050.000 - - 73.799.050.000

Aset yang diukur pada nilai wajar:/ Asset measured

at fair values:

Investasi Jangka Panjang / Long-Term Investment - - -

Properti Investasi / Investment Property 113.375.946.005 - -

106.954.129.392 - 106.954.129.392 -

- - - -

14.492.096.002 - 14.492.096.002 -

Pinjaman setelah dikurangi - bagian jangka pendek: /

Borrowings, net of Current maturities:


Utang obligasi / Bonds payable 1.001.302.981.286 1.001.302.981.286

Lain-lain termasuk utang pihak berelasi dan liabilitas keuangan jangka panjang lain-lain/ Others balance comprise of due to related parties and other non-current


Liabilitas yang nilai wajarnya diungkapkan/ Liabilities


Pinjaman jangka pendek / Short-term loans



584.449.224.022 - 584.449.224.022 -

330.000.000.000 330.000.000.000 - -


2.063.029.976.657 1.331.302.981.286 731.726.995.371 -

2015

Total Level 1 Level 2 Level 3

Aset yang nilai wajarnya diungkapkan/ Assets


223

PT PP (PERSERO) Tbk. PT PP (PERSERO) Tbk.INFORMASI KEUANGAN ENTITAS INDUK PARENT ENTITY FINANCIAL INFORMATION

LAPORAN POSISI KEUANGAN ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION





ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan Setara Kas 1.895.931.463.064 2.524.313.394.050 1.993.501.995.752 2.058.576.317.083 Cash and Cash Equivalents

Investasi Jangka Pendek 77.800.000.000 62.700.000.000 62.700.000.000 62.700.000.000 Short-Term Investments

Piutang Usaha - setelah dikurangi Account Receivables - net of

penurunan nilai wajar piutang usaha impairment of account receivable

Pihak Ketiga 1.112.680.575.002 854.129.471.233 1.407.355.821.313 1.012.735.347.273 Third Parties


Piutang Retensi - setelah dikurangi Retention Receivables - net of

penurunan nilai wajar piutang retensi impairment of retention receivable



Tagihan Bruto Kepada Pemberi Kerja dikurangi Gross Receivables from Project Owners net

penurunan nilai wajar tagihan bruto of impairment of gross receivable


Pihak-Pihak Berelasi 2.191.453.108.629 2.158.804.877.340 1.058.978.551.779 2.222.283.113.414 Related Parties

Piutang Lain-Lain Other Receivables

Pihak Ketiga 52.598.622 95.261.126 25.779.802.573 26.196.581.483 Third Parties


Persediaan 1.036.959.801.538 977.872.220.373 950.534.503.136 832.967.869.037 Inventories

Uang Muka Ventura Bersama 3.000.000.000 3.000.000.000 156.073.913.556 159.673.913.556 Advance Payments of Joint Venture

Uang Muka 231.032.948.133 25.365.040.936 112.102.800.500 99.104.847.224 Advances

Pajak Dibayar Dimuka 291.446.033.898 400.862.073.338 456.601.556.290 560.431.080.749 Prepaid Taxes

Beban Dibayar Dimuka 378.577.571.630 190.182.447.473 232.694.103.716 173.760.868.842 Prepaid Expenses

Jaminan 25.926.763.717 22.492.397.551 12.134.362.889 1.826.199.962 Guarantees

Jumlah Aset Lancar 11.395.893.483.576 11.281.872.619.799 10.643.272.440.002 10.077.600.783.326 Total Current Assets

ASET TIDAK LANCAR NON CURRENT ASSETS

Piutang Lain-lain 787.024.728 787.024.728 787.024.728 787.024.728 Other Receivables

Piutang Kepada Entitas Anak 1.094.902.076.635 1.019.938.446.677 451.013.564.089 373.813.839.080 Receivables to Subsidiary

Investasi Pada Entitas Anak 1.057.872.360.521 1.057.872.360.521 1.057.872.360.521 996.483.187.598 Investment in Subsidiary Company

Investasi Pada Entitas Asosiasi 396.884.035.052 248.634.035.052 123.893.344.309 70.218.545.578 Investment in Associated Company

Investasi Jangka Panjang Lainnya 123.168.050.000 68.418.050.000 62.418.050.000 37.918.050.000 Long Term Investment Others

Properti Investasi - setelah dikurangi Investment Property

akumulasi penyusutan 113.375.946.005 113.375.946.005 2.875.843.950 7.295.014.236 accumulated depreciation

Aset Tetap - setelah dikurangi Fixed Assets - net of

akumulasi penyusutan 873.253.021.306 827.645.391.844 76.544.631.685 74.835.819.533 accumulated depreciation

Jumlah Aset Tidak Lancar 3.660.242.514.247 3.336.671.254.827 1.775.404.819.282 1.561.351.480.753 Total Non Current Assets

JUMLAH ASET 15.056.135.997.823 14.618.543.874.626 12.418.677.259.284 11.638.952.264.079 TOTAL ASSETS

Lampiran 1 / Appendix 1


LAPORAN POSISI KEUANGAN ENTITAS INDUK STATEMENTS OF FINANCIAL POSITION





LIABILITAS JANGKA PENDEK CURRENT LIABILITIES



Pihak-Pihak Berelasi 1.491.686.527.953 1.033.477.765.354 717.924.580.551 764.377.213.048 Related Parties

Utang Non Bank 900.500.000.000 365.700.000.000 507.000.000.000 100.000.000.000 Non Bank Loans




Utang Pajak 40.857.942.657 45.336.595.980 28.965.152.610 49.141.873.595 Taxes Payable

Liabilitas Pajak Penghasilan Final 230.104.485.435 200.443.957.302 181.463.286.002 173.691.023.356 Final Income Tax Liabilities

Pendapatan Diterima Dimuka 2.360.355.798 3.798.658.752 6.746.377.601 1.359.921.796 Unearned Revenue

Beban Yang Masih Harus Dibayar 231.678.517.731 231.078.867.776 251.594.930.248 207.698.803.149 Accrued Expenses

Bagian Liabilitas Jangka Panjang Yang

Jatuh Tempo dalam Waktu Satu Tahun Current Portion of Long Term Liabilities

Surat Berharga Jangka Menengah - - - 530.000.000.000 Medium Term Notes

682.992.311.693 607.853.148.379 555.147.850.025 490.016.787.670

Utang Jangka Pendek Lainnya 117.069.473.694 55.348.230.441 9.984.302.117 15.892.515.861 Other Short Term Liabilities

Utang Kepada Entitas Anak - - 72.391.184.445 56.399.111.470 Subsidiaries Short Term Liabilities

Jumlah Liabilitas Jangka Pendek 8.828.453.245.096 8.960.512.659.017 8.388.693.724.913 8.203.535.486.566 Total Current Liabilities

LIABILITAS JANGKA PANJANG NON CURRENT LIABILITIES

Liabilitas Program Imbalan Kerja - - - - Liabilities of Employment Benefits

Liabilitas Jangka Panjang setelah Dikurangi

Yang Jatuh Tempo dalam Waktu Satu Tahun Long-Term Liabilities Net of Current Portion

Surat Berharga Jangka Menengah 600.000.000.000 300.000.000.000 300.000.000.000 - Medium Term Notes

1.024.488.467.539 911.779.722.569 832.721.775.038 804.372.884.519

Utang Obligasi 998.918.404.104 998.635.662.420 698.318.179.052 697.800.695.683 Bond Payable

Utang Jangka Panjang Lainnya 24.859.570.066 44.515.997.292 47.299.318.031 15.945.934.349 Other Long Term Liabilities

Jumlah Liabilitas Jangka Panjang 2.648.266.441.709 2.254.931.382.281 1.878.339.272.121 1.518.119.514.551 Total Non Current Liabilities

Jumlah Liabilitas 11.476.719.686.805 11.215.444.041.298 10.267.032.997.034 9.721.655.001.117 Total Liabilities

EKUITAS SHAREHOLDERS EQUITY

Equity attributable to:

Pemilik Entitas Induk Owners of the Company

Modal Dasar - 15.000.000.000 Saham Authorized Capital-15,000,000,000 shares

484.243.650.000 484.243.650.000 484.243.650.000 484.243.650.000

Tambahan Modal Disetor 468.018.090.364 468.018.090.364 462.018.090.364 462.356.846.439 Additional Paid-in Capital

Pengukuran Kembali Program Pensiun Imbalan Pasti (34.383.252.911) (30.703.022.764) (29.322.995.961) (16.064.533.987) Remeasurement Employee Benefit Pension Program

Keuntungan Revaluasi Aset Tetap 844.592.997.965 817.759.484.487 Gain of Fixed Asset Revaluation

Saldo Laba : Retained Earnings :

Ditentukan Penggunaannya 1.563.849.759.530 1.157.822.272.686 867.445.667.166 581.449.512.296 Appropriated

Belum Ditentukan Penggunaannya 253.095.066.070 505.959.358.555 367.259.850.681 405.311.788.214 Unappropriated

Jumlah 1.816.944.825.600 1.663.781.631.241 1.234.705.517.847 986.761.300.510 Total

Jumlah Ekuitas 3.579.416.311.018 3.403.099.833.328 2.151.644.262.250 1.917.297.262.962 Total Shareholders Equity

TOTAL LIABILITIES AND

JUMLAH LIABILITAS DAN EKUITAS 15.056.135.997.823 14.618.543.874.626 12.418.677.259.284 11.638.952.264.079 SHAREHOLDERS EQUITY


Modal Saham - Nilai Nominal Rp100 per 30



Modal Ditempatkan dan Disetor 4.842.436.500

saham masing-masing per 30 Juni 2016 dan

31 Desember 2015, serta 31 Desember 2014

dan 2013

Issued and Paid Up Capital 4,842,436,500

shares each as of 30 June 2016 and 31

December 2015, and 31 December 2014 and

2013

Share Capital-par value IDR100 per share as

at 30 June 2016 and 31 December 2015, and



Konsumen

Advances from Project Owners and

Consumers

Ekuitas yang dapat diatribusikan kepada:


Konsumen

Advances from Project Owners and

Consumers

PT PP (PERSERO) Tbk PT PP (PERSERO) Tbk.INFORMASI KEUANGAN ENTITAS INDUK PARENT ENTITY FINANCIAL INFORMATION

LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN ENTITAS INDUK PARENT ENTITY STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME








Pendapatan Usaha 5.438.182.188.879 4.168.059.327.444 11.863.470.866.495 11.233.685.212.592 10.947.965.030.650 Operating Revenues

Beban Pokok Penjualan (4.873.528.727.376) (3.772.710.483.066) (10.490.272.039.704) (10.003.320.707.026) (9.733.589.666.440) Cost of Goods Sold

Laba Kotor 564.653.461.503 395.348.844.378 1.373.198.826.791 1.230.364.505.566 1.214.375.364.210 Gross Profit

Beban Usaha Operating Expenses

Pegawai 122.528.181.894 115.518.022.981 235.627.970.775 170.503.553.571 124.187.544.157 Employees

Umum 41.112.348.938 29.942.144.446 77.194.698.626 57.977.490.751 44.700.556.136 General

Penyusutan 1.300.042.578 763.831.068 1.551.961.344 1.547.042.190 4.691.595.514 Depreciation

Pemasaran 1.804.659.130 1.682.672.153 3.781.413.782 2.871.616.488 3.462.759.972 Marketing

Jumlah Beban Usaha 166.745.232.540 147.906.670.648 318.156.044.527 232.899.703.000 177.042.455.779 Total Operating Expenses

Laba Usaha 397.908.228.963 247.442.173.730 1.055.042.782.264 997.464.802.566 1.037.332.908.431 Operating Income

Pendapatan (Beban) Lain-lain: Others Income (Expenses)

Pendapatan Lainnya 79.793.516.501 54.444.255.144 124.791.033.888 30.709.368.180 3.533.627.925 Other Income

Beban Lainnya (15.114.307.605) (24.336.140.014) (51.293.348.805) (30.166.753.837) (33.556.313.999) Other Expenses

Beban Penurunan Nilai Piutang (9.344.695.469) (27.918.080.387) (63.701.185.370) (79.411.229.354) (106.934.444.957) Impairment

Beban Pendanaan / Bunga (68.263.019.498) (62.011.989.864) (287.448.979.192) (293.211.967.281) (261.834.514.939) Funding / Interest Expenses

Bagian Laba Ventura Bersama 35.356.044.470 9.487.035.854 65.839.092.299 69.214.519.785 90.084.131.326 Profit From Joint Venture

Bagian Laba Entitas Asosiasi - - 46.190.743 1.374.798.731 1.473.266.866 Income From Associated Company

Laba Sebelum Pajak Penghasilan 420.335.767.362 197.107.254.463 843.275.585.827 695.973.538.790 730.098.660.653 Profit Before Income Tax

Taksiran Pajak Penghasilan Estimation Income Tax

Pajak Final (167.240.701.292) (122.224.368.052) (337.316.227.272) (328.713.688.109) (324.976.894.101) Final Income Tax

Laba Tahun Berjalan dari Operasi

Yang Dilanjutkan 253.095.066.070 74.882.886.411 505.959.358.555 367.259.850.681 405.121.766.552

Penghasilan Komprehensif Lain Other Comprehensive Income

Pos Yang Tidak Akan Direklasifikasi ke

Laba (Rugi)

Post That Will Not Be Reclassified to

Income (Loss )

Keuntungan Revaluasi Aset Tetap 28.132.200.000 843.029.515.121 - - Gain of Fixed Asset Revaluation

(3.680.230.147) (10.399.442.050) (1.380.026.803) (13.258.461.974) (2.490.858.837)

(1.298.686.522) (25.270.030.634)

23.153.283.331 (10.399.442.050) 816.379.457.684 (13.258.461.974) (2.490.858.837)

Pos Yang Akan Direklasifikasi ke Laba

(Rugi)

- - Post That Will Be Reclassified to

Income (Loss )

- - - 23.153.283.331 (10.399.442.050) 816.379.457.684 (13.258.461.974) (2.490.858.837)

276.248.349.401 64.483.444.361 1.322.338.816.239 354.001.388.707 402.630.907.715

52 15 104 76 84

Pengukuran Kembali Program Pensiun

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Current Profit of Continued Operations

Pajak Penghasilan Terkait Dengan Pos

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Remeasurement Employee Benefit Pension

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3


LAPORAN ARUS KAS ENTITAS INDUK PARENT ENTITY STATEMENTS OF CASH FLOWS

UNTUK PERIODE ENAM BULAN YANG BERAKHIR 30 JUNI 2016 DAN 2015 AND FOR THE SIX-MONTH PERIODS ENDED 30 JUNE 2016 AND 2015







ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES

Penerimaan Kas dari Pelanggan 5.562.006.908.294 4.591.768.711.906 11.960.088.910.377 11.678.914.987.574 10.039.502.509.929 Cash Receipts from Customers

Pembayaran Kas Kepada : Payments to :

Pemasok dan Subkontraktor (6.672.894.512.437) (6.448.894.888.895) (10.825.055.091.730) (10.954.602.421.309) (9.043.728.398.133) Supplier and Subcontractors

Direksi (3.828.000.000) 3.663.000.000 (7.634.000.000) (7.457.600.000) (5.492.400.000) Directors

Karyawan dan Pihak Ketiga Lainnya (175.588.100.136) (166.620.032.106) (271.986.489.838) (137.737.653.522) (125.233.881.334) Employees and Third Party

Pembayaran Pajak-pajak (469.227.474.891) (347.859.204.198) (539.078.262.740) (232.025.015.573) (320.358.875.068) Taxes Payment

Penerimaan Pajak (Restitusi) 103.177.796.162 302.003.633.090 302.003.633.090 206.061.135.457 116.271.776.936 Taxes Received (Restitution)

Pembayaran Imbalan Pasca Kerja - - (9.866.358.478) (43.417.818.758) Payment of Post Employments

Pembayaran Bunga (82.101.206.670) (82.246.573.783) (319.526.219.158) (316.365.982.767) (257.863.134.065) Payments of Interest Expense

ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES

Penerimaan Investasi Jangka Pendek - - - - 163.442.774.035 Addition in Short - Term Investments

(Pembayaran) Investasi Jangka Pendek (18.534.366.166) (5.246.957.664) (10.358.034.662) (166.382.076.483) (86.562.720.638) (Payment) of Short - Term Investments

Penerimaan Bunga 13.901.229.897 11.430.877.488 19.759.007.996 14.555.589.923 9.641.324.270 Receipts of Clearing Account Interest

(Penambahan) Investasi Pada Entitas Asosiasi (148.250.000.000) (133.440.690.743) (78.165.485.563) (106.400.000.000) Addition of Investment in Associated Company

Pengurangan Investasi Pada Entitas Asosiasi 8.700.000.000 - - Divesment

(Penambahan) Investasi Jangka Panjang

Lainnya

(54.750.000.000) (6.000.000.000) - (12.003.201.241) Addition for Long Term Investment Others

Penambahan Aset: Addition in Assets

Properti Investasi - - 556.535.081 (118.066.292.170) Investment Property

Aset Tetap (14.237.662.725) (3.530.892.781) (45.368.584.665) 3.700.865.243 (11.352.457.953) Fixed Assets

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES

Pembayaran Dividen, Program Kemitraan Payment of Dividend, Partnership & Environment

dan Bina Lingkungan (148.064.636.384) (106.390.160.192) (106.390.160.192) (126.203.302.161) (92.926.356.435) Development Program

Penerimaan Obligasi - 300.000.000.000 300.000.000.000 - 700.000.000.000 Bond Receipt

Pembayaran Biaya Emisi Saham dan Obligasi - (240.000.000) (240.000.000) - - Payment of Issuance of Shares and Bonds

Penerimaan Utang Bank 3.342.505.290.212 2.469.314.187.055 3.810.668.015.648 2.674.862.408.455 2.089.051.990.282 Receipt of Bank Loans

Pembayaran Utang Bank (2.684.296.557.613) (1.865.924.565.551) (3.495.114.830.845) (2.793.764.361.084) (2.154.973.628.933) Payment of Bank Loans

Penambahan Surat Berharga Jangka Menengah 300.000.000.000 200.000.000.000 300.000.000.000 375.000.000.000 448.824.000.000 Additional of Medium Term Notes

Pembayaran Surat Berharga Jangka Menengah - - (300.000.000.000) (605.000.000.000) (598.824.000.000) Payment of Medium Term Notes

Penerimaan Utang Non Bank 900.500.000.000 859.300.000.000 365.700.000.000 507.000.000.000 222.528.448.475 Receipt of Non Bank Loans

Pembayaran Utang Non Bank (365.700.000.000) (507.000.000.000) (547.000.000.000) (100.000.000.000) (49.737.233.077) Payment of Non Bank Loans

1.344.944.096.215 1.349.059.461.312 327.623.024.611 (68.105.254.790) 563.943.220.312

(615.381.292.457) (796.472.865.631) 459.727.202.538 (66.918.735.207) 762.322.426.122

LABA (RUGI) SELISIH KURS (13.000.638.529) 10.481.525.210 71.084.195.760 1.844.413.876 (6.385.853.379)

2.524.313.394.050 1.993.501.995.752 1.993.501.995.752 2.058.576.317.083 1.302.639.744.340

SALDO KAS DAN SETARA KAS - AKHIR 1.895.931.463.064 1.207.510.655.331 2.524.313.394.050 1.993.501.995.752 2.058.576.317.083 CASH AND CASH EQUIVALENTS - ENDING



Aktivitas Pendanaan

Net Cash provided by (used in) Financing

Activities

KENAIKAN (PENURUNAN) BERSIH KAS DAN

SETARA KAS

NET INCREASE (DECREASE) IN CASH AND

CASH EQUIVALENTS

EFFECT OF CHANGES IN FOREIGN

CURRENCIES

SALDO KAS DAN SETARA KAS PADA AWAL

TAHUN

CASH AND CASH EQUIVALENTS -

BEGINNING

Net Cash provided by (used in) Operating

Activities


Aktivitas Investasi (221.870.798.994) 2.653.027.043 (166.708.302.074) (225.734.571.799) (161.300.573.697)

Net Cash provided by (used in) Investing

Activities


Aktivitas Operasi (1.738.454.589.678) (2.148.185.353.986) 298.812.480.001 226.921.091.382 359.679.779.507

Kas yang dihasilkan dari (digunakan untuk)

Operasi

(1.290.303.704.279) (2.020.083.209.095) 855.413.328.809 579.117.312.743 865.047.830.462 Cash provided by (used in) Operating Activities

pt pp (persero) tbk. - idnfinancials

Documents