TRADE RECEIVABLES FinRpt TW3 SMGR LK SMI 30 Sept 2015

DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 56 - Umur piutang usaha adalah sebagai berikut: The aging of trade receivables is as follows: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Lancar 3.056.341.659 2.932.746.406 Current Lewat jatuh tempo: Overdue: 1 - 45 hari 318.633.893 265.438.115 1 - 45 days 46 - 135 hari 238.035.547 63.653.940 46 - 135 days 136 - 365 hari 98.960.686 21.369.235 136 - 365 days Lebih dari 365 hari 97.087.261 90.580.367 Over 365 days 3.809.059.046 3.373.788.063 Dikurangi: Less: Cadangan penurunan nilai 85.883.911 72.540.759 Allowance for impairment losses Jumlah 3.723.175.135 3.301.247.304 Total Piutang usaha yang diungkapkan di atas termasuk jumlah yang telah jatuh tempo pada akhir periode pelaporan dimana Grup tidak mengakui cadangan kerugian penurunan nilai piutang karena belum ada perubahan yang signifikan dalam kualitas kredit dan jumlah piutang masih dapat dipulihkan. Trade receivables disclosed above include amounts that are past due at the end of the reporting period for which the Group has not recognized an allowance for impairment losses because there has not been a significant change in credit quality and the amounts are still considered recoverable. Mutasi cadangan penurunan nilai piutang adalah sebagai berikut: The movements in the provision for impairment of receivables is as follows: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Saldo awal 72.540.759 70.142.933 Beginning balance Penambahan 13.343.152 2.397.826 Addition Saldo akhir 85.883.911 72.540.759 Ending balance Dalam menentukan pemulihan dari piutang usaha, Grup mempertimbangkan setiap perubahan dalam kualitas kredit dari piutang usaha dari tanggal awalnya kredit diberikan sampai dengan akhir periode pelaporan. Konsentrasi risiko kredit terbatas karena basis pelanggan adalah besar dan tidak saling berhubungan. In determining the recoverability of a trade receivable, the Group considers any change in the credit quality of the trade receivable from the date credit was initially granted up to the end of the reporting period. The concentration of credit risk is limited as the customer base is large and unrelated. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 57 - Umur piutang usaha yang diturunkan nilainya: Age of impaired trade receivables: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Lewat jatuh tempo: Overdue: 1 - 45 hari 2.130.921 2.130.921 1 - 45 days 46 - 135 hari 1.253.911 1.253.911 46 - 135 days 136 - 365 hari 2.692.615 1.572.322 136 - 365 days Lebih dari 365 hari 79.806.464 67.583.605 Over 365 days Jumlah 85.883.911 72.540.759 Total Umur piutang usaha yang telah lewat jatuh tempo tetapi belum diturunkan nilainya: Age of past due but not impaired trade receivables: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Lewat jatuh tempo: Overdue: 1 - 45 hari 316.502.972 263.307.194 1 - 45 days 46 - 135 hari 236.781.636 62.400.029 46 - 135 days 136 - 365 hari 96.268.071 19.796.913 136 - 365 days Lebih dari 365 hari 17.280.797 22.996.762 Over 365 days Jumlah 666.833.476 368.500.898 Total Berdasarkan hasil reviu keadaan piutang masing- masing pelanggan pada akhir periode pelaporan, manajemen Grup berkeyakinan bahwa cadangan penurunan nilai telah memadai untuk menutup kemungkinan kerugian atas tidak tertagihnya piutang usaha. Based on a review of the status of the individual receivable accounts at end of reporting period, the management of the Group believes that the allowance for impairment losses is adequate to cover possible losses from uncollectible receivables. Pada 30 September 2015 dan 31 Desember 2014, sebesar 92 dan 93 piutang usaha dijamin dengan jaminan berupa bank garansi, deposito berjangka, asuransi kredit, dan harta berwujud tanah, bangunan dan kendaraan bermotor oleh pelanggan dengan nilai wajar masing-masing sebesar Rp3.427.746.856 dan Rp3.085.178.927. As of June 30, 2015 and December 31, 2014, 92 and 93 of trade receivables is collateralized by bank guarantees, time deposits, credit insurance, and tangible assets land, buildings and vehicles by the customers with total fair value amounting to Rp3,427,746,856 and Rp3,085,178,927, respectively. Manajemen berpendapat bahwa piutang usaha yang telah jatuh tempo tetapi belum diturunkan nilainya memiliki kualitas kredit yang baik. Management believes that trade receivables that are past due but not impaired have good credit quality. Piutang usaha tertentu digunakan sebagai jaminan atas fasilitas pinjaman non-cash loan dan fasilitas kredit investasi Catatan 20. Certain trade receivables are used as collateral for non-cash loan facilities and credit investment facilities Note 20. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 58 - 8. PIUTANG LAIN-LAIN

8. OTHER RECEIVABLES

30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Pihak ketiga 40.290.964 114.771.309 Third parties Dikurangi: Less: Cadangan penurunan nilai 1.923.544 10.968.743 Allowance for impairment losses 38.367.420 103.802.566 Pihak berelasi 32.171.992 27.933.789 Related parties Dikurangi: Less: Cadangan penurunan nilai 1.267.878 427.104 Allowance for impairment losses 30.904.114 27.506.685 Jumlah 69.271.534 131.309.251 Total Rincian transaksi dan saldo dengan pihak berelasi diungkapkan dalam Catatan 42. Details of related party transactions and balances are disclosed in Note 42. Mutasi cadangan penurunan nilai piutang lain-lain adalah sebagai berikut: The movements in the allowance for impairment losses of other receivables is as follows: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Saldo awal 11.395.847 5.332.244 Beginning balance Penambahan 8.204.425 6.063.603 Addition Saldo akhir 3.191.422 11.395.847 Ending balance Berdasarkan hasil reviu keadaan akun piutang lain- lain masing-masing debitur pada akhir periode pelaporan, manajemen Grup berkeyakinan bahwa cadangan penurunan nilai telah memadai untuk menutup kemungkinan kerugian atas tidak tertagihnya piutang lain-lain. Based on a review of the status of the individual other receivable accounts at the end of reporting period, management of the Group believes that the allowance for impairment losses is adequate to cover possible losses from uncollectible other receivables. DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE YANG BERAKHIR PADA 30 SEPTEMBER 2015 Disajikan dalam ribuan Rupiah, kecuali dinyatakan lain Lanjutan PT SEMEN INDONESIA PERSERO Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated Continued - 59 - 9. PERSEDIAAN

9. INVENTORIES

30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Suku cadang 1.125.329.352 1.163.503.845 Spare parts Bahan baku dan penolong 794.772.130 831.518.754 Raw and indirect materials Barang dalam proses 632.942.992 537.981.100 Work in process Barang jadi 428.184.075 242.247.369 Finished goods Barang dalam perjalanan 90.087.457 131.958.926 Goods in transit 3.071.316.006 2.907.209.994 Dikurangi: Less: Cadangan persediaan usang Allowance for obsolete dan bergerak lambat 88.168.458 95.505.589 and slow moving inventories Jumlah 2.983.147.548 2.811.704.405 Total Manajemen Grup berkeyakinan bahwa cadangan persediaan usang dan bergerak lambat telah mencukupi untuk menutup kemungkinan kerugian yang timbul dari persediaan usang dan bergerak lambat. The management of the Group believes that the allowance for obsolete and slow moving inventories is adequate to cover possible losses from obsolete and slow moving inventories. Persediaan tanah merupakan tanah siap jual yang dimiliki oleh entitas anak KIG. Land inventory represents a subsidiary’s KIG available for sale land. Mutasi cadangan persediaan usang dan bergerak lambat adalah sebagai berikut: The movement in the allowance for obsolete and slow moving inventories is as follows: 30 September 31 Desember September 30, December 31, 2015 2014 Unaudited Unaudited Saldo awal 95.505.589 83.733.949 Beginning balance Penambahan 7.337.131 11.771.640 Additions Saldo akhir 88.168.458 95.505.589 Ending balance Pada tanggal 30 September 2015 dan 31 Desember 2014, persediaan tertentu dijadikan jaminan atas pinjaman tertentu. As at September 30, 2015 and December 31, 2014, certain inventories are pledged as collateral for borrowings. Pada tanggal 30 September 2015 dan 31 Desember 2014, persediaan Grup telah diasuransikan terhadap resiko kerugian yang disebabkan oleh bencana alam, kebakaran, dan risiko kerugian lainnya dengan nilai pertanggungan masing-masing sebesar Rp1.514.960.683 dan Rp1.777.158.954. As at September 30, 2015 and December 31, 2014, inventories of the Group are covered by insurance against the risk of loss due to natural disaster, fire, and other risks with a total coverage of Rp1,514,960,683 and Rp1,777,158,954. Menurut pendapat manajemen Grup, nilai pertanggungan asuransi tersebut telah memadai untuk menutupi kerugian yang mungkin timbul dari risiko-risiko tersebut. The management of the Group believes that the insurance coverage is adequate to cover possible losses arising from such risks.