PIUTANG USAHA TRADE RECEIVABLES

originally issued in Indonesian language h k shibit E 50 Exhibit E50 PT MODERN INTERNASIONAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MODERN INTERNASIONAL Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Expressed in Rupiah, unless otherwise stated 14. ASET TAK BERWUJUD 14. INTANGIBLE ASSET 2 0 1 6 Saldo awal Beginning Penambahan Pengurangan Reklasifikasi Saldo akhir Ending 2 0 1 6 balance Additions Deductions Reclassifications balance Biaya perolehan Acquisition cost Perangkat lunak 85.681.776.570 14.853.353.711 - - 100.535.130.281 Software Waralaba 17.013.897.407 - - - 17.013.897.407 Franchise Sub-total 102.695.673.977 14.853.353.711 - - 117.549.027.688 Sub-total Akumulasi amortisasi Accumulated amortization Perangkat lunak 41.281.478.012 24.953.946.650 - - 66.235.424.662 Software Waralaba 5.316.842.934 850.694.860 - - 6.167.537.794 Franchise Sub-total 46.598.320.946 25.804.641.510 - - 72.402.962.456 Sub-total Nilai buku bersih 56.097.353.031 45.146.065.232 Net book value 2 0 1 5 Saldo awal Beginning Penambahan Pengurangan Reklasifikasi Saldo akhir Ending 2 0 1 5 balance Additions Deductions Reclassifications balance Biaya perolehan Acquisition cost Perangkat lunak 73.500.150.405 12.181.626.165 - - 85.681.776.570 Software Waralaba 17.013.897.407 - - - 17.013.897.407 Franchise Sub-total 90.514.047.812 12.181.626.165 - - 102.695.673.977 Sub-total Akumulasi amortisasi Accumulated amortization Perangkat lunak 28.291.621.052 12.989.856.960 - 41.281.478.012 Software Waralaba 4.466.148.074 850.694.860 - 5.316.842.934 Franchise Sub-total 32.757.769.126 13.840.551.820 46.598.320.946 Sub-total Nilai buku bersih 57.756.278.686 56.097.353.031 Net book value Alokasi beban amortisasi yang dibebankan pada laporan laba rugi dan penghasilan komprehensif lain konsolidasian sebagai berikut: Amortization was charged to the consolidated statement of profit or loss and other comprehensive income as follows: 20 1 6 2 0 1 5 Beban penjualan Catatan 27 12.843.136.330 13.840.551.820 Selling expenses Note 27 Penurunan nilai Catatan 29b 12.961.505.180 - Impairment loss Note 29b T o t a l 25.804.641.510 13.840.551.820 T o t a l 15. UTANG JANGKA PENDEK 15. SHORT-TERM LOANS 31 Desember 2016 31 December 2016 31 Desember 2015 31 December 2015 Bank Bank Dalam Rupiah In Rupiah Perusahaan The Company PT Bank CIMB Niaga Tbk - 13.638.061.792 PT Bank CIMB Niaga Tbk Entitas anak Subsidiaries PT Bank Permata Tbk 22.851.433.963 18.560.635.540 PT Bank Permata Tbk PT Bank CIMB Niaga Tbk 20.000.000.000 24.999.862.368 PT Bank CIMB Niaga Tbk PT Bank Mandiri Persero Tbk 16.880.000.000 19.948.750.000 PT Bank Mandiri Persero Tbk PT Bank Negara Indonesia Persero Tbk - 29.865.000.000 PT Bank Negara Indonesia Persero Tbk Dalam USD Entitas anak Standard Chartered Bank 201.540.000.000 206.925.000.000 Standard Chartered Bank Sub-total 261.271.433.963 313.937.309.700 Sub-total originally issued in Indonesian language i k shibit E 51 Exhibit E51 PT MODERN INTERNASIONAL Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 Disajikan dalam Rupiah, kecuali dinyatakan lain PT MODERN INTERNASIONAL Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 Expressed in Rupiah, unless otherwise stated 15. UTANG JANGKA PENDEK Lanjutan 15. SHORT-TERM LOAN Continued 31 Desember 2016 31 December 2016 31 Desember 2015 31 December 2015 Non-bank Non-bank Dalam Rupiah In Rupiah Perusahaan The Company Pihak ketiga Third parties PT Equity Finance Indonesia 25.000.000.000 - PT Equity Finance Indonesia PT Paramitra Multifinance 20.000.000.000 - PT Paramitra Multifinance Sub-total 45.000.000.000 - Sub-total Pihak berelasi Catatan 32 Related party Note 32 PT Saison Modern Finance 24.476.696.226 - PT Saison Modern Finance Entitas anak Subsidiaries Pihak ketiga Third parties PT Century Tokyo Leasing Indonesia 23.750.955.462 - PT Century Tokyo Leasing Indonesia Pihak berelasi Catatan 32 Related party Note 32 PT Saison Modern Finance 1.415.325.156 - PT Saison Modern Finance T o t a l 355.914.410.807 313.937.309.700 T o t a l Perusahaan The Company PT Bank CIMB Niaga Tbk Bank CIMB PT Bank CIMB Niaga Tbk Bank CIMB Fasilitas Pinjaman Tetap Fixed Loan Facility Pada tanggal 7 Oktober 2010, Perusahaan menandatangani perjanjian kredit dengan Bank CIMB atas fasilitas pinjaman tetap dengan nilai maksimum sebesar Rp 145.000.000.000 dengan jangka waktu pembayaran 12 dua belas bulan. Pinjaman tersebut digunakan sebagai jaminan pembayaran atas Letters of Credit Perusahaan untuk impor bahan baku, barang dagangan, persediaan mesin fotokopi dan barang lainnya yang bukan barang modal, dan untuk pelunasan utang sight LC dari bank ICBC yang diterbitkan sebelum penandatanganan perjanjian, serta digunakan untuk pembelian bahan baku dan barang dagangan lokal. On 7 October 2010, the Company entered into a loan agreement with Bank CIMB for fixed loan facility with a maximum amount of Rp 145,000,000,000 and with repayment term of 12 twelve months. This loan will be used as guarantee for the payment of the Company s Letters of Credit to import raw materials, goods for sales, photocopy machines inventory, and other goods which are not part of capital goods, and for the settlement sight LC from ICBC Bank which is released before the signing off of the agreement and also used for the purchase of local raw materials and goods. Fasilitas ini memiliki syarat berupa penempatan kas yang dibatasi penggunaannya pada rekening Bank CIMB Catatan 5. This facility has covenant in the form of restricted cash placement in Bank CIMB account Note 5. Pada tanggal 18 November 2015, limit fasilitas ini dikurangi menjadi Rp 42.000.000.000 dan tanggal jatuh temponya diperpanjang sampai dengan tanggal 17 Oktober 2016. On 18 November 2015, the limit of this facility was reduced to Rp 42,000,000,000 and its maturity date was extended until 17 October 2016. Pada tanggal-tanggal 31 Desember 2016 dan 2015, saldo pinjaman atas fasilitas ini adalah masing- masing sebesar nihil dan Rp 13.638.061.792. Pada tahun 2016, Perusahaan telah membayar seluruh saldo pinjaman tetap. As of 31 December 2016 and 2015, the outstanding balance under this facility amounted to nil and Rp 13,638,061,792, respectively. In 2016, the Company has paid all the remaining amount of the loan. PT Modern Sevel Indonesia MSI PT Modern Sevel Indonesia MSI Standard Chartered Bank SCB Standard Chartered Bank SCB Pada tanggal 18 Desember 2014, MSI memperoleh fasilitas pinjaman berulang dari SCB, cabang Singapura dengan jumlah kredit maksimum sebesar USD 15.000.000. Jangka waktu fasilitas ini adalah 12 dua belas bulan sejak tanggal mulai penggunaan fasilitas. Tanggal penggunaan fasilitas adalah 14 Januari 2015. On 18 December 2014, MSI obtained a revolving loan facility from SCB, Singapore branch with maximum credit amounting to USD 15,000,000. The term of this facility is 12 twelve months from the first utilization date. First utilization date is 14 January 2015.