Income tax SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS AN AK CATATAN ATAS L APOR AN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011 Disajikan dalam dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in U.S. dollars, unless otherwise stated 37

2. IKHTISAR KEBIJAK AN AKUNTANSI PENTING lanjutan

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued

t. Instrumen keuangan lanjutan

t. Financial instruments continued

t2. Liabilitas keuangan t2. Financial liabilities Pengakuan awal Initial recognition Liabilitas keuangan dalam lingkup PSAK No. 55 Revisi 2011 diklasif ikasikan sebagai liabilitas keuangan y ang diukur pada nilai wajar melalui laporan laba rugi, pinjaman dan utang, atau deriv atif yang ditetapkan sebagai instrumen lindung nilai dalam lindung nilai y ang ef ektif, mana y ang sesuai. Grup menentukan klasifikasi liabilitas keuangan mereka pada saat pengakuan awal. Financial liabilities within the scope of PSAK No. 55 Revised 2011 are classified as financial liabilities at fair value through profit or loss, loans and borrowings, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The Group determines the classification of their financial liabilities at initial recognition. Liabilitas keuangan diakui pada awalny a sebesar nilai wajar dan, dalam hal pinjaman dan utang, termasuk biaya transaksi yang dapat diatribusikan secara langsung. Financial liabilities are recognized initially at fair value and, in the case of loans and borrowings, inclusive of directly attributable transaction costs. Liabilitas keuangan Grup meliputi pinjaman jangka pendek, utang usaha dan lain-lain, beban masih harus dibay ar, liabilitas imbalan kerja kary awan jangka pendek, utang dividen, utang kepada pihak-pihak berelasi dan pinjaman jangka panjang. Grup mengklasif ikasikan seluruh liabilitas keuangan mereka sebagai pinjaman dan utang. The Group’s financial liabilities include short- term loans, trade and other payables, accrued expenses, short-term employee benefits liability, dividends payable, due to related parties and long-term loans. The Group classifies all of its financial liabilities as loans and borrowings. Pengukuran setelah pengakuan awal Subsequent measurement Setelah pengakuan awal, pinjaman dan utang y ang dikenakan bunga selanjutnya diukur pada biay a perolehan diamortisasi dengan menggunakan metode suku bunga ef ektif. Keuntungan dan kerugian diakui dalam laporan laba rugi komprehensif konsolidasian pada saat liabilitas tersebut dihentikan pengakuanny a serta melalui proses amortisasi. After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortized cost using the effective interest rate method. Gains and losses are recognized in the consolidated statement of comprehensive income when the liabilities are derecognized as well as through the amortization process. t3. Saling hapus dari instrumen keuangan t3. Offsetting of financial instruments Aset keuangan dan liabilitas keuangan saling hapus dan nilai bersihnya dilaporkan dalam laporan posisi keuangan konsolidasian jika, dan hanya jika, saat ini memiliki hak yang berkekuatan hukum untuk melakukan saling hapus atas jumlah y ang telah diakui dan terdapat niat untuk meny elesaikan secara neto, atau untuk merealisasikan aset dan menyelesaikan liabilitasny a secara simultan. Financial assets and liabilities are offset and the net amount reported in the consolidated statement of financial position if, and only if, there is a currently enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously. Indonesian language. PT CITRA TUBINDO Tbk DAN ENTITAS AN AK CATATAN ATAS L APOR AN KEUANGAN KONSOLIDASIAN Tahun Yang Berakhir Pada Tanggal-tanggal 31 Desember 2012 dan 2011 Disajikan dalam dolar AS, kecuali dinyatakan lain PT CITRA TUBINDO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2012 and 2011 Expressed in U.S. dollars, unless otherwise stated 38

2. IKHTISAR KEBIJAKAN AKUNTANSI PENTING lanjutan