Peraturan Pemerintah Government Regulations

PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated 107

32. PERPAJAKAN Lanjutan

32. TAXATION Continued

Berdasarkan Undang-Undang baru tersebut, Perusahaan Terbuka dapat memperoleh penurunan tarif Pajak Penghasilan sebesar 5 lebih rendah dari tarif tertinggi, jika memenuhi persyaratan- persyaratan yang telah ditentukan. Based on the new Law, a Public Company could obtain discount of about 5 of highest tariff of income tax after fulfilling the requirements determined. Pada tanggal 30 Juni 2015 dan 2014, Perusahaan telah memenuhi ketentuan tersebut, oleh karena itu, telah menggunakan tingkat pengurangan pajak sebesar 5 dalam penghitungan pajak penghasilan untuk periode enam bulan yang berakhir pada 30 Juni 2015 dan 2014. Aset dan liabilitas pajak tangguhan juga telah dihitung dengan menggunakan tarif-tarif tersebut. As of June 30, 2015 and 2014, the Company has complied with the requirements, therefore has effected the 5 tax rate reduction in its corporate income tax computation for the six-month periods ended June 30, 2015 and 2014. Accordingly, the deferred tax assets and liabilities have been also calculated using these enacted tax rates.

33. SALDO DAN TRANSAKSI-TRANSAKSI DENGAN PIHAK BERELASI

33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES

Dalam kegiatan usaha normal, Perusahaan dan Entitas Anak melakukan transaksi dengan pihak-pihak berelasi. Transaksi-transaksi tersebut adalah sebagai berikut: The Company and Subsidiaries, in their regular conduct of business, have engaged in transactions with related parties. These transactions are as follows: a. Piutang lain-lain a. Other receivables 30 Juni 2015 31 Desember 2014 June 30, 2015 December 31, 2014 PT Bakrie Sentosa Persada 135.795.265 135.795.265 PT Bakrie Sentosa Persada Lain-lain masing-masing Others dibawah Rp10 miliar 32.333.365 27.819.166 each below Rp10 billion Sub-total 168.128.630 163.614.431 Sub-total Dikurangi penyisihan kerugian Less allowance for penurunan nilai 6.789.763 6.789.763 impairment losses Total 161.338.867 156.824.668 Total Persentase terhadap total aset Percentage to total assets 30 Juni 2015 31 Desember 2014 June 30, 2015 December 31, 2014 PT Bakrie Sentosa Persada 0,801 0,779 PT Bakrie Sentosa Persada Lain-lain masing-masing Others dibawah Rp10 miliar 0,191 0,159 each below Rp10 billion Penyisihan kerugian Allowance for penurunan nilai 0,040 0,039 impairment losses Total 1,032 0,899 Total PT BAKRIE SUMATERA PLANTATIONS Tbk AND SUBSIDIARIES NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2015 Expressed in thousands of Rupiah, unless otherwise stated 108

33. SALDO DAN TRANSAKSI-TRANSAKSI DENGAN PIHAK BERELASI

Lanjutan

33. BALANCES AND TRANSACTIONS WITH RELATED PARTIES

Continued b. Piutang pihak berelasi b. Due from related parties 30 Juni 2015 31 Desember 2014 June 30, 2015 December 31, 2014 PT Bakrie Sentosa Persada 1.783.980.914 1.558.804.667 PT Bakrie Sentosa Persada Indogreen International B.V 1.242.948.000 1.242.948.000 Indogreen International B.V PT Menthobi Mitra Lestari 395.349.331 391.239.660 PT Menthobi Mitra Lestari PT Menthobi Makmur Lestari 384.516.687 368.671.106 PT Menthobi Makmur Lestari Lain-lain masing-masing Others each below di bawah Rp10 miliar 35.839.078 36.810.805 Rp10 billion Sub-total 3.842.634.010 3.598.474.238 Sub-total Dikurangi penyisihan kerugian Less allowance for penurunan nilai 994.651.610 994.651.610 impairment losses Sub-total 2.847.982.400 2.603.822.628 Sub-total Biaya perolehan belum diamortisasi 21.271.557 21.271.557 Unamortized cost Neto 2.826.710.843 2.582.551.071 Net Persentase terhadap total aset Percentage to total assets 30 Juni 2015 31 Desember 2014 June 30, 2015 December 31, 2014 PT Bakrie Sentosa Persada 10,524 8,937 PT Bakrie Sentosa Persada Indogreen International B.V. 7,332 7,126 Indogreen International B.V. PT Menthobi Mitra Lestari 2,332 2,243 PT Menthobi Mitra Lestari PT Menthobi Makmur Lestari 2,268 2,114 PT Menthobi Makmur Lestari Lain-lain masing-masing Others each below di bawah Rp10 miliar 0,211 0,211 Rp10 billion Penyisihan kerugian Allowance for impairment penurunan nilai 5,867 5,703 losses Biaya perolehan belum diamortisasi 0,125 0,122 Unamortized costs Neto 16,675 14,806 Net Piutang pihak berelasi memiliki jangka waktu pembayaran dengan tingkat bunga pinjaman masing- masing sebesar 7,50 pada tanggal 30 Juni 2015 dan 31 Desember 2014. Pinjaman tersebut diberikan tanpa jaminan. Due from related parties are interest bearing loans with repayment schedule at annual rates of 7.50 as of June 30, 2015 and December 31, 2014, respectively. These loans are unsecured. Piutang kepada Indogreen International B.V adalah untuk pengembangan usaha hulu perkebunan seperti pengembangan perkebunan kelapa sawit, baik dalam bentuk perluasan lahan, pembibitan, penanaman baru ataupun penanaman kembali replanting, serta dalam bentuk peningkatan kapasitas dan utilisasi pabrik Perusahaan. Due from Indogreen International B.V will be allocated to develop plantation upstream business such as development of palm oil plantation, which includes land expansion, seedling, new planting or replanting, as well as to increase the Company’s processing plant capacity and utility.