ESTIMATES AND JUDGMENTS OF SIGNIFICANT

PT BINTANG MITRA SEMESTARAYA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan Pada dan Untuk Tahun Yang Berakhir Tanggal 31 Desember 2015 Disajikan Dalam Rupiah, Kecuali Dinyatakan Lain PT BINTANG MITRA SEMESTARAYA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Continued As of and For The Year Ended December 31, 2015 Expressed in Rupiah, Unless Otherwise Stated 73

6. PIUTANG USAHA - PIHAK KETIGA Lanjutan

6. TRADE RECEIVABLES - THIRD PARTIES

Continued Terdapat piutang usaha yang dijaminkan oleh Perusahaan atas fasilitas pinjaman anjak piutang dan utang bank yang masing- masing diperoleh dari PT Emperor Finance Indonesia dan PT Bank Victoria International Tbk Catatan 16. There are trade receivables secured by the Company for factoring credit facility and bank loan which obtained from PT Emperor Finance Indonesia and PT Bank Victoria International Tbk Note 16. Rincian piutang usaha yang dijaminkan atas fasilitas pinjaman anjak piutang sebagai berikut: Details of trade receivables that collateralized for factoring credit facility are as follows: 2015 2014 PT South Pacific Viscose 76.358.675.198 23.514.409.574 PT South Pacific Viscose PT Indo Bharat Rayon 50.291.851.952 5.112.742.180 PT Indo Bharat Rayon PT Unilever Indonesia Tbk 19.206.078.970 - PT Unilever Indonesia Tbk PT Unipack Plasindo 9.418.530.000 - PT Unipack Plasindo PT Sayap Mas Utama 6.620.124.060 - PT Sayap Mas Utama PT Tanimas Soap Industries 5.524.098.250 - PT Tanimas Soap Industries PT Suryamakmur Agung Lestari 823.552.620 - PT Suryamakmur Agung Lestari PT Tirta Alam Segar 184.250.000 - PT Tirta Alam Segar Jumlah 168.427.161.050 28.627.151.754 Total Rincian piutang usaha yang dijaminkan atas fasilitas utang bank sebagai berikut: Details of trade receivables that guaranteed for bank loan facility are as follow: 2015 2014 PT Angsa Dua Aneka Industri 13.757.487.616 - PT Angsa Dua Aneka Industri PT Bina Kasih Abadi 7.891.379.771 - PT Bina Kasih Abadi PT Bina Karya Prima 6.938.874.800 - PT Bina Karya Prima PT Cakranusa Karyasejati 2.401.533.013 - PT Cakranusa Karyasejati PT Pratama Plastindo Utama 260.282.440 - PT Pratama Plastindo Utama PT Ayu Brata Sakti 1.232.000 PT Ayu Brata Sakti PT Unilever Indonesia Tbk - 19.171.462.200 PT Unilever Indonesia Tbk PT Maspion Kencana - 10.346.900.872 PT Maspion Kencana PT Kao Indonesia Chemicals - 1.651.328.250 PT Kao Indonesia Chemicals PT Tyfountex Indonesia - 81.523.750 PT Tyfountex Indonesia Jumlah 31.250.789.640 31.251.215.072 Total Tidak ada pihak pembeli dengan nilai penjualan melebihi 10 dari pendapatan. There is no such consumer with a sales value exceeding 10 of revenues. Berdasarkan penelaahan terhadap keadaan akun piutang masing- masing pelanggan pada akhir tahun. manajemen berpendapat bahwa piutang usaha tersebut dapat tertagih seluruhnya. sehingga tidak membuat penyisihan penurunan nilai piutang ragu-ragu. Based on the review of the accounts receivable of each customer at the end of the year. management believes that these trade receivables can be collected entirely. so the management does not make allowance for impairment value of doubtful accounts. PT BINTANG MITRA SEMESTARAYA Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Lanjutan Pada dan Untuk Tahun Yang Berakhir Tanggal 31 Desember 2015 Disajikan Dalam Rupiah, Kecuali Dinyatakan Lain PT BINTANG MITRA SEMESTARAYA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Continued As of and For The Year Ended December 31, 2015 Expressed in Rupiah, Unless Otherwise Stated 74

7. PIUTANG LAIN-LAIN

7. OTHER RECEIVABLE

2015 2014 PT Prima Solusindo Sejahtera 26.804.346.221 15.722.829.971 PT Prima Solusindo Sejahtera PT Sulfindo Adiusaha 1.434.503.862 - Karyawan 595.579.987 100.000.000 Employees PT Karya Pijar Lastari 1.698.304 1.350.383 PT Karya Pijar Lastari Lain-lain 5.493.354.973 2.119.167.586 Others Jumlah 34.329.483.347 17.943.347.940 Total Berdasarkan penelaahan yang telah dilakukan. manajemen beRpendapat seluruh piutang tersebut dapat ditagih sehingga tidak diadakan penyisihan penurunan nilai piutang ragu-ragu. Based on the review of the account. management believes that the receivables are fully collectible. thus no allowance for impairment value of doubtful accounts was provided.

8. PERSEDIAAN

8. INVENTORIES

2015 2014 Perusahaan Company Barang Jadi - dalam perjalanan - 24.000.000 Finished Goods - in transit Jumlah 24.000.000 Total Dikurangi : penyisihan penurunan Less :allowance for impairment persediaan - - value of Inventories Bersih - 24.000.000 Net Mutasi cadangan penurunan nilai sebagai berikut: The movement of allowance impairment are as follows: 2015 2014 Saldo awal - 2.366.796.393 Begining balance Selisih penjabaran mata uang asing - Translation different Penyesuaian atas pelepasan TAC - 2.366.796.393 Adjustment on discharge TAC Cadangan penurunan nilai - - Allowance for impairment Perusahaan dan Entitas Anak tidak mengasuransikan persediaannya karena manajemen berkeyakinan bahwa risiko kerugian yang mungkin timbul atas persediaan tidak signifikan. The Company and Subsidiary has not insured the inventories because management believes that the risk of loss which may arise on the inventory is not significant.

9. UANG MUKA

9. ADVANCE PAYMENT

2015 2014 Puguh Mulyanto - 6.767.562.500 Puguh Mulyanto PT Padi Unggul Indonesia - 399.882.100 PT Padi Unggul Indonesia Biaya ijin tangki curah 325.000.000 Lainnya 67.902.914 437.682.563 Other Jumlah 392.902.914 7.605.127.163 Total Uang muka ke Puguh Mulyanto merupakan uang muka pembelian tanah di Serang. Banten. Advance payment to Puguh Mulyanto represent advance for purchase of land in Serang. Banten.