SUMBER ESTIMASI KETIDAKPASTIAN SOURCE OF ESTIMATION UNCERTAINTY

PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2012 dan Tahun yang Berakhir pada Tanggal 31 Desember 2011 Dengan Angka Perbandingan untuk Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2011 Tidak Diaudit dan Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2010 dan 2009 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Six-Month Period Ended June 30, 2012 and Year Ended December 31, 2011 With Comparative Figures for the Six-Month Period Ended June 30, 2011 Unaudited and Years Ended December 31, 2010 and 2009 Expressed in Rupiah, unless Otherwise Stated 40 6. PIUTANG USAHA 6. TRADE RECEIVABLES Rincian atas piutang usaha berdasarkan pelanggan adalah sebagai berikut: Details of trade receivables based on customers are as follows: 30 Juni 2012 31 Des. 2011 31 Des. 2010 31 Des. 2009 June 30, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009 Pihak Ketiga Third Parties Rupiah Rupiah PT Sumber Alfaria Trijaya Tbk 3.064.916.580 3.624.867.620 866.725.000 371.843.250 PT Sumber Alfaria Trijaya Tbk Bernard Daniel 2.725.210.488 3.202.930.093 1.309.427.196 945.648.000 Bernard Daniel PT Berkah Tobacco Indonesia 2.495.830.722 2.248.175.160 2.428.295.760 977.551.575 PT Berkah Tobacco Indonesia CV Dwikarya Makmur 2.187.510.600 2.476.690.700 1.706.103.300 1.289.519.880 CV Dwikarya Makmur PT Selatanprima Sejahterajaya 1.903.585.450 1.155.205.400 891.265.400 426.132.000 PT Selatanprima Sejahterajaya PT Corona Mas 1.852.716.679 1.416.823.430 - 142.199.640 PT Corona Mas PT Indomarco Prismatama 1.086.956.250 213.662.000 197.061.000 214.665.250 PT Indomarco Prismatama PT Perusahaan Perdagangan PT Perusahaan Perdagangan Indonesia Persero 1.023.627.710 1.128.355.710 1.155.632.510 899.896.033 Indonesia Persero CV Sinar Mandiri 907.741.300 1.222.853.400 840.688.400 9.287.158 CV Sinar Mandiri Goenadi 716.485.798 873.460.500 1.784.086.645 805.400.750 Goenadi UD Duta Indah 654.773.600 581.681.800 155.086.200 130.661.600 UD Duta Indah PT Purindo Ilufa 593.253.012 865.102.230 440.412.414 - PT Purindo Ilufa UD Deli Wijaya 590.301.300 762.192.620 192.102.600 158.140.800 UD Deli Wijaya Ali Gunawan 535.392.000 1.094.127.100 778.507.015 794.640.000 Ali Gunawan CV Pinang Mas 515.915.700 439.012.200 - 72.543.600 CV Pinang Mas PT Karya Tajinan Prima 476.190.000 558.511.800 361.171.800 797.665.000 PT Karya Tajinan Prima PT Cakra Guna Cipta 418.618.200 780.757.010 1.861.690.600 1.204.029.200 PT Cakra Guna Cipta UD Tanpa Nama 335.663.000 574.317.200 157.867.950 118.136.900 UD Tanpa Nama CV Megah Sejahtera 232.320.000 429.660.000 136.059.000 - CV Megah Sejahtera CV Sumber Anugrah Jaya 154.099.726 493.847.799 - - CV Sumber Anugrah Jaya Toko Surya Kencana 108.118.000 200.315.050 62.448.000 83.394.300 Toko Surya Kencana Wicaksono 34.107.425 560.788.910 - 200.706.000 Wicaksono Yulianti - - 507.408.847 - Yulianti Bustami - - 449.748.420 228.674.462 Bustami PT Rembaka - 270.358.000 642.891.975 433.903.470 PT Rembaka Djilianton - - 1.126.156.713 - Djilianton PT Karya Timur Prima - - 846.567.700 1.089.924.000 PT Karya Timur Prima Lain-lain masing-masing Others each kurang dari Rp400 juta 9.462.854.147 10.449.156.646 9.381.252.073 6.373.324.582 below Rp400 million Total 32.076.187.687 35.622.852.378 28.278.656.518 17.767.887.450 Total Analisa umur piutang usaha adalah sebagai berikut: The aging analysis of trade receivables are as follows: 30 Juni 2012 31 Des. 2011 31 Des. 2010 31 Des. 2009 June 30, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009 Sampai dengan 30 hari 20.164.882.878 22.362.993.362 18.242.793.663 12.308.230.883 Up to 30 days 31 - 90 hari 9.419.163.100 11.012.535.873 6.141.523.078 5.282.067.334 31 - 90 days 91 - 360 hari 2.492.141.709 2.247.323.143 3.894.339.777 177.589.233 91 - 360 days Total 32.076.187.687 35.622.852.378 28.278.656.518 17.767.887.450 Total Manajemen berpendapat bahwa seluruh piutang usaha dapat tertagih, sehingga tidak diperlukan cadangan penurunan nilai piutang usaha. Management is of the opinion that all trade receivables are fully collectible, therefore, no allowance for impairment of trade receivables is required. Piutang usaha Perusahaan pada tanggal 30 Juni 2012, 31 Desember 2011, 2010 dan 2009 masing-masing sebesar Rp3.350.000.000, dijadikan jaminan untuk fasilitas pinjaman dari PT Bank CIMB Niaga Tbk Catatan 15. The Company’s trade receivables as of June 30, 2012, December 31, 2011, 2010 and 2009 amounting to Rp3,350,000,000, respectively, were used as collateral for loan facility from PT Bank CIMB Niaga Tbk Note 15. Piutang usaha PT Gelora Djaja dari PT Gawih Jaya pada tanggal 30 Juni 2012, 31 Desember 2011, 2010 dan 2009 masing-masing sebesar Rp81.031.018.895, Rp75.689.761.773, Rp57.329.932.793 dan Rp41.236.173.977, dijadikan jaminan untuk fasilitas pinjaman dari PT Bank Danamon Indonesia Tbk Catatan 15. PT Gelora Djaja’s trade receivables from PT Gawih Jaya as of June 30, 2012, December 31, 2011, 2010 and 2009 amounting to Rp81,031,018,895, Rp75,689,761,773, Rp57,329,932,793 and Rp41,236,173,977, respectively, were used as collateral for loan facility from PT Bank Danamon Indonesia Tbk Note 15. PT WISMILAK INTI MAKMUR TBK DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2012 dan Tahun yang Berakhir pada Tanggal 31 Desember 2011 Dengan Angka Perbandingan untuk Periode Enam Bulan yang Berakhir pada Tanggal 30 Juni 2011 Tidak Diaudit dan Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2010 dan 2009 Disajikan dalam Rupiah, kecuali Dinyatakan Lain PT WISMILAK INTI MAKMUR TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Six-Month Period Ended June 30, 2012 and Year Ended December 31, 2011 With Comparative Figures for the Six-Month Period Ended June 30, 2011 Unaudited and Years Ended December 31, 2010 and 2009 Expressed in Rupiah, unless Otherwise Stated 41 7. PIUTANG LAIN-LAIN 7. OTHER RECEIVABLES Akun ini terdiri dari: This account consists of: 30 Juni 2012 31 Des. 2011 31 Des. 2010 31 Des. 2009 June 30, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009 Pihak Ketiga Third Parties Rupiah Rupiah Kantor Kas Negara 335.910.389 - - - Kantor Kas Negara Piutang Karyawan 10.699.050 6.816.144 - - Employee receivables PT Japan Tobacco International PT Japan Tobacco Indonesia - 157.919.704 - - International Indonesia Lain-lain masing-masing Others each kurang dari Rp100 juta 184.152.832 2.751.000 - - below Rp100 million Total 530.762.271 167.486.848 - - Total 8. PERSEDIAAN 8. INVENTORIES Akun ini terdiri dari: This account consists of: 30 Juni 2012 31 Des. 2011 31 Des. 2010 31 Des. 2009 June 30, 2012 Dec. 31, 2011 Dec. 31, 2010 Dec. 31, 2009 Barang jadi 56.483.433.374 59.292.353.963 40.999.328.588 19.096.775.459 Finished goods Barang dalam proses 20.817.935.950 15.272.564.660 9.655.793.908 8.137.361.776 Work-in-process Bahan baku dan pembantu 294.884.314.261 280.773.079.188 189.388.631.774 206.032.431.318 Raw and supporting materials Pita cukai 19.993.738.580 32.010.051.620 13.917.058.280 8.445.668.656 Excise duty ribbons Suku cadang dan lain-lain 6.530.969.044 5.829.999.118 4.522.304.617 4.328.312.710 Spareparts and others Total 398.710.391.209 393.178.048.549 258.483.117.167 246.040.549.919 Total Pada tanggal 30 Juni 2012, 31 Desember 2011, 2010 dan 2009, persediaan Grup diasuransikan terhadap risiko kebakaran dan risiko kerugian lainnya dengan nilai pertanggungan masing- masing sebesar Rp418.550.000.000, Rp350.758.942.400, Rp340.991.392.400 dan Rp189.048.942.400 dimana manajemen berkeyakinan bahwa nilai tersebut cukup untuk menutupi kemungkinan kerugian atas risiko-risiko tersebut. As of June 30, 2012, December 31, 2011, 2010 and 2009, the Group’s inventories are insured against fire risk and other risks with the sum insured amounting to Rp418,550,000,000, Rp350,758,942,400, Rp340,991,392,400 and Rp189,048,942,400, respectively, which the management believes adequate to cover possible losses from such risks. Manajemen berpendapat bahwa nilai tercatat persediaan pada tanggal 30 Juni 2012, 31 Desember 2011, 2010 dan 2009 mendekati nilai realisasi neto-nya. Management is of the opinion that the carrying amount of inventories as of June 30, 2012, December 31, 2011, 2010 and 2009, approximates their net realizable value. Persediaan Grup masing-masing sebesar Rp262.950.000.000, Rp262.950.000.000, Rp142.950.000.000 dan Rp127.950.000.000 pada tanggal 30 Juni 2012, 31 Desember 2011, 2010 dan 2009 yang terdiri dari bahan baku, barang jadi dan bahan pembantu dijadikan jaminan untuk fasilitas pinjaman dari PT Bank Danamon Indonesia Tbk, PT Bank Central Asia Tbk, PT Bank Ganesha dan PT Bank CIMB Niaga Tbk Catatan 15. The Group’s inventories of raw materials, supporting materials and finished goods amounting to Rp262,950,000,000, Rp262,950,000,000, Rp142,950,000,000 and Rp127,950,000,000 as of June 30, 2012, December 31, 2011, 2010 and 2009, respectively, were used as collaterals for loan facilities from PT Bank Danamon Indonesia Tbk, PT Bank Central Asia Tbk, PT Bank Ganesha and PT Bank CIMB Niaga Tbk Note 15. Manajemen berpendapat bahwa seluruh piutang lain-lain dapat tertagih, sehingga tidak diperlukan penyisihan penurunan nilai piutang lain-lain. Management is of the opinion that all other receivables are fully collectible, therefore, no allowance for impairment of other receivables is required.